Quote from: bentobox on November 09, 2018, 05:52:29 PM

Quote from: BDRatings on November 09, 2018, 05:18:27 PM

Quote from: mrknc on November 09, 2018, 04:07:28 PM

While I commend the OP for his work on uncovering this stuff, my question is: where is an actual scam in all of this? Seems to me the allegations are pretty much shilling on social media under aliases? Certainly, such things do not add trustworthiness to whoever is running bytecoin, but this does not constitutes scamming in my book. There are certainly many questions regarding bytecoin and what transpired this year alone, so this seems pretty minor compared to everything else.

They engage in sockpuppetry and founding of a ghost company with stolen pictures for it's employees.

The premise is an anonymous, unregulated, decentralized, egalitarian technology for anyone in the world to send value to anyone else, instantly and without fees, taxation, prejudice, censorship, or undue violations of privacy.

When a person sends value, nobody except that person and the recipient have a right to that information. Governments do not like it, but value has become information.

And wait... obtaining other people's money is bad? Isn't that like, the whole thing everyone is trying to do all day, every day?

I dont see how this has anything to do with the topic at hand

Quote from: mrknc on November 09, 2018, 04:07:28 PM

While I commend the OP for his work on uncovering this stuff, my question is: where is an actual scam in all of this? Seems to me the allegations are pretty much shilling on social media under aliases? Certainly, such things do not add trustworthiness to whoever is running bytecoin, but this does not constitutes scamming in my book. There are certainly many questions regarding Bytecoin and what transpired this year alone, so this seems pretty minor compared to everything else.

I honestly don't think anything they have done currently makes Bytecoin a scam, however, their actions are a lot more than shady and I wouldn't be surprised if a lot more begins to come out in the future. Regardless of scam or not, before you take a foot into Bytecoin territory, ponder for a while what exactly you are getting into.