The billion coin

When I perform research on potentially profitable cryptocurrencies, I start by looking them up on Coin Market Cap. It’s a nice way to check out a coin’s price, volume, and history, and it has links to various resources about any given coin.

Unfortunately, I came to a dead end right from the get-go, as TBC isn’t listed there. No big deal—there are a lot of brand new coins that aren’t listed yet, and truthfully, finding a coin in its infancy has the potential to offer 10x the profit.

So Is TBC One of These 10x—or Even 100x—Coins?

Now let’s check and see if The Billion Coin is on World Coin Index.  Again, no luck: it’s not listed there either. So it’s time to run a Google search and check out their website, TheBillionCoin.info. At first glance, it appears to be one of those cheesy slider WordPress themes that no one uses much anymore, at least not anyone who’s running a cryptocurrency promotional website.

On the site, the makers claim that The Billion Coin has a market cap in fourth place behind Bitcoin, Ethereum, and Litecoin. That seems like a stretch considering I hadn’t even heard of TBC until a couple of days ago. Given the fact that I study the crypto industry day in and day out, I’m going to guess that is a lie. If that were indeed true, TBC would be listed on Coin Market Cap.

The next image on the slider says “Get out of debt fast.” It seems like they’re preying on the emotions of desperate people—a classic telltale sign of a scam. The picture of the woman cutting up her credit cards is what anyone thinking about buying this coin should do so they don’t end up losing everything they have.

It gets even worse. According to the website, the current price of 1 TBC as of a few days ago was allegedly 68.2 Bitcoin—roughly $286,000.  However, today, the website claims that 1 TBC is worth 105.93 BTC. So the price of each TBC is 105 BTC, yet it isn’t even listed on Coin Market Cap? It’s almost comical that anyone would think this is true.

Apparently, The Billion Coin can be purchased and sold on the site’s exchange, but only there and nowhere else. There’s a page, and even a YouTube video (which, not surprisingly, has comments disabled), on the website dedicated to buying and selling TBC on the exchange. However, the actual exchange is “offline for maintenance,” so who knows if it was ever online to begin with.

The main question remains: why isn’t TBC exchanged on public exchanges like every other cryptocoin?

It should be clear at this point that anyone who is thinking about buying TBC should steer clear. However, those who still have a shred of hope in this project should read on.

The Billion Coin website

According to its website, TBC is going up 2% per day, every day. In other words, the creators of this scam claim that the price never drops and always goes up. That’s not logical at all if the market dictates the price.  Markets go up, and markets go down; this is why the logic behind perpetual profits is fallible.

According to the TBC website, original stakeholders who purchased €100 of TBC on March 21, 2016, all received 10,000x gains in six months’ time and are millionaires. The site goes on to say that anyone who purchases soon will earn similar gains. Finally it says, “Buy as much TCB as you can afford today. The price of TBC will never be this low again!”. There’s also a video version of this post narrated by a $75 spokesperson on Fiverr.

As we stated before, at the time of writing, the alleged price of 1 TBC was 68 BTC, and it’s now 105 BTC, so it would be tough to really load up on it. To create one billion millionaires is TBC’s mission, or so the site says. TBC also wants to end world poverty. In all reality, its makers have lined their pockets scamming people and might disappear any minute.

TBC on Bitcointalk

Enough about the cheap website. Let’s take a look at what members on Bitcointalk have to say.

On Bitcointalk, there’s a thread about TBC that was started on May 16, 2016. The original poster, s