shield132
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September 30, 2020, 07:03:32 PM |
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When you guys talk about ban of cryptocurrencies, what do you mean? Ban means it should be prohibited, illegal and you'll be punished for owning or making transactions with it. If there isn't service provider in your country, it doesn't mean that cryptocurrency is banned, just for explanation. And governments, first of all you have brain that should be used in real life. There are people investing in scams and then blaming government because such scam existed and they didn't abandoned it. I agree with you at some point but on another hand, don't blame others for your mistakes, that's a huge problem and disadvantage for your development in life.
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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September 30, 2020, 07:36:42 PM |
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Lol, what kind of scammers are they? Exposing their identity and then also having offices around in India? I mean what were they expecting after scamming people? No one would do anything? Or is the country so corrupted that open scam is a norm over there? They didn't even put any effort to hide their identity. Bunch of idiots I would say. More than forty people who got scammed have complained about the exchange to the Delhi police. I've never come across the exchange named Pluto. This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly. This has made more users to invest and finally ended as a trap, and the office have got relocated to Dubai closing the office in India.
Promised high returns and then people invested with the hope of getting rich? Being a bit harsh over here, but they did deserve to get scammed. Since they relocated, does that mean they are now invulnerable?
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jrrsparkles
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Eloncoin.org - Mars, here we come!
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September 30, 2020, 07:42:56 PM |
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Days back one of the exchange in the country came up with a proposal to regulate cryptocurrencies and avoid complete ban of cryptocurrencies usage within the country. When such good news pops out people go positive on using cryptocurrency. By the same time there is a news about an exchange scamming people with more than $60 million. More than forty people who got scammed have complained about the exchange to the Delhi police. I've never come across the exchange named Pluto. This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly. This has made more users to invest and finally ended as a trap, and the office have got relocated to Dubai closing the office in India. Similar such incidents will be mentioned as a reason by the government when applied for regulated usage of cryptocurrencies. More Scams in the name of cryptocurrency is truly destroying the true quality of cryptocurrency and it's features. Hope the change happens soon creating positivity among common people about cryptocurrency. Source : bitcoin.comSo government just want to stay away from these scammers and let them to do what they want? Regulating will actually help to decrease the scams in the crypto market but many ruling people doesn't have any knowledge about it so they just use this as a tool to defend them when there is debate against them.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Twentyonepaylots
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September 30, 2020, 07:53:33 PM |
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Sometimes the government is unfair about the issue of crypto scams, because if the scams that occur in fiat, the government's reaction will not be the same when the scams occur in crypto.
yeah I noticed it too, they are like overreacting every time crypto gets involve into something usual for a fiat currency like scams lol. Maybe because the government lacks knowledge about crypto, so when there is a scams in crypto it immediately reacts quite hard.
I don't think so, crypto isn't that complicated for the government to understand, it is just that they are too against with crypto because it bumps off with the current financial system that they built hundred years ago which they don't want to replaced due to some deep reasons. This kind of treatment makes crypto difficult to develop, even though if we look at most of the scams that occur in the crypto world.
hard time for crypto indeed, they are acting too wary of crypto yet they can't make their own.
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Distinctin
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September 30, 2020, 09:01:14 PM |
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The government making way to regulate the spread of cryptocurrency as many claims that they have heard about scamming issues. I may think this the best solution to minimize the level of scamming but somehow we don't want also to be controlled by the government as we wanted not to involve in corruption. If the regulation may not take place, we can't also think that we can stop these frauds and scamming issues.
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MShow
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September 30, 2020, 09:09:48 PM |
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The government making way to regulate the spread of cryptocurrency as many claims that they have heard about scamming issues. I may think this the best solution to minimize the level of scamming but somehow we don't want also to be controlled by the government as we wanted not to involve in corruption. If the regulation may not take place, we can't also think that we can stop these frauds and scamming issues.
It is absolutely normal for the state to want to regulate cryptocurrency. Otherwise it could be simple money laundering and tax evasion...
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chanler
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mulierum.com
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September 30, 2020, 09:14:44 PM |
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Many common people do see crypto as a negative thing, causing many losses. This of course can be reduced by continuing to spread interesting and positive news about crypto to common people. Telling success stories with crypto seems to get them interested and positive thinking.
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sehoon
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October 01, 2020, 03:22:19 AM |
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I don't think that the government can ever save the cryptocurrency space. Once the government gets involved, there's a high chance that they won't just try to stop the scams but also regulate and have a power in cryptocurrency. Only us, the investors can save the crypto space by sending out good information to avoid scams. We must all be aware if a certain coin is good or not.
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gabbie2010
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October 01, 2020, 05:43:57 AM |
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This is the importance of increasing education about investing in cryptocurrency, in order to give awareness to newbies not to be easily attracted by the large rewards offer, Moreover, an offer of 30% -40% return monthly is very clear fraud. Because a legitimate investment might not offer that much profit. No wonder the Indian government often bans cryptocurrency, it turns out that there are so many scams in India that use cryptocurrency.
It's really hard to believe such claims that it will give you a 30-40% return yet people still fall for this because they indeed lack awareness and education as well as their greed. People need to understand first that not all claims are real because it might just end up as a trap. It's better for them to regulate crypto than banning it because it just shows that the recognition of crypto in India is increasing and they can make use of that as an opportunity while regulating it will help prevent scammers. 30%-40% returns for an investment is too big to be true, and very fishy this is exactly were greediness comes into play, I am not surprised that some people fell for it, after getting scammed, they start campaign of columny and begin to harm reputation of cryptocurrencies, thus allowing government to bring out stringent rules or impose outright ban of cryptos, Its high time people start proper orientations and obtaining all the necessary information on dos and don't of cryptos else they will continue to fall for scams.
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supine
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October 01, 2020, 07:09:36 AM |
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That's a huge figure. This is one of the reasons why people are bashing Bitcoin or cryptocurrency, these frauds or scams are destroying cryptocurrency. A lot of scammers are entering cryptocurrency because they know how decentralized cryptocurrency is and they can easily get out or disappear like a bubble after they are done scamming people and start again on something new.
I also think the same but it is also their fault on investing without proper knowledge of what they are really investing in. It is only newbies who would be trap by this kind of scam because they lack of knowledge about crypto and doesn't want to spend time on knowing it properly. The image of crypto currency has always been damage by such activity there are still some who would believe in it and continue to support it.
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oleg8791
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October 01, 2020, 07:31:51 AM |
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This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly.
There is nothing new here. Greedy people believe in possibility to make profit doing nothing, and scammers cheat them.
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PancongStreet
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October 01, 2020, 05:20:57 PM |
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This exchange has got almost seven executives who are the team. It is a new kind of trap, because with the people who doesn't have much knowledge about cryptocurrency they've mentioned about creating their own cryptocurrency and assured of 30% - 40% return monthly.
There is nothing new here. Greedy people believe in possibility to make profit doing nothing, and scammers cheat them. It is a lesson for us that we should try to earn more money and be more careful in choosing trustworthy exchangers or projects. This is bad news in my opinion where an exchanger deceives its customers, it will make a bad outlook on new people
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MShow
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October 01, 2020, 05:51:20 PM |
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I don't think that the government can ever save the cryptocurrency space. Once the government gets involved, there's a high chance that they won't just try to stop the scams but also regulate and have a power in cryptocurrency. Only us, the investors can save the crypto space by sending out good information to avoid scams. We must all be aware if a certain coin is good or not.
Unfortunately, nothing will help to avoid risks, even government control, and fraudsters will be always and everywhere. But for now, the reliable way is not to store everything in one place, but unfortunately they have other methods.
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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October 02, 2020, 08:54:54 AM |
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I don't think that the government can ever save the cryptocurrency space. Once the government gets involved, there's a high chance that they won't just try to stop the scams but also regulate and have a power in cryptocurrency. Only us, the investors can save the crypto space by sending out good information to avoid scams. We must all be aware if a certain coin is good or not.
Unfortunately, nothing will help to avoid risks, even government control, and fraudsters will be always and everywhere. But for now, the reliable way is not to store everything in one place, but unfortunately they have other methods. It is the crypto user himself that can prevent him from fraudsters in this space. Even if there are regulations from the government, scammers have their scheme to rekt somebody else's money. Because they can't control what sites user will visit or what project they will send their money to. So in effect, the responsibility is really with the user, how he will manage his funds.
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Lizzie_Girl
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October 05, 2020, 10:09:36 PM |
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You can get coins with a 30-40% return per month. They called pos coins and just because you have more the next month doesn't mean the price will remain so. In fact most of the time it causes hyperinflation and destroys the coin. Such coins are usually just for fun and fast profits. It isn't a scam. People just need to thinh more befire investing and stop blaimg other things for the problems they create and cause themselve due to lack of knowledge and pure ignorance and often stupidity.
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rdbase
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October 09, 2020, 09:55:39 PM |
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Speaking of cryptocurrency and those who seem to scam people out of their own money and who oppose government regulation, As I mentioned in my last post John Mcafee is an huge advocate of cryptocurrency privacy when it comes his own creation on the subject ghost. He was arrested just this week due to evading the us government on not paying taxes. Funny thing is he had been avoiding being caught by stepping on us soil but was arrested in spain. So those two countries do have ties in their government business affairs when it comes to money and finances.
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MWesterweele
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October 10, 2020, 10:58:49 AM |
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The government making way to regulate the spread of cryptocurrency as many claims that they have heard about scamming issues. I may think this the best solution to minimize the level of scamming but somehow we don't want also to be controlled by the government as we wanted not to involve in corruption. If the regulation may not take place, we can't also think that we can stop these frauds and scamming issues.
Yes i read some news that other country prohibit bitcoin or any kind of cryptocurrench in their country, i didn't if this crypto threatened their economic groth or something. Here in my country they didn't announced it is scam nor prohibit this cryptocurrency but they didn't encourage people to get engaged in it due to scammers invasion may possible well i guess its because of being decentralised of cryptocurrency.
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claire_lovely
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October 10, 2020, 11:57:33 AM |
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The government making way to regulate the spread of cryptocurrency as many claims that they have heard about scamming issues. I may think this the best solution to minimize the level of scamming but somehow we don't want also to be controlled by the government as we wanted not to involve in corruption. If the regulation may not take place, we can't also think that we can stop these frauds and scamming issues.
It is absolutely normal for the state to want to regulate cryptocurrency. Otherwise it could be simple money laundering and tax evasion... Money laundering and tax evasion shouldn't be crimes though, they are just people deciding they would rather keep their money than have the government take it.
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Distinctin
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October 10, 2020, 12:13:05 PM |
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The government making way to regulate the spread of cryptocurrency as many claims that they have heard about scamming issues. I may think this the best solution to minimize the level of scamming but somehow we don't want also to be controlled by the government as we wanted not to involve in corruption. If the regulation may not take place, we can't also think that we can stop these frauds and scamming issues.
Yes i read some news that other country prohibit bitcoin or any kind of cryptocurrench in their country, i didn't if this crypto threatened their economic groth or something. Here in my country they didn't announced it is scam nor prohibit this cryptocurrency but they didn't encourage people to get engaged in it due to scammers invasion may possible well i guess its because of being decentralised of cryptocurrency. It could possibly some sort of personal interest that makes them prohibit the wide growth of Bitcoin adoption. Tax is one reason that makes them decided to do against crypto and they like to regulate in order for them to force every crypto holder to pay their individual taxes. And talking about scams and frauds, they can do nothing to stop them because it needs the participation of everyone and I know that we/they can't simply put action with that easier as it takes. Scammers will find their way and keep unnoticed by the authorities.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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JuSayCo
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October 10, 2020, 12:49:12 PM |
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That's too bad. However, we can't really avoid this incidents to happen over crypto currencies. A lot of fraudsters nowadays who just wanted an easy money used this kind of trap to scam some people who really work hard just to earn crypto currencies. That is why the Governments in some countries are too hesitant or strongly refused bitcoin adoption and legality in their country because of this scammers who just waited the right timing to attack their victims. By then, we just need to be very keen and be more extra careful in investing our hardwork's rewards and never ever trust anyone.
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