Topic: How many scammers have you funded by putting your money in? - page 3. (Read 1599 times)
I've lost $300 couple of years ago. I've seen an ad in twitter that they can double my money but instead i've lost it all. I know, it sounds stupid but i'm glad that when i've entered the crypto world later i've been more careful since then.
I didn't send money to anybody. But i've lost my Steam account when i was 12 y.o. on website that was promising me free games. And few years later i wanted to trade my stuff in steam too, i've sent my inventory but that guy didn't send me money. But i didn't need those stuff so i wasn't sad.
And after this i've been really careful with any suspicious sites or messages on the web and didn't fall in any scam.
And after this i've been really careful with any suspicious sites or messages on the web and didn't fall in any scam.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
I only spend a small amount of money on these scammers but the amount of time and effort is very frustrating some of the tokens I invested are through time and effort, it's also like investing money because you have to spend hours just to promote these projects through bounty campaign, I lose counts on how many projects I put all my money and efforts, there's so many of them and many more because there's no guaranty on bounty campaign, only those coins that are already in the market that you are guaranteed to make a profit.
At the moment I don't feel any fraud, because frankly, I don't really like and follow ICOs or invest in new projects. maybe only a small part of the fraud regarding the distribution of prizes that have not been carried out / hunters are not paid when participating in the bounty program
Now fraud is rare because payments are always there, but fraud is now more about throwing away tokens when hunters have received their bounty payments, which can be done by investors who have bought tokens in ICO programs at very low prices. 
I didn't lose much of the money I had to spend, I only ever lost a total of $100 while I was in cryptocurrency. I am more often fooled by my sometimes unpaid work. Although I don't spend money, but it's really a waste of time, but it's a risk.
that is the weakness of ICO investment. the very high risk we will lose our money because the developer left the project. and even though they are on the market, it doesn't guarantee the asset will have an interest. The community on the market won't help anything if the developer leaves the project. that means, the project dies.
noo dude..this vnl/xvc not an ico..it's a pow coin where everyone mine their own coin with no dev token.
But yeah if the dev left, there will be volatility in the price, more likely to see the coin fall off the cliff.
On another note, dogecoin dev also left many years ago... that palmer guy...but the coins still thriving from time to time, especially with elon musk involved.
rarely join presale/ico.
The last "rug" that I can remember was $XVC or $VNL cash..Some pow coin with crazy dev. The dev just left abruptly in the middle of a project.
The price nuke from 30kish sat to 2k sats. Not much back then, but yeah the coins basically die after the dev left. The community takeover is not succeed.
that is the weakness of ICO investment. the very high risk we will lose our money because the developer left the project. and even though they are on the market, it doesn't guarantee the asset will have an interest. The community on the market won't help anything if the developer leaves the project. that means, the project dies. The last "rug" that I can remember was $XVC or $VNL cash..Some pow coin with crazy dev. The dev just left abruptly in the middle of a project.
The price nuke from 30kish sat to 2k sats. Not much back then, but yeah the coins basically die after the dev left. The community takeover is not succeed.
rarely join presale/ico.
The last "rug" that I can remember was $XVC or $VNL cash..Some pow coin with crazy dev. The dev just left abruptly in the middle of a project.
The price nuke from 30kish sat to 2k sats. Not much back then, but yeah the coins basically die after the dev left. The community takeover is not succeed.
The last "rug" that I can remember was $XVC or $VNL cash..Some pow coin with crazy dev. The dev just left abruptly in the middle of a project.
The price nuke from 30kish sat to 2k sats. Not much back then, but yeah the coins basically die after the dev left. The community takeover is not succeed.
~
Were ICOs really a thing back in 2016? I just thought they were like 2017-ish when they got popular as I saw a lot of ICO-related threads here back in those years or I might just be blind because I joined crypto that late as well.I wouldn't be surprised since they started disappearing already the following year due to scams.
maybe for the year 2021 alone, I think the total loss that I experienced might be around $1000 for various projects on uniswap and pancakeswap, that's the risk I'm ready to take, but behind that there is a big profit, maybe above $ 10k for me at the moment.
I am glad to withdraw my ICO investment before the team running away with the collected funds. The only small cost was the withdrawal fee on their platform but I didn't let the scammers rob my investment. Checking team members on social media and their roadmap,whitepaper is are not enough steps to protect our funds from scammers.
no problem we loss our fund for tranfers fee rather than lose all of money due scammed in fake projects. team background should be the first thing we need to check. avoid anonymous team should be our priority for investing , most of them only build short term project and will not survive for long term. 
I am glad to withdraw my ICO investment before the team running away with the collected funds. The only small cost was the withdrawal fee on their platform but I didn't let the scammers rob my investment. Checking team members on social media and their roadmap,whitepaper is are not enough steps to protect our funds from scammers.
no problem we loss our fund for tranfers fee rather than lose all of money due scammed in fake projects. team background should be the first thing we need to check. avoid anonymous team should be our priority for investing , most of them only build short term project and will not survive for long term.
That is why I hesitate to invest in the dead projects before checking the all details that can affect the profitability of the investment. The anonymous teams can be frustrating if something goes wrong and we look for someone to ask a refund. Professional scammers are hard to detect and everything is designed to take our money. After reaching a specific investment pool, the scammers run as fast as they can. Victims only cry on the public forums and look for help, sad but true, unfortunately. 
I have had a fair share of having experiences of being scammed, through which due to my lack of diligence and impulsiveness. These experiences happened inside and outside of crypto, and these have taught me hard-learned lessons to not trust easily and always be doubt first then research or even ask for proofs and all.
i've fund some scam projects in a few years ago when ICO is in hype. maybe four of five fake projects.
i don't have any experience back then, so i just follow the hype. i even read their paper carefully, but still i got scammed.
it was a very bad experience, stuck up to 5x. That's how it is.. a project that looks convincing is sometimes just an illusion.i don't have any experience back then, so i just follow the hype. i even read their paper carefully, but still i got scammed.
I was also stuck once, I panicked about buying because at that time I was still a newbie and ico was hype. I joined ico without analyzing the project, and that's where my funds ran out.
Since then I have always rethought to put the funds, and prefer not to invest directly. I prefer to join bounties and competitions to profit from crypto, this is the way I can handle the most losses.
In the past, I funded quite a lot of spam projects and at that time I was less thorough in analyzing projects and some only followed the advice of some friends, but since that incident I have been more careful and until now I have never invested in a scam project
i've fund some scam projects in a few years ago when ICO is in hype. maybe four of five fake projects.
i don't have any experience back then, so i just follow the hype. i even read their paper carefully, but still i got scammed.
i don't have any experience back then, so i just follow the hype. i even read their paper carefully, but still i got scammed.
I don't think there's no shame admitting that we make mistakes, that's where you learn from. Sometimes even with DYOR, legit looking projects turn out to be scams. And sometimes we just want to risk it.
During last bullrun ico frency 2017-2018 many people were saying that ICO scams are now over and next time people will be smarter. However now there are more scams then ever, especially rug pulls in uniswap and pancakeswap. We just don't call them ICOs anymore.
My failures of judgement contain 2 icos from many years ago which were obvious scams in hindsight : Swiss Alps Mining, Envion and one latest where Dev disappeared after i aped in to some BSC shittoken for the hopes of 2x-10 flip (i can't even remember the name of it).
Luckily i haven't invested anything i couldn't lose (to scams anyway), and i have even made money with investing to something that turned out to be scam later on. But still they are obviously annoying.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
During last bullrun ico frency 2017-2018 many people were saying that ICO scams are now over and next time people will be smarter. However now there are more scams then ever, especially rug pulls in uniswap and pancakeswap. We just don't call them ICOs anymore.
My failures of judgement contain 2 icos from many years ago which were obvious scams in hindsight : Swiss Alps Mining, Envion and one latest where Dev disappeared after i aped in to some BSC shittoken for the hopes of 2x-10 flip (i can't even remember the name of it).
Luckily i haven't invested anything i couldn't lose (to scams anyway), and i have even made money with investing to something that turned out to be scam later on. But still they are obviously annoying.
So i would like to hear your stories on how did you get scammed. Was it because you aped in without research or something else?
There are some scam projects that look convincing, at first I wanted to put money there because it looks professional, but after I followed the advice in the https://bitcointalk.org/index.php?board=83.0 section, then I canceled and it turns out some projects proved to be scams.
Well, if you have a penchant of telling all of your stories especially your financial journey to strangers then be my guest. Do you want to give out some financial information to someone who you don't know and felt close since you are both in the same Bitcoin forum slash community of people who are all Bitcoin and altcoin investors. Word of advise who wants to get rich and be successful in crypto, there is no need for you to give out such financial information to anybody whether it is an innocent thread of story telling or possibly something sinister. Story tell all you want at your own risk.
since I got to know crypto, I have saved a lot of money in scam places, and most of it is in investment places such as HYIP sites, minning, and also ICOs. it happened in 2016 to 2019. however, for now I only keep my money in popular coins to minimize the risk of scam, and price changes.
For new users, it takes a lot of time to get adjusted to the realities of cryptocurrency market. A lot of them are looking for quick profits and they believe that all the social media propaganda is true. And one thing I have noticed about the scam projects is that they advertise themselves really nicely. Blind trust, combined with greed makes sure that the noobs find themselves in a sticky situation later. But the trick is not to repeat the same mistake again. Once you get scammed, take it as a learning opportunity and be more careful.
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