Rimbit Altcoin - Another Bitcoin Copy Paste. Scam?
Rimbit markets itself as the Next Generation in Digital Currency. It tries to sell itself as unique in many ways. It describes itself as making unique and controversial changes to provide the user with best options available. It does indeed have some controversial changes and slightly unique addition. Though not as unique as you might think. The biggest difference is in the way Rimbit has eliminated the middleman that is the lifeblood of Bitcoin and Altcoins. It goes on to explain that essentially this means that the middleman has been eliminated. That the process of mining (the perceived....
Related News
Newly launched cryptocurrency Rimbit recently entered trading with a whopping $5 million market cap. As we started investigating into this new altcoin, we came to know that it is a purely premined cryptocurrency launched after being "over-funded" by the Indiegogo Forever Funding pilot program. While the word "premining" itself means scam to most of us, Rimbit developer, using the first name Mark, thinks otherwise. To him, a cryptocurrency like Rimbit had to be premined so that no extra mining cost could affect its value in the future. As he stated in a supposedly self-published interview,....
What made Apple such a successful company? You will not be so very far from the truth if you say Steve Jobs or his pursuit of perfectionism. At a young age, he learned the importance of “painting the back of the fence” as good as the front even if no one else will see it. […]
A lot of individuals have fallen victim to cryptocurrency scams by investing in what they thought were real and genuine cryptocurrencies. Despite several campaigns by enthusiasts of already proven cryptocurrencies, altcoin vendors and investors have insisted on the genuineness of their preferred coins. Popularity and followership are definitely not among the properties that qualify a given entity as a real cryptocurrency. As a matter of fact, these characteristics reveal the extent to which these altcoins can be negatively rated at their levels of scam. Angelina Lazar, a rogue economist,....
Instant altcoin exchange ShapeShift.io chose to remove PayCoin from their platform. Today, altcoin exchangeShapeShift.io formally removed PayCoin (XPY), GAW CEO Josh Garza's controversial altcoin, from their list of accepted coins. Citing PayCoin's (alleged) broken promise to buy PayCoins at $20 each, ShapeShift considers PayCoin a fraud. Also read: Coin-Swap Retires Some Altcoins. PayCoin Delisted from ShapeShift.io. ShapeShift made the announcement in a Reddit post. They explain that they originally added the coin due to customer demand but decided to remove it after allegations that....
PRESS RELEASE. Bityard recently launched the copy trading system for CFD (contract for difference) trading, allowing users to copy trading activities from advanced traders, which greatly reduces the difficulty of crypto investment for beginners. Via Bityard copy trading system, beginners can learn how to trade correctly from the experts, and traders who get copied and followed can receive extra profits from each successful trade while getting copied. Right now, Bityard copy trading service is available on different devices including mobiles and PCs. Cryptocurrencies are different than many....