Minereum- Another Ponzi Scheme ? - page 2.

kaconk

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Quote from: asriloni on April 23, 2020, 09:16:58 PM

that's a lot of money. The developer of minereum is smart enough by use this method, as far as I know more than 20k addresses have already registered on the genesis 2. That means if some of them paid 0.3 and the dev will actually get million dollars from here or at least a few hundreds thousand dollars.
That's a huge money for a crap coin that has no even utility usage.

Not only 20k address, but more than 1 million address are registered on genesis v2. but only few address that already upgraded to level 2 and 3 (less than 1k address). yeah, but still! in this case, the one who take benefit in this program is the dev and stake holders. all the fee paid on the platform (upgrade address, trading fee, etc) is going to 50% to dev and 50% to stake holder. just check yourelf on the platform, there is already 120 eth collected and i'm sure the number will be increase.

asriloni

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Quote from: ahyadinnn on April 23, 2020, 08:59:26 PM

Quote from: unouresha on April 23, 2020, 06:41:36 PM

I've never signed up for anything related to the Minereum project yet i received 32,000 MNE on my "genesis address". No idea why, but it seems fishy enough to me, not to mention that to move the tokens you have to pay them a fee to "upgrade" your address. It doesn't smell good.

actually the payment is to raise your wallet level, but I think the payment to raise the level is quite high at 0.30 ethereum for level 3, and even then you will not get all Minereum in your wallet, but Minereum will mine every day

that's a lot of money. The developer of minereum is smart enough by use this method, as far as I know more than 20k addresses have already registered on the genesis 2. That means if some of them paid 0.3 and the dev will actually get million dollars from here or at least a few hundreds thousand dollars.
That's a huge money for a crap coin that has no even utility usage.

ahyadinnn

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Quote from: unouresha on April 23, 2020, 06:41:36 PM

I've never signed up for anything related to the Minereum project yet i received 32,000 MNE on my "genesis address". No idea why, but it seems fishy enough to me, not to mention that to move the tokens you have to pay them a fee to "upgrade" your address. It doesn't smell good.

actually the payment is to raise your wallet level, but I think the payment to raise the level is quite high at 0.30 ethereum for level 3, and even then you will not get all Minereum in your wallet, but Minereum will mine every day

Utoy101

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I can't agree more about this platform being a ponzi or HYIP. i thinks it's part of their plan to pump their token so high that the people they distributed the locked airdrop token for will be inclined to send them the requested money. Its just so sad that a lot of people will still fall for this cheap scam due to their high level greediness to really cash out to huge amount of money they distributed for airdrop

unouresha

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I've never signed up for anything related to the Minereum project yet i received 32,000 MNE on my "genesis address". No idea why, but it seems fishy enough to me, not to mention that to move the tokens you have to pay them a fee to "upgrade" your address. It doesn't smell good.

irixo10

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Is it not in Ponzi schemes that the creators will require one to upgrade their account from one level to another? and it's not free though, you have to pay for it. As for me, this is similar to a Ponzi scheme and hence extreme carefulness is required. Listing on exchange is not a new thing, because the team can still carry out their underlying plans. Also, another thing to bear in mind is that, many people will introduce Ponzi schemes all in the name of using blockchain to carryout their plans, we should be careful all the time.

LeoRock

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And I say, there is no way to make these scammers pay, pay them with a virus or get the ETH from these thieves? and at the time of the airdrop I pointed out many wallets, now I have 32,000 MNE shits in each wallet

ahmedtanjid

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Quote from: Kvalentine on April 20, 2020, 08:38:24 AM

I don't like the style of Minereum coin, it's more like a very shady business and those who got hooked will definitely get scammed in the end, I smell red flag here, good luck to all those who failed to see things like I don't

Hopefully they will think twice before upgrading of their so called genesis address.

Kvalentine

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I don't like the style of Minereum coin, it's more like a very shady business and those who got hooked will definitely get scammed in the end, I smell red flag here, good luck to all those who failed to see things like I don't

ahmedtanjid

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Quote from: Retainly_Collie on April 20, 2020, 07:39:44 AM

According to the price of this token in the market. Each airdrop is worth about $ 500. And we need to pay about $ 60 to be able to receive all of these tokens in the wallet. If it goes smoothly then this is definitely a good profit, but I believe this is just a ponzi and it is trying to deceive greedy investors.

Maybe you doesn't read their upgrade rules properly. You can't receive any MNE or sell. You can just self mine MNE when you upgrade to lv2. But when you upgrade to lv3 you can transfer the self-minned tokens. Everyday a genesis address can mine 1.82 MNE of given 32K. So, it will take couple of years to collect those 500$ land mark.

WalkerIVIV

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Quote from: uw0t on April 20, 2020, 06:54:30 AM

The way they wrote this is just trying to trick people. The grey font color doesn’t help either. Lol.

“Note that all Genesis Addresses have three limitations:
- They cannot receive any MNE
- They can only transfer the amount of MNE that was self-mined (Available Balance)
- Self-Mining only starts after Level 2 or Level 3 activation
Genesis Address Level 1
...
Genesis Address Level 2
...
Genesis Address Level 3
You CAN:
- Set your address for sale at the price you wish
- Transfer the Genesis Address to another address
- Self-mine (mining process only starts on Level 2 or Level 3 activation)
- Transfer MNE to another address
- Use the MNE Decentralized Trading
- Destroy your Genesis Address to buy/transfer stakes
You CANNOT:
- Receive MNE”

The level 1 is a crap and people can't mine their MNE. The developers were creating a rules to force the airdrop receivers to pay ethereum. This scheme is obviously a scam. Everyone must forget this and stay away. The first form of minereum was a big crap and the dev was aiming to scam people through this shitty airdrop.
The conclusion is people will unable to get their coins without paid the fees first.

Retainly_Collie

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According to the price of this token in the market. Each airdrop is worth about $ 500. And we need to pay about $ 60 to be able to receive all of these tokens in the wallet. If it goes smoothly then this is definitely a good profit, but I believe this is just a ponzi and it is trying to deceive greedy investors.

patz22

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First of, I am not a supporter of this project, yes, I did receive their tokens but I will not upgrade to any levels to get any of this as in livecoin, it is already given that they are trying to pump this, make a hype so that people will fall for their trap but don't you think that is the worth of having their token? If they are working for the project and if you got vision as they do, do you think that it can be worth it in years? I don't know, again, I am not a supporter of this. Maybe, people are saying this because they only want FREE COINS?

uw0t

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The way they wrote this is just trying to trick people. The grey font color doesn’t help either. Lol.

“Note that all Genesis Addresses have three limitations:
- They cannot receive any MNE
- They can only transfer the amount of MNE that was self-mined (Available Balance)
- Self-Mining only starts after Level 2 or Level 3 activation
Genesis Address Level 1
...
Genesis Address Level 2
...
Genesis Address Level 3
You CAN:
- Set your address for sale at the price you wish
- Transfer the Genesis Address to another address
- Self-mine (mining process only starts on Level 2 or Level 3 activation)
- Transfer MNE to another address
- Use the MNE Decentralized Trading
- Destroy your Genesis Address to buy/transfer stakes
You CANNOT:
- Receive MNE”

ahmedtanjid

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Quote from: btc_angela on April 20, 2020, 04:30:15 AM

For the record though, 'free money coins' from KICK has done because they have lost everything after SEC sue them, so they think why not airdrop 888,888 KICK, it's worthless anyways. As compare to MNE right now, which is very obvious, pulling a scam here by giving supposedly $300, but to be able to unlock it, you need to deposit first, which is the classic Ponzi script scheme.

Still some people aren't as cautious that they need to be. I saw some people still upgraded their address to lv2 or even lv3.

Hippocrypto

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Quote from: minairia3 on April 20, 2020, 03:25:20 AM

Ive heard about this minereum and they have some free tokens as well. But if upgrading for more chances of earning? I will think about that cause its really sound like another ponzi scheme.

I dont know if people will trust the level of this project but just be aware of the risk on such promises. From what I heard those 32k tokens are just like kickico tokens that cant be sell so techinically its just another marketing that you need to upgrade for withdrawal not going to fall foe that trick.

We've been through many challenges in crypto that involves many certain situations that had our finances at worst stages. Those failed promises brought everyone to learn from their mistakes, that's why we really need to be more cautious nowadays. If these people will have to trust those suspected ponzis, well it's their disgressions and no one will be blame but themselves.

Actis

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Quote from: FireBallex on April 19, 2020, 09:56:49 AM

I'm not surprised, when I came across the Airdrop, it was so suspicious because the team said Airdrop hunters can join with multiple ethereum address, If the project is legit they will never accept multiple accounts, it was a big plan all along

yep do agree with you. this is a big well-planned scam

btc_angela

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Quote from: 20kevin20 on April 19, 2020, 11:01:34 AM

It was an obvious scam from the moment they said they're giving almost $300 for free per address. Anyone who thought this was real is a bit silly! I wish this was real, but come on, in less than 30 minutes I can supposedly claim a free $30k.. Cheesy

Look at the history of these "free money coins": KICK, MNE etc. They're all going for the same technique. The saddest part is that many fall for the scam. People play their game without even looking at the first Minereum airdrop to see they had absolutely no development.

If it seems too good to be true, it most likely is.

For the record though, 'free money coins' from KICK has done because they have lost everything after SEC sue them, so they think why not airdrop 888,888 KICK, it's worthless anyways. As compare to MNE right now, which is very obvious, pulling a scam here by giving supposedly $300, but to be able to unlock it, you need to deposit first, which is the classic Ponzi script scheme.

shoreno

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Quote from: minairia3 on April 20, 2020, 03:25:20 AM

Ive heard about this minereum and they have some free tokens as well. But if upgrading for more chances of earning? I will think about that cause its really sound like another ponzi scheme.

I dont know if people will trust the level of this project but just be aware of the risk on such promises. From what I heard those 32k tokens are just like kickico tokens that cant be sell so techinically its just another marketing that you need to upgrade for withdrawal not going to fall foe that trick.

so if you upgrade your level the coins can now then be sellable ? lol thats strange and suspicious too at the same time. i think i have seen a simillar of it before but it was some kind of miner where also needs upgrade before you can withdraw but once people upgrade they prolly cant still withdrew .

op said it was an airdrop so they supposed to giveaway coins for free without having to require payment whatsoever.

ahmedtanjid

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Quote from: minairia3 on April 20, 2020, 03:25:20 AM

Ive heard about this minereum and they have some free tokens as well. But if upgrading for more chances of earning? I will think about that cause its really sound like another ponzi scheme.

I dont know if people will trust the level of this project but just be aware of the risk on such promises. From what I heard those 32k tokens are just like kickico tokens that cant be sell so techinically its just another marketing that you need to upgrade for withdrawal not going to fall foe that trick.

Exactly you are. I saw a person in telegram speaking all the time on their behalf to people for upgrading. It seems like he/she is their agent. These are red-headed scammer.

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