Topic: Scammers, the biggest crypto problem - page 12. (Read 1737 times)
In fact, in life in general and in the cryptocurrency market in particular, scammers will never disappear. So the best thing we can do is be careful with all our own transactions and investments.
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
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
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 scammers
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?
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/
Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
We should not trust Linked, Linked is a famous hub of con artist, this is where scam projects get there team, I have seen a carton where it depicts Linked as community of impostors because they are not verifying if what you re putting in your profile are all true, I don't have a premium account here and they don't ask KYC if you are a true professional.
Unfortunately, I really don't see this improving much at all in the future when more and more people start getting into crypto. It's been a problem for a long time, and scamming's an issue in almost every single online community. We can do our best here and elsewhere on platforms like Twitter to educate people about scams, but even though most scams are very blatant and simple to determine with a little bit of common sense, there's likely only going to be more and more scammers as time goes on. They're probably going to get more elaborate with time as well, and when they do, posting information about such scams here and elsewhere will help minimize the number of people getting scammed.
The decentralized nature of cryptocurrency makes it easy for them to operator as they want. They come up with different schemes, not minding the damage they are doing to their victims. Some people have in the process lost their entire life savings to scammers and today such people will always talk I'll about cryptocurrency. What I am saying invariably, is that a lot of people have been discouraged, because of scammers.
Scammers are part of the crypto problem but I don't know if they are the biggest. They are probably not the biggest. If the crypto community is already wise and informed enough, scammers will also be leaving. The biggest problem in cryptocurrency perhaps is the threat coming from hackers. Hackers are more brilliant and unknown than scammers. They can steal billions in crypto in a matter of minutes. They are harder to find than scammers also.
Scammers will always be there and there is no way for them to leave as long as there is a money involvement, there will be scammers.Cryptocurrency or digital money is most likely the new target of scammers, but crypto users can avoid them by taking care of their own cryptocurrency inckuding their wallets and investments. As long as we are knowledgeable about crypto and the existence of scammers, we can stop their scam.
I think scammers will always come, because people who involved in bitcoin business is keep coming too. What we need to do is like make barrier for them as long they want to listen others. Because sometime there are people who not listen and scammed by scammers.
Scammers are part of the crypto problem but I don't know if they are the biggest. They are probably not the biggest. If the crypto community is already wise and informed enough, scammers will also be leaving. The biggest problem in cryptocurrency perhaps is the threat coming from hackers. Hackers are more brilliant and unknown than scammers. They can steal billions in crypto in a matter of minutes. They are harder to find than scammers also.
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.
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.
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.
The problem is not the scammers but the ignorance and lack of knowledge of the people in investing. There are scammers if there will be people that are willing to get scammed but there will be no scammers if there are people who are knowledgeable enough to identify if the opportunity that is being offered to them is legit or just a scam. It is all about being educated in managing our own money and also in terms of investing.
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/
We know why scammers can grow big in cryptocurrency, that the freedom of underlying cryptocurrency transactions, then users who lack understanding and other gaps to benefit from new users, this makes scammers still exist. If there are some regulations regarding transactions like now where the exchanger has a requirement that the user must submit KYC, the user will be annoyed because the transaction will be more complicated. Here we need an organization or someone who wants to be consuled by newbie about cryptocurrency that smells of scam, than I know that someone who is new to crypto is definitely more easily influenced by large profits without further researching. Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
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/
Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/
It is the biggest problem that we cannot fully stop even in fiat scammers are rampant but in crypto currencies they are more active as they have plenty of scheme on how to steal the others money.
That is only one of their scheme, copy the image of big exchange or reputable project and they will do their best to exploit money from inexperience crypto users.
don't be surprised if there are many scamers around us, because the crypto space is very large and if there is someone who has skills that are rarely possessed by others, of course it can be misused to make the crypto ponzi scheme become rich. this is what we need to be aware of before doing anything when we are in the world of cryptoqurrency.
Some people are thinking that crypto = scam and we should do something with it
Scammers are bad for the crypto world and for the blockchain world. But not only in the crypto world, but in normal life, there are crooks all over the world.
A person of average intelligence can easily recognize a scammer easily. You don't have to be a genius for that. Anyone who offers free money is probably a fraud. In this world, if you see anyone offers anything for "free" is probably a liar.
A person of average intelligence can easily recognize a scammer easily. You don't have to be a genius for that. Anyone who offers free money is probably a fraud. In this world, if you see anyone offers anything for "free" is probably a liar.
Scammers made the community of cryptocurrency a miserable one and gave 2018-2019 a worse year.
SCAM ICO- take away the trust of investors and their will to put money on the project. they made the ICO a bad thing to have.
There are and were some best projects we can ever have but still failed due to number of investors join their sales and invest.
SCAM ICO- take away the trust of investors and their will to put money on the project. they made the ICO a bad thing to have.
There are and were some best projects we can ever have but still failed due to number of investors join their sales and invest.
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