Infinitum Coins - is this "company" a scam?

[ChiBitCTy]

I just wanted to get everyone's opinion on this.  I've heard very little good about this coin maker from anyone here, and have heard plenty of negative things.  I am in the process of putting a lot more information together but this is a start- https://bitcointalk.org/index.php?topic=2597881.msg34156552#msg34156552

Knowledge is power- I'd appreciate hearing about your experiences good or bad.  

[1715108454]

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[1715108454]

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[1715108454]

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[bavicrypto]

I just wanted to get everyone's opinion on this.  I've heard very little good about this coin maker from anyone here, and have heard plenty of bad.  I am in the process of putting a lot more information together but this is a start- https://bitcointalk.org/index.php?topic=2597881.msg34156552#msg34156552

Knowledge is power- I'd appreciate hearing about your experiences good or bad.  

I ordered some physical coins from them in the past and did actually receive them. So in that aspect they aren't scammers. The quality is not the best but personally I like them as an addition to a physical btc collection. Regarding their ico token, I'm not the biggest fan, it seems quite fishy to me.

Just my opinion.

-bavi-

[ezeminer]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

[BrianM]

I don’t think it’s a good idea to buy loaded coins from that company.
It has to be an extremely trustworthy organization to handle the private keys, there has simply been too many cases of companies running away with the funds. Long con scam. To mention a few coingraphic and the epic Alitin Mint. Those just robbed the buyers!

[Rmcdermott927]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

Wow.  That’s ultra shady.   I almost bought a complete set a while back and I’m glad I didn’t now.  I thought they were reputable until now.   Mind sharing the address of the non-loaded “loaded” coins. 

[wheelz1200]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

Seriously wow thats terrible.  Do you know of anyone else that they have not loaded their coins (maybe you were the unlucky one off).  And yeah the bitcent verbiage is definately misleading.  Not that there is a specific official name for .01btc but it is widely called a bitcent.  I hope this isnt another scam company, too many of these over the last couple of years

[ChiBitCTy]

So here's an examples of what my coins looked like



Infinitum Bitcoins is part of Sandcastles Investment Group Limited -https://www.infinitumbitcoins.com/contact-us.html

Address
Infinitum Bitcoins
c/o Sandcastles Investment Group Limited
Geneva Place
Waterfront Drive
Tortola, Road Town
British Virgin Islands


Founder and CEO's LinkedIn page-  https://www.linkedin.com/in/zuber-mohsan-5536b612/  

I don't see anywhere on the CEO's LinkedIn page where it speaks to them being based out of the British V.I.  Here is an article that discusses why companies are often set up to be held in the British V.I. and physically located elsewhere (which raises more red flags)  http://www.businessinsider.com/british-virgin-islands-offshore-haven-where-trillions-are-hidden-2017-6

I also don't see any other employees of Infinitum on LinkedIn, please correct me if I'm wrong.

These guys are barely advertising and all web pages are extremely vague...something certainly feels very off here.  

[ChiBitCTy]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

Seriously wow thats terrible.  Do you know of anyone else that they have not loaded their coins (maybe you were the unlucky one off).  And yeah the bitcent verbiage is definately misleading.  Not that there is a specific official name for .01btc but it is widely called a bitcent.  I hope this isnt another scam company, too many of these over the last couple of years

https://bitcointalk.org/index.php?action=trust;u=525376

[wheelz1200]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

Seriously wow thats terrible.  Do you know of anyone else that they have not loaded their coins (maybe you were the unlucky one off).  And yeah the bitcent verbiage is definately misleading.  Not that there is a specific official name for .01btc but it is widely called a bitcent.  I hope this isnt another scam company, too many of these over the last couple of years

https://bitcointalk.org/index.php?action=trust;u=525376

Man it looks like either mj got taken or knows someone else that this has happened to, too.  Horrible

[krogothmanhattan]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

I bought a complete set of coins from them last year. Once they arrived via fedex...i emailed to have him load. He did so within a day or two. As far as quality...i do not recall any issues like Ty has. I wish i could take another closer look but they are stashed deep sonewhere where i do not plan to get to yet.

    As far as their ICO goes...i would not even consider it with them or anyone else for that matter.

      Some have voiced concern about loading these coins. The amount is minute..which was a risk i was willing to take. I also have them on my app that checks any public bitcoin address every 5 minutes and alerts me of any changes.

       Still when all is said and done...no paying customer should have to go what certain guys here had to go thru

[chronicsky]

So here's an examples of what my coins looked like



Infinitum Bitcoins is part of Sandcastles Investment Group Limited -https://www.infinitumbitcoins.com/contact-us.html

Address
Infinitum Bitcoins
c/o Sandcastles Investment Group Limited
Geneva Place
Waterfront Drive
Tortola, Road Town
British Virgin Islands


Founder and CEO's LinkedIn page-  https://www.linkedin.com/in/zuber-mohsan-5536b612/ 

I don't see anywhere on the CEO's LinkedIn page where it speaks to them being based out of the British V.I.  Here is an article that discusses why companies are often set up to be held in the British V.I. and physically located elsewhere (which raises more red flags)  http://www.businessinsider.com/british-virgin-islands-offshore-haven-where-trillions-are-hidden-2017-6

I also don't see any other employees of Infinitum on LinkedIn, please correct me if I'm wrong.

These guys are barely advertising and all web pages are extremely vague...something certainly feels very off here. 

yeah i remember buying these and mine look these bad as well :/
Also bought these when the bitcoin price was dropping and these were supposed to be funded by 0.01 each if i remember correct but they didn't came funded

Weren't they also doing ICO and giving free tokens to whoever bought their coins?

[wheelz1200]

So chronicsky you have unfunded ones as well?!?! Terrible, neg incoming this seems to be troubling.  I would hope some more dt members paint their account as my trust rating wont effect them much.....when is this madness going to stop.

[ChiBitCTy]

So chronicsky you have unfunded ones as well?!?! Terrible, neg incoming this seems to be troubling.  I would hope some more dt members paint their account as my trust rating wont effect them much.....when is this madness going to stop.

This is what I do not understand about this forum...how in the hell is that the case?!  It doesn't make sense to me that a legendary member who's also a coin maker with nothing but positive trust and a lot of it ..not hold significant weight?!  I mean I don't trust ya all that much Wheelz, but everyone else sure seems to! 

Unfortunately we've got yet another scam coin maker on our hands.

Oh and this scum bag is next : https://www.etsy.com/listing/575857935/limited-edition-silver-bitcoin?ref=hp_rv

[chronicsky]

So chronicsky you have unfunded ones as well?!?! Terrible, neg incoming this seems to be troubling.  I would hope some more dt members paint their account as my trust rating wont effect them much.....when is this madness going to stop.

most probably yes
mine are with MJ and he ordered a batch - so i guess let's wait for him to confirm. It's either unfunded or funded with 0.001 instead of promised 0.01

This is what I do not understand about this forum...how in the hell is that the case?!  It doesn't make sense to me that a legendary member who's also a coin maker with nothing but positive trust and a lot of it ..not hold significant weight?!  I mean I don't trust ya all that much Wheelz, but everyone else sure seems to!  

Unfortunately we've got yet another scam coin maker on our hands.

Oh and this scum bag is next : https://www.etsy.com/listing/575857935/limited-edition-silver-bitcoin?ref=hp_rv

hahahah yeah, things depend on DT1 and their trust list here- from the start thats been the case

and CHi, those are the ones which say silver but aren't really silver, right?

[ChiBitCTy]

So here's an examples of what my coins looked like


Infinitum Bitcoins is part of Sandcastles Investment Group Limited -https://www.infinitumbitcoins.com/contact-us.html

Address
Infinitum Bitcoins
c/o Sandcastles Investment Group Limited
Geneva Place
Waterfront Drive
Tortola, Road Town
British Virgin Islands


Founder and CEO's LinkedIn page-  https://www.linkedin.com/in/zuber-mohsan-5536b612/  

I don't see anywhere on the CEO's LinkedIn page where it speaks to them being based out of the British V.I.  Here is an article that discusses why companies are often set up to be held in the British V.I. and physically located elsewhere (which raises more red flags)  http://www.businessinsider.com/british-virgin-islands-offshore-haven-where-trillions-are-hidden-2017-6

I also don't see any other employees of Infinitum on LinkedIn, please correct me if I'm wrong.

These guys are barely advertising and all web pages are extremely vague...something certainly feels very off here.  

yeah i remember buying these and mine look these bad as well :/
Also bought these when the bitcoin price was dropping and these were supposed to be funded by 0.01 each if i remember correct but they didn't came funded

Weren't they also doing ICO and giving free tokens to whoever bought their coins?

Yes..so the Sir Isaac Newton coin is required to be loaded with 1000 Infinitum coins https://infinitumcoin.com/site/coin-detail.  I just checked and looks like they've sold about 40ish of 999 possible coins.  Also I now noticed it states this coin costs $220 but will get bumped to $1,670 after the ICO.  Hmm, ok thats normal  

What makes a lot of sense is that their first 4 coins are called Infinitum Bitcoins, but with their ICO they state how Bitcoins decentralization is essentially the bad thing about Bitcoin...pick a side, which is it?!

They've also got notices on their main webpage saying due to Christmas and new years there could be a shipping delay.  It it Nov/Dec again already?

[chronicsky]

Yes..so the Sir Isaac Newton coin is required to be loaded with 1000 Infinitum coins https://infinitumcoin.com/site/coin-detail.  I just checked and looks like they've sold about 40ish of 999 possible coins.  Also I now noticed it states this coin costs $220 but will get bumped to $1,670 after the ICO.  Hmm, ok thats normal  

What makes a lot of sense is that their first 4 coins are called Infinitum Bitcoins, but with their ICO they state how Bitcoins decentralization is essentially the bad thing about Bitcoin...pick a side, which is it?!

They've also got notices on their main webpage saying due to Christmas and new years there could be a shipping delay.  It it Nov/Dec again already?

bumped to 1670 ? :/
lol

They suck at updating their page. i bought the coins cos price of btc went high but on their site was low and that way we paid only 0.01 or so for the coin which was supposed to be same as funding until...

[ChiBitCTy]

So chronicsky you have unfunded ones as well?!?! Terrible, neg incoming this seems to be troubling.  I would hope some more dt members paint their account as my trust rating wont effect them much.....when is this madness going to stop.

most probably yes
mine are with MJ and he ordered a batch - so i guess let's wait for him to confirm. It's either unfunded or funded with 0.001 instead of promised 0.01

This is what I do not understand about this forum...how in the hell is that the case?!  It doesn't make sense to me that a legendary member who's also a coin maker with nothing but positive trust and a lot of it ..not hold significant weight?!  I mean I don't trust ya all that much Wheelz, but everyone else sure seems to!  

Unfortunately we've got yet another scam coin maker on our hands.

Oh and this scum bag is next : https://www.etsy.com/listing/575857935/limited-edition-silver-bitcoin?ref=hp_rv

hahahah yeah, things depend on DT1 and their trust list here- from the start thats been the case

and CHi, those are the ones which say silver but aren't really silver, right?

Yeah that guy on etsy made it look like his coin was .999 solid silver when it's only plated.  Very shady with the way his page was set up.  When I emailed and asked about silver content and mintage (says 25..there's a bunch out there)..never heard back. I saw him finagle with his webpage over the next couple weeks...moving around the silver content description and number of coins left.  This was surely due to me having issued a charge back.  He would not respond at all to me, so I got to keep the coins and my money back.  One is in the Save the Bees auction.  Actually we've got a couple nice scammers in their now, Xboxthreefixme being the other. 

[ChiBitCTy]

Yes..so the Sir Isaac Newton coin is required to be loaded with 1000 Infinitum coins https://infinitumcoin.com/site/coin-detail.  I just checked and looks like they've sold about 40ish of 999 possible coins.  Also I now noticed it states this coin costs $220 but will get bumped to $1,670 after the ICO.  Hmm, ok thats normal  

What makes a lot of sense is that their first 4 coins are called Infinitum Bitcoins, but with their ICO they state how Bitcoins decentralization is essentially the bad thing about Bitcoin...pick a side, which is it?!

They've also got notices on their main webpage saying due to Christmas and new years there could be a shipping delay.  It it Nov/Dec again already?

bumped to 1670 ? :/
lol

They suck at updating their page. i bought the coins cos price of btc went high but on their site was low and that way we paid only 0.01 or so for the coin which was supposed to be same as funding until...

Which makes it a massive red flag.  NOTHING makes sense about this company.  Did you see the CEO and how many business it says he's currently running?  lol unreal. 

[krogothmanhattan]

So chronicsky you have unfunded ones as well?!?! Terrible, neg incoming this seems to be troubling.  I would hope some more dt members paint their account as my trust rating wont effect them much.....when is this madness going to stop.

Just like Ty said...how is it you do not carry weight around here with your ratings? Also how does ones DT get created...promoted etc etc? Any links? I am curious...i figured legendary with stellar trust and feedback surely must have a certain level of DT?

[klaaas]

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

The same here. Its like i am on ignore for months now.