Excoinet.com Is Now Paying 10% More for Bitcoins

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: hugeblack on December 17, 2018, 01:26:15 PM

I am not surprised by the additional 10% I have seen some sites[2] do that but I have not yet understood the economic feasibility of it? "Some projects are real and serve this service."
[2] https://hiribi.com

Excoin now pay 20% extra via Paypal for BTC, that's ~$800 a coin. I can think of no rationale other than money laundering/stolen Paypal funds. No-one pays a premium for no reason.

Re: Hiribi, they appear to be in exit mode. Their $1 UK Limited company has been struck off.
Not that I trust Trustpilot reviews, but Paypal seem to have wised up to what's going on

Quote from: 24th Nov

Accounts limited for 180 days and no one reply email

Quote from: 8th Dec

Paypal closes accounts and returns payments made by hiribi and block the fund 180 days.

This seems to be the inevitable fate of serial Paypal abuse.

Panxora_COO

sr. member

Activity: 563

Merit: 254

Chief Operating Officer of the Panxora Group

Quote from: tmfp on December 06, 2018, 07:04:55 AM

So, at the bottom of your page it says

Quote

The domain www.excoinet.com is solely and exclusively operated by Safecap Investments Limited (‘Safecap’), which is regulated by the CySEC under license no. 092/08 and by the FSCA under license no. 43906. Safecap is located at 148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus.

Safecap is/was part of Teddy Sagi's markets.com operation. They don't mention excoinet anywhere.

Then your "About" page says

Quote

Excoinet A/S is a subsidiary company under Thyregod Invest ApS.

Your embedded link is dead, but Thyregod appear to be a small Danish VC operation. They don't list you as a client/venture anywhere.

Where are you?
Your FB says

Quote from: Facebook

32 Sullivan Chase Dr Avondale 19311, Pennsylvania

Your site says

Quote

We are based in Belgium. Our address is:Emiel Vlieberghlaan 10, 3900 Overpelt

And who is "Thomas Mcdonald, founder and CEO of Excoinet.com" and in what possible business plan is paying 10% over the odds for a widely traded asset a rational idea?

Excellent due diligence.

hugeblack

legendary

Activity: 2646

Merit: 3911

Quote from: tmfp on December 06, 2018, 07:04:55 AM

And who is "Thomas Mcdonald, founder and CEO of Excoinet.com" and in what possible business plan is paying 10% over the odds for a widely traded asset a rational idea?

The site creation date is 2018-11-14 [1] so more questions will be raised.

I am not surprised by the additional 10% I have seen some sites[2] do that but I have not yet understood the economic feasibility of it? "Some projects are real and serve this service."

Quote from: tuty1311 on December 17, 2018, 08:27:58 AM

excoinet.com is scammer , I sent them my BTC a week ago to be transferred to paypal ,they did deliver till now.
their websites is bad and their URL for social media is dead and they did not allow you to post in their forum

Please describe what you have written using this format[3] and create a topic in Scam Accusations.
Sorry for your loss, but it is difficult to recover your money.

Quote from: https://www.whois.net/

Registry Domain ID: 2332494474_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.namecheap.com
Registrar URL: http://www.namecheap.com
Updated Date: 2018-11-14T08:32:04Z
Creation Date: 2018-11-14T08:30:20Z
Registry Expiry Date: 2019-11-14T08:30:20Z
Registrar: NameCheap, Inc.

[1] https://www.whois.net/
[2] https://hiribi.com
[3] https://bitcointalksearch.org/topic/m.2774678
[4]

tuty1311

newbie

Activity: 1

Merit: 0

excoinet.com is scammer , I sent them my BTC a week ago to be transferred to paypal ,they did deliver till now.
their websites is bad and their URL for social media is dead and they did not allow you to post in their forum

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

So, at the bottom of your page it says

Quote

The domain www.excoinet.com is solely and exclusively operated by Safecap Investments Limited (‘Safecap’), which is regulated by the CySEC under license no. 092/08 and by the FSCA under license no. 43906. Safecap is located at 148 Strovolos Avenue, 2048, Strovolos, P.O.Box 28132, Nicosia, Cyprus.

Safecap is/was part of Teddy Sagi's markets.com operation. They don't mention excoinet anywhere.

Then your "About" page says

Quote

Excoinet A/S is a subsidiary company under Thyregod Invest ApS.

Your embedded link is dead, but Thyregod appear to be a small Danish VC operation. They don't list you as a client/venture anywhere.

Where are you?
Your FB says

Quote from: Facebook

32 Sullivan Chase Dr Avondale 19311, Pennsylvania

Your site says

Quote

We are based in Belgium. Our address is:Emiel Vlieberghlaan 10, 3900 Overpelt

And who is "Thomas Mcdonald, founder and CEO of Excoinet.com" and in what possible business plan is paying 10% over the odds for a widely traded asset a rational idea?

Smedia.Club

member

Activity: 149

Merit: 11

in short what is it that you do exactly?

excoinet

newbie

Activity: 13

Merit: 0

Many may be wondering what stands behind this company’s appetite for Bitcoin. At the heart of Excoinet there is a handful of people who have financial and economic backgrounds and are confident they know what they are doing.

While investments are in excess of USD 1 Mil already, the company is going out on the market for more, offering even higher rates for Bitcoin purchase. These weeks the offers stand for 10% above Blockchain’s official rate.

“We’re aiming high achievements with this company and so it is our business strategy. At this stage, our main focus is purchasing as much Bitcoin as we can. We are on a budget but haven’t reached its bottom yet. We cannot go public with our future business plan at the moment because it is easy to have competitors steal our ideas and we don’t want that to happen. People may be asking what do we have in mind and many have been wondering if this business makes any sense, as we’re buying expensive Bitcoin, but we have a strategy behind all this and we are confident we’ll surprise the market in a very good way soon. We’re planning on a business that will bring even more value to the cryptocurrency market,” declared Thomas Mcdonald, founder and CEO of Excoinet.com

Topic: Excoinet.com Is Now Paying 10% More for Bitcoins (Read 191 times)