Bitcoin Forum

Bitcoin Lowen Ltd. is buying bitcoin and it's paying 10 % more than the current market price. Is there any specific advantage of it? What is the strategy ? Is it going to get some good news for the market?

http://www.benzinga.com/pressreleases/15/04/r5381824/cryptocurrency-trading-leader-company-is-now-buying-bitcoins-with-10-mo

lol that leader ..

Bitcoin Lowen a trading leader? I have never heard of it before.

The site itself looks soo amateurish that I wouldn't even send a single satoshi there  :D

I wonder how much people will actually fal for this nonsense. And if they do it's their fault.

Caution: BTC Lowen Ltd. was probably previously advertised as My Wallet Ltd. using PR Newswire to gain legitimacy and tried to defraud users on this forum too. (https://bitcointalk.org/index.php?topic=887390.msg9785835#msg9785835)

Just compare those articles:

http://www.marketwatch.com/story/cryptocurrency-trading-leader-company-is-now-buying-bitcoins-with-10-more-than-market-value-2015-04-03

http://www.marketwatch.com/story/my-wallet-ltd-is-buying-bitcoin-at-10-more-than-current-market-value-2015-03-18

good work,

what a shame that all of that homework had to be done in order to find out about a serial scammer


site mods and admins need to start shutting down IPs  




http://btcfeed.net/news/btclowen-another-dodgy-site-claiming-to-buy-bitcoin-at-premium-rates/

Why doesn't this guy just put up trades on exchanges like all the other traders do and jack up the price?

Answer? He doesn't have the funds, he's trying to get stupid people to hand over money thinking they'll get a good deal.

yup, sounded too good to be true, that's for sure.

interesting use of hype to manipulate speculators. I'll give him that much.

I think with the last 12+ months of disappointing market action many people are anxious for movement. 

be patient my pretties, we aint going to see anything of note for another few years. Patience...

I just found a new article related to this scam:

http://prnw.cbe.thejakartapost.com/news/2015/btcgaw-is-buying-bitcoin-above-market-price.html

This is too good to be true,in a few months will definitely be a scam

Probably the same guy/group trying to scam bitcoin from newbies that think they make a good deal. Be careful were you send your money/bitcoin.