XtraBytes slow and hidden exit scam

Probably you heard of XtraBytes before. It is the shitcoin making marketing for 2 years without any publication so far but claiming to have a revolutionary technology that one guy invented who is anonymous. The revolutionary code is hidden because they say they want to have a patent and all their believers are waiting for more than a years for this patent to be filed. Surprisingly this did not happen yet and no one has seen the code or can approve it even exist.Nothing of substance has been released for the last 2 years, no one can approve the code to exist. The developer is like lost, you never read anything from him. Just read some things on their discord, you will not find any proper answer to serious questions because all people asking critical questions are removed from their discord. Just try it on your own, go to their discord and ask some serious questions. You will NEVER get a proper answer, because they have none. How should they, they are empty handed.​But the exit scam is already happening and the developers are involved. It is pretty simple by looking at it. They have "invented" a token out of thin air without the possibility to trade it except on their own platform for XBY which is not yet working on their own blockchain but on the old bitmox scam.​They say it is a community coin but since the company is "XtraBytes Ltd" and filing a patent, this is for sure no community coin. They pay their developers in XFUEL and the developers trade their XFUEL to XBY with the community and people being dumb for trading their tradeable coins for untradeable coins. This is a pretty comfortable scam. Developers will build an illusion of developing something, like some designs of clients or a new website and get paid without the company having to invest any money. People stay confident because of the development and go on buying XBY from the developers who bought the XBY from them before with XFUEL, just to buy more XFUEL from them.​The question is simple. If the developers are confident in their work, why selling their coins? Just imagine you are working for a company developing a blockchain project and being paid in their coins, would you sell the moment the project is not published or wait for it to be completed and go to the moon as it is predictable by the developers? It is not just one developer who might be short on money at the moment. No, you can see that all of them are selling XFUEL and they sell a lot!​But see for yourself how all the developers are selling their XFUEL:​https://i.redd.it/jhayjiek0m621.png​https://i.redd.it/nj39bphl0m621.png​https://i.redd.it/uf8gmy9m0m621.png​https://i.redd.it/tcq0kh1n0m621.png​Do not think I want to fool you, you can easily enter their discord and check all my screenshots and compare them with their channel.

Submitted December 26, 2018 at 06:43PM

No comments:

Post a Comment