I dont know man but this kind of act is like they are being funded by a large syndicate.
It will keep on going. Before, it was hacks that have been going to much. They must have seen much money to rob when they create scams ICO. Yeah, it is worth millions of dollars than getting pennies from hacking one wallet address to another or just a phishing scam.
To stop it? Early knowledge before they even hit their ICO. There is pre ICO which mostly they will get just a little fund. Their greediness will get them caught when they want more out of it or thought it really clicked to the people. They will continue for the ICO afterwards. That time you should have known that they are already a scam project.
Topic: Scam projects, what should we do! - page 23. (Read 4348 times)
I think developing many security projects is a good way to get rid of scammers. One of the reasons for the lack of investor interest in ICO is the large number of scammers roaming the crypto market.
This year we have witnessed many scams projects that we have invest in more than others years. I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
Governments are not going to help us anyway because they don't know how that is why they are restricting the users from participating on ICOs so it has disadvantage over the positive sides.So we need to do something to help these scammers away from the crypto just by learning how to identify the scammers and most of the times they can be found by doing proper research about their project team. This year we have witnessed many scams projects that we have invest in more than others years. I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
The only way to get rid of fraud in ICO projects is government regulation of these projects. Other methods of dealing with them will not be effective. In addition, the state is simply obliged to intervene in this situation because because of fraudsters investors suffer millions in losses. And these are already criminal offenses and the state must respond to them and work out methods for their prevention.
Of course, there will be a solution and new ways of scamming too. Whatever the solution is, scammers will find a way to scam people and when it will spread, the new solution will come. That's how the system works. There will be more regulation so that those can be reduced. You can see STO instead of ICO.
Everybody hates scammer. But, they always grow drastically. They scam everywhere with the very crucial and complicated ways. I think that we all want to defeat and kick the scammers. But the question, can we? This is very difficult to detect which is scammer and which is legit. We cannot guess in the beginning. They prepare the scam ICO very very well. That is why, what we must do is learning and learning again how to analyze the ICO.
Now many sell unique and good designs for the ico website, and easily deceive investors with their web appearance, you can learn to do ico's own research whether it is a scam or not, in this thread you might be able to add a little insight whether you know ico scam or not. https://bitcointalksearch.org/topic/guidelines-how-to-spot-a-scam-ico-report-effectively-5004397
Scam projects in the cryptoforeign exchange market appears many every day. I try to find as much as possible a lot of information on team, the project, his purpose and partners.
There's nothing we can do about the crooks. They are and will be in any sphere. They're skilled. Sometimes it is difficult to determine where the real project is, even to an experienced investor. Therefore, it is necessary to study the project very carefully before investing in it and be vigilant.
This year we have witnessed many scams projects that we have invest in more than others years. I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
in my opinion the best way so far can be done is to really close the door for ICOs who don't have development, so that everything they plan is only limited to writing, there is no authentic evidence to show that they will really continue their project
This is currently an urgent question and it interests everyone. unfortunately, no one is insured and it is very difficult at the early stage to determine where the scam will end up. be careful
very good question.. i also agree with you , we must find a solution for this..but it is very hard to find a solution . because spammers are coming with very very good plan...so i also think the most successful thing is ' government should join with this' and then they can inform us whether it is a good project or a spam..
It is impossible to protect yourself 100 percent against possible problems. But each of the investors should try to minimize the risks as much as possible. First of all, you never need to panic and buy something because everyone does it.
This year we have witnessed many scams projects that we have invest in more than others years. I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
I agree with you, this year more scam projects than last year. but Actually those who are fooled are mostly old people, newbie, ignorant people, lazy research on the project. Participants in HYPs, with profit calls for 300% 400%. They should blame themselves first
I really give up with the scammers. It really defeats the investors and all participants from bounty and other teams that support and work for it free. Scammers will really make us worried every time we are going to participate in ICO. however, we cannot stop the scammers. They are very slight and they are very hidden. We cannot predict or detect it easily. but, we can make a very careful decision and analysis about the ICO projects whether scams or not.
This year we have witnessed many scams projects that we have invest in more than others years. I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
That is absolutely correct but to join them is very difficult. The SEC is one of our hopes, but the people who represent Cryptocurrency have made things crashing down. They do not want to cooperate with the SEC and we are not protected. We should think of ways to protect our property. We should just simply avoid scam projects. We won't be scammed if we don't engage in scam projects. In investing we should do our own researches and we must make sure that we know what we are investing into. Most of the scam projects won't be easily determined and it's inevitable, let's just be cautious at all times.
Definitely, we cannot do anything for these scam projects due to this most of them lose trust in cryptocurrency. We need to cautious and careful, as researching on our own is the best solution to avoid scam project.
In the encryption market. We can't avoid fraud altogether. If we find that fraud projects should not be promoted. We can expose fraud projects. Usually we can publish them in the Scam Accusations section of the forum. Let more people avoid fraud.
Everybody hates scammer. But, they always grow drastically. They scam everywhere with the very crucial and complicated ways. I think that we all want to defeat and kick the scammers. But the question, can we? This is very difficult to detect which is scammer and which is legit. We cannot guess in the beginning. They prepare the scam ICO very very well. That is why, what we must do is learning and learning again how to analyze the ICO.
what do you have in mind to do about them? because definitely i know you have nothing in mind to do except to be careful and avoid them.
Simply we don't have to participat in any ICO has potential to turn to scam, and we should warn others in case we suspect somthing abonormal.
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