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re: Game Coin… Biggest BR scam ever?

Posted on 11/11/22 at 4:02 pm to
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
26119 posts
Posted on 11/11/22 at 4:02 pm to
quote:

quote:
That you Mascona?


Dude should be held more accountable by his audience for this.


If I were him I would be at my attorneys office this week to prepare for potential civil and governmental litigation actions against me for promoting this. If you don't think the Feds aren't going to go after the promoters of this shite you are an idiot.
This post was edited on 11/11/22 at 4:07 pm
Posted by LasVegasTiger
Idaho
Member since Apr 2008
8086 posts
Posted on 11/11/22 at 4:02 pm to
quote:


Local version of Colin Cowterd.


Sounds about right. I really dislike Moscona for some reason. Even though I live 2000 miles away.

I'm pretty knowledgeable on crypto and just stayed away from Gamecoin after doing my research. Nothing to do with who created it.

I know them both and have no issues with either just based it off research of the actual coin.

Now Moscona, I don't know at all but have issues with haha.
Posted by Bubb
Member since Mar 2010
3935 posts
Posted on 11/11/22 at 4:06 pm to
Is Moscona getting a cut to push it or just reading the sponsored ads on air?
This post was edited on 11/11/22 at 4:32 pm
Posted by Brummy
Central, LA
Member since Oct 2009
4522 posts
Posted on 11/11/22 at 4:21 pm to
quote:

If you don't think the Feds aren't going to go after the promoters of this shite you are an idiot.

Maybe eventually, but there's so many of these bullshite token scams all over the place I don't see how they have the manpower to put together cases for all of them, especially the relatively small ones like this. I could see some kind of civil action happening before that, for which I think he would be at risk.
Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
87582 posts
Posted on 11/11/22 at 4:28 pm to
quote:

He will probably have this anchored. I know the ones on the money board got anchored.



Moscona has ZERO influence here after saying some pretty negative things about TD on his show through the years

trust me on that
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 11/11/22 at 4:31 pm to
quote:

If you don't think the Feds aren't going to go after the promoters of this shite you are an idiot.

The feds are not getting involved with this. This is the smallest of potatoes in the crypto world
Posted by Bubb
Member since Mar 2010
3935 posts
Posted on 11/11/22 at 4:37 pm to
So where did the money go, and how is this different than a pyramid scheme?
Posted by BoogalooCopperpot
In my own head
Member since Jan 2021
458 posts
Posted on 11/11/22 at 4:37 pm to
Hellooooo, Mr. Wilson……
Posted by Big Scrub TX
Member since Dec 2013
33676 posts
Posted on 11/11/22 at 4:37 pm to
quote:

You realize much of crypto crashed yesterday right? Because of the impending recession? Right?
Crashing, yes, but not for that reason.
Posted by Bubb
Member since Mar 2010
3935 posts
Posted on 11/11/22 at 4:45 pm to
LINK /

Reading comments.
Posted by BoogalooCopperpot
In my own head
Member since Jan 2021
458 posts
Posted on 11/11/22 at 4:49 pm to
Well I’d hope your broadmoor buddy wouldn’t frick you too badly.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 11/11/22 at 4:58 pm to
People bought the coin and it went worthless. I'm not saying the creators weren't scamming, but in an unregulated market, I dunno what crimes you're going to lay on them
Posted by Bubb
Member since Mar 2010
3935 posts
Posted on 11/11/22 at 5:08 pm to
"Already Game Coin has donated $2 million-plus to various causes." From 5% fee goes to charity...so that's at least 40 mil somewhere. Very interesting.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424798 posts
Posted on 11/11/22 at 5:39 pm to
quote:

but in an unregulated market, I dunno what crimes you're going to lay on them

Depending on what kind of communications they had dealing with the launch and other aspects of how they ran the company, fraud comes into play and or theft, and that creates all sorts of avenues for criminal prosecution on both the state and federal level
Posted by BoogalooCopperpot
In my own head
Member since Jan 2021
458 posts
Posted on 11/11/22 at 9:16 pm to
IRS will get involved when the taxes don’t paid on capital gains.
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25658 posts
Posted on 11/11/22 at 9:42 pm to
He’s the shiniest turd in the bowl
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/11/22 at 10:16 pm to
quote:

IRS will get involved when the taxes don’t paid on capital gains


Every person that took the airdrop got the value at the launch of v2 taxed as ordinary income. The $1000 was probably used to shut people up.

The funniest part of it is the xdoge crew swooping in to eat up the gmex profits.

Brilliant timing on their part, and I appreciate the opportunity to get that $$$.

Posted by OweO
Plaquemine, La
Member since Sep 2009
114123 posts
Posted on 11/11/22 at 10:53 pm to
When it first became available I had a few people tell me about it. One guy told me a coworker of his put a few thousand in it and it had gone up a lot so that guy's dad wanted to buy $50k worth because they were sold on the idea it was going to make another big jump and it tanked.

The first thing that turned me off was how you had to buy it, you had to go through something and buy that amount in bitcoin then I think you bought Game Coin with bitcoin or something? But I put $200 in crypto. I bought $100 worth of dogecoin in April of 2000 (or 2021, right before dogecoin went up to like $0.75). I bought it at something like $0.18 then it wasn't long after it had gone up. I usually rather take a small gain than continue to risk, but you had Elon Musk tweeting about "Dogecoin to the moon" and Telsa started accepting it as currency.

The Dallas Mavs started accepting it as well and it seemed like it was becoming a legit form of currency. After all, there were two billionaires hyping it up. Then all of a sudden the shite started gradually going down.. The $100 worth of Bitcoin I owned was going down as well.

I ended up taking what I had in Dogecoin and putting it into Ethereum because it seemed like there were new types of crypto every day and it just didn't make sense and I figured that the market was getting watered down and if any of them survived it would likely be bitcoin and Ethereum. When NFTs became a thing, that's when I started thinking more into all of it and couldn't come up with any sustained value. So when Game coin became a thing, that's when I started thinking "okay, this is getting to be a little too much" especially when reading what all of these coins were suppose to support.

I just didn't understand. So people buy these coins and they were going to support athletics. So that money would come from the money people spend buying the coins? So how would that increase the value? And if the value wasn't at all constant then what happens when a lot of people want to sell when the value goes up significantly? If the money is used to go towards the things it was supposed to, that shite just didn't add up.

But the biggest scam is either Game coin or that Stanford financial group that got caught with their pants down in 2008 doing the great recession.
Posted by Elleshoe
Wade’s World
Member since Jun 2004
143616 posts
Posted on 11/11/22 at 11:06 pm to
Shut the frick up, idiot
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 11/11/22 at 11:07 pm to
quote:


The Dallas Mavs started accepting it as well and it seemed like it was becoming a legit form of currency.


Not surprised you thought doge was going to be a legit form of currency.

idiot
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