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Topic: did you know FOIN coin? (Read 300 times)

hero member
Activity: 2156
Merit: 531
January 02, 2020, 02:23:01 AM
#35
it seems like there is hot money there and there is also a community that transfers funds in the sense of money laundering ,I don't want to take it away if someday there will be laws that process it and you better stay away from that hidden and dangerous scheme
member
Activity: 633
Merit: 11
January 02, 2020, 01:54:05 AM
#34
I'm afraid to that kind of Investment, That is not good its like legal pyramiding scheme because they will lock the investors money and they will continue to collect money from investors and it will unlocking slowly. The thing is what if investors will stop investing on that? and all the locked will be unlocked, Who is bankrupt here? The investors right. 
newbie
Activity: 16
Merit: 0
January 02, 2020, 01:38:15 AM
#33
to be honest i never heard of it
sr. member
Activity: 1050
Merit: 256
January 01, 2020, 09:09:45 PM
#32
This kind of coin can naturally be pumped by dev or some whales. In my opinion, rising prices does not mean we can say 'this is a good coin'. Because in fact most of the coins that are fast-rising prices also become a scam. Because dev created a hype to lure people to buy their coins, after they got stuck, the dev ran away comfortably.
hero member
Activity: 1540
Merit: 507
January 01, 2020, 07:00:15 PM
#31
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.


It is really strange and the information about the coin is really limited. Also, You cannot deposit or withdraw it because the coin itself was locked by the devs. If you can look at the circulating supply in CMC it only shows a question mark.


The developers itself is the problem for foincoin. The developer is not wanna transparent about that as the CMC collect the limited data about foincoin. The developer is totally controlling all of the foincoin that were distributed in the market. Some investors said that they can't take their money as the developer didn't even let them all to take their coins.
Not so manu information that can be got through its official TG group. This one is a scam project that anything manipulated by the developers.
sr. member
Activity: 1400
Merit: 259
January 01, 2020, 09:09:20 AM
#30
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.

Already a signal that they are not putting a lot of effort with what they are doing.
This is just non sense and maybe they are hyping the token for their own profit.

It would be best to stay away from those kind of projects or if you are a member of their telegram group. Get away from it as fast as you could and not regret it.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
January 01, 2020, 09:02:05 AM
#29
I just heard about foin token from your news link, when I saw coinmarketcap I was impressed to see that the price reached 3800$ with a Total Supply of 91,200,355 and Circulating Supply is still unknown. It's like a ponzi scheme if I look foin token.
Yes, since investors can't move it to sell. Investors can't sell or do whatever they want, that's why its price continue to increase and no one can dump it. Seeing its circulating supply, you can get suspicious and better if we should keep away with this coin.
sr. member
Activity: 1190
Merit: 257
January 01, 2020, 07:58:22 AM
#28
I just heard about foin token from your news link, when I saw coinmarketcap I was impressed to see that the price reached 3800$ with a Total Supply of 91,200,355 and Circulating Supply is still unknown. It's like a ponzi scheme if I look foin token.
sr. member
Activity: 882
Merit: 251
December 31, 2019, 08:47:39 AM
#27
Do you have any references for that? If this is true then it is confirmed that this coin is a scam, there are people before who made an accusation to this coin, if what you said is true, it can be used as a shred of evidence.

i read all the references from this website https://cointelegraph.com/news/foin-token-scheme-locks-up-investors-money-and-pumps-price
from the article about you will know about them
sr. member
Activity: 1022
Merit: 257
December 31, 2019, 07:57:14 AM
#26
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.



as i know that the team itself trading the coins by using the investor money and i see someone posted that he bought 4.5k FOIN and until now it's already 2 years but he can't withdraw it
Do you have any references for that? If this is true then it is confirmed that this coin is a scam, there are people before who made an accusation to this coin, if what you said is true, it can be used as a shred of evidence.
sr. member
Activity: 1022
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
December 31, 2019, 07:48:25 AM
#25
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.


It is really strange and the information about the coin is really limited. Also, You cannot deposit or withdraw it because the coin itself was locked by the devs. If you can look at the circulating supply in CMC it only shows a question mark.



I have also begun to be suspicious and this FOIN is only listed on the lowest exchange and even has a stock exchange reputation, especially the p2pb2b exchange, maybe both exchanges have been paid so that they are set so as not to open withdrawals / deposits.
Maybe this is a Ponzi scheme?
I think it is actually a Ponzi. Investors cannot get their funds, so how can they get their profit for their investment? Only the devs can benefit from this investment.
For the exchange? It is either being paid or they have a connection to that exchange.
sr. member
Activity: 882
Merit: 251
December 31, 2019, 07:47:24 AM
#24
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.



as i know that the team itself trading the coins by using the investor money and i see someone posted that he bought 4.5k FOIN and until now it's already 2 years but he can't withdraw it
sr. member
Activity: 1330
Merit: 326
December 31, 2019, 07:45:11 AM
#23
Do not fall for it's price. If you will look at their platform, nothing is special. Payment system connecting merchant-user, etc. I am just mesmerized about it's price above $3k.
Seems that this coin is only being manipulated and is suspicious to me. Considering that CMC posted a warning about this coin, then refrain from investing into this.
sr. member
Activity: 1218
Merit: 251
December 31, 2019, 07:37:50 AM
#22
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.


It is really strange and the information about the coin is really limited. Also, You cannot deposit or withdraw it because the coin itself was locked by the devs. If you can look at the circulating supply in CMC it only shows a question mark.



I have also begun to be suspicious and this FOIN is only listed on the lowest exchange and even has a stock exchange reputation, especially the p2pb2b exchange, maybe both exchanges have been paid so that they are set so as not to open withdrawals / deposits.
Maybe this is a Ponzi scheme?
sr. member
Activity: 868
Merit: 333
December 31, 2019, 06:03:27 AM
#21
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.


It is really strange and the information about the coin is really limited. Also, You cannot deposit or withdraw it because the coin itself was locked by the devs. If you can look at the circulating supply in CMC it only shows a question mark.

legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
December 31, 2019, 05:51:25 AM
#20
I see this Foin has a high trading volume in p2pb2b, I don't know what type of altcoin is, I haven't read more about this Foin, but this altcoin is quite expensive, I happen to want to know about this coin so coincidentally discussed in this thread, I know p2pb2b is a market that is famous for its volume bots, so I see the price of Foin prices continue to be pushed up, while I don't see what's interesting on Twitter they worry they are some kind of ponzi scheme site, if YES you should stay away from this altcoin
sr. member
Activity: 2254
Merit: 309
SOL.BIOKRIPT.COM
December 31, 2019, 05:09:05 AM
#19
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.
Maybe looks ponzi because I never hear with this coin and not get information with bigger exchange market for listing this coin on their exchange, how ever if become potential coin and profitable maybe many exchange market will announce for listing this coin. Just my opinion and what do you to do next time depend with you but always keep away from investing with hype coin investment.
sr. member
Activity: 1274
Merit: 263
December 31, 2019, 04:59:53 AM
#18
“We have stopped operation,” says a notice on Financial.org’s site which went up in early September.
is not this old news? https://www.reuters.com/article/us-britain-financial-org/unregulated-firm-financial-org-closes-investors-say-accounts-frozen-idUSKCN1VR23E
sr. member
Activity: 1218
Merit: 251
December 31, 2019, 04:39:06 AM
#17
It seems strange in this FOIN coin can not make deposits and withdrawals on the listed exchange? then who is trading it is possible bot?

Prices are expensive and continue to rise in view of Coinmarketcap fixed but there is no one investor who can make a withdrawal.

sr. member
Activity: 882
Merit: 251
December 31, 2019, 04:07:22 AM
#16
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

yeah i write the title wrong it should be FOIN TOKEN but what do you think about that?
because right now their price is very expensive and right now it's higher than the ETH which is the number 2 coin based on CMC
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
December 31, 2019, 03:45:34 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, 03:29:57 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, 01:00:25 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 31, 2019, 12:55:12 AM
#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 31, 2019, 12:48:14 AM
#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 31, 2019, 12:36:54 AM
#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, 11:48:35 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: 1050
Merit: 269
December 30, 2019, 11:33:53 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, 11:27:09 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, 11:23:05 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, 07:45:17 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, 06:03:43 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, 03:34:59 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, 02:56:02 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, 01:12:11 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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