E-dinar is scam coin??

[golfhuso]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

[1ofthemany]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

Ponzi.

[robelneo]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

Also sign up there two months ago when I was invited by my close friend I cannot say no,and judging from the system and their features it's an mlm but pretty much like a ponzi scheme where the funds stopped when people stop coming..

[Cboy]

Stay away !

[European Central Bank]

no honest venture can produce that type of return and they certainly wouldn't make you hustle it even further. that's all classic Ponzi behaviour. is this a good friend of yours? if they are then they need some basic education.

[helloeverybody]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

Imagine reading this if someone else wrote it, I dont even know the coin , ive never even heard of it but your explanation of how it works shouts out ponzi right away. Its not to say theres no money to be made in it but like all these things unless your one of the earlier adopters then chances are your going to go down with the ship.

[aleix]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

FYI

http://behindmlm.com/mlm-reviews/e-dinar-review-edr-unit-ponzi-points-cryptocurrency

[ghostlander]

4% to 5% interest every week and a multilevel referral programme are clear signs of a fraud.

[aioc]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

FYI

http://behindmlm.com/mlm-reviews/e-dinar-review-edr-unit-ponzi-points-cryptocurrency

It's 100% mlm and investment program no doubt about it if you know how crypto currency works this kind of program is not for you,this people from mlm are now  invading the crypto currency industry because they knew there is a lot of money to be made here..

[BitcoinNational]

"people from mlm are now  invading the crypto currency industry because they knew there is a lot of money"

in general most of these mlm types get no access to the crypto space
E-dinar appears to be one that has gained some access to multiple exchanges
this coin runs crazy trade volume, and helps keep the lights ON for the 2nd tier exchanges
but anyone with IQ above room temp knows this coin is crap (and faked volume)
also note the insane spread, given the high trade volume

the red flags are all flying

my read is that the 'con' is with the highest buy bid exchanges;
which likely have measures to prevent actual withdraw (via GOX playbook)
and the other exchanges are allowing freemarket discovery,
but there is a ton of BTC backing the hustle, hence the wild prices/vol.

oddly enough this 'show' might eventually launch a fair POS coin/network
if and only if some market bottom holds after the rug gets pulled

[DONTINVEST-EDINAR]

EDR & E-DINAR COIN, (which was EDR before) is a fraudulent crypto scheme. DO NOT TOUCH IT!

I know many people, also myself, that lost $1000s as the company delivered 0.65% per day for 3 months on the EDR but they recently changed everything (August) to EDC which they say is registered to various crypto exchanges - which show very little volume of trade (exrates & alcurex) - the total volume dropped 98% since it was trading with EDR. Price was artificially high as they released the EDC. This is easy to see in hindsight now but not at the time.

They converted everyones EDR to EDC giving the EDR a value of 1/1000 of EDC. So if you invested $1000, then your EDR would be worth only 1 EDC. No one informed participants of the change and their website said 2 years to 22 Million mining and then changed to 22 Billion.

There are no head of company you can contact and you solely rely on the person who introduced you the EDR/EDC coin.

Do not touch E-Dinar coin at all. I know several people now have contacted the authorities but I doubt there will be any recourse as the head of the companies are hidden.

Please pass this message around as people are right this is a MLM type setup and the people involved are all from that industry trying to cash in and target newbie people in the cryptocurrency market.

[gobbledygook]

yes! this is exactly what it is... i also lost on EDR scam almost 1300 USD.


STAY AWAY! here is another topic in russian from the biggest fintech forum in ru-net: http://mmgp.ru/showthread.php?t=470963

[btc_zero_sum]

E-Dinar, Leocoin, Onecoin === SCAM! STAY AWAY!

Cryptocurrencies are not supposed to be a MLM business, the ones promoting this kind of scam are the only one gaining money using the same old schemes

Crypto is supposed to liberate us, not to enslave us in a Multi Level chain of scammers

[cryptolord]

I've been staking EDR for quite some times and so far so good. This is my finding:

1. Very low risk, the coin stays in your wallet and you can sell it whenever you like
2. The volume is good: Easily 1000 btc daily http://coinmarketcap.com/currencies/e-dinar-coin/#BTC
3. Staking return is reasonable : 0.65% daily or about 20% monthly
4. Listed on several exchanger, the biggest volume on yobit
5. Xtra income for those who like to promote the coin

To me this is a lot safer than the so called cloud mining since the coin is in your wallet and you can even sell it 5 minutes after you bought it

For those who say they have been scammed, please share with proof.

Thanks

[DXB2017]

its a pure scam,be smart where you invest money!

[gobbledygook]

During the launch, some people said they were SCAM, at moment I can't confirm...

pure SCAM i confirm:

1. establishing EDR was made using E-DINAR HYPE that has stolen money and now built next HYPE called EDR coin
2. EDR coin isn't crypto currency at all: it doesn't have any params of cryptocurrency


Stay away either totally recon this is HYPE that can SCAM at any moment...

[fortunecrypto]

During the launch, some people said they were SCAM, at moment I can't confirm...

I also believe that they are a scam site the first time I saw it,but afte a few weeks of watching their volume I have second thought,I'm wondering how many whales are now playing with this coin,
They had a very huge volume https://yobit.net/en/trade/EDR/BTC

[ethereumhunter]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

i think i can not believe that we can get 4-5% for every 7 days and maybe its like the other of MLM programs that scammed many people so i think you should be careful when you decide to join with their programs. you need to learn about their programs with details before you join and you need to read the reviews from other people so you can know how good the programs. but for me, i think i don't want to join any programs that looks suspicious for me and better i played safe for my bitcoin.

[Digitalbitcoin]

After reading reviews of forum user about EDR its taking me to conclude EDR is ponzi. As per my acknowledgement no altcoin can sustain with mlm or network marketing. In such ways of promotion certain users only get higher share and revenue but the last person who gets involved in such schemes get lost their equity.

So my honest suggestion is think twice before making any financia transactions for such mlm based cryptocurrencies.

[oktana]

Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?

FYI
http://behindmlm.com/mlm-reviews/e-dinar-review-edr-unit-ponzi-points-cryptocurrency

It's 100% mlm and investment program no doubt about it if you know how crypto currency works this kind of program is not for you,this people from mlm are now  invading the crypto currency industry because they knew there is a lot of money to be made here..

If we talk about ponzi, then the rules of this forum will obviously say no. And if we use behindmlm.com as a primary source of news, it is clear they also would say no. Behindmlm hate the whole business is included in the HYIP category, because they paid for it.

Although not all of their opinion is wrong. But many of their analysis to embarrass themselves. Examples of their discussion about Herbalife, Onelife /onecoin, and Futurenet, 3 types of businesses grow stronger until now.

As a trader, we thought it was quite simple, hundreds of kinds altcoin affect the value of bitcoin. and we can see Edr traded in yobit market, and are on the list of coinmarketcap. We could have traded there, and a lot of profits to be gained, and it was better than we were busy screaming about scam and so on.

Indeed EDR system using the binary/ponzi for passive income. But one of the profit earned comes from mining invest (0.65%/day). It wasn't wrong in the world of marketing. I'm not defending either side, but I want you to be smarter and maximizing the potential of all existing altcoin.