Topic: valuable experience - page 2. (Read 293 times)

Binomo is a very popular platform in my country, there are so many advertisements about Binomo and moreover supported by some popular influencers of Binomo affiliate. And yes, currently, the Binomo problem is very happening in my country, so many people report Binomo because they feel that they are deceived and also Binomo is a scam platform. And this only makes the affiliation of the Binomo richer and richer from the percentage of the profits or loss of the users.

Afaik, Binomo is not legal in my country, it is not even under the law of Bappebti as an institution that is usually concerned with trade and investment. And for a long time, Bappebti and various parties have warned about Binomo, that Binomo is not a trading platform like other exchanges that are under the legal auspices of Bappebti. And Binomo is illegal.

However, it is also human, many of them believe more in the popular influencers and affiliates who promise big profits by trading "gambling" on the platform. Moreover, they are also showing off the wealth they get from the Binomo platform. And finally, there are lots of people who believe and are more interested in using Binomo than they believe in various parties who have noticed and warned about Binomo.
And lately, this news is getting bigger because more and more people feel they are victims of scams from the platform.

I myself can't blame any of them, on one side, Binomo is an illegal platform and uses various ways to attract the attention of new people. And these people also only focus on the money that will be made without wanting to learn and listen to the advice from various parties.

But what is certain is that the authorities are currently handling the case and hope that the platform will be closed soon. I am sure that in the future there will be other similar platforms emerging. Therefore, make this a very meaningful lesson and don't be easily tempted by sweet promises of getting high profits.

Btw, because of Binomo, the image of cryptocurrencies in my country is getting worse, because they think all trading platforms are gambling platforms and are prohibited or said to be haram, even though that is different.
Be smart and careful in any cases, never do whatever that we exactly don't know, if we don't understand yet, better to learn at first and try to listen to other people from two sides so that we can understand and take consideration of what we are going to do, moreover related to the money like this that really has high risks.

That is the reason why you have to understand a site very well before adventuring into the site for investment or any other capital or financial related matters, scammers are everywhere with different varieties of methods, strategies to deceive people in order to take over their money, what i have to say, that you have ti ensure you have scrutinized, peruse, penetrate into any site before getting into crediting of finance.

so here it is guys.
started from a famous youtube channel and I signed up using the link listed in the video description. I can't share the video because it has been deleted by the owner.

After a lot of losses that occurred almost hundreds of millions dollars or even more.now the government  announced that BINOMO is officially a trading site under the guise of gambling.

how the binomo system works, in design similar to trading sites in general but in fact is a dupe.
Profits made by fraudsters:
70% for the owner of the mentor/affiliator
30% for binomo owners
and the profit they make is from user funds/result of my money/other victim's money (losses deposit)

I personally haven't lost any faith/interest in bitcoin. I fully believe in bitcoin/cryptoqurrency assets because they are real digital assets. whereas the binomo site is bullshit 

That's how you will lose money all the time if you just read about the name of the site instead of looking for more information about it. Anyway, if the site is a scam then once you deposited you will only lose it and won't be able to gamble, trade or whatever you want. However, that's just blmy conclusion as we don't know how you find that site and how you lose your funds. For how long do you have known the site?. If it's too long enough then it's safe to say that it's not a scam but if you just know about it then that's what cause you to experience losing funds. Regarding to the threads above that's just a review or questions that will serve as your guide if you ever made a research about it.

You didn't tell us how you lost your money.
You deposit bitcoin into a website which you thought it's an exchange and you can trade there. But after you deposited, you understood it's a gambling website, not an exchange. Am I getting you right?

What did you do after you understood that it's a gambling website?
Didn't you try to withdraw the fund? Or you wager the fund an lost it? Or you tried to withdraw, but they didn't process the withdrawal?
What happened exactly?

It has actually appeared here and there on the forum a couple of times over the last year:

Bitcointalk Forum, Do You Know About the Site Binomo?
Is Binomo scam?
Binomo and cryptocurrency

When I took a brief look at it to add a comment to the first referenced thread above, I didn’t like the fact that it had parts of their written pitch in common with other shady looking sites I saw back then. There are a bunch of scam accusations here which may (or may not) result familiar in their claim in relation to yours:
https://exposure.wikifx.com/en/exposure/9381559639.html

Care to share the details of your case here? (how you got to know them, how they lured you to invest, with what enticing promises, how you eventually lost the amount to mention, what are they telling you about it, and so forth).

This has absolutely nothing to do with bitcoin.

You send bitcoin to a casino/trading platform and lost your money. So you lose your faith in bitcoin?

If you send USD to a scam website, will you no longer believe in dollars and in the US?
The currency has nothing to do with the scammers.

Fiat has been used for scams over time, but it has not been associated with scam over the years. Anyone who does not believe in bitcoin as a result of a scam news (real or fake) never actually researched on it and needed a reason to validate that.
The general public is much larger than the people around you and this would not tarnish the image of cryptocurrencies.

There are a lot of scam websites over the internet trying to steal your money, whether it's crypto or fiat.
Indeed, crypto is easier to steal, hence you have to do a basic research before using the services of whatever platform or website.
If they came with a too-good-to-be-true offer, you should have been even more wary.

Unfortunately coming afterwards and complaining doesn't help much, since Bitcoin transactions are not reversible. May help others in the future.
And people were/are fed by media with stories like bitcoin is scam, bitcoin is drug money, bitcoin is an environmental disaster and so on. If they choose to trust without researching... pretty sad... tell them watch the movie Wag The Dog for a start. It may be an eye opener.

That is quite alot of money you lost there. I would have asked why you invested such amount but I remember I was a victim.
Maybe, I was not aware of the golden rule of not investing what you can afford to lose. I trusted man like God and it costs me much.
I am a victim, you are a victim, even the man reading this post is a victim. There's hardly anyone that has not fallen to scammers in this space. But we should endeavour to learn from experience and learn to keep trusting the system(bitcoin).

Experience is always valuable. Sorry yours was so bad, and so expensive.
Don't worry about people. It's a good thing you didn't go the easy way, and didn't choose to believe all crypto is a scam because you happened to fall for a bunch of scammers. In the future, you'll be more careful, and you won't fall for that kind (or any kind, hopefully) of scam. Some people will have no choice but to admit (as I did) they were wrong, and crypto is not a scam. Some others will choose to keep their heads firmly buried in the sand. In any case, it's their loss.

hi have you ever heard of the binomo platform? i lost $300k while trading on the binomo platform. i feel stupid, i thought the binomo site is a cryptoqurrency trading site in general, uh it turns out the site is a gambling site under the guise of trading. this is a valuable experience because i have lost all the money in just seconds 
nowadays people around me think that cryptocurrency is a scam, people no longer believe in bitcoin. the name of the cryptoqurrency is tarnished because of the binomo platform