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Author Topic: Beware of Swisscoin - Ponzi in the making  (Read 1033 times)
skorupi17
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March 20, 2017, 12:22:25 PM
 #1

Learning about bitcoin is fun and discovering new types of cryptocurrency are inevitable. Some countries develop their own cryptocurrency and endlessly, they try to promote it. But be aware of these new cryptocurrencies.

I've read an article about Swisscoin which claims that it is a cryptocurrency. It uses the terms and languages of a cryptocurrency and "blockchain" that deceives readers to engage them to join. However, it would seem that it doesn't have any sign of being a cryptocurrency. It appears to be that its entire operation is a get-rich-pyramid scheme with no real value. It only encourages you to buy packages to them and invite other people to signup under you. Yes, it contains uplines and downlines which is clearly a ponzi-networking scheme.

Swisscoin is definitely NOT a cryptocurrency. And it is best to avoid it from the start.

You have been warned!

For more info, the link is provided below:
https://news.bitcoin.com/dissecting-swisscoin-cryptocurrency-ponzi-horizon/

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March 20, 2017, 12:33:36 PM
 #2

I think that mostly of us know that Swissscoin is ponzi scheme and it was discussed many times on bitcointalk about this coin. We have to avoid such coins like Swisscoin, Onecoin and etc because they are just searching for fools who will invest money in it.

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April 09, 2017, 01:33:32 PM
 #3

Hi I am new here ... I think swisscoin is a good next project ... The started a Convention in Dubai today ...
http://ccnz.gq/ssvt
http://ccnz.gq/scn
Every new digital asset looks a scam until it becomes announced officially and in  country like DUBAI ...

http://ccnz.gq/ssvt
judeafante
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April 09, 2017, 05:46:11 PM
 #4

Hi I am new here ... I think swisscoin is a good next project ... The started a Convention in Dubai today ...
http://ccnz.gq/ssvt
http://ccnz.gq/scn
Every new digital asset looks a scam until it becomes announced officially and in  country like DUBAI ...

Even if you thought it's a good project nevertheless it is not a crypto currency and a decentralized coin,it's very much similar to thebillioncoin and onecoin,all of them are treated by crypto currency experts as mlm type coin which are centralized.



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PokerDiceMan
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April 09, 2017, 06:06:20 PM
 #5

I think about swiss coin ponzi is very long time in discussion
in 2016 much people warn in swisscoin only ponzi

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akinneo
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October 26, 2017, 01:03:44 PM
 #6

Since swisscoin is now listed on coinmarketcap.com and the vol is increasing daily.
I think it has overcome the word "Ponzi"
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November 01, 2017, 12:24:16 PM
 #7

I was lucyk to get it for average price around 13 sat, and now is 26 sat. I'm running offline wallet, and usually earn around 1k coins in ten days as Proof-of-Stake reward.

If it will go to some bigger exchanges soon the price go up, currently only in coinexchange.
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November 06, 2017, 10:24:01 PM
 #8

If any project or coin is being promoted by Nigerians, you must know that it is a scam on MASSIVE scale.

Currently there is a pump on SIC, but anyone who's been involved with cryptos know that these are artificial, and soon it will be dumped on unsuspecting people.

Stay away if you value your money.



Read the comments on this article and you will know what i mean.

https://news.bitcoin.com/dissecting-swisscoin-cryptocurrency-ponzi-horizon/

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November 06, 2017, 10:44:02 PM
 #9

I have discovered that some ponzi  schemes are converting to cryptocurrency and they seem to be doing well,  i guess its because most of these ponzi schemes already have huge community of supporters,  so once they convert to cryptocurrency,  their market cap will be high in a short time. Lets see how one coin will do next year.

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November 06, 2017, 11:26:21 PM
 #10


Guys, the video with which they promote their scamcoin is totally hilarious. In a way, whoever is giving them money after having seen this video totally deserves to lose it + he should get a special Darwin award.

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November 07, 2017, 12:36:05 AM
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Guys, the video with which they promote their scamcoin is totally hilarious. In a way, whoever is giving them money after having seen this video totally deserves to lose it + he should get a special Darwin award.

I haven't done much research, but you should at least look enough into an ICO to figure out if it actually utilizes blockchain technology. The Darwin award may be appropriate.
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November 08, 2017, 10:15:12 PM
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Guys, the video with which they promote their scamcoin is totally hilarious. In a way, whoever is giving them money after having seen this video totally deserves to lose it + he should get a special Darwin award.

I haven't done much research, but you should at least look enough into an ICO to figure out if it actually utilizes blockchain technology. The Darwin award may be appropriate.

Actually now it seems that they actually use a blockchain technology and they are even listed on coinmarketcap. However, this doesn't mean that this cannot be a scam. If the scheme is a ponzi scheme, it probably actually is one.

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November 13, 2017, 06:03:50 PM
 #13

It is puzzling to see how many people would fall in these kind of traps even though they get the evidence of the scam beforehand.

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November 13, 2017, 06:21:24 PM
 #14

I think that mostly of us know that Swissscoin is ponzi scheme and it was discussed many times on bitcointalk about this coin. We have to avoid such coins like Swisscoin, Onecoin and etc because they are just searching for fools who will invest money in it.

Yes, I agreed. Because I have a friend in Dubai she invited me to part of Swisscoin community, and I told her that it is a kind of ponzi scheme and She doesn't believe me at all, and now the of value of Swisscoin was dropped into nothing, And it was listed in Nova exchange whihc is going to close too because of the new management and owner of this exchange platform.

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Today at 01:35:31 AM
 #15

The point of these Ponzi shitcoins get bought exactly by the people who have heard about Bitcoin but they understand absolutely nothing about crypto. There people come to them and tell them: I will make you rich - and they want to believe it.

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