Bitcoin Forum

Ignorant People are still falling for bitcoin seminars in the rural and some major cities in the world. I was listening to 93.1 Radio Station in my locality. And a programme pop up titled, "Metaphor of Bitcoin". Which the presenter and the sponsor of the programme were try to explain the Metaphor of Bitcoin and I was provoked, they provided a phone number for the interested people to send text. What the sponsor said that made me provoked was, he said, Metaphor of Bitcoin is an Investment Platform (wallet) whereby bitcoiners can used to make money. It is a decentralized system in which nobody can control another person coin (s) even the developer of the software. It also uses per to per (p2p) system. And the presenter was asked to explain the p2p system to the listeners and sponsor said, "it is just like meeting whereby members among themselves give money to the person that is due to collect". Later he put it in this way. It is a contribution of money among people. Although to some extend he was correct but I called the number  which was provided and explained p2p to them in detail.
I recorded part of the programme, I would have uploaded it but this forum doesn't accept audio. So I used another website to upload the audio. See link to the audio http://sndup.net/gchb

Finally. Then I thought to myself. The Knowledge getting from Bitcointalk is enough for me. They can't deceived anymore. I have learned and known. See     
My First Encounter/Experience With Crypto-Currency (Bitcoin) 2015  (https://bitcointalk.org/index.php?topic=5384495.msg59165982#msg59165982)

That's really nice, that you made a call and gave a clear explanation about P2P. Same as you, many people might be hearing the program and know what he said isn't perfect and they just ignore. You've done a good job correcting the person with the knowledge acquired from Bitcointalk. Everyone wants to do this and such activities will make people learn the truth about the market than the hype.

There are few of them here in my area at first they said they would help people to make money fast and invest related to Bitcoin but in the end, after you pay the entrance fee you can now join their seminar and the seminar is almost related to trading and nothing else. It is almost all basic trading and a guide on having a Bitcoin wallet which the guide can easily find on the internet.

The only thing that I noticed is that why would they say fast without telling people that trading is risky or Bitcoin is risky?
I don't agree with most of what they said about Bitcoin without warning people about the risk.

And another thing is there is some seminar that leads you to crypto investment with instant profit which is a scam but still people believe they will make money by investing in such a scheme. Many ignorant people don't know anything about crypto yet and mostly are senior people who end up investing with a big amount and believe they will make a big money instantly.

I have encountered a number of Bitcoin or crypto-related seminars and talks in the past. I haven't attended even one of them. I always have reservations when it comes to this kind of activities. It is because Bitcoin doesn't have any PR or marketing team. So any team or group of individuals who shells out money to rent a hotel or a function room of a resort or a restaurant to explain Bitcoin must have some ulterior motives. It is either they are soliciting investment or they're promoting an exchange or centralized wallet or even scam. Whatever the products and services are, the primary objective is to make money.

Getting a foundational knowledge of Bitcoin is the most essential step or procedure. People must be able to understand how Bitcoin works and the merit and demerits of using the currency. But in recent times we have seen these so called investors brainwashing people about quick returns from investing in Bitcoin. They showcase Bitcoin as a ponzi scheme or get rich quick investment thereby swindling people of their hard earned money. Our responsibility at all time is to ensure that we reorient and re-inform people and ensure that they get the right information about Bitcoin. 

So basically, CMIIW, he's promoting an investment platform? Like this due is promoting some sort of another likely pyramiding scheme. I doubt it that he's said the truth about such platform that he had mentioned. It's actually true that bitcoin is centralized but if it's a platform where someone can invest their bitcoin and let it grow alone, that's a false introduction to the listeners that will certainly mislead a lot of them into thinking that it's easy to earn bitcoin if you already had it and just invest it in some platforms.

Misinformation among the cryptocurrency communities is evident and will be rampant regarding newbies. There are a lot of people who are becoming a victim because of their lack of knowledge and self-research. Some people are lazy when reading facts and ensuring that they read suitable sources. Like here in the forum.

I do hope people would be more interested in the truth and verify that it's true or not. That kind of station should be somewhat penalized or something.

I've also found this kind of thing in the past in the city I live in now where there are some people who make seminars on cryptocurrency in hotels carrying the name Bitcoin, but in the end they tell everyone to put Bitcoin on their platform. Namely MMM Global And another one is a seminar about altcoins such as truecoin which is said to be worth more than Bitcoin so it made me laugh at the time and strangely enough they didn't know about Bitcointalk so I wasn't sure what they were saying.

You are right. many fraudsters carry the name bitcoin in an attempt to attract the people they target. be it in a ponzi scheme or in other fraudulent investments. even a few months ago in my country something like that happened that made the name bitcoin a little worse in the eyes of people who were not familiar with technology. So at that time in my area, parents thought that the name bitcoin was a fraudulent investment. they misunderstood because the media is also not good at conveying news so it is prone to misunderstanding for people who are technology blind.

even to the point that there are parents who forbid their children to approach things related to bitcoin. I also think that if this misunderstanding is allowed to continue, it will become even more chaotic and will be difficult to rectify when it reaches a severe level.
That's where I started to move to explain the real bitcoin to the people around me. With my limited knowledge, it turns out that the people around me are starting to not misunderstand anymore. But it takes extra effort to explain more easily to people who are elderly. but to my friends of the same age it is very easy to explain.

Taking advantage of other people's ignorance to get more benefits, those are some things that people out there are starting to trend. They think that nothing is free even just by providing basic information about bitcoin and its uses. Unlike in forum, we always have free classes for correct information about bitcoin even it's technical knowledge.

There are indeed positives from spreading a lot of information about bitcoin, but such basic information is freely available on forum and official website. People don't have to pay for it, but they just need to be aware that there is a lot of correct information here or official sites that just require them to read.

Ponzi schemers has been using Bitcoin to and other crypto assets to carry out their fraudulent p2p activities in which after few weeks of commitment and trust from their victims  they just zoom off into thin air. My biggest discomfort with this scheme is how presenters go ahead to air this programs on their channels knowing how dangerous ponzi schemes are to the society. In the days of ignorance mistakes are inevitable i wish another program can be aired on that channel to correct the mistake that the victims of this presentation will bring about

In this world you have to be constantly on your guard against being ripped off. Scammers usually sell you their product with nice words, obviously, because they don't want you to be aware that they want to scam you. Even in the case of legal projects that are not technically scams, there is also a lot of marketing that doesn't tell you everything, such as trading courses that minimise the risk of losing money and focus on the fact that you are going to earn a lot of money easily.

I correct you: Bitcoin is decentralized, unless you depend on exchanges for off-ramps. Everything else you said is true, but let me make it a bit more clear: Bitcoin is not an investment platform or stock, it is a currency.

Indeed, Bitcoin is certainly Decentralised and it is not itself an investment platform although
with certain 3rd party platforms a lot of the community treat it as an investment.

As per the OP I think the sponsor from the radio programme has just got their facts
incorrect and maybe they were voicing their personal opinion. Even on a metaphorical
level what they said was not accurate, I mean its very very easy to find out what Bitcoin actually
is and there is no need to create a metaphor to explain it.

Having Bitcoin "experts" pretending to understand how the blockchain works and trying to explain it to other people by talking complete BS is totally cringe. You did a great job, but at the end of the day, nobody cares that much about what peer-to-peer actually is and how the blockchain works. The only thing that gets people's attention is how to make money out of Bitcoin and what will happen with the Bitcoin price.
You could give yourself a medal for being a "Bitcoin educator", but 95% of the people will stay completely ignorant about Bitcoin and how it works. ;D We can't change this. It doesn't matter how desperately we are trying to promote BTC and it's features to other people.

Misinformation everywhere :facepalm:

The worse is that, there are newbies who are falling into it because "they're newbies" and they don't know what they are doing and they thought that these seminars are the ones that will provide "true" knowledge to them but it's the opposite. I feel bad for these newbies but there's nothing we can do but to just continue to teach and teach.

Well, I always believe that newbie investors will not lean if they will not experience the hard way of learning. They will encounter things like this where they will invest into wrong types of investments like this one. It's pretty obvious that they are misleading these newbies. I wish there will be a seminar here in our place regarding Bitcoin where anybody can join and if I find that they are misleading, I will stand up and debunk what the speakers are saying and I will say the truth :D.

First of all, I'm sorry you had a bad experience entering the bitcoin industry. Although this isn't bad actually instead it is good, it just seems that the first ones you run into are deceitful people in this matter. It's not really clear to me if you still got the Bitcoin you entered on that platform. Because at that time in 2015, the value of Bitcoin was still low and now even though its price has fallen, I can still say that there is a big difference between its price then and now. And I also saw that it was good that you made a topic post in this forum so that you can also see the opinion or advice of others that you think will also help you.

Those who already have enough knowledge about bitcoin and how there are many scams with investing in crypto will no longer be tempted but unfortunately even more who do not know what bitcoin and how scammers try to deceive people, what's more annoying is that it's quite difficult to convince those people that it's a scam.

Let me help you to put this more correctly, 'Bitcointalk makes people to be exposed more to let them know how many things in life are not what novices thought they are'. Example are the seminars. What most of them will teach people will be how to trade, but you have known about this already. Also from any seminar, you will see how the organizers are very wrong in many aspects. I have experienced this before too countless number of times. There is nothing better to be on a forum like Bitcointalk, it is never a wrong forum to be to discuss what is related to bitcoin, crypto, economy, life and many other aspects.

This is the greed factor.
• Bitcoin as a get rich quick scheme, where one buys low and sells high a couple months later, driving off in their lambo, is a lot more attractive than,
• Bitcoin as a decentralized currency, which is pseudo anonymous, immutable, secure and irreversible, giving their user full control over their finances, without being dependent on a third party.

For this reason, people want to believe what scammers say and fall for cheap scams, like send 1 BTC to get 2 back.

Bitcoin is NOT centralized, has never been.

First of all, I wish to thank you for representing the bitcointalk community very well by taking that bold step of calling the programme to correct the presenter what p2p actually means, because this is how they go about teaching half-baked information to ignorant members of the community to mostly affiliate programs with the sole aim of earning a referral bonus. But thanks you have been enlighten by the bitcointalk community and can never fall again 👍


I just can't wait to listen to the few parts of the programme you recorded, and here is a link to one of the best, easy to use and free audio sharing website where you can upload an audio, share the link and anybody can listen to that same audio from anywhere around the world with the use of that link..
https://sndup.net/

So OP, you can upload it and add it to your thread
I just can't wait to listen to the programme.

It can't be denied that even in Google's search, you can find a lot of misinformation that possibly be used in some public and social media discussions. I'd just believe that the spread of this wrong information have a huge impact on the crowd and ended up with a mixed conclusion and market views. Either way, it is positive or negative, without knowing the right one and knowledge about crypto, and upon listening to someone who talks about Bitcoin whatever it is makes you think he/she is right (but they are wrong on real).

Therefore it is necessary to filter in securing your Bitcoin assets on any platform offered. Because in this case you fully understand how Bitcoin should be handled individually. Involving transactions that are very vulnerable and not really reliable create a trap for the victims. Always be careful because this kind of scheme takes advantage of the lack of knowledge about Bitcoin but only hears a glimpse of one-way news.

Sadly many of these seminars are being held by evil-minded people who have different bad intentions of getting a hold on people's money. Some will start with bitcoin fundamentals and advantages and then drag the audience to their own Ponzi projects, MLM schemes and getting people money to do trading and give them constant monthly profits and so on and so on.
These are people who give bad name to bitcoin and cryptocurrencies.

Wow!!! I can't really believe that, this is possible. Thanks you very much for the link to upload the audio. For those who are interested to listen to the audio should go back to the OP and listen the audio for more fact. The audio is available now. When I listened to the audio again, I laughed, for the sponsor of the program, bitcoin becomes a system of get rich quick whereby people are invited to come and make a lot of money. Please everyone should listen to the audio. I am still wondering how bitcoin became a money making machine. It is only those who are greedy would attend that seminar. If not that seminar is 💯% scam. I believe from his voice, the presenter of that program has no car and he has not build house but he is inviting people to become rich. Anyone that attend that seminar would pay heavily for him to become rich from the program. What a world. If you are not informed then you will be deformed.

the set of people affected are the newbies in bitcoin, you can't expect an experience person to easily fall a victim of seminar organized, well the said target is rural settings that's why this happened, they are less educated in places like that, what we call them is "local champion"


i really get frawned at seing text message sent to people who don't really know the implication of giving out their contact to unknown persons all in the name of "I want to help you investment on profitable bitcoin", scammers used this most on newbies, please be aware.


that's why I said their main target is on newbies, all because they knew already that newbies don't have the knowledge about bitcoin, they can easily get enticed, freaked, by ordinarily what is not it.

Wow.. I just listened to the audio, and it just made me laugh, because funny enough, I could hear the presenter referring Bitcoin as a way to make serious money that has the potential to transform lives, forgetting to also educate his audience on the risk involved, because from the sound of the presenter's voice, am sure he is just there after the money of the ignorant audience

I hope people from your area won't fall for this scammer activities because it is just another level of a pyramiding scheme ^{(just like MMM Japan)} where a lot of people were scammed but I think the radio station should be sue for not doing proper investigation about the investment company.

It is sad that after so many years of Bitcoin's existence some people still believe it to be centralized. Isn't it being decentralized is the reason the government cannot intervene in it just like they did with XRP and others.

That is clear mis-information, this is people using other people's ignorance to feed, I've listened to such radio programs several times in the past, I get really disappointed and angry at the level at which this presenters and sponsors misinform their audience, and I pity those who ignorantly believe all they hear on Radio or see on TV, best way to learn is to always do your own research, never depend fully on information shared by other people, always confirm before believing.

This is the reason why I no longer depend on the information I get from social media or any other broadcasting station seriously, any information that is bitcoin related, the best place you can trust with the appropriate information or advice is BTT. You are lucky you have had the experience probably when you were still a novice or when you have not located this great community BTT otherwise you would have inclined your ears to the fables of the scammer. Bitcointalk is the best place to be for anyone who wants to increase his or her knowledge or skill in bitcoin that's why I see myself as a lucky person to have located this place.

You did an excellent job of explaining p2p transactions in a clear and concise manner so that the entire community listening to the radio station could understand. This is one of the advantages that forum users have in their respective communities. Many such radio stations may exist around the world to share some good knowledge about Bitcoin and cryptocurrency, so taking the time to list and provide basic knowledge or add to what has already been said will help to spread Bitcoin knowledge in our local communities.

It is really common to hear a lot of mis-information coming from mainstream media platforms especially with radios. They will try to present someone who is "Knowledgeable in Crypto" however most information that this person will has a lot of discrepancy and wrong information included on it. However, people will still believe into such lies and mis-information as they are mostly backed by the earnings of this person. Just as many investors and crypto enthusiast keeps on telling always DYOR to avoid getting wrong information.

Don't whisper to a deaf person that a thief is behind them because they will never be able to hear you, but you can tell a blind person that there is dirt in front of them and they may be a little more alert to walk. But sorry, I didn't call your uncle deaf because obviously it's just a comparison.

One may never believe that something he likes is not entirely beneficial to him and may cost him financially. It may happen to your uncle even though you have tried to tell him the right things. You're done there because I don't think losing your uncle is your responsibility, but you probably have the right to tell him the right thing.

I appreciate that you reached out to them and explained them about P2P/ What's happening these days is that a lot of quacks, with little understanding of bitcoin have become self prophesied crypto experts. Scammers and quacks are fooling others to make quick buck. There is need of reliable information sources, professional guilds that are authentic can be formed for this purpose. So that innocent people are not scammed of their money.  Scammers are are selling snake oil for miracles only

Too bad we have several of these kinds of people misrepresenting the crypto community and misinforming the naive people out there who might have the interest to be part of this great community. They will talk about something they have little knowledge of to the public instead of doing proper research to understand what the tech is all about, they are only after promoting their radio station.
I hope some of the listeners were able to hear you correct the wrong information to understand the true nature of p2p and all the processes involved, and perhaps it will also give them the sense to seek more information about btc elsewhere other than this mis informed radio station.

Many of us here already have an experience but can still manage to make a mistake that mostly a newbie can make. Well we are only humans and some of us are having a hard time to remove that greed feeling inside us. If only some of us can focus more on bitcoin and learn more on how to improve our bitcoin activities, we can always earn more benefits and what is good about this is that the risk that we are going to get is not too much.

If someone is hard headed to not listen to our advice, well what can we do? Those people will only regret once they lose huge on scam investments. If you are annoyed with them then you better keep quiet.

OP, this is an excellent course. You corrected the program presenters using the knowledge you've gained through time in this forum, which helped many people who were listening to the show understand what peer-to-peer (P2P) is and how it functions. Since they are readily convinced, many people who follow influencers on social media and other platforms have been duped into believing misleading information about cryptocurrency investments or other topics. It is always beneficial to look for knowledge outside of your immediate environment so that you can become more knowledgeable and better equipped to deal with problems as they arise.

this part where he says bitcoin is an investment platform is something that doesn't make sense and i believe he knows that but he must be doing false advertising for people to blindly invest in bitcoin. The problem in all this will arise when people listen to this guy, buy bitcoin and the price of bitcoin drops a lot and they lose money, they will start blaming bitcoin. but if this guy had been honest and talked about the risks of having bitcoin people would be more cautious

Human being is naturally greedy which means that we are really that prone into those situations where it do really pokes out our greediness inside which means that whenever we do encounter then it is really that just
depending in our own experiences on how we would gonna deal such situations and since we are aware then it would really be just normal for us to act according through our senses and since you are aware that
losing money is high then better avoid it on all cost but if you are really that a risk taker despite of that obvious risk then its up to you.Its really true that people most of the time becomes hard headed specially
when they do see some easy money making opportunity which is really a very common behavior but once they had been fucked up then thats the time they would eventually learn.

This forum is good enough to give you any type of information you need about Bitcoin. In my first 3 months in this forum, I was a different person. I learnt the correct things about Bitcoin, I became more informed and smart. I became confident to know information to absorb and the ones to discard. I became ahead of my peers who are not into bitcoin.
This forum even if not as informative as it used to be according to older users, it is still one of the best crypto forums we have in the crypto world.

From this incident, I then thought, how many people were trapped by this promotion? moreover, they broadcast it on the radio channel. What if people in rural areas are interested and then without doing any analysis or without knowing beforehand they join the promotion in the hope of earning money. But finally, ended up a scam? I am also confused that they even boldly broadcast it on a radio channel. Is this really the newest way?
That is why if we have been here, we can learn much about crypto investment and we are more aware of something too good to be true and its probability of scams. although this may not be exact scam, but at least, you have been good to be aware at first and avoide the possibiility.

Thanks for sharing this information. We need to be attentive and not believe anything that is heard.

That’s amusing how they are just using bitcoin and its enormous topics just to attract the listeners, clickers and readers etc. Unfortunately, many of them wont even bother to study the topics before they speak.

What I read from your post is, the sponsors or RJ were just speaking our of their personal experience and in their own knowledge. That’s too bad to hear.

Radio and podcast still contributes to many peeps favouritism list and they should not direct them in such wrong ways.

No doubt bitcointalk is perfectly carved. :)

By taking advantage of the lack of people's knowledge about cryptocurrencies, this becomes a gap in any way to raise money, and of course it seems to miss a mutually beneficial collaboration between investors and devs. Therefore, we can see that there are still many people who are still being deceived. lucky we are in this forum which can provide good knowledge about crypto, so we can tread more carefully, and reduce the risk of fraud

At Bitcointalk you directly discuss with the people in an organised manner.
Here you learn from people’s mistakes and experiences, and for that reason, the knowledge you gain from here for this respective field is unmatchable.
Also at Bitcointalk people are free to use any speech or any thoughts or recommendations on anyone. This make the whole system decentralised.
So OP at last you understood what went wrong with you, and hence hope you will rectify it.

The thing is, no one can share their false idea regarding bitcoins or any other cryptocurrency-related issues because as soon as they posted their mere speculation or some delusions regarding bitcoins, members are quick to reply especially those who know exactly what's going on and they will quickly be corrected on what rubbish they are blabbering about. In other words, most of the time when you read some topics regarding bitcoins here, consider it to be true when you see all the veteran members agree with what the OPs are saying.

Cryptocurrency seminar like this where by people give lot of incorrect information is not common, it happens both offline and online. Seminars like this has been happening since the existence of cryptocurrency,  people want to give wrong information about cryptocurrency to make money from people that will come for their seminar and even those who try to teach what cryptocurrency is in their seminar,  they fail to talk about about the risk involved in it, what is their only concern is to preach about investment to attract more customers for their seminar. Lot of people who lack knowledge about cryptocurrency have fall a lot of scam cryptocurrency seminar in the name of getting knowledge in cryptocurrency for investment.

I agree with the OP's first statement. In fact some of the folks in the rural areas where there is hardly any access to the internet have associated bitcoin as an investment scam. I don't blame them because people would easily demonize what they do not understand.


Yes. Misinformation and disinformation in the crypto ecosystem is like cancer. There a lot of fake gurus who try to sell crypto masterclass to gullible individuals. These gurus are only after enriching themselves and end up selling some sort of crypto-plan(Premium, Gold and Silver Plans) in their classes. They take advantage of the worsening economic crisis to dupe these poor fellows.

That is why we don't just listen to them but also make our own market research and discovery in order to know if these gurus are telling the truth or just spreading wrong information to the public. We can't deny the fact that they are somehow milking innocent people by thinking and believing what they say it true and even following what they say. A thing like this is similar to business and these gurus tried to manipulate innocent people and take their money.

Let's not spew hate on all seminars. Would you also criticize the ones made by Andreas? Many seminars are free and made to popularize cryptocurrencies, even if they have to advertise an altcoin or a service that sponsors the event. That part can be ignored but free knowledge is always worth your time.

That is the reason why we the Bitcoin users need to make them to understand what Bitcoin is all about to humanity, because some people don't want to study to know more about Bitcoin, than to discourage other not to involve in Bitcoin investment in the community. Bitcoin is not to make people rich only but to make things easy for them to grow well in their businesses or free for financial insecurity in the land. I believe, from today many we like to study decentralized currency very well, incase any seminar come up they will have something good to talk concerning decentralized currency.

If that seminar can really explain about cryptocurrency properly, I think it is free knowledge for us. But unfortunately, they have not been able to explain the core points of cryptocurrencies and are only trying to highlight their project and the lure of getting big profits in a certain period of time. This I have seen has happened in many places and many people have been deceived by their schemes. This is what makes us very careful if we want to join or see free seminars from them because they definitely have a purpose in inviting people to come to their seminars.

Fake news and false information are everywhere. There will be people who will initiate seminars but will use the name of Bitcoin for them to atttract people but will end up endorsing their own product. They are the people who are not fully equipped with knowledge about cryptocurrency yet spreading false information which can only deceive people. That's why we must always do our research so we'll know the truth and we're able to correct the wrong details.

Indeed because not all that we hear and see are true so before we believe on them, it will be better if we double check it first by doing some research online although not all information scattered online are also real but still there must be sources which can be identified as legit like for example this forum, most topics and replies here are legit especially if it came from a member with a good reputation and rank is already high at the same time.

We shouldn't fall again on the same scheme or trap if we know that we have been on the same situation before. A few mistake would be enough already I guess? To be able to change yourself for the better.

Are you visited?
https://crypto-staking.com?ref=iVh8i

 ;)

It's true we should be more wary of scammers who disguise themselves with their products and promise sweet and in good words all he does so that we are smitten in his seduction.
I often hear seminars like this in my area that continue to offer their products and of course in essence they talk about Bitcoin and its uses but in the end they continue their products that can exceed bitcoin, all of which is done to get what comes from those who come to the seminar , but I still realized that it was not a good seminar but the trick they did for the action.

That's right, friends, people's habits when they have experience will definitely not repeat the mistake a second time, if there are still people who are still repeating the same mistakes, that person is really careless or stupid, that habit is a scam, they use the mode by asking for gas to transfer coins to wallet.

Some Twitter Spaces are worth listening 🎧 to to be very honest. Spending your good time on good sources and educative peeps are really worth it. Also the opportunity we have got from the community is another priceless one.
Looking deep in oneself for guidance and self education are indeed GOATED. The more one reads Bitcoin the more he/ her see's that Bitcoin isn't only for investment and getting quick flow of cash as they want. Those technically sound are building on Bitcoin and those who aren't should go on accumulating Bitcoin. Big Billionaires are also investing with Bitcoin, most big digital spaces and firms growing up can not grow and come to reality without the usage of Bitcoin.

Isn't this the usual problem where everyone is still trying to rip some people off when it comes to Bitcoin or other crypto asset investments? This person clearly knows they don't know enough to teach others about Bitcoin and not just the Investment part which of cause is the most attractive part to talk to people about since all the presenter wants is how to make money off them but understanding what Bitcoin is, is very important. So, while educating people about Bitcoin is important, miss education is another problem hence people fall into the wrong investment and see Bitcoin as even more of a scam.

Some activities are really inspiring to me, especially when I see a positive attitude towards Bitcoin. Today there are various seminars and programs on Bitcoin that will make people play an important role in its proper use and development. If such activities are expanded further, the new generation will be able to take adequate benefits from it.

You did a good job OP. Just imagine how many thousands of listeners have been misinformed and decived by the so called " metaphor of Bitcoin" host and resource person without any prior knowledge of what they want to speak on publicly. As a result of such ignorance, people take advantage of situations and get away with it. I believe OP corrected some errors and blunders already committed by the presenters and also listeners at that moment would be very much enlightened from your explanations. With my level of understanding and experience on blockchain, I don't think I can fall prey to any novice whom does not know their left and right in the system.

That's because there are still many people who don't know crypto more clearly and most of them only know about investing in crypto for a project.
And unfortunately, this is used by scammers to attract them to join and in the end, they use their money and hope to profit from their investment.
If they could find more information from the internet, especially about people's ratings, maybe they wouldn't be fooled and could tell the difference between a scam and the real thing.
Hopefully, people will think twice before they join the seminar and don't spend money if they're not sure.

Free knowledge is fine, but let's see if it's wrapped in other knowledge that would mislead on a ponzi project or something like that, a project that only enriches the seminar maker.
Because nowadays many are holding seminars on the theme of crypto knowledge, but they are using it to recruit new members to join the ponzi altcoin project. that's really not good. Don't be fooled by seminars under the guise of Cryptocurrency.

Scam schemes are mostly very similar and almost always based on human greed. Fraudsters always attract their victims with great profitability in a very short period of time. As always, free cheese is only in a mousetrap, you need to remember this. of course, if there was a desire to study more information before investing your money, to study what average profit and for what period you can get, then there would be more chances not to get caught by scammers.

Citing those instances, only it leads to the spreading of wrong information and even ruins the image of the entire crypto market. This is the reason why some people don't trust crypto anymore due to their unforgettable experiences (losses/scams) which makes them think that crypto is a Ponzi scheme.
I'd never find it wrong to attend seminars but it is also important to analyze if they are doing it right and telling the right things about crypto, not just speculations, it needs facts as basis.

Thousand way finding by scammer how to make people believing with their investing by using bitcoin as name of their project, the people just know only with bitcoin as best way for investing. But when scammer given promise about few percent profit every months they think most trusted project and become profitable when investing there. Easy way how to earn money without working and thinking make many people easy for believing thousand kinds of scam project investment, they have less knowledge actually with investment way were given daily profit few percent this big mistake and indicate as scam investment project.

Glad they now know that is p2p, i really hate these gurus when they do not know what they are talking about. its not just bitcoin but other cryptos too. its not suprising that even after so many years after bitcoin first fork. lot of people are still not realizing its potential and power of blockchain. Many did explored the technology but left the system and made their own.

they target people who don't understand what bitcoin is and how it works, they just know bitcoin is very profitable. Bitcoin is like a double-edged sword that can be a profitable investment tool and can be a tool for ponzi projects.

They are beginners will believe the promises of profits explained during the seminar, they seem to be brainwashed into believing that the project they are following is a profitable project.

We as people who are more knowledgeable must provide warnings and knowledge about the actual bitcoin, so that they do not become victims of scammers who only want their money (the newbies).

For us experienced users then we would definitely be aware on how things going and how it do works and even we do make or give out some warnings but still there
are people who are just too hard headed and pushes up on something that they do believe which we cant do anything about it but on the time that they would
be fucked up and experiencing losses then this is the time they would really be crying and whining on why it is happening and to mind that they had been warned out
that thats not how bitcoin works or entire crypto market.This isnt just talking about easy money dealing but rather the opposite.

People will never correct what they hear if they also don’t know the facts about it. So it’s not that they ignore it, but maybe they hardly understand bitcoin that they don’t know what’s there to correct. It’s a good move actually that you raise your voice out and corrected the wrong information. Thanks to bitcointalk, if you keep on reading and learning from the forum, you will completely understand what is bitcoin and it’s real purpose in the financial market system.

Offering offers to get huge profits in a very short time convinces many people to join the scammers.
And in the end, those who join can only regret doing so and not further investigating the offer.
Nowadays, we can find more information through the internet because there are already many people who assess a program or project so that it can help us avoid being scammed.
If we can be careful and observant in looking for that information, we can know which programs or projects are fraudulent and which are really good.

Recently, we have observed these so-called investors misleading people about rapid profits from investing in Bitcoin. They are either soliciting money or pushing an exchange. When I wanted to learn more about bitcoin, I preferred viewing videos on the internet or YouTube since there were many influencers there who had various perspectives and from whom I could also learn new things and get helpful tips.

It isn't advisable to rely on the opinions and advice of influencers on Youtube simply because they could release false information to deceive their viewers especially if they're advertising or offering a service, project, or product that will benefit them in return. Influencers are just making money regardless of the type of information that they're sharing so we should do our own research instead.

You are not completely right because I think there is some information we can take from their trading knowledge and experience although in the end you will have to do your own research. Not believing 100% is true, but if you don't try to learn from the experiences of others, it's wrong.

You can assume that everything that other people share visually, in writing or otherwise about investing and trading is not good financial advice, but rest assured you can also gain additional knowledge from them especially about new things that you haven't fully heard of and your responsibility is to filter that information properly.

For some of these guys that seems to be interested in organising these seminars, I wonder what is really the motive at times. Do they really care about aiding the masses and taking them off poverty or they just want to sell them there trade and make money off them. I think the later is often the case and that is, making money of them. Why? Knowing that these persons aren't buoyant simply means, you could give them these educations for free. Getting money of them or beaconing on them to invest is sme indication that, you might not be getting it together on your trades.
Yeah, nothing goes for free but, you can as well offer some humanitarian service.

In most cases these seminars are a way to create connection to new business. Initially people are given some information about the existence of bitcoin. Further slowly they're engaged into business and other investments connected. In my country the recent trend is usage of cryptocurrencies on MLM schemes, that means the referral value gets added in terms of cryptocurrency of your choice and paid after specific number of referral joining.

it's not wrong to attend a seminar with a crypto theme or something, we can do an analysis so we don't get caught up in a project that we don't even know about. For those beginners who join crypto will not be able to distinguish which is really crypto and which is a misleading project. I'm sure many people have been fooled by scammer projects under the guise of bitcoin knowledge seminars or other, they are only good at playing with words to get people interested and invest in the platform they created and they scammers will get a lot of profit and run away just like that when many joined without any clarity.

Its good to hear that something about decentralization is getting broadcasted on air platforms but I am more concerned about the investment scheme he was talking about, we actually don't know whether its really decentralized or not so how can a naive person who is hearing it first can be aware of that even when its broadcasted by the popular channels? They just believe everything that has be stated there.

This is the best benefit we get from here as the forum itself helps everyone to know more about Bitcoin and how it works. And all the experience we have seems to be our guide for the next step and the long journey we have to encounter. As we encounter different personalities with different market opinions, we know already what is right and what is wrong, and we know how to adjust the situation especially in dealing scam.

In many cases, the people hosting or conducting these webinars have some kind of selfish motive behind the webinar.
In most cases that I have seen, at the end of these webinars they tell the users to go through some kind of subscription or something that involves a payment.
There are also people who conduct webinars just to scam others.
I think very few of them are genuine and wants to educate others.

It's not totally the forum that gives information but it was only a kind of meeting place. It was the users of the forum are the ones that shares information. So, thanks to those users who also get their knowledge on different places and then they share it here. No need for us to do the same but all information are already laid down for us to digest. And what do you mean by adjust in the situation when dealing on scams?

But, if you know that it was a scam, why will you still involve yourself on it? Even if we think we are experienced enough, will it be better if we can only support those projects who are legit? We can also become a good example for those newbies.

I really pity those crypto newbies who fall pray in the hands of these fraud stares, if not that I engaged in a paid mentorship program to learn about cryptocurrency I think I would have falling a pray too some years back when I received a flier invitation titled "come and learn how to invest in Bitcoin". The level of fraudulent activity this days is much.

I think surely we are from different generations, I come from a time when any broadcaster, especially traditional media, had to be prepared, not only to speak into a microphone, but literally everything he dared to say on air.

And with everything and that was a time of little access to information and this at a global level, the people who had that opportunity to speak and spread through the traditional media, press, radio and TV, made an effort, alway.

Today there is so much information that, unlike before (XX), anyone can give an opinion on anything because they have the information within the reach of a cell phone, but many do not understand it and it is not only with technologies like bitcoin, many others.

It is an irony but In times where there is more access to information, there are popularizers who misinform in these traditional media.

Always check yourself any information you hear or are curious, so well done, yeah! your case is a good example.

Wow, I'm kind of surprised how a radio broadcast an interview like this. What if ordinary people listen to this and are immediately interested in investing without any knowledge of crypto first? If they had a loss someday wouldn't this allow them to protest for not being up to their expectations?
Maybe it's just my opinion, but it could happen.
Gald to know that you can realize it. Even we shouldn't trust influencers who always make big or interesting news related to crypto investment.

I fear there are many spammers and scammers who are spreading misinformation about bitcoin these days
We need a reliable platform with credibility who can teach regarding bitcoin. it's time that senior members can actually come together for creating such platform for greater good

As long as people are not properly educated about what is bitcoin, these fake seminars or investment schemes will not stop. Because bitcoin's price is increasing over the years, they promote it as a get-rich-quick scheme. The government should make atleast basic education about how cryptocurrencies work that should be taught to schools. If it happens, those disinformation will eventually stop and crypto-related scams will decrease.

You don't need any other credible platform to educate people about Bitcoin anymore, because every information one need about Bitcoin is there already on the internet, but just that people are too lazy this days to search for the right information online. In today world everybody want to get rich overnight, and that's why Ponzi scheme are mostly patronize, of which scammers and people who organize these kind of seminars have been able to use that against the ignorant masses who has little or no knowledge about Bitcoin. So my friend, it's not all about creating a new platform to educate members, but every member should always try to search for vital informations online about any site or seminars that you are been introduced to before jumping into it, as this can save your life or prevent you from investing into scam

As smart as a squirrel jumps, one day we will fall too, as well as ourselves, even though we have long entered the crypto world but sometimes we will fall too, the point is we must not be arrogant and we must not feel arrogant, we must always learn From existing experience, we must always be wary of scammers who always give us sweet promises.

People continue to be misinformed because there are really these kind of presenters who acted as if they know but the fact is, they really lack the knowledge and good research. And if no one will dare to correct their mistakes, innocent people will continue to rely on wrong information. However, such a brave act OP as you stand for what you think is right. Only by then, people will finally understand that bitcoin is never useless and will create good contribution on each of us if we also learn to adopt it too.

If bitcoin is also not on the side of the government, then there’s no way that the said station will be penalized for that. The presenter alone just based his knowledge on how the government sees it, and it’s not actually the facts that the people deserve to know. This is why a lot of people have been miseducated about bitcoin, because they never research on their own and do self study. Whatever they have heard from people on high positions, they absorbed it without weighing if it’s fact or a big lie.

And the best to happen to us is to learn from our experiences and share them with others. And the forum helps members and guests to understand how the market works and so do these scammers.

Why should arrogant? Those people who carry this attitude won't make themselves happy but have a burden in their lives. It is just the fact that not all are willing to change nor wanted to help, some people wanted others to fall and experience the same with them.

I think it will be difficult to have unity for that now. So you still have to analyze and research every news you read as a whole. Because stopping to immediately believe in any news that you read is a good option to save you from going astray so that you will only believe in yourself based on what you have researched so far from what you have read so that you will never become anxious when you want to do something. So I think.

bitcoin has now become a trend in the real world. lots of people talk about it. But unfortunately only a few who really learn it and only a few who really understand the ins and outs of bitcoin. so that many people receive misinformation regarding bitcoin. I even notice people who think that altcoins and bitcoins are the same. though it's clearly different and that's the basic thing. and it turns out that many misunderstandings occur due to a number of people who are not bitcoin experts but he suddenly became a bitcoin influencer with his shallow knowledge of bitcoin and eventually caused misunderstandings for his followers.

I have a suggestion to all of you to protect your family from being misunderstood from the misinformation circulating in the media. whether the information was intentionally spread by an irresponsible party or indeed because of a miscommunication or accidental.

I used to protect my family from misunderstandings by buying some books on basic bitcoin knowledge. and I put it on the family table. At that time I did not tell my family to read. but when they relax they read the book maybe to release boredom. but still the information read will still enter the brain. and add insight to my family. and what's funny is that now one of my brothers knows more about bitcoin than I do. I introduced and my knowledge was even exceeded.

This usually is an organized way of scamming the unsuspecting public who have no primary idea or knowledge about the workings of Bitcoin operation. They use a legal means (radio house) to disseminate their scam which probably makes many persons to accept their offers without a second thought of it been from a scammer corner since it's coming from a recognized  media house.
I remember falling for such seminars where I had to attend about  two different ones not until I came across this forum through an anonymous and now for me the difference is obvious about Bitcoin from what those so-called money-seeking-hunters had explained to me in the past.

I just feel sorry for those who still fall for such....

Well, many unsuspecting newbies have fallen for that scheme until they learn a lesson that Bitcoin is a decentralized digital currency and is not a crowdfunding network that needs its owners to attend seminars to build their network. Bitcoin and cryptocurrencies are designed for users to be able to own and spend them without another person's involvement in the transaction so why then are all the seminars still existing?
I use to hear some of such adverts in recent times on my local radio frequency and I know it will end in a scam.

Crypto influencers can sometimes be right or wrong. But the fact that they have gained more knowledge and skills from their different experiences in crypto makes them good influencers in the long run. However, relying in them fully with all our decisions might be risky in the end, that is why aside from their own ideas and opinions, we should also do our own part of research so we can correct if there are mistakes seen from their own shared ideas.

It might work on others but it wont be working for everyone and this is the thing you should have in mind so that you wont really be ending up yourself on being relying into those influencers or any other personality
that you would able to see into this market.It cant really be just that right for you to have those kind of mindset or beliefs. Stick into your own analysis and snip out some parts or ideas from others and try to
make lots of trial and error until you do able to get your own trading style.We do have our own trading styles and decisions that would be made out on the time that we do make trades or investment.
Just dont make yourself that too relying into others analysis since we are just all speculators on this market which means it does have equal chances or odds on hitting the right spot.

These kind of presenters are also lacking of knowledge about Bitcoin, otherwise they have other intention on why they are spreading a misleading information. Thus those people who are listening and also interested about the topic might believe his words not knowing it's not accurate. So yes good thing op did what he can do to correct the presenter and explain.

Yes, sometimes we will get knowledge from them that we did not know before, listening to someone's advice is not too bad as long as we know how to filter the information. The final decision should be made after doing your own research.

We all know youtube influencers get paid to do those things but to do so they also need knowledge and skills, you can't do it if you don't have the knowledge so we can still get some good knowledge from their advice.

Maybe they don't fully understand what they're talking about, maybe the station has a program to promote it, sometimes things like this make people afraid to go deeper into the crypto world, because their understanding doesn't match reality, they should invite resource persons who are competent in their field , understand what they are talking about and know the concept of Bitcoin, Platform and p2p, this is much more interesting to follow

Actually I was among program but I was provoke to change the radio station. 93.1 is radio ph  station which many presenters always host a program, during the presentation I was not expecting to get what they are saying because I gained full knowledge about Bitcoin and other cryptocurrency inclusively so paying listening to those who doesn't know anything bitcoin and it's development gets me weird so I changed station. In numerous cases I have tried to enlighten most of them the more but they feels they knew it and many falls to give listening ears to learn and get full knowledge. Some of it are to extort money from those who have no knowledge about bitcoin and are desperate of learning it via all means that ends up being deceived.

One key note I learnt is that; If information is not properly transferred they end up having false knowledge about what they are being thought. We are in a digitalize and computerized age were if any information is being passed to you we quickly ran to google to dilute whatever we being transferred to (Information).
So I wonders how many people that might have gotten wrong knowledge from such a novice presenter.

So far I have never attended a seminar that I might consider a scam that leads to scam. I'd rather read than hear anything in the name of bitcoin for personal and group gain.

There were several occasions when I was invited to attend investment seminars by some friends, but I wasn't interested because in the end the most talked about orientation was other people's success without providing the understanding that the audience really needed. Never fall a second time, that's a good hope from the OP.

Yes, in part all this has to do with the markets and more specifically with the behavior of bitcoin, but according to what I have seen in articles, some analysts think that we are going back a lot and that now the big holders are accumulating a lot of bitcoin, and this has increased the need for holders to buy more bitcoin, which means that if the price goes down more, those people will take advantage, but seeing how everything is, it is very difficult for it to go down more, I don't think they will continue to lower the price of bitcoin , I think that by the looks of it all may be starting to go up.

This mostly happens when someone does not have appropriate knowledge. It is important to rely on our own study and gut and not follow someone else’s advice.

That's what the accumulation phase is all about. First you go up, then you start to go down, then you do not go down further but you do not go up neither which is the accumulation phase and we have been there for a while now, ever since the luna news the price didn't bottomed any further that was the bottom.

This means that for a while all the rich people and poor people are all buying and holding. If anything else happens, they will just keep on buying more and more. Hence, I do not think that anything bad could happen to the current situation, it's just a great take off spot for us now. If the price goes up then it is going to be pretty good for sure because we all bought a lot while waiting.

One of the biggest issues not only with bitcoin but in finance in general is people getting poor information, and not doing the proper research to make sure that they’re learning from someone whom actually knows what they are talking about.

Do you research people!

Most of the people who hype cryptocurrency or Bitcoin does not know the actual value or what they are hyping for. I believe that what the original author of the topic did is the right thing.because it explanation clarified many people from doubt of P2P so many people who is abstract or novice about this will take a direct advantages of knowing what they want to know through theresponse concerning this because everyone do learn through another person thread

A very common scheme that you could really see here in our country where there are seminars been held which been said to be a crypto seminar related but ending up on introducing some projects which needed up

some funding or support which do really sucks and same goes in other schemes as well but you could eventually able to point out which one is fraud and which one is real and with real experience and make use

some of your common sense then you could eventually able to determine these things.You dont need something if you could really just simply make out some simple research for yourself when
you are trying to learn up things.

Sounds like the networking niche right? lol
I have remembered back in 2012 (If my memory serves me right) there was a group of people who conducted a free seminar about Bitcoin. Me and my Information Technology (IT) students heard about it, but we're not interested with Bitcoin back in the days so there was like 2 of them who attended. Unfortunately, It turns out that It's not Bitcoin exactly that they are indorsing and teaching people how it works, but they have their own coin that they actually indorsed.
If I can remember the name of the coin was One Coin. I'm not sure if that's what exactly the name of their coin, but it does sound like that lol.

It seems that it is, most people just "read the title of the book without reading the contents" So they will not know that what they hear is wrong or right. How can we know that the content of the book is interesting when we don't read it?
Likewise with cryptocurrencies, we can't judge just by hearing or seeing, we have to study it completely.

Exactly, was the trend at the time. But so far I have rarely heard of such investment seminars anymore. The strangest thing I can imagine from that network is how they manage to convince people to earn a consistent income. Average ends in failure and deception, but some people still fall into the same mistakes.

In my country even the government has established a means to prevent various kinds of scammed investments which can help people to be more careful with the lure of income. It was formed by the Government under the Financial Services Authority, it is very helpful because there is a real impact from the results of its work.

Most of those seminars do not give us any knowledge, on the contrary, they praise someone and then they introduce that person as someone who has succeeded in business by investing in this project or that project. The last thing that happened after all of those great seminars was that they wanted to introduce us to their project and say that we should invest in their project if we want to be as successful as that guy.

Yes, you are right about that. I totally agree about that because it's true that most investment networks labeled seminars end up offering products for their own advancement. This is the easiest way to get great public interest in the products presented in the seminar because money and consistent income are the most influential weapons for the ordinary investment community or investment savvy people.

For people who are aware of how investing works I don't think they will easily believe the lure as this is not the first time they have come across it. It is good when everyone is educated and knows how it works.

This is why traders are suggested to analyse the market on their own and make their own trading decisions. If you let others decide your moves, be ready to fall into a hole that doesn’t have a way out.