WARNING: Coindash ICO Scam

in #cryptocurrency7 years ago (edited)

scam.png

I apologize for making two consecutive posts but this is a serious issue. I recently send 2 ETH to the coindash ico that turned out to be fake. After sending the tokens, here is the email I received.

Screen Shot 2017-07-17 at 6.34.54 PM.png

We are talking about an insane amount being stolen. Or so the coindash team claims. You can notice how they even troll on the page. 43,000 ETHER and counting!




![Screen Shot 2017-07-17 at 6.36.53 PM.png](

Do not take part in the Coindash ico until a further update and explanation from the Coindash team.

update:

Screen Shot 2017-07-17 at 7.32.52 PM.png











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A ico that turned out to be a scam? No way!

When stupid investors invest in stupid made up projects, there will be blood on the streets. There is a reason you need a product to raise money. There is a reason traditional startup investing is reserved for high net worth individuals.

Icos along with other crypto projects will find its natural place. We still haven't seen one ico that has proven success yet..

true that! their making tons of money out of us Poloniex won't even exchange with bittrex while Poloniex "itself" can...absolutely in your face blunt kkunts...

http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!

I'm sure Veritaseum has proved itself and that was an ICO just 4 months ago.

Now people are running back initial coin offerings and most of them taking this an advantage to fill their pockets and to loot public money. In-depth analysis is required before investing. People should know who are the promoters and their back ground and reputation.

I like toast 🍞

they got hacked. I guess one cannot be too vigilant

Yeah. Similarly what was Tezos? It may be legit or not but how can people invest into an ICO with no cap & in a company full of strangers with no name credibility? Then it hits the news as the biggest ICO ever, obviously if there isn't any cap people will keep pouring in. That's fishy and shows they don't have any concrete plans neither there is any accounting/budgeting team which could calculate the cost as they progress into different cycles of their project. It's like Husband and Wife opening a donation shop for their own team. I would be happy if I am wrong but time would prove that.
Yes, immense research is required before putting your hard earned money. Everyone should be made aware of that there is nothing called as "Get rich quick" thing. You have to be smart and invest wisely.

A lot of ICO's are hella shaky at the moment, especially if they don't have team info or github updates.

New ICOs are great for an early buy for quick profit but they are getting ripped off with OUR money.

I'd say this headline is misleading.

Scam? No. Based on everything leading up to it, it's been a legit project - which as they gave notification of, GOT HACKED.

Unless evidence can be provided otherwise, I'd say your choice of presenting this as a scam is irresponsible sensationalism.

I agree. The word "scam" is being seriously overused. By EVERYONE.

Stay away from ico its a bunch of scammers running the site. They are only there to stole your hard earn money. Thanks for spreading this vital news. More people should be aware of what is happening at Coindash.

I stay away from ICO's lately.
Most off them are cheaper once they are on the exchanges for a couple of days.

I think their website got hacked and their social media.

One must see reviews and search about ico before investing .
I invest in one ico and that is trading at half price when launched on exchange

The team seemed legin and they had TaaS fund support them.

Beware of ICOs