Topic: [ICO SCAM] Karbon is just another ICO scam with a bot-posted thread (Read 2511 times)

The ICO scam bubble is going to post soon, people are becoming more keen to inspecting before they invest. The whole Altcoin ANN section now is a shitshow.

Your post is a few days old, but I didn't see it...this forum is like that.  It's like life: You
get the test first, then you get the lesson.  And if you haven't figured it out yet, a lot of the
new ICOs are shady at best, and some, like this one are outright scams.  Cryptodevil is doing
what he sees fit as far as policing, and it definitely needs to be done.

The issue of these translations is a whole other problem, one that has implications that reach far
beyond people getting scammed.  I'm talking about shit posting and so forth, ruining the quality
of bitcointalk.  People are so desperate for online work that they'll use google translate to pump
out total crap and pass it off as good work.  Stay away from that, that's what I say.

So Karbon is a scam and I just lost about $12,000 and your winning about your rating and repair my reputation.  Ever hear of diligence, your rating should be zero or send me $12,000.  I assumed that ICO websites who post and market these companies and allow money to be accepted, should do a little more diligence.  It's like a 5 year old running a company.  Did you get paid for helping translate or whatever it is you do. 

I've tried to mail the Bittrex support in the meantime asking if they are actually supporting karbon, given that their logo is on their page...
Unfortunately I got a generic reply saying that


If anybody has better luck with Poloniex, maybe that helps, but this kind of behavior from Bittrex doesn't help the community overall

Because they need to keep the thread from dropping down the first page of the forum and, as they generally have very little time between announcing their [insert bullshit 'innovative' fairy-dust-blockchain-ethereum-token-platform here] project and actually launching the ICO, they need to pump the thread up to large numbers of posts very quickly.

It also helps to bury the influx of posts alerting other users to the fact the ICO is a scam. Many of these frauds are conducted across multiple social-media platforms and users who load a bitcointalk page and are not logged in will not see the negative trust rating the scammer accounts usually pick up. If the page they see doesn't include a post warning them it is a scam they may believe it is legit because it appears to be a busy thread.

Frankly, barring a low-single-digit number of genuine ICOs with potential, you should consider them all as scams or, at best, poorly-constructed cash-grabs to prop up failing businesses or to bail their team-members out of personal debt.

They don't look any different to me than what was happening during 2014/15 with copy-pasta clone-coin projects which were hyped by largely-anonymous scammers posting endless pages of 'Wall St and Whales' memes, promising their coin was just about to 'moon' at any moment, shortly before they dumped their bags on the market and ran with the bitcoin.

Someone, preferably Cryptodevil, tell me this:

- If you are going to spam bot with bought accounts (already the start of something bad....), why put things into so extreme perspectives? Like, that I am trying to ask is that why are the bots made to post literally every 1 minute on 1 account. Why aren't they programmed to post every 40 minutes or so?

- For all those other ICOs that use view-bots, again, why are they not made to have realistic numbers in perspective? I saw a few weeks ago an ICO that got around 700,000 views in under 24 hours. (I might not remember correctly, but it was certainly a large number - an unrealistic value).

---

I am not trying to endorse any sort of this behaviour, I am just curious why these scammers are so blatant.  

And another bot-posting account repeatedly posting the same content from before and then deleting it and replacing it.

Please report them to the authorities: https://bitcointalksearch.org/topic/announcement-2126042

Aaaaand, its a self moderated thread. How suprising! 

Users of this forum should be able to express their views about any ICO. Even if it is a scam ICO, people should be able to say that and remind others of that in their thread.

So why did they let the third announcement pass
I have to say it looks a bit better since they added the lady doing the presentation - however, the poloniex and bittrex logos that are on the announcement are not present on the page...Also they seem to have removed the bots from everywhere. Still 12 hours to go until the end of 50% bonus tho XD

And there's announcement thread #3

 

Well, that is defo bad advertising for them - their bounty thread is linked from their webpage, warnings from cryptodevil are still there tho

And they deleted my posts pointing to this thread in both their ANN and bounty thread too!

They were caught posting 100 pages of repeating bot-posts on their thread. That alone is sufficient to know they are fraudulently misrepresenting their ICO, let alone numerous other aspects to the con you can practice spotting yourself.

All valid points, but what I was asking is, outside the basic '101' noob error I made sending them money without due diligence (won't happen again), can you clarify why you are absolutely certain this is a scam?
You heard something or you are just making assumptions based on your '101' rules (in which case *maybe* there is still hope to see my money back and hope the Karbon guys are just cowboys...)

#howtospotascam101
Adverts cost next-to-nothing compared to the profit made by a scam, so don't treat them as any proof of legitimacy.

#howtospotascam101
Learn to tell the difference between a legit news article and a paid one.

#howtospotascam101
Treat EVERYTHING you read on CoinTelegraph.com as suspicious. They are the number 1 promoter of scams and have been for a long time now.
They don't give a shit about you, they only care that they get paid for adverts and promo-articles masquerading as 'news'.

Nothing.... At least nothing that I yet know of. You could launch a legal action against Karbon and their team, but it would cost too much, it would take too much time and in the end you might not even get back any money.

Try to use the knowledge you have learnt through this and make sure you look out for further scammers when investing into any ICO.

What are my options if I was a victim of this scam? Thank you

Can you elaborate a bit? Unfortunately I've sent some gas over (fortunately not much, but enough to make me angry). They say it was a marketing issue but I still see fishy comments on their pages...

Still, their page was advertised on coinmarketcap just recently and is on quite a few legit pages
Thanks

ismart1, from what I can see from cryptodevil, he certainly has a lot on his hands. It is one of his main responsibilities to make this forum free of scammers so anyone could browse through it and invest with complete confidence and without a shadow of doubt that it may be a scam. (of course, that would be the ideal image). To do this, he has to ban all those who have been 'involved' one way or another. Who knows with all these hacked accounts who may be who.

Just be calm about it and discuss it in private with him if he has enough time. The best you can do is remove all the work you have connected to Karbon and then notify cryptodevil of your actions. I am sure he will be lenient if you provide a proper reason for it and have taken enough actions in removing your work. I would also suggest you also remove your negative trust from his profile. Remember, you can always give negative trust back if you are still mad.

Cryptodevil thanks for contributing to the community and we hope to see many more ICOs busted! Of course, it would be best if there were no scammers in the first place.....