Bitcoin dips below $10,000 for first time since December
A MUST read if you're tempted to get involved in Bitcoin.
Don't be taken in by the hype and bogus posts about no brainer huge Bitcoin returns.
It is little more than a means of laundering money. A means that requires an endless stream of new money to work. Why else do you think so many dubious websites are promoting it?
HSBC was caught and found guilty of knowingly laundering over $400bio in crime proceeds in 2010. Bitcoin and its anonymity is essentially the perfect vehicle to replace HSBC's operation.
There has been over 1,000 arrests globally in the last year for Bitcoin related fraud offences.
Many were simply money laundering 'mules'. People that opened accounts and who's funds were involved in transactions to launder money.
FYI they won't be receiving any of their own money back.
Sure, some will have made fortunes from this, but like pyramid schemes and Ponzi schemes, only those first in make the big bucks.
Whereas if you 'invested' in December last year you would have lost 50% of your investment already.
Buffet is right. There is an almost certainty that Bitcoin will end badly.
Thank you for posting
Thank You All .
People who used a Credit Card to buy Bitcoin and now that first interest payment is due. #Bitcoin
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just fake news soon bitcoin will come back and will go very fast by 20k already Rebuilt $ 2500 in just 12 hours
You're really simplifying the issue. Bitcoin and blockchain technology is really more than just a way to launder money.
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Hello.I present you my method of earning free crypto:)
Ok so here is my method.I use it and i got good results and i would like to share it with you.
Here are the steps.
1)Make a Coinpot wallet here: https://coinpot.co/
Wy a coinpot wallet? Because it lets you withdraw instantly from the faucets i will be presenting you.On other faucets you need to gain a quantity of cryptocurrency to withdraw.Here you withdraw each 5 minutes DIRECTLY to your wallet.
2)After you have made your wallet with your mail adress you sign up with that mail adress to the websites below.It will sync it with your coinpot wallet so you can withdraw instantly.
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THERE ARE THOSE WHO EXPECT THEIR RISE TO RECOVER YOUR INVESTMENT