Author

Topic: This is everything Bitcoin should not, and cannot be. (Read 1590 times)

hero member
Activity: 772
Merit: 501
This is an ideal use of bitcoin. It allows for a very low barrier to entry for workers (in this case, survey takers), since they can get paid without providing bank account details.
full member
Activity: 196
Merit: 100
Like Jafm said, I really don't see how this is a scam.


This is just a common GPT site with a Bitcoin twist. These sites are very common, and definitely not scams. They are just not worth your time, take forever, steal all your personal information, and generally suck.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
If it looks like a scam and smells like a scam.......

Doesn't have to be a scam at all!

Let's say you complete an offer that nets the site $1.00.  They give you $0.50 worth of bitcoins and $0.10 (20%) worth of bitcoins to the person that referred you.  The site keeps $0.40.

There are thousands of offers like this:  http://www.cj.com/
hero member
Activity: 868
Merit: 1000
Bitcoin is going to be used in scams just like standard currency is.  There's no real way to prevent that other than encouraging people to evaluate opportunities on their merits and to not assume that something is legitimate just because it uses Bitcoin.
newbie
Activity: 49
Merit: 0
Sadly, their page design is more polished than many (legitimate) Bitcoin sites I've encountered.
yeah it's sad but true
member
Activity: 118
Merit: 10
Sadly, their page design is more polished than many (legitimate) Bitcoin sites I've encountered.
legendary
Activity: 980
Merit: 1020
Why don't you do something about it?

Whining about something you can't change is a waste of forum attention.
member
Activity: 112
Merit: 10
If you run one of these, you are at best an idiot - at worst, undermining bitcoin and it's potential future with a simplistic money-grabbing scheme.

Since when did the internet have a shortage of idiots? Which is why we'll see more of these sites AND why those sites will have "customers" to be victims.
legendary
Activity: 2408
Merit: 1121
I'm also not a fan of any 'business' that is actually using the words 'pyramid' in the promotional materials, whether they really are or not. I don't find it cute, funny, or very helpful for bitcoin at large - since a lot of criticism is leveled at the system based on the assumption that it is a multi-level intake scam.

If you run one of these, you are at best an idiot - at worst, undermining bitcoin and it's potential future with a simplistic money-grabbing scheme.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
While sleezy, I don't think it's a big deal. These types of sites are common... try out offers from vendors and earn rewards. As Bitcoin becomes successful, a million similar services will bloom... they're like the mushroom fungus of the healthy forest ecosystem  Grin
member
Activity: 112
Merit: 10
If it looks like a scam and smells like a scam.......
newbie
Activity: 49
Merit: 0
I recently saw a tweet referring to http://www.freebitcoins.org/

I read through and was immediately thinking how bad this is for Bitcoin, and Bitcoin's image.
One of those "Get your friends to sign up and you get 20% of what they get!"
This really DOES make Bitcoin look like a pyramid scheme, but I know it's not.
"Sign up and start earning FREE bitcoins!"

I don't like this at all.


If you are the owner of freebitcoins.org, please tell us your side of the story.
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