It has become increasingly easy to spot cryptocurrency-related websites which are a front for a scam. In the case of BitcoinCashTradingLimited, it is not hard to see what is going on exactly. Anyone investing in this company will lose their money, as there are far too many red flags to ignore. It’s a Fake Company Even though BitcoinCashTradingLimited has been a registered domain name since July of 2018, it seems the domain will expire in just a few days from today. Even so, no one has seemingly heard of this platform in the past twelve months, primarily because most people
The post Low Effort Bitcoin Cash Ponzi Alert: BitcoinCashTradingLimited appeared first on The Merkle Hash.
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Shortly after receiving cease-and-desist letters from the State of Texas and North Carolina, BitConnect (BCC) discontinued its lending platform, effectively shutting down the Ponzi scheme and leaving investors with stacks of worthless BCC tokens as compensation for their dollars lost. When BitConnect announced the shutdown, the coin instantly dropped 90% and has since continued to depreciate. While this was great news for the majority of investors that recognized the nature of the scam, they may be saddened to see that several other Ponzi schemes have gained popularity in the week following BCC’s closure. The most prominent example is Davorcoin (DAV), which appears to
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Over the past few months, we have seen various discussions regarding Bitcoin Cash. One of the main “problems” involves how people tend to refer to this altcoin these days. In the Bitcoin community, it is often known as BCash, which creates a lot of bad blood with BCH supporters. However, it turns out BCash is an entirely different project. Whether or not the team wants to bank on Bitcoin Cash’s “success” with this name remains to be seen. The BCash HYIP Gambling Project Although it is unlikely the Bitcoin community will ever stop referring to Bitcoin Cash as “BCash”, there is
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