Can something free be a scam? - page 25.

Restmand

sr. member

Activity: 979

Merit: 258

Quote from: TomUyamot on April 16, 2018, 08:30:57 PM

Quote from: jakecoins on March 27, 2018, 04:47:46 AM

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,

It does not actually follow that since the airdrop is a free give-away it is not a scam at all. If it is a scam, it remains a scam even if it is giving away its coins. You have to be careful because a lot of start-up crypto projects that are giving away free airdrops are holding a very huge portion of the coins to themselves. That means if the value of their coins gains growth, the developers might dump their huge holdings.

Free means it is not required money or not cost any money. And we know that the scam is a dishonest way yo make money by deceiving people. So something free for me is not a scam maybe it's not free at all you'll have to do something to achieve a free maybe in a way that you need something to do just like in airdrop and bounty it doesn't need an investing but you need to become patience and become industrious

TomUyamot

sr. member

Activity: 504

Merit: 252

Quote from: jakecoins on March 27, 2018, 04:47:46 AM

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,

It does not actually follow that since the airdrop is a free give-away it is not a scam at all. If it is a scam, it remains a scam even if it is giving away its coins. You have to be careful because a lot of start-up crypto projects that are giving away free airdrops are holding a very huge portion of the coins to themselves. That means if the value of their coins gains growth, the developers might dump their huge holdings.

Esiduf222

newbie

Activity: 36

Merit: 0

That's the power of freebies. But not all are scams at times you just have to know and look out for specific features of the project or airdrop.

Nagrogflaz

member

Activity: 294

Merit: 11

the inclusion of coins has attracted many people and there are some people who take advantage of this situation for bad things, they commit fraud only for their own sake so I do not think we will be free of scam as long as these bad guys are still there

SOGabriel

newbie

Activity: 99

Merit: 0

Yes... Because nothing in this world is free, somebody somewhere will pay for what you called free one way or the other.

Iyanuoluwa

newbie

Activity: 202

Merit: 0

I would say 50/50 not everything that is free be a scam and not all of it legit, we just need to know more about it, so that we don't fall on bad sides

mega.kitten

member

Activity: 140

Merit: 10

Yes, I do not keep my money in the ICO, but I do my work, I give my data and I want to get a reward for it. and do not get it. That's what is scam .

BryanRoseWalker

newbie

Activity: 215

Merit: 0

Quote from: Benarand on April 16, 2018, 01:06:37 PM

In most cases, the tokens you get after registering with airdrop do not cost anything, or you are not paid at all. But they can not steal anything from you.

yes they can only steal from us, if only they asked us to send ETH address, personal data or must send token
most free cases are such frauds, not in deny we have to be careful if do not want bad things happen

Alanpigi80

full member

Activity: 322

Merit: 101

Like other users already pointed out, a scam doesn't involve necessarily somebody that takes away your money, but this somebody could take away your precious time that can be invested in other activities (other airdrops for example) and that's a fraud because you are not getting what promised in the first place

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: jakecoins on March 27, 2018, 04:47:46 AM

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,

People can really make such claims or sayings that it is a scam yet they haven't received nothing inspite on putting up those informations. We wont really lose nothing but the essence on complying things without getting something can really put up on our minds that they are just lying out. Email addresses can really be used up on other means,accumulating lots of emails would be possibly used up and pile up with their email list.

Zeke_23

sr. member

Activity: 868

Merit: 333

Quote from: jakecoins on March 27, 2018, 04:47:46 AM

Hi everybody,
Lately I am reading a lot of posts asking: is this airdrop a scam? Is that free ICO a scam?
So I am wondering how can something that doesn't cost you a penny be a scam. Sure, they get your email adress and maybe a ETH Adress, but how can you really be scamed with only this informations? I am not talking about airdrops that require kyc registration, that for sure can be dangerous.
Cheers,

yes, scam doesnt mean that you will lose something like money, as long as something important has been taken to you by some people it is considered as scam, even your time, your hard work, and even your effort.

BlockFolksHQ

member

Activity: 224

Merit: 10

Free doesn't mean good. Nowadays there is a lot of fake ICO or altcoins that will try to draw your attention to participate but you will sure lose your money because it is scam, so study and do research before you invest.

sekop

member

Activity: 378

Merit: 10

t is very likely to happen, there are irresponsible parties to make ICO and Airdrop after they get some investors and participants who join, they will run away from this world before they provide pay and profit to participants and investors.
You can prevent the theft of tokens from your wallet in the way you save completely with your wallet data secrets. You must also prevent ICO scam carefully and selectively in choosing ICO, you should read carefully and check all the completeness of the ICO from the website, whitepaper, rules, joining team, wallet, plathform, supply from investors and supporters.

Benarand

full member

Activity: 773

Merit: 100

In most cases, the tokens you get after registering with airdrop do not cost anything, or you are not paid at all. But they can not steal anything from you.

tosindesign

newbie

Activity: 75

Merit: 0

Something free can be scam because it will attract many to it. There will be a phings site advertising to give free coin in other for them to get your details .free things can make you loose your hard earn money if they get some few details from you

BADBITCH

jr. member

Activity: 532

Merit: 6

Quote from: icalical on March 27, 2018, 05:01:21 AM

Well, imho, scam is not necessarily take away your money. If you give something (your time, your personal data, anything, your signature) because you are promised to be rewarded, but in the end the person/entity is breaking their promise, it might be called scam/fraud.

And BTW when you give your data freely they might sell it to some people, and many people willing to pay for personal data.

Also to ad to this, another example of fraud is participating in bounties and the devs disappears refusing to pay you for work done.

iconoclast

full member

Activity: 770

Merit: 102

Matrix Built On An Ethereum Smart Contract

Quote from: CryptoManDude on April 13, 2018, 09:39:29 PM

talking about free, I got 232 JUST powh.io yesterday. The site takes me to P3D tokens which don't have a nice reputation as of now. And with 1 ETH, you can buy around 71 p3d tokens. I am wondering whats is this free 232 token all about? Any idea
https://etherscan.io/address/0x4fee2d21aaca705b70f86db48fe4b166482f7700

It is token spam designed to get your attention so that hopefully you will invest in their scam token. It also apperantly acts as malware in that if you try to remove the tokens you end up with more.

Pamela1966

newbie

Activity: 196

Merit: 0

Of course it can be scam in the sense that you've worked to promote the project on different platforms and you didn't get what was promised as a reward for the task or assignment given to promote the ICO or getting less than promised or expected

dbstmddhks

sr. member

Activity: 523

Merit: 250

ICO-companies evaluate the same as the venture, but taking into account the token. On the company page in the section token design or token economy you can see how the token is designed. If the task of the venture is to sell more, the task of the crypto company is to make the tokens grow in value. If the startup tokens grow - then there are real users, activity, investors. If the tokens fall, the company will die.

chiffnadornist

newbie

Activity: 1

Merit: 0

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