Topic: How to eradicate scam in cryptocurrency ? (Read 1436 times)
Crypto currency world or industry is a big one and I don't think there is a way to totally eradicate scam here. The only way out is to know what you are doing before you do it. That is the only way to avoid scam .. I almost fell into this trap myself but when I researched every information about the scam I see what it really is
Cryptocurrency industry is a risky business. Like any kind of activity. And fraudsters are operating everywhere. I do not think that it is possible to exclude them completely from the market. Anyway, there is someone who can penetrate.
Services to handle scams need to start appearing/cropping up, and they have to have the authority and respect of the Bitcointalk community to begin with.
Really suggest you guys start lending a hand to ICOEthic's and his team, they've been doing an amazing job fighting scams, and making them public. icoethics.com and or https://bitcointalksearch.org/user/icoethics-2204241
Really suggest you guys start lending a hand to ICOEthic's and his team, they've been doing an amazing job fighting scams, and making them public. icoethics.com and or https://bitcointalksearch.org/user/icoethics-2204241
Yes, it can help to kill rogues, but then the question arises, these sites have a lot and they are not much help in the fight against fraud, as their rating can be bought for money. Here the website needs to act as a guarantor to the fact that he is independent and tell why one project is alive and the other fraud.
All of it starts with our own and that also requires awareness from us.
If we find it then it is better to give advice to our friends or family do not follow the ICO SCAM.
You can't. Money always had scammers and no matter what you use there will always be scammers. For example there was scammers during roman times as well, they tricked people to take their money and run away with it, 2000 YEARS AGO! There was a dude that sold the eiffel tower in paris as, there was american dude that sold empire state building. If we find it then it is better to give advice to our friends or family do not follow the ICO SCAM.
These were all with fiat currency we use everyday. Now bitcoin has scammers and yes it is much easier to actually scam people with bitcoin because technology improved everything, it is easier to communicate with other people thanks to improved tech but that allows people to reach a global audience when they want to scam people and not stay just local.
I think it's impossible to do. In any business there are always people who want easy money at any cost. Take any industry. Scamers have always existed, and in the modern world they became even more, since became more opportunities to deceive people. Moreover, in our time, unfortunately, money stay on the first place for most people.
Hello,everyone I think there is an urgent need to end scam in cryptocurrency industry.In other to achieve this there is need to put in place a reputable site that will serve as a symbol of trust in this industry. So that any ICO that does not have the approval of this site will not be trusted. Do you think this can help to eradicate scam in cryptocurrency industry ? Or it can only bring a measure of protection to investor in the cryptocurrency ? Please let's have your opinion
as long people still believe the beautiful story told by ICO sales person, undermining peoples greed. The scam still on for decades, be it securities, bonds, equities, stocks, people never get tired of this kind of scam.
Well I don't think it is possible to completely eradicate scam completely from the cryptocurrency world we can alone reduce it by setting up and internal regulations on various sectors of the cryptocurrency world
All of it starts with our own and that also requires awareness from us.
If we find it then it is better to give advice to our friends or family do not follow the ICO SCAM.
If we find it then it is better to give advice to our friends or family do not follow the ICO SCAM.
Hello,everyone I think there is an urgent need to end scam in cryptocurrency industry.In other to achieve this there is need to put in place a reputable site that will serve as a symbol of trust in this industry. So that any ICO that does not have the approval of this site will not be trusted. Do you think this can help to eradicate scam in cryptocurrency industry ? Or it can only bring a measure of protection to investor in the cryptocurrency ? Please let's have your opinion
There should be a site like that, but due to our greed is too large and there is too less knowledge about ICO. I hope there are specific guides for beginners
This project is so unique and refine
To remove fraud from cryptography will help only the state with its bodies of investigation, judging and punishment. The state may not recognize crypto-currencies and even have prizentions to them, but the government must support the order and the scammers in their country.
I think that the scam of cryptocurrency is difficult to eradicate completely. I want to wait until the encryption market develops to a certain extent, and the government will participate in it. By formulating laws and regulations that are compatible with the encryption market and implementing it carefully, we can effectively crack the scam of cryptocurrency.
Hello,everyone I think there is an urgent need to end scam in cryptocurrency industry.In other to achieve this there is need to put in place a reputable site that will serve as a symbol of trust in this industry. So that any ICO that does not have the approval of this site will not be trusted. Do you think this can help to eradicate scam in cryptocurrency industry ? Or it can only bring a measure of protection to investor in the cryptocurrency ? Please let's have your opinion
Only government interference in form of policies and regulations can reduces scam in cryptocurrency industry. A review website can not be 100% trusted.
Hello,everyone I think there is an urgent need to end scam in cryptocurrency industry.In other to achieve this there is need to put in place a reputable site that will serve as a symbol of trust in this industry. So that any ICO that does not have the approval of this site will not be trusted. Do you think this can help to eradicate scam in cryptocurrency industry ? Or it can only bring a measure of protection to investor in the cryptocurrency ? Please let's have your opinion
Only government interference in form of policies and regulations can reduces scam in cryptocurrency industry. A review website can not be 100% trusted.
I think there is no way to eradicate the scam of the cryptocurrency industry at the moment! If a country can do this, then I will be happy to support them!
Even though there are new ways to avoid and make sure the site for ICO and determining it's scam or not, surely a scammer will continue to search the site for hacking. I just though in the internet network who made by human there is will be find some error and be used by some scammer to manipulate so that the project is legit.
Hello,everyone I think there is an urgent need to end scam in cryptocurrency industry.In other to achieve this there is need to put in place a reputable site that will serve as a symbol of trust in this industry. So that any ICO that does not have the approval of this site will not be trusted. Do you think this can help to eradicate scam in cryptocurrency industry ? Or it can only bring a measure of protection to investor in the cryptocurrency ? Please let's have your opinion
this can really help in fighting scam as icos scammers are the reason cryptocurrencies has not getting mush adoptions. However, to get that trusted site will be very hard as most of the rating sites we have now has started to manipulate and joined hands with scam icos. I guess it is impossible. Wherever there is money to be gained, then there will be scams - true words.
I don't agree with you dude, There are various ways which scam ICO and currencies can be eradicated. A good example is what He stated in his introductory statement about the topic. A lot of team members have put themselves up to solve this problem. And they are gaining a lot of support. In the near future, those who don't want to be scammed will never be scammed.
It will be hard to completely eradicate scam in cryptocurrency. The only thing people can do is thorough research and take every precaution before investing to avoid atleast some scams because even with strict regulations fiat is not scam free yet.
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