Bitcoin Forum

Yes. The total supply is not locked, as we will need to be able to add tokens before the end of sale and revoke the unsold amount

With the support of global banking experts and renowned tech veterans, Polybius aspires to build a comprehensive banking solution for all.

Why would you want a Bitcoin bank? I always thought Bitcoin opposes the banking system and was created so each of us can be our own bank.
What can they offer a typical user that he wouldn't be able to do himself? What I like about Bitcoin is that I can avoid other people and handle all my payments myself, directly.

Hi, does some one can prove to me that polybius bank (https://polybius.io/) it is a scam or ponzi scam? With logic, not just saying, It is a fucking scam! bla bla blaa... Thanks!

Looks legit to me. I searched it on google. I found news created by cointelegraph. https://cointelegraph.com/press-releases/polybius-bank-the-first-bank-for-crypto-business

Its interesting. The first bank for crypto. But i don't think it will click. Most crypto users are preffered and confidently keep their crypto on their own.

We can't predict nor say for so early that they are are scam since we doesn't have any strong evidence to point them up so if people are having some doubts about this project well might better if they dig some information that can help their cause and maybe they can find some real info behind on this project.

- No company information
- They have listed down different name under In cooperation with but haven't heard anything about polybius from any of them
- Looks like another project with big promises distributing ethereum based token, so just make deep research before making any investment.

Not confirmed scam, but as with anything, care for your bitcoins yourself, invest yourself.

I found a very interesting recording of a telephone interview with Daniel Haudenschild, who is described as a Partner to Ernst & Young on their website (https://webforms.ey.com/ch/en/industries/financial-services/ey-contact-implementing-new-regulatory-requirements), on Soundcloud dated 6th June 2017, just after this Hashcoins/Polybius ICO scam started. The interviwee is a long time Bitcoin adopter & is very knowledgable in the field - this comes across very clearly in the interview with the questions he asks, which Daniel Haudenschild fails on all fronts to give an answer to.  Have a listen (ignore the first 30 seconds of silly music!):

https://soundcloud.com/junsethsworld/daniel-haudenschild-of-ernst-young-discusses-polybius-ico-6617-1151

There are several points of interest in the interview, here are a few that are relevent to this scam accusation:

1) 04.35 - Hashcoins confirmed as the people behind Polybius.
2) 06.30 - They don't hold a banking license.
3) 07.40 - Daniel Haudenschild admits that even he doesn't know who owns Polybius, which is not only strange coming from an "advisor" who works for Ernst & Young, but is also not disclosed in the white paper.
4) 09.10 - Ernst & Young did NOT endorse Polybius in any way & actions are underway to remove any Ernst & Young connection with Polybius. (*more on this below)
5) 09.30 - Hashcoins are a cludmining brand who sold miners that didn't exist.
6) 09.50 - Emercoin confirmed as partners & are described as a "non-sense project" :):) (confirming the connection between Polybius, Hashcoins & Emercoin - which Emercoin have tried to deny on multiple occasions, despite me proving to them otherwise)

After the above & for the rest of the interview, Daniel Haudenschild seems unable to properly answer a single question, is often confused into silence & comes across as being pretty embarrassed about the whole thing. He must feel pretty stupid allowing not just himself, but the whole Ernst & Young brand name to be dragged into this whole scammy affair & I wouldn't be at all surprised if he loses his job at Ernst & Young for doing so.....

Wait, what's this?.......**MASSIVE UPDATE**

Daniel Haudenschild lost his job at Ernst & Young......:):)

FT published a transcript of the above interview:

https://ftalphaville.ft.com/2017/06/07/2189826/building-blockchain-banks-with-icos/    (regtoread)

Updated at the bottom with:


*Ernst & Young have since instructed Polybius to remove all reference of Ernst & Young from the Polybius website & advertising. Polybius removed the Ernst & Young profiles from their website but continue to use it for advertising on various forums, websites & so called "news" outlets on the web:

https://www.cryptoninjas.net/2017/05/15/swiss-ey-officially-joins-polybius-cryptobank-advisors-ico-follow/

https://www.cryptoninjas.net/2017/04/25/blockchain-startup-polybius-bank-setup-switzerland-ernst-young-agrees-advise/

If Ernst & Young are prepared to fire anyone who associates their brand with Polybius, I'm pretty sure they will also go after Hashcoins/Polybius too. I hope they do, it will save many people getting ripped of by Hashcoins again, but you can do your bit too by contacting Ernst & Young using the below link (Fraud Investigation):

https://webforms.ey.com/uk/en/services/assurance/fraud-investigation---dispute-services

Let's be honest here, if Polybius are prepared to lie about their association with Ernst & Young then brag about it on the web - what else are they lying about? Add to this the fact that Hashcoins (older crypto users will know about them) are behind all of this & you've got a scam the size of Mt Etna waiting to explode.

Another point to mention here is the OP of the Polybius thread, nixoid, aka: Andrey Zamovskiy, founder of Ambisafe. nixoid has posted many ICO posts lately & I've read reports on most of them being a similar type scam as Polybius. I'm not sure if Ambisafe are connected to Hashcoins/Polybius - but the fact that Ambisafe are promoting them here & on their website is cause enough for concern:

https://bitcointalk.org/index.php?topic=1848751.msg19734730#msg19734730

All these scam ICO's are the scurge of crypto. For every legit one, there are 100 scam ones. The sooner we cleanse crypto of them, the better crypto will be for it.

I'm sure I'll get more BS neg-reps from the multitude of Polybius shill accounts (they love posting about it on their thread:)), but I really don't care tbh. I believe that if I can stop one person getting scammed then it's worth it - & the intelligent forum users here will see straight through the false trust anyway.

OK. Bash away :)

Hello Hashcoins,

I'm glad my information is forcing you to post a reply, but you seem to have made a few mistakes in your posts. No problem though, I can help you out.


A lie. EY never at any time gave you permission to use their name or logo. Also, EY told you to remove the use of their logo long before they sacked Daniel, as can be clearly heard in the recorded conversation I posted.


Who? More Hashcoins scammers?


At this time? You never were or have been, as can be clearly heard in the recorded conversation I posted. Another lie.


Sure he is - he must be really pleased you got him fired & must feel he owes you a great deal....:) Advisory board to who? He's already stated that he doesn't have a clue who owns Polybius...lol  I'll contact him & find out.


More than a lie. Plain BS.

You seem intent on continuing to post lies even after verifiable proof has been presented, both written & recorded. As much as bitcointalk forum users are used to Hashcoins lies, this level of BS is unheardof - even by your standards. Must try harder.

I hope you're all aware that the Hashcoins crew are behind this ICO.

The same Hashcoins who stole 1000's off of forum members by selling mining hardware that doesn't exist.

https://s12.postimg.org/t4j1mhwlp/HC1.png (https://postimg.org/image/9zfscqhxl/)free photo hosting (https://postimage.io/)

Not a single item delivered.

Then they abandoned their thread:     https://bitcointalk.org/index.php?topic=417623.msg19333790#msg19333790

The same Hashcoins are doing numerous ICO's on this forum.

https://s30.postimg.org/kovjkjy7l/image.png (https://postimg.org/image/65oej552l/)image ru (https://postimage.io/)

Research & use due diligence before throwing your hard earned cash at these people. If you are comfortable giving your money to these proven scammers, go ahead.

Just a friendly FYI. Good luck.

ico - check

russians - check

total shitshow or scam?

bingo.

look up neo and bee. that had ambitious banking plans, premises, identifiable people and it blew everyone's money.

Hi, does some one can prove to me that polybius bank (https://polybius.io/) it is a scam or ponzi scam? With logic, not just saying, It is a fucking scam! bla bla blaa... Thanks!

lol... what the difference of scam or ponzi scam for us?

you have already known it's a fucking scam, right?

(LMAO) It's fucking scam, The main reason is why are we need the polybius bank? What is the advantages by using it if you can make yourself to be your own bank. The idea doesn't make sense to be applied in crypto.
That just another shit to grab a lot of money

- No company information
- They have listed down different name under In cooperation with but haven't heard anything about polybius from any of them
- Looks like another project with big promises distributing ethereum based token, so just make deep research before making any investment.

They haven't set total tokens to be sold during ICO, which shows that they are trying to collect as mush as possible and couldn't find what is the minimum amount they want to sell.

So does it mean that they are not legit? I also believe that if any company is just claiming that they going rais big billion USD and will distribute the profits doesn't really mean will be a success in the future. What are there plans and what is the step by step procedure for its execution is also very important to know before we can invest into such companies.

I guess they've been developing their company capability and for now nobody still knows that  how legit are they to people who were connected with them since the beginning of their ICO. The motive of the bank polybius is good and I think profit has to go more progress in the future, so we should wait for another updates and lets see soon what's the actual outcome.

I question whether or not they raise how much they claim to have. This would put them on par with the largest ICOs there are, almost at the top, yet almost nobody even knows about them. That in itself is questionable.