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As I always say

"If a product is aggressively marketed or sold, it's likely a scam or of low quality."

My radar has peaked of late when I see people tagging me on Twitter - and they pump things like Radix, Pulse, Hex etc

Let's dig into Radix:

Stories are picked up by Crypto Rags and pumped by FinTwit, Reddit and even crypto influencers.  BEWARE.

Re RADIX - take a look at the CoinMarketCap overview (highly recommended!) and you'll see that this project has undergone several rebrands and restarts since its inception in May 2013. With all the recent hype and pumping, it's hard not to see it as a classic pump and dump scheme. While it's important to beware of emotional investing, it's worth noting that this project lacks solid metrics to justify its massive price increases. Is it a scam? I'm not sure, but the WARNING signs are all there.

In addition, you all know names like HEX, PLS, PulseChain etc are all Richard Heart scams.... Pulse Chain is an ETH hard fork except all the data is missing....

Needless to say they all have HORRENDOUS Crypto Compendium Scores.

If there is no DATA - it is a huge RED FLAG.

Be safe out there team!!!


PS Nope I am not looking into projects with horrendous tokenomics and no adoption


Comments

Anonymous

James is keeping us safe 🤜🏻🤛🏻

Anonymous

When Ivan on tech talks about pulse chain or hex on his Twitter is he trolling?

Anonymous

What? Scam? No, it just can't be! ;) I hate sifting through every word I hear or read.

Anonymous

Thank you! So glad to see this post. I think the space needs to call it these people for who they are. When I saw your comment on Ivan's show about wanting to ask heart some questions I was wondering if it would be about his must impressive accomplishments. The first person to be sued for spam email 😆

rscx

Not for nothing but this is a Coinbase listed token. So it does make me question how diligently they vet tokens.

Anonymous

The usual thing..as you guys saiy in DCA, it is all a scam.. :)))

Anonymous

How anyone can look at Richard Heart, & not think he’s a total con artist is beyond me.

Anonymous

Thanks for watching for us and educating us.

Anonymous

Right?? No kidding I don’t understand how people can think he’s legit… 🤷🏽

Anonymous

Just want to make people aware. Coinbase is not a safe site to keep your crypto. I was hacked into my coinbase. They stole 78k of crypto and cash. They got into my account that has 2 authentication. I think it's an inside job. Bc I had account for years and nothing happened. They are not giving me back 1 penny. Hacker converted everything to btc with over 20 transactions and sent it to his own wallet. My email is not hacked. Coinbase is not taking any responsibility. I would never keep anything on that site again. I have no funds ans no Crypto. They told me to go to local police. Guys be careful. Bc I never gave my information out to anyone. My account was secured for years with two step authorization. Take your money out of there before this happens to you.

Anonymous

It seems like Ivan who is a programmer like radix because its language facilitates programming on the blockchain- how do we reconcile this with it being a scam?

Anonymous

Sorry that happened to you. Thank you for the heads up as well. I’m trying to unstake my Ethereum on Coinbase then I’m getting it off of there asap.

Anonymous

Cant think of a better time to buy shite coins! I mean, I cant think of any time to buy shite coins.

Anonymous

I always worry more (esp in crypto) about those who look 'traditionally/system' credible and say the 'right' things (eg SBF, Maschinsky etc). Heart will never get a dollar of my money, but he is super smart, been in the space forever and amassed a huge zealot following. For those reasons I follow his moves closely and don't discount him. Also, never pick a fight with him - he is vicious 😃

Anonymous

Ivan loves Hex/Pulse Chain too. Gotta admit, a guy that technical being a fan of projects like that does surprise me.

Anonymous

Dunno why Ivan loves Radix

Anonymous

He’s unquestionably smart and I don’t doubt for a second he understands this space more than most & definitely more than me. However con men are always smart. His apparent wealth has come from his zealot like followers, and no, I would never pick a fight with him. I was once stupid enough to call hex a scam on Twitter, and had his Army on my case for a day or two. That was enough for me.

Anonymous

The cryptoverse is like a sewage treatment plant. It's a bunch of crap where the real revenue comes from the DAU's that pay for a few operations and equipment.

Anonymous

Trash is everywhere if one goes looking for it. Lets stay out of those gutters and we’re all good. I have no idea who these devs or projects even are. This is by design. Guess I’m just a boomer. Correction, I know who Dick Heart is. The man has been tromping through the shit heap in his Sketchers for years. Garbo, that man.

Anonymous

As you damn well should, my friend. Ha. You know the deal. We do the vetting. 👍🏼

Anonymous

Rebrands in an already pseudonymous economy. Yeah, I’d say that’s a red flag.

Anonymous

And you're happy to have ''Ivan the scammer'' on your DCA show James?

Anonymous (edited)

Comment edits

2023-04-25 11:19:51 I see a lot of comments about 'scammer' & 'shill' - at the end of the day, you are free to watch or not, invest or not. You obviously don't watch Ivan anymore right? People who go online to talk about projects are following their own path and we should all do the same. There is no such thing as get rich quick.
2023-04-25 07:38:11 I see a lot of comments about 'scammer' & 'shill' - at the end of the day, you are free to watch or not, invest or not. You obviously don't watch Ivan anymore right? People who go online to talk about projects are following their own path and we should all do the same. There is no such thing as get rich quick.

I see a lot of comments about 'scammer' & 'shill' - at the end of the day, you are free to watch or not, invest or not. You obviously don't watch Ivan anymore right? People who go online to talk about projects are following their own path and we should all do the same. There is no such thing as get rich quick.

Anonymous

Unfortunately, Ivan has a long history of his own ''money grab opportunities'' as well as introducing some of the worst people in our industry to his audience who loose so much during each market cycle and he continues with this M.O.!

Anonymous

Richard Heart should be in jail. HEX bots/fans are everywhere and smtimes they are in the IA YT livechat too. Destroy them please.

Anonymous

He is a kid trying to make some bucks to live. I agree that he is too shitcoin shilling, but often on the DCA show he has valuable technical info and perspectives that the other guests don't have. (also because he is young and thinks young, differently than the other guests...)