I wonder why some newbies stil fall for such words used in such scheme like that. Whatever popular then scammers will grab their chance to scam people like.
Simple, they are attracted to other users profits and income. You cant blame them especially they are in the situation which money is badly needed. This is what I always think about. Some will do anything just to earn so when they saw some ways like mlm and networking, they grab it even they knew that there is something not right in the process. Who would believe a 100k gains? If this is true then everybody is rich already. 
Topic: Beware of loin share -newbies- (Read 318 times)
What funny is the lifetime earning. That's a stupid thing to use for a tag line.
Ever heard+ Turn $1 to 100,000
+ Double/triple your investment while you sleep.
This is funny but what's even funnier is -gullible one- can tumble over for this cheap/funny thing, reason we educate/teach, or explain scam in crypto-coin to those newbies
This investment scheme got tagged by the Philippine SEC on this month where they warned everyone that the company is illegally promoting a investment scheme because they are a unregistered and unlicensed company in the Philippines. FORSAGE particularly is actually growing due to them having local recruiters in countries so they are both in the internet as well as physically that's why a lot of people can be fooled by them if countries like the Philippines won't warn the public against them.
These platforms are only capitalizing on the fact that most of most people participating in their programs / businesses have no idea how cryptocurrencies actually work. The fact that things are tough doesn't mean one should start participating in these schemes. How long until the MLM / ponzi schemes closes – 6 months, 1 year or earlier? After that, what happens next... Find yet another platform to patronize? At the end if the day, It isn't worth it as success in these platforms are usually short lived and on top if that, you start losing credibility among your friends if the platform you referred them closes with their money. It's like shooting one's self in the foot.
Greed leads people to great danger. People are still victims of ponzi and bitcoin doublers scams. I have seen that there are still a lot of people who are attracted to such offers and invest their hard earned money and later lose their own funds. Even people send money to various fake giveaways due to greed.
The number of MLM websites has increased in recent times. The main reason for this is that the market has turned green. So now it is important to check and select well before investing in any type of project.
The number of MLM websites has increased in recent times. The main reason for this is that the market has turned green. So now it is important to check and select well before investing in any type of project.
The person that tried to introduce you to loin share has one thing in mind
+Get more referral and get paid
Desperation is what they have is not that they have your interest, you are here and you are more intellectual positioned on crytocurrency than they are, don't fall for loin share, FORSAGE or ethereum million.
+Get more referral and get paid
Desperation is what they have is not that they have your interest, you are here and you are more intellectual positioned on crytocurrency than they are, don't fall for loin share, FORSAGE or ethereum million.
I made a post about FORSAGE smart contract previously https://bitcointalksearch.org/topic/m.54680733 how this Ponzi scheme has been a hot and selling scheme, after a while it seems to have cooled down in my country and I know newbies I had warned about it coming to give me sad testimony about it, some will be stubborn and now the new one is
Lion share this is very similar with FORSAGE just with a different name LOIN SHARE. If good we want to make use of the lockdown due to covid-19 for the best and come out financially better, but it we should not lose money because of desperation in this lockdown period.
Newbies and everyone be careful with this
This is LION SHARE and they claim to be a smart contract that help you get ethereum by registering with ethereum, and the funny thing is newbie -gullible ones- has already started getting in.
I was checking their article and saw there crazy expectations of ethereum in days, -newbies- ETHEREUM DOES NOT GROW LIKE THAT. And investment that hides the truth from you is fake -growth and drop- are what can happen to any crypto-coin. And there is nothing like adding you into a group in cryptocurrency, not only are some -gullible ones- part of them but they share this foolishness to others.
Newbies beware of this types/kinds
Lion share this is very similar with FORSAGE just with a different name LOIN SHARE. If good we want to make use of the lockdown due to covid-19 for the best and come out financially better, but it we should not lose money because of desperation in this lockdown period.
Newbies and everyone be careful with this
This is LION SHARE and they claim to be a smart contract that help you get ethereum by registering with ethereum, and the funny thing is newbie -gullible ones- has already started getting in.
I was checking their article and saw there crazy expectations of ethereum in days, -newbies- ETHEREUM DOES NOT GROW LIKE THAT. And investment that hides the truth from you is fake -growth and drop- are what can happen to any crypto-coin. And there is nothing like adding you into a group in cryptocurrency, not only are some -gullible ones- part of them but they share this foolishness to others.
Newbies beware of this types/kinds
Someone try to introduce this to me on my WhatsApp since am not aware of all this type of investment or let's say I don't welcome all this. I just shake my head and say not interested to such. I didn't even go further to ask for how it works I just love my instincts.
On their group the give picture image of ethereum price -it can be in covert of the local currency- and they claim that what they have made only newbie that knows not even a grain of wheat, will not understand. They are milking/earning off on cryptocurrency.
That's what you called strategy, they sharing off different ways on how they could attract members just to join. Typical mlm, its same like with traditional networking posting cars that they does not own at all and saying its from their earning through that business.This time they involved crypto in the process and even stating they can gain 100k my God, Vitalik must be frighten already with this propaganda.
Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/
Finally found some legitimate explanation with regards to Ethereum investments LOL!
We have a new era of smart contract Ponzi scheme.
Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/
Finally found some legitimate explanation with regards to Ethereum investments LOL!
That keyword.
"You will never miss a commission."
Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/
Finally found some legitimate explanation with regards to Ethereum investments LOL!
This is fact especially for those people that still believes in Forsage. They should see how Forsage's scheme is exactly a pyramid.
"You will never miss a commission."
Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/
Finally found some legitimate explanation with regards to Ethereum investments LOL!
This is fact especially for those people that still believes in Forsage. They should see how Forsage's scheme is exactly a pyramid.
Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/
Finally found some legitimate explanation with regards to Ethereum investments LOL!
Greed is one of the fastest way to loose it all, and that is what is pushing people to join this ponzi schemes, they wouldn't learn from what mmm has done to them, lots of new Comer on forsage are stucked, no new participants joining, and here comes lion sage again, all ponzi have the same stories, only the early birds cash out
Many people are in a hurry to join and form a team so they can be the early birds of this Ponzi scheme and we all know the earlier you get in, the better chance for you to make huge money and since they are starting out I'm sure many here want to be the early birds I feel sorry for those latecomers, they are the one likely to lose
Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/
Finally found some legitimate explanation with regards to Ethereum investments LOL!
A promise of a lifetime earnings is just there to deceive the gullible ones. Nothing like lifetime earning, failed ponzis and pyramid schemes also made fake promises like this one.
I'm not suprise people still fall for this one, it's easy this days to trick some people by just flaunting wealth on social media or editing a picture. They forgot that they are just early that are also looking to earn commissions from their investments
I'm not suprise people still fall for this one, it's easy this days to trick some people by just flaunting wealth on social media or editing a picture. They forgot that they are just early that are also looking to earn commissions from their investments
You know how they say, "there's sucker born every minute" and scammers are aware of that fact.
unfortunately, this is true, and it will stay true, world will not become a better place
i am rather question myself, is this scam accusation even a good thing, since some of those people would think that you took your share, and now you are trying to disallow others to get their, had those kind of experiences with some people and i am usually skipping to explain someone that this or that is a scam
just let them try for themself, and they will see is it a scam or not
Do people still believe in trash like that? Those who do must be stupid.
But all this is not specific just for crypto, it's not any better in numerous standard pyramid/mlm schemes. You know how they say, "there's sucker born every minute" and scammers are aware of that fact.
@OP you might have a typo in your title, you wrote "loin" instead of "lion".
Greed is one of the fastest way to loose it all, and that is what is pushing people to join this ponzi schemes, they wouldn't learn from what mmm has done to them, lots of new Comer on forsage are stucked, no new participants joining, and here comes lion sage again, all ponzi have the same stories, only the early birds cash out
Many people are in a hurry to join and form a team so they can be the early birds of this Ponzi scheme and we all know the earlier you get in, the better chance for you to make huge money and since they are starting out I'm sure many here want to be the early birds I feel sorry for those latecomers, they are the one likely to lose
Greed is one of the fastest way to loose it all, and that is what is pushing people to join this ponzi schemes, they wouldn't learn from what mmm has done to them, lots of new Comer on forsage are stucked, no new participants joining, and here comes lion sage again, all ponzi have the same stories, only the early birds cash out
Those first people who join this scheme will not be a victim they are professional hunters of many ponzi scheme and they are always looking for a new ways to earn money by a referral option .
The problem I see here is the persons who will be invited by those greedy persons. if you don't have any background in crypto currency and how this things work it is easy for you to believe by just giving you a payment proof. We are in pandemic now and I think they will use this scheme as advantage because many people is looking for a way to earn money and that's not a good way to earn it.
The problem I see here is the persons who will be invited by those greedy persons. if you don't have any background in crypto currency and how this things work it is easy for you to believe by just giving you a payment proof. We are in pandemic now and I think they will use this scheme as advantage because many people is looking for a way to earn money and that's not a good way to earn it.
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