UK Financial Regulator: Crypto Investors Are Driven by Interest to 'Get Rich Quick'

UK Financial Regulator: Crypto Investors Are Driven by Interest to 'Get Rich Quick'
ôîòî ïîêàçàíî ñ : cointelegraph.com

2019-3-7 17:34

The studies by the U.K. financial regulator reveal that U.K. consumers lack understanding of cryptocurrencies, mainly believing they can help them to “get rich quick”

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get rich quick financial regulator mainly cryptocurrencies

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Before looking at the best way to know bitcoin is a conservative investment (a very impressive 10 year bitcoin trend that has many investors pouring money into bitcoin)… Here’s the best way to know bitcoin is not a conservative investment, but a terrible get rich quick scheme, “probably rat poison squared” even, as Warren Buffet calls bitcoin: Best Way to Know Bitcoin Is Rat Poison Squared You see bitcoin or another cryptocurrency’s ATH (All Time High) prices going higher and higher, and you think now’s not a bad time for a second mortgage on your house.

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When I decided, maybe against my better judgement, to live on bitcoin for a week, the plan was met by a combination of cautions and jokes from friends and loved ones: “Just don’t starve,” “Well, it’s the New Year, a perfect time to start a new diet,” “Will you be able to eat?”, “Have you really thought about it?”I had “really” thought about it and it seemed not only sensible but necessary.

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The Proof-of-Stake Pandora’s Box—A “Rich Get Richer” Formula?

It has been six days since Constantinople had to be forcefully put off because of a bug. Chain Security sniffed out the vulnerability just before miners upgraded gifting hackers—who appear to be on the prowl, to not only siphon out hard earned funds but revive the memories of 2016 DAO attack that as well all […] The post The Proof-of-Stake Pandora’s Box—A “Rich Get Richer” Formula? appeared first on Ethereum World News.

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Singapore Phishing Websites Using Fake News to Get Users’ Bank and Credit Card Details

Phishing websites have been using fake news involving the Deputy Prime Minister of Singapore as means of aquiring users’ credit card and bank account information. Get Rich Quick Scheme The Singaporean government has condemned two separate websites for trying to acquire bank account and credit card information by distributing false information involving the Deputy Prime Minister of Singapore.

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“Get Rich Quick” Cryptocurrency Investors Feel the Pain While “Smart Investors” Celebrate

Many of you are looking at the market and wondering how low it will go before bouncing back, or maybe wondering if it will come back at all. Those pundits on the news are trying to say this might be the death of Bitcoin, and the fact it has lost value over the last few […] The post “Get Rich Quick” Cryptocurrency Investors Feel the Pain While “Smart Investors” Celebrate appeared first on NullTX.

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British Cyber Crime Center Reports $2.5 Million Lost in Cryptocurrency Scams This Summer

A new report published by the British authorities warns citizens of a noticeable increase in cryptocurrency investment scams taking place within in the country over the summer. According to national fraud and cyber crime reporting center Action Fraud, 203 incidents of fraudsters cold calling victims using social media platforms to advertise ‘get rich quick’ investments involving… The post British Cyber Crime Center Reports $2.

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The Rich are Getting Richer, But Still Don’t Get Cryptocurrency

The Capgemini World Wealth Report 2018 has revealed the rich are getting richer — and want better advice from their wealth managers on cryptocurrency investments.   According to the report published June 19, 2018, high net worth individuals (HNWIs), with at least $1 million to invest outside of their main property investments, aren’t getting enough information about cryptocurrency investing from their wealth managers.

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