Jump to content
JWTalk - Jehovah's Witnesses Online Community

Recommended Posts

Bitcoin isn't a scam.....but the powers that be figured out how to rig it.  Using ETFs and other junk like that, they can now manipulate the price & make money on the ups AND the downs.

 

The wild crash of silver shows how easily they can move prices they have control of.  No such thing as easy money for us....unless you wanna partake of Satan's table.  :nope:

 

In any case, proper research would reveal that during Bitcoin's bear cycle, a 70-90% crash in value is NORMAL.  This is expected.  Even without their manipulation.  Know what you're getting into...

 

Always do research & invest responsibly!  :wink:

  • Cherish 1
  • Love 1
Link to comment
Share on other sites

2 hours ago, computerwiz said:

Bitcoin isn't a scam

 

 It is not FDA approved and not insured by the government too. If you want to risk yourself into this, then be my guest. I wonder who behind this?

 

Here some info:

 

While Bitcoin itself is a decentralized digital asset, it is heavily targeted by scammers. Common frauds include guaranteed high-return investment schemes, fake mining operations, "pig butchering" scams, and phishing attempts, often resulting in total loss of funds
 
. Federal Bureau of Investigation (FBI) warns that crypto investments are often fake, with criminals in control of the assets. 
  • Risks: Unlike regulated investments, Bitcoin does not generate cash flow and is subject to extreme price volatility.
  • Protection: Never share private keys, use reputable exchanges, and be wary of anyone instructing you to bypass banking security. 
  • Common Scams: Scammers often use social media or dating apps to build trust ("pig butchering"), promising high, guaranteed returns.
  • Irreversible Nature: Transactions are permanent, making stolen Bitcoin nearly impossible to recover.
  • Red Flags: Consumer Advice (FTC) warns that any unsolicited demand for payment in cryptocurrency for prizes, government fees, or investments is a scam
    .

Edited by Dustparticle
Link to comment
Share on other sites

Join the conversation with your brothers and sisters!


You can post now, and then we will take you to the membership application. If you are already a member, sign in now to post with your existing account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

About JWTalk.net - Jehovah's Witnesses Online Community

Since 2006, JWTalk has proved to be a well-moderated online community for real Jehovah's Witnesses on the web. However, our community is not an official website of Jehovah's Witnesses. It is not endorsed, sponsored, or maintained by any legal entity used by Jehovah's Witnesses. We are a pro-JW community maintained by brothers and sisters around the world. We expect all community members to be active publishers in their congregations, therefore, please do not apply for membership if you are not currently one of Jehovah's Witnesses.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

JWTalk 23.8.11 (changelog)