Is Bitcoin Incognito a scam coin?

in bitcoin •  6 years ago 

Looking at the exchanges where it is listed, Bitcoin Incognito (XBI) looks scammy to me.

If we take a look at the supply it looks too cheap, probably the team are dumping their coins.

Let me know if you think I am wrong :D

xb.png

bitcoin incognito
6 years ago by

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      ·  6 years ago 

    To the question in your title, my Magic 8-Ball says:

    Outlook not so good
    Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

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      [-]
        ·  6 years ago 

      Well so many bitcoin coins now in the top 100 but it might be a scammy one

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          ·  6 years ago 

        awesome,-smiley-162337.jpg

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          [-]
            ·  6 years ago 

          Probably is, in an unregulated industry like crypto most coins are scams. Some might be longterm scammers where they keep ya thinking you'll get rich one day soon. Then there are the quick and dirty scams that just take your eth and that's it.

          Also if the coin is built on ETH for high transactions could be an indicator that its a scam https://blog.stellarx.com/the-great-filter-why-you-shouldnt-build-on-ethereum/

          This is probably a bitcoin fork so a bit better but time will tell. Remember ICO got their eth at the peak and it seems eth is about to tank so many are selling. I didn't study the coin much so...

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