A lot of my uncles and cousins have started 'investing' in this thing, which has a lot of TGTBT elements to it.
https://www.youtube.com/watch?v=PGK4jW4UwxA

Is this an actual proper cryptocurrency exchange platform, or just another scam? They have an app on the Play store.

What is TGTBT?

the amount of keyword is so high that if it's not fake, then i don't know what it is.

TGTBT = Too good to be true.
https://www.cyberdefinitions.com/definitions/TGTBT.html

EDIT - So much of the red flags listed here and here are covered. I also don't know what to say.

This post has been edited by dangerism: Aug 15 2019, 12:25 PM

Don't all in. Crypto investments never have guarantee return. Presentation quality is so bad based on the video.

Sure is scam and expected to say bye bye end within 1 year.

Just went to this aliexchange talk last week at istana hotel. Quite suprise becoz majority is and old veteran, acik2 semua. Minimum to invest 10k euro, dividen 12% dividen. Within 6 month can get back the modal but i curious also la, scared. My sister already sign up but me cannot. Scared la to make loan. Takut bungkus.

Yr sister sure will cry in front you.

You know why register in Estonia? Because Estonia can get offshore license very easy. You can get a LLC license issue by Estonia with less than EUR 5,000 without additional capitalization requirement. Furthermore, your company share minimum are EUR 2,500 with a minimal value of EUR 1 per shares. What all this means? You can establish a company, get a license from Estonia with less than EUR 10,000 and tapau anytime you want.

Recently a friend invested a big sum of money in AliExhange. Does anyone have any direct experience investing in this and can share?
I was surprised when mentioned the monthly returns is more than 10% per month.

So far based on my own findings they pay monthly dividends of 5 to 12%, and share price can go from $1 to $10, got sponsor bonus, pairing bonus, some endless leadership bonus. I think some people already made alot of money already.

Anyone?

a fool and his money are soon parted

How to evaluate an investment opportunity?
Can the person peddling the opportunity explain in detail how the company makes money? High return or low return is all relative depending on the industry, imho.

Scam 🍌🍌🍌

This post has been edited by esyahazman: Jan 6 2020, 12:01 PM

Hi all..anyone got new updates on this aliexchange?..bungkus olidi?😝👍

going bust soon... it's a scam (ponzi scheme)

new investor will pay old investor and after they accumulate enough, they will run road

This is a bloody scam. Now dividen is auto-invested. So no more of that 10% dividen you can withdraw to your bank account. Now they have implemented forced crypto-loan. I mean, what the F is this if not for the scam that it is. Because of the crypto-loan that people never requested in the first place, your “dividen” is now used to pay the loan you never asked for! In essence, you dividen is now delayed maybe 6-7 months from now. Absolute rubbish. Scam scam scam scam. Don’t be fooled people.

This post has been edited by azraeil: Dec 8 2019, 10:13 PM

Confirm scam

https://www.facebook.com/1103165436/posts/1...625?d=n&sfns=mo

from the first day of this post being here, we have confirmed it is scam.. but still have many people did believe it.

Now we have news that a buyer wanted to buy AliExchange for USD20 bucks per share. Everyone now a billionaire hahahahaha. Pretty sure that this “buyer” will pay in FOIN hahahahah. Now all shareholders will have FOIN which is bloody useless.

https://www.thestar.com.my/news/nation/2020...with-13-arrests