LCF Coin Prelaunch Review: Rothschilds & Chinese govt altcoin?
As far as I can tell, LCF Coin or whoever is behind it doesn’t have an official web presence.
Those promoting LCF Coin are doing so via Google forms. What happens to the information entered into these forms is unclear.
The marketing narrative for LCF Coin is that the Rothschild Family and Chinese government are teaming up to launch a cryptocurrency.
That’s pretty much all they’re going with, apart from an official launch purportedly taking place in February, 2017.
Marketing for LCF Coin is all manner of bogus. Apart from the bombastic claim of the Rothschild family teaming up with the Chinese government to launch the coin, LCF Coin affiliates are also claiming:
- national leaders and ex-presidents (George Bush, Tony Blair, Kevin Rudd, etc.”) met up in China back in November to discuss LCF Coin’s launch
- “the LCF company will consist of over 600,000 types of products and services”
- the Rothschilds will build a 170,000 m2 office somewhere to run LCF Coin from
- LCF Coin will “go public, IPO on the stock market in 3~5 years”
There is of course no third-party evidence to back up any of these claims, or even indeed the involvement of either the Rothschild family or Chinese government in LCF Coin.
In the run up to a launch “sometime in early 2017”, LCF Coin are promising affiliates free LCF Coins if they recruit new affiliates.
- sign up and receive 1000 LCF Coins
- qualify as a Team Leader by personally recruit 20 affiliates and have a total downline of 200 affiliates = receive 20,000 LCF Coins
- qualify as a City Leader by recruiting five Team Leader affiliates and receive 100,000 LCF Coins
- qualify as a Provincial Leader by recruiting five City Leader affiliates and receive 500,000 LCF Coins
- qualify as a State Leader by recruiting five Provincial Leader affiliates and receive 1,250,000 LCF Coins
LCF Coins are represented as having a value of 50 cents each, with this value seemingly plucked from thin air.
LCF Coin affiliate marketing presentations project the value of LCF Coin at $7 each by May, 2017.
Once LCF Coin launches, an MLM compensation plan purportedly based on a 5×5 matrix will be used to pay affiliates with.
LCF Coin are not charging affiliates to sign up yet, but presumably fees will be charged at launch and pay out via the matrix.
This of course would be pyramid recruitment, on top of Ponzi investment fraud via LCF Coins.
At the time of publication LCF Coin does not appear on any reputable public cryptocurrency exchange.
Given affiliates are taking names via Google forms, I’d say there’s a good chance LCF Coins don’t exist yet period.
The “lcfcoin.com” domain was privately registered through a Korean company on November 2nd, 2016. The domain is currently parked with a “coming soon” message.
Putting all of this together, scammers in Korea and/or China appear to be building an email list of gullible idiots to push an MLM altcoin onto later this year.
Expect the usual “we’re gunna be the next bitcoin” pitches, with the Rothschild and Chinese government claims likely to be dropped at public launch (they can get away with it now because LCF Coin doesn’t exist outside of scattered Google forms).
I can tell you that if either the Chinese government or the Rothschilds were looking to get into cryptocurrency, they wouldn’t be doing it through shoddy websites with hypey promises that link to Google forms.
The LCF Coin signup forms I’ve seen are demanding names, a passport number, cell phone number, driver’s license and an email address. Identity theft of the extremely stupid people who fill in these forms is also a possibility.
We’ll keep an eye out on whether LCF Coin actually launches later this year, but for now it appears to be shaping up as just another MLM altcoin pump and dump scam.
Update 12th January 2017 – The Rothschild family have clarified they have nothing to do with LCF Coin.
At least they didn’t go with the whole “Kris Kringle” is the creator, like TBC. Hahahahahaha.
Of wait, “The Rotschilds…” SMH.
Maybe this is becoming a good way to cleanse the gene pool.
Someone should make “StupidCoin” or “CoinVict” – and anyone who tattoos the logo on their forehead gets a million free coins for advertising as such.
I was just sent a video about this junk coin.
Amazing how people get sucked into these type things just on the word FREE.
A few seconds of thought can stop this insanity.
BITCOIN (Ozedit: has nothing to do with LCF Coin. Offtopic derail attempts removed.)
there are only 500 plus billionaires in the usa, because of naysayers like you. we have 350 million people in the usa.
when this country got started, people worked for themselves,& earned as much money as they wanted. today you naysayers want everybody to work for someone else at a job for (just over broke) a paycheck.
You are to work just enough to not get fired, $ they pay you just enough so you don’t quit. What a waste of so many talented people.
You can’t claim your blessings,building someone else’s dream. That’s what corporate America is all about, Make the masses work for peanuts,& make a few billionaires, what a greedy bunch!!!!!
What does any of that have to do with an MLM altcoin pump and dump scam with bullshit marketing claims?
How much talent does it take to dupe people into a scam that gives away worthless coins?
Then if that wasn’t enough they come here to convince no one that it is truth.
lmao! what?
I signed up on LCF.
The SECOND they ask for money or change the requirements (sign up ONE person,etc) to collect the 1000 coin, I be GONE!!
What’s the down-side? Loss of an hour or two on the Inet?? Shit!!
I waste 5 times that playing games!! Identy theft?? I’ve got NOTHING they can get to!!
Famous last words…
so, the rothschild’s are dumping the free western world and making secret deals with the [communist] chinese govt to launch an new international crytpocurrency?!!
omg, does the world know this secret yet?
hmmm, maybe that’s why the rothschild’s have no website for this new currency, and are using google forms to secretly sign up world citizens one by one?
later, they [rothschild’s + china] will turn around and tell the world – Hahahaha Gotcha!!
sucha masterstroke! everybody clap for the rothschild’s! [and the chinese govt too, if you like!]
If the Rothschilds are involved, it’s as bent as a nine dollar note.
To correct.. google forms not used by rothschild… affiliates do that to have more subscribers for their own waiting the start of this coming or not future lcfcoin!!!
What about this post from CNN in 21.01.2016?
money.cnn.com/2016/01/21/technology/china-digital-currency/
What about it? It has nothing to do with the Rothschild family or LCF Coin.
You and everyone else!
The moment you figure it isn’t free money “poof you gone”
You really think China’s official coin will be issued by a non-Chinese company? Muahahahaha!
LOL a post from the Clinton News Network over a year ago and this is the result? Does anyone even believe that it takes a year to set up a google form to steal the stupidest marketers identities?
What’s the full meaning of the abbreviation”LCF”?
What a shame on me! Am not ashamed to say this because I fell for it.
I trusted the person who introduced me and later found out the stupendous and shady format so called “sponsors” are using to register people.
I have asked her to stop whatever they are doing on my behalf. After sending my details, I demanded for the link to keep registering my down lines but they declined and insisted I send them details of my list of twenty to register them. And I said NO. Am not that daft even if I made a mistake sending my details.
It is quite unfortunate, but i wont trip again for people with no face and integrity.
At the end, it is not the number of years spent in life that counts but the life spent in the number of years (Abraham Lincoln)
Keep a very close eye on the personal information you sent in. I’d probably be changing any financial information you might have sent (if applicable).
Majority of the people in Nigeria sent their Voter Registration details. I sent my own as well.
For me I think there is nothing to risk. If they don’t demand any financial details to be sent I believe there is nothing to loose.
If they steal my email and send me crappy emails I’ll send them straight to my junk folder. If they like they launch if they don’t let them not.
The question is you have nothing to lose till you find you have lost it.
Yet the bigger question is – if it is free why do they need such details about you and everyone else?
So all it takes is a complete unknown business to ask you to send them details and you don’t question it at all?
Just because they say FREE?
When I saw the narrative of Rothschild Family and Chinese government alliance, I just laughed.
These are two entities that will do anything to kill the likes of Bitcoin (Freedom from control by any individual or government), and somebody is trying so hard to convince us that they want to float a Crypto currency (how is this possible? It is like them setting fire on themselves).
The idea of crypto currency is against everything that the Rothschild and the Chinese believe and stand for.
I registered under somebody’s site. What is the risk involved?
Nigerians are the first set of people to fall for these scams.
We’re poverty-stricken, but we get ahead of ourselves. I weep for my generation.
how can i register since there is no website yet.
@sampson
You send a random person personal details via a Google form and they pass it on to persons unknown.
Totally legit. What could go wrong?
I made a mistake in my registration. What do I do? I’ve already submitted it.
Submit another form?
I hope you’re not taking some bullshit altcoin with a made up backstory too seriously…
i’m not surprised, and the nigerian press should take some blame for this. the press seems to report ponzi news on a regular basis, as if they are a legitimate way of earning money.
an article posted on the ‘sun news online’ [nigeria] on jan 1st, 2017 talks about how the NDIC [nigerian deposit insurance corporation] and the CBN [central bank of nigeria] are mulling the possibility of accepting cryptocurrency, as it may be a future trend.
the article makes for very interesting and informative reading, until it throws up this shocker:
like whaaaat?! the billion coin [TBC] is an MLM ponzi scheme which is being promoted by the likes of ryan conley, the career scam artist. it gives returns of 1% [to 5%] per day from new investors money.
edinar and swisscoin have been reviewed here on behindmlm as MLM ponzi schemes.
TBC, edinar and swizzcoin are not traded on any exchange are not legitimate cryptocurrencies at all!
if the nigerian press is going to talk about the NDIC and CBN embracing cryptocurrency, and scamcoins like TBC, edinar and swizzcoin In The Same Breath, what is the nigerian public expected to believe?
the nigerian press should get its act together and stop promoting ponzi schemes. they can use the time saved to educate the public about the the risk involved in such schemes, which will cause losses to the majority of participants.
sunnewsonline.com/ndic-cbn-consider-crypto-currency/
I m just observing… Cool how people embrace just about anything free…why won’t they, when the economy itself is run by idiots who called themselves leaders, the masses will only buy into anything.
as for identity theft… men there’s nothing to steal trust me… so long people are not asked to pay any money just yet they ll still be on with it!
Well, we are in a global world. These Chinese government and Rothschild family are they not trying to convert people in to Illuminati kingdom? Because I red that cryptocurrency is network banking and cryptocurrency are formed by an evil men.
Please can you explain more concerning this lcf coin with reference. Because it’s sound like antichrist. How can one currency circulate all over the world. Reply me please forthwith. Simon a. M.
@Simon
ProTip: LCF Coin has nothing to do with the Chinese government or Rothschild family (or the Illuminati for that matter).
But wait oooo.. Why will they be collecting peoples details via google forms?
whoa where do you get your news from?! and why would you even begin to believe such crap?!
i heard that google and facebook are going to post warnings on ‘fake news’ articles circulated on the net, and IMO they are late already!!
probably not having enough signup’s, the LCF promoters have extended the time for free sign up’s.
the ‘launch’ which was supposed to be in feb, 2017, has been pushed back to around april. so participants are in for a long wait.
the ‘free LCF coins’ which are being promised, will be given out only at launch.
by april, 2017, either LCF will disappear with all the personal information it has collected OR will build some hysteria for the launch and charge people money before releasing any free coins to them.
either way people get screwed, so the only choice is to Not get involved with this silly little scam.
@Anjali
i’m not surprised, and the nigerian press should take some blame for this. the press seems to report ponzi news on a regular basis, as if they are a legitimate way of earning money.
I say you lied. That ain’t correct at all. the level of media opposition and Government quack MMM participants witness here in Nigeria is unprecedented.
One news report on Bitcoin does not mean the Nigerian Media and Government support ponzi scheme
need translation of this video: youtube.com/watch?v=_Vr6vdz3UpI
Title: Economic Professor ZhengPing Ma’s view on LCF Enterprises
The guy just blah blah’ed about potential, direction, rules, how news about China joining WTO and so on somehow made him believe in LCF’s potential, internet, entrepreneurial spirit, blah blah blah.
In other words, it’s a sales pitch that talks about a lot of general concepts, but nothing about how it would apply to LCF. Typical kleptocoin marketing speech.
When bitcoin started 7 or 8 years ago, the likes of you guys wrote all sort of rubbish about it, telling the whole world its a scam. Then 1bitcoin was almost free, but no one looked at it. Now 1 btc is almost 1000$. what do you say to that?
You were not asked to submit your details by force. So, stay aloof and watch people become financially free.
I say bitcoin has nothing to do with MLM pump and dump altcoin scams.
Save the “we’re gunna be the next bitcoin” fear of loss marketing for your victims. It won’t work here.
You can’t even prove that LCFCoin is a legitimate cryptocoin, muchless it could be compared to BitCoin.
Just the story behind the launch made it silly. Rothchilds and government of China, yeah right. It’s just another fly-by-night altcoin copycat.
But not in LCF.
Lets hope you come back to say how wrong you were when it goes bust on you.
Not a chance.
please guys, lets register and watch them with prayer, there’s no harm in trying.
i remember when MMM came to Nigeria newly a lot of people comment bitterly about it, but later on many people comply.
Uh, and how’d that work out for you?
All the prayers in the world aren’t going to stop you getting scammed…
This is devilish, people recruiting people for devil through his coin, let GOD. Help us in jesus NAME, amen.
It’s now been debunked by Rothschild…
rothschild.com/suspected-investment-fraud-china/
Thanks for the heads up CyberSec.
No problem! Still investigating but found blacklisted IPs and the rothschildfamilychina.com website is interesting.
It’s supposed to be the unofficial website and the people it lists as CEO, Director and whatever else clearly don’t exist.
I’m systematically debunking each new piece of information passed to me by one of the marketers.
i say you’re putting words in my mouth.
i didn’t say the nigerian govt supports ponzi schemes.
i didn’t say ALL nigerian media supports ponzi schemes. i have seen a lot of press reportage on ponzi/pyramid schemes where they cover news about which scheme is paying, which has suspended payments, when payments will start again etc.
when i see an article in the sun discussing the govt’s plans to embrace cryptocurrency and naming known fake cryptocurrencies in the same breath, i can criticize the nigerian press and expect them to show more responsibility.
i should have probably said ‘A Section Of The Nigerian Press is to blame’, and i hope that will be acceptable to you.
people have become so stupid for money, they are ready to do any sort of foolishness.
scammers on prowl in the web to theft whatever possible from innocents. ONLY GOD CAN SAVE.
Do they charge you money for these coins? They must never take people to Lucifer.
There is no free money in the world everybody should use their talents to earn and spending … Iam telling about legally.
what if this is indeed a Rothschild/china play to use their massive fortune to forcefully establish a dominant altcoin? For real.
Keeping their name off of this happening might be in their best interest. Especially if china is in bed with them. It would be a good way to gain a stronghold on this inevitable market uprising. Which most likely everyone here believes will happen one way or another with one coin or another. It is after all tge age of the internet.
Just think with their spending power and knowing that when the world shifts to crypto they lose the asset that all of their power comes from. Being the Dollar. This strategy would be especially effective with this marketing plan if the free coins they give that have a real starting value is accepted somewhere.
For instance, with China backing this they could afford to create and sell food/items in a market that only accepts this currency. So if the “free” coins are already spendable on day one for the purchase of tangible goods, who wouldnt want their free coins? Then as the word spreads and the demand goes up for the coins they will gain real value.
Especially if they begin selling them shortly thereafter for under the value of the real coins purchasing power. Then as the user base goes up they can naturally begin to charge more for the coins.
The process goes on from there but i imagine you all get the gist of it.
And the final play, would be to crash the current money system leaving their coin the most valued. Continuing the Rothschild reign. And we all know they may have enough capital to do so.
What say you?
I say best of luck to you in life. Your parents, education and the very universe itself have obviously failed you.
More sensible answer:
They aren’t. It’s all made up.
They aren’t. It’s all made up.
Your entire fantasy is based on a premise that doesn’t exist.
telegraphindia.com/pressrelease/prnw/52298/rothschild-co-warns-lcf-project-falsely-associates-its-unreg.html
How genuine is the lcf coins or must we later pay something to get so called coins in return
@Bianca
You might get free pre-mined coins at some point, but don’t expect to cash anything out without paying real money in first.
The scammers behind LCF Coin can’t generate fiat currency out of thin air.
I can’t understand any of these shit happening around but I think we can consider this a sort of crime for what they want our information in the name of free.
By the way I can’t understand any benefit from this scheme.
Fraud scheme no value.
This “coin” can’t be serious? All the promoters have run away and hiding from embarassment!
I just received my login details, I have 1,388 I think. I have absolutely nothing to lose.
Sure you have plenty to lose – most of all your time and your personal details.
They can sell your details to the highest offer at anytime.
As I am sure the coin won’t be worth much yet your info is worth at the very least $1.50
Multiply that against all you people that signed up willingly with their details.
This LCF junk is spreading like a wild fire in Uganda, but our government is just looking on.
why I no register, they send me the users and password?
When to launch?
Launch what exactly? LCF Coin is one big hoax.
it seems the coin will be launched end of march, but i wouldn’t depend on it.
the promoters have been extending the last day for free entry and coins forever now, and now it seems to have been extended till may.
i think this stupid little scam is not getting enough signups!
this is going to be DOA, if ever.
the LCF scam seems to have chinese at the top.
a liu biao is being named as the CEO of LCF.
a kim hui is reported to be his direct contact:
a crystal cho is named as the head of the international LCF team who is below kim hui in the LCF pecking order:
there is rumor going around that the ‘L’ in LCF stands for Lucifer and hence the LCF coin is Demonic! so LCF affiliates are trying to placate their downlines – hey, this is a very christian coin so fear not! 🙂
people, the world needs non luciferous non demonic christian cryptocurrency ONLY please, thankyou!!
here’s another post about the non lucifer-ness of the LCF coin:
Failed to notice something earlier.
For the record, while it’s fine to pick names that are the same as historical figures, “Liu Biao” is a secondary character from Romance of Three Kingdoms. It’s kinda weird for someone in China to pick a name from such.
As for Kim Hui… This is a non-sensical name. “Kim” is either a female name or a Korean surname. Hui is Cantonese version of Xu (pronounced Shu), suggesting Hong Kong or overseas Chinese.
“Kim Hui” suggests female, and indeed, there’s a female “Kim Hui” in Jeunesse. But this LCF Kim Hui was described as male.
Someone made up these names, IMHO.
Also, “Crystal Cho”? Cho is a korean surname as well. Chinese version is Zhao.
Seems we may have some Koreans passing themselves off as Chinese?
(or people just randomly made up names. For the record, there’s an Asian female comic Margaret Cho. She’s Korean-American.
How sad these minions don’t check the credentials of their leaders)
Don’t think it really matters who’s running the show.
The whole Rothschilds & Chinese Govnernment back-story was a sham. Now it’s some Chinese/Korean religious circus coin.
Some randoms will run it, predominantly gullible Asians will invest and when it goes kaboom everybody will claim they had no idea LCF Coin could have been a scam.
What LCF really stands for is Lose Credibility Fast.
liu biao is apparently this gent:
facebook.com/photo.php?fbid=10208679929258873&set=a.10201195114663186.1073741827.1330222063&type=3
crystal cho also appears to be a real person [with a fake name?] who is often a guest speaker on conference calls arranged by LCF affiliates in the USA and africa.
Iam very happy to see that government iof china has agood heart like that. GOD bless you.
Watching as LCF event unfolds.
am still confused becouse they are telling us that they give money to people for doing what and when are they lounching.
For recruiting new potential investors.
Somewhere down the line this is going to happen:
“Here’s eleventy billion free LCF Coins.
What, you want to convert them to real money? No worries, please send a $1000 processing fee to Scamzhou, China first.”
nope. no launch in sight yet. the free collection of personal information continues with the launch pushed back to may or the 12th of never.
ridiculous, LOL, ROFL, LMAO and LMFAO claims are being made, and the people who are still signing up almost deserve whatever scam is coming their way:
so, 100 million member are being given $1380 each [recruiters get much more]. how much is that? 138 billion dollars, i think! and who’s paying the bill?:
what amazing generosity by the govt of china and the rothchilds! if there is a nobel prize for generosity i’m going to propose their names, like yesterday!!
So what does the Chinese government have to say about all this?
“An empty head leads to an empty pocket. ”
Or maybe that was someone else. 😉
Why would the Chinese Government have anything to say about a story made up by a bunch of criminal fraudsters ???
Wonder wht d world is fast becoming, we all just walkn n watching ur back always cos u trust no one at no where in no time.
Nothing is for nothing. I think people should enroll and see what will follow because opportunity knocks who is prepared.
Let d Chinese government also tell us when to launch.
Wait for the Chinese govt to tell you when a scam they have nothing to do with is going to launch?
Sounds like a plan…
Says the person that always loses his money and wonders why no one told him why.
I have joined 1200 memberships to both LCFHC AND LCF COMPANY, NOW WHAT I DO?
At some point the scammers running LCF Coin will contact you and ask for money (probably in an indirect way).
You can either transfer money to them and lose it or move on.
The LCF scheme has finally conceded, there was no such thing as a coin for them and it was a scam where as they wanted 100 million people which they nearly got to join there group.
once this group got together they had to pay $27.00 per person to again register for the coin.
they at one stage contacted the Phoenix coin developer and asked him to sell the coin to the LCF and he told them to F### off.
if they did get a coin and took the money off there members they would have accrued so much money and no single individual would have done anything about it due to embarrassment and they would have walked away with millions of dollars.
wow what a great idea this was, it was started by an individual from NZ who was attached to mlm but they have given up and now trying to get something else going.
I know all this as there were others in Australia who also signed up and chatted to me about it. I knew as soon as Rothchilds was bought up.
all I can say to everyone is beware of ponzi scams like this , there is no such thing as easy money.
Hi guys, how about this business? Does it still availlable?
Of course not. LCF Coin collapsed and disappeared with everyone’s money years ago.