Topic: Scammers, the biggest crypto problem - page 11. (Read 1734 times)
Scammer are every where and every ICO or IEO and investment project they will be there, last year scammer only with investing project like using ponzi scheme and now the scammer have be part of altcoin and cryptocurrency, they make an ICO or IEO investment promote and interested with many investor but after success of investing their coin, scammer will run away and never listing their coin on the exchange market, we have faced with many scammer take our money.
Just like i used to include in my points that scammers is the main problem crypto is facing presently i come across this news on the internet today about how scammers keep on contrarily influence the digital currencies. As indicated by Changpeng Zhao, the CEO and originator of Binance, there are in excess of 1,500 Binance con artists on the expert informal community LinkedIn. The quantity of Binance scammers on LinkedIn can in the end arrive at 1,605. Now imagine how big scammers are damaging crypto
Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
It is inevitable, scammers are really exist in cryptocurrency market and also in financial market. People are so greedy in terms of money and that why they are creating scam project for their own sake.Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
Scanners are everywhere, in all works of life, not just in the cryptocurrency ecosystem, you see them where ever there is money, and they like to reap from people's effort. They can't be stopped, even if you arrest any, some more will spring up, all we can do in the cryptocurrency space is to safe guard our assets, be careful of links we click on, keep our secret keys safe, use Google Authenticator for our exchange account.
That's the biggest problem and cannot be stopped. Everyday a new people have been scammed using a cryptocurrency and this all happening all over the world. It is because of lack of knowledge on how does bitcoin and trading really works and a lot of HYIP programs are popping-up and some people are joining this kind of scheme.
Hopefully people will understand that it is not easy to get rich by joining this kind of scheme and not to trust anyone in exchange of their hard earned money.
Hopefully people will understand that it is not easy to get rich by joining this kind of scheme and not to trust anyone in exchange of their hard earned money.
Scammers have been the major bane of cryptocurrency. These scammers have tarnished the image of cryptocurrency as they lure and tap into the funds of investors. Hackers play equal role as he scammers and this has put some fear in some investors not to join crypto. Regulations that will run checks on projects will help reduce the occurrence of scam in crypto.
Scammers are the only problem at this point in time which needs to be eradicated. Otherwise this will crush the cryptos. Regulators are struggling on that aspect only. Is there any easy solution for this issue?
Scammers cannot be prevented to scam people, it's not only in crypto, everything that has in the internet there must be a scammer.
So, all we have to do is just prevent ourself to being scammed by do more research before doing a transaction with anyone
Scammers! It's a problem for all systems, not just digital currencies. But Crypto is highly anonymous, so the possibility of Scam will be very huge, should be considered before deciding to invest or trade.
Absolutely true!! Therefore, now many projects are running their projects openly. I mean, most blockchain startups start by introducing their team members and individual background experiences. I think the way they do it can affect the attractiveness of investors so that they do not hesitate to invest their funds in companies with clear origins. However, besides this, there are still projects that choose to remain anonymous in carrying out the project, honestly I am less interested in this kind of project because it is difficult to see the track record and also their seriousness in building the project.
As long as there are greedy people scam will continue to exist, they will use the image of anyone that is popular like binance which will give them a greater chance to succeed on their evil motive. We cannot stop this we just need to be careful and avoid those type of scams, let's not be a victim.
Scammers! It's a problem for all systems, not just digital currencies. But Crypto is highly anonymous, so the possibility of Scam will be very huge, should be considered before deciding to invest or trade.
Scammers are the only problem at this point in time which needs to be eradicated. Otherwise this will crush the cryptos. Regulators are struggling on that aspect only. Is there any easy solution for this issue?
the easiest way is to be as attentive as possible and if you are already an expert in cryptocurrency, then teach other people how to become as vigilant and not fall for the tricks of scammersIndeed, we must be vigilant, but in a way that we avoid a scammer, while scammers and projects that are truly original are very similar and difficult to distinguish, this is really a trap scammer who is very irresponsible. please tell me how to distinguish between a scammer and a truly original project?
Yes, this is the biggest problem with crypto, which must have a solution as quickly as possible, even though it is very difficult to overcome it, because this is already detrimental to everyone. have to think hard to solve this big problem.
what we can say about scammers is that they will never end as long as there are still many projects or terms to scam. Scammers in crypto world are likely the challenge for us to determine how good our analysis before investment. it is actually very difficult to avoid scammers, but it can be as long as we are m0re careful and not hurry up in a decision.
Scammers are the only problem at this point in time which needs to be eradicated. Otherwise this will crush the cryptos. Regulators are struggling on that aspect only. Is there any easy solution for this issue?
the easiest way is to be as attentive as possible and if you are already an expert in cryptocurrency, then teach other people how to become as vigilant and not fall for the tricks of scammersJust like i used to include in my points that scammers is the main problem crypto is facing presently i come across this news on the internet today about how scammers keep on contrarily influence the digital currencies. As indicated by Changpeng Zhao, the CEO and originator of Binance, there are in excess of 1,500 Binance con artists on the expert informal community LinkedIn. The quantity of Binance scammers on LinkedIn can in the end arrive at 1,605. Now imagine how big scammers are damaging crypto
Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
Reputation wreckers like those are the downfall of this industry but I also believe that it can still heal in time. Public news especially in televisions picked up this kind of information in the worst way, making the whole industry to be blame why the incidents happened. I know some in real life that don't even know the difference between cryptocurrency and bitcoin. Yet, when he hear the local news about it how someone was arrested because of online scam, he had the audacity to generalize the whole industry of crypto as a ponzi scheme.
It is true that scammers are one of the main problem in crypto, I guess it comes along with one of the characteristic of crypto which is anonimity which makes it ideal for people to scam other people since they can remain anonymous. I believe this can be lessen if people especially those who are new in crypto will have basic knowledge on how most people get scammed and how to secure their money in crypto.
People should learn well before getting in crypto because people wants to cheat only those who are not aware of market ups and downs also those who are new and get trapped easily. Knowledge matters allot in trading for crypto. If you will know the tricks of the scammers you will be able to help yourself avoiding lose. Just like i used to include in my points that scammers is the main problem crypto is facing presently i come across this news on the internet today about how scammers keep on contrarily influence the digital currencies. As indicated by Changpeng Zhao, the CEO and originator of Binance, there are in excess of 1,500 Binance con artists on the expert informal community LinkedIn. The quantity of Binance scammers on LinkedIn can in the end arrive at 1,605. Now imagine how big scammers are damaging crypto
Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
I agree. It is one of the main reasons why governments in other countries don't trust cryptocurrency because it has a lot of scammers that other people think that crypto is just a scam and it is not profitable, which is not true. Cryptocurrencies are very profitable the only hindrance is that there a lot of fraud and scams, that is why people are afraid to buy cryptocurrency. Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
You're a little wrong. I believe that the main problem of cryptocurrency is the lack of state support and the lack of regulators. We all see bakkt inefficiency to date. Scammers are a natural selection and teach the community to avoid fake projects. Now fewer people are becoming victims of fraud and it pleases. They will soon disappear. But regulators continue their opposition.
This problem has not been able to be solved in cryptocurrency because there are too many modes and methods used by scammers to be able to get money by means of business or fake projects so that they will continue to exist until indeed supervision of cryptocurrency must be done
Sure, scammers are a problem in the crypto world, but that is even greater because people in the crypto world don't learn how scammers work so they can avoid scammers, the most thought is how to get money quickly without thinking too that can lose quickly because scammers who keep waiting for the time to be able to cheat.
Even in real life there are lots of scammers, but we cannot control them as they wanted to have an easy money, they don't want to earn in a good day, so the very thing that we need to do right now is to be extra careful, we should not trust in cryptoworld, always give a benefit of the doubt, even he/she is your friend.
Scams are out there, be vigilant and always research with the project/person we are dealing with.
Due to increasing scam projects, investor are loosing their confidence on new projects and due to which projects even which are genuine, are failing. This in turn taking the mindset of investors and market in negative direction.
We need strong regulations to avoid scams and to increase the confidence of investors so that new projects can come and grow. We can say research in crypto is kind of getting affected due to scams
Not even you did your full research but the potential of getting into scam project still possible. We do have lots of sentiments regarding to this concern but still it's exist and being more developed. Scammers are hiding around by showing realistic and attractive offers, You'll soon realized that you are being victimized when the turned around of the project failed.We need strong regulations to avoid scams and to increase the confidence of investors so that new projects can come and grow. We can say research in crypto is kind of getting affected due to scams
You realize that scammers get into you even you responsibly done with doing good research, regulations which been created to help removing the possibilities of scammed projects to continue to exist around this market is needed it should be fully equipped by government rulings.
Jump to: