Bitcoin Forum

Today I see this news on Reddit. This is About Glitzkoin's CEO
https://www.reddit.com/user/icoscamfighter/comments/8pda25/glitzkoin_scam/ (https://www.reddit.com/user/icoscamfighter/comments/8pda25/glitzkoin_scam/)

and these are some links from that thread
here is more about the CEO:

1https://www.herald.co.zw/indian-diamond-businessmen-face-extradition/ (https://www.herald.co.zw/indian-diamond-businessmen-face-extradition/)
2. http://epaper.timesofindia.com/Default/Layout/Includes/MIRRORNEW/ArtWin.asp?From=Archive&Source=Page&Skin=MIRRORNEW&BaseHref=MMIR%2F2010%2F12%2F06&ViewMode=HTML&EntityId=Ar00800&AppName=1 (http://epaper.timesofindia.com/Default/Layout/Includes/MIRRORNEW/ArtWin.asp?From=Archive&Source=Page&Skin=MIRRORNEW&BaseHref=MMIR%2F2010%2F12%2F06&ViewMode=HTML&EntityId=Ar00800&AppName=1)
3. http://archive.indianexpress.com/news/jewellery-firm-md-held-for-cheating-brother/1207094/ (http://archive.indianexpress.com/news/jewellery-firm-md-held-for-cheating-brother/1207094/)

what's your opinion about that?

and sadly, Glitzkoin is Rated as 4,4 on IcoBench
https://icobench.com/ico/glitzkoin (https://icobench.com/ico/glitzkoin)

ico is still running and soft cap has been achieved, ico bench also gives a good rating, but a good rating is not a guarantee that ico is promising. I have also participated in his signature campaign and I hope glitzcoin is not a scam.

the information you provide has also been posted in their announcement thread, but it seems to have not received a response from the glitzcoin team, it also makes me ask myself and doubt it.

I did pass this ico because i noticed nothing interesting in this project . but now scam allegation creates more doubt . don't know whether they are true or false but news articles + project valuation = ass this ico totally .
regarding ICO bench site reviews then seriously i don't completely believe all those reviews , even score also can be manipulated their with marketing or PR team . so don't rely on just 1 rating site for any ICO .

This will be awful as so many funds have been collected. It would be a huge lose for the investors that believed in this project and give their money to these guys.

I will be waiting for an announcement by the team. However, as the time goes by and they do not give explainations possibly it is a SCAM.

But Untill this time, the Telegram.group is still active and the ICO is still running.
In one of the article, I found that, the Fund That was cheated the CEO, was transfered to their Mother, it means Goenka's mother.
But I hope It is not a scam

From page 6 on wards most of Glitzkoin White paper was copied from CEDEX white paper.

Well this is alarming, any new evidence?

I would definitely avoid this ico for the moment. They are not active on their social media accounts and besides they have very low detail of the project.

I heard from some friends that Today is the distribution day for the tokens. And they will list the tokens on the exchange on end of July,just wait and see

yes, i got tokens! lot of other members also got. all good so far.

I'm in 8 weeks. for the signature received 270 tokens and for twitter 8 weeks received 15 tokens !!!! no table, none of the bounty members can see how much he got !!!
now tell me this is not scam?
TOKEN PRICE 0.2$

I've written a 3 article for 25 GTN ? Come on get life fella.

I actually didn't get anything but follow the signature for 5 weeks :'( which became strange why the spreadsheet locked though nicer if not locked because more just according to me

Maybe it is due to their rules of the bounty,some bounty won't give any rewards if you left out the campaign in between.But I am not sure this is the case you didn't receive any rewards.But next time join in the campaigns with the reputed manager this will help you to avoid stake problems and also decrease the chance of scam.

And they ban people from telegram for bounty related quations.Many people dont receive rewards.I receive 400 gtn = 80$ for video.

The project is a Scam. Everywhere write that they are scammers, otherwise they will continue to deceive people

The worst thing I see in this thread is that there are no answers from the authors of the project ...
And this unambiguously leads me to one idea: that the project "Glitzkoin Scam" is a complete fraud.

The project is still running and I think soft cap has been catch already... Try to open of make copy of this in scam accusation page, perhaps they will help us investigate..

These scammers cut down 10 times the bounty rewards without any warning. I'd got a penny for the top-rated article.

It is possible that not 10, and 100, these scammers are not trifles) So far, they have no equal in arrogance and cynicism, they are trying to expose themselves as victims https://www.glitzkoin.com/infopedia/glitzkoin-averts-russian-scam-gets-listed-on-crypto-exchanges

I am very sad to see what is happening now. The project team Glitzkoin accused, quote:" Russian scammers " in their problems. What the inarticulate justify and explanations from Glitzkoin, in which there is no evidence and constructive argument. But I don't understand why bounty hunters don't help each other!? We don't have a Union, but we can help each other. This is what happened to AllMe, let's help those who participated in the Glitzkoin bounty campaign!!!

I agree with you all 100%.

The authors of this project can only advise - do not invent tales of the Russian scammers (it's ridiculous you are not Trump and Clinton  ;D), but just take yourself in hand and admit that you deceived the hunters who were distributing your project.
P.S. It is better to acknowledge the error later than to justify yourself further ...

Yes , that is true, its like Redmee, they are just wayting for our team! ;) A couple of days and they will loose all investors.

I can only say one thing - after this bounty I have left a sense of disgust. Glitzcoin team drove from bountyhunters is not good, a closed spreadsheet, no explanation for bountypool, payments which were near to zero. I hope karma exists.

Thanks for all this info guys. It helped me make an invest decision .... and at the end I decided to put some money into this project. So far things seem to be going good for the project. I mean, when more than 80% of the cryptos floated in the last 10 months are quoted at 70% of even 90% below their ICO price, these GLITZKOIN guys seem to be doing pretty good. In the end, it is all about making money. Did read those links with interest, conflicts, jealousy, rumors etc is something that every business has to face. As far as family squabbles are concerned, some of Asia's top business families have such incidents. In any case, the information shared here is appreciated. Hope that all you guys are doing well now. Stay in touch.

I also paid less for the generosity counted on one thing turned out the opposite. I present to you the project Https://nodex.trade study can anyone like it!