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Topic: EOS ICO SCAM 👺👺👺 Wow! Can you believe this? 👺👺👺 - page 12. (Read 40384 times)

full member
Activity: 336
Merit: 101
EOS is probably not a scam but its a cash grab for sure.

Yep. The valuation is pretty high already. Good job from Dan Larimer, as usual (Note: Steemit was and is great btw!).

I believe that there is too little room for this project to grow now. I participated ot the ICO and sold all my tokens quickly. A steal for a Steal.
Now I focus on smaller caps, more profitable coins.

full member
Activity: 672
Merit: 176
Well, at the current rate, their ICO will rake in more than a billion. Well if they succeed, good for them. It's true that Dan's cat could use a golden shower. Grin

I find it hard to believe that that will happen. At some point over the next 9 months or so, demand should fizzle out, and people will start getting EOS for less than the early buyins got them for. At least that's what I'd expect to happen. A billion dollar just for the coins seems insane. In the meantime, they keep going steady at 2-3 million/day
I would not rule out anything in this life. So you can tell a lot about relative and other projects, but we should judge by results and not by talking and other forecasts.
newbie
Activity: 1
Merit: 10
Well, at the current rate, their ICO will rake in more than a billion. Well if they succeed, good for them. It's true that Dan's cat could use a golden shower. Grin
full member
Activity: 364
Merit: 101
Well, my wish is for EOS to be successful. I am not an investor but my wish comes for the sake of those who are.
The red flags raised are explained in detail on the below YouTube video from a programmer.
https://www.youtube.com/watch?v=J4ArKHie9Lw&feature=youtu.be
member
Activity: 91
Merit: 10
i guess i found this thread to late....

but wanted to share my EOS, ICO experiences... which are fishy as hell imho..

Naturally if i join a ICO i would hope for a better price then i can get on the exchanges

So we got the 2 Millions Tokens which get distributed  every 23 Hours ..
20 Minutes before the Countdown ended ... there where 5400 ETH collected for this Period ...  that would be still a very good rate to get the tokens for 0.54 USD
3 Minutes before the Countdown ended ... there where 10500 ETH collected for this Period ... that would be 1.05 USD ... and the Rate i would have expected to be.
but then suddenly in the very last Minute ... a whopping 8200 ETH where added.... balancing out the Token Sale to exactly the current Market Price of 1.90 USD

uhmm seriously that felt like the most rigged ICO i ever taken part in.


It's that a ton of buyers (or small number of buyers with a lot of crypto$) are sitting there thinking the same thing that you are, and hit purchase within the last 10-20 minutes.
The effect is greatest in the last minute, since it takes a bit of time to update the numbers, so people are buying without full information.

That it's continued this long is impressive. But you have to figure that at some point the demand drops, and future buyers get them for less than the advance purchasers, which will kill their market.
sr. member
Activity: 294
Merit: 250
EOS is probably not a scam but its a cash grab for sure.
full member
Activity: 196
Merit: 100
Haha, Steemit's not a scam you fumbduckers, nor is Bitshares.

Based on those statements alone I'm betting on EOS to succeed, because you don't know what you're talking about.
member
Activity: 91
Merit: 10
Well, at the current rate, their ICO will rake in more than a billion. Well if they succeed, good for them. It's true that Dan's cat could use a golden shower. Grin

I find it hard to believe that that will happen. At some point over the next 9 months or so, demand should fizzle out, and people will start getting EOS for less than the early buyins got them for. At least that's what I'd expect to happen. A billion dollar just for the coins seems insane. In the meantime, they keep going steady at 2-3 million/day
full member
Activity: 542
Merit: 101
what a stupid post couldnt belive it full of crap. Everyone can call anyone scam fraud and spread FUD... Well what about other ICO's this year? How much of them dissapeared like classic scam? What about all this altcoins/shitcoins?

Do you know Dan? Do you know his team? His projects? Is there something hidden? If you dont like it dont join but you dont have the credibility to classify this as a scam..

Will it be succesfull? Noone really knows, 4 sure not you. Only time will tell and this topic will be timemachine
newbie
Activity: 9
Merit: 0
There are several threads about EOS.io, so I don't know if it was already mentioned, but when your read the EOS Token Purchase Agreement, it says:
"The EOS Tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the EOS Platform. Company does not guarantee and is not representing in any way to Buyer that the EOS Tokens have any rights, uses, purpose, attributes, functionalities or features."

Which means that when (if) the EOS platform goes live, it won't use EOS Tokens that are sold within the ICO, but EOS contracts, which are a different thing.

I almost invested in this one, but this finding made me stay away....
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
Most of the critics aginst EOS coin is relevant to 99% of the rest ico's. Lets check how long scam hyps last... well around 3-4 monts right?! So it is too early to  decide.
Beside this the team looks serious, the conception regarding business is applyable,  the technology behind seems promosing and they got the best code of several coins.
The last is, if you don't like it buy fitness brecelet like this you will know that there are 263 steps to pastry.

The thing is, it will be a 1-year wait AT LEAST to decide if EOS is a scam. We are talking about hundreds of days of ICO, raking in the money. The team is serious... so? Dogecoin team was not serious but it proved more viable than 90% of alts. The technology behind it? EOS is a proven clone of its dev's previous project with the codes only changing the name of the files (github).
newbie
Activity: 1
Merit: 10
as far as I know, the team are palying a big scam at present.

EOS is launched by the team who also operated BitShares and Steemit, and BitShares and Streemit have already been proved scams. so not suprising to hear EOS is scam too.


Scams?? Please put some reasons that why you think steem and bitshares are scams? As far as Steemit is concerned they are among a very few who have a working project. Many bloggers have move to steem to publish their writings. Kindly present some reasons to why you think they were scams.

What part of rigged by design and worse an ICO don't you understand?

Smart guy.. Is it OK for me to hold my hand out for a quarter billion dollars?
Will it be OK because I spent 20k on a billboard?
After all I would be motivated to make newly fabricated coins worth something wouldn't I?

Your motivation... Hmm lemme guess  Roll Eyes

Skipping over what it is and how it works to say it's getting popular is fucking retarded.
LEO COIN was popular.. What does that prove?
That you are scammy frauds supporting what ever pays?

Uuh uuh Spoetnik is spreading his FUD. That means it must be a legit coin after all  Cheesy
newbie
Activity: 10
Merit: 0
Most of the critics aginst EOS coin is relevant to 99% of the rest ico's. Lets check how long scam hyps last... well around 3-4 monts right?! So it is too early to  decide.
Beside this the team looks serious, the conception regarding business is applyable,  the technology behind seems promosing and they got the best code of several coins.
The last is, if you don't like it buy fitness brecelet like this you will know that there are 263 steps to pastry.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
The worst thing about EOS is that as it keeps getting "lower" it keeps looking attractive to new investors, since the belief is that it can recover. So there's more money poured into it, helping sustain the pumps on a daily basis, and allowing the founders to reap their riches patiently.
newbie
Activity: 2
Merit: 0
Quote
I'm not a big fan of EOS  and I don't know anything about BitShares but Steemit is a great project and I don't know why you would call it a scam.

Precisely. Steemit is a great Social Network that is picking up traction. Users are finally being diverse and not Crypto-Centric.

I am surprised people calling EOS a Scam... How can a scam last so long? lol

Same happen to me it is clear to me that Block.one is behind it since they are the only company to profit from it. I will stay away form this ICO until the price drop down to its correct value far bellow 1$
newbie
Activity: 2
Merit: 0
Any proof? Not to say that your arguments are not viable. But in order to make it plausible proof is needed Cry

Com on please I bought in to ICO and feel that been cheted last sec someone pump thousend of ETH in to ico to press the price how has that much money and whom get benifit of it? its easy to folloe the money. I like the coin but totally say everyone to stay away form it untill its find the right walue which is far beloow the current level. how ever they cant pump the price for long finally they it will fall and that is the time to get in it.
full member
Activity: 152
Merit: 100
Don't like EOS either. The founder is so clever that he creates such a method for EOS ico, which is truly will gather people's money. But as of now, I don't see any long invest value of the EOS.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
as far as I know, the team are palying a big scam at present.

EOS is launched by the team who also operated BitShares and Steemit, and BitShares and Streemit have already been proved scams. so not suprising to hear EOS is scam too.


Scams?? Please put some reasons that why you think steem and bitshares are scams? As far as Steemit is concerned they are among a very few who have a working project. Many bloggers have move to steem to publish their writings. Kindly present some reasons to why you think they were scams.

What part of rigged by design and worse an ICO don't you understand?

Smart guy.. Is it OK for me to hold my hand out for a quarter billion dollars?
Will it be OK because I spent 20k on a billboard?
After all I would be motivated to make newly fabricated coins worth something wouldn't I?

Your motivation... Hmm lemme guess  Roll Eyes

Skipping over what it is and how it works to say it's getting popular is fucking retarded.
LEO COIN was popular.. What does that prove?
That you are scammy frauds supporting what ever pays?
newbie
Activity: 5
Merit: 0
Quote
I'm not a big fan of EOS  and I don't know anything about BitShares but Steemit is a great project and I don't know why you would call it a scam.

Precisely. Steemit is a great Social Network that is picking up traction. Users are finally being diverse and not Crypto-Centric.

I am surprised people calling EOS a Scam... How can a scam last so long? lol
newbie
Activity: 9
Merit: 0
i guess i found this thread to late....

but wanted to share my EOS, ICO experiences... which are fishy as hell imho..

Naturally if i join a ICO i would hope for a better price then i can get on the exchanges

So we got the 2 Millions Tokens which get distributed  every 23 Hours ..
20 Minutes before the Countdown ended ... there where 5400 ETH collected for this Period ...  that would be still a very good rate to get the tokens for 0.54 USD
3 Minutes before the Countdown ended ... there where 10500 ETH collected for this Period ... that would be 1.05 USD ... and the Rate i would have expected to be.
but then suddenly in the very last Minute ... a whopping 8200 ETH where added.... balancing out the Token Sale to exactly the current Market Price of 1.90 USD

uhmm seriously that felt like the most rigged ICO i ever taken part in.
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