The point to consider is: Who cares if the SEC regulates cryptos or not?
Do we need them to evolve? Nope. Bitcoin was supposed to be able to transact without any institution, so fuck them, we don't need regulations.
Exactly. Bitcoin is self regulating by design & doesn't need or require any kind of outside intervention/regulation. |
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China's loss will be the world's gain. It's only a matter of time before they realise their mistake & do a huge U-Turn.
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Any ban will fail as other countries have found out. All it does is push the prices up while traders move to decentralized/p2p exchanges in that particular country as happened in Nigeria.
In fact, if anything, it rather works in Bitcoiners favour.
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All quiet in this thread for many weeks. The sock-puppets have all finally fallen silent and stayed quiet for so long. This thread deserved a bump because for an exchange tainted with scam accusations they do not have any activity in this thread from their traders/sock-puppets even though they claim to be trading over $717 million every 24 hours: https://coinmarketcap.com/exchanges/coinsbit/No surprise to see coinmarketcap are still taking payments (bribes) to list scam exchanges then. They are nothing more than a scam promotion platform - nobody should be using them. |
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Damn...
I expected some comments telling me I’m wrong, but I guess I’m not wrong and nobody has any balls..
That's because you're right - spot on actually. I wouldn't expect anything else from someone who promoted a known scam exchange like OP did tbh. Merited. |
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I found a bunch of fake websites: https://10altcoins.com/
https://basidcoins.com/
https://bitcorte.com/
https://bitdeta.com/
https://bitelux.com/
https://bitexum.com/
https://bitundex.com/
https://bitwave.ltd/
https://btchob.com/
https://btclivetrading.com/
https://change-crypto24.com/
https://coinelux.com/
https://coinetrux.com/
https://coingan.com/
https://coinmarketc.com/
https://cointex.io/
https://cryptobakt.com/
https://cryptoexchange777.online/
https://cryptohabs.com/
https://ditrexum.com/
https://doxxwallet.com/
https://etxtrading.com/
https://vuxbit.com/
https://zertrade.com/
Do a search for "Justin Hance and his team" (from one of the sites descriptions) & you will find pages of scam exchanges: https://www.google.com/search?q=%22Justin+Hance+and+his+team%22Source: https://bitcoin.stackexchange.com/questions/101477/is-this-exchange-legitimateAll scams. |
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How the Hell does the likes of Coinmarketcap and Coingecko list this SCAM Exchange.
Because they accept "payments" (ie,bribe) to do so, it's how they make their money & the reason nobody should trust either of them - they are simply platforms for promoting scams for payment. Word on the street is its owned by Russian mob. Clearly they are paying people off to keep the scam running.
Correct. |
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second account IconFirm Note : The account owner has contacted. He stated that it has nothing to do with this person. I apologize to him. Apology accepted. Thank you. I'm a "her" btw, not a "him". But it's OK. |
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But why ? Why all the sudden issues with exchangers ?
Because you are using a rigged centralised exchange. This is what they do. All centralised exchanges are rigged this way - stop using them & start using decentralised exchanges which don't have an on/off switch & don't sell your ID to the highest bidder or pass it on to any government organisation. Simple. Can you suggest any decentralised exchanges? Certainly - Bisq is about the best one out there atm. I've been using it for a couple of years without issue. No KYC. No on/off switch. You hold your funds. You are in control. No bots. Truly decentralised. But low volumes All exchanges have low volumes until people use them. Big is not best in the crypto world. |
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Forbes.....LULZ They just don't understand how BTC works & are only capable of thinking in terms of fiat, which is hardly surprising seeing as they're a bankrolled rag.
I can only imagine that they think that closing/stopping exchanges trading in BTC will somehow end the currency, which of course, it won't. Personally, I'd like nothing more than to see that happen because it would force traders to go full-on decentralised exchanges - which should have happened in the first place.
Imagine how empty the scam section would become if that were to happen - no more exit scams, no more locked funds, no more KYC, no more fake exchanges - just pure, unstoppable, free trading for all. Bliss.
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But why ? Why all the sudden issues with exchangers ?
Because you are using a rigged centralised exchange. This is what they do. All centralised exchanges are rigged this way - stop using them & start using decentralised exchanges which don't have an on/off switch & don't sell your ID to the highest bidder or pass it on to any government organisation. Simple. Can you suggest any decentralised exchanges? Certainly - Bisq is about the best one out there atm. I've been using it for a couple of years without issue. No KYC. No on/off switch. You hold your funds. You are in control. No bots. Truly decentralised. |
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lmao how is this bullshit still even allowed here, let alone be a coin.
So, the scam is complete here. All the team have moved on to commit & promote other scams. Rinse & repeat. Tag every member who shilled or promoted this scam & keep an eye out for other projects involving this "team". Then point them out to the community. |
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Congratulations.
You've successfully given a bunch of Russian scammers that you don't know or where they are based all your personal & private information so that they can defraud & sell it to any criminal they want. Expect your first large withdrawal to be locked or your first large deposit to be stolen in the meantime.
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So it would be nice to receive a specific answer.
**silence***tumbleweed** Looks like there is no answer. Failed project. I hope nobody paid for anything here. |
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But why ? Why all the sudden issues with exchangers ?
Because you are using a rigged centralised exchange. This is what they do. All centralised exchanges are rigged this way - stop using them & start using decentralised exchanges which don't have an on/off switch & don't sell your ID to the highest bidder or pass it on to any government organisation. Simple. |
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What's the point of a hardware wallet if you still need permission from some third party to be allowed to use your coins?
Exactly this. I will never trust a device that someone else holds the key for - ever. This is a fail in all respects & I urge everyone to avoid it until they change this anti-feature. Trezor for the win. |
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Who wrote to you - did they provide a name & contact details? Can you post their correspondence here? Thanks. |
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This is a 100% exit scam thinly & crappily veiled as a hack. It was only a matter of time before this Russian exchange went full-on scam - I've been warning about it for a couple of years now.
As always, decentralised exchanges are the way & the future. The sooner the crypto community realises this the safer they will all be.
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I guess we should thank all the Governments & Banks for printing so much money out of thin air 24/7 the last few months. Thanks to them devaluing fiat so dramatically we are now seeing the fruits of Bitcoins design shine through - it's doing exactly what it was designed to do & will continue to do so for the foreseeable future me thinks.
Keep those money printing machines on full power please chaps.
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