[UPDATE - ETH BITS IS LEGIT AND STARTING ON 27TH MAY!!!] I' such a FOOL! Was Ethbits a scam which stolen 13,786 ETH (2 400 000 USD)?
NO SCAM IT'S LEGIT I'M SORRY
No signs of activity
The last post was right after the ICO had closed, 14th May on their Twitter:
ONE Week later and we still have no hearing from them, both on Twitter and Bitcointalk. There is no working Telegram, only Reddit link works, but it's also silent there...
Unfortunately I got fooled too. Too much hype and not enough common sense and research. But there is no point in regret because now my senses will be sharp enough too spot any bullshit scam out there.
Suspicious behaviors to look for:
- deleting user pots,
- changing thread to moderated,
- not being able to answer questions or avoiding them,
- not showing any working pre alpha,
- no Linkedin links to prove that the team is legit,
They should be considered a RED FLAG.
If it's not a scam then I hope that now they are going to release a statement to calm down investors but unfortunately I'm sure that they won't.
One more thing that saved me is a diversification. Because I had put only relatively meaningless part of my crypto investment budget so I'm not gonna cry. There is always huge probability that 1 of 10 ICOs will be scam.
I would avoid putting a penny into VOICE or MONACO because they are fishy.
It happens to all of us, if you invest in crypto you are going to be lied to, but the right thing to do is to tell everybody about scammers and cheaters. Keep on sharing your crypto knowledge.
Yes I take that risk that avoiding scam won't always be possible. Thank you for appreciation.
SUCKS!
I was checking their Twitter now and see you asked them a question, along with another dude saying there's no slack link to join anywhere.
Perhaps you can dig further and find its founder? I always look for the founders and the team to invest. Then again, I play very small.
This makes me glad! Wish you more luck and success!
I was too hot-headed...
They are already all over booze and hookers on some yaht...
I almost invested in ethbits, but then just stocked up on more peerplays instead. The roadmap for ethbits put me off, and not knowing much about it.
I wasn't even tempted by Ethbits, because the name put me off.
What's your take on Exscudo? It's ICO is still underway. The concept looks good, but the team behind it seems a little lightweight to be running a decentralized exchange.
I already bought them, they looked much more legit thoug.
I got snookered by the Plastc card developers, along with a lot of other people. Plastc allowed us to pre-order their smart cards, promising delivery in April. Didn't happen. They've closed up shop and are seeking Chapter 7 bankruptcy. And it's been long enough since we all paid that there's no way we can get our funds back by contesting the charges.
Looking back, I can't understand why I thought it was a great idea, because cryptocurrencies now have become as convenient or more so than credit/debit cards.
I'd like to think ETHbits is going to open (at the end of May) as they said they would. they raised enough capital and are an existing business already !
I wouldn't worry too much (I think).. It will probably turn out to be a very good investment.. If not, I hope you all didn't put too much faith in it !
investments can go up as well as down
I hope you are right!
They will! I received a reply on Twitter today:
https://www.meetup.com/Bitcoin-HK/events/240234541/
;)
there you go... I got an email today with very detailed instructions on how to obtain tokens through myetherwallet, etc THE TOKEN HAS BEEN DISTRIBUTED >> ETHbits is on it's way !
Ethbits is not scam, the time will show you this :) no worries
funny to see how FUD could spread easily by pseudos shady detectives . near future will talk by itself ... let's see who ( and how) they will looks fool ..
I got my ETHBIT payments too from a bounty ;) Planning to sell all my ethbit for the sake of my previous tweets promotion for them.
I feel sad for this ETH scam thing..