Looks like a great site, and I took a read of some articles. Look up to par with the competition, maybe just some issues with UI, since it feels a bit clunky in my opinion. Not very mobile friendly as well.

I'll forward to my group of crypto people, maybe get you a couple offers. Thanks for posting this!

Imagine digging through 6 years of threads, and finding one with no replies, and then attempting to advertise your own product via a bitcointalk post.

Not really the most productive use of your time, or the best way to attract users for your site. Start a service announcement. Run campaigns and improve SEO. Reach out the youtube influencers. Not like this, please.

I wouldn't say that taking out all of these loans makes him a scammer instantly. But it's definitely irresponsible and untrustworthy behavior to be taking out multiple loans at the same time, while the previous ones haven't even been repaid yet.

Given the fact that the amounts that he's been borrowing has been increasing over the past few attempts, it could be possible that he is trying to build up his reputation through his borrowing activities (which he used to be a lender, to be fair). My advice to lenders is that you shouldn't take into account past repayments as much when assessing your risk, because it can mislead you when you are lending without collateral.

But promoting an obvious ponzi in his sig, even if it's been pointed out that it "may" be a ponzi, is unacceptable. At least he has removed this, though.

I am struggling to understand what exactly you are referring to here. Are you talking about bitcoins value being limited by the lack of merchants willing to accept it? I mean sure, the technology being rather fresh and unknown to most people it's understandable that there isn't as widespread interest in accepting crypto as of yet. However, as you said, the more people desire to buy expensive products using bitcoin the more merchants will hear about this trend and decide to get in on the action.

There already are a wide array of luxury items you can buy using bitcoin, as an example, you are currently able to purchase a Lamborghini with bitcoin from certain dealerships. I've seen a lot of online stores sell expensive electronics and watches for crypto as well.

I don't agree with the sentiment that the majority of users are 'geeks' as you describe them. I know many people that are not closely following technological advancements that are using bitcoin in their daily lives. It's more of a question concerning the popularity of cryptocurrency as a whole.

A decade in and it's safe to say that many people in the early to mid 20s demographic know about bitcoin, and given the opportunity to make purchases with it would be happy to use it as a form of currency. To make it more accessible, simply provide more opportunities to use it amongst people who are aware of its existence.

That seems to be a fair amount of bitcoin. Considering his status as a 'one hit wonder', it's not surprising that he would look into alternative markets to invest in to in order to keep some momentum as a success. His past investment hasn't been the savviest - those video game consoles you mentioned were a commercial failure as far as I'm aware and facing many legal complications due to it essentially being a cheaply made, Chinese knockoff of more popular brands.

Not sure how this will affect bitcoin status, I guess whatever remains of his 'fans' will become interested in cryptocurrency.

This is a not a whitepaper, you are simply showing us where the file for it is on your computer. Please upload it to your own servers, or google drive if you have to. Regarding your project, it seems a bit far fetched to allow someone from another country to just raise your chicken? Such a random, and pretty useless idea, which isn't really deserving of investments, not to be harsh.

Should probably also post this in announcements, or the tokens section of it.

I don't personally really care about new coins in crypto, most of them are shitcoins in my opinion. I like sticking to the regular popular ones, tron, eos, btc, eth, xrp. The top 50 coins on CMC would be a good metric to base the platform's payment system on, but of course there are other great coins that are not top 50 on CMC, just don't know of any right now.

Seems like a good idea, incorporate your own escrow system or use another company's.

There was a project a couple months back, I can't remember the name, but I think the bought like 4-5 professional ratings on ICObench for a grand or so, and I think either they stole identities off the dark web, or just paid icobench to turn a blind eye.

Don't trust the rating sites, most of them are either corrupt, or they don't care enough to have accurate ratings. Do your own research.

I'm quite confused at this thread. I see the new websites are some sort of rebranded scam that looks quite similar to ones that happened in the CSGO gambling scene, a year or 2 back, but why do you keep posting these profiles? Are they newbie accounts made to spam the website over bitcointalk, or is this another different scam, but you are just using this thread to report it?

Good find though, I hope no one is as stupid to deposit 0.01 BTC in that garbage. It's quite similar to a CSGO scam site, which gave you like 50$ of free credit to open crates, and once you opened something that was insanely lucky and pricey, they would ask for you to deposit around 80% of your inventory value. They actually scanned your inventory and gave you an amount that was affordable, which made it even worse.

With a quick google search, I found out that this "cryptoguruu" guy has a Twitter account. and something that looks like a job posting on a marketplace? . From a quick read of that post (their main website was done for some reason https://cryptoguruu.com/), it seems like they offer a portal of some sort for ICO owners. Looks like someone called Pratik Bhuyan is their only employee, and here is his linkedin profile- https://www.linkedin.com/in/pratik-bhuyan-0bb42079/.

Yeah, 100 percent some lazy exchange that'll exit scam as soon as someone deposits anything of value. Logo seems like a copy of crypterium's logo (or at least that's what it reminds me off), the site's poorly done and the owner has no idea on how to do SEO. 1% interest roughly translates to around 100% interest in 3 months, which is higher then most ponzi's. Don't even register, the owner is probably so desperate he'll sell your emails as a database to some unsuspecting ICO owner.

Hey bud, I'll start off by saying that's quite the site. I haven't signed up, but the UI and design of the platform seems up to par with other competition. I'll write my thoughts and help you out below.

Think back to how Ebay, Gumtree became popular marketplaces. This all goes down to marketing, running campaigns, influencer marketing, ads, SEO, etc. I'd recommend looking for a marketing agency that has experience with marketplaces, or in crypto. Constant updates, and building a loyal community with active support should be top priorities.

No partners right now IMO. Focus on building an active marketplace before thinking long term.

Just the top 50 on CMC is good.

This is either very incompetent of a "huge" casino that is looking to raise millions via crowdfunding, or another sloppy attempt to cover up your true identity in an attempt to keep the scam afloat for a couple more weeks. This aside, the project doesn't look very unique and there are much better options out there such as stake, primedice, bitsler, fortunejack. You aren't really solving a problem here (because there isn't one) with the project, but you are asking for millions.

It also says you've sold 300,000,077 BXK Tokens which roughly equate to 22MIL? Is there proof of this, because I am unable to find such proof of these sales.

100% that's the case. Doesn't help their case at all.

Probably a bought account that the CMO or CEO bought to run the bounty campaign on under the facade of being a trusted member.

Account's last post was back in JAN 2016, quoted below.


And the next one that was made was the bounty campaign post, which was Oct 2018, making it close to 2 years of inactivity.

Sucks someone didn't catch this earlier, maybe the ~2,000,000 scammed would have been lower.

Although, their Telegram and Facebook accounts are still available (Twitter was suspended). See below for screenshots.

I do agree with him in this particular statement.

I think that it's quite likely we won't see any major bullish outbreaks in the next 2-3 months. I also agree with him in terms of the fact that institutional investors seem to be coming in regardless of the bear market, which is something that is completely different to what we see previously when bear markets had no action other than individual traders that act rationally loading up cheap coins. That's why I think recovery will come before the next halving, but probably not this year or at least early this year due to the bearish sentiment still being so strong.

Also, important to note that even though this prediction by him may pan out, it doesn't mean that his future predictions will be valid. I've seen plenty of cases where a so called "expert" in BTC trading gets something right by pure coincidence, before spewing out complete garbage without any analysis.

Sorry to hear that you got ripped.

Firstly, I'm not sure if you have seen Coolcryptovator's tag on him:


As he says you should never trust KYC verified account sellers. You simply don't know how they obtained the accounts or how they are verified, and most likely they are fraudulent. If Binance finds out that you are using someone else's account with different KYC info, you are screwed and you may never get your funds back. The original account owner may also claim at any time that his account was hacked, and you could also lose funds as a result.

It's not something that you want to be involved with if you want to build an exchange service.

Secondly, reputation outside of the forum is completely irrelevant given the fact that they can be easily manipulated. Also, escrow should have been used given the high amount that was at stake here.

You're implying that bitcoin's price movements aren't affected by market activities?

That's wrong in my opinion. The assumption of bitcoin prices being low at the start of the year and gradually increasing as the year goes on is also something that I don't buy into. Look at last year, did prices change significantly in the latter part of the year? Obviously, no.

Bitcoin still follows the same bear/bull cycles that all commodities, assets and securities follow, which is influenced by market activity. IMO the only confirmed cycle that bitcoin has is this, and it happens to roughly coincide with the halving in the last few bull markets, probably due to the scarcity of bitcoin increasing as well as psychological factors. That's completely different to what the article suggests.

That should be your main take away from the article.

Bull and bear markets are inevitable, in all markets. Bitcoin is no different, except the fact that its idea is quite foreign to a lot of people mean that media will often make things out worse than they actually are, and investors will panic much more significantly when prices are dropping in a bear market. The fact that bitcoin is decentralized and has no price control mechanism also means that market swings can be significantly larger.

But does the bear market actually do any damage to bitcoin itself, as a currency, and its ability to transact value globally, over the internet? Absolutely not. In fact, it could even wipe out some unrealistic expectations of bitcoin that has been developing through the bull market that are completely unsustainable. Bitcoin has not intrinsically changed, all that has is the price, and given that institutions and investors in general are still showing big time interest in bitcoin I don't see any reason to be concerned whatsoever.

It's possible if a bitcoin ETF were to ever be approved that it becomes the catalyst of a bull run. It will not be the cause of the bull run though, as that is dictated by market cycles still.

Personally, I think that bitcoin ETFs will come as a matter of time. However, I don't think that short term prospects are that good at the moment for any ETFs approvals to be incoming our way, as the previous rejections of various ETF proposals in recent years have suggested.

Also, it's important to note that ETFs will likely not contribute tangibly to the development of the bitcoin network, but rather be somewhat of a point for traders to hype up. At the end of the day, it's going to be a tool for institutional investors to make their money, it's not going to increase the network's capacity or anything like that.