Author

Topic: AI Scams in Bitcoin? Here’s How to Protect Yourself (Read 76 times)

full member
Activity: 392
Merit: 130
Popkitty.io - Blockchain Social Media
I personally have never used features related to bots or even apps that can track coin movements that they say on social media are quite accurate, I come with a simple style just on the spot see the candles and their trading history how the pattern is if it has been read slowly I run it so that my mind is calm
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
I'm just curious... when you say "AI scams," does that mean all scams of this type use AI to deceive people?

I’ve read about this kind of scam before. In fact, if I remember correctly, I even made a thread here about a specific case where a woman was scammed, which falls under crypto scams. There are so many types of scams, and not being aware of them puts us at high risk. According to reports, most of the victims of these scams are elderly, which makes sense since they aren’t well-educated about crypto.
sr. member
Activity: 1022
Merit: 363
What do you think? Have you seen AI scams in crypto?
Yes plenty on X posted new projects promoting AI bla bla. Im sure you people are on hype with AI due to this kind of narrative now, but they should be wary of scams as some might take advantage of the hype to create a fake project promoting AI advocates. Always be in the alert before you join anything related to AI cause it might be a trap and cash grab.

People like the idea but they didn't even bother to know if the project creator have the capabilities to implement the project.

What usually happen on the scene is they just use the AI narrative thing and sell it to people. To bad for people to fall on this believing that this is the next technology will boom later on. To avoid committing mistakes maybe better for people to lower down their expectation and don't be so greedy to think about that if they are the first or early investor on the project they have huge chance to win. Since usually this thinking has been exploit by scammers that's why there's lots of people getting scam because they know how to play the minds of people.
hero member
Activity: 1722
Merit: 801
What is the relationship between Malware and Fake AI Trading Bots with AI Scams?
the risks associated with AI Scams threaten almost all digital services and soon you will hear about antiAI programs.

Those AI risks do not carry anything additional to Bitcoin, but rather services related to Bitcoin.
Scammers can use many things for their scams and AI is one of things used by scammers. If there are something more innovative, powerful and more attractive with the crowd than AI in future, scammers will use those new innovative things for scams.

It's similar to Ponzi, which exists for a long time, and with time scammers have been adapting their Ponzi scams by attaching new things like digital, blockchain, cryptocurrency, AI.

AI and other things are not created for scam, and it's only scammers abused those things to scam.
hero member
Activity: 658
Merit: 562
What do you think? Have you seen AI scams in crypto?
I haven't seen it yet, maybe because I am not a trader and don't believe in AI that much on crypto related activities. However, it's good that you brought it up here, so that people should be very careful with whomever they meet on social media to have a relationship with. Also don't give out your information be it your phone number to strangers online.
legendary
Activity: 2758
Merit: 4074
What is the relationship between Malware and Fake AI Trading Bots with AI Scams?
the risks associated with AI Scams threaten almost all digital services and soon you will hear about antiAI programs.

Those AI risks do not carry anything additional to Bitcoin, but rather services related to Bitcoin.
Quote
Malware – Smart keyloggers steal private keys, seed phrases, passwords, and other sensitive information.
Fake AI Trading Bots – Promising high returns but just scams.
Enable 2FA, and other new layers for authentication for your accounts on the internet.
full member
Activity: 420
Merit: 120
AI is everywhere now, and while it’s powerful, it also brings new risks, especially in crypto. Scammers are using AI for phishing, deepfake scams, and malware to try to steal Bitcoins or any cryptocurrencies.

Phishing – Chatbots craft realistic scam messages.
Deepfake Scams – Fake voices & videos of trusted figures.
Malware – Smart keyloggers steal private keys, seed phrases, passwords, and other sensitive information.
Fake AI Trading Bots – Promising high returns but just scams.
AI is something adds on top of scams with its sharp growth two latest years, but scam types are nearly the same with past common scam types.

The cryptocurrency scam book with information about most common scam types in cryptocurrency and tips to avoid them is very helpful.

Quote
Always verify links & sources.
Enable 2FA, and other new layers for authentication for your accounts on the internet.
Be skeptical of "AI trading bots." - this is now popular and most of them will just steal your money!!
One important and so vital point to keep your capital safely and avoid to lose it all.

"Don't put all eggs into one basket."
This advice means you must separate your cryptocurrency capital to different wallets and store them as well as their backups in different devices and places. It reduces risk of losing all capital than if you store all your capital in only 1 wallet.
legendary
Activity: 2324
Merit: 1384
Fully Regulated Crypto Casino
What do you think? Have you seen AI scams in crypto?
Yes plenty on X posted new projects promoting AI bla bla. Im sure you people are on hype with AI due to this kind of narrative now, but they should be wary of scams as some might take advantage of the hype to create a fake project promoting AI advocates. Always be in the alert before you join anything related to AI cause it might be a trap and cash grab.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
What do you think? Have you seen AI scams in crypto?

I got fed up with AI on crypto, since most of them have no practical or decent usage. Although no matter how good are those chatbot/AI used for scam purpose, just remember saying "If It Sounds Too Good To Be True It Probably Is" and "Don't trust, verify".
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
What do you think? Have you seen AI scams in crypto?
I have not seen it before and I do not think I will see it because I have not used anything like bot or AI bot before in my trading. The common ones that makes the work easier has been what I also avoided. I prefer to trade manually and it has been better. If it comes to someone telling me AI can be used to make money in trading, I will know that would be a scam and I will avoid anything like that. It is what you have and how good you are manually in trading that will let you make profit in trading.
sr. member
Activity: 266
Merit: 205
From all the information on the picture above, it shows that it's not different from the type of scam that we are used to in My country where you might meet anyone one social media, at first they will come clean, then along the line when he or she has seen that your have bonded well in conversation with him or her, they will now suggest an investment opportunity to you and which they believe that will be of interest to you, which the the benefits that comes with it would be too good to be true, once  you are stupid enough to invest accordingly, just know that your money is gone, if you contact them back when trying retrieve your money and your benefits they will start telling you that an issues arises that you need to pay another money which will no be up to that first amount you paid, so as to free all the money you have paid including the benefits, but if you are that stupid to pay again, that's when they will block you completely.

So by looking at this one here according to the image above , it's of the same traits of the ones we are already used to, and to me, it's very much avoidable if you don't let your greed to blind your sense of reasoning.
sr. member
Activity: 504
Merit: 300
Sibi Dabo,,,,,,, Teme Ini Na Sime
Have had about an AI scam but haven't seen anyone around me that's been scammed through an AI scam. Scammers increase daily just as the technologies begins to upgrade. One needs to be careful on social medias because that's the easiest way scammers gets victims. The easy ways to know a scam is when you have to share sensitive information with them. But till now still wonder how people share their personal/sensitive informations with people they haven't meet before (just online). However some victims are very greedy that's why they fall in scam, when they have been promised to make huge profits with little capital they don't think twice but follow every instructions given to them.
legendary
Activity: 2562
Merit: 1399
AI is everywhere now, and while it’s powerful, it also brings new risks, especially in crypto. Scammers are using AI for phishing, deepfake scams, and malware to try to steal Bitcoins or any cryptocurrencies.



Phishing – Chatbots craft realistic scam messages.
Deepfake Scams – Fake voices & videos of trusted figures.
Malware – Smart keyloggers steal private keys, seed phrases, passwords, and other sensitive information.
Fake AI Trading Bots – Promising high returns but just scams.


Always verify links & sources.
Enable 2FA, and other new layers for authentication for your accounts on the internet.
Be skeptical of "AI trading bots." - this is now popular and most of them will just steal your money!!

What do you think? Have you seen AI scams in crypto?
Jump to: