How to spot a Scams - page 4. | Bitcointalksearch.org

udidrone

sr. member

Activity: 2114

Merit: 268

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

even they are not scam you still not invest into a bad project, many ICO doesn't have any move after their ICO. just find a good ICO with a good team and advisor

worst than scam project is bad project Grin

because if scam project still can be predicted. But project which sucess in ICO and not success in market only make investor loss their investment

EmmanCryp

member

Activity: 471

Merit: 10

QUUBE — First&Only Quantum Resistant Ecosystem

One has to be wey careful and do all necessary research before investing in any icos because there are very many ICOs nowadays and most are only for their selfish purpose. I've heard of myshield before but I have not been following them though.

goaldigger

sr. member

Activity: 2422

Merit: 357

You need a lot of experience spotting a scam. Even you know the basics of the introduction of ICO like ANN thread, whitepaper, reasonable payouts on campaign and trusted manager, still it has a possibility to be a scam. If you have a skill like a psycholigist then you can differentiate it.

Bitfling

member

Activity: 602

Merit: 10

Its hard to identify scam because too many ICOs launch by many company. But its more safe if we join in ICO that back up by reputable company and having real product and having strong community

HerreraMJ

jr. member

Activity: 97

Merit: 1

I think there are not platform that could tell you exactly when an ico is going to fail or when it is a scam, I think I would stick to checking the team behind the project before getting into a project, check their background and everything.

hachiman13

full member

Activity: 378

Merit: 102

IMO, you don't need to have such platform to do your homework for you. You can establish several metrics and standards to determine which ICO is scam or not. Like for example, a project with no team member is a scam.

Inkdatar

hero member

Activity: 1582

Merit: 523

I believe at first it is hard to spot scams Ico since most of those new project creates the high possibility to be true of their words and shows good project. We must always do some investigation before investing into Ico's.

maiden

member

Activity: 457

Merit: 11

Chainjoes.com

Quote from: FinnethB on August 09, 2018, 11:46:46 AM

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

I considered the project as a scam if the information that we need to know are not enough, and if the team members and manager is hiding behind fake names.. also we can know if its scam by reading their whitepaper, if you see that their wp is very suspicious, its up to you if you’ll go to invest or not.

adekogbe

member

Activity: 854

Merit: 21

Although some scam projects have gone extra miles to make their platforms look legit in order to raise funds for ICOs, there are still some common form of scars that should be frowned at, for example;
1. Too high bonuses
2. Not enough information about team
3. No clear progress on roadmap stated in whitepaper
4. Fake partnerships

jamisky

newbie

Activity: 266

Merit: 0

Eliminating scam ico is a strong word because most of them makes it looks real until your dollars disappear. But proper analysis of the team how reputable they and usecase of the ICO is a great determinant.

Tonstar

member

Activity: 434

Merit: 10

Quote from: FinnethB on August 09, 2018, 11:46:46 AM

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

i think your experience will tell you how to tell them apart and the quality of the website, of course, so you need to have it in your mind

Scripture

full member

Activity: 1303

Merit: 128

Posts and comments of experienced higher ranks are more reliable than your gut feel about it. They analyze even more accurate and most of the time they are correct. ICO scams are hard to tell because it blends among the legit ones and they are almost the same.

arakuns

member

Activity: 223

Merit: 10

From my experience, most scam ICO usually come up a clone of other projects, they are not bringing anything new. Also there is usually no transparency in their dealings with contributors. Some will also as far as falsifying information about attainment of soft or hard cap.

honglien

full member

Activity: 293

Merit: 100

It is too difficult for our community to avoid scams and measures to avoid just being polite and restricting some. But sometimes the limitations are inevitable and i wonder luck or not.

Tosyn2

member

Activity: 566

Merit: 10

Quote from: FinnethB on August 09, 2018, 11:46:46 AM

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

This measure is needed to eliminate scammers from space it is threat to blockchain space, if this group can achieve their objective that will be good, i hope they can reduce scam from space.

Ng93

full member

Activity: 266

Merit: 100

Quote from: FinnethB on August 09, 2018, 11:46:46 AM

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

I try to trust the bounty managers I work with, if they make a mistake and the bounty is not paid, it will fall on the trust of this person. Usually well-known bounty managers try to choose the company with which they work.

hmil

newbie

Activity: 238

Merit: 0

I'm also interested in how to identify fraud? I've invested in this project MPCX is a digital block-driven financial services platform. MPCX
is designed to serve entities' and individual's needs in the areas of digital
wealth management, cryptocurrency exchange and trading, digital banking,
crypto research and ICO promotion, and crypto lending.

As for me, this is a completely transparent and much promising project. Who will say anything?

bituperio

member

Activity: 208

Merit: 13

TRUSTED CARS ICO

Quote from: FinnethB on August 09, 2018, 11:46:46 AM

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

You don´t need to be a victim to detect a scams, you just have to have common sense. It is good anyway to have platforms that can take a better look at ICOs even if nothing is like DYOR.

Nureni

newbie

Activity: 118

Merit: 0

How to spot a scam, to me it is very difficult to know no an way to get, because if you see some scam project and you were to that it is a scam you will never believe due to their package.

Auto9372

newbie

Activity: 144

Merit: 0

it is difficult to determine whether a project is fraudulent or not. and no one will tell you exactly.

Topic: How to spot a Scams - page 4. (Read 11067 times)