2013-12-10 Cyber experts unearth massive bitcoin scam

[Le Happy Merchant]

http://www.deccanchronicle.com/131210/news-current-affairs/article/cyber-experts-unearth-massive-bitcoin-scam

Seems quite a bit dumber than I would expect from a news site. Makes me doubt the claims being made.

[kjlimo]

Was this written in English?

All I got was exchange rates go up & down, difficulty goes up, exchanges take your money as they buy more servers...

Not sure where the scam starts... or what they heck they are trying to say is a ppump & dump.

Stupid article that will only confuse people (including bitcoin people).

[Le Happy Merchant]

Was this written in English?

I assume it was written in Hindi, but whatever it was, I doubt it was English.

[exstasie]

well can't this be said for any type of investment then?  there will be those who try and pump and dump and exploit the volatility, but its not different then the stock market.

[bryant.coleman]

The author don't know what he is writing about. The article says that the exchange refused to convert his coins back to USD. Then why can't he go to some other exchange? Just sounds ridiculous.