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Author Topic: Stay Away of this scam Coin  (Read 857 times)
gabbie2010
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January 23, 2020, 05:16:54 AM
 #61

I think, only fools who want to invest their money to buy coins that have gone up to 600%, because it will only make a loss there. after the fish enter the net, "BOOM" and ends. The OP is smart enough to judge the market situation.
it purely a scam coin the OP did a good job by bringing it to the notice of this forum members for anybody that cares the sudden pump to 600% is very outrageous and considered to be a pump-and-dump coin this is a trap to scam or defraud unsuspecting investors or traders.

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January 23, 2020, 08:17:48 AM
 #62

thank you for the info, I have never heard of CVCC coins, but after seeing the facts you gave, I also agreed it is better to be careful, because most of the characteristics of a scam coin are buy and sell orders are very few, even though the price increase is 200 % to 500%.
Pump and dump coins,
And this is what we need to avoid in joining pump and dump groups and also investing in this shitcoins because our money will easly lose here,  especially when this coins start to dump.  Be careful always and analyzed the coins we want to buy first.
Being careful and not in a hurry in making decisions is an important thing to do, and for dump and pump coins sometimes the coin can give us the advantage if the coin is indeed a good coin and buy it when the dump is a right decision then sell it when pumping, but for now we know that some developers are manipulating the market to make investors interested in investing in the project.
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January 23, 2020, 08:49:01 AM
 #63

OK, thanks for the advice, and also I don't ever need to use the exchange, unless I have a number of tokens that have to be sold there and sell directly, I have traded there, and there is no problem, but that doesn't guarantee that the exchange is safe, and also coins that you mentioned because the increase is not natural.

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January 23, 2020, 09:11:37 AM
 #64

do not trust coins used on small exchanges at all

only those coins that fall on TOP exchanges can achieve something
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January 23, 2020, 09:24:16 AM
 #65

I think, only fools who want to invest their money to buy coins that have gone up to 600%, because it will only make a loss there. after the fish enter the net, "BOOM" and ends. The OP is smart enough to judge the market situation.
it purely a scam coin the OP did a good job by bringing it to the notice of this forum members for anybody that cares the sudden pump to 600% is very outrageous and considered to be a pump-and-dump coin this is a trap to scam or defraud unsuspecting investors or traders.
a high increase is sometimes indeed one of manipulation, by providing information in the forum then this information will be able to spread widely in other communities.

I think it needs to be raised into a string of accusations. so that forum officials can carry out further research and carry out handling in it.

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January 23, 2020, 10:17:09 AM
 #66

Crex24 has many coin that grown heavily in value but has a bad market liquidity, that even if you have the coin, you still can't sell, what is the use of having coins that grow in value but you can't sell? That is s technical scam to lure innocent investors.
Yes, obviously it will not be useful if we have coins that are listed in the Crex24 exchange, because basically everyone who has an automatic coin to be able to sell back on the exchange, well, if there are coins but we cannot sell, just the same scam means.
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January 23, 2020, 10:44:43 AM
 #67

Crex24 has many coin that grown heavily in value but has a bad market liquidity, that even if you have the coin, you still can't sell, what is the use of having coins that grow in value but you can't sell? That is s technical scam to lure innocent investors.
A lot of allegations at this exchange and it is best not to participate because the risk of losing money will be very high. I think it is not necessary to make a profit here because other exchanges have a higher trading volume and liquidity will be a lot better if you choose to invest. Personally, I would never use Crex24 but will occasionally follow some news at this exchange.






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January 23, 2020, 12:17:29 PM
 #68


Actually, that is not true. Give me $1k and I'll do this pump & dump without an issue. (don't give me $1k - I just hypothetically said that).
Thanks. That was a good read.
I know how this market works. I'm here for a very long time. What I have tried to say is before every altcoin season, the pump and dump was seen in a significant number. Hope it makes sense what I'm trying to point out here.
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January 23, 2020, 12:46:26 PM
 #69

do not trust coins used on small exchanges at all

only those coins that fall on TOP exchanges can achieve something
it's useless if the coins that are in the top exchange don't develop for the project, there are lots of big exchanges delisted some coins there, at the moment it's hard  to analyze them, you must always update on Twitter and Github to know the development of a project that you trust
Do you see the top coins from the crypto market don't have projects with good development? those at the top, of course, have a market that is supported by many people. that's because they have a development that is trusted by the community and the market.









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January 23, 2020, 12:56:14 PM
 #70

Thanks. That was a good read.
I know how this market works. I'm here for a very long time. What I have tried to say is before every altcoin season, the pump and dump was seen in a significant number. Hope it makes sense what I'm trying to point out here.
Yes, everything you show will not be in vain and will always make sense if it is in accordance with what was studied, meaning that it is not easy to guess market conditions, so obviously it really needs research and some information that can help others.

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January 23, 2020, 12:59:01 PM
 #71

As you can see this coin has risen 600%, the coin is only listed in Crex24 which is another home of scam coin. Don't invest your money on this sick scam coin. Check the image from Crex24 too. All the order is very small which are created only to pushing the price by DEV team or a group of people. Most coin listed in Crex24 are scam mostly. Stay away. Happy trading  Wink

By the way, this is a great signal of altcoin season. This is not a piece of financial advice.



Always make by developer when their coin listing on shit exchange market with higher more than 600%, you have look detail when investing with some coin because have potential to be scam with not have buying order with higher price, many time different between buy and sell order with some exchange market.

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January 23, 2020, 01:07:25 PM
Last edit: January 23, 2020, 01:26:20 PM by Mpamaegbu
 #72

I'm sure some people will still go on investing on it despite the early sign. Instead of allowing the coin to dump and die a natural death but they will invest to pump it. I once invested in such kind of coin and till today, I have regretted it.
What are these early signs? Don't tell me you've easily been bought over by the OP's senseless cry of wolf. He's mere bush talking without any substance of proof. I wish the Crex24 team can find him in person and sue the hell out of him for destroying their reputation. What does he mean by all the coins on that exchange being scam. I have an account with Crex24 and I do skeletal trading there. I haven't found any scam on them. Pumps aren't same as scam. Every exchange (including Binance) has a share of pumps and dumps too.

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kolonel_x
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January 23, 2020, 01:11:59 PM
 #73

The Crex24 exchange has become a place of disposal of coins or it could be manipulated by the price so that many people are attracted by it, even I have no confidence in this exchange let alone trading here.
CVCC prices are high but this low volume really doesn't make sense to me because they are playing with orders with a small amount of it.
you must be careful.

INVALID BBCODE: close of unopened tag in table (1)
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January 23, 2020, 01:13:33 PM
 #74

this is obviously the initial pump and may end up hype and eventually a big dump. because if we look at the volume, circulation supply and total supply, we can analyze that it still cannot be said of coins with high liquidity so that the pump that occurs is just hype. maybe the coin will drop soon.
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January 23, 2020, 01:15:45 PM
 #75

As you can see this coin has risen 600%, the coin is only listed in Crex24 which is another home of scam coin. Don't invest your money on this sick scam coin. Check the image from Crex24 too. All the order is very small which are created only to pushing the price by DEV team or a group of people. Most coin listed in Crex24 are scam mostly. Stay away. Happy trading  Wink

By the way, this is a great signal of altcoin season. This is not a piece of financial advice.


Just a usual day in the crypto space. Another one bites the dust.
ethereumhunter
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January 23, 2020, 01:17:17 PM
 #76

I am not surprised to see how big the percentage for that coin because we will be going to see another coin that will increase like that. That is because of a pump and dump from some group that wants their coin to increase in a short time so they can make people panic and make an instant buying on the market. That is why we need to find the coin in the market. And stay away from the bad coin because we will not make a profit from that coin. I don't know if the crex24 is a place for the scam coins, but if that is true, I think we don't need to trade on that site.

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January 23, 2020, 01:19:26 PM
 #77

Crex24 is a lousy exchange, it would be foolish if someone bought altcoin here and hold. I tried using this exchange in early 2018 and I left it immediately, this exchange didn't have any volume so the pumps were completely fake and it fooled investors. And the project you have listed is also a useless and bullshit project in this market. Hope everyone will stay away from this exchange and altcoin
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January 23, 2020, 01:33:09 PM
 #78

I'm sure people will do twice as much research before investing in a coin that already passes 600% in less than a few days.
The price yesterday was $3 or around and within 24 hours, it has increased $6 when I gave the last update. Price has now been $7 which seems the pump group was able to attract some newbie. They gonna lose for sure.

I noticed that the "Pump" scheme that was created was almost the same as the average coin that had been scam/no price at all..  captivated newbies will definitely regret it if the fake "Pump" ends.

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January 23, 2020, 02:12:21 PM
 #79

I am not familiar with these coins and I think it's better to invest in coins that already have a large market cap. Nowadays many coins or tokens are pump and dump and I think we must be vigilant
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January 23, 2020, 02:44:04 PM
 #80

There's a lot of coins/tokens out there that we don't need to consume our time, that we need to stay aware from it, I have learned so much from the past and I won't believe every word from CEO/founder now unless they have really working product and that they are doing their best for the development and not they just bought the platform from other people.

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