I would bet you my life savings that this is a scam. I would not invest a single cent into this scheme that is entirely designed to steal your coins. Just ignore it, your only going to lose money.

Nilashoc

Thanks for the daily!

Congrats on hitting the parlay, nice to see some lucky longshot coming through. The day wasn't too bad for me either, finally hit a NFL parlay after missing a lot of my NCAAF plays.

From what I can remember is that Dogecon is just another new altcoin created recently without any volume of trade occurring at the moment. So yeah you'd probably be right in assuming their almost worthless.

Once agian more people who are just too sour that they didn't get in early. Please stop spreading FUD when you clearly have no understanding of what your talking about.

AUD - Australian Dollars
He's just saying he works a job 9-5 so that he can "mine" some money.

"Experienced" members are not infallible to making mistakes, they like all humans can and will make mistakes. It's simply that they have more experience to draw upon when making decisions. There is nothing you can do about stupid people, your not going to be able to educate all of them, so honestly you really should just advise them and let them be. Just make sure you don't make the same mistakes you preach against.

For nearly everything the price dictates the amount producers are willing to make and sell, not only for Bitcoin. Using your example of gold, if gold was to fall to $1 overnight for some reason (highly unlikely but this is theoretical) I would guarantee you that all the gold mines would at least temporarily stop production as it is no longer viable and profitable for them to do so. So basically it holds true for nearly everything that the price will affect how much "effort" producers are going to go to.

I would advise agains using Paypal as there is quite a reasonable chance that you'll get a chargeback if you don't trade with a reputable member. Even then you'd probably be better off using localbitcoins or a bank transfer as it's safer.

I don't see why people would be foolish enough to believe this is legit considering the account is new and the price is far too good to be true. The not wanting to use an escrow is just further confirmation that this is in all probability a scam.

It really depends, there is far too much uncertainty to be able to predict whether it will Vegas high as 10k. Honestly, Bitcoin will either succeed and make it big via large scale adoption or will fail miserably and crash and burn. How long it takes to get to either scenario, who knows...

Knowing at what price to buy is rather important as is when to sell. You'll never know exactly the high or the low so it's up to your judgement and experience to work out when to buy/sell. However, if I were you I would not daytrade more than you can afford to lose, as it can be risky and volatile.

Yeah, there wasn't one for this week since the threads are now getting moved from gambling to games and rounds which means there is less exposure for Bitbook. Hence they are currently considering their promotion options.

I'll bite, seeing as your trust looks OK. PM me so we can work out the rest of the details.

Going on the remotest possibility that your not a scam (and it's a pretty damn big IF) I'll address each of the issues. It's not so much that the business is in BTC as there have been plenty of scams in fiat, the Madoff ponzi scam was a good example of that. Next, all return involves some risk (as the saying goes "no risk, no return") and so if there is such volatility then it is quite possible to lose money. Even if your not a scam, your not infallible to risk getting the better of your investment. Personally, if I were you I would use what savings you have and prove consistently via your trading that you can actually make 5% a month via trading (and post some form of verifiable proof rather than just your word). It's hard to judge whether people will trust you, it's a thing you develop, not something you can expect to happen overnight.

Yeah, well I envisage a couple of issues with your "service", namely you have a 0 rep account created rather recently with no trust whatsoever, your asking for an investment between $400 and $4000 (which most people aren't going to give you) and your "offering" 5% per MONTH (nearly impossible in the real world) without explaining what your doing with the money. I'm sorry, but the probability that this is a scam is >99%.

Nilashoc

Thanks for the daily!

You might want to consider including how much your going to be paying people and on what basis. You may also wish to include how many hours you expect this work to take

I still fail to understand how people can be foolish enough to fall for this and waste their time/compromise their personal info. It's gotten to the point where I feel that people no longer remember the phrase "if it looks too good to be true, it probably is". At least have a think about how the people who run such a site are profiting and if they aren't how are they paying you...

Not unless he actually signs a message with the private key of that address (of course after he actually moves the BTC to another account). Otherwise, yeah one can simply post any old address without any proof that it is actually owned by them.