ADSactly #3 Trash Investments

in #adsactly8 years ago

ADSactly #3 Trash Investments

Part 1
Part 2

Let's look at what ADSactly suggests its 'members' to invest in.

Article #15 encourages their members to purchase a number of tokens. These are all OpenLedger tokens, including ICOO, OBITS and BTSR.

If you search coinmarketcap's social media links for ICOO or OBITS, they all lead to a single reddit sub. This sub is heavily spam posted by a single user. The user appears to spam post on Steemit as well.

The sub for Openledger has a post about Investy. It's shill follows the same model as all the other coins promoted by ADSactly: hand over your bitcoin. But the phrases used are always ‘decentralization’ and ‘empowering the individual’. In effect, ADSactly promotes its ‘members’ buying ‘decentralized' XYZ coins that appear sketch at best.

Regarding Investy in particular, this stuck out to me.

“The revenue created from the Investy platform will be formed from subscription fees for services and commissions. Token holders will receive reduced commissions: the more Investy tokens are in a wallet, the lower the commission is.”

Of course, the tokens themselves will be worth far less than the coins handed over. It taunts itself as some master crypto investment service, but in reality it’s a “give us your BTC and ETH and trust us.” “Be a part of the ‘network’.”
Network of who? Of people getting duped and handing over their crypto.

Perhaps the worst of the bunch are OBITS tokens.

“OBITS is therefore a way of empowering the average user to profit from the markets without a comprehensive background either in trading strategies or blockchain technology.”

Let's look at how OBITS empowers that 'average user'. This forum is all about how OBITS didn’t pay people, and should be considered a scam.

Here we see OBITS paying people to bot on forums and reddits to shill the coin.

This is how OBTIS does its marketing. People are paid to write posts that suck OBITS’ dick. And in that forum, there’s complaints that OBTIS can’t even pay the writers properly.

So what is Obits? It’s an exchange where you give them BTC or ETH and they give you OBITS coins. The exchange owners are purported to “profit from the wild swings in prices of the digital currency market”.

What this means is they take your money and gamble with it, and then you hope they’ll pay you back. Apparently, though, they don't.

The website lists a number of different fees, which I guess is the owner’s way to ensure profits. OBITS are just chucky-cheese tokens. If the gamble fails, which it can and will, you’re shit out of luck and left with OBITS after paying up your BTC and ETH.

But I guess the website has enough ‘decentralized’ buzzwords for ADSactly to get a proper hardon about.

BTSR was also promoted in the article. This coin is now dead and burned off OpenLedger.

So there's your grand investment advice, people.

BITSHARES

ADSactly heavily shills bitshares. Why do they like this particular coin the most?

Answer? Follow the money.

All of Adsactly crypto units are paired against Bitshares. Without the success of BTS, ADSactly AXU shit-coins have no viable way of surviving. So of course, Adsactly shills BTS. Don't worry. I'll go into these ADSactly shit coins soon enough.

Hey. I hope you found this article informative. All articles on my ADSactly TRASH series will be listed as unpaid. This is because I expect to get flagged by these losers for the content written here. My interest is truth, and I genuinely believe this group is shady, and at best, a Ponzi scheme. If you enjoyed this article or agree with me, comment, share and spread the word. We should get these assholes off the platform. I'm not interested in hurting authors who genuinely put effort into their work. I am interested in pointed out what I believe is a Ponzi scheme, operating openly here on Steemit.
Steemit can be great. First, we need to guillotine.

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These are libel accusations bearing no relevance. We are not an investment fund, organization or a corporation. We are a society that has no investments except on personal level, so Ponzi scheme is impossible.

Ponzi schemes operate through investments on a personal level.

¡Saludos! ¿Como estas? Resteemed tu post, gracias por la informacion,felicitaciones a los ganadores, excelente concurso, cariños y besos.

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