Topic: Will it be considered as Ponzi (Strange Bank) (Read 414 times)
Given the accussed was online yesterday and still no response to address the concerns raised on this thread, I will leave negative feedback for the time being until everything proven and said differently than the initial suspicion.
Updating this thread as I recalled they still have some questions that is yet to be answered. I saw that their last online date --as per this post was made-- was on 5th of March and still no response on this thread. Upon trying to see if they were active or give any update on their other channels --ANN thread, telegram, website, etc.-- I realized that they changed their domain --is it considered as changing a domain if we change the ".io" to ".org"?-- and updated their thread to reflect this change of address on the 26th of February, they're now on strangebank.org
Given they seemed to evading my question on whether they have access to the total supply --as they went AWOL after that-- and choose to update their domain while still ignoring this accusation against them, I personally feel the suspicion grow bigger. I wonder why they changed their address from .io to .org
The answer is that their www.strangebank.io domain has been suspended by the registrar. If you look at the domain status on Who.is, you will find that its status is clientHold, clientTransferProhibited, so they registered a .org domain to move their shit on it. Given they seemed to evading my question on whether they have access to the total supply --as they went AWOL after that-- and choose to update their domain while still ignoring this accusation against them, I personally feel the suspicion grow bigger. I wonder why they changed their address from .io to .org
These scammers do not stop and back down from their actions that may cause people to lose their funds, it is good that you alerted us of their new domain so that we can report it on NameCheap and even if they create more domains, we'll be like their nightmares.
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The “Status” content shows if your domain is suspended by your Registrar. If Status shown is “clientHold”, “serverHold” or “onHold” (screenshot below refers), then your domain is suspended by Registry/Registrar.
[1] https://247livesupport.biz/ticket/index.php?/Knowledgebase/Article/View/644/0/how-to-check-if-my-domain-is-suspended-gtld-domain
Updating this thread as I recalled they still have some questions that is yet to be answered. I saw that their last online date --as per this post was made-- was on 5th of March and still no response on this thread. Upon trying to see if they were active or give any update on their other channels --ANN thread, telegram, website, etc.-- I realized that they changed their domain --is it considered as changing a domain if we change the ".io" to ".org"?-- and updated their thread to reflect this change of address on the 26th of February, they're now on strangebank.org
Given they seemed to evading my question on whether they have access to the total supply --as they went AWOL after that-- and choose to update their domain while still ignoring this accusation against them, I personally feel the suspicion grow bigger. I wonder why they changed their address from .io to .org
The answer is that their www.strangebank.io domain has been suspended by the registrar. If you look at the domain status on Who.is, you will find that its status is clientHold, clientTransferProhibited, so they registered a .org domain to move their shit on it. Given they seemed to evading my question on whether they have access to the total supply --as they went AWOL after that-- and choose to update their domain while still ignoring this accusation against them, I personally feel the suspicion grow bigger. I wonder why they changed their address from .io to .org
These scammers do not stop and back down from their actions that may cause people to lose their funds, it is good that you alerted us of their new domain so that we can report it on NameCheap and even if they create more domains, we'll be like their nightmares.
Quote
The “Status” content shows if your domain is suspended by your Registrar. If Status shown is “clientHold”, “serverHold” or “onHold” (screenshot below refers), then your domain is suspended by Registry/Registrar.
[1] https://247livesupport.biz/ticket/index.php?/Knowledgebase/Article/View/644/0/how-to-check-if-my-domain-is-suspended-gtld-domain
Updating this thread as I recalled they still have some questions that is yet to be answered. I saw that their last online date --as per this post was made-- was on 5th of March and still no response on this thread. Upon trying to see if they were active or give any update on their other channels --ANN thread, telegram, website, etc.-- I realized that they changed their domain --is it considered as changing a domain if we change the ".io" to ".org"?-- and updated their thread to reflect this change of address on the 26th of February, they're now on strangebank.org
Given they seemed to evading my question on whether they have access to the total supply --as they went AWOL after that-- and choose to update their domain while still ignoring this accusation against them, I personally feel the suspicion grow bigger. I wonder why they changed their address from .io to .org
Given they seemed to evading my question on whether they have access to the total supply --as they went AWOL after that-- and choose to update their domain while still ignoring this accusation against them, I personally feel the suspicion grow bigger. I wonder why they changed their address from .io to .org
Ok, it is fair. Anyway, our purpose is not to bait investors but to change financial world. We will keep delivering products like this. Time will tell.
You are here to change the financial world with a 10000x return project! Have you really thought about it? Or think everyone else is stupid and you are the only smart one? It is easy to guess what is the purpose of your project, as we are aware of many such projects. So none of your analysis can reconcile this huge mess. Because there is nothing to analyze about this project, it is nothing but a machine to steal investor's money.
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"2. Who control of the current total --and continuously growing-- supply before anyone buy them on uniswap?"
The first three clickers were awarded nearly 100% supply. The supply will not exceed 21,000,000,000,100,000,000 until first withdraw (at least four years from now)
"2. Who control of the current total --and continuously growing-- supply before anyone buy them on uniswap?"
The first three clickers were awarded nearly 100% supply. The supply will not exceed 21,000,000,000,100,000,000 until first withdraw (at least four years from now)
That does not exactly answered my question, if I understand your statement correctly. Allow me to make it more specific, I am aware that you said team didn't have any allocation from the tokenomy, but do they have access to that nearly-100%-supply? I see from etherscan that the 21Q is already minted to these three 1 2 3 addresses. Do you have the private key for these wallet?
Ok so, basically this is your total token supply:
21 quintillions from first three clicks, that's 21 x 1018, or if we want to be specific, 21,000,000,000,000,000,000
100 millions from the next 100th clicks, so 100,000,000
That'll bring us to 21,000,000,000,100,000,000
We can get 100 free pat through the free pat button, but that won't count towards the deposit. The only way to progress through this investment project is through buying pat on uniswap --and presumably other platform as we progressed-- store them on the wallet we connected to your platform, type in the amount we want to deposit, click the button, and that amount will be taken from our address to a burn address. Am I correct?
Two questions if I'm good so far:
1. What's the burn address? I assume its the universal ETH burn address?
2. Who control of the current total --and continuously growing-- supply before anyone buy them on uniswap?
21 quintillions from first three clicks, that's 21 x 1018, or if we want to be specific, 21,000,000,000,000,000,000
100 millions from the next 100th clicks, so 100,000,000
That'll bring us to 21,000,000,000,100,000,000
We can get 100 free pat through the free pat button, but that won't count towards the deposit. The only way to progress through this investment project is through buying pat on uniswap --and presumably other platform as we progressed-- store them on the wallet we connected to your platform, type in the amount we want to deposit, click the button, and that amount will be taken from our address to a burn address. Am I correct?
Two questions if I'm good so far:
1. What's the burn address? I assume its the universal ETH burn address?
2. Who control of the current total --and continuously growing-- supply before anyone buy them on uniswap?
"We can get 100 free pat through the free pat button, but that won't count towards the deposit. The only way to progress through this investment project is through buying pat on uniswap --and presumably other platform as we progressed-- store them on the wallet we connected to your platform, type in the amount we want to deposit, click the button, and that amount will be taken from our address to a burn address. Am I correct?"
If you get 100 free PAT, you can choose to (or not to) deposit them in the Strange Bank.
"1. What's the burn address? I assume its the universal ETH burn address?"
The burn address the the null address. You can check this deposit:
here
"2. Who control of the current total --and continuously growing-- supply before anyone buy them on uniswap?"
The first three clickers were awarded nearly 100% supply. The supply will not exceed 21,000,000,000,100,000,000 until first withdraw (at least four years from now)
I consider this project created by a greedy for a greedy the title alone or the catchword entices or calls out greedy people to participate, the guy is telling us that they are changing the financial world, I wonder what's his level of knowledge about financial matters, telling us about changing financial matters.
It's hard to defend this project because there's no value it can and will give to the community, he has a wrong definition of value, but make people greedy.
It's hard to defend this project because there's no value it can and will give to the community, he has a wrong definition of value, but make people greedy.
Ok, it is fair. Anyway, our purpose is not to bait investors but to change financial world. We will keep delivering products like this. Time will tell.
Instead of changing the financial world, you can change your Strange bank logo it will cost you some bucks if you hire a designer to design a logo instead of this crap 
Please do not underestimate people's minds; whoever has an iota of sense will believe that there is a 10,000X return on his deposits; you do not have a work team, you do not have sufficient information on your website pages, you do not have communities on social media other than four subscribers on your channel in Telegram, you do not have a whitepaper, add that your domain is new. You do not have any goals other than stealing money and deposits of investors; your Ponzi project is 100% SCAM; thank you to the OP for his warning against using your platform; I will now put a link to report the domain of your strange, funny, suspicious bank until it is down.
[1] https://www.namecheap.com/support/knowledgebase/article.aspx/9196/5/how-and-where-can-i-file-abuse-complaints/
This bank is truly strange. First of all, when it comes to paying interest on deposits banks typically make the best decisions. Banks offer low rates that are frequently lower than annual inflation. Before we can label this Strange Bank a fraud, we need not conduct extensive research. It is clear that this project is a scam. Even if they were able to pay for it with the tokens of this project, the rate of return is just too high for the market to consider it valuable. Its inflation is higher than that of any nation that prints its own paper money.
I'm sorry, what?
Do I understand this correctly, we connect our wallet to your platform through MM --or whatever-- when we click "free pat" button, we paid an ETH fee to have 100 PAT sent to a burn address instead to our wallet?
Do I understand this correctly, we connect our wallet to your platform through MM --or whatever-- when we click "free pat" button, we paid an ETH fee to have 100 PAT sent to a burn address instead to our wallet?
"free pat" button is a giveaway and will simply give you 100 PAT. If you want to deposit to earn 10,000x profits, you click "deposit" button, which will burn your PAT tokens and document your deposit on blockchain.
Ok so, basically this is your total token supply:
21 quintillions from first three clicks, that's 21 x 1018, or if we want to be specific, 21,000,000,000,000,000,000
100 millions from the next 100th clicks, so 100,000,000
That'll bring us to 21,000,000,000,100,000,000
We can get 100 free pat through the free pat button, but that won't count towards the deposit. The only way to progress through this investment project is through buying pat on uniswap --and presumably other platform as we progressed-- store them on the wallet we connected to your platform, type in the amount we want to deposit, click the button, and that amount will be taken from our address to a burn address. Am I correct?
Two questions if I'm good so far:
1. What's the burn address? I assume its the universal ETH burn address?
2. Who control of the current total --and continuously growing-- supply before anyone buy them on uniswap?
It is unfair to tag a project because it sounds like crazy. If you find vulnerabilities of the smart contract, we are very happy to deal with them. If it is unclear about the design and methods used in the project, we are also very happy to explain.
No, you're tagged and reported not because your project sounds crazy but because there are a lot of things missing in your project, like the people running your project, and transparency on the supply audited smart contract to name a few, we have already seen so many crazy projects in the community and yours is not different but the scheme is quite unique but in the end investors and supporters will eventually lose money.
Ok, it is fair. Anyway, our purpose is not to bait investors but to change financial world. We will keep delivering products like this. Time will tell.
Changing the financial world with a platform like this, you still have not addressed the value of this platform
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Therefore, the token is named “Patience”. We are playing with time.
so playing with time will change the financial world, I think you better invent a time machine so your token will have good usage.Honestly, your project sounds strange but I've been through a lot on the altcoin, I even stumble one project here when I was a newbie where you get paid to fart or a token created for bottled oxygen
It is unfair to tag a project because it sounds like crazy. If you find vulnerabilities of the smart contract, we are very happy to deal with them. If it is unclear about the design and methods used in the project, we are also very happy to explain.
No, you're tagged and reported not because your project sounds crazy but because there are a lot of things missing in your project, like the people running your project, and transparency on the supply audited smart contract to name a few, we have already seen so many crazy projects in the community and yours is not different but the scheme is quite unique but in the end investors and supporters will eventually lose money.
Ok, it is fair. Anyway, our purpose is not to bait investors but to change financial world. We will keep delivering products like this. Time will tell.
I'm sorry, what?
Do I understand this correctly, we connect our wallet to your platform through MM --or whatever-- when we click "free pat" button, we paid an ETH fee to have 100 PAT sent to a burn address instead to our wallet?
Do I understand this correctly, we connect our wallet to your platform through MM --or whatever-- when we click "free pat" button, we paid an ETH fee to have 100 PAT sent to a burn address instead to our wallet?
"free pat" button is a giveaway and will simply give you 100 PAT. If you want to deposit to earn 10,000x profits, you click "deposit" button, which will burn your PAT tokens and document your deposit on blockchain.
It is unfair to tag a project because it sounds like crazy. If you find vulnerabilities of the smart contract, we are very happy to deal with them. If it is unclear about the design and methods used in the project, we are also very happy to explain.
No, you're tagged and reported not because your project sounds crazy but because there are a lot of things missing in your project, like the people running your project, and transparency on the supply audited smart contract to name a few, we have already seen so many crazy projects in the community and yours is not different but the scheme is quite unique but in the end investors and supporters will eventually lose money.
Just by reading the informations on their main website you can easily spot multiple red flags first of it it’s the promised returns which are incredibly high and not realistic 10,000x so it’s is highly unlikely that a legitimate investment can generate such returns without even introducing their plan. Secondly they seem to be focused on recruiting more people to join and deposit money instead of introducing their business. Finally there’s absolutely no transparency about how the returns are generated and how the investment works is also a concerning factor because if an investment opportunity is legitimate in my opinion and logically talking they should be able to provide clear and detailed information about how it generates returns.
New created account is promoting what he calls a strange bank i suggest calling it a Ponzi scam that will make your money disappear
New created account is promoting what he calls a strange bank i suggest calling it a Ponzi scam that will make your money disappear
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Third, many people may miss deposits. A person needs to deposit only once per month, which discourages automated depositing by code. Every person has chance to miss a deposit. If miss a deposit, you will lose all your deposits and have to reset your account to start over again. Therefore “RESET” bottom is here. (answer to PX-Z’s question):
When you deposit, PAT will be burned, while the time and amount of your deposit will be documented on blockchain. When you withdraw, PAT will be minted based on your records on blockchain.
Third, many people may miss deposits. A person needs to deposit only once per month, which discourages automated depositing by code. Every person has chance to miss a deposit. If miss a deposit, you will lose all your deposits and have to reset your account to start over again. Therefore “RESET” bottom is here. (answer to PX-Z’s question):
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Their app/account is also strange why would they put a reset button just to clear the whole account balance such feature is unnecessary and useless.
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I'm not good at reading contract, but I dont don't think this project has a smart contract that lock everybody's PAT and the LP? I can't find this info on their very minimalist website, but if I'm correct, then I'll say it's more of a money-grab than a ponzi.
(holydarkness)When you deposit, PAT will be burned, while the time and amount of your deposit will be documented on blockchain. When you withdraw, PAT will be minted based on your records on blockchain.
I'm sorry, what?
Do I understand this correctly, we connect our wallet to your platform through MM --or whatever-- when we click "free pat" button, we paid an ETH fee to have 100 PAT sent to a burn address instead to our wallet?
Okay thank you for the hint, I never knew how to become a DT member though I was thinking is due to your availability and activeness on the forum or that automatically makes one a DT member. I think I have got an insight of how it works now.
In that case I think that you might wanna read LoyceV's Beginners guide to correct use of the Trust system so you have a full understanding on how it works before you start sharing feedbacks and adding/removing people on your Trust list. 
Well I would have done that but due to I am not a DT member I can't just give tag. So if there's anything that needs to be tag I will request those DT members to tag them.
Just because you are not on DT yet doesn't mean that you shouldn't leave feedback. The only way to end up there is by DT member adding you on his Trust list and that won't happen until you start leaving feedbacks. So, if you think that someone is scammer, leave appropriate feedback.The returns is obviously noticable, how can a project offers promise to offer 10k return of investment how does it sound to your hearing. Legit or fake?
They offer return in their tokens (and they can mint those as much as needed) not in other currency that they don't control. Whether those kind of shitcoins can have any value is another question, to which answer is quite obvious. Okay thank you for the hint, I never knew how to become a DT member though I was thinking is due to your availability and activeness on the forum or that automatically makes one a DT member. I think I have got an insight of how it works now.
Well I would have done that but due to I am not a DT member I can't just give tag. So if there's anything that needs to be tag I will request those DT members to tag them.
Just because you are not on DT yet doesn't mean that you shouldn't leave feedback. The only way to end up there is by DT member adding you on his Trust list and that won't happen until you start leaving feedbacks. So, if you think that someone is scammer, leave appropriate feedback.The returns is obviously noticable, how can a project offers promise to offer 10k return of investment how does it sound to your hearing. Legit or fake?
They offer return in their tokens (and they can mint those as much as needed) not in other currency that they don't control. Whether those kind of shitcoins can have any value is another question, to which answer is quite obvious. Jump to: