KYC for penny money? - page 8. | Bitcointalksearch.org

sunsilk

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Quote from: fuathan on April 20, 2019, 08:16:11 AM

Agreed. They will buy it from you and will sell it OTC with lots of profits. There are lots of telegram groups selling those IDs to anyone who wants to participate ICOs. And that is a best-case scenario. I don't want to think the worse one...

This is the bad side of it, everyone who joins these bounties and airdrops that requires KYC are believing much that their identities are safe and will never be sold to other parties. But that's it, we already known that many of them are doing this for the sake of IDs.

Quote from: sHeRiLyN1618 on April 20, 2019, 02:37:39 AM

What kind of people who want to share penny money for a KYC. I think people must be smart because of my guess they only buy your personal data to be misused.

You may never know the real reason why some are still blindly following and passing on these KYC requirements, they want to make small money out of it but the possible return on what these people can go wrong with their identities, I think they don't even think about it.

ricardobs

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When I’m looking for airdrops to participate in, I don’t go for the ones that pays penny. All those things are heavy work for anyone to do, not to talk of accepting penny for it and giving out your information on top of that ?

I can’t take such a risk. As long as it is something that has to do with cryptocurrency and online, I can’t really take such a risk. And even for the ones that pay big, I still do proper research about them before participating, cause some of them are scammers.

playbtcgame

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It becomes a great disturbance when you see that for just a little money you will get, you got to upload a whole lot of pictures to validate you as an ideal participant of the project .

fuathan

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Aleph.im

Agreed. They will buy it from you and will sell it OTC with lots of profits. There are lots of telegram groups selling those IDs to anyone who wants to participate ICOs. And that is a best-case scenario. I don't want to think the worse one...

Oasisman

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Rollbit

Quote from: zeingrind777 on April 20, 2019, 12:27:40 AM

Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

Well, we all know it can be used against you. I mean thats an essential information. Dont wait until someone becomes a victim to such. Just like what you said, "they need to be careful." Its almost a no-brainer if you trade your critical information for "pennies" or even for a hundred of bucks. Not unless if its fake information they are using.

calya

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Quote from: Muzika on April 20, 2019, 02:04:57 AM

Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

If it is just a little amount and someone pass their thru identity they are made of greed, and ofcourse there are still someone who are trying to scam or cheat this kind of act by passing illegal documents or falsificated documents just to earn those pennies.

if we have to pass kyc in order to recieve our reward ,maybe we have to calculate about its value and also the safety of our document.not every developers honest and guarantee they will not sell our identity document.

sHeRiLyN1618

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What kind of people who want to share penny money for a KYC. I think people must be smart because of my guess they only buy your personal data to be misused.

Muzika

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Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

If it is just a little amount and someone pass their thru identity they are made of greed, and ofcourse there are still someone who are trying to scam or cheat this kind of act by passing illegal documents or falsificated documents just to earn those pennies.

nur rochid

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Quote from: zeingrind777 on April 20, 2019, 12:27:40 AM

Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

self data is important for us, especially when many ico are scam like now, of course we have to be careful when asked, because many ico are unprofessional which allows for misuse of identity

zeingrind777

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Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

Yes, I agree. But, until now I have never heard that someone's personal data was misused after doing KYC to get a penny. In my opinion, it doesn't matter if someone does KYC to get pennies. However, they still need to be careful to do that.

mitchr4

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Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

I think it's not necessary if only pennies will be useless. Our personal data is the first that we have to think about, don't sacrifice your personal data if there are only a little rewards.

Che454010

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Quote from: shannelcoin on April 02, 2019, 09:28:59 PM

I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?

There is no point in doing kyc for some shitcoins, even if they are useful it is not worth submitting personal data and what is the guarantee that your data would be safe; it will not be used in any illegal way or sold out to the third party.

yanetriwidia

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Quote from: biskitop on April 19, 2019, 10:42:04 PM

I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.

Yes, we also can reduce someone cheating but also if we know that KYC can also commit fraud by collecting document documents to fulfill KYC and getting a nominal amount that is more than it should be received, this is also the way someone misuses KYC.
and it is proven that many people do that

biskitop

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I just think positively, they will not commit a crime by using our identity. Kyc is just a way to reduce spammers, but also does not rule out the possibility that the ico team will become a scammer.

Pamadar

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Quote from: barota on April 19, 2019, 01:05:46 PM

yes , there are lot of sites exchange that give free money for pass kyc ; i dont know why ? and
What they will do with the documents of users? This is not good , personel documents should not be given to anonymous people for money

It's stupidity if you will give your personal data without knowing where the hell the team will use your information,not unless you are fully aware of the things that you are taking providing details can be done, good example of that is when you creates exchange wallets and needs for your verifications for bonuses or much higher trading volumes.

barota

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yes , there are lot of sites exchange that give free money for pass kyc ; i dont know why ? and
What they will do with the documents of users? This is not good , personel documents should not be given to anonymous people for money

raven7886

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Quote from: lutfi-hasan on April 18, 2019, 08:43:48 AM

Quote from: Valhalaa on April 17, 2019, 04:51:58 AM

in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future

It is really terrible if our personal data is misused by other people without our knowledge, so for me when there is a Bounty project that requires KYC, I always research the project first, if it is suspicious, I will definitely avoid it.

Tell them please, instead of getting frustrated over things that we cannot reverse, we can just look for a way to work around it. There are lots of projects that are available pout there that doesn’t ask for any KYC from us, we can just focus on those ones If we are not okay with KYC, or like you said, we should do good research to know a good project before investing.

I like this clause because it will make a lot of people sit up, so many of us just participating in any ICO we see and promoting scams will learn to do a lot of research, now that they have a requirement that could work against us in future, so if we don’t want our document to get into the wrong hands, we better study the project very well before making input.

yanetriwidia

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as long as what we get is comparable to what we do, this is not a big problem. what I'm afraid of is that it is misused like a certain exchange in order to get an airdrop of 100 $ which can be withdrawn directly without having to deposit enough with KYC they all misuse as many as dozens of ID CARDs for that

Ayomide09

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For me, I am not too convenient with divulging my personal information all in the name of getting some free token. It is risky except for cases where it is mandatory to invest in an ICO.

lutfi-hasan

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Quote from: Valhalaa on April 17, 2019, 04:51:58 AM

in my opinion, people don't understand how important our data is, because it can be used for crimes or phishing like that
and moreover use disguise
from my side it's KYC = ACCEPT with all conditions that will occur in the future

It is really terrible if our personal data is misused by other people without our knowledge, so for me when there is a Bounty project that requires KYC, I always research the project first, if it is suspicious, I will definitely avoid it.

Topic: KYC for penny money? - page 8. (Read 1394 times)