The Newest Crypto Coin Scam To Hit The Internet

in #cryptocurrency6 years ago

Hello fellow STEAMIANS, i want to introduce you to the newest crypto currency scam to hit the internet and STEEM as well.
DIY TUBE COINS. DIY TUBE COINS are being offered by one TROY W REID , 4489 Pine Road, Lewiston, Michigan. also known as @thediyworld here on STEEMIT. The offering of these coins has not been submitted to or approved by the FEDERAL TRADE COMMISSION , as a legal offering for trade or investment , and as such has NO VALUE WHAT SO EVER .
@thediyworld is offering this so called crypto currency knowing full well that the only intrinsic value it has is in his mind .
Please do not fall for this CRYTO CURRENCY offering in any way shape or form , it is a scam , one of many and the newest scam in this decietful conning persons repertoire. He has admitted that his failing YOU TUBE channel cannot pay his bills ,as such he claims to have created the next best thing since you tube DIY TUBE VIDEO, which is not paying any of his bills also, ,. that his scandalous cryto mining proposition he has out there on the DARK WEB also cannot pay his bills . Hence he has created DIY TUBE COIN and is offering them as payment for people to come to his video site and upload their videos and recieve payment with this worthless made up and imagined in his head crypto coin . THIS CRYPTO COIN OFFERING HAS NOT BEEN SUBMITTED FOR REVIEW AND IS NOT REGISTERED WITH THE FTC .

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Hello everyone - This is Troy from The Do It Yourself World

I am the marketing manager of DIY Tube Video Community

This is NOT a security so there is no need for federal submission

Jessie Scott is one of the top trolls on YouTube who harasses people

DIY Tube Video Community is a legitimate business and growing daily

DIY Tube Community was built first. The the coin was introduced

The coin will have legitimate value when fully integrated on the site

The coin will be used to pay people for interaction in the community

And the coin will be able to be spent back in the community

This offers real world value

Thank you

For more information: http://www.diytube.video

http://www.diytubecoin.com

DIY Tube Coin pre-sale going on from now until May 1. Buy now at 50% off at only $0.05 each and watch your investment double in a few weeks when the coin is fully integrated with DIY Tube Video Community.

At that time DIYT will be valued at $0.10 each.

For more information see http://www.diytubecoin.com

Please tell everyone how this coin of yours is backed financially . WHO IS FUNDING THIS COIN OFFERING ?? You openly state that You Tube videos do not pay your bills and your etherium mining is not providing enough income either to meet house hold expenses . So who is backing this scam offering ? Any Alt coin is required to be registered with the FTC Federal Trade Commission for use as currency . Have you registered this sham coin ? Show everyone that your proposed money making coin is on the up and up and "ALL LEGAL LIKE " as you like to say . Is your LLC backing this so called "ALT COIN" ?? It seems very suspicious to me that you claimed to only "create" 250,000 of these coins EVER, now that number has risen to 1,250,000 coins . You are offering these so called Alt Coins at a sale price of $0.05 usd each yet when you do the math of what ethereum is currently valued at then 1,250,000 of your fake coins = 0.001 ethereum which is $0.37 USD, so their real value is
$0.000000296...
But you are trying to scam people into paying you $0.05 each for them which is a markup (aka ripoff) of 168918.9189189189%...
Nice little scam you got going there....

Unless you have factual evidence to back your claims, what you are doing is criminal and you may find yourself on the wrong side of a lawsuit.

I am only the marketing manager of DIY Tube Videos now.

You are messing with someone else now and you may just want to reconsider your actions.

Other than that, I do not owe a troll any explanations at all.

Here is some "factual evidence" of one of your longest scams Troy @thediyworld.

image.png

image.png

Look familiar??
Both screen shots are from YOUR recent video taken from this blog.

The solar panels are NOT connected!

"You are messing with someone else now and you may just want to reconsider your actions."

ARE YOU MAKING THREATS?

What a way to speak to a possible investor with questions that you fail to answer. You are RAT BASTARD SCAMMER so go slide back under your rock effin crook and cockroach. STOP SCAMMING by working and supporting yourself LAZY BASTARD.

I am not addressing or referencing in any way shape or form, on, in , or about ,anyone in this matter but you ............TROY W. REID .

I am though :) @jessiescott @thediyworld

I hereby officially claim and state for all to hear and know that I Ryan H. Lipinski of East Brady PA and of sound mind and body declare that anyone and everyone involved with this DIY Tube site and the crypto currency coin called DIY Tube Coin or any other faction of such is a fraud and scam artist or affilliated to such and therefor guilty by association. I come to this conclusion based on the information provided and/or withheld by Troy Reid known here as @thediyworld. I believe within reasonable doubt that this DIY Tube site and its associated crypto currency is a scam and I have not been presented with any evidence to the contrary. I have read and understand the DIY Tube documents presented to the public and by my own observance have come to the conclusion that it fits the SEC's definition of a scam or further more a Ponzi Scheme. I personally suggest that no one gets involved with the DIY Tube site or its associated crypto coin DIY Tube coin or its creators. For further information about my view on this matter or for legal allegations of my claim you may contact me at any of my social media points listed below. Upon private request by legal representation with proper credentials my private email, phone, and official address shall be given. Note any and ALL contact with me shall be subject to public showing on ALL of my social media platforms. At no time will I give permission however for my personal and private contact information to be given out by any source although I shall reserve the right to publish any contact information provided by those who contact me.

The following are links to my social media sites where I can be contacted for further discussion of this matter:

Steemit: https://steemit.com/@fixedbydoc
WordPress: https://fixedbydoc.com
Twitter: https://twitter.com/FixedByDoc
YouTube: https://www.youtube.com/channel/UCZcw-7xex-c8c-swiJZuTIg

just a minute here jesse. the other clown is pushing this scam and he wont even introduce himself nor will reid reveal his name to potential investers. no matter anyway. reid will sing like a canary who this guys id is when the feds pay reid a visit. and we thought he was scared when the cops showed up at pine bush when he was hiding in the shack.

thats just it troy we do have evidence to back us up...

yes you do you cocksucker. you said theyd get paid to upload vids to the diyt. half in fact. then you said youd pay in coin. etherium i believe. now its worthless tokens that have absolutely no trading value on your site your supposed to be paying your uploaders in the first place. before you steal their content after a few days and it becomes your property. i analigize your scam to promising to use lube for the assfucking theyre about to get and then you fuck em dry so that it hurts. you may fuck over the wrong person some day and end up dead or in for a very long hospital stay the way you operate reid.

lets not forget the mining scam he started promising fabulous profits. just send him 700$ video cards,comps and other hardware and just plain cash and hed do it for you. first you got half from yur card,then it was the electric deducted,then his labor. turns out reid lied again to his investers.

So who ponYed up $125,000 to back 1,250,000 coins at $.10? More is needed to cover admin trading costs.

so troy reid @thediyworld why does your diy tube relate so easily to a ponzi scheme?

sec.jpg

People, please take note of this person's reputation and judge for yourself.

Thank you.

Troy
Marketing Manager of DIY Tube Video Community

Reported to Linkedin as a fake company...Longtime user and active member of Linkedin...they (we) don't tolerate BS artists there...

beiing that you troy reid @thediyworld invented the diy tube site i guess you can give yourself any title you wish huh... in reality what matters is the title is worthless and your employment comes with zero benefits like insurance or actual income worth supporting your family with...

i feel jessie scotts rank is so low because you @thediyworld have seen to it just because he reports the truth about you being a fraud.

YES please check my reputation against TROY REIDS ........ GOOGLE SEARCH MY NAME AND SEE FOR YOURSELVES . TROY .......1,250,000 of your fake coins = 0.001 ethereum which is $0.37 USD, so their real value is
$0.000000296...
But you are trying to scam people into paying you $0.05 each for them which is a markup (aka ripoff) of 168918.9189189189%...
Nice little scam you got going there....

So who ponyed up $125,000 to back 1,250,000 coins at $.10? More is needed to cover admin trading costs.

Excellent resource link!!! This resource says in a nutshell what I (and others) have been warning about this DIYT coin scheme...it is basically fraudulent...expecting unwary individuals to purchase "tokens" @ $.05 USD that are truly worth a miniscule value (roughly $00.000000296) and promising a doubling of that worth to $.10 USD within a month??

A few days ago I asked Mr. Reid how he came to the value of the coin he is pushing. He responded calling me troll. It is clear this person is hiding and unwilling to be upfront. I hope nobody falls for his scam.

Sounds dodgy to me!

Mined only by him, price set by him, distribution controlled by him? How is it even a crypto-currency if there is no distributed validation? Surely it needs its own blockchain?

Nice words from a troll. It is not mined. It was minted. The coin was minted for use on the DIY Tube Video Community site so it has a legitimate use.

You obviously have no knowledge of what you are talking about since this is based on an ERC20 contract.

@thediyworld if the diy coin is minted as you claim then it must be financially back... so by law it must be reported and posted for all to see who that financial backer is... by not doing so you fall suspect to being a ponzi scheme or other likewise scam according to the SEC... please troy reid inform us trolls who your backer is or you are breaking the law by not doing so... know i and others have reported you to the SEC...

IF YOU DO NOT OBEY THE LORD , YOUR GOD ,AND DO NOT CAREFULLY FOLLOW ALL HIS COMMANDS AND DECREES, YOU WILL BE CURSED IN THE CITY AND CURSED IN THE COUNTRY . THE FRUIT OF YOUR WOMB WILL BE CURSED . THE CROPS OF YOUR LAND , THE CALVES OF YOUR HERDS , THE LAMBS OF YOUR FLOCKS .YOU WILL BE CURSED WHEN YOU COME IN , AND CURSED WHEN YOU GO OUT . THE LORD WILL SEND ON YOU CURSES, CONFUSION , AND REBUKE EVERYTHING YOU PUT YOUR HAND TO, UNTIL YOU ARE DESTROYED AND COME TO SUDDEN RUIN , BECAUSE OF THE EVIL YOU HAVE DONE IN FORSAKING HIM

Yes it does need to be in the block chain , yet the only attempt to put it any type of block chain is @thediyworld posting his scam attempts mentioning it is here on STEEM .

excellent post. resteemed and upvoted... we need to spread the word and stop these scams...

Thank you Mr. Scott, I shall avoid this reprehensible individual and his scams.

I am only atempting to bring this to light so good people will not be duped by scandalous actions

Isn't this the same person that wants you to send him your computer cards to do crypto-mining......
then he takes out your share of his electric bill Before you get paid according to HIS accounting??

No proof of how much money was mined each month.
No proof of how much fees you owe him.
No proof of how much his electric bill is exclusive to the mining rigs, and your share.
Bottom line, you could owe Reid money every month.

Kinda like when he tried to sell land he didn't own in NY for $200,000 last year!

Interesting your words. Do you have hardcore evidence to back your claims?

Because if not, you are guilty of criminal charges by spreading fraudulent information.

The people in these contracts get detailed records each time there is a payout.

You, of course, cannot have any idea though so your words are simply criminal attacks on a legitimate business.

@thediyworld yes we have evidence of our claims as you yourself said so in your very own video... dont worry about deleting the evidence because we made copies...

Plenty of evidence against you Trog. You have no credentials, degrees or skills in anything. You teach electronics, solar, construction, gardening and are clearly a HUGE LYING SCAMMING FRAUD. You refuse to get a job and work for you own support. You are NOT ENTITLED TO SCAM OTHERS of hard earned money, you piece o shit.

if thats the case then post a copy of the mining accounting minus the names of your investers in that venture on a per mo. basis to show us youre on the up and up reid. show youre trustworthy with other peoples money.

Your entire website is illegal and running with pirated software that you did not author cause you don't have the knowledge or expertise. You also are not paying ClipBucket for use of their software in a business. This is a big no-no so enjoy your fines Mr. legitimate business, LYING THIEVING SCAMMING FRAUD.

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