Crypto Scams are a global issue - page 3.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: Oneandpure on November 23, 2019, 11:59:23 PM

During many ICO have been scam with lower price after listing, many people think crypto are global issues scam and look ahead with bitcoin and altcoin most terrible scam investing, how ever fault mistake by investing on ICO or IEO have contributed giving opinion to many people with scam crypto, although bitcoin and altcoin is never scam but after ICO have lower price people claim bitcoin become scam.

Users need to understand that ICOs have no relation with Bitcoin or other established cryptocurrencies. It is true that some of the well known and most popular altcoins came in to existence through ICOs (Ethereum and TRX for example), but the recent ICOs have diverged a lot from what we had during the 2015/2016 period. A boundary must be drawn between the earlier ICOs and the recent ones.

Oneandpure

sr. member

Activity: 2114

Merit: 309

Quote from: BartS on November 23, 2019, 09:59:47 PM

Quote from: nydiacaskey01 on November 21, 2019, 03:46:06 AM

The problem with any kind of scams including crypto scams is there are those who are willing to join even when they know that eventually, scheme will collapse and those who joined last will be the victim. You can even hear them say "invest only what you can afford to lose" and "enjoy it while it last". As long as there are people who will invest in this kind of schemes, this will continue. A new scam will be born every time an old scam closed down after being caught.

This is something that really bothers me, many investors can see that a project is a scam and despite that knowledge they join that project believing that there is always going to be someone behind them willing to invest in the project to which they can sell their coins, not realizing that most of the time they will be the ones holding those useless coins.

And then they begin to complain about how they got scammed when they knew very well in what they were getting into.

During many ICO have been scam with lower price after listing, many people think crypto are global issues scam and look ahead with bitcoin and altcoin most terrible scam investing, how ever fault mistake by investing on ICO or IEO have contributed giving opinion to many people with scam crypto, although bitcoin and altcoin is never scam but after ICO have lower price people claim bitcoin become scam.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: nydiacaskey01 on November 21, 2019, 03:46:06 AM

The problem with any kind of scams including crypto scams is there are those who are willing to join even when they know that eventually, scheme will collapse and those who joined last will be the victim. You can even hear them say "invest only what you can afford to lose" and "enjoy it while it last". As long as there are people who will invest in this kind of schemes, this will continue. A new scam will be born every time an old scam closed down after being caught.

This is something that really bothers me, many investors can see that a project is a scam and despite that knowledge they join that project believing that there is always going to be someone behind them willing to invest in the project to which they can sell their coins, not realizing that most of the time they will be the ones holding those useless coins.

And then they begin to complain about how they got scammed when they knew very well in what they were getting into.

joshy23

sr. member

Activity: 1078

Merit: 256

Quote from: ice18 on November 21, 2019, 05:15:49 AM

There will be no scam if we start to be aware and try to educate our fellow crypto-users to research first and be responsible for spending hard earned money if they want to invest in crypto projects, almost everyday there are new websites, different domains but almost the same style of scamming, always ask to others if unsure in new projects that promises good roi in just short period of time.

Those sweet promises are common inside this market better to take time to review and we also need to be concern with our co-investors or traders.
If we do learned scam projects we should share it and give people more awareness about the style from that point it will give information and it will
avoid many investors to be victimized. Everything around this business needs a deeper understanding, it's all about money matters so best to take
care of your investment.

ice18

hero member

Activity: 2492

Merit: 542

There will be no scam if we start to be aware and try to educate our fellow crypto-users to research first and be responsible for spending hard earned money if they want to invest in crypto projects, almost everyday there are new websites, different domains but almost the same style of scamming, always ask to others if unsure in new projects that promises good roi in just short period of time.

tippytoes

sr. member

Activity: 1988

Merit: 275

Quote from: judaspriest on November 21, 2019, 05:07:09 AM

Quote from: nydiacaskey01 on November 21, 2019, 03:46:06 AM

The problem with any kind of scams including crypto scams is there are those who are willing to join even when they know that eventually, scheme will collapse and those who joined last will be the victim. You can even hear them say "invest only what you can afford to lose" and "enjoy it while it last". As long as there are people who will invest in this kind of schemes, this will continue. A new scam will be born every time an old scam closed down after being caught.

many ico projects now make us unbelievable !, I don't know how they can calm down there !, if you see Miracle Tele, they look like good projects but they say differently, they cheat everything !, then what about other projects ?, if we don't overcome that I think the scammer project will continue to emerge

Scammers are everywhere and not only in crypto. They just found a new option to screw those naive individuals and the bad thing is you can't run after them or sue them. Because most projects are anonymous or having fake profiles, you can't really get a hold of them. So it is really up to the investor how he will attack these things, on how he will deal with these scammers.

judaspriest

full member

Activity: 1330

Merit: 100

C O M B O

Quote from: nydiacaskey01 on November 21, 2019, 03:46:06 AM

The problem with any kind of scams including crypto scams is there are those who are willing to join even when they know that eventually, scheme will collapse and those who joined last will be the victim. You can even hear them say "invest only what you can afford to lose" and "enjoy it while it last". As long as there are people who will invest in this kind of schemes, this will continue. A new scam will be born every time an old scam closed down after being caught.

many ico projects now make us unbelievable !, I don't know how they can calm down there !, if you see Miracle Tele, they look like good projects but they say differently, they cheat everything !, then what about other projects ?, if we don't overcome that I think the scammer project will continue to emerge

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

The problem with any kind of scams including crypto scams is there are those who are willing to join even when they know that eventually, scheme will collapse and those who joined last will be the victim. You can even hear them say "invest only what you can afford to lose" and "enjoy it while it last". As long as there are people who will invest in this kind of schemes, this will continue. A new scam will be born every time an old scam closed down after being caught.

sayaya17

sr. member

Activity: 1638

Merit: 255

All Internet-related work I think will always be the target of scammers. Not only in Crypto even Hyps Ponzi also scattered in the Internet. Those scammers will promise a great bonus for those who want to join their project. Well their target is the beginners who is new to the internet world even in the world of cryptocurrency. So there is no solution to stop the scammers.

S4VV4S

hero member

Activity: 1582

Merit: 502

Quote from: JC btc on November 19, 2019, 11:57:27 AM

That's the reality that we are facing right now, and we can't deny this fact that the scam issue is increasing rapidly as scammers found out this crypto as a great tool wherein they can manipulate investors easily. Due to lack of regulations from each countries, lack of understanding and knowledge from users, it has been easy for scammers to enter this.

Lack of knowledge possessed by investors or Crypto users is indeed a major cause so that scammers can easily fool us. Scam in the world of Crypto has indeed been very many cases that have occurred, they have found a way that is by making an ICO / IEO project that aims to deceive investors.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Quote from: Assface16678 on November 20, 2019, 02:42:17 AM

Quote from: Duzter on May 02, 2019, 06:59:04 PM

As cryptocurrency hasn't got much support from countries around the world, it doesn't serve to be a big issue for the governments. In very few incidents the government interrupt understanding the serious of the problem. Over the years the popularity and usage of cryptocurrency among common people keeps growing. The same is been used as the chance by the scammers, and the term bitcoin is mostly used to promote the scam and make the common people as prey for them.

One of the major problems today is about scamming most of the time, and this is the major issue in the cyber world. In the country that does not support the cryptocurrency, then the government does not touch any problem about the crypto because this is not their scope. But on the land that supports the cryptocurrency has a significant issue because this is the way how they transact to the other party. By this, the government must take action about the security of both parties to make the transaction safer.

There is already handling about it, some markets now require to make KYC, this should be able to provide transparency for the country,
money laundering, terrorism, etc. should be overcome, but it seems like KYC is not 100% optimal to handle it, I am sure if the government takes over to think the problem will be resolved even though it takes time

Assface16678

full member

Activity: 1484

Merit: 136

★Bitvest.io★ Play Plinko or Invest!

Quote from: Duzter on May 02, 2019, 06:59:04 PM

As cryptocurrency hasn't got much support from countries around the world, it doesn't serve to be a big issue for the governments. In very few incidents the government interrupt understanding the serious of the problem. Over the years the popularity and usage of cryptocurrency among common people keeps growing. The same is been used as the chance by the scammers, and the term bitcoin is mostly used to promote the scam and make the common people as prey for them.

One of the major problems today is about scamming most of the time, and this is the major issue in the cyber world. In the country that does not support the cryptocurrency, then the government does not touch any problem about the crypto because this is not their scope. But on the land that supports the cryptocurrency has a significant issue because this is the way how they transact to the other party. By this, the government must take action about the security of both parties to make the transaction safer.

BartS

sr. member

Activity: 980

Merit: 255

Quote from: Capt00 on November 15, 2019, 09:16:40 AM

Quote from: BonfireBob on November 15, 2019, 08:35:02 AM

Crypto, Fiat, or any other form of scam is a global issue.

We must understand that people are always phishing wherever they can, so scam happens everywhere, with crypto, with fiat with retail with anything you can think about

)

It just sad that people are trying to attached scam only to bitcoin in fact it happens everywhere, crypto or not. Whether we like it or not scammers are all around and that it is our responsibility to check if a project or an investment is a scam or not.

We also have to remember that there will be no scammers if people are very vigilant and careful, scammers exist because some people are easily scammed.

Scammers exist because they are bad people, it is true that there are some naive people out there that can be easily deceived but that doesn't mean that it is right to deceive them.

Scammers see the opportunity to get some easy money and they take it regardless of the person that they damage, then we have no other option but to be very suspicious and to be very vigilant about what we do online otherwise we run the risk of becoming victims ourselves.

JC btc

sr. member

Activity: 770

Merit: 253

Quote from: asus09 on November 18, 2019, 11:18:46 PM

Every day have issues with bitcoin and altcoin become global scam how ever with lower price of bitcoin become stronger way how to make bitcoin clearly become global scam issues, many people try how to make investor lost hope with bitcoin and altcoin investment to sell their assets with lower price and other chance many people waiting for getting invest with bitcoin and altcoin on lower price.

That's the reality that we are facing right now, and we can't deny this fact that the scam issue is increasing rapidly as scammers found out this crypto as a great tool wherein they can manipulate investors easily. Due to lack of regulations from each countries, lack of understanding and knowledge from users, it has been easy for scammers to enter this.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: sapnu on November 18, 2019, 11:40:06 AM

Quote from: k@suy on November 18, 2019, 11:08:20 AM

Quote from: Yatsan on November 15, 2019, 10:24:01 PM

Crypto or fiat scams are global issues, every type of currency has scamming matters, and I think crypto will not be exempted from those issues. ICO's project is needed to be regulated because on what I see on the bounty section, there's a lot of scam project. And a lot of them are requiring KYC, so every participant should be careful when participating in those.

Quote from: EdvinZ on November 15, 2019, 02:01:43 AM

Indeed, if the turnover of cryptocurrency in your country is not regulated legally, then in fact all the risks of its use fall on your shoulders. This is a big problem because scammers can get access to your cryptocurrencies and the police will not deal with this incident. It is necessary to strictly comply with all the rules on the use of cryptocurrencies and not to contact questionable people.

So the participants and the users are the ones that should be cautious about those projects or scammers.

It is very alarming, many people ate being victimize by scammer, it will be bad news for us because I believe it will affect the market, it will affect the price of bitcoin, many people will lose their trust in the system , their being unaware of this scheme and lack of knowledge in bitcoin is quite a big problem. We must help them and teach them as well.

This is actually normal in a place like this, in a crypto world, we can not do anything about it just the moderator has the capability to ban them but for me, we should be aware of everything we do especially when we are making decision and our money is at stake. Projects don't always scam people they are also failing because of many reasons maybe they have fewer investors that is why they cannot continue the project to produce there are also some reasons why they are failing. We as responsible investors and supporters, we should study every [roject we want to join in because it is our responsibility to do that.

Every day have issues with bitcoin and altcoin become global scam how ever with lower price of bitcoin become stronger way how to make bitcoin clearly become global scam issues, many people try how to make investor lost hope with bitcoin and altcoin investment to sell their assets with lower price and other chance many people waiting for getting invest with bitcoin and altcoin on lower price.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

Currently there is a great tendency to repeat some kinds of scams with ponzi schemes, it is incredible that there are still people who fall into these types of scams.

We cannot forget those scams that are generated through exchanges, or those that offer a lot for little, businesses of all kinds that are generated from nothing and people who are still falling into it.

Now there is a scam radically converted into a robbery more aggressively, falling into extortionism through Ransomware, which is attacking companies worldwide, as well as stealing if there are no relevant security measures it is highly recommended today to have 2fa security enabled, totally avoid the risk of fraud and / or theft.

Two years ago, the scheme was used through ICOs that many times took advantage of technology to cheat investors, now there is some more control, now more than ever much activity has been generated regarding robberies and scams to Although Bitcoin has not reached a bullish rally as it should be, when the price of Bitcoin increases further, scams and robberies will increase.

sapnu

sr. member

Activity: 1050

Merit: 286

Quote from: k@suy on November 18, 2019, 11:08:20 AM

Quote from: Yatsan on November 15, 2019, 10:24:01 PM

Crypto or fiat scams are global issues, every type of currency has scamming matters, and I think crypto will not be exempted from those issues. ICO's project is needed to be regulated because on what I see on the bounty section, there's a lot of scam project. And a lot of them are requiring KYC, so every participant should be careful when participating in those.

Quote from: EdvinZ on November 15, 2019, 02:01:43 AM

Indeed, if the turnover of cryptocurrency in your country is not regulated legally, then in fact all the risks of its use fall on your shoulders. This is a big problem because scammers can get access to your cryptocurrencies and the police will not deal with this incident. It is necessary to strictly comply with all the rules on the use of cryptocurrencies and not to contact questionable people.

So the participants and the users are the ones that should be cautious about those projects or scammers.

It is very alarming, many people ate being victimize by scammer, it will be bad news for us because I believe it will affect the market, it will affect the price of bitcoin, many people will lose their trust in the system , their being unaware of this scheme and lack of knowledge in bitcoin is quite a big problem. We must help them and teach them as well.

This is actually normal in a place like this, in a crypto world, we can not do anything about it just the moderator has the capability to ban them but for me, we should be aware of everything we do especially when we are making decision and our money is at stake. Projects don't always scam people they are also failing because of many reasons maybe they have fewer investors that is why they cannot continue the project to produce there are also some reasons why they are failing. We as responsible investors and supporters, we should study every [roject we want to join in because it is our responsibility to do that.

kodtycoon

legendary

Activity: 1568

Merit: 1002

crypto scam is indeed a serious problem because this will adversely affect the growth of crypto itself and this problem will continue to happen and continue to harm investors so that many projects that have good prospects and products have difficulty finding investors. there is no way that will actually remove scammers because they will continue to act when there is still money involved there and of course it is a global problem too and not about crypto

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: Yatsan on November 15, 2019, 10:24:01 PM

Crypto or fiat scams are global issues, every type of currency has scamming matters, and I think crypto will not be exempted from those issues. ICO's project is needed to be regulated because on what I see on the bounty section, there's a lot of scam project. And a lot of them are requiring KYC, so every participant should be careful when participating in those.

Quote from: EdvinZ on November 15, 2019, 02:01:43 AM

Indeed, if the turnover of cryptocurrency in your country is not regulated legally, then in fact all the risks of its use fall on your shoulders. This is a big problem because scammers can get access to your cryptocurrencies and the police will not deal with this incident. It is necessary to strictly comply with all the rules on the use of cryptocurrencies and not to contact questionable people.

So the participants and the users are the ones that should be cautious about those projects or scammers.

It is very alarming, many people ate being victimize by scammer, it will be bad news for us because I believe it will affect the market, it will affect the price of bitcoin, many people will lose their trust in the system , their being unaware of this scheme and lack of knowledge in bitcoin is quite a big problem. We must help them and teach them as well.

superving

full member

Activity: 938

Merit: 101

No one can stop this global issues in both crypto and fiat and these scams cant be removed as long as money is involve. If only we have knowledge to figure out scam projects or investments then it will be good for investors.

Topic: Crypto Scams are a global issue - page 3. (Read 4092 times)