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Author Topic: Wepower is shady, please share  (Read 240 times)
Informationispower (OP)
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January 27, 2018, 07:44:17 AM
 #1

Im worried about this project and here is why

https://medium.com/@EmiliaFin/warning-wepower-partnered-with-a-scam-company-d638beb74d3d

Please share so people know what they are investing in
Informationispower (OP)
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January 27, 2018, 09:20:05 AM
 #2

If you are thinking of investing in this project you should read this, i have no incentives in giving you this information, except not being a fan of bad actors.
UZIzzzz
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January 27, 2018, 09:39:15 AM
 #3

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.

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redblock
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January 27, 2018, 09:42:46 AM
 #4

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.
"Even if"? If you are legit, you don't partner with a scam company period. Just sell what you bought for a profit and watch it burn.
kryptokowalski
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January 27, 2018, 09:45:56 AM
 #5

This is a really good posting. I feel some of these ICO's you have to be leary of. Yes it does look like Wepower is legit, but it makes you question why they partner with scam companies.
Mohamme
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January 27, 2018, 09:47:07 AM
 #6

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.
"Even if"? If you are legit, you don't partner with a scam company period. Just sell what you bought for a profit and watch it burn.
But even a successful company might work with a fraudster, wouldn't it?
Wepower is just a new ICO project, and maybe there is a problem with the initial partner, but I don't think it will deny the project.

kryptokowalski
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January 27, 2018, 11:14:08 AM
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But even a successful company might work with a fraudster, wouldn't it?
Wepower is just a new ICO project, and maybe there is a problem with the initial partner, but I don't think it will deny the project.
[/quote]

Yeah thats a valid point, maybe some companies don't realize they are fraud. but ultimately you are guilty sometimes by association.
Informationispower (OP)
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January 27, 2018, 03:19:50 PM
 #8

Most of the articles on 220 energia are in Finnish, i would never have know it was a scam if i didint read about the company on a Finnish business news site.

220 energia has done some really shady things to its customers. If they were legit and had so much experience in this industry they would never partner with this company. I think the ico will probably be profitable because of the amount of followers, but i have a hard time seeing this succeed in the longterm. 

I really hate bad actors, and they are unfortunately flocking to crypto. I just want to share information others might not find.
efey39
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January 27, 2018, 09:59:36 PM
 #9

I've investigated this project enough. I decided and took.I think the advancing times will be very profitable. I absolutely believe.
zzHQzz
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January 27, 2018, 10:05:33 PM
 #10

Thought of it as a scam long time ago right after the company positioned as Lithuanian based, however was registered in Gibraltar. Since then there was only more hype for some strange reasons (marketing is a strong force i guess)

Also if you are really in for the green energy blockchain project - check out Powerledger (POWR) - great legit team, already a working product, guaranteed not a scam
99th
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January 27, 2018, 10:10:30 PM
 #11

I am worried that even though projects such as this may be scams, many are still willing to buy if the hype is high enough so they can still turn a profit off the scam. This is bad because it promotes scam ICOs and encourages companies to launch them and people to buy into them just to make a quick buck.
UZIzzzz
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January 28, 2018, 08:17:06 AM
 #12

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.
"Even if"? If you are legit, you don't partner with a scam company period. Just sell what you bought for a profit and watch it burn.
Thank you for reminding me, although there may be some problems.
But almost all of the ICO projects are likely to have some fraudulent behavior, and I will sell the token at the appropriate time. Grin

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Glomerulus22
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January 28, 2018, 08:28:29 AM
 #13

This is exactly the reason why is better to invest smaller amounts into multiple ICOs. And even if you make 100x profit of 1/5 ICOs, you are still ok.

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January 28, 2018, 08:40:11 AM
 #14

80-90% ico will become scum in the next 5 years. The only question can they make u rich or it will dye faster and burn you depo;) most of them are speculation and nothing more:)

daxkie
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January 28, 2018, 08:42:59 AM
 #15

220 energia is a fraud company, but it doesn't mean Wepower is a fraudulent project.
Wepower is hot enough that its Telegram group has a huge user base. Even if it's a scam, I think that when the bubble in the ICO market is so big, investing in Wepower can still be profitable.
But note that Wepower is not a hoax.


Yes that is correct may be only associated partners made a fraudulent but I really believe We power is a legit project and we felt now the crowd of the investors,developers and teams even in telegrams are so high because of a good impact of the project.
Sven37
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January 28, 2018, 08:46:13 AM
 #16

thanks for the information, i was thinking about joining this ICO, so maybe i need to have a deeper look at it and do some more research.

JohnMacZeppelin
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January 28, 2018, 08:47:33 AM
 #17

I do not think that this is so, but why do you think so? If you heard a comment that did not sound from officials, then of course it's a pity, but still you need to read only the officials and what they say, of course the opinions of smart people are also important, but you need to have your head
cryptogeek101
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January 28, 2018, 08:49:59 AM
 #18

If the information we have read about Wepower is something to come by then investors of the  company's ICO needs to be very wary. However someone needs to contact Wepower team to verify the authenticity of the information to be more convinced.

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Cubanlinx81
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January 28, 2018, 08:53:41 AM
 #19

I absolutely do not think that WePower is a shady company at all!! Actually, they have conducted an ico without relying on hype mechanisms which seem to be the norm these days which is troubling. Everything about the process of the ico has been very transparent which is why I can believe that someone would think that it is a shady project. Very surprised to hear this.
hiddenmist
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January 28, 2018, 09:00:49 AM
 #20

Im worried about this project and here is why

https://medium.com/@EmiliaFin/warning-wepower-partnered-with-a-scam-company-d638beb74d3d

Please share so people know what they are investing in
I haven't invest in WePower but I'm planing to invest in this soon. I believe it is hard tell if this is true or not because it is only one article and one side of the story. There could also a political issue on this matter and Media now a days cannot be trusted, they always add up a story just to make their news looks interesting.

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