'Squid Game' cryptocurrency scams $2 million - page 2.

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Quote from: kapalmabur on August 23, 2022, 12:39:36 PM

one of the memecoins that really makes investors like gambling, moreover this token has also been listed on GateIo,
of course this really confused me, even though there are no project developers and no roadmap, and the whitepapaer is not clear,
this is project Rugpull! , it's a shame they support Squid tokens on their exchange

Squid game tokens is a big scam projects that have extorted money from most people and also teaching them a very big lesson in fraud. The time the movie got launch on Netflix, before I knew it, thousands of people came to watch and anticipate in all parts of the movie episodes. Some gigantic Whales interested in the project dominated and invested heavily in the projects. People were hoping to see like $1k to $30k in their various wallets but were shock by the motive which projects triggered on.

kapalmabur

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one of the memecoins that really makes investors like gambling, moreover this token has also been listed on GateIo,
of course this really confused me, even though there are no project developers and no roadmap, and the whitepapaer is not clear,
this is project Rugpull! , it's a shame they support Squid tokens on their exchange

Sethrey

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Quote from: virasisog on August 16, 2022, 05:37:49 PM

Scammers usually have ignorant investors as their target. Even long-time investors have fallen into their trap because some of them put their false hope on this meme coin. Squid game token has been hyped and scammers have taken advantage of it. That's why even famous and well-known projects are risky. It's still important to check on the potential of the coin as well as the tram behind it first.

Okay, how is it possible to check the potential of the coin and get sure that it will bring a good income to you? Even Bitcoin loses so much for not the first time that it's impossible to predict what will happen and when. So how can anyone be sure in smaller altcoins?

Starkick

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Quote from: blockman on August 16, 2022, 03:47:31 PM

Quote from: Sethrey on August 16, 2022, 06:40:45 AM

Then why do you jump into this scam? Isn't it better investing in some well-known projects?

He may not be aware that this is a scam token. Investors that seems to play ignorant with what they buy are likely the ones that will lose their money to projects like this.
Being not aware of what the project is all about is like wasting and throwing your money into air and you're not expecting it to be back. Whilst these scammers are enjoying the money of their victims. No one should support and invest into scam projects because you're just feeding these scammers with your money.

Yes, but in the case of new and sharply popular coins, I think it has become very important to first verify their reliability, and not run on the lead of the crowd. Scammers have no conscience - their goal is profit.

SlimShadyMmp

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I literally dont know why people gets so attached to those meme coin and pump their money so quickly I mean what basically might happen is you get screwed if you dont get out quickly and you lose lots of money My suggestion is try it out with small money you dont mind losing and maybe you make 10x out of it and lose it That way you are much more careful

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Quote from: virasisog on August 16, 2022, 05:37:49 PM

Quote from: blockman on August 16, 2022, 03:47:31 PM

Quote from: Sethrey on August 16, 2022, 06:40:45 AM

Then why do you jump into this scam? Isn't it better to invest in some well-known projects?

He may not be aware that this is a scam token. Investors that seem to play ignorant with what they buy are likely the ones that will lose their money to projects like this.
Being not aware of what the project is all about is like wasting and throwing your money into the air and you're not expecting it to be back. Whilst these scammers are enjoying the money of their victims. No one should support and invest in scam projects because you're just feeding these scammers with your money.

Scammers usually have ignorant investors as their target. Even long-time investors have fallen into their trap because some of them put their false hope on this meme coin. Squid game token has been hyped and scammers have taken advantage of it. That's why even famous and well-known projects are risky. It's still important to check on the potential of the coin as well as the tram behind it first.

Yes, they know who to target and that's why they keep on doing projects like this. Although on this squid game token, this has already been exposed. At the same time, we don't really understand that where these people were when most articles have been published telling that this project is a scam. They should stop investing on it no matter what it promises because those are empty promises and the hype that they're believing on it will be gone, typical pump and dump and scam projects.

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Quote from: Oilacris on August 16, 2022, 06:12:00 PM

Newbie investors wouldnt really learn their lesson until they would be experiencing it for themselves and this thing would continue since scammers are just waiting for the right time for them to get in.

Whenever there's a hype or trend then they would really make use of it on scamming out those fool investors who do believe that a certain coin or project will really pump out its price.

Well, there are risk takers or who do gamble out their funds on something like this and able to make money somehow on some selected projects but most of the time it is really just
built up for some hype and then die all the way later on which would result into losing funds.

You are right, I warned my friend to avoid investing in new projects and hype coins because I did some research and found indications of scam projects, but he didn't care because he wanted high returns on his expected investment, he ended up suffering losses and there was no hope for price recovery and his worst experiences from investing in new projects.

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Quote from: virasisog on August 16, 2022, 05:37:49 PM

Quote from: blockman on August 16, 2022, 03:47:31 PM

Quote from: Sethrey on August 16, 2022, 06:40:45 AM

Then why do you jump into this scam? Isn't it better to invest in some well-known projects?

He may not be aware that this is a scam token. Investors that seem to play ignorant with what they buy are likely the ones that will lose their money to projects like this.
Being not aware of what the project is all about is like wasting and throwing your money into the air and you're not expecting it to be back. Whilst these scammers are enjoying the money of their victims. No one should support and invest in scam projects because you're just feeding these scammers with your money.

Scammers usually have ignorant investors as their target. Even long-time investors have fallen into their trap because some of them put their false hope on this meme coin. Squid game token has been hyped and scammers have taken advantage of it. That's why even famous and well-known projects are risky. It's still important to check on the potential of the coin as well as the tram behind it first.

Newbie investors wouldnt really learn their lesson until they would be experiencing it for themselves and this thing would continue since scammers are just waiting for the right time for them to get in.

Whenever there's a hype or trend then they would really make use of it on scamming out those fool investors who do believe that a certain coin or project will really pump out its price.

Well, there are risk takers or who do gamble out their funds on something like this and able to make money somehow on some selected projects but most of the time it is really just
built up for some hype and then die all the way later on which would result into losing funds.

virasisog

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Quote from: blockman on August 16, 2022, 03:47:31 PM

Quote from: Sethrey on August 16, 2022, 06:40:45 AM

Then why do you jump into this scam? Isn't it better to invest in some well-known projects?

He may not be aware that this is a scam token. Investors that seem to play ignorant with what they buy are likely the ones that will lose their money to projects like this.
Being not aware of what the project is all about is like wasting and throwing your money into the air and you're not expecting it to be back. Whilst these scammers are enjoying the money of their victims. No one should support and invest in scam projects because you're just feeding these scammers with your money.

Scammers usually have ignorant investors as their target. Even long-time investors have fallen into their trap because some of them put their false hope on this meme coin. Squid game token has been hyped and scammers have taken advantage of it. That's why even famous and well-known projects are risky. It's still important to check on the potential of the coin as well as the tram behind it first.

blockman

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Quote from: Sethrey on August 16, 2022, 06:40:45 AM

Then why do you jump into this scam? Isn't it better investing in some well-known projects?

He may not be aware that this is a scam token. Investors that seems to play ignorant with what they buy are likely the ones that will lose their money to projects like this.
Being not aware of what the project is all about is like wasting and throwing your money into air and you're not expecting it to be back. Whilst these scammers are enjoying the money of their victims. No one should support and invest into scam projects because you're just feeding these scammers with your money.

JayTrain

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Quote from: Sethrey on November 02, 2021, 07:27:27 AM

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff?

Easy money is very hard to catch. Especially while there are coins like Crypton privacy coin, which gained 50% right after the new listing and gained 50% more in the next 2 days.. People still look for some scams on their own. OMG, will it ever end?

unfortunately, there are quite a lot of such cases in cryptocurrency, and with that, scammers like to create "scam projects" on the hype and many losing their heads carry huge sums simply because of the name

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Quote from: Rupok on August 10, 2022, 02:48:25 AM

I had a lot of squad game coins.The price was about $800 may be.But suddenly I did not understand what happened. Now the price has come down to 50$.I am very dissipointed. I was also investing in Squad Game Tokens.But later found out that Squad Game scammed $2 million.Day by day the coins are just scams. Because of this investors lose faith and reduce their investment amount. We don't know when we will get rid of this scam.

Then why do you jump into this scam? Isn't it better investing in some well-known projects? Or projects like Utopia p2p and their Crypton $CRP coin that is only developing with time? Want something new to play - pick such projects, there's a minimum chance of losing everything if it's developing day after day. Moreover, it's price is rising rapidly, while the whole market is falling.

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Quote from: Sethrey on August 09, 2022, 04:38:45 AM

Quote from: Sethrey on August 02, 2022, 07:48:46 AM

Clearly, another advertisement for a new hype coin that will deflate in no time. If you were a real user, you would at least follow the development of this token and the project itself as a whole. Your words do not even want to comment.

New hype shitcoin?? Being so clever you could check everything on your own first before you've started blaming me for something. The coin is not new, it had no hype and now, while the market is going down, this coin continues to rise

So you can continue joking and following anything you want. I see no reason discussing anything with a person without any knowledge about certain things.

To be honest, I have always been amazed at the level of aggression of some users. YES, I respect cryptophanes and their preferences, but I think it's worth treating other users with more respect.

Rupok

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I had a lot of squad game coins.The price was about $800 may be.But suddenly I did not understand what happened. Now the price has come down to 50$.I am very dissipointed. I was also investing in Squad Game Tokens.But later found out that Squad Game scammed $2 million.Day by day the coins are just scams. Because of this investors lose faith and reduce their investment amount. We don't know when we will get rid of this scam.

sulendra12

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Quote from: StormHawk on August 09, 2022, 10:23:50 AM

I lost 500$ to a meme coin scam too but I already knew that losing is unavoidable when dealing with meme coins, the only meme coin that gave me the highest return was baby doge, I even missed out on Shiba inu, many people win lots of money and many lose a lot of money.

The thing about meme coin is that if you know how to get profit from that really quick, then you are most likely the winner. Just for example SHIBA INU was really hype and people buy it more that makes the price really high, if you can get profit from that pump really quick then you can do it. After that, you shouldn't touch that meme coin ever again. Every split second is really beneficial on these shit meme coins if you don't want get fucked.

KellyHands

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It's quite disheartening having to recall this project and the pain it brought to several people. It was actually the project that made me realize how rug pull works. I've never imagined that it is possible to prevent selling of a token by making some adjustments to the smart contract. The point is that we tend to learn and know more by experience in this industry.

StormHawk

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I lost 500$ to a meme coin scam too but I already knew that losing is unavoidable when dealing with meme coins, the only meme coin that gave me the highest return was baby doge, I even missed out on Shiba inu, many people win lots of money and many lose a lot of money.

kasunrandil

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yes i remember that days as today. however i have completed the airdrop of them. i received considerable amount of tokens. unfortunatly i couldnot sell at the top, if i could sell the top it could be more than $500. how ever i sold those tokens for $15 i remember. that was a huge huge scam in my memory. the reason for that unbelievale pump was the famous ' Squid Game ' tv series was very popular those days.

Sethrey

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Quote from: Sethrey on August 02, 2022, 07:48:46 AM

Clearly, another advertisement for a new hype coin that will deflate in no time. If you were a real user, you would at least follow the development of this token and the project itself as a whole. Your words do not even want to comment.

New hype shitcoin?? Being so clever you could check everything on your own first before you've started blaming me for something. The coin is not new, it had no hype and now, while the market is going down, this coin continues to rise

So you can continue joking and following anything you want. I see no reason discussing anything with a person without any knowledge about certain things.

maybukaspa

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Quote from: watergold on November 02, 2021, 08:06:52 AM

I found out about this coin from an article which did exaggerate about it.
after I saw and looked at it, it turned out that the hype started to enter as a result of the popularity of this Korean film Cheesy

on the other hand I also wanted to follow this fomo but I realized this was the wrong thing.
and now it happened, and those who had entered there should have known the risks would be like this.
so this is the end of this meme coin don't scream because they are gone because surely you already know the result will be like this

One of my friend told me this coin about the film squid game from the famous korean series. It's funny cause i almost bought this and then realized that this is just hyped coins and in a mili-seconds the founder can dump a lot of this token, I actually feel sorry for those people who buy this meme or what they called shitcoin, for sure they were surprised aswell when the value drops. Well i guess the saying is true "Every mistakes has a lesson"

Topic: 'Squid Game' cryptocurrency scams $2 million - page 2. (Read 1910 times)