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Author Topic: People deserve to lose their Bitcoins ?  (Read 4296 times)
OmegaStarScream (OP)
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July 02, 2016, 09:32:07 AM
 #1

I honestly don't mean to be rude or anything but seriously ?

A lot of services scammed or really got hacked (Mt gox , Bitfinex , Poloniex , Bter , Purse.io , Coinapult , BitStamp , Scrypt.CC , Bitcoinica , Bitcurex and much much more)


Till now and after getting people losing thousands/millions of dollars , people still don't understand that they shouldn't keep their coins in Exchange for long term.




If we speak about Cloud mining companies , I think we are giving shitload of warnings when someone ask about cloud mining ... Still , people keep investing there and then cry when the service "claim" that they got hacked and never comeback.

Example :   HashOcean (lately) , Cloudminr , Cloudmining.website and a lot more !


So I really want to hear your opinions on this one guys.

PS : Halving is coming , you may want to start withdrawing your coins .. just in case ?  Roll Eyes

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Shibashi Dogemoto
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July 02, 2016, 09:34:11 AM
 #2

If you have invested in any cloud mining sites and if its still running at a moment then I think this the best time to withdraw as if price crosses $1k at halving then they may run away like others did in the past.
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July 02, 2016, 09:46:56 AM
 #3

The Bitcoin market is like the Wild West right now. There are no rules, no government control and no honesty. Also Bitcoin being in the gray area right now and a digital asset at that makes it very easy for sly companies to embezzle customers' funds and blame the breach of security on non-existent hackers because most if not all of the incidents were inside jobs in a direct or indirect way. I have noticed that Bitcoin has made people very greedy to the point that they are happy with investing coins at dubious businesses as long as they can get a handsome profit which is usually just a misleading miscalculation - for example the cloudmining websites and other HYIP schemes.

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July 02, 2016, 09:53:34 AM
 #4

Anyone with cloud mining or shitcoin does

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July 02, 2016, 09:53:57 AM
 #5

Investing money in bitcoin is really good, but investing bitcoin in any site is impossible for me now, as everyone is running away with money, so I would prefer to save my coins in my wallet without investing it anywhere.
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July 02, 2016, 09:59:02 AM
 #6

Most of "cloud mining" companies here just a ponzi schemes, don't invest. At least until you receive the proof of mining hardware and submitted blocks in blockchain.
Don't worry about halving, the price will be boost!
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July 02, 2016, 10:08:49 AM
 #7

The Bitcoin market is like the Wild West right now. There are no rules, no government control and no honesty. Also Bitcoin being in the gray area right now and a digital asset at that makes it very easy for sly companies to embezzle customers' funds and blame the breach of security on non-existent hackers because most if not all of the incidents were inside jobs in a direct or indirect way. I have noticed that Bitcoin has made people very greedy to the point that they are happy with investing coins at dubious businesses as long as they can get a handsome profit which is usually just a misleading miscalculation - for example the cloudmining websites and other HYIP schemes.
Well btc-e has been running with no government control for a long time and theyre still going strong.  I think around 5% of my btc is there at any one time and im not nervous.
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July 02, 2016, 10:10:53 AM
 #8

They do!
Most of those "investments" where based on a "shut up & take my money" rule.
No research, no body even cared to ask some questions about the company they want to
invest. If people dont have respect for their own hard earned money than simply they dont deserve them.
Funny that after all those hoax company's go north people start the cry for justice.
               

drwtsn32
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July 02, 2016, 10:14:43 AM
 #9

Maybe why people still invest in fake cloud mining and ponzi sites because they just want to take risks.
It's just like gambling. Just like a dice game. Some ponzis pay and some do not.
Your money may double or maybe not. That's most likely it is.
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July 02, 2016, 10:16:19 AM
 #10

I honestly don't mean to be rude or anything but seriously ?

A lot of services scammed or really got hacked (Mt gox , Bitfinex , Poloniex , Bter , Purse.io , Coinapult , BitStamp , Scrypt.CC , Bitcoinica , Bitcurex and much much more)


Till now and after getting people losing thousands/millions of dollars , people still don't understand that they shouldn't keep their coins in Exchange for long term.




If we speak about Cloud mining companies , I think we are giving shitload of warnings when someone ask about cloud mining ... Still , people keep investing there and then cry when the service "claim" that they got hacked and never comeback.

Example :   HashOcean (lately) , Cloudminr , Cloudmining.website and a lot more !


So I really want to hear your opinions on this one guys.

PS : Halving is coming , you may want to start withdrawing your coins .. just in case ?  Roll Eyes

You are totally right.Purse.io???I have an account there.Do you say that purse.io is a scam?

This is why bitcoin can`t gain more popularity.People are afraid of using btc because there isn`t any

guarantee that they are not dealing with scam companies.

mark coins
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July 02, 2016, 10:18:36 AM
 #11

I honestly don't mean to be rude or anything but seriously ?

A lot of services scammed or really got hacked (Mt gox , Bitfinex , Poloniex , Bter , Purse.io , Coinapult , BitStamp , Scrypt.CC , Bitcoinica , Bitcurex and much much more)


Till now and after getting people losing thousands/millions of dollars , people still don't understand that they shouldn't keep their coins in Exchange for long term.




If we speak about Cloud mining companies , I think we are giving shitload of warnings when someone ask about cloud mining ... Still , people keep investing there and then cry when the service "claim" that they got hacked and never comeback.

Example :   HashOcean (lately) , Cloudminr , Cloudmining.website and a lot more !


So I really want to hear your opinions on this one guys.

PS : Halving is coming , you may want to start withdrawing your coins .. just in case ?  Roll Eyes

You are totally right.Purse.io???I have an account there.Do you say that purse.io is a scam?

This is why bitcoin can`t gain more popularity.People are afraid of using btc because there isn`t any

guarantee that they are not dealing with scam companies.

Yeah that is major problem that people hesitate in using or investing their money in bitcoins, as they feel that they will get scammed and loose all their money in it.
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July 02, 2016, 10:24:08 AM
 #12

It depends. I of course don't want anyone to lose their coins, but if they knowingly "invest" their money in into obvious scams, then I find these people have no right to complain. It's simple, if you know that you are "investing" your money into scams, then you must accept the fact that your coins can be gone at some day. People that are storing their coins on exchanges, online wallet services, gambling sites, etc, are just being ignorant. They simply don't have learned anything from the past, or they are too lazy to deposit and withdraw their coins each time. It's not smart, but these people can still change and do the right thing.
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July 02, 2016, 10:25:59 AM
Last edit: July 02, 2016, 10:47:50 AM by Quantus
 #13

 

Those who dither or refuse the responsibility of protecting their own wealth will ultimately pay a higher price then those of due diligence.

Those who knowing or unknowingly gamble with their wealth will ultimately suffer a higher risk then those who are fiscally responsible.


Having said that. You have asked a philosophical question.
Dose a gambler deserves to lose?
What about a retarded gambler?
A rich gambler?
A poor gambler?
A ill informed gambler?
An elderly senile gambler?

(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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July 02, 2016, 10:26:17 AM
 #14

the mistake is indeed for keeping their funds on exchanger too long,they should know exchanger's address is fully controlled by the exchangers and they'll potentially turn into scam(trust no one) different if they keep on cold storage which make them have full control of it,and even you just already warn them about the danger of "fake" cloud mining,they still don't give a shit because they just interested on profit without calculating any possibilities

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July 02, 2016, 10:30:41 AM
 #15

Sadly I gotta agree with the OP.

People are stealing left and right and people are still trusting these sites. Its another reason I dont trust atm cards or any of those companies. After
Gox I think it proved any company can go down. Its a scary world out there and can almost trust no one.



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July 02, 2016, 10:35:12 AM
 #16

IMO yes they deserve to lose their bitcoins because they know that they only need to invest what they can afford to loose (as usual) but they pretend to be blind and put all their money and even though they got scammed in the past like mostly on HYIPs they still didn't learn the lesson because they feel safe because of the feedbacks and to the review sites that saying that hashocean is top 1 so it will not turn to scam but now they eat their own words and cry like a baby because they don't mind what others opinion about investing and only think about their selves. It just my opinion. No hate Cheesy
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July 02, 2016, 10:42:42 AM
 #17

The independence of Bitcoin has advantages (nobody can take you money like they already have in Cyprus and some other banks), but these advantages come with inconvenients (if people scam you there is no way to recover your money). It's part of the deal, if you think it's not worth if just don't use it.



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Rainbot
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July 02, 2016, 10:44:56 AM
 #18

 I will not invest my coins in eny invesmet site becaus there is no trusted sites in to the internet... so why
People deserve to lose their Bitcoins ? becaus there is meny scam investment programs with hight daily% and that sites is of course risky and scam+ maining sites

xuan87
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July 02, 2016, 10:45:54 AM
 #19

If they tempted to try to invest in HYIP or ponzi scheme then they are deserve to lose their coin because of their greed, but if somebody lose their money from trade scamming i dont think they are deserve to lose it, because for traders it is easier to do transaction when they keep their money in trading wallet


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eddyubachs
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July 02, 2016, 10:46:48 AM
 #20

People wants to multiply their coins in quick time and their greedy nature comes into play and they invest their money in sites without any research or investigation, and they loose everything at the end of the day.
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