Topic: POWER LEDGER TOKEN SALE Powerledger.io is a scam don't loose your ETH!! - page 2. (Read 6154 times)

Yes Agree makes sense This thread has been started by SUNCONTRACT. Why do they feel threatened by a competitor that has been around way longer than them. Suncontract didnt even exist before their ICO. They are just a whitepaper. and from what i have read, doest even seem like their idea can work. pie in the sky!!

Hey, just thought of something.  Why would a blockchain  energy company like Suncobtract need to (or want to) sign a deal with a competitor like Power Ledger anyway  .  Really fishy.   I think I will leave this page too.  Any folks desperate enough to set up this page aren't folks I'm going to invest with - going to the real Power Ledger page.

Agree about often 2 sides but I  can tell you that Power Ledger's block chain is alive and well so this post from suncontract has me very suspicious.   I live in Fremantle near where the Powerledger platform is deployed.  Seen it first hand.  With so many projects with reputable counterparties they can't just be pretending they have something.  saw this yesterday. https://www.youtube.com/watch?v=sx19xO0PQ_s&feature=youtu.be  Agree tabloids could be dodgy too but this press is mainstream - mainstream financial press don't make this stuff up.   Also - if they were dodgy would they have taken  this ICO offshore.  Since they have chosen to run it under Australian law I am absolutely believing them. To me there are just too many holes in Suncontract's comments. 

I found this from Suncontract on their thread after someone brought up Power Ledger:

We already stated why we have negative opinion about them. We went into business cooperation with them and paid for their service. We were promised they will give us working solution and assured us they have working blockchain solution. Final outcome of this "business cooperation" was they took money from us, they did not provide any solution (we actually think that money we paid them was used for marketing purposes like fancy web design etc.) and it looks like they are also lying to investors they have blockchain. And we signed contract with penalties etc. so it was ordinary deal with two companies by international law. Now imagine what can they do in crypto sphere where there is no "law".

I'm sure there's 2 sides to the story, but still should be a reminder not to get caught up in hype, fancy web designs and paid YouTube shills when investing in ICOs. Research carefully.

Ye.  I looked at that too. Checkout the token paper.  https://tge.powerledger.io/media/Power-Ledger-TGE-Token-Paper.pdf  Looks like they have tokens escrowed for future developments of platform and for encouraging energy companies and utilities to use platform. Think that creates demand for POWR in the future and also makes sure platform can grown.  With the escrow it looks ok.

So many ICO scam right now. Because of those, it brings a bad name to other legit ICO.

The website says they are selling 140 million coins, but etherscan shows there is 1 billion, which could mean a 860 million premine, or am i wrong?

Link here https://etherscan.io/token/0x595832f8fc6bf59c85c527fec3740a1b7a361269

This page has clearly been started by a competitor of Power Ledger.  Reprehensible  of them to hide out in chat rooms like this using aliases and certainly not a good image for a commercial business.  If it is that crowd at SUNCONTRACT as suggested by some folk here then I think you should sell their coin. Bad investment as these guys will never get a business going with this type of scummy (or scammy) behaviour.  Do your own research on Power Ledger and it Wont take you long to see their credentials.  For example, just yesterday a trial with one of Australia's biggest energy companies was announced. http://www.afr.com/news/originpower-ledger-trial-seeks-tariff-solution-20170921-gym1p1

Seriously ! this is real.. my friends has invest 50 until 100 eth for that. i will tell my friends about this. thank you for you research but what about that coin now. I speculate that the motive of this project is really harmful right.

Skipping this as of now due to lack of clarity. Thanks !!

So what is with this coin now? Is this just a scam or what? I am also a SunContract holder but I am not here to hate, but to see what the competition (if it is real) is doing.

Maybe you gotta show the first part of the chart, that people can see that it just got pumped, what can happen to any coin with a small marketcap. Suncontract is definitely a good coin with alot of moving in the nearly future.

Yeah this is really weird, why suncontract would come here and comment? I mean how do you even find this. If this is really SUNCONTRACT spreading crap about other projects you need to question their motives and mentality. Maybe why the price of SUNCONTRACTS looks like it is heading to ZERO real soon. Also makes me think what else they are getting up to. Where's the integrity? I was researching them but this has really spooked me!

Ill borrow yr pic thx roxbox
 

“14. If you move all fund to some offshore, let us know where are you going to put our money and who will be responsible for it? If it stay in Australia, government can take 25 and up to 50%!!!
ICO is illegal in australia and Australian government is against all crypto currencies and ICOs are not welcomed, people you will lose all money in this business.
This guys already robbery some investors from Australia and almost go to default!! Show your financial sheets and prove your history of operations for last 5 years!!!”


Bs crypto isn’t illegal in Australia neither is ICO’s, you couldn’t even be bothered to do a google search to attempt to make your false allegetions rooted in truth.

Like other users have said, smells like the failed other energy ico annoyed that some guys from down under have been able to do better then them.


DO YOUR OWN RESEARCH, TRY AND VERIFY HIS CLAIMS (you can’t), MAKE YOUR OWN CHOICE.

Totally agree - this whole trolling thing is clearly coming from this guy and his fellow trolls.  https://coinmarketcap.com/assets/suncontract/  You don't have to be a genius to see the linkage between the timing of the rant against Power Ledger and the FAILED Suncontract ICO. A better use of masstahcoiner's time would be to work on his own business. Supporters of the Suncontract ICO gotta be feeling really fek'd off. Now there's a SCAM. I'm an Aussie who knows Power Ledger and masstahcoiner's shite is just that - shite.

Exactly my point also., No evidence just big accusations by masstahcoiner who I suspect is SUNCONTRACT. one of the big claims above is that there is no erc20 smart contract, go to etherscan.io and search for POWR you will find it, I think if you get an easy one like this wrong, it says something about your 'comprehensive research' Is SunContract really threatened by other energy projects that it needs to agree with (or post) such negative and inaccurate statements about others. I just did a little research and found the most obvious point above is total rubbish, perhaps other can do some also.

Nobody from team didn't answer on any fact. GUYS - DON'T FALL INTO TRAP - POWERLEDGER IS A SCAM!

They still don't have gatehub source code, you don't have smart contract, you don't have ICO investment adress and public shown how much did you get btc and eth.. this is lame


---

I don't like scam ICO's  And this powerledger ico is deff. one of the most noob and scammiest ico's.

Read why - here are the facts of users on slack, telegram and from their whitepaper&webpage.

DON'T INVEST in POWERLEDGER ICO you will loose all your ETH  Shocked


1. Show us working blockchain in Australia and New Zeland, show nodes which are running; all normal blockchain have block and some block explorer people can see some transactions, look at bitcoin, ethereum, any xcoin even shitcoin have it own ledger

2. You have nothing but fake media news, some huge expert but no blockchaion behind

3. Where is your smart contract, code on githab? who wrote it, who did revisions, where is the code?

4. If you are not able to write even one smart contract for token distribution, how can you be an expert for blockchain?


5. People asked you many questions and you here and in telegram or other channels and you just ban people who ask normal questions; you use ban protection against clarifying the project and you ability!!

6. Let me know 10 users who are using your blockchain in Australia!!! Australian utility Synergy does not know about anybody is using blockchain in energy, how does it happened?

7. Give us public official from the top Synergy company who can confirm you have provide a blockchain and Synergy is using it, give me official confirmation from Synergy!!!

8. Until you not giving us a [Suspicious link removed]munity real prove about your technical abilities (showing at least your verified smart contract, and revision report as well!!!), showing us your blockchain explorer to show your working blockchain, I declare you as a FIRST AUSTRALIAN BLOCKCHAIN SCAMER!!!!

9. China ban ICO can I invest to your token anyway?

China will check past ICOs by content. So what represent your token, an investment, security or commodity? I cannot find out from your documents the nature of your token? Is this ICO legal, USA, Canada, China, Hong Kong, Singapore, Brasilia, Russia, Australia declared ICOs as scam and illegal, why do you not stopping it and return money to your investors, are you just want to take money from people and disappear to some hot islands?

10. Nobody know about you in Australia, what we can find is your fake marketing news anywhere!!! Your company is one year old and no report are shown anywhere, please report here your sheets and reports that we see your credibility.


11. You collected 8 million from 2 big investors, I am out of business, you will not get me, you ken play with this two investors if you really have them, you have enough and you do not need more money and people to robbery!!!!

12. Let's explain why you need 30 million USD to develop utility energy platform, where you have NO UTILITY, no international business, not even develop east coast of Australia not West own Perth, no Europe, Asia, Middle East ot US utility contract, partner, show me agreement for one on each continent!!!

13. How much taxes is going to be taken from invested funds??? Australia has 25% profit tax and how are you manage it?

14. If you move all fund to some offshore, let us know where are you going to put our money and who will be responsible for it? If it stay in Australia, government can take 25 and up to 50%!!!
ICO is illegal in australia and Australian government is against all crypto currencies and ICOs are not welcomed, people you will lose all money in this business.
This guys already robbery some investors from Australia and almost go to default!! Show your financial sheets and prove your history of operations for last 5 years!!!

15. There is no other people than from your company, no international team, no experts, no developers, no international reputation guys from energy, IT or legal, no experts, no knowledge on energy business, no trading energy experts, no blockchain experts

16. They are self declared experts and what they have got is one movie star who they paid with your money and one whale who has got 50% discount and he will triple his money because he controls all funds

17. Now they need community to bring real money in it to make robbery effective, do not trap on it!!!!!

DON'T INVEST in Powerledger ICO  - you will loose all your money - they will not deliver anything!!!

Nice try defacing Australia, what because we have dirt and kangaroos we can’t have blockchain tech? That’s just insulting, also the partnerships and organisations they have working with them are massive for Australia, if you where Aussie you’d know this!