[2016-04-18] Scams Steadily Strike Bitcoin Community

[GamingOn]

http://bitcoinspies.com/2016/04/18/scams-steadily-strike-bitcoin-community/

[LLec]

http://bitcoinspies.com/2016/04/18/scams-steadily-strike-bitcoin-community/

Yes MMM ponzi ... one of the most scam ponzi site actually on the net....

[bitdumper]

Everything has 2 sides, a good one a bad one. Bitcoin anonymity has the same issue, it gives us the power of hiding identity but also we can't trace the scammers.
We need to be aware to minimize the loss.

[RodeoX]

For a scam to work you not only need a scammer, you need a greedy fool. I think anyone new to bitcoin should find out in 1 day of reading that the only legitimate deal here is to buy bitcoin at market rates and hold exclusive access to the private keys. Any other type of "investment" or game or alt-coin or credits or online wallet; means that you do not own any bitcoin.
What is frustrating is when some new user sees an add to "doubled" there coins, get coins cheep, or other such nonsense. It's nonsense because just a few moments of logical thinking will show that such a thing is IMPOSSIBLE to guarantee.
Emotion, desire, fear... These are your enemies in mathematics. Logic is your only friend here. Almost all the scams require you to do something stupid. Don't be a mark! Just buy bitcoin at an exchange in your country and don't get sidetracked by anyone. You don't need anyone else to do this.