Topic: The Ultimate List of Exit Scams & How to Spot One - page 2. (Read 335 times)
I am really thankful to creator for sharing this article of exit scam by the 2018. I was just amazed when i see a Bitconnect project was one of the exit scam. This project was actually my preference to participate in there bounty because of a huge investors involved.
To all of those scam projects that are featured on that site. Bitconnect is the most popular in the cryptocurrency universe. Actually they made memes about them. That bald guy makes me laugh. Was that the CEO? Actually they're not scam. The project just lack of preparation how they mitigate their problem. If I'm not mistaken it's a lending coin. That happened to be abused by so many. And got bankrupt in the end because of small amount of return. So lesson learned. Never invest on lending cryptocurrency.
Carlos Matos was just an investors maybe the one who made big money from this scam. 
To all of those scam projects that are featured on that site. Bitconnect is the most popular in the cryptocurrency universe. Actually they made memes about them. That bald guy makes me laugh. Was that the CEO? Actually they're not scam. The project just lack of preparation how they mitigate their problem. If I'm not mistaken it's a lending coin. That happened to be abused by so many. And got bankrupt in the end because of small amount of return. So lesson learned. Never invest on lending cryptocurrency.
Most of us here got caught in scams so everyone remember this one ? https://bitcointalksearch.org/topic/bitstakexbs-discontinued-920272. This project disappear with all the funds in 1 days without any reason besides the fake one they posted on the thread. Its sad that we're loosing money in projects who simply their goal is to scam investors as soon as they launch the project so another reason why I don't invest in anything below 50 on cmc or in new ICO's or IEO's.
I have also been trapped in the SCAM project which made me lose, but it is not one that was explained in the article. I joined a lot of bounties to become a novice investor. Often not paid and the coins that I invest are useless and left by the developer. But that experience made me learn how to be a smart investor so I wouldn't be fooled by the SCAM project and had to do research on the project that wanted to be followed.
I am not a victim of any of the scam projects in the article, but I have an acquaintance who is a victim of Bitconect. The sad thing is that he knew it was a scam but still engaged in the desire to make a profit before it collapsed, I believe a lot of people have the same thoughts as him.
Humans are naturally like that. Majority of us want quick money no matter how the money is made and that is why most scammers too are taking advantage and coming up with all sort of ponzi schemes just to lure people into it and later run away with their funds. Its good to make money though but let's try to earn it in a genuine manner.
I've read the article. Fortunately, never experienced exit scam before and I don't even want to experience it. It's also not base on the poorly written whitepaper. Some may have an awesome whitepaper but ended up as a scam. When it comes of joining a legit project, a team's responsibility to show some progress is very important.
Here's additional info how to know if it is a legit ICO project or not.
https://hackernoon.com/how-to-spot-good-ico-how-to-spot-scam-ico-f0f57c1a4c38
Here's additional info how to know if it is a legit ICO project or not.
https://hackernoon.com/how-to-spot-good-ico-how-to-spot-scam-ico-f0f57c1a4c38
oh my god there are really a few known names there.
nice listing you have there! and basically also generally a very nice website. continue so.
i didn't check the team members in detail but if all this is correct then you are a big pile of capable people.
nice listing you have there! and basically also generally a very nice website. continue so.
i didn't check the team members in detail but if all this is correct then you are a big pile of capable people.
Exit scams have affected many people in the cryptocurrency world. In this article, we've gathered a comprehensive list of exit scams, and some tips on how to avoid becoming a victim. ❌ https://selfkey.org/the-ultimate-list-of-exit-scams-how-to-spot-one/
Did you experience being scammed in one of these?
I think some of information about Centra was missing, Im not directly scam with centra since im not participating in their ICO, But i was an early believer of its project when it was listed on Binance i bought and hold CTR token on Binance, Since it was good project the whitepaper details are also good and even they are schedule to launch its own Blockchain The Centra Chain, but i was surprise with the news about its fraudulent way of raising money during and ICO, and base of the result of my own information gathering back then, there was a two sides of the story, Between the SEC and the so called celebrity indorsment and Visa,Mastercard lies. including its Team! I believe that there was a hidden agenda in both story and i dont know were to believe. Did you experience being scammed in one of these?
I am not a victim of any of the scam projects in the article, but I have an acquaintance who is a victim of Bitconect. The sad thing is that he knew it was a scam but still engaged in the desire to make a profit before it collapsed, I believe a lot of people have the same thoughts as him.
Well at least he knew what he was getting into, and all the risks that come with it. There are lot's of clueless people that will live on denial long after others have left and believe every promise that comes from the mouth of the CEO of the scam project. My belief is that after these people realize that they got scammed, they still lack to read the signs of a liars and every time that the price is crashing they are the ones screaming SCAM! Because price the only signal they are familiarized themselves with.
I invested in Envion that wasn't on the list but luckily left early and lost only some of my investment. Come to think of it, i have been very lucky with the timing of all scams. Anyway, i didn't have the time to invest or at the time even study those on the list so maybe that's why i didn't get scammed by them.
The scam list just shocked me. Every year billions of dollars are going into scammers' pockets, this is insane! Scammers always a drawback for crypto. I knew some good projects scammed this year, but I haven't any idea about Plus Token's 2.9 Billion USD scam!
I hope you will be updating the scam and semi scam lists. But I am not impressed with your 'How to spot scam" section. There should be more words to know which is a scam project
I hope you will be updating the scam and semi scam lists. But I am not impressed with your 'How to spot scam" section. There should be more words to know which is a scam project
I haven't heard all the names, only Centra and Bitconnect. I used to want to put my money in Centra because the price soared, but fortunately, it didn't happen. Not long after that came the info that they were a scam. For bitconnect, I was suspicious from the beginning, this is just a fraud because the price is not reasonable as a class of coins that are only for lending.
in this article, there is no mention of ico projects that raised a lot of money and then disappeared with them. I invested in Athero - they even entered their token on mercatox but then they just disappeared.
I was one of the victims of Centra buying at a high price and after that there was an article about Centra fraud where I suffered a huge loss, and since then I had to be careful in assessing the project because the product and project objectives were very important.
Exit scams have affected many people in the cryptocurrency world. In this article, we've gathered a comprehensive list of exit scams, and some tips on how to avoid becoming a victim. ❌ https://selfkey.org/the-ultimate-list-of-exit-scams-how-to-spot-one/
Did you experience being scammed in one of these?
Not a big thing and presently we have many more scam projects that will surely exit scam soon, they keep building them from time to time ,each and every investors need to look very sharply before leaping, always remember that scammers are around the corner Did you experience being scammed in one of these?
Did you experience being scammed in one of these?
No, that a victim of anyone of those scammers because I don't just invest on some projects with a big hype. The problem with those victims are they are thinking of big returns, huge ROI in short amount of time that's why they fall for this kind of traps.
Just like Centra, wherein Floyd Mayweather and other celebrities did endorsed it, so many irrational buyers jump on the bandwagon and it's too late that they found out that it was a scam.
Good thing to read and examine all those information about how to quickly spot scam projects, by seeing one of those in criteria you can easily stay away.
Did you experience being scammed in one of these?
No, that a victim of anyone of those scammers because I don't just invest on some projects with a big hype. The problem with those victims are they are thinking of big returns, huge ROI in short amount of time that's why they fall for this kind of traps.
Just like Centra, wherein Floyd Mayweather and other celebrities did endorsed it, so many irrational buyers jump on the bandwagon and it's too late that they found out that it was a scam.
Anyone heard of the wework scam now? That is another example of how everyone who should have spotted the exit scam as early as 2017, did not.
And now when the house of cards came apart, everyone is acting so shocked.
I think more and more as things happen in this space, we all deserve to get scammed, if we all continue breathing life into the obvious scams that are populating the space.
And now when the house of cards came apart, everyone is acting so shocked.
I think more and more as things happen in this space, we all deserve to get scammed, if we all continue breathing life into the obvious scams that are populating the space.
I remember maplexchange, centra and bitconnect very well, its a big shame that the scammers exit and no arrest was made, these are reasons why scammers first aims are crypto, with the help of tokens they create many will fall victim, and it seems OP is not aware that today scammers comes out with real photos and addresses, they always have full team details now
Exit scams have affected many people in the cryptocurrency world. In this article, we've gathered a comprehensive list of exit scams, and some tips on how to avoid becoming a victim. ❌ https://selfkey.org/the-ultimate-list-of-exit-scams-how-to-spot-one/
Did you experience being scammed in one of these?
Honestly no team details and no working products are the fastest way to detect bad intent projects, imagine a scam project exiting with 30million dollars this is enough courage for scammers to keep evading crypto space Did you experience being scammed in one of these?
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