Topic: How To Spot A Bitcoin Scam (Read 2110 times)
I think most bitcoin scam are in mining contract! They will tell you to make certain amount of bitcoin daily or hourly. It is practicallly impossible to make a lots ofbitcoin in a shotest time period
if they offer you a big interest and big income and they said to double your money there's a chance that a scam its easy to spot them. but i dont know to other's they continue to gain although that scam is easy to know it...
Search for reviews, don't invest large amounts unless you are sure. You can ask for bitcoin signed messages as well.
Reviews sometimes don't help until they have started scamming people. Most of these sites will start well so as to lure in more gullible ones and after a little while when they already have huge userbase, the next thing you see is that the site is down for maintenance or they are having high payout until 'THE END'. 
Really hard to spot a Bitcoin scam. Bitcoin is anymorous so who can not figure out who really is behind that wallet address. So you should spot it by the user on forum is better than just keep tracking to some address bitcoin. The best way to spot a scam in bitcoin is through escrow. Usually people didn't want to use escrow is 95% scam.
Any ideas on how to spot a bitcoin scam?
It is EASY to spot a scam.
1. It is too good to be freaking true.
2. If it gets a huge amount of money from you and promises to DOUBLE or TRIPLE the amount in an 'X' time, which in this case is a very short time.
There is no easy money in bitcoin, unless it is a field of gambling. Everything has a risks and takes time and effort to earn. Free moneys are just for airdrops nowadays.
It's really easy nowadays unbelievable offers i saw online in india a group of people were trying to selling btc at the 60% of the market rate sad part people even fell for it luckily it was told that they have been arrested but this is one way of scamming.
Another way which is really famous mining if you see ico rock mining it looks like a pure scam people are still investing but the chances of it to be successful seems really less or other mining scams are get 10% daily and other bs like roi in 3 months.
Another way which is really famous mining if you see ico rock mining it looks like a pure scam people are still investing but the chances of it to be successful seems really less or other mining scams are get 10% daily and other bs like roi in 3 months.
Any ideas on how to spot a bitcoin scam?
Always remember this, If it's too good to be true, then it is not true. Lots of scammers will guarantee you a %profit by just doing nothing. This is very inviting and there are still lots people fell for it. A true investment and business should be done by hardwork and that you have to do something in order to grow your profit or business. You also have to make your own calculation if it is possible or not. If it sounds unreal, then just believe that it's not real after all.I agree unless they can see the future no one can gurantee a large amount of interest or profit. Some sites will offer you 1 bitcoin a day if you invest 0.01 bitcoin. There is no way they could earn that bitcoin in a day.
If you really interested in investing you can always search in google and here in the forum. There is a thread here of lists of scam sites.
It works no where and even in the normal world, there is nothing one can do to invest 0.01btc and get 1btc back that same day. There is no shortcut to success.
This basically depends on the kind of scam. Can you please describe a little bit more precisely about what type of scam do you speak?
Scam is scam! HYIPS offering a certain huge percentage return on investment in a short while, or those promising investors of doubling their currencies etc. There is no other name for it. The most important thing is for anyone to stay away from anything that is unrealistic, and even it sounds realistic, it is still good to find out first and make some due diligence before putting funds into such investment.
Any ideas on how to spot a bitcoin scam?
The best way to stop being scam by a scammer is to stop be greedy. I have lose money to scammer before and I know how bad it is especially when someone use a system like bitcoin to scam you! I have decided to only put my bitcoin in something worthwhile and never to be tempted by the bogus return being promise by most bitcoin investments returned by scammers. If we want to stop the activities of fraud star then we have to stop patronise any idea that is to good to be truth. 
This basically depends on the kind of scam. Can you please describe a little bit more precisely about what type of scam do you speak?
Scam is scam! HYIPS offering a certain huge percentage return on investment in a short while, or those promising investors of doubling their currencies etc. There is no other name for it. The most important thing is for anyone to stay away from anything that is unrealistic, and even it sounds realistic, it is still good to find out first and make some due diligence before putting funds into such investment. 
Any ideas on how to spot a bitcoin scam?
it's easy to tell the difference between fraud and the real form of investing with Bitcoin.if the site offers a profit of 10-20 fold then it is a fraud as does Multi level marketing or ponzi and such.
Their original investment did not offer a big advantage. team and its official website.
Most of these scams are.obvious from the beginning. Its just that sometimes, it seems to good an opportunity to let pass. And most scams actually make people earn money at the start just to lure you and others to it
Any ideas on how to spot a bitcoin scam?
Do you mean about the hyip or cloud mining? There are many kind of bitcoin scam if you can see it you will recognize that fast when it comes in hyip that offers big comeback of your money, You can't even get back your ROI there. Imo its better to do tradings than investing your money for nothing.Any ideas on how to spot a bitcoin scam?
it's easy to tell the difference between fraud and the real form of investing with Bitcoin.if the site offers a profit of 10-20 fold then it is a fraud as does Multi level marketing or ponzi and such.
Their original investment did not offer a big advantage. team and its official website.
Most of these scams are.obvious from the beginning. Its just that sometimes, it seems to good an opportunity to let pass. And most scams actually make people earn money at the start just to lure you and others to it
There is one extremely straightforward rule - if it looks too good to be true then it is.
On top of that always google site:bitcointalk.org 'subject' and see if anything comes up. If nothing at all comes then that's not an encouraging sign.
Risk free returns are impossible. If there was a legitimate interest paying Bitcoin option I can guarantee you every single Bitcoin on Earth would pile into it instantly as they're all sat doing nothing. There is literally not one on the entire planet.
Lending on well known exchanges has enough risk, let alone all these bullshit ponzis. Have you been offered a specific 'opportunity'?
On top of that always google site:bitcointalk.org 'subject' and see if anything comes up. If nothing at all comes then that's not an encouraging sign.
Risk free returns are impossible. If there was a legitimate interest paying Bitcoin option I can guarantee you every single Bitcoin on Earth would pile into it instantly as they're all sat doing nothing. There is literally not one on the entire planet.
Lending on well known exchanges has enough risk, let alone all these bullshit ponzis. Have you been offered a specific 'opportunity'?
As an user of this forum for years now and as an experienced bitcoin user, I have noticed that it is pretty obvious to claim any 1 post account opening a thread with a link is automatically a scam of sorts trying to steal your bitcoin.
So a good cautionary advice is to never open links in here coming from new accounts, and also remember to activate noscript (Unfortunately the new captcha system requires js on, but you can turn it off after the captcha is filled)
Any ideas on how to spot a bitcoin scam?
it's easy to tell the difference between fraud and the real form of investing with Bitcoin.if the site offers a profit of 10-20 fold then it is a fraud as does Multi level marketing or ponzi and such.
Their original investment did not offer a big advantage. team and its official website.
Scams related to bitcoin can be easily identified, because majority of the scams promote services providing profits in multiples in a days time or two for the investment amount. If you make a research about the availability of the list of scams, you could find lots in the name of investment and cloud mining.
there is a point that you can not get money easily if you have any wonder that because there is no easy money in the world you are playing or even in bitcoin also...
Much have been roamed in the market and many people just believe, due to less knowledge, that shorter period can make them rich. So be wise in your actions.
Any ideas on how to spot a bitcoin scam?
Always remember this, If it's too good to be true, then it is not true. Lots of scammers will guarantee you a %profit by just doing nothing. This is very inviting and there are still lots people fell for it. A true investment and business should be done by hardwork and that you have to do something in order to grow your profit or business. You also have to make your own calculation if it is possible or not. If it sounds unreal, then just believe that it's not real after all.I agree unless they can see the future no one can gurantee a large amount of interest or profit. Some sites will offer you 1 bitcoin a day if you invest 0.01 bitcoin. There is no way they could earn that bitcoin in a day.
If you really interested in investing you can always search in google and here in the forum. There is a thread here of lists of scam sites.
Any ideas on how to spot a bitcoin scam?
One it promises things that is not likely to happen at all. Fake sites and fake evidence of existence etc. And not to mention dumbness and stupidity of people who believe in such superstitious stuffs. It would be better if you do a enhanced due diligence of your own so that you would know whether or not it's really a scam. Be careful out there chaps, people will stab right when you need em. 
Any ideas on how to spot a bitcoin scam?
What do you mean by bitcoin scam? Are you talking about investments that accept bitcoin? I think the rules are the same for any other investment, if they are offering to much return then you should probably get suspicious. Try to get to know the team, try to see if what they are proposing makes any sense, and try to get help from other users. Also, if it is something very new, get very cautious. If it is something legit then you should be ok in waiting a while before investing, because if their business is solid, then they should be around for a while.
There is one extremely straightforward rule - if it looks too good to be true then it is.
This is literally the best piece of advice out there, not just specific to a Bitcoin scam but scams in general. Ask yourself what would they get out of giving you a crazy deal and why would they not just manipulate the deal for themselves? Why do they need you? etc.
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