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Topic: Is pirate chain a scam? (Read 383 times)

member
Activity: 518
Merit: 81
August 11, 2021, 11:50:30 AM
#37
The pirate coin arrr is it a scam?
No! I don't think so. You probably don't know that it was launched in 2018 and the team is still active as they recently listed their token on kucoin (on June 22, 2021)

From my point of view kucoin is a good exchange which often lists only good projects.

But it should also be remembered that they do not think twice before delisting.
If the kucoin team don't get the trading volume as per their requirement, they could delist it any time

Anyway,
If you want to know more about the pirate coin, then here is it's the announcement thread link: https://bitcointalksearch.org/topic/annpirate-chainarrr-a-zk-snarks-only-blockchain-secured-by-dpow-4979549


I think this project is fine, some projects work slowly, it also suffers from it and it is listed on kucoin exchange will be a good project. And not every coin performs in the bull run. There are some coins that perform after the bull run and we can call them long race horses. And maybe that's one of those plans.
sr. member
Activity: 1344
Merit: 250
August 11, 2021, 12:00:24 AM
#36
The pirate coin arrr is it a scam?
the pirate chain is still very proven to still have high trust and listing on a kucoin exchange from where did you get the information that this project is a scam. is still being traded on a large exchange the pirate chain project has high trust in investors, the volume is also quite high, this proves that this project is still running well and has a good vision and mission.
copper member
Activity: 75
Merit: 0
August 10, 2021, 10:28:02 PM
#35
Piratechain is just a token like ERC20s on Ethereum- https://capital.com/pirate-chain-arrr-price-prediction-is-the-coin-a-buy-now I sold my ARRR for 0xMR

This is completely incorrect. If you had done even the slightest bit of research, you'd see that it is an independent blockchain. Sadly, what I think you're attempting to do is FUD.

If people are interested to do proper research, check out the website, github and discord. There is a thriving community.

https://pirate.black
https://github.com/PirateNetwork/pirate
https://discord.gg/Cah2Yfcv6r


Edit:

For those interested to know, it is a 100% private send currency using Zcash's zksnark technology. It was created in a fair launch fashion by the Komodo developers. I invite you to do a bit more reading if you're interested in private cryptocurrencies, it is definitely up there.

The link I provided shows an infograph in which Pirate is a child token of Komodo. Piratechain is a pump and dump project hyped by DollarVigilante. They tried to pump Wownero and nobody bought it so they started promoting Piratechain instead. Most Monero are paid shills from their pump and dump group too. if you buy Monero, Piratechain, or Wownero prepare to be dumped on by DollarVigilante.



If that's what you think, you'll be surprised to know that it is not a child token of Komodo at all. As I stated (and I implore you to read from numerous sources I and others have posted), it is an independent blockchain. This is verifiable by the fact that is it's own blockchain, it has it's own miners, with it's own blocks, with it's own transactions, of it's own coin, ARRR. If you knew the slightest about blockchain technology this wouldn't be a surprise.

I provide this rhetoric merely for others to understand then facts and help them conduct their own research. I am not discussing your opinions on the latter part of your text.

sr. member
Activity: 1876
Merit: 318
August 10, 2021, 03:30:30 AM
#34
The pirate coin arrr is it a scam?
No! I don't think so. You probably don't know that it was launched in 2018 and the team is still active as they recently listed their token on kucoin (on June 22, 2021)

From my point of view kucoin is a good exchange which often lists only good projects.

But it should also be remembered that they do not think twice before delisting.
If the kucoin team don't get the trading volume as per their requirement, they could delist it any time

Anyway,
If you want to know more about the pirate coin, then here is it's the announcement thread link: https://bitcointalksearch.org/topic/annpirate-chainarrr-a-zk-snarks-only-blockchain-secured-by-dpow-4979549

I also don't agree that the pirate coin is a scam project, because the pirate coin team is still actively developing the project. This means that
the pirate coin will still grow and the price may also continue to rise, which convinces me that the pirate coin is a real project, because pirate coins
are listed on several popular exchanges, this also proves that we can use pirate coins for short-term trades. But for long-term investment
I don't recommend it, the risk is quite high for holding pirate coins in the long term.
member
Activity: 588
Merit: 11
Futiracoin.com
August 10, 2021, 02:45:04 AM
#33
There is a possibility that this coin is a scam, but we cannot say this completely, if there is no accurate evidence that we can present, but everyone has the right to analyze any coin as a scam.

I personally haven't studied too much about this coin, so there is no precise analysis to say it's a scam, but the crypto world allows everything to happen, beyond our minds at this time.

Therefore it is not so important for us to do this research, let the actual situation happen to run itself, if indeed we do not hold the coin, this will only be a waste of time for us.

anyways to analyze a coin that is a scam, it will not affect the token to change, what we do now will only make our minds turn to them, even though there are still many other things we have to do.
jr. member
Activity: 840
Merit: 6
August 10, 2021, 01:24:06 AM
#32
Piratechain is just a token like ERC20s on Ethereum- https://capital.com/pirate-chain-arrr-price-prediction-is-the-coin-a-buy-now I sold my ARRR for 0xMR

This is completely incorrect. If you had done even the slightest bit of research, you'd see that it is an independent blockchain. Sadly, what I think you're attempting to do is FUD.

If people are interested to do proper research, check out the website, github and discord. There is a thriving community.

https://pirate.black
https://github.com/PirateNetwork/pirate
https://discord.gg/Cah2Yfcv6r


Edit:

For those interested to know, it is a 100% private send currency using Zcash's zksnark technology. It was created in a fair launch fashion by the Komodo developers. I invite you to do a bit more reading if you're interested in private cryptocurrencies, it is definitely up there.

The link I provided shows an infograph in which Pirate is a child token of Komodo. Piratechain is a pump and dump project hyped by DollarVigilante. They tried to pump Wownero and nobody bought it so they started promoting Piratechain instead. Most Monero are paid shills from their pump and dump group too. if you buy Monero, Piratechain, or Wownero prepare to be dumped on by DollarVigilante.
hero member
Activity: 1064
Merit: 639
August 10, 2021, 12:13:11 AM
#31
The pirate coin arrr is it a scam?
No! I don't think so. You probably don't know that it was launched in 2018 and the team is still active as they recently listed their token on kucoin (on June 22, 2021)

From my point of view kucoin is a good exchange which often lists only good projects.

But it should also be remembered that they do not think twice before delisting.
If the kucoin team don't get the trading volume as per their requirement, they could delist it any time

Anyway,
If you want to know more about the pirate coin, then here is it's the announcement thread link: https://bitcointalksearch.org/topic/annpirate-chainarrr-a-zk-snarks-only-blockchain-secured-by-dpow-4979549
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
August 09, 2021, 10:54:33 PM
#30
This coin had a lot of hype on social media a few years ago. I don't know if it was just paid shills or people who were genuine supporters of this project. I haven't heard to much about it recently but the price has pumped from 5 cents to more than $3 in the past year. It probably benefited from the meme coin hype but this is not sustainable price growth and isn't something I see as a long term investment opportunity.
hero member
Activity: 1470
Merit: 504
August 09, 2021, 10:50:00 PM
#29
I don't really think so, it has a $600M market cap on https://coinmarketcap.com/currencies/pirate-chain/ and as you can see on the market that it was listed on big exchange like KuCoin and Gate.io. I think the OP didn't mean to accuse it as a scam but asking if it was a scam.
copper member
Activity: 75
Merit: 0
August 09, 2021, 10:14:20 PM
#28
Piratechain is just a token like ERC20s on Ethereum- https://capital.com/pirate-chain-arrr-price-prediction-is-the-coin-a-buy-now I sold my ARRR for 0xMR

This is completely incorrect. If you had done even the slightest bit of research, you'd see that it is an independent blockchain. Sadly, what I think you're attempting to do is FUD.

If people are interested to do proper research, check out the website, github and discord. There is a thriving community.

https://pirate.black
https://github.com/PirateNetwork/pirate
https://discord.gg/Cah2Yfcv6r


Edit:

For those interested to know, it is a 100% private send currency using Zcash's zksnark technology. It was created in a fair launch fashion by the Komodo developers. I invite you to do a bit more reading if you're interested in private cryptocurrencies, it is definitely up there.

Best answer in this thread.  Thanks for offering concrete info and links to further information.

Coinmarketcap is not a filter to defend against scams.  It is a simple listing/information service.  They list thousands of coins/tokens, some of which are outright scams and many of which will fail over time.

Thank you Smiley It's a pitty most people won't allocate a minute or two to inform themselves before writing some arbitrary uninformed comment on threads like these. Even worse is when people believe these comments at face value and act upon it. I understand that there is so much information out there that it because quite difficult to conduct proper research, which is why I prefer to provide further reading material and links for those to do their own research. I also encourage people finding other independent ways of researching projects.
full member
Activity: 1050
Merit: 104
August 09, 2021, 01:09:37 PM
#27
Doesn't seem like a scam, arrr has been listed on a number of crypto exchanges, unlike other major cryptocurrencies, cannot be directly purchased with fiat money.
However, you can still easily buy these coins by first buying Bitcoin from any fiat-to-crypto exchange and then transferring to an exchange that offers to trade these coins.
newbie
Activity: 20
Merit: 0
August 09, 2021, 11:06:31 AM
#26
Piratechain is just a token like ERC20s on Ethereum- https://capital.com/pirate-chain-arrr-price-prediction-is-the-coin-a-buy-now I sold my ARRR for 0xMR

This is completely incorrect. If you had done even the slightest bit of research, you'd see that it is an independent blockchain. Sadly, what I think you're attempting to do is FUD.

If people are interested to do proper research, check out the website, github and discord. There is a thriving community.

https://pirate.black
https://github.com/PirateNetwork/pirate
https://discord.gg/Cah2Yfcv6r


Edit:

For those interested to know, it is a 100% private send currency using Zcash's zksnark technology. It was created in a fair launch fashion by the Komodo developers. I invite you to do a bit more reading if you're interested in private cryptocurrencies, it is definitely up there.

Best answer in this thread.  Thanks for offering concrete info and links to further information.

Coinmarketcap is not a filter to defend against scams.  It is a simple listing/information service.  They list thousands of coins/tokens, some of which are outright scams and many of which will fail over time.
member
Activity: 210
Merit: 10
The World's Leading Cryptocurrency CFD Exchange
August 09, 2021, 10:03:01 AM
#25
We cannot say it is scam but Too much sell pressure from The sellers and the Investment groups keeping the price down. Its coinmarketcap listed and we know that coinmarketcap never list scam projects.
full member
Activity: 1064
Merit: 112
August 09, 2021, 09:35:21 AM
#24
The pirate coin arrr is it a scam?

Well, according to the coinmarketcap it is not scam, this is just based on my opinion, as long as there is a cycle moving volume in the market everyday, does not enough to say it is a scam, that's the reality things happen now dude. If this is scam, surely none of the community will support it but why they're many of them?
Coinmarketcap does not offer scam detective services they are a exchange if people are buying or selling it that does not mean it is not a scam or is not going to turn into a scam.
i agree and for sure when there's an issue occurred in some projects within coinmarketcap maybe they will immediately put a red flag in it like what they're doing when there's a notice for community. for examples if there's an upcoming events. As the matter of fact like what i saw previously because of hacking issues which they put notice above the name of the project to inform everyone to swap their tokein as soon as possible to avoid being hack . So maybe they will do the same thing or delisted the project after the notice.
newbie
Activity: 20
Merit: 0
August 09, 2021, 08:46:59 AM
#23
The pirate coin arrr is it a scam?

Well, according to the coinmarketcap it is not scam, this is just based on my opinion, as long as there is a cycle moving volume in the market everyday, does not enough to say it is a scam, that's the reality things happen now dude. If this is scam, surely none of the community will support it but why they're many of them?
Coinmarketcap does not offer scam detective services they are a exchange if people are buying or selling it that does not mean it is not a scam or is not going to turn into a scam.
copper member
Activity: 75
Merit: 0
August 09, 2021, 08:44:23 AM
#22
Piratechain is just a token like ERC20s on Ethereum- https://capital.com/pirate-chain-arrr-price-prediction-is-the-coin-a-buy-now I sold my ARRR for 0xMR

This is completely incorrect. If you had done even the slightest bit of research, you'd see that it is an independent blockchain. Sadly, what I think you're attempting to do is FUD.

If people are interested to do proper research, check out the website, github and discord. There is a thriving community.

https://pirate.black
https://github.com/PirateNetwork/pirate
https://discord.gg/Cah2Yfcv6r


Edit:

For those interested to know, it is a 100% private send currency using Zcash's zksnark technology. It was created in a fair launch fashion by the Komodo developers. I invite you to do a bit more reading if you're interested in private cryptocurrencies, it is definitely up there.
member
Activity: 588
Merit: 11
Futiracoin.com
August 09, 2021, 02:54:28 AM
#21
The pirate coin arrr is it a scam?

I can't think of anyone jumping to conclusions too quickly about the coin, how to analyze the coin is a scam, do we know the current process of the coin. There are doubts in every post that people share, I don't know what the purpose of the post is.

Try visiting their original page/web, see how far this level of speculation is true. Otherwise, we always suspect other coins and keep saying that it is a scam.
jr. member
Activity: 840
Merit: 6
August 09, 2021, 01:01:15 AM
#20
Piratechain is just a token like ERC20s on Ethereum- https://capital.com/pirate-chain-arrr-price-prediction-is-the-coin-a-buy-now I sold my ARRR for 0xMR
copper member
Activity: 966
Merit: 14
August 08, 2021, 02:59:16 PM
#19
The pirate coin arrr is it a scam?

Drawing data from coinmarketcap, as of today the price is $3.70 with a market cap of $656,293,289 while the 24 hr trading volume is $2,443,889, therefore with such data I don't think it is a scam. Also, it is a sort of privacy coin which claims to be unique and can't experience 51% attack.
Well, I don't know what type of coin you are looking for, but for top exchanges like Kucoin and Gate to list it, at least it shows it is not a scam, nevertheless depending on what you want to achieve, if it is a long term holding or not, you will have to check out the team and how best they are in tune with their roadmap, this will give you an idea of what to expect at least and if your investment will be worth it at the end.
sr. member
Activity: 1176
Merit: 252
August 08, 2021, 08:00:36 AM
#18
The pirate coin arrr is it a scam?
It's a token on Komodo blockchain that doesn't do anything that Komodo doesn't already do. At least Ethereum tokens like 0xMR have super powers above and beyond with Ethereum can do on its own due to the EVM.
Pirate Chain have their own blockchain.
Even Pirate Chain will be having a halving at the end of this month and trading volume is increasing, Probably due to the approaching halving.
Pirate Chain has been on the exchange since 2019, Until now it is still surviving and the price of their coin is growing. I hope you are not asking if this coin is a scam or not because you bought it at the highest price and now the price is falling.
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