RE: Response to @transisto's Open Letter

Look I don't know everything they do, but I do know that Rancho is a Developer Level Investor in Steemit inc. I also know that if Haejin is basically ousted by these attacks, there's a very real possibility that a very large investor follows him out the door. Or who knows, I really don't know the guy, maybe he will double down on the SP to counter the actions taken as of late. Either way, doesn't seem good for Steemit in my opinion.

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thabiggdogg (56) 7 years ago

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h00pla85 (-2)(1) 7 years ago (edited)

because it is a scam and cheats the system.

His success rate is no where near what he claims it is, and with the influx of new people into the market in December/January, anyone listening to his TA would be down huge. There was a poster on here that started going through his posts and tracking his success rate this year and it was at -70% at the time.

What kills me is in January when he was preaching everything was fine and all these coins would moon there were dozens of people like myself saying that the market was in a downturn. It was only when it was too late that now he has started to change his tune and stop suggesting ATH and showing more corrections. Yet the people that disagreed with him (and ended up being correct) were flagged to death and insulted yet he made 10's of thousands posting brutal TA. How does that make sense?

It is like people see how much money he is making off this site and how many people are following him so they think he must know what he is talking about. Yet even with 3 updates a day and dozens of alt counts he still gets it wrong. Just because a lot of people follow him it doesn't mean it is good content.

And the earnings are from the same people that upvote before the content can even be viewed in its entirety (ie 20 min video and he is upvoted 2 minutes after posting). How is that not sketchy as hell? And then anyone disagreeing with him instantly gets flagged by the same people. And people wonder why others on this platform and pissed he is raping the reward pool, really?

You have people that document an entire trip, engage with people back and forth helping them plan there own trip, spending hours in discussions back and forth, earning a $2 for their efforts.

And here is Haejin, suggesting Bitconnect (a known scam) earning $350, but couldn't be bothered to spend 5 minutes to do basic research that could have prevented his viewers from losing 95% of their investment. What about RAIN, BERN, and countless other shitcoins that are down huge.

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