Reaper asset paying 3% daily average! [SCAM]
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@rds @RichBC From the looks of it he's not even trying to hide the scam anymore. He keeps lowering the asset price whenever someone else trys to sell lower than him. He just sold a lot of reaper assets on his alt acct wallet and sent it to his main poloniex acct. Surprisingly people are still buying his asset because of greed and not even researching.
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A fool and his money are soon parted...
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@dvndr007 said in Reaper asset paying 3% daily average! [highly likely SCAM]:
its tottally scam from start how pepol belive it and trade there its ridiculous?
@ScreamIndevnull said in Reaper asset paying 3% daily average! [highly likely SCAM]:
A fool and his money are soon parted...
These sorts of comments are easily made after the event. This Ponzi Asset has been selling Shares and paying out good Dividends, like Ponzi's do, for over a Month now. Yes people sort of knew that 3% a Day sounded too good to be true, but the Asset was paying daily Dividends, and other people were buying it etc....
It was only when @Hades got greedy and decided to post a promotion thread here that he was immediately hit with all the right questions, which he failed to answer, then the killer blow from @Hyzi0 with his analysis of transactions forced him to do a final scrabble for money.
He deleted this thread and has been reducing the Sell price to get in a few more Burst. No daily payment Yesterday, however still people are buying Shares.
@daWallet as this is now blatantly a Scam can we move this to Asset Scams?
Rich
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@RichBC No, not really. And to be totally honest, Through my life I have seen people drink the koolaid way to fast when it comes to investing.
Offering an unrealistic 50% to 100% return per MONTH is impossible. Now maybe one gets lucky and rides the ferris wheel and jumps off before a collapse, but that growth is unsustainable. There are assets being sold right now by some unsavory characters that I know will implode in short time and yet people are jumping on them with high expectations.
One should always seek a good return, but... The higher the return the greater the risk.
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@ScreamIndevnull Not quite sure what you mean by "No not really" but one of the main points of my earlier posts was to remind people that we are a Community here, a Forum in which to ask questions, get answers and learn things.
I would urge people who feel that any Asset is or could be a scam to post their reasons for comment from the Asset Owner and for other investors of potential investors to see and comment on.
There are a very wide range of ages, backgrounds and experience to be found both issuing and buying Assets and although this Asset may well have been an obvious scam, and was flushed out as one in less than 24 Hours after we got visibility of it on this Forum, prior to that many people had been buying it.
It would just have been great if one of these people that knew it was an Scam had given a heads up earlier.
Rich
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Unfortunately I fell for this SCAM 2 DAYS ago and ended buying over 50k of it at 0.3 and 0.4 BURST..Since I bought he has stopped paying DIVIDENDS AND Now he selling off what he can at 0.1 and the asset has plummeted and died..Cost me 100 bucks to buy this sh*t..AM NOT HAPPY..HADES RETURN MY FUNDS!!!!! I am the village idiot, should have seen this thread sigh..
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@qibucks ohhh that is a real bummer. Their are only three assets that I see worth investing in. hassets, FLex and SoCalFarm.
Haitch is constantly adding to his asset out of his own pocket and has been building up a goo amount of mining power to boost his holders payouts.
I like Flex because Focus sees like a strictly business kind of guy that doesn't screw around, doesn't take chit from nobody.
SoCalFarm with 50% insurance has to be one of if not the safest investments on the AE.
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@Dillion Heck really if you invest in SoCalFarm now at 10coins per share your really 100% insured on that investment. Cause the insurance covers 50% at 20 coins per share.
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This post is deleted!
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@qibucks I am really sorry to hear that. But why did you invest in this when the waters are just being tested? Please be more careful with your money :/
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@vExact investing in new assets are good because when the price spikes you dump
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@vExact yeah i know it was one of my dumb blonde moments although i ain't blonde lol..A friend told me he was earning good from it and I bought..it's my fault lol for not doing my due diligence rofl... but karma will come to the reaper no doubt.
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@Dillion I gonna get more haitch and socal and also burst oceans and btcdragon.. also edge is o.k too.
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@HiDevin said in Reaper asset paying 3% daily average! [SCAM]:
@vExact investing in new assets are good because when the price spikes you dump
If that's the mentality of your investing philosophy, quick buy without doing any research for hopes of a runup and dump, then you have to accept that some of the purchases won't runup and you get burned. As long as more go up than don't you will be fine. Never will every asset purchase be a winning trade. It appears there are a lot of polyannas here that don't have a full grasp of reality, but they are learning the hard way.
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@rds yep, yep i understand, some people do that, so do I, put I check out the asset and see if it's going to survive before dumping my resources into it.
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@qibucks id stay away from edge as well , i know its been up and running for a wile has been paying out but it is essentuly a bankroll for a gambler........ if you want to invest in a gambling asset .. invest in one ran buy a casino not by a gambler.. the only exception i would have is MTMG and thats only because it has enough liquidity to make it a viable trading asset, any div's from it are just a bonus.
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@Gibsalot actually my advice is avoid MTMG :) its crap for trading (no good margin and it was going down in price since its release).
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@Gibsalot mtm is a gambling asset xD
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@HiDevin yes i know






