[PRE-ANN] ↑ Up Coin ↑ Always going up! Ever changing algorithm ↑ JOIN HERE!

[illiki23]

I cannot believe people are actually interested and supposedly giving these people money.



It is clearly a scam.  The number of red flags is very high.  Too high..

Please think twice before giving these people money.

Unfortunately a lot of scams prey on greed and tell people that the sooner the more money they will make, so people are rushed into joining these scams without being able to think critically about them.

[illiki23]

IN other words, you change the difficulty and payout based on the current market price?

I actually had an idea for an adaptive coin that used machine learning algorithms to optimize certain parameters and lead to growth and stability.  (mostly neural networks ) 

It would be a dynamic coin that adapts to shifts in the market and learns over time.  As it was noted there are a couple other adaptive coins, but none of them are too advanced.

Except my idea was for an actual coin, and not a get rich quick scam.

[PuYang]

up!

[anonymousxx1503]

This graph is done with a stable and low net hashrate, it doesn't include increasing in hash rate that will increase the price even more and quicker.

Oh wow .. you all the credibility you didn't even have. People stay far far away from this shitcoin. AIRcoin had 10x more reasonable terms and people who probably actually knew a bit about finance and it still went straight down the gutter.

[illiki23]

As you can see, the latest graph the dev posted and what he is saying practically proves he is trying to scam everybody.

Potential investors, if you do not have good bullshit detection skills then just trust those of us who are warning you about this operation.  

If this were not a scam then the dev would not be making such wild promises and claims.  If this is a coin experiment the dev would be a little more objective and wait until the results are in.  If this was an experiment there would really be no need for an IPO.

No coin developer can guarantee increasing value.  They are promising a diet pill.  The only way to make a coin work is through adoption.  Functionality can help this, but really a coin will not gain in value unless people are putting money into it through use and investment.  There is no magic formula that can defy the laws of economics.

The dev throws some big words around, like 'mathematical', but really his description of the algorithm behind this magic coin is empty.  There is nothing new here, nothing innovative, and definitely not something that has been proven to work.

[illiki23]

As you can see, the latest graph the dev posted and what he is saying practically proves he is trying to scam everybody.

Potential investors, if you do not have good bullshit detection skills then just trust those of us who are warning you about this operation.  

If this were not a scam then the dev would not be making such wild promises and claims.  If this is a coin experiment the dev would be a little more objective and wait until the results are in.  If this was an experiment there would really be no need for an IPO.

No coin developer can guarantee increasing value.  They are promising a diet pill.  The only way to make a coin work is through adoption.  Functionality can help this, but really a coin will not gain in value unless people are putting money into it through use and investment.  There is no magic formula that can defy the laws of economics.

The dev throws some big words around, like 'mathematical', but really his description of the algorithm behind this magic coin is empty.  There is nothing new here, nothing innovative, and definitely not something that has been proven to work.

you seem to know lot of this coins features.
where did you get the full specs of this coin?
can you post them here?

I don't need to know about the features of the coin. 

You just cannot guarantee the things the dev is guaranteeing. This is a fact.

"Upcoin will reward all traders and miners that hold their coins by increasing it’s value over time. "

Note this does not say that Upcoin has a good chance of increasing value, they use the word 'will'.

There is no mathematical coin formula that will guarantee this.  The only way a coin will increase in value is if people put money into the coin.

Here is another line:

"All this to ensure UP as a safe investment for you."

Not the word 'ensure' and 'safe investment'.

The owner is making a lot of guarantees.  This is a red flag right there.  Then add the fact that there is a no-escrow IPO from a newly registered user that encourages people to invest as fast as possible..  It is clearly a scam.  The dev is acting like a used car salesman.  I mean, look at that graph he just posted and what he said along with it...

[illiki23]

"Unique mathematical equations were done to ensure the coin gets increasing value over time"

Here is another good one.

You just cannot guarantee this.

There is no magical formula that will force people to invest in a coin. 

There is not other way for a coin to gain value than people putting money into the coin.

[zjz_lgd]

another ipo?
why erery coin IPO, i don't like IPO.

[ozie]

You have to pay 0.5 BTC to get an early mining ticket  

How much do you want from me to have one hour solo time with the Blockchain prior to official start?

But people will still mine this and even worse buy the 0.5 BTC premine Ticket.

At least its a well made and creative scam.

GJ  

Is this for real? if so looooooooooool
Stop wasting our time with these scams!!!!

It clearly quotes "Early access to mining"

So i will get one of these tickets and rent all rigs off betarigs to drive the diff into crazy highs before normal miners even allowed to join.

Then i will lay back and enjoy the shitstorm going down in this thread 

[BitcoinBaBa]

MATHEMATICAL ALGORITHM
Unique mathematical equations were done to ensure the coin gets increasing value over time. Invest and let us do the rest.

Yeah right! Unique mathematical equations , my ass.
Why do people even fall for this crap.
Another scamcoin trying to fleece money out of the gullible.           

[Cryptosapiens]

Please GO AWAY!!!

[herzogzwei]

Interesting concept, it seems utopia.
Always goes up , jesus christ, devs first at all you must read and understand economic theory!!!

[illiki23]

Interesting concept, it seems utopia.
Always goes up , jesus christ, devs first at all you must read and understand economic theory!!!

Herzog Zwei was one of the best games ever made on the sega genesis.

[sitefive]

STOP BUMPING UP THIS SCAM!!!

[sitefive]

STOP BUMPING UP THIS SCAM!!!
Dev has Multiple accounts which he use to reply to his own posts

[UpCoinTeam]

THE IPO IS CANCELLED DUE TO NEGATIVE ACTIVITY FORM FRAUDULENT USERS! ALL BTC PAID WILL BE REFUNDED TO USERS.

There is a network of scammers that post bad things about a coin and then demand BTC to erase the posts: scam_expose and sitefive.

This is the proof a PM sent to us, now they demand us BTC to erase all those posts:

http://i.cubeupload.com/5oOHNX.jpg

Now we know what were they real reasons. I hope that maybe that is not the real reason and they can apologise now for the things they said. That will prove them to be not scammers and maybe they were just wrong about us.

We are now just going to launch the coin without an IPO. We have erase the IPO from main post. Just to proof these people they were doing lies and trying to make schemes with posting bad stuff then demand BTC to erase the posts. We will launch the coin!

As soon as we communicate with our web developer will update the site about it too.

EDIT: thimo is not part of this PMs, please don't hold anything bad about him or post bad things in his thread. We wish them good luck with their coin. Our apologies.

[thimo]

I am reasonable, I will delete my posts.

EDIT: i did not send you anything and there is no network of scammers.
IPO is scam, there is no way to make an IPO no scam.

There is a network of scammers that post bad things about a coin and then demand BTC to erase the posts: scam_exposer, thimo and sitefive.

Delete mine and scam exposers name, we have nothing to do with SiteFive's operation.

[Acidyo]

Good job on cancelling the IPO, it's no use any more with all the scammers around.

Will be keeping an eye on this coin. Good luck with launch, etc.

[zero3112]

IPO cancelled wow what happened to the people who already paid. SCAM....

[Acidyo]

IPO cancelled wow what happened to the people who already paid. SCAM....

hopefully they will be paid back the btc?