Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [IBC] IronBankCoin - Blocktech Hosted Network|7-DAY PRE-SALE|BlockchainApp
by
jackfruit
on 16/08/2014, 15:06:25 UTC
Warning, this coin is highly likely a scam. "Developer" made cheap scrypt clone and attached some story to it then contacted pump and dump company to back him up. There is
nothing to show here, not even a handdrawing of supposed game and no one from blocktech actualy posted here to confirm some deal was made and software or even a draft of
a game actualy exist.

You should be highly skeptical when no ones (unknown people) start asking for massive amounts of money in advance for vapourware, in over 95% of past cases it was a scam.
Oh really? I beg to differ: https://twitter.com/BryceWeiner/status/498214246099218432 bryce weiner is a highly affiliated with BlockTech.

Once he posts on this thread and provides something of a substance I might change my opinion, until then I think this coin is highly likely a vapourware and thus a scam. Nothing
will be delivered, there will be no game or anything else claimed in starting post.

Criterias for a red flag are as follows:

1. Newbie account.
2. Promises something no one ever made.
3. Asks for a lot of money to supposedly start working on 2.
4. Is in a hurry, like 7 days presale or 7 days mining.
5. Provides no proof for anything, just promises, promises and more promises.

All 5 criterias are fulfilled here - a major red flag!

I guess you don't know that coinweaver is Bryce's account here. He's already confirmed in this thread that Blocktech is supporting this coin.