We have few users here on the forum that are promoting this ponzi scheme. Funny thing is that they are hiding behind smart contracts, somehow thinking that it will make them look more legit (it might to less informed), while all profit comes from the new investors.
Somehow they went under radar so far, so here are they:
ANN https://bitcointalksearch.org/topic/forsage-eth-smart-contract-5254401
Archive https://archive.vn/xoXpz
Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=1985
ANN https://bitcointalksearch.org/topic/ethereum-blockchain-matrix-project-the-worlds-first-100-decentralized-5250725
Archive https://archive.fo/S6PUj
Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=1787
ANN https://bitcointalksearch.org/topic/ethereum-blockchain-matrix-project-100-decentralized-5252164
Archive https://archive.vn/xlqtn
Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=1986
ANN https://bitcointalksearch.org/topic/m.54438288
Archive https://archive.vn/dmBZt
Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=1987
Topic: Forsage.io ponzi scheme [Warning] (Read 669 times)
This is the next Bitconnectcoin and Onecoin because they cannot sustain what they are giving to their investors, those making a lot of money here are those early investors and those who has a big referral based,they keep posting their payment proof, to entice newbies to invest, this is not going to last for a year or the authorities will bust this project.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
I have noticed some things that help people to get trapped or make an investment in this site. One is the site design is quite good. others are they have a youtube channel and telegram channel. Where youtube has more than 1k subscribers, and telegram has more than 4k people. It really helps them much to promote their platform.
And yes this type of Ponzi scheme site referral system plays a vital role. People are promoting them without investment to collect referrals. I don't know how the site is still paying or not but it will surely stop to pay the investor very soon. Just ignore them and try to warn your online friend if they try to invest in such type of Ponzi scheme sites .
And yes this type of Ponzi scheme site referral system plays a vital role. People are promoting them without investment to collect referrals. I don't know how the site is still paying or not but it will surely stop to pay the investor very soon. Just ignore them and try to warn your online friend if they try to invest in such type of Ponzi scheme sites .
They then send some blurry screenshots showing how they made alot of money. Except 10 different people sent me the same screenshot, lol
Most probably the same owner who is using multiple telegram account to set the money stealing trap. Just ignore the message and block them. Its not a new thing and they continue their game with the same text by targeting telegram users. 
They use telegram and other SMM to bait new suckers.
I've been pm-ed so many times on telegram for this, promising money for only $12 investment
They then send some blurry screenshots showing how they made alot of money. Except 10 different people sent me the same screenshot, lol
I've been pm-ed so many times on telegram for this, promising money for only $12 investment
They then send some blurry screenshots showing how they made alot of money. Except 10 different people sent me the same screenshot, lol
This is a referral-based project in the tradition of Bitconnect they have the text or words refer and guaranteed income so it contributes to Ponzi scheme the only way they can sustain this project is from new people coming in to pay old members, they have many members now and in my feeds alone, they are making a huge hype on this Ponzi, so beware not to fall on this Ponzi
I don't understand why people fall for this scam again and again. Such a system only pays to the few who joined in early and the rest one just lose their money. Also i am amazed how these scam projects are able to create so much hype
Actually there's less experience member are keep coming back to hyip investment and for sure they are not investing their money but they are earning with referral commission given y those sites,They are targeting the new users which doesn't know on how this kind of investment site works. This scamming by using this kind of scheme will never ends for sure since as long as their are greedy persons who refers an innocent investors just for their own good for sure the hyip makers will continue to create another since this is a easy business for them.
This is a referral-based project in the tradition of Bitconnect they have the text or words refer and guaranteed income so it contributes to Ponzi scheme the only way they can sustain this project is from new people coming in to pay old members, they have many members now and in my feeds alone, they are making a huge hype on this Ponzi, so beware not to fall on this Ponzi
I don't understand why people fall for this scam again and again. Such a system only pays to the few who joined in early and the rest one just lose their money. Also i am amazed how these scam projects are able to create so much hype
This is a referral-based project in the tradition of Bitconnect they have the text or words refer and guaranteed income so it contributes to Ponzi scheme the only way they can sustain this project is from new people coming in to pay old members, they have many members now and in my feeds alone, they are making a huge hype on this Ponzi, so beware not to fall on this Ponzi
What happen: Offering secured profit to their investors
Website: https://forsage.io/
Archive: http://archive.is/jDWd3
Telegram bot: @forsage_io_bot
Ponzi schemes who offer to good to be true profit and sure income to their users are not true so be careful since this thing doesn't exist in this world.
Their site looks good + telegram bot used so no wonder they can deceive newbies for this kind of presentation so beware and stay away.
Website: https://forsage.io/
Archive: http://archive.is/jDWd3
Telegram bot: @forsage_io_bot
Code:
Domain Name: FORSAGE.IO
Registry Domain ID: D503300001183116233-LRMS
Registrar WHOIS Server:
Registrar URL: www.tldregistrarsolutions.com
Updated Date: 2020-04-09T20:35:23Z
Creation Date: 2020-02-09T13:29:54Z
Registry Expiry Date: 2021-02-09T13:29:54Z
Registrar Registration Expiration Date:
Registrar: TLD Registrar Solutions Ltd.
Registrar IANA ID: 1564
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone:
Reseller:
Domain Status: ok https://icann.org/epp#ok
Registrant Organization: Whois Privacy Corp.
Registrant State/Province: New Providence
Ponzi schemes who offer to good to be true profit and sure income to their users are not true so be careful since this thing doesn't exist in this world.
Their site looks good + telegram bot used so no wonder they can deceive newbies for this kind of presentation so beware and stay away.
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