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Topic: Newbie with question. Please help (Read 382 times)

newbie
Activity: 3
Merit: 0
September 27, 2020, 07:58:15 AM
#21
Thank you guys for all the input.

I am definitely not shilling for them, i am asking because my sense is that they arent straightforward. Thats why i wanted to ask the experts here because i might be wrong.

FOr those who asked, they wanted to come into an investment that I am providing where their community (they claim it to be a million users) would buy into a tokenized coin and through it participate in the investment. Forexample lets say i am selling a project for $10m which will have a ROI of 10% per annum. Their million users can each pay $10 worth and be able to participate while they wouldnt be able to in conventional investment opportunities of the sort because there might be more paperwork/ambiguity and minimum amount of 250k for participation.

If there is another more trusted crypto i can do this with please let me know...
If you have any recommendations of any threads also please let me know

Thanks to everyone for the help.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
September 20, 2020, 10:08:23 PM
#20
I think this will gives you an idea, but it's better to use the on your link to avoid get click by other members

Code:
[code][/ code]

Code:
Domain Name: yemfoundation.org
Registry Domain ID: D402200000012539612-LROR
Registrar WHOIS Server: whois.godaddy.com
Registrar URL: http://www.godaddy.com
Updated Date: 2020-02-05T03:54:39Z
Creation Date: 2020-02-05T03:54:38Z
Registrar Registration Expiration Date: 2021-02-05T03:54:38Z
Registrar: GoDaddy.com, LLC
Registrar IANA ID: 146
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone: +1.4806242505
Domain Status: ok http://www.icann.org/epp#ok
Registrant Organization: Rainbow Currency Foundation
[/code]
sr. member
Activity: 1106
Merit: 310
September 20, 2020, 09:29:52 PM
#19
its a good thing that you asked before you get on or invest in a certain project since , there are lots of scheme roaming around luring people give money or join, and at the end they go bankrupt, this should be what new comers , so that we can avoid scams
hero member
Activity: 2184
Merit: 531
September 20, 2020, 12:57:49 PM
#18
This project is so shady that it makes me smile when I read through all the garbage.

Take a look at their team.

That EU director Lora Bilger is a psychotherapist.
Their treasurer is a preacher from Nigeria  Smiley
Quote
Nwachukwu holds a Doctor of Ministry Degree in Transformational Leadership from the West African Theological Seminary, Lagos, Nigeria
I don't get what is so scammy about those guys but Craig Wright is also this type of a doctor Wink


You can go on and on. Take a while and google search who these people are. If you were to call them on the phone they wouldn't be able to explain the difference between a public key and a transaction id.
 
legendary
Activity: 2408
Merit: 2226
Signature space for rent
September 20, 2020, 12:31:43 PM
#17
First of all, I want to say just stay away from this project. I am not familiar with this project and just heard the first time. I am not sure if OP is shilling of their project nor want to blam. But the exchange they are listed on going to close very soon. You will see the below notification when you will click the exchange link mentioned on the project website rainbow currency. The below message appearing to me,
Quote
Dear customers,
We regret to inform you that CCH is closing. Existing balances can be withdrawn after a final check. We already started the process and ask you to check back on September 23, 2020.

I can't see YEM on CMC, so don't know if it's trading on other exchanges. Involving with them means you are risking yourself. So my personal thought is that you shouldn't involve with this project and don't shill for them.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
September 20, 2020, 05:32:33 AM
#16
I haven't heard of this project at all. If you are unsure about that project is you better not involved yourself if you don't want your crypto or funds getting scammed. It's much better if you involve yourself to the project that already made some promising achievement rather than a project that you are not sure of.
sr. member
Activity: 2030
Merit: 269
September 20, 2020, 03:50:07 AM
#15
Hello all. I am new here and if this is not the right place for this please excuse me.

I have been infatuated by Bitcoin and crypto for some time now and want to incorporate it into my work. I look forward to going through the whole forum to learn but I have this question relating to a crypto in what I think is in its infancy and i am exremely skeptical.

Has anyone here dealt with or heard of YEM (Your Everyday Money) and the YEM foundation along with Rainbow, TWNKLE chain and other related coins. Only the names arent sitting easy with me but I dont know the jargon so i thought i would ask the experts here.

I have been approached by an opportunity and they want to incorporate their YEM or other currencies but i am 50/50 on them. Please HELP with your knowledge

https://www.yemfoundation.org/
https://www.rainbowcurrency.com/

They are on one exchange which is fishy too..
Thanks in advance


If they are not in the market with decent volume and a strong community and they are not popular in the community, there is no reason to deal with them, the most important thing here in this industry is the liquidity and where they are traded and of course the platform without this three don't deal with them even if they promised a lot, it's just lip service, they need to prove first.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
September 20, 2020, 02:24:27 AM
#14
Thanks guys..

Obviously the ones commenting on that previous thread are shills. Very unfortunate as I could have some good business done with them. I kinda dont want to believe it. With tough times you want to hold onto any hope.

Anyways I look forward to getting to know more with your help.
If you are already doing some business then leave immediately knowing that this project is not good enough and just the usual promises they keep saying, look at the threads nothing impresses it just comments shills you see it means doubting what you know. .

Remember, this project is like MLM before it like bitcoin etc. The good ones have many offers like this, you need to see from there how they are and keep their goals the same, just want to benefit one-sidedly and that is suspicious too.
legendary
Activity: 3416
Merit: 1225
Enjoy 500% bonus + 70 FS
September 20, 2020, 02:11:26 AM
#13
Thanks guys..

Obviously the ones commenting on that previous thread are shills. Very unfortunate as I could have some good business done with them. I kinda dont want to believe it. With tough times you want to hold onto any hope.

Anyways I look forward to getting to know more with your help.

If all people will come here and ask here about a particular project that they are interested to invest or they are asked for collaboration, few people will be scammed or will be lost, these  dubious and scammed projects are targeting people who are in new in the industry or not aware of Cryptocurrency and deceiving them to what Cryptocurrency is they deceived them and they want them to think that Cryptocurrency is a sort of MLM and matrix program just like they do in One Coin and Bitconcect.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
September 19, 2020, 11:01:55 PM
#12
Thanks guys..

Obviously the ones commenting on that previous thread are shills. Very unfortunate as I could have some good business done with them. I kinda dont want to believe it. With tough times you want to hold onto any hope.

Anyways I look forward to getting to know more with your help.
Good that you are learning fast,Checking all advises above will save you from what you think is good but the truth is scams.
there are tons of shill and BS here so better watch out ,and besides you can find more project other than those 2 so move on and make it for your own good.



the OP was referring to the link of Rainbow currency thread I shared. and yeah it would be great if more people new to cryptocurrency would stumble upon this forum and ask questions it would have saved a lot of unsuspecting people getting scammed using cryptocurrency.
+1,better ask first before putting any amount because cryptocurrency sometimes are deceiving mate,there are too good to be true and now they are learning,acting like legit and promising normal profit but the end is same,scam.
legendary
Activity: 2520
Merit: 1113
September 19, 2020, 08:11:01 PM
#11
Thanks guys..

Obviously the ones commenting on that previous thread are shills. Very unfortunate as I could have some good business done with them. I kinda dont want to believe it. With tough times you want to hold onto any hope.

Anyways I look forward to getting to know more with your help.
What particular thread you have seen that post? just always apply that rule that don't invest if you have no idea with it.

It's nice that you have asked first before investing if by any means you have no relation with those projects. It's okay to ask if you'll stumble again with another projects that you are unsure of.

the OP was referring to the link of Rainbow currency thread I shared. and yeah it would be great if more people new to cryptocurrency would stumble upon this forum and ask questions it would have saved a lot of unsuspecting people getting scammed using cryptocurrency.
legendary
Activity: 1554
Merit: 1139
September 19, 2020, 06:43:28 PM
#10
it's my first time hearing about it and searching around the forum I found that they had thread but most of the comments are shills so won't probably get anything useful on that thread.

here's a link if you are interested: https://bitcointalksearch.org/topic/rainbow-currency-twinkle-twnkl-erc20-removed-2735483

also, according to coinranking.com rainbowcurrency/yem currently has no value. https://coinranking.com/coin/jZkrDBakHRFH+rainbowcurrency-yem
I haven't heard of those two instruments of cryptocurrency too. One thing you must know is, at times it doesn't matter if they are listed. The value of it and it's potential appreciating is what really counts. If your not sure of the instrument or the team behind it, let it pass. Let the opportunity you see now, not turn into regrets.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
September 19, 2020, 12:48:34 PM
#9
If I remember it correctly there was post on a different forum about this project. They were doing an airdrop there I am not sure how much genuine this project is but people on that forum were not happy about it.

In my opinion if you do not believe in a project or if you are not sure about it then you should not invest in it. I personally do not know anything about this project so cannot comment on it.
sr. member
Activity: 1914
Merit: 328
September 19, 2020, 10:23:16 AM
#8
They want to incorporate their tokens with you, as in how, do you run an exchange or what? I was going to say straight up that you should avoid them, and then I read you say that you were met with an opportunity, and I don’t get what kind of opportunity that you’re talking about.

My advice is that if you don’t trust something, stay clear from it, your kind already cleared you that you’re getting yourself in something that might screw you up later, so stay away from it to avoid regrets in future. It’s still your choice, if you choose to go ahead, that’s would be your own cup of tea... Au revoir.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 18, 2020, 05:27:35 PM
#7
Thanks guys..

Obviously the ones commenting on that previous thread are shills. Very unfortunate as I could have some good business done with them. I kinda dont want to believe it. With tough times you want to hold onto any hope.

Anyways I look forward to getting to know more with your help.
What particular thread you have seen that post? just always apply that rule that don't invest if you have no idea with it.

It's nice that you have asked first before investing if by any means you have no relation with those projects. It's okay to ask if you'll stumble again with another projects that you are unsure of.
member
Activity: 182
Merit: 11
September 18, 2020, 09:35:05 AM
#6
I never heard about this company before. This is my first time actually, and I have no right to judge whether they are for real or just a scam. Upon checking the site, it looks legit though, but we must think and pause for a while if they were offering something too good to be true...and you are being skeptical with the company. Well, just put it this way, if you have doubts, then follow your gotfeel/your instinct or you will be sorry at the end. We must be very keen in choosing a good and trusted company and be more careful in investing here especially that money is really not easy to find. Working in Crypto world is not like getting an easy money. It is made up by hard work and patience.
newbie
Activity: 1
Merit: 0
September 18, 2020, 09:32:15 AM
#5
I also have my little problem: I bought about € 250 of bitcoin on Bitstamp but I can't move them to any wallet: every time I enter the address and then the google authenticator codes but there is nothing to do: the transfer/withdrawal is not authorized! 
newbie
Activity: 3
Merit: 0
September 18, 2020, 08:59:13 AM
#4
Thanks guys..

Obviously the ones commenting on that previous thread are shills. Very unfortunate as I could have some good business done with them. I kinda dont want to believe it. With tough times you want to hold onto any hope.

Anyways I look forward to getting to know more with your help.
legendary
Activity: 2520
Merit: 1113
September 18, 2020, 08:20:03 AM
#3
it's my first time hearing about it and searching around the forum I found that they had thread but most of the comments are shills so won't probably get anything useful on that thread.

here's a link if you are interested: https://bitcointalksearch.org/topic/rainbow-currency-twinkle-twnkl-erc20-removed-2735483

also, according to coinranking.com rainbowcurrency/yem currently has no value. https://coinranking.com/coin/jZkrDBakHRFH+rainbowcurrency-yem
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
September 18, 2020, 08:14:10 AM
#2
That website of Yem foundation looks like in 2007.

Don't invest in anything that you are unsure of just like this.

Thus, this is "Don't get tricked by hidden spam on this forum" --> https://bitcointalksearch.org/topic/dont-get-tricked-by-hidden-spam-on-this-forum-5190848
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