Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on October 05, 2018, 04:57:03 PM
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Scammers target people of all backgrounds, ages and income levels across the world. There's no one group of people who are more likely to become a victim of a scam, all of us may be vulnerable to a scam at some time.
Scammers succeed because they look like the real thing and catch you off guard when you’re not expecting it. Scammers are getting smarter and taking advantage of new technology, new products or services and major events to create believable stories that will convince you to give them your money or personal details. Now, in crypto, this development look common. Why?
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Why? Because too many people want to earn easy money.
Of course they have to work hard in order to look like good services but nevertheless as soon as they receive money - it's quite easy to disappear.
And if one does it with crypto - he earns twice.
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Scams will surely survive because people are too lazy to reserch projects and dig out info relating to the project they intend putting their money into but one other thing is that scammers keep improving on their dishonest skills so its getting more difficukt to avoid even after a level of reserarch
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Crime occurs not only because there is a will, but also because there is an opportunity. so stay alert. try to always read news about Cryptocurrency in order to take lessons.
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Cause the newbie/ the beginner who just join in this crypto world not doing their research first. just focus on the hype and the profit. The scammers always offer the big profit
Example : send 1 ETH will get 20 ETH. or just create the simple website, github, only know a little programming than making the website + wallet + MN feature and say wanna going do presale to list to exchanger but after get some BTC/ETH, they are vanished. its so sad exactly. So thats why if some of your friend wanna join in this crypto world at least tell them about the scammer tricks.
its just the example. Nowadays there is still a lot of way for them to scamming you. Remember if someone offer you some nonsense profit, you must research it for your self is it true or just scammers.
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Scammers usually live off people's ignorance and greed. It is really unfortunate that there are people who would do illegal things just to gain.
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I think because it is a newly emerged sector, people have little knowledge about cryptocurrencies. In addition to this, regulations on cryptocurrencies and Icos are not defined well. After a few years, there will be lesser scam projects.
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Scamming has always been there even before the birth of crypto. Definitely, there are people who are brilliant only in scamming people. It may be common here because newbies enter the market always and they come with "make money quick" mindset so they easily fall victims
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Yes, it is mostly because they catch us off guard. You may be tired and don't read everything and click through. Then you realize you have just been scammed. Always keep a ratio of value/time. Read everything (even slightest details) if there is big money at stake and take your time. But don't waste more time as it is with smaller amounts of assets, if they do not mean much to you.
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Scammers take advantage from people that are too greedy and want easy gain in few time. There are also complex scams that are difficult to find and there are a lots of way to be scammed, for example I've done ABLE bounty campaign for months and project seemed good I checked socials, website, whitepaper, everything was clear...however it was a scam and I didn't receive anything in the end
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Tricks will without a doubt survive on the grounds that individuals are excessively apathetic, making it impossible to examine ventures and uncover information identifying with the undertaking they mean putting their cash into yet one other thing is that con artists continue enhancing their unscrupulous aptitudes so its getting more hard to maintain a strategic distance from even after a level of research.
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Well for better or worse, because it's still the "wild west" out there in the crypto space. I think I just made a mistake investing an ETH in a project. I didn't read their whitepaper until I'd sent the ETH... and they used pseudonames instead of their actual names, which is something I always want to see. But their website has been down for hours today without any announcements... so I'm hoping for the best that it'll come back and it was just technical difficulties.
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Yeah maybe because so much big investor trust on his project, then the scam plan will continue with illegal activity
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I could say that they are copycatting others plans of structure for development. Really hard to find difference ,maybe in https section and further analysis that i am not avare of
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currently, so many ico scams that make investors and bounty hunters suffer the big losses. we must be able to avoid it by choosing a good bounty to follow. but I know that choosing a good boutny is not easy.
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Regardless of time location or even the person profile scam will still have chances for succeed, just that certain profile will have a higher chance of success rate compare to another profile. Most scams will succeed is because they are targeting on the weakness of human fear/greed and many other emotions.
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I think that is because there are so many people who still don't know how to avoid the scam that is in some ICO because according to the trader it is genuine but after being investigated more deeply they are just fraudsters.
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As most people seem to agree, one of the main factors is greed. So many of us want to get rich quick without putting in the time and effort, making ourselves easy targets for scammers. It gets a bit more complicated as the scammers are upping their game, spending more money to create a false sense of legitimacy to lure unsuspecting investors in. It really comes down to how people need to be ultra careful when they invest their money, far too many are willing to invest in a pipe dream; projects with no MVP, a poorly written white paper, lack of team information and more. Even a quick check on google will normally throw up some red flags, especially if you go more in depth on forums. I normally google the project name plus reviews, and that's just for starters. It's a jungle out there.
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Because with cryptocurrency, including the ICO it gives the lure easily to double the money.
If you understand with many types of cryptoucrrency then you can also be aware of SCAMMER.
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Deception works because they target beginners in Crypto and users who are still lacking in knowledge. If we pay attention, people who are experienced in the Crypto World and have extensive knowledge, he will be able to deal with these frauds and it is not easy to be tricked by some Scam or other projects. So in your knowledge and knowledge in this crypto world, fraud will never succeed.
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When the cryptocurrency was not so popular, there was a huge plus-the absence of a large number of scams!
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Scammers are scammers, but with safe sales the risk of losing money is reduced to zero
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In cryptocurrency there can be no safe sales, there is always a certain risk of Scam
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Scammers target people of all backgrounds, ages and income levels across the world. There's no one group of people who are more likely to become a victim of a scam, all of us may be vulnerable to a scam at some time.
Scammers succeed because they look like the real thing and catch you off guard when you’re not expecting it. Scammers are getting smarter and taking advantage of new technology, new products or services and major events to create believable stories that will convince you to give them your money or personal details. Now, in crypto, this development look common. Why?
unscrupulous aptitudes so its getting more hard to maintain a strategic distance from even after a level of research.But don't waste more time as it is with smaller amounts of assets, if they do not mean much to you.
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You can safely invest for example through w12.io (https://tokensale.w12.io/?utm_source=psv&utm_medium=altcoinstalks&utm_campaign=altcoinstalks.com/index.php?topic=58520.15) the Risks are zero. This is for those who do not like to lose money.
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fraud can succeed because we are told by the hope of big profits, when we really want big profits and they immediately make a very mature strategy so that we are lulled to them by a very profitable offer and that's where we will be exposed to their deception.
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It is very important to identify scam project to prevent yourself be their victim. The more people who doesn't have an attitude to search before participating the more they are the one who fall to the hands of scammers. Take care and treat your time as important as yourself.
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Everybody is vulnerable to scam, so due to our greedy and ignorance we fall a victim.
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I think because people who have just joined the crypto world cannot see which projects are good and which are bad
yes maybe because of that fraud succeeded
and I think fraud can succeed because of the lure of the big prize
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Crime occurs not only because there is a will, but also because there is an opportunity. so stay alert. try to always read news about Cryptocurrency in order to take lessons.
Scams succeed because they look like the real thing and catch you off guard when you're not expecting it. Scammers are getting smarter and they will study everything about all the details before starting thier operation.We must be alert and be smart before entering any business proposal or any transaction made..
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because in crypto there is no definite law and can deter the deceiver this is a weakness in crypto there is no basic law and just have enough trust, if you have been hit by a scam you cannot complain anyone you can only confide and share stories in furom only
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being greedy and want to be an instant millionaire this characteristic is the key of the scammer to be successful
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yes, right from the greed that we have, it is easily exploited to benefit the fraudsters so we must be careful in investing our money
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they succeed because they offer benefits that are very fast and easy to do and that often happens to beginners who have no experience in the cryptocurrancy world, so we have to be good and not careless
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a fraudster will do everything he can to benefit himself wherever he is including the world of cryptococurrancy which is growing in the community.
if we don't want to fall we have to find out first
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Despite unconvincing storylines,widespread media coverage and in this Technology Era, people are still falling for scams. Human behaviour experts explain the psychological techniques used to cheat people. And Scammers always target specific weaknesses and some people who just new in some sort of things. We give example in this crypto world. Send 1 ETH to get 20 ETH after a week. How can we easily get the profit like that? only invest and wait until 7 days to get the 20x profit? its 100% scam. My friend is a trader and sometimes he will suffer from the lossing too. And some scam succeed because the victim too lazy to research them first and only just trust the new person and then feel regret after that.
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Doing research before you invest in crypto is something you have to do, don't invest because you see a big sales bonus at the ICO, it won't guarantee you get a profit.
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Why? Because too many people want to earn easy money.
Of course they have to work hard in order to look like good services but nevertheless as soon as they receive money - it's quite easy to disappear.
And if one does it with crypto - he earns twice.
I would say they are smart enough, therefore they are able to make such frauds.
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we really want big profits and they immediately make very mature strategies so that we are lulled by a very profitable offer and that's where we will be exposed to their fraud. Deception can succeed because we are lulled by big profit hopes,
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Scammers have always existed, so it is not surprising that they are now. Cryptocurrency is a topic that most people know very little about and scammers use it. They enjoy a low level of knowledge of people. Yes, they are constantly improving the types of fraud, but if you also constantly learn, get new knowledge, then it will be difficult to deceive you. You also need to remember that a person can be deceived only if he allows it to be done.
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It just because people don't want to research about the project. Mostly newbies are the one who has been scammed.> But honestly it is very difficult to tell whether the project is scam or no..They are very professional on scamming investors
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It is a and unfair to all the hunters effort scam will be succeed because of there badly kind of moves stealing the private key to each members that"s why they succeed there works mentally.
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They take advantage as we don't have any criminal offense in cryptocurrency. Also they can use any identity to scam people and they are not afraid as crypto is not totally supported by any government agency. We heard many scammed projects but no one was in jail.
The only way to combat those scammers is to have a regulation in launching ICO that those who want to launch ICO will deposit some collateral amount to the regulating agency as payment to the investors if they will run away after the ICO.
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Most often, the people themselves are to blame for being deceived by the scammer, because people are lazy to think, read, and succumb to greed. If you always remember that free cheese is only in a mousetrap, then you will be fine. Scammers think their head to come up with a new way of fraud, why don't we think before committing any actions?
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That's what they practiced all the time to scam others. It is stealing others properties without any verbal communication rather they did it through scammers ways maybe hypnotism by attracting investors to participate in their developed project which is scam. They succeed because they got enough victims.
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Scam succeed because of people patronize the big amount of token/coin they received after investing especially in ico most of ico project are scam they're gone quickly if they have alot of eth they receive people take risk to invest to think they can gain big profits of it.
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All scammers succeed in hacking and cheating due to lack of security to the blockchain.
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Mungkin mereka ingin menciptakan keuntungan maksimal dengan menjadi scammer In a relatively short period of time but with the emergence of these problems we must be able to focus on avoiding fraud with a cautious attitude.
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Many beginners want to know Crypto and they are happy with the purchase bonus offered by the project. I think we need to be careful and keep learning from mistakes so they don't easily fool us.
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They will do everything for successful scam.. So be careful of all the time and every step you take.
Always put on your mind that exploiting the dangerous myths above, scammers often use psychological triggers to get an automatic response from you without you realising it. Watch out for them next time you're approached, or even next time someone asks you for a favour.
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Actually the factors that cause successful fraud are from each of us. If we are not careless and not careless and not in a hurry in making decisions. Kite will not be affected by Scams. If we are more careful and analyze the things that must be analyzed in this Crypto world well, then we will know which ones are Scam and not, so that we can avoid anything in the form of a Scam. All this is done by learning and continuing to learn to increase broad knowledge of the Crypto world.
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the main key is we must be careful. to follow a project we must really understand it well. a good project must also be handled by a good team too.
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Lack of knowledge and trust in new things without learning them. that is the cause of many fraud or scam cases in the crypto business. Investment requires time and process. nothing is instant.
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Because for example in my area many people consider playing in the world Cryptocurrency is like gambling. so if the loss assumes that he is not lucky and feels not being cheated. I think that also makes Scamer more and more
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Scammers also succeed in all their operations in cryptocurrency because there are no proper checkup on ICOs no strict regulations backing and it nature of a decentralized platform,these have given them so many opportunity to scam.
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One of the things that is making scam to succeed in cryptocurrency is because there are no regulations. If there are regulations put in place, it will help in reducing scam in the crypto world.
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Because people are easily blinded when they are presented with huge figures of earning and it's an easy money.. People are so vulnerable when it comes to money whether how old you are or what's your status in life. Scammers will find your soft spot to fall for their sceme.Lets just be vigilant and be more cautious . DYOR before investing