Another Scam ICO Project UCHIT!

[9jaflick]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

[jemine]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

You very correct. Some ico of recent lack vision and worktable idea,  they are only out there to encourage the public to invest in their icon and promise alot of bonuses and exchange listing.  At the end none of their promises are fulfilled.

[billyj111]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

Of course, what is worth, but I need to be an expert and invest only in perspective and real projects and not give yours money to the scams

[Harribel03]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

I became a participant of their ICO also and it was really a heart breaking to me when I saw how the people reacted on their telegram yesterday. Even the manager said that they are really scammer since the management did not communicate the manager. This is a scam project. They have fake CEO and I think their 16 million softcap is just an illusion.

[dumplingsandsushi]

You should put this up on the scam accusation thread.
Straight up scams where devs dissapear with your money are actualy quite rare.  When they do happen, word needs to be spread.

As far as ICOs in general, for years people have been warning at how risky they are.
It is not a secret and if someone jumps into one and gets burned, I don't feel any remorse if they lost money.

There is, of course, a lot of profit to be gained, but because it is so high risk, I would say it is only owrth it after doing a tremendous amount of research.
?Not just simple things like reading their whitepaper, but actually talking to the devs, fact checking, taking data and asking professional's opinions on them and all that.

Me personally, I have made an insane amount of money on ICOs...
Only to get burned really badly by one.
Overall, I have made money, but just one bad one really put a dent in my profit margins.

[9jaflick]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

I became a participant of their ICO also and it was really a heart breaking to me when I saw how the people reacted on their telegram yesterday. Even the manager said that they are really scammer since the management did not communicate the manager. This is a scam project. They have fake CEO and I think their 16 million softcap is just an illusion.

sad to hear this, just gather your piss and move on buddy, they are not the first and they will definitely not be the last.
When next you want to participate in any ICO project next time, be Bounty or investing, do a proper research.
As for the 16million dollars, I have no reason to believe that its all cooked up just to get investors attention.

[AlisaWhishie]

OMG, I have already seen another ICO page with exactly the same design! How could it happen? Is it some "smart" designer who's sold it twice?
BTW, it surprised me that this projects has such high raitings on all of the major ICO trackers, but after all it turned out to be scam. Just look an this, it has recieved pretty good feedback from the ICObench analyst...

[husanlarisa]

ICOs are highly risky to invest in.
Not just because there's no alternative SEC or FINRA for crypto industry, agencies that does research on ICOs before they will be eligible to gain investors money.
There're so called PUMP&DUMP thing, which means that crypto is very speculative and volatile, meaning that it's risky asset.
Never lose your money bro

[Abugbilla]

I have been a victim of numerous scam projects. It is not as painful whenyou are a bounty hunter to when you are an investor. But of course, no one promised us that things were always gonna go on smoothly. There will always be ups and downs, just focus on the good ones and move on.

[vrabac68]

Are you sure? Did you check their telegram group? Dont accuse if you are not 100% sure .There are plenty scams ICO but also there are good ones and honest but simple we are in bad market condition that its so hard to bring new investors onboard . Hope it will change

[marks1976]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

I have invested in several icos and never had any problems with it. The result depends on your analyzation. I can say that i will not believe about uchit has raised around 16 million dollars because the scammer has been refusing to publish its smartcontract or crowdsale address. The total amount has been manipulated by scammer. It's not the real amount i guess. I was learning a lot from the past scam icos.

[9jaflick]

Are you sure? Did you check their telegram group? Dont accuse if you are not 100% sure .There are plenty scams ICO but also there are good ones and honest but simple we are in bad market condition that its so hard to bring new investors onboard . Hope it will change

I thought you have done your research already before asking me if I am sure of my claim, if you don't have their Telegram channel here is the link! https://t.me/joinchat/DZmddhD1kcq60aOeK_EAhQ ANN Thread https://bitcointalk.org/index.php?topic=3160710.0 Bounty thread https://bitcointalk.org/index.php?topic=3167782.0 all locked up, except for the Telegram group that has already been hijacked by ICOs Promoters.

[Marine8]

I feel very saddened that this project has ended up being a scam. I wasted a lot of my time writing blogs upon blogs about this project and they were being accepted and given higher stakes too. When i saw the amount of money they claim to have raised, i was very confident something nice will come out of it, only for it to a scam.

[kakehgilleh]

This is bad news. I am sorry for the damaged project. I can not imagine how disappointed they become investors. I personally as a bounty participant from uchit also disappointed at the destruction of this project.

[hastag_80]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

Will,i feel your dissapointment bro,about some new  ICO project development,that there are some of them are ponzi,and all things and effort will turn into worthless like the one that you give example  Uchit project,but  in my own thought  there are many ICO project also that they are true  to there motivation and the project that they produce thats why for me ICO project is still worth to invest and trusted and those happen in Uchit ICO is a case to case basis only.

[ugur2222]

I have 37.5 stakes from the article of this project. if Scam is bad. I wish I had never tried writing . there are too many scam projects. Not just when you're investing. We have to be careful when making bounty

[AlisaWhishie]

I have 37.5 stakes from the article of this project. if Scam is bad. I wish I had never tried writing . there are too many scam projects. Not just when you're investing. We have to be careful when making bounty

Same. I participate in video creation campaigns and it hurts me so much every time when I understand that the project I supported is just a scam. And this happens so often nowadays. Creating quality content is so time consuming and it's not valuable now among even legit ICO projects, but these scams just take away all of my motivation.

[Vness10]

honestly speaking, is ICO Projects worth investing on, considering the high risk involved?
look at Uchit https://uchit.info/  they collect over 16million dollars from investors worldwide and they are nowhere to be found now.
this is not the first neither will it be the last.
Looking at must ICOs project that crashes after they get listed on an exchange and some ending up to a scam.

is ICO really worth investing on?

It's very disappointing that another ICO scam again the people. My friend join their bounty from the start and its really sad that they are end to scam actually they not wait the last 2 weeks to finish their ICO. It's worth to invest if the ICO is really good but the problem is it's hard to find a legit one.

[megaflux7]

Icobench rated this project. I mean how could ico rating websites promote scam. Same way they promoted hashcard and rate them 4.1. I think doing due diligence is key. This is bad business for crypto.

[AlisaWhishie]

Icobench rated this project. I mean how could ico rating websites promote scam. Same way they promoted hashcard and rate them 4.1. I think doing due diligence is key. This is bad business for crypto.

One more proof that ICO trackers shouldn't be trusted anymore. I don't know whether it's true that they charge a lot of money for good raitings or not, but it's obvious that their analysts can't perform their work properly. And the same with all of the celeblity-advisors and influencers.