For me, I don’t think any of those 4 listed things are the reasons why we have fake projects everywhere, there is just one common reason that we have for the introduction of fake projects, and it is called MONEY.
Many project developers have already studied how lucrative the ico could be when it comes to fund raising, they have seen how the pats quality project have been able to raise millions of dollars through the ico, but the only difference between those early ico and newer ones is the fact that they lack idea, so what they rather need is just the money, then you see them creating fake project and also fake of those things you listed. It is only regulation that can solve that and nothing more. We need a body that can be in charge of regulating that.
Topic: could it be most project don't succeed? - page 6. (Read 1343 times)
not only 50% of projects are deceptive, but can reach 70%. Many only take advantage of misused investment funds. They scammers wrap projects very well and are able to fool many investors. One of the precautions of early prevention is to report it directly to the moderator if you know it and create a thread that the project has a scammer and wants to cheat. All must work together to fight scammers. Maybe there will be better rules and policies for this forum so that there are no more cheats.
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
True, complaining is indeed not going to solve the problems that have already occurred, if he asks is it possible that most of the projects did not succeed? , then the answer is very possible, because now there are so many projects that are not successful when making sales, this is certainly very influential on the confidence of investors in all projects.The successful or not the sales that have been running by projects depend on the credibility of the project itself.
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
I like that forum BTT is a free space for everyone. And it’s very good that there are responsible users who spend the knowledge, efforts and personal time to identify and analyze of scam's projects. Perhaps, the condition that managers of promotion must has higher rank than newbie or copper would help the clearing the forum's space of scam.Do you think that a higher ranking member can't scam people or what, hello brother this doesn't determines the basic facts is that we have to be very careful at all time
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
I like that forum BTT is a free space for everyone. And it’s very good that there are responsible users who spend the knowledge, efforts and personal time to identify and analyze of scam's projects. Perhaps, the condition that managers of promotion must has higher rank than newbie or copper would help the clearing the forum's space of scam. The development of scammers from 2018 to the present is very rapid. Scammers have many new methods to cheat and take investor money. The people behind the fake project are invisible because they use fake identities. To track the real person is very difficult and requires qualified cyber capabilities to track to the location and device used. But this forum only revealed that the project was fake and should be avoided.
For projects that are free of scammers and fair at the moment are very difficult, fake projects continue to grow, but the original and paying projects also exist, just do the research first.
For projects that are free of scammers and fair at the moment are very difficult, fake projects continue to grow, but the original and paying projects also exist, just do the research first.
okay thank you for your contributions, just have said earlier we all have to be very mindful due to what has ben happening recently.
Maybe it's because they're interested in getting our data out, to use it for their illegal activities.
One of their targets is our identity pictures, To use them online for illegal activities such as using your picture as a founder of the invesment platform.
And also email, they use it to give us spam emails or phishing sites.
One of their targets is our identity pictures, To use them online for illegal activities such as using your picture as a founder of the invesment platform.
And also email, they use it to give us spam emails or phishing sites.
I have also been suspecting this same thing but I just confused my dear. that is why we need to be careful with how we give out our personal data to some project, moreover some project that will pay me a token that will worth upto 10$ and they will ask us to do KYC such I declined to run the KYC. is very risky releasing personal identity information to them just like.
Is there no other ways BTT can track and trace such people posting such project the in the forum?
Is there no way we can run free and fair project in the system without us being scammed or tricked?
The development of scammers from 2018 to the present is very rapid. Scammers have many new methods to cheat and take investor money. The people behind the fake project are invisible because they use fake identities. To track the real person is very difficult and requires qualified cyber capabilities to track to the location and device used. But this forum only revealed that the project was fake and should be avoided.
For projects that are free of scammers and fair at the moment are very difficult, fake projects continue to grow, but the original and paying projects also exist, just do the research first.
For projects that are free of scammers and fair at the moment are very difficult, fake projects continue to grow, but the original and paying projects also exist, just do the research first.
That is why there is a scam accusation page on this forum. It is not the forum moderators' task to review all the projects that want to promote or market here in this forum. However, the community works as a whole to bust those project by posting reviews nad feedbacks about the project so other members can be aware of it. That would make people lazy if the forum is obliged to review all the projects that are promoted here. A scam-free environment is not achievable even in real life, a lot of people find easy way to earn money. What we can do is just to leasen the risk of being the victim by educating our self and doing our part before investing.
It is indeed our responsibility to find a scam project. If ever we have found a scam project it is our duty to inform everyone by posting it on the scam accusation section. Moderators are not responsible and it is not their obligation to filter every project to find a scam project. It is hard to trace projects with an intention to scam the community, scammers are always there, and no one can stop them. Avoiding them is the only way.
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
True, complaining is indeed not going to solve the problems that have already occurred, if he asks is it possible that most of the projects did not succeed? , then the answer is very possible, because now there are so many projects that are not successful when making sales, this is certainly very influential on the confidence of investors in all projects. 
That is why there is a scam accusation page on this forum. It is not the forum moderators' task to review all the projects that want to promote or market here in this forum. However, the community works as a whole to bust those project by posting reviews nad feedbacks about the project so other members can be aware of it. That would make people lazy if the forum is obliged to review all the projects that are promoted here. A scam-free environment is not achievable even in real life, a lot of people find easy way to earn money. What we can do is just to leasen the risk of being the victim by educating our self and doing our part before investing.
this is a problem that occurs in cryptocurrency because many projects are not very good even many are scam and usually when they give a promotion in the form of a bounty campaign they only know the concept and planning of the whitepaper whereas if the team of the project has a plan to scam then it will happen when the fund collection is complete and it is difficult to track, usually it is from experience, many lists of scam projects and you can see from the team and as much as possible you can memorize them because just in case you are not exposed to fraud again.
I think some people in this forum worked hard to find out about it. some of the experiences that I have seen, when a scam project appears, some people get the strangeness of the concept, to the edited team photo and give that thread red flag. many people are finding out about it, and when I see a new project, the red flag is already on them.although they aim to improve facebook, twitter, or other things, when they become a scam, I think that only blasphemy on their social media. I think things like that can be avoided when we do a deep search.
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
this is a problem that occurs in cryptocurrency because many projects are not very good even many are scam and usually when they give a promotion in the form of a bounty campaign they only know the concept and planning of the whitepaper whereas if the team of the project has a plan to scam then it will happen when the fund collection is complete and it is difficult to track, usually it is from experience, many lists of scam projects and you can see from the team and as much as possible you can memorize them because just in case you are not exposed to fraud again.
The crypto world is a free one. That's why there have been numerous fake people with fake projects looking to rip others off. I think counter measures have been taken to reduce the number of scams out there but we still have a number of scammers left. I personally think that we should be very careful and watch the backs of each other by pointing out these scammers.
I always think that, what can save you from fraud is your knowledge. because the crypto free nature makes scammers look for ways to cheat, so prepare yourself inside here so you don't get tricked easily Is there no other ways BTT can track and trace such people posting such project in the forum?
Is there no way we can run free and fair project in the system without us being scammed or tricked?
It is hard to identify scammers in the market as they appear to change their game and keep on updating and there are many users who are tracking these bullshit projects and if they are collecting the coins in bitcoin then there is a chance that everyone will be caught even if they used mixers in the past . Is there no way we can run free and fair project in the system without us being scammed or tricked?
The crypto world is a free one. That's why there have been numerous fake people with fake projects looking to rip others off. I think counter measures have been taken to reduce the number of scams out there but we still have a number of scammers left. I personally think that we should be very careful and watch the backs of each other by pointing out these scammers.
Bitcoin talk is just having the thread it dont bother if thier was a scammers here in cryptocurrency. We have this report threads who is cappable with this scammers who waist our time to promote their project. Also scammers in our generation are already good enough to make a scammed project look like a real project,we all have that scenario about fake projects here for the investor.
There are still so many good Samaritans who reports scam project in meta section as well as scam section of this forum but still most of the scam project which cannot be identified and also it's responsibility to report those scam projects in the forum as it will help others but if we have some sort of KYC for the projects before they are eligible to post their thread then it would be a great idea to stop the scams.
Boosting social media accounts of such bounty projects doesn't mean it's a scam. They need boosters to promote their project. And btt has nothing to do about it. They go here for promotions, the good thing is that btt forum will not tolerate any kind of fraud or scam projects.
Definitely, most of the projects are doing what the usual team are doing until the end. The problem is that, the usual end will be scam like the token will not be able to launch, to be listed, or the team will not be able to pay the participants.
However, we can prevent joining those scam projects starts with us (bounty hunters) by having a proper knowledge and having a self awareness.
Definitely, most of the projects are doing what the usual team are doing until the end. The problem is that, the usual end will be scam like the token will not be able to launch, to be listed, or the team will not be able to pay the participants.
However, we can prevent joining those scam projects starts with us (bounty hunters) by having a proper knowledge and having a self awareness.
Jump to: