KennyR (OP)
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August 08, 2022, 08:14:29 PM |
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My home is located in a rural region. Slowly the word about cryptocurrencies have reached my region. Recently one brother asked me, whether there is a coin named bittron. I said I don't know and what for he's enquiring. He said name specific person from my region and he's supporting people to invest in that coin and given good profit to the buyers. I said I don't know, I'll look for it and give you the answer. I tried and found nothing. Did any of you heard about it, and in my view it is going to be a scam soon.
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Doell
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Do you mean this https://www.bittron.org/ ? if yes, better tell your friends check the roadmap, seems like a dangerous project. And better stay away I suspect the project has been abandoned by owner. The Bittron’s vision for future drives towards closing the year with an ecosystem completely enabled for online community users. Bittron will be listed the following exchanges soon. The listing process started and will be executed before 31 December 2021. There is no data listed about this token on any exchange and even then it has passed, whereas on they web already listed on many exchanges, that's a joke.
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Yogee
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The Bittron’s vision for future drives towards closing the year with an ecosystem completely enabled for online community users. Bittron will be listed the following exchanges soon. The listing process started and will be executed before 31 December 2021. There is no data listed about this token on any exchange and even then it has passed, whereas on they web already listed on many exchanges, that's a joke. They didn't say it's listed but using top exchanges for future listings to hype the project is still a red flag. It's a strategy commonly implemented by low quality projects. ......He said name specific person from my region and he's supporting people to invest in that coin and given good profit to the buyers.
This sounds like one of those scam projects that promises guaranteed profits without doing anything other "invest" their money. Just tell him to stay clear of this and educate about established projects.
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KennyR (OP)
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August 08, 2022, 11:16:40 PM |
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Thank you guys. In my region they're doing it something similar to MLM. I'll inform him, and rest is his interest. Because, I just checked coinmarketcap and explained him. He doesn't have even the basic knowledge about cryptocurrency, just because someone have said he planned for the investment.
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cryptoaddictchie
Legendary
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Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
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August 09, 2022, 06:26:29 AM |
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Never heard about it but checking the sites its quite not a good one for me. You cal tell that in terms of design and website itself.
Also a project that announcing or even advertising a listing on top market is totally shady and a red flag. Cause project would never tell unless the exchange itself announced that they list it. Otherwise you are dealing with a potential scam project.
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livingfree
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August 09, 2022, 10:09:57 AM |
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My home is located in a rural region. Slowly the word about cryptocurrencies have reached my region. Recently one brother asked me, whether there is a coin named bittron. I said I don't know and what for he's enquiring. He said name specific person from my region and he's supporting people to invest in that coin and given good profit to the buyers. I said I don't know, I'll look for it and give you the answer. I tried and found nothing. Did any of you heard about it, and in my view it is going to be a scam soon.
Maybe it's actually bitcoin and he just mishear the actual name. Well, if this is an actual token, I have never heard of it as well and just give a warning to your brother that don't invest to tokens that you don't know. It is one reason why many investors are being f*cked because of their decision of doing investments to the projects that they know. It's better for him to listen to you and just don't invest to sort of tokens like that.
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hugeblack
Legendary
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Activity: 2702
Merit: 3994
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August 09, 2022, 01:03:12 PM |
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Unless your friend is well-versed in investing, stocks, and cryptocurrencies, any cryptocurrency that don't get accurate and detailed information about with a small Google search is not worth betting on. So tell your friend to invest in bitcoin after a preliminary study on bitcoin, investment and risk management.
Checking developers and other things requires experience and is not a sufficient guarantee of profit.
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KennyR (OP)
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August 10, 2022, 11:51:25 PM |
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The friend who asked me help have already invested and now he had seeked help to sell the tokens. He's really pity, because someone have suggested him that your investment will turn atleast 8X and he have invested $1625. He showed me his wallet where it has $10 worth tokens. Now the person whom made him invest isn't picking the call. I came to know through him that many known people of mine have got trapped. The person have convinced them saying that the software is under development and once things get solved you'll get your profits. Here I see lack of education making people loss hard earned money.
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AmoreJaz
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Activity: 3290
Merit: 1104
Leading Crypto Sports Betting & Casino Platform
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August 10, 2022, 11:59:59 PM |
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The friend who asked me help have already invested and now he had seeked help to sell the tokens. He's really pity, because someone have suggested him that your investment will turn atleast 8X and he have invested $1625. He showed me his wallet where it has $10 worth tokens. Now the person whom made him invest isn't picking the call. I came to know through him that many known people of mine have got trapped. The person have convinced them saying that the software is under development and once things get solved you'll get your profits. Here I see lack of education making people loss hard earned money.
this is the dilemma of investing in a never-heard coin. it is always better to search for the project and not rely on someone else's endorsements. because they can promise all they want, but if they can't produce anything, that's useless. most people are taking the bait because of the promise of the high turn around of their investments. but that just it, only promises. it will be their expensive lesson here. so hopefully, next time around they will do their due diligence before investing in the next coin.
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KennyR (OP)
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August 14, 2022, 01:53:17 AM |
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Below are the screenshots send by my friend. This is completely a misleading. Going through the last screenshot it is seen that the withdrawal request is mentioned with Bitcoin address. It is always good to stay away from these kind of cryptocurrencies. Proper education is a must to make people don't fall for such scam projects. The latest information I got through him, that the person who introduced said he'll buy it back for 2x of what he spend.
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samuraijin
Sr. Member
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Activity: 1834
Merit: 261
Vave.com - Crypto Casino
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August 14, 2022, 01:40:13 PM |
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My home is located in a rural region. Slowly the word about cryptocurrencies have reached my region. Recently one brother asked me, whether there is a coin named bittron. I said I don't know and what for he's enquiring. He said name specific person from my region and he's supporting people to invest in that coin and given good profit to the buyers. I said I don't know, I'll look for it and give you the answer. I tried and found nothing. Did any of you heard about it, and in my view it is going to be a scam soon.
I also just heard the name, and I'm curious to try to find out about Bittron, when I appear like this, https://www.bittron.org/ maybe someone here has seen and has seen this site, I just saw it and curious about your words..
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fortunecrypto
Legendary
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Activity: 2562
Merit: 1048
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August 14, 2022, 01:57:29 PM |
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Thank you guys. In my region they're doing it something similar to MLM. I'll inform him, and rest is his interest. Because, I just checked coinmarketcap and explained him. He doesn't have even the basic knowledge about cryptocurrency, just because someone have said he planned for the investment.
Then enlighten him about the many risks of investing in Cryptocurrency, people should never invest because a friend told them to do so or a friend is making a lot from a particular project, when it comes to investing every one is on their own, because we are very much different from one another, there are investors who can or love to take the risk and there are investors who know when to buy and when to dump, you can start by telling your friend to only invest what he can afford to lose.
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