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Bitcoin (BTC) THE BIGGEST CRYPTO SCAM: Exposed Apoub.com

Discussion in 'Blockchain and Crypto Currencies' started by jamesmiller6547, Dec 6, 2017.

  1. Friends keep distance from Apoub Coin because it's not a crypto coin rather, this is the team of thieves who have stolen everything from another company i.e logo from www.regalcoin.co and whitepaper from www.bit4g.com. Even knowing all that if you invest in this company, it will surely be drowned.
    APoub.com provide no information on their website about who owns or runs the business.

    Be Aware coz the company is actually running from India .they are 2 or 3 person who is running Apoub.com. they Donot have any kind of software And blockchain.
    They have just created a system to take bitcoin and run away..

    The apoub website domain (“apoub.com”) was registered on 10 November,2017.Register Name Joseph straw

    According to Alexa Rank : 174587965

    “Apoub.com” is listed as the owner, with no address,

    They dont have a address provided on the Apoub website.

    No Further Detail Provided By Apoub.com

    Whether apoub has no physical presence in the world is thus clear.

    As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

    Apoub.com Products

    Apoub has no retailable products or services, with affiliates only able to market Apoub affiliate membership itself.

    The Bit4G Compensation Plan

    Bit4G affiliates pay whoever is running Bit4G real money in exchange for B4G points.

    They then “lend” these B4G points back to Bit4G for an advertised ROI:

    invest $100 to $1000 and receive a monthly ROI of up to 55% for 170 days
    invest $1010 to $5000 and receive a monthly ROI of up to 55% plus a guaranteed 0.20% monthly ROI for 150 days
    invest $5010 to $10,000 and receive a monthly ROI of up to 55% plus a guaranteed 0.30% monthly ROI for 125 days
    invest $10,010 to $100,000 and receive a monthly ROI of up to 55% plus a guaranteed 0.40% monthly ROI for 80 days

    Apoub pay referral commissions via a unilevel compensation structure.

    A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

    If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

    If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

    Apoub cap payable unilevel levels at ten, with commissions paid out as a percentage of funds invested across these ten levels as follows:

    level 1 (personally recruited affiliates) – 8%
    level 2 – 3%
    level 3 – 2%
    level 4 – 1%
    level 5 – 0.5%
    level 6 – 0.3%
    level 7 – 0.2%
    levels 8 to 10 – 0.1%

    Joining Apoub

    Apoub affiliates must invest a least $100 to participate in the attached income opportunity. so its clear this is totally scam!

    Conclusion

    Apoub utilizes the “cryptocurrency lending” Ponzi business model.

    Under this model affiliate investors invest real money in exchange for worthless points, which hold no value outside of the income opportunity.

    Apoub points are issued by whoever is running Apoub in exchange for real money.

    Apoub has no real world application or purpose, with its value determined only by the rate of new affiliates investing in Apoub.

    Despite this fact, Apoub insist Apoub value is determined by a combination of “supply” and “valuation”.

    1. Supply wise, Apoub is one of the most scarce cryptocurrency among all conventional lending and staking platforms.

    Simple math says that Low Supply = High Price

    2. Apoub coin’s valuation also is an index of the company’s valuation and because of rock solid fundamentals, it will grow rapidly.

    The first point is nonsense. Now matter how scarce a useless resource might be, it’s still useless.

    The second point brings us to Apoub fraudulent business model.

    Apoub “company valuation” is tied to affiliate investment, which is the only verifiable source of revenue entering the company.

    This is basically another way of saying “the more people invest, the more money we have to pay out”.

    Rather than acknowledge itself as a Ponzi scheme however, here’s how Apoub claim to generate ROI revenue:

    The power of supercomputer driven trading, once available only to the largest of hedge funds has been unlocked.

    It is now available to YOU.

    This platform is the culmination of a long standing dream – To bring the magic of Artificial Intelligence (AI) to the world of trading; and make it accessible to the masses.

    InteliTrade is a self-learning, AI based trading algorithm which is way ahead of our times and other ‘trading bots’ available in the market

    If the anonymous owner(s) of Apoub had indeed created a trading bot that was “way ahead” of its time, they’d keep it to themselves, put it to work and reap the profits.

    It makes absolutely no sense to share a golden goose with randoms over the internet. All that does is create an ever-growing liability, which in legitimate business makes no sense.

    Putting aside no proof whatsoever of InteliTrade even existing, the fact remains that new affiliate investment is the only verifiable source of revenue entering Apoub.com.

    Apoub.com using this revenue to pay existing investors a ROI makes it a Ponzi scheme.

    As with all Ponzi schemes, once affiliate recruitment slows down so too will new funds entering the system.

    This will see Apoub.com unable to meet its ROI obligations, eventually prompting a collapse.

    At some point Apoub might be publicly launched on the cheap via a script, which would still only peg its value to affiliate recruitment (the only public buyers of the coin).

    This is the BitConnect Ponzi model, and still collapses once affiliate recruitment slows down (no buyers, only sellers).

    End result being unless you get in early and are fine with stealing money from people who join after you, as a Apoub affiliate investor you’re going to lose money.
     
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  2. I want what you're smoking
     
    • Funny Funny x 1
  3. Everyone is in love with bitcoin and everyone thinks that they are going to be rich. That's usually when the bottom falls out.

    If this bitcoin stuff isn't the latest bubble that's going to pop then I'd be very surprised. Don't you guys see that whenever the common people are convinced to invest in anything the rug is pulled out in no time?

    Only the big players every make big money. They don't even use their own smarts to trade anymore. They just run a program on a casino type trading computer that automatically steals money from the stock market for them.

    You can't keep creating wealth out of no work or productivity. Eventually it comes crashing down.
     
  4. Exactly my thoughts tbone. They got it all hyped up and everyones investing driving the price up and up then they will dump it to those people buying it for rediculas ammnts and then it crashes. Pump and dump. Some people have to lose money for someone else to gain
     
  5. It's already happening. It's down over 20% from a few days ago. How does that feel people that just got in?

    Not the best investment. I was hearing a few days ago about how if computer speeds make any kind of jump it could also cause massive volatility because it would suddenly make mining too easy.
     
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