How To Spot A Bitcoin Scam - page 2.

Hamphser

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Quote from: FrankNoland on October 02, 2017, 11:05:22 AM

Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

In my opinion, usually bitcoin scams/scammers offer large amount of returns or rewards so that the investors can get tempted and not hesitate in making the payment.

All investors invest to make profit. I would advice you to actually do your own reading and research to avoid being scammed your hardly earned bitcoins. Always be aware of phishing site, recently this type of scam has been trending, whereby people/ investors transfers money to organizations without even double checking whether the domain is correct or not. Be aware, be alert.

All offers online which are too good to be true are most likely scams and the ones who victimized on this one are those people who are greedy and do like easy money.They do easily lure out into the hands of scammers since those people do saw that this is the common weakness of people when it comes to easy money.This is why there are lots of people being scammed because of their hopes of getting quick rich without exerting too much effort which is not possible on this bitcoin world.We should really need to work hard and put time on it.Research and self awareness would really avoid you on this kind of things.

FrankNoland

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Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

In my opinion, usually bitcoin scams/scammers offer large amount of returns or rewards so that the investors can get tempted and not hesitate in making the payment.

All investors invest to make profit. I would advice you to actually do your own reading and research to avoid being scammed your hardly earned bitcoins. Always be aware of phishing site, recently this type of scam has been trending, whereby people/ investors transfers money to organizations without even double checking whether the domain is correct or not. Be aware, be alert.

dutchkay

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Simply put this way, once it's too good to be true then it's scam, offering you good returns without much work. Seriously I will stay away.

nicster551

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Quote from: imyashir on September 16, 2017, 05:58:14 AM

Quote from: n0ne on September 06, 2017, 10:02:54 AM

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...

Yes we cannot get money easily or grow it in the short period of time but there are also people who are victim in this scheme and they didn't know what is the real system were we need to wait for it that's why it is very important to give knowledge for them so that they avoid it and make money through hardworking.

ronafurw

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Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

It is so simple. Anything that will give a huge unreasonable amount after a few period, is a scam and will do your heart a huge harm than good. Run away from HYIPs, MLMs, Doublers, Triplers, etc. If you want to loose money, it is better you put little in trading and learn the basics. It is better to loose learning than to loose gullibly out of greed.

imyashir

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Quote from: n0ne on September 06, 2017, 10:02:54 AM

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...

metenjean

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Perhaps the best thing is to do research on your own, whether it come from forum or website. Maybe its too good too be true, but if it still has logical plan on how to execute the plan, then i guess trying a bit doesn't hurt, but i do stay away from promising ideas, because too much promises might hurt if it doesn't came true Grin

btcdamnit

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When it appears too good to be true

virasog

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You have to do your own research. There is nothing that is going to outright say that this is a scam with this is not. Obviously one of them for things like open source software, a development a proven track record, and at least a little bit of history on the team. However that does not mean that one thing is a scam and what is not. Closely and wisely examine every project and make sure you dont invest in ponzi scheme.

Lenzie

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Bitcoin scam has all kinds of similarity. First of course, if it is too good to be true. Better stay away. If it promise to give you back this huge amount with this hort amount of time. No one is doing that unless it is a gamble and you've got all the luck.
There are a lot of trader that uses this scam thing. They will trade for you just hand them the money scenario. But just study trading and learn from an advisor and you'll be ready to trade your own.
Just be very careful. There are a lot of them roaming around, this forum is not an exception.

stellgod

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Quote from: ArrogantPeacock on September 11, 2017, 09:56:02 AM

if it was obvious how to spot a scam, people wouldn't get scammed

do you own research about the team/project and founders.. additionally check the whitepaper, designs, social medias and do a thorough research before putting your money at risk

As nowadays by popularity of bitcoins scams are also in market. The best way to know that whether it is real or scam is to know about the profit where it comes from if you get a satisfactory and then it would be scam. We need to be very careful about these scams in order to avoid big losses.

zzSunZZ

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Bitcoin is information secure so it hard to spot and scammer with only their address , so i suggest you to use escrow for safe in trade or exchange with some strangers . If they don't want to use escrow with you , trust me, my experience said 95% that's a scammer. Scammer doesn't like escrow or middle man.

raven7886

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Quote from: chickenado on September 14, 2017, 10:08:56 AM

Quote from: TheGodFather on September 14, 2017, 09:32:53 AM

Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

if the platform isnt promising and if you think that it can only scam you money so i think it is scam, just be wise in everything that you were doing in order for us to not to be wrong , we need to be wise, bitcoin is a big money to be lose so if we will let them to fool us a big amount of money will be lose it is wrong for us it can only make us buncrupt and they will swept away all our money.

For me those things about scamming using bitcoin is not a new story since other anonymous persons viewed it as an easy way of doing such unrighteous ways on how to victimized using digital currency. All we needed to do here is, we should be vigilant and don't easily get fooled of some any investment offers that involved a collection of money as part of the so called business partnership. If you see this scheme to be familiar like that, well I tell you one of that tactics is a ponzi scheme that eventually scams people in a long run.

Scammers usually ask people to invest low and get high result this is not possible they attract people by their sweet lies and people get into their tap and then lost their money so the only forum which make scamming to stop is this form of bitcoin here you can question whatever you want you will get satisfactory answers and you will never regret to invest into the bitcoins.

chickenado

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Quote from: TheGodFather on September 14, 2017, 09:32:53 AM

Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

if the platform isnt promising and if you think that it can only scam you money so i think it is scam, just be wise in everything that you were doing in order for us to not to be wrong , we need to be wise, bitcoin is a big money to be lose so if we will let them to fool us a big amount of money will be lose it is wrong for us it can only make us buncrupt and they will swept away all our money.

For me those things about scamming using bitcoin is not a new story since other anonymous persons viewed it as an easy way of doing such unrighteous ways on how to victimized using digital currency. All we needed to do here is, we should be vigilant and don't easily get fooled of some any investment offers that involved a collection of money as part of the so called business partnership. If you see this scheme to be familiar like that, well I tell you one of that tactics is a ponzi scheme that eventually scams people in a long run.

Carmen01

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Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

search first the site im sure they say in the site that they pay you but if the site having a minimun deposit like that i think dont invest in that site because you dont have assurance in profit many of site here dont have minimum deposit to withdraw the earning coming from there site like eobot cloud mining they gave free doge a day to make your hash up but not fast earnings you have to wait

TheGodFather

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Quote from: valucash on September 05, 2017, 05:17:36 PM

Any ideas on how to spot a bitcoin scam?

if the platform isnt promising and if you think that it can only scam you money so i think it is scam, just be wise in everything that you were doing in order for us to not to be wrong , we need to be wise, bitcoin is a big money to be lose so if we will let them to fool us a big amount of money will be lose it is wrong for us it can only make us buncrupt and they will swept away all our money.

gabmen

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Quote from: Smarty14392 on September 14, 2017, 02:16:57 AM

Quote from: SmokeMcPay on September 11, 2017, 12:51:31 AM

If they deny to trade with escrow/ is too good to be true.

These are 2 rules to spot scammers a looooong

I think that the number of scammers sitting in the market is even greater than the number of actual traders. You need to be very much active at the time of buying and selling your Bitcoins. You need to go for reliable websites instead of dealing with an individual about which you know nothing.

Even reliable sites and exchanges aren't really safe from scammers and i think we just have to make all the necessary precautions when do trading. It's the same even for outside crypro like forex or stock exchanges.

nappoleon

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When they talk about more of the profit than the tech itself and being heavily marketed without anything decent to show for. Excessive use of the buzzword "blockchain", "smart-contract" and "crypto". lol

Smarty14392

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Quote from: SmokeMcPay on September 11, 2017, 12:51:31 AM

If they deny to trade with escrow/ is too good to be true.

These are 2 rules to spot scammers a looooong

I think that the number of scammers sitting in the market is even greater than the number of actual traders. You need to be very much active at the time of buying and selling your Bitcoins. You need to go for reliable websites instead of dealing with an individual about which you know nothing.

Blitzboy

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Quote from: nasibakar on September 06, 2017, 08:26:05 PM

To be honest it is not easy,
I was sending ETH to an ICO but I didnt click to send it as my working colleagues ask me and we had dicsussion about job,
when I got back to send for ICO suddenly I read something on this forum that an ICO which I was palnning to invest probably a scam,
I didnt have a ny idea about it.
I was so lucky at that time.

The point: it is not easy or even very hard to spot scam.

You were lucky enough. However, I think that it is easy to spot a scam because there are many ways to analyze a project. First, look at their team. Most of ICOs has their own company before. Try to make some research about their team on linkedin. it is very useful. Secondly, look at the forum. Forum is best place where people discuss about ICOs and other things. Ask some members about it, they will give you the most honest answer

Topic: How To Spot A Bitcoin Scam - page 2. (Read 2110 times)