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Sean Walters (Youtube) may have been behind this scam. He and his friend Oracle/ Crypto Baller were the only two people on Youtube promoting it after it was advertised on this forum, then they deleted their videos after they showed the CCE tokens they had. https://www.youtube.com/watch?v=ZhZSJmCnl7A
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How can investors be sure that you are not another bitconnect? Any escrow?
Are you living under a rock? LoopX was a scam. It's all over the place. They ran off with millions of dollars.
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Let me put it this way. LoopX is the only entity that is aware of my email address because my email address hasn't been used for anything else and is brand new. I don't find it a coincidence that they (you) put me on your mailing list to try to get me to enroll in your next lending scam. Hope I just saved everyone a lot of money. Have a great day
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I just want to warn everyone that this is a scam.
Why? Because when I was registering with lending platforms, I created a new e-mail address for every lending platform I joined.
The people behind LoopX are behind Etherniton. I know that for a fact because after they exit scammed, a few days later I got an e-mail from Etherniton in the same e-mail account.
DO NOT INVEST.
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I was fed the wrong information, what can I say. Even GoldReward posted about people's coins being stolen before they deleted it on YT. I walked away from GRX earlier this month before the price tanked. For anyone who doesn't know, during the Gold Reward ico a bunch of people using MyEtherWallet got their GRX tokens stolen in some kind of phishing scheme or hack. The hacker still has around 500,000 GRX (20 million max supply) and sells thousands off every day. There may be more than one person behind it because there is transfer activity 24 hours a day. If you have been wondering why the price hasn't been going up--that's why. Eventually he'll run out, so I'm expecting around the end of this month when the internal exchange goes live we should see the price start running up. GRX was selling on the first day for between $14-18 a token on Coinexchange as the hacker dumped over 8 BTC worth in a few hours time. Any time from now until the end of this month should be a good time to be accumulating GRX before the internal exchange goes live. Here's the scumbag in question that's responsible for stealing so many people's tokens: https://etherscan.io/token/0x219218f117dc9348b358b8471c55a073e5e0da0b?a=0x8d12a197cb00d4747a1fe03395095ce2a5cc6819What a fucker. Thanks for sharing. LOL! That's not a "hacker". This is a main wallet of the market exchange named etherdelta where goldreward token is being traded. Stop making panic out of nothing and trolling good people. XD !!!!!!!
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The price is actually very cheap still at $3 compared to the supply. If Bitsten becomes an exchange a lot of people use.. this will be a $50+ dollar coin, maybe more. I like the idea more than Davor honestly, as they never gave proof that they use arbitrage trading to pay out interest. Bitsten makes more sense.. as it's a distribution of 20% of the exchanges profits to the coin holders if they lock their coins in a contract. One thing I've been impressed by is the team in Telegram, they come and go but are responsive and helpful.
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I would like to remind everyone watching this thread that anyone can register a new account and create a thread on this forum pretending to be a representative of a company or ico. That may, or may not be the case here.
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I just had a look and searched for this name on Facebook. I think Mika Paoli might be Julien from Davor or someone on the Davor team. Mika is from France What's up with Davor ?? I have joined few days back with $200 but there is something fishy going on there...
When I am directly opening Davor site the upline name is blank on the registration form like it should be...
But when I am going by the link provided by Davor's official Twitter & FB channels, the registration form is pre-filled with an upline name called "Mika Paoli"...Who the heck is this Mika Paoli who's ref link is being spread by Davor on all of their official channels ??
Anyone can enlighten me on this ??
Check their Twitter & FB pages...On their Twitter channel, they have put this same ref link in thier channel description & they are providing this same ref link on FB to the members who are asking Davor how to join...
This is total fishy...No site will ever give you referral links to join thier site on their official channels...
Please reply guys...
No-one gives a damn about this ??
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I guess there's some Davor lottery thing going on where for $100 in btc you get a lottery ticket and put in a list of 500 people for a chance to win $1,500 every week for as long as Davor is around. They use a 50K loan to accumulate enough interest every week to do the giveaway. Saw it in the comments on Davor's Twitter page... not sure if officially endorsed or not but it's a cool idea
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This will be an easy 6-12 month hodl for me. If GE is a partner, this will be one of many huge partnerships for SPHTX. Shoutouts to Crypto Brahma for finding this gem and sharing it. Glad to be graduating from the swamp of scammy lending platforms to real projects with real teams behind them.
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They are not telling us something. It sounds like they lost a portion of their team and had to hire new programmers. Who even knows at this point what they have planned. It took quite some time to get their half-baked internal exchange running and I've lost faith for now that they'll make good on their gamification products/api unless they restructure. I wish them the best... gained a bit in usd / lost out on the appreciation of Ethereum since October but the stress was too great and I had to cash out.
I do think they have or had every intention to be around for the long term, they just need to market their program better and expand their operation. With those elements in place I think they could definitely succeed, but people's attention spans are short and many are migrating to platforms that feel more solid.
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I spoke with a Steneum team member in Telegram. I guess they are going to be doing marketing and working on their exchange, Bitsten. I expect they will start adding currencies to it in the not too distant future. Once trading volume picks up holders of their token will start seeing the daily commission benefits in their lending/savings program that starts in February. I would also like to see staking, will have to ask about that.
With some native English speakers added to their team I don't see why Steneum couldn't be a strong competitor to Davor. Price is super cheap right now, not too far above the last ico round. All the impatient/weak hands that can't wait for the platform to launch are selling under a dollar.
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GRX is communicating plenty imo. I invested during the ico (bought at $.86 cents) and most of the "FUD" is being generated by weak hands, impatient people and some competitor is even flooding their Facebook page with posts every hour from fake bot profiles. The bots have Indian/asian names and spit out phrases like "scam ico, don't invest" "f*** the idea, stupid though" over and over again. I look at that as a positive sign that someone's scared GRX is going to become one of the major lending platforms. We've gotten updates on the 19th, 23rd and 25th and the internal exchange is about to go live along with interest withdrawal. Like I said in the other GRX thread here, this space has now become oversaturated and the HYIP scammers behind the likes of Aurum Bank, Control finance and others are the ones I suspect are behind several of the latest lending ico's. GoldReward, Bitconnect and Davor are the only platforms to me right now that seem like they want to be around for the long term.. along with Hextra and Regal, if Regal can ever pull their pants back up above their ankles. Steneum is another one that seems 100% legitimate to me, once they get their technical issues worked out. One member on the team has been programming Forex trading bots for years, so Steneum will have a real bot behind it. SALT and EthLend are the other two big "legit" lending platforms I'm invested in. EthLend has been watching GoldReward's gamification concept and wants to apply it to their business model. A word of advice to the devs.. If you don't want this coin to die then you should be posting updates everyday, not just once a week.. You have to keep the community involved. With everything crashing there is alot of FUD.. You have already hard a massive crash and the coin has been sinking every since.. It's better to keep the community involved and in high spirits than letting it die and then trying to raise it from the dead..
I agree with the above statement 100%; The GRX developers need to start communicating the details of their efforts a LOT more often, as the FUD is growing and updates have waned, the token value is just slowly sinking, mainly because we have not seen any real progress or updates in weeks. On top of that, and really the biggest problem I see, is issues not being addressed publicly with the BTC wallet online. DEVS, please chime in here and especially on social media like Twitter before people write the project off completely; I know a few friends who have dumped without regret and swear they won't look back as lending platforms in general have been failing with deliverables and "delay" seems to be their favorite word.
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Their team has made social media updates on the 19th of December, the 23rd of December and the 25th of December. What more do you want? Their internal exchange opens around the end of this month and the payments are supposed to be issued as soon as the binary tree is live shortly. This information was from their social media and email updates. These guys are working behind the scenes yet everyone acts like it's doomsday or something. Just wait people, let them work and flesh out the platform. Why is the price where it is? Because of people panic selling when they don't get updates every 5 minutes and because a lot of people dumped this coin on the exchange on the first day for a quick buck rather than invest into the platform. You have yourselves to thank for the price drop. Outside of Bitconnect and Davor, GRX is the only platform I would feel safe about lending my money in. All of these other ico's are coming out with plagiarized whitepapers and many are probably scams run by the same groups creating coin after coin. For example look at Chrysos lending ico getting pumped now by the Youtube referral whores. Look at their whitepaper compared to another lending shitcoin called "Santa" coin.. it's the same exact text cut and pasted from one to the other: If anyone got bit hard by the HYIP scam craze this fall (Bitpetite, Aurum Bank, Control Finance) those are the same people creating all these new crappy lending ico's. Bitfinite and Libracoin even use the same website template, icons and fonts. I bet the same group is behind both of those ico's. The lending ico space is oversaturated now and full of scammers. I won't be reinvesting into any of them after what happened with Ucoin Cash. Stick with Bitconnect/GoldReward/Davor for diversification and forget the rest is my advice. That is until Regal gets its act together if they ever do... so looks like no update. tried SUPPORT and created account, to ask question. now when i try to log in No active account found, please check and try again.. Lended $1000, already 10% earned but... cant do anything with it. value of coin dropped a lot. no msg from devs. no updated etc.
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I'm not spreading rumors, GoldReward admitted it on their Facebook page that some ICO investors had their tokens stolen. I may be wrong about the amount as well. It wasn't from the GRX website that they were stolen, but from people's MyEtherWallets. Even if a hacker did have 500k tokens he's dumping on the market it doesn't mean much in the grand scheme of things. This is the time to be buying and doesn't reflect negatively on the GRX platform. Internal lending starts later this month and their website gets more traffic than most of the other lending coin websites, for all I know people are selling the coin because they're too impatient. Everyone in this space seems to be in it for quick flips, there are very few true investors. The people selling for bottom dollar prices now are going to regret it. Lending tokens only appreciate in value over the long term unless companies have terrible support like Regalcoin or play games with investors accounts. The price will go up once new people start signing up, buying the token on the site and locking it into loans and staking. For anyone who doesn't know, during the Gold Reward ico a bunch of people using MyEtherWallet got their GRX tokens stolen in some kind of phishing scheme or hack. The hacker still has around 500,000 GRX (20 million max supply) and sells thousands off every day. There may be more than one person behind it because there is transfer activity 24 hours a day. If you have been wondering why the price hasn't been going up--that's why. Eventually he'll run out, so I'm expecting around the end of this month when the internal exchange goes live we should see the price start running up. GRX was selling on the first day for between $14-18 a token on Coinexchange as the hacker dumped over 8 BTC worth in a few hours time. Any time from now until the end of this month should be a good time to be accumulating GRX before the internal exchange goes live. Here's the scumbag in question that's responsible for stealing so many people's tokens: https://etherscan.io/token/0x219218f117dc9348b358b8471c55a073e5e0da0b?a=0x8d12a197cb00d4747a1fe03395095ce2a5cc6819What a fucker. Thanks for sharing. LOL! That's not a "hacker". This is a main wallet of the market exchange named etherdelta where goldreward token is being traded. Stop making panic out of nothing and trolling good people.
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I think the only thing that's lowered the price is that the internal exchange isn't up yet and that the platform hasn't been fully released while GRX has been on the market for a while. Look at these traffic stats: I think GRX can easily be $20-30 in the next month or two. When everyone can buy the coin on the website the traffic stats will drive people to buy and begin lending and staking. A lot of us underestimate how many noobs are in this space, GRX's Twitter shows how clueless most people are. They don't even know how to send the coins from one place to another, let alone sign up for an exchange and move them there to sell. When they can deposit their Bitcoin or Ethereum directly onto the site and buy GRX, we'll see things start to move. GoldReward has more traffic than all the other lending platforms besides Ethconnect, Regal and Bitconnect.
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Thank you, I took out my original investment on both already. The rest is gravy:) GRX let the free market determine their price and was already dumped on the first day so I expect an upward trend. They have hit every mark they said they would so far in a timely manner. Davor was another I considered but they are manipulating the price by not letting their investors sell on their exchange.. it's already getting dumped. they can still pull a credence. be careful!
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I never had a good feeling about this coin since day 1 that's why I stuck to GoldReward and Hextra.. both are doing very well
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