[ANN] TBC2 Decentralized Ether Token

[ERC20Club]

TBC2

https://i.imgur.com/5Fep49W.png

What Is TBC2

TBC2 is a new decentralized Ethereum token designed to disrupt the current scam being run by TBC(1) Administration.
We are actively approaching prominent members from the TBC community and getting support from many members who are helping to spread TBC2 and show the community that TBC(1) is actually a scam.
This is an active and ongoing campaign.


Technical Info

Ethereum Token (ERC20)
Name of Coin: TheBillionCoin2
Ticker: TBC2
Total Supply: 1,000,000,000
Contract Address: 0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c


Key Points

Open Source
Third Party FREE wallets (we can never charge access fees or lock accounts/wallets/coins)


White Paper

http://tbc.erc20.club/wp-content/uploads/2017/10/White-Paper.pdf


Block Explorers

Etherscan: https://etherscan.io/token/0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c
Ethplorer: https://ethplorer.io/address/0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c


Website

www.tbc.erc20.club


Wallets

Any ERC20 Compatible Wallet can be used. We recommend imToken for Android and iOS or MyEtherWallet [MEW] as these are both user friendly wallets.
On imToken simply press the + button next to Total Assets and search (top right) for TBC2 (TheBillionCoin2)
On MEW we have already been added to the Default Token list so simply press "load token balances" and if you have TBC2 in the wallet it will display your balance.


Exchanges

Coming Soon.
We are currently in our distribution phase. We have agreements in place already with public exchanges for listing TBC2 following distribution completion. After round 1 completes these agreements will be formalized and announcements made publicly by the exchange(s) and ourselves via our website and ANNs will be updated.


Bounties

See our Bounty Link below for list of bounties
https://bitcointalk.org/index.php?topic=2298419.0


Why We Made TBC2

To understand why we made TBC2, you need to know a little about TBC and what is happening with TBC currently.

TLDR Version:
We want to disrupt the existing TBC Admin's scams and try to save as many people from the TBC community from losing more money to these scammers and more importantly for all of us, faith in cryptocurrency in general. Every scam out there that tells people "this is crypto" and then proceeds to scam users is harming Cryptocurrency as a whole. OneCoin is still being pushed and people are joining believing they are getting into Crypto when they are just being scammed. The same can be said about TBC, the community is 1.5m members now, its a lot of people who stand to lose money to these scammers and faith in cryptocurrency because of it.


The longer version is below, sorry for the wall of text.
The below attempts to explain a little bit more about what TBC(1) is, and what is wrong with it, not just the idea of something only going up in price, but also the technical problems and the actual scam that the Admin is currently pulling with the TBC community.



Some of you have probably heard of TBC and thought it was a scam as soon as you heard about it, a coin that only goes up in price? Nonsense right, that's not how crypto, or money, works.
Despite the fact that you might have thought it was a scam from the start, the membership now stands at over 1.5 million members...

Let that sink in, 1.5 million people who have gone to the TBC site or spoken with people online and thought this sounds good, I'll join.
1.5 million people all involved in what is likely to end in complete disaster for all.
1.5 million people who when TBC does implode are going to lose their money, but are also going to lose faith in cryptocurrency.



"But TBC isn't a real cryptocurrency" I hear you say... Nope, it isn't, but most of these people do not understand that.
Most of these people are told it is cryptocurrency and believe it, they can send it to other people, and they can receive it when other people send it to them, so it must be a real crypto...



The problem with TBC is not that the price only goes up. It isn't even that it isn't a real crypto, you could trade cell phones or marbles to complete transactions in person and this is just a digital version of something that can be traded. The real problem with TBC is that it is centralized and closed source and in complete control of one person (who calls himself Admin) and Admin is currently running a huge scam on the entire TBC community.


If we were talking about a couple thousand people we wouldn't be so concerned. A couple thousand people losing money in a scam? That's not nice, but its happening all the time around the world and won't effect anything too much. Problem is, we are talking about 1.5 million members. 1.5 million people who think they are "crypto users" who are being scammed by TBC Admin. 1.5 million members, who when TBC fails, will tell others, Crypto is a scam, don't get involved...



Despite your feelings about TBC itself, these are real people who stand to lose a lot of time, money and most importantly for all of us, they stand to lose faith in cryptocurrency as a whole when TBC implodes.
Yes, they should have educated themselves more about cryptocurrency before joining.
Yes they should have been concerned that it is closed source and if Admin decided to turn off the servers everyone will lose everything.
No you should not really care about those individuals who stand to lose in this scam, but this effects all of us, these scammers are using the word "Cryptocurrency" to lure in prey, and members will lose faith in Crypto when TBC fails.


It is our duty as early adopters of the cryptocurrency movement to ensure it succeeds in main stream adoption.
For every person who loses money in TBC there will be several people who lose faith in Crypto in general and this harms us all as it slows down mainstream acceptance.



How TBC Admin is Scamming the TBC Community

The situation with TBC has become worse in recent months, and it shows how blind the community are to the Admins lies.

In May 2017 most wallets simply stopped working properly, these are not QT wallets, these are not even WEB wallets, these are wallets controlled by Admin in a centralized system using load balancing to move coins from one wallet to another when you "send" coins to someone. There are no Private Keys so if Admin turns off the servers, poof, all gone.

Since May 2017 users have been unable to send or receive coins, some transactions work, others come back after 2 days says canceled. Other times, the transaction shows completed but the recipient does not receive it. Can you imagine sending a coin "worth" 108 Bitcoins to someone and they say they did not get it and your wallet says they did?

We actually offered TBC Admin our assistance for free. We offered to set up a proper mining pool to ensure the network could stay strong and offered to repair the wallets, unfortunately the Admin decided he would rather have broken wallets so that he could bring in the next part of his scam...


Want to know how Admin plans to fix this broken wallet system? CHARGE MEMBERS A FEE.
See, if he allowed us to repair the wallets for him and setup a mining pool etc, then there would be no reason to charge a fee to members.
This is the scam. Admin announced he would freeze all wallets, this would stop the load balancing issue because the servers were not keeping up with the load apparently.
All wallets frozen. Want a wallet? Pay Admin $10 (many members thought this was CHEAP because after all their TBC is worth millions or billions!)

THEN Admin decided, $10 per member (1.7m members remember, so that is only $17m) isn't enough, so now you need to also recruit 100 new members into TBC system as well as pay your $10 "wallet fee" (New members also need to pay $10 to admin for their wallets).

THEN Admin decided, $10 and 100 referrals wasn't enough so said lets unlock the "Top 10 Members" (plus Admin for a total of 11) and tell users they need to pay $10 plus 100 referrals PLUS purchase $100 worth of TBC from an up-line!

What level of insanity is this? The worst part is, PEOPLE ARE DOING IT. These people are so blinded by false hope and promises from Admin to see the truth, they have unwittingly been put into a pyramid scheme, they feel that they need to stay "in" the scheme since their wallets are "worth" millions or billions of dollars and so they continue to recruit more members, pay their fees and buy from up-lines in the hope that this crook who calls himself Admin will make good on his promises.

If this were anything like a "normal" crypto community, 1 WEEK, Hell, 1 DAY with wallets or a network that was broken would be a death warrant. Can you imagine a centralized admin locking wallets, charging fees, only unlocking select members so they can sell to down-lines?


TBC is currently climbing in Membership Every.Single.Day thousands of new members are joining.

TBC Wallets remain broken. Despite the fact wallets are frozen and the "system" should be able to keep up, the select few with unlocked wallets (at the top of the pyramid) have commented that they have still have transactions cancel and not go through. ADMIN has no technical ability to fix the issue at hand and rejected help when offered for free.


Our Solution to the TBC Scam

We want to give the TBC community a way to stay intact as a community and continue to use a decentralized cryptocurrency with the same name, hence we simply called our new currency TBC2.
The TBC community are a strong group of members, a force to be reckoned with, and a huge user base that should not be discounted as people or cryptocurrency users, they simply need to be educated and see that TBC is not a real crypto all the time the source stays closed and the system in control of one centralized admin.


There are people in the TBC community who joined for good cause and have been lied to by Admin. Now is their chance to get out of TBC "clean" as no one signed up to join a Pyramid Scheme when they joined TBC.
There are a few people at the top who continue to push TBC even now, even though it is clearly a Pyramid scheme, and those people should be ashamed of themselves because they are taking advantage of the disadvantaged.
I will not name names, but if you are part of the TBC community, stand up for yourself and others, tell the Admin where to stick their frozen wallets and their fees, tell the members who are offering "partnerships 50/50 split" or paid "recruiting" of members for your referrals where to go. Do not put up with this closed system in control of one Admin who is scamming 1.5m+ members!



Once again - Sorry for the wall of text but as I said, in order to understand why we made TBC2, you need to know whats happening with TBC1.
We were sick of TBC Admins lies, but when he decided to reject free offers of help to fix the broken system we knew something more was happening, and then a month later when wallets were frozen and fees demanded we simply could not sit by idly while Admin scammed so many members who joined in good faith.



Clearing up some Misconceptions

We have read in several TBC community posts that we are the Admin from TBC(1). We are not.
No one knows who the Admin of TBC(1) is, we suspect we know who the admin is, and we know many others in the TBC community feel the same, but we cannot prove it and so will not comment.

We have also read that we are the developers of OBC (OneBillionCoin). We are not.

We have read in a lot of posts, mainly spurred on by TBC1 Admin that TBC2 is a worthless fake cryptocurrency.
You can clearly see TBC2 on the block chain, everything is open and transparent and clearly a real cryptocurrency token based on the Ethereum Blockchain.

The same cannot be said for TBC1, we don't even know for sure how many coins existing in TBC1 since its closed source and we have no way to know what the distribution of coins actually looks like. We understand however that admin is the sole miner on the network of this closed system and the block reward for TBC is 500 TBC per block, blocks every 1-2 minutes. So only 360k to 720k TBC a day being mined. At current price that's only 38,880,000 - 77,760,000 BITCOIN worth a day.........



Our website has a lot more information than posted here. Including bounties, how we got involved in TBC and what led us to make TBC2, guides to setting up and using wallets and a news section where you can keep up to date with the latest info for TBC2.


Translations

Filipino - Translated by user imyashir - https://bitcointalk.org/index.php?topic=2302088
Indonesian - Translated by user kamikadze69 - https://bitcointalk.org/index.php?topic=2302392
Vietnamese - Translated by user duongtien86 - https://bitcointalk.org/index.php?topic=2297992

[ERC20Club]

Reserved for updates.

It appears I cannot post the image of the coin in the ANN since this account is a new account.

[Yefet]

TBC2

What Is TBC2

TBC2 is a new decentralized Ethereum token designed to disrupt the current scam being run by TBC(1) Administration.
We are actively approaching prominent members from the TBC community and getting support from many members who are helping to spread TBC2 and show the community that TBC(1) is actually a scam.
This is an active and ongoing campaign.


Technical Info

Ethereum Token (ERC20)
Name of Coin: TheBillionCoin2
Ticker: TBC2
Total Supply: 1,000,000,000
Contract Address: 0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c


Key Points

Open Source
Third Party FREE wallets (we can never charge access fees or lock accounts/wallets/coins)


White Paper

http://tbc.erc20.club/wp-content/uploads/2017/10/White-Paper.pdf


Block Explorers

Etherscan: https://etherscan.io/token/0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c
Ethplorer: https://ethplorer.io/address/0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c


Website

www.tbc.erc20.club


Wallets

Any ERC20 Compatible Wallet can be used. We recommend imToken for Android and iOS or MyEtherWallet [MEW] as these are both user friendly wallets.
On imToken simply press the + button next to Total Assets and search (top right) for TBC2 (TheBillionCoin2)
On MEW we have already been added to the Default Token list so simply press "load token balances" and if you have TBC2 in the wallet it will display your balance.


Exchanges

Coming Soon.
We are currently in our distribution phase. We have agreements in place already with public exchanges for listing TBC2 following distribution completion. After round 1 completes these agreements will be formalized and announcements made publicly by the exchange(s) and ourselves via our website and ANNs will be updated.


Why We Made TBC2

To understand why we made TBC2, you need to know a little about TBC and what is happening with TBC currently.

TLDR Version:
We want to disrupt the existing TBC Admin's scams and try to save as many people from the TBC community from losing more money to these scammers and more importantly for all of us, faith in cryptocurrency in general. Every scam out there that tells people "this is crypto" and then proceeds to scam users is harming Cryptocurrency as a whole. OneCoin is still being pushed and people are joining believing they are getting into Crypto when they are just being scammed. The same can be said about TBC, the community is 1.5m members now, its a lot of people who stand to lose money to these scammers and faith in cryptocurrency because of it.


The longer version is below, sorry for the wall of text.
The below attempts to explain a little bit more about what TBC(1) is, and what is wrong with it, not just the idea of something only going up in price, but also the technical problems and the actual scam that the Admin is currently pulling with the TBC community.



Some of you have probably heard of TBC and thought it was a scam as soon as you heard about it, a coin that only goes up in price? Nonsense right, that's not how crypto, or money, works.
Despite the fact that you might have thought it was a scam from the start, the membership now stands at over 1.5 million members...

Let that sink in, 1.5 million people who have gone to the TBC site or spoken with people online and thought this sounds good, I'll join.
1.5 million people all involved in what is likely to end in complete disaster for all.
1.5 million people who when TBC does implode are going to lose their money, but are also going to lose faith in cryptocurrency.



"But TBC isn't a real cryptocurrency" I hear you say... Nope, it isn't, but most of these people do not understand that.
Most of these people are told it is cryptocurrency and believe it, they can send it to other people, and they can receive it when other people send it to them, so it must be a real crypto...



The problem with TBC is not that the price only goes up. It isn't even that it isn't a real crypto, you could trade cell phones or marbles to complete transactions in person and this is just a digital version of something that can be traded. The real problem with TBC is that it is centralized and closed source and in complete control of one person (who calls himself Admin) and Admin is currently running a huge scam on the entire TBC community.


If we were talking about a couple thousand people we wouldn't be so concerned. A couple thousand people losing money in a scam? That's not nice, but its happening all the time around the world and won't effect anything too much. Problem is, we are talking about 1.5 million members. 1.5 million people who think they are "crypto users" who are being scammed by TBC Admin. 1.5 million members, who when TBC fails, will tell others, Crypto is a scam, don't get involved...



Despite your feelings about TBC itself, these are real people who stand to lose a lot of time, money and most importantly for all of us, they stand to lose faith in cryptocurrency as a whole when TBC implodes.
Yes, they should have educated themselves more about cryptocurrency before joining.
Yes they should have been concerned that it is closed source and if Admin decided to turn off the servers everyone will lose everything.
No you should not really care about those individuals who stand to lose in this scam, but this effects all of us, these scammers are using the word "Cryptocurrency" to lure in prey, and members will lose faith in Crypto when TBC fails.


It is our duty as early adopters of the cryptocurrency movement to ensure it succeeds in main stream adoption.
For every person who loses money in TBC there will be several people who lose faith in Crypto in general and this harms us all as it slows down mainstream acceptance.



How TBC Admin is Scamming the TBC Community

The situation with TBC has become worse in recent months, and it shows how blind the community are to the Admins lies.

In May 2017 most wallets simply stopped working properly, these are not QT wallets, these are not even WEB wallets, these are wallets controlled by Admin in a centralized system using load balancing to move coins from one wallet to another when you "send" coins to someone. There are no Private Keys so if Admin turns off the servers, poof, all gone.

Since May 2017 users have been unable to send or receive coins, some transactions work, others come back after 2 days says canceled. Other times, the transaction shows completed but the recipient does not receive it. Can you imagine sending a coin "worth" 108 Bitcoins to someone and they say they did not get it and your wallet says they did?

We actually offered TBC Admin our assistance for free. We offered to set up a proper mining pool to ensure the network could stay strong and offered to repair the wallets, unfortunately the Admin decided he would rather have broken wallets so that he could bring in the next part of his scam...


Want to know how Admin plans to fix this broken wallet system? CHARGE MEMBERS A FEE.
See, if he allowed us to repair the wallets for him and setup a mining pool etc, then there would be no reason to charge a fee to members.
This is the scam. Admin announced he would freeze all wallets, this would stop the load balancing issue because the servers were not keeping up with the load apparently.
All wallets frozen. Want a wallet? Pay Admin $10 (many members thought this was CHEAP because after all their TBC is worth millions or billions!)

THEN Admin decided, $10 per member (1.7m members remember, so that is only $17m) isn't enough, so now you need to also recruit 100 new members into TBC system as well as pay your $10 "wallet fee" (New members also need to pay $10 to admin for their wallets).

THEN Admin decided, $10 and 100 referrals wasn't enough so said lets unlock the "Top 10 Members" (plus Admin for a total of 11) and tell users they need to pay $10 plus 100 referrals PLUS purchase $100 worth of TBC from an up-line!

What level of insanity is this? The worst part is, PEOPLE ARE DOING IT. These people are so blinded by false hope and promises from Admin to see the truth, they have unwittingly been put into a pyramid scheme, they feel that they need to stay "in" the scheme since their wallets are "worth" millions or billions of dollars and so they continue to recruit more members, pay their fees and buy from up-lines in the hope that this crook who calls himself Admin will make good on his promises.

If this were anything like a "normal" crypto community, 1 WEEK, Hell, 1 DAY with wallets or a network that was broken would be a death warrant. Can you imagine a centralized admin locking wallets, charging fees, only unlocking select members so they can sell to down-lines?


TBC is currently climbing in Membership Every.Single.Day thousands of new members are joining.

TBC Wallets remain broken. Despite the fact wallets are frozen and the "system" should be able to keep up, the select few with unlocked wallets (at the top of the pyramid) have commented that they have still have transactions cancel and not go through. ADMIN has no technical ability to fix the issue at hand and rejected help when offered for free.


Our Solution to the TBC Scam

We want to give the TBC community a way to stay intact as a community and continue to use a decentralized cryptocurrency with the same name, hence we simply called our new currency TBC2.
The TBC community are a strong group of members, a force to be reckoned with, and a huge user base that should not be discounted as people or cryptocurrency users, they simply need to be educated and see that TBC is not a real crypto all the time the source stays closed and the system in control of one centralized admin.


There are people in the TBC community who joined for good cause and have been lied to by Admin. Now is their chance to get out of TBC "clean" as no one signed up to join a Pyramid Scheme when they joined TBC.
There are a few people at the top who continue to push TBC even now, even though it is clearly a Pyramid scheme, and those people should be ashamed of themselves because they are taking advantage of the disadvantaged.
I will not name names, but if you are part of the TBC community, stand up for yourself and others, tell the Admin where to stick their frozen wallets and their fees, tell the members who are offering "partnerships 50/50 split" or paid "recruiting" of members for your referrals where to go. Do not put up with this closed system in control of one Admin who is scamming 1.5m+ members!



Once again - Sorry for the wall of text but as I said, in order to understand why we made TBC2, you need to know whats happening with TBC1.
We were sick of TBC Admins lies, but when he decided to reject free offers of help to fix the broken system we knew something more was happening, and then a month later when wallets were frozen and fees demanded we simply could not sit by idly while Admin scammed so many members who joined in good faith.



Clearing up some Misconceptions

We have read in several TBC community posts that we are the Admin from TBC(1). We are not.
No one knows who the Admin of TBC(1) is, we suspect we know who the admin is, and we know many others in the TBC community feel the same, but we cannot prove it and so will not comment.

We have also read that we are the developers of OBC (OneBillionCoin). We are not.

We have read in a lot of posts, mainly spurred on by TBC1 Admin that TBC2 is a worthless fake cryptocurrency.
You can clearly see TBC2 on the block chain, everything is open and transparent and clearly a real cryptocurrency token based on the Ethereum Blockchain.

The same cannot be said for TBC1, we don't even know for sure how many coins existing in TBC1 since its closed source and we have no way to know what the distribution of coins actually looks like. We understand however that admin is the sole miner on the network of this closed system and the block reward for TBC is 500 TBC per block, blocks every 1-2 minutes. So only 360k to 720k TBC a day being mined. At current price that's only 38,880,000 - 77,760,000 BITCOIN worth a day.........



Our website has a lot more information than posted here. Including bounties, how we got involved in TBC and what led us to make TBC2, guides to setting up and using wallets and a news section where you can keep up to date with the latest info for TBC2.

quote just to show the image (maybe it should be a bit smaller?)

PS
btw wth is that https://bitcointalk.org/index.php?topic=2297992.0 

[joosep]

The time is ripe for eOneCoin - The First Transparent, Global Cryptocurrency for Everyone.

[ERC20Club]

Thank you Yefet, much appreciated. I am going to work on getting this accounts rank up so my images show up in my posts!

With regards to the other post you linked to. We received a message from someone offering to post a Vietnamese translation ANN for us. We agreed but when the links were sent for us to check we found everything in English. We have been in contact with the person and are currently waiting for them to either edit their OP's to Vietnamese or delete/lock/redirect to OUR ANN here.

Regards,

[Somz1]

It's on Ethereum blockchain so of course it's decentralized, genuis

[ERC20Club]

The time is ripe for eOneCoin - The First Transparent, Global Cryptocurrency for Everyone.

Although I agree with you I'd like to stay on Topic here if we can.
Also, keep in mind that many people who got involved in TBC did so at the time when TBC was not offering any MLM, selling, recruiting or membership fees, it started off as a cryptocurrency (albeit closed source and not very good). Far as I know, Onecoin was an MLM from the start. TBC members have been "dragged" into a Pyramid Scheme unwittingly and unwillingly for the most part and the only reason MOST of them are "staying in" and paying their fees is because they feel like they have value in their wallets (they don't obviously, but they feel like they do).

Anyway, I agree with you on the eOneCoin thing, but would like to stay on topic here about TBC2.

It's on Ethereum blockchain so of course it's decentralized, genuis

If you read the OP, you can see why we made this token, if you didn't read, the TLDR version is this, there is a CENTRALIZED coin called TBC (calling themselves a cryptocurrency even though they are not).

A lot of people have joined TBC thinking they are entering the crypto-space, so we are making it as clear as possible to these people that this is not the same centralized BS that they are involved in now, this is decentralized.
TBC centralized "Admin" has locked everyones accounts and is charging "wallet fees" (account access) as well as many other things, we want everyone to understand that this is not possible with TBC2 BECAUSE it is decentralized.

[ranoby]

How i can get tokens?

[ERC20Club]

How i can get tokens?

Go to the website and have a look, all information is there.
You can also look at our bounties - https://bitcointalk.org/index.php?topic=2298419.0

[NEUROSEED]

TBC2

What Is TBC2

TBC2 is a new decentralized Ethereum token designed to disrupt the current scam being run by TBC(1) Administration.
We are actively approaching prominent members from the TBC community and getting support from many members who are helping to spread TBC2 and show the community that TBC(1) is actually a scam.
This is an active and ongoing campaign.


Technical Info

Ethereum Token (ERC20)
Name of Coin: TheBillionCoin2
Ticker: TBC2
Total Supply: 1,000,000,000
Contract Address: 0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c


Key Points

Open Source
Third Party FREE wallets (we can never charge access fees or lock accounts/wallets/coins)


White Paper

http://tbc.erc20.club/wp-content/uploads/2017/10/White-Paper.pdf


Block Explorers

Etherscan: https://etherscan.io/token/0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c
Ethplorer: https://ethplorer.io/address/0xfaccd5fc83c3e4c3c1ac1ef35d15adf06bcf209c


Website

www.tbc.erc20.club


Wallets

Any ERC20 Compatible Wallet can be used. We recommend imToken for Android and iOS or MyEtherWallet [MEW] as these are both user friendly wallets.
On imToken simply press the + button next to Total Assets and search (top right) for TBC2 (TheBillionCoin2)
On MEW we have already been added to the Default Token list so simply press "load token balances" and if you have TBC2 in the wallet it will display your balance.


Exchanges

Coming Soon.
We are currently in our distribution phase. We have agreements in place already with public exchanges for listing TBC2 following distribution completion. After round 1 completes these agreements will be formalized and announcements made publicly by the exchange(s) and ourselves via our website and ANNs will be updated.


Why We Made TBC2

To understand why we made TBC2, you need to know a little about TBC and what is happening with TBC currently.

TLDR Version:
We want to disrupt the existing TBC Admin's scams and try to save as many people from the TBC community from losing more money to these scammers and more importantly for all of us, faith in cryptocurrency in general. Every scam out there that tells people "this is crypto" and then proceeds to scam users is harming Cryptocurrency as a whole. OneCoin is still being pushed and people are joining believing they are getting into Crypto when they are just being scammed. The same can be said about TBC, the community is 1.5m members now, its a lot of people who stand to lose money to these scammers and faith in cryptocurrency because of it.


The longer version is below, sorry for the wall of text.
The below attempts to explain a little bit more about what TBC(1) is, and what is wrong with it, not just the idea of something only going up in price, but also the technical problems and the actual scam that the Admin is currently pulling with the TBC community.



Some of you have probably heard of TBC and thought it was a scam as soon as you heard about it, a coin that only goes up in price? Nonsense right, that's not how crypto, or money, works.
Despite the fact that you might have thought it was a scam from the start, the membership now stands at over 1.5 million members...

Let that sink in, 1.5 million people who have gone to the TBC site or spoken with people online and thought this sounds good, I'll join.
1.5 million people all involved in what is likely to end in complete disaster for all.
1.5 million people who when TBC does implode are going to lose their money, but are also going to lose faith in cryptocurrency.



"But TBC isn't a real cryptocurrency" I hear you say... Nope, it isn't, but most of these people do not understand that.
Most of these people are told it is cryptocurrency and believe it, they can send it to other people, and they can receive it when other people send it to them, so it must be a real crypto...



The problem with TBC is not that the price only goes up. It isn't even that it isn't a real crypto, you could trade cell phones or marbles to complete transactions in person and this is just a digital version of something that can be traded. The real problem with TBC is that it is centralized and closed source and in complete control of one person (who calls himself Admin) and Admin is currently running a huge scam on the entire TBC community.


If we were talking about a couple thousand people we wouldn't be so concerned. A couple thousand people losing money in a scam? That's not nice, but its happening all the time around the world and won't effect anything too much. Problem is, we are talking about 1.5 million members. 1.5 million people who think they are "crypto users" who are being scammed by TBC Admin. 1.5 million members, who when TBC fails, will tell others, Crypto is a scam, don't get involved...



Despite your feelings about TBC itself, these are real people who stand to lose a lot of time, money and most importantly for all of us, they stand to lose faith in cryptocurrency as a whole when TBC implodes.
Yes, they should have educated themselves more about cryptocurrency before joining.
Yes they should have been concerned that it is closed source and if Admin decided to turn off the servers everyone will lose everything.
No you should not really care about those individuals who stand to lose in this scam, but this effects all of us, these scammers are using the word "Cryptocurrency" to lure in prey, and members will lose faith in Crypto when TBC fails.


It is our duty as early adopters of the cryptocurrency movement to ensure it succeeds in main stream adoption.
For every person who loses money in TBC there will be several people who lose faith in Crypto in general and this harms us all as it slows down mainstream acceptance.



How TBC Admin is Scamming the TBC Community

The situation with TBC has become worse in recent months, and it shows how blind the community are to the Admins lies.

In May 2017 most wallets simply stopped working properly, these are not QT wallets, these are not even WEB wallets, these are wallets controlled by Admin in a centralized system using load balancing to move coins from one wallet to another when you "send" coins to someone. There are no Private Keys so if Admin turns off the servers, poof, all gone.

Since May 2017 users have been unable to send or receive coins, some transactions work, others come back after 2 days says canceled. Other times, the transaction shows completed but the recipient does not receive it. Can you imagine sending a coin "worth" 108 Bitcoins to someone and they say they did not get it and your wallet says they did?

We actually offered TBC Admin our assistance for free. We offered to set up a proper mining pool to ensure the network could stay strong and offered to repair the wallets, unfortunately the Admin decided he would rather have broken wallets so that he could bring in the next part of his scam...


Want to know how Admin plans to fix this broken wallet system? CHARGE MEMBERS A FEE.
See, if he allowed us to repair the wallets for him and setup a mining pool etc, then there would be no reason to charge a fee to members.
This is the scam. Admin announced he would freeze all wallets, this would stop the load balancing issue because the servers were not keeping up with the load apparently.
All wallets frozen. Want a wallet? Pay Admin $10 (many members thought this was CHEAP because after all their TBC is worth millions or billions!)

THEN Admin decided, $10 per member (1.7m members remember, so that is only $17m) isn't enough, so now you need to also recruit 100 new members into TBC system as well as pay your $10 "wallet fee" (New members also need to pay $10 to admin for their wallets).

THEN Admin decided, $10 and 100 referrals wasn't enough so said lets unlock the "Top 10 Members" (plus Admin for a total of 11) and tell users they need to pay $10 plus 100 referrals PLUS purchase $100 worth of TBC from an up-line!

What level of insanity is this? The worst part is, PEOPLE ARE DOING IT. These people are so blinded by false hope and promises from Admin to see the truth, they have unwittingly been put into a pyramid scheme, they feel that they need to stay "in" the scheme since their wallets are "worth" millions or billions of dollars and so they continue to recruit more members, pay their fees and buy from up-lines in the hope that this crook who calls himself Admin will make good on his promises.

If this were anything like a "normal" crypto community, 1 WEEK, Hell, 1 DAY with wallets or a network that was broken would be a death warrant. Can you imagine a centralized admin locking wallets, charging fees, only unlocking select members so they can sell to down-lines?


TBC is currently climbing in Membership Every.Single.Day thousands of new members are joining.

TBC Wallets remain broken. Despite the fact wallets are frozen and the "system" should be able to keep up, the select few with unlocked wallets (at the top of the pyramid) have commented that they have still have transactions cancel and not go through. ADMIN has no technical ability to fix the issue at hand and rejected help when offered for free.


Our Solution to the TBC Scam

We want to give the TBC community a way to stay intact as a community and continue to use a decentralized cryptocurrency with the same name, hence we simply called our new currency TBC2.
The TBC community are a strong group of members, a force to be reckoned with, and a huge user base that should not be discounted as people or cryptocurrency users, they simply need to be educated and see that TBC is not a real crypto all the time the source stays closed and the system in control of one centralized admin.


There are people in the TBC community who joined for good cause and have been lied to by Admin. Now is their chance to get out of TBC "clean" as no one signed up to join a Pyramid Scheme when they joined TBC.
There are a few people at the top who continue to push TBC even now, even though it is clearly a Pyramid scheme, and those people should be ashamed of themselves because they are taking advantage of the disadvantaged.
I will not name names, but if you are part of the TBC community, stand up for yourself and others, tell the Admin where to stick their frozen wallets and their fees, tell the members who are offering "partnerships 50/50 split" or paid "recruiting" of members for your referrals where to go. Do not put up with this closed system in control of one Admin who is scamming 1.5m+ members!



Once again - Sorry for the wall of text but as I said, in order to understand why we made TBC2, you need to know whats happening with TBC1.
We were sick of TBC Admins lies, but when he decided to reject free offers of help to fix the broken system we knew something more was happening, and then a month later when wallets were frozen and fees demanded we simply could not sit by idly while Admin scammed so many members who joined in good faith.



Clearing up some Misconceptions

We have read in several TBC community posts that we are the Admin from TBC(1). We are not.
No one knows who the Admin of TBC(1) is, we suspect we know who the admin is, and we know many others in the TBC community feel the same, but we cannot prove it and so will not comment.

We have also read that we are the developers of OBC (OneBillionCoin). We are not.

We have read in a lot of posts, mainly spurred on by TBC1 Admin that TBC2 is a worthless fake cryptocurrency.
You can clearly see TBC2 on the block chain, everything is open and transparent and clearly a real cryptocurrency token based on the Ethereum Blockchain.

The same cannot be said for TBC1, we don't even know for sure how many coins existing in TBC1 since its closed source and we have no way to know what the distribution of coins actually looks like. We understand however that admin is the sole miner on the network of this closed system and the block reward for TBC is 500 TBC per block, blocks every 1-2 minutes. So only 360k to 720k TBC a day being mined. At current price that's only 38,880,000 - 77,760,000 BITCOIN worth a day.........



Our website has a lot more information than posted here. Including bounties, how we got involved in TBC and what led us to make TBC2, guides to setting up and using wallets and a news section where you can keep up to date with the latest info for TBC2.


Translations

Filipino - Translated by user imyashir - https://bitcointalk.org/index.php?topic=2302088.0

Do you have bounty?

[ERC20Club]

Yes, sorry, bounty link is here: https://bitcointalk.org/index.php?topic=2298419.0

Edited OP as well.

[duongtien86]

Yes, sorry, bounty link is here: https://bitcointalk.org/index.php?topic=2298419.0

Edited OP as well.

Edit done. Check!

[ERC20Club]

Thank you, updated OP with a link to your Translated ANN.

[ginobitcoiner]

tbc makes a lot of debate in the crypto community, hopefully by moving to the etherum platform tbc2 can be even better. 

[benres]

TBC (1) is the most widely and actively scam coin right now around the world, you are doing a good job for the victims of the TBC (1) scams!

[duongtien86]

Trust Dev!

Good luck success!

[ERC20Club]

tbc makes a lot of debate in the crypto community, hopefully by moving to the etherum platform tbc2 can be even better. 

I agree, but just to be 100% clear, we are nothing to do with the original TBC people. We made TBC2 because we are sick of TBC1 Admin lies and scams.
We hope with TBC2 people can see this is transparent and truly decentralized and we cannot control it or charge wallet fees or anything.

Thank you everyone for your support!

[free2yu]

  just  bounty  ,no  ico  ?  wang to  buy some .

[Arya Aditama]

i look your project symbol and i so believe this project will success, i can look future of this project from the supply token until like that, i will join but i still look the ICO soon

[Fu.Sin]

Not quite clear. If the previous coin is controlled by one person and commits fraudulent actions, why did you name your coin also, the only thing that was added was the version number 2. This also causes some confusion.