Bitcoin, not Paypal, will be the first
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.” – Peter Thiel, Co-Founder of Paypal
I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.” – Peter Thiel, Co-Founder of Paypal
Buying or selling locally is the safest and fastest way to buy bitcoin. Buying and selling bitcoin can be a bit of a hassle. Websites can take weeks to verify your account, transfer money and credit your bitcoin wallet. Online trading is full of scams. Bitcoin ATMS are often unreliable and hard to use. So […]
My post is in regards to this ad but the guy has ads all over the USAhttps://localbitcoins.com/ad/582817/buy-bitcoins-with-cash-cincinnati-oh-usa And this profile https://localbitcoins.com/accounts/profile/Coinflip100 It is an obvious scam profile. Red flag #1 is it has 30+ trades with only 2 trade partners. Red flag #2 is somehow the profile been trusted by 6 other people it hasn’t […]
We recently received an unsolicited email (spam) from a person named “Helga M” representing MoonTrade.org. Helga wanted us to join their website and begin trading crypto currencies there. We had never heard of MoonTrade before. Is Moontrade.org safe? Moontrade.org does NOT list any information about where they are located, who their developers are or how to […]
On our blog we get a lot of spam comments. The most recent one is for a website called “Bitsgap.com The facts about Bitsgap.com The Bitsgap website is based in Estonia, outside of many protections of US and EU laws. The IP addresses use for comments are in Russia and are linked to known hacking […]
Bitcoin and other crypto currencies attract millions of people around the world because of how fast, efficient and easy they are to use. They also attract scammers and criminals because of the same reasons. There are dozens of bitcoin scams and we couldn’t cover how they all work in one article. We can list a […]
Today Localbitcoins.com announced that they would no longer allow cash by mail transactions on their service. They did not give a reason but the speculation has been that is was because of fraud that had been experienced by some users. This would be dissapointing when you consider they collect millions of dollars in fees from […]
Is CryptoExMart a scam? In our opinion – YES! Recently we noticed many spam comments on our blog recommending the website CryptoExMart. This is the first sign of a scam. They use bots to post the same comment over and over all around the internet. So we did some research. The website is supposedly run […]
On May 25th, 2018 a law took effect in the European Union that allowed for consumers to request the complete records any company has on them. It also compels a business to delete that data if requested by the consumer. There are some exceptions but they are few, relating mostly to medical and taxation purposes. […]
We love Ethereum and were excited to hear about LocalEthereum.com. It was touted as the Ethereum version of LocalBitcoins.com. We happily signed up and right away we noticed that the default 2FA they require is through email. It is awesome that they require 2FA. Email is a slow way to do it and if someone […]