Bitcoin Forum

Just came across a very interesting offer. It seems like a mysterious broker claiming to be one of the big [layers in the market is willing to collect Shitcoins out of poor bag holders in return for credit in his platform trading real stocks and commodities.

Here is the offer -  https://campaign.tokenfrenzy.net/BTC (https://campaign.tokenfrenzy.net/BTC)

I decided to play along and now I'm waiting to hear back more details. Meanwhile, I'm trying to find the catch in this.....why would they want my shitcoins? what will they gain by holding them? am I missing something? I have to be honest I don't mind getting valuable credit for them anyway.....

LOL  ;D ;D I saw that also the other day.....a classic give me your details and get paid for doing so...

I wouldn't look so far as the "catch" is obvious, neither of you will make something out of a dead coin but they will have you as a Lead and that is what those platforms are all about...sarcasm aside, you might get something out of this trade if the bonus they will give is respectful and you can prove your trading skills in the traditional markets

Shut up and take my Shitcoin!

Interesting idea but I will need to know the actual offer before saying if it is worthy or not. I the tokens they are asking have zero volumes than it is a smart deal anyway. I still hold some IND from their first worthless airdrop, won't mind "donating" them for the experience 

It is possible that they will accept only some altcoins, ones that at this point have a reduced value due to the bear market, but have a lot of potential. Of course, they will offer you a much lower exchange rate than the real value, and you will risk playing at their market. The offer may be real, but certainly not very profitable.

Mysterium is the devil!!! take them for free

That's the thing...current holders had so many exit points and chose to avoid it why would they sell it under market price or even at market price?? they better of selling it to BTC/ETH... Every company that is going down this road must know that so this is why I think they might even offer a bigger credit than the current value of the collected tokens

They definitely are!!

As you would ask what are the value of your Shit coin worth to them and why do they really want it?
You would also ask what are the value credits in his trading platform and what are you benefits
You might be surprised that the odds are in his favour

Well, they use your altcoins as a collateral, but point is that your position can be easily liquidated as long as crypto is too volatile, so I would skip this offer.

Let's agree no one knows the future price of tokens with such low liquidity....so it is either a very sophisticated pump and dump scheme which I hardly believe since it supposed to be a "very big" broker and as such it is unlikely they will risk their reputation. and as a big broker, I would expect them to know their market and know we would need a very good offer in order to get us onboard...that is why I'm so confused....

Hope to finally be able to get something out of my bad decisions from last year  ???

Iam trying to decipher what they stand to gain by accepting your shitcoins that have no value. One thing I am sure of is that, there is a way they benefit, which is far more than accepting your shitcoins, but you should also check and be careful, so that you are not negatively affected.

I think they have no plans to do anything with the tokens actually....just want you as a player on their platform......look at the tokens they ask for this week, some of them with 0 daily volume....

Does anyone recognize this Lion's logo??

if they are really that shitcoin loving, why chose only the few mentioned coins?
they should really take all. but you know why, they still can profit form these shitcoins after all those coins are still listed on exchanges, they may not have enough volume but the team of those projects are active still and the prices of those coins are just the result of the year long bear market.

there are shittier coins ont there, ask there if they want them too.

So its more of a marketing campaign, not bad. Probably tend to give some sort of a trading credit. "one the worlds biggest brokers" its about time some big companies and names from outside of our industry will join.

They say it is going to be a weekly thing so the current list is for this week, I guess each week they will target different tokens hopefully getting to them all

How would they do that really... something could be phishing but if it is not, I think it is better to send a whole lot of shit coins, swisscoin included  ::). Jokes apart but some coins are just so pissed that you regret investing on them.

UPDATE!
They just updated the campaign offer to 100$!


https://i.imgur.com/OcXBIdh.png (https://campaign.tokenfrenzy.net/BTC)

Shit just got real! I applied for more details and ask them for Wings, now that it is delisted of Binance it is going to keep crushing to 0.00000000

I think it is decent enough offer if the broker and company is real and will not scam or leak our data in anyway soi think we need to analyse further before taking this offer.

The only reason this could work out fine for the is if he or she is one of the pump and dump group, buy cheap ten pump the price to generate interest then dump on gullible investors. Shitcoin will end up shit and I expect 99% of them to die a natural death it is just a matter of time no matter the amount of pump

I don't really get the idea about that, i mean what is the point on collecting coins that has no value whatsoever.
Will it really able to be trade that way?

Honestly, this idea looks like burning service for shitcoins which don't have any value on real exchanges. Whoever sends to mentioned addresses should not care about future of that coins which value decreases day by day in my humble opinion. Maybe they have bot which filters better ones for holding compared to broken values and sells immediately if it can't find any real value. Who knows ???

Shitcoins or not - if you don't have access to them they're not yours. It's not some kind of famous platform like binance or huobi, so I'd like to keep my shitcoins in my wallet))

The offer doesn't make sense to me either. They may be trying to buy up projects that are viable and undervalued to sell them when they  increase in value... this still doesn't make sense.
They are probably aware of a coming bull run?
They know something we don't.

If this were true, then it means we have the chance to make our coins that all this time having no value and just staying in our wallet without having any purposes to be useful. I really hope for any more good news on this infos.

I see this as a scam site, it doesn't have anything to prove that they will receive $ 100 through sending them to them.

And exactly is the restrictions to liquidate the credit they will give us?? A lot of brokers gives free credit to start with and it is totally for free and we all know that this always comes with hard restricts, for example, trade a certain amount etc, I see this as give tokens that have no value and get credit that have no value so I better of keep my tokens as a souvenir for my loss.  :D

If that broker pays a lot of money for any shitcoins we have then i guess he must be really into something? No one would collect such shitcoins without something in return. Or i think i missed something here? Does that broker pay for shitcoins or not? lol If not then i don't bother though, he might have someone to send some shitcoins on them for him.

Well, I'm still more inclined to believe that this is a fraud. Think about it, the idea is very strange, give me your bad coins and I that there will be able to give you...

Actually the more I think about it the more I like this idea...here are my 2 Satoshis:

Trading platforms already pay a lot of money for traffic each day. They are all aware of the poor state of our market and how we are stuck with "souvenir tokens" so they probably prefer to spend this money on giving us token holders some credit on their platform to try it out. Most of us let's face it will probably lose some will make good returns.

Will they have something to do with the tokens? I hardly believe it....and if they are big as they say they will also not pump it...Do they do this without trying to gain anything? I would not bet on it either....So this leaves me with this:

They want us as players and they are willing to pay for it. The only question remaining is whether we chose to send them our tokens to get that chance on their platform? I think I'm ok with this for probably 890% of the shitcoins I'm holding

I would guess its more a marketing tactic than a way to earn money. They said they will give $100 for shitcoins, and this $100 will be to trade in their platform.
What is it for us to lose?

Throw your garbage out,if you can try with something at last then it is has no restrictions for doing that but I will say don't invest on new sites you will get scammed and always looknfor other people that they were doing this or not.

I guess you're right. Me personally I wouldn't do anything before I understand exactly who is standing behind it. Especially when they expect me to send them my tokens ...

Nope. It put me to a bigger risk to input my shitcoins. Even my shitcoins would be bigger than i expect in the future.

I guess this platform is trying to attract new users to trade their products (forex and etc). I don’t see that they are actually interested in the shit coin.

Did any of you guys ask for their tokens to be on the next week's list?

I am not sure what benefits they have collecting shit coins and i am sure majority of the people here must be holding a bad full of shit coins and what details you have to furnish to get them credited back, i am not interested to check those links but i would like to know from you how they are going to credit and which coins they will be credited for the shit coins you offer, is there any specific rates for each shit coins :D , looks like a scam to collect your details and nothing else, be careful that there is no Trojan attached in your root while accessing those websites.

I think I already know the catch, since they would be announcing the list if shitcoin and not just any shitcoin, I am thinking it wouldn't be a token that would would be willing to part with or feel comfortable calling a shitcoin.

Since it isn't called a charity organisation, I can only assume that there would be a catch, anyways let's wait and see how it goes, I doubt it would be an offer many would be willing to take when the full details comes to light.

Didn't get a reply back yet, to be fair its been less than 24 hours ago. But I was careful enough to check all links and they were safe I can tell you that

Common sense saved you though but the sad fact is that most people even don't able to find that this is high chance of scam.

What is so hard to understand here? do you how much money these companies spend on buying leads?? they don't give a damn about your shitcoins just want you as their user......So they are willing to offer you credit to play with if you send it to them. They way I see it is that they don't want only bounty hunters to join them so they ask for a "Seriousness" fee

It seems to me the catch is obvious and it is unlikely that you will be able to achieve at least some kind of success besides spent nerves!