Topic: The biggest crypto fraud of all time - page 4. (Read 661 times)
I wasn't involved in this project, but I read about it. Unfortunately, scam can overtake us at any time and this situation only confirms it.
There's also the hex scam now that guarantees profit for their investors. I think it's able to make a lot of money from those blind followers. They all think that the owner of it is telling the truth which promised those returns and sign of passive income.
It's plustoken that's also one of the biggest fraud ever which has embezzled billions of dollars too.
It's plustoken that's also one of the biggest fraud ever which has embezzled billions of dollars too.
passive income is usually one of the common grounds of most scammers. if you do believe that you will get your income throughout your lifetime from their business model, not only think twice but many times. because theres no such project that can give you passive on your lifetime. and most of them are running ponzi scheme, so if you are behind the trail, you wont even get your initial investments.
i guess by now crypto users have had their share of losses from these failed projects so we are more smart now in approaching these blockchain projects....
A friend once told me about it, but right there and then, I became seriously in doubt of it. I am just trying to imagine what the fate of the investors that lost huge money would be. This has really shown that so many people do not knows what cryptocurrency truly is, let alone understanding blockchain technology.
It's true that many people make good money off bitconnect and one coin, those who did have a plan to invest for short term only which is a good way of investing on new coins generally but there is really no way to know that they will exist scam
How much they have made from bitconnect is not worth with how much money that already scammed by bitconnect scammer. I have seen it was scamming multibillion worth of the bitconnect and that's a really huge amount. Maybe, there is an assumption if that is not the real amount of money caused by that was just the valuation of bitconnect based on the CMC. Just try to take short term investment to the new coins are better choice than bet it on the long term. If that was not having good fundamental and it can turn to the scam project.
A scam project is always starting from loosing its credibility.
I always think that bitconnect scam was the biggest in crypto space until i heard about one coin, a Ponzi scheme that defraud investors approximately $4 billion around the globe and one coin ceo have been missing since 2017, we really need to be very careful where w invest our hard earned cash, when a offer is too good to be true there is always more that met the eye
I remember people calling one coin the bitcoin killer, lol 😆 oh i hate centralized coins, the fact is there was no coin mined, no blockchain, nothing, I have never seen anything like it, any coin that claims to kill bitcoin is red flag lol,
I remember people calling one coin the bitcoin killer, lol 😆 oh i hate centralized coins, the fact is there was no coin mined, no blockchain, nothing, I have never seen anything like it, any coin that claims to kill bitcoin is red flag lol,
any coin that promises to make you money is a red flag
a coin that claims to kill bitcoin is just a marketing strategy not a red flag in my opinion
Yes, I totally agree with you, bro, for now Bitcoin remains the most popular coin with the number one trading volume in the world. But it does not rule out the possibility that altcoin can outperform bitcoin in the future, because the world of cryptocurrency cannot be predicted with certainty.
There's also the hex scam now that guarantees profit for their investors. I think it's able to make a lot of money from those blind followers. They all think that the owner of it is telling the truth which promised those returns and sign of passive income.
It's plustoken that's also one of the biggest fraud ever which has embezzled billions of dollars too.
It's plustoken that's also one of the biggest fraud ever which has embezzled billions of dollars too.
Bitconnect is a very well-known case, In 2019 we have another huge scam project, Plustoken, its negative impact is still affecting the market at the present time. Another similar project, Cloud Token, has just been investigated by Chinese police.
I know a lot of people who managed to make very good money on the ONE coin. The fact is that before investing your money in such projects, you need to understand whether you are doing this on time and assess your risks. At Bitconnect, too many people were able to make good money also. I do not say that these scam projects are good, but I believe that everyone should assess the risks of the project.
Not new type of scam accusation here in this industry. Some people might call it a blessing after getting the most of it while the other call it hell after being devastated. I've seen some positive whatabouts with these and I knew there will be a negative since the market is a pure speculation and manipulation. The one who did lost are new comers and investors on that coin, there is no doubt about that, the risk should be assessed from the start and be knowledgeable on what it could bring to you.
Luckily i never get tempted by bitconnect at that time, maybe it's because i was too focused on bitcoin only, i checked bitconnect out several times but i was not certified because i was once a HYIP investors and bitconnect interface looks like a one of a HYIP project i knew
Its hard to believe any project in cryptocurrency until some strong regulations come into pictures. Projects even running successfully for some months are turning into scams. There is long list and still counting.Cryptocurrencies have high volatile nature so only an amount should be invested which one can afford to lose. Any big coin can shrink anytime, always invest safely.
It's true that many people make good money off bitconnect and one coin, those who did have a plan to invest for short term only which is a good way of investing on new coins generally but there is really no way to know that they will exist scam
I know a lot of people who managed to make very good money on the ONE coin. The fact is that before investing your money in such projects, you need to understand whether you are doing this on time and assess your risks. At Bitconnect, too many people were able to make good money also. I do not say that these scam projects are good, but I believe that everyone should assess the risks of the project.
The scams are everywhere, we should not fall the investment platform which gives high return, just like PlusToken seems this year is the biggest scam of 2019.
I always think that bitconnect scam was the biggest in crypto space until i heard about one coin, a Ponzi scheme that defraud investors approximately $4 billion around the globe and one coin ceo have been missing since 2017, we really need to be very careful where w invest our hard earned cash, when a offer is too good to be true there is always more that met the eye
I remember people calling one coin the bitcoin killer, lol 😆 oh i hate centralized coins, the fact is there was no coin mined, no blockchain, nothing, I have never seen anything like it, any coin that claims to kill bitcoin is red flag lol,
I remember people calling one coin the bitcoin killer, lol 😆 oh i hate centralized coins, the fact is there was no coin mined, no blockchain, nothing, I have never seen anything like it, any coin that claims to kill bitcoin is red flag lol,
One coin was a year before then bitconect. One coin organisers are being trailed now, that means Bitconect organisers will get trailed next year. Law works slow. MtGox was trailed only last year I believe and it happened in 2014.
Crypto scammers have no fear or shame to prey on their victims because they believe no law can hunt them down, some are already been caught and many more escaped without getting caught, the most annoying part are teams that shows their identity online to deceive investors, i hope regulation will put a stop to all this soon
Any coin can be a scam at the end of the day, developer can still leave the project after 10 years of working with it and this is why we need to take profit always and don’t be too greedy on holding with your coins. There’s a lot of scam projects before, whether its big or not it can still affect the market, it will be hard to trust the market if you’re one of those victims. Biggest fraud is Limiting yourself from knowing better, cryptocurrency is not a safe investment well the most volatile price movements.
The best strategy is to first recover your initial investment and earn as much profit as you can. Never trust any project as they may exit at any time. Crypto market is full of scams and we have to play sensibly to get our money safe in the market. You can find people who still got benefits from ponzi scheme like bitconnect.
Any coin can be a scam at the end of the day, developer can still leave the project after 10 years of working with it and this is why we need to take profit always and don’t be too greedy on holding with your coins. There’s a lot of scam projects before, whether its big or not it can still affect the market, it will be hard to trust the market if you’re one of those victims. Biggest fraud is Limiting yourself from knowing better, cryptocurrency is not a safe investment well the most volatile price movements.
The best strategy is to first recover your initial investment and earn as much profit as you can. Never trust any project as they may exit at any time. Crypto market is full of scams and we have to play sensibly to get our money safe in the market. You can find people who still got benefits from ponzi scheme like bitconnect.
I remember people calling one coin the bitcoin killer, lol 😆 oh i hate centralized coins, the fact is there was no coin mined, no blockchain, nothing, I have never seen anything like it, any coin that claims to kill bitcoin is red flag lol,
I just laugh when I read comments like that. Exaggeration is another tool of scammer to promote their scheme. Many had been persuade that onecoin will replace Bitcoin. It was very popular in one area in my country, those local promoters often ends up in a heated discussion whenever someone ask legit questions pointing to the Onecoins scheme being scam.
Plustoken is one of the largest crypto related Ponzies for sure.
Cloud token is another large fraud still going on.
https://twitter.com/Crypto_Even/status/1208989928148750336
China arrested some of them. 😁
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