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Thread: BinaryOptionsDailyReview.com & BinaryOptions.net

  1. #1
    JustTooMuchTime is offline Senior Scambuster
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    BinaryOptionsDailyReview.com & BinaryOptions.net

    Both BinaryOptionsDailyReview.com & BinaryOptions.net are using Warren Buffet as their author pic for Google Authorship.



    I guess that make sense since Google considers BinaryOptionsDailyReview.com and authority site as you can see by it's menu-styled listing below.


  2. #2
    ribshaw's Avatar
    ribshaw is offline Nigerian Ministry
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    Re: BinaryOptionsDailyReview.com & BinaryOptions.net

    Quote Originally Posted by JustTooMuchTime View Post
    Both BinaryOptionsDailyReview.com & BinaryOptions.net are using Warren Buffet as their author pic for Google Authorship.
    Scammer Irony, use the image of a man who largely recommends a lifetime holding period for investments to pimp what is essentially gambling. Although, if I were going to run a con this is the way to do it since people will willingly take bets where the odds are against them. And if someone beats the odds by too much, just shut the site. WIN WIN. The review sites are a ingenious twist on this, just set up a page and a few referral links, totally unbiased for sure.

    Its interesting, Facebook seems to have a lot of this crap popping up. I suppose if you pay to promote they could care less if what is being promoted violates their so called community standards against illegal activities.

    To my knowledge NADEX is one of the few exchanges that can legally do business with US citizens.


    Are Binary Options legal in the US?

    There seems to be a great deal of confusion these days regarding the legality of binary options trading in the US. Much of this confusion can be attributed to the rise of off-shore binary options platforms and the off-exchange or OTC contracts they offer.

    With regard to the legality of “binary options”, the question is not so much are they legal, but are they listed on a proper United States exchange and are the firms offering them properly registered and regulated to offer these types of contracts to residents of the United States.

    Nadex is a regulated US exchange, designated by the CFTC (Commodity Futures Trading Commission), and is permitted to accept US residents as members.
    Can offshore "brokers" trade with US residents?

    In the case of off-shore platforms offering binary options to retail customers in the United States, the answer to this question is a resounding "No".

    As the Director of Enforcement for the CFTC stated in connection with a recently filed lawsuit:

    "It is against the law to solicit U.S. persons to buy and sell commodity options, even if they are called ‘prediction’ contracts, unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt."

    Binary Options Legal US

    Don't Gamble On Binary Options - Forbes

    “My dad has recently gotten involved with trading binary options online. The basic premise for the site he uses is at a specific time, say 1:25 p.m., you can put down perhaps $100 that XYZ stock will either increase or decrease in price within five minutes—by 1:30 p.m. If you are wrong, you get $15 back. If you are right, you win about $70.

    “I’ve proven to him that, mathematically, the site has an edge and you must be right 55% of the time in order for your bet to have a neutral expected value.

    The problem is he feels he is at a great advantage, citing his ability to read a bunch of charts, follow news, etc
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

  3. #3
    JustTooMuchTime is offline Senior Scambuster
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    Re: BinaryOptionsDailyReview.com & BinaryOptions.net

    Quote Originally Posted by ribshaw View Post

    Its interesting, Facebook seems to have a lot of this crap popping up. I suppose if you pay to promote they could care less if what is being promoted violates their so called community standards against illegal activities.
    Maybe FB is coming full circle...
    Scamville: The Social Gaming Ecosystem Of Hell | TechCrunch

  4. #4
    ribshaw's Avatar
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    Re: BinaryOptionsDailyReview.com & BinaryOptions.net

    Quote Originally Posted by JustTooMuchTime View Post
    Maybe FB is coming full circle...
    I am afraid to start gaming or I would never leave the house. Facebook seems like they are not even trying to cut down on fraud, and this article certainly confirms it. They must have it modeled that these are the best revenue streams and customers to have?

    The phone companies say they recently moved to stop some of the cramming, how long will they continue to absorb losses so websites can profit? OR is this such a good revenue stream that it is all a wink and a nod.. Just placate the folks who complain and cash the checks of those who don't.

    Read more: States, wireless providers to combat unauthorized mobile phone charges - UPI.com
    "It's virtually impossible to violate rules ... but it's impossible for a violation to go undetected, certainly not for a considerable period of time." Bernie Madoff
    https://www.facebook.com/pages/Scam-...98399986981403

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