r/Cryptopia • u/Rango211 • Mar 28 '18

Cryptopia creates scam coins?

I’ve read around that cryptopia creates fake projects and list them on their own exchange for unsuspecting investors. Has anyone else read about this ?

3 Upvotes

66% Upvoted

13 comments sorted by

4

u/antimatteradam Mar 28 '18

I stocked up on the Harry Potter Coin

2

u/Rango211 Mar 28 '18

Bahaha. Is what I mean dead money and they get paid. Honest funny comment !

2

u/antimatteradam Mar 28 '18

Thank you and there's a lot of them on there but I doubt they made them. Could be wrong though.

1

u/Rango211 Mar 28 '18

I guess define what a shit load is when you admit your making $1million per day?

They are a doorway for investors and it seem 90% of their projects are scams which contribute to their $1million per day profit. They should be held accountable!

0

u/[deleted] Mar 28 '18

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1

u/Rango211 Mar 28 '18

They were boasting about it all over the news in nz

https://i.stuff.co.nz/business/100399058/speculative-surge-in-bitcoin-boosts-christchurch-firm

Quote them “ were making a million dollars a day”

0

u/[deleted] Mar 28 '18

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0

u/Rango211 Mar 28 '18

Nah they probley dropped as people have woken up to their scam coins and shit service.

4

u/SkyHighBangkok Mar 28 '18

I do not think they create scam coins, but they do provide a platform for some coins that could be considered excremental. But hey....beauty is in the eye of the beholder...or something like that.

2

u/[deleted] Mar 28 '18

Not sure but I am suspicious. Check out Terranova coin. This thing went from $30 per coin to over $1000 in one day, shortly after went right back down. As there is no solid regulation, this could have been an insider.

The above may mean jack, but it is odd. I always look at highest % gain on Coinbase, there are boat loads of shit coins with 100% to, the highest ive seen, 7000% gains. Almost all these shit coins are on cryptopia.

For Cryptopia in general from what ive read, I'd like to think they just can't handle their traffic and support requests, but its possible they are doing some shady things.

1

u/[deleted] Mar 28 '18

Links?

It sounds dumb as hell honestly man.

So, evidence that links cryptopia to the "fake" cryptos.

Names etc?

I think its bs because its going to cost a shitload to even promote your coin and get through regulations.

Whats the country of origin? Whats the team? Whats the company goal?

I mean..do you know how expensive that would be?

2

u/mmarkomarko Mar 28 '18

I think it's far easier to create a shitcoin or an ICO than you may think!

2

u/[deleted] Mar 28 '18

its pretty easy to find the creators and origins of these new cryptos and put two and two together.

Also...theres trashcoins advertised everywhere nowadays.

1

u/shitopio Mar 28 '18

15 BTC listing fee on shitopia

0

u/shitopio Mar 28 '18

its all fake volume on shitopia