Post
Topic
Board Bitcoin Discussion
Re: Proof of Keys is coming. One exchange is going to fail. Stay safe, take action.
by
raindropactual
on 13/12/2019, 01:27:27 UTC

I challenge the Bitcointalk community to make 2020's Proof of Keys the most impactful one yet. But it will take you reposting the writeup and raising awareness. Protect your fellow cryptocurrency friends from HitBTC's fraud.

This is the longest-running and possibly largest scale fraud that has ever taken place in our industry. This deserves your time, at least to skim through the post and share. Price talk can wait. If you're "in it for the tech" speak with actions, not words.

I understand that many people are really doubting the viability of the HitBTC exchange and this suspicion has been going around for years now. Though of course, the exchange is still doing good business some are already picturing a bleak future for this platform. Actually, this exchange is not on my priority list as a service provider because of a bad experience before and I do not usually make a lot of trades in there and just do it if there is no other choice (when a certain asset can only be traded in HitBTC). Will this exchange implode in 2020? Let's find out by just waiting.

The point is, every time you make a trade on HitBTC: you take a risk for yourself and finance a fraudulent operation. The article discusses this.

It's not just "suspicion" about HitBTC. The facts are all there. It's not just "bad experiences." It's data. And it's about things bigger than that trade you want to make: the health of our industry.