Quote from: charlemagne_15 on May 17, 2018, 11:43:03 AM

Quote from: kjnfmplm on April 11, 2018, 11:19:59 AM

I just watched a news about Bitcoin scam here in the Philippines a little while ago that aired on the national television. A couple scammed almost 1 Billion Php (19,260,000$) to 50 Filipinos by the use of pyramiding scheme. What will be the impact of this news to the Bitcoin investors in the Philippines? Will it decrease?

I think that it will have a big negative impact in the reputation of bitcoin in Philippines. Since it aired on the national television and almost all Filipinos can see it, some of the future investors will be frightened to invest in bitcoin. And that will decrease the potential bitcoin users worldwide.

http://cnnphilippines.com/news/2018/04/10/bitcoin-scam-pnp.html

I also watched and heard that news. At first, bitcoin in the Philippines has a good opinion and image byt after that news that aired in national television I think people will now doubt and hesitate to engage in bitcoin. The population of bitcoiners will decrease and the investors also. The people now in the Philippines will think bitcoin is a scam.

We have a good reputation in our country since the demand is increasing as the day is passing by, so for sure that Philippines is one of the top country who has a lot numbers of investors/users since it is already widely known in our country, even a teenager are already accessing it.