Bitcoin Forum

What Happened: https://bitcashpay.net (https://bitcashpay.net) Plagiarism of white paper.

flag: https://bitcointalk.org/index.php?action=trust;flag=2364

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ANN Thread BitCashPay: [ANN][PRESALE]BitCashPay -The Blockchain Solution for Every Cashless Transaction (https://bitcointalk.org/index.php?topic=5279186.0)
Archived : https://web.archive.org/web/20200930200922/https://bitcointalk.org/index.php?topic=5279186.msg55289628
User : Bitcashpay (https://bitcointalk.org/index.php?action=profile;u=2859362)

Bounty Thread : [BOUNTY] BitCashPay - $1,000,000 worth of BCP!! (https://bitcointalk.org/index.php?topic=5279211.new#new)
Bounty Thread archive: https://web.archive.org/web/20200930202255/https://bitcointalk.org/index.php?topic=5279211.new
User : Bitcashpay (https://bitcointalk.org/index.php?action=profile;u=2859362)

Homepage BitCashPay: https://bitcashpay.net (https://bitcashpay.net)
Archived Homepage : https://web.archive.org/save/https://bitcashpay.net/

Whitepaper : https://cdn.bitcashpay.net/bitcashpay-whitepaper.pdf
Whitepaper archive: https://web.archive.org/web/20200930200807/https://cdn.bitcashpay.net/bitcashpay-whitepaper.pdf


BitCashPay
https://i.imgur.com/X2hMCw2.png
iotex
https://i.imgur.com/EtaiV2o.png

BitCashPay
https://i.imgur.com/cJkjZUX.png
iotex
https://i.imgur.com/WSB5gPZ.png

BitCashPay
https://i.imgur.com/HnaXwBC.png
iotex
https://i.imgur.com/1Wx6eX3.png

Money is the reason why such people exist on this forum. Investment projects flood the Altcoins section every week, maybe daily, and most likely the vast majority of these ICOs are scams. theymos has already suggested that someone develop a certification process (https://bitcointalk.org/index.php?topic=2070397.msg20678014#msg20678014), but this idea was not crowned with success.

P.S. It would be interesting if someone plagiarized the WP of HoweyCoins (https://bitcointalk.org/index.php?topic=3920469.0)  ;D

Plagiarism is really a chronic issue among crypto projects. I've checked this BitCashPay project and they have already existing use cases. From their advertising project, they have good figures already, millions of dollars in withdrawal. So I don't know the authenticity of the numbers published on their advertising website. You can check their analytics on this site.

https://globalpowerline.net/

Although the wordings used on their whitepaper and website may seem elementary to most, their future integration of their current use case from their local businesses would make it look more legit than most projects out there, those even with good website and whitepaper. I would not flag this as "possible scam" if it were me but due diligence should be encouraged not only in engaging but also in everything in this crypto space.

Their bonuses has both advantage and disadvantages so I would leave that to the possible investors.

This is the response of our whitepaper writer regarding this matter.

https://i.imgur.com/adojcCP.png

We have updated our whitepaper and it is now on v2.0. The content of this whitepaper are subject for change as the development of this project goes along. We are serious in the project that's why we developed the use cases first before launching the token.  Anyways thank you for the critic.

So is there a possibility that you will change your mission and goal to sell your site in the future and it is not written in your whitepaper at this time? Who actually shapes your mission, your team or just your whitepaper writer?

A serious project has a real and original mission and goal.
I see that your marketing plan is plagiarized from sonata dot ai project (https://neironix.io/documents/whitepaper/7075/whitepaper-en.pdf)  which proved to be a failure and is currently listed on godaddy for sale (https://www.afternic.com/forsale/sonata.ai?utm_source=TDFS_DASLNC&utm_medium=DASLNC&utm_campaign=TDFS_DASLNC&traffic_type=TDFS_DASLNC&traffic_id=daslnc&).

https://i.imgur.com/vHehhwg.png https://i.imgur.com/wDQTPxi.png

Reported to CryptoScamAlert
https://cryptoscamalert.com/crypto_scam_report/697

Its looking like great scam. I was go the official telegram group, chatted for scam report. They simply block my telegram account. Not only one but two account. This possibly scam. But in their group i faced many user already invested on their platform.
I think we need to all report scam on their telegram group & put negative trust in bitcointalk profile.
https://i.snipboard.io/QjluM3.jpg

I am not so easy with the numbers on their website because it could be manipulated to attract a lot of people's attention, again projects that do plagiarism will not survive success in the end they will go away with the money in the can.

So it is only nonsense if there is a rebuttal from them, with evidence that is not strong enough to be argued.

Noticed Bitcashpay from bounty hunters Facebook campaign. There was someone on my friend list who is promoting that platform. Then I take a quick look on it, I found their monthly reward for staking token (https://archive.is/b4jKj). Paying 7% monthly and locking funds for at a certain period. I had been assuming that is a Ponzi scheme and use a quick search on the forum to look if there is an existing thread on the forum. Eventually found this post. I believe plagiarism is enough to tag them and there is a hidden Ponzi scheme as well. I wouldn't trust them with a penny.

Support flag and tagged as well.

Any project that plagiarizes whitepaper is considered red flag and scammish. It’s not an excuse that they’re being lazy to write the whitepaper in their own words originally. This deserves a red flag in order to save the funds from new investors and the time spent for promoting them in their bounty campaign.

As for the ones who already put their money on BitCashPay, you just have to pray that they may return the money to you. However for me, the chances are unlikely because once they saw this scam accusation, they would perform an exit scam and the “Aaaaand it’s gone” moment.

We don’t just simply invest in a project without doing our own research, especially if the whitepaper is plagiarized.