Bitcoin Forum

Website: https://ichiba.io/presale
Archived: http://archive.is/vdwPb
ANN thread: https://bitcointalk.org/index.php?topic=5101947.0
Archived: http://archive.is/76Jjc
What happened: Ponzi HIYP behind Masternode.

Although I am not much experienced about masternode, but wondering how is it possible 1,044.44% / 35 days.





It's look to me they want to run ponzi scheme behind Masternode.





Thanks to ICOEthics  (https://bitcointalk.org/index.php?action=profile;u=2204241)for notify me about this project.

Website is new. They don't have a team listed on the website, not even a whitepaper (just a light paper for now) and they are asking investors to help them raise 100BTC.

https://i.imgur.com/FpCqdHt.png
https://domainbigdata.com/ichiba.io

Well it's quite normal. Lightpaper is a quick overview of Whitepaper. Normally Whitepaper gives a total overview of coins/projects specs ideas and their plans. Lightpaper takes less time to read down and gives you important information in a less time (for investors).

So it's nothing strange.

Thank you for letting me know. I really appreciate your contribution. I already created 1 article and 1 video for Ichiba project bounty. I think my time was wasted. Since bountyhive platform posted that bounty, I trusted it. How can I identify good projects? Could you please provide some useful information? It is really important for me before participating in bounties. Thank you!

What an uninformed douche! The stat on the website is officially base on the counter of https://masternodes.online/currencies/ICA/

OP, please do something else to block our developments!

Well, our presale is over by tomorrow and all we did was have a litepaper, that is right! Nonetheless, of the actual investor-fund, we will be moving with developments!

Just a note - sometimes, the percentage statistics for masternodes returns can be inflated due to an overpriced coin. I once held a masternode coin that was definitely not a scam... However, it was pumped 6,000% on an illiquid exchange, and the stats, for a brief period, began showing pretty entertaining results ($2,500 return per day on a single MN). These were real statistics, but they were, of course, short lived. I can't discern whether this particular project is a scam or not, but do keep in mind that it's possible for something to not be a Ponzi even if those insane numbers come up. Although, if the high return rates stay high for a few more days, I guess it's safe to assume something fishy is going on.

All we did is get the ROI% counter on a website as relevant as https://masternodes.online/currencies/ICA/ to trigger this guy!

You guys can decide whether the actual project is legit or not by the following weeks ! This scene literally is crazy as it is !

I like your website. It's sexy.

There is one very obvious problem, though. Right in the center, it says 1,000% return in 35 days. I'd consider this false advertising. We all know that the masternode returns depend on the price of the token, supply of the token, other masternodes, other conditions, so on and so forth. Putting that kind of ROI statistic on your website does look a bit shady. I can see why OP is sketched out.

That counter is literally an api which anyone can integrate on any website based out of a website which categorizes on the returns of a masternode and stuff --> https://masternodes.online/currencies/ICA/

We are not pushing the data being shown!

Thanks for being here and explanation.

here is no doubt about the accuracy of the numbers on masternodes.online
ROI with 1017% is unreal. here is too much masternode coin scam with high ROI, and after a few months everything going off.

I have seen your data and that's the reason you had not got tag. But it doesn't prove that you are legitimate. Also we are not calling you scammer yet. This subject to be research. And I don't have much experience how masternode work because I didn't used it before nor I am interested to buy masternode. However I will take look on it once I have free time. But all the project with high return turned into scam previously.

People, can someone answer, this is a scam project ?
They have no team photos on the site.

It's really too soon to call. The evidence is not sufficient to make a decision. Just exercise caution whilst dealing with anything of this nature... if it sounds too good to be true, it probably is.