Has anyone experience with Bitcoin Generator?

eaLiTy

hero member

Activity: 2814

Merit: 911

Have Fun )@@( Stay Safe

Quote from: Gecko8 on August 09, 2017, 05:30:32 AM

This bitcoin generator add popps up recently when you do some freebitco.in faucets. Has anyone tested it? It sounds to be too good on potential gains. But I am scared of any scam... Any experience sharing very much appreciated.
Thanks!

Be careful with what you click,most of these sites gets advertisement and they do not actually check whether it is a scam site or not,they will be doing that if they are getting paid,just remember that you wont get any free coins what so ever and do not click unnecessary advertisement ,i might bite you in the end,if it is a malware.

raven7886

legendary

Activity: 1512

Merit: 1041

Quote from: iamTom123 on August 09, 2017, 07:22:07 AM

We should be careful never to be misled by this so-called Bitcoin generator software. Had it been that so easy to generate Bitcoin then maybe we would not have people who had invested money to buy mining equipment and gadgets just to earn Bitcoin. And always believe that whenever it is good to be true then it might be a scam.

Everywhere online there would always be people whose main purpose in life is to victimize others and steal funds always from innocent people. The internet is not a safe place to stroll around especially for people who are not aware that they can be the target of a possible hack or scam.

I read somewhere, "if the bait is obvious never take it." Hackers and scammers target naive and innocent people by giving them false hopes but one must see through their deceptions. If it was this way then why those people who suggest others such things go and get such cool gadgets. That’s crystal clear because they don’t exist and are fooling you around. There are many ways to earn bitcoins so do not stumble upon such things. As a newbie, they can join in a signature campaign.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: ?? on ??

There is no thing that can generate bitcoin unless you use a hardware to mine. It is easy to create a website that can get people's interest and fool them. That is absolutely a scam website and better stay out of it. Earning bitcoin also needs effort and if you think the site promise an easy money then get back to google.

Of course Bitcoin can be generated without use of any hardware if at the end of the day someone is stupid enough to send those rogues some coins in the hope of getting the largess. Whosoever says there's a free lunch anywhere?

Seansky

hero member

Activity: 560

Merit: 500

Quote from: gabbie2010 on August 12, 2017, 02:18:10 PM

Recently while doing some work online I bumped across a website knowns as bitcoin generator I was directed to insert my wallet address to generate bitcoin in my wallet after some time some bitcoin was generated , I was told to pay some amount of bitcoin to certain address before the generated bitcoin will be transfered to my wallet. Thus the site is a scam.

That is the worst way to scam someone LOL ahahaha. You're lucky that the site didn't try to get a malware into your computer because most of the times, sites similar to what you entered tries to gain access to your important files, specially your private keys. Many scam sites that are around now is the result of high bitcoin price so all we can do to prevent them from scamming people is to stay away ourselves and advice others to stay away from them too.

cpfreeplz

legendary

Activity: 966

Merit: 1042

Lol you can buy these cool bitcoin generators called "ASICs". If someone is offering to hold the hardware for you which you will never see (or dumb it down even further and not tell you there is hardware they are mining with) then you're clearly being scammed. If it's a faucet then it's a waste of time where you will earn pennies an hour. Don't bother with this crap no matter what it is.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: Gecko8 on August 09, 2017, 05:30:32 AM

This bitcoin generator add popps up recently when you do some freebitco.in faucets. Has anyone tested it? It sounds to be too good on potential gains. But I am scared of any scam... Any experience sharing very much appreciated.
Thanks!

I tried it long time back when I was very new to this crypto currency industry. It usually contains malware and dangerous viruses like keylogger and torzan. So it is recommended not to use it. Bitcoin can't be generated from the air, it has to be mined through a particular internet protocol. So never use bitcoin generator of any form.

You will end up giving away valuable information of your system to the hackers. So avoid all those scums and stay safe. try trading, gambling or signature campaign to earn bitcoin. These are safer ways.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Recently while doing some work online I bumped across a website knowns as bitcoin generator I was directed to insert my wallet address to generate bitcoin in my wallet after some time some bitcoin was generated , I was told to pay some amount of bitcoin to certain address before the generated bitcoin will be transfered to my wallet. Thus the site is a scam.

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: Gecko8 on August 09, 2017, 05:30:32 AM

This bitcoin generator add popps up recently when you do some freebitco.in faucets. Has anyone tested it? It sounds to be too good on potential gains. But I am scared of any scam... Any experience sharing very much appreciated.
Thanks!

Exactly. You answered your own question.

We don't mind folks asking about these, because education is the key to prevention of bullshit in this space. Bullshit is ubiquitous/ rampant here particularly Grin

Buy in the future, to save yourself a lot of wasted time and headache, try to use this rubric:

1) why is someone offering me this?

2) how does this project generate value?

3) what is the advantage/disadvantage of participating/investing in this? Do the potential risks outweigh the potential gains?

And finally

4) if this is a scam, will I be pissed off when I lose this money forever?

If you can't answer any of those questions with absolute certainty, you essentially haven't done due diligence.

Never invest without diligence Wink

pearlmen

sr. member

Activity: 322

Merit: 250

Quote from: Gecko8 on August 09, 2017, 05:30:32 AM

This bitcoin generator add popps up recently when you do some freebitco.in faucets. Has anyone tested it? It sounds to be too good on potential gains. But I am scared of any scam... Any experience sharing very much appreciated.
Thanks!

Guy, like everyone else have rightly said, the only way to generate bitcoin is to mine one other ways are to either buy it or earn it through provision of services or trading aside that there is no way to generate bitcoin and in this case you are not engaging in any form of mining activities so the only language that pop up is telling you, is SCAM which I advise you stay away if you don't want to lose the little one you have.

Gecko8

full member

Activity: 322

Merit: 101

Quote from: notyours on August 09, 2017, 11:52:24 AM

This is like a malware that collect information on Computer once you Installed. So if you have a important information or a hardwallet. They can easily hack your BTC. Dont trust them so many news about that Bitcoin Generator Hack. But the true they hack your btc.

ThankYou (THNX), for further background information provided

xFiber

sr. member

Activity: 336

Merit: 252

LMAO. There is no such generator and bitcoin isn't just generated like that. If some sketchy sites states that it does it's an obvious scam.

Lizzie_Girl

full member

Activity: 332

Merit: 103

Obviously it's a scam. Do you really have to ask ?

Quote from: ?? on ??

Bitconnect is making ways in the history of cryptocurrency.
Currently they are no: 14 on www.coinmarketcap.com you can wait why order make real money with it.
You can both start now and watch your money grow. Join us @ https://bitconnect.co/?ref=vsolute multiply your money through compounding interest program they

have. $100 minimum investment now want make you poorer but instead will give you extra income.

see guild on http://webtrafficbestever.blogspot.com.ng/2017/08/bitconnect-review.html

That's interesting I will have a look at that though 1% per day sounds much too high. I'm getting 0.2% a day and that's very good.

notyours

sr. member

Activity: 462

Merit: 250

This is like a malware that collect information on Computer once you Installed. So if you have a important information or a hardwallet. They can easily hack your BTC. Dont trust them so many news about that Bitcoin Generator Hack. But the true they hack your btc.

yua_na

full member

Activity: 434

Merit: 175

Àvoid any websites like this, especially if you want to generate ypur new bitcoin wallet, dont ever use any website, be very conservative in this crypto world, many people scammed, many people lose their hard work money

Kprawn

legendary

Activity: 1904

Merit: 1074

Ask yourself this question : "Why would someone give you bitcoins for FREE?" ...Someone I know used a similar service like

this and deposited a small amount... it was nearly doubled, so he tried again with a bigger amount... this time he received

no coins in return and lost all his money. They know people test these services with small amounts, so they deliver on their

promise on the first try. { the hook } and when you go bigger, they scam you. {Greed cloud your judgement} Go in big the

first time, and you lose everything from the start. Angry

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: Gecko8 on August 09, 2017, 05:30:32 AM

This bitcoin generator add popps up recently when you do some freebitco.in faucets. Has anyone tested it? It sounds to be too good on potential gains. But I am scared of any scam... Any experience sharing very much appreciated.
Thanks!

Theres no other way to earn bitcoin but just solely mining it with asics and talking about generators those things doesnt really exist and im rest assured that it would really be just a malware that need to be downloaded and once it has been done then you will surely got compromised and might get important informations regarding on your bitcoin wallets. Dont believe on easy money schemes because they dont really exist at all.

LTU_btc

legendary

Activity: 3234

Merit: 1375

Slava Ukraini!

It's obvious scam, made for naive fools and unexperienced newbies. After website will "generate" bitcoins, they will ask to deposit some btc as transaction fee, to receive btc. But after depositing bitcoins, you wont get your generated bitcoins.
P.S. others are saying a bit wrong information. This "generator" is online tool and you don't have to download anything. So, at least, your PC wont be inffected with malware.

iamTom123

hero member

Activity: 490

Merit: 501

We should be careful never to be misled by this so-called Bitcoin generator software. Had it been that so easy to generate Bitcoin then maybe we would not have people who had invested money to buy mining equipment and gadgets just to earn Bitcoin. And always believe that whenever it is good to be true then it might be a scam.

Everywhere online there would always be people whose main purpose in life is to victimize others and steal funds always from innocent people. The internet is not a safe place to stroll around especially for people who are not aware that they can be the target of a possible hack or scam.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

The only thing they do is make you to download a certain file and it tells you that it runs in the background meanwhile you can continue to work. The real thing a "bitcoin generator" does is to scan your entire hard disks for wallet.dat files in order to inject some malware into it. Next time you open your wallet the injection gives access to the creator of "bitcoin generator" to your wallet and this has resulted many times in lost bitcoins. It is crystal clear that you should stay away from these sites.

Gecko8

full member

Activity: 322

Merit: 101

Thanks a lot for your feedback. Sometime someone should just listen to his belly Cheesy

Topic: Has anyone experience with Bitcoin Generator? (Read 881 times)