Topic: ICO EXACOIN (Read 147 times)
I have hold exa from ICO start and follow their process. I think this is good project but after Bitconnect stop all of lending crypto is downing.
The most troubling aspect of ExaCoin in addition to being an obvious Ponzi scheme is that it might be a substitute for Chinese scammers skirting the country’s recent ICO ban.
China is the 2nd largest source of traffic to the ExaCoin website after Vietnam.
Chinese scammers must be running the company through Vietnam, or ExaCoin has been able to solicit an unusually high amount of Chinese investment.
The investment is illegal and considering the highly public nature of China’s ICO ban, a big responsibility should Chinese authorities intervene.
To top that there is the obvious Ponzi fraud, common to all altcoin ICO “lending” schemes.
The affiliates of ExaCoin invest real money in exchange for worthless EXA points.
At present, the EXA points are not publicly tradeable and have no purpose outside of ExaCoin itself.
EXA is being invested in within ExaCoin exclusively on the promise of projected returns. It includes the daily ROI that are being paid out as compensation and baseless projections EXA points will rise in value.
The trick behind ExaCoin’s ROI revenue is the usual cryptocurrency trading cliché.
Their website states Exa is a platform that provides analyses and exploits of 1,300 cryptocurrencies market.
Of course ExaCoin does not provide any proof of cryptocurrency trading taking place, much the less any external revenue used to fund affiliate ROI payouts.
New affiliate investment is the only provable source of revenue entering ExaCoin. The use of new investment to pay existing affiliates a daily ROI makes ExaCoin a Ponzi scheme.
If you take a look at ExaCoin’s daily ROI percentage payout, each tier falls short of initially invested funds.
It implies reinvestment is mandatory if a profitable return is to be realized.
ExaCoin’s anonymous owner(s) have to cut and run in turn that balloons out the time, because even at the highest investment tier 2 terms comes to 118 days.
The exit strategy for ICO “lending” Ponzi admins is pretty straight forward.
The admins of ExaCoin’s are flogging off EXA points for 90 cents to $1.30 each throughout December.
In case they attract enough investors, the admins of ExaCoin purchase an altcoin script, convince a few dishonest exchanges to list it, get listed, use that to profess legitimacy and then issue funds invested until the minimum reserve is reached.
ExaCoin will then suddenly stop paying out and the anonymous admin(s) run off with what’s left.
The gullible affiliates of ExaCoin who invested on baloney promises of riches are in the meantime left with an altcoin whose value fast approaches zero.
That is on top of majority of the affiliates losing money on the ROI side of things, as that is how a Ponzi scheme works.
It has been happening time and time again in the MLM underbelly “lending” Ponzi niche. ExaCoin certainly won’t be any different.
China is the 2nd largest source of traffic to the ExaCoin website after Vietnam.
Chinese scammers must be running the company through Vietnam, or ExaCoin has been able to solicit an unusually high amount of Chinese investment.
The investment is illegal and considering the highly public nature of China’s ICO ban, a big responsibility should Chinese authorities intervene.
To top that there is the obvious Ponzi fraud, common to all altcoin ICO “lending” schemes.
The affiliates of ExaCoin invest real money in exchange for worthless EXA points.
At present, the EXA points are not publicly tradeable and have no purpose outside of ExaCoin itself.
EXA is being invested in within ExaCoin exclusively on the promise of projected returns. It includes the daily ROI that are being paid out as compensation and baseless projections EXA points will rise in value.
The trick behind ExaCoin’s ROI revenue is the usual cryptocurrency trading cliché.
Their website states Exa is a platform that provides analyses and exploits of 1,300 cryptocurrencies market.
Of course ExaCoin does not provide any proof of cryptocurrency trading taking place, much the less any external revenue used to fund affiliate ROI payouts.
New affiliate investment is the only provable source of revenue entering ExaCoin. The use of new investment to pay existing affiliates a daily ROI makes ExaCoin a Ponzi scheme.
If you take a look at ExaCoin’s daily ROI percentage payout, each tier falls short of initially invested funds.
It implies reinvestment is mandatory if a profitable return is to be realized.
ExaCoin’s anonymous owner(s) have to cut and run in turn that balloons out the time, because even at the highest investment tier 2 terms comes to 118 days.
The exit strategy for ICO “lending” Ponzi admins is pretty straight forward.
The admins of ExaCoin’s are flogging off EXA points for 90 cents to $1.30 each throughout December.
In case they attract enough investors, the admins of ExaCoin purchase an altcoin script, convince a few dishonest exchanges to list it, get listed, use that to profess legitimacy and then issue funds invested until the minimum reserve is reached.
ExaCoin will then suddenly stop paying out and the anonymous admin(s) run off with what’s left.
The gullible affiliates of ExaCoin who invested on baloney promises of riches are in the meantime left with an altcoin whose value fast approaches zero.
That is on top of majority of the affiliates losing money on the ROI side of things, as that is how a Ponzi scheme works.
It has been happening time and time again in the MLM underbelly “lending” Ponzi niche. ExaCoin certainly won’t be any different.
This doesn't sound good for anyone who is planning to invest in Exacoin. Sounds a lot like Bitconnect.
Do you heard about exacoin ? Do you think it is a spam ico or not ?
Exa is a platform providing analyses and exploits of 1,300 cryptocurrencies in the market
to find the best times and the best prices for the best trading decisions.
Exa is a platform providing analyses and exploits of 1,300 cryptocurrencies in the market
to find the best times and the best prices for the best trading decisions.
there are tons of these trading algo in the market
Just buy ITC IOT chain on Huobi exange
That's why 95% of people lose money in trading... they can't recognize the good deals.
You'll be that one who' will buy ITC IOTchain when it willl be 100$ at coin, I am sure.
The most troubling aspect of ExaCoin in addition to being an obvious Ponzi scheme is that it might be a substitute for Chinese scammers skirting the country’s recent ICO ban.
China is the 2nd largest source of traffic to the ExaCoin website after Vietnam.
Chinese scammers must be running the company through Vietnam, or ExaCoin has been able to solicit an unusually high amount of Chinese investment.
The investment is illegal and considering the highly public nature of China’s ICO ban, a big responsibility should Chinese authorities intervene.
To top that there is the obvious Ponzi fraud, common to all altcoin ICO “lending” schemes.
The affiliates of ExaCoin invest real money in exchange for worthless EXA points.
At present, the EXA points are not publicly tradeable and have no purpose outside of ExaCoin itself.
EXA is being invested in within ExaCoin exclusively on the promise of projected returns. It includes the daily ROI that are being paid out as compensation and baseless projections EXA points will rise in value.
The trick behind ExaCoin’s ROI revenue is the usual cryptocurrency trading cliché.
Their website states Exa is a platform that provides analyses and exploits of 1,300 cryptocurrencies market.
Of course ExaCoin does not provide any proof of cryptocurrency trading taking place, much the less any external revenue used to fund affiliate ROI payouts.
New affiliate investment is the only provable source of revenue entering ExaCoin. The use of new investment to pay existing affiliates a daily ROI makes ExaCoin a Ponzi scheme.
If you take a look at ExaCoin’s daily ROI percentage payout, each tier falls short of initially invested funds.
It implies reinvestment is mandatory if a profitable return is to be realized.
ExaCoin’s anonymous owner(s) have to cut and run in turn that balloons out the time, because even at the highest investment tier 2 terms comes to 118 days.
The exit strategy for ICO “lending” Ponzi admins is pretty straight forward.
The admins of ExaCoin’s are flogging off EXA points for 90 cents to $1.30 each throughout December.
In case they attract enough investors, the admins of ExaCoin purchase an altcoin script, convince a few dishonest exchanges to list it, get listed, use that to profess legitimacy and then issue funds invested until the minimum reserve is reached.
ExaCoin will then suddenly stop paying out and the anonymous admin(s) run off with what’s left.
The gullible affiliates of ExaCoin who invested on baloney promises of riches are in the meantime left with an altcoin whose value fast approaches zero.
That is on top of majority of the affiliates losing money on the ROI side of things, as that is how a Ponzi scheme works.
It has been happening time and time again in the MLM underbelly “lending” Ponzi niche. ExaCoin certainly won’t be any different.
China is the 2nd largest source of traffic to the ExaCoin website after Vietnam.
Chinese scammers must be running the company through Vietnam, or ExaCoin has been able to solicit an unusually high amount of Chinese investment.
The investment is illegal and considering the highly public nature of China’s ICO ban, a big responsibility should Chinese authorities intervene.
To top that there is the obvious Ponzi fraud, common to all altcoin ICO “lending” schemes.
The affiliates of ExaCoin invest real money in exchange for worthless EXA points.
At present, the EXA points are not publicly tradeable and have no purpose outside of ExaCoin itself.
EXA is being invested in within ExaCoin exclusively on the promise of projected returns. It includes the daily ROI that are being paid out as compensation and baseless projections EXA points will rise in value.
The trick behind ExaCoin’s ROI revenue is the usual cryptocurrency trading cliché.
Their website states Exa is a platform that provides analyses and exploits of 1,300 cryptocurrencies market.
Of course ExaCoin does not provide any proof of cryptocurrency trading taking place, much the less any external revenue used to fund affiliate ROI payouts.
New affiliate investment is the only provable source of revenue entering ExaCoin. The use of new investment to pay existing affiliates a daily ROI makes ExaCoin a Ponzi scheme.
If you take a look at ExaCoin’s daily ROI percentage payout, each tier falls short of initially invested funds.
It implies reinvestment is mandatory if a profitable return is to be realized.
ExaCoin’s anonymous owner(s) have to cut and run in turn that balloons out the time, because even at the highest investment tier 2 terms comes to 118 days.
The exit strategy for ICO “lending” Ponzi admins is pretty straight forward.
The admins of ExaCoin’s are flogging off EXA points for 90 cents to $1.30 each throughout December.
In case they attract enough investors, the admins of ExaCoin purchase an altcoin script, convince a few dishonest exchanges to list it, get listed, use that to profess legitimacy and then issue funds invested until the minimum reserve is reached.
ExaCoin will then suddenly stop paying out and the anonymous admin(s) run off with what’s left.
The gullible affiliates of ExaCoin who invested on baloney promises of riches are in the meantime left with an altcoin whose value fast approaches zero.
That is on top of majority of the affiliates losing money on the ROI side of things, as that is how a Ponzi scheme works.
It has been happening time and time again in the MLM underbelly “lending” Ponzi niche. ExaCoin certainly won’t be any different.
Do you heard about exacoin ? Do you think it is a spam ico or not ?
Exa is a platform providing analyses and exploits of 1,300 cryptocurrencies in the market
to find the best times and the best prices for the best trading decisions.
Exa is a platform providing analyses and exploits of 1,300 cryptocurrencies in the market
to find the best times and the best prices for the best trading decisions.
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