How many scams have you caught? - page 3.

electronicash

legendary

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Eloncoin.org - Mars, here we come!

Quote from: kentrolla on December 05, 2023, 04:02:57 PM

I have come cross so many scam projects especially from bounty section wherein the white papers will be plagiarised and they will morphed their image with Linkedin profile of somebody else, They will claim to hit the cap cap without an valid private or pre sale and I was part of an bounty named COOP/GMD more than an year ago suddenly i along with few were tagged stating we won $500 each and when I initiated the process to get the prize they took us to different page where we were asked to synch our trust wallet and also were asked to retire it through a different site which asked us to deposit minimum amount tin orde to withdraw and luckily I am aware what happens pls that as it's a made up site to keep extracting money in form of minimal deposit before withdrawal and later realised it was a fake group some scammer has checked the bounty sheet and added all the participants from their to this fake group.

thats where the scams usually happen since there never was a way to verify and scammers are becoming very smart too when it comes to hiding their identity as part of the team. i have encountered countless times back in 2017. although my investments are just few, i was still scammed.

the newest scams that i have encountered so at this 2023 are the scams in telegram regarding buying telegram usernames. some tricky users are doing this and even the social media account services are accepting BTC. it's funny sometimes they think they know very well crypto when you ask them their USDT bep20 address they give you their bech32 BTC address.

tvplus006

legendary

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To the Moon

Quote from: Junoto on December 03, 2023, 11:31:44 PM

...Please share your experience with me so that I can be careful in the world of cryptocurrency.

The number of different types of fraud in cryptocurrency is as large as in real life and they are all usually based on the greed of users who want to get a lot of money in the shortest possible time. So if someone offers you to get an unrealistically large profit, you'd better immediately refuse such an offer, since such offers are usually offered by scammers.

kentrolla

hero member

Activity: 1540

Merit: 564

Eloncoin.org - Mars, here we come!

I have come cross so many scam projects especially from bounty section wherein the white papers will be plagiarised and they will morphed their image with Linkedin profile of somebody else, They will claim to hit the cap cap without an valid private or pre sale and I was part of an bounty named COOP/GMD more than an year ago suddenly i along with few were tagged stating we won $500 each and when I initiated the process to get the prize they took us to different page where we were asked to synch our trust wallet and also were asked to retire it through a different site which asked us to deposit minimum amount tin orde to withdraw and luckily I am aware what happens pls that as it's a made up site to keep extracting money in form of minimal deposit before withdrawal and later realised it was a fake group some scammer has checked the bounty sheet and added all the participants from their to this fake group.

Abu-Naim

sr. member

Activity: 406

Merit: 262

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

The promises made by a project team always draw my attention.
There is a project that I believed in back then, they promised great returns, and I invested in the project even though it was not a large sum, and seeing that the project has been promoted here in the forum and it was launched in API protocol that will promise big profits, I decided to invest in it again. I realized it was greed that led me to believe such a project would reward me, and I was duped because I can't get my money back.

The lesson to always remember is to avoid becoming greedy.

synchronym

member

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★Bitvest.io★ Play Plinko or Invest!

I invested money in several schemes after which I lost a lot of money. I don't want to remember old things anymore. I feel very bad when I think about scams. We should all be wary of such scam schemes. Such schemes trap people and embezzle their money. So we have to be careful to prevent ourselves from this scam .

Dr.Bitcoin_Strange

hero member

Activity: 532

Merit: 508

What do you believe in?

It's been said hundreds, if not thousands, of times that "scammers are everywhere." You just have to be very careful and conscious of where you put your money, to whom you give your privacy information, the sites you log in to, and the links you click. Scammers are on social media, and they can also send emails to you requesting that you sign up for something or claim some rewards that you have won. All that is just to trap you. If you are aspiring to invest in Bitcoin or are already an investor, your priority should only be to accumulate Bitcoin and also store your coins in a self-custodial wallet, which makes you the only person in charge of your asset if you give out your secret phrase to anyone.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Litzki1990 on December 04, 2023, 01:44:01 AM

So far we have come to know about many scams and many scams have been discussed in this forum. The biggest fraud I have seen and known is the SBF fraud. The fraud committed by FTX is considered to be one of the biggest frauds ever. Investors have lost huge amounts of money due to this scam and many investors have lost confidence in crypto platforms and exchanges.

Yes. FTX is one of the biggest but not the biggest of all I believe when considering mt.gox and in terms of BTC. With that said, many people are used to it. They can lose their confidence but that is only for a while and later on they will come back again.

Quote from: Litzki1990 on December 04, 2023, 01:44:01 AM

Mixer campaigns have cheated but those cheats are nothing compared to the FTX cheat because the FTX cheat is one of the biggest cheats I have ever seen. SBF was heavily penalized for this massive fraud even though investors did not get their money back due to his conviction.

Are you referring in the mixer signature campaign in the forum? Maybe some are cheaters, in a way that they don't pay the manager and their participants. If you are only referring on the mixer itself/alone, again maybe some can cheat because they don't return their customer's coin. For the legit ones, I think you can't call them a cheater because their primary purpose is only to enhance the user's privacy. And I think not all who does that are cheaters.

Maybe millions, billions, and so on... dollars can be involved sometimes. So, it is actually possible that they can be bigger than the amount involved in the FTX scandal but the case of FTX is different. They are more harsh since a lot of people have been affected.

Peanutswar

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Bitcoin Casino Est. 2013

During my newbie era I was so curious about a lot of things and of course, being a newbie before you want to gain knowledge by joining in different discussions related, to forums, channels and of course there are some scam projects right there that they keep promoting, once you invest in being a late comer, or getting trapped with your asset while seeing the price of the coin you bought to them getting dump I experience these too that's why I avoid that before you can see those scam projects telling that they can double your money instantly and make an ROI in just a week without hassle, people expecting this as crypto being easy to earn why they commit here like the story of other people but not as always it happens. Sooner or later you'll recognize scam projects with their actions and promotions now getting wise is a must in investing not all projects promote a good long-term profit. Even using social media now hack accounts promoting give away of coins once you make deposit old strategy still there's a lot of victim giving awareness to newbies is a must why people keep posting here to avoid.

Junoto

jr. member

Activity: 38

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Quote from: Strongkored on December 05, 2023, 01:23:28 AM

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

The biggest scam is the ICO where developers get huge amounts of money from investors and use that money to pump the market and dump tokens/coins that they hold on the market so that the price drops very deeply and after that they just throw away their project without ever realizing what has been mentioned in the whitepaper, and the developer will repeat with a new project using a different name and photo, I don't remember how many people lost in the ICO but that is stupidity that has happened in the crypto world because of the many ICO coins maybe only 1% are still there with good development.
Caution is important but you are very likely to get scammed because fraudsters will use new methods, never trust people we know in the online world especially if they promise hundreds of percent profits because that is the most common fraud.

This is very beneficial for my future, if I check your profile, you have joined this forum since 2015. I'm sure you've experienced and come a long way. May I ask for advice so that I can be like you and how to improve on this forum, considering that I am still a beginner.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

Never that I become one (at least not from investing ok? as it was your question all about?) i was being scammed by Airdrop and some ICO bounty in the past in which the dev did not pay us for our works, and others have pays us but with their trash token that did not reached the exchange meaning has no meaning at all.

GeorgeJohn

hero member

Activity: 1400

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Bitcoin is achievement

The issue is that some pushed themselves into scam projects either by the advert they see in other social media platforms such as twitter, Instagram, Facebook and telegram and telegraph, most especially in twitter where cryptocurrency influencers and investment influencers will come in to ensure that they deceived you, so I believe that what makes people to be a victim of scam is because of the information they obtain and secondly when you are desperate to achieve something else you will be easily been scammed.

Myself I have escape many scam and that is what makes me I have not recorded any scam or be a victim of scam before, whenever you see a scammer you will know, even in cryptocurrency projects like altcoins projects you will know that this is a scam, the reason while some of us doesn't detect scam is that we are desperate to venture into that or into what we see or what we heard of something without test running or investigate the stuff first...in any thing I'm doing I ensure I have make a proper consultation or research about the thing before I venture into it. So in summary we can be scam when we are desperate.

Strongkored

legendary

Activity: 2758

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Leading Crypto Sports Betting & Casino Platform

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

The biggest scam is the ICO where developers get huge amounts of money from investors and use that money to pump the market and dump tokens/coins that they hold on the market so that the price drops very deeply and after that they just throw away their project without ever realizing what has been mentioned in the whitepaper, and the developer will repeat with a new project using a different name and photo, I don't remember how many people lost in the ICO but that is stupidity that has happened in the crypto world because of the many ICO coins maybe only 1% are still there with good development.
Caution is important but you are very likely to get scammed because fraudsters will use new methods, never trust people we know in the online world especially if they promise hundreds of percent profits because that is the most common fraud.

Potato Chips

hero member

Activity: 2674

Merit: 865

yesssir! 🫡

If I'm not wrong, you're asking if one of us have been scammed? as for me, not yet and I hope it stays that way.

The trick is to:

1. Play it safe as much as possible, in short, stick to what has been effective for a long time, then the chances of getting duped will be less likely.
2. Be informed of the blatant scams. There are a shit ton of these that keep on popping up but they're the easiest to avoid IMO because they're formulaic e.g. too good to be true returns, obscure AF, unsustainable business model, unprofessional, etc.
3. Make an effort to improve your personal security and privacy as they're all correlated in some ways.

Lasty, try to always ask here if you're not sure!

Assface16678

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★Bitvest.io★ Play Plinko or Invest!

Quote from: AbuBhakar on December 04, 2023, 02:10:59 PM

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

Many times before but due to my participation on bounty campaigns which I failed to cash out my tokens before the project turns to scam because I have high hope that it will be successful.

But for a scam project that I purchased, I guess I have one time when I purchase LUNA the moment it initially dump the price from 100$ to 5$. I thought it will still recover until my 4K$ turns to penny when LUNA price goes beyond zero and airdrop to a much worst LUNC token.

Well, that's unfortunate. I guess many of us here experience something similar to yours: getting scammed by a project, and it can be seen in the situation here. Anyway, now that you've experienced it, I'm sure you know how to avoid it if you find another project. It's safer to join a project with many participants or a trusted project, like those projects or, let's say, signature campaigns that do a lot of rounds of projects. Honestly, I still don't encounter being scammed because before they do, I know that they are not trustworthy, and before I join, I conduct research and background checks on the project because I don't like wasting my time and effort on something that doesn't benefit me. So even though there are sections here in bitcointalk that flagged those scams, there are still many users here being scammed, and not just here in this forum. I'm sure many are being scammed outside of this forum, and in relation to crypto currency, as many have malicious intents, take the opportunity, so it will depend on how secured and careful we are.

Timmzzy

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Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

I only do projects that comes from BOUNTYPORTAL, BOUNTY DETECTIVE, JCHAMPAIGNS, BRANBOSS, WAPINTER aside these ones I just mentioned every other projects or bounty campaigns that's not managed by these ones I mentioned I don't do them...

AbuBhakar

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🇵🇭

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

Many times before but due to my participation on bounty campaigns which I failed to cash out my tokens before the project turns to scam because I have high hope that it will be successful.

But for a scam project that I purchased, I guess I have one time when I purchase LUNA the moment it initially dump the price from 100$ to 5$. I thought it will still recover until my 4K$ turns to penny when LUNA price goes beyond zero and airdrop to a much worst LUNC token.

GxSTxV

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Merit: 607

It’s so amusing for me to see this topic because I was just scammed yesterday, you can’t imagine the amount of scammers and the different ways and types of scam online. Just in here, Bitcointalk forum you may find many scammers that are trying to phish and steal your wallet, steal you BTT account or even have access to your device.
Some methods are old school and easy to notice and catch, but some methods are very tricky and manipulative, in some point scam is something that made think how people can be smart just for money. Starting here from the perfect looking projects they build and design to trick people, one time they made me download their good looking web3 game combined with a virus or a code that stole my wallet keys and assets inside.

I wish one day we have topics with all lessons and warnings explaining all the scam methods and how to avoid being a victim before it’s late. Some people are dealing with millions of dollars and their life savings so imagine they get stolen by a scammer?

Nrcewker

copper member

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Merit: 536

Building my own Dreams!

Quote from: Junoto on December 03, 2023, 11:31:44 PM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

In order to avoid scams, always deal with oldest sites, or sites with good feedbacks or reputations. These types of sites hardly to any scams. The scams are mostly seen with new sites. These new sites offer attractive promotions or offers, for which many newbies fall for them and hence get scammed. So basically you need to be careful yourself in order to be saved from scams. I haven’t been scammed till now by God’s grace, but yes that doesn’t mean I won’t remain careful any longer.

traderethereum

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Activity: 2856

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I don't really remember how many times I got caught in a scam project because I don't want to feel sad remembering it. Just let the scam project go and we have to look for other, more promising projects. What often happens is that there is no payment when the time comes for payment because the developer and his team run away with the investor's money.
We can't do anything because it's beyond what we expected. After all, the scam project can happen anytime and anywhere without us knowing. Even BM didn't know that their project would later become a scam and they would also become victims.
We can only be careful in choosing the project and always look for information from many places and compare it. And if necessary, we can also find out through the official channels of the project.

terrific

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#SWGT PRE-SALE IS LIVE

Quote from: Junoto on December 03, 2023, 11:31:44 PM

And what factors deceived you?

This was long time ago and I've been with the herd that where people go, I also go. I've learned my mistake and that's not to be reliant to everyone.
A crowd that says that something is good to invest, it could have been the same people all over again that's being shilled to the community.
So don't be too gullible when you're an investor and it's not always a good day to invest when you have just found a new project, as we say, DYOR.

Topic: How many scams have you caught? - page 3. (Read 564 times)