Scammers favorite tools - page 5. | Bitcointalksearch.org

k@suy

sr. member

Activity: 882

Merit: 269

Quote from: matchi2011 on July 17, 2020, 05:48:31 AM

Scammers are good enticing the investors, creating good and attracted projects that based from whatever is trending from the market,
they can easily gained attentions since they really understand the emotions of every target venues that they'll going to offer.
The common mistake of the investors is being move without doing proper research especially newbies who thinks that investing is as easy
as it is.

Scammers are indeed smarter than the investors. They have a lot of techniques that they can use on tricking the investors to encourage them to fall on their scamming schemes that's why as an investor or trader we should double check the background of every person we are transacting with to avoid scams and casualties.

Kupid002

sr. member

Activity: 1036

Merit: 329

Quote from: Dariusburst on July 17, 2020, 04:34:18 AM

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

not only that they are always copying the idea of a successful projecy so they can also feel the success when they are the one who launch it.

Like exchange or gambling website they also have this idea its depend to them what they think will work so they can easily have money from investors.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Scammers are good enticing the investors, creating good and attracted projects that based from whatever is trending from the market,
they can easily gained attentions since they really understand the emotions of every target venues that they'll going to offer.
The common mistake of the investors is being move without doing proper research especially newbies who thinks that investing is as easy
as it is.

Maxstl007

member

Activity: 210

Merit: 13

When something is too good to be true in crypto space or in real world don't just think it twice, it's a scam, scammers are very fond of giving investors attractive offers, if the offers aren't attractive how will people build interest? Greed lives in all

DarkDays

legendary

Activity: 2030

Merit: 1189

Most staking cryptocurrencies are also used by scammers. Anything with more than 90% of its circulating supply staked with no real use case for the token is almost certainly going to fail.

I'd also stay away from anything offering staking rewards of more than 7-8% per annum—even this is quite high. Something like 3-4% is good, but 1-2% is ideal.

Anything yielding more than 8% or so has much too high inflation to survive as a cryptocurrency, given that the most popular cryptocurrencies like Bitcoin, Bitcoin Cash, etc all have gradually reducing inflation (halving events).

New_order

member

Activity: 238

Merit: 15

1. Masternode coins are scammers favorite too.
2. Real Estate projects are scammers favorite too.
3. New exchanges are also used by scammers too

Anything that's very easy to fool investors will be on scammers list for sure, it's easy to detect fake masternode projects because they promise huge ROI, mostly too good to be true and do not trust new exchanges too unless they are transparency

20kevin20

legendary

Activity: 1134

Merit: 1598

Main problem isn't the use case of a coin. It's the fact that most coins don't even get to fulfill their main purpose and so get dumped and abandoned before they even start being developed properly, if at all.

Scammers won't give a damn about the utility of their coin; the only thing that matters to them is that the price rises enough to be able to sell a large quantity and abandon the project with a big bag of $.

Tipstar

sr. member

Activity: 1848

Merit: 298

Buzz App - Spin wheel, farm rewards

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.

Dariusburst

member

Activity: 182

Merit: 10

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

Topic: Scammers favorite tools - page 5. (Read 602 times)