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CoinFLEX Restarts Withdrawals With 10% Limit

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by COINS NEWS 146 Views

People can't 'riot' over this, because BCH and SmartBCH forum admins are banning anyone who questions it effectively, particularly Roger Ver's involvement in it due to allegedly making bad bets without supplying collateral as promised, leaving CoinFLEX and the BCH community on the hook for his coin gambling debts. Meanwhile the BCHers left holding Roger's bags have been proposing a series of extremely stupid recovery plans -- I mean, really frakkin' brain-dead plans -- for rescuing 'SmartBCH' which had its backing locked into CoinFLEX's centralised bridge. Each of these plans so far has involved turning 'SmartBCH' into either a recovery scam (random dude saying 'give me money to get your money back') or a full-on Ponzi scheme.

I proposed a plan that would have rebacked the orphaned sBCH more slowly, using formerly burnt fees that would otherwise have gone nowhere, instead of trying to reward new investors for bailing out the old ones. But BCHers and SmartBCHers were completely uninterested in that genuinely honourable rescue plan, and in fact threatened me with a banhammer, instead. Only Ponzi-like recovery schemes for 'SmartBCH' need apply! What a farce. Never go full Ponzi. With these authoritarian, scam-pushing bozo bagholders in the driver's seat, 'SmartBCH' seems likely to commit seppuku, and thanks to its meretricious 'BCH' branding, it is going to take the business community's interest in BCH right along with it, straight into the grave.

So it's a sad day for the BCH community, which looks about ready to implode (again!), due to desperate, ponzi-peddling social manipulation perpetrated by devs and community moderators who are also carrying water for Roger Ver to protect him from community criticism of his widely reported involvement in a rug pull. The short-to-mid-term prognosis for BCH could not possibly look worse.


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