yeah as much as i dont want to except it i am pretty sure we did
. well does anyone know of another site that wont scam you that has decent prices per gh?
Some of the Big warning signs include:
Companies accepting Bitcoin as their only payment method. They're generally either unwilling to disclose account information or don't have one as this makes it easier for the authorities to catch up with them.
Websites that demand unreasonably fast payment for example Bitcominers rushed people into panic paying within 3 hours to get such a cheap deal.
No phone number isn't a great sign and if they have one call them!
Even ask to meet in person, if you're in the same country and they're genuine it shouldn't be a problem
Also check the going rate for their product, if it's way too cheap this should ring alarm bells and warrant further investigation prior to purchase. Start small! If they're new and untested don't send your life savings, start with the smallest option to reduce the capital at risk.
Most importantly research before you buy! We see countless posts on the forums of people finding a thread about a known scam after they've purchased...
Ultimately this is the dawn of crypto currencies with people scrambling to get in before wider mainstream adoption as a way of storing wealth, sending money cheaply worldwide or buying goods online. Some unsavory characters will attempt to take advantage of this crypto gold rush which will inevitably harm it's longer term potential!
To quote the old adage 'If it looks too good to be true, it probably is...'
I've seen tonnes of these scams recently they normal use the same library picture of a data center with blue sever cabinets.
This site is very useful to search for the known scams
http://bitcoinscammers.com/If a website claims to be a 'Limited company' don't just take their word for it, check with companies house in the UK
http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfoI removed a link to our site as it might be considered spammy
