A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Online, offline, email, or postal. If you know of or encounter a scam, this is the place to let people know about it. If you have any questions, you can post here and have your question answered by people who are knowledgeable about all types of scams. If you have fallen for a scam, you can post your experience here to warn others.
AITA for laughing at my sister after she fell for a bitcoin scam?
So, my sister(17F) fell for a bitcoin scam. I(16M) after finding out just started to laugh uncontrollably. She was being an idiot and got scammed that way. She supposedly went on twitter and found an Elon Musk bitcoin scam which is extremely common. She somehow decided to send a thousand dollars worth of bitcoin to this address in hopes of getting a Tesla. How idiotic is that; a person who buys bitcoin has to know if all the scams that happen with an irreversible currency. She’s calling me a prick and an asshole for not helping her. The thing is, she can’t be helped. Bitcoin is not reversible and no bank is willing to insure her wallet. So, AITA?
A 17-year-old teen and two other 19 and 22-year-old individuals have reportedly been arrested for being the alleged mastermind behind the recent Twitter hack that simultaneously targeted several high-profile accounts within minutes as part of a massive bitcoin scam.
I get tons of these emails, three just today. They claim to have hacked your computer and have nude pictures of you, that they will share unless you send them $800 or more to them via bitcoin. Here is my question. WHO would fall for this scam? Keep in mind they send these with fake email addresses so you can't reply to the scammer. What subset of human beings is gullible enough to fall for this scam, while ALSO being smart enough to know how bitcoin works, and know how to acquire $800+ worth? These scammer must literally make absolutely zero money doing this scam? Granted all they have to do is send out as many of these spam emails as they can. But still, they must get absolutely zero return on time-investment. Also sending the same people these emails 10x a day doesn't help either. Even if you would have fallen for this scam and you knew how to use bitcoin, unlikely as it is, are you going to send out a million dollars in bitcoin? I wish there were some way to fuck these guys over.
US arrests 17-year-old 'mastermind' Graham Ivan Clark in massive Twitter hack, Bitcoin scam. Have we left the "lone wolf" narrative for active shooters on to cyber hackers now? Does anyone actually believe this kid hacked Twitter all on his own?
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Blackmail Scam. Someone says they know about an alleged affair, or something else embarrassing to you, and demands payments with Bitcoin or another cryptocurrency in exchange for keeping quiet. This scammers might use threats, intimidation, and high-pressure tactics to get you to pay right away. This scam is purely a numbers game, where the perpetrators hope that by sending out enough emails they’ll scare enough people into sending them some Bitcoin. How to avoid Bitcoin blackmail scams Search online to see if other people are saying they’ve received the same email An unbiased research based on objectivity and rationality to prove Bitcoin is scam and fraud. 60,000 words of shocking revelations, based on 3 years of data collection and analysis. 50+ reasons to prove why Bitcoin is the second greatest scam in the history of mankind after free floating fiat paper currencies. Written and produced by a computer systems engineer (major in distributed systems ... The FTC uses the information it gets from people who report scams to keep close watch on trends, so we can alert you to changes. Here’s one: reports of Bitcoin blackmail scams have taken a big jump in the last few weeks. The emails say they hacked into your computer and recorded you visiting adult websites. They threaten to distribute the video to your friends and family within hours, unless ... This enables scam coins to present their initiatives with inflated traction metrics to make investors feel like they're missing out when it comes time for them to decide if they'd like to buy-in. Scam coins may also use the word Bitcoin in them in an effort to trick or mislead people into thinking there is a legitimate relationship.
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