For now it's just like always: Insufficient information but as long as people can spread some fud they're happy
ICO rating websites can't predict apparently real projects turning into scam.
Topic: Savedroid was a "scam" (it's now back). Still, don't trust experts 100% - page 5. (Read 588 times)
April 18, 2018, 01:14:55 PM
This looks more like they got hacked but we'll get to know later.
For now it's just like always: Insufficient information but as long as people can spread some fud they're happy
ICO rating websites can't predict apparently real projects turning into scam.
For now it's just like always: Insufficient information but as long as people can spread some fud they're happy
ICO rating websites can't predict apparently real projects turning into scam.
April 18, 2018, 01:07:17 PM
As you now know, Savedroid is a scam. Here’s their website:
https://ico.savedroid.com/
He even broadcasted it on Twitter:
https://twitter.com/YassinHankir/status/986551967932735488
But here’s the deal. Yes, countless investors got fooled but guess what? It was one of the highest rated ICOs. In fact, over 40 experts (some deleted theirs after realizing it’s a scam) rated it and gave it an average rating of 4.0.
You can find a list of them here:
https://archive.fo/ySMOz
There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs.
https://ico.savedroid.com/
He even broadcasted it on Twitter:
https://twitter.com/YassinHankir/status/986551967932735488
But here’s the deal. Yes, countless investors got fooled but guess what? It was one of the highest rated ICOs. In fact, over 40 experts (some deleted theirs after realizing it’s a scam) rated it and gave it an average rating of 4.0.
You can find a list of them here:
https://archive.fo/ySMOz
There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs.
Those experts are people that get paid 50$ to do a review. You think any blockchain technology/ICO expert is doing this? They can advice numerous ICOs and blockchain startups and you'd think that they are sitting behind a desk writing ICO reviews for 50$?
April 18, 2018, 01:07:05 PM
As you now know, Savedroid is a scam. Here’s their website:
https://ico.savedroid.com/
He even broadcasted it on Twitter:
https://twitter.com/YassinHankir/status/986551967932735488
But here’s the deal. Yes, countless investors got fooled but guess what? It was one of the highest rated ICOs. In fact, over 40 experts (some deleted theirs after realizing it’s a scam) rated it and gave it an average rating of 4.0.
You can find a list of them here:
https://archive.fo/ySMOz
There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs.
https://ico.savedroid.com/
He even broadcasted it on Twitter:
https://twitter.com/YassinHankir/status/986551967932735488
But here’s the deal. Yes, countless investors got fooled but guess what? It was one of the highest rated ICOs. In fact, over 40 experts (some deleted theirs after realizing it’s a scam) rated it and gave it an average rating of 4.0.
You can find a list of them here:
https://archive.fo/ySMOz
There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs.
I am not sure whether it is scam or not. But first of all we should not believe these kind of scam website. These kind of website not updating the real rating, If they got payment from the ICO's, they will show that as top and give good rating. So people dont believe this website and take decision
April 18, 2018, 12:59:57 PM
It's common knowledge that ICO rating website are totally unreliable.
And by common knowledge I mean there is tons of evidence out there that shows they get paid to review and also flat out common sense.
If someone gets scammed because they were foolish and lazy enough to trust ico rating websites, then I have no sympathy for them.
As far as the exit scam, it is really curious and interesting...
So the guy publicly posted how he scammed everyone and exited?
Doesn't that just seem terribly stupid?
So either his ego is so big and he had to rub it in everyone's faces and all of this posting will be used as evidence against him and he will be screwed.
Or, he managed to escape to a place where extradiction is incredibly difficult.
Or, someone actually did just hack the accounts and is trolling everyone.
Hard to tell which it is...
And by common knowledge I mean there is tons of evidence out there that shows they get paid to review and also flat out common sense.
If someone gets scammed because they were foolish and lazy enough to trust ico rating websites, then I have no sympathy for them.
As far as the exit scam, it is really curious and interesting...
So the guy publicly posted how he scammed everyone and exited?
Doesn't that just seem terribly stupid?
So either his ego is so big and he had to rub it in everyone's faces and all of this posting will be used as evidence against him and he will be screwed.
Or, he managed to escape to a place where extradiction is incredibly difficult.
Or, someone actually did just hack the accounts and is trolling everyone.
Hard to tell which it is...
April 18, 2018, 12:54:57 PM
Found this on another thread just posted some hours ago:
https://www.ccn.com/over-and-out-savedroid-ico-makes-apparent-exit-scam/
I guess these websites recommending and rating ICO's clearly takes money from the team behind it, just like many people including youtubers promoted something like bitconnect - only to lure ignorant investors and newbies and running away with their money.
People who lose money by buying into these scams then go around saying the whole BTC and cryptocurrency are Scam.
https://www.ccn.com/over-and-out-savedroid-ico-makes-apparent-exit-scam/
I guess these websites recommending and rating ICO's clearly takes money from the team behind it, just like many people including youtubers promoted something like bitconnect - only to lure ignorant investors and newbies and running away with their money.
People who lose money by buying into these scams then go around saying the whole BTC and cryptocurrency are Scam.
April 18, 2018, 12:50:39 PM
Solid, massive team. Nice to see some German projects coming through the ICO funnel. I like the concept, it's not new - there's a lot of projects wanting to simplify the process but this has a nice twist to it. Having said that, how will the savings accounts be affected by massive dips in Crypto like we had in January... shorting?
April 18, 2018, 12:41:51 PM
I'm not so sure is SCAM - it looks like website and twitter hacked! Don't panic and wait
April 18, 2018, 08:39:00 AM
As you now know, Savedroid "was" a scam. Here’s their website:
https://ico.savedroid.com/
He even broadcasted it on Twitter:
https://twitter.com/YassinHankir/status/986551967932735488
But here’s the deal. Yes, countless investors got fooled but guess what? It was one of the highest rated ICOs. In fact, over 40 experts (some deleted theirs after realizing it’s a scam) rated it and gave it an average rating of 4.0.
You can find a list of them here:
https://archive.fo/ySMOz
There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs.
Update:
I had some users pointing out that it would been hard to catch it as a scam because the company had many things such as physical address and passed KYC a typical scam ICO wouldn't have. I think that's a good point. My point is that experts should provide more comprehensive feedback on the ICO rather than just giving 5 rating with words like "good luck" or "strong team!" Yes, scams like this will continue to happen (though there are some that say that it might be a PR), but I thought that giving comprehensive feedback on such ICOs can reduce the likelihood of such unfortunate events.
As I noted in the post:
"There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs. "
Update:
It's back but wow! That was a bad PR. :/ https://ico.savedroid.com/
https://ico.savedroid.com/
He even broadcasted it on Twitter:
https://twitter.com/YassinHankir/status/986551967932735488
But here’s the deal. Yes, countless investors got fooled but guess what? It was one of the highest rated ICOs. In fact, over 40 experts (some deleted theirs after realizing it’s a scam) rated it and gave it an average rating of 4.0.
You can find a list of them here:
https://archive.fo/ySMOz
There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs.
Update:
I had some users pointing out that it would been hard to catch it as a scam because the company had many things such as physical address and passed KYC a typical scam ICO wouldn't have. I think that's a good point. My point is that experts should provide more comprehensive feedback on the ICO rather than just giving 5 rating with words like "good luck" or "strong team!" Yes, scams like this will continue to happen (though there are some that say that it might be a PR), but I thought that giving comprehensive feedback on such ICOs can reduce the likelihood of such unfortunate events.
As I noted in the post:
"There should be an incentive for “experts” to thoroughly research and analysis ICO instead of just saying “good luck.” I am not posting it as a wall of shame. However, we do need to be vigilant and make sure such unfortunate events happen less often, especially when so many “experts” analyzed such ICOs. "
Update:
It's back but wow! That was a bad PR. :/ https://ico.savedroid.com/
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