Networking investments scams goes innovative using cryptocurrency. - page 2.

Sanugarid

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Quote from: Upgrade00 on July 16, 2020, 04:33:10 AM

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology.

Cryptocurrency is not the cause of scam. Scam is an underlying problem that has existed long before Bitcoin was created. Pyramid and Ponzi scams have been run multiple times using fiat currencies, but the mainstream media does not report it as a flaw on legal tenders, with Bitcoin however, it's painted as a network issue to draw traffic and for negative publicity.

It gets just involved because crypto would make a lot for them easier to go global. Cryptocurrency market is hurting every time there is an even containing crypto with illegal activity just like what happened yesterday to twitter, bitcoin was used to scam people after hacking into famous twitter accounts. It is foolish to think that bitcoin was the root of crypto scams, there were never a thing that made a reason before the effect.

Quote from: Upgrade00 on July 16, 2020, 04:33:10 AM

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

The short-term solution, people should stop falling for the greed trap used by scammers.
In the long-term, I think we may witness a system where coins could be flagged, sort of a blacklist for funds that had been involved in criminal activities. Newly minted and coins that had not been previously used for criminal activities would be higher valued for daily transactions. While the other could be used in the darkweb.

As I said, just like yesterday, as twitter has been hacked, there are still people who actually for on those scams I didn't think there will be people who would believe that they will receive double the amount they sent. Cyber crime operatives should be more wary of these kind of scam, they don't need to focus on a certain thing, Imagine if we could just tag a cyber police on the internet.

jademaxsuy

full member

Activity: 924

Merit: 220

Quote from: TimeTeller on July 16, 2020, 06:21:42 AM

Quote from: Upgrade00 on July 16, 2020, 04:33:10 AM

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology.

Cryptocurrency is not the cause of scam. Scam is an underlying problem that has existed long before Bitcoin was created. Pyramid and Ponzi scams have been run multiple times using fiat currencies, but the mainstream media does not report it as a flaw on legal tenders, with Bitcoin however, it's painted as a network issue to draw traffic and for negative publicity.

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

The short-term solution, people should stop falling for the greed trap used by scammers.
In the long-term, I think we may witness a system where coins could be flagged, sort of a blacklist for funds that had been involved in criminal activities. Newly minted and coins that had not been previously used for criminal activities would be higher valued for daily transactions. While the other could be used in the darkweb.

Definitely agree with you here. With or without crypto, these scammers can operate their illegal activities.
And since crypto is one of the latest technology that many users don't understand about, they now see it as their playing ground.
So if you are a newbie to this field, don't be attracted by offers that are way beyond the reality.
If people will educate themselves about crypto, we will lessen the instances of people being screwed.
Just like how ICOs/IEOs are dying, because people learned their lessons from all these crap crowdsourcing projects.

This is why it became advantage to be here in this forum. Knowing already what is cryptocurrency all about one may able to find wether to join or not in the networking scam investment scheme. In this case cryptocurrency was only being made as a tool for scamming or been drag to the scammers illegal activity.

This is somehow I see the weaknesses of cryptocurrency despite of its good purpose to ideally be use in a good way with its great feature includes blockchain tech but due to these scammers around cryptocurrency gone bad to others especially to those who are not educated.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: Upgrade00 on July 16, 2020, 04:33:10 AM

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology.

Cryptocurrency is not the cause of scam. Scam is an underlying problem that has existed long before Bitcoin was created. Pyramid and Ponzi scams have been run multiple times using fiat currencies, but the mainstream media does not report it as a flaw on legal tenders, with Bitcoin however, it's painted as a network issue to draw traffic and for negative publicity.

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

The short-term solution, people should stop falling for the greed trap used by scammers.
In the long-term, I think we may witness a system where coins could be flagged, sort of a blacklist for funds that had been involved in criminal activities. Newly minted and coins that had not been previously used for criminal activities would be higher valued for daily transactions. While the other could be used in the darkweb.

Definitely agree with you here. With or without crypto, these scammers can operate their illegal activities.
And since crypto is one of the latest technology that many users don't understand about, they now see it as their playing ground.
So if you are a newbie to this field, don't be attracted by offers that are way beyond the reality.
If people will educate themselves about crypto, we will lessen the instances of people being screwed.
Just like how ICOs/IEOs are dying, because people learned their lessons from all these crap crowdsourcing projects.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

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Networking scam version 2.0. That is what I can say to it Cheesy

.

I know that these investment scams are meant to scam people but I think that I can see one benefit of these projects and that is they are introducing different cryptocurrencies to different strangers/investors. Its just that they are introducing it in a wrong way. Instead of just introducing it, they are attracting people to invest into their company which involves crypto (in this case BTC and ETH) which will turn up to be a scam in the end.

Integration of cryptocurrencies to these scams have been there for a long time. Its just the investors aren't that knowledgeable enough and they will fall and fall into this kind of scams. Can't blame them though but in order for them to learn, they must face mistakes like this. For sure after the company they invested will turn up a scam, they will learn from it and will be cautious into the next company they will invest their money with.

leyton11

sr. member

Activity: 560

Merit: 250

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology. Sadly scammers had evolve and cryptocurrency were being target as medium of scam.

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

This is the reason why many countries ban bitcoin, which is also considered a dark side of bitcoin. All transactions on the blockchain system cannot track the identity of the recipient or the sender. Scammers always use this to cheat newcomers' money and there's absolutely no way this can be prevented when the law doesn't support the crypto market. These are the dark side of the decentralized market that we need to accept, be alert when transferring money to others.

Upgrade00

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Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology.

Cryptocurrency is not the cause of scam. Scam is an underlying problem that has existed long before Bitcoin was created. Pyramid and Ponzi scams have been run multiple times using fiat currencies, but the mainstream media does not report it as a flaw on legal tenders, with Bitcoin however, it's painted as a network issue to draw traffic and for negative publicity.

Quote from: jademaxsuy on July 16, 2020, 04:21:15 AM

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

The short-term solution, people should stop falling for the greed trap used by scammers.
In the long-term, I think we may witness a system where coins could be flagged, sort of a blacklist for funds that had been involved in criminal activities. Newly minted and coins that had not been previously used for criminal activities would be higher valued for daily transactions. While the other could be used in the darkweb.

jademaxsuy

full member

Activity: 924

Merit: 220

In our place a networking scam had been introduce aiming to help individuals to earn profit using cryptocurrency (ethereum and bitcoin). Their activities is to introduce cryptocurrency, their products, and how to access their products using cryptocurrency. They have basic products that could really be helpful like paying bills.

The problem is that one may need to invest first with certain amount then invite also others to earn high commission rate profit from the invites. This is purely the way of a networking scam. I cannot name the networking scam but it has been reported already to proper authority. Still, no legal actions has been made instead the agency had only provided public announcement about the netwroking scam.

Cryptocurrency had made lots of issues because of these abusers to which it will take negative impact to this technology. Sadly scammers had evolve and cryptocurrency were being target as medium of scam.

What can you say of the integration of cryptocurrency to scam activities? What could also happen to cryptocurrency in the future? Will it became worst?

Topic: Networking investments scams goes innovative using cryptocurrency. - page 2. (Read 218 times)