Quote from: Darkelf11 on Today at 11:17:17 AM

Quote from: Chrystora123 on November 02, 2020, 06:28:22 AM

Quote from: mr_ROBOTT on November 01, 2020, 07:52:25 PM

snip..

The Ponzi scheme is not a new product, it has been around for a long time, it's just that the scammers took advantage of Bitcoin this time to launch their action. During this "PANDEMIC" period, many people started to become interested in cryptocurrencies, especially Bitcoin. I'm not worried about the members in this forum because it sure won't be easy to get into their trap, what I'm worried about are those out there, who are greedy and easily incited with "big profits and quick profits"..

Many people started to become interested in cryptocurrencies that is why the number of scammers also increased. They think of it as the best opportunity to victimize those people who are starting to get interested in bitcoin. Scammers can't only be found on social media but also some of them created a networking business platform that has the name of a cryptocurrency to attract more people when it comes to investing on their site. I'm also concern with those people who doesn't have enough knowledge to find out if it is a scam or not.

The pandemic urge people to find a source of income for them to survive on the current crisis and this one grabbed by those scammers since there are so many newbies are been much hyped to the possible profit what Bitcoin can give to them that's why we see so many forex trader/Bitcoin trade front use to fool newbies. I see so many scam victims by this scheme and maybe it's best for the other to learn a valuable lesson to those people who got victimized by online schemes.