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Author Topic: Beware of loin share -newbies-  (Read 356 times)
BIT-BENDER (OP)
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July 22, 2020, 08:21:57 AM
 #1

I made a post about FORSAGE smart contract previously https://bitcointalk.org/index.php?topic=5257989.msg54680733#msg54680733 how this Ponzi scheme has been a hot and selling scheme, after a while it seems to have cooled down in my country and I know newbies I had warned about it coming to give me sad testimony about it, some will be stubborn and now the new one is
Lion share this is very similar with FORSAGE just with a different name LOIN SHARE. If good we want to make use of the lockdown due to covid-19 for the best and come out financially better, but it we should not lose money because of desperation in this lockdown period.

Newbies and everyone be careful with this

This is LION SHARE and they claim to be a smart contract that help you get ethereum by registering with ethereum, and the funny thing is newbie -gullible ones- has already started getting in.

I was checking their article and saw there crazy expectations of ethereum in days, -newbies- ETHEREUM DOES NOT GROW LIKE THAT. And investment that hides the truth from you is fake -growth and drop- are what can happen to any crypto-coin. And there is nothing like adding you into a group in cryptocurrency, not only are some -gullible ones- part of them but they share this foolishness to others.
Newbies beware of this types/kinds
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July 22, 2020, 08:36:05 AM
 #2

100% Decentralized through Blockchain What a Joke!

I assume this is another pyramid scheme where you register yourself by depositing Ethereum and then you get a share when others join.

All crypto based Pyramid schems are scams, so stay away

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July 22, 2020, 09:11:30 AM
 #3

All crypto based Pyramid schems are scams, so stay away
Fiat pyramid schemes are no longer popular, before cryptocurrencies began to be used in pyramid schemes, the scammers used fiat, and now it looks like people are already acquainted with the scam. Now they use cryptocurrencies cause it's popular and many people understand it to be a fast money scheme, the scammers then decorate it with the smart contact bs to confuse newbies, what people do not understand is nothing changed, it's still the same thing, just a different form of money used to scam them.

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July 22, 2020, 01:14:04 PM
 #4

What funny is the lifetime earning. That's a stupid thing to use for a tag line. As if there is no chance ethereum could go down near zero value. This might be another product of forsage that tends to start soon. Maybe investors that earned a lot from forsage or the team itself will jump into this next one if their forsage soon face bankruptcy. I have a feeling they are one company this will be their next jump off once fordage is dead already.

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July 22, 2020, 04:44:11 PM
Last edit: July 22, 2020, 04:59:10 PM by BIT-BENDER
 #5

What funny is the lifetime earning. That's a stupid thing to use for a tag line.
Ever heard
+ Turn $1 to 100,000
+ Double/triple your investment while you sleep.
This is funny but what's even funnier is -gullible one- can tumble over for this cheap/funny thing, reason we educate/teach, or explain scam in crypto-coin to those newbies
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July 23, 2020, 04:32:52 AM
 #6

Those first people who join this scheme will not be a victim they are professional hunters of  many ponzi scheme and  they are always looking for a new ways to earn money by a referral option .

The problem I see here is the persons who will be invited by those greedy persons. if you don't have any background in crypto currency and how this things work it is easy for you to believe  by just giving  you a payment proof. We are in pandemic now and I think they will use this scheme as advantage because many people is looking for a way to earn money and that's not a good way to earn it.

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July 23, 2020, 04:56:20 PM
 #7

Greed is one of the fastest way to loose it all, and that is what is pushing people to join this ponzi schemes, they wouldn't learn from what mmm has done to them, lots of new Comer on forsage are stucked, no new participants joining, and here comes lion sage again, all ponzi have the same stories, only the early birds cash out

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July 23, 2020, 05:24:06 PM
 #8

Greed is one of the fastest way to loose it all, and that is what is pushing people to join this ponzi schemes, they wouldn't learn from what mmm has done to them, lots of new Comer on forsage are stucked, no new participants joining, and here comes lion sage again, all ponzi have the same stories, only the early birds cash out

Many people are in a hurry to join and form a team so they can be the early birds of this Ponzi scheme and we all know the earlier you get in, the better chance for you to make huge money and since they are starting out I'm sure many here want to be the early birds I feel sorry for those latecomers, they are the one likely to lose

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July 23, 2020, 08:13:05 PM
 #9


Do people still believe in trash like that? Those who do must be stupid.
Unfortunately people still fall for scams like that,and what's even worse, they still fall for those ridiculous BTC doublers that are most obvious and worst kind of scams, especially when it's held by one of those hacked YouTube accounts.
But all this is not specific just for crypto, it's not any better in numerous standard pyramid/mlm schemes. You know how they say, "there's sucker born every minute" and scammers are aware of that fact.



@OP you might have a typo in your title, you wrote "loin" instead of "lion".

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July 23, 2020, 08:30:20 PM
 #10

You know how they say, "there's sucker born every minute" and scammers are aware of that fact.

unfortunately, this is true, and it will stay true, world will not become a better place
i am rather question myself, is this scam accusation even a good thing, since some of those people would think that you took your share, and now you are trying to disallow others to get their, had those kind of experiences with some people and i am usually skipping to explain someone that this or that is a scam

just let them try for themself, and they will see is it a scam or not
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July 23, 2020, 09:08:00 PM
 #11

A promise of a lifetime earnings is just there to deceive the gullible ones. Nothing like lifetime earning, failed ponzis and pyramid schemes also made fake promises like this one.

I'm not suprise people still fall for this one, it's easy this days to trick some people by just flaunting wealth on social media or editing a picture. They forgot that they are just early that are also looking to earn commissions from their investments
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July 24, 2020, 05:29:10 AM
 #12


Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
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July 24, 2020, 05:42:10 AM
 #13

Greed is one of the fastest way to loose it all, and that is what is pushing people to join this ponzi schemes, they wouldn't learn from what mmm has done to them, lots of new Comer on forsage are stucked, no new participants joining, and here comes lion sage again, all ponzi have the same stories, only the early birds cash out

Many people are in a hurry to join and form a team so they can be the early birds of this Ponzi scheme and we all know the earlier you get in, the better chance for you to make huge money and since they are starting out I'm sure many here want to be the early birds I feel sorry for those latecomers, they are the one likely to lose
It's a recycled ponzi scheme, they already have a cacus where they choose to be the first person on the matrix, those are the top admin who always boast of cashing out, but ask them how many of their downlines had cash out they won't be able to provide info, after securing the top then they start their marketing to the public, once they cash out, the system stop flowing, just like million money also

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July 24, 2020, 05:43:59 AM
 #14


Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
Best explanation between a Ponzi scheme and investing in the market, I'm afraid that many people will fall for this project, because they have a lot of good marketers who are involved here and they can twist the truth about the smart contract thing, some marketers even claimed that it's impossible to lose here because it is written in smart contract verified and cannot be edited.
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July 24, 2020, 05:49:44 AM
 #15

That keyword.

"You will never miss a commission."


Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!

This is fact especially for those people that still believes in Forsage. They should see how Forsage's scheme is exactly a pyramid.

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July 24, 2020, 06:01:34 AM
 #16


Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
Best explanation between a Ponzi scheme and investing in the market, I'm afraid that many people will fall for this project, because they have a lot of good marketers who are involved here and they can twist the truth about the smart contract thing, some marketers even claimed that it's impossible to lose here because it is written in smart contract verified and cannot be edited.
The image explains the difference between Vitalik Buterin's ethereum and their whatever/whoever owns it ethereum. On their group the give picture image of ethereum price -it can be in covert of the local currency- and they claim that what they have made only newbie that knows not even a grain of wheat, will not understand. They are milking/earning off on cryptocurrency.
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July 24, 2020, 01:46:10 PM
 #17


Source: https://www.facebook.com/shankeeTV/photos/a.151978413165502/151978599832150/

Finally found some legitimate explanation with regards to Ethereum investments LOL!
Now that these developers have found a way to create an MLM and Ponzi scheme soon we will soon see many Ponzi scheme and MLM in smart contracts soon all HYIP and Ponzi scheme will be in a smart contract and not on software script created with back doors these developers can now claim that it's safe and can go on for a long term.
We have a new era of smart contract Ponzi scheme.

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July 24, 2020, 02:05:43 PM
 #18

On their group the give picture image of ethereum price -it can be in covert of the local currency- and they claim that what they have made only newbie that knows not even a grain of wheat, will not understand. They are milking/earning off on cryptocurrency.
That's what you called strategy, they sharing off different ways on how they could attract members just to join. Typical mlm, its same like with traditional networking posting cars that they does not own at all and saying its from their earning through that business.

This time they involved crypto in the process and even stating they can gain 100k my God, Vitalik must be frighten already with this propaganda.

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July 24, 2020, 06:23:44 PM
 #19

I made a post about FORSAGE smart contract previously https://bitcointalk.org/index.php?topic=5257989.msg54680733#msg54680733 how this Ponzi scheme has been a hot and selling scheme, after a while it seems to have cooled down in my country and I know newbies I had warned about it coming to give me sad testimony about it, some will be stubborn and now the new one is
Lion share this is very similar with FORSAGE just with a different name LOIN SHARE. If good we want to make use of the lockdown due to covid-19 for the best and come out financially better, but it we should not lose money because of desperation in this lockdown period.

Newbies and everyone be careful with this

This is LION SHARE and they claim to be a smart contract that help you get ethereum by registering with ethereum, and the funny thing is newbie -gullible ones- has already started getting in.

I was checking their article and saw there crazy expectations of ethereum in days, -newbies- ETHEREUM DOES NOT GROW LIKE THAT. And investment that hides the truth from you is fake -growth and drop- are what can happen to any crypto-coin. And there is nothing like adding you into a group in cryptocurrency, not only are some -gullible ones- part of them but they share this foolishness to others.
Newbies beware of this types/kinds

Someone try to introduce this to me on my WhatsApp since am not aware of all this type of investment or let's say I don't welcome all this. I just shake my head and say not interested to such. I didn't even go further to ask for how it works I just love my instincts.

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July 25, 2020, 06:20:11 PM
 #20

The person that tried to introduce you to loin share has one thing in mind
+Get more referral and get paid
Desperation is what they have is not that they have your interest, you are here and you are more intellectual positioned on crytocurrency than they are, don't fall for loin share, FORSAGE or ethereum million.
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