Bitcoin/Draons Den

[claret59]

I am constantly getting unsolicited full screen adverts on my computer purporting to be a genuine article in the Daily Mirror encouraging a investment in Bitcoin that has the written and 'verbal' support of the Dragon's Den team. It sounds and looks very persuasive and claims to have had startling results in money- making through 'investment' in Bitcoin. It is a scam and has been declared as such by those celebrities mentioned in the 'article' although I am surprised it has not had wider coverage/news items about its scam content. Apologies if this has been posted before.

[ClaretAndJew]

The subject of the claims change too, sometimes it's Dragon's Den, the next it's that chav who won the lottery then spent it all. I think it also claims to be on Holly and Phil's show.

[Imploding Turtle]

It's a scam. My dad "invested" before asking me about it. (this makes it my fault, btw)

[ClaretAndJew]

It's a scam. My dad "invested" before asking me about it. (this makes it my fault, btw)

Our Dad, IT, our Dad. He'll do owt for a quick quid.

[wilks_bfc]

Martin Lewis, the Money Saving expert, has also been “targeted”.

There were adverts on Facebook which stated that he endorsed it

[Leisure]

Just out of interest, has anyone on here actually invested in Bitcoin (or similar) and, if so, have you actually made any profit or loss?

[ClaretAndJew]

Just out of interest, has anyone on here actually invested in Bitcoin (or similar) and, if so, have you actually made any profit or loss?

When BitCoin was in it's Infancy I made around about 60 quid profit in literally 20 odd hours. I was too quick to sell and too scared it would go tits up to keep hold of it.

My friend, who posts on here, would have had hundreds of thousands in BitCoin but for a hack that happened around 7 years ago or so.

I think now, it's a tough one, because the outlay is more (as in thousands for a single coin) and it has been fluctuating like crazy lately.

[Imploding Turtle]

Mt Fox hack? (i forget the name exactly)

[Garnerssoap]

The technology is amazing and the possibilities endless. If it ever becomes user/moron (me included) friendly then it’ll change the world.
Probably won’t though

[ClaretAndJew]

Mt Fox hack? (i forget the name exactly)

I don't think so mate, I don't want to say the wrong thing but I know he was gutted about it at the time, I think it was a hack on the system he was using, rather than the wallets.

[Billy Balfour]

Dad, what's for tea, I'm very hungry?

Blockchain, son. Blockchain.

[Imploding Turtle]

The mods should merge this thread with the Sterling thread since they're both topics on currency scams.

[IanMcL]

I want to renew my Sportsmania but sadly,gave a mental block on Bitcoin, so am prevented.

[Milltown1882]

Long gone hype. The second you know it’s a hype you’re too late. The market was already broken on it the second it made it mainstream.

[NRC]

was doing OK, then was on a plane journey when the bubble burst last Xmas, so am now bag-carrying about $20k now worth cents on the dollar

[Newty]

My Grandad nearly fell for this a few months ago.

I got a text from him saying "Newty, got a very exciting investment opportunity for you! Will tell you more when I see you."
I bobbed round a few days later and he pulls up this website and tells me to take a look. I read about how this miracle new software has a special algorithm that allows it to be set off running automatically and it will buy bitcoin low and sell high and the science behind it is that good it actually predicts the future trends and buys/sells appropriately, etc. etc.
I see the Dragons Den stuff where one of the dragons was in disbelief at how amazing the software was, and how he had turned his £100 into £175 during filming that 20 minute segment, complete with convincing screenshots complete with a real embedded YouTube video of said dragon talking about the pro's of Bitcoin (notably not about this software, but my granddad struggled to understand the difference between the two).
I asked him about how he heard of it, and he said he received an email about it. I asked if he thought that was suspicious and he replied that at first he was but they talked about it on Holly and Phil's show 2 days ago and they both raved about it. I asked if he had actually watched the show, and he said no, but the website mentions it with the correct time and date that it aired, and he checked the TV guide and it matched up. Plus there's a picture of Phil and Holly looking in disbelief on the website.

I told him it was a scam and he was furious. First at me for not believing him, then slowly at himself as the realisation stepped in. It took him ages to believe me.
I find it sad that one of the most intelligent men I know can so easily be conned out of money due to his inability to understand todays world, technology and a seemingly ever growing naivety that has progressed with his old age. Its so concerning that all of the red flags that I saw he either didn't, or convinced himself otherwise.

The worst thing is he didn't get in touch with me for my advice as to whether he should do this or not, he was convinced that he should. He just waited so that I could join him in the opportunity and we could do this together. His good nature saved him the £100 that his naivety almost cost him (or worse, had his bank details got compromised in the process).

There are people out there who prey on the vulnerable, and we'll all be vulnerable one day when the times start to move too fast for us to keep up.

[cricketfieldclarets]

My Grandad nearly fell for this a few months ago.

I got a text from him saying "Newty, got a very exciting investment opportunity for you! Will tell you more when I see you."
I bobbed round a few days later and he pulls up this website and tells me to take a look. I read about how this miracle new software has a special algorithm that allows it to be set off running automatically and it will buy bitcoin low and sell high and the science behind it is that good it actually predicts the future trends and buys/sells appropriately, etc. etc.
I see the Dragons Den stuff where one of the dragons was in disbelief at how amazing the software was, and how he had turned his £100 into £175 during filming that 20 minute segment, complete with convincing screenshots complete with a real embedded YouTube video of said dragon talking about the pro's of Bitcoin (notably not about this software, but my granddad struggled to understand the difference between the two).
I asked him about how he heard of it, and he said he received an email about it. I asked if he thought that was suspicious and he replied that at first he was but they talked about it on Holly and Phil's show 2 days ago and they both raved about it. I asked if he had actually watched the show, and he said no, but the website mentions it with the correct time and date that it aired, and he checked the TV guide and it matched up. Plus there's a picture of Phil and Holly looking in disbelief on the website.

I told him it was a scam and he was furious. First at me for not believing him, then slowly at himself as the realisation stepped in. It took him ages to believe me.
I find it sad that one of the most intelligent men I know can so easily be conned out of money due to his inability to understand todays world, technology and a seemingly ever growing naivety that has progressed with his old age. Its so concerning that all of the red flags that I saw he either didn't, or convinced himself otherwise.

The worst thing is he didn't get in touch with me for my advice as to whether he should do this or not, he was convinced that he should. He just waited so that I could join him in the opportunity and we could do this together. His good nature saved him the £100 that his naivety almost cost him (or worse, had his bank details got compromised in the process).

There are people out there who prey on the vulnerable, and we'll all be vulnerable one day when the times start to move too fast for us to keep up.

Its not even the old. Technology moves that quickly and scams become more realistic that any of us could fall for it.

I got an email from amazon prime saying my card details had expired recently and if i didnt refresh them my account would be cancelled.

Panicked a little as backed up all of my pictures online. And I had actually just got a new card. However when I thought about it, i had used one of my other accounts for prime. So thought I will just leave it see what happens.

Over a month later prime still works. Still getting free deliveries. And pics still hosted online. So was clearly a very good fake email - I work in technology and I had to check it multiple times and have done since and cant tell.

[CombatClaret]

was doing OK, then was on a plane journey when the bubble burst last Xmas, so am now bag-carrying about $20k now worth cents on the dollar

This statement makes no sense, there was no "crash" that took place in a matter of hours that would have wiped you out. I know as I was holding at the time.

[Foulthrow]

Anyone had a go at the Initiative Q thingy?

[IanMcL]

It's a mystery.
Toyah Wilcox