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Author Topic: BEWARE OF SUPER SCAM: P2PB2B claim to be worlds biggest exchange !  (Read 2369 times)
AmoreJaz
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October 24, 2019, 09:31:10 AM
 #21


None of this proves anything and have you considered that if this is a legitimate project then affectively you are a negative contributer to the crypto world? It's half assed allegations backed with useless evidence.

I'm not saying this is a scam or it isnt. My issue is this thread and others like this are made and even though you feel you have provided sufficient proof it's a scam in most the allegation threads I can normally find a legitimate reason they would do such things for the good a the project of it was legitimate. It's a tough competition in the exchange market and even legitimately run for long periods of time exchanges have been caught publishing fake volumes, it's great promotion simple as that and if he is doing it well then he also needs to do it to keep up.

Did you read all the suggested topic and user experience with this exchange?
depicting a false trading volume and creating a false image that is successful is a fraud. users are misled that they can use this exchange for trading and when they find out it's not true, they have a problem to withdraw his money from there. Similar allegations do not come from just one person.

To be fair if your looking to invest in anything in this world you should always proceed with caution and do the research needed and only risk money you can afford to lose and work out what's a fair amount to risk after doing a risk assessment.


There are people who are not skilful on their own to recognise a scam or to do deeply investigate before invest. That is why they are made exchanges like this, and these are the reason why warnings are made.

point made! the major prob is for the noobs that dont know the background of such exchanges and when they trade with them, it might be too late when they find out they are being screwed.
so it is really helpful to have this kind of thread so people are being warned for what might happen to their hard-earned money. but they have all the freedom to deal with those exchanges, at least they have forewarning and its on them afterwards.
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October 24, 2019, 11:39:03 AM
Last edit: October 24, 2019, 11:59:31 AM by JollyGood
 #22

~snip~
None of this proves anything and have you considered that if this is a legitimate project then affectively you are a negative contributer to the crypto world? It's half assed allegations backed with useless evidence.
~snip~



Another pathetic imecile added to my IGNORE list. He does not believe p2pb2b scam exchange is the biggest in the world and does not believe its sister company coinsbit scam exchange is the 36th biggest exchange.

This newbie fool has ignored the main part of the post other another agenda which can be seen in his post pattern.

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October 24, 2019, 12:53:01 PM
 #23

There are enough reports about fraudsters P2PB2B and COINSBIT, the fake volume and fake bitcointalk accounts make looks this two exchange more shady of what they already are
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October 24, 2019, 01:16:08 PM
 #24

~snip~
None of this proves anything and have you considered that if this is a legitimate project then affectively you are a negative contributer to the crypto world? It's half assed allegations backed with useless evidence.
~snip~



Another pathetic imecile added to my IGNORE list. He does not believe p2pb2b scam exchange is the biggest in the world and does not believe its sister company coinsbit scam exchange is the 36th biggest exchange.

This newbie fool has ignored the main part of the post other another agenda which can be seen in his post pattern.


Newbie to post on this website yes but I visit a lot, this is what I actually consider the biggest critic of any project and it's always good to see the opinion of the biggest critic to weigh into the factors.

But as anyone here would know there have certainly been a lot of legitimate projects have allegations thrown at them. In your allegations you call the owner "super scammer" but where is the proof of this?

There is a very fine line between a scam project and a badly run legitimate project, also between a scam project and a project that gives fakes advertising to gain attention.

With you weightless allegations, as in what real evidence have you provided that it is a scam project and not just a legitimate project giving false advertising to try and boost the project? Nothing it's just your opinions and others opinions and a couple of people who had problems withdrawing , but did they withdraw eventually? I'm sure plenty of people have made successful withdrawals.

I noticed and I'm not sure if you wrote it or one of the sheep that jumped on your band wagon but talks about being able to withdraw CND tokens as if you can't it's a scam project. Now who ever wrote that I couldn't be bothered finding it is a noob. A tiny amount of research and it is easy to find that the tokens are able to be used on the exchange 24th December the day after final distribution. So please before you go running your mouth make sure you know what your talking about.

Personally these Jolly big allegations come with tiny amounts of evidence and a bunch of hearsay. I have read all the review websites and spent many hours learning everything I could about this project which I don't think you have done. Only one review suggests anything suss buy unlike you doesn't go pointing a finger just highlights a few factors that could been seen as suss, also have many legitimate reasons.

My conclusion is that it is most likely a legitimate project and I would be very surprised if those volumes are even close to real and yes maybe they pushed that one a little far but I personally don't hold that against them as I'm convinced all exchanges buff up the volume. With the status quo it is a must. Binance has its token listed on Coinsbit and it would be very interesting to see what their big wigs are saying, that would certainly expose a lot of fact.

So please jolly go ahead and reply to my message with a heap of links from this website that hold just as much weight as your allegations if you feel that's what is the best thing to do. Personally I feel that you should post allegation threads unless you are going to bring compelling evidence to say the least. I feel the effort and evidence you have provided is extremely noob.

I believe you have this wrong and if so are you going to apologize for running your mouth with half assed research, even less evidence to back it. If in the not so far future this project is undeniably legitimate?

So for the greater good of the crypto world balance out factors such as how much damage you can do to a legitimate project vs how many noobs you might save from being scammed by one project, they will get scammed elsewhere at some point anyway if they where silly enough to be vulnerable before you might of saved them, but do those type of cannon fodder actually even ever visit this website and read your posts? Not very likely.
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October 24, 2019, 01:29:15 PM
Merited by mosprognoz (1)
 #25



if you know for the fact that you are not trading on these two exchanges and not visited on them even once, you really would be amaze how they got to the top of the list on CMC. users had already seen it since the start of IEO that these small exchanges are the ones that's going to scam investors. they may list those tokens but that's only it. both the team and the exchange can laugh to have got away with all these. i'm sure its not just these two exchanges.




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Dutchytalk
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October 24, 2019, 02:08:04 PM
 #26

BEWARE OF p2pb2b AND coinsbit EXCHANGES


https://twitter.com/binance - 1 million+ followers
https://twitter.com/p2pb2b - just 33k followers
https://twitter.com/c0insbit - just 19k followers
Snip!

Ok so this proves what exactly? Binance a fully established successful exchange has more Twitter followers over these two exchanges as they should?

Well this brought an interesting fact that no one else has decided to dig up which I feel is a critical fact. I haven't checked if Binance ever used airdrops as a means to make anyone who wanted the freeby buff up their following on social media and also I haven't checked of P2PB2B did either.

But Coinsbits certainly didn't make anyone follow any social media to meet the requirements of their free CNB token and have relied upon good old fashion word of mouth. This is certainly not a factor that a scam project would choose. They always rely on social media shockwaves to create a big smoke screen.

https://cryptokiemtien.com/coinsbit-exchange-airdrop-cnb-token-earn-5000-cnb-tokens-free/

This fact makes those numbers you posted actually quite impressive.

Maybe a through tactic when pointing the finger could be to see if you can prove the project is legitimate with as much effort as you try and prove its a scam, in saying that you have not made much effort to point the finger on this project. I personally will be bringing this all back up in the future if you have got this one wrong and will be highlighting all your mistakes in a complete breakdown.

I expect to be doing this as a matter of my opinion I'm pointing the finger at you claiming you have this one wrong and clearly have not done enough research to be pointing fingers. A very detailed version I will provide of my opinion is right and an apology if your opinion in advance is correct, though I still feel your effort on this allegation is rated E-
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October 24, 2019, 02:55:43 PM
 #27

BEWARE OF p2pb2b AND coinsbit EXCHANGES


https://twitter.com/binance - 1 million+ followers
https://twitter.com/p2pb2b - just 33k followers
https://twitter.com/c0insbit - just 19k followers
Snip!

Ok so this proves what exactly? Binance a fully established successful exchange has more Twitter followers over these two exchanges as they should?

Proves that they are much more successful than Binance. They have a much higher trading volume of a fully established successful exchange with far fewer users. there is nothing strange to you or you just seem naive?

I find you spreading FUD to coinsbit and p2pb2b just because of a few free coins. Free, worthless airdrops serve to praise them and look away from the real problem.

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October 24, 2019, 09:59:18 PM
Last edit: October 25, 2019, 09:46:02 AM by JollyGood
 #28

BEWARE OF p2pb2b AND coinsbit EXCHANGES


https://twitter.com/binance - 1 million+ followers
https://twitter.com/p2pb2b - just 33k followers
https://twitter.com/c0insbit - just 19k followers
Snip!

Ok so this proves what exactly? Binance a fully established successful exchange has more Twitter followers over these two exchanges as they should?

Proves that they are much more successful than Binance. They have a much higher trading volume of a fully established successful exchange with far fewer users. there is nothing strange to you or you just seem naive?

I find you spreading FUD to coinsbit and p2pb2b just because of a few free coins. Free, worthless airdrops serve to praise them and look away from the real problem.


That user has an ulterior motive, is definitely is not naive.

Writing the trash he did then having a referral link to p2pb2b sister scam exchange coinsbit makes some of it clear.

I have added the user to my IGNORE list as I cannot be bothered to read his trash posts.

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October 25, 2019, 03:21:58 AM
Last edit: October 25, 2019, 04:10:05 AM by Dutchytalk
 #29

BEWARE OF p2pb2b AND coinsbit EXCHANGES


https://twitter.com/binance - 1 million+ followers
https://twitter.com/p2pb2b - just 33k followers
https://twitter.com/c0insbit - just 19k followers
Snip!

Ok so this proves what exactly? Binance a fully established successful exchange has more Twitter followers over these two exchanges as they should?

Proves that they are much more successful than Binance. They have a much higher trading volume of a fully established successful exchange with far fewer users. there is nothing strange to you or you just seem naive?

I find you spreading FUD to coinsbit and p2pb2b just because of a few free coins. Free, worthless airdrops serve to praise them and look away from the real problem.


That user has an ulterior motive, is definitely is not naive.

Writing the trash he did then having a referral link to p2pb2b sister scam exchange coinsbit makes some of it clear.

Well Jolly I don't know how well you can comprehend English but as far as I'm concerned I have been very direct about my opinions.

No ulterior motive just exactly what I have written but just incase you have missed my whole point I will break it down into layman's terms for you:

- Your allegations are backed with very weak evidence.

- I feel your opinion about this project is wrong.

- I agree that it is most likely the volumes are fake, but doesn't mean it's a scam project. Most if not all exchanges would buff their volumes.

- You should not make allegations without doing sufficient research to prove your opinion with some sort of comprehensive evidence.

- Your intentions might be nobel but with the amount of effort you have put into your allegations you are bound to get many of these opinions wrong. In turn you are going to do more harm then good for the crypto world over time.

- My stance is I am open to the possibility it could be a scam project as I am not naive, after doing a lot more research then you I feel that it is a lot more likely it is a legitimate project. Your are naive on the other hand with tunnel vision.

- I feel this topic needs discussing and instead of just criticism towards me why don't you do something productive and find something conclusive that proves this is a scam project.


What happened to the guy who was posting in scam projects with a banner that read something like

"BIG ALLEGATIONS REQUIRE EVEN BIGGER EVIDENCE"

Something along those lines, meaning the same thing. Because he would understand what I am saying and I'm sure he would agree that your effort on this topic you started is very poor.

Look let me help you out, here is a few links that are actually quite hard to find without putting in some sort of effort:

https://rates.guru/en/exchanger/coinsbit.pro/reviews.html

Well good chance you wrote this review as it just lists as scam without any effort, less effort then yours to be fair.

https://nomics.com/exchanges/coinsbit/reviews

This review you really should read as it will save you a lot of time. This is some very constructive criticism of the exchange with a lot of good points which I'm sure might help you find some comprehensive evidence if any actually exists. But even though he has clearly done more research then you he isn't narrow minded in his opinions like yourself.

So please find the smoking barrel I encourage you to make the effort to back your opinion and that will save me spending anymore time on this project.

As it stands there are the two links above and the scam allegations on this forum as the only information I can find against this project. Up against a lot of positive reviews and facts. Which weighing it all up I have came to the opinion that it is more then likely a legitimate project.

Let's make this clear, volume buffing is done by legitimate exchanges also. If that's the best you can find that won't change my opinion. I already believe they are over buffing their volumes and I think it's a valid tactic in this industry especially for a fresh exchange to help get them off the ground.

Of course I would rather see only legitimate volumes of every exchange but the reality is in an industry that has no governing body this will never happen and that's just reality.
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October 25, 2019, 09:16:46 AM
 #30

https://nomics.com/exchanges/coinsbit/reviews

This review you really should read as it will save you a lot of time. This is some very constructive criticism of the exchange with a lot of good points which I'm sure might help you find some comprehensive evidence if any actually exists. But even though he has clearly done more research then you he isn't narrow minded in his opinions like yourself.

What is there constructive? they are no proof with shit good project comments like:

Quote
Coinsbit is the next generation of Cryptocurrency Exchange

Quote
I registered everyone I could on this exchange. Well earned!

Quote
One of the best exchanges. Real earnings!

Quote
Exchange really gives the promise! Earned and be satisfied.

Go trade there, risk your money but don't recommend it to anyone.

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October 27, 2019, 08:54:10 AM
 #31

Is it unregulated or a scam?  It seems like that is a matter of opinion.  I definitely don't think it's cool to report bid/ask prices that are not actually bid/ask prices executed by traders and are actually wash trades not touchable by anyone else.  But it is their exchange with regulations or lack of regulations that allow them to do that. 

I can't take it too seriously and people should be adults and read their terms of service before they get involved with such exchanges.

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October 27, 2019, 11:03:17 AM
 #32

Is it unregulated or a scam?  It seems like that is a matter of opinion.


Both coinsbit and its sister exchange p2pb2b (both owned by Ukrainian scammer Valerii Solodovnyk) cam back on to the scene at t end of 2018 after hibernating.

The IEO craze was their driving factor. They are inflating figures so they can do 2 main things. One is to charge projects $100,000 to list their tokens and the other is to collude with projects running IEOs (or run their own fake IEOs) to pump them an get financial benefit for themselves.

The notion that p2pb2b is bigger than Binance is preposterous. Checking their order books show they are scammers sending fake volume sto CMC to impress gullible investors and newbies.

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November 02, 2019, 02:58:26 AM
 #33

Is it unregulated or a scam?  It seems like that is a matter of opinion.


Both coinsbit and its sister exchange p2pb2b (both owned by Ukrainian scammer Valerii Solodovnyk) cam back on to the scene at t end of 2018 after hibernating.

The IEO craze was their driving factor. They are inflating figures so they can do 2 main things. One is to charge projects $100,000 to list their tokens and the other is to collude with projects running IEOs (or run their own fake IEOs) to pump them an get financial benefit for themselves.

The notion that p2pb2b is bigger than Binance is preposterous. Checking their order books show they are scammers sending fake volume sto CMC to impress gullible investors and newbies.

I will also be the last to believe that they are the number one exchange if we are going to have a poll here Binance and Kucoin, in my opinion, will be battling in the top position, not P2PB2B, an exchange that keeps inflating or faking their volume has a hidden agenda on it, they want more coins to prefer them over the others, and you hit it again, they are going to charge high listing fees, because they claim to be the number one exchange, if they cheat their system, what more can you expect, will they do to their users.

Yeah so... guys, believe me, I hated this exchange for a good two weeks too while I was waiting for a few coins to finally arrive in the account and by the time they arrived I had missed the trade opportunity I was looking for.  And then when I did go to trade it wasn't worth it and there were trades going through that I couldn't even touch.

HOWEVER... lol...

No one has offered actual proof of any scam.  They are UNREGULATED or regulated very loosely where they are incorporated to do business.  Some may not like and others may be just fine with it.  Look, it is obvious some things are taking place that are "traditionally" considered a scam.  Prices are being artificially inflated or propped up.  Volume is reported is often times from what regulated markets would call "WASH" trading.  But these are problems in REGULATED markets.  There are pros and cons to what they are doing.  Now that I have been around in their markets a bit longer I actually see some nice trading opportunities compared to assets being traded on other markets. 

I am very interested in any evidence of ACTUAL scams but I am also VERY interested in the clear discernment of perceptions that are obviously based on how people think things should be regulated.  Some states/nations legalize various vices while others prosecute as crimes.  One of the biggest things I've enjoyed about blockchain is its disruptive nature.  I think exchanges like p2pb2b are sort of cool for making us rethink existing regulated markets.

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November 02, 2019, 04:31:49 AM
 #34

they do wash trading, i was watching the BTC USD maket and all trading happening are not executing from the orderbook, so while the book stay the same not moving the trade history is full running with data, so how is this possible? yes internal trading bot manipulating the exchange trading history so can be on the top of coinmarketcap, and this raise alarm that it can be a possible scam, because why they will need to do this? the reason is to attract users who might think this exchange has good liquidity but is all fake, so my personal opinion is to avoid this exchange because is a possible scam
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November 02, 2019, 04:56:08 AM
 #35

they do wash trading, i was watching the BTC USD maket and all trading happening are not executing from the orderbook, so while the book stay the same not moving the trade history is full running with data, so how is this possible? yes internal trading bot manipulating the exchange trading history so can be on the top of coinmarketcap, and this raise alarm that it can be a possible scam, because why they will need to do this? the reason is to attract users who might think this exchange has good liquidity but is all fake, so my personal opinion is to avoid this exchange because is a possible scam

Anyone can see the near mirror trades with slight differences taking place.  And it's completely visible while this is happening so where is the scam?  Regulated exchanges have arranged trades that also generate volume.  How is this different?

edit:  just want to be clear.. based on my own experiences I can't recommend this exchange.  however, I do currently use this exchange for some small trades.  I may have better or worse comments later depending on how that works out

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November 02, 2019, 10:24:20 AM
 #36

Both coinsbit and its sister exchange p2pb2b (both owned by Ukrainian scammer Valerii Solodovnyk) cam back on to the scene at t end of 2018 after hibernating.

The IEO craze was their driving factor. They are inflating figures so they can do 2 main things. One is to charge projects $100,000 to list their tokens and the other is to collude with projects running IEOs (or run their own fake IEOs) to pump them an get financial benefit for themselves.

The notion that p2pb2b is bigger than Binance is preposterous. Checking their order books show they are scammers sending fake volume sto CMC to impress gullible investors and newbies.

I will also be the last to believe that they are the number one exchange if we are going to have a poll here Binance and Kucoin, in my opinion, will be battling in the top position, not P2PB2B, an exchange that keeps inflating or faking their volume has a hidden agenda on it, they want more coins to prefer them over the others, and you hit it again, they are going to charge high listing fees, because they claim to be the number one exchange, if they cheat their system, what more can you expect, will they do to their users.


The idea or the notion these Ukrainian scammers operate an exchange bigger than Binance is an absolute joke. A 30 second look at their orders actually shows them to be faking on almost single pair.

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November 02, 2019, 11:21:25 PM
 #37

Well, it is better to trade with caution. If a scam accusation has been leveled against an exchange, I will rather stay off when there are many alternatives

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November 02, 2019, 11:43:02 PM
 #38

Both coinsbit and its sister exchange p2pb2b (both owned by Ukrainian scammer Valerii Solodovnyk) cam back on to the scene at t end of 2018 after hibernating.

The IEO craze was their driving factor. They are inflating figures so they can do 2 main things. One is to charge projects $100,000 to list their tokens and the other is to collude with projects running IEOs (or run their own fake IEOs) to pump them an get financial benefit for themselves.

The notion that p2pb2b is bigger than Binance is preposterous. Checking their order books show they are scammers sending fake volume sto CMC to impress gullible investors and newbies.

I will also be the last to believe that they are the number one exchange if we are going to have a poll here Binance and Kucoin, in my opinion, will be battling in the top position, not P2PB2B, an exchange that keeps inflating or faking their volume has a hidden agenda on it, they want more coins to prefer them over the others, and you hit it again, they are going to charge high listing fees, because they claim to be the number one exchange, if they cheat their system, what more can you expect, will they do to their users.


The idea or the notion these Ukrainian scammers operate an exchange bigger than Binance is an absolute joke. A 30 second look at their orders actually shows them to be faking on almost single pair.


Later on, I think they will get tired of doing the manipulation of their trading.
Their approach to be on top is not sustainable.
Give them maybe a year or couple of years, and we will see their true color.
But if they will continue, maybe with the help of their trading bots, what is there to gain with this action?
They will just gain more haters from the crypto community. And traders will slowly run away from them.
It is their choice anyway.

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November 03, 2019, 02:20:16 AM
 #39

They are using their bot so they can charge huge amount to those who wants to list their coins the only coins I have that is listed in their exchange that is not listed anywhere else is a shitcoin name LIKERR, I'm ok not to dump this coin and just rot in my wallet than to use this exchange, developers should not prefer this exchange for faking and claiming to be number one.

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November 04, 2019, 11:27:43 AM
 #40

I was also hit by a scam from this market.
is nobody here opening a discussion to delist this market from coinmarketcap?
Very bad day for me..
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