Too much scamming in Bitcoin

[drippx]

Bitcoin is worse than fiat in terms of scamming

Because in bitcoin its tougher to get caught, once its gone its gone, with cash its somewhat recoverable

You mean if I get robbed, I can recover my lost money?

Sure like i said "somewhat" you get robbed and a few minutes later the popos catch him ... bitcoin once youre robbed i'd say the only chance is if the theif has a change of heart and sends the btc back

[tzortz]

Bitcoin is worse than fiat in terms of scamming

Because in bitcoin its tougher to get caught, once its gone its gone, with cash its somewhat recoverable

You mean if I get robbed, I can recover my lost money?

Sure like i said "somewhat" you get robbed and a few minutes later the popos catch him ... bitcoin once youre robbed i'd say the only chance is if the theif has a change of heart and sends the btc back

Similarly,  you could recover the ip intruded in your pc using a keylogger, for example, you can also trace somehow, maybe of course,  the person that had stolen you.

If you get robbed, doesn't matter if its btc or fiat, I believe its the protection similar in either case,  we always need to take.

[musings23]

I think the Bitcoin foundation should be putting out a clearer guide for Bitcoin starters, what's worrying is that even they don't seem to be certain regarding who is competent. To think MT GOX was a gold member is a bit of a joke, and seriously undermined their credibility in my eyes.

Even stuff like upgrading your Bitcoin Core software isn't as clear as it should be. There are a few too many leaps of faith for new Bitcoin users to be fully comfortable with. The whole thing should be idiot proof, Bitcoin foundation should be acting as that official portal, with how-to videos covering everything ideally. If there was a clear source of this kind of information, the scammers would have a lot less to work with.

[igorr]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

Bitcoin= scam = Fast money = Easy money of fools

[serenitys]

Bitcoin didn't rip anyone off. Someone ripped off bitcoin from other people.

So your statement is bullshit and both are not mutually exclusive.

[sosulon]

Bitcoin didn't rip anyone off. Someone ripped off bitcoin from other people.

So your statement is bullshit and both are not mutually exclusive.

Guess we shoudn't feed those who wants to start a flame war 

[tzortz]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

Bitcoin= scam = Fast money = Easy money of fools

Excuse me, but what are you doing here?

[igorr]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

Bitcoin= scam = Fast money = Easy money of fools

Excuse me, but what are you doing here?

earning money

[tzortz]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

Bitcoin= scam = Fast money = Easy money of fools

Excuse me, but what are you doing here?

earning money

How?

[leopard2]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

YES!!!!!!!!!! Couldn't agree more with OP

And you know what, I have heard the red part above from others too. Be it exchanges going offline or asking for too much personal info, or scammers on localbitcoins (SEPA wires mean almost 100% you will be scammed), it is SCAM-O-RAMA and newbies connect BTC with that in their minds.

Very frustrating and very bad for Bitcoins.

Bitcoin needs regulation, but not KYC regulation - antiscam regulation. I think we can have a look at Sharia compliant legislation concerning cryptocurrencies, or maybe, if Bitcoin is wild west, that would be a possible scenario: Hang them!!

This is a new field with brilliant potential for intelligent people, and what do lots of them do? Buy coins with stolen accounts, hack peoples wallets and so on  ---> need to be removed from gene pool ASAP  

The only good thing about KYC is that it makes it harder for that scum to cash out on a large scale...

[igorr]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

Bitcoin= scam = Fast money = Easy money of fools

Excuse me, but what are you doing here?

earning money

How?

Forex trading with leverage.

[tzortz]

First MtGox disapears with an BTC fortune and then Neo Bee. Besides them, there are countless mining companies that never refund their clients on empty promises. Sadly, in generall there is to much scamming going on in the BTC to get this mainstream! Noone want to get ripped off. Especially on his/her first encounter with BTC. And sadly, right now, too many people encounter a scam as their first encounter with BTC.

Bitcoin= scam = Fast money = Easy money of fools

Excuse me, but what are you doing here?

earning money

How?

Forex trading with leverage.

Are you high or something?

[johnyj]

People prefer to get protected and scammed by their big master, slowly but surely

In a decentralized world, they are not scammed by any body by default, but they have to learn how to manage the risk by themselves. To be honest, this is kind of inefficiency in a decentralized system, I don't know if it really provide better protection than a centralized system,  in a centralized system you get much better protection and much higher risk at the same time

[bryant.coleman]

Bitcoin= scam = Fast money = Easy money of fools

That is an over simplification. Yes... I agree party. Bitcoin owners who are too trusting, less intelligent and having lower levels of computer knowledge are more likely to get hacked compared to others. But at the same time, we take proud comfort in saying to the general public that the Bitcoin is a currency for everyone, not just the high-IQ types.

[Light]

That is an over simplification. Yes... I agree party. Bitcoin owners who are too trusting, less intelligent and having lower levels of computer knowledge are more likely to get hacked compared to others. But at the same time, we take proud comfort in saying to the general public that the Bitcoin is a currency for everyone, not just the high-IQ types.

I really wouldn't equate intelligence with the ability to take the necessary precautionary measures to prevent loss of their BTC. While intelligent people may be more likely to read about how to have security in place - so too can a layman provided they aren't lazy/disinterested. Anyway, I wouldn't be too worried - most people using it at the moment are somewhat tech savvy and the corporations that support BTC in the future will help to babysit the people who are less knowledgeable in these matters.

[skooter]

Heh, it's amazing how naive some people still are.

A few months ago I found some noob who was having trouble with his wallet and was dumb enough to let me have remote access to his computer.

You can guess what happened after that.

[sosulon]

Heh, it's amazing how naive some people still are.

A few months ago I found some noob who was having trouble with his wallet and was dumb enough to let me have remote access to his computer.

You can guess what happened after that.

Found some stash of homemade porn?

 

[Bit_Happy]

Heh, it's amazing how naive some people still are.

A few months ago I found some noob who was having trouble with his wallet and was dumb enough to let me have remote access to his computer.

You can guess what happened after that.

You stole his wallet, or helped teach him how to be more careful after fixing his problem?

[bryant.coleman]

You stole his wallet, or helped teach him how to be more careful after fixing his problem?

He probably stole all of his coins, just like 90% of the Bitcoiners. That is why most of the people don't want anything to do with Bitcoins or people who deals with crypto-coins such as BTCs and LTCs.

[tzortz]

Heh, it's amazing how naive some people still are.

A few months ago I found some noob who was having trouble with his wallet and was dumb enough to let me have remote access to his computer.

You can guess what happened after that.

The guy is a troll.

He makes threads left and right for scamming.