Bitcoin Forum

People now a days who are so desperate of earning money. So some other are taking advantage to them.
Even me was victim of scammers.


You can you suggest how can I prevent from scammers.. ??? ??? ??? ???
Thanks..

i agree with the point that the number of scammers are increasing day by day. so i am listing some points below which you should follow while trading with any person.

 1. check the person's trade history whenever you are dealing.
2. always use escrow. ask the person to use escrow and if he gives any silly reason and denies the use of escrow then you should immediately cancel the deal.
3. check the behaviour of the person. if he acts like he is in rush and wants to finish the deal very fast then mostly he is in the intention to scam you. so dont do rush deals.
hope it helps!

1. Check his trust rating. You can see if he has previous shady stuffs going on.
2. Use an escrow. If he refuses to do use one, do not send first.
3. After receiving what you are buying/trading, check it as much as you can. Don't be in a hurry.
4. Stay away from kids that are selling stuffs and they are like in such a hurry. The thing that they are selling usually have a hidden defect or something.
5. If you have common sense, you'll easily detect lazy scam attempts. If the trader has created a thread, just wait for people to comment if it's a lazy scam attempt if you're not so sure about it.

That's basically it. If you don't send your money first, you will not get scammed. Another thing though, there are some stuffs that might look "fine and working" at first, but eventually becomes deactivated or can't be used anymore. Example of this are accounts online like Spotify. They say it has a lifetime subscription but if you check it on the website, it actually expires days/weeks after you bought it.

In most cases,victims greed makes him fall for scammers mischief.Scammers usually make their offer very lucrative for victims to resist.They offer high return in less time with less investment for example.

 I don't know about you here, I don't give my money if I don't check someone or something. Before I get to checking first I need to like suggestion, and only if I like it I try to inform myself more. If I don't like how it sounds I don't bother to check more.

 Never believe in big promises, small and safe steps are much better. Profit is low, but at least there is some profit.
 
 

This is a problem that'll continue to grow and will never, ever go away.

The most dependable one is that if it's too good to be true then it certainly isn't true. I'm constantly flabbergasted by the people who run towards the most agonisingly obvious scams even when people are shouting at them about its obviousness. That goes for cloud mining, 'investments', and pretty much every single other thing on this forum.

There's a never ending supply of fresh meat on here that refuses to take on board the hard lessons that everyone else has.

Don't trust anything that involves you giving up your private keys. If you do have to do it make sure whoever is asking is bulletproof and accountable so that means Gemini, not Cryptsy. The sheer amount of people asking for your money on here via websites that are one day old beggars belief.

As for who to trust on here, I'm not really sure whether that's possible. There've been cases of long standing escrows going rogue. You just have to take the best chance you can and hope for the best.  

But the main things and important for remembering, the scammer is always offering a big offer can make their victims is feeling excited about it. and it's the main things for you to prevent from the scammers be careful about any offering from the another people, site or another like that because the chance they will become a scammer is always there.

As you have mentioned , the scammers number increases day by day , because some people find it the easiest way to get money , this case is related to the person's ethics , because stealing others money means stealing their efforts , I liked the rules which are posted in the first two comments , they are very valuable .

Those all 4 is useful to figure out a scammer, but people can not win in this war, cause every day scammers find keys to our hearts and minds and wallets. The problem of scammers can't be solved, day by day they create new and new ways to take our money.

Most scams can often be very obvious, if the scammer is gaining nothing from a deal then why would he do it, it must be a scam. The best way to avoid scammers is to always use an escrow and check previous feedback of the person. Just remember that you can't get something for nothing, anyone who offers this is most likely a scammer.

The onlything that i can suggest to you dont trust any one and always use escrow for dealing.. honestly i am doing this before because anyone here i dont trust any one here i always use escrow.. now i am looking for an acocunt if its legit or not and i am dealing only for high rank account for newbie i dont have time to talk to them. unless if the can send first.

According to me You can Check the Following things before A Deal:-
1) Firstly Check the Trust Feedback Given By Other Users to the Person you are Trading....
2) "Prevention is Better Than Cure". So Always Use an Escrow Before You are Sending Money Or any Other Precious Things....
3) After Buying anything Firstly Check the Item Carefully And then You can Make the Make The payment To the Seller......

The simple and effective way of getting rid of scammer is going with escrow providers. But, there are some practical inconvenience like excess transaction fees / time delay in transition in this, particularly when we are dealing with non-digital items.

You must choose a very trusted escrow for your transaction, other wise you might end up with a new scammer as we have seen the incidents of escrows turned scammers.

Check his transaction history first. But for me having a green in a profile doesnt mean they are trusted. Remember there is an escrow who has good number of trust in his profile but to find out he's an scammer. So there is still a risk in using escrow. Anyway i dont do transaction.

You can figure out if its a potential scammer if:
1.It is offering a high return in a short period of time like the High Yield Investment Programs. Having a return of 10% a day is just too good to be true even 5% or 3% per day.
2.They are not being transparent or don't disclose how they can come up or earn the amount they are paying you or the interest they are paying you each day.
3.They have no physical address or there is a physical address stated but it does not exist.
4.There are already complaints to the person or company you are dealing with before so you should check first if its reputable.
5.If a person wants to get money from you and rushing you then maybe there's a hidden agenda why he's in a rush.

When someone is promising 150% "guaranteed" ROI after you give him X amount of bitcoins.

HYIP and cloud mining websites are the obvious scam.

I`m sorry that you were a victim.Can you tell us your story?

Sometimes you can figure out scammer from his Webpage - standart template, Web page can be free of charge, without any contact address. Sometimes scammer Webpages also have outdated information.  ;)

Just remember that as of these days, there's no such thing as easy money especially if it's high amount. People nowadays are very attractive on those offer that can earn high profit, actually sometimes earning without doing anything but just deposit money. That's a big no no and obviously a scam. Why are they giving you money without doing any service or the like in the first place, right? Be observant always and consider all the information about a site or people, before making any move.

I spot spammers through their offer and the pitch they use. I have seen, spammers pretend to be too much user friendly and at first they provide little bit (fake) information about them and their (fake) company then they slowly push you to spend for some offer (which they pretend like suggested by someone else having good member reputation). The basic thing I notice that spammers stick with conversation with you if you are showing even 1% interest initially. I like to have chat with spammers, here is why..

Scammers mostly promise you big returns for your investments because they know everyone likes to earn quick money so they just use that trick, and the ones who are new and does not know anything about this fall for it and they invest for getting big returns and they find nothing coming to them later on.

The best thing you can do is to visit this forum daily and check all the threads which you are involved in , you can also visit scam accusations board to know what are the most used methods to scam the others .
Also if you intended to buy/sell , or joining ICO , do not do that without escrow .

Check the guy's reputation and do not put to much trust on anybody here online if he is asking a lot within your boundaries then there's a probability that he wants something from you so keep your distance..

Simple tips is to avoid any offer that is too good to be true this same applies with investing in any service or programs. Mostly HYIPS/cloud mining that is offering very high return on investment are just a possible scammer which will run away at some point. If you are doing personal deal try to avoid deal without escrow, always use escrow to trade with anybody in forum.

The people that go ahead and give crazy discounts and want you to go first, even though they are newbie accounts and fuck the account up with negative trust.

But, I guess they're good for the community in some ways.

Well, the scammer will take a lot of the way, maybe like your side. if they are a newbie and having a negative trust but seem they will not care about that. like a blind people.

i assume you are talking about FUD since you posted this in trading discussion board.
so to detect FUD or even a scam in general you have to always use your brain and logic instead of using your emotions when you read their comments.
use the tools at your disposal to gather more information, for example you can always check the price and look at the charts yourself to see what is really going on.

It's pretty easy to figure out if the person is trying to scam you. Scammers try to do too-good-to-be-true offers to make the person he's talking to interested especially if the other person is a newbie. Scammers know that newbies are their potential victims. Scammers usually ask you to send some money first and then he'll send you the thing you're buying afterwards. You wouldn't get scammed if you don't send money first so you shouldn't send first or if you really want to buy something and you want to be secure, use an escrow.

Easy for ico coins, only invest ico coins with:
1. escrow
2. reliable background dev team
3. all info of devs must be shown
4. accept our interviews, hangouts, answer our questions fluently.
5. BTC core dev involved, big company CXO involved
6. don't buy in hype, especially overvalued/overcrowd ico.

there is not really a global rule for detecting scammers and avoiding them. but generally you can check their history and their posts they have made before also you can check their trust rating or any similar rating on other forums.

also as a rule of thumb what looks too good to be true is a scam.

Their are lot of ways of scamming , some are using online investment method of giving you daily 25% or double your bitcoins in 24 hrs, this type are called online investment scamming.

If you are going to trade then you have to check with their account history of trading and if they have got any red trust mark, then you have to be aware of it, and use escrow to do this type of trading to avoid getting scammed.

I think the best way is to evaluate the logic of their offers. Any kind of "guaranteed returns" is a red flag, as it is IMPOSSIBLE to guarantee a return. Really, obtaining bitcoin in any way other than paying full retail price at an exchange is very risky. Look carefully at the reports of those who were scammed and you usually see a glaringly bad decision to trust someone. Don't trust anyone!!!! Just use an exchange that gives you a way to trade without knowing the seller.

Exactly, trusting anyone unknown to you in this era is really a foolish thing because we cannot find a lot of trust around these days because every single person is thinking to just fill his own pockets but they don't think about others so better not to trust anyone and be your own manager or investments.

it is not that hard to detect who is running a scam on you. the general rule of too good to be true applies to all of them. and especially when they are having a hard time proving their legitimacy it shows that there is something shady going on with what they say.

because a legitimate business never tries to hide anything and will always provide proof super easy and fast.

Ironically, in my experience most scammers I have met with have been bad liars. I found asking questions and trying to fully understand what the users said in the offers eventually led to rather precise conclusions. Scammers often fall in paradoxes of their own lies. In addition, all above mentioned factors count, though.

it is because they are usually dumb people who are trying to scam others.
a wise person will choose a wise method of earning money not robbing people of their money to make money himself. that is why their lies are stupid and easy to find out.

I keep the same my experience, too. However, I remember wisdom comes from much life experience and appears in the long run. I advise all people who are thinking about how they could obtain quick money to search actual opportunities and try to figure out real solutions. I can always find opportunities where people are since people always have some problems. It could happen that I cannot help them in that moment, but fortunately, there are many problems so many opportunities. I do not need to come up with a fake offer when I can easily find another opportunity where I can come up with a real solution. Remember, one successfully solved issue may open the gates of even more opportunities like the same people will dedicate you more opportunities as they put more trust in you while scamming just closes the gates because the same people will be more cautious next time and will not want to do more business with you.

Just do not trust people easily. You need to know him/her better ( you need more time for it )
My cousin also got scam when he got tricked by sexy girl who seduce him to use CC because they have nice promo.
After he transferred the money and try to contact her, she's just dissappear.

There is a lot of scammers online, unless you know the person good, don't trust other people asking you to "invest" and so on, it's better that you hold your coins in your wallet, so you could making some earning if the price increase.

Usually the scammers promise high returns of investments and high interest to encourage people to deposit in their projects. So just stay away from this form of ponzi schemes.

Indeed, sometimes you just have to play as if you're a fool when you want to spot a scammer. Sometimes the lies of a scammer isn't concrete and/or detailed enough. Some scammers can't even play the role he's playing correctly. So, if you want to figure out if the person you are trying to transact with is a scammer, try asking him questions and confusing him. Most of the time, the stories are becoming crumbled and the scammer would just give up on you and go away.

Sometimes, scammers uses very promising words. Too good to be true. For example of this are bitcoin doubler sites. They will double your bitcoin in just hours or days. Dont trust them coz they will run away with your bitcoins. If they are true and legit, there will be many millionaires right now. Make a research of the site you are going to transact with. Dont trust any red marked account here. Trust only high reputation accounts and high rank here just to be sure you wont get scammed here.

Every word go out from the mouth of scammers is always promising, but it's lead to a scam. Sometimes I have found the blatant scammer in this site, although he got a neg trust and they're always promoting their site with promising words. the scammer is head harsh.

If they dont use such words and those fake promises then they wont be able to attract users towards them, that is the reason why they do this and they get success many times because the ones who are new to bitcoin gets trapped in such things because of lack of knowledge about these things.

That is quite easy. Use your common sense and your brain while dealing with people.

Ingredients:
1. Common sense
2. Brain.exe
3. You may also want to do some research about the people/so-called company you are going to deal with.

With these three ingredients, I don't think you will fall to scammers easily.

No how generally. But oftenly you can get that someone is trying to scam you with asking some private details like passwords. But the most of scammers that I met is were those people who hacked profile of my friend on Facebook and was writing kinda from her or his name, and dialogue was going fast to asking some money from me, like something happen. And I got that it is just scam cause this money asking were from those people from my friends list to whom in daily life I say just "hello".

No, actually they don't scam people because of desperation, most of them are professionals in these illicit activities and are able to gather huge money through these frauds, and that is why all of us need to be very cautious at the moment of accept these suspicious offers.

If anyone ask for username and password that means business is not clear, nobody ever ask for password. But that is not the only way to recognize potential scammer, before you do something try to ask someone else about existing service.
Never invest money in something that promise incredible things, anything that seems to good take with suspicion, be careful with new and not tested sites. Scammers are smart people, they always invent new ways to trick people to give them money, there is no good advice how to spot them, only sure thing is to watch what are you doing, and doubt in everything. Don't give trust so easily and before you test someone or something.

I use my own way before, and now with 100% accuracy, my investments are good. Never fell into a scam.

I have learnt something from the responses , thanks everyone

Okay, but better for you to visiting more information about scammer because in here just discussing figuring out the scammer,
Be aware.

try gain information from many source
and make friend with lot of trusty people

I heard this saying somewhere, "When something looks too good to be true, it probably is." It makes a lot of sense to me and I tend to stick to that rule when making decisions.

Thats right, from this thread you will just know if how you can stay away from scammers and what kind of words a scammer can use, but here you are not getting any information about the sites that can be scam, so for that you will have to visit some sites that give information or tell about the sites which are suspicious, you can find many websites like this on google.

I vote for the forth option because it is like this the majority of the scams are pulled out. We all know how many scams of cloud mining section fell down not that long time ago and they had one thing in common. They didn't show their data of mining and they all put fake addresses to their websites and fake phone numbers or even secretary machines which kept you hanging in there. Another thing that can spoil a scam is if its too good to be true then probably it is. This 2 are the most focal points in pointing out a scam.

Common sense, or gut feeling. When I have any inkling of distrust from a buyer, I just nope out of the trade. Normally I have several precautions such as delay released, torn receipt, etc to discourage scammers but they always try to one-up me (which happens a lot). You always have to stay one step ahead of them, and also join a group of trusted sellers that would share tips with you and potential scammers as well.

Your points are exactly correct about the cloud mining websites that turned scam later on but there are or there were or maybe there will be some scam hyips or ponzi sites that really pay at first just to win the trust of people investing so that they invest even more next time, and when the investors invest more they just scam them and run away, it happened a lot.

You would think the runners only occur on ponzi, showing off they do stuff right and then take it down. In reality I think any legit company can do this, especially with a big order or when they are close to bankrupt.

Well all scammers will want to end everything as fast as possible and will be nervous too, these are signs of scammers usually

Not all scammers are nervous nor every scam site collapse early, they keep calm and stay there for a long time to win the trust of people so that they can accumulate a bigger amount later on when the trusted users will invest more in their program, just how HashOcean did.

Spammers and Scammers,they're different.Anyhow,the topic mentioned here isn't about the IRA scam phone calls you get on daily basis if you don't have your spam filter on.Simple measures like not giving your SSN or credit card numbers over the phone can help you beat that,only if you had brains.

An old video....

Never invest in online companies and only after seeing and visiting their local office only then think about giving any amount of cash to them also they should have a reasonable interest rate offerings.

There are some ways to prevent it, the first rule is : never trust anyone, even yourself.
Check someone's trade history, ask about him in some places- if he is not using fake name, they will probably know him, and if he does- then it is prolly a scam (new account right?)
Escrow is very important tool too.

It is not always important or it is not always possible for someone to go and visit the local office of a company before investing it, but some positive responses from some trusted users would be enough all you will need to do is to do some research about the company you are wishing to invest and you will know the status of it.

Figuring out the scammers is really a hard task, because during the early days scammers focused much upon the newbie as they can be convinced easily. But now scenario has changed, scammers try fooling even persons who are much better in online activities with several unexpected tactics.

And it is always useful to look at the Whois information about the domain name of the site. If the domain has just been registered, it is a warning sign. The recent scam HybridMixer was registered at GoDaddy (cheap Internet domain registrar)...

So if you see something like this:


stay away from it at all costs

I think you really are vigilant you can really know if you are being targeted by a scammer or not. Well i have some idea because i also encountered some of them. Since we are in trading, i can identify a scammer if he talking so good like trying to convince you to trade to this one because it is much better or etc. but there is still a lot of ways because as you are learning so as they are also try some new technique.