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Topic: Bitcoin copycats are rising (Read 1217 times)

legendary
Activity: 1288
Merit: 1087
July 27, 2016, 09:23:13 AM
#28
Any coin that only lives on facebook is a clear scam. So are most of the ones on here to but at least there's some functionality.

Stuff like this is gonna keep on popping up with increasing intensity.
legendary
Activity: 3416
Merit: 1225
July 27, 2016, 06:48:06 AM
#27
If it is too tempting to you then invest at your own risk,it's an mlm type of coin,it should be treated that way it's a pump and dump coin and you only make money when people start coming in when people stop investing then that is the time people will stop earning here typical mlm .
legendary
Activity: 3066
Merit: 1188
July 27, 2016, 06:23:00 AM
#26

Was there any coin that ever got close to bitcoin?
I mean, in terms of the number of supporters, how big it is, the price.

No.
hero member
Activity: 994
Merit: 544
July 27, 2016, 05:33:14 AM
#25
It is not really bad to engage in those coins as long as you earn. But always remember to invest only a small amount so if they became scam you have only a small amount that will go in hell.

But as an investor let us examine everything before engaging and or must focus on bitcoins that is a trusted coins. Those coins you mentioned have increased their price fast but because they are not in the coin market they will fall down sooner or later.
sr. member
Activity: 476
Merit: 250
July 27, 2016, 05:26:01 AM
#24
Was there any coin that ever got close to bitcoin?
I mean, in terms of the number of supporters, how big it is, the price.
Or which was the closest one?
hero member
Activity: 1106
Merit: 521
July 27, 2016, 05:06:07 AM
#23
When you have been around cryptos long enough you see these sorts of coins all the time, and it is usually the noobs who get burnt..... it happens over and over
full member
Activity: 126
Merit: 100
July 27, 2016, 05:03:11 AM
#22
Well man bitcoin copycats are another dump then pump scheme in my opinion. It will surely dump someday but you can make a profit with it. It will be hard though since we cannot say what is the top so set sell at a reachable price I think to make profit with it. Be careful though it can dump hard without you noticing.  Grin
legendary
Activity: 1134
Merit: 1598
July 27, 2016, 04:47:31 AM
#21
I call them Scamcoins. Look up for Onecoin - same thing going on there. It's simple: you invest in it, you see the money gone. Forever. And what are you going to do next? There's nothing you can. Their wallets are filled up with tens of thousands of dollars EVERY DAY, this is what actually happens. I wanted to invest in some other Altcoins a few weeks ago, but I found out Bitcoin should be the only one I have to trust.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
July 27, 2016, 04:47:22 AM
#20
According to me Just ignore these types of Coins and only Focus on Bitcoin.
Because These Coins Never Be Like Bitcoin because Bitcoin is a Strong Currency and these Currencies can Never take place of Bitcoin....
legendary
Activity: 1274
Merit: 1004
July 27, 2016, 04:41:33 AM
#19
they maybe rising very fast but they are still altcoins :p i am sure they will be no where after some months. just stick to your bitcoins and ignore those stupid altcoins. but if you are a market trader then i will say keep your eyes on gtd and coxic coin
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
July 27, 2016, 04:30:05 AM
#18
Have you heard of TBC (The billion coins) or Swisscoin, they are not yet included in the coinmarket and yet their prices are rising very fast. Many are tempted to invest large amounts in those coins. You can also purchase those coins using bitcoins. Well, I am just afraid if they are really a currency or a scheme like ponzi like what ONECOIN did. What is the right thing to do about those coins?
I saw many tbc coins in yobit and c-cex but it's not the same I'll try to send coin from yobit to c-cex but I'll not receive it. I don't even know why this coin is so popular in Facebook and many got fooled of it and what trading we can use to exchange it.
full member
Activity: 210
Merit: 100
July 27, 2016, 04:19:16 AM
#17
better to play other coins like ethereum or ethereum classic. many people predict that ethereum will be second of bitcoin, but yes it is just only prediction.

I would not bet much any altcoin can stay second after Bitcoin for very long, it seems there is always demand for new the next big thing altcoin after a while to keep these speculative altcoin pump and dump games going.

So people eighter ignore the altcoins, or trying to make something out of the pump and dump games. The worst one can do is invest in altcoin with intention to hold longterm, but I dont think you find many such newcommers anymore who dont have experience with these altcoin games.
You should give more your experience about way of trading alt coins for get profit as consistent because you don't give any solution about trading alt coins and i will tell you something trading alt coins are not the game, trading is serious business.
sr. member
Activity: 294
Merit: 250
July 27, 2016, 04:17:14 AM
#16
I suggest it is better to leave them , they sound like a coin fraud can search for users just on facebook or twitter like forums only. because they can not identifying details but if they post in the forum bitcointalk we could ask about the details and they can giving details. we need to consider to leave .
sr. member
Activity: 378
Merit: 250
July 27, 2016, 03:40:25 AM
#15
Alts are just pump and dump schemes. People buy up the market, other people follow and the price naturally rises. Once it rises a substantial amount, the first few investors drop all their coins until an exchange and profit.
hero member
Activity: 518
Merit: 500
July 27, 2016, 03:39:25 AM
#14
Have you heard of TBC (The billion coins) or Swisscoin, they are not yet included in the coinmarket and yet their prices are rising very fast. Many are tempted to invest large amounts in those coins. You can also purchase those coins using bitcoins. Well, I am just afraid if they are really a currency or a scheme like ponzi like what ONECOIN did. What is the right thing to do about those coins?
They are just alt coins same are like  another altcoins and no more, so if we will make Investment on there make sure do it with we can lost it. Because always there are high risk in Investment.
hero member
Activity: 672
Merit: 500
July 27, 2016, 03:32:43 AM
#13
well this happens a lot time now!
no use alts are poping out of nowhere with no real use! and a shitload of promise in whitepapers, eventually nothing happens , even coin with solid dev team behind & PR ppl , but in the end its goes back where it belonged to the cave!
I think it will take a while till a btc anchestor come by..
till then you will hear every think about alts, BTC is like gold, LTC like silver and go on..
my point is nothing will rise by its own, less coins have something unique & are real with actual use, & all the rest if PnD , so if isnt on marketcap , is a low quality PnD work..
full member
Activity: 174
Merit: 100
July 27, 2016, 03:28:52 AM
#12
better to play other coins like ethereum or ethereum classic. many people predict that ethereum will be second of bitcoin, but yes it is just only prediction.

I would not bet much any altcoin can stay second after Bitcoin for very long, it seems there is always demand for new the next big thing altcoin after a while to keep these speculative altcoin pump and dump games going.

So people eighter ignore the altcoins, or trying to make something out of the pump and dump games. The worst one can do is invest in altcoin with intention to hold longterm, but I dont think you find many such newcommers anymore who dont have experience with these altcoin games.
sr. member
Activity: 336
Merit: 250
July 27, 2016, 03:05:21 AM
#11
Have you heard of TBC (The billion coins) or Swisscoin, they are not yet included in the coinmarket and yet their prices are rising very fast. Many are tempted to invest large amounts in those coins. You can also purchase those coins using bitcoins. Well, I am just afraid if they are really a currency or a scheme like ponzi like what ONECOIN did. What is the right thing to do about those coins?

Must be a ponzi really. I only see these coins on facebook really and when i tried to look for their ANN thread here in bitcontalk, i find none. and it only means they are avoiding to be judged as scam to they just prefer to stay on facebook. where they can moderate.

Well you have a point there, since they cannot be seen in coinmarket and they are only operating in facebook and in moderation, there is a big possibility that they are scheming something. Probably they are really a Ponzi Scheme that is disguising as a cryptocurrency.

But I do hope I can get evidence to back-up this claim otherwise it will be troublesome since my neighbors invested a large amount to these coins. But if they are legit then there are no worries but if not then my poor friends will lost their money.
hero member
Activity: 3150
Merit: 937
July 27, 2016, 02:44:00 AM
#10
Have you heard of TBC (The billion coins) or Swisscoin, they are not yet included in the coinmarket and yet their prices are rising very fast. Many are tempted to invest large amounts in those coins. You can also purchase those coins using bitcoins. Well, I am just afraid if they are really a currency or a scheme like ponzi like what ONECOIN did. What is the right thing to do about those coins?

Stay away from brand new altcoins.Every new cryptocurrency is a potential ponzi/scam.

Some people are manipulating their prices and creating buzz around those altcoins to get more people to invest

in them and then run away with the money.

legendary
Activity: 1190
Merit: 1002
July 27, 2016, 02:40:27 AM
#9
They are only a scam coin which can create users only on facebook or twitter like forum only, as their you cannot identify the details, but if they post here in bitcointalk forum here they will be asked about all details about the coin and its technical details, which they cannot give that is why it is better to leave them and just go through other coins which are much better going in the market with full transparency.
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