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My instinct forced me to the Community to see if this is true or Ethereum allow such scam to take part in the network, up to this time many Ethereum Address receive ( 32000 MinereumTokens worth $431.55  )  whether address participated or not it random distributed as I see on their group  people who didn't know the project got it and The project Claim to start 2017 which it is not easy to remember if you participated or not and it is not simple for all to forget group link https://t.me/minereumtoken (https://t.me/minereumtoken) all addresses receive Token they call them Genesis Addresses

Tokens received is Rocked under version 1 of MNE  no transfer to any address until you upgrade to so-called Genesis address  v2 or v3 (0ne which receive Tokens)

Token Also Listed on Livecoin with few volume https://www.livecoin.net/en/site/login (https://www.livecoin.net/en/site/login)

The airdrop seems persuasive 32000 MNE Cost 400$+

There a lot going on with the Token Until you're able to use it and until now no one confirm if he/she successes to upgrade and trade, it still confusing but the coin is on https://coinmarketcap.com/currencies/minereum/

I think of something New scam people although I'm not yet Confirmed it.

    

The situation is similiar to KickToken, they also distributed tokens among almost all Ethereum users, but these tokens are locked by smart-contract and if you would like to unlock them, you need to meet some requirements what can be buying more tokens..  ::)

You need to pay small ethereum as the unlock fees to open your wallet and you must wait for more than 30 years to unlock all of your tokens in your wallet gradually. This is a new scheme that the owner maybe was applying for a small fee but he was looking for quantity and this is a new trick to scam others.

Maybe in the long run, the MNE dev team wants to have steady "income" from this scheme. But this token has been here for a while already. I remember giving all those tokens for airdrop. I was still new in eth at that time. It is up to the users who got their share if they will unlock their wallet and pay for certain fee. Anyway, the MNE team is not obliging their users to do that. But the price of their token has gone down so much already.

There is already a topic that was made for minereum being a scam/another ponzi, you have to close this thread and discuss continuously on that certain topic.
(https://bitcointalk.org/index.php?topic=5241770.00)

It's nothing but a spam coin like kick token. The aim is to create awareness about them and gather community and see who tries to buy and afterward dump on the community and kill the price never to resurrect again.

I can never invest in such coin because the use case looks dubious, this is not a good way to create awareness for a project, it's more like a Ponzi scheme, do not be fooled

Apparently they are creating a token to scam people in this market. Unlock all tokens within 30 years? It's the craziest schedule I've ever known, don't try to send ETH to them to get these bullshit tokens.

Are you serious?
Some projects are really funny even when they are not dubious, their actions speaks volumes and reduce their investors confidence.
How do people send them ETH for unlocking of their tokens and still wait for a whole 30 years to finish unlocking their tokens. This is laughable and I pity anyone that will fall for this cheat. Even God can't punish sinners this hard.

I'm not sure if it's a scam or more like a stupid money game. If you received the airdrop, your tokens are locked, and you have to pay some ETH to "self-mine" the tokens. IMO at the time the mining process complete, your tokens will worth 0 (zero) lol ;D

And their only exchange is livecoin.

Just imagine a lot of people get 32k MNE tokens with an estimated $ 400 if sold, of course this will affect the price or even no value at all.

So I think it's useless to get an MNE token if it can't be sent or have to raise it to the top level with high ETH costs, of course this token is useless.

The exchange at Livecoin does not have a good volume of pumping, now it may be manipulation.

They have given out too much tokens so all we should expect is zero, 32000 tokens worth 400$ and you are asked to deposit 0.3eth to be able to sell your 32k tokens, it's a well planned Ponzi scheme

It's a very clever scam coming from the creator of this project. Certainly many new investors will be trapped by this huge reward. Every day we see scammer getting smarter with many different forms of scam, so be really careful.

It's a future scam most definitely! If the airdrop is locked and the users need to pay to the network to unlock it - makes no sense! Such kond of coins don't have any utility in real or crypto world. Just the owners of the coin will make some money and run away.  Nothing great is expected out of such tokens other than siphoning money out of investor's pocket!

If we need to send some money to be able to receive tokens, then I think it's not an airdrop. So in my opinion this is a scam project, they offer an airdrop worth $ 400 and you need to spend $ 50 to unlock this airdrop? What an easy job for greedy people

I’m not sure, some people I’ve heard say their account must be at level 3, I don’t know exactly what for, but from what I’ve heard they need to do that.
either for the conditions to go away or something  because I didn't get the token, I really don't care about that.
but for current conditions to be honest, $ 200 is a very expensive price to be paid for free via airdrop.

Majority of the people here have common sense people hates locking their token if this is an airdrop then you need not ask people to pay to unlock it, it's  investing not airdrop and based on their features I don't think people will be interested to unlocked their token that will need them to take years before they can claim all the tokens.

worth it for today because seeing the price on this livecoin token has a very crazy pump, but I'm sure this is only for a moment because I'm not surprised by the game at livecoin but if someone upgrades and manages to get thousands of tons it's enough to cover the $ 200 cost.

It's true for those who have MNE that results from airdrop should upgrade their account to level 3 at a cost of 0.4ETH (if I'm not mistaken) I think that's a big enough cost to redeem their tokens.
Later MNE tokens will be staked with 1.8 MNE per day from 32k, imagine how long it will take after redeeming tokens, such as extortion.

I don't know anything about this token yet, but I've read some posts and they say you need to pay some ETH to unlock the airdrop. So I think this is just a scam from them, after you unlock the token, the price will go to zero and you will lose.

This is just a day dream. All these new projects promising or giving huge price tag to their tokens will soon fissle out. Kick token is almost zero now in everyone's wallet .

Agree with you, it's all just their scams. When we pay to receive these tokens, they will lock them down for a long time. After they unlocked, I believe the price has either bottomed out or been removed from exchanges in this market

Yea, the problem is people often put all of the mess into a "scam" basket. I mean something like a JesusCoin, ShitCoin, etc., are not exactly the same as Bitconnect, scam ICOs, and whatever else.

This Minereum with self-mining thing makes no sense and has no value, but we haven't see flag/RT yet https://bitcointalk.org/index.php?action=trust;u=983948. Maybe it's just too obvious to not take this coin seriously.

Anyway, for newbie protection perhaps better to say this as a future scam, so better avoid this coin guys!

I'm regretting for claiming Minereum token because I never want useless tokens in my wallet, if I've do better digging at the time I wouldn't have joined but I guess it was because the task is easy, all you had to do is drop your wallet address

I dont see any good persuation here. How can you monetized an airdrop that has a requirement in order to earn. Most of the airdrop nowadays are really tricky or more specific to difficult requirement before getting your reward.

Thats to be expected. Who would make you earn 400$ for free that easily? Only fools would believe that when they unlocked it they can let you sell that? They need collateral for that.

Minereum is at 1125 Coinmarketcap, and it's hard to say this is a SCAM, because they are very active on social media, indeed only Livecoin trades MNE and only has a trading volume of $ 4,970 / 24h, if you have MNE from free results, maybe HOLD its good choice

I am hesitant to say that the Minereum project or MNE token is not a SCAM. Logically the requirements to follow airdrops are very easy and I think many prize hunters get 32,000 MNE tokens at a high price of $ 400. On the other hand, if I'm not mistaken, you have to send ETH fees to go up to levels 2-3. Airdrops like that are very dangerous for beginners, moreover it requires sending ETH fees.

I will never invest in such scam /ponzi, coin because the use case looks to me dubious. It's nothing but a spam coin like kick token. Do not get be fooled in a stupid money game .

I really hate airdrops that need you to send them a fee. Agreeing to do so will reduce the amount of spam as well as avoid token depreciation. But at the same time, it is also a good reason for scammers to extort your money. I never participated in such airdrops.

I think this was already discussed and who will pay a fee and you will have to wait until your 32k tokens are mined for YEARS? Yes, for years and I do think even months if they were able to collect a sum amount of fees when unlocking the wallets then they can just run away. There is no sense that they made an airdrop for this

At same think kicktoken i was receiving in mew but still locked. I asked there telegram group and everything says me. This token still locked utill complete their open exchange even if you want unlock token then you need pay fess. Omg bad required me for because there announced huge fees so i avoid kicktoken.

Minerium seems to be a fraud project, 32000 MNE is equivalent to $ 3k. This is a fantastic price but I wonder why tokens already have an exchange but cannot be traded?

if you are interested I have this token.

There are conditions that you need to do for you to use or transfer than 32k MNE. Also minerium has been trading for the past 2 years(i think). Those who got 32k of MNE in their wallets mostly does not know what to so with it so if youre interested better search for the thread here at bitcointalk somewhere.

Maybe scam, i doubt. Although it is Available treading on livecoin but need to fulfill a lots of formalities to unlock this token. New technique to fruad with people and fruad their money by offering them fees. Avoid shit tken like Minerium

I personally have stated that their platform is a scam. If it still works then this is only temporary because some time later when many people are affected by the minereum they will disappear and don't care anymore, this can be a terrible time bomb, so for those who still holding the minereum must remain vigilant.

It is difficult to come to conclusion that this project is a scam because it has been around for sometime and the team just decided to re-model the project. I do believe the current model brings more question then answer because the team can decide to dump their tokens and exit. I will not use my money to buy this no matter what

I received such tokens for a long time.  They are on the wallet and do not show any price.  And even more so, I compared the contract and it is different, not the same as on coinmarketcap.  So these are useless tokens.

Yes my dear it is a new technik for scaming people. You know I get this token, when his Velu $400 but after few days when I saw my MEW wellat I sow $10000 I'm totally confused & think about it, what happened how too I get $10000? Then I study about this token & I can know it's a scam project like MLM project (mony token, cloud token) but I notice both contact address are not same both are defined. Soo be careful and if you have any dute in any project you must study about this project

OP, you are right, i read about the minereum token and frankly it is a big joke.

On no count should you send etherum or bitcoin to anyone to unlock tokens.

As long as we can stick to our principles in the basics of crypto currency, ignoring such projects will worry less.
Kick token is another reputable example.

Yes, even if this token has been long existing in the market, it doesn't mean that it can be trusted.
The problem with this is, they haven't built a strong use case for this token.
As a self mining token, they should have at least added a good application that will cement its foundation.
But nevertheless, they just re-modelled and I don't know where they are heading this time.
I guess better look for another project that has more tangible plans.

This is not a new project and a new concept, Minerium has been in the market for years now, they just changed the concept to make it profitable for the project, and the community, but they retain the concept that they have done since the beginning, in the past there was no level and no paying to level up, for us to call it a scam it's too early to tell, but again invest at your own risk.

i am not sure if minereum is scam or not but i also recieved the amount of 32000 MNE and it was fun to see my ethereum wallet rising to 14000$ but i recieved them on a wallet which i used to only send to and i am scared to put the wallet online , if i knew before i sended them to another useless wallet so i could send a little amount to activate staking , but i do not dare with this wallet

I do not know I have not decided if it is a scam or not, however I did not like their approach (the team) first they changed the contract of the first minereum making it in fact unusable (and it was free) second to mine and move tokens version 2 you have to activate level 3 for a fee with a small sum of eth, third the contract had vulnerabilities that allowed to simulate transactions without actually moving the tokens so it was a second change of contract now I find myself 3 series of token minereum of which perhaps a valid one, certainly i did not activate anything until the situation is clearer

Not scam but looks close with scam where you must deposit several eth to active mining with your fund and received about 3 minireum every day, but liitle earning received every day make many people never allow for deposit their eth to active mining fund.

"The team has introduced a small fee of ETH in order to activate the ascend Genesis Addresses. For more details, please see this link"
That's what I saw when I checked them at Coinmarketcap. This project has been tagged and is definitely a scam, away from this bullshit project

I can categorized it as scam. Its misleading people of the free airdrop. Why would they ask people to deposit first some money to give them chance to sell. Its not a giveaway if you been asked to deposit anything. I thought that they really give those 32k tokens of mne but this is probably worse than scam cause they foolijg all users. This is no different with kick tokens which send to all eth address randomly but locked the tokens. So in short, they dont really give giveaway at the first place.

Obviously they are a scam project. Perhaps this is the most bullshit project I've seen, they requested to send ETH to activate the wallet and be able to mine their tokens. So we should stay away from projects like this and never waste time on it

I participated in this Minereum Airdrop project an now the token cost 3500$ in my wallet, few days ago they resend a blank transaction again just to remind all those who got the Airdrop tokens to level up their wallet address, it's a near perfected scam project

They gave a reminder to upgrade?, hmm it looks suspicious, especially MNE token volume is still concerned that it is better to ignore their request and leave MNE token in ERC token collection