Got this on email recently. Must be a mistake of some kind.
Hey, everyone!
We as a Wall-St. analytics firm must pursue opportunities to make money for us and our clients whenever possile. One of them is developing rightn now in this crypto-whatever space and it is called STEEM.
The deal is following. Steem has two tokens - SBD and STEEM. It's pretty complicated (I personally didnt catch it... whatever) but SBD should be pegged to 1$ and STEEM platform always thinks it equals 1$. To cut long story short SBD
- has no mechanism to repeg once the peg is broken UP
- dramatically boost value of STEEM as long as it worth more than 1$
- has only 6M tokens outstanding
So here's the plan.
- Buy $50M+ STEEM tokens for roughly 5$ each.
- Load some budget into SBD tokens ($10M I believe will be enough) and pump it way beyond the peg. You know how easily to ingite a pump there in crypto-something space. It will feed on itself quickly.
- Retail crowd enters STEEM tokens en masse as the value of STEEM is rising for them.
- Sell STEEM for $150-200M
WAIT... OH SHI...