Is the Billion Coin (TBC) currency a scam?
You may have heard of TBC digital currency. These days, the name TBC digital currency, or The Billion Coin, is heard more than ever. In this article, we try to look at this currency to find the reason for all this fuss. Like Pie Network and Doubleday, this digital currency has no history, and you should realize that TBC digital currency is a new scam, and you should avoid it.
What is TBC Digital Currency?
According to the creators of Billion Coins, Billion Coins launched the currency in March 2016. This currency promises to make a profit at any time, regardless of market conditions. TBC claims to be a decentralized cipher. According to him, this currency is a severe competitor to Bitcoin. But the formula and structure of TBC are exceptional and different from currencies like bitcoin.
The value of a billion coins depends on the growth of users and their number! Billion Coin convinces people to invest with a false explanation similar to Bitcoin. But with further investigation, you will find that the TBC digital currency bears no resemblance to Bitcoin. A decentralized currency can depend on its centralized statistical community and be similar to bitcoin. So this simple point can be a turning point in recognizing this fraudulent currency.
TBC market value
To start researching the profitability of a currency, it is best to Coinmarketcap.com visit Market Cap is an excellent place to check the price of Bitcoin and all cryptocurrencies, the volume of transactions, and its history in the market. When you go to the CoinMarket Cap site to check out TBC digital currency, you get stuck very quickly; Because TBC digital currency is not on the list of “CoinMarket Cap” cryptocurrencies. When money claims to have 10-fold profit potential, it should be readily available and found.
To continue our research, we searched for TBC digital currency on Worldcoinindex.com but again found a negative answer. A billion Coins do not exist in the CoinMarket Cup or the Word Coin Index.
Now we will search the blog address of this currency, “TheBillionCoin.info,” in the Google search engine. In the initial review of the site, you will see a WordPress site with slider-like themes, which, when compared to other cryptographic sites, you will find that such articles do not exist on similar sites.
The billionaire coin makers’ most thought-provoking claim is that they rank fourth in terms of market value after Bitcoin, Ethereum, and Light Coin (at writing, Ripple is third). This claim is made while the name of this currency does not appear in the list of valid currencies. Given this, Billion Coins can see that this claim is nothing more than a lie, and if this claim is correct, the name of this currency should be in the “Kevin Market Cup.”
Interestingly, the billion Coins site announced its 10-fold profitability in a news release. According to this news, it has been said that when the leading investors invested $ 100 in these cryptocurrencies, their capital increased 10,000 times only after six months !!
Buy as much TBC digital currency as you can. The value of billion Coins will never be so low.
The creators of this currency can use the feelings and emotions of failed and hopeless people in the cryptocurrency market to steal even a small amount of their capital with empty promises.
Many people have been deceived by the billion Coins’ digital currency and invested in it, hoping for it.
Features of TBC digital currency according to the claims of its creators
- Has guaranteed profitability.
- A billion Coins will never cut off its profitability.
- Depends on the statistical community of its users. (The more members there are, the more profit you make.)
- Gives between 1 to 5 percent profit to its users every day.
- You need to be approved by TBC to get started.
- Its value is not in dollars but euros.
- A billion Coins can not convert to any other cryptocurrencies.
- A billion Coins cannot sell it.
Prizes for membership in the Billion Coin program
A billion Coins’ digital currency is the same as the Panzi scheme. The price of billion Coins is claimed to be constantly rising, and adding new members who join TBC or buy TBC digital currency will increase your profits. For example, according to its creator, if this currency has 2000 users and then by you or other people, TBC members reach 5000 people, it will benefit you or the inviting people and quickly generate income.
How is TBC Digital Currency Profit Calculated?
TBC Digital Currency Profit is calculated by multiplying the approved members buying one euro.
Price = TBC Number of approved members × One euro
According to this formula, the more people buy TBC digital currency, the more TBC buyers profit.
Introduction of TBC Digital Currency Calculator
Billion Coin is said to be using a software formula to track the growth of new members. This is done by multiplying each person by one euro. But if you notice, the TBC digital currency does not use the dollar but the euro. You may be looking for the reason for this, but so far, no one knows the reason for this. So, for example, suppose a billion Coins have one million members; So we have to multiply one million by one euro because the price of each billion Coins is 1 euro. Also, according to the makers of TBC, the cost of this currency is growing by 1 to 5 percent every day. It is rumored that this growth will continue until it reaches a value of one billion dollars, which is why the name billion Coin has been chosen for it.
Billion coin exchanges with Fiat currency
The creators of TBC digital currency always warn that they should not buy and sell this currency at a lower price, and this should always be done at the current price, and if this is not observed, it will have consequences for the user. In addition, they emphasize that they should not distribute billions of coins as gifts and prizes and that the amount must be paid. Failure to comply with the rules mentioned in the agreement will result in a notice from the managers !!
Some great reasons to prove TBC’s fraudulent
- CoinMarketCap is a trusted source for cryptocurrencies, and a billion Coins are not on the CoinMarket Cap’s currency list.
- According to the law of supply and demand in the cryptocurrency market, billion Coins’ claim of permanent profitability is rejected. Is it possible for a currency to make a profit forever!
- Examining reputable exchanges, you will see that no reputable business has offered TBC. This means that TBC has no value and can not be maintained, and TBC users can only see the number of members and can not convert their currency.
- A billion coins do not have source code, white paper, and roadmap. Most importantly, the extraction of this currency is artificial; Because extractors are not displayed in the public office.
- TBC uses a multi-level marketing system for new members.
- It is not decentralized!
This digital currency does not have a digital signature. Third-party founders manage this currency.
Creating counterfeit coins makes TBC look like cryptocurrencies and blockchain technology, but it is not. Managers have even stated that if users ask frequently asked questions about TBC, their billion-dollar accounts will be blocked and lose their assets. Can they have a decentralized financial system like Bitcoin? Are they trying to eradicate poverty in the world?
Concluding remarks
From what has been said, we find that TBC digital currency, unlike other cryptocurrencies, does not follow a revolutionary financial trend, lacks technology and innovation, and has a weak and inactive society.
The likelihood of TBC being introduced and licensed is very low because, according to the makers of it, they will not make TBC public until they reach a population of 1 billion. By looking at the formulas in this currency, coming to this statistical community is far from expected.
