So before I start out this article, I want to point out I like jsnip4 (or Joe). Some of the material I think is a little out there, but overall I think he provides good quality content.... Lately on his channel, he has made multiple videos on talking about Veritaseum and TenX. Overall, I actually believe in both tokens. They have a good foundation and good potential for growth.
Here is what I don't like about what he is doing
- I feel like he is trying to push coins that he bought to influence the price as he only talks about coins he bought and hopes to flip . That's fine if he makes 1 or two videos, but it feels like every day he is posting a video on this. See each of the video's he has done below within the past week.
REALIST NEWS - HOLY **** - You don't want to know what PAY Tokens are selling for
REALIST NEWS - Who got in on tenX (PAY Token cryptocurrency)? You may become rich
REALIST NEWS - BREAKING!! (PAY - tenX Token) Worth 4+ Times it's ICO Value in one day!!!
REALIST NEWS - Why I think PAY Token (tenx) is going to go through the roof when released - I believe he is providing poor technical analysis to an audience that may not know a lot about crypto, causing them to make an ill-informed investment (doesn't talk about white paper, competitors, and doing the research... I do 5-10 hours of research before investing in anything)
- I'd say 97%+ of what he talks about is on coins he buys and nothing else
- When he talks about these *ICO's and says wow, look at the price, many times (not all the time) what happens in the first week or two is arbitrage as the selling price spikes the first week or two and goes back to normal. In the video's he is making, he is not specifying this, so people who buy some of these coins could see it spike in value then crash after half a month or so (obviously not for Veritaseum, but overall and he is not telling his audience).
Now my whole channel is around being unbias, as I was really considering not making this post... but after sending him an email and seeing him do the same thing over and over and over, I feel like I have to say something. My hopes is maybe he will see this and not have as much bias when he is talking about crypto.... But it is HIS channel, so he can do what he wants.
I really want to know what you guys think below. If I'm overreacting and am off, please tell me and I'll edit the post's title and contents to be blank.