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CCRB Giveaway Scam: “Refer and Get Zero”.

Screen Shot 2018-05-01 at 23.17.41
In your dreams
Screen Shot 2018-05-01 at 23.17.23
In reality

Dear All,

Understandably, many are curious what is happening to their referral bonus now that the CCRB Token Sale is over.

CCRB did clearly state, via the platform’s website and through correspondence, that the referral bonus will be paid out once the Token Sale finishes regardless whether the referrals make a purchase or not. It was repeated numerous times and as explicitly as it gets.

However, please remember that the cryptocurrency world is largely unregulated. Most of the companies are honest and abide by their promises and T&Cs. Others don’t.

Have you “worked” hard, promoted the CCRB platform and attracted 100s-1000s of referrals?

Did you get excited, looking at those hundreds of USD in your virtual “wallet”?

Do you feel screwed over now that you are all of a sudden expected to somehow make 20% of your referrals purchase something from CCRB’s so-called “partners” (are these partnerships real and unique?), even if you have no clue who clicked on your referral link? Well, sorry to say, then you learned your lesson from an interaction with a Ponzi Scheme-ish organisation.

In case it makes you feel any better (it should not), there are people who feel that they’ve been screwed over even more than you do, – those who actually “invested” in purchasing the CCRB Token when there was no indication that CCRB is interested in anything apart from increasing the perceived legitimacy of its “ecosystem” and investing in anything apart from making it seem that the CCRB token is actually worth anything.

CCRB Token Price.png

(is CCRB a scam or not? What is it all about? How true are all those numbers stated on CCRB’s website? Stay tuned for full digest of what, how and why!)

Q: I have contacted all my friends, family, posted in Facebook/Twitter/Steemit, got 400 (500, 600, 1000) people to register and was waiting for the end of the Token Sale and now I find out that, unless 80 people (100, 120, 200) make a purchase, it was all for nothing…

A: So, according to the “logic” (or absence of such, rather), you should NOT have referred many people. If you would have only referred your immediate family of five people and got your mom to buy whatever from whomever, you would receive 100% of your referral income

Ergo, the harder one worked to promote CCRB, the further he or she lowered his or her chances to get anything in return. But you did not know that up until today, did you.

Q: But they said… But they wrote… But it was stated…
A: Yes…:Screen Shot 2018-04-19 at 10.54.38
…and the CCRB “Whitepaper” states that “the token is based on the Bitcoin 2.0 protocol”. Nuff said.
…to be continued.

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CCRB Token Sale Results – This is (not) a Joke

Before the second round of Token Sale, CCRB’s Whitepaper (sic!) was like:..

CCRB works just like Bitcoin, but removes mining for profit. CCRB is 100% pre- mined and the cryptocurrency is closely linked to cash-back and loyalty platforms.

Based on the Bitcoin protocol, CCRB will virtually eliminate mining for profit – the aspect of cryptocurrencies responsible for harming the environment, through wastage of electricity.

CCRB Whitepaper Fail.png

source (hurry, before it’s taken down)

Awww, “wastage of electricity”, awww. Anyone with half a brain saw past that statement when reading through the “Whitepaper” (we recommend having a read, – CCRB’s Whitepaper is Alice in Wonderland of cryptos).

When the second round of Token Sale was coming to an inglorious end, the official CCRB Newsletter is like:..

First up, we have the Mining CPU tool, which enables users to actively mine cryptocurrency using nothing more than their standard laptop/PC and an internet connection!

Screen Shot 2018-04-27 at 13.56.59

– wait… What about the ENVIRONMENT?..

Basically, the Newsletter piece saying to all CCRB holders and followers: “look to which extent we don’t give a flying f*uck, – Whitepaper? Who gives a damn?

Phantasmagoria? Identity disorder? April Fool’s? Naaah.

Token Sales Targets barely met halfway.

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5 Biggest Cryptocurrency Scams

Cointelegraph published an article detailing five notable cryptocurrency scams.

cryptocurrency scams onecoin bitconnect plexcoin centratech pincoin

Source: https://cointelegraph.com/news/unpacking-the-5-biggest-cryptocurrency-scams

“The crypto community needs to promote financial education and ethical investment practices, otherwise governments will over-regulate and stifle real innovation. The most effective way to protect investors is through education. Investors need to learn how to evaluate investment opportunities, quickly spot scams, and know how to manage risk.”

The crypto market has immense potential, but is still immature; should its reputation continue to be tarnished by shady companies and schemes, governments will not have a choice but impose regulations at a stage when over-regulation can be lethal to the market as a whole. The sooner the market learns to self-regulate, the better; hence, pointing out scams is one of the objectives of this blog. We do not give investment advice, however we do encourage the readers to use common sense and critical thinking.

When looking at an ICO…

  • Read the Whitepaper. Is it up to industry standards?
  • Have a look at the Roadmap. Has it been followed up until now?
  • Have a look at the Team. Is it composed of Tech guys, or Salespeople?
  • Is the project unique?
  • Are there valuable partnerships? Are the partnerships real?
  • How approachable is the team?
  • Is the strategy clear and concise?
  • Are the objectives attainable and realistic?

If you have already invested in coins/tokens/ICOs…

  • Have a look at your portfolio. Critically examine the progress of every item.
  • Has the company made any progress since your first look?
  • Does the project show real signs of life, or is starting to seem abandoned? (beware, – after recent price falls, many companies are thinking of exit strategies)
  • Is the team expanding or contracting?
  • How has the market reacted to any news regarding the project?

Etc.

P .S. DO NOT FALL PREY TO FOMO. Many “investors” felt FOMO when looking at Bitcoin price in December.

 

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Competition. Is Bitlle’s appearance a wake-up call for CCRB?

Competition being the driver of progress… as well as a test of “who is who and what the fuck”…

Bitlle

Bitlle offers a… platform which offers cashback services and loyalty bonus exchange scheme to its members… In form of Etherium-based ERC20 tokens (for now)… And more.

Read the short version of the whitepaper.

Register now to get ahold of a BTL token and jump aboard the cashback/loyalty platform very early on.

“It is a pilot project of our platform and one of the tools used for primary allocation of tokens. As we speak, users can purchase goods and services via this project in thousands of online stores worldwide, receive fiat cashback and Bitlle tokens for loyalty. We test all development works first and foremost on this project.”

Bittle

The appearance of competition is nothing but positive news. The cryptocurrency market already seems overpopulated and artificially inflated. With almost 2000 tokens and coins in circulation, the market has been pushed to the degree where it becomes difficult to keep track of new developments. Google proceeds to ban open and plain ICO advertisement (the “pay us money and we will make you rich” type) to protect the consumers, however the ban (which is no more than an immune system protection of a very average consumer) will affect only new companies and only the ones too lazy to think past a flashy banner as an advertisement of their form of “revolution”.

However, companies that did undergo some form of initial coin offering have laid their hands on significant budgets and have been holding onto them for months. The question is, whether the older companies have used the funds in a cost-efficient and relevant matter (to better the system, rather than to better the appearance of a system), whether they have abided by their roadmaps, etc. Those companies will be put under, perhaps, a more serious form of pressure, – that, stemming from even newer, “younger” and very money-hungry competitors, which, most likely, have learned from the mistakes of their “fathers” and will not fall under the trap of overpromising and underdelivering.

The client loyalty market is an exciting (and very “rich” sphere), however, does it really need ten companies offering very similar services and ten tokens ?.. Do the consumers need ten extra store loyalty cards to carry around in their wallets? Wasn’t the cryptocurrency market supposed to simplify the processes of exchange of value?

Since both CCRB and Bitlle have Emirates Airlines as their cryptocurrency cashback partner, it seems that the “big business” does not mind where the influx of potential new clients will stem from.

A much closer look is necessary to compare the pros and cons of the two platforms in detail.

CCRB

Reminder: CCRB rewards the participants of its ecosystem with “cashback” in form of its own cryptocurrency, instead of traditional fiat cashback. In fact, CCRB has a very vague connection to traditional cryptocurrencies. It is merely a form of “e-cash”, which can be exchanged with actual cryptocurrencies, or some major and minor exchanges (LiveCoin, BTC-Alpha), at market rates. In effect, by making a “real money” purchase from one of CCRBs partner companies (e. g. the above-mentioned Emirates Airlines), a consumer can get up to 25% of the purchase value back in any cryptocurrency of his or her choice after exchanging CCRB ERC20 tokens to Bitcoin, Etherium, Litecoin, or back to fiat. Additionally, the CCRB tokens can be used towards future purchases (that includes the “$5” you get for registration with CCRB).

WARNING: CCRB IS A SHADY OPERATION. CCRB CARES ABOUT NOTHING BUT MAKING AS MUCH MONEY AS POSSIBLE BEFORE WITH NO REGARD TO USERS’ INTERESTS. DO NOT TRUST WHATEVER CCRB PROMISES. DO NOT INVEST IN CCRB. CCRBs T&Cs CAN CHANGE WITH NO WARNING AND LEAVE A USER WITH NOTHING. IF USING CCRB, EXERCISE MAXIMUM POSSIBLE CAUTION. 

Read: 

CCRB Token Sale Results – This is (not) a Joke

CCRB Giveaway Scam: “Refer and Get Zero”.

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Our News, Faucet News, Global News

SwiftDemand‘s Token Sale is to begin today. We have dedicated the short review to the ambitious project.

Bitlle Upd.: BTL, the Bitlle Token (every person who registers on the cryptocashback platform earns an Etherium-based Token as a reward) has been “airdropped” to our Etherium wallet almost instantly after the registration.

free erc20 token from Bittle transaction time

Freebitcoin satoshi faucet and investment vehicle is running yet another Reward Point promotion. We have previously mentioned the trick to endless Reward Tokens.

RewardPoints free bitcoin.png

George Soros called Bitcoin a “bubble” and got Carter Thomas of Coinmastery panicking.

Have a great Sunday!

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SwiftDemand and the first Token Sale: Review.

SwiftDemand

“The advancement of technology has resulted in a large amount of automation which is slowly removing the need for human labor. We have not yet reached the point where human labor has become complete unnecessary, but steps need to be taken in anticipation of a world where scarcity is no longer an issue. We believe that providing every individual with a small amount of money can empower people to focus on doing what they love instead of what they are forced to do to make ends meet.” – SwiftDemand Mission Statement

SwiftDemand is a simple platform serving a charitable cause, – providing basic income for everyone involved. In the future, however, Swifts have the ambition of becoming a word currency. Continue reading “SwiftDemand and the first Token Sale: Review.”

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NEWS: Yahoo big in Japan, Snapchat vs. ICOs and more:

yahoo cryptocurrencies

Japan, one of the Asian tigers of the cryptocurrency market is under direct attention from the country’s regulatory bodies following the multi-million dollar hack of one of the local exchanges. Binance, a Hong Kong-based exchange is under notice for operating without a license in the country (the news affected the price of Bitcoin, highlighting the significance of Binance; yet Yahoo intends to buy into one of the local exchanges, already operating and licensed in the market. 40% stake, reportedly valued at $19 million, will give the internet giant effortless market entry, with further investments expected in early 2019.

Noteworthy, Yahoo only partially followed Google/Youtube, Facebook/Instagram, Twitter and Snapchat (think investing in crypto? Think Snapchat…yes that is sarcasm) and others in restricting cryptocurrency-related advertisement. While Microsoft, a company well-known for its positive attitude and even enthusiasm towards cryptocurrency markets (one can use Bitcoin to purchase Microsoft products), Bing and Linkedin have not followed the popular trend.

More on future regulation: from G20’s discussion on cryptocurrencies France’s Minister of Finance stated:

“We agree that crypto-assets can be very interesting for everyone. And we – obviously – are in favor of blockchain technology, which can provide very good support to financial assets in Europe or anywhere in the world. We are in favor of these technologies, but we want these technologies to be secure and therefore we need to define very clear measures for their regulation.“

In other words, quoting older news based on JP Morgan’s internal report, cryptocurrencies are here to stay. Whether ICO adverts are banned by Snapchat or not.

Sources:
Continue reading “NEWS: Yahoo big in Japan, Snapchat vs. ICOs and more:”