FET & BINANCE Best of Scam ??? - page 4.

ausbit

legendary

Activity: 1330

Merit: 1019

Quote from: xenomorphe1 on May 06, 2019, 01:26:50 AM

Why did you invest so much into this project? But i know, it is too late now. Every new IEO and ICO are great risks for investors.
And currently, only Bitcoin is worth to invest as altcoins are losing value compare to BTC and USDT.
It is better to immediately trade your tokens if you participate in an IEO or ICO. Very very few projects are worth to keep. And they usually don't return at the price they started to be traded. But there is some exceptions and i hope your project is one of them. Good luck with your investment.

Well we can’t really out any blame on the OP, if you look at his explanation very well, you will realize that he knows what he is doing and he did his research very well, and for him to be able to contact the project team later on, you will know he won’t just invest in anyhow project, but is unfortunate that despite his research, he still got scammed.

You know majority of us are so carried way with the trust we have for Binance that we would believe anything of project they bring out through their IEO, I think it is no longer enough to rely on them, we just have to continue to do our own research ourselves.

Whosdaddy

hero member

Activity: 1148

Merit: 527

zgrdyg

full member

Activity: 602

Merit: 105

People just think, because it is on binance it will pump.

But that doesn't always work like that. Next time, do your research better. A very expensive lesson to learn.

timmmers

sr. member

Activity: 1176

Merit: 265

When I am reading it now, I am so thankful that I didn´t buy because I was too late, and many of us just waited in the queue and did not have the opportunity to purchase FET tokens during IEO sales.

But I do not understand why didnt you sell your FET coins after first listing, the price bumped to 2-3x. Roll Eyes

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: nightl on May 07, 2019, 03:37:09 PM

the basic concept is that no one just needs that tokens and so on in all IEO.
Who transfers money to them is investors, hoping to resell more expensive. And who will buy them when he enters the market and immediately falls?
BTW I sympathize with you, this is a very large amount.

That's how important to investigate and not to relied only with the current trends, that amount of investment you've take from a project that you really don't know well really bring stress and a lots of regrets, you can't easily comes up and accused the team behind as mostly early holders dumped everything after seeing decent profits.

fast2fix

legendary

Activity: 1612

Merit: 1001

op tweet it out to cz, you might get answers..

Quote from: makerlink=topic=5138884.msg50940508#msg50940508 date=1557253242

I think that lately a lot of people are already thinking about the fact that cryptocurrency as a whole is a big scam. Therefore, to talk today about the scam of such big players as a whole is already a very big assault. Although I also can not say that it is not.

a lot of people think that yes, it's because of these ieos, icos etc.. it has to change. world never be free of scammers, it is us who has to be vigilant. in crypto not everything is scam, some people are really working hard in projects they believe in. give it 10 more years and everything will sort out.

chocopapaya

full member

Activity: 686

Merit: 131

Well, it can go both ways really.

You can say that investing in anything is risky, and if you lose money it is your fault for taking that risk.
Or you can say that somebody willfully tricked you into getting your money and ran off with it.

The truth is somewhere is the middle I think.
First off, you should expect to lose if you do any ico or ieo.
The numbers don't lie.
91% of startups go out of business within the first two years.

On the hand, there is a lot of evidence that FET is not to be trusted.
I don't think they are intentionally trying to steal your money.
It just sounds like they are grossly incompetent.
Whether cheating or incompetent, the end result will be the same.

nightl

member

Activity: 686

Merit: 12

the basic concept is that no one just needs that tokens and so on in all IEO.
Who transfers money to them is investors, hoping to resell more expensive. And who will buy them when he enters the market and immediately falls?
BTW I sympathize with you, this is a very large amount.

kenelmark

sr. member

Activity: 1204

Merit: 250

Quote from: hummer113 on May 07, 2019, 02:58:19 PM

What are you talking about? We in cryptocurrency market, we have no one promises a return on investment, all investments, we do so at their own risk, hoping to make a profit.

In investment, there is no agreement that all the funds that we have given will be returned, because that must be very careful in making investments either on large exchanges or on ongoing projects.

InGODweTrast3

full member

Activity: 560

Merit: 101

I think profitable flow of new customers and at the same time they do not insure the risks and do not give any guarantees! Great scheme!

okala

full member

Activity: 980

Merit: 114

Quote from: Teawhalee on May 05, 2019, 03:32:43 PM

This is why it’s not good to follow hype in investing into any project. This has been proving over times that Hyip really dosent work out week for people who plan to hold for a while. It just turned them to holders. This is not a scam case , I would say you trusted the project tooo much to deliver and they didn’t do as expected.

I just checked the fetch price on coinmarket cap and it price is very low, but that does not make them scam you may have been tossed into investing in the project by hype but that should not be a guarantee to have turn over of your investment. The market can move which ever ways, what is the link between binance and fetch that binance is mentioned in your post title?

hummer113

member

Activity: 686

Merit: 10

What are you talking about? We in cryptocurrency market, we have no one promises a return on investment, all investments, we do so at their own risk, hoping to make a profit.

makerst

sr. member

Activity: 728

Merit: 252

I think that lately a lot of people are already thinking about the fact that cryptocurrency as a whole is a big scam. Therefore, to talk today about the scam of such big players as a whole is already a very big assault. Although I also can not say that it is not.

Olatunjex

full member

Activity: 1064

Merit: 102

Binance is not a saint when it comes to harbouring scam project, i could remember vividly Centra scam, binance is after the money and not the credibility of the project they are listing, even binance so called dex and centralized exchange which they want to use to get more fund from those who can't afford to pay for it's centralized exchange.

GenjiNakamura

newbie

Activity: 5

Merit: 0

Quote from: freedomgo on May 06, 2019, 08:41:52 AM

I was a member of binance telegram group, I remember his project people love to hype it.
However, I cannot say if this project is clearly a scam because only OP made this accusation with a question mark though.. but the statement is saying it's a scam. The volume is still there actually, trading at over $7million dollars as of this writing so I guess it's just that price dump, besides investing does not guarantee profit.

Go to their group and see, no one is told, investors only need to ask about prices immediately deleted or permanently banned. THEY ARE NOT RESPECTING INVESTORS .. nobody is talking in their group. I agree their prices can't tell them scam but their behavior is like a robber dog
https://serving.photos.photobox.com/916376329ac5f1f5b731b8eb81f121eb66881187760d2be637adc4ce6038e3ad782da753.jpg

freedomgo

legendary

Activity: 3150

Merit: 1148

Fully Regulated Crypto Casino

I was a member of binance telegram group, I remember his project people love to hype it.
However, I cannot say if this project is clearly a scam because only OP made this accusation with a question mark though.. but the statement is saying it's a scam. The volume is still there actually, trading at over $7million dollars as of this writing so I guess it's just that price dump, besides investing does not guarantee profit.

FlamingFingers

sr. member

Activity: 1344

Merit: 288

I was not lucky to buy FET IEO during the sale on Binance launchpad, I bought during exchange listing and I'm so disappointed I bought it after it was listed on the exchange because it keeps dumping almost every day and night, I'm a little bit glad I sold around 8k Satoshi after buying at 12k sat now it's around 2k sat

rjp55

sr. member

Activity: 798

Merit: 250

CurioInvest [IEO Live]

IEO doesn't mean a guaranteed profit. 61 btc is a huge amount to risk in just one token.

Price drop doesn't mean scam. It can happen in any project.

Erickan

member

Activity: 266

Merit: 18

I warned everyone a lot about binance's IEO, it's not as good as people think. Fomo fever enters the IEO of binance because it hopes to quickly multiply profits will kill you. all IEO or ICO are at risk, I don't really like the IEO at all. IEO is just a method to help exchange create more profit for them, not investors, many people still do not understand this.

hell_slayer

full member

Activity: 728

Merit: 139

I'm sorry to hear that you are losing so much money because of a failed investment in FET, but look at the market now. All altcoins are dumped due to the bitcoin rally, so the fact that the FET price is going down does not mean that this is a scam. Now, if now there was an altcoin rally and the FET would continue to go down, then you could start worrying. Be patient and wait for the development of the project if you believe in it, or sell it now in a minus to save the rest of the money . You played the game with IEO and lost ,shit happens Sad

Topic: FET & BINANCE Best of Scam ??? - page 4. (Read 6277 times)