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Topic: Scammers favorite tools - page 4. (Read 602 times)

member
Activity: 287
Merit: 10
July 17, 2020, 09:16:46 AM
#29
Yes you are right, most of the projects you mentioned above have indeed ended in a scam. I think investors should think first if they want to invest in the above project.
member
Activity: 406
Merit: 11
July 17, 2020, 08:27:49 AM
#28
That's right because scammers will continue to look for ways to make money from cryptocurrency investors, in their own various ways, so we should be extra careful of scammers.
member
Activity: 210
Merit: 10
July 17, 2020, 08:27:14 AM
#27
I learnt my own lesson about some useless use cases in crypto Projects through Airdrop hunting. I have something against the following use cases like

1. Artificial Intelligence projects
2. Gold backed tokens
3. Deflation tokens

Why? They hardly survives because they are mostly based on lies, these use cases are scammers favorite tools to deceive
I'm so against gold backed tokens and deflation tokens because they are mostly scam projects, the only deflation token I trust is BOMB and even this BOMB is alive based on the big hype it has created when it got launched, all the rest are just copy cats
hero member
Activity: 1246
Merit: 501
July 17, 2020, 08:24:22 AM
#26
most fraud occurs on airdrop through phishing sites and others and more strangely they want to charge a fee if want to get the results of the airdrop
If I find this airdrop, I will continue to go
hero member
Activity: 2870
Merit: 594
July 17, 2020, 08:18:15 AM
#25
Sorry to say but some artificial intelligence projects are over exaggerated, it's like chasing something that can never be possible, the only A.I Projects I can support must be reasonable fair, like A. I messengers application etc
Never heard of https://sophon.ai/ ?

AI project sounds as bullshit, unless it was collectively feed processing power but that doesn't exist.

Exactly, I've heard projects talking about AI and stuff, but at the end of the day, they are all scams and never proven to really have a good case, except hyping their project. And I believed that they are really exaggerated to really look like that project is the next big thing in crypto and AI, but so far no one has proven to be successful.
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
July 17, 2020, 08:11:30 AM
#24
I learnt my own lesson about some useless use cases in crypto Projects through Airdrop hunting. I have something against the following use cases like

1. Artificial Intelligence projects
2. Gold backed tokens
3. Deflation tokens

Why? They hardly survives because they are mostly based on lies, these use cases are scammers favorite tools to deceive

Lol Also include adult industry projects. All I know in these categories have failed, even though a few projects based on AI still look promising. Worst is deflationary tokens, most if not all projects in this category were baseless. Trends come and go in this space, just learn to ride the trends while you can.
full member
Activity: 1190
Merit: 105
PredX - AI-Powered Prediction Market
July 17, 2020, 08:07:38 AM
#23
I also hate AI-related projects, since I entered this market, no AI projects have been successful. They received a lot of money from investors but in the end they still could not succeed with it. Stay away from AI projects for the time being because I'm sure it won't succeed
legendary
Activity: 2310
Merit: 1047
July 17, 2020, 08:07:23 AM
#22
Sorry to say but some artificial intelligence projects are over exaggerated, it's like chasing something that can never be possible, the only A.I Projects I can support must be reasonable fair, like A. I messengers application etc
Never heard of https://sophon.ai/ ?

AI project sounds as bullshit, unless it was collectively feed processing power but that doesn't exist.


Edit: Yaunfitda the sophon.ai thing is legit, but you gotta program it, and might be a bit different of most people's perspective of artificial intelligence.
member
Activity: 238
Merit: 17
Sovryn - Brings DeFi to Bitcoin
July 17, 2020, 07:54:41 AM
#21
Sorry to say but some artificial intelligence projects are over exaggerated, it's like chasing something that can never be possible, the only A.I Projects I can support must be reasonable fair, like A. I messengers application etc
hero member
Activity: 2716
Merit: 552
July 17, 2020, 07:24:45 AM
#20
Exchange coins is the most popular IMO.
The most common indicator of scammers are the unrealistic ROI's or a bit higher than what's considered as normal/standard rate of returns. Since this will catch the attention of the naive investors.
Also, I don't easily believed in cryptocurrency backed by gold.
copper member
Activity: 351
Merit: 1
July 17, 2020, 07:03:01 AM
#19
Scammers uses catchy and popular concepts to get easy money from gullible investors. They don't do much work and just copy pastes others work with some slight change. Other popular scams except the ones mentioned by OP at the moment are
1. Masternode coins - 90% of them are just scams.
2. Exchange coins - Don't believe any exchange coins as good exchange would always bring their exchange first and issue the ICO on their own exchange.


just like what you've just said.. I was opportuned to work as a better tester for a new exchange that list only slp and erc20 tokens.. these guys have already built there exchange from scratch international internally generated funds.. and are currently listing slp tokens.. it made me wonder why so many projects requesting funds in order to build a exchange
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 17, 2020, 06:57:13 AM
#18
I think Masternode and new exchanges are more favorite tools for scammers. If you see this topic https://bitcointalksearch.org/topic/bcnex-scam-withdrawals-are-no-longer-available-5212811. many people talk about BCNEX exchanges. This is most hype exchanges project and becomes scam. It was very sad when the project already popular and many people trust it, and team decided to scam people
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
July 17, 2020, 06:43:06 AM
#17
You know what they will try next? Probably decentralized finance concept. Because its the new trend now. What you mentioned are not actually cacthy on some investors and traders eye.

None artificial intelligent project survive in the long run, and can you give example of this? Also gold backed tokens are pure lies at all. None of any of these projects really are backed by gold as it stated that its not inder any provision of approved sector to fully backed tokens by physical gold.

I have no idea on deflation token and nor care. I think its just a waste of money for investment.
The next scammers tool will be DeFi projects, I personally is waiting for that day where we will start seeing new bounty projects showing off only DeFi use cases, I'm currently promoting DIA which is a data based DeFi project simply because it isn't new
member
Activity: 252
Merit: 29
Sovryn - Brings DeFi to Bitcoin
July 17, 2020, 06:41:23 AM
#16
Scammers uses catchy and popular concepts to get easy money from gullible investors. They don't do much work and just copy pastes others work with some slight change. Other popular scams except the ones mentioned by OP at the moment are
1. Masternode coins - 90% of them are just scams.
2. Exchange coins - Don't believe any exchange coins as good exchange would always bring their exchange first and issue the ICO on their own exchange.


Agree about masternode coins. The majority of them soon become a fail project and their coin price becomes very low to the point your masternode running under a loss because of hosting fee. The team knows quite well about it but they don't care since they already got a lot of money of the pre-sale masternode.
True, it's presently happening with IQ Cash project and they introduced bounty campaigns two month ago, the problem now is this masternode coin has less value now, from 0.33$ down to 0.03$ and I heard it was more than 0.33$ before, masternode coins are such a failure
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
July 17, 2020, 06:41:15 AM
#15
You know what they will try next? Probably decentralized finance concept. Because its the new trend now. What you mentioned are not actually cacthy on some investors and traders eye.

None artificial intelligent project survive in the long run, and can you give example of this? Also gold backed tokens are pure lies at all. None of any of these projects really are backed by gold as it stated that its not inder any provision of approved sector to fully backed tokens by physical gold.

I have no idea on deflation token and nor care. I think its just a waste of money for investment.
full member
Activity: 360
Merit: 100
July 17, 2020, 06:36:45 AM
#14
Scammers uses catchy and popular concepts to get easy money from gullible investors. They don't do much work and just copy pastes others work with some slight change. Other popular scams except the ones mentioned by OP at the moment are
1. Masternode coins - 90% of them are just scams.
2. Exchange coins - Don't believe any exchange coins as good exchange would always bring their exchange first and issue the ICO on their own exchange.


Agree about masternode coins. The majority of them soon become a fail project and their coin price becomes very low to the point your masternode running under a loss because of hosting fee. The team knows quite well about it but they don't care since they already got a lot of money of the pre-sale masternode.
member
Activity: 266
Merit: 16
Sovryn - Brings DeFi to Bitcoin
July 17, 2020, 06:32:10 AM
#13
What about gambling platforms in crypto space? They are almost complete scam projects and even those that works today have team that are dubious and they can rob you of your jackpot rewards, I've seen such claim where someone earned 1 BTC and the team sent him 0.5btc telling him to manage it. Lol
That sounds strange as fuck, there are indeed sketchy casinos out there but most crypto casinos that passed the test of time are legit WAY more legit than any physical one. Even some new ones are cool.
Not that strange to me, even few popular online casino projects on this forum turned scam and cheating their users too, some legendary members and hero members once wore the project signature on this forum, new online casino projects can't be 100% trusted
legendary
Activity: 2310
Merit: 1047
July 17, 2020, 06:23:42 AM
#12
What about gambling platforms in crypto space? They are almost complete scam projects and even those that works today have team that are dubious and they can rob you of your jackpot rewards, I've seen such claim where someone earned 1 BTC and the team sent him 0.5btc telling him to manage it. Lol
That sounds strange as fuck, there are indeed sketchy casinos out there but most crypto casinos that passed the test of time are legit WAY more legit than any physical one. Even some new ones are cool.
member
Activity: 166
Merit: 12
July 17, 2020, 06:06:03 AM
#11
What about gambling platforms in crypto space? They are almost complete scam projects and even those that works today have team that are dubious and they can rob you of your jackpot rewards, I've seen such claim where someone earned 1 BTC and the team sent him 0.5btc telling him to manage it. Lol
legendary
Activity: 2310
Merit: 1047
July 17, 2020, 06:01:02 AM
#10
You said it well "projects" "tokens"

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