Exit Scam - page 5. | Bitcointalksearch.org

palle11

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Quote from: Adriano2010 on May 18, 2019, 11:56:21 AM

I suggest people to not invest on ICOs, is not good at all, better to buy some good coins and hold for longer for a profit, because if buy on ICOs no one can also guarantee you will get back even half of money invested.

Not all the icos are bad. Some ICO have made people who follow them richer. I think the issue is about knowing a sincere and good project but how to identify them is the problem. Now we are seeing more of IEO, so maybe they can also be tried.

Adriano2010

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I suggest people to not invest on ICOs, is not good at all, better to buy some good coins and hold for longer for a profit, because if buy on ICOs no one can also guarantee you will get back even half of money invested.

rima valen

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at least we also need to be careful to invest in an ICO where the project is very promising but scam, many things happen in the cryptocurency project that doesn't reach hardcap, we just take the pledge for one day we must be careful and vigilant investing in the ICO

richminded

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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/

If they have bounties better to report it now, but i think its too late now since they will exit in the market now. Anyway, this is the reason why ICO is on the bad position its normal and many more project will be just like this so always be careful and don’t invest huge money on any ICO.

disconnectme

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I don't know why some people are feeling surprise about these frequent exit scam we are seen in the space, for me this is just getting started because most of these projects are reaching a very crucial stage in their life cycle and it is a make or break for them, this year and next year we are going to see huge number of exit scams in the space.

neonshium

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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.

cryptoaddictchie

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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/

I cant believe Repux a good team has did something like this. I remember Ive participated on their campaign when Im joining bounty during my early days. Now that this news flash out, everyone should be more careful on dealing with some ICO. That is the advantage of IEO which due diligence is done by the exchange. I like some ICO but the problem here is we cant set completely trusted system since they only running the ICO on a website which is quite easy to set up.

quarkfx

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do research and we should invest if we see fancy stuff and words and invest we will lose for sure , if we want to get profits for our invest we should research properly and invest stay away if there is manipulation

klaaas

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Inside jobs, exit scams and manipulation is something you always have to fear for and take into account it could happen. Morals changes fast for some when they see dollar signs.

bitgolden

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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/

But wait, am I the only one that has this mentality that mere looking at some project name, you would guess its scam because the name doesn’t even sound like it’s representing something professional.

Anyway, people just need to still be more careful, and the way they are grind about this scam, ICO might go aground completely, which will really be bad for the market because ICO was among the factors that made bitcoin witness its high rise in value 2017, which was kind of the peak period of ICOS.

IEO that would have done a great work in the market is being to selective, we just need regulation as fast as possible so that ICO would not die off the market entirely.

LogitechMouse

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Not surprised

. The name of the token looks familiar but I can't remember the project itself.

This is a warning that we must do an in depth research before investing in ICO. Nowadays, ICO scams are everywhere so before you throw your money you must make a basis because that will help you which ICO should you invest your money.

Siren

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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/

For more than a thousand times this scamming from ICO has been tackled here ,with warnings and advices from the experts,the members and from the victims itself so it only means that the prospective victims of these scammers are those newbies here,greeds and noobs but aside from them I believe that they cannot victimized others
But sharing this can also refreshes memories and add awareness to others so they can prevent from becoming a victims

umbara ardian

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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

I was seen this here https://bitcointalksearch.org/topic/repux-joytoken-amazix-investigation-3735010 they kicked team and dumping price for bounty hunter.
let's we have to carefull to following any project and don't washing time.

X-ray

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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/

I know both of that platforms and they were creating non sense idea but what makes people already invested on such scam icos like them. They don't have any strong background and the team was amateur.
Some people have created about awareness of those platforms are scam but not so many people care about that.

abstractednerve

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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!

adzino

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Quote from: Jonking on May 17, 2019, 04:37:05 AM

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/

Sad they ended being a scammer. It's not the first time some ICO performed an exit scam. Sadly, people still fall for those scams even after reading about those fraudulent ICOs online. They are the one who encourage those ICO scammers to scam more people.
Hope at least for this time people actually realize that most ICOs are just scam and do their research before investing on these ICOs.

jhongzjhong

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Quote from: WannaCry on May 17, 2019, 04:40:18 PM

there are so many scam projects/ICO's last 2018... if you manage to research deeply you can tell if they are scam or no,.it's better to invest in existing coins in cmc rather than spending your money on ICO's

I also witnessed these scenarios last year, there's a lot of projects that exit scams and usually those are exchange sites. They can't blame us if we don't trust them anymore because of their outcome project that majority is a scam or not yet listed on an exchange. So, even how many research you have done but if the project will run away after they got they want.

WannaCry

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there are so many scam projects/ICO's last 2018... if you manage to research deeply you can tell if they are scam or no,.it's better to invest in existing coins in cmc rather than spending your money on ICO's

CryptoNurse

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So many exit scams are the reason I wait for a project to be around for 90-120 days before I even think about touching it. Probably saves me more money that it looses me by doing it this way.

joshy23

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Quote from: Ararbermas on May 17, 2019, 12:01:07 PM

Ico's nowadays are not safe actually that's why making research is the most important before putting money ,wherein just to avoid such issues and to assure everything will be fine , because mostly had fake team behind nowadays and very difficult to determine so we must be careful before investing and don't ever jump quickly on it.

Don't jumped without investigating the project and the team, the development can be fake and the whole set up as well, but if you are really care with your money never ever to invest without doing proper investigations, select then pick the best one that you think that will bring something in returned.

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