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erm... did anyone read the paper at all? did you notice there any strange details? Welcome Some of us have been pointed out the shady stuff with this group for months.
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The diamonds are forever, especially stored in secure locations in the United States and fully insured for their full value. After all, this way they are truly not susceptible to any government manipulations.
I assume since the RECoin project started without actually owning any real estate, that the DRC doesn't actually own any diamonds yet? "Backed by diamonds stored in secure locations in the United States"
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HA!!! You got to be kidding me! I did't think it would happen this fast, but have been pointing this scam since page 5 of this thread 3 months ago. Congrats to all the others also exposing this scam. You can see they got sht scared of the government cracking down on them. We can proudly say we stopped a scam coin from even making it out of their ICO For those that have been deceived by Maksim and crew you can file a complaint with the SEC here. They are eagerly waiting to crack down on ICOs https://www.sec.gov/complaint/tipscomplaint.shtmlNow you are transforming your coin into a diamond club with your other paper made up companies. Haha! I will check with the mod here if you are even allowed to deceive people trying to hide your tracks here
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With the news that ICO's are now illegal in China, and the SEC showing an interest in American ICO's, how does RECoin feel about these new developments?
They will claim again their coin is not a security because somewhere in their paper it says "REcoin is not a security" and think that is enough as they did some posts back up. I am just happy that Maksim and team are mostly in the US and will get their SEC call soon just like other ICOs had. Just wait until they realize they can't even confirm how much $ these people have raised.
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It says above that recoin is the first real estate crypto. looks like there is about 20 or so And the REAL coin thread actually contains meaningful discussion, not incomprehensible gibberish! ^^^^ Funny them claiming not knowing what it is or that it can't be found in google when it is on the top results. If it were true then it shows just how disconnected these people are from the actual crypto world.
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Hi guys! I have invested in Recoin (referral program) Can someone tell me if they do it too and how much profit did you earn?
Recoin had just started. It's too early to calculate the profit Not too early to realise it is gonna be #1 RE cryptocurrency tho, I guess it passes to main BTC partner. I think that the recoin and bitcoin will not compete. Each of these coins will exist and be used separately Even tough they have different uses, they are still aimed at a similar group of people, who have free funds to invest. REcoin aims on small time investors, so they can get as big client base for the beginning as it is possible. Yes, this aspect is also important. You're right. probably, the recoin and bitcoin can be competitors as an investment tool. I meant that they will not compete as a coin, money The tokens minted during the mining process will be distributed between the miners closing the block (15%) and 101REcoin Trust (83%), while 2% will go to charity. You are conveniently forgetting the transaction fees where a percentage conveniently goes to Maksim and the scam artists. Also the fact that this 2% charity is a paper org created by Maksim himself. A fake tax evading company
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Real Estate is Changing for the better now I think Crypto Like Recoin and real will help to diversify this market into the future. It explains it right on the site. But it will be like other crypto. Trade for btc and probably ether.
Oh, I have heard about this, but why some people are writing "it is scam"?? They don't have enough information? maybe they don't want to see that information, who knows Not sure whether you are serious about that, cuz all of this ppl are scam artsits who got payed for writing all the negative reviews about REcoin. Paid by who? We do it for the love to see scam ICOs fails and prevent as many others from falling into your trap as possible.
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I have read this through from page 20 to the end and have noticed that quite a few questions about the project are not answered. I wonder why devs don't give the effort to answer them? To make it easier for them I have sum them here:
You didn't go back far enough. Skim from pages 5/6 forward. You will find more about why this 'company' barely answers the real questions
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++, exactly, it's kinda boring to answer the same question over and over on multiple forums. Sometimes redirecting is the best way around.
But I don't see you getting bored from posting the same fake chatter with all your fake accounts. I am certainly not bored of pointing out what a scam you guys are running. Can we nominate REcoin for the ICO fail of the year at the Crypto Awards? If anybody gave a dollar to these people, once you realize they won't be able to afford a single property, please be sure to file your complains with the SEC against Maksim and crew. They are definitely listening in and willing to bring forward the most juicy cases: https://www.forbes.com/sites/ktorpey/2017/08/31/former-sec-attorney-explains-which-ethereum-icos-will-be-targeted-with-regulatory-action
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hi all, i have seen this ico launch on another forum and i asked a few question which i don't think its clearly addressed.
REcoin is supposedly 100% backed by real-estate less of cost, etc. and they are 100% compliance with US laws and regulation which i found it puzzling.
By virtual of backing the coin with real estate constitute this coin as a securities (howey test) and as such this coin would be regulated by SEC and offering to US citizen and some other countries such as Singapore would strictly be disallowed.
Exchanges that are registered in US would be extremely hesitant to onboard the altcoins for trading becoz exchanges need to be regulated to facilitate trading of securities which is coin is obviously positioned to be.
I am very surprised with their "result" thus far, $1,000,000 collected? that's amazing for them!!
Maybe the team could clarify further how they would like to address the regulatory side of the business? I like the idea but not the implementation and hopefully we get some clarity.....
Can't you see this is all a scam coin? It definitely will have to report to the SEC. How do you believe that 1 million number? Where has this been proven?
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Looks like the moderators at the Bitcoin.com forum already stopped the Recoin spam operation cold on their tracks. Their accounts are getting banned left and right. A this point in time Maksim's operation is a clear failure and just pathetic how they make a joke out of themselves. Funny to see all the shallow shatter between all of these fake accounts. Just a reminder to people that these guys just have a fake hype machine going on. Regular reminder that this coin is a scam and all these post just fake chatter.
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Looks like the moderators at the Bitcoin.com forum already stopped the Recoin spam operation cold on their tracks. Their accounts are getting banned left and right. A this point in time Maksim's operation is a clear failure and just pathetic how they make a joke out of themselves. Funny to see all the shallow shatter between all of these fake accounts. Just a reminder to people that these guys just have a fake hype machine going on.
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A total of 999x10^9 coins will be emitted through the mining process over the course of 50 years. Funds emitted during the mining process are proportionally distributed as follows: 1) 83% to the 101REcoin Open Trust to be put toward further real estate investment 2) 15% to REcoin miners 3) 2% to charitable organizations
999x10^9 coins is 999 billion or almost 1 trillion coins! the highest circulating supply on coinmarketcap.com is bytecoin at 183 billion (can buy 717 for $1usd by the way). Why such a ridiculously large amount? 15% to REcoin miners. Why would miners waste time, money, and expensive hardware, mining something that they only get 15% of. what is the block reward for mining recoins? Bro they are crazy if thats how many coins!!!!!!!!!! 999 x 10^9 = 999000000000 Is total coin supply... Are you serious??.................. And you want nearly a DOLLAR!! Please tell me this is not true lol. I am definitely not investing now. Was thinking of it but no way if your intentions for this many coins......... Thinking on investing? have you not read this thread?
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Hi Maksim, great to finally see you identify as yourself instead of all these fake identities. Remember the warning I gave you about the SEC? Well they have started calling the ICO owners as you can read below: https://hackernoon.com/the-sec-called-about-our-ico-i-answered-8cbbd31568ecAlready registered your ICO with the SEC? Are you ready for your call and for them to start inquiring about your paper foundation and companies? Remember they know how to use google. But hey, at least you are a lawyer so you don't need one like these guys. Or are you not?
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Looks like the moderators at the Bitcoin.com forum already stopped the Recoin spam operation cold on their tracks. Their accounts are getting banned left and right. A this point in time Maksim's operation is a clear failure and just pathetic how they make a joke out of themselves.
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Get prepared for the next wave of spam the likes of which the world has never seen:
LOL WTF is that?! Things are about to get interesting. Yet who would like to get paid in this worthless coin. You can make more real money just playing on a btc faucet haha. Looks like they have not made up any money and now moving to plan B. I am sure that Maksim has promised a ton of that Recoin to his Ukranian friends already and now moving to panic mode.
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Not sure whether anything in this group looks like scam. I've made my own investigation, observing and describing any opportunities of this group to become a scam one and I found nothing, confirming this doubts, especially according to its community participation:most of them just using bounty program hoping to become a rich ones. Other ones are just using forums and social networks to carry an information how to invest right/participate in any other promotions. If any of these ppl were bots, they'd be banned ny the community bcuz of its IP adress, neither they look like trolls-they ask other advanced ppl for the real data/suggestions.
Please tell us more about you investigation Mr Recoin Fake account.
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I've already signed for a special bounty company and I actually feel myself satisfied, nice to know I'm in it! Let's hope I'm gonna get lucky and take those sweety REcoins which will garantee my future as an independent businessman! Bounty company? What are you fake accounts even talking about. You don't even make sense
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wanted to give an update as to what I did so that if anyone in future that has this kind of problem can take this route. I made an image of the hard drive and tried many different things which were suggested on this forum none of them worked for me. I sent my hard drive the original into a company called secure data recovery they are located in Ohio I believe. They ran a free diagnostics test on my hard drive and gave me a quote of a little under $2000. I pre authorized the charge via a credit card. They gave me a 5-11 business day window to complete the raw recovery. On completion they charged my card and sent me my request file "wallet.dat" via a dropbox. This worked great and must say they did an awesome job highly recommend this company!
you are a lucky man. Good job not giving up.
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In reading the whitepaper, I was NOT impressed at all.
Come on man, you are telling me the beautiful letter from their anonymous CEO was not impressive? Look, his signature is real. This must be legit.
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