If you have not heard about it, I can not blame you, given the incessant number of Pre-ICO fundraising nowadays it's very difficult to identify a good opportunity and avoid scams.
So in this post, I decided to share with you my trough about a new ''looking good'' ICO in fundraising phase, this case study will allow you to analyze by yourself any other project and make wise decisions.
In fact, ICOs could be a good way to make big profits as it could be a fast way to lose your hard earned money, you must accept to invest only what you can afford to lose and have always plan B, C, D, ect...
The ICO we gonna study today is called BITCOIIN - 2nd Generation, I came across it doing my daily researches, what caught my attention is their claims and above all two claims:
- They claim a partnership with Dragon Mining, according to their website Johnny Chen, CEO of Dragon Mining, said, Bitcoiin looks like the next big thing.
- They claim that the celebrity figure Steven Seagal became the brand ambassador for this 2nd Generation Bitcoin.
As a matter of fact, it's not enough to make a decision but that was enough to push me to do more investigations.
On the web, I found some rare reviews from some marketers promoting this ICO, and as they are offering referrals commission 4 levels deep, almost 32.5%, I decided to rely on myself to verify their claim & read the white paper.
- BITCOIIN Whitepaper:
You can take a look at it here: https://bitcoiin.com/code/theme/default/pdf/Bitcoiin-Whitepaper-compressed2.pdf
It looks more like a power point presentation for a new MLM than a technical presentation of something new that will solve problems for the community, what they are presenting already exist in the market, maybe, we can note that if they are serious, more detailed documents should be provided in the future.
- Project Background:
There is no information about the team running this project which is a big red flag, investing in such airdrop is not a wise approach.
- Claims verification:
There is no official source or any other trustworthy source where we can find a trace of their partnership with Dragon Mining or Steven Seagal.
- My Conclusion:
I did not take the time to check with you all the aspect of this new coin, that may seem interesting, we have already too much red flag, best thing to do is to avoid investing, for now, I will keep watching and after the official launch, I may reconsider doing another review, if it's worth it ;)
It was very fun for me to do this review, I hope you enjoy it, you can make your own idea by visiting the official website, https://bitcoiin.com/, and let me know your thoughts in the comments.
.jpg)
My Selection For You
6 Fire Habits of successful Steemians !! Part4 ''They SOLVE PROBLEMS FOR Their READERS''
6 Fire Habits of successful Steemians !! Part3 ''WRITING ORGANIZED & CONCISE POSTS''
6 Fire Habits of successful Steemians !! Part2 ''POSTING AUTHENTIC HIGH-VALUE CONTENT CONSISTENTLY''
6 Fire Habits of successful Steemians !! Part1
Google new policy in image search, more prominence in copyright disclaimers!
How to refresh your mind easily and avoid black days?
How effectively you manage your time? --tips to improve your time management skills
Wanna Get notification of you steemit account activity? Upvote-followers-comments-transfers and much more..
How to Overcome Fear of Failure & Face Your Fear of Moving Forward?
How to motivate yourself and keep moving forward?
How to Build your self confidence?valuable tips to Avoid self doubt.
Bitcoin Freefall continue, is there any chance that the world's top cryptocurrency recover?
You need a boost Click below to meet awesome Steemians ready to help you
You wanna talk or have questions we can connect on Discord, steemitchat or Facebook.
For both Discord & Steemichat you can find me as @tradewolf
Tradewolf.. You should review Bitcoiin (B2G) again.. www.bitcoiin.com .. Alot has happen in 2mos...
This is a nice over view of the scenario. Keep steeming! @tradewolf
Thanks mate, yeah sure just keep steeming ;)
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly � Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by tradewolf from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.