Bitcoin Forum

https://medium.com/@fatsyabad/why-do-we-steal-fe060422bde8

1% in 24 hours? Sounds too good to be true.

ya man it is.   nothing at 1% daily is sustainable, i guess unless you have some weird system like yobit claims, and/or make your OWN token to pay the 1% with :P
anything claiming 1% interest on BTC daily (with no gimmicks) is definitely a scam tho haha
i remember seeing that article before, forget about it

UCIF is a ponzi scheme and that's a scheme. that being said if that will guarantee your investment but the fact that if UCIF just another crap coin and projects. what already promised by UCIF just another bullshit promise that always comes from the typical scammer these days. So many ponzi projects have already created again and it looks like if we are entering the next ponzi ERA and be careful with your money.
Just think if staking is the only good way for you to earn dividend.

I think it is absolutely fake or scam. Just think 1 percent in 24 hours, that's huge reward to attract fool investor. Where did you find this to post in this thread and why you opened a new BCT account to post this scam link. Especially I don't think or trust any of this scam news.

Sarmas1212, this ain't no scam. I'll prove it to you.

Post your TronLink address and I'll send you some UCIF tokens. Stake the tokens and come back 24 later and click on the Withdraw Stake button and accept the smart contract. You'll have 1% of the staked tokens in your TronLink wallet. If you click the Complete Withdrawal button, you'll have the staked tokens as well but you will no longer be staking. Soon, you'll be able to sell the tokens in the TRX Auction House. The auction house will be like Ebay for crypto only with 0 (zero) fees. TRX Auction House preview: https://ucift-auction-house.web.app/

I designed this investment so I know it's IMPOSSIBLE for you to get scammed. It is a fully autonomous and automated DApp with it's code on Github: https://github.com/oscarquin27/UCIFT/blob/master/Ucift.sol

The only way you will stop receiving dividends would be the dividend pool were to run out of tokens. If that comes close to happening, I'll have my developer set up secondary dividend pool with the 100,000,000 tokens that are being held in reserves. Currently there are 169,264,509.8861448 tokens in the dividend pool. http://prntscr.com/qezh4r

Happy Holidays!

From my developer:


Hello Paul sorry for late response, thank you for keeping me updated 👌.
By the way the DApp is done, it is deployed on Shasta for testing purposes, the  delay is due to the same problems with shasta and its poorly maintenance

https://ucift-auction-house.web.app

I don't want to deploy on mainnet yet because I want to be sure everything is working fine

It's actually sounds unrealistic. I remember my ordeal with ponzi and high yield investment schemes. The truth is that, it's been structured never to allow anyone profit out of it. I Am very certain that this 1% in 24hrs won't last for up to 100 days. Thereby leaving every investor with lesser than what was invested.

NO KYC or ID's for an investment? That ain't an exchange. So if they run away there will be no trace. Who will they pay? There is no record.

It might not be a scam. For now.  ;D
This is what might happen after some months or a year.

You buy their coin, you see it is really earning 1%. Good.
Then, you want more. So you will let that 1% stay and then maybe add some more to hasten the profits.

After you got all greedy, what do you think happens next?
Although you could make money out of this if done at the right time. Withdraw at the right moment.

The investment has been live and paying for 162 days.

That's the beauty of a DApp

Very convincing it is a scam, just think logically with their offer is that possible? until whenever fraud will always be there, so it's better to read a lot and don't be tempted quickly by offers that don't make sense

Really its like that scam and fake so don't trust this post 1% in 24 hours sounds like totally fake, i take more time many news same something but i don't trust because lot of people want scam always and i am be careful for getting pain and lossing money.

I'm glad it sounds too good to be true to you, for some it doesn't until they get scammed in the end, this is nothing but a Ponzi scheme, ignore a move on

Hi Fatsy, I pm'd you with my TronLink address. Thanks and happy holidays to you too!

(I am not going to pass up free tokens) lol

Yes it is a scam, more like a pyramid scheme, used to be victim of this acts on HYIP websites, i made some money and i lose them all, they will actually pay the 1% daily profit to keep your greed awaken and one day they will just disappear

1% in 24 hours is 30% per month, you dont need a soothsayer to tell you about this because the intro on medium says it all; steal to get what you dont have.
This is a ponzi scheme, it does not last long and never ends without a victim.

Never joined scheme ponzi site because you can lost all your money, how come with 1% in daily day, you need three months and ten day to get back your money without reach profit, if you are looking big risk better joining with project with allocated about 10% per day and you will get much profit and less risk. But I will interested with projetc are giving 1% or 10% per day because almost it become scheme.

1% in 24hours is way too huge, if everyone is getting this then no reason to keep working again, but she yourself this, where is the money coming from? It's nothing but a Ponzi scheme

There is no clear information about the token, even their Twitter is suspended. my advice, stay away from investments with returns that are very tempting. 1% a day is clearly indicated ponzi. it is better if you have some money to buy coin staking and go to the famous exchange (Binance / Coinbase), this is more real and legitimate, your money will return at the specified time and definitely get a profit.

too good to be true promises are mostly scams  and 1 percent is indeed too good to be true  .

  on almost invest schemes that i see most of them only promise small returns like 0.000xxx percent not per day but per monthly or per yearly   . can you imagine that huge difference  ?  plus you already doubted it and you already questioned it as a scam , so you know to yourself that something isnt just right therfor you must stop while you can . dont wait before its too late  .

Nowadays in the world of crypto currency scams are rampant in which it needs a long time study and research on the most new endorse project here in the the crypto currency community. We must aware and be attentive on those projects because a lot of crypto enthusiasts were victim and hopefully must be minimize as much as possible.

1000 UCIF tokens tokens sent. Should get you 10 tokens in 24 hours.

Enjoy and Merry Christmas!

f.y.i. Once the TRX Auction House opens, I will be listing the UCIF tokens for 1,000,000 TRX each (buyout price) with a starting bid of a 100 TRX  each.

What other crypto security token is paying 1% per day? ;)

I was banned from YouTube, Facebook, and recently Twitter for no explanation. I suspect its for promoting my DApp.

All the information about the token is on the White Paper.

Everyone that followed me on Twitter got this private message:

Hi, Thank you for following me. If you want to learn how to make money without gambling, trading, or a job please go to https://ucif.io/ scroll down and click and read the White Paper. Thanks!

Got them. Thanks again and Merry Christmas!

I'll report my results in a few days :)

You're fishy, newbie asking about fishy investment, then the owner show up and gives you free shitcoin to test the system, I'm sure the next your post will be "this is legit investment, the system works, 1% daily is real" ::)

I wouldn't be surprised if he / she does.

I don't have to go through with that medium article. Just from basing with the terms and percentage of return that you have said, it's an obvious scam. That's how scam investments promises their investors and you must stay away from any kind of the same investment.

People will ask for something and if it's verified and told that it's likely a scam, they'll still proceed. You should learn and take the advice of everyone that avoid such investments. Don't blame anyone that advised you if one day it collapses.

Here is what makes the UCIF investment unlike any other:

When you buy the token, you are buying it from someone that already bought the token; not a company.
When you sell the token, you are selling to an individual; not a company.
The UCIF investment is not owned by an individual. Anyone who buys ,stakes, and sells the token becomes an owner.

You got banned from all those social media because you are promoting scam or ponzi scheme. There is no way to earn 1% daily whatever the way or from any kind of investment. It's impossible to maintain your earning will be always same everyday (i've read what you said from first page)

Where is the difference from other tokens? Once a token listed on exchange, it will be changed hands between people to people who want buy/sell that token

Not actually a surprising thing. Hence im a little bit bored to these kind of common lines on most projects or few of them trying to claim to be the first one.lol
" World’s First and Only Decentralized Security Token" How many projects that do have these tag line? I cant remember the precise count though.
1% on daily basis? No investment would have this kind of return on daily stuff.

The difference is that the token will not be available on ANY exchange. Just the auction house. I'm doing this in order to avoid price manipulation.

In the auction house, the token sellers will determine the price of the token; like on Ebay.

Did you read the White Paper and how the tokens were distributed when they were created? If you did then you'd know that 1% per day is possible.

Why didn't they tell me the reason I got banned is because I was promoting a scam / ponzi? Instead, I was just banned without any kind of warning or explanation.

1% per day is unheard of in traditional finance but this is crypto. The same rules don't apply.

Name one that is similar. That is a DApp, fully autonomous with all transactions on smart contracts who's code is open source and is paying 1% in 24 hours.

I didn't proceed going into the link. Your very short description of the offer is enough for me to jump into conclusion that it is probably a ponzi type of scam.

If something or someone offers a 1% return of investment in just 24 hours then that is like offering a double your investment in 100 days. That is incredibly unbelievable therefore a ponzi if it pays or another type of scam if it does not. Either way, avoid it.

That is a scam because how can we earn 1% in 24 hours if we don't get any work? There are many more offers you can find on the internet, and they give promises that can help you to make more money in a short time. I already saw that before, and I have a terrible experience the similar offers, and I don't want to get the same experience. So you don't have to do anything because if you join them, you will only lose your money, and you will regret it. Just leave them without

It's easy for me to indicate a website that provides crypto investment services as a scam. If it provides benefits that are not reasonable or exceed those of other investment websites, we can be sure it is a scam. Yes initially they will pay, but then your money will be taken away by them. That's the trick, they seek your trust first, after you believe, you will be eaten.

What exactly makes this project a scam or a ponzi? That it generates a dividend of 1% in 24 hours?

Read the White Paper and you'll see why it's possible.

Yes, you will recoup your investment in a 100 days. Is that a bad thing?

Sounds too good to be true? In traditional finance that may be so, but this is NOT TRADITIONAL FINANCE. The same rules DON'T apply.

The ONLY way that you'll lose money would be the crypto market disappears. Even then you would still have the tokens. No one can steal them from you.

The TRX Auction House will also be a DApp which NO ONE can shut down.

Could you please expound more on this offer? I won't read the whitepaper as I am not interested to participate in it. You are very familiar with the whitepaper I assume. So perhaps you could spare us a few lines explaining the overall design of this 1% in 24 hours profit. That's double your investment in 100 days.

Sure (I'll do my best)

When my developer created the tokens, I asked him to create a total supply of 400,000,000 UCIF tokens. 100,000,000 tokens went up for sale for 1 TRX each during the STO period, 100,000,000 tokens are being held in reserves, and 200,000,000 tokens went to the Dividend Pool.

After the STO period, all unsold tokens went to the Dividend Pool.

Now, the ONLY way you can buy the tokens would be from the token sellers in the TRX Auction House DApp. Once the auction house is on the Mainnet, I will be listing my tokens for 1,000,000 TRX each (buyout price) with a starting bid of 100 TRX.

Will they sell? Only the market knows but the UCIF token is the ONLY DApp Security Token that pays a 1% dividend in 24 hours. So we shall see. 😉

Usually many beginners will be fooled by this kind of ponzi scheme, because when viewed from the bonus it is very tempting. But where there are companies or internet businesses that give 1% bonus within 24 hours. This is a fraud and this way has been circulating around us a lot, so we must be vigilant and not care about it. I was fooled by Ponzi schemes like this when I first entered the world of crypto.

that kind of scheme is started long time ago they are just making a new website and new program but in the end all will be the same it will end to be scam one day.  So investing in that is too risky and no guaranteed return.

So was I. That's why I created this one. It has the features that makes it impossible for you to get scammed.

Btw, this is NOT a ponzi. A ponzi requires other people to put in money beneath you in order for you to money. With this investment, you make money by staking the tokens to earn dividends and sell the dividends to make money. The tokens are bought and sold in the same place; the TRX Auction House.

I can guarantee that when you buy the tokens, they are yours. No one can take them away from you. And, the investment will keep paying dividends as long as there are tokens in the UCIF Dividend Pool. The amount is updated in real time is visible for all to see on the website; before one decides to invest.

SCAM! I LOST ALL MY MONEY!!

jk

The investment works as described. I staked 1000 tokens, complements of Fatsy (thanks again), a couple days ago, clicked the Complete Withdrawal button earlier today, and now I have almost 1020 UCIF tokens in my TronLink wallet!

I can't wait for the auction house to launch on the Mainnet 😁

I'm glad to hear that.

I can't wait too.

Happy New Year!

Happy New Year Fatsy!

I see that the owner has been replying to all of those description which is also my thought upon looking to the promised return. All I can say on this matter is that if you don't understand what you are investing, better don't invest at all. Don't invest to the things that you don't understand and it's not clear for you, simple as that.

I agree with you, it seems this is related to bitcoin doubler or known us Ponzi scheme. From which part they generate profit and distribute to their participants or investors? Nothing, because of the fact that after they have a huge fund they will run it away. I learned this because I scammed too many times last year similar to this strategy. I will suggest that investing in bitcoin itself will surely give you a benefit.

This investment is not that complicated. It's as easy as:

1- buy the tokens
2- stake the tokens
3- come back 24 hours later and withdraw the dividends
4- sell the dividends
5- repeat 3 and 4

or just follow the steps I laid out on the White Paper:

https://docs.google.com/document/d/1KGQtmbhF8AOjWFlEO0Tr6K-PpkGTNBhYsufL1ZNx95E/edit

Enjoy and Happy New Year!

I don't usually click spreadsheets that I don't know but if that's your explanation, I don't want to go deeper with that because I'm not investing. I'm only giving a reminder to the people that if they don't know something, don't commit to it then. And don't invest money that they can't afford to lose, this is crypto and everything becomes complicated if the investor doesn't really understand a thing of what he's investing.
Happy new year too!

Great advice!

Investing to Bitcoin itself will generate profits and you don't need to worry yourself while you are holding your assets. Need only to be well knowledgeable with your interest and not to make any bad decisions while volatility is being felt when market is not bringing good market movements.

So, may I know the value of your token? And  if it's tradable?
Because if it's not, we're all fooling ourselves here.

Sounds like a shiller. 🤭

The value of the UCIF token will be determined once the TRX Auction House goes on the Mainnet. There it will be tradeable. The token sellers will set the Starting Bid price and the Buyout price.

From my developer ...

Hello Paul sorry for late response, thank you for keeping me updated 👌.
By the way the DApp is done, it is deployed on Shasta for testing purposes, the  delay is due to the same problems with shasta and its poorly maintenance

https://ucift-auction-house.web.app

I don't want to deploy on mainnet yet because I want to be sure everything is working fine

Just now from my developer...

It's a little bit complex but almost done for mainnet

But what if it have low demand or worst none? Any plan b?
I saw some staking coins but turns out the buy orders are set below the market price.

There is no plan B. If there is no demand, then the tokens won't sell. It's going depend solely on the market.

I have a feeling that will not be the case. The UCIF token is the ONLY Decentralized Security Token in existence. The investment is a DApp that is fully autonomous and automatic with its code on GitHub. No one can stop it or shut it down.

Anyone can buy the token. No KYC/AML/IDs required.

You can earn 1% in 24 hours in UCIF dividends by staking the token on the UCIF staking platform. Withdraw the staked tokens anytime you like.

Yes it's not possible not even a big bank in America can give you that 1% per hour, if it's to good to be true you have something to doubt, that more than 1% interest is an old games put up by scammers, and people should just use their business sense to tell themselves it's not even possible.

That's why we need to be careful since anything good to be true offer is scam since there's no legal institution can give that too in short period and we must be vigilant since appealing percentage is mostly the front for people to fall for that schemes. Maybe it's time for government to raise some awareness and have a proper education about scams since there are still victims even though we are in computer ages.

1% in 24 IS possible. Read the White Paper or my explanation in the previous posts.

The UCIF investment is a Decentralized Application (DApp) not a company or legal institution.

Still working and paying flawlessly 😁

this is only possible for those who invested in hyip and any other ponzi scheme . This kind of scheme do not run for long they cant sustain that amount for long term so it will surely crash later once no one invested or no more new investors enter to give profit to other users.

Working and paying flawlessly for me too 👌

Been like that since it launched on July 14, 2019 😎

My developer just informed me that he plans to launch the TRX Auction House on the Mainnet today

The big question is token have a value at all and from what and where the market is it being traded, they can give this huge number of percentage but if it is not offering any value at all or you cannot exchange it and you will have to wait for the token to get trader I don't think it's worth it at all.

I definitely think it's scam . The article may have been written in order to draw the attention of people who are not familiar with this subject . I don't think a person who has knowledge in the crypto industry believes this article...

From what I've experienced, this is not a scam. I've been able to withdraw everything anytime I want instantly with tokens going directly to my TronLink wallet And, the investment is paying 1% in 24 hours as described. Plus, the dividend pool balance is updated in real time.

its still not scam but in the future it will also became one.  Not because it s still pay investors its doesnt mean they are legitimate for long term, there was a day it will run investors money .1%  daily cant sustain for long term there are many investment like this before where they are now?

Thank you for informing. I often thought that such projects only mislead people, and unfortunately the subject content was not detailed. I hope friends who make investments do not face the wrong situation.

Ask yourself this: What if this wasn't a scam and the the people around you are making money? Would be angry because you heard of this in the beginning and you didn't invest?

If the tokens are selling for 1,000,000 TRX each (buyout price) at today's of TRX, that's over $13,000 per token. With over 160,000,000 tokens in the dividend pool, the pool won't run out anytime soon; even with paying 1% every 24 hours. I think most people can only afford to buy 1 token or less. Why would they even buy it? Because it's the ONLY crypto token that pays a 1% dividend in 24 hours and the other features I stated in my previous posts. Remember, the only place where the token can be traded will be TRX Auction House; the 0 fee Ebay for crypto. http://trxah.trade/
preview: https://ucift-auction-house.web.app/

It would impossible for anyone to run off with the money because you are buying the token from someone else directly in the TRX Auction House. There. There is no third party. When you stake the tokens, smart contacts and the algorithm handle all transactions. There is absolutely no human interaction.

If stake 1 token, you'll have more than 3 tokens a after one year. There is currently more than 169,000,000 tokens in the dividend pool and 100,000,000 are being held in reserves.

It really is too good to be true, let's be realistic, no company can give you 1% interest, online and offline, if you know the truth about how people scam other by offering outrageous you will mark this kind of offer as a scam site, they just don't want to stop because they know that everyday newbies are coming in and looking to invest.

Right. No company can give you 1% interest in 24 hours. But this investment is not company. It's a Decentralized Application (DApp) There's no overhead or people to manage. The dividend payments come from the dividend pool when the tokens were created.

When it comes to investing when in doubts don't, you have done the right thing asking us if that is right and we are unanimous in saying that it's not going to make you good and will just lose your money, because no way a company can pay you that kind of interest not even investing in Facebook can give you that kind of interest, it is just feeding investor's greed to invest.

I gave him or her 1000 UCIF tokens so there is no chance that they'll lose money with my investment.

How about when in doubt only risk money you can afford to lose? What if my investment wasn't scam? You'd be kicking yourself for not investing just a little when you first heard of this. Like during the STO period when the tokens were selling for 1 TRX each.

Once the auction house goes on the mainnet, I will be listing the tokens for 1,000,000 each (buyout price) with a starting bid of 100 TRX.

Good news! The UCIF Auction House is on the Mainnet!

To see the auctions, follow these steps:

1) Have TronLink running and go to https://ucift-auction-house.web.app/
2) Click on the My Auctions tab then the Auctions tab
3) Click the listing to Bid or Buyout token
4) Your offers will be listed on the Offers tab

Each transaction is on TronLink smart contracts so it will require a little bit of TRX to cover the transaction costs but there are no additional fess.

To create an auction, scroll down and fill in the info on the left and click the Create Auction button.