People deserve to lose their Bitcoins ?

[OmegaStarScream]

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 ?  

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.

I said "A lot of services scammed or really got hacked" , Purse.io is one of those services that got hacked and as far as I know they are totally legit : https://www.cryptocoinsnews.com/purse-io-users-are-targeted-by-hackers-10-235-btc-stolen/

But to protect your self , you shouldn't store your coins in that website for long time , just for making the transaction and then withdraw.

[btcdevil]

It is true what OP is saying but it is the mentality of a human being where ever they finds high returns with less investment they just jump and invest it after that they research and then see that they got cheated or scammed this is the reason why this sites are still getting feeding from newbies.

[DimensionZ]

No honest people who have earned their money with hard work and dedication deserve to lose their funds be it in the form of digital cash or paper money. I think Bitcoin is a prime target for hackers and dishonest exchange operators because it's easier to claim that something went wrong with people's money and cover their tracks without the fear of repercussions. I guess if business is done face-to-face and not over the veil of the Internet people would think twice before resorting to scamming or hacking.

[shadobitz]

To be honest there is big reason why people are losing their funds because they are lazy and trust on their security system, that is why any inside job can make us without all funds any time so that I think it is better never let funds on any sites there that can be dangerous for our future.

[SuperCoinGuy]

It's true that people need to be very careful with what they are letting the Bitcoin exchanges hold on their behalf, but I think the problem of having no trust in the Bitcoin community needs to be addressed as fast as possible. Why should we always worry about losing our money if left unsupervised at some exchange or online service? I would like my Bitcoin funds to be secure at whatever company I choose to do business with and I hope this rampant 'hacking' scenario is no more allowed to happen because it's simply preposterous.

[pandalion98]

It is true what OP is saying but it is the mentality of a human being where ever they finds high returns with less investment they just jump and invest it after that they research and then see that they got cheated or scammed this is the reason why this sites are still getting feeding from newbies.

This is already built-into humans. Large numbers tend to drive a person into investing in them.

Aside from teaching and spreading word, we can't really do away with human stupidity. It's better to learn a lesson the hard way.

[plost24]

yeah they deserve even me by giving my bitcoin to a scam services. because there is no contract or something that give you the right to have your money back so you can tell that is only a giveaway not an official investment.
giving money without anything mean that you take a risk of losing them that is why you deserve that.

[Denker]

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 ? 

You could add a big portion of altcoins to your list of scams as well.
The reason all that might be greed, negligence, downplaying and underestimation aka "All will be good, it won't happen to me."!
We can repeat our words and warnings a thousand times, there will always be people who will have to learn it the hard way.
A pitty but that's how it is.

[RoommateAgreement]

umm, maybe not all of them but i agree that if you make a stupid investment or i better say if you hand over your money to the scammers without trying to find out more about them first then you deserve losing your money.

[Hazir]

I feel that question whether people deserve to lose or not their bitcoins is not so simple and easy to answer.
I would like to say that someone who blindly invested in cloud mining deserve to lose their coins, but again - I was fooled by scammy cloud mining in the past as well.
But from the other hand even legit services can be attacked at any time, the only way to prevent that is not storing your coins online, but that is not the always possible...

It is really unfortunate if honest people sometimes lose their money. But we can't do anything about this, 100 years ago you would lose your gold coins, today it is bitcoin.

[randy8777]

does some one that puts money in shady investment and/or cloud mining sites deserve to lose their money? yes. does some one deserve to lose their coins for leaving them on exchanges? no.

[HarryKPeters]

Nobody deserves to lost their bitcoins, but yes if they make stupid decision it's hard to feel symphaty for them.
At least i don'thave it.

[kryptqnick]

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 ? 

Of course, people shouldn't keep money unsafe and it's their own fault they do so.
 "Halving is coming" - how do you know that? I thought BTC is more like raising now

[cpfreeplz]

You can tell who is very trusting of others or just hasn't been rip off or "hacked"* before. Stop trusting others with your coins! This isn't fiat ffs!

*obv I know I wasn't hacked neither was blockchain.info. Those retards lost/ stole from me about 0.05BTC worth. Bastards.

[Kprawn]

Yes, We have repeatedly warn people against these centralized services and they still store coins there.... Yes, we have repeatedly warned them against Cloud {scam} mining services and they still

invest in them... Why? --> Because people are greedy and lazy by nature... They want the quickest and most convenient way to make money, with very little effort. This DOES not exist, but they still

believe that is does. Should we hide away and wait for the hyped up Halving event? Yes, but if you thinking this event is going to make you a millionaire over night, you are wrong about that too.  

[crairezx20]

For others they are just having fun and they can afford to lose unlike other people are looking for instant profit while they are playing gambling is base on luck you can not know if you can win or not unless if the gambling sites are fraud..
And i think its not deserve to our bitcoin.. gambling for me is nonesense.. many ways to have fun not only gambling.

[OmegaStarScream]

I only agree if we're talking about "People deserve to lose their Bitcoins at ponzi investment" because they should know risk of investing their bitcoin such as scam, fake business or something similar. If they're smart, they won't invest their bitcoin at something shady. If they invest even though they know the risks, it's their fault.
But, people not deserved to lose their bitcoin at exchange if they're trader or someone who want to sell/buy bitcoin but haven't withdraw and something bad happened

I can't blame someone who got hacked suddenly while he have his funds (for few hours) in the exchange maybe, but someone who is storing them for long term and large amounts ? I can definitely blame him.
I mean , It's more then obvious that anything that contains money (exchanges) is a target for getting hacked , credit cards , Paypal accounts ,everything. So It's same case for Bitcoin.

[SmartIphone]

Add on the list also cointellect, I invested a lot of money at their beginning and they turned in scam after a while.
People do not deserve losing their bitcoins in cloud mining and exchanges because sometimes they do not know in what risk they are involved.

[wikenpp]

Wow how could you state this. People may be ignorant but's it's the hackers fault all along. They are too stupid to find a honorable way of living and they should be punished from them.
What you saying is hackers have the right to hack people and steal money. Don't you realize how stupid that sounds?

Proper guidance and ways to prevent these things from happening is our first task as a community.

[helloeverybody]

I don't think it's right to say people deserved to lose their bitcoin.  Mt gox  was unforeseeable at the time and although it has  taught many people not to store anything on exchanges not everyone can know this.   As adoption grows   the responsibility lies with us to teach those who don't know better because people losing money to exchanges affects the image of bitcoin.