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Topic: Exit Scam - page 2. (Read 12430 times)

full member
Activity: 649
Merit: 100
May 25, 2019, 08:02:20 PM
#93
Repux and Joytoken are able to cheat up to $ 5 million, this raises a big question, are investors that much, as long as they haven't learned from people's experiences, or scammers are getting smarter to be very convincing
full member
Activity: 644
Merit: 107
May 25, 2019, 08:00:52 PM
#92
Intensive research such as reading articles is something that is necessary. the more we know, the better, because ICO Scamer is smart, creative, innovative people in doing their actions
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
May 25, 2019, 07:17:58 PM
#91
There are still more shady projects coming up so we all need to be careful. Do research before you invest so its worth to risk. Have more knowledge about the crypto and how it works and if the team is capable of handling it.
I really agree with your words before investing do research in detail so we are likely to avoid losses, moreover investing in ico must evaluate all aspects, teams, roadmap, whitepaper and devloper activities in promotion
But sometimes, even we can get details of the project, it doesn't guarantee for us always to get profit after we follow them for a long time because they can give their promises to make the project become popular.
That will be sad for us because they can easily disappear without we know where they are, and we cannot get our money's back.
The program will be an exit way to scam many people, and meanwhile, we cannot do anything to prevent them and only be careful that we can do to stay away from a similar project.
Maybe ICO for now (but this is only my opinion) like a gambling. Because we can lose a lot of money in there, i talk about risk. And it is not predicted which project is good or not to invest for now.  Grin
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 25, 2019, 06:43:08 PM
#90
There are still more shady projects coming up so we all need to be careful. Do research before you invest so its worth to risk. Have more knowledge about the crypto and how it works and if the team is capable of handling it.
I really agree with your words before investing do research in detail so we are likely to avoid losses, moreover investing in ico must evaluate all aspects, teams, roadmap, whitepaper and devloper activities in promotion
But sometimes, even we can get details of the project, it doesn't guarantee for us always to get profit after we follow them for a long time because they can give their promises to make the project become popular.
That will be sad for us because they can easily disappear without we know where they are, and we cannot get our money's back.
The program will be an exit way to scam many people, and meanwhile, we cannot do anything to prevent them and only be careful that we can do to stay away from a similar project.
full member
Activity: 784
Merit: 100
May 25, 2019, 06:38:30 PM
#89

This is bad, wonder how this scammers sleep at night. Just see how we as bounty hunters hurt when a project exit scam, then imagine how the investors that lost money must have felt. Sometimes, research doesn't even help in identifying this scam projects but we hope this 2019 will be way better.

it has become our risk as a bounty hunter or investor in a cryptocurrency project, so we must always do research to be able to avoid the scam project, by doing research we can still get a scam especially if we don't do it at all, then what do you do besides hoping for the best for the current project conditions besides doing research? because I think it is very helpful if you are really careful about doing research.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
May 25, 2019, 05:08:53 PM
#88
i can feel it, most of scammers utilizing ICO for their scam action to take huge benefit from cryptocurrency new comer, we live at anonymous world where we cant find identified users among us. so doing very proper research are highly recommended before doing anything here. trusting somebody without proper research will leads us into bankcruptcy or fraudulent. And again, dont trust anybody who offer some specified benefit to join their investment without any research, the forum provides us everything, so learn about it.
copper member
Activity: 476
Merit: 4
May 25, 2019, 04:54:54 PM
#87
Actually, it hurts! Because when you believe in someone and then they betray you! Repux and Joytoken both looked very promising! One of the leading ICO management team amazix did promote for them! Joytoken and Repux both were from the same CEO! After finishing the ICO, these both projects cheated with the bounty hunters, then I did not see their any good progress and now they are a scam! How can you believe in an ICO after this? When everyone has no intention to think about the scam because of their team members, the working system, activity everything was such good and now they are a scammer! Sadly true!
This is bad, wonder how this scammers sleep at night. Just see how we as bounty hunters hurt when a project exit scam, then imagine how the investors that lost money must have felt. Sometimes, research doesn't even help in identifying this scam projects but we hope this 2019 will be way better.
hero member
Activity: 1876
Merit: 512
May 25, 2019, 04:14:05 PM
#86
I don't know why people are surprise by this, this was what I suggested would happen this year and many more to follow. The rate of scam is the space is very alarming and the lost surprising thing is that some of the so called Crypto influential knew that some of these projects are scams and they continue to shill it to investors, take their cut and dump on the market because it is not their money and have nothing to loss
sr. member
Activity: 868
Merit: 251
Sovryn - Brings DeFi to Bitcoin
May 25, 2019, 03:18:19 PM
#85
There are still more shady projects coming up so we all need to be careful. Do research before you invest so its worth to risk. Have more knowledge about the crypto and how it works and if the team is capable of handling it.
I really agree with your words before investing do research in detail so we are likely to avoid losses, moreover investing in ico must evaluate all aspects, teams, roadmap, whitepaper and devloper activities in promotion
full member
Activity: 938
Merit: 102
May 25, 2019, 02:45:49 PM
#84
There are still more shady projects coming up so we all need to be careful. Do research before you invest so its worth to risk. Have more knowledge about the crypto and how it works and if the team is capable of handling it.
full member
Activity: 941
Merit: 100
May 25, 2019, 12:51:51 PM
#83
It is sad because they could have made a lot more money if they actually went through ad developed a useful product.  I guess they just got lazy and saw the easy money up for grabs.  No doubt they will rinse and repeat and continue to make more new projects like this.
I think they will decrease. because the ICO no longer has many interested ones. whereas to be able to enter the IEO I think there are additional requirements that they must do. maybe they can enter an exchange that doesn't have a good name, but that won't attract investors.
hero member
Activity: 1218
Merit: 534
May 25, 2019, 12:34:53 PM
#82
It is sad because they could have made a lot more money if they actually went through ad developed a useful product.  I guess they just got lazy and saw the easy money up for grabs.  No doubt they will rinse and repeat and continue to make more new projects like this.
member
Activity: 448
Merit: 10
May 25, 2019, 12:19:34 PM
#81
I think that today there are many opportunities to create fake information, websites and other resources to be able to deceive the investor.  In order to survive in the cryptocurrency market, you need to see some real regulatory rules in order to reduce risks and calculate, as well as punish fraudsters.
hero member
Activity: 2912
Merit: 642
May 22, 2019, 10:54:08 AM
#80
We are losing a lot of investors because of this kind of scams.
8m? Damn that was really high. They both hit their soft cap and yet why they did not just continue the project.
That is, if there is really a real project behind it.

Scammers now are full of efforts creating websites and roadmap and a fake team. Just like you said, a deep research is needed.
The suspicion was seen here, that was already a go signal to stop investing with them. Just one suspicion and be doubtful, dig deeper.
sr. member
Activity: 1876
Merit: 289
Zawardo
May 22, 2019, 09:24:03 AM
#79
Nowadays many scam ICO's like this, investors should careful what they invest, it is really difficult to determine which ICO are legit because some of them looks like legit and convincing, but a scam.
legendary
Activity: 1638
Merit: 1046
May 22, 2019, 09:00:45 AM
#78
There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/
We have a lot of scam in the crypto market and a lot of investors are realizing this already this is why the ICO market is already going down and will still continue to go down until every one move to a better method of crowdfunding which includes IEO or STOs which are regulated by trusted body, though it is possible for scam to come to the IEO market but it would be so easy to detect because this scams can only be carried out by new exchanges.
There is no system that can ever be free of scam, sooner than later, these crowd funding means will still count their own scam too, they must surely be dared by these scammers. The only thing that will make STO own different is that they can easily be caught which still guarantee smart scammers wont doesn’t get away even though their identity is known.

We still need ICO and what we need to do for ICO is to be its security, starting from bounty hunters, most especially, bounty managers, we should only promote trusted and verified projects, there is no method Binance is using for their IEO that project managers too cannot use before engaging bounty hunters, all it requires is a very thorough research to be done.
Bounty manager should be required to be trusted because there are newbie campaign managers which we think all newbie manager are scammer and owns ICO project.

And let's hope that other bounty hunters should realize that bounty campaign which promotes ICO is almost scam they shouldn't support those ICO that has newbie account as campaign manager because they are always scamming many members here on the forum.
sr. member
Activity: 2422
Merit: 357
May 22, 2019, 08:31:47 AM
#77
There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/

We cannot blame them all because there are also a lot of ICO scams which is too good to be legit. They are also evolving and knows what people knows about a legit ICO project. As long as there are opportunities, scam will exist. Just be too extra careful with unknown things.
member
Activity: 658
Merit: 11
May 22, 2019, 06:42:26 AM
#76
.....................
We still need ICO and what we need to do for ICO is to be its security, starting from bounty hunters, most especially, bounty managers, we should only promote trusted and verified projects, there is no method Binance is using for their IEO that project managers too cannot use before engaging bounty hunters, all it requires is a very thorough research to be done.
It was originally conceived. But few follow this. Many are interested in quick easy money.

As long as this industry stabilizes, scammers will rule in crowdfunding. How to get ICO and bounty managers to do honest, thorough research and leave scam projects?
legendary
Activity: 2996
Merit: 1188
May 22, 2019, 04:35:34 AM
#75
There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/
We have a lot of scam in the crypto market and a lot of investors are realizing this already this is why the ICO market is already going down and will still continue to go down until every one move to a better method of crowdfunding which includes IEO or STOs which are regulated by trusted body, though it is possible for scam to come to the IEO market but it would be so easy to detect because this scams can only be carried out by new exchanges.
There is no system that can ever be free of scam, sooner than later, these crowd funding means will still count their own scam too, they must surely be dared by these scammers. The only thing that will make STO own different is that they can easily be caught which still guarantee smart scammers wont doesn’t get away even though their identity is known.

We still need ICO and what we need to do for ICO is to be its security, starting from bounty hunters, most especially, bounty managers, we should only promote trusted and verified projects, there is no method Binance is using for their IEO that project managers too cannot use before engaging bounty hunters, all it requires is a very thorough research to be done.
full member
Activity: 882
Merit: 104
May 21, 2019, 07:41:44 PM
#74
There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/
That's true it's really important the deeply research it comes to investing or else we regret after. Because as of now many projects turns to scam so we need to be vigilant and observer. In crypto you can't analyze if the project is real or not because some projects looks legit but in the end it will end to scam.
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