Seely's Cryptocurrency

fins227
Posts
1096
Joined
7/1/2014
Location
Chillicothe, OH US
3/25/2023 6:02pm

Fools and their money…

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500 Mike
Posts
1109
Joined
4/1/2008
Location
Kingwood, TX US
3/25/2023 6:03pm

Too bad he won’t podium tonight or  someone could ask him at the press conference 😂

crusher773
Posts
2009
Joined
12/23/2009
Location
Coweta, OK US
3/25/2023 6:21pm

Didn't he get all whiny when DF took #14? Anyway The crypto thing is a fucking pyramid scheme and I can't stand him. 

-MAVERICK- wrote:
Yeah.  He's still a flake. 

Laughing Yeah. 

He's still a flake. 

I could never stand an interview with him.  The dude sounds so dumb, he says "like" every other word.

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Moto Mofo
Posts
886
Joined
1/17/2008
Location
TX US
3/25/2023 6:43pm

This is the kind of stuff that the moto “media” should look into and report on, but none of them will. It’s a shame. 

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The Shop

moto469
Posts
134
Joined
1/15/2016
Location
UT US
3/25/2023 6:49pm

He married a girl 10 years younger than him...may be a bigger scam than the crypto 

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notjake
Posts
32
Joined
3/25/2023
Location
North Salt Lake, UT US
3/25/2023 10:53pm
notjake wrote:
Watching Seely in practice today reminded me of this whole deal. I am very educated on crypto and watched the whole Seely deal go down from...

Watching Seely in practice today reminded me of this whole deal. I am very educated on crypto and watched the whole Seely deal go down from day one.

- Seely likely walked away with somewhere between $200,000 - $300,000 from his ICO (Initial coin offering. This can't be totally confirmed because I don't know the terms between creators and rally.io). It's likely that he made more in the first couple of months depending on how much coin he held himself. Unfortunately, the exchange platform that facilitated $CS14 no longer exists as of the end of 2022. The company was called Rally.io and was really shady in how it closed up shop. 

- I personally bought about $200 worth of his coins (purchased at ICO and held my coins all the way to $0) and can confidently verify that he never mentioned $CS14 again on his insta after his ICO. No exclusive anything was ever delivered to those that bought. I think he promised an exclusive Discord channel, giveaways, and access? I can't remember but it sounded awesome. I never got anything but my coins.

For me, I'm not upset about the money I lost because I wasn't trying to make money off it. More than anything Im just disappointed that Cole would pull something like this. I've tried to think of reasons of how this could be justified but its pretty egregious haha! Outside of crypto this is called fraud and also illegal.

I wish Steve and the pulp guys were more fluent on crypto because this would have made a phenomenal RaceTech rant haha!

You’re saying he made that much in USD and is still holding on to it? 

Yes. He got paid in USD for all ICO sales. 

He sold $CS14 coins for real usd dollars.

notjake
Posts
32
Joined
3/25/2023
Location
North Salt Lake, UT US
3/25/2023 10:57pm
Doesn’t matter, he attached his name to it in the hopes of getting money out of it if it went well, so he needs to be...

Doesn’t matter, he attached his name to it in the hopes of getting money out of it if it went well, so he needs to be accountable for it when it didn’t.

The worst thing about it is he scammed his fans. His own fuckin’ fans! Anyone that bought in deserves an explanation as to why no content or anything was produced that Cole personally promised would come about from purchasing of the coin.

The fact this dude outright scammed his fans and no one cares is insane.

Someone who is down to wait on hold for 2 hours should call pulp. Although they probably wont care because they wont understand it 

Money
Posts
1835
Joined
1/18/2011
Location
Fresno, CA US
3/25/2023 11:07pm
moto469 wrote:

He married a girl 10 years younger than him...may be a bigger scam than the crypto 

Wonder if he signed a release from like kitchen 

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2
Juck
Posts
1882
Joined
5/23/2019
Location
AU
Fantasy
3/26/2023 12:17am
Do you guys really believe Cole understood what he was getting into with this nonsense? Rally.io went out and found 200 "influencers" across a wide swath...

Do you guys really believe Cole understood what he was getting into with this nonsense? Rally.io went out and found 200 "influencers" across a wide swath of social media and professional sports and sold them all a bunch of nonsense hype.

Doesn’t matter, he attached his name to it in the hopes of getting money out of it if it went well, so he needs to be...

Doesn’t matter, he attached his name to it in the hopes of getting money out of it if it went well, so he needs to be accountable for it when it didn’t.

The worst thing about it is he scammed his fans. His own fuckin’ fans! Anyone that bought in deserves an explanation as to why no content or anything was produced that Cole personally promised would come about from purchasing of the coin.

The fact this dude outright scammed his fans and no one cares is insane.

no one cares because it's hard to feel sorry for someone retarded enough to buy into it and the thought of someone having to tell their family they lost their savings on cole seely coin is fucking hilarious

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kott0n
Posts
673
Joined
10/4/2016
Location
Vancouver, WA US
3/26/2023 7:09am

If you didn't make money on crypto, you're doing it wrong

1
6
3/26/2023 8:11am

I am almost functionally illiterate when it comes to matters of investment, which is why I have a trusted financial advisor in addition to being lucky enough to have a good pension plan. I will say though, that even someone as dumb as me on these matters never thought it was a good idea to buy crypto from a dude that raced professional motocross. The whole fad smelled a little like disco, here today and gone tomorrow. Felt like a scam from the get go and another one of those "if it sounds too good to be true it probably is" situations. And pretty douchie of Seely to launder this stuff to his very limited fan base.

3
Cali
Posts
250
Joined
3/22/2019
Location
Bakersfield, CA US
3/26/2023 9:47am
kott0n wrote:

If you didn't make money on crypto, you're doing it wrong

💯 

2
kott0n
Posts
673
Joined
10/4/2016
Location
Vancouver, WA US
3/26/2023 10:10am
bents wrote:
I am almost functionally illiterate when it comes to matters of investment, which is why I have a trusted financial advisor in addition to being lucky...

I am almost functionally illiterate when it comes to matters of investment, which is why I have a trusted financial advisor in addition to being lucky enough to have a good pension plan. I will say though, that even someone as dumb as me on these matters never thought it was a good idea to buy crypto from a dude that raced professional motocross. The whole fad smelled a little like disco, here today and gone tomorrow. Felt like a scam from the get go and another one of those "if it sounds too good to be true it probably is" situations. And pretty douchie of Seely to launder this stuff to his very limited fan base.

Yeah, I pull 6-9% yearly through Blackrock. I've been buying gold for 15 years. My 401k is set to aggressive. I have rental properties. Diversify.

I still bought crypto in the dips and sold at the peaks all the time. Pulling 6-12% per transaction is pretty common.

I'm still buying, it will go back up. The dollar is the worse it's been since the 80's. Just like everyone always says, diversify.

It is NOT something you want to "hodl". Play the markets.

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kott0n
Posts
673
Joined
10/4/2016
Location
Vancouver, WA US
3/26/2023 10:12am

Also what kind of scam starts at 1 coin being pennies on the dollar, peaks at $65k PER coin (BTC) and settles around $25k PER COIN? If that's a scam, give me more. I'll buy low and sell high.

 

If anything, that highlights the exact opposite of a scam. 

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3/26/2023 7:31pm

Kim K had to pay 1.26 million fine to stay out of jail for her role in a crypto nft pump and dump scam.

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LungButter
Posts
8684
Joined
1/9/2016
Location
Yellow Pine, ID US
3/26/2023 7:34pm

Grifters gonna grift. 

2
disbanded
Posts
6867
Joined
8/26/2007
Location
Evergreen, CO US
3/26/2023 7:35pm

There was a whole list of 'celebs' that were recently fined for these types of scams and not disclosing that they were paid for their fake endorsement. 

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