news hardware Paid To Predict Bitcoin Price, This Astrologer Now Faces Criticism
Maren Altman, a famous astrologer influencer who offers her services to analyze the market and give predictions for various cryptocurrencies, is currently under fire from critics. After the disclosure of several legal documents that undermine her honesty, the influencer must now be held accountable for possible associations and conflicts of interest.
Maren Altman, the astrologer of Bitcoin and other cryptos
Surely you know Wallstreet traders and their technical analyzes punctuated by multiple charts and curves of all kinds. Only, it could be that this system is no longer up to date…
Maren Altman found another less tedious (but not necessarily more efficient) method. This is based on astrology to predict the price of different cryptocurrencies such as bitcoin or Ethereum. If the method can surprise you, it seems that people are sold on this approach as his YouTube channel has over 200,000 subscribers.
Although everything was going well, despite the crypto winter, the influencer has been convulsed for a few days.
Astrology to predict prices of Bitcoin and cryptocurrencies, but not only…
The crypto-seer is accused of having deviated some of her predictions due to a pure conflict of interest. A court document was posted on Twitter presenting a $30,000 payment to Maren Altman. The issuer of these two transfers is neither more nor less than Celsius Network.
If this company means anything to you, it’s because it became famous after its bankruptcy last July, following the cryptocurrency crash, among others. The crypto lending platform had given a lot to talk about, especially after suspending the accounts of its users. After filing for bankruptcy, Celsius still owes €4.7 billion to its users.
Returning to the case of Maren Altman, it is important to point out that this platform had its own cryptographic token: the CEL. In several of her videos, the influencer notably highlighted the qualities of this platform without mentioning the token. While several such partnerships are common within the crypto ecosystem, in Altman’s case, the problem stems from the fact that the influencer hid the nature of the collaboration from the community from her.
Specifically, Altman’s contract with Celsius states that she would receive $15,000 per month “in exchange for two YouTube mid-roll video ads per calendar month and two mentions of Celsius delivered on Tik Tok.”
Bitcoin astrologer faces a tornado on Twitter
With 1.8 million subscribers on TikTok and its various social networks combined, many of its followers feel cheated. Many believe that the analyzes were skewed because of this association. Several critics on Twitter say that the youtuber would have created a favorable climate despite the problems related to cash flow in Celsius.
“My mistake was trusting Celsius”, “No idea, no visibility in anything other than my marketing campaign”. says Maren Altman at Coindesk, facing accusations for her take on the company’s plight.
In this interview with Coindesk, Altman finally acknowledged that Celsius paid him for this promotion. An ad that she considers “no different from a fashion ad for a company.”
He also took the opportunity to condemn the statements of which he was the target, which he describes as a “witch hunt”. Indeed, since the publication of the incriminating documents, it would seem that the youtuber has become the scapegoat for the Celsius company.
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