DC-EX / PIPCOIN SCAM

[mzansi]

So the owner of pipcoin ..Ref Wayne did a major ICO raising millions

hurriedly create an exchange using a script sold for $50

as the chart shows...plenty of bagholders who will cry after this pump and dump scam

http://coinmarketcap.com/currencies/pipcoin/


https://i.imgur.com/MsiTSVE.png

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[spartak_t]

Where are your proofs? From what I see it is a simple script coin, which is most likely premined, but ICO?

[mzansi]

Where are your proofs? From what I see it is a simple script coin, which is most likely premined, but ICO?

http://www.fin24.com/Finweek/Featured/beware-pipcoins-promises-20160811

it started as an MLM

[spartak_t]

This joker? https://www.youtube.com/watch?v=ZSMh6nSkoXU



I think only people with IQ equal to a room temperature could fall into that...

[mzansi]

This joker? https://www.youtube.com/watch?v=ZSMh6nSkoXU



I think only people with IQ equal to a room temperature could fall into that...

yes so sad over $4million dollars gone

[Malindi]

Where are your proofs? From what I see it is a simple script coin, which is most likely premined, but ICO?

http://www.fin24.com/Finweek/Featured/beware-pipcoins-promises-20160811

it started as an MLM

This pipcoin thing started as a decentralised Ponzi scheme early February 2016, paying 35% interest a month. Members believed they were depositing funds into each other accounts, though in reality, almost all the funds found its way to Ref Wayne’s bank accounts.  The Ponzi scheme actually lasted for four months only, it collapsed in June 2016.
To hide the collapse, the scheme was changed into a pipcoin trading exchange. Unfortunately, the pipcoin value dropped from $7 per coin to about $0.04 per coin.
It’s a very sad story, as it is mostly the poorest – students and pensioners - who lost out. Probably 98% of about 90 000 people who had invested in the scheme lost out. Some lost as much as $30 000 each.

[spartak_t]

I can't believe people were THAT stupid...

[bitcoinbs]

we came to attention that our site word is included in this talk. without proper details don't post like this.

actually ref nikele is that person who run that scam and sold virutal coins to people.

we not interested to list PIP in our site. Instead making it scam. We planned to help the people affected in it. Ref only scam person, the coin is not scam

like that if we see means in all 4000 coins all owner just create and run all 90% coins are scam.

DC-Ex is exchange partner in all e-currency sites check our site footer. we distributing the coins to the affected users of that scam and helping themto recover.

Also we sent warning to ref to return people money we are fighting for that people.

Most of the people are very innocent not even able to do registration in our site and do withdraw. So it is easy to scam them

we running finance site for 2 years e-currency.trade and dc-ex.com

check all e-currency sites partner page we are partners with them why we need to scam people we just help don't create negative about dc-ex

https://bitcointalk.org/index.php?topic=1604266.msg16104894#msg16104894