Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[Balint098]

As it turns out, the possible factor that caused Bitcoin price dip lately was a massive sellout by PlusToken, a huge ponzi scheme based in China. On Saturday, they liquidated a whooping 13,000 BTC (worth about $120 million before the price crash), this triggers the recent bitcoin price dip. According to a report by some Crypto news outlets, PlusToken is responsible for over $2 billion damages in cryptocurrency-based scam.

 

[Bilalgul]

There must be something that can keep a check on this ponzi schemes because that scan sites have done a lot of damage to many poor people

 

[Balint098]

There must be something that can keep a check on this ponzi schemes because that scan sites have done a lot of damage to many poor people

I wish that could be done somehow yeah. But even here on this very forum, people are willingly try out HYIP site just for small profits.

 

[SCAMEXPOSER]

As it turns out, the possible factor that caused Bitcoin price dip lately was a massive sellout by PlusToken, a huge ponzi scheme based in China. On Saturday, they liquidated a whooping 13,000 BTC (worth about $120 million before the price crash), this triggers the recent bitcoin price dip. According to a report by some Crypto news outlets, PlusToken is responsible for over $2 billion damages in cryptocurrency-based scam.

This will surely cause a damage to lots of people who had invested earlier before this date with the hope that the price will kick positively. Those people or exchange sites with huge amount of bitcoin are true influential people in bitcoin prices ,I will there could be insider to relate to small investor whenever they decide to flood the market.

 

[Balint098]

The bitcoin prise is starting to recover back to normal, so those investor should get back their investment as long as they don't give up too early.

 

[Masakodi]

As it turns out, the possible factor that caused Bitcoin price dip lately was a massive sellout by PlusToken, a huge ponzi scheme based in China. On Saturday, they liquidated a whooping 13,000 BTC (worth about $120 million before the price crash), this triggers the recent bitcoin price dip. According to a report by some Crypto news outlets, PlusToken is responsible for over $2 billion damages in cryptocurrency-based scam.

Finished reading your thread. any steps taken so far against PlusToken? This is a big scam that affected many cryptocoins. Crime like this should have some punishment.

 

[Balint098]

Finished reading your thread. any steps taken so far against PlusToken? This is a big scam that affected many cryptocoins. Crime like this should have some punishment.

China is not really known for its strong justice system AKA they don't care as long as hackers there can hurt western-based investors.

 

[westmania]

China is not really known for its strong justice system AKA they don't care as long as hackers there can hurt western-based investors.

Sad to know how they passed these crypto scamming. As a lot of crypto business faced harmful condition because of PlusToken they must be taken under judgement.

 

[Monetizeit]

As it turns out, the possible factor that caused Bitcoin price dip lately was a massive sellout by PlusToken, a huge ponzi scheme based in China. On Saturday, they liquidated a whooping 13,000 BTC (worth about $120 million before the price crash), this triggers the recent bitcoin price dip. According to a report by some Crypto news outlets, PlusToken is responsible for over $2 billion damages in cryptocurrency-based scam.

That is some really huge amount and to think that they collected all of it from the people by the means of a scam! And yes that dilution could actually have triggered the beerish market

 

[AlexCryzek]

As it turns out, the possible factor that caused Bitcoin price dip lately was a massive sellout by PlusToken, a huge ponzi scheme based in China. On Saturday, they liquidated a whooping 13,000 BTC (worth about $120 million before the price crash), this triggers the recent bitcoin price dip. According to a report by some Crypto news outlets, PlusToken is responsible for over $2 billion damages in cryptocurrency-based scam.

Shame china did it ! I was in fear how PlusToken made such gigantic impact on other cryptocoins! This willbe terrible if again similar thing happens. Very bad for investors then.

 

[Balint098]

Bitcoin price will always be fluctuating, it's normal.

Shame china did it !

It's not really China's fault. Scammers are existing all over the world. Though, China does partly be responsible since their country's regulation is weak.

 

[AlexCryzek]

Bitcoin price will always be fluctuating, it's normal.



It's not really China's fault. Scammers are existing all over the world. Though, China does partly be responsible since their country's regulation is weak.

So do you know which other countries are involved in this scamming? I guess their (scammers) identity still not revealed. Can a wallet turn to scam ? I think easily it can.

 

[Balint098]

So do you know which other countries are involved in this scamming?

It's not countries, it's just a group of cyber criminals.

I guess their (scammers) identity still not revealed.

They use Crypto Mixer service to cover their transaction traces. It's hard to track them that way.

Can a wallet turn to scam ? I think easily it can.

You mean hot wallet AKA online wallet? Maybe, there's no way of telling.

 

[Sediolas]

They use Crypto Mixer service to cover their transaction traces. It's hard to track them that way.

Mixers are dangerous threats for hacking with untracable transactions. In some cases mixer companies earn well adding a degree more in transaction safety.

 

[Brain]

Finished reading your thread. any steps taken so far against PlusToken? This is a big scam that affected many cryptocoins. Crime like this should have some punishment.

The question is can they be tracked, because alot operate anonymously and their identity hidden. But that's a characteristic of a Ponzi scheme it leaves a lot of damage has it goes.

 

[Balint098]

Finished reading your thread. any steps taken so far against PlusToken? This is a big scam that affected many cryptocoins. Crime like this should have some punishment.

Some news sites say that a handful of the scam group leaders have been arrested by Chinese authorities and that they also stashed some Ethereum in their wallet.

 

[silentwatch]

And how do the goverment can fo for it?
This why ponzy scheme base on crypto is so fully of risk and can make global issue like this one.. Hope this will pass away

 

[Masakodi]

Some news sites say that a handful of the scam group leaders have been arrested by Chinese authorities and that they also stashed some Ethereum in their wallet.

Thats good at least they could arrest some scammers. I believe plustoken is not the only thing there are more attempts may be we just didn't know as they didn't come on media trend.

 

[Coolvibez]

This is why I don't like investing on ponzi's , I think those people who invested such amount of money would be regretting it by now . And I think other people should learn from their mistake .

 

[Coolvibez]

This is why I don't invest on any hyip

Some news sites say that a handful of the scam group leaders have been arrested by Chinese authorities and that they also stashed some Ethereum in their wallet.

Its good to hear that those fraudsters have been arrested, I think those people should be really prosecuted for stealing such a huge money , and those money should be recovered if possible it can be.