Bitcoin SCAM!

[najmul33]

Bitcoin Its Not Scam Only there's so many scam website, if you invest it in scam website you lose all money. So don’t trust any website for investment

[EnaksiS]

There is a lot of story like yours. Because many people are naif ones and bitcoin is the popular way to scam them. I hope nobody get traps like this anymore. Take care guys...

[Crypto_Sting]

Hi, related to this. I've been reading a thread on bounty scam. A translator applied for a bounty campaign. The campaign manager did offer to pay in BTC; 50% in advance and the balance upon completion of the project in lieu of the Bounty Token. The translator did accept the offer as the campaign manager would rather accept another translator if his terms are not accepted, (power tripping over here). Currently the said translator is claiming that he was scammed by the campaign manager since he did not pay the Bounty Token to him after completing the project. What are your thoughts on this? Is the translator correct to say he was Scammed?

all coins is buble, sometimes poop, we need analys it, technical and fundamental.

[xpashtetx]

So don’t trust any website for investment

In most cases yes! but I for example on investment projects in the middle of last year very well came out in plus and earned the capital on investments in bitcoins! And it turned out so that earnings + bitcoin growth gave me a good investment portfolio.

[Borisov]

Unfortunately there are always people who will use the name (bitcoin) to deceive other people! the only thing I can advise is to perepravit, to clarify and not be lazy! it's hard-earned money. and if you want to increase it, you need to learn to think with your head! sorry for grammatical mistakes!

[pri3oner]

Your topic title's got me checked the whole post lol
I feel ur point of view cos the majority of us has gone through it too. Now u've got the experience that made u think twice before joining a bounty campaign and so on. It's really necessary to "pass the exam" to stay aboard in crypto world.

[Choyor]

I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!

This is an interesting story, maybe this is one of a thousand stories about the benefits of Bitcoin. For me this story is very inspiring people out there who want to join or invest with Bitcoin or the people who are in this forum, which needs to be corrected is better if we invest without going through others.

[mahekfatimag]

It depends upon the knowledge of person to person. Before saying 'Bitcoin is SCAM' you must learn how bitcoin works what is the technology behind it and how actually blockchain works. If you know these very well then you can easily understand the things why bitcoin can reach to $20000 and what you can expect the price of bitcoin in the near future. Don't listen what the other peoples are saying who doesn't know anything about it. Just learn and think.

I just want to say a one line quote:

Bitcoin is not a bubble, while it is a pin.

[markint]

Unfortunately, every day more scams based on the bitcoin theme seem to prevail, the only thing they have achieved is to enrich a few scammers at the expense of the credibility of bitcoin, so I believe that one of our duties as people involved in this issue is to denounce publicly this kind of trickery as soon as we find out about them in any medium.

[aardvark15]

I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!

I don’t know where he gets the story about referral fees unless he was talking about Bitconnect which I think may have done this.  Also, there is no guarantee that the price doubles in any particular time frame. In fact we saw at the beginning of this year that the price dropped to about half of the peak.

The facts are that Bitcoin has potential to make great gains but it is still a high risk investment. There could be negative news or government regulations that make the price drop.

[beskid]

It depends upon the knowledge of person to person. Before saying 'Bitcoin is SCAM' you must learn how bitcoin works what is the technology behind it and how actually blockchain works. If you know these very well then you can easily understand the things why bitcoin can reach to $20000 and what you can expect the price of bitcoin in the near future. Don't listen what the other peoples are saying who doesn't know anything about it. Just learn and think.

I just want to say a one line quote:

Bitcoin is not a bubble, while it is a pin.

I agree with almost all of your words, but we can not predict fate. Now is a difficult time for bitcoin, as it is attacked from all sides by different governments. But there are also governments that have not decided how to deal with crypto currencies, and they are watching If bitcoin can not fight off today's attacks,
I'm afraid that it will be difficult in the future.

[ChConcept]

Bitcoin is real, I am sure a lot of people here can attest to that. I am indeed a living example of someone who found a good source of income and good investment in Bitcoin. But I also cannot deny the fact that there are also a lot of people who are using Bitcoin to take advantage of those who also want to earn, those are the scammers, so I highly recommend not to trust right away, also do your own research and learn the things you will do before giving anything.

[alex M]

Bitcoin is real, and I don't think its a scam. There are so many business firms and personality who use this type of cryptocurrency because they found easy and fast to transact compared to banks.

[Jeremiesaranza]

I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!

Bitcoin is not a scam  I really believe many rich people and millionaires invested to it and I have a proof our neighbors receiving salary from bitcoin with big amount of money

[faceoff97]

a better option is to invest directly, not through others. you can buy bitcoin with fiat. Keep it in your wallet and then wait until you see a profit. because the bitcoin is real and promising, not a scam.

This is the safest and basic way to invest with bitcoin. Bitcoin is not really a Scam but "Might" actually be used for scamming. Its feature really fits to be used for illegal activities. I have  also heArd that bitcoin is now already used as networking scheme, and this made me doubt the idea.

Personally, If i would choose to invest, I wont let anyone know and intervene on it. The security and becoming anonymous once I joined them becomes useless.

[kasansa]

Yes bitcoin has been mostly targeted by scammers to cheat the innocent people and its sad that most of such scammed people just think that bitcoin itself is a scam.

[Lasvista]

Thank you for sharing your experience though , and what a good statement. To be honest now a days many people or should I say a lot o people using the name of bitcoin to scam. So whom reading this I remind you and each all of us to be more wise and be careful. Dont be fool , and I suggest that dont be blind by the money or the income. Cause some people saying that theyre gonna double it and thats not the fact , the fact is they just gonna take your money away , instead of having money the result is no money. So beware guys thats all.

[Roboabhishek]

I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!

After reading that my thought on your story is that the way your friend took you to approach to bitcoin is through a referral scheme "correct me if I'm wrong".
But you refused (I would say that it was a good and steady move seriously.) 
You cannot blame bitcoin just for that everything has a good and use of it. just depends on the user/consumer.

[seoincorporation]

I was invited by a friend of a friend to invest in Bitcoin last year. He told me that if I invest 5000 in our currency it will be doubled in a month's time. He also promised me that I will get referral fees and override from every person I introduced to Bitcoin and that prices of Bitcoin are expected to increase. To make the story short I did not join because I believe its a pyramiding scam. Truth to be told I did my research on Bitcoin after that and it turn's out that Bitcoin's price was really on rise unfortunately I did not invest at that time. Currently I'm learning more thru this forum and I thank my friend for inviting me here. Just last December I heard from one of my friends that the company they joined was in fact a pyramiding scam and the money they invested in just vanished out of thin air together with the people who invited them. We should be wary of people offering investments and opportunities to us. Do your research. Opportunity comes with risks as well as the rewards. If its too good to be true, it might be a scam. Bitcoin is not a SCAM but there are people who uses Bitcoin to SCAM other people. Good luck to us and more power to Bitcoin!

Hello Smith.

A lot of people use bitcoin as a scam, in this forum, we know that kind of business as Ponzi. That piramid business always run with the money, and isn't cool, because they give bad trust for new bitcoin users.

A lot of people even in this forum promise that they will double your money, but that's a lie, so don't trust them, better learn the right way to use bitcoin and altcoins.

The most secure way to use this coins is by holding them, if you want to invest in bitcoin or other alts, then buy the coins and hold it in your wallet, that way no one will run with your money, and if the price goes down, that doesn't mean you lose your money, you can just wait until the price recover.

If you need more information about how to manage your bitcoins in a secure way send me your questions on a PM and i will help you.

[chacha66]

Ya, just because BTC has been used in scams dosnt mean it is a scam. Gold, diamonds, cash , and antiques have been used since for ever for scamming people. Every scam that has been done with fiat currency is now been tried out on BTC costumers, because there is little or no regulation. This is why it is up to you guys to be vigilant!! No goverment oversight means you have to be smart. Just buy and hodl in off line wallet - safest means of not getting scammed.