In THIS article three days ago I wrote that the rise of Bcash is probably another pump and dump sceme, and now I am sure about it. While the price is rising, more signs of a heavy Bcash marketing campaign are popping up complete with fake accounts shilling for Bcash.
Roger even took the effort to post on Steemit while he was offline for ages (It’s funny, I saw I up voted him 2 years ago while watching his posts, the good old days that he was not harming BTC jet), this shows he is really using all the tools he can get his hands on, he will use Steemit during this pump and after we won’t see him anymore. Happily many Steemians understand this and down voted his post. It went from around 150 SD to just over 40 today.
The pump might go on for a while, but resources to manipulate are limited, when they get out of steam the price will probably tank harder than it rose. Don’t be the last one to get out!
Except Antpool burning Bcash and suspicious CNBC’s buy advice as described HERE, more is happening. Why do events in Bcash always take place at the same time? Coincidence?? LOL
Roger list BCH as Bitcoin on his site
On Roger’s site bitcoincom BCH is now listed as Bitcoin and BTC as Bitcoin Core. This is obviously misinformation to push his own narrative, and will make people buy the wrong coin or lose money because they send BTC to a BCH adres.
I could not say it better
Things he did before on his site were somewhere in a grey area, but this is an outright scam. I don’t like government, so I will not support legal action, but I reported it to Google in the hope they will punish him in his rankings and his misinformation will become less visible. I want to ask everyone to do the same, using THIS link you can report to google within 30 seconds and help to fight this scam. Also, for information go to bitcoin.org instead of bitcoincom, or at least read them both.
It is very easy to report, fill in and hit submit report
Another CNBC post
CNBC posted on Twitter that Bcash has gained 85% while Bitcoin has gained only 11%, so Bcash must be better. Firstly, one week in crypto is nothing and saying that a coin must be better because the price is rising faster is quite dumb (remember Bitconnect, had very strong bull runs).
Secondly, the marketing manager of CNBC is proven to be a Bcash shill and was involved in previous pumps (and dumps) too.
Husband and wife, Gaby works as marketing manager for CNBC and Paul runs the Bitcoin Cash Fund. Coincidence that CNBC made a perfect call and is shilling for Bcash?
Suspicious shill accounts
When you go to the twitter of ROGER VER or CNBC you will see that 99% of the comments are negative and calling them out as scammers when they post about Bcash in the last weeks and months. In the last few days many comments like this show up:
It sounds so fake…..
Do you think this is real? Or do you think they are paid shills or fake accounts? I think the question is not too hard……..
Conclusion:
Be careful with Bcash. Ofcourse you can make money if you ride the pump, but you have to get out before the dump. However, when you make money on these dirty pump and dump scemes you have to realize that there are victims made to realize your profits and that you involve in something that harms the crypto environment overall. Better speak out against these scammers and invest in proper tech that drives on innovation instead of marketing and manipulation!