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Author Topic: BTCPonzi: an obvious scam  (Read 474 times)
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April 17, 2013, 09:19:27 PM

They scammed a bunch of people a few days back (they were on #bitcoin-otc punting their scam), and they've gotten more sophisticated with a website and a Twitter feed - I know its appealing to believe that you'll throw a few small amounts at them and you'll get double back, but obvious scam is obvious.

What they propose isn't even how a ponzi scheme works; their "rules" are practically unenforceable and a glance through the blockchain page for their address shows substantially more payments to them than payments out. PLEASE don't fall prey to scams like this and similar!

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