I am Seeing a Disturbing Trend in the World of Crypto-Currencies.
Over the last few months we have seen a massive surge here in Latin America about this scam coin called Onecoin. Those of us who are active in the world of Crypto-Currencies understand the ramifications of these tokens. They have nothing to do with Crypto-Currency but rather hijacking the technology in name only and using it to rob regular people of their hard earned income.
I don't think I need to talk much about Onecoin since there is plenty of articles about the illegitimacy of this scam token.
The Billion Coin Scam is Starting to Get Attention.
This one has me perplexed. How do people believe in this stuff? Watch this video and see every trick in the book to hook you with greed. The easiest way to attract the masses is through the emotion of greed and it seems to be working great. I was on a FascistBook thread that truly scared me. These people will do anything to make a buck.
Check Out This The Billion Coin Chart and Try Not to Loose Your Cool.
What I have noticed is that people who I thought were true Crypto-Currency enthusiasts are falling for this scheme. If you want more confirmation that The Billion Coin is a scam then go to the link on Bitcoin Talk.
I find it deplorable that people are pushing these tokens. Many of the people who are falling for these scam tokens are first time Crypto-Currency users. They hear about the success of Bitcoin and other AltCoins and get excited about new ground floor opportunities. The problem is that when one of these scams come tumbling down it will leave a mark on the whole Crypto-Currency world.