Can people advise of the different bitcoin scams they have encountered - page 3.

pooya87

legendary

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Quote from: Fluidsix on November 10, 2016, 12:20:39 PM

Can people advise of the different bitcoin scams they have encountered. i would like to ensure i can see these scams before they come.

Thanks

no matter what you hear learn how to use google

in 90% of the times with a quick search you can always find enough information about things you encounter that helps you make up your mind about whether or not they are scam. for example if you google the name of a cloudmining service or the term cloudmining in general with the term "scam" you surely will find topics about it which you can read like this https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

and if you didn't find you can ask about them on forums.

always keep in mind that when something looks too good to be true, it surely is not.

mrcash02

hero member

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CryptoTalk.Org - Get Paid for every Post!

- Ponzi HYIP schemes: When you find a site offering very good offers to be true, like lifetime investiment back in days, weeks of few months. Probably these schemes don't last for much time and you don't reach ROI.

- Fraudulent negociations: When you will buy or sell something and the buyer doesn't pay you or the seller don't give you the product or the service hired. Easy to prevent this scam using an escrow.

- Hack: The worse of all, because it doesn't depend of your only choices. Your account can be invaded or stoled. There are some steps to prevent yourself, but nothing 100% guaranteed. Worse hack is when they steal your BTCs from the wallet.

odolvlobo

legendary

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Cloudmining is almost always a scam, and in the few instances where it is not, you are better off just buying bitcoins.

Any "investment" that purports to pay 1%, or so, per day is a scam.

Onecoin is a scam.

Buying something from an anonymous person and paying with a cash deposit at a bank could be part of a scam where you and a bitcoin trader are the victims.

MadGamer

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Quote from: Fluidsix on November 10, 2016, 12:20:39 PM

Can people advise of the different bitcoin scams they have encountered. i would like to ensure i can see these scams before they come.

Thanks

First , don't use any website listed on Investor-based games section as 100% of them are a scam. Gambling is never recommended but If you do gamble then try to use services that are known for long time and don't use new services , If you do ... don't deposit big amounts. Same applies for cloudmining companies.
When it comes to trading , you should be fine as long as you don't trade with shady members - low rank - with reversible payment methods like Payoneer , PayPal etc.

BitcoinBarrel

legendary

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Fill Your Barrel with Bitcoins!

A very common scam you will see on these forums is someone will register a brand new account similar to a Trusted member with a special character at the end. For instance Theymos they would do Theymos' or slight variation. Then message people pretending to be that person. It is common in Exchange services because they will see a person post in the thread they want to sell Bitcoins, and the fake account messages them asking them to send the BTC to their address.

Another scam will be PayPal chargeback or Credit Card chargeback. People sell Bitcoins for PayPal and months or weeks later the charge is reversed because it was using a stolen credit card or the owner said the charge was unauthorized. You lose the Bitcoins and the Cash.

More scams involve ponzi schemes, mining and investment scams where you are promised a return on your investment and they shut the site down.

Also exchanges and casinos that shut down or claim to be "hacked" stealing all of user's funds.

It is best not to keep all your money on a exchange or online wallet.

avatar_kiyoshi

legendary

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First look at their offers, usually scammer gives higher commission than other site, but doesn't rule out possibility they gives normal commission but in the end they turn into scam.
So you need to dig deeper, research about the company profile, proof image if they real doing their business. Dig deeper to the developer is +points, because I ever see scam site which have company profile picture, and information, but they used pictures from google.
And in first place the site security is the most thing to considering, look at their site, have SSL certificate or not. You should scan the site first, maybe the site contain malware in the first place.

Fluidsix

newbie

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Can people advise of the different bitcoin scams they have encountered. i would like to ensure i can see these scams before they come.

Thanks

Topic: Can people advise of the different bitcoin scams they have encountered - page 3. (Read 3441 times)