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Found another ponzi scheme where you lock your funds and get rewards for the lifetime i am sure its a kind of scam but those who ape in early on the scheme get good profit in 2021 there's a project called baked beans i get 40% profit of my investment and in 3 4 months that project crashed and now a days MINU with the marketcap of 6Million is trending and people took huge profit from it now there a project called MPEPE follow the same steps i am thinking to  invest in that project on early stages and get profit from it i know later on its also gonna crash but if i ape in early it might give me good profit so what you guys think i am in the right direction or not ?

Website: https://minerpepe.com/

How did you find this site?

It looks like a cloud-mining but why the theme is Pepe token but it asking for a BNB?

According to Whois it is a month-old site and I don't see anything interesting on the site but it asks for a wallet to connect obviously this is a scam phishing site if you attempt to connect your wallet to this site all your funds will be stolen.
So you are in the bad direction or are you trying to get a link here?

I'm sure it's his site bro, I know MINU and how they develop their projects even I also invested some time ago and got 5x from my investment. Most likely he wants to profit from the current cloud mining trend in meme tokens, look at his profile, he only has 1 activity and 1 post. More clearly, you can see this project on poocoin (https://poocoin.app/tokens/0x6d306c2c9cd931160763d99376a68c14d33dc954), there is no liquidity, this makes me even more suspicious that he is the developer.

Z.H.I.E.N.D

Because this token is made on the BNB blockchain. You can find a link to bscscan on the website - Miner PEPE (mPEPE) Token Tracker | BscScan (https://bscscan.com/token/0x6d306c2c9cd931160763d99376a68c14d33dc954).


I connected to this site using MetaMask, nothing stolen. I'm not calling for the same thing to happen again. DYOR.

As for the token itself, it is impossible to buy it. Pancakeswap, to which the site links to buy this token, gives the error "Insufficient liquidity for this trade".

By the way, this site offers to mine BNB and Cake in addition to the mPEPE token.

All these ponzi are designed in a way that, all those who came early will definitely get their reward but after a while, when the project has gained enough participate, it crashes and run away with all their money, this has been going on for years and those who are into crypto trading just hopes they don't come across those shitcoins. due to the nature of some altcoins that why I decided to keep off from altcoins and remain faithful to Bitcoin investment. Even with your research and study you could still fall for shitcoins and that is very irritating.

Why you have mentioned about a project from 2021! Its been a long time and i don't think those scammers are using the same tactic anymore. But no matter what all these Ponzi projects give some rewards to the extremely early investors but these are well known methods in the industry already and there have been new developments, so scammers are also becoming innovative. I saw a scam tactic where they send NFTs in layer 2 then trade them in the marketplace to show they are valuable NFT.

Once you detect a ponzi scheme project, why still bother to analyze it?
I skip this kind of project right away and mind you, they are still growing and they are using a different strategy now to attract investors so be cautious when you are investing on a project that you are not familiar yet because it can be a ponzi scheme as well, better to invest on a established project already and be more safe.

Ponzi schemes are very popular with people who don't have enough knowledge and don't know the Ponzi system and how it works and hope to get big results instantly, and this happens a lot to beginners due to lack of knowledge and experience.
Currently, many projects are designed as beautifully as possible to look convincing only to attract investors to get involved in them and after that they disappear as if swallowed by the earth and take all the money of the investors involved without returning. So actually the fault lies with those who are easily tempted without doing thorough research before getting involved because they have to always be wary of shitcoins and have to do research first before getting involved, and I personally am not at all interested in all shitcoins.

Of you knowingly enter a ponzi you deserve to lose all of your money for 2 reasons.  One you perpetuate these kinds of scams by making it worthwhile and second because you already know it's a scam.  You hope to get in only to have some poor sucker behind you lose tjeor money.  Either way it's shameful.

He knows this project uses a Ponzi scheme, but because he sees an opportunity there, he intends to invest there, the law that applies in Ponzi schemes is "Whoever comes first, gets the profit".

Did you connect a wallet containing crypto with a service claiming that it may offer miners a 12% daily return in BNB and MPEPE tokens? This is a scam. If it is in BNB and if it is in MPEPE tokens, then there will most likely be no demand for this token, so you will get an error of “nonexistence.” Sufficient liquidity because everyone is selling and no one is buying. In any case, you will be scammed if you deposit money with the smart contract.

There's no need to analyze too deeply if you already know from the start that it's a Ponzi scheme, because it doesn't matter in the crypto world, in the real world, the one at the top and main , will win and the one at the bottom will die, just avoid it and don't care because it won't be profitable for us.

I have nothing to say about ponzi schemes other than confirming to you that it is a scam in the form of pyramid. They ultimate purpose is to scam people. They operate by paying the early investors who go about sharing the testimony of their payment to others and on social media. The new investors come back with fresh capital while the old investor re-invest their capital plus profits and even add more money to satisfy their greed level. At they end both the old investors and new investors are left with nothing. The only people that will escape are the lucky people and those who knew it was ponzi scheme all along and decided to take their first payment and run, that is if they are lucky to be paid the early times.

Unfortunately, many cryptocurrency projects are like  ponzi schemes especially those that do yield farming and other schemes just to entice new investors. The first task for anyone investing in any project is to study their token and business dynamics to know if they are ponzi schemes or not.

The only thing I found relevant in this thread is that you've come to let us know that scammers are still out there with different strategies such as the Ponzi schemes in scamming people, also as you've mentioned some of the above Ponzi networks so we should be aware of them. About the Link you posted at Op, it's neither not trusted to be clicked because you're either a suspect. How would you ask anyone to invest on platforms obviously strict for scamming?
Moreover, this has got nothing to do with this AltCoin discussion board. That the major reason why this thread is irreverent.
No offence. Thank you!

Whether you are on the right or wrong path depends on each person's understanding.
Nowadays people don't really care whether they do right or wrong, as long as they make a profit they will do it.

It’s not advisable to get yourself involved with ponzi schemes even if you say you got in early. There are way too many things that could go wrong if you get involved with ponzi schemes.

There is a possibility that you might get involved in legal matters. As far as I know, victims of a ponzi scheme can file a lawsuit and if you are one of the members it could get a litte messy.

I personally have seen the effects of a ponzi scheme and it is not at all pretty. Yes, you could enjoy some enjoyment once in awhile but after that it would just be pure hell on earth.

Ponzi scheme time have passed but during that era, alot of people lost huge funds and this is really devastating for most of these gamblers. Cryptocurrency have been the main trends in the space and creates the hopes for the common man. I've never been in touch with shitcoins because I don't think the volatility is worth trying currently. There's a big difference between games, we can be either be promising or decides to set back because we don't want to be victims in the system. Shitscoins will continue to exists in the market because there's a whole of difference.

I doubt that ponzi scheme has ended. Till today we still hear of some persons talking about buying some coins before they get listed and most of those coin, end up never getting listed in exchanges. Even some meme coins are designed to operate as ponzi because after rising to a certain level, no matter the buy order they receive yet they still crash to a very unpleasant price after which they have risen. As long as we still have hackers and scammers in this system, ponzi will continue to be a part of the crypto network. However we have to be careful when making choice of coin to hold. Personally, I prefer to hold only Bitcoin since it's a trusted and reputable coin.

You are sure that it is a ponzi but you're even making it look like you're encouraging people to get in while it's too early. You're didn't even just said one project but many of them on this thread so stop encouraging people with these ponzi schemes and much better to remove that clickable link so people won't be able to visit them.

I think those ponzi scheme happens to be scam, a friend of my ask me to buy this coin at the early stage when it has no value, before they will get listed in market for exchange only for me to discover that the coin happens to be scam.

Things like this happen all the time, but the only way you could save your self from it is when you simple avoid it. I know many trader has made lots of profits from investing in coins that have not yet been listed in exchanges and when they list the coins, the price of the project just appreciate, having a high volatility and they get a x5 or x10 or even x100 but the problem is there are now so many scam projects out there, so how can you tell which project is genuine. Even after a project is listed on exchange, chances that the project may fail is still high.

The latest is in the Layer 2 Explosion Network Project and the large number of victims whose loss value is estimated at 420 ETH. So, whatever project is predicted to produce results quickly, it is best to analyze it first, otherwise the same case will continue to arise again even though it is supported by the support of a leading venture capital company whatever its name so that it can attract many people. to come and put their money into their ecosystem

https://www.talkimg.com/images/2024/03/07/ykas1.jpeg

Since you have already identified the project as a ponzi scheme, I think you should not bother to take part on the project. Crypto enthusiasts are aim to make the Crypto space free of scams, and as much as possible downplay on scam projects that have the potential to hurt and steal people's money. More over,  they may have a new strategy; they might decide to rug pull early than usual, who knows. In my opinion,  just keep away from such projects as your own little way to sanitize the crypto space.

Ponzi schemes do have big risks.  But it also has big profit opportunities too.  As you said, they can disappear at any time and we will lose our assets.  and if you are ready to take the risk, it might not be a problem for you.  but on the social side, you only provide the potential for this project to grow further.  It's certainly good for the owner, but many people become victims in the end.  You may can get profit from your quicker participation.  But there will be people who have to bear the losses when this project get stuck or stop operating.  And I think you are on the wrong ways if you participate in this project.

This is the start as we are in the bull market and investors are looking for new project to invest in where they can make 100x and will try to farm the new ecosystem project for any potential airdrop. Scammers will use this opportunity to launch new scam projects. A new ecosystem should be careful about promoting any new project in their ecosystem. If they found to help scam project to promote then investors will turn away from that ecosystem as well and there are already too many ecosystem that there is always something to move on.

With the ponzi scheme we came across some years back people haven't still learn a good lesson. The problem people always have is having th mindset of making money quick. Ponzi scheme is very risky because it is a centralized scheme that will definitely get crash.  No ponzi scheme have ever lasted. It will be better people shouldn't put their money in ponzi because it is very risky  and it never considered to be a safe investment to go into.

Ponzi scheme is no good means of earning, only the developers and first set of people involved gets profits from it. Ponzi scheme doesn't last upto to 2 months every possibility of it crashing between the end of the first month and the middle of second month. Anyone who finds it necessary should be very careful or avoid it.

Since you are very familiar with all the ponzi investment site and you also patronise them what is the essence of making a post here in the forum?
Are you indirectly Shilling this scam site? Because you can't seriously tell me you are seeking advice from forum members when you clearly know more about such ponzi sites than majority of us here. ???
All I can say is good luck with your dangerous quest, hope you don't learn in a hard way.

Like Ive always said theres a reward for a risk taker when he able to catch a good one. But in the swarming sea of scams on memecoin only handful of project can do a good multiplier. Anyways I am staying away from shitcoin for now as its gonna get diluted and shifted to a new trend. Whose catching some good profits now?

Whether we are interested in Ponzi scheme or not I don't think it really worth our time.
There are many people that have involved themselves in ponzi and about 95% have lost money they supposed to use for something else and put the money into scheme that took it away. It is important we know what we are doing and invest our money in something that would help us to make more money but not ponzi related. We need to be wise and keep to actions.

Getting rewards for a lifetime is obviously an empty promise because no matter how genuine the owners of any Ponzi scheme is, the cycle of money eventually gets broken (maybe because someone wants to make more and they can’t supply more or because people are backing out. Of course people who get in early are the ones that reap the fruit but you shouldn’t risk it because you never know the tactics they could use to lure and keep you there for longer time and sooner or later, you’ll lose your money.

Ponzi schemes continue to evolve with digitalization getting smoother and smoother, I do not condone these schemes regardless of the goods, services or investments being compared. You're having dark problems with this site? logically if it doesn't enter my mind of course I don't follow it no matter how much I will get both roi and apy. before you speculate and invest thoroughly you can research first or maybe just a few $ to find out the deposit and withdrawal procedures and the time period.

Large profits, minimal capital and easy stages including attractive are the expectations of everyone in investment but I realize that sites like this are a game and recognize your risk with the assets you deposit. Separate the wallet that you use for daily use from the savings wallet that is specifically for holding because prevention is better than the already.

I think you will experience a new journey with every coin you explore into the future.

Don't you ever try to get your hands on a Ponzi-Scheme platform because it's pure evil and you might not only get yourself scammed by these evil doers but you might also influence others to invest as well because usually they have invitation rewards which kinda interesting but it's just another lure to get others that are innocent in such kinds of investment, there are many people who fell victim to this kind of scenario where they are not only been lured to invest but they invite others as well. So you better not put any site here if you happen to find one just prevent others and warn them not to get in touch with any of those kinds of scams.

Ponzi schemes aren't worth playing with, because if you go closer, they might even end up convincing you to agree to their terms and from there, it'll just be story left to tell. Further you keep yourself away from ponzi the better for you. Most persons don even know it's a ponzi before they fall in, whenever you see an offer that is too good to be true, you should just consider it a ponzi first, then make your research to back up you opinion. I have come across so many offers that are ponzi, and I never tried anyone to see it might even get lucky at first because I rather stay away than let them convincing me.

Knowing very well that a project is a Ponzi scheme and yet you go ahead to invest in it is like dining with the devil, you might get the reward of greed, because you don't know when their evil portal will close and you will lose your investment capital. The only advantage of people who knows the criminality of Ponzi schemes and still goes ahead to invest in them is if they enter among the early investors, before many people will enter and the Ponzi will disappear, they must have received substantial ROI. Although I wouldn't advice any serious investors to put their money or refare people in Ponzi schemes because you don't know when they will vanish with investors funds.

Most of those who invest in Ponzi already know what they're getting into but would hope   they escaped before the eminent collapse happens. I do think, on the part of uprightness, that it's wrong to patronize a project one already knows is a scam.

No shrewd investor would even invest in something they know will crash before it's properly settled. Those who do invest in ponzi are people who believe crypto is a shortcut to wealth and would use every possible means to achieve it. For such people, I don't waste my sympathy on them. They deserve what comes to them.

Really? You already know that it's a Ponzi scheme but still ask us if what we think about it, haha. I think it would be better if we can avoid projects like this, because we can't get any benefit with them. There are still other projects that has the same approach or concept.

It might be called as Staking where you lock your funds and earn something but the only difference of them to here is they are legit. Some exchanges and wallets that we use, can also offer the same feature/service. I don't like them though and for me I prefer to HODL my coins alone. I wouldn't compromise my security or safety over some timely rewards or even if we say their offers are juicy.

Though being part of a project early stage can be profitable but the truth is that there is no guarantee that you might be able to take your profits before it crashes or being dump, out of greed you might decide to leave it for a certain period of time and when it reaches that particular time you may decide not to take your profits again and by so doing you at risk  but however, is best you understand your  tolerance level and make certain plans Incase things goes side ways, another thing is that don't be too greedy in terms of taking profits is you see any, profit is profits it must not be a huge profits that is my advice.

As long as it isn’t a good project, you will always lose your money. If it’s too good to be true, you need to make sure you see the proof and verify it. Do not feel FOMO if you let down on a certain project, there are other legitimate projects to invest in.

Be vigilant with those types of projects for sure.