02-22-2021, 07:39 AM
A fair warning about the BitBoy Crypto - Youtube Channel
<!-- SC_OFF --><div class="md"><p>The channel "BitBoy Crypto" is currently one of the biggest channels about Crypto on YouTube and although it has some informative videos on CryptoCurrency the channel seems to be causing many "Pump and Dumps" in a suspicious manner.</p> <p>Let me use the latest video on "Phantasma" as an example.</p> <p>The marketcap of Phantasma doubled during 24 hours before the BitBoy Cryptos release of the video shilling the Phantasma project; from 38 million to almost 80 million (SOUL-token went from 0.3USD to 0.6USD in 24 hours).</p> <p>Then the video gets released and a couple of minutes afterwards the price of the Phantasma-Token (SOUL) starts to dump in price, from 0.63USD down to 0.4USD in 1 hour.</p> <p>I am not accusing anyone of anything but this is kind of ridiculous; this behavior is as discrete as an elephant trying to hide behind a bamboo-branch.</p> <p>I just wanted to make this post to employ everyone out there to use caution and be skeptical when someone is shilling a coin. For veterans this is obviously clear as day; but since that particular YouTube-channel is attracting so many new investors (Because of the YouTube Algorithm) those investors will be lead into making poor choices by buying coins at an inflated price.</p> <p>Stay safe out there everyone.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/whatsuppaa"> /u/whatsuppaa </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lpcy40/a_fair_warning_about_the_bitboy_crypto_youtube/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lpcy40/a_fair_warning_about_the_bitboy_crypto_youtube/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The channel "BitBoy Crypto" is currently one of the biggest channels about Crypto on YouTube and although it has some informative videos on CryptoCurrency the channel seems to be causing many "Pump and Dumps" in a suspicious manner.</p> <p>Let me use the latest video on "Phantasma" as an example.</p> <p>The marketcap of Phantasma doubled during 24 hours before the BitBoy Cryptos release of the video shilling the Phantasma project; from 38 million to almost 80 million (SOUL-token went from 0.3USD to 0.6USD in 24 hours).</p> <p>Then the video gets released and a couple of minutes afterwards the price of the Phantasma-Token (SOUL) starts to dump in price, from 0.63USD down to 0.4USD in 1 hour.</p> <p>I am not accusing anyone of anything but this is kind of ridiculous; this behavior is as discrete as an elephant trying to hide behind a bamboo-branch.</p> <p>I just wanted to make this post to employ everyone out there to use caution and be skeptical when someone is shilling a coin. For veterans this is obviously clear as day; but since that particular YouTube-channel is attracting so many new investors (Because of the YouTube Algorithm) those investors will be lead into making poor choices by buying coins at an inflated price.</p> <p>Stay safe out there everyone.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/whatsuppaa"> /u/whatsuppaa </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lpcy40/a_fair_warning_about_the_bitboy_crypto_youtube/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lpcy40/a_fair_warning_about_the_bitboy_crypto_youtube/">[comments]</a></span>Kind Regards R