Why do scammers scam? - page 5. | Bitcointalksearch.org

CEG5952

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Buy and sell bitcoins,

Quote from: Light on July 01, 2014, 08:12:53 PM

The reality is that scamming simply requires a broken moral compass. That's all the prerequisite is.

Indeed, I think a lot of scammers just verge on being sociopaths. It's not so much that it's "easy" to scam, it's more so that they come to view it as a legitimate form of work. Marx called them the Lumpenproletariat.

bitmaster111

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GREEDY ! GREEDY ! GREEDY !
Scammers are always finding new ways to trick you, but many scams are based on an existing one, so being aware of the different types of scams is the best way to spot new ones

Light

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Circa 2010

Quote from: efreeti on June 28, 2014, 10:41:24 PM

Legitimate business requires hard work and commitment.

Scamming, not so much.

Not true at all. Correlation =/= Causation.

Some of the biggest scams have been schemes which were elaborate and took time and good con skills to get set up (ie Madoff ponzi). Madoff spent a lot of time trying to get new investors and hyping up his company which is hard work.

The reality is that scamming simply requires a broken moral compass. That's all the prerequisite is.

boymilk

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Quote from: Bizmark13 on June 28, 2014, 11:18:29 PM

Quote from: efreeti on June 28, 2014, 10:41:24 PM

Legitimate business requires hard work and commitment.

Scamming, not so much.

The income for both examples from the OP would have been passive income had the scammer stayed legitimate. It would have been "greedier" to continue the business rather than shutting it down because the scammer would make more money that way with relatively little effort. Compared to physical businesses like hair salons or bakeries, operating an exchange doesn't require a lot of hard work once all the infrastructure is set up. Developing an altcoin doesn't require a lot of hard work either once the coin has been coded and launched. Writing software is a lot like writing a book. You put ninety percent of the effort into the development phase. Once that is over, you enter the stress-free maintenance phase.

Think of it this way, would you rather have option 1: one million dollars today, or option 2: $2,000 next week, another $2,000 the week after that, and so on?

Not to mention the business could fail by getting hacked or whatever.

Even if you know that you can get more money in the long run by choosing the second option, you can still understand why some people might choose option 1.

ferall

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Quote from: CEG5952 on June 29, 2014, 05:09:08 PM

Quote from: ?? on ??

Scam artists scam because there are still people who fall for their scams.

If there were no victims, there would be no scam artists.

Somehow I think these gullible people will always be with us, and so will the scams that follow them. And looking at this community sometimes, I feel it is somehow actually getting worse.... Undecided

I agree, it is getting worse.

ferall

sr. member

Activity: 672

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Quote from: ?? on ??

Scam artists scam because there are still people who fall for their scams.

If there were no victims, there would be no scam artists.

When I type in my wallet password i cover the keys, my dog always seems to be hanging around, i don't even trust him Grin

CEG5952

hero member

Activity: 658

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Buy and sell bitcoins,

Quote from: ?? on ??

Scam artists scam because there are still people who fall for their scams.

If there were no victims, there would be no scam artists.

Somehow I think these gullible people will always be with us, and so will the scams that follow them. And looking at this community sometimes, I feel it is somehow actually getting worse.... Undecided

Globb0

legendary

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Free spirit

For sharexcoin maybe it was the temptation.

Seemed to be on good track, but the balances built up fast.

geforcelover

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well sometimes they do not.. when they trying to scam they say i will return 100 percent back Cheesy

lol

fatty_but_happy

newbie

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They want easy money and unfortunately they often get it Sad

geforcelover

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well most of the scammer thoughts that his is the best way to earn money the most easiet way or whatever.. thts why the scam.. and why we say scammer becasue they are scammer that is why the scam Cheesy

lol..

Bizmark13

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Activity: 462

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Quote from: efreeti on June 28, 2014, 10:41:24 PM

Legitimate business requires hard work and commitment.

Scamming, not so much.

The income for both examples from the OP would have been passive income had the scammer stayed legitimate. It would have been "greedier" to continue the business rather than shutting it down because the scammer would make more money that way with relatively little effort. Compared to physical businesses like hair salons or bakeries, operating an exchange doesn't require a lot of hard work once all the infrastructure is set up. Developing an altcoin doesn't require a lot of hard work either once the coin has been coded and launched. Writing software is a lot like writing a book. You put ninety percent of the effort into the development phase. Once that is over, you enter the stress-free maintenance phase.

Jamie_Boulder

sr. member

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Unintelligent, incapable, no belief in themselves, no morals.

Finally the most common one IMO: Greed

efreeti

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Legitimate business requires hard work and commitment.

Scamming, not so much.

Tammy Chan

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Quote from: KimNam on June 25, 2014, 07:44:41 AM

because too many dumb (and greedy) people in this forum who believe this random coin will huge success Roll Eyes

many scammer try to get profit from altcoin, usually with IPO and premine (or instamine too)
and many "investor" don't learn from previous lesson

Very true.
Just check the "gambling" section and see how many ponzi thread there are (and how many people "invested" in them)...

MegaHustlr

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Vote 4fryn :)

quick and fast money short term

SCAM-SNIFFER

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Quote from: 300 on June 21, 2014, 11:15:52 PM

When it would be more profitable to stay legitimate instead?

For example there was Stackcoin. Its dev had an IPO that raised 70 BTC. It had an interesting idea and screenshots were posted showing the concept being developed. Wouldn't it have been more profitable to just develop the coin instead?

Or the Sharexcoin exchange. A lot of development went into that site and the site was a fully functioning exchange which would have been a good long term investment for the site owner. But instead the owner decided to scam its users by closing the site and running off with its users' coins. I think he was later caught trying to sell 24 million QORA on Poloniex which they were able to identify and seize.

It doesn't make any sense. Huh

Scammers are oxygen thiefs as well as crypto thiefs

I am good at finding stuff on the internet & following trails.

If you suspect scammer you should store screengrabs and get as details as you can.
This is because the scammer will try to hide when they know we are looking for them.
Send me the info you have to my email in my profile.
I will look if i am not too busy.
If you can pay bounty deposit, I will not be too busy.

monim1

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They are bad people they always want cheat with others.

skottiejay

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bitcoinnaire

Unfortunately no, I've been down that route. I've sold pretty much everything besides the clothes on my back to get some money together to buy ramen. My medicines alone cost well over 600 dollars without insurance and therapy, forget it. I'm in a tight spot, and scammers make people like me look bad because I could pitch that I definitely need help, that I don't leave the house, that I don't get in a car, or drive or do anything. I can't work, I have severe panic and anxiety coupled with depression. I cannot work. I was declared disabled in 2008 legally. I'm fighting to get SSI.

But then we have people like Dank who thinks he can start a commune, and he has thousands of dollars worth of guitar equipment he can sell easily and make money, and he OWES people money and well.

I just can't get angry about this because it just makes it worse.

cookmac

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You got things you around the house you can barter with or sell?

I`d get creative and buy a lego piece and make add the metal keychain then sell it. or re-sell something you can get a hold of for lot less of a price.

Topic: Why do scammers scam? - page 5. (Read 6069 times)