Scammers will go after IEO soon - page 5.

masterrex

full member

Activity: 1820

Merit: 107

Quote from: Stanlo on April 01, 2019, 06:14:07 AM

Very soon scammers will find ways to make IEO their new source of scamming innocent people ,newbies especially please be on watch out and thread carefully ,invest only in IEOs that are launched on popular exchanges
-----Scam ideas that might be possible from my thoughts
1) very soon scammers will start building new exchanges just to lure victims
2) And through these exchanges they will start promoting Fake IEO projects just to make investors invest there hard earned cash and bang they will disappeared in thin air.
Remember that huge money are made through IEO this days and hardcap are easily met so be on the watch out ,scammers will surely do there best.I believe IEO is a effect way of investment in 2019 and so far so good ,many IEOs already double up or even triple up there IEO price per token and its a very good sign .thanks

It can be avoided if you only join IEO's on trusted exchange like Binance, Bittrex and other exchanges that has true credibility and reputation, Just dont participate on fly by night exchange that offered IEO's since its not secure or we dont know how they evaluate the team of said platform who offered their tokens,via exchange or IEO.

mardaed

full member

Activity: 994

Merit: 105

Surely it did. Scammers are lurking around in the market or in the platform. Not only ICO or IEO they go after, all the things which is related or non related crypto scammers are everywhere. We must be aware to avoid this and always be careful when its come to money. Goodluck

magicrypto

copper member

Activity: 812

Merit: 6

Who would go to new/scam exchange to take part in IEO?

If thinking that way scammers has a lot of possibilities without IEO idea too, some people dont do their due dilligence and research, also dont understand all risks of crypto, what you can do with them? Just be careful guys..

boty

full member

Activity: 1190

Merit: 212

★Bitvest.io★ Play Plinko or Invest!

Quote from: joseyphil82 on April 04, 2019, 01:58:03 AM

Newbies will still be affected because I'm sure they will invest in new exchange launching IEO so they will be the ones in danger but will be limited though unlike ICO so IEO is really way better with lower risk

It is true that novice investors are still very easily affected by the bad news that occurs in some media that makes them become a loss because they cannot control their patience so it is better for you beginner investors must be careful when they want to participate in the IEO.

joseyphil82

member

Activity: 742

Merit: 16

Newbies will still be affected because I'm sure they will invest in new exchange launching IEO so they will be the ones in danger but will be limited though unlike ICO so IEO is really way better with lower risk

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: Ailmand on April 02, 2019, 10:50:10 PM

Scammers would always use what they could just to make some money.
So it wouldn't be a surprise if they would make their own IEO they have done it before in ICO and they manage to do a pretty good job on it.
We have seen a lot of scam project last year and I am sure that they would continue to scam us.

You are right, we just need to be careful too in the IEO project we are dealing with and even the exchanges we are dealing with too. I know most of the big genuine exchanges too, especially the one that first introduced it would be doing their own research on what they can do to cover the loophole and guard against such activities on IEO.

But, my fear lies with the smaller exchanges, scammers might not succeed in going through the large exchanges like Binance, but when it comes to these small exchanges that are upcoming and would do anything for money, there is very big chance of seeing their activities, so it is best if we rely more on these popular and respected exchanges.

DeathProxy

sr. member

Activity: 756

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

They have started coming after IEO already with fake fake claim that they are the admin of a particular exchange and they can give you space to participate in the IEO since its pretty difficult for people to buy in, next thing before you know you have been scammed. Lets be careful abd stay away from secret deals

Irvinn

full member

Activity: 966

Merit: 104

Quote from: Mighty_crypt on April 01, 2019, 06:43:05 AM

I've been thinking about this myself ,I think the only way scammers can use IEO to scam investors is only by creating fake exchanges and promoting fake IEO projects to deceive investors ,you really have a good point friend ,since the money is huge and can be raised in seconds to minutes or few hours highest its very possible for scammers to go to that length ,there are desperate scammers everywhere

I do not think that this will be the only way for scammers. They also, as before, can make good documents with a good idea and what will the exchanges do? After all, they do not have the functions of law enforcement agencies to conduct a quality check. Are they supposed to create a special body in the stock exchange structure to check the teams conducting IEO? It seems to me that after several big scandals and this type of fundraising will become a thing of the past.

umbara ardian

sr. member

Activity: 1358

Merit: 259

PredX - AI-Powered Prediction Market

Quote from: Lpim01 on April 03, 2019, 08:58:09 PM

Quote from: Wittny on April 03, 2019, 05:48:47 PM

You are very right, have been thinking In the same direction aswell, IEO is good but am very sure very soon, scammers will definitely find their way in to scam people, investors should just be wise and invest only IEO project promote by popular exchange.

We know how scammers make a way to scam other and I do believe that IEO can't escaped from their actions.
But we are aware of their intentions and its up to us to be not their victims and fall into the trap. Sometimes they are smarter than us and so we should be careful in every investment we made.

it's true that the existence of IEOs that you can find in several large exchange places provides a very good advantage because it might be avoided from scam projects, and the downside when the project is a scam will make the name of the exchange also polluted because it has given the IEO ended scam.

duyduc256

sr. member

Activity: 700

Merit: 250

Quote from: Wittny on April 03, 2019, 05:48:47 PM

You are very right, have been thinking In the same direction aswell, IEO is good but am very sure very soon, scammers will definitely find their way in to scam people, investors should just be wise and invest only IEO project promote by popular exchange.

It may be difficult for these scammers, but they will definitely have a solution that makes it easy for us to get trap. I think instead of worrying, you should only choose good exchanges to invest in IEO because it will ensure you a better profit and can sell your coin at any time if you feel beneficial. My advice is to choose good exchanges like Binance or Huobi

robelneo

legendary

Activity: 3416

Merit: 1225

Enjoy 500% bonus + 70 FS

Where the money is, that is where people are heading, and expect scammers to make it as their next target, I'm still curious about how are they going to penetrate that market, it's not easy to compare to ICO where there is no regulation at all, everyone is left to each onwn in investing.

bitstalker

member

Activity: 383

Merit: 10

I agree with that in my opinion the first step is to start from the IEO offered by the new exchange site or maybe by means of the name of the famous exchange that held the IEO but through spam with the cryptocurrency user email

viananda2525

full member

Activity: 1130

Merit: 133

Quote from: Lpim01 on April 03, 2019, 08:58:09 PM

Quote from: Wittny on April 03, 2019, 05:48:47 PM

You are very right, have been thinking In the same direction aswell, IEO is good but am very sure very soon, scammers will definitely find their way in to scam people, investors should just be wise and invest only IEO project promote by popular exchange.

We know how scammers make a way to scam other and I do believe that IEO can't escaped from their actions.
But we are aware of their intentions and its up to us to be not their victims and fall into the trap. Sometimes they are smarter than us and so we should be careful in every investment we made.

IEO now be the solution for us to avoid scam ico.and also this scheme really profitable for investors now.more than 200% its token price rise after officially listing in exchanges.maybe in future this scheme will totally used by new projects.

Lpim01

full member

Activity: 700

Merit: 117

Quote from: Wittny on April 03, 2019, 05:48:47 PM

You are very right, have been thinking In the same direction aswell, IEO is good but am very sure very soon, scammers will definitely find their way in to scam people, investors should just be wise and invest only IEO project promote by popular exchange.

We know how scammers make a way to scam other and I do believe that IEO can't escaped from their actions.
But we are aware of their intentions and its up to us to be not their victims and fall into the trap. Sometimes they are smarter than us and so we should be careful in every investment we made.

SistaFista

sr. member

Activity: 1638

Merit: 251

Hexhash.xyz

Quote from: Stanlo on April 01, 2019, 06:14:07 AM

Very soon scammers will find ways to make IEO their new source of scamming innocent people ,newbies especially please be on watch out and thread carefully ,invest only in IEOs that are launched on popular exchanges
-----Scam ideas that might be possible from my thoughts
1) very soon scammers will start building new exchanges just to lure victims
2) And through these exchanges they will start promoting Fake IEO projects just to make investors invest there hard earned cash and bang they will disappeared in thin air.
Remember that huge money are made through IEO this days and hardcap are easily met so be on the watch out ,scammers will surely do there best.I believe IEO is a effect way of investment in 2019 and so far so good ,many IEOs already double up or even triple up there IEO price per token and its a very good sign .thanks

This is what im afraid of. Scammer usually looking for a new chance to steal money from peoples.
The exchanges who running the IEO should pay attention before listing the ICO on their platform.
Due diligence must done by exchange with very strict condition before holding IEO.

Wittny

jr. member

Activity: 184

Merit: 1

You are very right, have been thinking In the same direction aswell, IEO is good but am very sure very soon, scammers will definitely find their way in to scam people, investors should just be wise and invest only IEO project promote by popular exchange.

Peruvyn

jr. member

Activity: 126

Merit: 1

They have started making attempts but I think we are more smarter than before. During VeriBlock IEO, I was added to many scam Telegram channels with link leading to phising site for the IEO but am more smarter than before

Koadharber

hero member

Activity: 1065

Merit: 510

Quote from: Stanlo on April 01, 2019, 06:14:07 AM

Very soon scammers will find ways to make IEO their new source of scamming innocent people ,newbies especially please be on watch out and thread carefully ,invest only in IEOs that are launched on popular exchanges
-----Scam ideas that might be possible from my thoughts
1) very soon scammers will start building new exchanges just to lure victims
2) And through these exchanges they will start promoting Fake IEO projects just to make investors invest there hard earned cash and bang they will disappeared in thin air.
Remember that huge money are made through IEO this days and hardcap are easily met so be on the watch out ,scammers will surely do there best.I believe IEO is a effect way of investment in 2019 and so far so good ,many IEOs already double up or even triple up there IEO price per token and its a very good sign .thanks

If scammers see that ICO is not worthy anymore and no investors will invest in a ICO That is not very impossible scammers are very smart they will find ways to make a IEO to scam investors,all we need to do is to become more vigilant when investing or participating in a IEO to avoid victimized with the scammers.

Bloodseekers

full member

Activity: 807

Merit: 150

I think IEO will be popular so maybe will many new exchange do IEO only for take money from investors, yes to prevent this, i agree with you just invest in big exchanges, but see the reality even big exchange he promote shit coin, so join in IEO is not guarantee our investment will safe. For me ICO still better.

And scammers will never stop, he always comes so be careful

bhabygrim

sr. member

Activity: 994

Merit: 257

Best Bitcoin Casino www.coinsaga.com

This is true we have been there before scammers would use anything that they could just to get some money.
When crypto was new they used to make a lot of investment site just to gain money from the investor ,Cloud mining it is still one of the famous project that is being used to cover the scam.
We also seen them move in the ICO which lead to a lot of investors losing their money and trust in ICO such a shame there was so many good project out there with a real potential and we don't know maybe some of the project have a real developer who dedicate most of his time and effort just to make it work,But ended up not reaching their soft cap because of not enough fund due to investor quitting on funding their project out of fear of being scammed again.

Topic: Scammers will go after IEO soon - page 5. (Read 1134 times)