Topic: Scam in the name of BITCOIN (Read 446 times)
there is a lot of scams in the name of bitcoin like bitcoin cash , dark , .... and there is that MLM shit which you need to bring someone to earn and there is that ponzi but this are not in the name of bitcoin
yes yes youre right here in our country many people using bitcoin to scam. want easy money even they dont know how it will works like me in first place i dont know bitcoin and but before i go in crypto world i search and ask someone that invite me to this bounty and trading and it changes my life
I think a lot of it is just greed. People see everyone is making money and so they want a piece of the pie. But they don't know how to trade, or they're too impatient/emotional, so instead they go for these ponzi scams hoping it'll work out. It usually doesnt
Bitcoin is not a scam in a disguise,who ever that is afraid of bitcoin being scam should not invest or pertake in bitcoin.believe me you,in two years time,they will join us and talk about bitcoin
This is what the thread says so. Bitcoin isn't scam and those people who are taking advantage of bitcoin are the scammers and they are looking to those victims that doesn't really have knowledge on what bitcoin really is. And once they have found their victim, they are making those investors believe that they are into bitcoin but not knowing they are a scam scheme so the news is spreading and they even invite their relatives and friends to invest with them but at the very end of it, they were all fooled by those scammers.
Here in the Philippines, there was this recent news about this Bitcoin Scam where a group of scammers will offer you to invest money to them and then after 16 days you will get plus half of the money you invested. It was called the NewG Company headed by a certain Arnel Ordonio and his wife, Leonady. They made NewG Company and promoted Bitcoin as their form of payment to lure their victims which are mostly rich people who wants to earn double amount of money they invested. How much money did they get from scamming people? 900 Million Pesos. That is a very huge money here in the Philippines. So the lesson for us is that we have to be more extra careful and vigilant in trying to invest money because if we will become ignorant, we can be victims of these evil scammers which are just waiting for another victim. Goodluck everyone in investing money for the future!
There are many fraudulent leeches that try to take advantage of any successful endeavor. It happens to Google, Facebook, Amazon, Microsoft, stocks, real estate, oil and anything else that there's money involved. It is up to us to be skeptical to a reasonable degree and informed.
Well this news is not a new one and I honestly think that everyone is at risk.
In my opinion, Philippines is still one of the countries that experiences poverty which if generalized, a family or individual will do anything just to survive for a living.
That makes people enter any jobs even pyramiding scams or networking and bitcoins as a new trend here in the Philippines.
I am not degrading my own country, this just my view
I personally think that such cases can happen to anyo e in any country and it is true that without appropriate knowledge about crypt o currencies, there are higher risks.
In my opinion, Philippines is still one of the countries that experiences poverty which if generalized, a family or individual will do anything just to survive for a living.
That makes people enter any jobs even pyramiding scams or networking and bitcoins as a new trend here in the Philippines.
I am not degrading my own country, this just my view
I personally think that such cases can happen to anyo e in any country and it is true that without appropriate knowledge about crypt o currencies, there are higher risks.
If you find ad phrases like "Buy Bitcoin 5% lower than the market price. Achieve Big Profits ", then feel free to move away from him immediately. It is one of the scammer marketing strategies that want to deceive prospective clients with the lure of unrealistic big profits.
The initial signs of a fake Bitcoin Exchange is the domain. If it only starts with "http: //" instead of "https: //, then Bitcoin Exchange does not have a reliable security protocol. To take safe steps, immediately leave Bitcoin Exchange so know the quality of the domain.
In addition, you also need to be wary of Exchange sites that offer Bitcoin redemption to PayPal. Generally, the redemption procedure begins by filling out the PayPal email form and the amount of money you want to redeem to Bitcoin. After that, you will be given QR code to activate the process of sending Bitcoin to your wallet. Although it looks convincing, the steps are just the guise that made a scammer to divert your PayPal funds into their own personal account. In fact, your Bitcoin will never get to the destination address. Bitcoin Exchange fake sites are popping up and usually do not last long. Once the deception is uncovered or the business is not sold, they will reappear with a new name.
The initial signs of a fake Bitcoin Exchange is the domain. If it only starts with "http: //" instead of "https: //, then Bitcoin Exchange does not have a reliable security protocol. To take safe steps, immediately leave Bitcoin Exchange so know the quality of the domain.
In addition, you also need to be wary of Exchange sites that offer Bitcoin redemption to PayPal. Generally, the redemption procedure begins by filling out the PayPal email form and the amount of money you want to redeem to Bitcoin. After that, you will be given QR code to activate the process of sending Bitcoin to your wallet. Although it looks convincing, the steps are just the guise that made a scammer to divert your PayPal funds into their own personal account. In fact, your Bitcoin will never get to the destination address. Bitcoin Exchange fake sites are popping up and usually do not last long. Once the deception is uncovered or the business is not sold, they will reappear with a new name.
Many people are still fall on this kind of bitcoin investment scheme.
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
I do not know why the people in our country are so foolish. A few months ago, this type of scam was exploited how the operation works. It is the original Ponzi scheme that we people should already be aware of. Good thing justice is served but I pity those numerous victims. They were victimized by their own ignorance and their recklessness in making their financial decisions. Clearly, those victims lack the financial intelligence and they were easily manipulated by other people. We should always learn that money doesn't come off that easy and trust is a vital part of ourselves. Thanks for sharing this article because this will greatly reduce the ignorance of the people specially in my country though. Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
That was a very bad thing happens in the filipino investor of bitcoin. I also heard in the other news, Bitcoin name using to scammed other people what to invest on bitcoin. They talked the people and attract using their money said from bitcoin to invest people who talked. And people was attracted because the profit of bitcoin per day said the scammer. I was imagined, Why they needed to scam other people if they can to make money without crime or scammed accusation.
Many people are still fall on this kind of bitcoin investment scheme.
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Theres only one major reason why they become victim of that scheme,its GREEDINESS they are aiming for big profit in just small margin of time.i hate to say this but its their own fault why they are looking for justice from the mistakes they already know from the start,its just the greed attitude of them is what pushes them to invest in thay scam
Many people are still fall on this kind of bitcoin investment scheme.
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
it's all down to knowledge and education, nothing else. People are too gullible and scammers are exploiting that. It happens with bitcoin and with fiat money as well..
Many people are still fall on this kind of bitcoin investment scheme.
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Some people say that bitcoin is scam. They believed thay it is not trusted but they reallt dont know how bitcoin helps everyone. They are not knowledgeable about it thats why they believed about false information. It is really usel specially you can work at home and pay. Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Many people are still fall on this kind of bitcoin investment scheme.
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Yes i believed most victim of invesment scam are those people who entered the world of digital currencies has no enough knowledge and just thinking easy money. Then after all they blame bitcoin as scam. They dont know that people who do it and they use bitcoin as a tool to scam people.
#Taklimakan
The time I did not understand how bitcoin work I always fall victim of some of those HYIP. Some will go as far as asking people to invest one bitcoin and get three bitcoin within one week. Most of them will say they are mining. Then I did not even understand what mining means when we are talking about blockchain. I am very happy to be a member of bitcointalk because through this forum I have gotten information. I cannot be deceived any more.
Many people are still fall on this kind of bitcoin investment scheme.
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
Recently heard about the news of $17M bitcoin scam (Biggest scam on that country)
( https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scam )
I have here the list why people are still fall on this trap and maybe because of:
*lack of knowledge
*thinking for easy money
*they really not care about this market or
*Being feed with a wrong information
To prevent yourself from being a victim you'd better to start making an effort
to learn more about cryptocurrency, this is not an easy money you still need to make effort.
Any thoughts about this thing ?
I heard that news about a couple use bitcoin to scam people. It was my partner who send the article to me and he want me to stop doing related about bitcoin. Before i join signature campaign, i lose a penny when i invest in mining so he was negative about bitcoin. But i do believer of bitcoin and i do start to research to learn more about it.
Greed in combinatoin with the missing knowledge mostly leads to losses due to scam projects.
The majority of investors who came to crypto in the last year are here for $ profits.
After seeing ICO's partially being an extremely lucrative option, people simply hop on coins/projects which get shilled everywhere.
Most of them don't even read (or touch) the whitepaper at all. Some random reddit/medium/twitter posts are enough to convince them to put money it, with the only intention to sell them later (for a profit).
Until people grow up and use their common sense before throwing their BTC/$ away, there will be a ton of developer who will scam the less-clever people for their own profits.
The majority of investors who came to crypto in the last year are here for $ profits.
After seeing ICO's partially being an extremely lucrative option, people simply hop on coins/projects which get shilled everywhere.
Most of them don't even read (or touch) the whitepaper at all. Some random reddit/medium/twitter posts are enough to convince them to put money it, with the only intention to sell them later (for a profit).
Until people grow up and use their common sense before throwing their BTC/$ away, there will be a ton of developer who will scam the less-clever people for their own profits.
Well those scammers had a fill of those people who have no idea what is bitcoin all about and just give their money because they thought that they will earn. In the Philippines a number of Filipinos every year have been victim of such scams. Back to 2012 I was also a victim of Aman Feature Scam and lost 4k$. But I learned a lot from that; it was broadcasted all over the country but still many Filipinos does not learn from having lost a huge amount back then. With bitcoin being famous, scammers are now back again using bitcoin as a facade for their scamming activities.
It has nothing to do with the scam by the group of newg in philippines, they have scammed almost one billion, and I don't have further information if they are going to have the full refund to investors who are askingv for justice and base on the given information some investors are teacher. I don't even know how did they manage to be deceived by those scammers. Real lose to them. It's better to sweat than to take anything for granted.
Well those scammers had a fill of those people who have no idea what is bitcoin all about and just give their money because they thought that they will earn. In the Philippines a number of Filipinos every year have been victim of such scams. Back to 2012 I was also a victim of Aman Feature Scam and lost 4k$. But I learned a lot from that; it was broadcasted all over the country but still many Filipinos does not learn from having lost a huge amount back then. With bitcoin being famous, scammers are now back again using bitcoin as a facade for their scamming activities.
To avoid the naughty behavior of the scammers, the most powerful way of course is to learn everything about Bitcoin. However, there is nothing wrong for you to know the types of Bitcoin scam that is currently rampant Jump to: