Doug and matt colletta (upswing founder) have previously shilled scams
Posted Jul 23, 2022, 3:54 PM UTC
811
Lol can we stop bitching about polk. Y'all are quite fankly stupid if you're falling for obvious pump and dump schemes and using an unrelated broker who is promising you unsustainable returns. Stop being stupid and this is a non issue...
6
What does Matt Colletta have anything to do with this? A retweet is classified as shilling a scam, really? This stuff is reaching the point of defamation on this sub. Ridiculous
2
So tell me in your own words, which cryptos you think are not scams?
Crypto is crypto. You are paying for nothing in most instances.
And often enough, where there is something behind it, it doesn't fair as well, because less money is spent on marketing and more goes into the fundamentals.
So in either case, what do you expect? You can hope for it to bring you 150x returns, but that's honestly a pipedream for most coins.
1
Watch it here https://www.youtube.com/watch?v=265mamw4Fuk
This looks very much to be a pump and dump we all forgot. Thankfully Matt left that right up on top of his twitter profile.
It seems SO INTERESTING the founder of the site on the shirt Doug is wearing is retweeting this...
-7
How is that a pump and dump? The whole first portion of the video he even says he’s invested in it, it’s not financial advice, and not to watch if you don’t like that he’s invested.
Also I’m not sure if you know how to read charts but from the one you posted it literally never went up after he “pumped” it lol.
He has a crypto channel. He’s going to give advice based on his research and talk about crypto he likes or believes in. If he talked about lux without saying he was invested then I’d agree that’s kind of scummy but he’s as transparent and upfront as possible about that. You guys are just looking for shit to bitch about at this point.
11
He literally promoted an obvious ponzi scam. He has done the same thing countless times. He's a degenerate shit stain. Stop sucking his dick.
-10
Where has he done it multiple times? Like I said your post is not evidence of a pump and dump or even promotion. He talks about it for the first portion of the video. He’s giving his opinion on his crypto channel about crypto. If he didn’t do that he wouldn’t have a crypto channel. Same as poker. If he didn’t talk about poker he wouldn’t have a channel.
I agree it was a bad idea for him to be an ambassador for coinflex. Not because it was a Ponzi scheme. When he did his research and had all their public records he felt the business was run correctly and everything was collateralized because that’s what the records showed. The owners went on to do shitty stuff in order to try to make huge gains but it backfired. Doug didn’t do that. He doesn’t own them or run their day to day operations nor did he know about it. The reason it was a bad idea to get involved is because crypto is so volatile that any crypto exchange or currency can crash during a recession. Especially when staking and loaning against them.
You’re just bitching about nothing. If you lost money it’s because you’re a moron who took investment advice from a gambler and didn’t do your own research. That’s all there is to it. You can put blame on Doug but he didn’t make you put your money in it.
8
Look, I get that everyone is really angry about this shit, but have you considered that Polk is just bad at Crypto/got taken in by the general scam of Crypto Culture.
(and guys, it's a scam, if you're mad about your crypto losses.... yaknow)
He knows poker better than I am, and he's a YouTube personality, I don't know why people are aghast that he was wrong about crypto shit when... literally everyone in the crypto space was saying the same sorts of things and were all wrong.
He's getting shit on because half his content is shitting on people. Don't get high and mighty about bitcoin latinum hats if you're promoting the same trash.
Part of why he deserves to get shit on is because he's acting like he's the victim because he's getting called out on it. People got scammed and are rightfully pissed and the way he's been handling things is totally lacking in empathy and basic decency. Sure, maybe he's getting a bit more shit than he truly deserves, but grow up and act like an adult. Nobody forced him to endorse and promote what ended up being a scam. It's not his fault what happened, but his reaction since it happened is. He fucked up, just come out and say something like "I made a mistake and backed the wrong company. I'm sorry all this happened and I'll do better in the future, and hopefully people will get their money back". It's not appropriate nor is it the time to attack the people calling him out on it. Just sit back and let people vent. I've honestly lost more respect for Doug because of the way he's chosen to handle things than I did for endorsing the site. Everyone makes mistakes, but a real test of character is how you deal with those mistakes and I think it's fair to have the opinion that he failed that test.
nice try Doug Polk
Yeah he's a crypto whale 4 sure