A news from ABS-CBN, a Filipino Media and Entertainment Group.
MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.
Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.
What are your opinions?
Another negative news for bitcoin from that station. I don't really believe what they are broadcasting because they are biased and most of the time they are not researching well at the topic. They simply jump to conclusions and sometimes people are making fun out of them.