> Someone told me about a bitcoin investment, do you think it's legitimate?

Someone told me about a bitcoin investment, do you think it's legitimate?

Posted at: 2014-12-05 
That is what is called a pyramid scheme. It is a scam and you will either lose money and time or you will be one of the people stealing others money and time. Stay away from this.

Its a new currency that skyrocketed last couple of years but its at a decline now and will plunge in the next few years. So your too late and I wouldnt advise trying to catch this falling knife or you will expirence how it feels to lose all your money.

>>>>>>>>>>>>>>>.

would not touch that with a 15 ft pole

it IS innovative but so is facebook.

people use it instead of something less risky; odd.

Yes, it is a scam, but real.

I heard of this guy whose investing in bitcoins and building a business centered around it. One of the guys he 'recruited' I guess messaged me about it asking if I wanted to get in too.

I'm guessign they're looking to profitize off of the increasing Bitcoin price, but what got me is that he said that the guy that 'recruited you' gets 2.5% of your profit. And so the more you recruit the more 2.5's you add to your profit. This seems scammy..