A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Pretty sure a family member of mine is being scammed via a trading/bitcoin site?
Basically an older member of my family read up about bitcoin, specifically a news article about a guy who invested £250 and 2 weeks later it turned into thousands of pounds so he very hastily signed up to a site called onlinemarketshare.com and deposited £250, It required him to upload some documents and personal ID, along with a picture of his bank card luckily with alot of the sensitive info blacked out, He then got phone calls daily who I presume was the stock broker? He isn't computer savvy at all so she got him to download some software that lets her access his computer remotely (i know wtf) Looks to me though that he has to give her a code before she connects and he can disconnect her at any point?? Anyway she will talk him thorugh where his money goes, pulling up charst and such, I think he said she could only invest 15% a day or something like that, Anyway she called him today asking him to invest more ($2000) he got cold feet and has tried to withdraw his money, However he can't just withdraw it, its come up as 'withdraw pending' and that a manager would phone him?? Eventually someone phoned from a completely different site called Active Brokerz looking for bank details, He was smart enough not to give anything to which he got in touch with me, after a quick google of Active Brokerz first thing that comes up is scam site, There's quite a few red flags that the whole thing is a scam, Whats throwing me is that he got the link to the site from a news article after he signed up for the news letter, surely a news website wouldn't link a dodgy site? However if it is a scam, what should our next steps be?
@BW: RT @kgreifeld: Rob Catalanello thought he'd seen it all after two decades in the FX market. Then he started trading Bitcoin. awesome piece by @VildanaHajric on FX veterans getting into crypto for @BW https://t.co/ZXzkvGsGyK
Bitcoin Trading Summary. Bitcoin trading is the act of buying low and selling high. Unlike investing, which means holding Bitcoin for the long run, trading deals with trying to predict price movements by studying the industry as a whole and price graphs in particular. Trading Bitcoin against the US dollar is known in market terms as the BTC/USD pair. You would invest in Bitcoin in the same manner that you would a physical currency – by buying low and selling high. Since Bitcoin is highly volatile, you will want to remain cautious and learn to identify the dip, to protect your assets. ... Trading Risks. Bitcoin trading is exciting because of Bitcoin’s price movements, global nature, and 24/7 trading. It’s important, however, to understand the many risks that come with trading Bitcoin. Leaving Money on an Exchange. Perhaps one of the most famous events in Bitcoin’s history is the collapse of Mt. Gox. In Bitcoin’s early ... Bitcoin trader is one of the most popular cryptocurrency trading technologies in the world. In this article we review the trading system to find out if its a scam or a legitimate way to make money trading bitcoin. Places to buy bitcoin in exchange for other currencies. Note: Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange.
How To Trade Bitcoin Cryptocurrency for Beginners - YouTube
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