Bitcoin copycats are rising - page 2.

ethereumhunter

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Quote from: groll on July 27, 2016, 01:58:03 AM

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?

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. for me, bitcoin is like a mother for other coins, and no other coins will be bitcoin copycats. maybe they just pump and dump that coins to make sure they can become big like bitcoins.

helloeverybody

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They do sound like scam coins. Its not like we have a shortage of shit coins but at least shit coins are legit and not necessarily a scam. Even with an ann thread in bitcointalk weve had plenty of scams so i certainly wouldn't put any trust in any that just pop up of of thin air. Easy way to get burned.

ImHash

hero member

Activity: 924

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There could be even more than what it is now, you can't simply stop them and they will grow in numbers every day.
Best thing to do is to avoid trading them if something fishy is going on, but still I don't think any coin could ever reach to bitcoin's potentials.

electronicash

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Quote from: groll on July 27, 2016, 01:58:03 AM

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.

shorena

copper member

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No I dont escrow anymore.

Quote from: 7788bitcoin on July 27, 2016, 02:01:17 AM

The right thing to do is to ignore them. Most of these are just another pump and dump scheme as there is no additional strength/benefit in these coins. The level of support is very low so you can expect them to disappear any time.

They are not even coins AFAICT, just a straigth ponzi mixed with "blockchain" as marketing term.

Quote from: groll on July 27, 2016, 01:58:03 AM

-snip-
What is the right thing to do about those coins?

Ask yourself where the value comes from. Are there a large number of merchants accepting these coins? Do they bring new features? Is the sourcecode available? Does a whitepaper exist that explains the technical details? Can you cash out at any given time? Try to find details.

iv4n

legendary

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Its gambling, you can buy them now when they are cheap, and wait some top ( where will top be is up to you to decide ) then sell, you can earn some good money with that. But while you waiting for that top, you can experience hard drop and lose all you invested.

Or you can ignore it, let others to win and lose. Its up to you what you will do, and whom you will follow. Anyway I doubt that anyone can stop them from appearing, and in future we can see just more and more altcoins. Looks like anyone with a bit money can make alt coin, and some people using that.

7788bitcoin

legendary

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The right thing to do is to ignore them. Most of these are just another pump and dump scheme as there is no additional strength/benefit in these coins. The level of support is very low so you can expect them to disappear any time.

groll

sr. member

Activity: 336

Merit: 250

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?

Topic: Bitcoin copycats are rising - page 2. (Read 1219 times)