EOS ICO SCAM 👺👺👺 Wow! Can you believe this? 👺👺👺

[Pistacia]

Ok just a little recap on the EOS fraud

1. there is no EOS platform as of yet, we are talking about a fork of BitShares. again: there is no functional platform whatsoever as of yet.  In other words: a mere promise is being sold

2. 1 year long ICO to collect a significant percentage of the entire ETH supply. Nobody would ever need this much money to create the platform. Astronomically more money is being raised than would ever be required. First day (of 350 more days) only: $181,295,950 (ico address here, also note the ETH that has already been moved out)

3. creates a fake sense that EOS is a true competitor to Ethereum, but in reality EOS as of now is a simle token run on the Ethereum platform

4. uses ETH raised in the ICO to generate fake price and fake demand on exchanges

The price in only hype thing, EOS team use ETH from crowdsale to hype market, they send 20000ETH to Bitfinex and 2000 ETH to Kraken to do hype, for yunbi.com, lixiaolai is an investor/co-owner and he is member of EOS team too, so the hype in yunbi is crazy.

https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx

In summary,nothing much, just hype with the money from investors, not sure whether this is legal or not.

5. let people buy in, milk the crowd who doesn't know better!


==>  EOS is a very nifty scam to enrich their founders with ETHER, this is what it's all about

we can safely say that there has not been a scam as advanced as EOS in the crypto sphere up to now.

this is an entirely new level of insanity

Look through it!

[woxXxow]

Any proof? Not to say that your arguments are not viable. But in order to make it plausible proof is needed

[Pistacia]

Any proof? Not to say that your arguments are not viable. But in order to make it plausible proof is needed

1. https://github.com/EOSIO/eos/commit/e03269e8ed2a2544f85573f0a8028724b8a57e4c
2. https://ethplorer.io/address/0xd0a6e6c54dbc68db5db3a091b171a77407ff7ccf
3. https://eos.io (for info on what it is supposed to be), this to see that EOS is simply an Ethereum token as of now
4. https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx
5. http://coinmarketcap.com/assets/eos/#markets

[Alttrader203]

I posted multiple threads on this. I agree.

My short message is: eostupid people invest in eos now

I will by easily when the price is 1/4th after this thin gets decimated within weeks.

It is an unfair enrichment of the founder. There is no need at all for him to collect a billion to code a blockchain.

Stupidity has no limits...

[Iris Linus]

looks like a very carefully thought out plan to collect a lot of ETH while at the same time causing some FUD about Ethereum 'can't scale bla bla, need EOS bla bla'. Of course Ethereum will simply update its network. EOS will never be a competitor.

[EOS7]

Thank you for pointing all of this out. I almost invested (lol) earlier today

Price crashing quickly now, so sad for all those who bought at 5$+

0.90$ (First day ICO price) is still way, way, waaaaaay too overpriced for the EOS Ethereum token IMHO

[50cent_rapper]

LOL, 200m+ ICO for Bitshares fork? 
The madness in crypto continues to exploide 

[Spoetnik]

Any proof? Not to say that your arguments are not viable. But in order to make it plausible proof is needed

WOW holy fuck.. you are the first commenter.
And i seen this play out exactly the same before lots by yet ANOTHER noob account.

Either you are a brain dead idiot or can't read or.. are acting like a deceitful scammer.

You god damn tell me smart fucker if they need 170 million god damn fucking dollars for a Bitshares fork.
Proof ?
Yeah ...you prove they need even 1 fucking million.. let alone 170.

You all out there are scammy morons.
You are not smart but instead shady greedy losers.
You make crypto look like pure dog shit.
I don't like you and i am not glad you are here.
Go fuck yourselves.

[Alttrader203]

How do i bet against this eos thing? I bet price will be 1/2 todays price in 1 week.

Bets?

[turquaise]

nice.
all ETHs gone to bittrex and sold out. thats why ethereum price is down.

[AgatioX]

The marketing about particle sales of tokens did the trick IMHO.
EOS was jsut hyiped hard))

[Kunegos]

That is for me the greatest scam I ever saw. There was scam by newbieness, such as The DAO, but here it is a scam by evil genuisness !

[EthBooks]

This is such an eye opener to many.

[Come-from-Beyond]

also note the ETH that has already been moved out

How can we be sure that these ETHs won't be used by the ICO owners to buy into their ICO?

[daniweb]

I have seen many opinions, that some ICO is a scam but we can't know if it realy is a scam or not. Time will prove it.

[Pistacia]

Visit EOS Important Notes and Warnings for Newbies

[wawaTwice]

Any proof? Not to say that your arguments are not viable. But in order to make it plausible proof is needed

WOW holy fuck.. you are the first commenter.
And i seen this play out exactly the same before lots by yet ANOTHER noob account.

Either you are a brain dead idiot or can't read or.. are acting like a deceitful scammer.

You god damn tell me smart fucker if they need 170 million god damn fucking dollars for a Bitshares fork.
Proof ?
Yeah ...you prove they need even 1 fucking million.. let alone 170.

You all out there are scammy morons.
You are not smart but instead shady greedy losers.
You make crypto look like pure dog shit.
I don't like you and i am not glad you are here.
Go fuck yourselves.

hahaha! As always, a remarkable and inimitable prose!

[doverman]

This is my first post ever on bitcointalk. I have always read this forum as guest, only reading the comments.
Nevertheless, I really want to comment the following. I want to warn would-be EOS (or similar ICOs) investors, into not loosing their Ether.

Finally someone is pointing this out. I can't believe how greedy the investors have become to actually invest into this madness. They are litteraly giving their ether to the EOS guys. If they want to give money away, the should consider a charity, or maybe a small donation to people like us  
Anyway, I find unacceptable how greedy the developers have become.

Put it this way, make an ICO that last for one year, anyone can contribute from day 1, but the tokens are released daily, during the 1 year period.
Obviously, because the tokens are being released gradually, but the investors have already put their money on the tokens, they are going to be worth much during the first phase, which will only pump the coin by convening the false illusion of good ROI. The good ROI is only for the (very very very very) early investors, that had their tokens on the first days/weeks. By the end of the ICO, the tokens are going to be highly depreciated, and a lot of people would have lost a lot of money.

Please people, think on the ICO terms before investing. Some things to have in mind before investing into an ICO:
* How many coins will be issued?
* How will the coins be distributed?
* What is the roadmap?
* Technical pitfalls, copycats, improvements, etc.
* Most important, how much would the token's market valuation be by the end of the ICO?

It doesn't make sense to invest into an ICO that already started with a 400 million market cap, since just by a 10x increase, it would have reached 4 bln. This is huge! Since there are just a couple of coins that have achieved that.

I can't believe all the greed that is going on with these ICOs.

Anyway, although I'm sad for projects like this (they can bring bad reputation to the cryptoworld once they collapse), I'm happy because the projects in which I have invested are not being flooded, so my capital hasn't been diluted on irrational ICOs.

[Scamlarimer]

also note the ETH that has already been moved out

How can we be sure that these ETHs won't be used by the ICO owners to buy into their ICO?

Notice point 1

Another 50,000 ETH on its way from the EOS crowdsale to be sold on Bitfinex back to investors so they can send it back to the EOS crowdsale

https://etherscan.io/address/0x9937dbb2128b55c44d8af7bf36fd76796a814cf4#internaltx

How dare you try to fud my piggy bank.

Here's the scammy part of bitshares3.0 that we baked in. This is my favorite part.

1. We are going to recycle funds. Lol. Monies paid to us, then get "paid" to our workers, me and my bro, we then "reinvest" back into eos, rinse and repeat 300+ times.

Solution: we should block those funds from being recycled by just locking them, but we're not hawhawhaw -suckers.

2. Most people will treat the daily ico auctions like ebay, invest at the last moment, we plan on manipulating the market at the last moment as well to make it seem like the auction is a great deal.

3. We also plan on manipulating the market at the beginning of the day to make you want to dump your position.

4. We claim that this ico method is to prevent whales. Lol. Thats not possible but please keep repeating it.

5. We already have an automated bot to help manipulate this motherfucker, you don't hehe.

[Spoetnik]

My point earlier is I usually see a NOOB account or two show up quick saying where is the proof?
(On any scam accusation)

The proof is blatant.
When you raise a small countries worth of money for a "coin".. #8,769
THAT is your "proof"

And as others pointed out It shows how silly this is getting.
Literally nobody thought these coins would be pumped up like they are years ago.
This last few months runs mind blowing.

And 99% of it all is pointless shitcoin pumping hype crap.
If 1 coin was big and went up in value that would be one thing..
But we are seeing anything not nailed own explode in price.

Which sadly I am in the position yet again of having to point out that is not good.

You all tell me.. Does the Larimer crew need to port Bitshares to the Ethereum platform?
Are they not then pretty much abandoning Bitshares then?
Duh.. But they wanted in on the mega craze of pumping out ETH ICO coins and they wanted a piece of the blank check that is being handed out.

It's a sign that users here are really screaming take my money now!
Even if the ICO system is scammy and even if they are clueless to what it is they are even "investing" in.

You are not investors.
You are shitcoin pumpers for profit.
These are not companies and none of this is safe, legal, transparent or accountable.
You are all shady Pyramid scheme participants gladly handing over real money to anonymous shady characters in the hopes of getting profit.

That makes it a scam Investards.
THAT IS WHAT A SCAM IS.