well these kind of scam has been on a long time and more persons keep falling for it despite how much awareness has been created. anything pyramid is something i will always kick against.
it is equally possible to declare fraud paper money used by millions of people every day, because it is pyramid, supported by the emission center of the Central Bank or the Federal reserve system. 
Topic: Bitcoin SCAM! - page 44. (Read 6607 times)
A lesson learned for everyone to not trust to buy btc to a person because there are a lot of cases that it ended up scam I also saw similar to this incident on a new. If you really want to have btc use your fiat to buy on a known trading site instead and you can sure it is not a scam.
There are a whole lot of scams around nowadays. If anyone offers you an investment opportunity, it is your responsibility to diligently do your findings because the person may simply be looking for referral in a pyramid scheme. This will eventually collapse and your money will be gone.
Scam is an illegal project which is using the money of others to invest and awhile ago there's no return. Base on my experienced bitcoin is not a scam, because first of all i was invited by my friend and before i using it, i confirmed to my friend first if it was a legit or a scam by giving me some proves that he was having a money from bitcoin. After that, when he proves me that bitcoin was legit and not a scam i started to join or using this bitcoin. Using it in a proper way without any transaction or using an illegal project may cause of having a good returns because everything that having an illegal by using money it will called a scam.
I want to correct your title! Bitcoin isn't a Scam this the suppose your title. Everybody here has diverse perspective and take things distinctively with regards to bitcoins. The ideal approach to investing in the bitcoin is straightforwardly no others individual include just you. You need to register to digital currency site and after that confirmation convert your dollars into bitcoin. If want to begin your adventure in the bitcoin this best time.
Bitcoin is not a scam and will never be a scam!
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
..Yeah,,that's true..nowadays,,many scammers spread everywhere..they make every effort just to earn money in easy ways..they encourage lot of people to invest then if they gain lot of investors they will just disappear..they are deceiving a lot of people who trust in them..especially now that bitcoin is a well-known cryptocurrency that gives opportunity to people to gained lot of money and change people lives..We need to be cautious on what is happening in our environment.before you trust anyone or any other site that offers you the chance to have a lot of money,,make sure that you conducted your research and investigations before accepting or investing on them so that you will not regret on the decisions that you have made..
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
Bitcoin is not a scam,just like paper money scammers were also using bitcoin to scam..no matter what type of currency we had if we dont secure it..then theres a possibility that we got scammed..we must be responsible for our btc. 
Most of the people here are thinking like that the bitcoin is scam, maybe some other group are scam because of using the name of bitcoin so that they can steal money from the investors so better check their background first before you invest.
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
There are lot of people today that are using the Bitcoin platform to scam the people and give bad image to Bitcoin investments in return. This will result to wrong understanding by some un-oriented people that Bitcoin is a scam and that is why they avoid it. Therefore the need to regulate Bitcoin is a must so that it will not be wrongly treated that way but instead it will be proctected to be use against illegal activities like this scam.
There are many people who use bitcoin to deceive others. This makes many investors feel bitcoin is a bad thing and that does not make good for bitcoin developers around the world. 
berharap hati-hati saja berinvestasi disitus web baru dikarena kan bitcoin turun maka kebanyakan web sekarang cepat scam ..
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
Trust is really a dangerous game to play in any business opportunity so you better be wise where you will put it. Events like this ruins the publicity of bitcoin as the public often blame the tool and not the person. Hopefully, the public will realize this and they will be more aware that no matter how good a system is, if it fall in wrongs hands, things will get dirty and tricky.
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
Always report if you heard that someone is using the name of bitcoin and/or any other cryptocurrencies just to fool the public and ruin our image to other people. We must spread awareness that bitcoin and scams are very different from each other. I wish those people that created that scam will be caught and show that bitcoin is not the bad guy here.
well these kind of scam has been on a long time and more persons keep falling for it despite how much awareness has been created. anything pyramid is something i will always kick against.
I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!
it is not possible once bitcoin is a scam investment. Because of the large number of users and large turnover of funds makes bitcoin impossible for fraud 
Thats why you really have to know and plan where you put your precious money. You have to be careful in every step you are taking. Lesson learned! Know more before trusting anyone.
I agree with that opinion, you must have some plan or idea if you want to involve to an investment so that you can avoid scammers and to avoid losing money. In addition to that, you must some knowledge about bitcoin if you want to invest and try to look for good investment so that you can avoid all scammers.
I think always analyze and investigate, when I want to invest. yes it is important to know the project and progress. we always have to monitor to avoid errors such as scam. make an example for the future to be able to choose on a project that is not a scam.
Good thing that you did not invest with your friend and did your own research because if you do invest in that company your money would be also vanished I know it was tempting because it is your friend who you trusted but then they got scammed. So always make sure search their company online for reviews if it is legit or not this is why I don't trust someone immediately because I know many people now are scamming to get some money. So do your own research and do not believe immediately.
Since the news about the bitcoin scam here in the Philippines, many people question me about investing here. When they heard the word "bitcoin" the first thing comes to their mind is "scam". It's hard to explain to them that bitcoin is not a scam. It just that there are other people who uses bitcoin to scam other people and it's sad because it affects the image of the bitcoin world.
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