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Bitcoin 101: latest crypto scams

[vc_row][vc_column][vc_paragraph text=”Since it’s very appearance Bitcoin has become the subject of largest speculations of the our decade: the higher its value, the more public attention is attracted to the industry.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Crypto scams are gaining momentum” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The attractiveness of the most famous cryptocurrency has helped to enhance the trading volumes by attracting growing number of investors seeking for large profit and under the influence of market’s excitement that has pushed BTC price to historic maximums in December 2017.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”But unfortunately there are also some drawbacks of this inspiring story: in reality, BTC trading industry is still characterized by numberless scams such as fake ICOs that were so widely discussed in 2017 like BitConnectX. “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”There are hundreds of fraudsters trying to develop fake web-sites accompanied by breathtaking news to attract less advanced users promising they would get enormous profit.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The approaches used by scammers for attracting inexperienced traders are similar. First, they try to manipulate people making them feel some emotional engagement to get involved in the sheme.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Another reason that often pushes people into a trap is about fraudsters state woes. In their fake news Fraudsters argue that many, for instance, Italian VIPs, such as Vasco Rossi, Silvio Berlusconi, Giorgio Armani, Antonino Cannavacciuolo and Jovanotti participate in their project. These are just a few names of the large list of celebrities that have earned millions or even billions of dollars using the best known crypto system – Bitcoin. And when it comes to promoting scam projects, mentioning some famous people is the first sign of the fraudulent sheme.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Once the crooks have managed to attract investors, they ask to make a minimal deposit amounting to €200-250 that is necessary to get access to the ‘magic’ software or innovative systems that are for some reason unavailable on the market.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Scammers often encourage people to make additional deposits to get the maximum of the automatic trading systems’ advantages, convincing traders they would be rewarded.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Finally, fraudsters move the money they have attracted to offshore accounts to make them invisible and inaccessible for local jurisdiction that has no authority in crypto space.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”There is no need to get into detail of each of scam project conducted with the help of attractive and targeted marketing campaigns. But still we want you to know about the largest of them so that you would be more careful.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The following list includes the names of most famous and successful scammers:”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin Era;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The News Spy;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin Compass,”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin Rush;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin Lifestyle;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin Loophole;”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Bitcoin Circuit.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”The next Bitcoin having is expected to be in less than two weeks. So what should the market expect from this significant event? “][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”Will the BTC and other cryptos’ values set the new historic record as it used to in the past?”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”If so, fraudsters will likely try to take advantage of the situation and attract new industry players by all possible means. Be careful and keep your eyes open.”][/vc_column][/vc_row]