Bitcoin Forum

There are lots of ICO doing scam. I would like to know the ICO scammers of 2018. According to research, the following are the various types of ICO scams that users should watch out for:

• Malware scams
• Fake exchanges
• Pump and Dump scam
• Fake Bitcoin scam
• Earn Free Bitcoin Scam
• Ponzi schemes

Well I will it is pump and dump, we have witnessed a lot of pump and dump this 2018, most project will enter exchange and the price will go so high and you invest thinking the price moment is for real only to be dumped on, so pump and dump had been the biggest of this year.

The biggest Cryptocurrency scam of 2018 is Fake exchanges scam according to me. We should pay special attention while choosing an exchange as there are many such scams.

In this year investors are facing lots of pump and dump because most of the project connects with exchange and projects face value will go so high but it will not provide the pure scenario of the project.

For me the greatest of these scams are the lending scams: Bitbase, Bitconnect, Ucoincash etc. These scammers made away with millions of dollars of investor money. Same goes for exchange scams.

Well, we need to be very careful regarding this ICO projects. The rate of scams in ICO projects are increasing day by day. Before investing on any project, at first do your own research and then make a decision.

The pump and dump would be the biggest one so far. A lot of people somehow became an easy target, maybe due to the fact that they are new in the market and at the same time, the market was so volatile that the scammers took this as an opportunity.

It is a neck and neck position between the ponzi schemes and the pump and dump. But pump and dump would be one of the biggest scams so far, because a lot of the people, the newbies especially fell prey for it.

Everyone need to avoid scam projects by analyzing whitepaper properly. If everyone able to avoid scam projects then there will be no problem with scam projects. Expert can help to define the way to define a scam project.

The possible biggest ICO scam would be the pump and dump. A lot of people fell for it because they were greedy and did not want to incur a loss. As a result, they believed in the pump, but then the moment they were dumped, it was all gone.

There different kind of scam happened in crypto world. It is a big threat here all the scam are caused harm. A lot of scam happened. It need to be solved soon and as we have to be careful.

I think the biggest fraud experienced is by the ICO, they buy tokens when Presale, PreIco or when the ICO and they are promised the price will be so when entering the exchange but in fact it is not as expected, many tokens fail after the ICO ends and enter the exchange even the price drops far

I guess Ian Galina becomes scam. His shilling strategy goes wrong way. Even projects like chromaway that looks also like a scam don't wanna have relations with Ian..

Talking about biggest scams in 2018,no need to look far, Ponzi schemes were the largest, they were presented as lending coins paying daily from "trading bots". Bitconnect was chief, worth billions of USD at its peak

One of the worst has probably been the symmetry fund, but the thing is that even some ICOs that are not really scams do not deliver anything anyway.

Pump and dump is not really a scam if you ask me. It is rather a way of manipulation and much different from scams. You can easily identify pump and dump cases if you are well aware of the market but in case of other scams there are absolutely no way of identifying them.

its undountedly negetive side when scams are found in any systems or exchange.Crypto market not above this scams.If it happens repetedly new bies or new investor fall in doubt to invest.as example we can show some  some major scams  i.e paragon,SEELE, ONECOIN etc. So i think caefullness is must.

Scams are the worst drawback for crypto  industry this industy will be already adopted oficially by most of the nations by this time if there is not this amount of fraud existed. if we study the statics of last few years the results are shocking, many newcomers & investors are afraid to join beacuse of these scams. if we talk about 2018 ICO scams some names will come first as Paragon, Prodeum, PLEXCOIN, SEELE,ONECOIN and much more.

Though not really a scam but I think people or media that spreads FOMO and FUD should be listed here too since you have listed pump and dump as a scam. People who spread fear among the market and try to make profit for themselves are the worst kind of scammers according to me.

thanks for sharing. this year i face malware scam and this is really radiculas.

as crytomarket is online based currency, there is a huge chance to got scammed. we should always alert about this scam.

Why did you leave out fake ICOs, that take all their investors' money and vanish into thin air? In 2018, fake ICOs have scammed the most and now people are scared to invest in ICOs. The crypto space being unregulated has made it easier for this people to scam the newbies and amateur investors who are not capable of identifying scams.

One of the biggest scam is ETH giving away on Twitter. Scammers are creating fake profiles of popular people and they are trying to scam other people on Twitter.

Well I will it is pump and dump, we have seen a ton of pumps and dump this 2018, most task will enter trade and the cost will go so high and you contribute thinking the value minute is for genuine just to be dumped on, so pump and dump had been the greatest of this current year.

Airdrop and bounty scams are also becoming of a trend.

I don't follow ICOs but when there are scams that are being busted, I'm reading those articles about them.

Yeah there are popular people that are being used for those scams. You need to send them ETH/bitcoin to be eligible to their giveaway but they aren't going to send you anything back. Only people who are greedy will be scammed by those.

I think the Pump and Dump is the main point why people afraid to invest in the cryptocurrencies, the big whale and the fraud team have pump the coins and earn the big money, then dump the coins and do it again, so many people have lost the money and not want to invest in this shit market again.

If there any way to stop scamming and block scammer. If it can then ICO project will be sameless and many investor feel free to invest here. I t will be good for ICO projects and investors.

well it is huge market and lots of incidents happen here so we have to witness this all thing so it hard to mention any specific few so I will suggest you to study the market properly so that you can have the such kinds of informations

There are many scams we saw in 2018. Some of them did some major hampers in the market. I am not gonna judge them but these two projects OneCoin and HoweiCoin have raised some news back in times.

I think from last year we are seeing a huge amount of scam projects. People are really afraid of these scams. Pincoin, Plexcoin and Bitcard would be my first 3 picks as scam projects.

PonziCoin, Benebit, Karbon, Ebitz, etc are some big scams of this year. I think i can give a huge list. We should be very careful about scam projects. Because if we are unaware, they can harm the most.

50% of ICO now a days scammed because they didn't hit the minimum cap so ultimately they scammed :(

There are lots of ICO scams occurred in 2018 but among them the pump and dump scams and the Ponzi schemes are the biggest in my opinion. Others scams are also big but nos as big as them.

I think it is a scam. We should aware the audience about this as much as we can. So that they can avoid the scam. And do not invest your money on it.

You said all the right scams that occurred in 2018 but I think the Ponzi schemes, the pump and dump scam, fake bitcoin scams are the most big among all. People should learn about them so that they can avoid them.

Scams are all bad for the crypto holders. People should be aware of these scams so that they can avoid them. But as you asked for what is the biggest scam in 2018, I would go for pump and dump scam.

Really it's not good for ICO. Because scam projects are increasing gradually and if it's continue then it will be felt very bad efffects on ICO project. Many lose their interest to invest on ICO projects for this scamming.

Well, this is my true story. I can say, Bitpaction exchanges are the biggest scam exchanges.
Very unprofessional and now the site is gone. Many users are lost their money on that site.

The Biggest Scams in 2018 is Envion, all of the Investors got Rekt I hated that ICO so much, but the king of all Scams is Bitconnect because Bitconnect is part of history now and all of the Lending ICO's fall after his downfall, 2018 90% of ICO are scams.

There are many many scams in  ICO we don’t have to look much far. Lets look in the last year some resesarch found that the ammount of scams in ICO is 80 percent . It’s a ve ry shocking news & drawbacks for cryption market these are the factors which is holding back the mrket otherwise it will be adopted by the nations officially.