BIT COIN

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busby

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Just noticed a BIT COIN ad on the side of a page on here..Has anyone invested in this Crypto Currency and actually made any money...According to the ad The DRAGONS are all over it,,Dont remember seeing that on TV. BUSBY:xsmile:
 
Different dragons I suspect, more likely sharks after a killing.
It's a brave man who put money into bitcoin.
 
I know two people that have put money into crypto and both have lost out :rolleyes:

Think I’ll give it a miss, it’s far more comfortable sleeping on it :D

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I would be annoyed on seeing any side adds on a site I paid for... I use ad-blockers and I'm paid up like you...
I'm surprised... or drunk :xeek:
 
Some folk made some money,some folk lost some money,‘‘twas ever thus.
Never invest in anything that you do not fully understand.
 
busby said:
Just noticed a BIT COIN ad on the side of a page on here..Has anyone invested in this Crypto Currency and actually made any money...According to the ad The DRAGONS are all over it,,Dont remember seeing that on TV. BUSBY:xsmile:
Click to expand...

The specific currency in the advert mentioned in the original post is a scam. Google ‘bitcoin dragons den investment’ for more information.
 
Podney said:
Some folk made some money,some folk lost some money,‘‘twas ever thus.
Never invest in anything that you do not fully understand.
Click to expand...

Typically the founders and early adopters....just think of how many places accept crypto currency outside of the darkweb... M&S .. John Lewis... I think not ..
 
h1ghway1 said:
Typically the founders and early adopters....just think of how many places accept crypto currency outside of the darkweb... M&S .. John Lewis... I think not ..
Click to expand...
Sorry, I don’t understand what point,if any, you are making.
Happy to be educated......

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Definate scam. Deborah meadon has even put a warning on her website. She was quoted in the scam as having been an interested dragon....
 
Search google for Bitcoin price chart to see what's happening with it, like most things it's heading downward at the moment, you pays your money and takes your chance. personally I wouldn't, but i'm not you. Had we been there at the start we might be very rich now.:xsmile:
 
I'll start off saying the same thing I say to anyone investing in anything, stocks, forex, crypto or otherwise.... Always do your own research and never rely on anyone to give to all or even the correct info.

Whilst it's up to you to decide on whether you think that bitcoin or any other crypto is a viable or not, the dragons den advert that's been doing the rounds is definitely a scam, designed to decieve newly interested people and those looking to get rich quick.
 
I hold 3 crypto’s.

I am still ahead but I bought them to hold for 10 years plus just in case they do become the next big thing.

The Blockchain technology behind all of this is definitely not a scam considering the many multinational companies investing into and developing solutions with the technology.

It is less clear whether the Crypto coins themselves will succeed especially as a store of wealth and even if they did it’s likely the vast majority will fall by the wayside, leaving a few big winners.
 
Fed up of all the ads popping up on this forum I am on other forums and don't se any of that crap it you a subscribing member
Bill

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busby said:
Just noticed a BIT COIN ad on the side of a page on here..Has anyone invested in this Crypto Currency and actually made any money...According to the ad The DRAGONS are all over it,,Dont remember seeing that on TV. BUSBY:xsmile:
Click to expand...
The “dragons” and ‘bitcoin loophole’ is a very clever scam, if clever is the correct word
 
Podney said:
Sorry, I don’t understand what point,if any, you are making.
Happy to be educated......
Click to expand...

The first point I'm making is the early adopters got in at say 50p...
The second point is ... where can you spend those Bitcoins... I mean for the general population..
 
google adblock plus and install it to get rid of all the scam adverts
 
h1ghway1 said:
The first point I'm making is the early adopters got in at say 50p...
The second point is ... where can you spend those Bitcoins... I mean for the general population..
Click to expand...

Just some fun facts about Bitcoin from wikipedia.

In 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for 10,000 bitcoin

In 2011, the price started at $0.30 per bitcoin, growing to $5.27 for the year.

Todays price for Bitcoin appears to be $3879.53 and i believe at one stage it was over $19000. I bet Laszlo wished he hadn't spent his bitcoins on Pizza :D

I believe one of the reasons why there may be a demand for these is because apparently any transaction using bitcoin is untraceable because of the encryption used to prevent fraud.
 
TheBig1 said:
google adblock plus and install it to get rid of all the scam adverts
Click to expand...
forums at the click of a muse can stop all unwanted ads I am on another two forums as a full member and never see any googel scam ads
bill
 
ChrisL said:
apparently any transaction using bitcoin is untraceable because of the encryption used to prevent fraud.
Click to expand...

This is a common misconception for bitcoin. All transactions are "traceable" as they are linked and recorded an within the network.

Bitcoin offers pseudo-anonymity, i.e. if you take just one transaction from the network and don't know who sent or received it then it's relatively anonymous. However if find out someone's identity who owned the bitcoin in one of the transactions (say someone bought a car with it and gave their name and address) then you can start to track the ownership.
 
I have a good friend who invested heavily in them a few years ago. He now has a small fortune.






Although, I must admit, he started out with a Large Fortune:)

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Sabino said:
I have a good friend who invested heavily in them a few years ago. He now has a small fortune.






Although, I must admit, he started out with a Large Fortune:)
Click to expand...

A joke for all seasons... i never miss an opportunity to mock people who get sucked in buy stuff like this.
 
I did see the pitch on dragons den , it was an app they were interested in , the app monitored the value of bit coins then bought & sold at the rite time
 
Cheshirecat57 said:
Where did you see the pitch?
Click to expand...


On normal tv , think it was BBC1 , the app might have been called bit coin code ( can’t quite remember) , it seems loads of scammers are linking the dragons to their scam sites changing the name slightly
,eg Bit coin trader / bit coin loophole , there is lots on the net about it
, I even found one telling about all the scam sites & then directing you to his scam site , just can’t keep up with them lol
 

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