Topic: EOS ICO SCAM 👺👺👺 Wow! Can you believe this? 👺👺👺 (Read 40368 times)
I can’t really speak for anyone, but the way I understand there are two main points of contention. 1 - premine aka ico and distribution rather than a pow mine from 0 2 - Dan has started and not exactly finished, or at the very least - in many people’s eyes - not seen his previous projects to the end, sometimes things seem to be a little bit of an over-hype, money grab and move on kinds of situations. I think he’s developed decent stuff, and he’s definitely smart and capable, but it’s hard for me not to share the opinion on point 2. In the end, it's a scam? Maybe it's hard to set limits on this unregulated market, it could simply have been overhyping with the intention of obtaining investors.
It is very astonishing to see the cost going up, having been utilized to see it going down more often than not as the supply of the coins develops and develops. It could begin to wind up fascinating, except if it is only a pump and dump.
i do not know if it is Scam of not, but seeing it on the exchange, i was considering buying the coin now that it is down, is it a good idea or i should stay away?
EOS will become the No. 1 platform for business applications. The Uber, Facebook, AirBnB decentralized will be built on EOS. EOS will take an enormous market share from businesses looking to expand their applications and this will lead to an increase in the value of EOS. EOS is a high-performance, scalable blockchain that can be built into enterprise applications.
Ok just a little recap on the EOS fraud
1. there is no EOS platform as of yet, we are talking about a fork of BitShares. again: there is no functional platform whatsoever as of yet. In other words: a mere promise is being sold
2. 1 year long ICO to collect a significant percentage of the entire ETH supply. Nobody would ever need this much money to create the platform. Astronomically more money is being raised than would ever be required. First day (of 350 more days) only: $181,295,950 (ico address here, also note the ETH that has already been moved out)
3. creates a fake sense that EOS is a true competitor to Ethereum, but in reality EOS as of now is a simle token run on the Ethereum platform
4. uses ETH raised in the ICO to generate fake price and fake demand on exchanges
5. let people buy in, milk the crowd who doesn't know better!
==> EOS is a very nifty scam to enrich their founders with ETHER, this is what it's all about
we can safely say that there has not been a scam as advanced as EOS in the crypto sphere up to now.
this is an entirely new level of insanity
Look through it!
yet eos was rated by china as the best coin that defeat bitcoin and ethereum. Eos also has the bedt perfomance in this year, with significant grow. Yeah i do think they dont really need that much money for platform but maybe its for something else, like liquidity, value and many other things. 1. there is no EOS platform as of yet, we are talking about a fork of BitShares. again: there is no functional platform whatsoever as of yet. In other words: a mere promise is being sold
2. 1 year long ICO to collect a significant percentage of the entire ETH supply. Nobody would ever need this much money to create the platform. Astronomically more money is being raised than would ever be required. First day (of 350 more days) only: $181,295,950 (ico address here, also note the ETH that has already been moved out)
3. creates a fake sense that EOS is a true competitor to Ethereum, but in reality EOS as of now is a simle token run on the Ethereum platform
4. uses ETH raised in the ICO to generate fake price and fake demand on exchanges
The price in only hype thing, EOS team use ETH from crowdsale to hype market, they send 20000ETH to Bitfinex and 2000 ETH to Kraken to do hype, for yunbi.com, lixiaolai is an investor/co-owner and he is member of EOS team too, so the hype in yunbi is crazy.
https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx
In summary,nothing much, just hype with the money from investors, not sure whether this is legal or not.
https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx
In summary,nothing much, just hype with the money from investors, not sure whether this is legal or not.
5. let people buy in, milk the crowd who doesn't know better!
==> EOS is a very nifty scam to enrich their founders with ETHER, this is what it's all about
we can safely say that there has not been a scam as advanced as EOS in the crypto sphere up to now.
this is an entirely new level of insanity
Look through it!
I mean we've got Paris Hilton shilling ICO's now. Mayweather was bad enough. Obvious scam artists are going to head to scam city to scam the suckers. I agree, EOS is a big big sophisticated scam.
If it hasn't already been mentioned EOS does have the 2nd highest amount of comments on Github: https://www.cryptomiso.com/ EOS has nearly 5k comments over the past year. Compared to the 236 comments pertaining to Ripple. Whatever problems EOS may have at least there are people involved to solve those problems.
If you've been following EOS on twitter and telegram you will find that they have a very supportive community but I do believe like others say that EOS is extremely centralized and with only 21 block producers that raises concern about the possibility of collusion. It's really anybody's guess right now on how long this blockchain will last or if it will even seen mass adoption.
The lack of wealth in the EOS network shows that the top 1.6% of the holders of tokens control 90% of the offer, and the bottom 44% should do only 1% of the EOS. It's so sad for a decentralized currency
Decentralized for what? That's just a crap thing from EOS team. 4 billions blockchain with so many bugs and as you can see how someone easily discovered a lot of vulnerabilities in EOS. EOS is a joke. I can say that zilliqa has offered a better platform rather than EOS and it's more scalable.
The lack of wealth in the EOS network shows that the top 1.6% of the holders of tokens control 90% of the offer, and the bottom 44% should do only 1% of the EOS. It's so sad for a decentralized currency
EOS maybe scam, maybe not. I prefer to use privacy coins, like PriVCY. Goof project with professional team, not a scam.
We always tend to forget the actual definition of the word scam. Scam we could call only the project, that willingly on purpose, from the very beginning wanted to deceive people and steal their money.
EOS is really an interesting project, I myself invested in it a year ago, though I sold it early. Now it seems to me too high price, as everyone was waiting for the launch of the network. It's time to go for correction
I do not think that all this is true, I think the founders are constantly working on the project and will soon release a new product
Any proof? Not to say that your arguments are not viable. But in order to make it plausible proof is needed 
Great thought, bro. I wish that everybody would have the same attitude towards news, if that would be true, we wouldn't be so volatile about all those fake news spreaded by whales, hope, we will be more careful about the truth.
Binance will support EOS Airdrops: IQ, DAC & EON.
https://bitcoinexchangeguide.com/binance-crypto-exchange-to-support-eos-airdrops-iq-dac-eon/
I think on this news the price should rise. Please tell me where the official thread EOS?
https://bitcoinexchangeguide.com/binance-crypto-exchange-to-support-eos-airdrops-iq-dac-eon/
I think on this news the price should rise. Please tell me where the official thread EOS?
There are certainly some questionable actions taken by the founding members. But lets face it... what crypto project hasn't started out a little shady.
Guys, guys, both EOS lovers and haters!
There is some work for you available!
https://blockchainforums.info/topic/418/jobs-at-block-one-company-which-develops-eos/3
Jobs are very different, from developers to communication specialists and social media.
I would apply but both locations : Hong Kong and Blacksburg are not good for me..
Also I'm not sure their will take me because of skills...
There is some work for you available!
https://blockchainforums.info/topic/418/jobs-at-block-one-company-which-develops-eos/3
Jobs are very different, from developers to communication specialists and social media.
I would apply but both locations : Hong Kong and Blacksburg are not good for me..
Also I'm not sure their will take me because of skills...
I just finished reading through most of this thread (skimmed some, it is long, lol) and I gotta say, WOW. Thanks. Your hard work is much appreciated for posting this topic in the first place, and thanks to everyone for highlighting this.... 
they have great devs and project is on going! why did you say that thing? EOS is in the top 5 right now and its keeps on pumping now a days. maybe you're misleading bout the articles you should read the whitepaper
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