Quote from: Wildwest on December 29, 2018, 06:57:58 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)

I don't know why people are so interested in this ponzi scheme. Even though they are given a lot of benefits without doing much, the end of this scheme is to do a scam. Usually this scheme does not last long.

People getting interested due to greediness, as this ponzi scheme comes with sugar coated , that this greedy peoples dont see the clear logic behind this scam and just get scammed and then cry of getting scammed.