New Scam Strategy - page 5. | Bitcointalksearch.org

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: hokyman on November 24, 2018, 12:14:21 PM

much token name same, but contract address for each token must be different. so as not to be hit scam, make sure that token contract address will be traded is appropriate, don't just refer token name. we must be careful

Yeah, and every bad guy must be using and finding some real lazy strategy stuff to do or we say they do put some efforts just to make money. But once it gets busted they're now ready to find for a new one and so on. We must be very cautious in everything especially if it involves a lot of money.
We can't avoid these type of people in our society so it is better for us to just be very cautious to everything.

dumplingsandsushi

member

Activity: 476

Merit: 41

Since it is so easy to make tokens nowadays it is easy to make "fake" tokens.
Also, a lot of the tickers aren't regulated, so you can give it the same ticker.
For example, you can name one token Trust and give it the ticker: TRT
And then another one with a stupid name like Treant and give it the same ticker: TRT

On decentralized exchanges, most people won't bother to look at the smart contract address.
So they will just assume TRT (trust) and TRT (treant) are the same.

Nowadays, people will take a semi successful token then make a "copy" of it.
Sell it for a really low price and get people to buy it up.
It's basically fake products scam from the real world applied to the crypto world.

MikeyVeez

full member

Activity: 896

Merit: 102

I have yesterday seen USDC airdrop worth 200$, after you complete the KYC, you will recedive USDC coin, but not real, the fake one from diffrent smart-contract.

hokyman

jr. member

Activity: 230

Merit: 3

much token name same, but contract address for each token must be different. so as not to be hit scam, make sure that token contract address will be traded is appropriate, don't just refer token name. we must be careful

saycryptohello

member

Activity: 574

Merit: 11

Quote from: silent17 on October 15, 2018, 04:32:31 PM

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalksearch.org/topic/mtv-arbitrage-chance-5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

Thanks for the information, I just thought to buy these tokens on forkdelta, there was a very good price for them, now I understand why

erdemdio

member

Activity: 191

Merit: 10

People are running after hype and stupid twitter guys. So there willl allways scam coins and projects. Nnonone can stop this. People want easy money

Gab20

jr. member

Activity: 714

Merit: 3

I have been seeing many newbie accounts posting arbitrages on this forum, most especially on the section of the forum and it appears to me that one person keeps doing this almost every time. We really need to be very careful and we should not because of the money we are looking for, now decide to make some mistakes of loosing the little that we have due to our own negligence. Care needs to be taken.

grifinmch

sr. member

Activity: 756

Merit: 250

Quote from: silent17 on October 15, 2018, 04:32:31 PM

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalksearch.org/topic/mtv-arbitrage-chance-5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

you are really thorough and has a good analysis. This time the scammer does indeed have a variety of powerful ways for those who are not able to do this properly and analysis already takes a lot of sacrifices. enrich yourself with the knowledge of the crypto is the best thing to do to avoid such scammers.

Shreek

full member

Activity: 476

Merit: 112

IDENA.IO - Proof-Of-Person Blockchain

we must be careful in investing, not only by encouraging big profits, we can easily get into the trap of these scammers
if you think about it, when someone has a technique to be able to get money easily, for example arbitrage, then why does that person have to invite other people? even though he can use all of his money to make arbitrage himself without any competition and certainly will get a bigger profit
and another, that EtherDelta is the Exchanger I hate most in history

10BTCaDay

full member

Activity: 770

Merit: 100

Oikos.cash | Decentralized Finance on Tron

Now scammers do everything so invisible that this is just awful. I recently invested in a project for pre-ico and they collected soft cap and everything is fine. The discussion in chat rooms was always very active and even announced listing at HitBTC. One day before listing, the project was closed and run away with money

nthere

member

Activity: 229

Merit: 11

Actually, this is not new. We have seen this technique on etherdelta.

Bitcoin_Speculator

full member

Activity: 350

Merit: 100

The Excellent statement, and also many thanks because of this important info, I know right now there will need to have recently been several patients afflicted with frauds similar to this, with any luck, using this twine it will also help to produce folks alert to not necessarily dropping into the identical con.

Phil419She

full member

Activity: 346

Merit: 100

BitSong is a dcentralized music streaming platform

Quote from: silent17 on October 15, 2018, 04:32:31 PM

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalksearch.org/topic/mtv-arbitrage-chance-5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

I think I already had seen the same thing in etherdelta once, same name coin with cheaper price but if yu look carefully the contract is different.

Gab20

jr. member

Activity: 714

Merit: 3

I have been seeing many newbie accounts posting arbitrages on this forum, most especially on the section of the forum and it appears to me that one person keeps doing this almost every time. We really need to be very careful and we should not because of the money we are looking for, now decide to make some mistakes of loosing the little that we have due to our own negligence. Care needs to be taken.

gefander

full member

Activity: 490

Merit: 103

Yes, this is an old type of fraud, a long time ago, I got caught on it, because I thought it was a chance to make quick money and I did not have time to understand until I realized that these are different coins.

Iamlegit4sure

member

Activity: 350

Merit: 10

💲

Well my friend. Thank you very much for the heads up you gave us about this new scam project on the ethereum network. I am amazed by the sheer number of scammers (and scammed people as well) on the cryptocurrencies space the last two years I have seen so many fake ico and fake platform, it feels really like the old wild west. But connect, ethconnect. They all were plain scams, yet people invested millions of euros and dollars into them. And they still try to scam away money from people. Luckily there are people like you that try to help newbies and uninformed or bad informed people's. Thank you

Bitcoin_Speculator

full member

Activity: 350

Merit: 100

The Excellent statement, and also many thanks because of this important info, I know right now there will need to have recently been several patients afflicted with frauds similar to this, with any luck, using this twine it will also help to produce folks alert to not necessarily dropping into the identical con.

dio1715

full member

Activity: 490

Merit: 136

Yes, I totally agree with you. On the market a huge amount of fraud. And I am sure that before investing, we should carefully study the coins. Scammers are constantly coming up with new ways to take money from gullible players ..

Script3d

hero member

Activity: 1232

Merit: 503

scammers are innovators you cant deny that, they can always come up with new scamming method to steal people tokens, i think its better to use coinmarketcap links because you wont get the wrong coin link.

notlasttrain

member

Activity: 168

Merit: 10

And because of this many new investors are afraid to bring money to this market. We definitely need some regulation programs for this

Topic: New Scam Strategy - page 5. (Read 1849 times)