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

[phr0stbyt3]

Woah nothing new expected something like this to surely happen , the most suspicious thing was 1 year ico why what's the use and the fact people are that dumb that they are still investing in it , i have a feeling this thread will be show on google now and if this goes viral the first ever million dollar ico scam isn't far away

[JammyJimmy69]

Woah nothing new expected something like this to surely happen , the most suspicious thing was 1 year ico why what's the use and the fact people are that dumb that they are still investing in it , i have a feeling this thread will be show on google now and if this goes viral the first ever million dollar ico scam isn't far away

Polybius has turned out to be a scam also as most of us suspected. I think the gravy train has now derailed for ICOs as these bastards are getting more sneaky by the day. It's not unreasonable to assume that these dodgy ICOs are are the main reason for nearly all cryptos falling like a stone today and it hasn't bottomed out yet.

Polybius... you really are a bunch of total cunts and I hope you rot in prison where you belong. The EU laws are NOT to be fucked with! I'd like to let you know that my bank has NOT processed my $10,000 payment to you and I stlll have my 1250 PLBT in my wallet. They're worth shit now do shove them up your fucking arses where they belong. You know who I am as I use the same ID as here!

Oh... if you Google some of the Polybius staff, you'll see various names for some of the faces. This is THE scam of scams and, I admit, it was a good one, However, my bank was great in supporting me.

For those of you that paid by credit card, you may be covered so call them now!

Even when PLBT drops to $1, leave well alone!

[doverman]

Woah nothing new expected something like this to surely happen , the most suspicious thing was 1 year ico why what's the use and the fact people are that dumb that they are still investing in it , i have a feeling this thread will be show on google now and if this goes viral the first ever million dollar ico scam isn't far away

You are quite right sir!
This is already shown on Google when you search for "eos ico". I truly think that we are making a public service by exposing this huge scam.
But on the other hand, do these people really need training wheels when talking about crypto and ICOs?

Talking from an evolutionary point of view, the dumb people investing into this ICO shouldn't be advised otherwise, since they those are laws of the nature, the least evolved being lost, making room for the most evolved being.

What I really can't stand is people that, after showing them with facts how they are being scammed, they simply deny it.

Anyone giving its money to this EOS ICO should be seriously mind handicapped, because I don't find another explanation for a 1 year ICO that doesn't give coins instantly, but just a few every day.

Two words: mind handicapped.

[Amerikiwians]

Hi everyone. I have noticed something that seems odd with eosscan.io website. Please tell me what you think.

The data on the Sales Summary table for passed periods in the 'Total Contribution (USDT)' and 'Price of EOS Token (USDT)' columns changes every time the page is refreshed. Either this is a bug or they are manipulating the numbers so they look better in relation to the price on the exchanges.

If this is the way it is meant to function then this data doesn't seem to have any purpose other than to confuse people.

I posted several tweets on there twitter in order to post the following message and I have not receive a response yet.
https://twitter.com/EOSscan/status/880377355931234304


It reads a follows.
-------------------------------------------------------------------------------
"I am not trying to be offensive, but I have been watching eosscan.io for days now. I started copying the Sales Summary results just after each period ends to a text document. After several days I noticed that every time I refresh the page on eosscan.io the Total Contribution (USDT) and Price of EOS Token (USDT) data changes.

This should be constant as it is a reference to the price at the end of each period. You should be able to check the EOS price at the end of each period and compare it with the price on an exchange. With this price changing it looks like the EOS price is always lower than the exch and is fare from 100% accurate (as stated on the eosscan.io twitter page). More like -100% accurate. none of these values should be dynamicafter each period has ended.

All values should be static and unchangeable after each period ends. Please look into this and change the values back to what they were at the end of each period and prevent the values from changing after every page refresh.

It is well know that period #2 investors paid well over $6.00 per EOS and it is currently showing $4.1 at time of this tweet.

I do not think this is a fare representation of each period results. I hope to get an explanation from you."
-------------------------------------------------------------------------------


Your thoughts are appreciated!

[tastyhaze]

EOS  -  a scam indeed?

[stibog]

Of course this is a scam. Look at it. They've made NOTHING. The total number of coins is gonna be huge. (it's already huge)
The pitfalls of their idea of parallel processing are too big to ignore.
The whole point of the blockchain is that every miner/computer in the network is working on the same chain, as to verify everything again and again.
If you try to do this parallel... Well, just thing about it. It's no longer a blockchain, but multiple chains.

I've done a lot of threaded C++ programming using Qt libraries. And I can tell you one thing, doing things parallel opens a ton of new problems.
The vulnerabilities will be everywhere.
And seeing that they haven't even made it? I can only say, stay away!

The only thing EOS is, as of know. Is a huge collection of fancy words.
Words I'm not even sure they understand themselves. I would love to see an explanation of how they're gonna program this.
Not all these fancy words, but actual documentation on how the parallel processing is gonna work.

Because I think they have no intention of actually doing it.
Most likely all your money will be gone, and nothing will be made.

Last thing I want to say is this.
I'm 100% for decentralization. But this is not decentralization guys!

They want to centralize everything in EOS. That's centralization!!!
I don't understand how people buy into this.
It must be because most people do not understand how a computer works.

[larks500]

Scum everywhere. Soon ICO will be synonimus of scum

[doverman]

Of course this is a scam. Look at it. They've made NOTHING. The total number of coins is gonna be huge. (it's already huge)
The pitfalls of their idea of parallel processing are too big to ignore.
The whole point of the blockchain is that every miner/computer in the network is working on the same chain, as to verify everything again and again.
If you try to do this parallel... Well, just thing about it. It's no longer a blockchain, but multiple chains.

I've done a lot of threaded C++ programming using Qt libraries. And I can tell you one thing, doing things parallel opens a ton of new problems.
The vulnerabilities will be everywhere.
And seeing that they haven't even made it? I can only say, stay away!

The only thing EOS is, as of know. Is a huge collection of fancy words.
Words I'm not even sure they understand themselves. I would love to see an explanation of how they're gonna program this.
Not all these fancy words, but actual documentation on how the parallel processing is gonna work.

Because I think they have no intention of actually doing it.
Most likely all your money will be gone, and nothing will be made.

Last thing I want to say is this.
I'm 100% for decentralization. But this is not decentralization guys!

They want to centralize everything in EOS. That's centralization!!!
I don't understand how people buy into this.
It must be because most people do not understand how a computer works.

I Can tell you how people got into this into one simple word.
GREED!

People just realized how much money some real investors made a couple of months ago, since they invested before all this ICO crazinesses was at full, back on 2016.
Then, dumb people think that they can too become rich.
Nevertheless, there are these smart people (the people behind ICOs) that also realized that dumb people want to become rich, so they sell them that promise, and everything works.
Dumb people buy richness promises, and smart people sell richness promises. There is a market for promises, and the money can flow.

Smart move by the ICOs, dumb move by the buyers.

Lets see how much time do the dumb people take to realize they are being scammed, and most importantly, how much will this affect the legitimate crypto world.

[xiaohang07]

The recent ICO fever is way out of control. It is like 10+ developers suddenly got 10M - 200M $ even without a working prototype.

[Avaahnaa]

They have been averaging 6 million each day after the 5 day period. First window gave out 200,000,000 tokens which means they get a lower price, which is why funding was so high. Next 350 days gives out 2,000,000 per 24hrs. Price has been averaging around $3 per window. EOS valuation at 3.2 billion? I don't think that's overvalued based on potential of technology and the people who are behind this project. This will become the Apple of altcoins.

[/quote]

Oh yeah, i messed up my calculations, sorry. Just looked that amount released after 5days is 1/100 of initial and average price was higher...

Anyway, lets take 1 billion dollars... 1 billion dollars for an idea/potential. No product, no critical mass of users accumulated.

Apple had $250K Seed funding in the beginning. 
[/quote]

The buying power of $250,000 in 1976 is comparable to the buying power of $1,000,000,000 in 2017.

[evergrow]

in my opinion EOS is simply a "Ethereum Heist". They wanna get as much Ether as possible because they know it's the future. You see?

[wantangcfftc020]

For me, the EOS is not a scam but i will not buy any EOS coins since I think there is limited potential in my opinion. The main reason is that the team seems too greedy and too many investors means less profit.

[Lena_Storifier]

Hey,
Here is a nice visual overview of what EOS is all about:https://medium.com/@StorifierCo/what-is-eos-49802749eb8f

[tal3sfromthecrypt]

The word scam is seriously overused. If there is a real team with a working product, then it's not a scam. A particular coin (like EOS) may be in a bubble due to the mechanics of the ICO, or simply overvalued, but that doesn't mean it's a scam.

[PROZSA]

People,

For now in a purely scientific point of view, the only thing that can be stated is that investing in EOS is highly risky due to a large number of factors that make it look like a scam.
Stating that "this is a scam" means that you have ways to prove the deceptive nature of the project, which none of you can as of this moment.

Investing in a project where nothing has been created yet is a choice. A project where the platform is not done yet is not necessarily a scam.
A 1 year ICO is a choice, with advantages and drawbacks. It does not make it a scam by nature.

Let us all be really scientific about our observations and state facts.

What if it doesn't turn out to be a scam? "Well it sure looked like it!!!"
What if it does turn out to be a scam? "Well, told you so !"

Not really the best wayto approach an analysis right?

[makulo123]

EOS is gonna keep their ICO for almost a year and you are complaing now, when it is only a start... There will be a price increase I believe... I bought at 1 USD and gonna hold... I hope they will not scam me 

[Raegorl]

The recent ICO fever is way out of control. It is like 10+ developers suddenly got 10M - 200M $ even without a working prototype.

Yea, there are a bunch of people just throwing money around hoping to catch the 'next big thing'. And this allows devs to raise tens of millions before even delivering anything... This probably won't last long though, once they start losing money this cycle will stop...

[nutildah]

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.

How did you collect your negative trust anyway? You've always been a beam of sunshine upon the community.

Oh, its largely from Maneuro shills. I would wear those like a badge of honor. It also looks like you had some beef with Vod.

[nutildah]

The recent ICO fever is way out of control. It is like 10+ developers suddenly got 10M - 200M $ even without a working prototype.

Yea, there are a bunch of people just throwing money around hoping to catch the 'next big thing'. And this allows devs to raise tens of millions before even delivering anything... This probably won't last long though, once they start losing money this cycle will stop...

What's nuts to me is how these ICOs keep churning and bringing in millions when most of them are based on a flawed platform (Ethereum is still pretty buggy). It's like the big money doesn't know, doesn't care, or plans on everybody else not knowing or caring.

[losoya]

ICO is now mostly detrimental to investors, they do not think about the fate of investors, but because bounty hunter is too insistent to immediately release his coins in the market, maybe EOS is still processing investors money and will release it after they get a profit with a high price, something like this is not necessarily Scam