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Thread: Is Bitcoin an imploding ponzi??...

  1. #201
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    Re: Is Bitcoin an imploding ponzi??...

    MTI’s fraud: a case study

    Regulating cryptocurrencies necessary for mass adoption

    Quote Originally Posted by Dan Schmidt

    Additional Scams

    Other scams include building an entire fake exchange, which is what happened with BitKRX in South Korea. Investors poured millions into the exchange because the promises of profit were so great. In reality, they were simply stealing money from their clients. South Korean authorities eventually shut down the unethical exchange, but not before investors lost millions upon millions in capital.

    Some scams don’t even involve stealing any crypto. A popular Bitcoin scam involves fake mining hardware, which is often expensive and difficult to find. Mining Bitcoin requires tremendous energy and computational power, so prospective miners often jump at the chance for cheap equipment. But after purchasing a supposedly state-of-the-art Bitcoin mining machine, the buyer often finds the power and efficiency have been vastly overstated — if the darn thing even works at all. Be cautious of anyone offering cheap mining equipment on eBay or Amazon.Top 5 Bitcoin and Crypto Scams in 2021 • Benzinga
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  2. #202
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    Re: Is Bitcoin an imploding ponzi??...

    TokenHell broker reviews, scam or legit?

    I can't say they're all scam/legit or some combination thereof as much as I will say this is smarmy "journalism" IMHO. More to the point why they recommend 20+ in what seems like the last month? Why not five best of breed like every other financial publication?

    Maybe something like this...

    1. Is the broker run on it's own server or a sever shared with hippies selling apples? If apples then NO
    2. Is the broker SIPC insured and insured against hacking losses? If NO then NO (SIPC won't cover cryto losses)
    3. Has the technology been reliable when I needed it. IF NO then NO.
    4. Do I know who owns and or runs the business? If NO the NO.
    5. Is the broker registered in the country where I do business? If NO then NO.


    All of the below reviews are rated 9 or better on presumably a 10 point scale? All that I clicked on had what looked like affiliate links.

    Coinbit Review - Is Coinbit Scam or Legit?

    Bitrue Review - Is Bitrue Scam or Legit?

    CoinEx Review - Is CoinEx Scam or Legit?

    itBit Review - Is itBit Scam or Legit?

    eToroX Review - Is eToroX Scam or Legit?

    https://tokenhell.com/coinbase-pro/

    https://tokenhell.com/itrustcapital/

    https://tokenhell.com/author/shelly-melancon/

    https://tokenhell.com/catex/

    https://tokenhell.com/nicehash/

    https://tokenhell.com/coinfield/

    https://tokenhell.com/crex24/

    https://tokenhell.com/coinbene/

    https://tokenhell.com/bitkub/

    https://tokenhell.com/bitbuy/

    https://tokenhell.com/nominex/

    https://tokenhell.com/bitvast/

    https://tokenhell.com/indodax/

    https://tokenhell.com/gokumarket/

    https://tokenhell.com/ecomarkets/

    https://tokenhell.com/ezdsk/

    https://tokenhell.com/author/adebayo-owotunse/

    https://tokenhell.com/jcmfx/

    https://tokenhell.com/xchangebit-io/

    https://tokenhell.com/author/bentley-kapoor/

    A loser in the lot???

    DISCLAIMER
    This website may have financial affiliations with some (not all) of the brands and companies mentioned on this website


    https://tokenhell.com/exchange-broker/
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  4. #203
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    Re: Is Bitcoin an imploding ponzi??...

    There's an old saying among scoundrels that you can't cheat an honest man. While plenty of honest people do get the shaft, many scams are designed to prey on people's greed and larceny.

    Quote Originally Posted by Bill Toulas

    Other users on the Lightshot platform are seeing the images with the ostensibly sensitive info, and if they take the bait, they will follow the URL shown to grab the unfortunate user’s assets.

    Taking the scammers’ bait is certainly a matter of being greedy, as these users are victimized while trying to victimize someone else. As such, they had it coming, and it served them right, but it’s still a good lesson for the rest.

    Scammers Tricking Rapacious Crypto-Investors With the Help of Lightshot | TechNadu
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  5. #204
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    Re: Is Bitcoin an imploding ponzi??...

    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  7. #205
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    Re: Is Bitcoin an imploding ponzi??...

    You could statistically set up trades to be 99% winners with one small and one big problem. The amount you win 99% of the time will be very small and the amount you lose on the 1% will be big. Enough to wipe out all your previous gains and then some. For many years 90% winners has been a common hook among woo peddlers touting option selling courses. Everyone seems to love teaching and selling bots more than they do profitable trading.

    I just modeled a 90% trade expiring next week, risk $49 to make $1. I'll pass.



    Quote Originally Posted by Evertise

    9Winz Reviews

    The robot appraises that its trade algorithms perform well at a 99 percent of accuracy rate.

    The base subsidizing sum is $200.

    9Winz Reviews 2021 - Scam App Or Legit in India?
    Quote Originally Posted by Scamadviser
    Even in massive bull markets this stuff happens all the time.

    XRP price - $420M in leveraged long traders liquidated after XRP rallies to $1.96 | Fintech Zoom - World Finance

    As does this...

    Quote Originally Posted by Eric Rosenberg
    According to a 2020 report, over a 15-year period, nearly 90% of actively managed investment funds failed to beat the market.

    Investment Pros Can't Beat the Stock Market, and It's Not Worth Trying
    It's your subsidizing sum, choose wisely.
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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  9. #206
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    Re: Is Bitcoin an imploding ponzi??...

    What has the world come to when you can't trust people offering hacking software?

    HackBoss malware is using Telegram to steal cryptocurrency from other hackers | IT PRO

    Altcoin Scam #1: The Classic Pump and Dump
    Top 5 Altcoin Scams to Watch Out for in 2021 • Benzinga

    These are Coinbase's biggest concerns about crypto-risks - AMBCrypto

    Madoff had this to say: "Everybody was greedy, everybody wanted to go on and I just went along with it.”

    Bernie Madoff fathered the mother of Ponzi schemes - The Week
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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