A NEW FISHY SCAM? IT'S LSBTC NOT BTCX!
There is a new BitShares/OpenLedger scam going on right now. If you didn't know there was a third Bitcoin born on the Great Fork of August 1 from the godfather of Bitshares and the Hero himself called Light Speed Bitcoin (LSBTC).
At the start it was called BTCX, but the name was changed! Currently LSBTC exists only virtually on the BitShares blockchain waiting for the BitShares holders to vote to fork in the code and release it. LSBTC will be then sharedropped to the people that have Bitcoins.
LSBTC represents the biggest change and greatest improvement of all three, boosting Bitcoin performance to unlimited scalability of the BitShares/EOS technologies. Like Bitcoin Cash, every one of them belongs to the original owners at Block 478558 - the only true source of legitimacy.
https://steemit.com/bitcoin/@stan/bitcoin-s-magnificent-seven
THE SCAM
Some people used the old name and created BTCX tokens with an account called openledger-btcx and are now "share-dropping" those tokens to people. However BTCX is not from the cryptonomex and don't have any features or value I know of. They just exist.
Some people bought a lot of BTCX and now are holding a useless token that they will try to sell back in a loss. They had been scammed and because those tokens are still very new it will be share-dropped to many more people and there will always be the one guy who will fall for it. I hope it will not be you.
Maybe the amounts are not that crazy now, but scam is a scam and it should not be tolerated in any way!
Even if the scammer would sell the tokens to the buyers he would still be in a profit, because to create an own UIA in the bitshares ecosystem costs like 600 BTS. Please don't fall for stupid scam like this one.
Or am I wrong about it? Comment below.
Thank you!
My previous posts:
https://steemit.com/gaming/@eirik/and-just-like-that-the-international-2017-ended
https://steemit.com/bitshares/@eirik/how-to-outsmart-trading-bots
This is a good post indeed, thanks. I guess that this Light Speed Bitcoin is created by our people in steem, eos and bitshares? can we buy and invest via openledger wallet? need more info on it. Thanks for sharing
Yes the firm is called cryptonomex and the main guy is @stan, the godfather of bitshares.
It is not up yet and also it will be sharedropped to people having bitcoin. Follow @stan for more info about it. :)
Thanks...keep me in the loop just in case I forget. Thanks a lot
people have to be very careful in this jungle of cryptocurrency. great information eirik !
very true indeed!