Thread: Bit Billions - bitbillions.com

I think it is time to begin looking into this one before the ponzi pimps really begin to pollute our email boxes with it.

It has the look and feel of a money grabbing, conspiracy theory scheme. Supposedly in development for the last 10 years, but now
all of a sudden they decide it is time to allow for 50,000 "founders" to come in and make a "donation" to help with the final development costs.
Something just really stinks with this one. The plan also has a pure ponzi feel to it.

Of course the domain is hidden and another one using Bill Gates picture. He should sue, he probably needs the money!!?? They are also using GBBG at bottom of site. Must be new as Google has not picked up much yet. One to watch.

Google suggests a connection with

BitCoins and Cloud Computing.

I had friends on TG who understood what was going on at BitCoins but I had not absorbed the matter. There could be some valuable information over there for anybody who wants to dig a bit deeper.

BitBillions UK

"ts Coming…
What could replace Google, Amazon, iTunes, Apple, Microsoft, and hundreds of other global corporations? What could virtually eliminate the need for PayPal, MasterCard, Visa, and every single bank on earth?
GBBG-BitBillions
GBBG is an official non-corporation. We are pioneering a highly disruptive cloud-based, peer-to-peer technological platform that is poised to revolutionize the entire global economy.
No More Fees
This will virtually eliminate the need for the entire global banking system as well as the products distributed by many Fortune 500 companies.
Our systems provide a completely anonymous open-source,cloud-based,peer-to-peer global technology."

__________________________________________________ __________________________________________________ _________________________

Sounds like a 2-bit operation

Uh, yeah, alright.

Originally Posted by littleroundman

Uh, yeah, alright.

Nice money grab for this crew running the scam. If they get 50,000 "founders"(....cough cough) they will clear roughly $1.5 million

So it is in TG, I only searched MMG yesterday but could not find it then. So yantrader is going to be the laughing cow in the end!!

Originally Posted by scratchycat

So it is in TG, I only searched MMG yesterday but could not find it then. So yantrader is going to be the laughing cow in the end!!

Aussie-Striker started the thread in MMG forum.

Ya gotta hand it to those behind Bit Billions.

They've managed to squeeze more B/S into one HYIP than almost anyone in the history of HYIPS.

Free 'net connection, free phone calls, free banking and all the free software you could possibly eat AND $23,344.01 a month.

Don't ask me why there's a ".01" at the end of the monthly earnings,

this is a HYIP after all, logic has nothing to do with it.

Perhaps someone more savvy than I could also explain what on earth a "non corporation" might be.

Definitely one for HYIP ponzi desperadoes only.

Originally Posted by littleroundman

Ya gotta hand it to those behind Bit Billions.

They've managed to squeeze more B/S into one HYIP than almost anyone in the history of HYIPS.

Free 'net connection, free phone calls, free banking and all the free software you could possibly eat AND $23,344.01 a month.

Don't ask me why there's a ".01" at the end of the monthly earnings,

this is a HYIP after all, logic has nothing to do with it.

Perhaps someone more savvy than I could also explain what on earth a "non corporation" might be.

Definitely one for HYIP ponzi desperadoes only.

Hyip??? LMAO This is No hyip! Maybe take a closer look at what they are going to achieve before calling something a scam?

The naysayers in this thread just have no clue to whats about to happen......

BitBillions, Bitcoin, Bitpay - are they all connected?

BitPay, Inc. announced today that they have completed a seed funding round of $510,000 from several angel investors demonstrating that bitcoin can attract the capital necessary to encroach upon legacy payment methods. Similar to merchant processors for credit and debit cards, BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.

Investors participating in the seed round include SecondMarket founder Barry Silbert, Spotify investor Shakil Khan, Jimmy Furland, Roger Ver, and other Internet entrepreneurs. Specific terms of the deal were not disclosed but co-founders Anthony Gallippi and Stephen Pair will retain majority ownership. Investors Silbert and Ver also participated in the April 2012 funding round for mining pool operator CoinLab.



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CEO Anthony Gallippi says, “BitPay plans to use the funds to move the headquarters from Orlando to Atlanta and to hire additional developer talent for enhancement to the BitPay platform.” With proximity to other financial technology companies and several leading universities, Atlanta provides an excellent base for expansion.

Gallippi added that the WordPress decision to begin accepting Bitcoin via BitPay for certain features is “what really accelerated this funding round because investors saw it as the ideal time to move forward.” Since the November 2012 WordPress deal, BitPay has seen new merchants increase by nearly 50% to over 2,000.

The total dollar value of all bitcoin transactions processed by BitPay in 2012 was over $3 million, which represents average quarter-to-quarter growth of 50% over the past four quarters for transaction volume.

A new Payment Processor??

I hope this is not taking a different direction from this subject. With all the 'bits' popping up, you would think...
Domain Name: BITPAY.COM
Registrar: MONIKER

Registrant [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US

Administrative Contact [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US
Phone: +1.4074810411

Billing Contact [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US
Phone: +1.4074810411

Technical Contact [3841095]:
Tony Gallippi tony@bitpay.com
BIT-PAY, LLC
411 E Ameila St
Orlando
FL
32803
US
Phone: +1.4074810411

Domain servers in listed order:

DORA.NS.CLOUDFLARE.COM
HUGH.NS.CLOUDFLARE.COM

Is Bitbillions GBBG a scam? – My blatant Bitbillions review..read on…………………

Is Bitbillions GBBG a scam? – My blatant Bitbillions review..read on………………… | Bitbillions Online

I have been scouring the Net for many insights as to what is being said over the Net about BitBillions.com and I am quite surprised to find some groups overtly and loudly screaming scam and foul play made by BiBillions. Well I do have my own person view on this and I will explain why I feel that labeling a site in prelaunch scam is a little bit way over the top and creating fear mongering for no reason at all.

Another reason why people may find it scummy and weird is because GBBG calls itself a non corporation. Now always when a new concept or idea comes into play it is most often ridiculed and put by the way side but it is the Innovators and Pioneers that actually get to change with World. I feel as from a PERSONAL PERSPECTIVE that BitBillions GBBG is a Pioneer in the World of Economic and Cultural Human development. These are just my own thoughts and intuitions and should just be accepted as such. Please post your comments or thoughts as all points of view are respected…. even if they differ from my own.

LAUNCH PROCESS

STAGE 1 – PRELIMINARY MEMBER CLEARANCE

From now, until June 30th, 2013, GBBG will accept a limited number of Founders Membership applications available on a first-come-first-served basis to all members of the global population. The network has reserved 50,000 Founders Membership matrix positions. There is NO LIMIT on the number of positions that may be claimed per person. These will be claimed extremely fast. Upon accepting 50,000 NO further applications can be claimed so that we may brief, train and vet these members for the later stage public enrollment.

During this stage we are paying INSTANT referral rewards to members.

STAGE 2 – MATRIX ASSIGNMENT

On July 1st, 2013, GBBG will auto-populate the initial 50,000 positions in the matrix. We will assign each member into the matrix in a position below the person who referred them. This is a forced 3×7 matrix structure.

What is a Bitcoin?

bitcoin.JPG

Another classic where they will take good old normal currency for useless 'coins'. They certainly aren't going to barter to get them in circulation

Originally Posted by scratchycat

BitBillions, Bitcoin, Bitpay - are they all connected?

BitPay, Inc. announced today that they have completed a seed funding round of $510,000 from several angel investors demonstrating that bitcoin can attract the capital necessary to encroach upon legacy payment methods. Similar to merchant processors for credit and debit cards, BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.

Investors participating in the seed round include SecondMarket founder Barry Silbert, Spotify investor Shakil Khan, Jimmy Furland, Roger Ver, and other Internet entrepreneurs. Specific terms of the deal were not disclosed but co-founders Anthony Gallippi and Stephen Pair will retain majority ownership. Investors Silbert and Ver also participated in the April 2012 funding round for mining pool operator CoinLab.



My Answer To A VC's Bitcoin Question Jon MatonisJon Matonis Contributor

CoinLab Attracts $500,000 in Venture Capital for Bitcoin Projects Jon MatonisJon Matonis Contributor

What's Your Bitcoin Strategy? WordPress Now Accepts Bitcoin Across The Planet Jon MatonisJon Matonis Contributor

Virtual Currency Exchange First Meta Closes $466,000 Funding Round Jon MatonisJon Matonis Contributor

Largest Bitcoin Payment Processor Raises $510,000 Angel Round - Forbes

CEO Anthony Gallippi says, “BitPay plans to use the funds to move the headquarters from Orlando to Atlanta and to hire additional developer talent for enhancement to the BitPay platform.” With proximity to other financial technology companies and several leading universities, Atlanta provides an excellent base for expansion.

Gallippi added that the WordPress decision to begin accepting Bitcoin via BitPay for certain features is “what really accelerated this funding round because investors saw it as the ideal time to move forward.” Since the November 2012 WordPress deal, BitPay has seen new merchants increase by nearly 50% to over 2,000.

The total dollar value of all bitcoin transactions processed by BitPay in 2012 was over $3 million, which represents average quarter-to-quarter growth of 50% over the past four quarters for transaction volume.

A new Payment Processor??

LOL! Where have you been the past 2 years? Bitcoin technology is on the rise. TIP- try using Google to search for it:)

Originally Posted by Whip

Another classic where they will take good old normal currency for useless 'coins'. They certainly aren't going to barter to get them in circulation

Useless currency? Bitcoin value has gone from $4.75 BTC in early 2012 to nearly $36 BTC todays price so how can it be useless? Plus this currency has virtually no fees, is 100% anonymous and 256 bit AER

encrypted unlike fraud riddled processors like paypal.

Certainly NO need to Barter with them to get into circulation because they are already becoming more and more popular each day.

Originally Posted by busttheblock

I think it is time to begin looking into this one before the ponzi pimps really begin to pollute our email boxes with it.

It has the look and feel of a money grabbing, conspiracy theory scheme. Supposedly in development for the last 10 years, but now
all of a sudden they decide it is time to allow for 50,000 "founders" to come in and make a "donation" to help with the final development costs.
Something just really stinks with this one. The plan also has a pure ponzi feel to it.

You could not be more wrong!

Hello Everyone, just wanted to pop in and ad my part to the debate here. I believe a scam is when a site doesn't pay its members at the current time BitBillions is in prelaunch so hasn't technically even launched yet. Secondly in prelaunch anyone referring directly a member to BitBillions is getting paid a thank you commission in bitcoin currency so people are getting paid to introduce others to the concept. This makes BitBillions existing not within the SCAM capacity as mentioned here. Thank you for giving me this platform to ad my take on the subject and have a nice day. Also bitcoin currency itself has gone up by 10% in the last week and even the Wordpress blogging platform is accepting bitcoin currency too..so the currency itself is building momentum as more and more users and vendors accept it.

Nobrainer is correct in pointing out that Bitcoin is separate and independent from Bit Billions. I don't claim to fully understand bitcoin but it is an interesting experiment in a virtual trading medium where as bit billions is a laughably stupid little pyramid scheme which just so happens to use bitcoin. I believe it was Laurie Anderson who said that virtual reality would never look real until they learned how to put some dirt in it, perhaps Bit Billions is just some dirt being dropped on a virtual currency.

Dear old Aussie_Striker tried to promote this scam on a forum of dedicated bitcoin enthusiasts and it didn't go so well. One moderator to another I admire the restraint shown in the following quote:

Yeah, good way of avoiding the affiliate link spam ban I pointed out to you when you spammed the newbie subforum with that. I am convinced this is a pyramid scheme, and anyone silly enough to participate and cry later will be mercilessly jeered at. A simple browse through the site exuded more Nigerian princes then my spam filled inbox does.

But hey, nothing says Serious Business Man quite the way Aussie_Striker's avatar on that forum does:

avatar_82994.png

I could not have said it better! Individuals who call programs "scam" before ever doing any research or understanding a new concept really don't hold any clout when its comes to credibility on the issue, but I suspect its those individuals who are rather trying to get some sort of "response" or "draw attention" to a particular issue. After looking at many profiles and seeing their past posts its very clear that they just call everything a "Scam" probably because they lack vision or insight or most likely only have a few braincells.

If only they took the time to understand what's coming.........

Originally Posted by littleroundman

Perhaps someone more savvy than I could also explain what on earth a "non corporation" might be.

Sounds like "sovereign citizen" code to me. Another new one is "live abortion."

PPBlog

Originally Posted by GlimDropper

Nobrainer is correct in pointing out that Bitcoin is separate and independent from Bit Billions. I don't claim to fully understand bitcoin but it is an interesting experiment in a virtual trading medium where as bit billions is a laughably stupid little pyramid scheme which just so happens to use bitcoin. I believe it was Laurie Anderson who said that virtual reality would never look real until they learned how to put some dirt in it, perhaps Bit Billions is just some dirt being dropped on a virtual currency.

Dear old Aussie_Striker tried to promote this scam on a forum of dedicated bitcoin enthusiasts and it didn't go so well. One moderator to another I admire the restraint shown in the following quote:



But hey, nothing says Serious Business Man quite the way Aussie_Striker's avatar on that forum does:

avatar_82994.png

Thanks for pointing that out Nobrainer and GlimDropper. There was a TG member who followed the bitcoin saga and made some very astute comments. If you want the name of the person concerned and links where the person posts, please let me know.

Originally Posted by Nobrainer

I could not have said it better! Individuals who call programs "scam" before ever doing any research or understanding a new concept really don't hold any clout when its comes to credibility on the issue, but I suspect its those individuals who are rather trying to get some sort of "response" or "draw attention" to a particular issue. After looking at many profiles and seeing their past posts its very clear that they just call everything a "Scam" probably because they lack vision or insight or most likely only have a few braincells.

If only they took the time to understand what's coming.........

LOL, welcome to RealScam Nobrainer. I think you'll find a great number of the people around here have dedicated significant amounts of time studying and investigating a wide range of fraudulent programs and have a rather broad base of experience to draw from when stating an opinion. If guilty of anything it's more typically not elaborating specifically enough as to what led them to their conclusions.

Bit Billions is almost too stupid to warrant an explanation, "donate a bitcoin, get as many people as you can to do likewise and we'll take over world banking, the entertainment industry, the internet, all telecommunication and all technology development in a few years and then we'll make you rich."

Do you believe that?

That is a serious question because you either believe that sales pitch or you don't and if you don't you have to question Bit Billion's motive for saying it. And let's face it, getting as many people as possible to donate a thirty some dollar bitcoin is enough of a motive to make some people lie their asses off. Especially if they can get folks to donate without even telling them who they are.

Actually Yes I believe that and I will tell you why.

I understand the power of cloud computing, peer to peer and bitcoin technology and how these 3 technologies will be combined to produce a medium now unheard of. This technology does not need to scare you into calling it a Ponzi scheme, just because you dont understand its concept or bothered to take the time to fully understand the software in (nearly Finished) development. There is a serious reason why GBBG remains anonymous, but its not to rip people off..rather its to embrace our right to privacy in the free world and create a mass redistribution of the worlds wealth.

Now I respect your views and opinions Glimdropper that this seems like impossible to achieve and when I was first introduced to the concept my exact words were "Bolluxs". After doing some research and having a little inside knowledge my jaw dropped to the floor that this could actually happen. Since learning about the technology in development, which by the way is being done by a group of volunteers it was apparent they are onto something Huge here and for the cost of a pizza and a few drinks its well worth the risk involved.

Now I am not the owner, nor am I part of this project(just a member), but maybe...just maybe someone of your intelligence would take a real close look at what they are Going to achieve whether their are nay sayers or not. I hope your that sort of person:)

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty
~Winston Churchill

Originally Posted by Nobrainer

Actually Yes I believe that and I will tell you why.

I understand the power of cloud computing, peer to peer and bitcoin technology and how these 3 technologies will be combined to produce a medium now unheard of. This technology does not need to scare you into calling it a Ponzi scheme, just because you dont understand its concept or bothered to take the time to fully understand the software in (nearly Finished) development. There is a serious reason why GBBG remains anonymous, but its not to rip people off..rather its to embrace our right to privacy in the free world and create a mass redistribution of the worlds wealth.

Now I respect your views and opinions Glimdropper that this seems like impossible to achieve and when I was first introduced to the concept my exact words were "Bolluxs". After doing some research and having a little inside knowledge my jaw dropped to the floor that this could actually happen. Since learning about the technology in development, which by the way is being done by a group of volunteers it was apparent they are onto something Huge here and for the cost of a pizza and a few drinks its well worth the risk involved.

Now I am not the owner, nor am I part of this project(just a member), but maybe...just maybe someone of your intelligence would take a real close look at what they are Going to achieve whether their are nay sayers or not. I hope your that sort of person:)

The pessimist sees difficulty in every opportunity. The optimist sees the opportunity in every difficulty
~Winston Churchill

I have to say here as an optimist I always prefer to give every one a chance and we all need to sit back and relax and look at the time frame and goals of the non corporation and as and when it hits the various targets it has prescribed for itself before we attach on any negative assumptions. Many people in years gone by have looked down on new ideas, frowned on pioneers and innovators and shunned their ideas until some good people with an open mind believed in them. Sometimes you need a little faith to go a long way right? Most of us can't see God but many believe in Him even though His identity is well Hidden. I am not saying I am comparing BitBillions to God but it is almost the same concept or idea. Many inventors did not know if their idea would work or not but they at least tried. For a one off donation of 32 buck I and many others are willing to take the risk to see how this Concept pans out. When I see more people buying weed with bitcoins, gambling on the bitcoin sites and losing their money or drinking loads of booze then for me this seems to be a better BET to place my bitcoin..Just my 2 cents or should I say two satoshis lol.