✴️ FLOYD MAYWEATHER Is Promoting a New Cryptocurrency ICO Called STOX.IO To His 25+ Million Social Media Followers! Should We Be Concerned? by stackin

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· @stackin ·
$81.29
✴️ FLOYD MAYWEATHER Is Promoting a New Cryptocurrency ICO Called STOX.IO To His 25+ Million Social Media Followers! Should We Be Concerned?
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<center><p>https://steemitimages.com/DQmXM3vbkerk3CkCsbL1L7zCrg5bnroAsfJpB4ZRRRhpU9F/may.png</p></center>
<blockquote><em>"A true champion will fight through anything" ~ Floyd Mayweather, Jr.</em></blockquote>
<br>
<p>Have you seen this?... Floyd Mayweather posted a picture on Facebook and Instagram Yesterday stating... "I'm gonna make a $hit t$n of money on August 2nd on the Stox.com ICO".&nbsp;🤣</p>
<p>Mayweather even used a few key hashtags that surprised me (Bitcoin, Cryptocurrency, Crypto, Blockchain, Ethereum, Stox) and the post had over half a million likes. 😮</p>
<p>Many people will say this is great news and that if more people talks about Cryptocurrencies, the better... however, it may cause a huge problem down the road.&nbsp;</p>
<p>This is my Question... Should Public Figures, Celebrities, Athletes, or anyone that has a huge influence on Social Media be able to pump a Cryptocurrency without any transparency?&nbsp;</p>
<p>We have no idea if Floyd was paid or offered millions of coins for free to do this. I'm quite concerned about this for many reasons... let me explain.</p>
<p>Just last month a few Social Media Influencers (not to be named) on Youtube with only a few thousand subscribers was able to easily pump a Cryptocurrency from $.60 to $6.00 in a week just by telling their followers.&nbsp;</p>
<p>... and guess what happened next to this crypto, it fell back to under a $1 in a couple of days (the typical pump and dump)... and thousands of people lost their asses off.</p>
<center><p>https://media.giphy.com/media/XqpnXaeZPnupy/giphy.gif</p></center>
<p>So if an influencer with just a few thousand people can manipulate a crypto, what do you think a celebrity like Floyd can do? Should they be held responsible at all?&nbsp;Some may say yes and some may say no...</p>
<p>This post reminded me when rapper 50 Cent promoted a Stock in 2011 that he was heavily "invested" in (given for free) posted on twitter to his 4 million fans, the stock when up 290% but then two days later it fell under .04 ... once again everyone lost their asses off.&nbsp;</p>
<center><p>https://media.giphy.com/media/26AHDQZMEM82Ixyco/giphy.gif</p></center>
<p>On Tuesday, The SEC stated that they will consider some ICO's as "securities" and will place regulations on them. Many people spoke about this as being a good thing but who knows, only time will tell.&nbsp;</p>
<p>I think its awesome that Floyd is telling people about Cryptocurrencies to millions of people but then again, does he even care about the people who he's telling? Probably not... They Don't they call him "<em>Money</em>" <em>Mayweather </em>for nothing.</p>
<p>So be careful out there guys, most people don't have your best interest at all. They just see you as $$$ signs and pretend that they care for you but all they want is your hard earned money.&nbsp;</p>
<p>Just Some Saturday Thoughts... Tell me what you think? 💞   <a href="https://www.instagram.com/p/BXD4KDqgX3x/">Source</a></p>
<p>https://steemitimages.com/DQmX6GKuLifi4mqnjPszSLcdma6eomrdZqcHGZURVDTpqEC/steemit.png</p>
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@luxurylifestyle ·
$0.05
Saw that post man :) I think I will try it
👍  
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@stackin ·
You are @luxurylifestyle? you can buy me some also lol :)
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@alfa2141 · (edited)
I love post you.  By community steemit.  And bitcoin.  Reesteem
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@trendo ·
$0.06
Haha Floyd and cryptos ? Never thought I would see this :D
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@stackin ·
Pretty crazy huh @trendo ... at least he's getting the word about cryptos even though he's pumping it lol
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@gringalicious ·
$0.58
25 million more people exposed to crypto, I think that's a good thing.  Many will find their way to which cryptos are solid and will stick around, like Steemit for example
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@mergesort ·
$0.05
25 million more people that will get burned because of him. The guy is noob and Stox is most likely scam.
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@stackin ·
There should be some concern, I totally agree :)
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@stackin ·
I think he should of promoted STEEMIT, that would of been awesome but of course, he may wanted something "under the table" to join lol
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@gringalicious ·
$0.05
under the table, over the table, around the table, on top of the table.  He's getting it all ways
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@enazwahsdarb ·
Not yet :) He can promote Steemit at the end of the year.. Let's just gather some more SP first :D
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@ragnartheking · (edited)
$0.06
I saw this too. I'll probably try to get some on ICO and sell it right after. A lot of people will buy/try to buy it without any knowledge of cryptos, just because Floyd promoted it. I'm sure it will die right after the first sell wall. People will panic sell and kill it.
👍  ,
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@buster544 ·
$0.05
It's not fair to those following him but your right, if he is going to pump it up , you know thousand if not millions will jump in, if you were to by it before he started pumping it, and sell it in its spike higher can't blame you for profiting. Lot of folks going to lose out, or should I say transfer their funds into your account.
👍  
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@stackin ·
Let me just write Floyd a check right now lol
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@ragnartheking ·
That's what's going to happen. It's quite a lame move from Floyd to ruin his reputation with this because most of his followers will try to participate in this ICO and will lose money. I know it's just business for him, and it's most likely a paid promotion without having any knowledge of the coin, but it can ruin the reputation of crypto currencies especially​ if it turns out to be a scam.
👍  
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@stackin ·
$0.03
Wonder how many tokens Floyd got for free, millions :(
👍  ,
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@ragnartheking · (edited)
I think zero. I don't think he would risk on taking the tokens. He probably got paid by cash for this promotion.
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@steembusiness ·
$0.17
Hey @stackin, 
It´s actually really concerning that just a few people having some followers in their social media are able to pump a crypto by 1000%, probably just to dump it afterwards earning a lot of money...

But unfortunately that´s how our world works today. Capitalism drives people to trick others just to get some more money and just like in your cases above, it will probably happen more often in future on the Cryptomarket as well...
👍  
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@stackin · (edited)
I have about 100k+ followers... I should pick a crypto and pump it haha. 

However, I have a good heart and can't pitch people into things that I know that they will lose out :(
👍  ,
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@overkillcoin ·
$0.05
To me it's shady and a little lame, but at least he didn't have some devs create "FloydCoin" in the same way Max Keiser had "MaxCoin" created back in 2014. Now THAT was stupid...
👍  
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@stackin · (edited)
$0.05
I remember that, the "Max Coin" :) .... I also remember his "Buy Silver and Crash JP Morgan" phrase lol
👍  ,
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@overkillcoin ·
I guess the ten ounces I bought just wasn't enough to accomplish that goal XD
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@rulesforrebels ·
$0.05
Nothing against Mayweather he's a fantastic boxer, a great promoter and marketer but probably not a financial wiz by any means. I'm pretty sure he was paid to do this post and with the FTC cracking down on celebrity and influencers not disclosing things like this I'm pretty sure he's gonna wind up in hot water at some point down the road.
👍  
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@stackin ·
$0.08
YES! They need to start disclosing stuff... you know he got paid tons of money to post that. 50 Cent didn't get in trouble in 2011 with the SEC because he disclosed how many shares he had, also he didn't sell off his shares when promoting it. Interesting times :)
👍  
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@rulesforrebels ·
$0.06
Part of me thinks it may be legit only because I doubt he and his team are stupid enough to do something like this at a time the FTC is cracking down on even small time bloggers for this type of stuff. With all the drama and potential regulation going on about ICO's, plus Maywether being so front and center with the upcomming fight I wonder if they could be dumb enough to not make a disclosure if he actually was paid. Then again I suppose they can just pay his wife or friend and there's no record of him directly getting money for it.
👍  
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@kubbyelizabeth ·
$0.05
😳 when celebrities don't have your back. Thanks for the heads up.
👍  
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@stackin ·
All they want is my money hehe
👍  
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@kubbyelizabeth ·
$0.05
Which begs the question, when is enough enough or too much? As an entrepreneur you always want to be challenged to the next level, but you don't want to bring others down with you. You want us all to grow together, why don't they?
👍  
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@awesomianist ·
$0.05
Would the term "All publicity is good publicity" apply here? 

This signals the sentiment that the "majority" people are starting to tune their radars to Cryptocurrency. 

Many experts (old-timers) likened Crypto to the dotcom bubble of the turn of the millennia, where there was huge money followed by "cocaine and hooker" scandals before a huge huge crash. With the real champions and cryptos with actual use-cases raising the whole industry to new heights.

Perhaps we are seeing the first phase? 

Regardless, i guess it's high time to get in on it, guys. We have the advantage of information and a good knowledge foundation. People getting burned is an absolute certainty in the medium term of crypto as the tech grows.

Our "job" now is to make sure we don't lose, We've seen enough of greedy folks who F'ed up to know better when one is in the game long enough.
👍  
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@stackin ·
$0.06
You couldn't of said it any better :)
👍  ,
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@erikaharris ·
$0.72
@stackin, I saw that post, and had similar thoughts about it being bittersweet... Sweet that Mayweather is raising crypto-awareness, but bitter that he's not providing deeper education or cautions. Where's the line of ethical responsibility?

**But you know what got me even more jazzed than Mayweather's post about crypto??**

# McGregor's incredible mindset! 

Do you know he trains in front of a visionary mural he had painted in his gym, showing him knocking out Mayweather, with his straight leftie?!

Conor McGregor is a master manifestor. I love his positive, confident approach to life. WHAT A CHAMPION ATTITUDE!

https://youtu.be/e3jwYzxnqv0
👍  ,
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@stackin · (edited)
$0.16
So funny @erikaharris, thats was the word I was looking for "bittersweet", i had some brain fog this morning lol

McGregor is the man, behind all his tuff talk (for promotion)... he's really a motivator. We are big UFC fans, We own a UFC Gym in Las Vegas for 5 years... we get tons of great fighters come by all the time. Chael Sonnen is the only guy that comes in mind if you want to hear good trash talk haha

https://steemitimages.com/DQmW7T2qL3ooSQZjbrKWFY9tdyy2BBJA41gvggiLKCZ6qoF/IMG_5823.JPG
👍  , ,
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@brianphobos ·
$0.17
Epic dude!  I bet $10 on Chael Sonnen the first time he fought Anderson Silva.   The room got quit when he was in command for awhile.   Hahhaha  

That just brought back some memories but it is awesome that you have so many pics of you with all these big names!   But you are a big name as well.   I'm behind because I just found out about you 2 months ago!
👍  
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@enazwahsdarb ·
I'm digging that wallpaper! Honestly had to look about 4 times until I realized! :P

That's such a cool thing to know about you @Stackin. Would never have guessed..
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@erikaharris ·
$0.06
Wow, @stackin. I didn't realize that. IMPRESSIVE. You're quite a motivator, too! 'Preciate you, and your content :-)
👍  
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@sandcommander ·
It takes 4 years to train a fighter,to hone his/her skills. The Pugalist Sport is a Art form. Mr. MCGregor is way in over his head and out of His Domain.
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@randowhale ·
This post received a 4.6% upvote from @randowhale thanks to @stackin!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!
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@abh12345 ·
$0.05
I say leave him to pump and dump this coin, he'll need a few $$s when McGregor knocks him out next month!
👍  
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@stackin ·
I'm looking for tickets to the fight in Vegas... I heard some nose bleed tickets will be available for like 2k LOL
👍  
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@abh12345 ·
$0.05
That's about 1800 Steem!!
👍  
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@stackin ·
Oh snap! Fightin words 😀
👍  ,
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@jonsnow1983 ·
$0.05
Any type of publicity is welcome. We made our choice already. We believe in Steem!
👍  
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@stackin ·
Thats a good way to look at it :)
👍  
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@bcn ·
$2.35
In case someone is interested, I've written a detailed analysis of the ico: https://steemit.com/ico/@bcn/analysis-will-floyd-mayweather-make-a-ton-off-stox-ico
👍  , , , ,
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@fronttowardenemy ·
Thanks for that. Good write up.
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@stackin ·
An awesome break down @BCN! :)
👍  
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@booster ·
<p>This post has received a 5.31 % upvote from @booster thanks to: @stackin.</p>
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@banglasteve ·
$0.05
Highly sceptical of this also.
👍  
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@stackin ·
https://media.giphy.com/media/ZwIplPCrDKmt2/giphy.gif
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@banglasteve ·
I actually feel like the concept of crypto and ICO's get defamed by people like him...
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@arckrai ·
$0.05
These are exciting times!
Mayweather... McAfee... Cuban... Rodman!
So many celebs hyping about Crypto.
We are at the beginning of a revolution! 
Prices will spike over next few years... choose your positions wisely!
This means anticipating prices of all potential star alts, i.e Ripple (which although is supported by banks, have adopted it as are for faster ways to make and receive payments in future).
Either way, take positions!

When popularity comes in so does a rise in price!
👍  
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@stackin ·
That was so funny when McAfee said he was going to eat his own **** if bitcoin doesn't go to 500k in couple of years haha
👍  
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@steeming100 ·
Upvoted and also resteemed :]
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@alexvan ·
$0.05
My man @stackin, this type of influence is tremendous, I bet it will skyrocket even if the coin is worthless. You 🏋 should get into an alliance with some other big names like uncle G for example and choose a coin that has a strong development team, a good transparent ICO program and willingness to help the market. It will be a win win for everybody! 👍

If you do it, I want to be a part of it 😎
👍  
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@stackin ·
I'll just make a stoken on the WAVE network with no white paper for $5 haha
👍  ,
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@heymattsokol ·
$0.17
This is one of the downsides of such an unregulated market. Anybody with the clout to pull it off can pump a coin with a single tweet.

It happened earlier this week with mcafee saying bitcoin will reach 500k as well
👍  
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@stackin ·
He also stated that he will eat his own 🍆 on national tv if it doesn't reach 500k 😂
👍  ,
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@discordia ·
<p> <center><a href="https://steemit.com/@discordia"><img src="https://steemviz.com/discordia/Comp-2.gif"></a><br />This post got a <strong><code>22.13</code> %</strong>  upvote <em>thanks to @stackin</em> - <strong>Hail Eris !</strong></center></p>
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@amedeo ·
$0.05
FLOYD MAYWEATHER is a very clever and talented guy
👍  
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@stackin ·
One of the best marketers in fighting, I respect that.
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@amedeo ·
Yes, that's true
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@artedellavita ·
$0.05
Influencers always are a great thing! Happy Saturday to you friend! :)
👍  
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@stackin ·
I'm going to become a big influencer and have my own coin haha
👍  
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@artedellavita ·
$0.05
Wish it and it will come to you! You just never know!
👍  
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@feelsomoon ·
$0.07
I will not touch anything I know Floyd can manipulate. I hope his followers stay away because he is the whale who will make money and they will be his meal.
👍  ,
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@stackin ·
He will eat them for lunch :)
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@steemitboard ·
Congratulations @stackin! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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@grizzman ·
$0.05
I think it's great that he's getting the word out about cryptos to people who probably have no idea what cryptos are. Sort of sparking the fire for them. But on the other hand whoever invests in this ICO blindly has a good chance of loosing their ass.
👍  
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@stackin ·
Catch 22 effect :)
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@david777111 ·
$0.05
Bought and pay for Celebrities. Let's see what happens. Remember he is telegraphing. Take advantage when there is an opening.
👍  
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@stackin ·
I guess it's business... I blame ignorant people instead of the messenger :)
👍  
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@treeplanter ·
Tree planter comment
```
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@lexiconical ·
$7.82
Interesting story. Thanks for the update.

It does seem like this is the type of behavior that regulations on ICOs would hypothetically be designed to curb.

Either way, I suspect this is not going to be worth Mayweather's while. He has enough money, and the last thing he needs is to get involved with regulators for a payday.
👍  ,
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@stackin ·
Yeah, he will bring attention of the SEC closer to ICO's now. Might as well do it now than later :(
👍  ,
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@lovejuice ·
<p>This post has received a sweet gift of Dank Amps in the flavor of 12.00 % upvote from @lovejuice thanks to: @alexvan.  Vote for Aggroed!</p>
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@awarenessraiser ·
$0.17
This was a damn good post!!! It is true! Celebrities have that authority where they can tell their fans to jump off a bridge and they will do it without even thinking. ahhhh the power of influence. Good lookin out cuz I might've hopped on! hahaaha! 🤣
👍  
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@stackin ·
It took me 30 minutes to write 😂😂😂
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@awarenessraiser ·
$0.05
hahaha!!
👍  
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@brianphobos ·
$0.05
There are a lot of different ways we can look at it.   I gives people another exposure to crypto but in the same token some of it can end up seeming scammy when some many people will get dropped on their heads.   

The crypto market is the wild wild west for sure.  It will make some rich and will break many others.
👍  
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@stackin ·
I totally agree with you on this, we're risk takers however 🤑🙌🏼
👍  ,
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@enazwahsdarb · (edited)
$0.05
I think we should definitely be concerned about this.. I don't care how much knowledge Mayweather thinks he has on financials, I would never support someone as egotistic as that. It's purely for  his personal gain, and although it might work-out in the short-term, I cannot confidently see anything positive happening for that ICO in the long-term. 

In the contrary, I think it'll be a fun thing to just dump some money into since it should obviously sky-rocket in value! Only in the shorter-term though :)

Interesting post brother. I wouldn't have known about this stunt from Floyd if I didn't see this post. Talk soon.
👍  
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@stackin · (edited)
I will create my own coin and own 80%... then pump it to my followers... and sell it at the top. hmmm jk haha
👍  
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@enazwahsdarb ·
Sounds about accurate lol!
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@lukinsawyer ·
$0.28
That's crazy, I didn't know this. Imma have to look into this.. haha btw, following you 😊 Hha dude I could of swore I've been following you since the begining. Damn.
👍  
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@stackin ·
$0.12
You hurt my heart 😂😂😂... by the way, great vlogs you been doin! 💯
👍  , ,
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@lukinsawyer ·
$0.11
Hahaha ,
Thanks man!!
👍  
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@parmjit ·
please upvote me, i will upvote          https://steemit.com/steemit/@parmjit/diy-rotating-led-clock-kit
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@heidi-dream ·
thanks ~ Nice info
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@evernoticethat ·
Didn't know about this one, will have to keep an eye out. If this can bring more attention to Steemit im all for it.
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@stackin ·
That's the truth 🙌🏼
👍  ,
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@portcityhooligan ·
Im sure he was paid off. If he was involved in crypto at all the world wouldve known. Its all about more publicity for him, thats all he cares about. Well, that and dancing. Haha
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@sokha ·
្Iam follow  you from cambodia please helps  me votes
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@rocksg ·
$0.24
So what do you think people do not have their intelligence to decide what to buy or not?
👍  
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@marcusxman ·
$0.03
The noobs are beginning to wake up but when you got celebrities telling you want to do then best to stay away!
👍  
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@davidalexander ·
$0.04
Thanks for some honest input on this. You raise a very good point, while social media isn't yet forcing people to state when they are being paid or rewarded to promote something you really don't know.

With a following like Floyd it could be the biggest pump and dump crypto has ever seen. Wolf of Cryptostreet! Could be genuine and I'm sure Floyd's financial team are rallying around all sorts of new investment opportunities all the time so it could be genuine but as you say a lot of people might lose their asses! 

Keep up the good work, new follower here.
👍  
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@davidalexander ·
p.s What's the betting McGregor teams up with a Cryptocurrency next just to keep up appearances? haha. Can't wait for fight night!
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@stackin ·
Apppreshhh @davidalexander! People just need to be a little careful these days. Looking forward to your blogs :)
👍  ,
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