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Topic: Is CoronaCoin profiting off death and Infection? - page 2. (Read 378 times)

full member
Activity: 664
Merit: 100
to help the victim? It seems to only utilize the current conditions that are used by irresponsible people. in my opinion it is not appropriate to take advantage of this condition, only for profit.
sr. member
Activity: 1596
Merit: 264
I already saw a similar thread to this pertaining the thoughts of people thinking that this coin is just taking advantage of the current issue we currently have, and I think that's quite not humane of an act actually. They're just wasting their time on a coin that'll surely die especially after the virus settled down. It is just gonna cement its own to history, just telling the future crypto hodlers that there was a coin for a specific issue.

@OP I read that tokens get burned every time a person dies. Its supply is equivalent to the current population of the world which is 7.8 B+
hero member
Activity: 2156
Merit: 803
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The big question that comes to my mind first is why only corona virus?

Using corona virus as Amran to amke money is highly unethical and degrading. You cannot make money from the death of an innocent. But, it is a fact in this world there are many people who earn through death.

Just go to the nearby cemetary at your location and talk to the caretaker there, you will be suprised to hear how many business are running because of death.
full member
Activity: 1946
Merit: 112
The CoronaCoin is a coin developed by a group of 4Chan ( ‘surprise surprise’) activists and developers. While they are adamant that the purpose of the coin is to help raise awareness and funds for the RedCross, there is something distinctly unethical about profiting off the death of others.

Here is why the intention behind CoronaCoin seems a bit sketchy: https://4king.com/whats-up-with-the-coronacoin/?preview=true&_thumbnail_id=27123

Do you think they are profiting off death and infection or actually trying to help?


My opinion is that these people just want to get personal benefits on hype. Again, if we talk about the real threat of infection, then I believe that the danger is too exaggerated. Now we can observe people who are trying to get quick profit and money on it. I would recommend avoiding everything related to coronovirus, and even more so with such projects.
sr. member
Activity: 2268
Merit: 275
I really don't know whether this project will donate and for the victims of this corona virus or just want to make a profit from this disaster, I think it looks strange where people want to handle and stay away from this virus they instead make tokens like this I don't believe that they will donate and to RedCross maybe they have their own tricks so they can make people more trust in this token and I think it's really a strange thing.
hero member
Activity: 2212
Merit: 805
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It's obvious that coronaCoin was created to profit the current Coronavirus epidemic. Desperate times, desperate measures. They're just trying to cash in on the current situation. The only problem is that people will get onboard and become hodlers. Cryptocurrencies like this lose their value when the epidemic is over.

I don't think they trying to help, they just take advantage with the event to make profit. It is risky if you invest that coin because we never know it will crash the price anytime, you know the team can dump all their coins.

Exactly my point, I've seen hundreds if not thousands of such coins created and their existence are often short lived. The team should need sufficient amount to dump on the poor noobs.
hero member
Activity: 2968
Merit: 605
I don't think they created this coin for humanitarian purposes or to help others, but only to ride the wave and exploit the advertising of the name for their own financial advantage, I don't think we can trust...
full member
Activity: 1820
Merit: 107
I find it a weird and shady project it is very obvious that they are just trying to ride the popularity of the recent epidemic that already killed thousands of people in China for me it's not helping at all. I see it as a mockery to all of those victims. the project token symbol is NCOV and its total supply was 7.6 billion similar to the global population today. what kind of picture these people are trying to portray every time there is a death and added to the infected list they will burn the NCOV token. sounds crazy to me.
sr. member
Activity: 1148
Merit: 251
It seems this coin created when ncov occur. I have a doubt on this coin and its just new to my ears. I prefer to invest on top coin that prove it's flow in the market.Im not familiar about this coin instead I will invest that my funds will grow.
full member
Activity: 868
Merit: 116
From this topic, I really have not heard of any coin coronaCoin. Or is it named after the deadly virus, Corona Virus or what? I would want to know about it.
sr. member
Activity: 1876
Merit: 289
Zawardo
I don't think they trying to help, they just take advantage with the event to make profit. It is risky if you invest that coin because we never know it will crash the price anytime, you know the team can dump all their coins.
sr. member
Activity: 1554
Merit: 413
Shocked It is actually being traded on etherdelta and uniswap which I have no idea what exchange is that
https://etherscan.io/token/0x10Ef64cb79Fd4d75d4Aa7e8502d95C42124e434b#tokenTrade

There is also another token called Anti Corona
https://etherscan.io/token/0xb41bc62cde5bd24757e520a349b2682a56d91caf

This is really crazy. Is there really a need for a token for charity and donation? There are already well-known cryptocurrencies that can be use for this purpose.

hero member
Activity: 1932
Merit: 506
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The CoronaCoin is a coin developed by a group of 4Chan ( ‘surprise surprise’) activists and developers. While they are adamant that the purpose of the coin is to help raise awareness and funds for the RedCross, there is something distinctly unethical about profiting off the death of others.

Here is why the intention behind CoronaCoin seems a bit sketchy: https://4king.com/whats-up-with-the-coronacoin/?preview=true&_thumbnail_id=27123

Do you think they are profiting off death and infection or actually trying to help?

The chances that this project is likely a scam is very pretty big, if they want to raise some money to help those people who are suffering from the virus then they can just create thread and a donation address where the donator can send their money. There are many currencies out there that can be use like bitcoin,ethereum and etc. therefore there action is very fishy.

I can't completely say yet that they are scam as I have no proof or solid evidence to it yet but as a crypto investor, this schemes are pretty bold especially if the money that they raise will not be given to the victim instead they will just use it for themselves.
sr. member
Activity: 644
Merit: 257
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This is what you called abusing the news. They know that ncov has been the talk of the town around the globe and they thought they can benefit from the hype that it created since the news got out on every social media

we can use other coins to contribute and donate to help not creating a coin called Corona coin, it's stupid idea

That's more better than creating another shitcoin for this. I admire Binancr for donating money for this cause but the people behind this really lack common sense and not human to even incorporate crypto into the scene.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
They are not trying to help,

As I have read from another site,
"The coin’s creators have tried marketing it as a “2019-nCoV relief effort,” the website shows, by claiming that around 20% of the supply will be allocated for monthly donations to the Red Cross."

Source

It is just their way to market the coin, they are using the coronavirus to get more buyers and I don't think that they are really collecting funds for the victims to help them.
legendary
Activity: 2422
Merit: 1451
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I think it's just a silly altcoin that will die off or change its brand inevitably. No matter how unethical it is to ride on the fame of a pandemic claiming to help victims, it's not something that can be stopped when using crypto. As a matter of fact, back in the day there was a ton of altcoins that claimed to be helping with xyz causes, while in reality they did very little for a real world cause. Wait it off and it'll go away eventually. It wouldn't have any other advantages over older coins anyway, it's just a name.
sr. member
Activity: 2030
Merit: 269
The CoronaCoin is a coin developed by a group of 4Chan ( ‘surprise surprise’) activists and developers. While they are adamant that the purpose of the coin is to help raise awareness and funds for the RedCross, there is something distinctly unethical about profiting off the death of others.

Here is why the intention behind CoronaCoin seems a bit sketchy: https://4king.com/whats-up-with-the-coronacoin/?preview=true&_thumbnail_id=27123

Do you think they are profiting off death and infection or actually trying to help?


Help awareness? The world is full of awareness and I guess Red Cross does not want to receive a donation from a project that profited coming from the infection and deaths coming from Corona Virus, investors should not support this, we already have thousands of coins and a share of thousands of shitcoins but we do not need something like this.
legendary
Activity: 2982
Merit: 1069
I went through that coin out of curiosity. The page is good looking but what they talk about is utter nonsense. They are just another desperate attempt to scam.
And I'm really surprised how many people are falling for such stupid concepts. People should at least try to understand the reality as the scammer would come up with anything to catch the attention of the gullible investors.
member
Activity: 462
Merit: 19
I won't call this 'trying to help', for example few people in crypto space have donated huge money for cure of those who are affected by the virus, it would have been better if we can use other coins to contribute and donate to help not creating a coin called Corona coin, it's stupid idea
member
Activity: 346
Merit: 47
The CoronaCoin is a coin developed by a group of 4Chan ( ‘surprise surprise’) activists and developers. While they are adamant that the purpose of the coin is to help raise awareness and funds for the RedCross, there is something distinctly unethical about profiting off the death of others.

Here is why the intention behind CoronaCoin seems a bit sketchy: https://4king.com/whats-up-with-the-coronacoin/?preview=true&_thumbnail_id=27123

Do you think they are profiting off death and infection or actually trying to help?
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