RE: Bitcoin Arbitrage? Yes It Is Finally Here Exclusive To BitClub Network! Tell All Your Crypto Friends About This!

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Bitcoin Arbitrage? Yes It Is Finally Here Exclusive To BitClub Network! Tell All Your Crypto Friends About This!

in bitcoin •  8 years ago 

Interested in both sides of this. If there are some legitimate sources out there explaining how this is a scam then I'd love to read them. However, I learned long ago not to search for " scam" because absolutely everything will come up with results from completely unreliable sources. I'm sure someone out there says breathing air is a scam...but I'm going to keep doing that anyway.

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  ·  8 years ago (edited)

These are the giveaways:

  1. They claim to have a secret way to make money.
  2. They claim to have been successful in the past, but have no evidence.
  3. They won't explain how their scheme actually works, other than using empty phrases like "arbitrage" or saying they buy and the price goes up.
  4. Their explanation for why they want your money makes no sense. (Why wouldn't they just borrow money the conventional way?)