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Topic: Increased Number of Scammers (Read 17992 times)

full member
Activity: 1008
Merit: 101
March 10, 2019, 02:55:10 PM
This year too much scam project or investment are got to much money from the investor. I hope this is lesson to us when we want to invest to the ICO or any investment make sure they will do a wise decision like doing research and investing only extra money.
You have to get used to this, even in the next few years something like this will definitely happen again. project scam, theft,hacking, scam exchange sites, and so on. in an online world like this you have to be prepared with that risk and be careful with everyone.
Because as new technologies are having profit for us and we are enjoying advantages the same way there are scammers who use technologies to scam and use of technologies is all about users, so you will have to take care of your own investment and don’t listen to anyone as your money is your money no one got right to tell you what to do, just have patience and faith to keep holding.
hero member
Activity: 1750
Merit: 589
March 06, 2019, 11:07:42 AM
Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

right, we just have to be reasonable.
if we can not defince what ICO is scam or not 100% then we definitely can understand what guy contacts us in telegram, forum, etc. just be adequate and reasonable
That is why Security Token Offering are going to replace the ICO stage of the project and that would lead to gather most of the investor out there and will even reach in some industry like real estate and private companies. What do we need to do now is to support the STO stage of the projects to avoid soft-capitalization and will make the project even bigger.
full member
Activity: 714
Merit: 100
March 06, 2019, 01:46:06 AM
Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

right, we just have to be reasonable.
if we can not defince what ICO is scam or not 100% then we definitely can understand what guy contacts us in telegram, forum, etc. just be adequate and reasonable
jr. member
Activity: 168
Merit: 1
March 05, 2019, 04:29:05 AM
Almost unavailable, many people advantage, but this is not happen to crypto. The ease and anonymous nature of crypto payment made these malicious activities become so easy to setup.

Most peeps still think bitcoin itself is the ponzi.
hero member
Activity: 1190
Merit: 500
March 05, 2019, 12:15:24 AM
This year too much scam project or investment are got to much money from the investor. I hope this is lesson to us when we want to invest to the ICO or any investment make sure they will do a wise decision like doing research and investing only extra money.
You have to get used to this, even in the next few years something like this will definitely happen again. project scam, theft,hacking, scam exchange sites, and so on. in an online world like this you have to be prepared with that risk and be careful with everyone.
sr. member
Activity: 812
Merit: 250
March 04, 2019, 11:57:54 PM
a lot of money can be generated from your work in participating in the campaign. therefore many scammers thirst for income from this crypto currency so they do everything they can to get as much money as possible, including being a scammer.
but with some new rules, from the forum, from BM or even from DEV, the three can limit the movement of the scammer that is getting crazy
sr. member
Activity: 1176
Merit: 252
December 11, 2018, 12:33:51 AM
well, that's natural considering the rapid project for cryptocurrency to develop. so, so many scammers appear. because of that we have to be careful in investing, because sometimes, without information, and strong evidence, sometimes a project is easily a scam.
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
December 08, 2018, 12:18:13 AM
With the amount of money pumped into Cryptocurrency,  a lot of people assume ways to drain investors of their money is to scam them. We must be very careful of these scammers as they are everywhere.

Scammers are everywhere not just in crypto verse. The problem is that there are so many ignorant investors who are easily persuaded by scammers and don't know how to protect their account as well. So we can tell tell time and again to be careful but they still fall for the trap. Just because they see how amount of returns making them forgot all our advises and their decision is very clouded.

this is where our average carelessness, considers that the crypto area with the blockchain is safe means that all transactions carried out can still be controlled, but of course some people are still weak in the supervision of their account
sr. member
Activity: 1624
Merit: 267
December 07, 2018, 06:29:51 PM
This year too much scam project or investment are got to much money from the investor. I hope this is lesson to us when we want to invest to the ICO or any investment make sure they will do a wise decision like doing research and investing only extra money.
sr. member
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
December 07, 2018, 06:14:33 PM
Scammers are not a new thing and they always were in different ways , I believe some of the altcoins are scams , like bitconnect that we saw its destination, In my view the scammers are not the problem but the people who invest in them are the problem!

True, scammers will always exist anywhere anytime especially in this online world. We just need to be smarter and more careful in everything we are going to do. We responsible for ourselves, and we should never blame others just in case we are getting scammed.

This is an example of how risky it is when it comes to crypto business especially if you are an investor. I always think that no matter how an investor be smart, there is always a chance that the project could be scam or go down in the end. There are cases that projects can be eventually identified as scam in the start but there are also times when projects are nearly-ending before it became scam. And the worst of all is when a project had finished already, all posts counted, stakes identified, and then something bad happened.
member
Activity: 252
Merit: 11
Decentralized Digital Billboards
December 07, 2018, 04:37:05 PM
Now very few projects are real. Most of the projects are scams. I always make a careful selection of projects.
full member
Activity: 518
Merit: 100
December 05, 2018, 05:30:21 PM
Scammers are always present anywhere, do their best just to harmed others or get what they want.
We as a crypto enthusiast should be careful in every project that we choose  so that we will not be a victim and all our effort will be wasted.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
December 05, 2018, 03:35:36 PM
quality will come and scammers will be hampered by some complicated regulations in terms of promotion. especially on social media. the worst thing this year is when all fraudulent investments appear using crypto as a media transaction. and smart contracts make it easier for them to convince potential investors, last year was not as bad as this and I believe quality will continue to grow to eliminate all of this.
sr. member
Activity: 1400
Merit: 269
December 05, 2018, 02:27:53 PM
Of course this is inevitable as bitcoin and digital currencies get popular the volume of people will dramatically increase especially when blockchain technology is pretty popular amongst centralized banks and institutional investors therefore promoting crypto currencies even more and this will attract scammers.
legendary
Activity: 3500
Merit: 1354
December 05, 2018, 02:23:06 PM
Scammers are not a new thing and they always were in different ways , I believe some of the altcoins are scams , like bitconnect that we saw its destination, In my view the scammers are not the problem but the people who invest in them are the problem!

True, scammers will always exist anywhere anytime especially in this online world. We just need to be smarter and more careful in everything we are going to do. We responsible for ourselves, and we should never blame others just in case we are getting scammed.
hero member
Activity: 1036
Merit: 520
December 05, 2018, 12:21:12 PM
Scammers are not a new thing and they always were in different ways , I believe some of the altcoins are scams , like bitconnect that we saw its destination, In my view the scammers are not the problem but the people who invest in them are the problem!
sr. member
Activity: 1036
Merit: 281
December 05, 2018, 08:53:05 AM
It is one of the risks that the investors will face if they will make investment with cryptocurrencies. The reason why cryptocurrencies are have now bad image is because of the scammers who are very greedy to earn money.
full member
Activity: 868
Merit: 104
December 05, 2018, 08:50:02 AM
People looking for quick rich schemes are most common prays of scammers giving high return in a short time thr pump and dump schemes, be careful while subscribing to such schemes. Fake ICOs are the worst scams these days, its very difficult to find out which project will turn out a scam as initially their whitepaper and website looks so promising. I came accross one ICO which was initially looking a good project, they run bounty campaigns in 3 different stages and in the last they closed down everything. I think there should be some regulations before launching of an ICO.
jr. member
Activity: 252
Merit: 1
December 05, 2018, 08:02:27 AM
just be careful and invest diligently.
hero member
Activity: 2660
Merit: 551
December 05, 2018, 04:12:21 AM
With the amount of money pumped into Cryptocurrency,  a lot of people assume ways to drain investors of their money is to scam them. We must be very careful of these scammers as they are everywhere.

Scammers are everywhere not just in crypto verse. The problem is that there are so many ignorant investors who are easily persuaded by scammers and don't know how to protect their account as well. So we can tell tell time and again to be careful but they still fall for the trap. Just because they see how amount of returns making them forgot all our advises and their decision is very clouded.
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