Post
Topic
Board Bitcoin Discussion
Re: PONZI SCAMS ARE STARTING TO RISE
by
Jose Rizal
on 22/12/2018, 16:12:46 UTC
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)

I agree with this, given that Bitcoin is starting to gain popularity again since the currency price is slowly taking its place now. Speculating 2019 will be a great year for everyone,  we are very aware of the things that happened in Bitcoin this 2018, and sadly it wasn't desirable thing that we are expecting, and scammers were also updated they were just looking for some prey to attack.