I will Never Fall Again

[CryptSafe]

Metaphor of Bitcoin: Radio Frequency 93.1 Bitcoin Seminar

July 23, 2022

Ignorant People are still falling for bitcoin seminars in the rural and some major cities in the world. I was listening to 93.1 Radio Station in my locality. And a programme pop up titled, "Metaphor of Bitcoin". Which the presenter and the sponsor of the programme were try to explain the Metaphor of Bitcoin and I was provoked, they provided a phone number for the interested people to send text. What the sponsor said that made me provoked was, he said, Metaphor of Bitcoin is an Investment Platform (wallet) whereby bitcoiners can used to make money. It is a decentralized system in which nobody can control another person coin (s) even the developer of the software. It also uses per to per (p2p) system. And the presenter was asked to explain the p2p system to the listeners and sponsor said, "it is just like meeting whereby members among themselves give money to the person that is due to collect". Later he put it in this way. It is a contribution of money among people. Although to some extend he was correct but I called the number  which was provided and explained p2p to them in detail.

Peer to peer means, it is the direct exchange of goods and services (asset) among users of digital currencies without the interference of the national authorities.

I recorded part of the programme, I would have uploaded it but this forum doesn't accept audio. So I used another website to upload the audio. See link to the audio http://sndup.net/gchb

Finally. Then I thought to myself. The Knowledge getting from Bitcointalk is enough for me. They can't deceived anymore. I have learned and known. See    
My First Encounter/Experience With Crypto-Currency (Bitcoin) 2015

You did a good job OP. Just imagine how many thousands of listeners have been misinformed and decived by the so called " metaphor of Bitcoin" host and resource person without any prior knowledge of what they want to speak on publicly. As a result of such ignorance, people take advantage of situations and get away with it. I believe OP corrected some errors and blunders already committed by the presenters and also listeners at that moment would be very much enlightened from your explanations. With my level of understanding and experience on blockchain, I don't think I can fall prey to any novice whom does not know their left and right in the system.

[1715336522]

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[traderethereum]

Those who already have enough knowledge about bitcoin and how there are many scams with investing in crypto will no longer be tempted but unfortunately even more who do not know what bitcoin and how scammers try to deceive people, what's more annoying is that it's quite difficult to convince those people that it's a scam.

That's right, friends, people's habits when they have experience will definitely not repeat the mistake a second time, if there are still people who are still repeating the same mistakes, that person is really careless or stupid, that habit is a scam, they use the mode by asking for gas to transfer coins to wallet.

That's because there are still many people who don't know crypto more clearly and most of them only know about investing in crypto for a project.
And unfortunately, this is used by scammers to attract them to join and in the end, they use their money and hope to profit from their investment.
If they could find more information from the internet, especially about people's ratings, maybe they wouldn't be fooled and could tell the difference between a scam and the real thing.
Hopefully, people will think twice before they join the seminar and don't spend money if they're not sure.

[AakZaki]

Let's not spew hate on all seminars. Would you also criticize the ones made by Andreas? Many seminars are free and made to popularize cryptocurrencies, even if they have to advertise an altcoin or a service that sponsors the event. That part can be ignored but free knowledge is always worth your time.

Free knowledge is fine, but let's see if it's wrapped in other knowledge that would mislead on a ponzi project or something like that, a project that only enriches the seminar maker.
Because nowadays many are holding seminars on the theme of crypto knowledge, but they are using it to recruit new members to join the ponzi altcoin project. that's really not good. Don't be fooled by seminars under the guise of Cryptocurrency.

[Altryist]

That's because there are still many people who don't know crypto more clearly and most of them only know about investing in crypto for a project.
And unfortunately, this is used by scammers to attract them to join and in the end, they use their money and hope to profit from their investment.
If they could find more information from the internet, especially about people's ratings, maybe they wouldn't be fooled and could tell the difference between a scam and the real thing.
Hopefully, people will think twice before they join the seminar and don't spend money if they're not sure.

Scam schemes are mostly very similar and almost always based on human greed. Fraudsters always attract their victims with great profitability in a very short period of time. As always, free cheese is only in a mousetrap, you need to remember this. of course, if there was a desire to study more information before investing your money, to study what average profit and for what period you can get, then there would be more chances not to get caught by scammers.

[Questat]

Let's not spew hate on all seminars. Would you also criticize the ones made by Andreas? Many seminars are free and made to popularize cryptocurrencies, even if they have to advertise an altcoin or a service that sponsors the event. That part can be ignored but free knowledge is always worth your time.

Free knowledge is fine, but let's see if it's wrapped in other knowledge that would mislead on a ponzi project or something like that, a project that only enriches the seminar maker.
Because nowadays many are holding seminars on the theme of crypto knowledge, but they are using it to recruit new members to join the ponzi altcoin project. that's really not good. Don't be fooled by seminars under the guise of Cryptocurrency.

Citing those instances, only it leads to the spreading of wrong information and even ruins the image of the entire crypto market. This is the reason why some people don't trust crypto anymore due to their unforgettable experiences (losses/scams) which makes them think that crypto is a Ponzi scheme.
I'd never find it wrong to attend seminars but it is also important to analyze if they are doing it right and telling the right things about crypto, not just speculations, it needs facts as basis.

[Oneandpure]

Isn't this the usual problem where everyone is still trying to rip some people off when it comes to Bitcoin or other crypto asset investments? This person clearly knows they don't know enough to teach others about Bitcoin and not just the Investment part which of cause is the most attractive part to talk to people about since all the presenter wants is how to make money off them but understanding what Bitcoin is, is very important. So, while educating people about Bitcoin is important, miss education is another problem hence people fall into the wrong investment and see Bitcoin as even more of a scam.

Thousand way finding by scammer how to make people believing with their investing by using bitcoin as name of their project, the people just know only with bitcoin as best way for investing. But when scammer given promise about few percent profit every months they think most trusted project and become profitable when investing there. Easy way how to earn money without working and thinking make many people easy for believing thousand kinds of scam project investment, they have less knowledge actually with investment way were given daily profit few percent this big mistake and indicate as scam investment project.

[blackkat071]

Glad they now know that is p2p, i really hate these gurus when they do not know what they are talking about. its not just bitcoin but other cryptos too. its not suprising that even after so many years after bitcoin first fork. lot of people are still not realizing its potential and power of blockchain. Many did explored the technology but left the system and made their own.

[taufik123]

Thousand way finding by scammer how to make people believing with their investing by using bitcoin as name of their project, the people just know only with bitcoin as best way for investing. But when scammer given promise about few percent profit every months they think most trusted project and become profitable when investing there. Easy way how to earn money without working and thinking make many people easy for believing thousand kinds of scam project investment, they have less knowledge actually with investment way were given daily profit few percent this big mistake and indicate as scam investment project.

they target people who don't understand what bitcoin is and how it works, they just know bitcoin is very profitable. Bitcoin is like a double-edged sword that can be a profitable investment tool and can be a tool for ponzi projects.

They are beginners will believe the promises of profits explained during the seminar, they seem to be brainwashed into believing that the project they are following is a profitable project.

We as people who are more knowledgeable must provide warnings and knowledge about the actual bitcoin, so that they do not become victims of scammers who only want their money (the newbies).

[Quidat]

Thousand way finding by scammer how to make people believing with their investing by using bitcoin as name of their project, the people just know only with bitcoin as best way for investing. But when scammer given promise about few percent profit every months they think most trusted project and become profitable when investing there. Easy way how to earn money without working and thinking make many people easy for believing thousand kinds of scam project investment, they have less knowledge actually with investment way were given daily profit few percent this big mistake and indicate as scam investment project.

they target people who don't understand what bitcoin is and how it works, they just know bitcoin is very profitable. Bitcoin is like a double-edged sword that can be a profitable investment tool and can be a tool for ponzi projects.

They are beginners will believe the promises of profits explained during the seminar, they seem to be brainwashed into believing that the project they are following is a profitable project.

We as people who are more knowledgeable must provide warnings and knowledge about the actual bitcoin, so that they do not become victims of scammers who only want their money (the newbies).

For us experienced users then we would definitely be aware on how things going and how it do works and even we do make or give out some warnings but still there
are people who are just too hard headed and pushes up on something that they do believe which we cant do anything about it but on the time that they would
be fucked up and experiencing losses then this is the time they would really be crying and whining on why it is happening and to mind that they had been warned out
that thats not how bitcoin works or entire crypto market.This isnt just talking about easy money dealing but rather the opposite.

[Finestream]

That's really nice, that you made a call and gave a clear explanation about P2P. Same as you, many people might be hearing the program and know what he said isn't perfect and they just ignore. You've done a good job correcting the person with the knowledge acquired from Bitcointalk. Everyone wants to do this and such activities will make people learn the truth about the market than the hype.

People will never correct what they hear if they also don’t know the facts about it. So it’s not that they ignore it, but maybe they hardly understand bitcoin that they don’t know what’s there to correct. It’s a good move actually that you raise your voice out and corrected the wrong information. Thanks to bitcointalk, if you keep on reading and learning from the forum, you will completely understand what is bitcoin and it’s real purpose in the financial market system.

[traderethereum]

That's because there are still many people who don't know crypto more clearly and most of them only know about investing in crypto for a project.
And unfortunately, this is used by scammers to attract them to join and in the end, they use their money and hope to profit from their investment.
If they could find more information from the internet, especially about people's ratings, maybe they wouldn't be fooled and could tell the difference between a scam and the real thing.
Hopefully, people will think twice before they join the seminar and don't spend money if they're not sure.

Scam schemes are mostly very similar and almost always based on human greed. Fraudsters always attract their victims with great profitability in a very short period of time. As always, free cheese is only in a mousetrap, you need to remember this. of course, if there was a desire to study more information before investing your money, to study what average profit and for what period you can get, then there would be more chances not to get caught by scammers.

Offering offers to get huge profits in a very short time convinces many people to join the scammers.
And in the end, those who join can only regret doing so and not further investigating the offer.
Nowadays, we can find more information through the internet because there are already many people who assess a program or project so that it can help us avoid being scammed.
If we can be careful and observant in looking for that information, we can know which programs or projects are fraudulent and which are really good.

[jhonjhon]

Recently, we have observed these so-called investors misleading people about rapid profits from investing in Bitcoin. They are either soliciting money or pushing an exchange. When I wanted to learn more about bitcoin, I preferred viewing videos on the internet or YouTube since there were many influencers there who had various perspectives and from whom I could also learn new things and get helpful tips.

[Cling18]

Recently, we have observed these so-called investors misleading people about rapid profits from investing in Bitcoin. They are either soliciting money or pushing an exchange. When I wanted to learn more about bitcoin, I preferred viewing videos on the internet or YouTube since there were many influencers there who had various perspectives and from whom I could also learn new things and get helpful tips.

It isn't advisable to rely on the opinions and advice of influencers on Youtube simply because they could release false information to deceive their viewers especially if they're advertising or offering a service, project, or product that will benefit them in return. Influencers are just making money regardless of the type of information that they're sharing so we should do our own research instead.

[BITCOIN4X]

It isn't advisable to rely on the opinions and advice of influencers on Youtube simply because they could release false information to deceive their viewers especially if they're advertising or offering a service, project, or product that will benefit them in return. Influencers are just making money regardless of the type of information that they're sharing so we should do our own research instead.

You are not completely right because I think there is some information we can take from their trading knowledge and experience although in the end you will have to do your own research. Not believing 100% is true, but if you don't try to learn from the experiences of others, it's wrong.

You can assume that everything that other people share visually, in writing or otherwise about investing and trading is not good financial advice, but rest assured you can also gain additional knowledge from them especially about new things that you haven't fully heard of and your responsibility is to filter that information properly.

[Smartvirus]

For some of these guys that seems to be interested in organising these seminars, I wonder what is really the motive at times. Do they really care about aiding the masses and taking them off poverty or they just want to sell them there trade and make money off them. I think the later is often the case and that is, making money of them. Why? Knowing that these persons aren't buoyant simply means, you could give them these educations for free. Getting money of them or beaconing on them to invest is sme indication that, you might not be getting it together on your trades.
Yeah, nothing goes for free but, you can as well offer some humanitarian service.

[KennyR]

For some of these guys that seems to be interested in organising these seminars, I wonder what is really the motive at times. Do they really care about aiding the masses and taking them off poverty or they just want to sell them there trade and make money off them. I think the later is often the case and that is, making money of them. Why? Knowing that these persons aren't buoyant simply means, you could give them these educations for free. Getting money of them or beaconing on them to invest is sme indication that, you might not be getting it together on your trades.
Yeah, nothing goes for free but, you can as well offer some humanitarian service.

In most cases these seminars are a way to create connection to new business. Initially people are given some information about the existence of bitcoin. Further slowly they're engaged into business and other investments connected. In my country the recent trend is usage of cryptocurrencies on MLM schemes, that means the referral value gets added in terms of cryptocurrency of your choice and paid after specific number of referral joining.

[AakZaki]

Citing those instances, only it leads to the spreading of wrong information and even ruins the image of the entire crypto market. This is the reason why some people don't trust crypto anymore due to their unforgettable experiences (losses/scams) which makes them think that crypto is a Ponzi scheme.
I'd never find it wrong to attend seminars but it is also important to analyze if they are doing it right and telling the right things about crypto, not just speculations, it needs facts as basis.

it's not wrong to attend a seminar with a crypto theme or something, we can do an analysis so we don't get caught up in a project that we don't even know about. For those beginners who join crypto will not be able to distinguish which is really crypto and which is a misleading project. I'm sure many people have been fooled by scammer projects under the guise of bitcoin knowledge seminars or other, they are only good at playing with words to get people interested and invest in the platform they created and they scammers will get a lot of profit and run away just like that when many joined without any clarity.

[jrrsparkles]

Its good to hear that something about decentralization is getting broadcasted on air platforms but I am more concerned about the investment scheme he was talking about, we actually don't know whether its really decentralized or not so how can a naive person who is hearing it first can be aware of that even when its broadcasted by the popular channels? They just believe everything that has be stated there.

[Rufsilf]

Finally. Then I thought to myself. The Knowledge getting from Bitcointalk is enough for me. They can't deceived anymore. I have learned and known. See    
My First Encounter/Experience With Crypto-Currency (Bitcoin) 2015

This is the best benefit we get from here as the forum itself helps everyone to know more about Bitcoin and how it works. And all the experience we have seems to be our guide for the next step and the long journey we have to encounter. As we encounter different personalities with different market opinions, we know already what is right and what is wrong, and we know how to adjust the situation especially in dealing scam.

[pawanjain]

For some of these guys that seems to be interested in organising these seminars, I wonder what is really the motive at times. Do they really care about aiding the masses and taking them off poverty or they just want to sell them there trade and make money off them. I think the later is often the case and that is, making money of them. Why? Knowing that these persons aren't buoyant simply means, you could give them these educations for free. Getting money of them or beaconing on them to invest is sme indication that, you might not be getting it together on your trades.
Yeah, nothing goes for free but, you can as well offer some humanitarian service.

In most cases these seminars are a way to create connection to new business. Initially people are given some information about the existence of bitcoin. Further slowly they're engaged into business and other investments connected. In my country the recent trend is usage of cryptocurrencies on MLM schemes, that means the referral value gets added in terms of cryptocurrency of your choice and paid after specific number of referral joining.

In many cases, the people hosting or conducting these webinars have some kind of selfish motive behind the webinar.
In most cases that I have seen, at the end of these webinars they tell the users to go through some kind of subscription or something that involves a payment.
There are also people who conduct webinars just to scam others.
I think very few of them are genuine and wants to educate others.