Teams showing real faces to public can still scam you - page 2.

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: ashmodeus on October 19, 2019, 06:08:01 PM

of course its still can,that is no reason to make a project look like it is not a scam, for example ,
if u know project such as keplertek , then sparkster , they showing the real their face on video,telegram,social media,but well, they still scamming people.

Usually people with nothing to lose either someone having a poor background or just straight retarded. Some people are just insane enough to don't care whether their face will appear on so many websites as a scammer. How they usually dont give even a single shit about that usually fascinates me, how can someone could have no shame I mean. However, most of people from developed country more specifically with good education background like graduating from prestige university usually will have too much to lose to do that so that;s why it's always important to look after their curriculum vitae or LinkedIn profile even further.

ashmodeus

hero member

Activity: 1638

Merit: 518

of course its still can,that is no reason to make a project look like it is not a scam, for example ,
if u know project such as keplertek , then sparkster , they showing the real their face on video,telegram,social media,but well, they still scamming people.

judeafante

sr. member

Activity: 2254

Merit: 258

If you're an investor and you've invested $500 will you go an extra mile and more funds to spare, to go after these scammers, will you bother yourself to go the developer's country just to sue them, you will, if you invested hundreds thousands of dollars but there are few investors now willing to invest hundreds thousands dollars for one project, because of the possibility of scam is very high compare to 2016 and 2017.

shadowduck

full member

Activity: 840

Merit: 100

Oikos.cash | Decentralized Finance on Tron

Quote from: Mighty_crypt on October 18, 2019, 05:39:28 AM

Good teams will show face to the public and bad teams or scam teams will do the same as well, here is a fact, you still need your research to decide on which project to invest in, crypto is all about risk investments and if you are lucky to can make better cash

More and more often I realize that no one is conducting any research. people still invest in all projects in a row. they play in the casino and then complain that they have lost their money. nobody wants to think

Mighty_crypt

member

Activity: 784

Merit: 21

Good teams will show face to the public and bad teams or scam teams will do the same as well, here is a fact, you still need your research to decide on which project to invest in, crypto is all about risk investments and if you are lucky to can make better cash

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: Doranile432 on October 17, 2019, 07:07:56 AM

Quote from: DevilSlayer on October 16, 2019, 07:02:52 AM

Research is the key for us to find out if the project is scam or not. There are a lot of project that can be called as scam even though their team showing their true faces and identity in the public. The identity of the team behind the project is also matter but we should not always trust them.

So its all about try your luck, showing faces on videos doesn't give any facts about been legit or not, now all that is left is to do your best and leave the rest, no matter how good you are you can still easily fall for scam projects

what can be done is to look at the partners or the advisors of the project and see if they are the ones really what is shown in the pages of the project. most of the time they are not telling what is the truth. i have talked to known advisor of projects, but he isn't actually listed to the webpage of the team. he is sort of the ghost and the team claimed well known advisor that is a member of a well known exchange. and i guess this well known advisors shall be contact to verify to see if the project is real.

erickastella

sr. member

Activity: 826

Merit: 281

Yes, I strongly agree with your opinion, not necessarily projects that want to show the face of CEO and other teams on the website have potential legit, they can just steal people's photos and then change their profession to become a CEO or other developer or be called a fake team, we must do search whether it's all true and not steal other people's photos to be used as fraudulent material.

Doranile432

member

Activity: 476

Merit: 22

Quote from: DevilSlayer on October 16, 2019, 07:02:52 AM

Research is the key for us to find out if the project is scam or not. There are a lot of project that can be called as scam even though their team showing their true faces and identity in the public. The identity of the team behind the project is also matter but we should not always trust them.

So its all about try your luck, showing faces on videos doesn't give any facts about been legit or not, now all that is left is to do your best and leave the rest, no matter how good you are you can still easily fall for scam projects

radjie

sr. member

Activity: 1792

Merit: 264

this often happens by parties who are not responsible for being able to attract the attention of many people so they can ensure that the project they are doing is real because it shows photos, videos or seminars. However, all that must have been planned as well as possible, they were able to create a fake team to be able to convince many people and be able to take the opportunity after obtaining some money from the many people who invested in it.

The Cryptovator

legendary

Activity: 2394

Merit: 2223

Signature space for rent

Yes, absolutely right. Showing face of team member on ICO doesn't mean they are legit. Intention of behind real face is the main fact. We really won't able to stop them if they like to skip after fund raising. Live video or live recording won't prevent them if their intention is scam. That's our wrong thought about ICO investment. No one able to read their mind, so we can't believe them with our fund. We have seen previously that scammer even they show their face. So always do your own diligence before put money any ICO. But you should not forget that fake face is more dangerous than real face. Fake team means we already aware about their intention.

GrayFullbuster

full member

Activity: 658

Merit: 103

Quote from: Rebisco on October 16, 2019, 07:44:35 AM

It is part of their strategy in order to attract many investors who can easily got scammed. When I'm doing investment in ICOs, I do not just look about their product, I also look and research about the identity of the developers for me to know if the project is scam.

It is true that it is their strategy to steal more money from the people, they keep stealing more money even though they are posting and showing their real faces in the public. We cannot just trust their faces and their credentials without more reliable information.

key4co.in

hero member

Activity: 812

Merit: 503

Quote from: Doranile432 on October 11, 2019, 04:48:45 AM

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

Thank you for this candid opinion. I made a similar argument just last week in a crypto group on telegram, the fact that team members do videos or attend crypto summits, blockchain events etc doesn't make them 100% genuine. Some use that to lure in investors, then at the end the project turns out to be scam. This doesn't mean they won't list on exchanges, but they won't keep to their promises. Mostly, their vesting period for tokens allocated to team members will be a big shade of lies, since they keep dumping when buy wall increases at any favorable price. Some team members go ahead to do an MVP with no intention to do an actual product, since their main aim is to scam. Well, most team members who show their real identity most likely are not scam, we just have to be careful.

BRODIN

member

Activity: 655

Merit: 10

not only that but there are many other similar factors. But I focus on your conversation that what you say is true, everything is always indicative of fraud like video calls or verification of the face of the team & developer. they could be one of the paid members to convince investors that they are real.

inanilujimi

sr. member

Activity: 1876

Merit: 259

I am one of the victims of Miracle Tele.
they change the rules once a week in 1 month.
this is very suspicious and true, the biggest miracle tele scam in this year.
It is unfortunate that a good project and looks like it can be a real scams.
words of regret always arrive late.

kayvie

sr. member

Activity: 1022

Merit: 257

I disagree, common thing they do is to steal identity from other people. Scammer dont actually use their real information to do illegal things, they prefer to avoid any issues and complications. I dont see any reason for them to use their real identity in a way that they can buy fake identification in the black market which we all know that most of scammers are doing this.

Beparanf

hero member

Activity: 2954

Merit: 796

Quote from: minime0105 on October 16, 2019, 01:19:49 AM

Good point. I think everyone already knew the faces of the real people that were behind that Bitconnect scam. Still they scammed people nonetheless.
There should be more regulations these days for who can create projects and who can not.

If these companies do KYC, the companies and team must have KYC too, in this way if ever they try to exam their be way to track them, regulating bodies or government unit that focuses on investments even in crypto world as long as the team or company is present in that area should have these regulation to determine their ideny or atleast a safe gear if they try to scam since they are government registered as business.

Rebisco

full member

Activity: 651

Merit: 103

It is part of their strategy in order to attract many investors who can easily got scammed. When I'm doing investment in ICOs, I do not just look about their product, I also look and research about the identity of the developers for me to know if the project is scam.

smyslov

sr. member

Activity: 2030

Merit: 269

Quote from: Doranile432 on October 11, 2019, 04:48:45 AM

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

They already have the money to defend themselves or change their identity and hide from other countries where the prosecutor cannot reach them, early ICO that scam people easily get away so they just continue to scam people, the best way is to totally abandon this ICO's and just concentrate on the coins/tokens that are already in the market, at least you have a chance there.

Kunnu

member

Activity: 1204

Merit: 11

Yes, this is new legerdemain of scammers to show their real faces with different names to target those people who are new in crypto world and they are getting successful day by day this is really a serious issue we have to be aware and we have to aware new people about this with the positive understanding about crypto I am definitely sure this will stop soon with the help of experienced and intelligent people.

DevilSlayer

sr. member

Activity: 1456

Merit: 359

Research is the key for us to find out if the project is scam or not. There are a lot of project that can be called as scam even though their team showing their true faces and identity in the public. The identity of the team behind the project is also matter but we should not always trust them.

Topic: Teams showing real faces to public can still scam you - page 2. (Read 1128 times)