KBC scam ?

[crypto1998]

Hi guys KBC dumped from 250 sat to 60 sat do u think its scam ?
https://coinmarketcap.com/fr/currencies/karatgold-coin/markets/
it have a good rank in coinmarketcap and a lot of investors

[1715086049]

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[1715086049]

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[1715086049]

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[1715086049]

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[LeGaulois]

I know it since 2011 and Karatbars has always been a scam using the MLM business, even before they started to jump in the ICO wagon. It has even been banned in some countries, like in Canada 6 years ago. They created their coin Karatgold Coin to scam more. (white paper plagiarized etc). A cousin of Bitconnect and Onecoin. It's well documented on the web

See the remark on the top of the page you posted

We have received reports that warnings have been issued against entities affiliated with this project. For more details, please see the statements from Bafin and FSCA.

Here is where is your money



- Karatbit Foundation: BaFin issues cease and desist order to immediately stop and wind up unauthorized electronic money business in Germany
https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2019/meldung_191111_Karatbit_Foundation_en.html

- Update on public warning regarding Karatbars International GmbH
https://www.fsca.co.za/News%20Documents/FSCA%20Press%20Release%20-%20Update%20on%20public%20warning%20regarding%20Karatbars%20International%20GmbH%20-%2013%20December%202019.pdf

- Karatbars confession in front of a district court in Germany
https://investreport.home.blog/

and more...
https://cryptonewsmonitor.com/2019/07/29/karatbars-not-just-a-ponzi-scheme-but-total-plagiarism/
https://www.cointelligence.com/content/karatbars-ponzi-scheme-cointelegraph/
https://investreport.home.blog/
https://blog.cryptocanary.app/2019/08/13/karatbars-karatgold-coin-kbc-review-scam-red-flags/
https://politik-national.international/karatbars-international-gmbh-and-gcc-ag-gold-scandal-with-karatgold-coin-karatcoinbank-coin/
https://allafrica.com/stories/201905060688.html
https://www.namibian.com.na/188257/archive-read/BoN-declares-Karatbars-a-pyramid-scheme
https://behindmlm.com/mlm/regulation/karatbars-international-banned-in-canada-pyramid-scammers-fined/

[tmfp]

Hi guys KBC dumped from 250 sat to 60 sat do u think its scam ?
https://coinmarketcap.com/fr/currencies/karatgold-coin/markets/
it have a good rank in coinmarketcap and a lot of investors

Anything with Karat or Seiz in it is a scam, with huge (99%) wash trading on the notorious Chinese shitexhanges, BW and Bitforex.

Woul you really take an IOU for gold from this man?

[jcpone]

Hi guys KBC dumped from 250 sat to 60 sat do u think its scam ?
https://coinmarketcap.com/fr/currencies/karatgold-coin/markets/
it have a good rank in coinmarketcap and a lot of investors

Once the coinmarketcap gave an announcement and warning about the coin, that means the coin listed to their platform is not anymore good to invest in it. CMC was giving a 100% reminders to all investors who will try or attempt to invest in KBC is not safe anymore. So, therefore better stay away from it even the coin was being part of the coinmarketcap.

[Kemarit]

Hi guys KBC dumped from 250 sat to 60 sat do u think its scam ?
https://coinmarketcap.com/fr/currencies/karatgold-coin/markets/
it have a good rank in coinmarketcap and a lot of investors

I'm sorry but it looks like you're really late on the party, as members have pointed out, they have been exposed as scam many years ago. But the thing is that they are completely obnoxious about it so crypto investors like you should be warned. Coinmarketcap doesn't care, don't use it as a tool to look for projects to invest.

[MURONDI]

you better make a thread here : https://bitcointalk.org/index.php?board=83.0 because various scam topics are there, maybe it's just a warning from coinmarketcap, if it's really a scam why coinmarketcap still displays the kbc coins there, With that warning, of course we must be more careful with KBC coins.

[Furious 7]

https://bitcointalk.org/index.php?topic=5219323.msg53659544#msg53659544

Yesterday you said that KBC would be pumped by the pope on the altcoin board and now at the merchant's discussion you said KBC would be disbursed so where is your correct statement.

[Edraket31]

you better make a thread here : https://bitcointalk.org/index.php?board=83.0 because various scam topics are there, maybe it's just a warning from coinmarketcap, if it's really a scam why coinmarketcap still displays the kbc coins there, With that warning, of course we must be more careful with KBC coins.

As per CMC, they received a lot of reports from this coin, means we should be vigilant on it, and let's investigate further regarding this, especially if the price went dumped, for sure one of their team did it.

I heard many times about KBC was scam and some has proof, so for those who are still holding this, better to be careful on it.

[ashmodeus]

well, sad for investor,did u one of investor ?
i dunno why there still a lot of people interest with reff/multi level system. Also KBC have many many red flags.
behind MLM scheme, there also have a problem with Regulator warnings ,Non-existent crypto bank,Contradictory white-paper claims,Blatant price predictions on their white paper,Deceptive “Binance listing”,Non-existent mainnet,Mysterious KCB coin,etc.

[Baby Dragon]

Hi guys KBC dumped from 250 sat to 60 sat do u think its scam ?
https://coinmarketcap.com/fr/currencies/karatgold-coin/markets/
it have a good rank in coinmarketcap and a lot of investors

I'm sorry but it looks like you're really late on the party, as members have pointed out, they have been exposed as scam many years ago. But the thing is that they are completely obnoxious about it so crypto investors like you should be warned. Coinmarketcap doesn't care, don't use it as a tool to look for projects to invest.

You can't just depend on coinmarketcap and it should not be use as a basis before investing, try to have your own exploration because in that way you can easily find information that can help you determine if it's worth it and profitable project. Particularly these days that a lot of people are taking advantage of that opportunity to deceive investors. Don't let yourself get tricked by it's rank and by the number of it's investors because you can't easily guarantee if a project has good intention or if your money is safe and secured from scam unless you've done your own research and it was proven as legit.

[luckyflop]

When I visited KBC at coinmarketcap, I received a notice from them "We have received reports that warnings have been issued against entities associated with this project. For more details, please see the statements from Bafin and FSCA". If a project is warned by coinmarketcap it is definitely not safe, so you need to be careful when you want to invest in it. Altcoins are currently very boring, most of the altcoins are dumped just like KBC

[rijaljun]

Hi guys KBC dumped from 250 sat to 60 sat do u think its scam ?
https://coinmarketcap.com/fr/currencies/karatgold-coin/markets/
it have a good rank in coinmarketcap and a lot of investors

There are lots of reports and warning about this project, I think it is enough to put a red flag on this one. But, in trading you can even make money from shitcoin so if you are going to hold or buy more, I wouldn't stop you but please understand the risk and manage it properly.

[chennappa121]

After doing research about KBC token i get to know that the KBC have very bad reputation in Crypto Market and some experts says it is not worth for investment due to high risk may be we can lose our 100% investment because KBC may become a Shitcoin in future, so better to stay away from those tokens or coins have a very bad reputation in crypto market .

[Sterbens]

After doing research about KBC token i get to know that the KBC have very bad reputation in Crypto Market and some experts says it is not worth for investment due to high risk may be we can lose our 100% investment because KBC may become a Shitcoin in future, so better to stay away from those tokens or coins have a very bad reputation in crypto market .

Where did you do that research about this KBC coin having a bad reputation because I don't know it yet?
Looking at KBC's Coinmarketcap volume is quite good and is listed on several exchanges so that KBC is traded on various exchanges.
But I'm also not sure about the KBC coins that will be successful in the future because there is no sign of progress from this project.

[valuater]

After doing research about KBC token i get to know that the KBC have very bad reputation in Crypto Market and some experts says it is not worth for investment due to high risk may be we can lose our 100% investment because KBC may become a Shitcoin in future, so better to stay away from those tokens or coins have a very bad reputation in crypto market .

Where did you do that research about this KBC coin having a bad reputation because I don't know it yet?
Looking at KBC's Coinmarketcap volume is quite good and is listed on several exchanges so that KBC is traded on various exchanges.
But I'm also not sure about the KBC coins that will be successful in the future because there is no sign of progress from this project.

Very unsure because it seems like I agree with some of the allegations given by some people on Reddit and Steemit who say this project is only MLM and the evidence provided by them is clear maybe you can check yourself there and I'm sure you will change your mind.