Wepower is shady, please share | Bitcointalksearch.org

UZIzzzz

member

Activity: 168

Merit: 10

Quote from: daxkie on January 28, 2018, 03:42:59 AM

Quote from: UZIzzzz on January 27, 2018, 04:39:15 AM

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.

Yes that is correct may be only associated partners made a fraudulent but I really believe We power is a legit project and we felt now the crowd of the investors,developers and teams even in telegrams are so high because of a good impact of the project.

Indeed, I think it doesn't matter if it's a hoax.
Because the ICO project is hot enough, we can still make a profit in the short term by investing in it.

tushkanych

full member

Activity: 196

Merit: 100

I believe that this is a very wonderful project and no slander will not prevent him to succeed. He has a great future! And I look forward to the results of this ICO.

alinapvlvch

member

Activity: 276

Merit: 10

it is over, somewhere there is such probability... but here you don't learn, won't throw yet. As was with Benebit too all thought, a chtor the good project, and then and couldn't find anybody.

Webcelerator

copper member

Activity: 1288

Merit: 1010

Let's take a look at the author of this article. Emilia W has only two followers and the only article that was probably written to order. It is possible that she was thrown from the campaign largesse and she's out for revenge. Wepower is a very strong draft and it has a very powerful team. I see no reason that this project was a fraud.

JohnMacZeppelin

full member

Activity: 602

Merit: 101

Quote from: cryptogeek101 on January 28, 2018, 03:49:59 AM

If the information we have read about Wepower is something to come by then investors of the company's ICO needs to be very wary. However someone needs to contact Wepower team to verify the authenticity of the information to be more convinced.

I think if this were so, then probably the bounty manager would probably have said this first, as far as I understand, that bounty managers are people. who are hired, so perhaps he would immediately report it. In any case, contact does not interfere

Informationispower

newbie

Activity: 8

Merit: 0

Quote from: hackzang12 on January 28, 2018, 05:31:18 PM

I think it's not scam, they showed us they have the best project since 2017. Running ICO's is not easy. you need alot of effort and do advertisement. If they going to scam us then investors will file a lawsuit about the accusations.

Read the medium post before commenting. It is stated that the company they are partnering with are shady, this, however, reflects very poorly on the project.

An ico is not a scam per say but these icos are not regulated and they only offer a promise that has no obligation to be completed. This is why you should research a lot before investing, as they could if they wanted to stop working on the project whenever they wanted. And you cant do anything about it as there are no laws they are breaking.

hackzang12

full member

Activity: 392

Merit: 101

I think it's not scam, they showed us they have the best project since 2017. Running ICO's is not easy. you need alot of effort and do advertisement. If they going to scam us then investors will file a lawsuit about the accusations.

Informationispower

newbie

Activity: 8

Merit: 0

Quote from: hiddenmist on January 28, 2018, 04:00:49 AM

Quote from: Informationispower on January 27, 2018, 02:44:17 AM

Im worried about this project and here is why

https://medium.com/@EmiliaFin/warning-wepower-partnered-with-a-scam-company-d638beb74d3d

Please share so people know what they are investing in

I haven't invest in WePower but I'm planning to invest in this soon. I believe it is hard tell if this is true or not because it is only one article and one side of the story. There could also a political issue on this matter and Media nowadays cannot be trusted, they always add up a story just to make their news looks interesting.

This is the official site for The Finnish competition and consumer authority. It's not tmz... Always look at the sources, don't assume.

Here is a list of articles from reliable Finnish news sites on this company (they are in Finnish so use a translator)

https://www.kauppalehti.fi/uutiset/energiayhtio-markkinaoikeuteen-sopimusmuutoksista/vVFUDcZb
https://yle.fi/aihe/artikkeli/2015/04/24/miksi-220-energia-laskuttaa-sahkolaskussa-maksuturvavakuutuksen
https://www.talouselama.fi/uutiset/hamara-sahkokauppias-yrittaa-nyt-ihan-uudella-yrityksella/0d3d099d-9987-319a-9663-4de9a5547595

It is bad..

Quote from: Sven37 on January 28, 2018, 03:46:13 AM

thanks for the information, i was thinking about joining this ICO, so maybe i need to have a deeper look at it and do some more research.

No problem, I think this information should be out there, it might not mean the project will fail, but it is a red flag.

Quote from: Vit83 on January 28, 2018, 03:40:11 AM

80-90% ico will become scum in the next 5 years. The only question can they make u rich or it will dye faster and burn you depo;) most of them are speculation and nothing more:)

Couldn't agree more, there are some amazing projects with great teams out there but at the same time, all the bad actors are running to the unregulated crypto space. And they are giving the space a bad name.

Quote from: 99th on January 27, 2018, 05:10:30 PM

I am worried that even though projects such as this may be scams, many are still willing to buy if the hype is high enough so they can still turn a profit off the scam. This is bad because it promotes scam ICOs and encourages companies to launch them and people to buy into them just to make a quick buck.

You just need to do your research before investing, there is no doubt in my mind that a lot of people will be left holding empty bags but a lot will also make money. Knowledge is power! I do agree that it is annoying that the unregulated aspect brings so many bad actors to this space, but they will leave once the dumb money stops pouring in. It might be a while for that to happen.

mvplol

newbie

Activity: 62

Merit: 0

It's heavily promoted on Facebook. Not sure if it's a scam or not but I usually stay away from any icos I see on Facebook.

hiddenmist

member

Activity: 199

Merit: 10

Quote from: Informationispower on January 27, 2018, 02:44:17 AM

Im worried about this project and here is why

https://medium.com/@EmiliaFin/warning-wepower-partnered-with-a-scam-company-d638beb74d3d

Please share so people know what they are investing in

I haven't invest in WePower but I'm planing to invest in this soon. I believe it is hard tell if this is true or not because it is only one article and one side of the story. There could also a political issue on this matter and Media now a days cannot be trusted, they always add up a story just to make their news looks interesting.

Cubanlinx81

member

Activity: 373

Merit: 11

CryptoRex

I absolutely do not think that WePower is a shady company at all!! Actually, they have conducted an ico without relying on hype mechanisms which seem to be the norm these days which is troubling. Everything about the process of the ico has been very transparent which is why I can believe that someone would think that it is a shady project. Very surprised to hear this.

cryptogeek101

sr. member

Activity: 798

Merit: 250

homt.net

If the information we have read about Wepower is something to come by then investors of the company's ICO needs to be very wary. However someone needs to contact Wepower team to verify the authenticity of the information to be more convinced.

JohnMacZeppelin

full member

Activity: 602

Merit: 101

I do not think that this is so, but why do you think so? If you heard a comment that did not sound from officials, then of course it's a pity, but still you need to read only the officials and what they say, of course the opinions of smart people are also important, but you need to have your head

Sven37

newbie

Activity: 9

Merit: 0

thanks for the information, i was thinking about joining this ICO, so maybe i need to have a deeper look at it and do some more research.

daxkie

jr. member

Activity: 280

Merit: 5

Quote from: UZIzzzz on January 27, 2018, 04:39:15 AM

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.

Yes that is correct may be only associated partners made a fraudulent but I really believe We power is a legit project and we felt now the crowd of the investors,developers and teams even in telegrams are so high because of a good impact of the project.

Vit83

full member

Activity: 644

Merit: 100

80-90% ico will become scum in the next 5 years. The only question can they make u rich or it will dye faster and burn you depo;) most of them are speculation and nothing more:)

Glomerulus22

jr. member

Activity: 280

Merit: 3

This is exactly the reason why is better to invest smaller amounts into multiple ICOs. And even if you make 100x profit of 1/5 ICOs, you are still ok.

UZIzzzz

member

Activity: 168

Merit: 10

Quote from: redblock on January 27, 2018, 04:42:46 AM

Quote from: UZIzzzz on January 27, 2018, 04:39:15 AM

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.

"Even if"? If you are legit, you don't partner with a scam company period. Just sell what you bought for a profit and watch it burn.

Thank you for reminding me, although there may be some problems.
But almost all of the ICO projects are likely to have some fraudulent behavior, and I will sell the token at the appropriate time. Grin

99th

member

Activity: 196

Merit: 22

Las Vegas

I am worried that even though projects such as this may be scams, many are still willing to buy if the hype is high enough so they can still turn a profit off the scam. This is bad because it promotes scam ICOs and encourages companies to launch them and people to buy into them just to make a quick buck.

zzHQzz

newbie

Activity: 47

Merit: 0

Thought of it as a scam long time ago right after the company positioned as Lithuanian based, however was registered in Gibraltar. Since then there was only more hype for some strange reasons (marketing is a strong force i guess)

Also if you are really in for the green energy blockchain project - check out Powerledger (POWR) - great legit team, already a working product, guaranteed not a scam

Topic: Wepower is shady, please share (Read 271 times)