Topic: Be aware, so many scam coins are around - page 30. (Read 3659 times)
We have seen scam projects in our environment and markets in a very long time, not only today. Especially at the beginning of last year, we saw so many project advertisements that many of these projects had made serious grievances and caused many users to experience serious damage and experience in this investment vehicle. Although the market conditions are bad today, and ICO projects are under-invested, unfortunately, the scammers do not give up on some things and are constantly raising money with different scam projects. The best and most guaranteed way to protect against fraud is through research again. My advice is do not invest 1 USD in any project without doing any research.
I certainly agree with you. There are lots of so called shitcoins around so we should be aware of it. We must be smart enough to choose where to invest. Having enough knowledge about a certain coin is an advantage.
We have got so many scam coin trading in different exchanges,and that is why after some time it will fade away,we just need to be very careful and not invest in scam coin.
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1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
Please also list here which exchange they were/are listed!
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2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
I joined their bounty before and stayed a week there, they pause the campaign! saw that there is no volume on mercatox!
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3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
Thanks for the warning but any proof than that? i want to see more, as of now we can't tell this is a scam!
Luckily now we have ICOEthics to check if ICO project which we're going to invest in is scam or not. As I can see ICOEthics is working really good in this forum by detecting so many scam ICO projects. Let's help ICOEthics find out more scam ICO 
agree with you, mostly ico project start on middle 2018 until now has many of them was fake, after they rob investor money, didnt pay bounty participant, and then run after that.
I don't know how people can get away with this scams. If the development teams are doing the scam then it means that those coins are not safe to invest in and people should find other coins to invest. 
Regarding about those airdrops it depends upon the project and the team.
Looks like their main purpose is really to scam and that is why they are making it higher.
That is already a go signal that it will run at the end. They cannot just give freebies like that for the number of unlock tokens will go higher which means lesser value for their coins.
They cannot sell it but will rely on buyers who will give them ETH or BTC.
Looks like their main purpose is really to scam and that is why they are making it higher.
That is already a go signal that it will run at the end. They cannot just give freebies like that for the number of unlock tokens will go higher which means lesser value for their coins.
They cannot sell it but will rely on buyers who will give them ETH or BTC.
To learn more about the scam projects you need to visit the scam accusation section guys where you can find lot of exposed crypto projects with the proof.
This thread also need to moved there.
I guess it is still right to be posted here since the topic is not just accusing projects as scam ones but what are the scammers' method or how we might fall to scam projects. This thread also need to moved there.
To learn more about the scam projects you need to visit the scam accusation section guys where you can find lot of exposed crypto projects with the proof.
This thread also need to moved there.
This thread also need to moved there.
Profish has not been clarified. And in my opinion, they are too complicated because until now all participants have not received tokens. We really need to be careful when working on the Bounty project. Thank you for your analysis and I think this is very useful.
Now that most of the people are well aware of scam ICOs, scammer has found another way to scam people. I have observed 3 projects till now which I will list here and give you a highlights how they scam people, specially the newbie.
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
Very good analysis, indeed we have to believe that most ICOs are frauds that they use cunning strategies to get big profits in various ways, we have to admit that they are very good with wild marketing schemes so they can attract most people around the world, Thank you for sharing here, but this is no secret, it has been happening in the last few years, now the culmination of problems and unfortunately some of us do not understand everything we have shared here, do not let everything repeat because of ignorance.
Helios is not a scam project from what I can see. I know it a little bit because it is one of the liquidity programs I have been following since last year. I think the specific person you are talking about could be a scammer,,, but this does not automatically mean the project itself is one.
If someone tricks you with Bitcoin, for example, does it make Bitcoin a scam? Of course not, right?
Of course,,, what you say is good to watch out for. Nothing is free that is good in this world of crypto
If someone tricks you with Bitcoin, for example, does it make Bitcoin a scam? Of course not, right?
Of course,,, what you say is good to watch out for. Nothing is free that is good in this world of crypto
Unfortunately the Mercatox Exchange is working in very ugly ways. They are helping the scammers and many people know about it. I think there would be some punishments for that Exchange. There is a finished ICO project which is Athero, they seems to complate the ICO with $20 millions and their coin THO start exchanign in Mercadox. They made a big fake volume and after 20 days (today) there is no buyer left. So i believe that the THO coin will fade with the help of the Mercatox!
Thanks for bringing up here these kinds of information dude, it's very helpful because there are some new in crypto that might be a fool at them. Recently there are a bunch of scams coins out there or probably abandoned by the dev. And yes luckily we have an eagle eye here and catching a ton of scam projects, great work to ICOEthics.
Scammers overs a period of years now have become a big problem to the cryptocurrency community and the government are actually doing thier best to deal with this scams. But we all have to carefull as well
I sincerely have not encountered this new method of scam and I appreciate your post. I have always think the best thing to always do is make well Enough research inthe kind of projects we join to avoid loosing money and time. We need to step up and fight this scammers who choose to steal from the poor other than the rich
Now that most of the people are well aware of scam ICOs, scammer has found another way to scam people. I have observed 3 projects till now which I will list here and give you a highlights how they scam people, specially the newbie.
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
Do you really want to know how many scam sites are there and those who are caught and still running well better bookmark this thread https://bitcointalksearch.org/topic/icoethics-scam-list-2018-2019-5110020 The list keeps growing and I'm sure those on your list are already here people should take a look if the coin they are investing or promoting are already listed.
Now that most of the people are well aware of scam ICOs, scammer has found another way to scam people. I have observed 3 projects till now which I will list here and give you a highlights how they scam people, specially the newbie.
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
This is very fantastic post. You are really fighting corruption and such signals will aid to light off the scam ICO project and when this continues at no time there will be sanity in the ico project. 1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
Now that most of the people are well aware of scam ICOs, scammer has found another way to scam people. I have observed 3 projects till now which I will list here and give you a highlights how they scam people, specially the newbie.
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.
2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.
3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444
Do you really want to know how many scam sites are there and those who are caught and still running well better bookmark this thread https://bitcointalksearch.org/topic/icoethics-scam-list-2018-2019-5110020 The list keeps growing and I'm sure those on your list are already here people should take a look if the coin they are investing or promoting are already listed.
It is already common here,scam ICO are everywhere but the good thing in this thread is that the OP sight a tactics and be specific with the movement of scammers here in the market.
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