How to prevent fraud? - page 11. | Bitcointalksearch.org

Altero

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Quote from: dat.ho12492 on June 05, 2019, 10:43:24 AM

Quote from: emmybd on June 05, 2019, 01:51:27 AM

A lot of fraud has happened in the ICO projects over the past one year or so and many people have suffered because of it. I believe fraud can't be prevented it can be minimized by strict regulations and monitoring.

Fraud is very difficult to prevent when the activities of the projects are always very secretive, they often do not provide too much assurance, the cooperation between them and investors is always based on the main belief factor, want to prevent need as you say, regulation and supervision need to be more stringent. And in combination with that, I think the IEO is a solution to prevent and limit fraud from projects when the IEO allows us to have liquidity when investing, projects should apply more to increase reliability

If we look that certain project suspicious or something that they can't answer our queries will be possibly a way of fraud. We can escape from this if we are blinded enough to think about what will happen to this.

Yes, fraudsters are so smart and they do a lot to twist minds of investors and they don't look too suspicious. We only realize it once we've been caught by them. It is a reality that we can't be denied, we are lucky enough if we are not their victims.

dat.ho12492

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Quote from: emmybd on June 05, 2019, 01:51:27 AM

A lot of fraud has happened in the ICO projects over the past one year or so and many people have suffered because of it. I believe fraud can't be prevented it can be minimized by strict regulations and monitoring.

Fraud is very difficult to prevent when the activities of the projects are always very secretive, they often do not provide too much assurance, the cooperation between them and investors is always based on the main belief factor, want to prevent need as you say, regulation and supervision need to be more stringent. And in combination with that, I think the IEO is a solution to prevent and limit fraud from projects when the IEO allows us to have liquidity when investing, projects should apply more to increase reliability

joshy23

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Quote from: emmybd on June 05, 2019, 01:51:27 AM

A lot of fraud has happened in the ICO projects over the past one year or so and many people have suffered because of it. I believe fraud can't be prevented it can be minimized by strict regulations and monitoring.

Minimizing by doing actions like this, like what most of those who suffered being victimized by this act, it's very important to find ways to prevent
this things to happened to you, keep doing research before participating to anything like this.

awik p

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Pepemo.vip

Quote from: Vishnu.Reang on June 05, 2019, 08:46:34 AM

First of all, everyone needs to understand that there can be no better investment than Bitcoin itself. That is, unlike the case with the fiat currencies you don't need to invest your cash in to assets such as stocks and real estate. If you want to use your BTC for investment in assets such as crypto-stocks and crypto-bonds, then it is your call, but I would never prefer something like that.

I agree. simple to anticipate fraud. we only invest in bitcoin. and this method is very easy without thinking about many things. it's not like we invest in ico, where you have to think of white papper, softcap, hardcap, listing exchange, etc.

Vishnu.Reang

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First of all, everyone needs to understand that there can be no better investment than Bitcoin itself. That is, unlike the case with the fiat currencies you don't need to invest your cash in to assets such as stocks and real estate. If you want to use your BTC for investment in assets such as crypto-stocks and crypto-bonds, then it is your call, but I would never prefer something like that.

indrakusumaindra

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Quote from: Anies_Sandi on February 21, 2019, 11:19:52 AM

for now, be careful and careful to choose the ICO project to be used as an investment place, because most ICOs are now deceptive. so don't ever choose a strange project

Well right now there is a way to join money funding in safer way such as IEO and STO which is more legal and more trusted. So i do think ICO is a bad choices for investments right now, cause its full of fraud and scam.

SvonioneFromMangoCoinz

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https://streamies.io/

Quote from: gantez on February 21, 2019, 02:21:17 PM

Nice analysis. Classifying fraud in two categories as insider and outsider is nice. However, I think as far as cryptocurrency fraud and scam is concern, I don't know where you want to classify that, maybe outsider because it is a public offer, if I'm not wrong.

I generally try to be careful anyway.

Sometimes we have a good analytical experience but it is inevitable that things are bad. A really potential project like ARAW has given a lot of promise and their products have been produced and have quite a lot of partners. But the worst is that after the market collapsed at the beginning of 2019, it didn't have anything left. Currently the ARAW business value is only $ 225,000 while they have attracted more than $ 17 million previously. so we always need luck.

befriendmywater

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Quote from: emmybd on June 05, 2019, 01:51:27 AM

A lot of fraud has happened in the ICO projects over the past one year or so and many people have suffered because of it. I believe fraud can't be prevented it can be minimized by strict regulations and monitoring.

The worse thing is that in the crypto market, we cannot get strict supervision from the law. that's why scammers often flutter and they can repeat many projects to cheat everyone's money.
The STO project really does not make me believe in these new projects. I think we should be more selfish and think for ourselves more. There should be no confidence in any project in this crypto market.

armarsterling7

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Quote from: Anies_Sandi on February 21, 2019, 11:19:52 AM

for now, be careful and careful to choose the ICO project to be used as an investment place, because most ICOs are now deceptive. so don't ever choose a strange project

Yes. In the crypto market, fraud happens in many ICO projects and it really disappoints me. The first is legally, in the crypto market, investors are not protected and it has created a very good opportunity for fraudsters to become more.
When you trade, we also have to worry about unreliable exchange. When investing in ICO projects, the risk is higher. Therefore, we should learn how to analyze risk and manage finance, it will help us a lot in this market.

emmybd

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A lot of fraud has happened in the ICO projects over the past one year or so and many people have suffered because of it. I believe fraud can't be prevented it can be minimized by strict regulations and monitoring.

reality18

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Earn more with Earn Network

Crypto is a free market with no set strict rules and regulations to check fraud and other scam activities, hence investors and traders are always informed to take precautionary measures before embarking on any investment. Precautionary measures may include the conduction of extensive researches on the project to ascertain its level of authenticity and potentials.

Adriano2010

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Indeed is a lot of fraud and also on crypto, i think all crypto users should inform and take as much security measure they can, they can also buy a hardware wallet to store safe their coins, and alo they should research before invest and check always exchange website if is the correct address.

BlueStackz

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Quote from: Cherylstar86 on April 27, 2019, 03:14:38 AM

Precisely, people who are lack of knowledge and wisdom about what he/she penetrated will fall on the tricks that made by the swindler. In order to evade from fraud, we have to be observant the field and be wise to every decision we made, because nothing can bet with a skillful and knowledgeable person who are confident on every deliberations.

Knowledge is power they say, you are right that we have to be very verse in knowledge if we don’t want to be swindled or be a tool for the swindler, we need to keep our knowledge about the cryptocurrency up to date, we also need to endeavor to be a reader and a research, through our research, we will be able to know what others have experienced and how they have been able to overcome it, especially in the area of scam.

Initially I was confused about how to avoid falling into the hands of ICO frauds until I started learning from people’s experiences and advise which I have taken some and applied to my decision and have helped me a lot in getting genuine projects.

Cherylstar86

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Quote from: zee11225 on April 27, 2019, 12:33:38 AM

Quote from: kyucryp on March 30, 2019, 05:09:14 AM

very easy, keep up to date and the latest news about crypto currencies and blockchain by reading or participating in crypto seminars from trusted sources. do not be easily affected by negative issues or invitations to follow airdrop or bounty that do not have good structure and management.

Fraud can occur because of the weakness of the cryptocurrency owner who does not realize that he has entered a cyber crime trap, for example, always responding to emails from unknown people or going to a dummy site that is indeed installed by fraudsters.
To avoid this, you should always know the email, site, or social media that contain malicious links. Don't forget to always update your anti-virus, your password number, and follow the crypto expert's advice that tells you security that there is no fraud or hacking.

Precisely, people who are lack of knowledge and wisdom about what he/she penetrated will fall on the tricks that made by the swindler. In order to evade from fraud, we have to be observant the field and be wise to every decision we made, because nothing can bet with a skillful and knowledgeable person who are confident on every deliberations.

BeGoods

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Quote from: hawkins on March 30, 2019, 04:51:49 AM

Quote from: beami on March 30, 2019, 03:28:14 AM

We can only avoid fraud, no need to trust the ICO project but have to learn in detail. If we can find out the smell of fraud then we can avoid it and we might be able to report to the bitcointalk moderator or we can enter the part of the reputation thread or meta thread if we have evidence if it is indeed a fraud.

well, jam, we also need to be careful before investing, because it is very difficult to avoid when you are more condemned investment than looking for information. don't be too interested in the benefits that can be obtained, but try to find the truth first.

just more carefully, more selective, and more suspicious. it's a trait that can make you more sensitive to projects that smell of fraud.
if you want to know more then find a lot of scam projects, then what distinguishes them from the success project. and you will learn something to prevent fraud

Valhalaa

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Quote from: CherylltheBombshell on April 01, 2019, 05:24:36 AM

Fraud is a serious issue that can take down business no matter how small or big it is. To prevent fraudsters, one must have audit internally and externally and also scrutinized the management and give rewards to thos people who perform and derserving.

there are many hoaxes that have to be filtered from the information so as to avoid fraud from various parties, because this kind of crime or fraud has happened since time ago, not just now, but now the motives are diverse, I prefer to avoid fraud to find information from official websites and don't believe in less reliable news
and don't easily believe in 1 news source

zee11225

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Quote from: kyucryp on March 30, 2019, 05:09:14 AM

very easy, keep up to date and the latest news about crypto currencies and blockchain by reading or participating in crypto seminars from trusted sources. do not be easily affected by negative issues or invitations to follow airdrop or bounty that do not have good structure and management.

Fraud can occur because of the weakness of the cryptocurrency owner who does not realize that he has entered a cyber crime trap, for example, always responding to emails from unknown people or going to a dummy site that is indeed installed by fraudsters.
To avoid this, you should always know the email, site, or social media that contain malicious links. Don't forget to always update your anti-virus, your password number, and follow the crypto expert's advice that tells you security that there is no fraud or hacking.

sulendra12

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Just don't even look at those news, or even if you want to you can just take it as a reference just to be careful but don't go easy to take it seriously because it's just frauds they do want to make your stuff become way worse.

Quote from: CherylltheBombshell on April 01, 2019, 05:24:36 AM

To prevent fraudsters, one must have audit internally and externally and also scrutinized the management and give rewards to thos people who perform and derserving.

You as well, we shouldn't spread the fraud news so it's not globally affected.

jhonjhon

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Quote from: CherylltheBombshell on April 01, 2019, 05:24:36 AM

Fraud is a serious issue that can take down business no matter how small or big it is. To prevent fraudsters, one must have audit internally and externally and also scrutinized the management and give rewards to thos people who perform and derserving.

We can easily be fall into that if we aren't in good minds. Frauds is a shady action for those people who wanting to deceive other peoples trust and even not knowing of what they do. Probably, the common victims with these are those person's that are to ignorant and don't have knowledge. They's can easly be fooled and having their trust.
We could only just stop this if we are not in the silence and to engage more in this forum and it surely we've gather more ideas.

CherylltheBombshell

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Fraud is a serious issue that can take down business no matter how small or big it is. To prevent fraudsters, one must have audit internally and externally and also scrutinized the management and give rewards to thos people who perform and derserving.

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