Topic: ECU: new virtual coin, not cryto but regulated, alternative to Bitcoin et al. (Read 1184 times)

Here: https://bitcoin.org/en/development

LOL

So, instead you instamine and sell the coins, you want people to pay you and you mine the coins?

That's funny, because you modified you're orignal post, in the oriignal post you had two lines dedicated to an annual IPO, where people could buy your coins every year, but it seems that you've erased it shortly before darkota quoted your post..Now you're saying you don't know what an IPO is....nice try you SCAMMER.

Hi,

You said:

He's hosting an Annual IPO for the coin, which I'm assuming is going to start very soon..
He doesn't mention name of the "Spanish Company" behind the coin
He doesn't have a website for the coin
He doesn't have a wallet for the coin
He claims he's been working on the coin since last January, but has nothing to show for it.
Hell, he doesn't even have a logo for the coin...

- I don't know what an IPO is...
- The company name is given in every post, webpage, term&conditions, etc: "López & Valenzuela S.C." (SC: Sociedad Civil, civil society)
http://ecucoin.yolasite.com
- Wallet? It's not a cryptocoin!. But to register and open an ECU Account in CES: http://community-exchange.com/
- The coin is now working: http://ecucoin.yolasite.com  and http://community-exchange.com/  and then go to "Spain" and then to "ECUC Electronic Currency Unit", and register.
- Logo: Ê   Look at it in http://ecucoin.yolasite.com

Have you really read all our posts and visited the webpages before calling us a scam? Just curious...

Update: This may actually be a scam and here's why:

He's hosting an Annual IPO for the coin, which I'm assuming is going to start very soon..
He doesn't mention name of the "Spanish Company" behind the coin
He doesn't have a website for the coin
He doesn't have a wallet for the coin
He claims he's been working on the coin since last January, but has nothing to show for it.
Hell, he doesn't even have a logo for the coin...

My Results = SCAM, he has no coin, don't fall for it.

Claiming he's been working on it since last January:

I would like to introduce you to the ECU (Electronic Currency Unit, symbol Ê ), an alternative virtual private coin, created by a Spanish company, and worldwide vocation.

Against the current "fashion", it is not a cryptocoin but a centralized and regulated currency (but not a LETS system), and combines the best of cryptocoins and the advantages of centralized currencies:

1 - User accounts are anonymous (pseudonym) against third parties (though for opening an account identification will be requested and stored by the company to comply with Spanish Law about Anti Money Laundering and Measures to Combat Terrorism, so the coin will not easily serve to launder money or to finance or commit other crimes, as happens now with cryptocoins like Bitcoin);

2 - There is a constant online control by the users, without any possibility of manipulation of the total amount of currency issued;

3 - There is more certainty and legal protection for users, with backup of operations to restore the last ones in case of theft, fraud, hackers, loss of keys, user death, bankruptcies , etc. in contrast to recent unpleasant events experienced by users of Bitcoins, stolen or disappeared without a trace, bankrupted exchanges, etc ;

4 - It is regulated the maximum number of coins that will be created ( Ê 20 million , each divided into 100 cents only, not unmanageable and countless millions of satoshis per Bitcoin), without any legal possibility to be changed unilaterally by the company that regulates the coin;

5 - We have designed a public and equal rights of access to "mine" Ê 18 million over five years  ( Ê 3.6 million created each year approx.), without buying expensive CPU , GPU or ASIC or energy expenditure, but there will be an annual public offer to buy a fixed limited amount (1,972 ) of Mining Rights to the company, which produced a fixed daily amount of 5 Ê per Mining Right (mining 1,825 Ê/ year per Mining Right bought) .

6 - The formation of "pools" of "mining " is regulated to prevent monopolistic or oligopolistic groups, aiming to allow a wider and geographically dispersed creation and distribution of coins.

7 - Half a million coins are already "pre-mined" and paid to the company as payment for the creation and management of web and monetary scheme . Additional 1.5 million Ê (over 20 millions) are also pre-mined to be sold by the company to anyone who did not want to buy (or is not interested, or can not get ) a Right of Mining, or who want to quickly have a little (or a lot) of them to start trading, saving and buying with the new currency Ê.

Mining has not yet begun. Register your request to become a Miner. Public offer of the Mining Rights and the date of beginning will be posted soon.

8 - There isn't a registration fee to open a user account, nor a cost per transaction nor an account maintenance cost... All is for free, no charges.

9 - In the operative website ( www.community - exchange.org , look for the " ECUC " within the list of Spanish coins) there is also implemented an online marketplace to introduce supply and demand with only Ê currency,  mixed euros and Ê , swaps, etc. which should facilitate the use, extension and coin acceptance worldwide.

10 - Insertion of announcements of offers and requests is free too.

11 - It's also expected to physically create and print Ê bills (with all the safety measures) in the future, once the currency and market is consolidated in volume of operations and value.

12 - We use a simple web interface and intuitive to operate online, based on a well known and long running web platform created for the use of LETS and Hours (Community Exchange , CES) .

13 - We have a friendly web version to operate from mobile phones.

14 - Web in multiple languages.

15 - A payment with Ê is rewarded to Local Coordinators. Positions available worldwide. More info in the website (see below).

Visit us and become a member and/or Local Coordinator of the ECU network for free, buy a Mining Right and/or Ê coins, and begin to use the new global virtual currency. Welcome to the future!

For more information about the project: http://ecucoin.yolasite.com/

To open an ECU account: www.community-exchange.org (CES), and search "ECUC" in Spain.

Best regards.

 Lopez & Valenzuela S.C.

May I ask what I have to show in e-bussiness?...By the way, what shows Bitcoin? And Mt.Gox? Maybe a website and a paid email account?  

Would you really be happier and trust more in me if I pay 5 €/year to get a web domain and a paid email?

Well, we just began last January, give me some time and I will get a wonderful coloured webpage with big flash ads and also a paid account to do exactly the same functions I got for free: a page to inform people and an email to communicate.  

The spanish civil society (López & Valenzuela S.C.) is made by a lawyer and an ingenieur (those are our first surnames).  

Regards

López & Valenzuela S.C.

May I ask what I have to show in e-bussiness?...By the way, what shows Bitcoin? And Mt.Gox? Maybe a website and a paid email account?  

Would you really be happier and trust more in me if I pay 5 €/year to get a web domain and a paid email?

Well, we just began last January, give me some time and I will get a wonderful coloured webpage with big flash ads and also a paid account to do exactly the same functions I got for free: a page to inform people and an email to communicate.  

The spanish civil society (López & Valenzuela S.C.) is made by a lawyer and an ingenieur (those are our first surnames).  

Regards

López & Valenzuela S.C.

Update: This may actually be a scam, he's offering a annual IPO, and I'm assuming that IPO is going to be very soon, plus he never mentions the name of the "Spanish Company" behind the coin or a decent website, or anything really besides text..

Dude, you have nothing to show, you have a free website with some text and a free email account!


Professionals in what?

"Easy corruption"?    The coin is regulated and administered by a civil society, we're just 2 people, fully honourable.

As soon as you create centralized control you open the risk of easy corruption because any company, or governement can come in a seize it.  This is a useless currency.

Useless coin, it's completely controlled and centralized, if there was a corrupt person in the company behind this coin, he could steal everything instantly..

Moving on.

I would like to introduce you to the ECU (Electronic Currency Unit, symbol Ê ), an alternative virtual private coin, created by a Spanish company, and worldwide vocation.

Against the current "fashion", it is not a cryptocoin but a centralized

an experienced, highly qualified, honest and discreet Spanish company of professionals

So basically 100% premine. Ok. Thanks.