Author

Topic: Is looq.io Token Sale a Scam? (Read 620 times)

newbie
Activity: 9
Merit: 0
August 21, 2017, 11:29:54 PM
#11
And why admin is not deleting the ann thread??? I mean it's so obvious at this point ... what are they waiting for? More people to get scammed ?!!?
newbie
Activity: 14
Merit: 0
newbie
Activity: 14
Merit: 0
August 21, 2017, 01:25:15 PM
#9
there are no rules so they're not breaking any.

Huh  How bright are you?

There are rules against fraud, even in the crypto world.

Two words: plausible deniability
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
August 21, 2017, 12:37:50 PM
#8
there are no rules so they're not breaking any.

Huh  How bright are you?

There are rules against fraud, even in the crypto world.
newbie
Activity: 9
Merit: 0
August 21, 2017, 07:32:11 AM
#7
OK guys if it is really scam how can this be proved and what's the probability scammer go in jail?

proof is not that hard, just read OP's post and draw your conclusions. Nobody is going to jail, there are no rules so they're not breaking any.

I see, ok thank you for your answer!
newbie
Activity: 14
Merit: 0
August 21, 2017, 07:23:52 AM
#6
OK guys if it is really scam how can this be proved and what's the probability scammer go in jail?

proof is not that hard, just read OP's post and draw your conclusions. Nobody is going to jail, there are no rules so they're not breaking any.
newbie
Activity: 9
Merit: 0
August 21, 2017, 03:05:19 AM
#5
OK guys if it is really scam how can this be proved and what's the probability scammer go in jail?
legendary
Activity: 2688
Merit: 1192
August 19, 2017, 05:12:02 AM
#4
Yes, they put a good amount of work into making the website clean and pretty. I'm interested in new opportunities in VR, so I almost got hooked into it for a min. Thankfully, the Morhaime "quote" really stood out to me so I did some investigating and came upon lots of red flags.

I hope its not a scam for the contributors sake, but all signs point to it being one.

Yes, be very careful with your money online or you will lose it. You should always assume there is only one person behind a website like that until you can really prove otherwise. The 6 images on that website representing "staff" could be lifted off any website from Facebook to hairdresser portfolios, there is no verification that they actually work there.
newbie
Activity: 19
Merit: 0
August 19, 2017, 04:59:48 AM
#3
Yes, they put a good amount of work into making the website clean and pretty. I'm interested in new opportunities in VR, so I almost got hooked into it for a min. Thankfully, the Morhaime "quote" really stood out to me so I did some investigating and came upon lots of red flags.

I hope its not a scam for the contributors sake, but all signs point to it being one.
legendary
Activity: 2688
Merit: 1192
August 19, 2017, 03:21:20 AM
#2
Light details in whitepaper. Inconsistent statements on minimum funding target.  No evidence Mike Morhaime made the quote on the website. No evidence of Steam, Unity, Oculus partnerships. Odd transactions on Etherscan from newly made addresses within the same minute. No posts on their blog. No LinkedIn links on the website for the team. A LinkedIn search turned up nothing on the Ivy League team.

Edit: Regarding the annoucement thread: https://bitcointalksearch.org/topic/annico-looq-decentralized-virtual-reality-platform-75-bonus-active-2069855 Why would rwessels use his own personal account to make the announcement? His last posts were in 2014. Who is Hung_Daddy and why does he keep bumping the thread with stupid questions and editing his posts constantly?

It looks like a typical "ICO" scam but they have put some time into it. If you want to save yourself this hassle in future, you're better off avoiding altcoin trading altogether and stick to a handful of the main cryptocoins like Bitcoin, Ethereum, Dogecoin, Litecoin, etc. It's amazing how many people fall for these scams thanks to a few big words and "Whitepaper" plastered all over the site.
newbie
Activity: 19
Merit: 0
August 19, 2017, 02:58:26 AM
#1
Light details in whitepaper. Inconsistent statements on minimum funding target.  No evidence Mike Morhaime made the quote on the website. No evidence of Steam, Unity, Oculus partnerships. Odd transactions on Etherscan from newly made addresses within the same minute. No posts on their blog. No LinkedIn links on the website for the team. A LinkedIn search turned up nothing on the Ivy League team.

Edit: Regarding the annoucement thread: https://bitcointalksearch.org/topic/annico-looq-decentralized-virtual-reality-platform-75-bonus-active-2069855 Why would rwessels use his own personal account to make the announcement? His last posts were in 2014. Who is Hung_Daddy and why does he keep bumping the thread with stupid questions and editing his posts constantly?
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