Why new crypto enthusiasts have to repeat losses by scammers again?

hatshepsut93

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Quote from: mk4 on January 31, 2020, 10:12:28 PM

Quote from: hatshepsut93 on January 31, 2020, 05:09:38 PM

Maybe if there was some sort of official FAQ that was placed in some visible place and linked to a page where newbies would get all information about scams, hacks, private key managements, etc. - maybe this would be somewhat effective.

I really like that approach, so I made a topic for our local section last month: https://bitcointalksearch.org/topic/security-iwasang-gumamit-ng-custodial-wallets-at-iba-pang-security-tips-5215182

Thankfully our local moderator @Mr. Big granted my request of having the topic pinned.

Yes, there's a lot of stickied threads with useful information, but I'm talking about something likes this:

It's much more visible than stickied threads, because it's global, so regardless of what board a new user visits, they'll always have a chance to check the FAQ, which should contain useful advises, including how to avoid scams in crypto.

USBitcoinServices.Com

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Quote from: ryzaadit on February 01, 2020, 12:01:17 AM

Most of the scam because of Ponzi & Fake ICO.

Quote from: dzungmobile on January 31, 2020, 05:51:36 AM

Scammers are stupid. Only victims are more stupid than scammers or very greedy and can not control their actions. At the ends, they get scammed.

Not everyone have the same knowledge & experience with other people, and everyone not always coming on bitcointalk.org before they know about the cryptocurrency or bitcoin. They started visiting google finding new article, the capability went they learning also not same everyone can learn fast & understand the other people can slowly to learning & understand so they need to make sure with someone who have more knowledge with him.

For example like me, if you want to see my profile i have some gap activity went i register to bitcointalk forum. With the gap around 9 months, it that times i learning cryptocurrency and other relating topics about bitcoin with my group telegram went we looking mined altcoin. Then went i comeback to bitcointalk i already have basic knowledge about trading, investment & scam attempt for some project/platform.

That's right, each person is different with different level of the learning process, experiences and it depends on how they engaged with cryptos for the first time. Some people got engaged perhaps by an interesting article that caught their attention and they went from there to keep searching for BTC or other cryptos.

Baby Dragon

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Quote from: airdnasxela on January 31, 2020, 05:01:50 AM

But scammers are getting smarter day by day. Their tricks of scamming innocent people are improving. Even if we keep on sharing our own experience and knowledge, we can't stop all newbie from getting scammed. What we're sharing is a precaution to them but even though we are aware of scams running in cryptocurrency, once we also got scammed. Since they are newbies, not everyone can easily understand everything they'll be reading here in the forum. That's why experience is the best teacher. Once they have experienced getting scammed, it makes them more careful dealing with their money.
I know we can learn a lot here in the forum but sometimes scammers are really being tricky that you'll end up believing because it looks real.

Scammers are consistently searching for a chance to delude individuals in various of ways especially when somebody has busted their systems, therefore you need a significant effort on doing your own exploration to secure your funds and assets. In that way you can see diverse data that will assist you on distinguishing which is legit or fake, it's the reason behind why novices should be mindful because there will be a few people who will attempt on deceiving them by fake promises such as earning huge profit in a convenient way. They will convinced you by their sweet lies, it is their approach to get the advantages they needed from you.

Juggy777

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Quote from: noorman0 on January 31, 2020, 12:45:53 AM

Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

There is no reason why new generations have to loose in the same way others did already.

Not all new crypto users can be scammed, and not all old crypto users can avoid scammers.
This is a matter of personality. The thread that you mean is still difficult to spread seeing scammers have many ways to find the next victim. If someone can further enhance curiosity and reduce greed, they won't end tragically. They'll do more research and gather information from various parties as much as possible on new coins where suspicious information (if any) won't be included by the scammer in the presentation.

@noorman0 this is very true because I was scammed out here for around $1200, and it was such a basic scam and yet I fell for it. However post my loss I have always made sure to ask questions out here or see threads relating to scam, and thanks to this habit I was able to warn my friends when the electrum wallet scam happened.

Electrum Wallet Scam link: https://bitcointalksearch.org/topic/so-i-got-scammed-with-the-electrum-wallet-scam-5168209

CryptopreneurBrainboss

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Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

There is no reason why new generations have to loose in the same way others did already. As a whole community that sharing knowledge is possible!!

The purpose of this forum have grown over time and things like this should have been a thing of the past if only the new generation are willing to learn form the experience of the earlier enthusiast but that's hardly the case. For example when the IEO FOMO became a trending Investing choice, users that lost massively due to ICO, issued warnings in their numbers but hardly did any new investors wanting to make quick money listened.

Same thing can be said about Ponzi scheme related business where you're required to entrust your funds to some random company while they pay you in percentage, every now and then with claims of mining or trading with your funds. We have numerous threads or replies advising against doing that but you still see victim when this projects perform exist-scam.

On the forum we have dedicated individuals that have chosen to burst scams thereby red trusting the projects that likely to scam their patronizers yet you still see gullible individuals engaging themselves with such project either through bounty promotions or investing. It all depends on the individuals themselves since all have been provided to prevent them from falling preys but out of their ignorance or greediness they still become victims.

ryzaadit

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Most of the scam because of Ponzi & Fake ICO.

Quote from: dzungmobile on January 31, 2020, 05:51:36 AM

Scammers are stupid. Only victims are more stupid than scammers or very greedy and can not control their actions. At the ends, they get scammed.

Not everyone have the same knowledge & experience with other people, and everyone not always coming on bitcointalk.org before they know about the cryptocurrency or bitcoin. They started visiting google finding new article, the capability went they learning also not same everyone can learn fast & understand the other people can slowly to learning & understand so they need to make sure with someone who have more knowledge with him.

For example like me, if you want to see my profile i have some gap activity went i register to bitcointalk forum. With the gap around 9 months, it that times i learning cryptocurrency and other relating topics about bitcoin with my group telegram went we looking mined altcoin. Then went i comeback to bitcointalk i already have basic knowledge about trading, investment & scam attempt for some project/platform.

mk4

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Quote from: hatshepsut93 on January 31, 2020, 05:09:38 PM

Maybe if there was some sort of official FAQ that was placed in some visible place and linked to a page where newbies would get all information about scams, hacks, private key managements, etc. - maybe this would be somewhat effective.

I really like that approach, so I made a topic for our local section last month: https://bitcointalksearch.org/topic/security-iwasang-gumamit-ng-custodial-wallets-at-iba-pang-security-tips-5215182

Thankfully our local moderator @Mr. Big granted my request of having the topic pinned.

Obito

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Frankly, loss is inevitable and there's no way we can prevent these fraudulent scheme to spread across the forum hence, if you are going to gain some information here you should first verify it by your own research just to be sure. Moreover, being scammed is commonly occurrence for newbies, they must experience it in order to gain knowledge out from it.

gentlemand

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Welt Am Draht

All the necessary information is out there countless times over but the scammed either don't seek it out or refuse to believe it.

I've lost count of the number of times people have come on here and been told the cause of their erection was a scam but you could tell they were looking for permission rather than advice and ignored what was said anyway.

Self delusion caused by greed is infinitely more powerful than pacing yourself and submitting to common sense. Everyone thinks the lie they're being fed is that one life changing opportunity that no one else has dared to explore.

When people still fall for Elon Musk 'giveaways' I find myself lacking in sympathy these days. Inform yourself or eat the consequences.

hatshepsut93

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If you don't get scammed in real life, you won't get scammed easily in crypto, since most of the scams are pretty obvious. And as for more complex scams, there's actually very little warnings about them, new ICOs, IEOs and shitcoins popup every day, but many people, especially newbies, still want to give them the benefit of the doubt, and its unpopular to openly say that all crypto offerings are scams.

Quote from: mk4 on January 31, 2020, 12:37:24 AM

Sure. But unfortunately not a lot of people are fond of actually reading and doing research. Heck, even Bitcointalk members still gets scammed and hacked. The reason why we see a lot of posts concerning scams and security in general, is to hopefully decrease the number of people that get scammed/hacked.

Even with one single topic post, if it manages to teach even only one single person about security, I'd say it's already worth it. Unfortunately sometimes we need to shove things down people's throats for them to realize how important security(and privacy) is.

Maybe if there was some sort of official FAQ that was placed in some visible place and linked to a page where newbies would get all information about scams, hacks, private key managements, etc. - maybe this would be somewhat effective.

figmentofmyass

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Quote from: Pmalek on January 31, 2020, 05:17:44 AM

It doesn't really matter how many warnings there are. If you believe anything you read online, and trust random people chances are you will get scammed one day.

^^ hits the nail on the head. this issue really boils down to human nature and gullibility.

get scammed a couple times, and you will develop an inherent skepticism towards con men and would be scammers. unfortunately, this sense can't be learned by reading a couple warnings. it's something most noobs will unfortunately need to learn through experience.

USBitcoinServices.Com

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Quote from: Kemarit on January 31, 2020, 01:09:49 AM

Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

With all these many years after bitcoin was first launched since 2009 and until today, it can easily there be a special thread or section to prevent new investors or newbies from scammers, so they can apply the knowledge and experiences from people willing to share their learnings, experiences, tricks, or even expose those scammers here, so new people can avoid losing their time and money. There is no reason why new generations have to loose in the same way others did already. As a whole community that sharing knowledge is possible!!

If I'm not mistaken there is a board here: Scam Accusations. A lot of forum members are contributing in exposing those scammers and I see comments as well on how not to fell for this trap. So I'm not sure if that is one board, besides B&H that you are looking for.

What do you mean by "B&H'?

And thanks that is a big thread about scam accusations, very useful and it keeps expanding. a good source for those willing to invest, so they can double-check before trying to invest in those fishy projects.

mk4

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Quote from: dzungmobile on January 31, 2020, 05:51:36 AM

Quote from: airdnasxela on January 31, 2020, 05:01:50 AM

But scammers are getting smarter day by day. Their tricks of scamming innocent people are improving.

Scammers are stupid. Only victims are more stupid than scammers or very greedy and can not control their actions. At the ends, they get scammed.

I really don't like to give them credit, but some scammers are really really clever as hell. Though obviously some of us here that's more well-informed and educated know better concerning these scams, some of the scammers definitely has some creative ways of deceiving people. As much as I wouldn't like to admit, even if I find myself really knowledgeable concerning scams, I wouldn't be surprised if I get phished while drunk lmao.

Negotiation

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Quote from: dzungmobile on January 31, 2020, 05:51:36 AM

Quote from: airdnasxela on January 31, 2020, 05:01:50 AM

But scammers are getting smarter day by day. Their tricks of scamming innocent people are improving.

Scammers are stupid. Only victims are more stupid than scammers or very greedy and can not control their actions. At the ends, they get scammed.

I think scammers are not stupid It is their new strategy to trap people They are trying to improve with the current era We should all be vigilant. We should recognize that there are various threads against scammers, especially since newcomers are more likely to be behind.

dzungmobile

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Quote from: airdnasxela on January 31, 2020, 05:01:50 AM

But scammers are getting smarter day by day. Their tricks of scamming innocent people are improving.

Scammers are stupid. Only victims are more stupid than scammers or very greedy and can not control their actions. At the ends, they get scammed.

Findingnemo

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Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

With all these many years after bitcoin was first launched since 2009 and until today, it can easily there be a special thread or section to prevent new investors or newbies from scammers, so they can apply the knowledge and experiences from people willing to share their learnings, experiences, tricks, or even expose those scammers here, so new people can avoid losing their time and money. There is no reason why new generations have to loose in the same way others did already. As a whole community that sharing knowledge is possible!!

To be honest B&H and Scam accusation section is serving those purposes but not all the crypto users are using bitcointalk nor they are actually reading anything or everything even if they have an account here.So forum is the place of information about cryptos so only those interested can do enough research and find them.

kamblepatry09

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Quote from: tranthidung on January 31, 2020, 03:24:53 AM

My scam-buster club can help

Informative and useful for beginners & newbies, such kind of scam list will help and protect us from the scammer.
Requested to update regularly,,

Pmalek

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There are some threads that newbies can read to protect themselves. Here are just a few after a quick search:

How NOT To Get Scammed, written by Drai
https://bitcointalksearch.org/topic/how-not-to-get-scammed-5197485

The beginner's guide on how to not get SCAMMED with cryptocurrency, written by stefarion
https://bitcointalksearch.org/topic/the-beginners-guide-on-how-to-not-get-scammed-with-cryptocurrency-2884483

How can we protect Newbies from getting scammed? written by LoyceV
https://bitcointalksearch.org/topic/how-can-we-protect-newbies-from-getting-scammed-5112400

It doesn't really matter how many warnings there are. If you believe anything you read online, and trust random people chances are you will get scammed one day. Use your common sense and logic. Don't send money to people you don't know. Don't invest in projects you haven't researched and especially those promising fixed revenues. Don't save/share/keep your private keys online or accessible over your computer/mobile.

airdnasxela

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But scammers are getting smarter day by day. Their tricks of scamming innocent people are improving. Even if we keep on sharing our own experience and knowledge, we can't stop all newbie from getting scammed. What we're sharing is a precaution to them but even though we are aware of scams running in cryptocurrency, once we also got scammed. Since they are newbies, not everyone can easily understand everything they'll be reading here in the forum. That's why experience is the best teacher. Once they have experienced getting scammed, it makes them more careful dealing with their money.
I know we can learn a lot here in the forum but sometimes scammers are really being tricky that you'll end up believing because it looks real.

tranthidung

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rhomelmabini

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Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

there be a special thread or section to prevent new investors or newbies from scammers, so they can apply the knowledge and experiences from people willing to share their learnings, experiences, tricks, or even expose those scammers here, so new people can avoid losing their time and money.

I think this board still has some important threads to read on for awareness of not to be scammed. There are a lot of numerous threads and articles lurking on the internet on how to avoid, how to spot a potential scammer and so forth. If I'm to put my money on some kind of investment I'd rather study it first, ask someone and really do further research on the legitimacy of a certain project, not just diving on it at first thought because they said that you'll earn a massive cashback guaranteed daily/weekly/monthly from them, that's for sure a red-flag.

bgaf

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Some of those who got scammed are not familiar with a forum like this. Most investors are mostly lurking on telegram and that's where the place most newbies got scammed.

I read many reports on Scam Accusation about being scammed by telegram. The case here is the scammer impersonate most admins of project and they will entertain you like if you need help then later down to asking some payment or whatever.

We should always remind them dont trust stranger and be resourceful to search what the project they are investing. Aside from bitcoin most of the new ones are likely to be scam. So better we must warn them always.

Kemarit

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Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

With all these many years after bitcoin was first launched since 2009 and until today, it can easily there be a special thread or section to prevent new investors or newbies from scammers, so they can apply the knowledge and experiences from people willing to share their learnings, experiences, tricks, or even expose those scammers here, so new people can avoid losing their time and money. There is no reason why new generations have to loose in the same way others did already. As a whole community that sharing knowledge is possible!!

If I'm not mistaken there is a board here: Scam Accusations. A lot of forum members are contributing in exposing those scammers and I see comments as well on how not to fell for this trap. So I'm not sure if that is one board, besides B&H that you are looking for.

noorman0

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Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

There is no reason why new generations have to loose in the same way others did already.

Not all new crypto users can be scammed, and not all old crypto users can avoid scammers.
This is a matter of personality. The thread that you mean is still difficult to spread seeing scammers have many ways to find the next victim. If someone can further enhance curiosity and reduce greed, they won't end tragically. They'll do more research and gather information from various parties as much as possible on new coins where suspicious information (if any) won't be included by the scammer in the presentation.

mk4

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Paldo.io 🤖

Quote from: USBitcoinServices.Com on January 31, 2020, 12:24:41 AM

There is no reason why new generations have to loose in the same way others did already. As a whole community that sharing knowledge is possible!!

Sure. But unfortunately not a lot of people are fond of actually reading and doing research. Heck, even Bitcointalk members still gets scammed and hacked. The reason why we see a lot of posts concerning scams and security in general, is to hopefully decrease the number of people that get scammed/hacked.

Even with one single topic post, if it manages to teach even only one single person about security, I'd say it's already worth it. Unfortunately sometimes we need to shove things down people's throats for them to realize how important security(and privacy) is.

USBitcoinServices.Com

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With all these many years after bitcoin was first launched since 2009 and until today, it can easily there be a special thread or section to prevent new investors or newbies from scammers, so they can apply the knowledge and experiences from people willing to share their learnings, experiences, tricks, or even expose those scammers here, so new people can avoid losing their time and money. There is no reason why new generations have to loose in the same way others did already. As a whole community that sharing knowledge is possible!!

Topic: Why new crypto enthusiasts have to repeat losses by scammers again? (Read 306 times)