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Author Topic: bitcoin use in pyramiding scam?  (Read 409 times)
mhayandal (OP)
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April 10, 2018, 01:06:27 PM
 #1

bitcoin use in pyramiding scam?
there's a lot of people willing to get a money in just a blink of an eye..but using bitcoin in scam is not as good a many others say, some of them willing to take advantage of the weakness of person who had get tired of being poor,dont be so sure of what you do..when you want to get rich you should be a hardworking person.
BITCOIN is a digital currency,dont even use it in scam or in a wrong way get more of it.

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April 10, 2018, 01:13:35 PM
 #2

While there are people who shows great support for this there are others who use it in not a nice way .. well this is inevitable offcourse because every means that we use today is being used both in a negative and in a positive manner and that's something that will exist till the people stay good or bad .. it's more of an individual problem rather than of the community but that sullies the name of the whole things and that's what's happening with Bitcoins.

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April 10, 2018, 01:30:55 PM
 #3

Recently, there is a news that bitcoin has been used in an online pyramiding scam and luckily the scammers got arrested but this will be a lesson to those who invested their money in that company.

This is inevitable as people want to scam innocent people and those people who are thinking bitcoin will help them be rich in an easy way. We just need to learn ourselves and try to do some research before investing our money. I don't like to invest in a pyramiding scheme even its legit or not.

sate_padang
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April 10, 2018, 01:41:20 PM
 #4

I really hate the pyramid system, the system that deprives their members of the money, and is very disadvantageous, I strongly agree if it is imposed a fine with a very large amount or in prison komplotanya.
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April 10, 2018, 01:43:04 PM
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I really hate the pyramid system, the system that deprives their members of the money, and is very disadvantageous, I strongly agree if it is imposed a fine with a very large amount or in prison komplotanya.

in the end all currencies are pyramid systems, even if you take only gold as a currency you then get first, the mining industry as your masters and secondly the banks that give you gold certificates for, or like now cryptocoins with "goldbacking"

Indrawan77
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April 10, 2018, 01:45:42 PM
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Yes, bitcoin is a future currency, and it will be very bad if somebody want to try to destroy btc by using it for illegal things, Satoshi created btc so people can easily doing transaction and making the world economic into better shape, but seems like some people are just greedy and like to used bitcoin pseudo anonymous feature to do bad things, and for the one that want to used bitcoin please learn and research before you investing or doing transaction
KingScorpio
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April 10, 2018, 01:47:47 PM
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Yes, bitcoin is a future currency, and it will be very bad if somebody want to try to destroy btc by using it for illegal things, Satoshi created btc so people can easily doing transaction and making the world economic into better shape, but seems like some people are just greedy and like to used bitcoin pseudo anonymous feature to do bad things, and for the one that want to used bitcoin please learn and research before you investing or doing transaction

if it is successful it will be used for illegal things just as the national currencies are used for illegal things,

however bitcoin will be attacked, because of its energywasting nature, and because there will be many better alternatives

Red-Apple
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April 10, 2018, 01:49:24 PM
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bitcoin is just a currency and like any other currency such as US dollar, it is being used in a lot of different spaces some of which are bound to be shady like pyramid scams.
the important thing is to know since bitcoin transactions are traceble (unlike fiat) it becomes harder for scammers to get away with things. and also so far luckily this kind of usage has been negligible.

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Good Bo
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April 10, 2018, 01:50:51 PM
 #9

bitcoin use in pyramiding scam?
there's a lot of people willing to get a money in just a blink of an eye..but using bitcoin in scam is not as good a many others say, some of them willing to take advantage of the weakness of person who had get tired of being poor,dont be so sure of what you do..when you want to get rich you should be a hardworking person.
BITCOIN is a digital currency,dont even use it in scam or in a wrong way get more of it.

If you think bitcoin is pyramid scheme then this world door is open for you to get out before you more interesting.
In other side also i dont say its true that willing to earn money without effort in bitcoin is true, in bitcoin also something bot running properly. So hard work is the answer to earn money in bitcoin too.
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April 10, 2018, 01:54:25 PM
 #10

This is such a bad image for bitcoin. Many are persuaded of pyramiding scams because they want to have easy-money. Here in the Philippines, some people invested their 15 million pesos on scams. This is so heart breaking. Your hard-earned money is swept away by just a blink of an eye. That's why we need to be very careful in investing our money and we should not trust easily. We need to check the background so that we won't be scammed.
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April 10, 2018, 01:54:55 PM
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Of course this is wrong. And it's not just in bitcoin. In general, cheating is not good. But everyone earns as he can. We must be more careful!

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April 10, 2018, 02:02:22 PM
 #12

Yes, bitcoin is a future currency, and it will be very bad if somebody want to try to destroy btc by using it for illegal things, Satoshi created btc so people can easily doing transaction and making the world economic into better shape, but seems like some people are just greedy and like to used bitcoin pseudo anonymous feature to do bad things, and for the one that want to used bitcoin please learn and research before you investing or doing transaction

if it is successful it will be used for illegal things just as the national currencies are used for illegal things,

however bitcoin will be attacked, because of its energywasting nature, and because there will be many better alternatives
Yes, there are cases that bitcoin involve in a pyramiding scam because of its popularity many scammers use it to scam other people and mostly the victims are the people that wants an instant profit without working it, maybe they have not think that there is no easy money in this days. If only they have enough knowledge about bitcoin on how it was being earned then maybe they can avoid those bitcoin scamming.

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April 10, 2018, 02:02:51 PM
 #13

I feel sad whenever there are someone like me who has been also scammed ,and I feel also sad if they use bitcoin to scam people.So this serves as a lesson for all of us guys.Be smart and wise in chosing the right investment.

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April 10, 2018, 02:08:46 PM
 #14

I am hoping that bad people will stop bitcoin in using this for pyramiding scam because it really affects and give bad image for bitcoin. We should use bitcoin in a good way and in returned it help us also to give us good life.

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Hui8
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April 10, 2018, 02:14:47 PM
 #15

bitcoin use in pyramiding scam?
there's a lot of people willing to get a money in just a blink of an eye..but using bitcoin in scam is not as good a many others say, some of them willing to take advantage of the weakness of person who had get tired of being poor,dont be so sure of what you do..when you want to get rich you should be a hardworking person.
BITCOIN is a digital currency,dont even use it in scam or in a wrong way get more of it.

Yeah this happens a lot in the countries like India, Bangladesh, and some part of the Asia. Th reason for this is illiterate rate of the people around the country. Its not like that these country dont have much knowledge about the bitcoin but what they have is insufficient one. I have read so many news from the India that group of people got scammed as pyramid scheme of the bitcoin. Where these people grab money from the various people, then they tell them to catch other people and grab from them. This way the main person gets huge bucks but at the end he runs away with that money. In country like this it is common thing to happen out of the greed of money.
dzhan
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April 10, 2018, 02:18:02 PM
 #16

bitcoin use in pyramiding scam?
there's a lot of people willing to get a money in just a blink of an eye..but using bitcoin in scam is not as good a many others say, some of them willing to take advantage of the weakness of person who had get tired of being poor,dont be so sure of what you do..when you want to get rich you should be a hardworking person.
BITCOIN is a digital currency,dont even use it in scam or in a wrong way get more of it.

fiat currencies is used for pyramid and ponzi schemes a lot more than Bitcoin and crypto currencies. Most of this scam sites use fiat as basical payment method, but there is also many sites using Bitcoin recently. Thats the fault of people and not related to the currency itself in anyway, people can use Bitcoin for good or bad purposes.
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April 10, 2018, 02:20:56 PM
 #17

I am hoping that bad people will stop bitcoin in using this for pyramiding scam because it really affects and give bad image for bitcoin. We should use bitcoin in a good way and in returned it help us also to give us good life.
Tell me who has a negative image of bitcoin? Governments and bankers are spreading this fud in order to create a negative image of bitcoin is true. But nobody believes it. Scammers have always existed. For them there is no difference what kind of money to lure people. Before the appearance of bitcoin, they lured Fiat. And probably now the victims of fraud more become the owners of Fiat.
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April 10, 2018, 02:35:37 PM
 #18

bitcoin use in pyramiding scam?
it is used but not as much as you may imagine. there are scams all around us but the pyramid scams are too obvious to be able to be pulled off these days.

Quote
there's a lot of people willing to get a money in just a blink of an eye..
such people don't have any money to invest either! this way of thinking alone assures that their finances are always terrible since they lose their money and at some point they become too scared to make any kind of investment and continue their lives without investing anything.


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April 10, 2018, 02:50:38 PM
 #19

No its not becaue what i have understand on pyramid scam its need you to invite so you can get reward. If that person invite ankther person you will still get reward. And bitcoin is not like that
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April 10, 2018, 02:53:14 PM
 #20

While there are people who shows great support for this there are others who use it in not a nice way .. well this is inevitable offcourse because every means that we use today is being used both in a negative and in a positive manner and that's something that will exist till the people stay good or bad .. it's more of an individual problem rather than of the community but that sullies the name of the whole things and that's what's happening with Bitcoins.

True, because some people scam other people by using the name of bitcoin to get some money. Those innocent people who don't know about bitcoin but just heared it because bitcoin is popular they woukd tend to believe in it. So that is the reasob why sometimes there are news that bitcoin is a scam because of those greedy people.
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