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Author Topic: Fake Scams to try and discredit Bitcoin!  (Read 4734 times)
MonkeyBear68 (OP)
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March 27, 2013, 06:20:43 PM
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It seems that detractors of Bitcoin will stop at nothing to try and discredit it. I often search for the last hour of results in Google to try and find the latest news about Bitcoin. Today I found this link:
http://financialsurvivalnetwork.com/2013/03/confessions-of-a-bitcoin-scammer/

It was created by TruthNeverTold who seems to have issues with Bitcoin. He references another article:
http://nerdr.com/bitcoin-exchange-scam-bitcoins-are-worthless/

The details provided are of course always vague, but they try to support the fact that the price on an exchange was manipulated. I find the article to be total nonsense and most likely totally fabricated.

I often see other results such as "Bitcoin Crash" in which the website operator obviously is just changing a small amount of content to get their article on the forking incident (or others) to appear more recent in Google.

It seems that since everything has been going so well for Bitcoin lately, that detractors must invent some "Fake Scams" to make the headlines and try and discredit it.

It would be interesting to see what other "Fake Scam" articles others have encountered.

Matthew N. Wright
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March 27, 2013, 06:25:11 PM
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It seems that detractors of Bitcoin will stop at nothing to try and discredit it. I often search for the last hour of results in Google to try and find the latest news about Bitcoin. Today I found this link:
http://financialsurvivalnetwork.com/2013/03/confessions-of-a-bitcoin-scammer/

It was created by TruthNeverTold who seems to have issues with Bitcoin. He references another article:
http://nerdr.com/bitcoin-exchange-scam-bitcoins-are-worthless/

The details provided are of course always vague, but they try to support the fact that the price on an exchange was manipulated. I find the article to be total nonsense and most likely totally fabricated.

I often see other results such as "Bitcoin Crash" in which the website operator obviously is just changing a small amount of content to get their article on the forking incident (or others) to appear more recent in Google.

It seems that since everything has been going so well for Bitcoin lately, that detractors must invent some "Fake Scams" to make the headlines and try and discredit it.

It would be interesting to see what other "Fake Scam" articles others have encountered.



It always bothered me that pro-bitcoiners with so much imagination would often miss the most simplest of explanations. When someone is holding bitcoin, they want good news about bitcoin to be heard. When someone knows bitcoin will be worth a lot later but didn't get to buy in cheap, they want bad news about bitcoin to be heard, until they can buy in.

As for the general topic of discrediting bitcoin, bitcoiners do that pretty well by themselves. If everyone here talked like Yifu Guo, we'd probably already be there by now. Instead, they all talk like dank.

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March 27, 2013, 06:29:47 PM
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...
As for the general topic of discrediting bitcoin, bitcoiners do that pretty well by themselves. If everyone here talked like Yifu Guo, we'd probably already be there by now. Instead, they all talk like dank.

Heh, true.

Sup with you around here Matthew? Preparing for the next "big thing"? Don't know why I had you on ignore.

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
Matthew N. Wright
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March 27, 2013, 06:33:21 PM
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In further response to this topic, there is a growing sense of "religion" to bitcoin and it's quite sickening. Yes, every following needs supporters, but support should be logical, not emotional. Once you hear people screaming in your ear that "if you don't use bitcoin, you're going to lose!" then it becomes a ponzi scheme, fraud, and you start to see everyone around you as being delusional. I know that's not exact, as many do truly see the potential bitcoin can bring, but look at OP for example. Instead of just admitting that an anonymous currency is basically a hacker/thiefs wet dream and that the scamming will obviously get worse over time, he'd prefer to paint the paranoid picture that people are out to get it. Sound familiar, Christians?

...
As for the general topic of discrediting bitcoin, bitcoiners do that pretty well by themselves. If everyone here talked like Yifu Guo, we'd probably already be there by now. Instead, they all talk like dank.

Heh, true.

Sup with you around here Matthew? Preparing for the next "big thing"? Don't know why I had you on ignore.

Will PM.

MonkeyBear68 (OP)
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March 28, 2013, 11:30:36 PM
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A mysterious spiritual leader who disappeared...
An inner circle of Cardinals Core Developers who decide policy matters for the Priesthood mining pools, who control the Clergy miners, who take a tithe 25BTC mining reward from the Congregation stake-holders' pockets every 10 minutes.

No wonder it's getting so popular -- I don't know what you're complaining about! Wink


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March 28, 2013, 11:42:36 PM
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People out there want free money, unfortunately it doesn't work that way.
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March 30, 2013, 02:36:15 PM
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People out there want free money, unfortunately it doesn't work that way.

For those who didn't realise the piece being quoted has been around since June 2011 and was discussed here at the time.

I tried to leave a comment under this video of TruthBeTold's only to be reminded I am banned from commenting there!!!

Basically what I wanted to say is either he is really poor at researching his material or he should rename his channel to LieBeRepeated!





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