Quote from: andika2018 on December 29, 2018, 12:15:56 AM

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)

Its happen in my country too. They inviting people with no knowledge about cryptocurrency to invest and they scam them. Its hard to stop this, because most people interesting with gain they promise. We should give knowledge to people about cryptocurrency because people will think crypto is a scam

As of now that the market is at falldown ,the Ponzi scheme is now active to invite investors while the market suffer so much price value of coins , they are starting to divert some investors while the market is quiet because of this dslldown season of the market.