Nobody knows exactly what it is. Government agencies only warn. Dealers are at great risk. Where did this money come from ...
Bitcoin, virtual currency; but it is argued that paper money is a substitute for money. It is clear that it is a currency that must be taken seriously. But it is a bit far from real to think that paper will be replaced by money. As Bitcoin increased its value 20 times in just 1 year, it became more remarkable. Risks associated with bitcoin are not just volatility in value and uncertainty about the future. At the same time, frauds in this area are causing new victims every passing day. Everyone who wants to do or keeps doing something is at risk.
Fraudsters use many different methods. Some of them are fake Bitcoin exchanges. You will usually see a link in the social media that says something like "Buy Bitcoin below 5 percent of the market value." This is a marketing charge that allows you to visit and make fake exchanges. If you visit any change site, the first thing you want to do is make sure that HTTPS is secure. This means that web traffic is encrypted and secure; you should stay away from HTTP without a big red flag "S". Another method that fraudsters use is fake Bitcoin wallets. It's hard to pinpoint the fake Bitcoin purse. It is often malware programs used to capture fake Bitcoin wallets, passwords, or private keys. Another method is identity fraud. It is the most common method of fraud. Typically, you are communicating with you via email or through a fake web ad. As a result, you go to the wrong website and you are attacked by malware programs. The best practice is to not click on any hyperlinks in an e-mail or open attachments. With counterfeit web ads, you should be careful with the site you visit.
Another method is ponzi fraud. In ponzi fraud, you'll receive messages that promise to 'double up at midnight' on your website. Ponzi sites generally have recommendation programs. The last method of fraud is cloud mining. Some of them are completely obscured. But many are used for fraud.
