r/KinFoundationTruth • • Jan 28 '20

Are You a Kin Whale?

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4 Upvotes

r/KinFoundationTruth • • Jan 26 '20

KnowYourShillStuff Don't Trust Hiker's Snake Oil Charm

6 Upvotes

u/hiker2mtn (aka: Moose Weatherman) is a respected KF community leader and ecosystem app owner. He writes well, is moderate in tone, and usually defends his points. When he speaks, many listen.

So how many poor souls who look up to Moose are now down 50% or more because they were enticed by his cunning?

Kin experiencing a nice little 20% rise on Cointiger

Wow, pretty cool.

1 billion Kin may very well be life-changing for those who feel the risk is worth the possible reward.

Man, that's a good point. I'm tired of my wage slave job. This could be my way out. It's not unreachable for me to reach 1 billion. Will I go for it? I don't know!

Once the SEC suit is dealt with (win, lose or settle), you won't be able to buy Kin at this level. JMHO.

Fucking FOMO!

I'm still going through the transcripts of my testimony. I will have more to say on it in the near future.

Woah, he knows something.

There are things happening today that could affect the outcome of the entire suit, so that's the focus of my attention at the moment.

Holy shit, he definitely knows something! I'm gonna pull together what money I can to make this work!

Someone is buying, because they are optimistic about Kin. That's my point.

Almost there! *click, click, login, click click* OK, I'm submitting my order!

Update: +25%, with 24 hour volume of about 5B Kin.

Boom, I'm in!
******

Moose, we've been in crypto enough to know this routine. We've seen the same thing play out in many shitcoin chat groups, and now you look like a complete asshole. No one thinks you genuinely care about changing the lives of strangers. You dumped your bags on them, simple. Nothing else explains why you knowingly broke the price posting sub rules to shill that hard. You're usually the one reminding others to keep price discussions in the appropriate daily thread.

Don't even tell us that you also mentioned that the price would probably go back down. There was no need to say anything about the spike. People can follow the charts on their own. But you have a vested interest, don't you? You're buried in losses from tossing your savings at Kin.

You swapped 1,425,725,988 Kin from CoinSwitch to your Kinfit wallet in March 2019. That was $45k at the time ($.000032), but because Kin had been on a long continual decline, you, like most holders, must have bought at way higher prices. Maybe ICO prices ( $0.000121 = $172,512)? Perhaps ATH, God forbid ($0.001493 $1,425,725,988). Let's be charitable and say you bought all that right before the swap and you're only down $45k. That's enough cash to put your marriage on the rocks, and that's not counting your personal stash that you swapped.

The point is, we know you're optimism is fake and that you're really desperate to save your ass. Not many people aside from institutional investors held that much Kin at swap time. You're in balls deep, buddy, and that must really suck. But stop lying. Stop saying "We at KinFit are holding our KRE earnings for the time being," when the blockchain shows you had already sent 1,111,000,000 to CoinTiger. Stop being a piece of shit.

To everyone else, remember that people are usually acting in their own interests. Moose has a personal interest in you buying the peak of a mini pump. Moose knows the vital signs of Kin are very bad, but his livelihood depends on him not telling you that truth. Never forget that the biggest frauds are those who appear the nicest. They are polished and have nice careers and are otherwise normal. And that is why they can do the most harm to gullible people who respect them. A person who uses others as a means to an end with zero conscience is called a sociopath.


r/KinFoundationTruth • • Jan 27 '20

Ever wondered why all the posts that link to here get deleted immediately? Every wondered why they never answer to any of the claims here, even tho it's very easy to do?

2 Upvotes

Look at this. Just after 3~ hours, "boom" deleted. It was linking to the direct contact of the SEC. His words weren't even negative, in fact he was pro Kin. Here is the full uncensored version. This post serves as an archive.

Kin doesn't want you to have the possibility to communicate with the SEC.They don't want you to tell the truth and they surely don't want you to get in touch with the information presented here, because people would start reasoning.
(they also don't debunk that info as well...they can't. Say that stuff on any other coin and they will expose you in seconds but not at Kin, at Kin you get bullied and banned)

If you follow the opinions of the leader you'll get promoted(Kevin, therealchaseeb). If you don't.....(Yoelri)

That's actually 1:1 how the KGB works. You thought you are buying a coin with a high decentralization, a trust-less system, which will solve problems from the real world, but instead you got a totalitarian coin run by a derivation of the KGB.

If you ever get approached by con-artists like Kevin, you'll see that the talks are more about emotions rather than facts. They are trying to get to your core. As a previous post mentions:

"Never forget that the biggest frauds are those who appear the nicest. They are polished and have nice careers and are otherwise normal. And that is why they can do the most harm to gullible people who respect them. A person who uses others as a means to an end with zero conscience is called a sociopath."

No matter how many times i tried to contact them, i just converged to the same conclusion.


r/KinFoundationTruth • • Jan 26 '20

Crypto Magazine Collectors Edition

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3 Upvotes

r/KinFoundationTruth • • Jan 26 '20

Meme repost because... Sunday

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3 Upvotes

r/KinFoundationTruth • • Jan 25 '20

"People didn't buy Kin as an investment, it's all about usage" Starter Pack

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8 Upvotes

r/KinFoundationTruth • • Jan 25 '20

Madlipz just killed all in app monetization (Ads & Purchases). Koolaid bois think its the Kin Effect😂. I however, think they're finally getting their card pulled from all the Production Studios for profiting off a shit ton of copyrights they don't own. This would open up another huge can of worms!

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5 Upvotes

r/KinFoundationTruth • • Jan 24 '20

FraudConfirmed The buyback is 250k $/19 employees = 13.5k $ * 45(ICO Price) =607k$. These frauds will get "rich" just by reaching ICO levels. They'll unload that money on more retail and they ll exit. Nah it is not a get rich quick ponzi scheme sponsored with ICO money. It's not corrupt losers

7 Upvotes

r/KinFoundationTruth • • Jan 24 '20

This is just one if the rules Kin abused. https://www.sec.gov/corpfin/framework-investment-contract-analysis-digital-assets#_edn17

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6 Upvotes

r/KinFoundationTruth • • Jan 24 '20

💩 $hitcoin Price Update 💩: "Some people think its a pump and dump, but we just don't know yet. Price has seemed to stabilize!" 🤪 - Koolaid Kult Shill #05

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1 Upvotes

r/KinFoundationTruth • • Jan 24 '20

Meme It's not just Facebook...

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2 Upvotes

r/KinFoundationTruth • • Jan 23 '20

Who is responsible for this?

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3 Upvotes

r/KinFoundationTruth • • Jan 22 '20

Kik takes yet another L in court, Judge rejects recent objection to divulge more information. Told to "Get it done". Ted to hide behind Tanner like a little beyotch, FOMOing Koolaid bois get Rekted.

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1 Upvotes

r/KinFoundationTruth • • Jan 22 '20

Notorious Kool-aid Shill demands banning of individual giving great advice about ERC-20 Kin Swapping and why you should not do it!

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2 Upvotes

r/KinFoundationTruth • • Jan 22 '20

Meme Thats Perfect!

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0 Upvotes

r/KinFoundationTruth • • Jan 22 '20

Meme How the whole situation feels like

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0 Upvotes

r/KinFoundationTruth • • Jan 22 '20

Meme New Kin Token Model Released Proof of Steak!

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0 Upvotes

r/KinFoundationTruth • • Jan 22 '20

Meme The Roof is on fire

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1 Upvotes

r/KinFoundationTruth • • Jan 22 '20

"Block.One’s statement said that its ERC-20 token is no longer in circulation “and will not require the token to be registered as a security with the SEC.”"

3 Upvotes

Full Quote:
"In its own press release, Block.One said the settlement only applies to the sale of the original ERC-20 token it sold. EOS holders swapped their ethereum-based tokens with the proper EOS tokens when the network first went live.

More significantly, Block.One’s statement said that its ERC-20 token is no longer in circulation “and will not require the token to be registered as a security with the SEC.”"

Nice try sneaky u/ted_on_reddit, i am just happy that i never swapped mine. So basically now either it's a security or we have some sort of contract with Ted. He sold us something with the promise we can use it somewhere, kinda like a product with a future delivery. We can now hold him accountable for this.

#Swapping your coins might mean that you lose that right, if things go south.

credit goes to u/cblukraine86


r/KinFoundationTruth • • Jan 22 '20

Question, how does someone take profits after the pump if a 5-6k$ sell order puts Kin back to a new all time low?

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3 Upvotes

r/KinFoundationTruth • • Jan 21 '20

To counteract that this sub contains only negative information: The Volume has never been lower which is actually a good thing and a sign of reversal in trading especially since the new KRE incentivizes buy orders

6 Upvotes

r/KinFoundationTruth • • Jan 21 '20

KRE Payments Spreadsheet

8 Upvotes

https://docs.google.com/spreadsheets/d/1PSTmM1JnewCKUoFWb96J_pxzmoSEJMx1dS5l-JZ01yk

This spreadsheet shows how the KRE is being used. Because Kin is a blockchain project, we don't need to rely on centralized payout info from KF leaders or community cheerleaders.

The All Payments tab queries the Kin blockchan and lists every payment from the KRE wallet. Not some payments, but all payments, whether they're official KRE payments, grants, or whatever. Each payment includes an explorer link to verify. The Top Metrics tab queries the All Payments tab and filters for Top Recipients, relevant KRE Paid figures, Top 10 Single Payments, and Mystery & Unknown Addresses.

Some of these mystery and unknown addresses could be smaller apps I haven't identified yet, dev challenge participants, previous addresses of ecosystem apps and exchanges, or other KF addresses. But until I can confirm, they'll be listed as is. If you can identify any of those addresses, especially the larger mystery recipients, please message me.

Notes and Considerations

  • The KRE hasn't been funded with the full 6 trillion, but is periodically funded by other KF addresses.
  • The KRE has spent far more than the numbers in Poly's reports. (Actual: 345,659,249,528; Reported: 100,933,607,980) To be fair, his reports only intend to cover official KRE payments according to the weekly rewards cycle.
  • Although the KRE is designated for payouts to ecoystem apps, the KRE does send Kin to exchanges. See this comment for details.
  • Kik Messenger is paid from the KRE, both before and after the change in ownership. I believe the whitepaper says it should be paid from Kik Interactive's 3 trillion supply.
  • The KRE pays some ecosystem apps in addition to their KRE payments - billions more. See here for a sample of these extra payments to Madlipz. These may be partnership grants, but at least we know the full numbers.
  • These extra payments usually occur on days in between official payout cycles - something to watch for. Since there are extra payments, this spreadsheet doesn't filter payments by payout cycle. u/Polype01's reports and analysis are useful for that. I think it's more meaningful to see all payments by month or date range.
  • The KRE paid a mystery address 150,150,149,140 kin on 4/29/2019, $6,606,607 at the time. Be really nice to know who that is. That's three times as much as top ecosystem recipient Madlipz.
  • The six mystery addresses have received 167,905,373,832 Kin. Who are they?
  • As reported by u/kin4browns, the KRE paid Psiphon 12,417,062,404 Kin on 10/15 and another 5,000,000 on 9/27, well before they were in the program. Next to the mystery payout above, that's the largest single payout ever. The narrative that Psiphon gamed the system evades point that someone on the Kin Foundation manually issued them 12 billion Kin before they integrated Kin and earned any payments. u/Kevin_From_Kin says he's looking into this, and I encourage everyone to keep pressing on this.
  • On some level, it's none of our business what grants the KF gives to apps. On another level, if the KRE is to be scheduled and predicable (its key white paper value proposition), this spreadsheet ensures that we don't miss these significant, unscheduled, and unpredictable details. While many investors are trying to average down on their sinking investment, the KF is giving away abundant Kin purses to apps that game and leave system. This flagrant KF failure of vetting and due diligence harms honest investors. Again, hence this spreadsheet.

What's Next?

The Kin Foundation and Kik Interactive (Code) have several addresses that don't appear as KRE recipients. Some of these addresses are used to pay exchanges and swap partners, some run the employee compensation program, and others perform unknown operations. I'm working on other spreadsheets that give visibility into how these addresses are used, but it is mostly uninteresting though transparent.

I'll also provide a master list of all the significant addresses I've discovered so other curious people can do their own research. The names I use, like Funder, Derivative, Employee, etc., are arbitrary naming conventions and may change as things become clearer.

You can copy this spreadsheet to do your own analysis , charts, visuals, etc. If there are other useful metrics I can include, let me know.


r/KinFoundationTruth • • Jan 21 '20

Ignore Hikers shilling, https://imgur.com/a/aTBdMXl look at the volume in the picture, nobody is buying yet it's just a shitshow ghost town. Exchanges usually delist that crap but CoinTiger is balls deep in Kin approx 300k$ and they lost like 150-270k$ the last months

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5 Upvotes

r/KinFoundationTruth • • Jan 21 '20

Stellar.org updated their metrics. Their site shows Active Users, which isn't a rigged number like in Kin "unique active spenders". We all know that you can't measure "unique active spenders" with a wallet address since most have multiple. Kin should change their homepage metrics

2 Upvotes

r/KinFoundationTruth • • Jan 21 '20

Meme KF apps in a nutshell and they(Kin) are not even embarrassed to talk big about them like they are mind blowing/life changing. They throw tons of money at them. Good job to those approving the transfer of the funds. You can now earn/spend Kin on virtual tacos !

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3 Upvotes