Hello,

I came across a possible scam ICO that I thought I’d warn you all about – Mobilink.

There have been already several people raising the alarm here on Bitcointalk and other websites, I advise you do a quick search on Google for “Mobilink scam” to see all the articles.

Now even the company that has provided them with the Turnkey solution has terminated the contract with them and it’s warning that this is most probably a SCAM.

I strongly suggest you read their press release on the matter:

https://tokenget.com/tokenget-terminates-the-deal-contract-agreement-with-mobilink-due-to-scam-suspicion/

Some of the most important findings are:

•  Based on the numbers shown on the Mobilink’s dashboard, turns out that $4,945,033 of the allegedly raised $5,581,549 are received by wire transfers. That’s 88.60% of the total raised.
•  Mobilink refused to pay the % of the raised funds based on the agreement with the service provider TokenGet, giving as a reasoning that they have not received the wire transfers at all (!!!)
•  Even if we were to ignore the 2 points above, Mobilink still hasn’t reached the Soft Cap and they should return all funds to the investors – something that they are not acknowledging.

Please always do your due diligence! A quick look at their website also shows loads of incongruences. They state that their score on ICO reviews websites are above 4, when in fact on these websites the score of the project is barely more than 3 points and it’s deemed as a risky ICO. They have recently removed all their team members LinkedIn links and a more detailed search about the team members comes up with no history or information about them before the Mobilink project.

We all need to unite and fight against the scam ICOs like Mobilink that are ruining the reputation of the crypto community as a whole.

There has been a lot of ICO scams these days. The most recent among them now is Denaro.io. Even when investors are warned of certain things to look out for before investing, most of them still fall prey of these scammers. They seem to always up their game these days. Right now, there is a scam ICCO going on right now. Remember that Facebook, Google and most recently Twitter sited fraud as one of their major reasons for banning ICO advertisements.

I believe that one way out of all these, is just full regulations. There has been backlash about full regulations on ICO with the reason that it would take away decentralization. I do not believe this.

What do you think?

Is this actually going to happen in the year, 2018. Part of the right up includes....
...But this new model won't just be the same idea with a new coat of paint. Expect the SEC, CFTC and FINRA to collaborate on industry guidelines that merge the priorities of each, very similarly to how the SEC and NASSA cooperated for Reg A+ during the JOBS Act.

https://m.facebook.com/story.php?story_fbid=460888644314563&id=361696987567063

What do you think?

There have been a lot of arguments concerning this topic. Again, there have been a lot of pronouncements from governments officials pertaining cryptocurrency control and people actually reacted to them.

Even though some governments may want people to think they control and regulate cryptocurrencies, that is far from the case, as cryptocurrency cannot be regulated or controlled by default. Companies providing solutions related to this new form of money, on the other hand, are subject to existing guidelines which apply to other financial service providers as well. The flow of money in the cryptocurrency world is not controlled by any central authority, nor will it ever be.

What is your own thoughts about this?

I have been wondering how directly and indirectly fluctuations in the price of bitcoin affects ICOs performance at that time. Anyone who knows this can assist in the explanation.

Cryptocurrency markets have been bearish for sometime now. In the last few days, there has been couple of news that has given cryptocurrency enthusiasts some thing to cheer about. These may or may not directly influence the markets positively but will go a long way in giving cryptocurrency investors some hope.

(1) Yesterday the Venezuelan President, Nicholas Maduro announced the country's backed cryptocurrency "petro" launch. He said that the token pre-sale will take place this month of February 2018.
https://www.coindesk.com/venezuelas-president-announces-petro-token-pre-sale/

(2) South Korea Finance Minister Kim Dong-yeon has reaffirmed that the government will not ban or otherwise “suppress” cryptocurrency in the country.
https://cointelegraph.com/news/south-korea-finance-minister-confirms-no-ban-on-cryptocurrency

(3) South Korean tech giant Samsung has announced that it’s developing hardware specially designed for cryptocurrency mining. The move is aimed at boosting the firm’s profits.
https://www.theverge.com/2018/1/31/16954366/bitcoin-cryptocurrency-mining-asic-chips-samsung

Can these news spur the cryptocurrecy market back to green zone?

I have always thought of this until i came across this write up with the title "Ethereum now just 80 billion away overtaking Bitcoin." It is important to note that ethereum overtaking bitcoin does not reduce the potency of bitcoin and its unique qualities. It is just that ethereum with its capability of smart contract feature has made it a beautiful bride for the ICOs. Coupled with the clear contrast in the cost of transfer fees between these two cryptocurrencies. Take little time off and read this, you may begin to think just like i am thinking now.

https://www.trustnodes.com/2018/01/27/ethereum-now-just-80-billion-away-overtaking-bitcoin

The year 2017 was the year bitcoin with $1000 and ended with almost $20,000.

Will it be wise and reasonable to say that this year will be ethereum year looking at what is happening now in the exchange floor?

I just discovered that it is all green in the cryptocurrency world. We hardly have it this way. What do you think lead to this. How long do you think it will last?

Seeing that ICO Telegram groups have millions of prospective investors looking for where to invest, scammers have moved to the ICO Telegram groups. If you have not been chatted by these set of scammers, here is their modus operandi.

They first join and monitor the activities of their target telegram group with a particular telegram account. Create another telegram account that bears the name of one of the admins of the group. They will then private message or chat the active and unsuspecting investors. They would promise to give them a higher percentage if they will invest. When you agree, they will now send you another contract address they call "bonus contract address". They will go ahead tell you to "pls send the contract hash and amount of eth sent for Identification so that you will get the promised bonus." Once you do this and they confirm that the money is in their wallet. You will never hear from them again.

Spread this message to your friends and loved ones.

President Nicholas Maduro ordered the issuance of the Venezuela's national cryptocurrency. Whitepaper to be released on January 14. What do you think about this? How will it impact on the cryptocurrency world?

Tether issues USDT and EURT on top of ethereum blockchain. Could this be the reason why ethereum has been on the rise?
Share your thoughts.

From the beginning of the year, bitcoin started with around $1,000 and it is about $17,400 now. Analysts have been busy trying to give reasons why bitcoin has continued to rise all these while not minding the kicks and attack it has been getting from different world personalities and countries. Having proved many financial pundits wrong all these while, it makes one believe that bitcoin is actually unstoppable.

Do you think that bitcoin will break another record of reaching $20,000 before the end of the year?

After seeing what bitcoin has passed through especially recently and still rebounds and rise even higher. I am now forced to wonder, what on earth would bring the price of bitcoin down and keep it there. What do you think will do this?

Looking the rate bitcoin is rising and the percentage increase of more than 25%, do you think that it would surpass its previous record of $7,566? If it is possible, do you think it would sustain its value increase this time?

I used to assume before now that bitcoin is the all and all of crypto, maybe because discovered bitcoin before other cryptos like ethereum. But over time, that assumption is at the verge of being reversed. This is because i now discovered that apart from being a means of exchange, ethereum also has the power of smart contract. Which do you think is better and has great future?

Over the years bitcoin has shown some resilience against different attacks. The latest among them is the Segwit2x hard fork cancellation. Since that incident bitcoin has lost about 30% in value and counting. This question is how long will this fall continue.

In the last one month, bitcoin have lost about $1,000 dollars in value. I understand that the fall is connected to the cancellation of Segwit2x hard fork. What I want to find answer to is how long the fall will continue and what would save it from the continuous fall. Your inputs would be appreciated.