Quote from: shadowhlohavec on December 03, 2016, 05:44:35 PM

Hello everybody, recently I started with research into different Ponzi schemes, doublers, hyips and also joined few communities and groups on facebook, as I could see a lot of people were selling some thebillioncoin, I heard about it but nothing more, I couldn't find it on any exchange...
Later I found tbc official website and read all information about the coin. They were saying that the price can go only up, that's definitely some sign of ponzi scheme for me, or some scam... I have read a lot of threads and posts about tbc and figured out that it doesn't have good reputation between members of btctalk... But I wanted to try it on my own, I managed to buy 60 Tbc for 0.2$ each from peer to peer seller, I received it on my browser wallet which is btw hilarious Cheesy

And then I tried to sell it, the official price was about 120$ per 1 tbc but to sell it for this price is impossible Cheesy

You put your sell order on the tbc official exchange and when the price goes up your order is simply deleted and tbc is refunded back, some users were saying that you have to be between first orders, so I tried it next day and I was between first sellers who put order but order was deleted again...

As I said before a lot of people in facebook groups are trying to sell this coin because they were persuaded by scammy sellers who were persuaded by another sellers to buy tbc and later sell it for more, but there is no way to sell it... These people are mainly from poor countries like Nigeria, Philippines they bought this coin and now need money and they are suffering because of it... Later I joined some groups focused only on tbc, and a lot of people believe there that they will become millionaires and have false hope, The developers are taking all the money from buy orders on the exchange in my opinion and they will do it forever... If they will open exchange and allow selling the tbc there will be created massive sell wall, a few days ago it was around 12 000 BTC! I tried to sell it also peer to peer like how I bought it but, I was only scammed of 2.5 tbc (and lot of people were scammed too trying to sell their tbc which they bought for 100$+) Sad

The majority of people who are buying tbc nowadays, have no experience in cryptocurrency world and they believe it will be next bitcoin, I tried to explain it to some of these people but they are stubborn, nobody want to hear bad news about project where he has invested some money hmm? Cheesy

So I was thinking about making some video about tbc, ponzi schemes, and reasons why people should not buy it, but I'm only 18 and my English isn't good enough for this... The best thing will be if somebody with bigger experience in crypto creates a video about this... People from Nigeria earn 60$ per month, and then they are scammed by something like this because of lack of information?! This isn't right! What do you think?

Wish I could have purchased it at that price. I use this all the time for goods from iPads, clothes, shoes, and iPhones. Not a scam, you can send me all your TBC if you no longer want them!