The Scam That Is BiteBtcc and the Millions being Stolen

Hi, Steemians

                                 The Black Investor

I am writing this article to expose the shady dealings going on at Bitebtc and to hopefully prevent others from being victimized.

First I will share my personal account of what happened. Then I will share some other stories from members of the community but basically I was taken for around half a bitcoin worth of DGB.

This is a common sounding theme through the crypto space. I have a petition to have this company taken off Coinmarketcap.

I am a student and saving to get a nice crypto stack was not easy and to lose it all on a sophisticated scam that is somewhat being perpetuated by Coinmarketcap is wrong on so many levels.

To pick off us small bag holders is disgusting and the worst part is there getting some relatively big bag holders. Let me explain a bit.

Wallet Distribution is interesting. As you have herd most wallets have under 1 BTC so if they get half a BTC that's a big win for the rich and another loss for the poor. The wallets with above 1 btc usually have many Bitcoins and they usually also own many wallets. So literally the poorest people are the ones being victimized. These guys truly are cancerous!I personally believe these guys are allowed to exist for reason I am not trying to get into.

On March 20 I was looking at my stack of 200k DGB.

The price was sliding and I saw on coin market cap that the highest volume for DGB and the highest trading price at that time was Bitebtc. So I thought to myself why not move your DGB stack over there that way if you want to pull out your position you always could.

Well I did just that but DGB started to slide a little bit more. ADA was pumping due to Shelly announcement. So I said to myself let me sell my DGB stack here at a profit and grab some more ADA #winning. Well everything was fine I made the sell and since Bitebtc does not have ADA listed. I immediately went to deposit my funds back onto Binance.

Still everything was fine, even better than fine

An hour goes by and I see some some notification saying the max time it would take is 1-2 days. Alright that's fine but I check up on it every so often cause I wanna load up on some ADA I hear Shelly or their main nets dropping and I want to see these gains. Also in Charles we trust. ADA and DGB forever maybe add a little Zcash. Am I right guys.

Around I would say like 7 hours in I get hit with this

BiteBTC Team [email protected]
10:31 PM
to me

Dear Trader,

We're forced to inform that your account has been blocked due to violations of our Terms and Conditions.

This is final decision and we'll not review your applications in future.

We apologize for any inconvenience this caused.

With kind regards,
BiteBTC Support Team
https://bitebtc.com
[email protected]
I went from happy straight to get out face

I send them emails no response. I try finding there number and it's not listed. So now I start doing research on these guys and it seems like a lot of people are effected and it's being swept under the rug. Tons of articles are popping up. I go to there twitter page and read the comments and I realise that without a doubt it is a scam and the money is gone.

Our space is very small and even though some information like the tech side of things travel fast. The scammer side of things travel a lot slower. I think mainly because of the shame people feel telling a story like this. But I look at it like iff someone will see this and not lose there money cool.
We have a petition for Coin Market Cap to take them down!
Sign petition here
https://www.change.org/p/coin-market-cap-removing-bitebtc-from-coin-market-cap

These are other peoples stories.

Note: I can only verify my own story.

Bitebtc scam Exchange 16,000 reads
https://bitcointalk.org/index.php?topic=4612714.0

SHOCKING: BiteBTC is still Scamming ICOs And Users! UPDATE!
https://bestcoininvestments.com/scam-bitebtc-blocked-us-on-twitter/

Is BiteBTC a scam exchange?
https://bestcoininvestments.com/is-bitebtc-a-scam-exchange/

Claims Data Center Fire on Proof of Keys Day: Exit Scam?
https://www.ccn.com/singapore-bitcoin-exchange-bitebtc-com-claims-data-center-fire-on-proof-of-keys-day-exit-scam

A little about me I am a student that is managing a couple decent social media campaigns. I am also writing a book with the premise being that A.I is coming to take a lot of the jobs away. The book is sort of like a guide into the future. There are things A.I will be slower to adapt to such as writing, blogging, traveling and owning things. Basically anything peer to peer. Computations and a lot of sophisticated and mundane tasks will disappear before peer to peer tasks disappear.
For anyone that wants to help I would super appreciate it. Realistically campaigns are awesome because I wouldn't expect anyone to cover my losses. But a dollar or two from a bunch of people can really make a difference. But spreading the world about BiteBtc and signing the petition does the same thing as donating!

                                   THANKS FOR READING

19voKf32dZ5nUa5VRe3sH1D7NfgSNKL5hr (BTC)

DdzFFzCqrht3EJrTKvDACP4oquYiiWW15Erhx9navN7FetTUh6HcrCMmVUdHharJiYFKkRp9EA8HXyfJbEFjVRrHkCH3JBtePQoWt8wx (ADA)

DAxBB6fziPHb5LKj8acfmPY3afbmMYVeLf (DGB)