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re: Electra (ECA) question

Posted on 1/7/18 at 8:54 pm to
Posted by CE Tiger
Metairie
Member since Jan 2008
41894 posts
Posted on 1/7/18 at 8:54 pm to
quote:

AMA


Wanna be my kid’s godfather?
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11254 posts
Posted on 1/7/18 at 9:05 pm to
Sure thing. Just give me some of that sweet link of yours.

Okay AMA is over with zero questions. I don't sit on here all day. So I'm likely to not respond if I left it open.

I advised the telegram to allocate 5% of their crypto portfolio on a risky but interesting coin called ECA. Several other members of the telegram already bought in.

ECA was dirt cheap had an active social media profile, and large community around the coin. ECA had no website. The developers had a note posted that the new site was coming soon.


This checked all the boxes of a big potential gain. So once again. I advised the telegram to allocate 5% of their crypto portfolio on this coin with full expectations it would go to zero.

It didn't, and it took off. I turned $600 into $20k in 5 days. I then strongly advised the group to take 10% profits out or more if they wanted to. That way they were playing with house money. ECA has continued to grow and the growth has crashed exchanges.

Everyone in the group is fully transparent about when they want to exit. I will exit in the 10 cent range.


Not a single person who bought eca a week ago when I made the call has made less than $1000. If they took profits like I also advised they are 100% playing with house money.

This coin is not the next Bitcoin. It will be a miracle for it to break $1. But I am the one who got the entire group on board and there is no pump and dump. We all still have the bulk of our coins and are fully transparent about when our exit points are.

Any other narrative around this is total bullshite. It's also ignorant to think our group just pumped a coin from a $20 million market cap to a $157 million market cap.

To answer the original question. The coin being listed at several hundred dollars a ways back is an error on coinmarketcaps reporting. It's common for small coins like this with shitty exchanges.

This post was edited on 1/7/18 at 10:13 pm
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82154 posts
Posted on 1/7/18 at 10:05 pm to
quote:

Chicken needs to get ahold of this quickly. People are abusing the system to further their own financial gains after conspiring on another medium to defraud people on this message board.

No different than someone shilling a penny stock on here, which happens frequently. How many people lost their asses on LNGLF?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82154 posts
Posted on 1/7/18 at 10:08 pm to
quote:

They like to Spam ECA and take advantage of the noobies that enters the telegram.

A few dozen nooobies buying 50,000-200,000 ECA in the telegram isn't moving the needle
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82154 posts
Posted on 1/7/18 at 10:11 pm to
To answer OPs question- I think this is an example of the ultimate speculation trade of crypto. This is the definition of insanely high risk. Not much is known about the coin other than its lightening fast transfers. A large number of TD posters are in on the coin, and partnered up with another whale group (allegedly) that controls a large portion of the circulating coin supply. Both these groups are working together to hold and get this coin to $1. Pump and dump? Maybe, but it is more of a long term hold for the groups.

We will have a lot more info when the white paper comes out

With that said, a small dollar amount got me a large amount of coins so I am in for the ride knowing very well that odds of failure are REALLLLLY high
This post was edited on 1/7/18 at 10:12 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 1/7/18 at 11:16 pm to
quote:

Which is why some of the crypto posts here need to be gotten under control. It really seems like this board was being used in an attempted pump and dump.



Nothing of what you are insinuating has happened. No one in the telegram is using anyone else for a pump and dump. There isnt some grand scheme in place to rip people off.

If there was something like that, I would ban the users from the group.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18397 posts
Posted on 1/7/18 at 11:32 pm to
quote:

Yea we got in early and bought up a big percentage


The damn TD telegram app group isn’t moving the needle on any crypto. My goodness people get a grip
Posted by jeffsdad
Member since Mar 2007
24455 posts
Posted on 1/8/18 at 7:12 am to
Man, if TD had to pay rent for the space the telegram group has in their brains the telegram group wouldn't need to invest in anything.
Posted by Chicken
Jackassistan
Member since Aug 2003
27363 posts
Posted on 1/8/18 at 7:21 am to
We don’t allow people to promote penny stocks...why is this different? And we don’t allow people to post referral links for their own gain. That was going on in a thread.

I am still figuring out what is going on but something needs to change.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18397 posts
Posted on 1/8/18 at 7:36 am to
With all do respect Chicken, you could have stated that in the big thread you whacked or pinned a message or something. Also couldve stated to keep all crypto discussion in that thread only. Really destroyed morale and furthered dissension by whacking the longest standing crypto thread we have, in my opinion.

Looks like you are moving toward banning crypto talk outright though.
This post was edited on 1/8/18 at 7:43 am
Posted by Chicken
Jackassistan
Member since Aug 2003
27363 posts
Posted on 1/8/18 at 7:43 am to
I can easily bring a thread back.
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11254 posts
Posted on 1/8/18 at 7:43 am to
There were also many helpful resources, that help newbies a ton in the Crypto space. I agree referral links should be eliminated. But you took a rash action, based on the word of somebody who only has 3rd hand/hearsay/rumor knowledge of what was happening. None of which was true if you see my post above.

An alternative board should be created and proper guidelines should be laid out. Not knee jerk reactions based on conspiracy theories from people who LITERALLY don't know what was going on.
This post was edited on 1/8/18 at 7:51 am
Posted by bee Rye
New orleans
Member since Jan 2006
34505 posts
Posted on 1/8/18 at 7:45 am to
quote:

It was just admitted to being a pump and dump attempt in the other thread
who said that?

The LSU guys who hold ECA knew its value the moment that they transferred some that it is a coin that will have some value. The transfer speed is incredible, their algorithm is next level, and they are working on creating a coinbase style App that would allow fiat trading with the big 3 and ECA.

We all hold a lot of it, and we are all planning to hold. We are invested in this not just with our money, but also with our time, We have had communication with the developers, and we are assisting in the marketing of the coin. In short, we believe in this, and any accusations of a pump and dump or us being fraudulent towards other people are flat out baseless.
Posted by bee Rye
New orleans
Member since Jan 2006
34505 posts
Posted on 1/8/18 at 7:50 am to
quote:

Chicken
when I started in crypto in June, the mega thread was invaluable. The LSU crypto guys are a solid group who has repeatedly helped new people understand the processes involved in order to make a transition into that space. The claims you are seeing now about people being nefarious are coming from the same people who have been hating on crypto from the beginning. TD has been a valuable resource, and should continue to be for the benefit of other tigerdroppings posters. We are all in this to make money together, and none of us would ever consider doing something to hurt new people into the space. WE are in this together, not against each other
Posted by tduecen
Member since Nov 2006
161246 posts
Posted on 1/8/18 at 7:50 am to
I did, although I didn't mean it in the context it eventually became. I made the comment that people were not in for the long holds on ECA originally but as we learned about it we thought it had a chance to be more.
Posted by bee Rye
New orleans
Member since Jan 2006
34505 posts
Posted on 1/8/18 at 7:52 am to
quote:

I made the comment that people were not in for the long holds on ECA originally but as we learned about it we thought it had a chance to be more.
and everyone has been pretty damn transparent about where their intentions and exit points are
This post was edited on 1/8/18 at 8:01 am
Posted by Codythetiger
Arkansas
Member since Nov 2006
30350 posts
Posted on 1/8/18 at 8:06 am to
It's an internet message board - I wouldn't think you OG'ers who have been on the site for years would go out of your way to defraud people.

I'm holding ECA - but I'll be honest, I didn't know anything about a pump and dump and I've been pretty heavy on the board for a month.

If any of the claims in here are true that people are on other mediums taking advantage of this board.. then shame on you guys.

I will just take my profits and dip.
Posted by stout
Porte du Lafitte
Member since Sep 2006
181054 posts
Posted on 1/8/18 at 8:14 am to
quote:

I did, although I didn't mean it in the context it eventually became. I made the comment that people were not in for the long holds on ECA originally but as we learned about it we thought it had a chance to be more.





That's not how you framed what you said at all

I said...

quote:

That's an issue. It really looks like an attempted pump and dump using this board as part of it.


...and your word for word response was...

quote:

It was, everyone was transparent about that

No one said at it was a long term hold when it started. Now you have people saying they will hold longer if the developmental team hits their goals.


So you were directly saying to me the board was being used in a pump and dump.
Posted by Chicken
Jackassistan
Member since Aug 2003
27363 posts
Posted on 1/8/18 at 8:14 am to
So what is the point of the telegram group?
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 1/8/18 at 8:20 am to
quote:

So you were directly saying to me the board was being used in a pump and dump.


There simply aren’t enough people here to pump a coin to any degree

Donnie you are like a child who has just wandered into a conversation.

Plus you admitted you have never been on Telegram.

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