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re: Game Coin… Biggest BR scam ever?

Posted on 11/12/22 at 7:17 am to
Posted by nicholastiger
Member since Jan 2004
43266 posts
Posted on 11/12/22 at 7:17 am to
It is gambling play at your own risk and moscona has that disclaimer on his show

Theriot involved too
I was skeptical when I saw all the lsu jerseys Blocked out

Is hudco quality roof
This post was edited on 11/12/22 at 7:44 am
Posted by Solo Cam
Member since Sep 2015
32705 posts
Posted on 11/12/22 at 7:51 am to
Whatever you guys want. I didn't invest so I don't have a great "gotcha" question but I'm sure someone does.

I'll throw $10 bucks to make him stutter and whine like a bitch
Posted by Clark W Griswold
THE USA
Member since Sep 2012
10512 posts
Posted on 11/12/22 at 8:24 am to
Did you roofer have the same initials for his first and last name?
Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 11/12/22 at 8:27 am to
quote:

Game Coin… Biggest BR scam ever?

Posted by Marco Esquandolas
Member since Jul 2013
11433 posts
Posted on 11/12/22 at 10:00 am to
quote:

Can anyone who bought in seriously make an argument for thinking a Baton Rouge crypto revolving around athletes invented by someone with no experience in the industry would be a good investment? Seriously, you’re a frikin idiot if you thought so.




^^^
The first time I’ve ever upvoted a SixthAndBarone post!!
Posted by logjamming
Member since Feb 2014
7841 posts
Posted on 11/12/22 at 10:06 am to
quote:

It is gambling play at your own risk and moscona has that disclaimer on his show


Huh? He represents himself as a board member and constantly pumps it as Baton Rouge’s version of Dell.

After talking about how the platform is incredible, in the hands of developers “out west,” and you should “buy the dip,” he MIGHT say “I’m not giving you investing advice. This is just what I’m doing.”
This post was edited on 11/12/22 at 10:09 am
Posted by BilJ
Member since Sep 2003
158802 posts
Posted on 11/12/22 at 10:47 am to
When you’re going as far to have bar room meetings with people to “teach them about crypto” you’ve gone above a guy just gambling
Posted by BilJ
Member since Sep 2003
158802 posts
Posted on 11/12/22 at 10:51 am to
“Hi Matt I used all of my remaining gamecoin to pay for this super comment, the other $9.99 I paid with cash”
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/12/22 at 10:59 am to
Hopefully, I remember to come back later, bc I've never agreed with one of our members until this thread.

Posted by Solo Cam
Member since Sep 2015
32705 posts
Posted on 11/12/22 at 11:18 am to
Ight that's #1 so far
Posted by beauchristopher
new orleans
Member since Jan 2008
66371 posts
Posted on 11/12/22 at 11:34 am to
I got pretty tired of hearing Moscona pump Game Coin. It's his show, but thankfully he seems to have stopped.
Posted by Ed Osteen
Member since Oct 2007
57535 posts
Posted on 11/12/22 at 11:39 am to
quote:

It's his show, but thankfully he seems to have stopped.


Because it was a scam
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 11/12/22 at 11:43 am to
It's hard to tout something that's worthless and everyone lost their arse
Posted by SixthAndBarone
Member since Jan 2019
8346 posts
Posted on 11/12/22 at 11:49 am to
quote:

The first time I’ve ever upvoted a SixthAndBarone post!!


Thanks, bro.
Posted by Bubb
Member since Mar 2010
3930 posts
Posted on 11/12/22 at 12:25 pm to
My question is where did the $40million+ go?
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
108795 posts
Posted on 11/12/22 at 12:35 pm to
quote:

where did the $40million+ go?


Matt Moscona and pals
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/12/22 at 12:50 pm to
quote:

My question is where did the $40million+ go?


quote:

Matt Moscona and pals


Experienced crypto traders got a chunk.

Athlete ambassadors got a chunk.

Saratech got a chunk.

Other crypto projects got a chunk.

Over $100m was siphoned out of south louisiana and texas.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30648 posts
Posted on 11/12/22 at 1:18 pm to
quote:

that was mostly the scam, crypto was running hot in the news and they sold people around here that didn't understand it on getting in on the next bitcoin, used local celebs and athletes to really push it. fricking scona was hosting town hall type meetings to explain crypto to people, despite him and the GC guys themselves having a very elementary knowledge of it.

It was a well orchestrated Ponzi scheme - people that appeared to be affluent and having an audience in the BR area just pumped it for others to buy, generating massive profits to them and leaving the bag with the late adopters
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57449 posts
Posted on 11/12/22 at 1:38 pm to
Who is really scammed by alt-coins?

A person has to know there is a high possibility you will lose ALL your money in alt-coins

They are very high risk/high reward

And 99% are scams
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30648 posts
Posted on 11/12/22 at 1:44 pm to
quote:

A person has to know there is a high possibility you will lose ALL your money in alt-coins

I knew this, but I do my research. I’d bet most people that “invested” in GameCoin had never put any money in crypto before, and likely had done very little investing at all. These were people putting their money in on good faith from the people selling them the Ponzi scheme, so they had no idea what to do with it, and likely most lost everything
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