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Title: . Post by: mohieddine on March 06, 2018, 04:25:30 PM Sorry Title: Re: Be careful Post by: 4ernuy on March 06, 2018, 04:27:39 PM Yes, this is a big problem today, many projects are closed and disappear immediately after the completion of ICO. It is necessary to take some measures at the state level, many people will suffer
Title: Re: Be careful Post by: TimeHacker on March 06, 2018, 04:30:22 PM This is actually one of the few things where some regulation from goverments can be useful. If every ICO founders would have to register somewhere and disclose their real identities, for example, something like fake ICOs couldn't exist... if the founders don't want to go straight to jail of course ;)
Title: Re: Be careful Post by: OluwaTosin10 on March 06, 2018, 04:31:10 PM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. This is very good idea A typical example is xrmg(Monero gold) They made a perfect game plan, white paper, roadmap, for listed on coinmarketcap, paid to coinexchange, traded for 5 days Promised to get listed on Binance the following Monday; millions of people traded and they crashed on Sunday Withdrawing all balance they had earned and left people bankrupt We all just need to try to be extra careful Title: Re: Be careful Post by: voxdu12 on March 06, 2018, 04:37:12 PM it is necessary to introduce regulation of this activity, to oblige to register its ico in some kind of body, in order to avoid deception in this sphere.
Title: Re: Be careful Post by: pey on March 06, 2018, 04:39:41 PM Making scam ico is very difficult for scammers while there is lots of creative and easy methods for them. I don't think people invest their money in every ico. There must be expectation of big profit
Title: Re: Be careful Post by: sieemma on March 06, 2018, 04:43:42 PM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. Title: Re: Be careful Post by: Agamemnus on March 06, 2018, 04:49:51 PM We as a community need to ask for a proof of coding work done or the past work done by the dev teams behind ICOs. Millions of dollars have been lost due to scam ICOs running away with the money. I don't know how long this is going to be acceptable to everyone.
Title: Re: Be careful Post by: mrtryonebiggums on March 06, 2018, 04:52:28 PM We as a community need to ask for a proof of coding work done or the past work done by the dev teams behind ICOs. Millions of dollars have been lost due to scam ICOs running away with the money. I don't know how long this is going to be acceptable to everyone. I know I certainly have had enough, and generally it takes one or two scams for each person before this stuff stops. The reason it doesn't stop though is because you have new people constantly entering the market. As much as we may have learned, the new people coming won't have. They will think it is easy money, I throw some at an ICO and make big bucks, but they won't know the pitfalls that lay ahead at all. A scam or two will wise them up too, but sad to say I don't think scamming will ever leave this planet because of fresh blood to be scammed.Title: Re: Be careful Post by: earthcoin on March 06, 2018, 04:58:04 PM Thank you for the info. I think people are just so dumb for blindly investing in just anything, hoping they are going to make so much money from it. It is easy to put money into something, and not so easy to actually do a little reading. Honestly, there are some great projects out there and I hate seeing these scams negatively impact all ICOs when it's only a subset of them that are scams.
Title: Re: Be careful Post by: Ereun on March 06, 2018, 04:59:19 PM It is not easy to see the ICO scams, the various ways they do to earn big money quickly. Vigilant coin indication scam learns its traits how the pumper and Dev coin act.
Title: Re: Be careful Post by: illymoka on March 06, 2018, 05:07:04 PM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. Unfortunately, everything can be scam now. I know some guys who were written into the developers of the project, and they never knew about it. How to check this out, send email to everyone? Title: Re: Be careful Post by: Zapto25 on March 06, 2018, 05:14:10 PM I'm not so sure there ico scam, because ico scam is very difficult to do
sacrifices to pay for advertising even using fiverr, even stealing someone's identity. this does not make sense Title: Re: Be careful Post by: Black_fox on March 06, 2018, 05:17:35 PM Yes, this is a big problem today, many projects are closed and disappear immediately after the completion of ICO. It is necessary to take some measures at the state level, many people will suffer Totally agree with you. We need to take action. People are increasingly meeting scammers. It's sad.Title: Re: Be careful Post by: seo-maestro on March 06, 2018, 05:21:51 PM We can't do anything with scam ICOs because there are a lot of confiding people who invest in scams and scams becomes more sophisticated every day
Title: Re: Be careful Post by: eldub on March 06, 2018, 05:26:03 PM I'm sickened by all the people asking to be regulated. Careful what you ask for. If these markets were regulated 'til they were smooth as vanilla pudding for all to consume, there would be no money to be made. Safe as milk takes away risk and risk makes money.
Title: Re: Be careful Post by: xsaints128 on March 06, 2018, 05:27:59 PM One can't be too careful regarding the ICOs. There are just too many scamsters out there trying to rip you off. The most important thing regarding the authenticity of an ICO is its team, if the team is sound then the ICO is good.
Title: Re: Be careful Post by: xanaxxx on March 06, 2018, 05:28:49 PM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. with proper research, you can mostly prevent scam ICOs. Usually they use fake advisors, nonexisting team members etc. Always study if there are real people behind the project, that will tell you the most. Title: Re: Be careful Post by: setifien19 on March 06, 2018, 05:29:12 PM Exactly, FAKE ICOs have become a real menacing problem for the whole community where investors & traders may suffer big losses ( or even unrecoverable ones ) .
This issue makes me ( and a lot other people ) support governmental regulations ( even politicians take part in that cake ) but finally we would be prevented Title: Re: Be careful Post by: BitcoinTurk on March 06, 2018, 05:31:37 PM Yes, this is a big problem today, many projects are closed and disappear immediately after the completion of ICO. It is necessary to take some measures at the state level, many people will suffer Unfortunately, many ICOs have been wandering around today, which is no good. There are also projects that make a big impression in the direction of the expectations given especially to new investors. This is reflected negatively in other robust projects, of course. Now that we are afraid to make serious investments, we have realistic and profitable projects. Title: Re: Be careful Post by: gunhell16 on March 06, 2018, 05:32:27 PM I have noticed an ICO that have an accusation of being a scam!
their telegram: https://t.me/joinchat/Gvzumg5Ey1rGhbh5cDXgOQ Bounty ann : https://bitcointalk.org/index.php?topic=2915094.0 scam confirmed ANN THREAD: https://bitcointalk.org/index.php?topic=3066178.0 i tried to joined their telegram and asked about it in a good way and without any words to read, they just blocked me! I also Direct message the bounty manager of this campaign and i got the same result, BLOCKED! campaign manager telegram: https://t.me/MyriadsSupport Title: Re: Be careful Post by: cryptogeek101 on March 06, 2018, 05:32:41 PM One has to do some due diligence to find out their nature whether they scam or not. All points to the whitepaper, a well written whitepaper with a good project concept is a good signal. You get to know who and who are behind the project. With a solid team you are sure of a project completion. You really need to be very careful as adviced by the owner of this thread.
Title: Re: Be careful Post by: cryptomema on March 06, 2018, 05:36:55 PM The most trending scam ICO today is the MYRIAD scam,which they faked the information of the founder,it was announced few days back by a bounty hunter who reveal the real identity of the said founder they are claiming,fake profiles and fake identity was used,when i talked to the bounty manager in the telegram group he kicked me,surely a scam,
Title: Re: Be careful Post by: masphie on March 06, 2018, 07:46:59 PM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. thank you for your attention. but, some people already to guaranted ICOs project with their rules. And i am sure, under their "home", all ICOs will be trusted. Title: Re: Be careful Post by: TerrorFromTheDeep on March 06, 2018, 07:50:28 PM One can't be too careful regarding the ICOs. There are just too many scamsters out there trying to rip you off. The most important thing regarding the authenticity of an ICO is its team, if the team is sound then the ICO is good. Yes the Team it is the first what you should looking before fall to ICO. But sometimes people from the team on the web page of ICO don't know that they have participated in project. Title: Re: Be careful Post by: TravelMug on March 06, 2018, 07:56:35 PM And the saddest part of it is that those legitimate ICO's are affected as well. Investors are now reluctant to shell out their hard earn cash and as beautiful as your project is and trusted, investors are now thinking twice and as a result your ICO will be a total failure.
That's why we really need to research and do our homework and check everything out in the web. If you smell that the ICO is a possible scam then do not put your money in it. Simply as that. Title: Re: Be careful Post by: AngelSky on March 06, 2018, 08:04:06 PM The most trending scam ICO today is the MYRIAD scam,which they faked the information of the founder,it was announced few days back by a bounty hunter who reveal the real identity of the said founder they are claiming,fake profiles and fake identity was used,when i talked to the bounty manager in the telegram group he kicked me,surely a scam, LOL, I think he got buthurted because of this project. People whenever you are looking to invest on any ICO before that you need to check some information about the project first. If you are able to find the white paper in details and you are convinced about the project information you can go with investing on that project. If you feel that this is good and not clear with the white paper then check the dev team and road map of the project then you can go with investing on ICO. Title: Re: Be careful Post by: btcefeyigit on March 06, 2018, 08:27:30 PM this market is very active. crypto currencies have become popular in recent times. it's hard to find the right coin. projects and consultants.
Title: Re: Be careful Post by: mk4 on March 07, 2018, 03:34:13 AM Copy-pasted from https://hackernoon.com/still-effective-crypto-scamming-tactics-891fc3d9792a?gi=9b1dac1e298b
Title: Re: Be careful Post by: Bernardo lewanusa on March 07, 2018, 03:39:46 AM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. It is very difficult to overcome such a thing. Because they also plan with careful preparation. And we just follow their rules only Title: Re: Be careful Post by: endlings on March 07, 2018, 03:46:04 AM Scam ICOs Another “popular” scam method is through fake ICOs. This one usually involves lot more effort — after all scammers have to fake a white paper, setup a fake website and come up with a fake blockchain idea that will change the world. This process also involves paying for ads or hiring people on fiverr — all to make it look authentic. There have also been reports of identity thefts to make the team behind the project look legitimate. One way to really verify the validity of the ICO is to make sure the project makes sense — if it does, chances are that the project could do much better actually executing, than just do a scam exit. This article sheds some light on what blockchain is good for, and what it isn’t. Also, check their whitepaper, their github repos and their background. Title: Re: Be careful Post by: Ponya on March 07, 2018, 03:47:30 AM That is truth. You can ask every scam questions for understanding about project. What do you need to know: white paper, card and soft cap, actual topic of project, for what money, how they built promotion, what the team, what the token.
Title: Re: Be careful Post by: Hecquyn on March 07, 2018, 03:55:48 AM I think there will be ICO scam. It is difficult to know this before joining. Looking forward to receive useful tips.
Title: Re: Be careful Post by: htsz_da12 on March 07, 2018, 04:13:27 AM The cost of issuing an ico is low and low, but it's easy to fool tens of millions of dollars. There are so many of them now, and I hope you'll be careful.
Title: Re: Be careful Post by: marcbitcoins on March 07, 2018, 04:24:10 AM Yes, this is a big problem today, many projects are closed and disappear immediately after the completion of ICO. It is necessary to take some measures at the state level, many people will suffer That is why regulations is very important so that the government could determine which ICO is legit or not and so that the people could possibly avoid these fake and scam ICO. Without regulation, these fraud people will continue to easily convince the innocent people to easily pour their investments in their scam projects and run. Title: Re: Be careful Post by: otundebis on March 07, 2018, 04:28:41 AM I think scam and scam artist is not only peculiar to cryptocurrency or ICO is it were. People tend to become agitated and worried if the money they are spending is going to an unknown person that is why KYC is more appropriate for project's team than investors!
Title: Re: Be careful Post by: xiaoxz on March 07, 2018, 04:32:13 AM There has always been a scam from the very first day ICO appeared, and I think the most important thing is that you should not invest in those very popular projects.
At least invest in those projects, you can see the team's information, and the background of these members can be found. Do not say this project will not give you a profit, at least these kind of project will not run. Title: Re: Be careful Post by: OriginTrain on March 07, 2018, 04:35:39 AM Yeah be very careful with this, a lot of ICOs go to great lengths to disguise a shitty project. These are the ones that moon the most. Look at Credits for example. Went up x5 ICO price without a working alpha as promised.
Title: Re: Be careful Post by: skelethon on March 07, 2018, 05:43:29 AM One has to do some due diligence to find out their nature whether they scam or not. All points to the whitepaper, a well written whitepaper with a good project concept is a good signal. You get to know who and who are behind the project. With a solid team you are sure of a project completion. You really need to be very careful as adviced by the owner of this thread. Of course, that sounds easy on paper but people still get fooled. Though this might be because they're lazy and don't read the white paper. Title: Re: Be careful Post by: Jimmy palumbo on March 07, 2018, 05:47:56 AM There is indeed a lot of fraud ICO project, so you need to carefully distinguish the ICO project, most of the time by gtihub can see their open source code, open source code is the difference between the ICO project is a very good way of fraud.
Title: sorry Post by: mohieddine on March 07, 2018, 10:05:14 AM Sorry I did not know that the source should be mentioned The publications have been deleted |