Exit Scam

[JayCue]

I have joined the bounty campaign of RepuX and was very disappointed after finding their exit scam strategy after the ICO sale. Although I didn't spend any cents I still invested my time sharing their project on social media without knowing this would happen. Hoping the team will be bought to justice!

[cotton ball]

right, we really have to research a number of projects because there are many who make scam projects so we can get stuck in projects by spending money when buying ICO, but now there is an IEO so that it can give us a choice of new investment tokens.

[IvugeoEvolutionCoin]

Even projects already trading do exit scam, talk more of one's with not working product and verifiable team. The best investment advice can only be giving by the investor after extensive research. Do not let anyone tell you otherwise. DYOR can never be underestimated

[Altero]

Even projects already trading do exit scam, talk more of one's with not working product and verifiable team. The best investment advice can only be giving by the investor after extensive research. Do not let anyone tell you otherwise. DYOR can never be underestimated

Because they are pretending that they can survive with the competition but they don't. That brings them to decide an exit scam but they are not truly their intention to their investors and traders. But somehow, we think also that there is a manipulation happen with their team and they just saying that one of their team members resign in his position or any alibi's. They just want to divert the minds of the people as their intention is to have an exit scam after collecting funds from investors.

[pearcy jackson]

This is bad, wonder how this scammers sleep at night. Just see how we as bounty hunters hurt when a project exit scam, then imagine how the investors that lost money must have felt. Sometimes, research doesn't even help in identifying this scam projects but we hope this 2019 will be way better.

it has become our risk as a bounty hunter or investor in a cryptocurrency project, so we must always do research to be able to avoid the scam project, by doing research we can still get a scam especially if we don't do it at all, then what do you do besides hoping for the best for the current project conditions besides doing research? because I think it is very helpful if you are really careful about doing research.

right, and at least we have tried to do our best, because there is no way for people to want to get loss, investors, bounty hunters, even scammers also want to make a profit, therefore we all try as much as possible even though the luck is the decisive one.

[Koadharber]

Even projects already trading do exit scam, talk more of one's with not working product and verifiable team. The best investment advice can only be giving by the investor after extensive research. Do not let anyone tell you otherwise. DYOR can never be underestimated

Because they are pretending that they can survive with the competition but they don't. That brings them to decide an exit scam but they are not truly their intention to their investors and traders. But somehow, we think also that there is a manipulation happen with their team and they just saying that one of their team members resign in his position or any alibi's. They just want to divert the minds of the people as their intention is to have an exit scam after collecting funds from investors.

Now a days many investors lost their trust investing in a ICO's that's why scammers making another plans to collect investors funds,they are pretending that they list it in the exchange because many investors think that if the tokens is listed into the exchange is legit but that is scammers new tricks after they collect enough funds they will sell all their tokens and exit scam.

[fullhdpixel]

I have joined the bounty campaign of RepuX and was very disappointed after finding their exit scam strategy after the ICO sale. Although I didn't spend any cents I still invested my time sharing their project on social media without knowing this would happen. Hoping the team will be bought to justice!

The time wasted on some of these projects can even be more painful than the money spent on them, both are bad though and it’s a sad thing that these projects of ICO keeps getting worst despite the fact we keep giving them chance.

Very soon, both investors and bounty hunters might not be willing to take that chance again, which could lead to the end of ICO as crowd funding method, other method that would become popular soon will be IEO, STO and maybe there can still be chance for IPO to be revived since it was the birth of ICO that lead to the downfall our IPO.

[sadewa69]

right, and at least we have tried to do our best, because there is no way for people to want to get loss, investors, bounty hunters, even scammers also want to make a profit, therefore we all try as much as possible even though the luck is the decisive one.

you're right, luck is an important factor when we've tried to choose a good project. because everyone doesn't want to lose, and we certainly don't want to lose.

[shmoopa]

Must check team member and project before investment. Must ask to expert about project and then invest.
Not all ICO exam, main problem they don't reach target, or face problem with implementation, documentation, and other issue, fail a project, and consider as scam.

[superving]

As long as money is involve dont be so sure even they have a great team they can still betray anyone.Money can buy anything always remeber that. That is the hardest part that we cant deny.

[sammy21]

As long as money is involve dont be so sure even they have a great team they can still betray anyone.Money can buy anything always remeber that. That is the hardest part that we cant deny.

that is what makes me very difficult to believe in a new project because of the reason that we are too likely to be cheated. but I have to be able to reduce the risk by doing some small research so we can benefit from the new project.

[ene1980]

Be careful with ICOs, we were all warned about many of their shady projects.

And as long as there are investors that are too gullible with such projects, they will continue to reproduce. It's hard to accept for them that the best days of ICOs are now gone.

We had hundreds of ICO projects and there is none that comes to my mind that sticks around, every ICO that happened were fake one's who scammed every user and ran with the money and there is no legal penalties for fooling the investors and getting away with millions, we know very well that these projects will not come up if there is strict regulation in this market and they were taking advantage of the situation.

[aioc]

There are reason's why we need to do intensive research- thus this will happen to our investment..

Please see the article https://thenextweb.com/hardfork/2019/05/16/repux-joytoken-ico-exit-scam-8m/

There's a lot of disadvantage of investing in ICO right now, it's not worth it anymore, first there is no guaranty that the ICO will reach their soft cap even if the project is good, second there is a lot of uncertainty if the project will push trough I have seen a lot of ICO's stopped their development, because they are waiting for the market to get better.