Bitcoin: Exposed? | Bitcointalksearch.org

KrishaBitcoin

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Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

Indeed, Bitcoin is not a scam but the bad people who use the Bitcoin platform to steal from the people is the scam so if fiat currency was also used in some illegal activities so it was the same for Bitcoin as it was a currency too. So anywhere in the world specially if Bitcoin is not legal we should be extra careful when joining an investments that will use Bitcoin platform.

Pumapipa

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Bitcoin through the years in this digital age, have been used by these scammers to get money. they ride onto bitcoin's popularity to convince the so called investors to put in shares. Little did these period know that bitcoin is like any other currency that you use for trade. I guess this will serve as a lesson to all to never be gullible especially when in comes to money.

raliyat

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Yesterday in India I saw the news arguing about bitcoin in the member of parliament what is the security about the bitcoin users in India, The finance minister replied that in India Bitcoin will remain illegal only and about the security of the users no going to support for illegal thing. So as a new member it make me to think about it.

Nasty23

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Quote from: eaLiTy on November 18, 2017, 02:05:52 PM

Quote from: BitPlace on November 18, 2017, 01:55:56 PM

That call center agent who exposed bitcoin as a scam was careless because he didn't check many reviews of that site before investing. He should have be mindful that there are some people scam using bitcoin and not just using bitcoin but scammers can use anything just to scam other people.

People who are not aware of bitcoin or just heard about bitcoin will find it confusing and might think as a scam while seeing these kind of reports published by people who does not have the time to learn and understand what bitcoin is and made a fool out of this entire thing and now he is blaming bitcoin for his foolishness .

Yes they didn't have an enough time to study bitcoin that's why sometimes they make a wrong decision that going to invest in the scammer. Study is the best way to do before entering the investment because you are trusting that this investment can be able to give what you are looking for and you didn't feel any regret for the money that you invested because they provide a good security and platform for everyone of the Investors.

francis2

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Quote from: 2fresh on October 30, 2017, 07:13:29 PM

I don't feel it's a legit reason. There's plenty of scams going involving cash or credit card fraud for example.

Get used to it politicians are very good at twisting the facts they are going to try to scare people away from bitcoin saying that only criminals use it and they are going to try to give tight restrictions to bitcoin because of it.

eaLiTy

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Quote from: BitPlace on November 18, 2017, 01:55:56 PM

That call center agent who exposed bitcoin as a scam was careless because he didn't check many reviews of that site before investing. He should have be mindful that there are some people scam using bitcoin and not just using bitcoin but scammers can use anything just to scam other people.

People who are not aware of bitcoin or just heard about bitcoin will find it confusing and might think as a scam while seeing these kind of reports published by people who does not have the time to learn and understand what bitcoin is and made a fool out of this entire thing and now he is blaming bitcoin for his foolishness .

BitPlace

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Quote from: aardvark15 on November 18, 2017, 08:29:22 AM

Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

I’m sure people can come up with scams that include Bitcoins or altcoins but that’s not an implication on cryptocurrencies. People can scam you with any kind of money and they do it all the time. If anyone promises a certain gain over a period of time, then they are scamming you. They can’t make those kinds of promises.

The sad thing is that as people use Bitcoin in scams, it can affect Bitcoin’s perception as we have seen when people claim that Bitcoin is used for illegal activities. This can affect Bitcoins price and acceptance in a negative way.

Yes you are right. There would be a big possibility that because of the featured scene on one of the TV programs, people would definitely think that bitcoin is a scam and it could be so hard for them to believe that it is legit because of what they saw and heard on TV. That call center agent who exposed bitcoin as a scam was careless because he didn't check many reviews of that site before investing. He should have be mindful that there are some people scam using bitcoin and not just using bitcoin but scammers can use anything just to scam other people.

aardvark15

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Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

I’m sure people can come up with scams that include Bitcoins or altcoins but that’s not an implication on cryptocurrencies. People can scam you with any kind of money and they do it all the time. If anyone promises a certain gain over a period of time, then they are scamming you. They can’t make those kinds of promises.

The sad thing is that as people use Bitcoin in scams, it can affect Bitcoin’s perception as we have seen when people claim that Bitcoin is used for illegal activities. This can affect Bitcoins price and acceptance in a negative way.

voztata

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Quote from: Wagako on November 11, 2017, 07:25:47 AM

Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

Yes just always transact with secured sites so that you can avoid scam. Scammer now is really wise so you better double your security. At this days we must take care.

When I saw the Topic – Bitcoin Exposed, I thought there was something serious being discussed on bitcoin, maybe a hidden secret, I never knew it was something that doesn’t really make sense. I don’t see how a guy being scammed his money because of his own mistakes by Investing on the wrong place can be used against Bitcoin and the whole community as a whole to call it scam.

Scam is a normal thing, you can be scammed even with dollars, euros, pounds, gold and silver, they’re all scam, and are no different from being scammed with Bitcoin. Well, if Bitcoin is scam, and I’m making money from it, then there is no problem.

Cjbrinces11

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Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

All investor here in the Philippines are waiting on that news and I already watched BUT those site are not trusted and all my group never new about those site scam. So that I recommend that think before you click.

ricardobs

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Quote from: Bakukang on November 06, 2017, 05:49:00 AM

If you are into bitcoins you can never be scammed as long as you won't allow it.And some people are using bitcoin to scam other people.It is not bitcoin that is a scam it is the people behind it and using it to fool people.

You know, I was making some research online today when I came across an article on USATODAY that talked about bitcoin, explaining what it is all about and what’s likely come in future. Bitcoin is starting to gain wide recognition, lots if places both offline and online, but mostly online are accepting Bitcoin. Despite that Amazon is not accepting Bitcoin, we still have Overstock.com which is also one of the biggest online store in the world.

Wagako

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Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

Yes just always transact with secured sites so that you can avoid scam. Scammer now is really wise so you better double your security. At this days we must take care.

henmark

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Quote from: Bakukang on November 06, 2017, 05:49:00 AM

If you are into bitcoins you can never be scammed as long as you won't allow it.And some people are using bitcoin to scam other people.It is not bitcoin that is a scam it is the people behind it and using it to fool people.

There are number of people who are talking about this thing that bitcoin is being used in different kind of illegal activities and that bitcoin is not doing any good for the society. The fact is bitcoin itself is really a wonderful thing. It all depends on the persons who are having bitcoins in their wallets like how they are actually using their bitcoins. Bitcoin itself has nothing bad in it.

jonatuzc

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Quote from: dharnamonitor on November 05, 2017, 03:07:19 AM

Quote from: fanbeila on October 29, 2017, 05:47:32 AM

Bitcoin has nothing to do with his loss.Its his fault to trust unverified websites and invest in it.Bitcoin is a decentralized currency and no one could control or influence your money invested in bitcoin.It would be better that those people who don't understand bitcoin just stay away from it and stop giving such silly reviews about bitcoin.

Bitcoin acceptance has already gone world wide and it is said that even some of the wall street people don't want to miss the opportunity of earning from bitcoins for just the reason that they work in wall street companies.

So just stop blah blah blah.

That's why we should not encourage more people to invest in bitcoins instead we must teach them how the bitcoin works and its potential to be adopt by other countries in the near future. It is their fault if they end up being scammed because they are too eager to earn money, I know some of the people who are just starting with bitcoins are too greedy to earn more money because they can't control their emotions. Those peoples came up with a conclusion that they will surely gain money with bitcoins based on what have they heard to other bitcoin users, I think it is the same thing that has happened to the person in the news.

Right! The most important thing which plays a very vital role in the world of bitcoin and that too for the one who is planning of investing money in bitcoin is none other than the amount of knowledge which he is having about bitcoin.

You will only be able to earn more money if you’ll be knowing about bitcoin in well manner. Above all, it will also help you from remaining aware of the scammers.

cryptokitty

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Quote from: moanamakeway on October 29, 2017, 12:14:41 AM

A documentary here in the Philippines entitled: FAILON NGAYON have exposed Bitcoin as a type of scam.
It goes like this: a callcenter agent guy invested on one of the sh*tcoins here. He invested a fair amount of money into it as a promise projection of 50% gain for about 3 months. After 3 months have passed and he was about to withdrawn the money, support system from that UK based comoany was suddenly became unresponsive.
Financial analyst said that bitcoin is being used by some scammers to phish for money from users through untrusted sites.
I think that due to anonymity, it is very hard to track down those people who uses bitcoin for scamming.
For me, I think you just invest amount ofnmeny that you can afford to lose. Secondly, just transact with secured sites and not fall for get rich quick schemes because most likely thisnis a scam.
What are your thoughts on this?

Maybe, he did not do any investigation or do some research before the investment was made. Don't let ourselves believe with someone else telling us that we can earn a lot without analyzing the nature of business. Scammers are real, be observant.

Bakukang

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If you are into bitcoins you can never be scammed as long as you won't allow it.And some people are using bitcoin to scam other people.It is not bitcoin that is a scam it is the people behind it and using it to fool people.

ThunderCatSteve

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Quote from: bellamae on November 01, 2017, 06:39:08 AM

I think he does not know about bitcoin because if he knows about bitcoin he can not be scammed. But it's in that person whether you're cheating or not. Not because the bitcoin is famous so you just have to invest it like that he would have studied it first well if it was legit. So let's get it through to all of us to be especially smart on the websites, we study first If we have no background we can ask for advice on people with experience especially with bitcoin.

Happy you said, study first, which is the reasonable thing anyone should do, let alone a media outfit. That must be one hell of a crappy show in my opinion cause I can imagine the number of times they would have misled their viewers.

In fact, read all the things the OP mentioned that they said, it sounded like a kind of talk you would expect from a kindergarten kid. programs like this should be scrapped at end since they could not even get a simple fact straight.

dharnamonitor

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Quote from: fanbeila on October 29, 2017, 05:47:32 AM

Bitcoin has nothing to do with his loss.Its his fault to trust unverified websites and invest in it.Bitcoin is a decentralized currency and no one could control or influence your money invested in bitcoin.It would be better that those people who don't understand bitcoin just stay away from it and stop giving such silly reviews about bitcoin.

Bitcoin acceptance has already gone world wide and it is said that even some of the wall street people don't want to miss the opportunity of earning from bitcoins for just the reason that they work in wall street companies.

So just stop blah blah blah.

That's why we should not encourage more people to invest in bitcoins instead we must teach them how the bitcoin works and its potential to be adopt by other countries in the near future. It is their fault if they end up being scammed because they are too eager to earn money, I know some of the people who are just starting with bitcoins are too greedy to earn more money because they can't control their emotions. Those peoples came up with a conclusion that they will surely gain money with bitcoins based on what have they heard to other bitcoin users, I think it is the same thing that has happened to the person in the news.

raven7886

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Quote from: Vannie12 on October 31, 2017, 03:48:38 AM

Bitcoin is now on so much exposure in public. Many of them are still curious about it. For me bitcoin is not a scam its some of the users who use bitcoin in scamming thats why many are not satisfy on the proofs that bitcoin is not scam coz many are still the victim of it while using bitcoin.
We cant stop them and we cannot blame bitcoin because this is not their fault, so the only thing that we should do is make or keep our accounts in private and as much as possible read a lot of details about bitcoin to avoid scam.

Yes. Just like in real life, even if you hold money and then a thief attacks you.

Will you say the money you are holding is a scam ?
If you invest a certain amount of cash in a company that promises to give you something at the end which is not even related to bitcoin, will you then because of that say the money you invested is the scam ?

We just need to be careful, most especially when it has to do with security of our assets. You cannot be careless and expect a thief not to steal from you.

sampalokmix

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Quote from: Hexah on October 29, 2017, 01:30:36 AM

Hello, I am from Philippines too and not thinking about the same way if you are that vigilant to where you imvest your money, maybe he is careless not to think if that company really pays or not. I don't really like on how they feature it but if they focus on the positive side on bitcoin they would know how it goes and what future lies in through it. So be wise where you put your money.

Well me too, this is the time of scenario where in lack of information towards something and because you want to earn as soon as possible you tried to commit in something insured, they may be accused for stating unlawful toward bitcoin in which we can conclude that lack of information gathered by the source was entirely clear in the scenario and concluding for something unreal like bitcoin is a scam , well theres a lot of hackers here but bitcoin per se is not a scam.

Topic: Bitcoin: Exposed? (Read 2262 times)