Dec 13, · The Bitcoin profit scam has now been formally branded as a scam and get-rich-quick scheme by the New Zealand Financial Markets Authority. It specifically mentions that the scammers are using false advertising tactics on Facebook whilst using the name of Jacinda Ardern, who happens to be the Prime Minister of new Zealand. Dec 07, · She was in good company. JPMorgan Chase CEO Jamie Dimon recently called bitcoin a "fraud" and suggested people who buy it are "stupid." Warren Buffett called bitcoin . Nov 09, · Bitcoin Profit Review: Is it a Scam or Legit? Bitcoin is one of the best performing asset classes of the past 10 years. One of the ways people are making money with cryptocurrencies is through trading. We review one of s most popular trading technologies, Bitcoin Profit.
Bitcoin profits scamBitcoin Profit Reviews | Read Customer Service Reviews of cryptodayly.de
So last Thursday, while waiting for a flight to Nashville, I pulled up a popular application called Coinbase that can be used to buy and sell bitcoin. News of bitcoin's rapid rise was everywhere, including on CNN. Related: What is bitcoin? For 15 minutes at the airport, I refreshed the price of bitcoin over and over, watching as it gained and lost hundreds of dollars in a matter of minutes.
I called out the price fluctuations breathlessly to my wife, who gently encouraged me not to be an idiot, before returning to her magazine. She was in good company. Are you trading Bitcoin? We want to hear from you. And yet bitcoin has climbed more than tenfold since Buffett's warning. Earlier this month, one college friend casually told me over drinks he'd made tens of thousands of dollars investing in another cryptocurrency.
He said he hoped it would be worth enough one day to buy a house. One hundred dollars, or 0. My wife's opinion of me has reportedly decreased by the same amount. Other cryptocurrencies have seen similar spikes, though they trade for much less than bitcoin.
There's a long list of factors people may point to in an attempt to explain this. Regulators have taken a hands-off approach to bitcoin in certain markets. Dozens of new hedge funds have launched this year to trade cryptocurrencies like bitcoin. The Nasdaq and Chicago Mercantile Exchange plan to let investors trade bitcoin futures , which may attract more professional investors.
Yet a key reason the price of bitcoin keeps going up is, well, because it keeps going up. Small investors like yours truly have a fear of missing out on a chance to get rich quick. And when the value of your bitcoin doubles in a week, as it did for me, it's easy to think you're a genius. But you can get burned assuming it will keep skyrocketing. Some investors have likened the bitcoin hype to the dot-com bubble.
Others, like Dimon, have said it's even " worse " than the Dutch tulip mania from the s, considered one of the most famous bubbles ever. As Buffett put it back in , "the idea that [bitcoin] has some huge intrinsic value is just a joke in my view. There's also no interest or dividends. Bitcoin serves as a new kind of currency for the digital era. It works across international borders and doesn't need to be backed by banks or governments.
I called my bank and they said they set up a DD like a Netflix. I registered on the platform and was directed to a broker called Banner-Peak. This I found to be incredibly awesome but I never have full trust in anything until I have a good reason to slowly begin trusting.
Anyway, I made a withdrawal request so I know this platform genuinely works but that was when the full shock was revealed. The accounts manager phoned and tried to cox me info investing more.
Eventhough my initial idea was to invest more I wanted to be certain before doing so so I insisted and insisted on making the withdrawal. Finally the accounts manager Sam told me I was going to get a call from a Frank which I did on the same day. This was on 13th May Frank said to me he was going to prepare some paperwork and will call me the next day, 14th May I have not heard back from Banner-Peak or Bitcoin Profit.
My constant emails have all been ignored. Contacts made through the 'Support' area on the website have also been ignored. You are better off donating to a charity than getting scammed by these shameless losers. Scam Scam Scam!!! However I asked him to send my initial investment back to me just to put me at ease. As soon as I suggested this he simply blocked my number and I never heard or could contact him again.
I still have not had my money back I have reported them to my bank and in process with the Police as there are no other contact numbers on there web site to reach them.