Max is mostly just pumping his own coins I think. First it was maxcoin, then startcoin.
OK, one more time for the hard of hearing, and then I'm done.
Max pumped bitcoin and Maxcoin at the peak and lost his fans tons of cash.
Now whenever he says "buy bitcoins everybody," he must (
MUST)(or else he is at risk for getting sued for giving bad investment advice, like that awful -80% advice he gave a year ago) add the disclaimer:
"Buy bitcoins, smartcoins, etc.." because that way he can't be blamed for misleading people into an investment that loses 80% of its value (like he did last year).
Would you keep pumping an investment that just lost 80% when you could add a simple disclaimer, and keep pumping it and be guaranteed that you could never be called a scammer?
Because Max is smart, he can now pump bitcoin (with the smartcoin disclaimer) blindly, and for the rest of his life and never ever have to worry about being "wrong"
So if all I have to do to be "right" or "correct" forever is say "bitcoins, smartcoins, etc" instead of just "bitcoin" (when telling people what they should do with their money)(you try telling people what to do with their money and then you just might get it) then that is what I am going to do. Max is smart because he knows how to mitigate risk to his
reputation, which is key to the success of his show.
If you tell people to buy BitShares and the prices crashes 90% and everyone quits listening to you, then so what, you just change your name on the forum and come back babbling incoherently. If Max tells people to buy bitcoin and it crashes 80% then he cannot just change the name of the Keiser Report. he needs another option. A disclaimer of sorts (if he is smart).
If you think that by Max saying "smartcoins" that this was anything but him understanding that he looked like a major asshole last year when he explicitly told his viewers to buy Maxcoin at 10x todays prices, then you obviously think that Max is proud of losing his fans 90% of their investment, and are therefore dumb.
Or maybe you are right, and Max is glad that he scammed people out of 90% of their investment, and he is so happy, he can no longer speak coherently on camera (which is why he said startcoins twice)
OK, you win. Max Keiser is a great big scammer who is not only proud of losing his fans 90%, but he is much too stupid to comprehend the incredibly difficult concept of a "price stable cryptocurrency" (whaaaa?).
You guys here are waaaaaaay smarter than that globe-trotting bitcoin millionaire with his own show.
Oh, and one more thing....
wait for it....
I'm Fuck Theman