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Topic: Scammers, the biggest crypto problem - page 2. (Read 1724 times)

copper member
Activity: 350
Merit: 1
September 11, 2020, 04:01:24 AM
There's no doubt that scammers have been a menace to the cryptocurrency community. Their impression as it relates to reputation is disastrous. Several cryptocurrency exchange have been hacked in recent times and binance is not left out. I read that Eterbase Exchange was hacked earlier this week. Its quite unfortunate that nothing much has been done to prevent the occurrence of those issues.
full member
Activity: 994
Merit: 100
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September 11, 2020, 04:00:19 AM
nothing can disappear scamers from the crypto world scamers are very neat and hard to figure out I'm tired of getting scamers from the bounty
can only be silent and remain optimistic that someday will get big results and avoid scamers
sr. member
Activity: 714
Merit: 251
September 11, 2020, 03:41:48 AM
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/

Tell me in which industry there are no scammers? each and every field have their own set of a con artist to steal from you
but as the crypto space is so huge and  high risk and volatility new investors don't tend to study properly and believe fast whatever looks attractive
so always be prepared and study thoroughly about each and every new coin, project & investment you make
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
September 11, 2020, 03:35:10 AM
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.

It's a big challenge for investors and bounty hunters to find a good and honest project to join the temptation for the developers are always there to run with investors money, I'm lucky to have joined one good project after 5 scam projects, I'm talking about Oikos I'm praying now that the currency campaign that I'm in will also show potential just like OIkos.
jr. member
Activity: 134
Merit: 1
September 11, 2020, 03:07:58 AM
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.
sr. member
Activity: 1148
Merit: 300
September 10, 2020, 11:55:26 PM
Well i see that scammers are really a big problem not only in crypto but also outside the crypto feild. I beleive that the scammers are really making a crypto down from the past few month's, scammer really make the investors afraid on investing in crypto investors lost funds because of the scammer and its getting more and more worst everytime scammers scam investors.
hero member
Activity: 1372
Merit: 503
September 10, 2020, 11:29:04 PM
Scammers is the biggest problem of crypto currency. Not Only scammers  but there are other problem also. Scammers are not well  educated  person.  We should be aware of scammers.  We should not give a bit of chance any scammers.
Thats where youre wrong. Mostly of scammers even studied on prestigue universities but their way to accumulate funds or used their knowledge is not good. Since they are setting up investors to a big trap. How good is that when your brain moves to scam others? Maybe they are brainy people but can they not be shamed that the money they get is coming from illegal way?
member
Activity: 518
Merit: 11
September 10, 2020, 11:23:03 PM
Perhaps, scammers will gonna disappear as long as there is money involve they will always have a chance to find a victim to get some money.
It's all coming by a chance that crypto space nowadays was very trending years now that has been done. Especially here in different ICO, and airdrops projects. So, the best solution for this is to avoid and stay away from them.
hero member
Activity: 2814
Merit: 526
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September 10, 2020, 08:21:32 PM
It's not just in crypto tho, everything you see in the internet probably have a bad side or someone whose trying to scam us, no matter in what enviroment you are you will see scammer and fishy stuff around the stuff.
But, by looking at the experience and how much have we faced the scammer. We can learn and improve how to actually avoid those scammers in the future.
full member
Activity: 1120
Merit: 101
September 10, 2020, 07:58:19 PM
I see this in Youtube, many popular youtube channels change name to Binance Ceo and always post giveaway video.
This is no problem for many crypto users if they know that is fake and scam.
But, there is big problem if new investors try that and get scammed by fake giveaway or invest to scammer.
I don't think a new investor will be easily fooled by such ridiculous things either. they will be looking for better sources of information. after all, the youtube channels of popular people who were hacked and changed names of course there will be publications on their other social media.
sr. member
Activity: 554
Merit: 271
September 10, 2020, 07:30:46 PM
I see this in Youtube, many popular youtube channels change name to Binance Ceo and always post giveaway video.
This is no problem for many crypto users if they know that is fake and scam.
But, there is big problem if new investors try that and get scammed by fake giveaway or invest to scammer.
member
Activity: 1456
Merit: 10
September 10, 2020, 10:52:15 AM
Scammers is the biggest problem of crypto currency. Not Only scammers  but there are other problem also. Scammers are not well  educated  person.  We should be aware of scammers.  We should not give a bit of chance any scammers.
hero member
Activity: 1624
Merit: 500
July 31, 2020, 10:53:31 PM
Scammers are everywhere and no one can stop them from stealing because as long as money is involve they wont stop scamming other peoples money not only in crypto but anywhere.
Scammers are really the bad side of this world, and it is the main reason for people to stay away from this world. There are some ways of avoiding your money, information from scammers. But as you above said it is impossible to be stopped the scammers. We always should be aware.
one of the reasons for the fall of the ICO world last year was because of the many scammers who nested there. even today, IEO is still vulnerable to scammers. however, that is a difficult thing to deny at the moment. the best way to avoid it is to do research. many people are aware of it, it's just that they still don't do in-depth research on the project they're interested in.
hero member
Activity: 1666
Merit: 502
July 31, 2020, 10:46:57 PM
This is indeed a big problem even for all fields, but we cannot delete it. Fraudsters will always be in any angle whatever we do to improve security, there will definitely be people who are victims of fraud. Some articles that I read also fraud will always be there as long as the desire is there because the people who commit fraud are human beings and we are also human but there are those who have good intentions and some are bad.
sr. member
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
July 31, 2020, 09:48:45 PM
Scammers is the most annoying problem in cryptocurrency business. I think the people should make a solution for this that if they have caught who the scammers are, they should be punish by law accordingly so that scam would be minimize in the first place. Also all of the crypto market exchange should be strengthening their sites so that hackers won't be able to hack them easily.
Problem is those small projects that doing crypto platform are not monitored by the government. Usually they focus on huge ICOs that are registered but those who are not registering their project can usually scam users or traders. There is always risk since its decentralized. No projects ever submitted their legality especially if their purpose is just to scam the investors. Weve seen a lot of it in the past.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
July 31, 2020, 06:59:54 PM
Scammers are everywhere and no one can stop them from stealing because as long as money is involve they wont stop scamming other peoples money not only in crypto but anywhere.
Scammers are really the bad side of this world, and it is the main reason for people to stay away from this world. There are some ways of avoiding your money, information from scammers. But as you above said it is impossible to be stopped the scammers. We always should be aware. It is really so harm to say that there is not any way to solve this problem, but as l said we must be careful. Don't click any link which is unknown, your profile can be stolen. Scammers are always looking for new way for stealing people money.
copper member
Activity: 966
Merit: 5
July 31, 2020, 06:06:20 PM
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/

There is no two ways about this, it is just the truth and they keep dragging the crypto space behind. Also, i think those impersonating Binance exchange to scam are just too much and not only do they exist on LinkedIn but also on Twitter and Telegram. In the same way, other categories of scammers are those that creates crypto projects and then exit scam. So in general, scammers are the biggest problems in this space and the best way to stay safe from them is by not being greedy hence going after fake giveaways as well as making research about every project we want to invest in.
hero member
Activity: 1106
Merit: 502
July 31, 2020, 05:32:21 PM
Scammers are everywhere and no one can stop them from stealing because as long as money is involve they wont stop scamming other peoples money not only in crypto but anywhere.
To increase attraction on new projects, teams are offering new systems. That's where scammers take the chance. In a hard situation of cryptocurrency, some legit projects are also becoming scam projects. Actually, no one can stop them but we can stop from stealing money. If together we could get some time to research before starting anything then everything would be possible.
I don't think all new projects will do that, maybe they just give new offers that can increase interest and in that way can make a lot of people who will give money to that place. the most important thing when it is like that is still to be vigilant.
sr. member
Activity: 573
Merit: 250
July 31, 2020, 04:02:44 PM
Scammers are everywhere and no one can stop them from stealing because as long as money is involve they wont stop scamming other peoples money not only in crypto but anywhere.
To increase attraction on new projects, teams are offering new systems. That's where scammers take the chance. In a hard situation of cryptocurrency, some legit projects are also becoming scam projects. Actually, no one can stop them but we can stop from stealing money. If together we could get some time to research before starting anything then everything would be possible.
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
July 31, 2020, 02:05:22 PM
Scammers are things that all investors hate many projects or coins that are already running just disappear, There is no solution to be able to disappear Scammers until now only carefulness before investing can prevent you from scammers
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