Couple of companies that specialize in cloud mining, since its very beginning were planning nothing but the way to steal the funds and unfortunately a lot of people around the world had a chance to experience that. From the very beginning, Bitcoin was a sweet candy for majority of scammers, who managed to steal from unsuspecting users millions of dollars, and if you look at it globally, then this is not only a problem of the individual user and even the company but it affects the entire industry in general.
The period from the end of 2014 and beginning of 2015 turned out to be saturated with various events in cryptocurrency world. There were a lot of positive news, the list is almost endless, but as an example: Microsoft allowed its users making payments through BitPay system, Coinbase was granted with the license for exchange trading from government financial regulators of the US, CCEDK presented Bitcoin Debit NanoCard, upcoming project OpenLedger promises to be the best decentralized financial platform and many other news, positively affecting the confidence of investors in Bitcoin and other cryptocurrencies. However, there was more than enough negativity: stealing of 19 000 BTC from one of the leading crypto exchanges Bitstamp and more than 7 000 BTC from BTER because of hack attacks, scamming from the owners of popular cloud mining Hashprofit, leak of information on security issues of Blockchain.info and other events affecting the reputation of the cryptocurrency in the world of Internet investments. Nevertheless cryptocurrency profitable investments and not only, it is the whole new chapter in financial world.
But you always have to get the experience even from bad situation that will allow you to make more wise and thoughtful decisions next time.
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