Search content
Sort by

Showing 7 of 7 results by Scamdetector2
Post
Topic
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
by
Scamdetector2
on 31/08/2017, 15:56:32 UTC
Not want to be sarcastic but this project has a long growing period towards end 2018 and will have much good news towards that date. So for long term holding don't worry too much.

That's the problem: it really doesn't.  The tokens themselves have literally no utility other than being a vehicle for (1) the company raising money to spend, and (2) being a quick flip for investors who wanted to get a good return based on the FOMO from people who didn't get in.

No FOMO here.  FOMO-based flips happen when the ICO is still fresh in the mind and there's lots of emotions running high from people who missed out and think they're losing money.  These tokens aren't transferable for many days, by which time we'll all have cooler heads and won't be upset about missing out on this investment whatsoever.

Definitely not one to hold - not many ERC20 tokens are worth holding to be honest.  The vast majority have no long-term prospects (given the fact that they're largely undeveloped projects with little utility for their own tokens, and given the fact that the marketplace is changing rapidly and there's nothing stopping a Monetha-killer coming along in a few months.)

Still pissed off that companies do these quick-draw ICOs: shows that they're more interested in grabbing money quickly rather than distributing tokens fairly to prospective investors.  I truly wanted to invest a large sum in Monetha, but these ridiculous panic-driven ICOs that are over in a matter of minutes are getting fucking old.

I'll be over this missed opportunity in an hour, after I've guzzled a bottle of wine.  There'll be another hot ICO along very soon...
Post
Topic
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
by
Scamdetector2
on 31/08/2017, 15:46:58 UTC
Guess what, that is exactly what I wanted to do too. This was supposed to be a relatively quick flip for me before I put the ETH into a bigger ICO. Have to get some ETH from somewhere else now, oh well ^^

Mind if I ask which one you were eyeing up?
Post
Topic
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
by
Scamdetector2
on 31/08/2017, 15:35:01 UTC
Quote
They locked the coins until 5th September although they previously stated everywhere the tokens would be immediately transferable and tradable. This is a huge joke how they just change their mind after everyone bought MTH based on false statements.

What? I have it already in my wallet.

Yeah, but try sending them ... :/

Well in that case, I guess I dodged a massive bullet!  I had intended to sell within 24 hours of the ICO (you know, because they made it appear as if the tokens would be ours to do what we wanted with immediately) and roll any profit into one of my core investments.  Thankfully, all my ETH is still safely in my hands and liquid, and I can still pump it into what I wanted to invest in early next week.

Phew!
Post
Topic
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
by
Scamdetector2
on 31/08/2017, 14:58:11 UTC
Yep, thanks for the heads up about high GWEI, Monetha...
Post
Topic
Re: [ANN] [ICO] MONETHA - Decentralised reputation with built-in payments
by
Scamdetector2
on 31/08/2017, 14:20:40 UTC
Oh what a fucking surprise.  MyEtherWallet shits the bed once again.  Fucking useless.
Post
Topic
Re: Kyber ICO
by
Scamdetector2
on 31/08/2017, 12:44:53 UTC
I sent 0.75 ETH to dybydxrs. But account for Kyber he hasn't provided.
Will you return my ETH or it is deception?

You've just been scammed.  Sorry!
Post
Topic
Re: Kyber ICO
by
Scamdetector2
on 31/08/2017, 12:00:37 UTC
Buying a whitelisted email address from a stranger on the internet is seriously one of the oldest scams in the book.  Please don't fall for it!