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Topic: Social media is a breeding ground for scamers, be intelligent while you explore - page 2. (Read 487 times)

hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Lol, but I think those two word "breeding-ground, is really well used to classify social media because definitely the numbers of scammers there are on a high rate. I fear social media to even take any information very serious, unless I have to make a proper research by my self. 

In the early month of last year, there was a fake casino that was greatly promoted by some social media influencers. They will convince you to deposit your money to that casino and start to gamble, assuring people they will win and become successful for playing some games in that casino. Most people fell victim to those Influencers, and they lost their money big time. That was when they realized, it was fake and those Influencers were criticized for their deceitful promotion.

Even if a Scam is being promoted on Social Media, the Social-Media-Management doesn't delete those Posts. So, it's a red flag. 

I remember, some years ago, when I also seeked help in a Telegram-Group, someone sent me a DM and was pretending to be a Customer Support for the Project I was asking about. I almost fell victim to his plots, but I realized quickly and restrained. 
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
Social media platforms are becoming a breeding ground of scammers and many of the scam projects have social media campaigns like twitter, facebook, youtube and more. If I were you, I would never trust anyone who PM me in any social media platforms and so when you see projects being promoted in social media. You should also be careful on telegram as it is also full of scammers although there are some legit and paying projects but it isn't easy to find nowadays.
hero member
Activity: 1484
Merit: 928
I got inspired to draft this topic after seeing so many scam airdrops that was promoted on  X formally known as Twitter, so many fake telegram group that are impersonating the original telegram group of other successful project, and  many fake investment groups on Facebook. Some of these groups or fake ads looks very real to the extent that  real newbies who have zero experiences about crypto can fall victim unless they are guided by experienced investors.
Seriously social media is basically Where scam projects are promoted right now, whenever you see any advertisement or any link on any social media most especially Telegram and X, just avoid them because I can say 90 percent of them are scam, when you are making use of telegram and you discover any telegram group, make sure you don’t just join it, if their their is any project telegram group that you want to join, make sure you visit the project website, and get their official telegram group from the website, and don’t trust anyone that PM you in any social media, no matter what they do to earn your trust, you have to be very careful, most of them will want you to trust them first before scamming you.

The reason for making this post is to alert those innocent newbies who are just new and still starting their journey into crypto for the first time.
This post is really important because scammers are always targeting newbies, they believe they are the ones who have little or no knowledge about all this scam strategy, so newbies are the ones that are going to be easily scammed, so your advice is really nice.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
I would go further and say not just social media, the whole internet is filled with scams and if you see an article or blog that is praising a project particularly then it can be a paid ad just created to generate traffic and this is done by most preferred news platforms too in the crypto market. When you want to trust your money then you need to do it on your own which needs necessary knowledge which comes from doing the research on our own.
I agree that's simply the best way one can actually help their self because if you are to follow the rating and praises from any social media website on a particular project then you might probably just get yourself posted in a really tight corner that you might find it really difficult to come out from. An example of such places would be the ratings from trust pilot, I know for sure to an extent that most reviews and ratings on that site are all planned and rigged.

Trust ratings can be bought too and it can be written by real people but those feedbacks can be noticed and can be differentiated from the legit feedback because usually the bought feedback will be written in a word or two while the actual use may explain the experience of using it. But even though someone thinks it's legit it doesn't mean you have to trust them just as I said it is our responsibility to find them on our own.
hero member
Activity: 1134
Merit: 643
BTC, a coin of today and tomorrow.
Scammers take advantage of unsuspecting individuals, especially newcomers just starting their crypto journey. I witnessed fake airdrops, impersonations, and fraudulent investment schemes there. Unfortunately, these scams often appear authentic, making it challenging for newcomers to distinguish between genuine opportunities and fraudulent activities. I have warned them and advising not to follow information on social media blindly and they should turn to reputable sources like here in this forum for education instead. This forum filters out misinformation and provides a safer learning and discussion space.
The scammers often target innocent newbies and after the newbies fall prey of their scam, it will give the newbies wrong mindset which is the reason they always say that Bitcoin is a scam. Since there's no promotion by Bitcoin itself, those scam projects and Ponzi schemeers use the name of bitcoin to decieve and scam newbies.

On the side of the newbies, they don't seem to listen to advice until they are victim of the scam. When you are advising them, it will look as if you want to prevent them from becoming overnight millionaires.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
Social media nowadays can only be observed without much attention or value. Anyone who can understand that this or that news is not valid and can determine where it comes from and for what purposes it is intended can be safe. But for beginners who are just trying to study crypto, in this case, it is better to completely refuse to visit such networks since they will certainly fall into the hands of scammers, tempted by the beautiful promised profits.
In confirmation of the OP’s post, you can add recent news from zasad@.
https://bitcointalksearch.org/topic/m.63602025
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
The more you indulge in making more profits, the closer you are to getting scammed. I have seen many cases and most of the people were on DeFi trying to find the next 100x or joining launchpads where these shitcoins are launched with 20x on the first trading day. Do not invest in these sort of stuff. I bet trading real coins is way better than that shit. Believe me.
sr. member
Activity: 476
Merit: 316
Get $2100 deposit bonuses & 60 FS
Online is filled with scammers, not only on X, formally known as Twitter, but that is also why in Telegram you will be told admin will never DM you first, so that you will be guided when a scammer creates a fake account with admin details to DM you. Social media sites like X, formally known as Twitter or Facebook, allow scammers to reach out to people they can scam. Some project teams have the intent of saying that the formal CEO of Binance CZ tweets about their project, and they will run a Photoshop where the formal Binance CEO CZ tweets about them and uses it to make a post on their X account, formally known as Twitter, just to gain more followers and trust to scam people of their hard-earned money. Before believing anything on social media, try and carry out your research to know if the information someone passed to you is legit before you act on it.
hero member
Activity: 2520
Merit: 783
One thing been said is, never trust the information giving to you on social media or just anywhere. The internet is still new in people’s minds and the scammer are trying more and more technics daily to help them attack people. One thing I will say is most people that fall to this scams aren’t just gullible alone but rather also greedy to rip out money and that’s where they fall victim. Cryptocurrency scam will definitely be around till any time but we can limit the rate at which we fall victim or allow our people to fall victim by making them understand that one’s an offer is juicy then it is not real
I agree that we should not trust information we find on social media or the internet. Scammers are always finding new ways to scam people so we need to be careful and not believe everything we see.
I also agree that people who get scammed are not just easily fooled but they are often too greedy. Scammers take advantage of people who want to make money quickly or want to become rich in a single night and this greed that makes them fall into the scammers traps. So we should always be careful about these kinds ko scammers.

To many schemes offered on social media and usually those scams offer a lot of profit return to their prospects. So its important for us to know that nothing like that exist especially they offer unrealistic gain for just doing nothing we should be suspicious all thing they have done especially if they don't have any clear source on how they can make the investment amount grow while the funds is in their possession.

Scams usually goes on social media so much better for investor that they should never look at that place if they are seeking for investment since for sure the one will come to them are those frauds and trying to lure them then they will end up getting scam just like what we usually see online.
hero member
Activity: 644
Merit: 661
- Jay -
But forums are different. The communication is a lot more bidirectional in comparison. So for example if someone starts a scam topic on this forum, there are countless members who would start warning about that scam even in the same topic.
What is better is the forum does not have an algorithm that determines how posts show up. A newbie and a legendary member posting would averagely have the same visibility, what would affect that is how much people interact with either posts to keep it at the first page of the board.

With other mainstream social platforms influencers get to a much larger audience due to their higher number of followers. If they are promoting a scam, a not so influential member does not have the reach to warn enough members about it.
Replies are even arranged based on interactions, so if you reply to a tweet warning that it is a scam, except others interact with it, it drops to the bottom of the page, or the poster just hides it, whichever happens first.

Telegram is way worse cause conversations happen in closed boxes and you cannot even prove it, cause screenshots can be faked easily.

- Jay -
hero member
Activity: 2828
Merit: 518
Social media can't be full of nonsense things but yes, this is a medium for many scams and false information. This is why we don't just read and believe it but also we need to verify through searching from other sites. Before, social media platforms seemed to be great tools for learning but now, it was breading tools for scammers as they know that they can easily fake information and ads.

This time, we need to be cautious especially when having online transactions as it was hard to trust strangers.
They are smart and keeping aware is the only way not to fall into the hands of scammers.
legendary
Activity: 2576
Merit: 1043
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Full topic: Social media is a breeding ground for scamers, be intelligent while you explore the crypto market.
~
The social apps is unsafe to be a place where a newbie can get good knowledge about cryptocurrency. It is good to recommend people to learn from the Bitcoin talk communit or any other Bitcoin educational material that is legit.
When there's people, there are scammers lurking especially online.
Social media in general helped us in different ways. From spreading information, to advertise projects, to increase the adoption of cryptocurrency, etc. On the other hand, it's also the home of the scammers who are constantly looking for victims out there.

Right now, misinformation is at it's peak and at the same time, phishing attack has been very rampant especially on Twitter (X). Having knowledge, and being vigilant are the best things to do in order for us not to get scammed. I don't want to say this, but in my 5+ years of being involved in crypto, I never experienced getting scammed, and it's because I learned everything how scammers are scamming people first, and learned how to avoid it as well.

Overall, social media platforms can be used in either good or bad way, and for us investors who are into social media every day, let's be intelligent enough to avoid getting scammed. How? Learn, learn, and learn.: Smiley
legendary
Activity: 3472
Merit: 10611
There are different types of social media, forums like bitcointalk are also one of the types.

Basically any form of social media where the communication is mostly one sided (eg. twitter, telegram, instagram, etc.) becomes the perfect "breeding ground for scammers" because it is harder to debunk their advertisements. For example you can't go on a private telegram group and tell people they're running a scam because they will ban you.

But forums are different. The communication is a lot more bidirectional in comparison. So for example if someone starts a scam topic on this forum, there are countless members who would start warning about that scam even in the same topic.

So people have to learn who they trust and where they get their information from. Majority of social media platforms are only good for "cat pics" and must not be used for anything else.
hero member
Activity: 2464
Merit: 594
Scammers take advantage of unsuspecting individuals, especially newcomers just starting their crypto journey. I witnessed fake airdrops, impersonations, and fraudulent investment schemes there. Unfortunately, these scams often appear authentic, making it challenging for newcomers to distinguish between genuine opportunities and fraudulent activities. I have warned them and advising not to follow information on social media blindly and they should turn to reputable sources like here in this forum for education instead. This forum filters out misinformation and provides a safer learning and discussion space.
sr. member
Activity: 448
Merit: 354
One thing been said is, never trust the information giving to you on social media or just anywhere. The internet is still new in people’s minds and the scammer are trying more and more technics daily to help them attack people. One thing I will say is most people that fall to this scams aren’t just gullible alone but rather also greedy to rip out money and that’s where they fall victim. Cryptocurrency scam will definitely be around till any time but we can limit the rate at which we fall victim or allow our people to fall victim by making them understand that one’s an offer is juicy then it is not real
I agree that we should not trust information we find on social media or the internet. Scammers are always finding new ways to scam people so we need to be careful and not believe everything we see.
I also agree that people who get scammed are not just easily fooled but they are often too greedy. Scammers take advantage of people who want to make money quickly or want to become rich in a single night and this greed that makes them fall into the scammers traps. So we should always be careful about these kinds ko scammers.
full member
Activity: 742
Merit: 157
As this forum is concerned, there are different good people who will never allow scammers  to mislead others, that is why wrong information are always filtered out here and users are immediately cautioned  when they drop wrong information.

The social apps is unsafe to be a place where a newbie can get good knowledge about cryptocurrency. It is good to recommend people to learn from the Bitcoin talk communit or any other Bitcoin educational material that is legit.
Social media can be called a personal media center for people where they can share their various feelings and be aware of the things shared by others. Today's scammers are very active using this social media. Here various attractive advertisements are made and spread quickly among the common people. Newbies are falling prey to these scammers. Many have lost their wealth or suffered in other ways.

Forum can definitely be thought of as a filter. Because here no such scam methods will be established. In this plaform a user gives good advice on how to avoid such scam traps by keeping yourself up to date.

A newbie who may not be aware of the forum has no choice but to take awareness on his own. But those who join in this community will definitely be free from such scam traps.
sr. member
Activity: 504
Merit: 279
Its has been a long since I visited any of the social media for any updates and this is because there are no updates there and I would rather look for information from discussions in forums such as here and get any updates that I need instead of going to social media where every jack and Harry is a reporter and filled with fake news.
We need to take the responsibility of getting the right news by ourselves and since scammers have flooded social media space,  it becomes highly important for us to make adequate efforts to get hold of the best and legit news only.

One thing been said is, never trust the information giving to you on social media or just anywhere. The internet is still new in people’s minds and the scammer are trying more and more technics daily to help them attack people. One thing I will say is most people that fall to this scams aren’t just gullible alone but rather also greedy to rip out money and that’s where they fall victim. Cryptocurrency scam will definitely be around till any time but we can limit the rate at which we fall victim or allow our people to fall victim by making them understand that one’s an offer is juicy then it is not real
full member
Activity: 476
Merit: 230
God is All
I would go further and say not just social media, the whole internet is filled with scams and if you see an article or blog that is praising a project particularly then it can be a paid ad just created to generate traffic and this is done by most preferred news platforms too in the crypto market. When you want to trust your money then you need to do it on your own which needs necessary knowledge which comes from doing the research on our own.
I agree that's simply the best way one can actually help their self because if you are to follow the rating and praises from any social media website on a particular project then you might probably just get yourself posted in a really tight corner that you might find it really difficult to come out from. An example of such places would be the ratings from trust pilot, I know for sure to an extent that most reviews and ratings on that site are all planned and rigged.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
Its has been a long since I visited any of the social media for any updates and this is because there are no updates there and I would rather look for information from discussions in forums such as here and get any updates that I need instead of going to social media where every jack and Harry is a reporter and filled with fake news.
We need to take the responsibility of getting the right news by ourselves and since scammers have flooded social media space,  it becomes highly important for us to make adequate efforts to get hold of the best and legit news only.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
The moment they realize that it's possible to create that trust/cordiality, we toast!... It takes nothing from them to play along like the good guy, and at the end of the day, you keep refreshing the same page that caught your fancy, just to realize you've been logged off..

it's not even about HODLed coins alone - some even target social media accounts, casino accounts, personal infos for possible loan request - that you could stay without downloading an loan app/ requesting a bank loan and all you see is debits from your monthly stipends.... Don't forget to guide your wallets.

Sandra 🧑‍🦰
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