Tag: BitConnect

A New Bitcoin World

Bad Cryptocurrency Projects Have Squandered Millions of Dollars

Bad Cryptocurrency Projects Have Squandered Millions of DollarsCryptocurrency scams take many forms. But one thing they all share is the goal of enriching their founders at the expense of investors. If a crypto project is “investing” a large portion of its capital into lavish parties, PR stunts and marketing, there’s a strong chance that it’s a scam. Also read: Debit Card Issuer Bitnovo […]

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September 28, 2018 0

The Best and Worst Cryptocurrency Investments for the First Half of 2018

The Best and Worst Cryptocurrency Investments for the First Half of 2018As far as cryptocurrency markets are concerned the last six months of 2018 has been the exact opposite of the 2017 bull run last year. A great majority of digital assets have lost between 60-90 percent of their values since the beginning of the year. Today we’re going to look at which crypto-markets performed the […]

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July 26, 2018 0

If You’ve Been Scammed Out of Cryptocurrency It’s Probably Your Fault

Scammers are a dastardly, low down bunch. Preying on the gullible, extorting the vulnerable, and hoodwinking the hoodwinkable with their promise of free bitcoin if you send a little first and daily interest on your Bitconnect loan. It’s an indisputable fact that if the cryptocurrency space were cleansed of scammers, the web would be a […]

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February 20, 2018 0

Facebook Bans Cryptocurrency Ads

Facebook Bans Cryptocurrency AdvertsFollowing persistent complaints about spammy and fraudulent cryptocurrency ads, Facebook has issued an outright ban. As of a new ruling issued on January 30, “ads must not promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, or cryptocurrency”. The move is sure […]

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January 30, 2018 0

Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Autopsy of Bitconnect: Ponzi, Centralization, GovernancePonzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie […]

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January 19, 2018 0

10 of the Biggest Lies Told About Bitcoin

10 of the Biggest Lies Told About BitcoinAs British Prime Minister Benjamin Disraeli once averred, there are three kinds of lies: lies, damned lies, and statistics. Bitcoin is frequently on the receiving end of them all, whether it’s exaggerated statistics about energy consumption or damned lies conflating it with terrorism. We’ve rounded up 10 of the most pervasive mistruths and endeavored to […]

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December 9, 2017 0

A Closer Look at How Three of the Biggest Scamcoins Lure Its Investors

Run-ups of the kind bitcoin is having in price and valuation make fertile ground for scams. Scams are valuable and very teachable moments. Skin in the game, by having plunked hard-earned cash down to see a return on investment, means vigilance and due diligence are musts.    Also read: GAW/Paycoin CEO Josh Garza Held Liable for […]

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November 5, 2017 0