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Author Topic: Re: i'm glad there are so many scams and frauds  (Read 4202 times)
SirChiko (OP)
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June 28, 2014, 03:51:38 AM
Last edit: June 30, 2014, 01:30:02 PM by tysat
 #1

You have to be really ignorant with no researching and knowledge to fall for phishing sites, e-mail spam etc...


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Ron~Popeil
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June 28, 2014, 03:56:15 AM
 #2

I have gotten an education from reading the stories on this site for sure. I don't trust anyone but myself with my bit coin.

rext
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June 28, 2014, 06:21:57 AM
 #3

As long as you don't transfer the bitcoins out, keep your wallet safe, you should be generally fine.
maurya78
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June 28, 2014, 07:18:38 AM
 #4

Another benefit is that the scams help keep the btc price under control enabling more new adopters to get in reasonably cheaper
Onwards and upwards...

LiteCoinGuy
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June 28, 2014, 10:00:47 AM
 #5

you can´t argue like that when you want mass-adoption.

franky1
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June 28, 2014, 11:38:33 AM
 #6

I'm not "glad" that there are scams. However, there is a positive effect, which is inoculation of the system.

As scams happen, and businesses fail, and trust is tried and tested and broken, it builds the resolve and resiliency of the system.  Just as a society never exposed to any virus may be wiped out at the first appearance of one, so too an economy never exposed to fraud/failure is more susceptible to a massive disruption when one arises.

You can also think of this in terms of natural selection. Weak businesses and people will lose their money, the strong will earn, keep, and build with it. Capital tends to move toward its best caretaker in a free market (though it's not a straight line to get there - many bumps and regressions along the way).

great explanation, a small dose of a biological virus can be used as a vaccine to cure an epidemic before it spread.

but the thing i and you may both agree on, is to not allow such nasty things to grow. meaning no one should foolishly put their life at risk entering a hazard zone. by this i mean do not put your whole life savings or full bitcoin hoard into unknown third parties

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
Meuh6879
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June 28, 2014, 11:54:53 AM
 #7

I'm not glad that there are so many scams and frauds.

people is idiot ... they always think that an anonymous can make you rich.
human must evolve ... with bitcoin, if they loose, they learn.
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June 30, 2014, 01:37:57 PM
 #8

there are so many scams and frauds cause ppl are idiots

easy targets, easy money =  more scammers and fraudsters

I'd *think* that your typical bitcoin user is a bit more intelligent then the avg facebook user... but I wouldn't be surprised if a good one out of every three or four of those ppl have compromised passwords
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June 30, 2014, 02:21:00 PM
 #9

There are many scams and frauds in life period, not just bitcoin, but it's usually always greed + stupidity that is the cause of being scammed.

Bow down, bitches.
giveBTCpls
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July 14, 2014, 11:52:01 PM
 #10

The amount of scams that are done to steal your fiat money is a 99% against 1% BTC which is still in alpha tier development. Scammers gonna scam. With regulations you could tell the police, but the dilemma arishes: Is said regulation beneficial considering the cons that would come for the BTC ecosystem?

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July 15, 2014, 07:14:03 AM
 #11

I have gotten an education from reading the stories on this site for sure. I don't trust anyone but myself with my bit coin.

As long as you don't transfer the bitcoins out, keep your wallet safe, you should be generally fine.

True, but sometimes one needs to sell and that is when one has to trust someone else with their bitcoin, even if it is an escrower or an exchange.

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July 15, 2014, 12:00:14 PM
 #12

There are a lot of scams and frauds because people who need money see potential in it!
It's only my opinion!
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July 17, 2014, 01:27:26 AM
 #13

Stupid people will get scammed, doesn't matter if they lose bitcoins or fiat money, they'll manage to lose it anyways. Some gamble, some invests in schemes to get rich, others think they can download money generators, or use scripts to fool casinos. Those people are doomed as soon as they get internet access, sadly.

Zyborg
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July 19, 2014, 11:59:07 PM
 #14

you can´t argue like that when you want mass-adoption.
I fail to see why we'd want mass adoption from idiots who'll cry when they get scammed.
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July 26, 2014, 05:32:59 AM
 #15

True, but sometimes one needs to sell and that is when one has to trust someone else with their bitcoin, even if it is an escrower or an exchange.

which is when you have to be extremely careful.
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July 26, 2014, 04:15:43 PM
 #16

It's a big problem if you get scammed
Don't let money obscuring the eyes
Dread Pirate Roberts
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July 30, 2014, 08:07:54 AM
 #17

yes a lot of hackers attact to steal data . money in bitcoin . investment and games . with virus . phisinng a
and a lot way to get it all
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July 30, 2014, 08:37:17 AM
 #18

and nobody takes responsibility for scams related to bitcoins Undecided
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July 30, 2014, 08:44:06 AM
 #19

Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?
zahra4571
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July 30, 2014, 08:50:56 AM
 #20

and nobody takes responsibility for scams related to bitcoins Undecided
How can it take, when your already know in the beginning when you deal with BTC what can happen, btc cant be controlled where its gonna end, it always go anonymously from one to another address and you cant find out which one is owner.

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