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if you search for michael stollaire (ceo) and his company u will see that his company EHI is just a shell. its office is his house. his revenue is not even above 500k for his company yet he claims to have big MNC clients like disney and microsoft but he is in fact just a small reseller of servers and he is just using their logos.
just search on reddit for titanium bar scam and u can see tons of threads on this ICO
the ceo was informed of a the hack but he went to a birthday party and only came 7 hours after the hack after finishing celebrating it while millions of dollars were stolen.
then he appeared after 7 hours and said i have to put my daughter to bed and disappeared LOL
and he only reported the theft the next day and said in group chat, so he actually told the thief that nothing was being done for 24 hours and gave the culprit and time to run as no charges were filed yet.
lol he gives lots of empty promises and his full of hot air and tries to hype his coin but no solid work is done.
get out of this scam asap
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advise to you. sell your coins as soon as u get the new TBAR.
this project is a scam
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This thread is actually the only place to speak freely.
their 2 telegram groups, TBIS official and Unofficial immediately ban you if you try to speak up about the project or are concerned.
On the day of the hack/theft/scam whatever, the mods were banning people who were frustrated at the pure lack of communication.
The CEO, Michael was at a birthday party and only came 7 hours later (yes, celebrate a birthday while millions of investor money is stolen)
He came on the telegram, said he would put his daughter to bed before issuing a statement. I might sound like an asshole but putting ur kid to bed while 20k people are panicking and funds are being dumped on exchanges sounds like he has his priorities way wrong.
He's not even a technical person, just specialising about creating hype, hence you see cheap advertisments and appearances on no-name influencers youtube shows answering questions that are pointless and giving more empty promises.
the censorship got so bad at there were so many peoeple being banned that they ended up chatting about BAR on the electroneum and HTML chatrooms.
the joke is that their CCO, which i take it to mean chief comms officer, Martha something, was just a general admin in the chat, with zero qualifications and suddenly one day is promoted to CCO.
This is BAR for you and if you believe this project will take off then its your decision, but I know exactly what im going to do with my TBAR when i receive it
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gonna dump TBAR the minute it hits my wallet.
This project is absolutely trashed.
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COO Richard Silver has stolen the 2m BARS
He hasnt appeared at all through the crisis and Michael just mentioned only 1 individual (which are high level) have access to the wallet.
Btw he also mentioned he is only going to the police tomorrow during business hours. Way to go, tell the thief WHEN you are going to report him and that he is free to leave the country. They also mentioned the ETH funds are moved to a monero wallet. Good luck tracing that.
terrible project. TBAR will plummet the moment the forked token is listed
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There is talk that the COO Richard Silver stole the BARs and that Michael might be in on it as well. He said he would only report it to LA police the next day during business hours
doesnt that sound suspicious? why annouce to the world WHEN you will report the crime and only report a theft of a few million dollars the next day?
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and people were shooting me down for calling this project a scam.
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the reddit thread is now deleted lol
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1. EHI is not as successful as it claims to be on its website. Anyone can say they sell services to Disney, HP, or whatever, but who really knows what these services are? I could sell a pencil to Disney and call them my client
. 2. CEO refuses to disclose when asked for EHI’S revenue to be shared for 2016/2017. The CEO seems quite forthcoming about bringing people along for his client on site meetings, so this Is a surprise that he doesn’t want to share his revenue. When asked it was said that EHI was a private company and there was no need to disclose the revenue it generated. However since EHI is used to strengthen the ICO offering, this should be revealed.
3. Michael claims he earns $600,000 a year and EHI has millions in revenue. Show us your tax return then.
4. Michael’s EHI office is a home office. Isn’t it surprising that a company with millions In revenue and a CEO with 600k salary a year works out of his apartment? On that topic, how many staff does EHI have? Asked multiple times but no response.
5. Office was just rented a week after ICO ended. 6. Developers on the team page of BAR during ICO did not have TBIS in their employment. Some didn’t even know each other and it seems that they were just hired as freelancers
7. No proprietary tech. BAR uses another blockchain and has cobbled together all these partners to mesh a product out. BAR doesn’t acually own any of the tech that it uses and none of it is actually high tech 8. No use case on how BAR will be even be monetized. The CEO is not even tech savvy, COO is not even a coder. They have hired developers but no one really knows how to lead this project technical wise.
9. MVP out before 1st March, this is going to be a huge let down. If you work in software you’ll know that whatever BAR is promising needs at least 4-5 months with a team of 6 developers working Agile and Test driven development. BAR has promised a MVP in 2 – 3 weeks. This is either near impossible or going to be a flop.
The CEO is posting annoucement after annoucement in a deperate attempt to make news and stall the huge sell off but it continues to dip.
In conclusion, this project promised the world, but as time goes by people are slowly starting to realize about this scam. Get out if you can near ICO price and spend the money on a better project.
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On the surface this ICO looks good. It sold out way past its ICO deadline with some big names on the board and partnerships with the corporations such as Disney, BBB, etc. However Red Flags have been spotted and anyone raising point are immediately branded as FUD and banned. I myself was just banned for simply asking why would companies use BAR/INGOT as no corporation wants a token that’s variable in price. Here are the red flags spotted and why the price is crashing so hard.
1. EHI is not as successful as it claims to be on its website. Anyone can say they sell services to Disney, HP, or whatever, but who really knows what these services are? I could sell a pencil to Disney and call them my client
. 2. CEO refuses to disclose when asked for EHI’S revenue to be shared for 2016/2017. The CEO seems quite forthcoming about bringing people along for his client on site meetings, so this Is a surprise that he doesn’t want to share his revenue. When asked it was said that EHI was a private company and there was no need to disclose the revenue it generated. However since EHI is used to strengthen the ICO offering, this should be revealed.
3. Michael claims he earns $600,000 a year and EHI has millions in revenue. Show us your tax return then.
4. Michael’s EHI office is a home office. Isn’t it surprising that a company with millions In revenue and a CEO with 600k salary a year works out of his apartment? On that topic, how many staff does EHI have? Asked multiple times but no response.
5. Office was just rented a week after ICO ended. 6. Developers on the team page of BAR during ICO did not have TBIS in their employment. Some didn’t even know each other and it seems that they were just hired as freelancers
7. No proprietary tech. BAR uses another blockchain and has cobbled together all these partners to mesh a product out. BAR doesn’t acually own any of the tech that it uses and none of it is actually high tech 8. No use case on how BAR will be even be monetized. The CEO is not even tech savvy, COO is not even a coder. They have hired developers but no one really knows how to lead this project technical wise.
9. MVP out before 1st March, this is going to be a huge let down. If you work in software you’ll know that whatever BAR is promising needs at least 4-5 months with a team of 6 developers working Agile and Test driven development. BAR has promised a MVP in 2 – 3 weeks. This is either near impossible or going to be a flop.
The CEO is posting annoucement after annoucement in a deperate attempt to make news and stall the huge sell off but it continues to dip.
In conclusion, this project promised the world, but as time goes by people are slowly starting to realize about this scam. Get out if you can near ICO price and spend the money on a better project.
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Does ECA have masternodes and if so what is the price for 1?
is there a 2018 roadmap?
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If you whois the server, 186.66.143.00 - 186.66.143.255
you get another guy listed as admin contact Krunoslav Begic located in Croatia with his telephone number there
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COLX is another project which has zero transaction fees and you can scoop up cheap
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COLX is pretty good.
Just got listed today on a new exchange, crypto-bridge and is already like the 4th highest in volume traded
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COLX just got listed on Crypto Bridge. You guys can get it there instead of this scam site
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Alright so I got it not to crash when I enter my passphrase. It just wont sync. I tried copying the text into the config file found here:https://colossuscoinxt.org/2017/11/what-to-do-if-wallet-is-not-syncing/, but dont know what to put for my username and password. I never made a username?
leave it blank. and also COLX is now listed on Crypto-Bridge!
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this is a cache its been showing for the last 3 -4 days
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