What is eBtc and why you should not understimate it?
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If you are in the cryptocurrencies world, you've certainly heard about these new eCrypto that are now fashionable, everyday there is a new eCoin! eBtc, eCash, eDoge, eLtc and .... whoever has it, puts it more ..
These coins are given in the form of Airdrop to all users who enter their own data to receive them.
Very often most of them are a waste of time, administrators only want to accumulate user data or at worst create coins and sell them to the ignorant buyers.
Amongst all there was one in particular that has made a considerable figure for all the participants .. I'm talking about eBtc.
The eBtc has been donated not even a month ago, 2457 coins per person to be precise.
They did not have a whitepaper, a site, an administrator's face, nothing ... and yet they hit a peak of $ 0.80 each ... and here's the Airdrop's $ 2000 value. Not bad considering that it took 2 minutes to complete the registration.
Obviously there is always something bad after something good happened..
In fact, after a few days, it was discovered an error in the contract code, which would have allowed to create coins infinitely (and not just the 21,000,000 pre-established), so the administrator dropped everything and sold a lot of the eBtc in its possession. A collapse from $ 0.80 to $ 0.10 in a few days ... so here's how many people have been literally destroyed, capitals vanished in a few days ..
Fortunately, the Administrator repented and left all the gains and private keys to new directors; he had created something too big for his expectations, and he found something unmanageable in his hand.
The new administrators are fortunately working hard and making a lot of progress, one of which was to list eBtc in one of the biggest exchangers: HitBtc! (which if I do not remember well, also asks for a 10 Bitcoin tax to list a new currency).
From that moment on, the coin has begun to take on value and is currently settling around $ 0.25 each eBtc.
At days they should release the whitepaper, and there we will find the real value of the coin.
To be honest, this currency has absolutely nothing innovative, but has a trivial idea on its part: Bitcoin (which is slow and expensive in its transactions) under the Ethereum blockchain (which makes transfers fast and cheap). Basically it is (and will be) only the name of this coin and the great community behind it to make it success ( if this will ever happen), nothing more ..
But .... why not take advantage of it? And who knows, maybe with just the coins they give us, we could buy something like this in few years ... After all, what do I have to lose?
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