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Topic: did you know FOIN coin? - page 2. (Read 306 times)

hero member
Activity: 2856
Merit: 644
https://duelbits.com/
December 31, 2019, 02:45:34 AM
#15
There is a friend of mine complaining about this FOIN coin. My friend has invested around $ 15,000 but their funds cannot be withdrawn and locked until now, in fact they continue to postpone withdrawals or deposits to the Hotbit exchange and P2pb2b my friend complains about this FOIN because the funds are not can be pulled at all.

So in my opinion this is just a ponzi scheme with the lure of huge profits, and the high prices they deliberately manipulate so that many are interested.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
December 31, 2019, 02:29:57 AM
#14
Never heard FION coin before your post.Fion coin price is 0.51btc right now but there ranking 2014.if it is good and potential coin then why ranking is high.In 2017 saw many coins which price was so high and finally they Couldn't survive. Let's see what happened with FION & Have less Faith on it.           
full member
Activity: 1638
Merit: 122
December 31, 2019, 12:00:25 AM
#13
you mean its price pumped up more that on what the top 10 coins on cmc have  ? what the heck that is so amazing but strange at the same time ,  it smells so shady to me . and what do you mean by locking investors money ? you mean they lock the coin so that it cant be sellable  ?  that would be the cause of its sudden pump but we dont know if that is only thier plan to prevent dumping and what if they arent really shady at all  ? this would be nice to investors and to the ones that got this coin  .
hero member
Activity: 812
Merit: 512
December 30, 2019, 11:55:12 PM
#12
I have never heard of this coin before, and I have been looking for it at coinmarketcap. It seems that they have marked this project as a bad project and are affiliated with Financial.org. This is a bad organization that is monitored by many agencies, it is best not to invest and be interested in this project, if you don't want to lose your money
sr. member
Activity: 826
Merit: 460
December 30, 2019, 11:48:14 PM
#11
maybe you already know the difference between tokens and coins, which I read in your source FOIN TOKEN not FOINCOIN this would be good if FOIN tokens have their own blockchain so they will become FOINCOIN and those listed on coinmarketcap don't all have good quality even some are deceptive then later on remove from CMC
sr. member
Activity: 602
Merit: 253
December 30, 2019, 11:36:54 PM
#10
Never heard of FOIN before. Based on coinmaketcap the token price and volume is already on 24 Million only on P2PB2B. Like seriously?
I believed that exchange has received tons of bad reviews and red flags all around them. It'd be best to avoid such token. Stay away from shady project such as this, even on cmc website already given us a warning there.
hero member
Activity: 1498
Merit: 785
December 30, 2019, 10:48:35 PM
#9
I also just found out about this coin Foin. after I check at coinmarketcap, it turns out that this coin foin is listed on P2PB2B and Hotbit exchanges.

Exchange p2pb2b is an exchange that has been indicated as a scam and a lot of manipulation. Even information about coin foin is already in the coin market that: "We have received reports that Foin is affiliated with Financial.org, an organization that is on the watch list of a number of regulators. Please perform your own due diligence"
sr. member
Activity: 1092
Merit: 271
December 30, 2019, 10:33:53 PM
#8
As I read the article, it seems the FOIN price is totally manipulated.  There is actually no real trading volume and the price pump was duly created by the coin owner alone creating an illusionary market making people and investors think that the FOIN value had increased.  The mere fact that they locked investors fund/coin is an evidence enough to say that the current price is bullshit.
sr. member
Activity: 1400
Merit: 273
December 30, 2019, 10:27:09 PM
#7
recently i just read news on cointelegraph about this coin https://cointelegraph.com/news/foin-token-scheme-locks-up-investors-money-and-pumps-price
then i try to check on coinmarketcap but the price of this coins right now is more than Top 10 CMC except bitcoin

so did you know about this coin? and what is your opinion about that?

I have only encountered this coin with your post. It seems the coin is a shady coin with a shady project and developers. Coinmarketcap is even issuing this warning about this coin.

Quote
We have received reports that Foin is affiliated with Financial.org, an organization that is on the watchlists of a number of regulators. Please perform your own due diligence.

There is no market cap. There is no circulating supply. This is a risky coin in other words.
legendary
Activity: 3108
Merit: 1029
December 30, 2019, 10:23:05 PM
#6
recently i just read news on cointelegraph about this coin https://cointelegraph.com/news/foin-token-scheme-locks-up-investors-money-and-pumps-price
then i try to check on coinmarketcap but the price of this coins right now is more than Top 10 CMC except bitcoin

so did you know about this coin? and what is your opinion about that?

All of the coins were distributed to the market totally controlled by the developer and the developer itself was pumping the token to make the price worth a lot. but it will be traded on the crap exchange site like p2pb2b forever.
This is not something new to see the team manipulating the price of token with the hopes it can bring a lot of money instantly.
Use all of the money that has already raised from investors to manipulating the market and never let investors to take their money. that's fucking scammer
it's the same as shitconnect
hero member
Activity: 1470
Merit: 509
December 30, 2019, 06:45:17 PM
#5
I found thread started in the first month of this year: https://bitcointalksearch.org/topic/foin-coin-crypto-no1-5094674 A few people have made accusations without evidence, but even if it is not, there is a possibility. Also, another forum member made some claims: https://bitcointalksearch.org/topic/m.53482613
hero member
Activity: 1638
Merit: 518
December 30, 2019, 05:03:43 PM
#4
well . never heard before , and i am quite suprised, because with nowdays price , FOIN can beat bitcoin from top 1. of course if circulating supply around 50-70 millions coins.
and what I regret is the market of that coins is P2BP.
well, i will try research this project,why price so high and etc.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 30, 2019, 02:34:59 PM
#3
What coin is that? it looks a ponzi to me if they are locking up the funds of their investors. Volume is high as per CMC and the price per foin is $4,133. This is huge if you will actually calculate its total supply of 91 million.

You'll already have a thought that there must be something wrong.
member
Activity: 368
Merit: 25
The Standard Protocol - Solving Inflation
December 30, 2019, 01:56:02 PM
#2
I have a habit of checking trends section in which we can see biggest gainers and lossers on coinmarketcap. From that section of coinmarketcap I observed foin price was pumping gradually and I did some Google search about foin and found so many article warning about scam and their involvement with finacial.org 3.5 months ago, You can check this article https://www.google.com/amp/s/coingape.com/an-ico-scam-conducted-by-formula-one-sponsorer/
Foin have ANN on bitcointalk forum which have very very less information about the project which you can check here https://bitcointalksearch.org/topic/annpos-foin-4414872.
sr. member
Activity: 882
Merit: 251
December 30, 2019, 12:12:11 PM
#1
recently i just read news on cointelegraph about this coin https://cointelegraph.com/news/foin-token-scheme-locks-up-investors-money-and-pumps-price
then i try to check on coinmarketcap but the price of this coins right now is more than Top 10 CMC except bitcoin

so did you know about this coin? and what is your opinion about that?
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