The Badbitcoin Project
Exposing bitcoin and cryptocurrency frauds since Feb 2014
If you have never read it, then a great place to begin your bitcoin adventure is by reading the very short original White Paper, from Satoshi Nakamoto. This
explains the concept of bitcoin, and why so many of us work so hard to progress this disruptive technology.
When you understand the potential of bitcoin, you will also understand why so many people want to steal it from you. The future value is much debated, but with concensus saying that it has a very long way to go, before becoming any kind of bubble.
Bitcoin is not a ponzi, and is not a scam. It's value is derived from it's raw cost of production, and it's value as a functioning token of trade, and store of value. The blockchain is supported by the transaction fees (or at least it will be when all the bitcoin has been mined) You can help propogate the network, and have a local wallet by running the bitcoin core software, available from Bitcoin.org. This will run a Bitcoin Full Node on your computer - don't worry, it's safe!
There are some legitimate investments out there, and some great casino's, places to earn and spend, and a lot to explore, but be careful, and if in doubt, don't send your bitcoin.
We aim to expose the sites that deliberately set out to defraud you, and list them before they can do too much harm, however, there will always be some of you who choose to ignore our advice, and there is nothing we can do for you beyond warning you. If it is in our badlist, it is an intentional fraud. You have been warned.
This project is 100% dedicated to Cryptocurrency. All our revenue and spend is now sourced entirely within this Industry, and we aren't just about Bitcoin, we cover all the main Coins. Bitcoin (BTC or XBT), Litecoin (LTC) etc. We no longer investigate faucets as these would need their own site.
When you understand the potential of bitcoin, you will also understand why so many people want to steal it from you. The future value is much debated, but with concensus saying that it has a very long way to go, before becoming any kind of bubble.
Bitcoin is not a ponzi, and is not a scam. It's value is derived from it's raw cost of production, and it's value as a functioning token of trade, and store of value. The blockchain is supported by the transaction fees (or at least it will be when all the bitcoin has been mined) You can help propogate the network, and have a local wallet by running the bitcoin core software, available from Bitcoin.org. This will run a Bitcoin Full Node on your computer - don't worry, it's safe!
There are some legitimate investments out there, and some great casino's, places to earn and spend, and a lot to explore, but be careful, and if in doubt, don't send your bitcoin.
We aim to expose the sites that deliberately set out to defraud you, and list them before they can do too much harm, however, there will always be some of you who choose to ignore our advice, and there is nothing we can do for you beyond warning you. If it is in our badlist, it is an intentional fraud. You have been warned.
This project is 100% dedicated to Cryptocurrency. All our revenue and spend is now sourced entirely within this Industry, and we aren't just about Bitcoin, we cover all the main Coins. Bitcoin (BTC or XBT), Litecoin (LTC) etc. We no longer investigate faucets as these would need their own site.
Start learning about Cryptocurrency safely - visit our Safety Tips page.
Go here: http://www.badbitcoin.org/index.htm
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