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Author Topic: Why does scam succeed?  (Read 3073 times)

Offline Bobcrypto

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Why does scam succeed?
« on: October 05, 2018, 04:57:03 PM »
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 does scam succeed?
« on: October 05, 2018, 04:57:03 PM »

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Offline Marryan

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Re: Why does scam succeed?
« Reply #1 on: October 05, 2018, 04:59:34 PM »
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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Re: Why does scam succeed?
« Reply #2 on: October 05, 2018, 05:20:02 PM »
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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Re: Why does scam succeed?
« Reply #3 on: October 05, 2018, 05:44:15 PM »
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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Re: Why does scam succeed?
« Reply #4 on: October 05, 2018, 05:54:49 PM »
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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Re: Why does scam succeed?
« Reply #6 on: October 05, 2018, 07:53:27 PM »
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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Re: Why does scam succeed?
« Reply #6 on: October 05, 2018, 07:53:27 PM »


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Re: Why does scam succeed?
« Reply #7 on: October 05, 2018, 08:05:38 PM »
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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Re: Why does scam succeed?
« Reply #8 on: October 05, 2018, 11:27:22 PM »
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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Re: Why does scam succeed?
« Reply #9 on: October 05, 2018, 11:44:35 PM »
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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Re: Why does scam succeed?
« Reply #10 on: October 06, 2018, 12:18:31 AM »
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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Re: Why does scam succeed?
« Reply #11 on: October 06, 2018, 02:52:55 AM »
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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Re: Why does scam succeed?
« Reply #12 on: October 06, 2018, 03:06:08 AM »
Yeah maybe because so much big investor trust on his project, then the scam plan will continue with illegal activity
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Re: Why does scam succeed?
« Reply #13 on: October 06, 2018, 04:06:34 AM »
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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Re: Why does scam succeed?
« Reply #14 on: October 06, 2018, 05:09:56 AM »
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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