Topic: [ANN][ICO] bitereum - Simply bitcoin on ethereum - ICO is now open - page 4. (Read 4913 times)

NO info about the team .
No escrow .
No roadmap
no source .

Sounds like wallet builders scam

I am going to negative rep the dev of this coin .
As this is a scam

More like a scam

This seems like a pyramid scheme ...  

Dev:" I have a shity token costing me several dollar. Give me your money!"


Scam warning!

ICO Prices are now updated, old prices:

Phase 1: From April 10 to April 13: 1% of bitcoin price
Phase 2: From April 14 to April 17: 10% of bitcoin price
Phase 3: From April 18 to April 24: 40% of bitcoin price
Phase 4: From April 25 to May 10: 90% of bitcoin price

New Prices:

id like to see the contract code for both the tokens (you can verify and publish your code, not just bytecode and opcodes at the etherscan page for your token: https://etherscan.io/address/0xb4b47e3dd06b5418ec3e5f3e52f72fffce5a9e68#code) and for the "mining contract" that you intend to release, or at least some mechanism as to how you plan to simulate mining using a smart contract on the EVM.

you are a little short on details here, and as a token contract hoping for investors to what is likely a simple ERC20 token. how will your mining contract interact with the token contract? where is your github repo?

you have a good idea, but presently you havent shown any details whatsoever on how you want to get where you are going, or even what it is, exactly, that you are trying to build. if you are hoping to set up mining similar to bitcoin's minting curve, then you should choose a smaller ICO release of currency, in the 1,000,000 range at most, and build your contract to simulate conditions of mining to perpetuate release of timed "block rewards" off of the remaining amount, which would need to be set to zero ownership past the premined ICO offering, to prevent anyone (including you or your development team) from simply taking the tokens before they are minted. to make a currency like that fair you would have to remove yourself from ownership past your intiial release, and then participate equally in the decentralized "pseudo-mining" process along with everyone else.

presently, you have zero roadmap and no plan. your tokens are built, id put away the ICO until you have an idea behind how to create a smart contract to simulate  mining on the EVM and then release again with some code behind you. otherwise, you are setting yourself up for a situation where you cant deliver and you have a lot of angry people after you because they have lost money on your project ICO.

honestly, with the way you are set up now, i cant see you getting many takers. build a team and an idea behind "BITEREUM", justify its use and existence and you will have much more luck in getting your project off the ground. i wish you the best of luck, as smart contracts are fulfilling and frustrating usually at the very same time.

If it was simply bitcoin on ethereum then there would be no ICO just like BTC.

if you want succes in ico selling, youre must good team and good design youre thread
and detail thread, roadmap, plan project you can work, dev team, use escrow
if only create thread , only write addres collect ethereum coin, is never investor interest buy youre coin

Why there is no pre-annoucement and what's the rush with this ICO?

Do you have bounties for this?

any bounty dev?

reserve indonesian translations sir
thank you

Anyone can use bitereum.

We will contact exchanges after the ICO period is over.

Who will buying Bithereum? Banks? TRaderS/

Exchanges? Poloniex?

Should we start the lambo memes?

No target amount to raise, all tokens are available for the public.

Remaining tokens we are planning to create a mining smart contract simulating the same bitcoin supply mechanism.

Please dont even try this kind of scam,its embarrassing

Yup this is what will overpass ethereum one day. Yes its shitty and made by an old single mom but look how much effort has been put into making everything fresh and shiny. Once things are finalized biterium will get back on track and nobody will complain about its shoddiness as nobody will see this more than once or twice unless u enjoy looking up newbie shit.

that s not how things work around here...

and btw.... that escrow???