Bitcoin Forum

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

Lol! No real world business can generate 10% income on their investment. So this looks like a ponzi scam to me. Anyone can create a token and can declare rewards even at 100% a day. But that does not mean this project is a legitimate one.

Money cannot be created out of thin air. Yes such projects get listed in pancake swap as it has become a hub of scam coins. So if you are getting this coins for free, go ahead. But do not invest your hard earned money into it.

No legit business can ever provide a daily 10% profit (for longer period of time). That's absurd amount for any business.
I'd say none of the legit business even can provide 1% profit daily for long term. There might be business achieving that but they won't be able to provide just the investors with such high income for a long term of period. They'll probably stop doing that or decrease their rate or turn into a scam. We might have seen new dex with good rates but the rate is decreased gradually as liquidity increases.
The link you provided is either a total scam or a ponzi in the process of going bust.

No honest business project can offer such high interest rates. Similar numbers can only be realized in Ponzi schemes due to the influx of new victims into the system.

10% per day is 3650% per year. Unrealistic returns that are best avoided if you value the contents of your wallet.

It's best to learn first, as our seniors here say, don't gamble your money carelessly on things that aren't profitable by participating in things you mean and don't understand, whatever the project or program.

This kind of rate is too steep for any real project or product out there. They will die with this interest rate unless there is something fishy about this. Probably this is another level headed ponzi project.

This may sound legit at first or try to give the 10% daily reward to early users as to get a certain proof of they are legit. However this kind of technique will backfire later on or those who are late comers. Sooner they will pull the trigger and run.

That's definitely not going to last long before they either change it drastically or disappear completely. Never get caught up with outlandish Apr which can not be sustainable overtime.
I have learned from experience to never believe in such fake offer, you will only end up regretting. Where will they get the funds to payment 10% daily to customers? Think.

The project is definitely a scam, it has Ponzi writing all over it, because giving investors 10% reward daily is not realistic for any business that plans to be in business for a long time. What they'll do is pay the rewards for sometime, after they've gathered enough greedy investors who'll probably sale off all their assets and others will borrow money to invest, by then the scammers have gathered more than enough returns on their scam project, they'll just shutdown. So if OP is up for the game, then it's better that he's not greedy and invests the amount that he can afford to loose, so hopefully he'll get some of his ROI before the ship will capsizes.

It is possible because they might be doing to attract people to visit nthe site. Even real or physical business centers or shops do this to attract more people to the businesses. So this should not be a first time for me to see this, I have also done such bonus package to customers before when I was working for cybercafe business center. And because of the bonus customers came and I gave them the bonus rewards. But since one is internet I will only advise you to be careful, because scammers use such rewards to attract people to be scammed.

Ponzi Scheme is also using this method to lure people and also the kind of activities you will be doing to get the reward in this kind of site should be put it into consideration. Because Ponzi Scheme most ask you to click things to get the reward every day. Just stay safe there.

it won't be long and it will become a scam. defi projects were offering 5% APY and they still ended up a scam.  that 10% they get every day will be sold in the market almost every day by users and the price will never go up til this project dies.

just forget the project and just move on to another. this kind of project will derail investors to think they are earning due to the rewards but you got to think of the real value.

10% annually is possible but if it's a daily reward, I don't think that's something legit. Those projects that have high APR/APY are likely going to lower that as soon as investors start to flock on them and stake their tokens.

You sure that you don't know? Or you are aware and you do know it because you're part of the marketing of that platform and you do the exposure of it in every other platform?

10% every day?

How could a project even reap that much profit let alone willingly spend it for their customers most scams rule people in with statements or claims that are too good to be true (indeed it is) they would really invest their money just to try and look that the project is successful and then when they have gained some profit they can now take it and who knows what they would do with that money they scammed from people

It's more like a modernized ponzi scheme I don't think or believe any project with 10% daily reward is feasible it can't be sustained on a long term perspective thus a very suspicious project, there is a possibility of regular payment for few number of days thereafter disappeared into thin air after collecting investors funds in other word stay clear out of the project to avoid stories, recall there had been widespread of scam projects in crypto market with extra research scam project can be screen out especially projects that usually bogus reward

NO - a usual trick from scammers and they will offer huge rewards to innocent individuals and become a victims.
Maybe if that is 0.1% daily, that seems real but with that amount, you can already think it is a big scam. Buy now and lose after.

Many cases have happened already and it was very clear to us. And my honest suggestion is to stay away from this project and those who offer huge rewards as they are just a scams.

Its better that a person should invest his own money in a great exchange like binance or kucoin exchange while daily I often see it, that the coin is 40 to 50 percent up It is better to invest in it, for example, if we make a small investment, then 10 percent will get the daily reward. Rather than working in a website or getting caught by a fake website, it is better for a person to trade and earn their own money safely

I think setting a deadline for staking is important to prevent the risk of an excessively large supply of PIE tokens, potentially leading to an infinite supply. Imagine staking 40 million pie with a 10% daily reward, resulting in 4 million pie daily or 120 million pie monthly, (correct me if im wrong)how sustainable such rewards are? and such a significant increase could devalue the token if dumped on the market.  It's essential for the project to establish a clear staking deadline to avoid the risks associated with an overly inflated token supply.

As a general rule of thumb, always assume that anything that sounds too good to be true is probably not true. It's a rule that works very well for me and you should try it out as well. During the yield farming craze, I saw projects that offered much more APY than the project you quoted and projects that offered around 3-5% daily rewards. What happened to these projects? They all  failed shortly after because the rewards were not suitable.

Another thing you should keep in mind is that BSC chain has the highest number of shitty/scammy/ponzi scheme projects (not saying applePies project is an outright ponzi but you get the point).

Definitely a scam project or one that will fail in no time, a 10% reward daily is not feasible and it is most likely a gimmick to allure gullible people to fall for this scheme.
People are gullible when they are promised unrealistic high returns, crypto investors want to make so much money very quickly and as a result they no longer can tell what looks real and what's too good to be true.

for me 10% is too big and although it is not a scam but I am sure the token price will fall quickly because of the huge daily rewards. Don't just look at the big daily prizes but you also have to consider the token price.

its some random token they just probably pull the reward out of their minted coin and call it a day, the APY is totally useless and unreflective at this point. there are many similar altcoin offerring skyrocket apy but we all know by the time we get the reward it would be useless since the coin value might also be gone.
thats why you should do diligent research before hand to see whether it will suits your needs, whether its worth it, and whether its not scam because honestly right now if yous ee many dex they always offer massive APY and that can be fishy, if you're not so sure then its better just to stick with the popular binance launchpool or something like that since its more clear and more guaranteed that nothing will happen to your coin and you will still get some good earning.

I think it depends on the reward given if the form is in the project token then it is very possible but the next question is whether this token is on the exchange? and also how big the trading volume is, if it is on the exchange but the volume is very low then token holders will still have difficulty selling so the token will just be parked in the wallet without being able to be converted into something more profitable, so this will still be a scam project, so investors have to be smart in judging and don't just be tempted by the percentage of rewards promised

Firstly you mentioned that the platform is new and if I may ask how did this platform generate this kind of money within a twinkle of an eye, sometimes the things we hear about new site should be taken for granted, this offer sounds too good to be real. I think you should avoid such silly offers and focus on bitcoin to grow your investment plan if you really want to invest but if you're looking for a free offer you'll be a victim of those ponzi scheme we see online.
Make your research first and despite the fact they're looking for investors and they still want their site to grow there's another motive attach to this offer and I can never believe such

reading the members' comments here, it seems like everyone is very pessimistic and says it's impossible to happen. Maybe that answers OP's question and can broaden the insight of other members who might be tempted by an offer like that.
regardless of the project, it is important to read the roadmap and the entire project. including who the developers and whitepapers are so they don't fall into scam projects.

Is the project already making a profit? If not, then we wonder where they could get funds for the rewards (daily) and I doubted how they sustain running the business in a situation like that. Therefore, we could say that it was a scam project and try to trick people into thinking it was real. Even without doing any background check of the project, that 10% daily reward definitely can't happen in real. I already encountered some projects offering huge rewards but none of them fulfilled their promise. I'd rather invest in projects that just offers small shared than in projects like this.

If it is good to be true then it is surely scam specially in crypto space where promises are tend to be broken lol.

10% daily reward? if this is true for sure that Even Elon Musk will invest all His assets and funds just to earn double in 10 days time and can make it 300 percent profit in 1 month , do you really understand what you are asking here since you are sounding smart person, unless you are part of the shilling team of this one?

If you think it's something too good to be true, then probably it is. It's kind of fishy how a platform or project could give you a ten percent daily reward. Please don't get trapped in this kind of Ponzy scheme, because even in the crypto space, where you can get rich in one night, this offer seems to make no sense. However, please read carefully the whitepaper and always be diligent; don't get sorry just because you follow a wrong suggestion from other people. You have to decide it for yourself to get a satisfying result.

The question you should ask yourself is that are you convinced enough to believe that 10 percent on a daily reward is real?
Naturally there is no sign of realistic in this statement because if such percent is being offered then multiplied by total numbers of people who interact with this site and you think they can be able to afford that to investors?
No, they can't so to me it's purely scam, I think have came across someone talking about this project that they've been around for 2 years now apple pie I believe so.. Yes got it you can look read various comments from people over here "Can we consider a project legitimate if it has been in existence for two years?"
 (https://bitcointalk.org/index.php?topic=5482190.msg63523963#msg63523963)

• 10% monthly is still fearful to embark. Maybe 10% monthly is the standard 
• Don't be decieved by the number of pie token staked in any platform. That was how early bitcoin owners lost all their BTC 
• When it is so good to be true, maybe consider to run
• If I have a genuine business model that guarantees 10% daily, I'll just go take loan and become suddenly wealthy

There are many characteristics of Ponzi scheme in OP. At first they will make you stake your coins, such that there will be more deposit than withdrawal in order to make such system going.
Secondly, they will have a referral system that will keep bringing new people (the potential victims), and keep rewarding older members.

I don't care what this project you are talking about is, all I care about is that it looks like HYIP which has never worked in the long run before. The 10% daily reward means 100% rewards in 10 days, and a sure amount of 1000% in 100 days, which is also the same as making x10 returns on your money in barely 3 months. My friend, flee for your money, this looks like a scam.

Strangely, the brains behind this scheme could start by paying people so that they can build trust and more people are being tricked into joining the programs, but in the end, they will take people's money away and disappear into the thin air. If good projects that are popular are not capable of doing things like that, do not entrust your money to unpopular projects in which the people behind them are not even known.

"10% daily reward from your investment = you will be rich and you dont have to work anymore, you only need to sell everything you have and invest in that."


Any offers like this definitely a pyramid scheme, a ponzi scheme.
No need to confuse whether its a scam or legit, it is a 100% scam because only the devs and anyone who joined it early will get something in return.

Oh what a scam site you just discovered. It would be surprising to them that there money will be gone so soon.
We really need to be intellectual because that is the major problem of this age. We want quick money and we don't fully use our senses to make sure that we do things in the right way that would not make us lose later. How can you get 10% of your fund everyday? That's too funny to be precise and the funds is just never real at all.

Even though I don't know what project you mean, I dare to confirm that it is just a scam, and I hope we have to be careful with things like that, it's just the work of irresponsible individuals who only want to gain personal profit, more  Obviously, you can do in-depth research about the project. This can be seen from the team, managers, and how large the volume of tokens they promise is. If this doesn't meet your expectations, then just leave the project.

That is whY most of are saying. And I think I'my previous post I dropped the link or eh project the op is talking about. It is not possible for a company to offer 10% bonus every day then at the end other week and the month the company will collapse of they can't meet up the target of of the business at the end of the month. And people that normally fall for this kind of scam are those who are hungry and looking for a way to settle some issues in their families and enter into it to be scammed.

Stay away from such attractive bonus and save your money and self.

I don't see no reason why OP needs to comfirm any longer, it is a pure scam. Who the fuck! actually wants to give such profit to their investors considering how many others will like to pertake. It's a pure scam activity carried out on a broad day light. Now OP, is equipped, he should better flee from participating.

If crypto it is possible but this comes with a risk. There are some lending protocol that offer high APY but it won't be daily 10%. There are new yield farming opportunities that can give such returns in the short term, but all of these are high-risk projects. Future trading with leverage can yield such a return but again it comes with high risk. Gaining 10% daily was that easy then all the investor would have been rich already. I think focusing on 10% weekly is something reasonable.

Tell me if you have one, bet if that even exists no one would become poor and everyone would become rich solely because of this investment. I don't even know how those business even alive if they offer 10% daily reward, must be ponzi type of shit. Generating consistent profit is really difficult to do, even in trading you need to actually check all of the coins possible on the market because it requires you to move from one coin to another. Not worth the hassle.

The most impossible file will be kept beside me. I know most people will always reject this bid but come crying whenever they sense the bid grow higher than expected. We just need evidence to become the limelight picture for most young couples. Cryptocurrency is risky, it's advisable to stay far from the activities related to crypto because if he or she triggered trades that doesn't fall according to predictions, ofcourse we know what comes next. 10% reward is the most important figure for some selected investors but not the top whales that have drawn their targets and how everything will pan out.

the thing with these daily 10% is that its fishy as hell, it was the same marketing that was used heavily by some HYIP and Ponzi back then always promising daily 10%, god knows where the money come from if not from the other people that also invests, if its staking program in some dex then maybe they are offering high APY for initial marketing but I don't believe it will be 10% daily thats too much sometime they offer 200% APY yes and thats definitely make more sense than this 10% daily profit.

i will definitely refrain from investing if i were op too much risk involved here I don't think its a healthy investment nor a legitimate one even more so if they say that its risk free investment, mind you that even the most profitable altcoin staking that just got released have the chance of the coin price fluctuating a lot, its just not realistic with this 10% daily profits.

Indeed , though 10% weekly sometimes is also risky but this is more legitimate than 10% , we can use example the lending services in
which the lender risks their money as some of them here gives without collateral  but only asking 5-20% per month and that is at least
5% per week income but they are good enough with that so for OP think better.

Maybe a company cant offer a 10% daily reward. but it depends on what the requirements are?
Are they saying YOU can make 10% daily from their website or are they saying THEY will make it for you? If number one it's of course possible. But number two it's probably a scam.
(No I don't open the link because I see many say it's a scam so I rather not to)
But for example P2P-trading you can easy, and when I say easy I mean super easy earn much more then 10% daily from it, it's only one example that it's possible but then the work must be made by you.

I don't think it's trustworthy. Because 10% daily reward is a bit suspicious.  Because I don't think anyone will give 10% daily reward.  This is a hypocritical project.  It must be a scam project.  In my opinion, it is better not to fall into the trap of this scam.  There is no need to wait to find out if some project is a scam.  If you see its advertisement, you can understand that it is a scam, and so is it.

LOL, 10% every day, that's 300% in one month. I think only ponzi investments or scam investments can promise such profits. After all, it is too good as an investment place. Try to be more realistic. If investments like this were legit, perhaps there would be many well-known companies promising investments like that. Even banks only promise a very small percentage within one year.

Sometime project gives daily prizes but they are not persist forever and after continues profit they become ends by getting the title of scam project. I am not in favor of such project because these projects are not giving us profit in similar way for whole life. Investment should be made in strong projects because they are successful and they are like scam project which only offer profit for a months or two but its project is continues until the technology exists. Projects with 10% profit daily are developing because most of greedy people become interested in these project and loss their all money.

Absolutely no way anyone can provide 10% daily rewards and I think it's just a scam to pool in more investors, just imagine if a project which is capable of providing such return why can't they afford to list themselves in tier 1 exchanges ? Also I have seen one more project which was scam and the common thing between both the projects are both were audited by a company name block safu which doesn't have any credibility. This is most likely a scam hence it's advisable to stay away from this project.

It's not that big of a deal, because 10% is usually gone, many coin are goes. In Binance, how more than 50 percent of the coins are gone in a single day, some of those are in three to four hours. The main reason for this is that investors are more and seller are less, so we can get this opportunity, but again and again,

It is not necessary that we are get this percentage from one coin. Who is, they can gain 10 percent which should be taken from three or four coins. This is the best way in my opinion, there is no risk and a trader can complete 10% according to his routine.

Legitimate platforms can only offer up to 8.5% per annum that concludes whatever the platform you are saying is just a scam and don't even trust a penny with them.

You can be shown even 1 billion tokens as staked and the circulating value is nothing but capped by the project and has no value at all until it hit the real exchange.

It can as long as the project has already been established well but since it was a new project, we can never imagine where the developers get money for that offer. Or another broken promise that we usually hear from scammers.

Though there is no proof that this project is a scam but judging by its offer, we can already feel something different and unbelievable words.
Besides, we don't need proof for it because it was truly impossible for them to give that amount. If that is not a daily reward, maybe that sounds true and people could give some interest.

If you ask why there are people farming on a web/dapps it's because people investing are used to profit and loss. I think there is nothing wrong if you have the capital and courage of potential and risk. Of course everyone's dream is to get a high return in a fast time and the coin lock can jump well and intact.

Although in fact there is a correct pay but we know at the end what it is like, maybe half of the value may be lost because the interest in the website is reduced such as pencake swap, uni swap etc. Indeed, this is different from the website, dex farming like this can also be affected by many factors. Observe your steps because you don't know what fate pie tokens can have tomorrow. This kind of website you have to be full of speculation, if you jump in and still have safety on capital, my advice is to withdraw the capital and let the profit work for you, 10% is big maybe 10 days you already have your own capital when like you deposit money.

How much can a dev profit with your capital, at times with all users, logically if you are a dev the investors' money in a nutshell should be how you multiply, is it from your own money and other members with turnover? I believe that farming websites that have clear fundamentals and good enough ratings still provide reasonable farming profits. good luck.

This was their bait before and there are lots of people who actually believe it, either daily, weekly, or monthly, but have never succeeded because they have a hidden agenda with their platforms and that's to scam people and they will just simply disappear once they accumulated enough money from their victims. As you can see, it's not possible for a person to fool that way but take heed, their spokesperson on their social media platforms are great deceiver, they can talk with you all day and promise you some good to-be-true offers which won't gonna be happening at all and since there are lots of people who fell to it, you going to believe them and fall to their schemes. So you should stick to investing in bitcoins rather than push your luck to these Ponzi Schemes.