Bitcoin Forum
September 24, 2018, 01:01:40 AM *
News: ♦♦ New info! Bitcoin Core users absolutely must upgrade to previously-announced 0.16.3 [Torrent]. All Bitcoin users should temporarily trust confirmations slightly less. More info.
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: zoukcoin (scam) pyramid lending scheme  (Read 33 times)
Jr. Member
Offline Offline

Activity: 40
Merit: 1

View Profile
January 30, 2018, 05:24:51 PM

I'm following a lot of projects but there are some that I do not understand them, I'm new in this domain and I hope to learn from the best, why zoukcoin official thread was close? I understand is a pyramid scheme but why they close the official thread?
I made this topic special for the newbies like me, stay away newbies from these games that only bring profit to the man who manages them.

Hero Member
Offline Offline

Posts: 1537750900

View Profile Personal Message (Offline)

Reply with quote  #2

Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Offline Offline

Activity: 100
Merit: 0

View Profile
March 11, 2018, 05:36:06 AM

Everyone should be prudent about lending platforms.  I trust none of them
Offline Offline

Activity: 182
Merit: 11

View Profile
March 23, 2018, 12:27:49 AM

Here were the red flags identified by the ConcourseQ community for the Zoukcoin ICO:

• Business Paper makes statements that are frequently made in Ponzi/Lending Scheme: "Lend Zouk Coins (ZUK) and earn up to 47% ROI per month" , "Your journey to financial freedom"
• The earnings model is not clear and refers to earnings from lending or "purchasing Zouk Coins with BTC to leverage the profitability of our volatility software and artificial intelligence trading bots"
• Peer referrals return bonuses of 7%, a classic Ponzi scheme technique
• "Zouk Faucet - get Zouk Coins for free" - Nothing is ever free
• Tokens are sold through BTC but priced in USD
• Token prices more than quadruple during ICO

Read the full due diligence here:
Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!