DO YOUR OWN RESEARCH
Added 2023-07-17 05:28:31 +0000 UTCHello! Today I want to tell a story about someone that I've had the unfortunate experience of watching go through 3 failed projects in a row.
As a quick update, I've been working a new case: SAFUU. An absolutely ludicrous project, with a surprisingly large following who are now furious that the project they did their own research on, turned out to be a scam.
Comments
As a recurring bit, it would be interesting if you had a gullible person who called you or your bartender for advice about the scam he just invested in. It could mostly be a PSA about red flags and an arbitrary "risk of ruin" rating.
Matthew Colter
2023-09-26 09:40:11 +0000 UTCK what project is he in now 👀😬
Benjamin Marley
2023-08-12 02:12:56 +0000 UTCRoman is just trolling all the threads. I would ignore him.
iot-root
2023-08-07 16:42:41 +0000 UTCRoman: I sense a certain degree of empathy towards you. As someone who has observed individuals similar to you for many years, it appears that your mission in life revolves around creating chaos and destruction. However, I want to encourage you to consider the potential consequences of such actions. It's possible that your behavior might lead others to overlook your contributions and perceive you as disreputable. Maybe it's worth exploring alternative ways to interact and engage with the community that could be more positive and constructive. By bringing something valuable to the table, you might find greater acceptance and respect among your peers.
iot-root
2023-08-07 16:41:48 +0000 UTCBeing in twelve step programs where there is a lot of self delusion on many levels and aspects of life helps me understand this man. He thinks he’s gonna win … he has a gambler’s heart and state of mind, low level education and doesn’t seem like the brightest bulb in the chandelier. If you watch Intervention, there is an episode w a man who keeps on paying the Nigerian bait and switches in email and his family is warning him, “you’re going to lose the house.” And he says, “but one of them’s got to be real.” The mind is interesting. This guy on Intervention was on pills, I think. That’s why he was featured in the show … but the gambling state of mind is a serious dilemma and coffeezilla’s guy seems to be afflicted w something like it.
Maryzilla
2023-07-27 15:35:14 +0000 UTCHonestly, I respect how you didn't really look down/talk down about this guy. It was really nice seeing that in you coffee.
Vegito99
2023-07-24 16:05:16 +0000 UTCI have to wonder if those who use the "do you own research" line actually know how to tell a legitimate business from a scam. Fake websites that look very legitimate are proliferating. Some even are run by the same company (one company -> many sites with the same story). As such you get a faux vindication as you see the same narrative from apparently multiple sources when in fact they are only one. Almost ALL of these sites have hidden ownership although a sloppy one occasionally crops up. They have strip mall postal box mailing addresses as their place of business.
Dennis Fahey
2023-07-23 20:47:13 +0000 UTCbigggg oof.
Zackery Gordon
2023-07-21 19:47:51 +0000 UTCI wonder what he thinks now that he found he's in a third investigation of yours. "Coffeezilla is investigating this... am I safe???"
A. R.
2023-07-19 22:57:12 +0000 UTCI love that youre going back and revisiting older videos. It's sad seeing people like him exist. If you research where you should put your money, the best bet is always bonds. Hopefully he can get a financial advisor.
Nico Taheny
2023-07-19 01:14:13 +0000 UTCYou're an idiot, the vaccine was very effective in reducing transmission in the first wave and even after it stopped preventing transmission of the later mutations it still greatly reduced symptoms and increased the chances people avoided hospitalization or death. Know anybody who works in a hospital? Know anybody who actually knows what the fuck they're talking about, or do you get all your science facts from YouTube?
James Geers
2023-07-18 18:41:50 +0000 UTCLearn to put a sentence together then il answer you liberal.
Roman
2023-07-18 14:05:30 +0000 UTCTroll much? So you don't think the climate changes and surgeons should stop wearing masks?
iot-root
2023-07-18 13:55:25 +0000 UTCOoof! The comments in here seem overly brutal and cruel. I feel a bit of empathy for this guy as he seems like a genuinely nice guy. Seems like a bit of an unnecessary pile on.
iot-root
2023-07-18 13:53:48 +0000 UTCI don't blame this guy for not being able to tell a scam from a legitimate project. The people who create these projects are doing their best to trick you, and they have some skill in that or they wouldn't ever make any money. No criticism there. But if you keep investing in projects and get burned, losing a ton of money, *don't invest in any of them anymore*. Just learn that you can't tell a good one from a bad one, assume they are all bad, and just stay out of that space completely. It's like someone who goes out to pick mushrooms, and every time ends up in the hospital for poisoning. I don't care if this time you have a really good guidebook and you're pretty sure this is a safe mushroom, you can't trust yourself. This is not a skill you have. Stop trying.
Atama
2023-07-18 00:07:54 +0000 UTCI've been part of SAFUU since it's launch, and knew it was a scam because it's contract had a flaw, but they refused to fix it. I bought in at launch with caution, and made a few bucks however the hype was huge. The whole Defi needs to be regulated as it is 90% scams
Bacon4Life
2023-07-17 21:09:05 +0000 UTCI’ve heard time and again how there’s no way to ‘get rich quick’ and that we should throw our money into ETFs and look away for ten years. However, I think the reason people keep falling for scams is the helplessness of the situation. You can’t make money without money. The inaccessibility of the American dream really seduces people into scams born of their hope.
V L
2023-07-17 21:05:37 +0000 UTCCompelling argument. Did you do your own research to prove that?
Lewis Smith
2023-07-17 18:00:32 +0000 UTCHe reminds me of idiots who believe climate change and vaccines work. Aka the mask sheep. Left wing fools who believe climate change real always for all sorts crypto scams deserve it. They’ll be dead soon anyway that’s good thing lol
Roman
2023-07-17 17:46:44 +0000 UTCYou’re definitely a fool.
Roman
2023-07-17 17:45:45 +0000 UTCYou’re a idiot the vaccine has been proven not to WORK
Roman
2023-07-17 17:45:21 +0000 UTCThis isn't even a Dunning-Kruger Effect -- THAT affects normal people. This guy's an extreme example of a born sucker. Some people will keep falling for anything, born to be conned. They got burned by the last Nigerian Price but THIS Nigerian Price is legit. If this idiot would just take sober advice and invest prudently in Index funds for 20 years, he'd wind up a 50 year old millionaire. Instead he's going to be a 50 year old loser falling for yet another con with whatever money he's scraped together since the last con. Some people are going to be road kill no matter how much you preach to them.
Kevin Furr
2023-07-17 17:32:29 +0000 UTCI think the only change we're going to see in the future is that instead of using Google they will use chatGPT to do their "research"
alphacino
2023-07-17 17:02:25 +0000 UTCI think the situation here is more than just Googling. He Googled the name, saw a bunch of hits pop up about the guy's prior involvement in rugs, and then decided he didn't believe them -- there was evidence, but he was looking for confirmation that this project was the real deal, so he rejected it. Researching for confirmation of the story you want to be true is not research.
Jackalgirl
2023-07-17 16:46:12 +0000 UTCPeople don’t seem to understand that “research” involves months of data gathering and peer review. Not just reading up on something for a few minutes
Jessica Jeffery
2023-07-17 15:45:01 +0000 UTCI really appreciate you sharing this and I hope you do make it public in some way. In the 1.5 years I ran NFTtheft, a twitter account that helped artists who had their art plagiarized by NFT projects, I constantly ran into folks like the victim you are interviewing in this video. They are gambling addicts who view themselves as "investors". The way that the media legitimized these types of cryptoscams also makes it hard for these types of victims to be able to identify their gambling addiction.
Doctor Popular
2023-07-17 15:37:56 +0000 UTCThe reason we have regulations on the legitimate sides of this industry is to help protect the Mom and Pops from the charlatans and the shysters from taking advantage of people that are less knowledgeable in matters of money. FYI, This is the vast majority of us. We all get better at what we practice and are passionate about. Coffee, your videos, content, and delivery are head and shoulders above the videos when you first started. People that have spent a lifetime taking advantage of others also get REALLY good at it. That is why we need protection/regulation from people like this, and why I continue to support Coffee in his endeavors.
Jeff Anderson
2023-07-17 15:04:49 +0000 UTCAs someone who comes from a community of anti-vaxxers, climate change deniers and conspiracy theorists (aka I live in Florida in 2023), i can confirm anecdotally that there does seem to be a bit of an overlap here. Especially the young men out here who, to varying degrees, think the government is out to get them, all seem to be really heavily into the idea of getting rich quick with crypto investments that are to good to be true. Also, EVERYONE out here in my conservative, religious area of FL talks about “doing your own research” and from what I can tell that means to listen uncritically to what people tell you on TikTok or Facebook videos as long as it confirms your pre-existing world view.
FoFo
2023-07-17 15:01:46 +0000 UTCA mediator once told me that I could not expect people to openly admit to a mistake. I should rather make a step into their direction and see if we can manage to work together. The best outcome is, that they would appologise for the consequences of their mistake - but never that they did it.
marsmensch3003
2023-07-17 13:51:20 +0000 UTCThe Dunning-Kruger Effect?
Dennis Fahey
2023-07-17 13:32:16 +0000 UTCI hate this "do your own research" thing. You see it in conspiracy theories too, anti vax, alt right, stuff like that. And if your own research doesn't match what they think then your research is wrong. The phrase means as much as "trust me bro"
Robin Syl
2023-07-17 13:26:14 +0000 UTCThe failures of "do your own research" tend to have a reverse survivorship bias. We only become aware of the failures. The person that successfully "does their own research" avoids disaster and won't show up on your channel, or probably any channel for that matter.
The Last Scientist
2023-07-17 13:03:01 +0000 UTCThis man saw a carrot dangling and he YOLO'd for a big win. The carrot wasn't real but that wasn't enough to wake him up.
g0at
2023-07-17 12:56:47 +0000 UTCExactly. I kind of can't feel bad for this guy
Zorana Gavrilović
2023-07-17 12:49:52 +0000 UTCI consider all crypto projects scams. These guys are just living on hopium. "I want to believe!!!"
Eric Morin
2023-07-17 12:35:05 +0000 UTCGambling addiction? I think so
David Coeyman
2023-07-17 12:32:01 +0000 UTCFool me one time, shame on you Fool me twice can't put the blame on you
Alec Sassin
2023-07-17 12:18:08 +0000 UTCCoffee you should have a debate with Jason Calacanis about accredited investors in a future video! I don’t know him personally but he’s been quite open about his view of accredited investors and I’m sure it would be a great debate for both of you
Phil Langlois
2023-07-17 12:14:09 +0000 UTCDunning Krueger in full effect. Research is not Google. Wow.
Mik Quinlan
2023-07-17 11:30:44 +0000 UTCIn Soviet Russia...
Robert Klitsch
2023-07-17 09:22:29 +0000 UTCYou also see this rhetoric a lot with antivaxxers, climate change deniers and other conspiracy theorists, it's a strange combination of stupidity and narcissism to think you can know better than a body of experts overwhelmingly in agreement. I wonder how much overlap there is between these groups...
Lewis Smith
2023-07-17 07:30:04 +0000 UTCThis guy on Reddit says he's part of a discord that has extensive research into Brian (the man behind Safuu) maybe it's worth getting into contact with them. https://old.reddit.com/r/SafuuInvesting/comments/zxmnaf/trust_lies_and_credulity/jcb2cej/
Paul Dejean
2023-07-17 06:59:27 +0000 UTCHe's an addict. Whether he views himself that way or not. In reality that is what he is.
Brian Gibson
2023-07-17 06:51:00 +0000 UTCI was coming to suggest the very same thing.. I feel some education would be a great idea, and if you save just one or two people from making that mistake it would be worth it.. perhaps you could take a real world example of someone a bit shady.. do the good old google search and reveal what comes up that doesn’t look too awful, but then show what questions to ask, what to think about and to look for beyond that, do those searches and bring up the shady stuff you have to actually dig for?
lulu Gregory
2023-07-17 06:44:24 +0000 UTC“...Fool me once, shame on -- shame on you. Fool me -- you can't get fooled again.” - George W. Bush
Deehoi
2023-07-17 06:33:54 +0000 UTCYou’ll be surprised what’s possible at a trickle down level as your influence grows, 2.97m followers, you’re morphing into the education of scams and not just the revealer of scams.
Gary Woodhead
2023-07-17 06:17:20 +0000 UTC1) Does it sound too good to be true? > Yes > SCAM v No v 2) Are the people behind the project actively hiding their identities? > Yes > SCAM v No v 3) Does ANY person behind the project have a previous record of scamming / lying related to ANY previous business venture? > Yes > SCAM Absolute basic questions to follow.
Benny
2023-07-17 06:13:16 +0000 UTCI often find plumbers/electricians to be far more intelligent than office workers. They have a certain life understanding that many people lack. Anyway, the point is that we can’t bubble everyone from scams. Simply shed light onto it, keep doing what you’re doing. I think, people understand crypto as a synonym for scam anyway at this point. Long gone should be the days of the honest single mother attempting to better her future only to be rug pulled in a crypto scam. People won’t gasp in disbelief, they’ll roll their eyes in disbelief that the person believed these often fanciful, ridiculously named, projects. Appreciate the extra content, looking forward to your future videos.
Adam Stenning
2023-07-17 06:11:33 +0000 UTCThe people who need to watch that content unfortunately do not watch that content.
Coffeezilla
2023-07-17 06:11:03 +0000 UTCI feel bad for this guy :( not the brightest bulb in the chandelier
Sarah Ward
2023-07-17 06:03:26 +0000 UTCUnfortunately, crypto as a whole has reached a point where getting scammed is the new default expectation, which leads victims to immediately blame themselves for not doing enough research. It's literally fraudsters' utopia.
Benny
2023-07-17 06:01:05 +0000 UTCWhat are the questions one should be asking when doing own research?
Josh Foti
2023-07-17 06:00:44 +0000 UTCGreat work Coffee!
Magic Plants
2023-07-17 05:59:01 +0000 UTCYou are the man coffee lol
Chris Mackinnon
2023-07-17 05:51:34 +0000 UTCI had an uncle who had aspergers or something (idk if he was diagnosed or not) People would often take advantage of him, basically strangers asking to borrow money and never coming back. These people feel like a version of that. Whether it's due to some disability or just being so desperate to get rich quick like a gambling addict, idk.
BrandEver
2023-07-17 05:49:31 +0000 UTCPeople don't know how to actually do research. Websites to view. Collections to analyze and contrast. It's a big joke.
Nicola Kalderash
2023-07-17 05:41:18 +0000 UTC“He Googled it” !!! Got a great idea for the channel, why not explain some basics of how to do some simple due diligence on a project. Education, Education, Education
Gary Woodhead
2023-07-17 05:36:10 +0000 UTCsimple question to ask yourself "where is the return coming from"
Wai Ning Cheung
2023-07-17 05:33:16 +0000 UTCIn This World You Either Crank That Soulja boy or it Cranks You
Alt-Daemon
2023-07-17 05:32:47 +0000 UTC
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