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Author Topic: Bitcoin Discussion  (Read 179668 times)

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #765 on: October 13, 2020, 09:45:05 AM »
Kate Winslet will produce and star in a new movie about OneCoin the notorious Ponzi style crypto scam that defrauded investors of some 5,15 billion USD.

Fake! will be produced for Metro-Goldwyn-Mayer and will be directed by Scott Z. Burns, who also will write the script.

OneCoin, which was founded in Bulgaria back in 2014, worked as multilevel marketing scheme, where investors were offered a revolutionary new crypto currency -  OneCoin, which was advertised as Bitcoin killer. In just a few years the OneCoin promoters attracted over 5 billion USD from investors all over the world - form the U.S. to China and from the UK to Uganda.

 

Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #766 on: October 13, 2020, 02:38:29 PM »
Kate Winslet will produce and star in a new movie about OneCoin – the notorious Ponzi style crypto scam that defrauded investors of some 5,15 billion USD.

‘Fake!’ will be produced for Metro-Goldwyn-Mayer and will be directed by Scott Z. Burns, who also will write the script.

OneCoin, which was founded in Bulgaria back in 2014, worked as multilevel marketing scheme, where investors were offered a “revolutionary” new crypto currency -  OneCoin, which was advertised as “Bitcoin killer”. In just a few years the OneCoin promoters attracted over 5 billion USD from investors all over the world - form the U.S. to China and from the UK to Uganda.

One day we will look back at all these "crypro" fads and ask why; how could people be so gaulible?  ::)

Regards,
HumbleTrader
« Last Edit: October 14, 2020, 11:10:09 AM by Humble Trader's Fx »
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline drunkfx

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Re: Bitcoin Discussion
« Reply #767 on: October 14, 2020, 07:41:14 AM »
Unfortunately many wanna-be investors are either don't realize that there is positive relationship between expected returns and  risk (or simply ignore this matter) or intentionally take high risk simply to try their luck. I think it is still possible to invest in Ponzi projects like OneCoin (because early participants are still winners) but we have to allocate small amount of capital to such ventures.

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #768 on: October 22, 2020, 03:17:34 PM »
Hopefully this movie will be popular enough to open the eyes of least some people, when it comes to Ponzi schemes.

Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #769 on: October 22, 2020, 03:44:58 PM »
Hopefully this movie will be popular enough to open the eyes of least some people, when it comes to Ponzi schemes.

I am looking for "serious" investors to fund an expedition to the Antarctic. The mission will be to drill for ice. The ice formed during the time after Noah's Ark landed on the "mountains of Ararat." This ice will be sold to all Bitcoin enthusiasts ( Mulitibillionairs) to chill their Champagne when they toast to BTC's 1 million dollar target.

 "A limited time offer"!.............

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #770 on: Yesterday at 03:35:00 PM »
The United States Commodity Futures Trading Commission (CFTC) has introduced a novel set of rules, dedicated to restricting the acceptance, storage and use of cryptocurrency assets by Futures Commission Merchants (FCMs). The reason cited behind the changes is that holding onto such assets possesses certain risks one of them is the vulnerability to hackers, which has recently been exploited in a breach that resulted in losses of $150 million for crypto exchange service KuCoin.

 

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