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Texit Coin - The Good, the Bad and the Ugly

Posted: Mon Sep 29, 2025 7:08 am
by mistaPhi
The Good

One-Time Fee - A single investment in Texit Coin mining has the potential to produce a stream of income for many months (or for as long as Texit Coin lasts). So there is potential to earn if the protocol performs sufficiently after recouping your investment.

TXC Price Action - The price of TXC (Texit Coin's native token) is trending upward, with healthy market corrections. With the current price hovering around the $5 level, the token's price has already exceeded the estimated forecast of $2.75 for September 2025 (as defined in the path to $16 by Feb 2026 article).

Furthermore, it's worth mentioning that liquidity is being allocated to help support the TXC price as defined in the path to $16. And considering that the price is holding at nearly double of what was forecasted and that none of the allocated liquidity has being used, there is an indication of a small level of interest in the open market; with an emphasis on "small" as daily trading volume is less than 1M.

And as a side note, a recent article has been released suggesting that the price of TXC can be as much as $80 by February 2026 (read more here if interested).

Long-term earning potential - At the current price, initial investments in Texit Coin mining can be recouped in about 10 months, and less than that if strategic growth initiatives are implemented. But imagine paying a single amount today and receiving profits from that every day after 10 months.

Moderately affordable (but relatively high) cost of entry - Anyone can purchase a miner seat for as little as $995 and while this may not be attainable for some, most households in Texit Coin's target audience can afford it.

Legitimate Multi-Level Marketing Program (MLM) - After evaluating Texit Coin's Compensation Plan, I would not classify their MLM structure as a ponzi or pyramid scheme (as others may suggest). I've found the most accurate legal definitions of ponzis, pyramid schemes, and MLMs in this article; and based on my review of Texit Coin's comp plan, I'd say that they have implemented a fair and legitimate MLM structure for those that are willing to put in the work.



The Bad

On the real, I could write a book on this, but TLDR; there is a very real and present risk of losing some or all of your investment in Texit Coin. And since this section is talking about the bad, I'll highlight some key issues that may help stimulate the understanding of those that think critically and choose to follow logic rather than hype.

(a) It can take up to 10 months just to recoup an investment in mining TCS. That's a long time to lock up your money and the only way to speed up your returns is by recruiting others (or if the price of the coin increases). So participants in TXC mining will either be investors that have to wait a long period of time to ROI or they will serve as employees that work for commission from recruiting. This is an excellent money-making strategy for the founder (Bobby Gray aka Rob Gray aka Robert J. Gray) but not so much for most of the mining participants.

(b) Slow and low quality customer support. Expect to wait long periods of time to get a reply and when you do receive a reply, the response can be extremely poor; leaving you with unanswered questions.

(c) The founder can rug the project at any time. It would be foolish to do so at this stage but whenever he chooses, he can disguise a rug pull as a hack or put the blame on market manipulation, regulatory issues, natural disasters, or any other excuse that the blind would believe.

(d) The founder and/or whales can dump their TXC coins on the market and permanently tank the price at any given time. Remember that a there are millions of Texit Coins sitting in the hands of a small group of people, and you are likely part of the 90% that owns less than 5% of the total circulating supply.

(e) Texit Coin's message of how the price of a coin rises based on the amount of hash power used is flawed. There is a correlation between the two, but that applies to decentralized blockchains like Bitcoin. I'm not sure if Bobby Gray actually understands this or if he's trying to pull the wool over people's eyes. Either way, throwing more hash power into mining TXC will NOT cause the price to increase. For Texit Coin, the price moves on market sentiment and manipulation.

(f) TXC mining is completely centralized, meaning that an attack or natural disaster could shut down the project in an instant. If they tell you that this project is decentralized in its current state, they're either lying to you or don't understand what true decentralization is. Bitcoin is a decentralized blockchain, not Texit Coin.

(g) Texit Coin is and will always be a shit coin, and I mean this in the true sense of the word. There's nothing new or innovative about the technology and its centralization will deter the interest of developers; so no one will want to build on it. The current hype comes from a marketing strategy that targets people that have little to no knowledge about cryptocurrencies.

(h) Better investment opportunities are available. Investors in TXC mining would be better off buying, holding, and accumulating Bitcoin. Bitcoin has a proven track record of long-term price appreciation, Texit Coin doesn't. Furthermore, history proves Bitcoin's security, reliability, resilience, and progressive adoption across the globe. In contrast, Texit Coin's blockchain is restrictive, controlled, and can in no way compare nor compete with Bitcoin.

As an investor, it's better to devise a simple and cost-effective strategy to progressively accumulate assets that will (a) be around for years to come and (b) appreciate in value long term. Despite what promoters of Texit Coin say, TXC mining will not produce wealth that can be passed on to the next generation (at least not for most investors). So if you haven't heard it from anyone else, you're about to hear it from me... Per my sincere and unbiased assessment, Texit Coin will either be valueless or nonexistent within the next 2 years.

(i) The SEC could classify TXC as a security, shut down the project, and/or confiscate user funds (Consider what happened with Liberty Reserve)

(j) The founder has somewhat of a checkered past with an online history shrouded in suspicion, and a reputation of screwing others over when things don't go well. Links about Bobby Gray are listed below so you can assess the man's character and capabilities for yourself.

(k) My personal take on Bobby? Based on what I've seen and read online thus far, can't say that I'm a fan. One thing I will say is that Bobby Gray and his cohorts are in the game to walk away with huge profits and they have little to no concern about the financial wellbeing of their investors. When considering Bobby as a founder/CEO, I'd say that he could do a much better job of addressing some of the issues listed above to better secure the mining facilities (hopefully there are multiple), increase decentralization (if he really wants to grow this thing), and ensure that all regulatory requirements are in place as needed. I also see a gross mismanagement of the capital received from TXC mining purchases. Such resources could be used to shorten the excessive 10-month ROI period but as it is with other controlled money like the US Dollar, the bulk of the resources are allocated to the few while the vast majority compete for the scraps.



And the Ugly

Well, the ugly pretty much stems from some of the content that you may be able to find online about good ol' Bobby Gray, the founder/CEO of Texit Coin.

So What Do They Say about Bobby Gray? Here are some link so you can DYOR.



https://www.abi.org/feed-item/texas-coi ... bankruptcy

https://www.tfmetalsreport.com/forum/46 ... ligan-mint


(Quite a funny post and may have some merit to it, but this same guy classifies Texit Coin as a ponzi; and it's not)

https://malwaretips.com/blogs/texitcoin ... xitcoinorg



Will I be signing up for a TXC mining seat?
I'm still on the fence about this. While I like the concept of the one-time payment, a 10-month ROI period is beyond excessive. However based on the compensation plan devised for Texit Coin, I have come up with a concept of an auto-referral system where new and existing miners can put part of their team building on auto pilot (similar to the Team Drip system that I designed, but modified to support users of Texit Coin's MLM structure). But I'll only consider developing this if there is enough interest, so you guys will have to make your interest known if you'd like to have something like this in place.

Now that you've gotten more of the real deal about Texit Coin, you ask more questions and make better investment decisions. Or continue living in echo chambers and blindly following your favorite influencer, who probably understands less than half of what you do.





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