Topic: New alt coin, Islamiccoin. 1m+ followers on twitter - page 2. (Read 217 times)

Bless you, bro. I wish I had merit to splash on this comment of yours. Once there's a mention regarding religiosity in any project's blueprint, that's a no-no for me. This investment principle of mine was what saved me from getting fleeced by the scam called Zugacoin when it debuted.

Isn't cryptocurrency haram to Muslims anymore? I used to read the back and forth debates on why Muslims shouldn't invest in cryptos back then when I came into this industry that it was akin to gambling.

I see a red flag here. Using the name of the religion to appeal to the worldwide Muslim community. That is something really embarrassing guys! You are bringing the Muslim population into your project and that is completely unacceptable.

It's a very big red flag to see that if there was a group of people who tried to sell their religion for money by issuing token that must be bought by others, what a shady project. Shit scam project gonna die soon.

What you have been saying above was only fully of gimmick only to lure people. 1 million followers in twitter? Those gonna be bots who have been following the twitter account of that shit scam coin.

Well, i have marked it as a suspicious one with high probability to be another scam coin. Taking bitcoin has a comparion looks so stupid. that shows how those who behind this project are money whore.

If I'm going to buy this coin I prefer buying it in the market than individuals the project may look like it has good potential but there are so many instances when a coin entered a market there's an initial dump by early investors or those who bought with huge bonus and discounts so the price that you mentioned could be cheaper once it gets in the market.
If you are impatient to sell your shares why not wait for it to get in the market and sell your shares?

Don't think this token has anything to do with Islam as a religion the name Islanicoin may just be a random name chosen by the team, but the issue is that this project looks so unserious and I advise members to do a due diligence search about the token before ever considering to invest in it.

But if you all can stay away from this coin I think that will be very helpful in protecting from possible loses.

Any coin that bases on religion sentiment should be suspected. The coin having the name of Islam will tend to attract Islamic investors to it and there is a large population of Islam's in the world.
Maybe with the number of followers they have which seems not to be active and they ones they can capture with the religion sell point they believe they can survive.

Is this token specifically for Islam only?
What’s the use of this project and how about its liquidity and total supply?
The project looks suspicious to me though and its pure of hype. I agree with the others that twitter account is not a proof of legitimacy, better to be more careful and better to give more details about the site here.

Everything about it screams a scam. And yeah, i doubt i could find one real follower that's not a bounty hunter in twitter. Nothing in this makes sense. Basically same if i was a millionaire and did a Buddhist coin and that would "hold Buddhist values". I wouldn't need to ask permission from any buddhist community, as they probably didn't even notice my coin.
I would just release private sale of it saying that this is your official buddihst money now. Next to nirvana.

And without being an expert about Shariah, even i know that this doesn't meet the requirements of Shariah as it should avoid interest-bearing or speculative practices.
So how does highly speculative asset that contains staking (giving interest) is compliant? Everyone should see trough this lie.

Looking at the twitter account, the user engagement with the content is quite low compare to the number of the followers and the telegram channel as at the time i check is just 4 users, I don't know but there are few reds flags i noticed about this, but anyways best of luck.

When have Twitter followers become liquidity provider for a coin and as far as I know, we have tons of Twitter accounts which are controlled by bots so what make the 1 million followers you mentioned different from such?

I have read about this islamicoin in several places but I am yet to see any meaningful progress being made by this project and its teams.

There's something I am yet to understand about this project, why did you post with another username instead of the project name. Meaning there's something phishy going on, to me the project night be genuine but the way you presented it makes it look very suspicious and someone may not want to looking into this coin. I think there are more you need to put down here to convince people the more and also, try get a copper member rank to be able to post image and make your post looks very interesting.

HI Guys,

I am currently private selling the coin called Islamiccoin. Presale is over as everything has been bought up very fast.

Below text might be a lot to read but the most beneficial part of this coin is that we already have 1million twitter followers and the board of directors includes royalty from the UAE making it very different from general shitcoins. The public sale is mid-July and we are interested in only selling 20 percent of our own coins. (15k the max we are willing to sell)

Please take a look at the project and if any interest in acquiring the coin, let me know by messaging on the telegram group.

Introducing Islamic Coin, the next generation of digital currency built for the future. We are delighted to offer you an exclusive opportunity to buy from early investors as the private sale has ended.
As we are only offloading 20 percent of our own coins, we urge you to be the first one to message us. We invite you to contact us directly for further details and to explore this remarkable opportunity.
The current pricing is 0.80 Cents per coin, but if you are buying for a bigger amount (min 2000 dollars) we can bring the price down to 0.60 Cents per coin💎

Join Our Telegram Group for more information: https://t.me/+xFA_B2Vz4zxmZjU0

💰 Benefits of Islamic Coin:
Shariah - Compliant Ecosystem operating on the HAQQ Network
Partnered up with Sushi Swap
Partnered up with London based DDCAP GroupTM
Board of directors includes royalty of the UAE.

Mentioned on Following: Forbes.com, Yahoo. Finance, Binance, and Coin Desk. (See more on our website https://islamiccoin.net/media)

 🚀 Get Involved:
🔹 Visit The website: https://islamiccoin.net/
🔹 Follow Them on Twitter: https://twitter.com/Islamic_Coin?s=20
🔹 Join our Telegram community: https://t.me/+xFA_B2Vz4zxmZjU0
🔹 Explore The whitepaper: https://islamiccoin.net/wp

Please note as you probably know already about this crypto industry to take a good look at everything before you decide to buy.