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Showing 8 of 8 results by GlamourBIt
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Board Press
Re: [2018-10-02] Cryptocurrency Scams Are Successfully Growing Thanks to Web Marketi
by
GlamourBIt
on 02/10/2018, 14:50:28 UTC
Crypto scams have largely spread across the world taking various shapes. Driven by one single purpose, fraudsters invent many tricks to lure naive investors into the nets of their malicious schemes. If a crypto company spends a lot of money on its advertisements, it is likely a scam.

Bitconnect Story

Last October, when the market was generally bullish, with Bitcoin at almost $6,000, investors were happily collecting revenue from rapidly rising virtual coins such as BTC, ETH, and BCH. However, even this generous profit was not enough for some people who wanted to get a guaranteed daily interest. Bitconnect provided them with such an opportunity.

The scam was detected and shut down, of course, but one important detail managed to hide from the police’s eye. It has been only recently figured out, that the fraudulent Bitconnect spent an enormous amount of money on advertisement. According to the chat logs, the company attracted millions of dollars, thousands of which were spent on Youtube bloggers and referral scheme with gifts. Furthermore, there is information from the leaked Skype chats of Bitconnect’s leading figures showing that in October they paid Google and Facebook $1,000 per day for ads. The number increased to $3,000 per day in November.

...
source: https://coinidol.com/cryptocurrency-scams-are-successfully-growing-thanks-to-web-marketing/

That's  OLD !!!!
Post
Topic
Board Speculation (Altcoins)
Re: how to manage losses?
by
GlamourBIt
on 02/10/2018, 12:48:37 UTC
how do you manage stress if you loss biggest amount because the value of.your token.is hitting down ..? in your opinion how diversify your investment in other alts to cope up your losses?
thanks in.advance..

By prevention, we don’t mean preventing taking trading losses altogether. That would be impossible. Rather, we refer to the fact that traders should do their best to prevent unmanageable trading situations and placing themselves in these precariously unfavorable scenarios.
Post
Topic
Board Altcoin Discussion
What Alt-coins To Watch In 2018 Q4
by
GlamourBIt
on 02/10/2018, 12:06:52 UTC
Guy's I'll d like to get some opinions and suggestions regarding investing in Altcoins...   please share your Ideas ...   Much appreciated
Post
Topic
Board Altcoin Discussion
Re: Pump And Dump - is it worth it ?
by
GlamourBIt
on 27/09/2018, 08:02:26 UTC
pump and dump is not something that scams you, a person doing pump and dumps and running a channel fooling others is what scams you. in other words you can make profit from pump and dumps as many of us  did last year in the altcoin market when we saw the pumps and bought in. but when you are new to the market and join one of these groups you will lose money because they will dump on you.
It is possible to profit if the Admin doesn't dupm before the target,  that's the problem with most of those groups -  the Admin  knows that the one who will be losing are actually the group members that following his target advise
Post
Topic
Board Bitcoin Discussion
Re: Halal or Haram Bitcoin ???
by
GlamourBIt
on 26/09/2018, 09:43:29 UTC
Halal or Haram   Huh
If Bitcoin BTC From the results Faucet, Mining, Nuyul, Giveaway, And Gambling placed in the same wallet  Huh
Please lightening and further explanation before astray Grin
Thanks before  Wink
Greetings HunterBTC

It is the same thing if you put the money that you earned from your job + things that you sold + things that you stole in the same bank account!
So basically, money from your job is halal and the other part that you stole are haram... So simple... just consider bitcoin as a currency  Smiley

Definitely Haram my friend.  Definitely.  Don't touch it if you want to ever see virgins in heaven.  

Haram Smiley LoL   you can donate it to AJWS Smiley
Post
Topic
Board Altcoin Discussion
Pump And Dump - is it worth it ?
by
GlamourBIt
on 26/09/2018, 09:24:51 UTC
Have you ever been scammed by Pumps /P&D / Pump&Dump?

Have you ever lost money to these channel Admins?
You tried pumps but only losing money?

Most of the Pumps are basically scams in my opinion . Admins running them buy coins at low price and sell it to you, normal members at super high prices.
It's close to impossible to earn money on Pumps...

Any one had a positive experience in P&D ?

Please share your story....
Post
Topic
Board Bitcoin Discussion
Re: Do we Need Central Banks?
by
GlamourBIt
on 26/09/2018, 08:50:42 UTC
we do require national banks for the control of the national money. furthermore, if the day comes that bitcoin will supplant the fiat cash, and everything is decentralized, these national banks will presumably be out of date.

Our modern monetary system is a system that creates money as debt.
If we had no debts in our global monetary system, no money could exist.
That’s a funny concept if you think about it.
The monetary system allows the banks to print money – and when I say “print money” I use this term very loosely, because the predominant amount of money today is created as digital debits and credits. So when we think of fiat money, most people think of paper money, but in reality most paper money doesn’t even exist. It’s just digital credits credited from central bank to regional banks to commercial banks and then to the various creditors and debtors in the system. So there’s virtually zero labour that’s being performed and banks charge consumers interest on this absence of labour.
Centuries ago, we used to call that usury and fraud. Today we just accept it as the way the system works.
Post
Topic
Board Bitcoin Discussion
Re: Best Cryptocurrency Memories.
by
GlamourBIt
on 26/09/2018, 08:41:38 UTC
my best memories when i saw the cryptocurrency market price increase together and i got huge profit when i trade my coin.

The best of my exp. so far was the TRX arbitrage  Binance-Liqui   on his pic the arbitrage was above 30% on my trades,  I was just runnig TRX from Liqui to Binance - made very nice profit !!!:) Smiley Smiley