Influencers, affiliate links and scams - page 2.

bitgolden

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Leading Crypto Sports Betting & Casino Platform

Quote from: Yogee on January 17, 2023, 08:03:03 AM

Quote from: uneng on January 12, 2023, 06:09:37 PM

....Do they have any responsabilities when promoting companies which turned into scam? Should they be held accountable for that?

I'm not a lawyer but I'll try.

The key phrase here is "turned into scam" which means it started as a legitimate company. It is important to know that since these so called influencers have no prior knowledge that the owners would turn out to be scammers or that the project is a scam from the start. They will become liable if they're already aware of the fact and still promoted it.

I would say that it should be based on knowledge, and if they knew it was a scam then they should be held accountable and if they didn't know then they shouldn't be. If we were to talk about all the people who supported an "eventually turned out to be a scammer" we would have to jail all of wall street for supporting Madoff and Enron at some point in time.

We have seen so many companies turned out to be a scammer and so many business executives and celebrities supporting them until they found out it was a scam. Which means we can't punish them for it until it's obvious to everyone, after that if they still support it then we could actually say it could work.

Easteregg69

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Quote from: eaLiTy on January 17, 2023, 03:09:09 PM

Quote from: The Cryptovator on January 16, 2023, 03:30:41 PM

Do you believe so-called influencers are concerned about investors? Do you believe their followers are genuine? I don't believe it, and I wouldn't believe them either. Yes, they may have some genuine followers, but when those followers are deceived by his affiliate links, they will unfollow that influencer. It's quite simple.

Influencers are basically scammers who take money from any company to advertise them and they literally never care about the reputation of the product and all they care about is how much they are able to earn by promoting them and there are a lot of self made influencers popping up on a daily basis.

Quote from: The Cryptovator on January 16, 2023, 03:30:41 PM

As a result, we can conclude that they do not have genuine followers. Influencers are paid by the team as well as by affiliates. So they don't need to worry about his followers because he only cares about money.

The problem is, real celebrities like Floyd Mayweather, John McAfee, Tom Brady promoting scams and that is the biggest problem we are facing in this space. Hope everyone pays their price for promoting these scams in the form of huge fines and then they will think twice before promoting any scams.

When you influencer tells you to sell then you sell! No later accusations.

Because if you don't then you are not influenced. I take my beer now.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: The Cryptovator on January 16, 2023, 03:30:41 PM

Do you believe so-called influencers are concerned about investors? Do you believe their followers are genuine? I don't believe it, and I wouldn't believe them either. Yes, they may have some genuine followers, but when those followers are deceived by his affiliate links, they will unfollow that influencer. It's quite simple.

Influencers are basically scammers who take money from any company to advertise them and they literally never care about the reputation of the product and all they care about is how much they are able to earn by promoting them and there are a lot of self made influencers popping up on a daily basis.

Quote from: The Cryptovator on January 16, 2023, 03:30:41 PM

As a result, we can conclude that they do not have genuine followers. Influencers are paid by the team as well as by affiliates. So they don't need to worry about his followers because he only cares about money.

The problem is, real celebrities like Floyd Mayweather, John McAfee, Tom Brady promoting scams and that is the biggest problem we are facing in this space. Hope everyone pays their price for promoting these scams in the form of huge fines and then they will think twice before promoting any scams.

darkangel11

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Don't let others control your BTC -> self custody

Bitboy is a scammer who promoted scam coins and FTX and then when everything got exposed changed his stance and started stalking SBF and attacking other FTX promoters. The guy clearly thought an attack is the best defense. This guy should lose all his subscribers. I don't understand why people are still following a scammer who promotes so many shitcoins on his channel and takes money from developers to do it.

That Lark guy is the same. He gets paid to promote a token with that token and dumps it right away so he promotes things he doesn't want to hold and doesn't believe in. He'll say whatever you pay him to say.

How can people watch these paid shills? There's no pleasure and no profit in it.
They are using you!

Quote

In the first incident, which occurred in February 2021, 62,500 UMB tokens were sent to an address associated with Davis immediately after its promotion. Shortly after the ad campaign ended, the wallet dropped them, resulting in a $136,000 profit. According to ZachXBT’s analysis, Davis reportedly made $56,000 by selling the assets he had promoted just a few hours earlier. This trend was also seen for DOWS tokens.

Since then, Davis is said to have promoted and sold off a portion of the tokens he was given to promote SHOPX, BMI, PMON, XED, and APY following their respective launches.

https://thenewscrypto.com/crypto-influencer-lark-davis-denies-pump-and-dump-allegations/

Nwada001

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Influencing have turned to profit making business, it's all about what the influencer is to gain and not what others are to lose..
Most of the celebrates, internet influencer they focuses on becoming some brand ambassador not just because they like the brand or because of how good their service is but it's because of the payment which they are getting from them.

It's only in this forum that we user's strongly stand against scam sites that are not in favor of their customers.. which is why here is highly rated for their services.

If not for the pay I see no reason why celebrities will be going about advertising sites which have bad reputation, especially sites like 1xbet which has the worst reputation ever which I have come across here in this forum.

Yogee

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Quote from: uneng on January 12, 2023, 06:09:37 PM

....Do they have any responsabilities when promoting companies which turned into scam? Should they be held accountable for that?

I'm not a lawyer but I'll try.

The key phrase here is "turned into scam" which means it started as a legitimate company. It is important to know that since these so called influencers have no prior knowledge that the owners would turn out to be scammers or that the project is a scam from the start. They will become liable if they're already aware of the fact and still promoted it.

DaNNy001

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Leading Crypto Sports Betting & Casino Platform

Quote from: goldkingcoiner on January 16, 2023, 02:53:27 PM

I will never be able to understand the thinking behind the minds of people who listen to influencers who tell them how to live and how to spend their money. How much of a mindless sheep does one have to be to let someone take control of your finances and your life like that? And the only reason being that they are famous, (usually for nonsense reasons) does not provide me or anyone else with reassurance that the influencer knows what he/she is doing. That is not something that should inspire people into throwing away all they have.

Why not trust in the advice of someone who has years of experience with investing?

I guess some people have too much money...

Some people are just too naive and they just believe or follow what these so called influencer or celebrities tell them and act out of ignorance of not knowing if the actual person telling you about the firm or business truly has experience or is grounded on what he or she is saying. Some just have this stupid nature in them that's tell them whatever a celebrity says online or in a social media platform is true.
These influencers don't care less if the platform they are advertising or promoting are actually fake and scam projects, so the real damage is actually done to me and you who are the common man. They inspire you to throw away your funds without even caring less while some i believe even endorse these projects and they patner together to collects your funds just in the name of they fucking famous.

peter0425

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Quote from: uneng on January 12, 2023, 06:09:37 PM

However, what if you had the reach of 1 million subscribers? Millions of views? And if you endorsed a platform to all those people which turned into scam?

Affiliate links are tend to be two sided, one is legit and the other is scam and those people that promotes this? are having best time in the beginning but surely this will effect their trustworthiness in time.

remember that there are no permanent growth , fall will come if you abuse the system .

millions of viewers are indeed high numbers, but sooner this will lessen till gone in the future.

takuma sato

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I doubt Gisele Bundchen or Floyd Mayweather know anything about crypto. They probably have a team of people that pick up marketing gigs for them, and they got told "this is the next big thing, get on it". And so they did, and they will pay the price.

These people probably have enough in savings to hire good lawyers and don't go bankrupt from this, but lower level affiliate marketers like Bitboy could get wreckt in a class action lawsuit if they aren't careful with what they promote.

bittraffic

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They were promoting a real project and at that time they have no idea whether a project like Celsius is going to scam. While there were signs, FTX also bought them which is probably now the fault of FTX since they already saw it coming yet they made it worse for the investors.

However, people have to really realize the "Not your Key, Not your coins" phrase. They have been warned about it many times and everywhere. If they still go for centralized and Defi platforms where they have no hold of thier keys, I think they really have not understood well. Blinded by the future profit.

Fundamentals Of

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I don't think they will ever be held responsible for whatever happened to the companies they promote. They're paid advertisers of a licensed company. We will see but I won't expect Tom Brady, Steph Curry, etc to be meted penalties for promoting FTX, for example. It is unfair to also accuse them of profiting from the losses of others.

If marketers would be held responsible for the products and services they are promoting, then many actors would have already been in jail by now or are repeatedly fined for promoting all things, from food to medicine, liquors, cigarettes, gambling sites, etc.

As always, caveat emptor.

Sarah Azhari

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Quote from: uneng on January 12, 2023, 06:09:37 PM

What do you think about these people? Do they have any responsabilities when promoting companies which turned into scam? Should they be held accountable for that? Is it right to profit over your audience's losses? And is there more responsability involved when it's an influent person promoting affiliate links, instead of random crypto enthusiasts sharing their links in social medias?

this matter made me and us think Bitboy or another influencer made money with the same thing in the past. we know it's not hard for the influencer because the follower and subscriber think the Idols have trust and has invested their money on the tokens. So in this case we must be mature to face the situation, warn them on his post and comment can not clear the situation, that makes us bullied. just let them get scammed, maybe that experienced make the follower be cured after lost alot of money.

rat03gopoh

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Signature designer - start @$10 - PM me!

Celebrities are only good at representing, if they wanna be paid then follow the instructions. Yep, we know that they have limited knowledge in this field, but is it entirely their fault? What if they're also part of the victim?
I believe that many seasoned millionaires (not influencers) have also fallen for the scams of these companies.

pawel7777

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Quote from: uneng on January 12, 2023, 06:09:37 PM

...
What do you think about these people? Do they have any responsabilities when promoting companies which turned into scam?

If it can be proven that they new the venture they were promoting was a scam - then yes, they should be held responsible and face consequences.
Orherwise, the benefit of a doubt should be given, as we cannot expect anyone providing advertising service to know the intentions of their clients.
But it's a good opportunity to remember that celebrity endorsements are meaningless and aren't adding any credibility.

Quote from: BlackBoss_ on January 12, 2023, 07:50:56 PM

It happens on other platforms, not on this forum which has its rules to prohibit affiliate links to spam and scam. ...

Scams are actually allowed on this forum. Simply because moderators cannot evaluate each case. Plus, it could create an impression that if some posts/threads are not removed by mods, they are legit and not scams.

Merit.s

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Lohamor Family

These celebrities influenced people in a negative way by giving them wrong impression. It is very surprising that celebrity are promoting scam project and forgetting that this might jeopardize their reputation. Anyway,for them to do this,I don't think that they care about their reputation and the welfare of their fans,but I see that they only care about themselves. FTX might have used these influencers to deceive people and their customers,to that they can have confidence and trust on FTX.

The Cryptovator

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Signature space for rent

Do you believe so-called influencers are concerned about investors? Do you believe their followers are genuine? I don't believe it, and I wouldn't believe them either. Yes, they may have some genuine followers, but when those followers are deceived by his affiliate links, they will unfollow that influencer. It's quite simple. As a result, we can conclude that they do not have genuine followers. Influencers are paid by the team as well as by affiliates. So they don't need to worry about his followers because he only cares about money.

sunsilk

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I used to see that advertisement with Lark Davis but I'm just ignoring it.

Quote from: n0ne on January 12, 2023, 06:21:48 PM

Not with cryptocurrency, this kind of problem is happening everywhere. As everything happens online it have been made simple by the so called influencers. With time more number of scams out of cryptocurrencies create fear among the common people. This finally makes common people to term cryptocurrency completely a scam. We should not allow this to happen, and the same can be understood by the learning cryopreservation .

I agree, it happens everywhere and a few years ago I've seen content creators that are not really into crypto and it's not their niche and focus of their daily contents.

But, I was surprised to see that they've promoted some platform that's obviously runs a ponzi scheme after checking it and I messaged the pages of those that have promoted it but they seem to ignore it.

Well, that concludes that they're just there to advertise it and won't really care with their viewers being exposed to invest into potential scam platforms as long as they get paid with its advertisement.

goldkingcoiner

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A Bitcoiner chooses. A slave obeys.

I will never be able to understand the thinking behind the minds of people who listen to influencers who tell them how to live and how to spend their money. How much of a mindless sheep does one have to be to let someone take control of your finances and your life like that? And the only reason being that they are famous, (usually for nonsense reasons) does not provide me or anyone else with reassurance that the influencer knows what he/she is doing. That is not something that should inspire people into throwing away all they have.

Why not trust in the advice of someone who has years of experience with investing?

I guess some people have too much money...

uneng

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Leading Crypto Sports Betting & Casino Platform

Quote from: 1miau on January 12, 2023, 08:10:50 PM

YouTube has become a shithole and in my opinion, we are better off to avoid it most of the time.

There are so many crypto gurus and wealthy gurus in general on Youtube. It has really become a very suspicious place to find financial advices. It's so easy to fake a life of richness and success in videos of 10 minutes. Here in my country a ~~scammer~~ financial advisor took a homeless from the streets, who got famous for a depraved situation which gained notoriety on the media, and put him to trade Bitcoin with binary options. Then he recorded videos with this homeless, who claimed to be making 1800% profit trading daily for just one hour.

Then exhibited a hypothetical high middle-class apartment purchased for the homeless (through "Bitcoin trading" profits), a lot of ostentation in parties, shops and trips...

Everything faked and probably sponsored with money stolen by the scammer who managed the homeless. In the end, once the homeless' hype was over, the manager just kicked his ass and now he is back to the streets begging. Tongue

LittleBitFunny

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Quote from: BlackBoss_ on January 12, 2023, 07:50:56 PM

It happens on other platforms, not on this forum which has its rules to prohibit affiliate links to spam and scam. The forum is not perfect but if considering about how good it is to prevent scammers and scam, it is better than many platforms. Twitter, Facebook can not compare with Bitcointalk.

Quote from: mprep on July 21, 2014, 12:27:51 PM

4. No referral code (ref link) spam. [1]

The forum cannot be compared with major social platforms like Twitter or Facebook, the forum's user base is only a few million people, while Facebook's user base is up to billions of people. It can be said that the forum smaller, so the management will also become a lot easier. Not only bitcointalk but even some of my local forums ban referrer spams. And called a social network, it is just like our real society, scams, fake information everywhere, there will be no way to prevent it.

Topic: Influencers, affiliate links and scams - page 2. (Read 414 times)