Topic: Another scam project please stop scamming - page 3. (Read 556 times)

Now i know why some good experts and crypto related media outlets were saying that most of these new projects are scam, i am very discouraged by these new projects and in last 2 years i have seen dozens of failed and scam projects that have resulted in massive loss to investors.

This is nothing new. This has been happening for a very long time. Yet, people still invests on those projects. Like why? Can't they just do some research online before risking their money?
This dumping of tokens by the developers isn't a new thing. They are probably not paying others because they might have even more tokens that they need to dump first.
The volumes like you showed are indeed manipulated using bots.

Any project where the admin shill the token for people to buy more is a death sentence on investors and should never be yielded to. A wise investor or trader will quite the group and do better things with their fund. Also avoid new project with questionable team and unprofessional display. Why don't you invest on already existing project?

Discard them, keep yourself safe, and help others to stay safe.

How many people can we safe from scam Projects actually when people themselves aren't ready to learn what makes a project worth investing money on ? This is not probit exchange fault, investors need to learn why many crypto projects fail and few survived

The truth is that when it involves scamming or scam projects or fake projects; it is not dependent on the project alone.
There are several scam projects that get promoted by peeps on here which isn't good enough.

There are several scam victims that were bodied due to greed which is not fair.
We need more peeps like you who bring out and expose fake projects; and i will like to know if you opened up a scam accusation thread already ? or perhaps one is opened against the project yet ?

Thank you for sharing information about scam projects, this is very useful for members of this forum, so as not to invest in this HUSL coin.
Especially newbies who are often victims of project scams, this is a lesson for all of us to be more careful in choosing projects. Even though
this project was listed on probit exchanges a quite credible, it was not a guarantee. Now scammers are getting smarter in making projects,
it almost looks like legit this hustle project. Hopefully with this topic can preventing new victims.

Very happy to see your post, scammers like these need to be disciplined and banned forever, though this is a prudent move. Even then, many investors will enjoy the benefits if this can be done . Investing in this such a garbage token is very bad move .

therefore, if you see any indication of a scammer, stay away! Moreover, there are indeed many tokens traded that have fake volumes, such as tokens that are in LAToken or P2pb2b exchanges. there are lots of tokens whose volume is 0, really sad

Waiting for them to solve the problem is not wrong, but at least we already know that the project is in trouble and monitored by many people, so it's better not to approach it before the problem is really solved by the team.

With what you have said, I do not deny what you said :
1. Husl IEO price was 0.000008 But Never list at that price but it went to 0.000001
in just one month.
now you will tell me they will be dump by airdropers or bounty hunter no you are wrong they never gave husl to any airdroper and bounty members.
=> Are you sure the price is never up to 0.0000008. Take a look at the Probit chart on February 8, at 7 a.m. (GMT +7) the highest Husl price is 0.0000082
Do you have any proof that they will not pay husl to any airdroper and bounty member 

2.  Second Main Reason Is They Tell Everyone on Jan that they will distribute the coin of bounty and airdrop till February but still not received to any but they delay again to one month . Now they will distribute it till April. Dont know if they will pay in April also. I am not writing this because i have not received any bounty or airdrop coin I am investor in this project and till now i have loss almost all my money which i have put in this project.
=>You say that the airdrop is delayed for up to 2 months, you are right but it does not involve that you as an investor will lose money. Do you understand that when you invest in any project it is risky, no one can guarantee you that investing in a project will never cost you nothing. The risks in the project you have to anticipate and the investment decision is in you, no one forces.
This project is having a problem with the sisteamkoin exchange so the distribution is delayed for a long time, but maybe you get it tomorrow, that's good news.
 
3.This Is the most important point they do manipulation on exchange , they are running bot in trading This All upset me and i lose hope to recover my fund . When i tell the admin of the project they increase price after i told them and they ignore every time. Proof Of Manipulation in their coin in just one day.
=> You said this exchange had bot involvement, maybe you are right, but it was their own exchange and had nothing to do with the project manipulation. If you say price fluctuations are manipulation then you are wrong, this is the market and you should know market volatility is inevitable. And last month the price was dumped so low it was because they had a problem with sisteamkoin and a large number of tokens were stolen and moved dump on some exchanges. But now that problem has been fixed

it's too early to come to conclusions about a fraud project, while we can only speak and cannot prove it. Their CEO is still very enthusiastic about answering the community's questions and the project is still alive. Anyone has been tricked by them, please give me a proof ??

It seems like this project looks good, so I conclude that HUSL is a scam project that can manipulate prices in probit?
I don't think anyone here is discussing HUSL who has cheated its community, but still we have to look at the information correctly because one of them is their own statement.

Yes, without any clear evidence it is not a good idea to get into conclusion about the project and we should give some time for them to prove themselves about the credibility. Many people are still saying the project is running and we should give some time to them and it will help us to find out what exactly happened in the background.

People get easily influenced by words and promises to the point that they don't even bother looking for various information that will support the statements given by the project. They think that it was a good opportunity, however they don't realized that they are being deceived by a fraudster. Convincing them to invest by giving false promises is one of their strategy to exploit the money of other people. Investor should make time and effort looking for a worthy project. They should think before making any decision that may affect their investment.

We are still waiting for them to solve their problems, there is no evidence to prove they cheat, their project continues. But this article says they cheat is incorrect, we just suspect , wait for them to work, all we see in the next few days, this is obviously a problem

At least the team doing somethig on allegation to them but this isnt enough I guess. Most projects are good actor also, sometime an article will be published explaining their response on issue but the truth is, they just making up stories. Im not saying this report isnt true but just saying my experience with some of the previous campaign Ive joined and this is their alibi. Anyway, if the exchange is the one at fault then avoid joining project associated these exchanges.

Stopped discussing this project, they had a latest update on their project. In my opinion, the project is facing a serious problem in the last month and they are trying to overcome it. They were taken advantage of by Sisteamkoin and took away a lot of tokens and dumped it at all other exchanges. They fixed it and the wallet containing the illegal token was locked. Next on the bounty bonus they will be distributing tomorrow morning in New York time and keofm followed by some important project updates.
We have a warning about Sisteamkoin exchange, everyone should be wary and wary of any of the IEOs or listed above.
We can read their update here:
https://t.me/HustleAppChat/32335

There's a clear indication that the project is scam and may keep delaying the bounty hunters and airdrop participants to buy more time and prevent the tokens from dumping. Once they are able to successfully manipulate the value of the tokens and get more persons to buy, they dump the price and exit the market.

There are similar projects that use the same scheme, they would run an IEO to a less standard IEO and would say that it would be lusted there even thought they dont have the intention to, and sometimes they manipulate the market volume in order to attract investors. Those types of schemes has recenty been all over the place of upcoming projects. Only trust those projects that run IEO in trusted exchange.