Another scam project please stop scamming

[Kotone]

I advise you to transfer this topic to another thread related to cases of scam.

As you know, this exchange uses bots to boost volumes, so I don’t see anything special in that in just 12 hours the volumes increased so significantly.
By the way, I also don’t understand what motivates people to invest in such garbage.

It cant be accused of scam and not really proven yet. The exchange are the one with the bots and we cant say for sure if collaboration for manipulation has been proven done here. If the price went down nothing we can do for that as that is the market terms and depends on the trader I think OP is just disaapointed with the huge down. Anyway volumes arent real and no real demand surely this will die off.,

[1715317191]

1715317191

[1715317191]

1715317191

[maxig.boroday]

my friend almost invested on this one told him it looks like a scam .

[Btc_1856]

Thanks for the vital information.  Many scam projects are just outside there, they didn't just begin today, we must be extra careful in order not to fall in the hand of scammers.  At least if we watch well, there will be one or two things pointing at their scam schemes.

In the beginning, every IEO or ICO, it is impossible to find their potential activity, we can able to find out their credibility after listing in the exchanges. That's why many people are losing their money by choosing the wrong IEO for investments. Myself lost of money through IEO.

[TravelMug]

Not the first time that I have seen this kind of maneuver, I've seen projects who raised so much money and highly anticipated to be listed on an exchange, but once it is listed, the price goes down way below it's ICO price and up to now the price hasn't recovered  yet.

So this won't stop unless people are not going to invest on scam projects. But the problem is, many people are too gullible, and believed everything that the ICO or the project has promised.

[jessyj48]

Let's be more careful where we invest our hard earned money, Some projects don't deserved to be released in the first place, they have other aims and all they have to offer is fake promises to attract investors

[FaithInCrypto]

my friend almost invested on this one told him it looks like a scam .

You guided your friend well.

Investors must be very vigilant in investing their hard earned money so they won't have to cry over spilled milk if the value gets down, the worst would be it won't be able to hit any exchange market. If it doesn't get listed to any exchange after a few months, it is considered a dead coin with no value at all.

[minairia3]

Only noob will got caught in this type of scam. Its not the firt time manipulation has been seen on exchanges especially with the new projects that lack good concept and potential. If you woulf use mercatox, this is common practice, I didnt know probit also patronizing method like this. There shouldnt be any market maker option on every exchange since it could only boost fake volumes such as this. They break the natural trading process where people got lured and loses their money for such joining thus hype cult.

[LogitechMouse]

1. Husl IEO price was 0.000008 But Never list at that price but it went to 0.000001
in just one month.


now you will tell me they will be dump by airdropers or bounty hunter no you are wrong they never gave husl to any airdroper and bounty members.

Nothing new TBH as most of the altcoins are doing this especially when they are listing it on a new exchange. Yes many are blaming bounty hunters but the truth is they are really dumping. The problem here is that the developers and some of the inside investors are selling the tokens immediately to gain profit making the price of token to go down that hard and bounty hunters and some of the investors doesn't have the time to sell it at a high price because as soon as it gets listed, before you will see it the price will just go down immediately.

2. ~
I am not writing this because i have not received any bounty or airdrop coin I am investor in this project and till now i have loss almost all my money which i have put in this project.

Investing has risks and this is one of them. As an investor, you must face the risk on it.

3. This Is the most important point they do manipulation on exchange , they are running bot in trading This All upset me and i lose hope to recover my fund . When i tell the admin of the project they increase price after i told them and they ignore every time. Proof Of Manipulation in their coin in just one day.

I saw the exchange and have read some of the posts here by other users and they say that it is a scammy exchange so...
Things like this is already common to new projects and this will continue as long as there are investors who are willing to invest in their shitty projects. Scam will be gone if you don't invest on new projects. It would be better if you just invest on old coins right now since they are already established and trusted.

[Ken_terrance]

The plan of the team from the beginning is to dumb on investors that's why they don't plan to release tokens to bounty hunters, the team knew that bounty hunters will dump if they pay

[Goodvalony]

i have said it several time here to stop wasting your time on projects that keeps posting tokens payments telling hunters that payment is SOON. Such payment is not coming and will never come. if you get paid, the value is worthless. that is the trend. you should have learn this long time ago that this space is been feasted with scammers. be careful with what you do with your time.

[tvplus006]

The plan of the team from the beginning is to dumb on investors that's why they don't plan to release tokens to bounty hunters, the team knew that bounty hunters will dump if they pay

Bounty hunters are usually paid an amount of 1-3 % of the collected funds. And even if all bounty hunters sell their tokens at the same time, they will not be able to affect the price change so much. Investors are also not interested in selling their tokens for less than they purchased them. This means that tokens are sold by the project team, which received tokens for free, and tokens that were not implemented during the ICO process.

[Freddy11]

Scams are obvious and there is just no way to avoid or get rid of it. So we need to be brave enough to handle all this to benefit. I find all this easier with not pushing for random projects instead only going for the quality ones.

[criket]

i have said it several time here to stop wasting your time on projects that keeps posting tokens payments telling hunters that payment is SOON. Such payment is not coming and will never come. if you get paid, the value is worthless. that is the trend. you should have learn this long time ago that this space is been feasted with scammers. be careful with what you do with your time.

then why are you still following a bounty campaign? Don't all projects now also have the potential to scam? if you do not have confidence in the project that you are participating in, you better get out of the bounty campaign because it will be in vain. After all, you will not necessarily be paid too.
until now I only think positively for all the projects that I follow. the problem is paid or not I consider it a bonus. because I'm already more focused on daily trading.

[imstillthebest]

I don't think its scam because you said the  coin do still have a value and its listed  . for me scam means if the coins isn't listed at all or no value  but that coin can be classified as a pump and dump because you said the manipulation happens so fast   .

 and your begging for them to stop  ? there is no way that they will listen to you nor to us because this is the only way that they think they can earn fast and huge income . its not right but its up to them , the karma will only happen at some point of their lives  .

[Wintersoldier]

To be honest, we can't literally stop scams or other illegal activities here in the crypto space because as long there are people that they can victim they surely will not stop and will continue to trick other people, that is why we should be careful on the things that we see in the internet and we should not get easily fooled by these kind of people.

[gundala]

I don't think its scam because you said the  coin do still have a value and its listed  . for me scam means if the coins isn't listed at all or no value  but that coin can be classified as a pump and dump because you said the manipulation happens so fast--

The meaning of the scam is very ambiguous lately. I don't know, I'm sometimes surprised, this is a bit out of topic. I really want to discuss it, some new bounty hunters who are uneducated are very easy to say scam when a dump occurs, or when they don't get a reward according to expectations, even though the coins or tokens are tradable, it's childish- I think. It seems like the OP is doing the same thing.

Come on, be wiser and more selective in dealing with unfavorable circumstances, don't easily blame another party for expectations that are not reached.

[mdzahed134]

ProBit is now another shit exchange, boycott this scammy exchange's all IEO! I have been spreading awareness about Latoken, P2PB2B, Shortex and so on exchanges! Now I will add the ProBit exchange in that list. HUSL project looked wasn't good enough, DEXA coin was the same. After listed on ProBit exchange, the price was dumped by 150%! I don't know this project scam or not, but ProBit is helping them with the bot fake volume, and HUSL has no investor!

For a several projects failed i don’t think this moment is coming we called ProBit is a shit exchange. CurioInvest project listed in these exchange even though Curio IEO's got succeed in the exchange. Although these exchange liquidity not enough so that here a lot of wash trading. Dexa project was worst, Their core team's is looking strong but i think it’s failed to less progress.                      

[Destroyeroff98]

Not the first time that I have seen this kind of maneuver, I've seen projects who raised so much money and highly anticipated to be listed on an exchange, but once it is listed, the price goes down way below it's ICO price and up to now the price hasn't recovered  yet.

So this won't stop unless people are not going to invest on scam projects. But the problem is, many people are too gullible, and believed everything that the ICO or the project has promised.

If the participants in the bounty campaigns did not sell the currency immediately after receipt. That such a sharp fall in the rate would not be.

[Ashong Salonga]

This is the reason why we do really need to do further research about a certain project we wish to get engage with before getting into it. Once you have done doing the research and have already gathered all the necessary and needed information about that, then that is the time you will decide to get into investment in which you must be mindful to invest only the amount you can do afford to loose because if you will put up a great amount into such project, then you can literally expect to experience great loss. If you really wish to engage into a certain project and you are not really sure about it, then better participate on it as a bounty hunter because as the project run, you can do further observation about it. It is now hard to distinguish a scam and legible project nowadays and it will be bad to accuse a project because of its low performance. Maybe there is another reason than is needed to be considered before coming up into such conclusions.

[sana54210]

Scam projects will never end, there is no way we can stop it. First of all there are too many people who fall for it, and considering not many people live in the bigger first world countries, we can say that even making 100 dollars from this is still a good amount for people. Hell, I have seen a guy who posted his ethereum address (the Elon Musk or whatever thingy) to probably a million place, he was doing that as full time but the dude was making over 100 bucks a day in dollars and that is HUGE amount of money for many people who live in poorer nations.

Scamming is basically a way of living for some people because there are a lot of people who are out to get scammed. I am not upset that scamming exists, I am upset that scamming hurts poor people because many scammed ones are not really that rich, I wish scammers scammed the billionaires, now THAT would be great.