Oyster pearl, Insider trading, manipulation and unethical behaviour.

in #cryptocurrency7 years ago

Okay hello everyone, I would like to quickly disclaim that I was a proud investor in Oyster pearl and was invested heavily both emotionally and financially. I’m only sharing this post for the benefit of other people because I myself wouldn’t want my investment to get crushed so I would like to inform others. Again, this is not financial advice just merely an encapsulation on what has happened this past week.

Let’s begin with the Insider trading. Bruno Block (Ceo of Oyster) sold a lot of PRL on this day. There was a huge outrage, Bruno did serious market orders from 14k to 10k Satoshi.

Bruno selling.PNG

Huge sell off before date change.PNG

OKAY! That’s okay, fine you wanted to tank the price with some below market orders, great. The plot thickens, Shortly after Same day he dumped.PNG

Then he suddenly changes snapshot date just after dumping. SNAPSHOT DATE moved to support kucoin participation. Mhmmm, why would it suddenly get moved after a huge sell off? Must be “Jon snow”

Medium article.png

And then, to my surprise, wow Bruno Block saves the day with a medium article. This “jon snow” guy must have hurt everyone’s investments Because Bruno said so.

Bruno.png

It just gets worse, MrRedPanda happens to work for Oyster team. He bribed himself to get into the oyster whales chat to negotiate it seems. “Jon snow” must have sent him.

mrredpanda.png

Hilarious, so you decide to message whales of a coin with manipulative intentions, but you wouldn’t be doing it with kucoin when more money is on the table?

Oyster whales.png

There you have it guys, this is what happens when you follow an anonymous scammer. Now everyone can connect the dots.

Disclaimer: I no longer have any oyster pearl and this is not financial advice.

Donations:

Ethereum address: Just kidding, don’t want to steal your money like oyster team

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Nice share. That was a very strange set of events that occurred. And yes the price dropped pretty significant. Are you out of PRL indefinitely, or do you plan on getting back in sometime in the future?

Oh yea...plenty of angry people on both sides. I'm wondering if this dip is giving a buying opportunity for a short term flip? I'm gonna keep an eye on the price. Definitely shady though on the Admin side selling heavy knowing that there would be delays.

60 cents in a bull market and you want to buy? you seem obsessed with PRL, all I can say is I'm glad I got out before the airdrop insider trading.

Ha...obsessed?! Not even close. I'm just looking at the big drop, and the news is a delay of only one month. I may pick up a few and if it runs up in the next few weeks, I dump for a profit. How is that obsessed? Be fearful where others are greedy and greedy when others are fearful.

Haha!! there are so many other projects in this space though. Good idea though. But I think Bruno also delayed Mainnet because it would have been amazingly disappointing and the price would have dumped beyond obvlion.

@pbgreenpoint well when you think about it there was serious insider trading then bullshit lies, then blaming jullz on the dump when the admins clearly admitted to dumping. Now people just don't trust the team anymore and are hoping to get the hell out whenever they can.

What made it worse was they dumped on us then announced the pushback, adding insult to injury. I'm not getting back in.

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