Bitcoin Forum

Hello,

All of you,

What i experienced in past few months that the ALTCOIN which involved in MLM or NETWORK MAerketing are really making a great SCAMS.

For Example - ASIADIGICOIN  , CHAMPCOIN .

CHAMPCOIN made a big pit in TRADERS at the initial stage the rates are 45000satoshi and suddenly dropdown to 1 SATOSHI....Really a big dump and SCAM by ALTCIN DEVELOPER.

i means that 45000$ Will convert into 1$ only.....


So this is request to all traders and investors dont follow the MLM altcoin they make a big fraud.

I want to ask ,, what is the total supply of CHAMPCOIN? From the price of 45000satoshi down to 1satoshi is extraordinary of course.

The real scam here is your user name LOL
You fucked up the layout of the forum tables. :(
Which made the topic titles shrink on me.

But yeah MLM scams are real in crypto.
LEO coin ring a bell ?

And yup they are bad.
The only thing i hear is that you lost money on one.
What did you think was going to happen ?
Would you be here bitching & complaining if you made lots of money on one ?
Nooooooope.

MLM participants know they are getting involved in one.
The signs are obvious.
But greedy shady idiots are compelled to get involved.. then cry for sympathy when they get burned.

You are not getting any from me.

http://my.peraduan.com/wp-content/uploads/2016/08/mlm-crying-pyramid.png

Hi all,

from the website of Champcoin, it looks pretty normal.

how do you differentiate an MLM coin from a normal one? please share so all the newbies like me wont be scammed.  ;D

This kind of dump does not mean it is a scam, you should carefully examine pre-mine rate etc but premine cannot be also seen as a scam.

Google........................... before spending one cent.

Simple huh ?

Try Google searching "how do i spot MLM scam"

This..
Right here..
Is the worlds peak height in human stupidity in human history here on this forum.
Humanity's intelligence level is dragging on the ground it's so low.

How the fuck do any of you even manage to get on the fucking internet ?

MLM falls under the PONZI category because of its get rich quick attitude but this should not be generalize with all the coins that involved in it because the coin dev might not even be aware of it or only intend to use it to pull crowds.

If you join unlimited and uncapped ponzi scheme of course you say scam.
how possible with capped circulation supply 45000$ to 1$.
sure it is ponzi.

This is why you always have to do proper research before investing in and ICO or anything for that matter. Following the the sheep will only get you slaughtered.

ICO = SCAM
So uhhhh  :D

You do realize there is other alternatives than participating in ICO scams right ?

Thats really a good one :) And I agree...

That's correct with most of them. So, different countries are banning them. It's all upto user whether to fall for such scam or not.

Wow op, you really are one unlucky bastard. Really though, i feel bad for you if you really invested in that coin. Now I don't wanna say that you're stupid if you invested on it, but sadly, i already said it. You need to be called one so you can think twice about what you are gonna do next time. I hate scammers. But i also hate stupid people who let scammers scam them. I wish you learned your lesson.

Yes,you should have a research first before thinking of any thing that affectsa the coins,and make sure before you invest you really know what is the history.They are right that following the sheep will make you slaughtered.

I actually laugh on what you have said here since its been always the truth on why people do even ask a simple thing which can be possible be search on internet or just by using google.You will able to find answer related to your question.Dont be lazy on just asking to community even to those simpliest things.Dont be always a person be spoonfeed. Back to topic, 45k sats to 1 sats is horrible and im sorry for op's loss of money and its always been the risk on engaging on crypto investment world.

This made me laugh -- literally out loud.

With the OPs user name and questions, I believe any logical responses will fall on deaf ears.

A little advice: If you deal in crap coins -- expect to get burned. Many of them are scams.

Like Spoetnik suggested -- it's always a good idea to use the "Googler" to learn how to spot suspicious ICOs and coins.