Bitcoin Forum

Hello, so i recently came across this new ico

Ann Thread : https://bitcointalk.org/index.php?topic=1852406.0 (https://bitcointalk.org/index.php?topic=1852406.0)
Site : https://ico.ethbits.com/ (https://ico.ethbits.com/)

1 More day to ICO

5 million tokens
each token price 0.01 ETH at start

Any comment on this?

it is a getting rich quick scam running wild, nothing more to it.
it is all about wild wild west getting rich quick scam ico's nowadays,  when it's done then your bitcoin is gone. most using this scam etheriuem as their base for scam ico because most people like it, they think dark force is behind it.

Seems like an well organized project.The Core team also looks  well experienced.
 However,personally I don't like the project or their concept. They've derailed too much from the core of an 'alt-coin project'.According to their white-paper their end goal is to
They want to make it commercial since the beginning.I'm not ready for this yet.Not until we see a paradigm shift in terms of tech and security.

Please read on the previous discussion, it looks like they're using the same design with previous scam ico. But this project is really suspicious in my mind. We will need more analyzation to determine that is really a good project. I just take the point about his escrow. their idea is really dumb in my opinion.

They changed their thread from unmoderated to moderated because they cannot stand investigations and criticism  that's make this a suspicious project,they told people that they want to protect early investors but the fact is investors wants to know if what they are investing is legit so it's really is suspicious.

Why not people living in the USA can psrticipate of this ICO?

Perhaps its against their country Rules and regulations

Not sure about it but

Few of the past ICO Don't accept resident from US too