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Author Topic: How to know when an IPO is a scam?  (Read 523 times)
precrime3 (OP)
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April 04, 2014, 05:25:46 PM
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It seems even that with a trusted escrow, the general concensus is that any coin with a IPO and any percentage of premine is a pump- and-dump-profit-scam-run-away-to-hawaii-and-ride-in-my-laborghini. Im asking this as I would like to invest in some coins (not naming coins, unless relevent as I do not want a flame war between trolls and puppet accounts) by buying a stake in the IPO, but IDK which ones are legit, and which ones are scam.

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April 04, 2014, 05:28:37 PM
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Stick with BTC and LTC and you won't go wrong.

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precrime3 (OP)
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April 04, 2014, 05:29:14 PM
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Stick with BTC and LTC and you won't go wrong.

I know, but there are some promising new coins, and I like taking a risk on getting a piece of NEW pie if that makes sense  Cheesy

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April 04, 2014, 06:29:22 PM
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Always use a trusted escrow. If feedback from other investors are bad u should cancel. Always go for innovative coins

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April 04, 2014, 06:32:32 PM
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Always use a trusted escrow. If feedback from other investors are bad u should cancel. Always go for innovative coins

Edgecoin? They are using Annonxxx (forgot the numbers) I would like to invest in them, but IDK if I can make the cut-off date. I would also like to invest in The Munich Project, but IDK if all the people in thread are calling it a scam just FUD spreaders/ trolls or not. I will look back and see what coins I'm interested in that have a IPO currently, and post here to see what you guys think.

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April 04, 2014, 06:33:34 PM
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3 character currency code = scam

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April 04, 2014, 06:34:27 PM
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It seems even that with a trusted escrow, the general concensus is that any coin with a IPO and any percentage of premine is a pump- and-dump-profit-scam-run-away-to-hawaii-and-ride-in-my-laborghini. Im asking this as I would like to invest in some coins (not naming coins, unless relevent as I do not want a flame war between trolls and puppet accounts) by buying a stake in the IPO, but IDK which ones are legit, and which ones are scam.

the ones that are built on trust aren't scam (i.e. SatoshiCoin is based on trust of Bitcoin Blockchain).  all the Public Keys are listed publically, pretty much proving that we have a structured plan.   Roll Eyes

i am here.
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April 04, 2014, 06:39:47 PM
 #8

Whenever it says IPO

Same as in real life. If someone says you have to send them money before you can make it you may as well just use a lighter on that $100 bill

precrime3 (OP)
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April 04, 2014, 06:43:16 PM
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What do you guys think of Edgecoin?
https://bitcointalk.org/index.php?topic=540017.0
Houseofcoins?
https://bitcointalk.org/index.php?topic=553599.0;topicseen

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April 04, 2014, 07:58:48 PM
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you cant really  Smiley , just have to trust your judgement.
precrime3 (OP)
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April 04, 2014, 09:24:16 PM
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you cant really  Smiley , just have to trust your judgement.

My judgement? I prefer doing research Cheesy Which is kinda hard to do, as when looking through threads all you see is scam, IPO scam, shove this up where the sun don't shine, etc...

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