This is an Update To My earlier warning post about this project "Strech to Earn" being a possible scam, link to the previous post is https://bitcointalk.org/index.php?topic=5451476.msg62208177#msg62208177The Token was listed on Mexc and was Dumped the Same day. There still exist some people in the telegram group that is still hoping for this token will pump so they can recover their money but too bad. The token was listed on Mexc but was quickly delisted when things went south, the chart is visible now only through the poocoin app: https://bitcointalk.org/index.php?topic=5451476.msg62208177#msg62208177And is now only available on pancake swap. The core of the team that scammed people has left the Telegram group with few admins left to give some ridiculous responses such as "Because of the excess number of applications being sent your KYC processing will be from 3-7 days" etc. and a whole lot of washed postings in the group. I mean if you bought @ $0.01 and the token is now worth $0.0009. pretty Much You've Been Scammed. Likely they will start another Scam with d aid of Bounty hunters whom they will not pay. Thank you, for your Time. |
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I am not going to comment on whether this is a scam project or not as I don't have enough information about it. However, I want to comment on this point: they claim to have agreed to list on Mexc by 10th May, but no info from Mexc.
This is not correct. MEXC announced on one of their tweet they will list STN token soon although they didn't provide an exact date: MEXC is thrilled to announce that $STN will be listing soon!
... As I said, I just wanted to correct the above point and not saying the project is legit or anything like that. DYOR before investing! yeah i saw that today, but have u gone through the response to that tweet Back in april 10th By Mexc, some peeps some called it scam there. Also Red Falcon had Bitmart, and 5 other excachange tweet about a listing, it was just a ruse. also please check this question by someone in the group (which i think is a legit question too) and watch their answer if they will attend to it at all, https://t.me/STNSBGROUP/130238let me see if i can get a direct answer from Mexc. Updatewell upon asking Mexc official Telegram, I was Muted, (slow Moded if Thats what its called) Their official Twitter Is yet to Respond. the twitter page returned a message confirming that STN will be listing on the 9th seems i was worried for nothing; 1: https://ibb.co/bgM2xvZ 2: https://ibb.co/0XrxKX9 |
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Ok thank you for your efforts. You should please also observe their telegram channel. That said, their new list date 9th that is around the corner lets hope they list on Mexc for people sake. Thank you.
Ps. If by any reason they extended again then is the same group of people that ran the rfn scam,
You are assuming that this project is doing the way the other scam project did, but you have not provided important details that will make them scam right away, it should be conclusive, @holydarkness even provides details that verify some of the important details about the project. But it's good that you presented this for further investigation, we have proven that ICO-backed projects are potential scams maybe not in their launching stage but they might do it later, they have the money after the ICO if they cannot keep up developing the platform, and many projects just folded up after their ICO even if there is no anomaly on how they present their project. I'm sure you will continue to follow their course of action since they are in the spotlight and you will provide more details along the way, but it's better to call them out here so they can defend themselves and address all this. understood your Point, But like i said, the Only reason i called this out is because of the antivirus software flag, and upon close observation i came to notice that they are making up there rules as they go, those that bought NFT cant see it, they are told to Wait till after the sales, Those that spoke up are Banned for Fudding. That Said, I did not make a conclusive claim that this Project is a Scam but a possible one a likeness of the just concluded Red Falcon Bounty Scam(which the antivirus Flagged too (i didnt listen then)), |
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Ok thank you for your efforts. You should please also observe their telegram channel. That said, their new list date 9th that is around the corner lets hope they list on Mexc for people sake. Thank you.
Ps. If by any reason they extended again then is the same group of people that ran the rfn scam,
I find myself in a situation where I have quite a lack of interest jumping into a channel with 557 pinned messages and only-god-knows how many millions of chats were exchanged ever since its creation, but if you could help me better understand --I assume you've been on the channel for quite a while and familiar with their development-- the delay and new date was due to the community's demand?  Yeah, I understand, I think it's best to leave it be for now, 9th is just 3 days to go, here's is hoping for the best. (The delay was not any demand by community it's just made up. I followed the last scam closely, everything made sense until it didn't, just gradually shifting the launch date one good reason and another until they ran) |
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[...]
PS, anyone that can report this to a moderator should please do, or show me how.
Thank You
Moderators of the forum are not handling or intervening scam accusations, it is up to the community to detect and report scam accusations to warn each other. I gave a look at your case, just some preliminary DD so it is not conclusive whether the project is legit, scam, or has a tendency of rug-pulling, but some elements of the project is verifiable. Their WP is not found to be plagiarizing from other sources, their team can also be traced back to each other's LinkedIn profile, all except one that's probably due to a broken link. One thing that I'd like to be able to verify is their company license. According to google play their app is developed by "SBG Tech PTE Ltd.", however I can't check the registration of this company as Vietnam's Registry checker website is loading at a comatose-snail pace. Ok thank you for your efforts. You should please also observe their telegram channel. That said, their new list date 9th that is around the corner lets hope they list on Mexc for people sake. Thank you. Ps. If by any reason they extended again then is the same group of people that ran the rfn scam, |
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WARNING!!! The ongoing Bounty STRETCH TO EARN is Likely a SCAM. with link: https://bitcointalk.org/index.php?topic=5447800.msg62044219#msg62044219They are following all the patterns of the Just concluded Scam RED FALCON, they are presaling right now a non-existent token at Pink sale, and Just like the RFN Scam MY anti-virus Software Flagged their website and every link that lead to them as blacklisted. https://ibb.co/f2QkXNJ the Investors that bought their Nft via their links could not see them in their wallets. they just continue to say that it would be updated after the pink sale. they claim to have agreed to list on Mexc by 10th May, but no info from Mexc. likewise, RFN claim to have listed on 6 centralized exchanges, and upped and ran with people's money and efforts from bounty hunters. I would have overlooked it if not for the same software flag as before. so Take care if you are an investor or a hunter. PS, anyone that can report this to a moderator should please do, or show me how. Thank You UPdate: Just like RFN they've gradually started shifting the Launch Date, From the 8th to the 9th of May. https://t.me/STNSBGROUP/128785(this is just to take in More Money nothing else) |
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WARNING!!! The ongoing Bounty STRETCH TO EARN is Likely a SCAM. with link: https://bitcointalk.org/index.php?topic=5447800.msg62044219#msg62044219They are following all the patterns of the Just concluded Scam RED FALCON, they are presaling right now a non-existent token at Pink sale, and Just like the RFN Scam MY anti-virus Software Flagged their website and every link that lead to them as blacklisted. https://ibb.co/f2QkXNJ the Investors that bought their Nft via their links could not see them in their wallets. they just continue to say that it would be updated after the pink sale. they claim to have agreed to list on Mexc by 10th May, but no info from Mexc. likewise, RFN claim to have listed on 6 centralized exchanges, and upped and ran with people's money and efforts from bounty hunters. I would have overlooked it if not for the same software flag as before. so Take care if you are an investor or a hunter. PS, anyone that can report this to a moderator should please do, or show me how. Thank You UPDATE: I was able to contact the MEXC Twitter handle, and they confirmed that there will be a listing on the 9th, and also showed a new tweet they made today; A: https://imgbb.com/bgM2xvZ B: https://ibb.co/0XrxKX9 seems, I was worried for nothing, But that does not confirm them to be legit without doubts, So here's hoping for the best. New Update Chart https://poocoin.app/tokens/0x4bc99635f7cd965069ae7142d66784ea518995e3It turned out to be a scam after all, a coin dump kind. its barely a day and the chart is this way 1: https://ibb.co/tx7n9K2 2: https://ibb.co/zSJB4fwThe question is why even list if they were gonna dump it this Bad
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Trading in the cryptocurrency market requires a sound understanding of technical analysis, chart patterns, and various indicators to identify potential buy and sell signals. Fundamental analysis is also important as it involves analyzing news events, market trends, and other factors that may impact the price of a particular cryptocurrency.
new traders should note that trading involves a high degree of risk, and there is no guarantee of profit.
Therefore, it is essential to have a solid risk management strategy in place and to be disciplined in executing trades based on the analysis and indicators used.
all this said, I agree with your first argument that the Market is Speculative, even as the bull and the Bears move for control.
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You are Correct!!
You have to have a realistic view of investing and not expect overnight riches. Investing always involves risks and it is important to be prepared for both losses as well as gains. It is also important to not get too caught up in emotions
and instead to analyze and learn from our mistakes in order to improve our investment strategy going forward.
Being patient, disciplined, and consistent are important traits for successful investing in any asset, including Bitcoin and cryptocurrencies.
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Trading of bitcoin has been one of my source of income for quite some time now but find it difficult to tell some other persons to engage in trading because of the risk involved.
Last week a friend of mine saw me trading so he tried to know more about it, at first I never wanted to tell him due to the risk involved, but then based of his persistence I first of all explained to him the difference between spot trade and futures, but I told him I do only spot, how I buy low and sell high, even as I was explaining it to him I was feeling uncomfortable because of the risk.
I don't want a situation whereby someone will say that I scammed him if there is a sudden dip in the crypto industry, so I just told him to open a binance account and verify it, after then, he should get back to me so I can send him the hard copy of the crypto course I bought.
Uptil now I still feel uncomfortable about it, I don't know if am wrong or right for opening up, even though I told him of the risk involved.
As long as you provided your friend with accurate information and made it clear that there are risks involved, you have done your part in guiding him, the decision to invest in cryptocurrency or engage in trading should be made by each individual based on their own research and risk tolerance. you did the right thing by explaining the risks involved from the Start. he'll learn eventually, by education or experience. |
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I spoke to a friend about Bitcoin and he asked if it is safe to invest Pension funds in Bitcoin considering the fact that this is a retirement saving. I am skeptical of investing people's funds in this coin because it can't be predicted also we cannot overlook the fact that Bitcoin may enhance investment returns at retirement.
However, my findings from people that work in these organizations say contributor's funds in some categories can be invested in risky investments because of the high return on investment and contributors have the option to opt for this option but with the exception of the soon-to-retiree.
some pension funds may choose to invest a portion of their assets in Bitcoin or other cryptocurrencies as a way to diversify their portfolio and potentially increase returns. But any investment decision should be made with careful consideration. Even though pension funds have a fiduciary duty to act in the best interests of their beneficiaries, they still have to be Prudent in choice of investment and what size of the Funds they should risk |
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Satoshi of course have an legal ID from the government but people don't really know the person is.
and even tho government really know about satoshi it wont change the bitcoin since now is decentralized and the bitcoin code maintain by the community. if gov really found him it just crazy after all
Regarding the identification of Satoshi Nakamoto, the creator of Bitcoin, there has been speculation and attempts to uncover their true identity over the years, but so far it remains unknown. It's unclear how the identification of Satoshi would affect the existence of Bitcoin itself. Even though Satoshi was influential in the creation of Bitcoin, the cryptocurrency(Bitcoin) is now maintained and developed by a decentralized community of developers and users, so, the impact is somewhat unknown..... |
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Yes, holding Bitcoin for the long-term can be a good investment strategy for those who believe in the long-term potential of the cryptocurrency. It is true that the price of Bitcoin can be volatile in the short-term, but over the long-term, Bitcoin has shown a tendency to increase in value.
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one potential solution that has been suggested by some is investing in Bitcoin and other cryptocurrencies as a hedge against inflation and a store of value in uncertain times like this. What do you think about this idea? Do you believe that cryptocurrencies are a reliable safe haven asset?
thank you very much for the Valid points you listed, The excess printing of Paper money is a biggger threat of inflation than government aids to businesses. |
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I think it has to do with the connotation attached to gambling and gambling addiction plus Money laundering etc. Bitcoin mixing and online gambling are often associated with illegal activities such as money laundering and gambling addiction, which is why they have a negative connotation in the Bitcoin community, even though not all Bitcoin mixing and online gambling services are used for illegal purposes.
As for exchanges, exchanges are not inherently considered bad actors in the Bitcoin community. though there have been instances of centralized exchanges being hacked or engaging in fraudulent activities, which has led to the loss of user funds. but inherently not considered bad actors. thanks
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Okay, So let's start with the impact of the COVID-19 pandemic on the global economy. The pandemic has caused unprecedented disruptions to businesses and supply chains around the world, leading to widespread unemployment and economic contraction. In response, governments around the world have implemented massive stimulus packages to support individuals and businesses, which have led to concerns about inflation and currency devaluation.
one potential solution that has been suggested by some is investing in Bitcoin and other cryptocurrencies as a hedge against inflation and a store of value in uncertain times like this. What do you think about this idea? Do you believe that cryptocurrencies are a reliable safe haven asset?
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