Author

Topic: Beware of loin share -newbies- (Read 360 times)

sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
July 26, 2020, 07:56:14 AM
#25
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.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
July 25, 2020, 03:39:20 PM
#24
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
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. these days where there is a pandemic. It may look legit but it's not and that is why more research is needed and if you haven't investigate and search that site then many newbies would fall for that.
hero member
Activity: 1806
Merit: 672
July 25, 2020, 03:28:41 PM
#23
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.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
July 25, 2020, 02:31:26 PM
#22
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.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
July 25, 2020, 01:59:39 PM
#21
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.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
July 25, 2020, 01:20:11 PM
#20
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.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
July 24, 2020, 01:23:44 PM
#19
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

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.
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
July 24, 2020, 09:05:43 AM
#18
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.
legendary
Activity: 3416
Merit: 1225
July 24, 2020, 08:46:10 AM
#17

Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
Now that these developers have found a way to create an MLM and Ponzi scheme soon we will soon see many Ponzi scheme and MLM in smart contracts soon all HYIP and Ponzi scheme will be in a smart contract and not on software script created with back doors these developers can now claim that it's safe and can go on for a long term.
We have a new era of smart contract Ponzi scheme.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
July 24, 2020, 01:01:34 AM
#16

Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
Best explanation between a Ponzi scheme and investing in the market, I'm afraid that many people will fall for this project, because they have a lot of good marketers who are involved here and they can twist the truth about the smart contract thing, some marketers even claimed that it's impossible to lose here because it is written in smart contract verified and cannot be edited.
The image explains the difference between Vitalik Buterin's ethereum and their whatever/whoever owns it ethereum. 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.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
July 24, 2020, 12:49:44 AM
#15
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.
sr. member
Activity: 2030
Merit: 269
July 24, 2020, 12:43:59 AM
#14

Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
Best explanation between a Ponzi scheme and investing in the market, I'm afraid that many people will fall for this project, because they have a lot of good marketers who are involved here and they can twist the truth about the smart contract thing, some marketers even claimed that it's impossible to lose here because it is written in smart contract verified and cannot be edited.
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
July 24, 2020, 12:42:10 AM
#13
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
It's a recycled ponzi scheme, they already have a cacus where they choose to be the first person on the matrix, those are the top admin who always boast of cashing out, but ask them how many of their downlines had cash out they won't be able to provide info, after securing the top then they start their marketing to the public, once they cash out, the system stop flowing, just like million money also
legendary
Activity: 1904
Merit: 1563
July 24, 2020, 12:29:10 AM
#12

Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
sr. member
Activity: 1204
Merit: 388
July 23, 2020, 04:08:00 PM
#11
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
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
July 23, 2020, 03:30:20 PM
#10
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
legendary
Activity: 1722
Merit: 5937
July 23, 2020, 03:13:05 PM
#9

Do people still believe in trash like that? Those who do must be stupid.
Unfortunately people still fall for scams like that,and what's even worse, they still fall for those ridiculous BTC doublers that are most obvious and worst kind of scams, especially when it's held by one of those hacked YouTube accounts.
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".
legendary
Activity: 2450
Merit: 1047
July 23, 2020, 12:24:06 PM
#8
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
Leo
member
Activity: 620
Merit: 10
Trident Protocol | Simple «buy-hold-earn» system!
July 23, 2020, 11:56:20 AM
#7
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
full member
Activity: 896
Merit: 198
July 22, 2020, 11:32:52 PM
#6
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.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
July 22, 2020, 11:44:11 AM
#5
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
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
July 22, 2020, 08:14:04 AM
#4
What funny is the lifetime earning. That's a stupid thing to use for a tag line. As if there is no chance ethereum could go down near zero value. This might be another product of forsage that tends to start soon. Maybe investors that earned a lot from forsage or the team itself will jump into this next one if their forsage soon face bankruptcy. I have a feeling they are one company this will be their next jump off once fordage is dead already.
legendary
Activity: 2184
Merit: 1302
July 22, 2020, 04:11:30 AM
#3
All crypto based Pyramid schems are scams, so stay away
Fiat pyramid schemes are no longer popular, before cryptocurrencies began to be used in pyramid schemes, the scammers used fiat, and now it looks like people are already acquainted with the scam. Now they use cryptocurrencies cause it's popular and many people understand it to be a fast money scheme, the scammers then decorate it with the smart contact bs to confuse newbies, what people do not understand is nothing changed, it's still the same thing, just a different form of money used to scam them.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
July 22, 2020, 03:36:05 AM
#2
100% Decentralized through Blockchain What a Joke!

I assume this is another pyramid scheme where you register yourself by depositing Ethereum and then you get a share when others join.

All crypto based Pyramid schems are scams, so stay away
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
July 22, 2020, 03:21:57 AM
#1
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
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