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On Sunday, June 17, 2019 at 6:02 PM PDT, the “DFINITY Announcement” channel on Telegram was compromised, and actively attempting to scam our community. Thankfully, members of our community can instantly spot fraudulent messages and/or fake accounts impersonating DFINITY employees. Please continue to spread awareness and alert the broader community that “DFINITY is NOT selling tokens OR requesting people send crypto or money”. Meanwhile, we are actively working with Telegram Support and Law Enforcement to resolve the issue. ACTION: The “DFINITY Announcement” channel on Telegram is now an UNOFFICIAL channel — please unsubscribe and report.
They have a business that generates revenue. They have real cash flow. You have to take into consideration that some of the funds goes into R&D, subsidies for rides etc. Similar case as in Amazon, they were unprofitable for years but had real cash flow. That's the difference between these companies and crypto projects.
I'm not complaining but educating people that valuation matters. People here think it will do the same as cosmos. Algo investors said the same thing. They believed in a fictional 25m circulating supply while I told them that the team is valuing the project at $24 billion and riping off investors. Now they are crying in the chat lol. UBER seed didn't get anything for a decade. Plus, uber had a real business with paying customers with billions of revenue each year. Let that sink in. These crypto projects have zero revenue.
?. Sophisticated investors lol. They will dump for 200x. There is nothing sophisticated about taking profits. To make 200x in the equities market within 3 years is almost impossible. They will take profits
Cosmos raised 17m and the market gave it that high valuation. It's different from the team giving the project that valuation. Dfinity is giving seed 200x out the gate. The market isn't giving seed that price. Two different things.
well you are proving my point cosmos did 60x+ yet it's maintaining price. Hashgraph and Dfinity are high caps already, not much incentive to sell, let alone a 60x like cosmos, highly unlikely people will start dumping for low ROI, esp since they were sold to sophistacated investors
Lol. Look at what happened to Algo, it's damping to below $1. High capped coins will dump on the market. Harshgraph and Dfinity won't be different. I warned several investors against these high cap coins but they went into algo auction buying at $2.4 When seed investors paid $0.05. Now they are crying in the chat. They lost a lot of money.
It is compromised, a false announcement was made about an extra investment round due to someone who pulled back its support, this is false and brought in by an uknown entity not recognized and not part of the dfinity team
On Sunday, June 17, 2019 at 6:02 PM PDT, the “DFINITY Announcement” channel on Telegram was compromised, and actively attempting to scam our community. Thankfully, members of our community can instantly spot fraudulent messages and/or fake accounts impersonating DFINITY employees. Please continue to spread awareness and alert the broader community that “DFINITY is NOT selling tokens OR requesting people send crypto or money”. Meanwhile, we are actively working with Telegram Support and Law Enforcement to resolve the issue. ACTION: The “DFINITY Announcement” channel on Telegram is now an UNOFFICIAL channel — please unsubscribe and report.
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