Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Brian TH on October 27, 2018, 10:32:00 PM



Title: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: Brian TH on October 27, 2018, 10:32:00 PM
I am thinking to invest in this project - Bitcoin forum link https://bitcointalk.org/index.php?topic=5058492 (https://bitcointalk.org/index.php?topic=5058492), what do you think about this?
Union Bank Payment Coin
Symbol: UBPC
Accepted Currency: ETH, BTC
⟠ Ethereum (ETH) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 ETH = 500 UBPC + 20% bonus (01.01.2019)
₿ Bitcoin (BTC) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 BTC = 7000 UBPC + 20% bonus (01.01.2019)
1 Union Bank Payment Coin (UBPC) = 1 Swiss Franc (CHF)


Title: Re: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: Psynthax on October 27, 2018, 10:54:44 PM
I am thinking to invest in this project - Bitcoin forum link https://bitcointalk.org/index.php?topic=5058492 (https://bitcointalk.org/index.php?topic=5058492), what do you think about this?
Union Bank Payment Coin
Symbol: UBPC
Accepted Currency: ETH, BTC
⟠ Ethereum (ETH) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 ETH = 500 UBPC + 20% bonus (01.01.2019)
₿ Bitcoin (BTC) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 BTC = 7000 UBPC + 20% bonus (01.01.2019)
1 Union Bank Payment Coin (UBPC) = 1 Swiss Franc (CHF)

Lol is that real if that stable coin was offering the bonus? this looks a scam project. It can't be trusted dude, i never heard if there was a stable coin project that offers the bonus to the investors or even participants.
I will not invest my money on such project.


Title: Re: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: JimmyNg90 on October 28, 2018, 01:05:57 PM
Lol is that real if that stable coin was offering the bonus? this looks a scam project. It can't be trusted dude, i never heard if there was a stable coin project that offers the bonus to the investors or even participants.
I will not invest my money on such project.

 :D The first question appears in my mind while I read the subject: Investing in stable coin, what for? It's stable and just exchange fiat - stable then losing fees. It looks like: Hey, you give me $100 and I will give you back $120. What a best kind of investment!!!


Title: Re: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: dearbesz1219 on October 28, 2018, 01:10:12 PM
I am thinking to invest in this project - Bitcoin forum link https://bitcointalk.org/index.php?topic=5058492 (https://bitcointalk.org/index.php?topic=5058492), what do you think about this?
Union Bank Payment Coin
Symbol: UBPC
Accepted Currency: ETH, BTC
⟠ Ethereum (ETH) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 ETH = 500 UBPC + 20% bonus (01.01.2019)
₿ Bitcoin (BTC) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 BTC = 7000 UBPC + 20% bonus (01.01.2019)
1 Union Bank Payment Coin (UBPC) = 1 Swiss Franc (CHF)

Lol is that real if that stable coin was offering the bonus? this looks a scam project. It can't be trusted dude, i never heard if there was a stable coin project that offers the bonus to the investors or even participants.
I will not invest my money on such project.
Same opinion. I have never heard about this coin.
If it is a stable coin, it should be backed by fiat money. And who will give you free money, only for buying in bulk? Noone.


Title: Re: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: sacskate on October 28, 2018, 01:30:58 PM
I am thinking to invest in this project - Bitcoin forum link https://bitcointalk.org/index.php?topic=5058492 (https://bitcointalk.org/index.php?topic=5058492), what do you think about this?
Union Bank Payment Coin
Symbol: UBPC
Accepted Currency: ETH, BTC
⟠ Ethereum (ETH) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 ETH = 500 UBPC + 20% bonus (01.01.2019)
₿ Bitcoin (BTC) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 BTC = 7000 UBPC + 20% bonus (01.01.2019)
1 Union Bank Payment Coin (UBPC) = 1 Swiss Franc (CHF)

i do not understand if it is stable so how can you benefit from buying and how it offers a fixed bonus ?
i am  really confused can you give more details


Title: Re: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: Reinz12 on October 28, 2018, 01:47:18 PM
I am thinking to invest in this project - Bitcoin forum link https://bitcointalk.org/index.php?topic=5058492 (https://bitcointalk.org/index.php?topic=5058492), what do you think about this?
Union Bank Payment Coin
Symbol: UBPC
Accepted Currency: ETH, BTC
⟠ Ethereum (ETH) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 ETH = 500 UBPC + 20% bonus (01.01.2019)
₿ Bitcoin (BTC) to Union Bank Payment Coin (UBPC)
An exchange rate: 1 BTC = 7000 UBPC + 20% bonus (01.01.2019)
1 Union Bank Payment Coin (UBPC) = 1 Swiss Franc (CHF)


Some of the projects that I saw and said were stable coins and backed up by something never with  1: 1 calculation
They average a ratio of 1: 0.01 or 1: 0.014
So I think I have to be careful because it seems to smell like fraud. personally, I will not invest in a project like this


Title: Re: UBPC stablecoin, backed by the Swiss Franc(CHF). Buy or not?
Post by: Brian TH on October 28, 2018, 04:52:24 PM
I have read about bonus on their official website - https://www.unionbankag-invest.com (https://www.unionbankag-invest.com)