Wednesday, March 2, 2016

Bitcoin Scammers

The price of bitcoin is $400+ each and enthusiast/traders expects the price to double during halving which makes them wanna buy more to gain. So if you currently have about 10btc, then you're twice richer than that after havling. Anyone with the motivation to look for fortune would go register to some exchange sites like bittrex and poloniex to buy bitcoin. The problem however with buying bitcoin on exchange sites is that the price. If you are like me, buying from an individuals on bitcontalk.org would seem a bit a preferred cheaper way.

Bitcointalk.org is definitely good place to buy bitcoin and start to learn just about anything you wanna know about cryptocurrencies. The forum is definitely rich of information with users actively sharing knowledge freely. But that's just the one side of the coin because the discussion board also have hundreds or maybe even thousands of wolves waiting for their careless prey.

Scammers lurks every corner and if they sees you having good amount of btc trying to make business as a newbie, that's when they strike. They could just send you a message containing a phishing link or simply offer their services if they notice your post and you'd be surprise what a scammer could do just to earn bitcoin these days. They are very tricky that the very cautious individuals in this forum still end up losing bitcoin since they knew once coin is sent, there is no way they can retrieve it.

"You go first and I'll send you the money through paypal." That's what most of them say when they do try to conduct a transaction. If for instance you send some bitcoin to them in exchange for paypal funds, you may never hear from them ever again except for the email sent by PayPal about the disputed funds.

You wouldn't believe a scammer actually convinced his victim to use teamviewer just so he can verify his victim has btc in his wallet before pulling off the scam. Check this thread.

One thing you can do though for you not to get scammed is to use an escrow. Ask who you are dealing with if both of you can agree to a 3rd party escrow. If he backs out, that should be a sign he could turn out to be a scammer. There are reputable users who regularly do escrows for bitcointalk.org users, check out the list of reputable escrows. The escrows will be useless if you transact with someone using PayPal so forget it.

Wednesday, February 3, 2016

Marketing Bitcoin Related Sites

Cryptocurrency gurus speculates Bitcoin will eventually go mainstream but then few somehow thinks this will take years and years still considering the increase of countries banning BTC. But Can they really ban Bitcoin? No one stops this train.

Notice that marketing a Bitcoin Related Website to which we target common individuals on the internet or even on facebook will just be a waste as it would take time to explain from what bitcoin is than to what the company offers to the public. As of now, merchants accepting bitcoin for payment has limited audiences for their ads and so gambling sites and some ecommerce stick to bitcoin related sites for the exposure to their potential customers such as bitcointalk.org.

People only have less than a minute of focus viewing an ad so you better keep it interesting for everyone reading or viewing the ad. Most of the time, an individual just click x when they're prompt with something they'd have no interest nor know nothing about. But with creative advertising, your site would be known.

To be able to advertise a bitcoin related website effectively, we'd have to specifically target people who could possibly be interested to bitcoin and the way to identify them is to also stick to the bitcoin community particularly on bitcointalk.org, the reddit bitcoin group, facebook bitcoin groups and to some other groups on linkedin and elsewhere. These are the kind of people who might just be interested what the bitcoin related website has to offer, they are people mostly online the entire day and people who also earns and wants to earn money online.

Who are they? Webmasters who trade stuff online and most of them if not all spend time on reading SEO update and affiliate marketing, they sure have time reading just about anything that that has been published. Ecommerce website owners would be delighted if they learn about how bitcoin works as payment option and can possibly invest to it, gamblers and FOREX traders, they're just the few.

My advertising Services is cheaper than you can imagine. Hiring a SEO or an adword specialist is way expensive now that the competition is getting tough. I'm an adnetwork marketing manager myself and marketing a bitcoin gambling site won't work much as of on google adwords because of their policy. It's best to stick with social media marketing, bitcoin adnetwork and to site where bitcoin users are.