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How To Identify Bitcoin And Altcoin Scams

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Most successful businesses sometimes battles with hackers, scammers, pirates, etc. This is not different from what most Bitcoin investors and intended investors do experienced on a daily basis. From scam coins to mining rigs and contracts, there are a multitude of methods to steal your hard earned cash and pull the wool over your eyes. So how do you identify a Bitcoin scam. Well it's really difficult for anyone to know and the scam artists are becoming more clever. There are a lot of sites that compare mining contracts for Bitcoin, Litecoin and Ethereum - but they are rewarded by the scam artists for sending potential users to their sites. These comparison sites don't really mind running a fake advert for some scam artists as they get a share of whatever the victim hands over! They just quietly take the money and allow themselves to be led by the hand and not looking after their users. Related article: How To Make Money Daily On LUNO Bitcoin Exchange In 2014 and 2015 there has ...

Bitcoin Doubling: Is It Legit Or A Scam?

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Recently, I have been closely watching the bitcoin scam sites on TOR network that offer double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these people are really smart at luring innocent users and ultimately scamming them. For example, take a look at this website that I found on dark web. Nothing rocket science but just a simple looking landing page that describes what it does with proof. Looks very legit right? Unique exploit that will multiply your bitcoins, super fast service and transparent (with proof of payment). But guess what! Its a big SCAM, They are earning hundreds of bitcoins per day by exploiting innocent users and Nobody can do nothing about it, Since its on TOR network. Any Bitcoin multiplier scheme that tells you, your bitcoin will be doubled or multiplied X times within a few days or 24 hours is a pure scam. There is no way these guys are generating that amount of Bitcoins from nowhere. You may ask me, how can ...