Quote from: pawlo74 on November 17, 2014, 02:06:22 PM

Quote from: fingertoe11 on October 28, 2014, 11:48:43 PM

Quote from: nwfella on October 28, 2014, 11:04:42 PM

Quote from: philipaedie on October 28, 2014, 09:05:39 PM

this is crazy I was looking up information on how to make money with bitcoin a few weeks ago,
came across Bitcoin Trader in some youtube videos, I was so close to putting some funds there.
I was thinking if its been around for a while then it must be ok,

Consider yourself very lucky. A friend and myself lost a fair amount of BTC to this sham for precisely the same reason. We figured if it had been around for over a year perhaps their claims of not being a HYIP had some credence. Boy, do we feel stupid.

Bitcoin the technology I still believe in whole heartedly, but it's this kinda crap that's keeping 96+% of the rest of the world from truly embracing this thing of beauty. Leave it to greedy, unscrupulous people to ruin the single most ingenious invention arguably in multiple generations (or at least peoples perception of it).

As for fund recovery, I'll be surprised if we see a single satoshi of our investment at this point as it appears the con behind this appears to be a verteran scam-artist. I feel bad for both mine and my friends lost satoshi's as well as anybody else that fell prey to this scam but honestly I'm more concerned what impact this will have on the 'general publics perception of bitcoin overall.

I am coming to the conclusion that most "Put you Bitcoin to work" businesses on the internet are scams. If they had a profitable business model, there is no shortage of Venture Capital money to fund operations. If they have to crowdsource 20 dollars per share, chances are the business model is "take the bitcoin and run" or "Collect huge salaries and live high on the hog until we file bankruptcy."

EARN 19.3% PER YEAR!
Put your Bitcoin to Work - Invest in Peer to Peer Loans

https://btcjam.com/landing/invest?utm_source=facebook-ads-investors&utm_medium=cpc&utm_campaign=2014-11-10-Investor-pages&utm_content=coins-notes

Coincident or another scam ??

btcjam is not a scam. But you borrow money to people you don't even know. So the task here is to borrow the money to the right people, who will eventually pay you back.