Topic: Scam in the name of BITCOIN - page 2. (Read 446 times)
Scammers keep coming with new ways on how to defraud people out of their hard earned money, some are so good at it that you will be taken back by what they have to offer. those who fall into these traps are those that aren't curious enough o pay attention to detail and learn more about BTC, they therefore be live in anything that comes their way with a good deal, and end up getting scammed.
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 ?
They easily fall for wrong people.And the victims are eager to become rich thats why they easily ecourage for what they are promise to them without knowing anything or they are lack of knowledge on what they are entering. I feel sad for those people who are scammed.
-snip-
Well it is the responsibility of an investor to do adequate research on the topic before investing funds in any sort of schemes. There have been lots of incidents of this kind in the past and things won't change unless the people investing here take enough precautions not to fall for these sort of ponzis.
A saying goes "Never take up the deal if it is too good to be true." and being offered over 10% a month by means of mining and trading sounds way too good to be true.
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 agree with you. lack of knowledge is the main reason makes them get scammed. This year in my country, 15M Bitcoin is scammed because people invested in a new coin/ token. 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 not really easy, just like what happened to me day before yesterday – I was surfing the web and immediately I was automatically moved to a page that claims that I should complete a survey and stand a chance of winning an iPhone X or something different, after filling the survey I was told to pay $1. I checked people’s reviews and all the reviews were claiming that it was legit and some were like `I got my iPhone X today… I didn’t need anyone to tell me it’s scam. No one would be giving out iPhone X for free to millions of people online, man it’s not a toy.
Scam does not only happen in the crypto industry, it happens everywhere. So I don’t know why people will be blaming Bitcoin whenever they are scammed. Bitcoin wasn’t the reason why they were scammed, it was due to their own stupidity.
The scam you encounter is just an old scam and it happens everytime, every day. A lot of people have helped marketed that shit and didn't even know they are helping to promote fraud; how can you pay $1 to get an iPhone X? To me, the people who fall into this kind of scams are greedy. And OP, its not as if its only in cryptocurrency, scams are everywhere and they are good at involving in any new opportunities just like bitcoin.Scam does not only happen in the crypto industry, it happens everywhere. So I don’t know why people will be blaming Bitcoin whenever they are scammed. Bitcoin wasn’t the reason why they were scammed, it was due to their own stupidity.
There are real scammers and there are people who do not believe in bitcoin thats why they say that bitcoin is a scam. I can advice that The best thing to do is to never invest in this kind of websites even if I know some people that know how they work and make a profit everytime because they know where to invest and when to stop
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 could be the combination of what you have said. They thought that they can get easy money and good return of investment, and their decision are clouded when they hear that they will get X amount in X days. But logically speaking its not possible unless is a Ponzi scheme which its turns out to be. To prevent yourself from being scam? Don't invest on them period. Used better judgement and probably asked people around perhaps. There have been a lot of investments scams in the Philippines but people still didn't learn from the past. Its just really sad though this time, it involves bitcoin which put another taint on its 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 ?
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 ?
agreed, lack of knowledge will be the reason why people are getting scammed. they have no idea what bitcoin volatility is and how it is getting harder and harder to mine. they always get outshined by the high payments that is promised on their deals on such investments that results as scams in the end.
Yes they also uses bitcoin to scam because they know that they can get to jail because they hidden their identity in the identity of others and this is internet uses so you didn't know the persons you've token personally and you can't see them physically.
Scam in the name of bitcoin is quite common, because at present the knowledge about bitcoin is found very less among the people. Using this as an opportunity scammers cheat the common people. One such incident is the Philippino couple scamming such a big amount.
Be careful and be aware in bitcoin there's a lot of scammer using the name of bitcoin.study first and read the bitcoin system before to invest some people want to earn big and get a high number's of investor to use..after that your investment will disappear there's a lot of scammer cases in bitcoin please guys be aware. 
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 ?
if it is all about NEW G well i think the founder or president or the creator of new g has lack of experience to orientate those clients.. he spoiled the first batch when the price of bitcoin is around 19000 to 18000 usd but however when the bitcoins fall down he didnt know what to do how to explain it clearly so the investors get panicked. they report anomalies about new g even the governor of nueva ecija mr. oyie umali is a part of this. the main cause of this issues was the lack of experience handling clients and also he did not diacuss clearly what is they were entering. just like any other networking legit company
One of the pain reason under the list why people get scammed under the name of Bitcoin is getting influenced in the talks of the other person. One should always research before making any sort of investment also once its it comes to money matters you cannot trust anyone. There are number of coins which try to foul people and attract in the name of Bitcoin under Ponzi schemes, newcomers need to be aware of such schemes.
Large return on investments are totally suspicious mostly if the investment company have no legitimate sources of income to cover all the investments money and the guarantee that it will expand, in the first place they should be avoided that kind of scheme cause cryptocurrency are unknown to them it should serve as a lesson to those people who invested and heard this news, Op is right the locals must be educated with this kind of currency so that no one can fool them into investing, serves right for the scammers they go to the jail anyway.
Bitcoin is not scam and it is very good potential digital currency, in crypto world many scam currency creating everyday but beware of that, Bitcoin is good investment platform and you can earn good money from it, dont be think it is scam
There will always be a sheep on this planet. These people are seduced by high returns. Knowing how hard life is living in the philippines, some are desperate in order to have a stable living. To be honest, one of my friend is an Upline at NewG, and being an upline, he managed to collect almost Php 50m($1 million in USD) in capital. He's been loyal with their boss. He manged to generate a decent amount of Money of 4-5m PHP. Now he don't know how he's going to repay all the money from investors. That's how ponzi scheme destroy lives.
Scammers will not stop to scam people, so we better to be more careful when dealing with people even if they know them. People think for easy money now, and they see bitcoin as a one way of doing that but the sad thing is they are being scam by greedy people, but justice is serve and for sure they will stay in jail for good.
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
Definitely not because bitcoin offers a great opportunity for everyone. Let time convinced them to understand what bitcoin is all about, this time lets help people to understand cryptocurreny in a right and good way stop spreading FUD news and don’t try to Hype beginners.
I personally was a heavy advocate on that investment scheme scam and tried to inform people that there's no way these dudes will make 5-10% of guarabteed returns in just 16 days. I was mocked by the people who supported the said scam saying I'm just a noob trader that's why I can't do the gains they do. Fast forward 3 months after, I've read an article on a newspaper about the bust of that NewG 16 days investment scheme. That was the biggest "I told you so" moment in my life. Most investors who were lured didn't have the slightest idea on what bitcoin is or how it really works, that's why they immediately trusted these people without doing any researches and background checks of their own
Que sera, sera; a valuable and pricey lesson was learned on that day.
Que sera, sera; a valuable and pricey lesson was learned on that day.
Now a days thats true many people thinks in cryptocurrency is easy to earn huge profit they are greedy they want to huge profit in just month or days?, Scammers are everywhere, better to gain some knowlegde about cryptocurrency to avoid this case,
No wonder why people are always talking about PHilippines banning bitcoin and cryptocurrencies.
People lose money because they are foolish and greedy. They want to make a big profit in just a few days wich is possible but it happens only 1 out of 100 times so the risk is very high. I never understood how people can belive in this scams. They promise to give you a 10% daily profit or so wich is an incredible profit even for big companies like Google or Amazon. The best thing to do is to never invest in this kind of websites even if I know some people that know how they work and make a profit everytime because they know where to invest and when to stop.
People lose money because they are foolish and greedy. They want to make a big profit in just a few days wich is possible but it happens only 1 out of 100 times so the risk is very high. I never understood how people can belive in this scams. They promise to give you a 10% daily profit or so wich is an incredible profit even for big companies like Google or Amazon. The best thing to do is to never invest in this kind of websites even if I know some people that know how they work and make a profit everytime because they know where to invest and when to stop.
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