Dragon's Den And Bitcoin

[Stargazer]

A whole page of excited quotes from each of the Dragons regarding an instant money making racket from investing £250 in Bitcoin.
Can't be legit surely?
Anyone throw any light on it?
Ant McPartlin apparently in on the launch of this scheme.

[Mamyalynne]

Sure it's not a Scam? Has been done before.

Got a link?

[Canary42]

I've wondered about that one - please try it and let me know ;-)

[Mamyalynne]

This is from June...

https://www.telegraph.co.uk/investing/news/dragons-den-stars-used-fake-ads-dupe-investors-dubious-bitcoin/

[Buenchico]

https://www.mirror.co.uk/tech/bitcoin-scam-website-using-dragons-12350545

[Buenchico]

As far back as March:
https://blog.moneysavingexpert.com/2018/03/martin-lewis-spread-word-dont-believe-scam-bitcoin-code-bitcoin-trading-ads/

[Stargazer]

It is obviously a scam then! Can't the Dragons sue for misuse of their names in the false quotations?

[Buenchico]

They could if they could find out who was behind the scam but scams don't work that way.

If people conned into putting their money into the scheme can't track down the con merchants in order to get their money back, and the police of many nations can't track them down to prosecute them, there's not much hope of the Dragons' libel lawyers being able to sue them!

[Buenchico]

If you can find any details of who's behind the scam on their website you're better at finding things than I am!
https://bitcoin-trader.biz/

A 'whois' search shows that the domain name was registered through 'Domains By Proxy', which is an anonymising service that no reputable company would ever need to use.

The dodgy English on their website ("How much cost Bitcoin Trader?") suggests that the scam is being run from somewhere like China.

Further, any investment service which claims to be entirely free should automatically be regarded with great suspicion!

[Guilbert53]

Many famous people are used in fake online adverts.

Martin Lewis, he of Money Saving Expert web site and various TV shows, was moaning about how his image is used in all sorts of fake online adverts for all sorts of products.

Personally I ignore all adverts that pop up on my browser, that way I cant get scammed.

[Khandro]

If it relates to the supposed Swedish bitcoin currency, it's a scam. I fell for it and even had a posting on here about it, but I was extremely lucky in that I managed to get my £250 returned - it's a long story.

[spathiphyllum]

if they have btc, and get people to buy lots of btc, that makes the value of their btc worth even more.... Sounds like a con to me. It's too fluctuatable to be a solid investment.