Why TBC (The Billion Coin) is a scam!!!!!!!!!!!!!!!!

in #scam7 years ago

Big Disclaimer!!!: All should be aware of the big scam products out there related to crypto. be very careful what you join or invest your hard earned cash into. With that lets highlight some fake, scam and fraudulent program or products related to crypto currencies and why you be aware and know how to stay way from. Cryptocurrencies are here to stay and for the longterm into the future. it is great to weed off scam and fraudulent programs that give crypto currencies a bad name.

Ponzi Alert❗❗❗
Stay away from TBC

1.They claim is not market based. Its a pure lie because the first characteristic of a crypto is having a market. How can a currency not have a market and still claim to be a crypto.

  1. It’s value always goes up. That is not supposed to be, unless it’s value is determined by the owner of TheBillionCoin and not by the market because there is no cryptocurrency which its market value goes up at all times. It is just a mechanism to look for more members.

  2. There is no open market supporting this coin. If at any time this scheme was to fall, all the members will only have a worthless coin, because members can not sell their coins anywhere. The only people making money are the ones selling the worthless coin to innocent people. How can you sell a coin which claims to be worth $43,000 per coin for 10gh.

  3. It uses a Multi Level Marketingstyle which claims the number of members increases the price daily. There is no mechanism behind this.

  4. Uses testimonials and the idea of their trickery of a millionaire board into getting new members.

  5. It can’t be Mined, like seriously? How then are more coins generated everyday.

  6. It has no marketcap, no liquidity and no circulating supply.

  7. The TBC administration only adds false figures to the membership on daily basis and change the price to fool you.

  8. All scam coins advertise themselves for you to come and buy. All scam coins claim to make you rich which just a little money you invest. That's what TBC is claiming. When Satoshis created Bitcoin he never advertised or asked anyone to come and buy.

  9. They keep comparing TBC to BTC (Bitcoin) as a means of gathering more members.
    TBC has nothing in common with bitcoin. They claim bitcoin was also thought to be a scam when it first surfaced.
    The truth is bitcoin was the first mainstream crypto so don't be surprised if it faced challenges.
    Several coins have came after bitcoin(litecoin,Monero,ethereum etc), why is TBC the only one accused of being a scam.

  10. It has no exchanger. That means you can never cashout your TBC, it's worthless. No exchanger will even get that amount of money to exchange 1 TBC for you, let alone 50 TBC. The value is overinflated. It disobeys all know financial laws.

  11. They block your account when you send more than 10 TBC to another wallet. It this what you call decentralized.

  12. There is another scam coin called OBC(One Billion Coin) which was created by the same TBC gang. It has almost the same characteristics.

  13. The TBC administration sometimes steal TBC from wallets and blame it on hackers. No real hacker will ever waste his time to hack a worthless coin like TBC. Unless that scammer or hacker doesn't know TBC is a scam.

  14. As at now there is no report or post about TBC on any officially recognized internet website unless TBC's own Facebook page and their own website. With it's current value and it boasts of dethroning bitcoin, don't you think it should be on a recognized site.

List Of Scam Coins . Stay away from these coins

  1. One coin
  2. The billion coin
  3. One billion coin
  4. Gltc
  5. Gcgr
  6. LCF and LFO chines e crypto currency

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