The Twitter case was a bold attack by these ill-intentioned hackers. They discovered a vulnerability and agreed to execute their plan. This is an apprenticeship for the community to be able to recognize that something is wrong and to report abuse.
We also need to improve our security as netizens. It is a priority for developers to build more robust and secure applications on the internet.
Topic: How to Protect Yourself from Fraudulent Bitcoin Giving - page 3. (Read 1319 times)
Everything in this world has a price, don't believe in free money. Because there is no such thing, even though there is a percentage
approaching to zero. So stop dreaming of getting free money or instant money, working hard to get money is a reality that we have to do.
Educate yourself so you can think rationally, and never be interested in rewards to be good to true. Classic advice but proven effective.
Free money is actually a thing in the airdrops where you can make a fortune, only you have to participate and do some minute tasks, a couple years back airdrop hunting used to be pretty decent job just like what bounty hunters used to do. But now participants have increased and the amount of the rewards is decreased, so it isn't worth it any more. But talking about bitcoin giveaways, they aren't real no more, even the faucets are giving pretty less amount of bitcoins in a single turn so how can you expect someone so generous on the internet to send you free money you just have to send them only your bitcoin address!! Doesn't feel right, right?? approaching to zero. So stop dreaming of getting free money or instant money, working hard to get money is a reality that we have to do.
Educate yourself so you can think rationally, and never be interested in rewards to be good to true. Classic advice but proven effective.
they are aimed at the greed of some people, for those who use the market for a long time will know it's a scam, new people often aren't aware enough, yes, nothing is free
That’s right nothing is free but most of the people easy to get of this amid giveaways spreading. The way that we could protect ourselves is never join if we don't understand about crypto. It is very true what others said to learn about crypto so we could understand and can avoid these frauds.
All you need is just to simply educate yourself.
Crypto is a place where the risk is high due to the lack of regulation, and if you are following the trend, a lot of people complain they lose money but most of them are newbies who enter into the market thinking that making money is very easy, but they were wrong because they got scam instead.
With continues education, I don't think we will fall for a scam, we will even know how to protect ourselves or our accounts from these scammers.
As long as we know they exist, we will know what measures we will do.
Crypto is a place where the risk is high due to the lack of regulation, and if you are following the trend, a lot of people complain they lose money but most of them are newbies who enter into the market thinking that making money is very easy, but they were wrong because they got scam instead.
With continues education, I don't think we will fall for a scam, we will even know how to protect ourselves or our accounts from these scammers.
As long as we know they exist, we will know what measures we will do.
I think that's the thing most people forget about or at least isn't educated about. I think the most important factor that affects scamming is the fact that people is lacking knowledge in computers, cyber security, internet, and most importantly investment as ignorants still think that there is free money in the internet.
Exactly, there's no need to force ourselves to be in crypto if we can't even understand the basic.
Knowledge is very important, like people say, invest when you understand what you are investing, so with that, we can assure there's a risk and we can only minimize that risk if we have the knowledge. Well, hopefully they will learn from their mistakes as this market won't grow if the scammers will continue to penetrate and successful on what they are doing.
Remember what they say, there is no such thing as free lunch. I think that people are often very naive and not aware they can easy become a scam victims.
To my opinion the key for that is education and awarness, everyone needs to learn how to protect himself online because that has because our new reality
I don't fall for any offers, don't click on links in emails sent from unknown persons and don't believe that someone will give me something for nothing.
To my opinion the key for that is education and awarness, everyone needs to learn how to protect himself online because that has because our new reality
I don't fall for any offers, don't click on links in emails sent from unknown persons and don't believe that someone will give me something for nothing.
Don't look for free money there is no such thing exists here, all we need to do is just have to earn our own money and it is possible of many ways that is how those people got rich not by participating on any giveaways.Be smart enough to smell the scams in the twitter hack its very easier though but still millions of dollars were send to that address and now everything gone.
1. If you are feeling desperation then do not take the giveaway because you are clearly not thinking right, scammers in this time feed on people being desperate to earn extra.
2. Always remember that no person in their right mind would give away their bitcoin, remember that bitcoin is circulating and they can't be made out of thin air(metaphorically).
3. Check the comment section if there is any because it will give you some clue, if there aren't any then you have a red flag, if most of the comments that you see is always a positive, have doubts because they might be bots.
4. Don't think with your heart when it comes to finances, think with rationality, there is a reason that the brain is higher than the heart, emotions can cloud judgement so when you ever stumble across this give away scams, do not be joyful, investigate the premises and have common sense.
2. Always remember that no person in their right mind would give away their bitcoin, remember that bitcoin is circulating and they can't be made out of thin air(metaphorically).
3. Check the comment section if there is any because it will give you some clue, if there aren't any then you have a red flag, if most of the comments that you see is always a positive, have doubts because they might be bots.
4. Don't think with your heart when it comes to finances, think with rationality, there is a reason that the brain is higher than the heart, emotions can cloud judgement so when you ever stumble across this give away scams, do not be joyful, investigate the premises and have common sense.
Just don't be greedy. Remember one thing, "Nothing is free in this world"
This is the best way to protect yourself from Fraudulent giveway.
This is the best way to protect yourself from Fraudulent giveway.
My cousin was scammed yesterday, and I realized something.
They are not greedy. With the pandemic happening, people are actually having a hard time earning money since they are just in their houses for quarantine. A lot of people are giving their own ways to help and there are those people that really needed it. I know most of us will not fall for this, but not all of us are greedy, there are those that really needed it.
Everything in this world has a price, don't believe in free money. Because there is no such thing, even though there is a percentage
approaching to zero. So stop dreaming of getting free money or instant money, working hard to get money is a reality that we have to do.
Educate yourself so you can think rationally, and never be interested in rewards to be good to true. Classic advice but proven effective.
approaching to zero. So stop dreaming of getting free money or instant money, working hard to get money is a reality that we have to do.
Educate yourself so you can think rationally, and never be interested in rewards to be good to true. Classic advice but proven effective.
Whenever something is given free, we need to know on what basis it been given. For example, something is given as a compliment on some purchase it doesn't mean it is free. Indirectly we'll pay for it. Here the consumers are happy about the compliment while the seller is happy with added revenue. With bitcoin giveaway same is happening, the scammers just to make people happy term it a giveaway and the common users fall for it. Finally, only the scammer feels happy. 
Too good to be true. Unfortunately, many people are tempted by this bait, moreover, we are all in a difficult situation, so when there is a tantalizing offer it will be immediately taken without thinking of the risks.I found a lot of invitations to invest with the lure of thousands of dollars in a wallet, it is suspicious, even if there are people who can get it the easy way, surely he will not be as easy as that revealing his secrets and inviting others to follow the trail, it's a trap. As you explained, we must analyze the background of the reward, check on the official account of the project or company listed (if any). And the most important thing is not to trust anything easily, especially if the investment offer or airdrop requires you to send some funds, it's a scam.
Whenever something is given free, we need to know on what basis its been given. For example something is given as a compliment on some purchase it doesn't mean it is free. Indirectly we'll paying for it. Here the consumers are happy about the compliment while the seller is happy with added revenue. With bitcoin giveaway same is happening, the scammers just to make people happy term it a giveaway and the common users fall for it. Finally only the scammer feels happy.
In this pandemic, people are getting blinded when they say they will be giving money. Yesterday my cousin was scammed for winning a raffle sending the scammer &18-$19. I told her it was a scam but she is not listening.
Anyway I've been thinking that this is a hacking incident, right? Also a fraud but can we still say this is a scam too? When I told my co teacher he immediately say scam so I was really confused now if this is a hack/fraud incident or a hack/scam incident, maybe hack/fraud/scam incident? Anyone?
Anyway I've been thinking that this is a hacking incident, right? Also a fraud but can we still say this is a scam too? When I told my co teacher he immediately say scam so I was really confused now if this is a hack/fraud incident or a hack/scam incident, maybe hack/fraud/scam incident? Anyone?
Just don't be greedy. Remember one thing, "Nothing is free in this world"
This is the best way to protect yourself from Fraudulent giveway.
This is the best way to protect yourself from Fraudulent giveway.
Thanks for this write up. Many people got into the mess because of the giveaway that is common place nowadays. The hackers did a good job by hacking into the accounts of notable personality and senoir citizens of the world and incidentally those account were the personality verified twitter accounts. Greed on the part of the victims could not be over emphasised
Just having basic common sense and stepping away from the situation to see the whole picture will help a lot.
Take some time and observe. Think.
People just need to think a little more about what they're doing.
Not being greedy is the way to go, only greedy people would have sent the bitcoins to those addresses that the scammers gave on Twitter to send bitcoins to. The thing is, if they would have waited then the giveaway would have been over, in fact they should have calculated the time required for getting the transaction confirmed on the network, in most of the cases the transaction is taken up after 2 or 3 blocks even with priority fees. So how could have they sent the bitcoins in the next 30 minutes, I also saw the tweet as I have kept the notifications on for tweets from Binance and Elon Musk, I thought this through and this actually saved my bitcoins from falling into the hands of those scammers. Take some time and observe. Think.
People just need to think a little more about what they're doing.
Most likely people get excited when they see those celebrities tweet about BTC and often took the bait of the scammers. The tweet leads to the loss of money of the others where they thought the tweet of the known people was true and legit.
Just like what happen recently?when the prominent people/celebrity's account are hacked and use for solicitation here in crypto world?lucky that they only gather small amount of crypto from the victim who willingly help the politics.Quote
This is why we should think about it first before making any moves regarding that kind of post because no matter who's gonna say it,
That is the problem like what happened last week,the twitter supposedly secured and no one knows that this is hackable right?Quote
it doesn't make any sense when a person told you to double your money without even doing anything to him in return. This hacking incident may serve as a lesson to be vigilant next time we see this kind of post.
i think that twitter had already create a wall against hackers to prevent this same situation from happening again.
Just having basic common sense and stepping away from the situation to see the whole picture will help a lot.
Take some time and observe. Think.
People just need to think a little more about what they're doing.
Take some time and observe. Think.
People just need to think a little more about what they're doing.
Frauds are everywhere, they exists even offline but since we are in the online world it is inevitable process that many fall for that mischief acts and many people grab that easy quick money giveaways or double scheme just what happened in the latest incident that involved many famous accounts were hacked and were used to scam people in the internet specifically on twitter crypto community.
Scams are clicking because there are clickers, if all people will be as aware as a knowledgeable person then scams won't work anymore, even how hard the scammers will try. The main reason why online scams are still working is because of people who sees an opportunity in it without prior knowledge to it because they are blinded with the money as promised. Perfect example is the incident that happened in twitter, though it is an obvious scam a lot of people did fall for that one. It's best always stay vigilant not to engage quickly on bogus giveaways and always asked second opinion to some friends that knows more about it. Importantly educate always on things that are not familiar and always not to click suspicious links.
Personally after learning in a while, I already quit hoping for an easy money online, I quit engaging with it even the airdrops. You haven't really provided ways to protect yourself against Fraudulent Bitcoin giveaways as your title suggests, but you're right in the sense that if it sounds too good to be true, it likely is. The same goes for any cryptocurrency for that matter. If I project is doing an air drop even, that just means it has little leg to stand on otherwise they wouldn't be giving away free coins.
well, the user just gave an idea to the possibilities of this hacker that might use social media to scamming. OP has mention regarding on the accounts of celebrities that could be use for scamming. Yes there is a big possibility that this will going to happen but I think since news is fast I think many are already aware of it that these social media accounts of celebrities can no longer be use in scamming. 
You haven't really provided ways to protect yourself against Fraudulent Bitcoin giveaways as your title suggests, but you're right in the sense that if it sounds too good to be true, it likely is. The same goes for any cryptocurrency for that matter. If I project is doing an air drop even, that just means it has little leg to stand on otherwise they wouldn't be giving away free coins.
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