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Topic: 'Squid Game' cryptocurrency scams $2 million - page 9. (Read 1910 times)

jr. member
Activity: 916
Merit: 1
It makes me feel sad that some projects hump on hype and other more perspective ones have to go their way step by step and fight for attention. But what's nice that most coins see dump in a very soon time and natural growth remains untouchable. Hope Crypton will gain its public soon.
jr. member
Activity: 588
Merit: 5
People are inspired by other's success so especially newbies are really willing to invest in new meme coins and trends. They hope that they will also find a new dogecoin so they buy snubbing research. Maybe, it will end, when people become more careful and will investigate projects before investing. There is plenty of information about every project on the Internet but it is still require a lot of time to explore.
I can't even imagine how can it be done differently, especially in crypto sphere. And I'm intrigued with a new teaser that appeared within the social networks and forums.. Seems that some updates are coming connected to Crypton exchange.. This way of posting pictures without any text is making me crazy Smiley
Well, developers love all sorts of hoaxes and mysteries.=) I think that in this way they are trying to warm up interest in the project and in upcoming updates.
donator
Activity: 4718
Merit: 4218
Leading Crypto Sports Betting & Casino Platform
As far as rug pulls go, you have to admit that this was one of the funniest of all time.  The fact that the show was about a bunch of people who make poor financial decisions fighting to see which one of them gets all the money, then you have the exact same situation recreated by an altcoin...  It's a level of irony that almost seems too funny to be true.  They say you can't write this stuff, but this seems almost scripted to be hilarious from the start.  If the creator was the one who rugged and this was a plan that was executed perfectly, he almost deserves kudos for delivering exactly what was to be expected from a real life Squid Game.
jr. member
Activity: 840
Merit: 4
Crypto is a playground where the greedy citizens meet the scrupulous ones. And we all watch as events unfold. And the Squid Game team knows it. So they capitalized on the unregulated milieu to perpetrate their crime to the fullest
member
Activity: 630
Merit: 10
rocket.hashbon.com
actually not only squid game coins but there are still many memecoins that appear in the crypto market and give big losses. that's why I'm not sure myself and never invest in new coins that are booming because to avoid this kind of thing. new coins that rely on the trend will only last for a while but there are still many who are deceived and believe in it. there have been many cases like this so we should be smarter and more careful in choosing coins to invest.
full member
Activity: 994
Merit: 140
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? Smiley 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?

i saw a video on youtube showing a live streamer when $squid rug pulls in front of everyone, if we think that people will be deterred then it is wrong, even though there are many fraudulent projects circulating in the market but people's ambition to get rich in one night is really unstoppable.  scams and greedy people will always exist in the crypto market.
sr. member
Activity: 1988
Merit: 275
Squid game is still trading at the moment and the 24 hour volume is larger than most coins out there, they claimed that it is now community driven. People can believe any thing, I hope there won't be a repeat of the scam.

There will always a repeat of the same scam strategy as long as there are naive buyers of worthless coins or tokens. Now that they are saying it is community-driven, I believe some are just participating in order to at least get their initial investments on buying this token. People believe that it may be the next doge or shib, the reason why they jump on this hype. And squid game is a hit netflix tv show, so even if the team behind that squid game token is not related to the show, people bought for the sake of believing they will gain much profit but the opposite happens as the creators of the token are anonymous and disappear into thin air after collecting millions of dollars.
member
Activity: 756
Merit: 16
We All Can Make It
Squid game is still trading at the moment and the 24 hour volume is larger than most coins out there, they claimed that it is now community driven. People can believe any thing, I hope there won't be a repeat of the scam.
hero member
Activity: 1694
Merit: 719
Top Crypto Casino
Meme coin it has always been a pursuit of fortune, if you are a gambler and love to take risks then good luck to you. I know that many people have become rich through meme tokens, but I stay away from these coins. Investing in such projects is a very big risk.
How many people get rich from investing in meme coins, there is not even a source that provides information on those people, meme coins only rely on good moments and they won't last long, it's hard to make predictions about meme coins, it's better to shift focus on Popular altcoins compared to memecoins, long-term or short-term investments do not necessarily provide maximum returns from meme coins.

Lots of people got rich with coins like dogecoin, shiba inu. And all the meme coins that have come in the market are made for the purpose of taking money from investors. And you want to source that people have become rich?

In fact, even if an investor makes huge profits in the crypto market, he does not want to say that there are many reasons behind this. So no one wants to reveal, does not mean that no one got rich with meme coin.
sr. member
Activity: 1428
Merit: 436
duelbits.com
Personally, I didn't invest in here but I know this coin because it was booming after the Korean film. There are many new coins that appear in the market every day from a project and they will compete to survive in the market. not all new coins that appear can survive so it is true that we must be smart to choose coins that have good prospects to invest. I don't just point to this squid game coin but to other coins that are just following the boom, there are many coins like that and many are investing in them. it would be better if you invest in coins that are already trusted.
member
Activity: 924
Merit: 11
Meme coin it has always been a pursuit of fortune, if you are a gambler and love to take risks then good luck to you. I know that many people have become rich through meme tokens, but I stay away from these coins. Investing in such projects is a very big risk.
hero member
Activity: 2772
Merit: 576
Here he is a perfect example of how an unreasonable, logical investment ends, you don't understand what. An ordinary scam created out of the hype around the movie. It feels like people are just throwing away money that would be better spent on charity.
They did and too bad many have been scammed.

I think they're very much aware of how to scam this project is but still, they have never considered stopping because they haven't made a profit out of it.

That's why the rug pull happened and many didn't anticipate that to happen.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Here he is a perfect example of how an unreasonable, logical investment ends, you don't understand what. An ordinary scam created out of the hype around the movie. It feels like people are just throwing away money that would be better spent on charity.

Taking a kind of risk in hope to earn a lot, those people are not learning from this kind of alluring offer.

They continue supporting scammers, the way it's been response by the investors showing that people will try everything to earn.
to the point that even project like this runaway with a huge amount of money.

Project that based on the popularity of tv series  Roll Eyes you need to learn for you to survive and succeed.

Better luck next time but better also to stay away with this kind of offering, find a solid project that has real usages.
member
Activity: 1274
Merit: 14
Here he is a perfect example of how an unreasonable, logical investment ends, you don't understand what. An ordinary scam created out of the hype around the movie. It feels like people are just throwing away money that would be better spent on charity.
member
Activity: 924
Merit: 15
I feel sad for those investors but I think we can prevent such scam projects if we invest on a real project with a trusted team.

There is nothing to be sad about. The meme coin lords and senators are very well aware of what they were getting there hands on, there is no point is pitying some one with an eyes but then decide to close his eyes and walk on a high way. What do you think will happen to such person, it's a probability outcome with 70% chance of loosing and 30% chance of losing their capital. A suicide in my opinion, that's what meme coins represent.

If only they have all invested that amount on real project that will slowly develop with future potential., they would have been in mini lambos who knows. Grin Grin
I like the parable you say Cheesy and the fact is that it is because there have been so many people who have said that coins with a system like this that rely on pumps and hype and fomo in the end will only lead to misery and this is full of risks if you want to be there.
but indeed it is the choice of those who buy this coin, So, this is the risk in question and there is nothing to regret about this because this is a risk that must be taken.

On the other hand, maybe this will be an experience and a lesson that this kind of thing should not always be used as a livelihood because something like this is a big risk
jr. member
Activity: 916
Merit: 1
People are inspired by other's success so especially newbies are really willing to invest in new meme coins and trends. They hope that they will also find a new dogecoin so they buy snubbing research. Maybe, it will end, when people become more careful and will investigate projects before investing. There is plenty of information about every project on the Internet but it is still require a lot of time to explore.
I can't even imagine how can it be done differently, especially in crypto sphere. And I'm intrigued with a new teaser that appeared within the social networks and forums.. Seems that some updates are coming connected to Crypton exchange.. This way of posting pictures without any text is making me crazy Smiley
full member
Activity: 644
Merit: 100
November 29, 2021, 01:15:26 AM
#99
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? Smiley 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?



Yeah its make a huge scam I think 2million is huge amount and due to this scam most of the shit coin become affected because many people withdraw thief fund from shit project because they were afraid for thier fund because scam can be occurs any were in any shit and memes project.
legendary
Activity: 3598
Merit: 1406
November 29, 2021, 12:25:50 AM
#98
I hate to be the voice of reason and honesty.  But whoever put money into squidgame coin probably deserved to lose their money.  That is just a straight greed, gamble play and that's what happens.  Did anyone really expect squid game coin to revolutionize the financial system lol. 😂
hero member
Activity: 1358
Merit: 513
November 28, 2021, 11:34:58 PM
#97
So the question is how people still believe in all that stuff? Smiley Easy money is very hard to catch. Especially while there are coins like Cryptonprivacy 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?


People are inspired by other's success so especially newbies are really willing to invest in new meme coins and trends. They hope that they will also find a new dogecoin so they buy snubbing research. Maybe, it will end, when people become more careful and will investigate projects before investing. There is plenty of information about every project on the Internet but it is still require a lot of time to explore.
full member
Activity: 547
Merit: 110
November 28, 2021, 11:20:45 PM
#96
it's best before buying new coins like this, we first read the whitebook and roadmap of what they are going to do and also check their community.
I think this squid coin is just taking advantage of the momentum of the success of the squidgame film, those who made this could really take this momentum right, but unfortunately it was used in a bad way.
fraud with this model will continue to exist and will not end, so we must be careful in choosing a coin, especially in choosing a new coin like this.
it is better to make purchases on coins that have good projects and have good potential in the future.
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