Is eBTC a scam?

[rohitm]

What lends value to the coin?

How is it different from any other coin on Ethereum - at least those provide some sort of business plan which may lead to real value? Does it do anything apart from taking the name Bitcoin, adding e before it for ethereum and use a smart contract for management? Any other features it adds which are not in the underlying platform?

Only plus point for eBTC is that it was freely distributed(?) to 8000 participants. I mean, I can create a coin, distribute 90% or 99.99% of it to others for free and essentially make money for myself for free.

Thoughts?

[BeachedSeal]

You're only making money when someone else buys your bag... Who is going to be rushing to buy tokens that were given out for free? I guess if there is some initial pump and fomo it could happen.

[Sempakbolong]

What lends value to the coin?

How is it different from any other coin on Ethereum - at least those provide some sort of business plan which may lead to real value? Does it do anything apart from taking the name Bitcoin, adding e before it for ethereum and use a smart contract for management? Any other features it adds which are not in the underlying platform?

Only plus point for eBTC is that it was freely distributed(?) to 8000 participants. I mean, I can create a coin, distribute 90% or 99.99% of it to others for free and essentially make money for myself for free.

Thoughts?

not scam lol , this real look at exchanger now . you dont get eBTC ?

[btcthm]

Totally scam.
It's only a Erc20 token, nothing related to Bitcoin.

Now many trash token was created: eLTC, eDash, eNeo, exxx. Don't buy them.

[rohitm]

What lends value to the coin?

How is it different from any other coin on Ethereum - at least those provide some sort of business plan which may lead to real value? Does it do anything apart from taking the name Bitcoin, adding e before it for ethereum and use a smart contract for management? Any other features it adds which are not in the underlying platform?

Only plus point for eBTC is that it was freely distributed(?) to 8000 participants. I mean, I can create a coin, distribute 90% or 99.99% of it to others for free and essentially make money for myself for free.

Thoughts?

not scam lol , this real look at exchanger now . you dont get eBTC ?

It is gaining value just because of FOMO - does it provide any value? Why should it cost anything at all?

[Quidat]

What lends value to the coin?

How is it different from any other coin on Ethereum - at least those provide some sort of business plan which may lead to real value? Does it do anything apart from taking the name Bitcoin, adding e before it for ethereum and use a smart contract for management? Any other features it adds which are not in the underlying platform?

Only plus point for eBTC is that it was freely distributed(?) to 8000 participants. I mean, I can create a coin, distribute 90% or 99.99% of it to others for free and essentially make money for myself for free.

Thoughts?

not scam lol , this real look at exchanger now . you dont get eBTC ?

It is gaining value just because of FOMO - does it provide any value? Why should it cost anything at all?

Arguing on this thing would be somehow pointless and eBTC is really gaining popularity as of now and making money and as being said I don't see anything special on this normal or casual erc20 token. It just being hyped up and now it does increase its value which we really didn't expect for it to happen.

[bundo]

In fact this is just a business strategy, a marketing strategy, a politics to get rich through bitcoin
The crypto world like a pearl until the birth of new coins, such as this eBTC. Many questions why should use the word '' eBTC ''? just add the letter 'e' at the beginning of the word.
So many negative arguments arise, my judgment is '' will last forever every new coin ..?

[pungem]

not scam

[carlfebz2]

In fact this is just a business strategy, a marketing strategy, a politics to get rich through bitcoin
The crypto world like a pearl until the birth of new coins, such as this eBTC. Many questions why should use the word '' eBTC ''? just add the letter 'e' at the beginning of the word.
So many negative arguments arise, my judgment is '' will last forever every new coin ..?

Its not valuable after all because creating new erc20 tokens is really easy.The thing that eBTC do gain value is it is being hyped up just like what being mentioned above but this coin actually don't have any usage or something unique on it.This is crypto and anyone would able do anything as long they can able to make money and now for sure the dev of eBTC is sipping out his cold juice and seeing his wallet filling up by ETH or BTC.

[cryptoXeon]

Should have came across the thread before investing in it!
For sake of it, hope its legit and grows

[rohitm]

In fact this is just a business strategy, a marketing strategy, a politics to get rich through bitcoin
The crypto world like a pearl until the birth of new coins, such as this eBTC. Many questions why should use the word '' eBTC ''? just add the letter 'e' at the beginning of the word.
So many negative arguments arise, my judgment is '' will last forever every new coin ..?

Its not valuable after all because creating new erc20 tokens is really easy.The thing that eBTC do gain value is it is being hyped up just like what being mentioned above but this coin actually don't have any usage or something unique on it.This is crypto and anyone would able do anything as long they can able to make money and now for sure the dev of eBTC is sipping out his cold juice and seeing his wallet filling up by ETH or BTC.

Exactly my point!

@cryptoXeon
Things happen, do your own research and due diligence before falling for the hype!

[eagleman]

What lends value to the coin?

How is it different from any other coin on Ethereum - at least those provide some sort of business plan which may lead to real value? Does it do anything apart from taking the name Bitcoin, adding e before it for ethereum and use a smart contract for management? Any other features it adds which are not in the underlying platform?

Only plus point for eBTC is that it was freely distributed(?) to 8000 participants. I mean, I can create a coin, distribute 90% or 99.99% of it to others for free and essentially make money for myself for free.

Thoughts?

Don't fall for this scam it's just a pump and dump coin that people are advertising now and the thing is has "btc" on it's name remember on how many attempts that many created their token and coins that will make bitcoin in the last position of this race. Don't really think that this hype will increase and many will be fooled by whomever the people are started this noise, this will be dead soon.

[ranoon7io]

I dont think eBTC is scam.
Satoshi21 selected a small core team from their new community to work alongside to prepare eBTC.
The project will make steady progress.

[Coin.Master636]

Well... It depends on what you call a scam...

To me, a scam is something which is created to earn something while you disadvantage someone else in doing so.
A cryptocurrency, like any currency (including FIAT), has no worth on its own. It's the users who make it valuable. If users "believe" something has value, they can trade it for something else. Currencies are just fabricated and can be used to trade more easily.

So about your question... Is eBTC made to only earn the creators something? Are there enough supporters who believe it already has or will have value?
Every cryptocurrency is a gamble. You can't predict which ones will succeed. It's up to you to decide in which ones you'll invest. :-)

[dado7]

I say we will see soon enough, but being listed on Coinmarketcap gives it some credit.
The price stabilised after the pump so it is safe, for now.
The rest will depend on the development. There are for sure many people that will hold, but some of them might give up after a month or two if nothing new will happen.

[rohitm]

I dont think eBTC is scam.
Satoshi21 selected a small core team from their new community to work alongside to prepare eBTC.
The project will make steady progress.

What project? What are they planning to do?

[patrik1012]

I don't think that's scam for it has a value even though it become down right now. As I observed the hype many investor just buy and sell it so they got stack of eBTC.. and it grows organically.

[ranoon7io]

I dont think eBTC is scam.
Satoshi21 selected a small core team from their new community to work alongside to prepare eBTC.
The project will make steady progress.

What project? What are they planning to do?

I'm sure token symbol and name create misunderstandings as if eBTC is relative to Bitcoin,but
they planning to hybridize the best of Bitcoin into ERC-20 Token.
Its a newly introduced token not being a hard fork.

[ingiltere]

Yes, all tokens start with e in Ethereum blockchain are pure scams. Don't buy them if you don't want to lose your money.
They try to fool new users in this forum but this scam fashion will die soon.

[Hamphser]

I dont think eBTC is scam.
Satoshi21 selected a small core team from their new community to work alongside to prepare eBTC.
The project will make steady progress.

What project? What are they planning to do?

I'm sure token symbol and name create misunderstandings as if eBTC is relative to Bitcoin,but
they planning to hybridize the best of Bitcoin into ERC-20 Token.
Its a newly introduced token not being a hard fork.

Theres not way it would be hybridize since they do have different chains which means colliding both things is impossible.Actually the value is just been gained since the name of bitcoin was involved and checking on their devs roadmap which they do compare it to bitcoin which this coin called etherium-bitcoin.Seriously? This is just a simple another coin just been putting up some brands claiming that it would much better experience compared on bitcoin itself which is really a bullshit thing which it is really just an obvious thing that this is just really been hyped up.