A Honest, Unbiased, Unpaid Review of Bitheum (ICO) – A shitcoin in its infancy
FOREWORD
This review of Bitheum is completely impartial. I have not received any sponsorship in any form from publishing this article, neither from the people developing this project, neither from any other entity
All the facts presented in this review are either found in Bitheum’s content posted online, either found in the Telegram group. External links and timestamps will be found throughout this article.
I will always fully disclose any ownership of a certain token / coin which benefitted from my review. In this case, I would not touch this BTH abomination with a 10ft pole.
Concepts and Ideas – General Overview
BITHEUM is a fully decentralized peer-to-peer digital cash, stored and transferred electronically, and powered by computers around the world for a fast, secured and private transactions. It’s like Bitcoin and Ethereum had a baby and kicked him in the head. They will surely have zero transaction fees, will be completely decentralized, it will be extremely fast due to its „super fast lightning pay feature” (easily 15,000 TPS) AND will be fully anonymous. I am more than certain that, actually, a threesome happened due to this baby having some Monero traits as well.
This is not everything. They will also provide „BlazePay Cards” which can be loaded up with dollars or other cryptocurrencies. There are absolutely no details on how this is possible, but that does not really matter. If they say so, they must be right and currently working on it! Why would anyone lie on the Internet?
Here is an image of the ACTUAL CARD HD FOTO
See? L E G I T.
- MY RATING: 9/10!!!!
Information about the people behind the project
The company
At the end of their Whitepaper it says „Bitheum Inc.” I looked it up and it seems a solid company with a huge headquarters, have a look!
This HQ is supposed to be at 19-21 Constantinos Paleologos Street. P O Box.40328. 6291 Larnaca. Despite not being able to find that address or to find the „Bitheum, Inc.” company, I am sure this is all a technical error. Nothing to worry about. I did however find out that the main IP address of bitheum.com is found in California and the following websites are hosted on the same IP address: (for the love of god don't click on any of those)
https://mollyjongfast.com
https://rnsyc.net
https://funsubstance.com
https://bamster.com
http://guiamaconiconacional.com.br
The Team
This is the strong point, the center of the universe, the mother of all things combined.
The Co-Founders are Simon O’Connor and Creg Shelvey. The rest of the team consists of the IT Technician John Mark, the Blockchain Developer Daniel Mikovic, the Marketing girl Ellen Baoming and the IT Programmer Hanokh Roshan & CO. Nobody knows what CO stands for. Linkedin is missing but will be added as soon as never.
Information can only be found about Simon, who is the “founder of fountain technologies, and a director in one of the most patronized web programmer. He’s a great and intelligent IT geek who has always devoted his life to solving the most vital part of human economic problems.” Rumors are he is active in the cancer research field, has helped over 100 Nigerian Princesses store their money safely, is running the biggest organized Twitter ETH giveaways and that he spent his free time convicting the hacker “4chan” for its crimes against humanity.
An image of the glorious Bitheum team:
- MY RATING: 9.55/10!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The Token Sale
The Token Sale nobody shall miss.
34% of the coins are premined, but that shouldn’t be a problem. The price of 1 BTH is $1, the minimum contribution is $100. Softcap $4,000,000, hardcap like $19,000,000. They said they might up the hardcap due to a huge cost of developing the…the you know the…platform, network, whatever. ICO STARTS IN A COUPLE OF DAYS. DO NOT MISS IT!
The Whitepaper – Getting into the inexistent details
The Whitepaper is a thick 30 pages long and has the biggest overall font I’ve ever seen in a Whitepaper. It succeeds at not explaining anything and only providing hopes and dreams for the average investor.
They go on saying they will have zero fees, easy mining, Lightning Pay, Fully private and Anonymous Transactions, The BITHEUM BlazePay card, BITHEUM smart staking and smart Rewards program and MULTI CURRENCY AND CRYPTOCURRENCY SUPPORT OF THE WALLET!
These are exactly the dreams I like craving and personally, they got me at “BlazePay Card”. I will FOMO with my left kidney as soon as the ICO begins! Damn, need to take a break and go for a walk, all these details make me sell my wife and my 2 kids.
- MY RATING: 8/8
Marketing
Top notch marketing. A huge 33 member Telegram group which is only for announcements. A massive follower count of 113 on Twitter, an unbelievable 1,800 likes on Facebook, a very active subreddit and 247 views and almost ONE page of comments on their ANN thread. THE ANN THREAD IS NOT SELF-MODERATED, PROOF OF NO SCAM.
Very beautiful designs of everything. ANOTHER PROOF OF NO SCAM.
- MY RATING: 11/10!!!1!!!1!
The Website
The website is full of colors and useless writing which really give me the vibe that this project will be a blast. They used the colors black, white, red and blue and, according to my knowledge in astrology, they suggest the entry of Jupiter in Leo and, thus, prosperity, luck and fortune. Ignore mistakes like “calender” and “lightening” and let the complete Bitheum experience take control of your mind. (and your money).
Closing words
- Solid idea. An accident of a baby between Bitcoin, Ethereum and Monero.
- Super solid team. Beautiful headquarters. Google and Apple envy them!
- Never-seen before technology. To become the truly next leader in the cryptocurrency world.
- ROI >9,000% a year. Buy now! The more the better (for them)
- Wide marketing. People in Uganda actively talk about Bitheum.
- A bit of competition. No worries, they will be completely ass-blasted.
Always DYOR, but you should never refuse an opportunity like Bitheum. You should not take this article as investment advice, but you really have to buy at least BTH worth at least 2-3 BTC.
Greeting
Thank you for taking your time reading this super-serious review. Had a lot of fun writing this and I hope you were also entertained by this Bitheum project. See you next time.