Is bitcoin hyper (HYPER) legit?

[btc1996]

Hi,

Newbie getting back into crypto after many years.

I decided to gamble a bit and put a few hundred dollars into this 'bitcoin layer 2' project called bitcoin hyper.

Apparently it is another layer 2 project that is using a solana virtual machine and canonical bridge to enable a wider range of bitcoin applications.

The logical part of my brain tells me that layer 2 projects for bitcoin are going to become quite important for the future of bitcoin as a currency hence the decision.

The thing is i've heard about an equal number of people say it's a scam and that it is legit.

Will I ever see my money again? 

[Monzu778]

An analysis about the Bitcoin Hyper (Ticker $Hyper) project showed that it is extremely high-risk and probably not a safe legitimate project for investors, but rather speculative gambling. Although the project was audited, its validity is questionable, as there are no verifiable products and the identity of the team is unclear. Propagation is extremely aggressive, which has the potential to signal high risk. In the absence of local control, the ability to recover losses may be low. It has been recommended for investment that it should be seen as a small, speculative venture, where there should be preparation for full losses and decisions should be taken after in-depth research.

[btc1996]

An analysis about the Bitcoin Hyper (Ticker $Hyper) project showed that it is extremely high-risk and probably not a safe legitimate project for investors, but rather speculative gambling. Although the project was audited, its validity is questionable, as there are no verifiable products and the identity of the team is unclear. Propagation is extremely aggressive, which has the potential to signal high risk. In the absence of local control, the ability to recover losses may be low. It has been recommended for investment that it should be seen as a small, speculative venture, where there should be preparation for full losses and decisions should be taken after in-depth research.

Ah ok thanks man.


 that sucks then :/

So many fake ico's these days it's hard to discern the real ones.

[passwordnow]

Hi,

Newbie getting back into crypto after many years.

I decided to gamble a bit and put a few hundred dollars into this 'bitcoin layer 2' project called bitcoin hyper.

Apparently it is another layer 2 project that is using a solana virtual machine and canonical bridge to enable a wider range of bitcoin applications.

The logical part of my brain tells me that layer 2 projects for bitcoin are going to become quite important for the future of bitcoin as a currency hence the decision.

The thing is i've heard about an equal number of people say it's a scam and that it is legit.

Will I ever see my money again? 

Welcome back and sorry to say, accept it as a loss. One indication of what projects to avoid is not to invest with any project that's named after bitcoin. It's been so long that we've got all of those bitcoin forks and each of them have naturally died. And there will be no contribution from these layer 2 projects for bitcoin for its future. I've seen that this coin is posted by an unknown articles website, I wouldn't trust it as well with that .bg domain.

[TastyChillySauce00]

So many fake ico's these days it's hard to discern the real ones.

ICO are 99% scam. They usually outright scamming people or do a slow rugpull. Even if you want to gamble on a new project why don't you stick with IDO from coinbase, or binance. They offer pre-TGE IDO for new projects. Although the coin can turn into absolute crap at least you aren't getting scammed outright.

Although it's way better if you just put your money into bitcoin instead. These ICOs aren't worth the risk at all. Even if they don't scam they usually dumped in price and you will be getting fraction of your investment back. Totally not worth it.

[gunhell16]

Hi,

Newbie getting back into crypto after many years.

I decided to gamble a bit and put a few hundred dollars into this 'bitcoin layer 2' project called bitcoin hyper.

Apparently it is another layer 2 project that is using a solana virtual machine and canonical bridge to enable a wider range of bitcoin applications.

The logical part of my brain tells me that layer 2 projects for bitcoin are going to become quite important for the future of bitcoin as a currency hence the decision.

The thing is i've heard about an equal number of people say it's a scam and that it is legit.

Will I ever see my money again? 

Just accept that you lost, learn from it, and make sure to avoid mistakes the next time you invest in the crypto industry, OP. That’s really the life of an investor we lose and we win.
There’s still a lot you need to learn in this crypto business.

You won’t succeed right away here. You’ll go through many things where the bad experiences outnumber the good ones, where you actually make good earnings from cryptocurrency.
Just don’t give up and keep learning.

[asriloni]

Are you intentionally promothing this shit scam bitcoin hyper? It has been largely marked as a scam. Anon team, no audit, no product, and they do non sense pre sale with non sense rules.

Congrats, you have invested your money to the scammer's pocket. You won't see your money back again.

Trusting a project that claimed to build L2 blockchain over Bitcoin with Solana tech so dumb

[john_egbert]

Maybe, but probably not.

Next time just go for BTC itself

[MAAManda]

Will I ever see my money again?

Since a few months ago, whenever I visit some mainstream crypto news outlets, I always see this $HYPER advertisement. From what they've done, I can tell they're heavily advertising. However, whether this will end well or badly, I can't say. Their presale has about a day left, so we'll find out later.

BTW, when I read their WP, I found a familiar name, it's the name of their Managing Director (Agus Prabowo Saputra), people from our country are less skilled to become crypto project developers, so I can only say good luck to you .

[0x000369]

oof rough way to come back into crypto mate sorry to hear that you definitely jumped into the deep end with one of these new bitcoin layer two projects especially one with "bitcoin" right in the name that's usually a red flag right there like the hero member said

the logic about L2s being important for bitcoin's future is totally sound that part is correct but picking which L2 is the hard part reading through the other replies it sounds like your initial investment is probably gone sorry to be blunt but most of these high risk presales especially with anon teams and aggressive marketing end up that way

lesson learned though seriously next time stick to big name exchanges IDOs or just plain old BTC or ETH at least for a while get your sea legs back before gambling on the low cap stuff

dont let this one bad experience put you off crypto completely just be super careful what you throw money at and do way more research than just half an hour of reading

keep learning and keep your head up

what other coins are you looking at or are you sticking to bitcoin for now

[john_egbert]

Will I ever see my money again?

Since a few months ago, whenever I visit some mainstream crypto news outlets, I always see this $HYPER advertisement. From what they've done, I can tell they're heavily advertising. However, whether this will end well or badly, I can't say. Their presale has about a day left, so we'll find out later.

BTW, when I read their WP, I found a familiar name, it's the name of their Managing Director (Agus Prabowo Saputra), people from our country are less skilled to become crypto project developers, so I can only say good luck to you .

And for it to not to be the rug in the end I do hope OP will at least get what put down in this token, but overall.. I wouldn't say the chances for it are high. The market itself is not pushing for projects like that, not too bullish like it was in the previous years / cycles.

[btc1996]

Yes it was their advertising that rugged me into the scam.

As you say there are many crypto news outlets promoting this.

I was simply looking for a quick way to make some short term gains so I can start buying bitcoin.

[henry_of_skalitz]

Yes it was their advertising that rugged me into the scam.

As you say there are many crypto news outlets promoting this.

I was simply looking for a quick way to make some short term gains so I can start buying bitcoin.

That's a nice goal and I hope you put into it what you are okay to lose reaching your goal.

Short-term buys and sells are like betting, and you never know how it would go without the insider knowledge.

[btc1996]

oof rough way to come back into crypto mate sorry to hear that you definitely jumped into the deep end with one of these new bitcoin layer two projects especially one with "bitcoin" right in the name that's usually a red flag right there like the hero member said

the logic about L2s being important for bitcoin's future is totally sound that part is correct but picking which L2 is the hard part reading through the other replies it sounds like your initial investment is probably gone sorry to be blunt but most of these high risk presales especially with anon teams and aggressive marketing end up that way

lesson learned though seriously next time stick to big name exchanges IDOs or just plain old BTC or ETH at least for a while get your sea legs back before gambling on the low cap stuff

dont let this one bad experience put you off crypto completely just be super careful what you throw money at and do way more research than just half an hour of reading

keep learning and keep your head up

what other coins are you looking at or are you sticking to bitcoin for now

Definitely bitcoin, my goal is to eventually get up to 0.1 BTC if possible. I'm really feeling down about not getting into bitcoin back in the day. I really believe in bitcoin and the ideas behind the project.

I'll write it off as a loss. Lesson learned. And a warning to others to avoid the project.

[john_egbert]

Definitely bitcoin, my goal is to eventually get up to 0.1 BTC if possible. I'm really feeling down about not getting into bitcoin back in the day. I really believe in bitcoin and the ideas behind the project.

I'll write it off as a loss. Lesson learned. And a warning to others to avoid the project.

If you have a stable means of income - you will be able to reach your goal eventually, and, yeah, smaller projects are just for the play of it: you won't be able to make a quick gain here and there without losses on the road to it.

[TryGosred]

Hi,

Newbie getting back into crypto after many years.

I decided to gamble a bit and put a few hundred dollars into this 'bitcoin layer 2' project called bitcoin hyper.

Apparently it is another layer 2 project that is using a solana virtual machine and canonical bridge to enable a wider range of bitcoin applications.

The logical part of my brain tells me that layer 2 projects for bitcoin are going to become quite important for the future of bitcoin as a currency hence the decision.

The thing is i've heard about an equal number of people say it's a scam and that it is legit.

Will I ever see my money again?  

It’s normal to hear very mixed opinions about new “Bitcoin layer 2” projects, especially the ones that aren’t actually built on top of Bitcoin itself. 
If a project is using Solana technology, then it isn’t a real Bitcoin L2 in the traditional sense, so expectations should be realistic.

Whether you see your money again depends on how the team develops the project and how transparent they are. 
If there is no clear roadmap, code, team identity, or real usage, then the risk is high.

I wouldn’t assume it’s a scam immediately, but I also wouldn’t invest more than I can afford to lose. 
Treat it as a high-risk experiment.

[albon]

Yes it was their advertising that rugged me into the scam.

As you say there are many crypto news outlets promoting this.

I was simply looking for a quick way to make some short term gains so I can start buying bitcoin.

Regardless of the project you mentioned, the idea that you're investing based on an advertisement or through crypto news sites was the biggest mistake you made. You shouldn't invest until you've done your own research. Many news sites charge fees for marketing these new projects whose credibility is unknown.

In my opinion, many projects are just exploiting the name Bitcoin to gain exposure and promote themselves to attract investors, though they have no real connection to Bitcoin. Therefore, you should learn from your mistake and always examine the project you're investing in from all angles. Review the smart contract code and liquidity, perform a security audit of the contract, and don't rely solely on what they're promoting about their project, as it might just be a marketing ploy.