After falling for the latest bitcoin scam out there I am compelled to write about the number of bitcoin scams going on out there and the scammers behind them. My Story began in a Thursday after noon (Wednesday August 13, 2014) when I was contacted by a person pretending to be a representative of cryptocoinsnews.com selling sponsored posts on the site with bitcoins. The individual asked for .40 worth of bitcoins for the sponsored post but I was able to convince him to accept .02 bitcoins.