RE: BitShares (BTS) Update: Attractive Buying Opportunity Approaches!!

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BitShares (BTS) Update: Attractive Buying Opportunity Approaches!!

in busy •  7 years ago  (edited)

i like bts but what about this
https://medium.com/@aenigmacapital/investor-warning-arisebank-ico-strategic-partnership-with-bitshares-is-a-scam-96b8b473a61d

lets do some digging. that was only 1st page of a google search lol. Seems like scammers are trying to take advantage of hype. I like bts idea but if they are involved too I might, heck I'll probably still trade it because none of this shit means anything. We all speculate on price and could care less about any fundamentals. 95% of coins have no fundamentals anyway, barely even got working mvps or profit producing products.

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Time will tell regarding ARISE. There are enough people claiming "scam" without evidence. These guys want/need to hold their info close to the vest and as a private business, they are entitled to. I can see how a community built around open source would react negatively to this strategy but at the same time, let's give them a chance and see if they can bring other assicated businesses up with them. I won't buy the coins from their ICO at $1.45 but I will buy them on the secondary market after all this FUD hopefully drives the price down and they show some actual working product.

Ouch. Thank you for this... very sketchy. .. And I was just about to buy some today. The article doesn't say much about BTS other than they openly state they plan to "do business" with these aparrant frauds. That doesn't reflect well on Bitshares, imo