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Author Topic: Will cryptoccurrency scams fade away with this new blockchain approach?  (Read 16439 times)

Offline smart_oa

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #45 on: December 07, 2020, 06:31:59 AM »
Actually, the scammer is smarter than normal people. If people don't be more careful about their activity and can not control their greed then those types of scam activity will not be fade away. In most cases, people get scammed because of their greed. They got traped in scammers after they got high rewards to offer from scammers.

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #45 on: December 07, 2020, 06:31:59 AM »

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Offline zulfi125

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #46 on: December 07, 2020, 07:46:16 AM »
Actually, scammer getting benefits of the not legal framework for cryptocurrency in some countries, and people join the crypto world every day; there should be instruction publicly to make their wallet secure like 2FA and strong password.
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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #46 on: December 07, 2020, 07:46:16 AM »

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #47 on: December 07, 2020, 08:00:19 AM »
Sadly enough but as we are used to seeing as days goes by, scamming is a big lucrative business, especially in the cryptospace where there's completely a zero mechanism that checks for the prosecution of any scam related practice. + Day in day out, newbies are coming into the cryptospace looking for better investment opportunities and naively they will eventually fall victim and the cycle contenues like that.
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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #48 on: December 07, 2020, 08:34:22 AM »
Hackers may take private keys and 2FA codes by sharing the link with you, but the link is a walware that can retrieve information from any data you store on your computer or mobile device.
Being more careful about storing large amounts of crypto assets is a good thing to avoid scams and hackers who will harm us all

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #49 on: December 07, 2020, 08:36:53 AM »
As per the question you asked in the topic subject , i dont think crypto currency scams will fade away no matter the approach blockchain takes, Remember that this scammer improvise and adapt, so no matter the approach, scammers will always be here but wat i did say is that the rate will reduce if the approach is good.
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Offline shadowdio

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #50 on: December 07, 2020, 03:02:27 PM »
The scammers will never disappeared, they will still on the internet trying to hook their victim. We should careful to invest the project, just do your own research before to put your money on them. Be wise, be smart this is the only way to prevent you to victim of scam. Ignore those who offering you to make money easily, just like what I receiving right now about the -- this is spam contact admin to stop spammer -- Geez.. and they were newbies lol..
« Last Edit: December 07, 2020, 03:07:11 PM by shadowdio »

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #51 on: December 07, 2020, 05:55:09 PM »
Unfortunately, fraud is where there is a lot of money, cryptocurrency is just what hackers need, I would not be against identification if it would help at least a little in catching scammers, but you still need to be as careful as possible and follow the security rules.
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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #51 on: December 07, 2020, 05:55:09 PM »


Offline Btceth01

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #52 on: December 07, 2020, 06:04:06 PM »
In fact, scaming will always be there.  In any case they will never be destroyed.  However, we can resist these scaming in various ways.  We will always take good steps to protect any of my projects from fraud.  We will always make sure that scaming do not attack in the new blockchain.
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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #53 on: December 07, 2020, 06:25:15 PM »
Scammer will not fade away, they will do anything to earn by fraud, they're target is always newbie who doesn't know anything about the risk. Always DYOR, don't invest on something you don't know.
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Offline Paglamon

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #54 on: December 07, 2020, 10:21:32 PM »
Yes, I think the scandal will fade through the new said transaction. Cryptocurrencies around the world will create better positions. In other words, in order to create new projects, some old blockchain technology will be destroyed. However, it will not work if it is lost in the market. Older projects will lose popularity, newer ones will gain popularity.

Offline Octoalts

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #55 on: December 07, 2020, 10:42:52 PM »
Scams here will always exist, no matter what the rules are.  Those Scammers will continue to find ways to deceive the people who are here.  We just have to be careful and protect our assets properly, not easily influenced by other people's persuasion so that our money is safe.
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Offline MRM

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #56 on: December 07, 2020, 11:00:05 PM »
Many people have been familiar with the cryptocurrency market for a long time. There are different types of people in the market. Not everyone can benefit. Sometimes there can be a lot of scam project. This is just normal in the market. There are many good projects in the market. There are many changes in blockchain technology. These are always noticeable.
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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #57 on: December 08, 2020, 04:31:20 PM »
Fraud is not going anywhere from us. It will haunt us wherever possible because such is human nature. Where large capitals appear, there appear those who wish to appropriate them for themselves or to snatch at least some part. Unclean people have always been and will be.

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #58 on: December 08, 2020, 07:42:25 PM »
Cryptocurrency is very well suited for scammers.  This is anonymity, being in any state using the Internet, a new direction in the financial sphere, which is still weakly controlled and protected by states.  In order to lower the level of fraud, it is necessary for the states to legalize the cryptocurrency and the relevant state bodies to register and verify the ICO teams.  Whatever new approach to ICO is invented, we cannot defeat fraud in ICO projects without state organizational regulation.

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Re: Will cryptoccurrency scams fade away with this new blockchain approach?
« Reply #59 on: December 08, 2020, 10:58:59 PM »
There is simply no way blockchain fraud is going to end and there is no way we can rule out fraud. It can only be reduced by employing stringent procedures and verification for all intending blockchain projects. A form of regulation has to be introduced into the space to help check this. Only then can fraud be reduced or eradicated.
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