Eldorado Cryptocurrency do you know it?

By Jani
Susanville, California
March 1, 2017 2:37pm CST
This is something crazy that I came across yesterday. I found a cryptocurrency called Eldorado that claims to be backed by gold. The amount for price is higher than bitcoin right now! You can buy it with bitcoin and exchange it for gold which they will send to you by mail. Has any one heard of it before? I can't find much out about it except just what I stated. I can't find even any program to mine the stuff. I would not trust this because right now the only way to get it that I can find is to buy it. At least there are free ways to get bitcoin including surveys sites, ptc sites, and other ways which don't include investment. It would suck to purchase enough to get a bar of gold, try to "trade it in" and you're jacked. If you have heard of it though please do share.
4 people like this
6 responses
Anna
@LadyDuck (471968)
• Switzerland
2 Mar 17
This smells like a scam, Eldorado is an imaginary city that has never been found. I suppose that this could be "imaginary" gold. I would stay away from this, I am pretty sure it's a scam.
1 person likes this
Jani
@jhechorain (1198)
• Susanville, California
2 Mar 17
I agree. It sounds like a scam to me and I hope people won't fall into it but you never know with some people what they will believe.
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Jani
@jhechorain (1198)
• Susanville, California
2 Mar 17
I love money too but I still like to be smart about it. I see your are from Switzerland which reminded me I also saw a cryptocurrency coming out from there the other day. So many of them now.
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Anna
@LadyDuck (471968)
• Switzerland
2 Mar 17
@jhechorain I know, people believe everything if they think they can make money.
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Sue21
@lovinangelsinstead21 (36850)
• Pamplona, Spain
1 Mar 17
Have heard of Bitcoin but not that one. You are right what you say. I would not buy anything like that at all.
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Jani
@jhechorain (1198)
• Susanville, California
1 Mar 17
That is just not a smart idea to try for investment. Most people should know that is not a smart choice to try it. Especially there is nothing out there for information about it.
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Sue21
@lovinangelsinstead21 (36850)
• Pamplona, Spain
1 Mar 17
@jhechorain But someone might risk it. But I would certainly not even if I were desperate. However I can understand it but would not do it no way.
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Jani
@jhechorain (1198)
• Susanville, California
2 Mar 17
Yeah me either, it sounds like recipe for disaster.
Connie
@connierebel (1557)
• United States
1 Mar 17
I've never heard of it. I would never actually buy any of those cryptocurrencies. I do get some bitcoin through faucets, but that's about it.
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Jani
@jhechorain (1198)
• Susanville, California
2 Mar 17
I take surveys on a couple sites for btc but I have never bought any. I would not buy this other one either, for sure.
Jabo
@jaboUK (64354)
• United Kingdom
1 Mar 17
I wouldn't touch it with a barge pole. The name alone would put me off - Eldorado is a supposedly fabulous city with untold riches - but did anybody ever find it? I think not.
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Jani
@jhechorain (1198)
• Susanville, California
2 Mar 17
Good point. Perhaps that should be the first tell for people.
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Resky Yandi
@reskyyandi (3608)
• Indonesia
3 Mar 17
I have never heard that before
Guy Perl
@guyperl (16)
•
9 Mar 17
Hi @jhechorain, If you want to try out Eldorado CryptoCurrency you can get it for Free at "4BC Network" Website: 4bc.co they also offer Free Bitcoins, Ethereum and Bikercoins.
1 person likes this
Jani
@jhechorain (1198)
• Susanville, California
9 Mar 17
Thanks for the info. Do you use it?
1 person likes this
Guy Perl
@guyperl (16)
•
9 Mar 17
@jhechorain, Eldorado is an interesting cryptocoin (said to backed by Gold). But there are so many alternative cryptocoins out there, most of them useless. So i will stick with Bitcoin for Now.