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Author Topic: Is POW token a scam?  (Read 7984 times)
alian17
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October 22, 2017, 03:55:54 PM
 #41

I don't think it's a scam. You have to understand that. The coin dropped and didn't raise money or ICO. Why is it a hoax? Maybe developers, they're a little selfish. They don't want to send out so many coins. They want to make money, too. SO. There is a tolerant attitude towards such airdrop.

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brightfame
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October 23, 2017, 08:18:34 PM
 #42

It is an airdrop so how can it be a scam? There is no way to guarantee the price of a coin won’t drop. In any case, altcoins are in red, perhaps you want to wait to see whether the price increase.

thats my thinking

airdrops are worth something only when there is a liquidity / buyer

I see they are listed on etherdelta, this could possible get somewhere, just time will say!
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October 23, 2017, 08:34:48 PM
 #43

we cannot say it's scam because they don't ask anything from people!

it's a free airdrop so it's free money and you will loose nothing!
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October 25, 2017, 12:12:10 AM
 #44

I think we need to wait, they are planning for other social media platforms to be added in POW airdrops and as we all know almost all people are using the Social Media every hour of the day, so this POW really makes sense and has potential.
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October 25, 2017, 12:15:46 AM
 #45

It is an airdrop so how can it be a scam? There is no way to guarantee the price of a coin won’t drop. In any case, altcoins are in red, perhaps you want to wait to see whether the price increase.

thats my thinking

airdrops are worth something only when there is a liquidity / buyer

I see they are listed on etherdelta, this could possible get somewhere, just time will say!

Everyone can get listed at etherdelta, it's not like there are any requirements you just need a contract address.
kabukabu
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October 27, 2017, 03:19:14 PM
 #46

I dont know if this token will be scam,but they never tell me what the exchange rate between POW lite and POW.
I'm not up for this project.
marados
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October 27, 2017, 03:48:18 PM
 #47

Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?

Meh what to say, dont know why price is changing all the time whilst they are not even tradeable yet. Also the ones that we could get on their site is POW Lite with which you can trade with your friends on FB, and in future you MIGHT be able to swap it for "real" POW tokens that will be tradeable.

For now, I'm just holding them, cause tbh you can't do anything with it. Only time will tell if they will become tradeable like they said.

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rudox
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October 27, 2017, 04:00:09 PM
 #48

I don't know if this is a scam coin or not but what I do know is that prices for tokens, coins even Bitcoin fluctuate. So the fact that the price has dropped is not enough evidence that a token is a scam. I say do your due diligence.


There is no need to label POW as scam till December 1st 2017 when it is due for payout. The drop in the value of your POW balance can be explained in that as more people joined and take their own share then the value will definitely drop. What you have now may not  be your final share it may still be lower. so bear that in mind. 
senseimaiku
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October 27, 2017, 04:07:18 PM
 #49

its hard to tell if POW is a scam or not. First they let us get POW Lite token thru Facebook and retweeting in Twitter. Let's just wait what will happen next until December.
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October 27, 2017, 04:11:41 PM
 #50

Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
since you get it free why should worry about scam or not ? is the coin held ICO too ? if only airdrop and even no market or price get dropped, because you get it free just hold it, you not lose anything

JesusCryptos
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October 29, 2017, 11:25:57 PM
 #51

its hard to tell if POW is a scam or not. First they let us get POW Lite token thru Facebook and retweeting in Twitter. Let's just wait what will happen next until December.

It is not hard at all to tell if POW is a scam or not - did you pay to get it? No. This means it is not a scam.

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kumiskura
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October 31, 2017, 07:12:24 PM
 #52

guys do not you think something wrong happened with your facebook ?
what i mean is my facebook changed its email,and i used that facebook to claim the token.
so anybody here have an issue like me ?
i do not think i ever used my facebook out there and only use it to claim the POW.
it's not scam but more likely they're trying to collect our facebook.
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November 02, 2017, 04:12:08 AM
 #53

This Airdrop is the same way with Stellar Lumens (XLM) at the beginning. Anyway, you did not lost money or anything, can't call it a scam  Wink

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November 02, 2017, 04:15:51 AM
 #54

it is not a scam. you will able to convert your your platform tokens to ERC20 token in jan 2018 and can trade them
nelsmining
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November 02, 2017, 04:29:24 AM
 #55

I do not know if its a scam but I am pretty sure based on the numbers this coin will be worthless soon.
rexter
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November 02, 2017, 04:39:29 AM
 #56

POW ERC20 is an Ethereum Blockchain asset or "token" Ethereum is the second largest cryptocurrency on the planet.Ethereum is slightly different to Bitcoin in that it is designed to allow 3rd parties (such as POW) to create 'Tokens' which piggyback on the Ethereum Blockchain.
gidaahmad
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November 02, 2017, 04:49:18 AM
 #57

We still do not know the truth until December. Because I found this on the PowToken website:
"CAN I SELL POW 'LITE' FOR CASH?
Not yet. But our plan is to build a 'bridge' between POW 'lite' and POW ERC20 by December 2017. This bridge will allow you to transfer your POW 'lite' to the Ethereum Blockchain where it will becom POW ERC20. You will then be free to sell your POW ERC20 for cash. So, in the long term, the answer to your question is yes."
So I guess there is hope.
Blockheadz
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November 02, 2017, 04:51:24 AM
 #58

As I understand it powtoken is onsale on etherdelta already, eventually there will be a signup for reddit, twitter, and bitcointalk users, and also a bridge between the coins on the social media sites and an exchange so you can sell your tokens. All in the future.
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November 02, 2017, 08:09:54 AM
 #59

Not found an address to sent coin
Vishnu.Reang
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November 02, 2017, 08:17:37 AM
 #60

Well pow token links through Facebook and currently they are paying for referrals. Circling back to your question as to whether this is a scam, we can only tell this in December or whenever they open up for trading. I have around 750k pow tokens which I hope is of some use but as of now I don’t think it’s a scam. Wait and watch brother! We are all in this together!
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