Re: i'm glad there are so many scams and frauds - page 2.

polynesia

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Quote from: Zebra on August 02, 2014, 03:32:20 PM

Quote from: polynesia on August 02, 2014, 02:48:21 AM

Quote from: sandykho47 on July 30, 2014, 04:21:54 AM

There are lot scams and frauds
But, usually people know difference scams / not

Quote from: playon on July 30, 2014, 03:44:06 AM

Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?

there aren't any fraud statistic. but usually very small amount

If you include losses due to hacking, a couple of large transactions can really skew the total amount.

You can find a list of major hacks and scams in the thread https://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-576337 (Last updated: June 27, 2014).
There are at least 10 incidents of ≥10000 btc loss and at least 18 incidents of ≥1000 btc loss.

That throws the 'small amount' argument out of the window.

Zebra

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Quote from: polynesia on August 02, 2014, 02:48:21 AM

Quote from: sandykho47 on July 30, 2014, 04:21:54 AM

There are lot scams and frauds
But, usually people know difference scams / not

Quote from: playon on July 30, 2014, 03:44:06 AM

Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?

there aren't any fraud statistic. but usually very small amount

If you include losses due to hacking, a couple of large transactions can really skew the total amount.

You can find a list of major hacks and scams in the thread https://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-576337 (Last updated: June 27, 2014).
There are at least 10 incidents of ≥10000 btc loss and at least 18 incidents of ≥1000 btc loss.

Zebra

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Quote from: xoomo on July 30, 2014, 03:58:38 AM

Quote from: zahra4571 on July 30, 2014, 03:50:56 AM

Quote from: xoomo on July 30, 2014, 03:37:17 AM

and nobody takes responsibility for scams related to bitcoins Undecided

How can it take, when your already know in the beginning when you deal with BTC what can happen, btc cant be controlled where its gonna end, it always go anonymously from one to another address and you cant find out which one is owner.

Yeah.. that's why the reason of large number of scams and frauds is obvious - anonymity

That is just part of the story.
On the other hand, it seems to me people make bitcoin decisions more carelessly.
For example, quite a lot of people fall in those hyip scams.
Will they give 10 bucks to a random person in the street when that guy promised to give them back $20 the next day? Guess not. Wink

botany

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Quote from: xoomo on July 30, 2014, 03:58:38 AM

Quote from: zahra4571 on July 30, 2014, 03:50:56 AM

Quote from: xoomo on July 30, 2014, 03:37:17 AM

and nobody takes responsibility for scams related to bitcoins Undecided

How can it take, when your already know in the beginning when you deal with BTC what can happen, btc cant be controlled where its gonna end, it always go anonymously from one to another address and you cant find out which one is owner.

Yeah.. that's why the reason of large number of scams and frauds is obvious - anonymity

pseudo-nymity.

polynesia

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Quote from: sandykho47 on July 30, 2014, 04:21:54 AM

There are lot scams and frauds
But, usually people know difference scams / not

Quote from: playon on July 30, 2014, 03:44:06 AM

Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?

there aren't any fraud statistic. but usually very small amount

If you include losses due to hacking, a couple of large transactions can really skew the total amount.

sandykho47

sr. member

Activity: 252

Merit: 251

Knowledge its everything

There are lot scams and frauds
But, usually people know difference scams / not

Quote from: playon on July 30, 2014, 03:44:06 AM

Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?

there aren't any fraud statistic. but usually very small amount

xoomo

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Quote from: zahra4571 on July 30, 2014, 03:50:56 AM

Quote from: xoomo on July 30, 2014, 03:37:17 AM

and nobody takes responsibility for scams related to bitcoins Undecided

How can it take, when your already know in the beginning when you deal with BTC what can happen, btc cant be controlled where its gonna end, it always go anonymously from one to another address and you cant find out which one is owner.

Yeah.. that's why the reason of large number of scams and frauds is obvious - anonymity

zahra4571

sr. member

Activity: 467

Merit: 250

Quote from: xoomo on July 30, 2014, 03:37:17 AM

and nobody takes responsibility for scams related to bitcoins Undecided

How can it take, when your already know in the beginning when you deal with BTC what can happen, btc cant be controlled where its gonna end, it always go anonymously from one to another address and you cant find out which one is owner.

playon

newbie

Activity: 35

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Currently Blockchain.info estimates USD transaction volume at $40M daily. Are there any statistic regarding total fraud in Bitcoin transactions?

xoomo

newbie

Activity: 50

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and nobody takes responsibility for scams related to bitcoins Undecided

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

yes a lot of hackers attact to steal data . money in bitcoin . investment and games . with virus . phisinng a
and a lot way to get it all

deert

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It's a big problem if you get scammed
Don't let money obscuring the eyes

polynesia

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Quote from: bitbaby on July 15, 2014, 02:14:03 AM

True, but sometimes one needs to sell and that is when one has to trust someone else with their bitcoin, even if it is an escrower or an exchange.

which is when you have to be extremely careful.

Zyborg

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Quote from: LiteCoinGuy on June 28, 2014, 05:00:47 AM

you can´t argue like that when you want mass-adoption.

I fail to see why we'd want mass adoption from idiots who'll cry when they get scammed.

Armed

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Stupid people will get scammed, doesn't matter if they lose bitcoins or fiat money, they'll manage to lose it anyways. Some gamble, some invests in schemes to get rich, others think they can download money generators, or use scripts to fool casinos. Those people are doomed as soon as they get internet access, sadly.

BitcoinTraders

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There are a lot of scams and frauds because people who need money see potential in it!
It's only my opinion!

bitbaby

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Quote from: Ron~Popeil on June 27, 2014, 10:56:15 PM

I have gotten an education from reading the stories on this site for sure. I don't trust anyone but myself with my bit coin.

Quote from: rext on June 28, 2014, 01:21:57 AM

As long as you don't transfer the bitcoins out, keep your wallet safe, you should be generally fine.

True, but sometimes one needs to sell and that is when one has to trust someone else with their bitcoin, even if it is an escrower or an exchange.

giveBTCpls

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Activity: 322

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The amount of scams that are done to steal your fiat money is a 99% against 1% BTC which is still in alpha tier development. Scammers gonna scam. With regulations you could tell the police, but the dilemma arishes: Is said regulation beneficial considering the cons that would come for the BTC ecosystem?

Beyonce

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Surfbort.

There are many scams and frauds in life period, not just bitcoin, but it's usually always greed + stupidity that is the cause of being scammed.

zvs

legendary

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https://web.archive.org/web/*/nogleg.com

there are so many scams and frauds cause ppl are idiots

easy targets, easy money = more scammers and fraudsters

I'd *think* that your typical bitcoin user is a bit more intelligent then the avg facebook user... but I wouldn't be surprised if a good one out of every three or four of those ppl have compromised passwords

Topic: Re: i'm glad there are so many scams and frauds - page 2. (Read 4302 times)