Re: PONZI SCAMS ARE STARTING TO RISE

Quote from: Pain Packer on April 13, 2018, 07:53:26 AM

Here in the Philippines, there's a rise in ponzi scams by using bitcoin to attract potential victims and it gives bitcoin a bad reputation. Many people are easily fooled by this scams because they are promised of a big return of investment when they invest on some people. I REPEAT, not on bitcoin BUT ON PEOPLE. Here a sample link:

http://www.gmanetwork.com/news/money/content/649487/more-bitcoin-scam-victims-surface-claim-billions-in-losses/story/

#From GMA News Site (Legit News Agency in the Philippines)

Yeah you are right, some people are making bitcoin looks a ponzi scheme because of scammers that are roaming around, not only in the Philippines but worldwide. They make use of bitcoin to scam others by means of investment. Me also had been scammed before by sites that promise to double your bitcoin/money for short time.