Scammers!
So the Internet is pretty awash with scammers doing all kinds of things and as there is no regulation with Bitcoin they just get away with taking people's money.
So after being stung myself (having forgotten that Bitcoins give you freedom and that includes freedom to be an idiot), I set up www.ukbitcoinblog.com and I've been since going through some of these scam sites and looking at the code behind them and clues that they are in fact scams. (Even putting small investments into some). Not ONE site actually did what it promised.
What's surprising is how very bad some of the code is behind them, I found one where they had simply used a free ZOHO form on a free website!
What I'm really wondering (apart from the cloud mining sites I've found which I have verified are fine), is are there any investment sites that are not Ponzi schemes? Saying that of course banking is pretty much a Ponzi scheme, it's just such a big one that no one notices, using deposits from investors to support lending that they cannot ACTUALLY support if there was a run on the bank.
What I see in all these sites is a distinct lack of any kind of tangible product, some of them boast a UK Limited company, but that means absolutely nothing, you can buy one for 0.012 BTC and use it as a cover for your scammy activities.
So I suppose I'm asking if anyone has actually found any investment sites that take Bitcoins and not only work and pay out, but have been around for quite a long time. Most people investing in these scams KNOW they will die and get in as early as possible and in a sense become part of the scam.
Who will double your Bitcoins? No one, they will just take them and run and there is very little anyone can or will do about it. (except me)
Perhaps I should start wearing my underpants on the outside of my trousers?
P.s. I hope you like graphic!
