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Topic: Is This a Scam? - page 2. (Read 1058 times)

jr. member
Activity: 476
Merit: 1
January 01, 2020, 03:26:39 PM
#58

The value of the UCIF token will be determined once the TRX Auction House goes on the Mainnet. There it will be tradeable. The token sellers will set the Starting Bid price and the Buyout price.
But what if it have low demand or worst none? Any plan b?
I saw some staking coins but turns out the buy orders are set below the market price.
There is no plan B. If there is no demand, then the tokens won't sell. It's going depend solely on the market.

I have a feeling that will not be the case. The UCIF token is the ONLY Decentralized Security Token in existence. The investment is a DApp that is fully autonomous and automatic with its code on GitHub. No one can stop it or shut it down.

Anyone can buy the token. No KYC/AML/IDs required.

You can earn 1% in 24 hours in UCIF dividends by staking the token on the UCIF staking platform. Withdraw the staked tokens anytime you like.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
January 01, 2020, 06:15:05 AM
#57

The value of the UCIF token will be determined once the TRX Auction House goes on the Mainnet. There it will be tradeable. The token sellers will set the Starting Bid price and the Buyout price.
But what if it have low demand or worst none? Any plan b?
I saw some staking coins but turns out the buy orders are set below the market price.
jr. member
Activity: 476
Merit: 1
December 31, 2019, 04:48:44 PM
#56
Just now from my developer...

It's a little bit complex but almost done for mainnet
jr. member
Activity: 476
Merit: 1
December 31, 2019, 04:01:21 PM
#55
The investment has been live and paying for 162 days.
So, may I know the value of your token? And  if it's tradable?
Because if it's not, we're all fooling ourselves here.

SCAM! I LOST ALL MY MONEY!!

jk

The investment works as described. I staked 1000 tokens, complements of Fatsy (thanks again), a couple days ago, clicked the Complete Withdrawal button earlier today, and now I have almost 1020 UCIF tokens in my TronLink wallet!

I can't wait for the auction house to launch on the Mainnet 😁
Sounds like a shiller. 🤭
The value of the UCIF token will be determined once the TRX Auction House goes on the Mainnet. There it will be tradeable. The token sellers will set the Starting Bid price and the Buyout price.

From my developer ...

Hello Paul sorry for late response, thank you for keeping me updated 👌.
By the way the DApp is done, it is deployed on Shasta for testing purposes, the  delay is due to the same problems with shasta and its poorly maintenance

https://ucift-auction-house.web.app

I don't want to deploy on mainnet yet because I want to be sure everything is working fine
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
December 31, 2019, 04:28:39 AM
#54
The investment has been live and paying for 162 days.
So, may I know the value of your token? And  if it's tradable?
Because if it's not, we're all fooling ourselves here.

SCAM! I LOST ALL MY MONEY!!

jk

The investment works as described. I staked 1000 tokens, complements of Fatsy (thanks again), a couple days ago, clicked the Complete Withdrawal button earlier today, and now I have almost 1020 UCIF tokens in my TronLink wallet!

I can't wait for the auction house to launch on the Mainnet 😁
Sounds like a shiller. 🤭
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
December 31, 2019, 04:03:04 AM
#53
I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.
I agree with you, it seems this is related to bitcoin doubler or known us Ponzi scheme. From which part they generate profit and distribute to their participants or investors? Nothing, because of the fact that after they have a huge fund they will run it away. I learned this because I scammed too many times last year similar to this strategy. I will suggest that investing in bitcoin itself will surely give you a benefit.
Investing to Bitcoin itself will generate profits and you don't need to worry yourself while you are holding your assets. Need only to be well knowledgeable with your interest and not to make any bad decisions while volatility is being felt when market is not bringing good market movements.
jr. member
Activity: 476
Merit: 1
December 31, 2019, 03:08:46 AM
#52
I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.
This investment is not that complicated. It's as easy as:

1- buy the tokens
2- stake the tokens
3- come back 24 hours later and withdraw the dividends
4- sell the dividends
5- repeat 3 and 4

or just follow the steps I laid out on the White Paper:

https://docs.google.com/document/d/1KGQtmbhF8AOjWFlEO0Tr6K-PpkGTNBhYsufL1ZNx95E/edit

Enjoy and Happy New Year!
I don't usually click spreadsheets that I don't know but if that's your explanation, I don't want to go deeper with that because I'm not investing. I'm only giving a reminder to the people that if they don't know something, don't commit to it then. And don't invest money that they can't afford to lose, this is crypto and everything becomes complicated if the investor doesn't really understand a thing of what he's investing.
Happy new year too!
Great advice!
hero member
Activity: 3080
Merit: 603
December 31, 2019, 02:42:03 AM
#51
I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.
This investment is not that complicated. It's as easy as:

1- buy the tokens
2- stake the tokens
3- come back 24 hours later and withdraw the dividends
4- sell the dividends
5- repeat 3 and 4

or just follow the steps I laid out on the White Paper:

https://docs.google.com/document/d/1KGQtmbhF8AOjWFlEO0Tr6K-PpkGTNBhYsufL1ZNx95E/edit

Enjoy and Happy New Year!
I don't usually click spreadsheets that I don't know but if that's your explanation, I don't want to go deeper with that because I'm not investing. I'm only giving a reminder to the people that if they don't know something, don't commit to it then. And don't invest money that they can't afford to lose, this is crypto and everything becomes complicated if the investor doesn't really understand a thing of what he's investing.
Happy new year too!
jr. member
Activity: 476
Merit: 1
December 30, 2019, 08:20:13 PM
#50
I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.
This investment is not that complicated. It's as easy as:

1- buy the tokens
2- stake the tokens
3- come back 24 hours later and withdraw the dividends
4- sell the dividends
5- repeat 3 and 4

or just follow the steps I laid out on the White Paper:

https://docs.google.com/document/d/1KGQtmbhF8AOjWFlEO0Tr6K-PpkGTNBhYsufL1ZNx95E/edit

Enjoy and Happy New Year!
full member
Activity: 798
Merit: 109
https://bmy.guide
December 30, 2019, 06:50:42 PM
#49
I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.
I agree with you, it seems this is related to bitcoin doubler or known us Ponzi scheme. From which part they generate profit and distribute to their participants or investors? Nothing, because of the fact that after they have a huge fund they will run it away. I learned this because I scammed too many times last year similar to this strategy. I will suggest that investing in bitcoin itself will surely give you a benefit.
hero member
Activity: 3080
Merit: 603
December 30, 2019, 05:52:59 PM
#48
I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.
newbie
Activity: 31
Merit: 0
December 30, 2019, 03:20:27 PM
#47
SCAM! I LOST ALL MY MONEY!!

jk

The investment works as described. I staked 1000 tokens, complements of Fatsy (thanks again), a couple days ago, clicked the Complete Withdrawal button earlier today, and now I have almost 1020 UCIF tokens in my TronLink wallet!

I can't wait for the auction house to launch on the Mainnet 😁
I'm glad to hear that.

I can't wait too.

Happy New Year!
Happy New Year Fatsy!
jr. member
Activity: 476
Merit: 1
December 30, 2019, 12:03:29 AM
#46
SCAM! I LOST ALL MY MONEY!!

jk

The investment works as described. I staked 1000 tokens, complements of Fatsy (thanks again), a couple days ago, clicked the Complete Withdrawal button earlier today, and now I have almost 1020 UCIF tokens in my TronLink wallet!

I can't wait for the auction house to launch on the Mainnet 😁
I'm glad to hear that.

I can't wait too.

Happy New Year!
newbie
Activity: 31
Merit: 0
December 27, 2019, 01:55:54 PM
#45
SCAM! I LOST ALL MY MONEY!!

jk

The investment works as described. I staked 1000 tokens, complements of Fatsy (thanks again), a couple days ago, clicked the Complete Withdrawal button earlier today, and now I have almost 1020 UCIF tokens in my TronLink wallet!

I can't wait for the auction house to launch on the Mainnet 😁
jr. member
Activity: 476
Merit: 1
December 27, 2019, 01:10:13 AM
#44
Usually many beginners will be fooled by this kind of ponzi scheme, because when viewed from the bonus it is very tempting. But where there are companies or internet businesses that give 1% bonus within 24 hours. This is a fraud and this way has been circulating around us a lot, so we must be vigilant and not care about it. I was fooled by Ponzi schemes like this when I first entered the world of crypto.

that kind of scheme is started long time ago they are just making a new website and new program but in the end all will be the same it will end to be scam one day.  So investing in that is too risky and no guaranteed return.
I can guarantee that when you buy the tokens, they are yours. No one can take them away from you. And, the investment will keep paying dividends as long as there are tokens in the UCIF Dividend Pool. The amount is updated in real time is visible for all to see on the website; before one decides to invest.
jr. member
Activity: 476
Merit: 1
December 27, 2019, 12:48:00 AM
#43
Usually many beginners will be fooled by this kind of ponzi scheme, because when viewed from the bonus it is very tempting. But where there are companies or internet businesses that give 1% bonus within 24 hours. This is a fraud and this way has been circulating around us a lot, so we must be vigilant and not care about it. I was fooled by Ponzi schemes like this when I first entered the world of crypto.

So was I. That's why I created this one. It has the features that makes it impossible for you to get scammed.

Btw, this is NOT a ponzi. A ponzi requires other people to put in money beneath you in order for you to money. With this investment, you make money by staking the tokens to earn dividends and sell the dividends to make money. The tokens are bought and sold in the same place; the TRX Auction House.
sr. member
Activity: 1036
Merit: 329
December 26, 2019, 10:58:04 PM
#42
Usually many beginners will be fooled by this kind of ponzi scheme, because when viewed from the bonus it is very tempting. But where there are companies or internet businesses that give 1% bonus within 24 hours. This is a fraud and this way has been circulating around us a lot, so we must be vigilant and not care about it. I was fooled by Ponzi schemes like this when I first entered the world of crypto.

that kind of scheme is started long time ago they are just making a new website and new program but in the end all will be the same it will end to be scam one day.  So investing in that is too risky and no guaranteed return.
sr. member
Activity: 1638
Merit: 255
December 26, 2019, 08:19:06 PM
#41
Usually many beginners will be fooled by this kind of ponzi scheme, because when viewed from the bonus it is very tempting. But where there are companies or internet businesses that give 1% bonus within 24 hours. This is a fraud and this way has been circulating around us a lot, so we must be vigilant and not care about it. I was fooled by Ponzi schemes like this when I first entered the world of crypto.
jr. member
Activity: 476
Merit: 1
December 25, 2019, 10:31:15 PM
#40
What exactly makes this project a scam or a ponzi? That it generates a dividend of 1% in 24 hours?

Read the White Paper and you'll see why it's possible.

Yes, you will recoup your investment in a 100 days. Is that a bad thing?


Could you please expound more on this offer? I won't read the whitepaper as I am not interested to participate in it. You are very familiar with the whitepaper I assume. So perhaps you could spare us a few lines explaining the overall design of this 1% in 24 hours profit. That's double your investment in 100 days.

Sure (I'll do my best)

When my developer created the tokens, I asked him to create a total supply of 400,000,000 UCIF tokens. 100,000,000 tokens went up for sale for 1 TRX each during the STO period, 100,000,000 tokens are being held in reserves, and 200,000,000 tokens went to the Dividend Pool.

After the STO period, all unsold tokens went to the Dividend Pool.

Now, the ONLY way you can buy the tokens would be from the token sellers in the TRX Auction House DApp. Once the auction house is on the Mainnet, I will be listing my tokens for 1,000,000 TRX each (buyout price) with a starting bid of 100 TRX.

Will they sell? Only the market knows but the UCIF token is the ONLY DApp Security Token that pays a 1% dividend in 24 hours. So we shall see. 😉
sr. member
Activity: 1123
Merit: 253
December 25, 2019, 09:24:51 PM
#39
What exactly makes this project a scam or a ponzi? That it generates a dividend of 1% in 24 hours?

Read the White Paper and you'll see why it's possible.

Yes, you will recoup your investment in a 100 days. Is that a bad thing?


Could you please expound more on this offer? I won't read the whitepaper as I am not interested to participate in it. You are very familiar with the whitepaper I assume. So perhaps you could spare us a few lines explaining the overall design of this 1% in 24 hours profit. That's double your investment in 100 days.
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