Scam oyster PRL | Bitcointalksearch.org

Distinctin

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Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: marcbitcoins on June 09, 2019, 09:03:43 PM

If this project is a scam then why until now they are still in crypto market list which is one of the trusted crypto guiding site? Maybe we should wait for more update before jumping into some conclusions as i believe that they have just some isolated issues that need a long term adjustments but hopefully this will not ended as a scam too that they are just affected by the bearish market.
https://coinmarketcap.com/currencies/oyster/#markets

There was on exchange anymore attached in the link you posted.
AFAIR, it was traded in Kucoin before and price has really skyrocketed during the last bull run, lucky for those people who were able to sold their tokens.

We should not be greedy, I have some friends who regretted why they did not sold their PRL tokens last bull run, now they are losing confidence that it will still recover. HODL is sometimes bad, it's only good for the king which is BTC.

Hopefully someone can give some light regarding the update of this project.

Enzo05

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Activity: 938

Merit: 102

PRL already escaped since 2018 the only good thing is that I already sell mine when hype but I just sell it because already get a huge profit but I don't think they are scam at that time well, now that they are scam I am relieved that I cash out.

tukagero

full member

Activity: 994

Merit: 103

Yes oyster pearl went to scam, cant even find the coin on coinmarket cap. Im still lucky that i sold my tokens when the hype is ongoing and did not hodl it for a long time.

bgaf

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Quote from: marcbitcoins on June 09, 2019, 09:03:43 PM

If this project is a scam then why until now they are still in crypto market which is one of the trusted crypto guiding site? Maybe you lost your Pearl investments due to poor strategy and you want everyone to dump their Pearl assets too. https://coinmarketcap.com/currencies/oyster/#markets

Its been a while and this post has been revived again. Yes Pearl is a good project but too many allegiations has been flagged with them. I guess some are true and some are just false statement. The reason why there are still trading happened cause it has traders and investors still. Coinmarketcap will be alerted if something fishy is going on, I know the team of Pearl wouldnt waste the time to scam people for a well established project.

marcbitcoins

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Activity: 854

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If this project is a scam then why until now they are still in crypto market list which is one of the trusted crypto guiding site? Maybe we should wait for more update before jumping into some conclusions as i believe that they have just some isolated issues that need a long term adjustments but hopefully this will not ended as a scam too that they are just affected by the bearish market.
https://coinmarketcap.com/currencies/oyster/#markets

patz22

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Activity: 1176

Merit: 104

Quote from: Jonking on June 09, 2019, 03:51:53 PM

i think it was not a scam.. if your smart enough to secure your investment last ath of this coin was @ 4$ i think, you should have sold it at that price

Dude did you even read the statments above? What do you mean not a scam? It is! There are proofs and this was old. If you had this before and sold at ATH well you are lucky enough but if you are saying that it is not a scam because you have it bro you are doomed.

Jonking

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Activity: 700

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i think it was not a scam.. if your smart enough to secure your investment last ath of this coin was @ 4$ i think, you should have sold it at that price

acheampong64

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Activity: 588

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It's true but that doesn't mean they scammed investors. What they he did was that he cheated. It's like he created more tokens for himself and sold into the market quietly but for the project, it still lives on. These are some of the reasons why crypto is being found difficult to go mainstream. Some of us are just "savages"

mdzahed134

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Quote from: ciacio84 on October 30, 2018, 08:06:41 AM

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

Oyster (PRL) is exist scam it's already clear if you research some point details in this article https://cryptoticker.io/oyster-pearl-founder-exit-scam/

PRL CEO printing million of coins and instantly selling in big exchange OMG!

And this is the transaction:
https://etherscan.io/tx/0x2321e305c20f45429f11045b9235e9bbd66b17bacede173ca86144ac5533d3bf

Edit: Important Update
https://medium.com/@bill_26126/oyster-update-b813390ce10e

jagdeepjd

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Activity: 700

Merit: 251

Quote from: ciacio84 on October 30, 2018, 08:06:41 AM

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

I hope its not a scam project as its valuation is around $43mln at the moment and if the thing you said is true and the developers are looking to abandon the project then it's going to hurt a lot of people.

I followed their social media accounts and even on the coinmarketcap it is mentioned that it was an exploitation of code so I hope it just stays like that and team does everything to cover that up.

ashmodeus

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Activity: 1638

Merit: 518

Quote from: Bowtiesarecool on November 04, 2018, 06:42:43 AM

Token swap, but that doesn't answer the question of what's going to happen to its potentials, ecosystem, and trust issues especially in light of less vulnerable competitors out there. Short of them announcing a partnership with Amazon, can't see them dispelling this within a year

well
just how ?
i mean , since this cases,
how amazon will accept it
what amazon expecting from PRL like now,

Bowtiesarecool

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Activity: 1050

Merit: 295

Quote from: Kang TB on November 03, 2018, 07:35:27 PM

Quote from: Q2kc on November 03, 2018, 09:30:30 AM

Quote from: ciacio84 on October 30, 2018, 08:06:41 AM

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

It's Sad for oyster Prl community that this thing happened, the Annonymous who take the money is the reason behind this, lesson learned don't trust an anonymous guy on cryptocurrency because there is a chance that someday they will run for the money

so, this is why PRL price was down harder,,

full explanations about this conditions of PRL now is on this article
https://medium.com/@bill_26126/oyster-update-b813390ce10e

and this is anothers bad news in crypto industry,
because, as i know so many people believe and interested with PRL,, but what happend with PRL now,,

Token swap, but that doesn't answer the question of what's going to happen to its potentials, ecosystem, and trust issues especially in light of less vulnerable competitors out there. Short of them announcing a partnership with Amazon, can't see them dispelling this within a year

Kang TB

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Activity: 1050

Merit: 250

Revolutionizing Reward Points

Quote from: Q2kc on November 03, 2018, 09:30:30 AM

Quote from: ciacio84 on October 30, 2018, 08:06:41 AM

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

It's Sad for oyster Prl community that this thing happened, the Annonymous who take the money is the reason behind this, lesson learned don't trust an anonymous guy on cryptocurrency because there is a chance that someday they will run for the money

so, this is why PRL price was down harder,,

full explanations about this conditions of PRL now is on this article
https://medium.com/@bill_26126/oyster-update-b813390ce10e

and this is anothers bad news in crypto industry,
because, as i know so many people believe and interested with PRL,, but what happend with PRL now,,

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

Quote from: morgan4140 on November 03, 2018, 10:10:34 AM

Yes, after such an incident, it's hard not to call such a project as PRL SCAM. There is no forgiveness for this team, because thousands of people invested in the project and lost money. They must be held criminally liable and reimburse all those who have suffered.

At this point in time, the question is no longer about forgiveness, but the incompetence of any member of their team to demonstrate any knowledge of just how damaging this vulnerability is, considering the fact that they were working with a faceless CEO.
It also shows that smart contract and disintermediation is just hype because someone will always own the key to unlock it all. The blockchain is just as centralized as the centralization we like throwing stones at

morgan4140

full member

Activity: 434

Merit: 100

Yes, after such an incident, it's hard not to call such a project as PRL SCAM. There is no forgiveness for this team, because thousands of people invested in the project and lost money. They must be held criminally liable and reimburse all those who have suffered.

Q2kc

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Quote from: ciacio84 on October 30, 2018, 08:06:41 AM

Yet another scam of the world crypto oyster is a scam ... the dev sold for $ 300,000 of Prl and ran away with the money ...

It's Sad for oyster Prl community that this thing happened, the Annonymous who take the money is the reason behind this, lesson learned don't trust an anonymous guy on cryptocurrency because there is a chance that someday they will run for the money

ukloon

sr. member

Activity: 798

Merit: 281

Whether it was an elaborate scam or an vulnerability this project is seriously crap. Great for any early investors who got in early and dumped on a high but with the recent news this should be avoided. Pick another investment, a safer one in the top 30 of CMC

o_e_l_e_o

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Quote from: CryptoAssasin on November 03, 2018, 07:07:49 AM

I am really surprise on the pump of PRL at coinmarketcap when it reaches +1,609.62% as I type in this message. I immediately check those links at coinmarketcap and confirmed the issue.

There is no pump. The remaining team members behind Oyster Pearl are planning to do a 1:1 token swap to a new token to mitigate the damage done by the malicious smart contract and dumping of $300,000 on the market. The original token has been delisted from every exchange pending this swap happening in the next few days. There is zero volume, and so the price you are seeing on coinmarketcap is completely artificial.

This seems like a good opportunity to remind everyone that Substratum (SUB) can perform the same scam any time they like: https://bitcointalksearch.org/topic/substratum-sub-suffers-a-similar-vulnerability-as-the-oyster-prl-scam-5060609

AlyattesLydia

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Activity: 1400

Merit: 569

Quote from: PHI1618 on October 30, 2018, 01:18:20 PM

I think someone from the team made changes to the smart contract. And thousands of millions of unrequited tokens. These things can happen to every project. If one of the team becomes a fraud, the whole project is affected. It can enter non-return roads. The most important thing in the project for this is team team team...

Another scam case. Moreover, PRL had invested greatly. This kind of nonsense is pushing people away from this technology. Working with independent supervisory firms has become imperative.

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

Quote from: CryptoAssasin on November 03, 2018, 07:07:49 AM

Quote from: ciacio84 on October 30, 2018, 04:05:27 PM

The price was pumped in the last month of 400% .... to sell the 3 million token at a good price ... Bruno can not have done everything by himself ..... it's a scam organized by more ' people

In my opinion the whole team is involved ..... but they put the blame on the anonymous Bruno

I am really surprise on the pump of PRL at coinmarketcap when it reaches +1,609.62% as I type in this message. I immediately check those links at coinmarketcap and confirmed the issue. Coinsuper also decided to immediately suspend deposits, withdrawals and trading for PRL to minimize the scam. I agree with your statement, the whole team is involved to this or maybe only part of them and using "Bruno" to hide their shady business. This altcoin is doom and will surely be dumped hard by their investors and holders. Trust is cryptocurrency is the real deal and this type of drama is nothing new when scamming their investors.

Heard the team token unlock was just round the corner. It's quite possible that Bruno could have acted alone by psyching the team into organizing a few pump operations ahead of the unlocks for them to sell at good rates. Leveraging other people's greed to your own cause is the oldest con in the book

Topic: Scam oyster PRL (Read 9012 times)