Bitcoin Forum

After posting this thread https://bitcointalk.org/index.php?topic=882055.0 , many people wanted to know that how do you scammed by someone. It will be helpful for the beginners  ;) and So other can avoid this thing and can save his money from scammers.

So please tell us

1. How do you scammed by someone and how much?

Thanks

Are you wanting people to share their stories of how they've been scammed? And it's pretty easy to avoid: just don't send your money to scammers.

yes i wanted to know how they've been scammed...

 .... how i can find that he is a scammer  ???

Common sense can go a long ways on it.  Does it sound  to good to be true, are they promising a huge return, etc.  Use escrow on trades, especially if low trust or new person you are buying from.

Other things on miners try to use a company with a long history, and also try not to pre-order.

Send your money to them and you'll find out. The key is not risking it. Use an escrow.

Sending money first to noob accounts is a surefire way of getting scammed, using a trusted escrow can minimize the risk but you're still putting trust into someone who could run off with the funds.

The only time I've been scammed was with a hefty chargeback by Paypal, haven't used Ebay / Paypal since.

I haven't been scammed, but here are some general advice to minimize your chance of getting scammed.

1. Stay away from too good to be true trades.
2. Use escrow whenever it is applicable.
3. Keep your bitcoin safely in your own wallet instead of storing it on an exchange or gambling site.

ESCROW LIST:
https://bitcointalk.org/index.php?topic=855778

Always protect yourself!

My trust has been abused once or twice long before Bitcoin making me very vigilant in who I trust these days in all matters of business.

I prefer not to share the story but offer advise that your trust should never be easy to gain.

Good site to avoid getting scammed:

http://btcrow.com/

When in doubt, use a trusted intermediary or middle man.  Bitcoin payments and transactions are irreversible, so no the risks going into a purchase or deal.

if you have substantial coins please put them in cold storage .do not leave them in an exchange or in a hot wallet because malware can steal it

1.) Do your research before pre-ordering any mining equipment.  Or better yet, avoid mining all together.
2.) Avoid HYIP's like the plague (i.e. bitcoin-trader.biz), they are all scams.
3.) Avoid investing in bogus assets on unproven digital asset exchanges
4.) Research, research, research!  Can't emphasize this enough.  If your gut is telling you something is too good to be true, it more than likely is.
5.) If/when purchasing anything from anybody off bitcointalk, always use escrow if person your buying from isn't a highly trusted member of the community (be aware, many long-term accounts have been sold on the open market, so just because somebody is a Hero member doesn't mean they got that way legitimately)

Thankyou dear nwfella for writing here a your experience. it will greatly helpful for all of us

I still don't understand what you're asking.

Are you asking,

1. How do you scam somebody?

2. Where you scammed and how?

3. How can you get scammed?

No.

By sending BTC to a party who does not intent to offer you their services. Use escrow.

how we can use escrows in site thats looking paying first then scam you

i got scammed 10$ reference (https://bitcointalk.org/index.php?topic=819820.0)

u can got scammed if u loan someone if u send fist the money for buy something invest on scam business always try to be safe !

escrow must

Don't make any trade if a new site or a new person insistently asks you to send bitcoin first. If it is an old and trusted site or person, well then it is up to you to say how much you trust it.

There is a site im still working on it depositing money there i know one day it will scam me but still im not able to left that site

Loaning money to people doesn't seem like a very good idea on here. Many people pay back but also many people just scam even it if it's tiny amounts and you will lose money eventually because your profits are so low on the people who do pay back.

Simply leaving coins on exchanges. Many people had a bad surprise with Mintpal a few months ago, and it's far from being the only site to have scammed its clients.

invested 3 bitcoin in hyip
and lost over 10 bitcoins by a hacker from skype :(

Pretty much everyone asking you to send them coins in return for more coins later will turn out to be a scammer. It doesn't matter if their excuse for needing the coins is mining, trading or whatever the next big thing will be.

what happened?

Absolutely stay away from hyip, they will always deceive.

Use escrow no matter what. Scammed 400 USD from "highly trusted" several months back.

yes please tell us what happened.  ???

Bitcoinera was a major scam that many fell for.

When I was new in earning lines I was tipicaly scammed by some one 80$. He said me to send him first then he give me. When I first send him the money he run away and never paid me.

The first rule: Do not invest in suspicious alt-coins

The second rule: Do not send any Bitcoins to someone without using trusted escrow.

Yup you should always use escrow, and you also need to make sure you are really talking to that escrow.
Some people were scammed in the past by sending their bitcoin to the "escrow", without realizing it is an imposter with a very similar user name.

Loaning money is a good idea. Yeah its right but if you do with full member and above. If you are dealing with newnies and junior member then use extreme cution.

Thanks

You could also go on bitcoin lending sites like btcjam, bitbond, and btclendingclub to handle your loans for you. :)

O know btcjam is legit site. I don't know about two other site provided by you whether they are paying or not. Because I had not dealt with these site.

I have not personally tried it, but bitbond was discussed here in this thread.
https://bitcointalk.org/index.php?topic=901412.0

The last guy that replied, stup2plending, testified to have interviewed the owner and says he's legit.

They also have an account here in the forums, albeit still a newbie.
https://bitcointalk.org/index.php?action=profile;u=384308

The btclendingclub, on the other hand, was just suggested by other people on the forum.

But I do agree that btcjam is the most well known of the three, so it would be best to use that.

I also know about btcjam here its a good site. But other two sites are also good. Information provided by you are correct these sites are good

Yeah now I checked about other two sites these are looking good and paying. But rather I would recommend you btcjam its a well known paying site.

Thank you. I'm actually planning to invest in btcjam once I have the funds. :)

Bitbond also looks good though. If more good reviews pop up, I'll consider investing there as well.

As long as you control your own private keys, you will never be scammed by someone else.

Just remember to never trust anyone else even on the forum, unless you really know them

Yea don't trust any one if you don't know him personally because if you don't know some one personally you can not do any thing if he scam you.

Also be careful with cloud mining sites, a lot (if not all) of them are ponzis.

Read up here. :)
https://bitcointalk.org/index.php?topic=878387.0

Yea nice work by you really appreciating.

Thanks for informing us and providing the link

Thanks

All credits should go to Puppet, really.

I was actually scammed by PBMining, which is already listed as a collapsed ponzi in Puppet's guide, late last month before I found this forum. :(

Now I just stay away from cloud mining sites in general.

No problem

That's why I created this thread so that its comes to our knoldge that how some one has been scammed and from which site. So that we can avoid these ways and sites

Anyways thanks

hanks for all info for newbie to prevent himself from scammers

From Mt.Gox.

You can't avoid it if you use online wallets / exchanges but always make sure not to store large amounts on them.

try to invest small of btc
and he run  :D

Hello dear reputable members

Can I really believe on btc-e and coinbase.com to store my btc. Will they not scam me? Need a review by you people

Thanks

I read some reports earlier that coinbase has banned some accounts just because they have transactions to and from gambling sites, but generally speaking the two sites have been working pretty well as of today.

But we can never be sure if they will one day turn rogue. Mtgox was looking good, so as TradeFortress.

Yes he is right . who knows, now these sites are looking good and legit. Who knows when these sites will scam you.

I allready had paranoid tendencies before I got into Bitcoin and I guess that's a good protective layer in Crytpoland.

Well they can run whenever they want too.

But why would/wouldn't they?

Who will share his story :o , I've never got scammed or scammed someone , never ! not even once . Because I simply never go first and if I do I make sure that the member is high trusted and made a lot of trades with High amounts of money before . It's really not that hard to avoid scammers to be honest (at least it's not for me)

But some time some one don't care about this
 Like me first time when I was scammed by some one he is paying me little higher amount then other I traded my amount with him, he has some reputation but not much just one or 2 trades but he scammed me. And fly after taking my all amount.

The point is never sell or trade with those who are paying the more amount then other, and see his reputation, whether he is a reputable member or not. And always use escrow.

Thanks

You can always use an escrow if you're trading with a larger amounts of btc. You can afford to lose 2-3$, but it's a diferent story when there's 50$ involved.

First time i lost 70$ in trading my stellar. And never learned from it and second time i lost 60 $.

Third time it was my biggest mistake and i lost almost 90$ while trading my stellar in a site.

I never get scam  ;D
There a lot of escrow service here.
Scammer can't do anything  ;)

How can I prevent to get scamed?I understand the rules of escrow, ok. But if I want to trade some rare or unpopular coin may I expect that the escrow provider will have his own local wallet to get coins first and then send them to me after my payment?

Maybe this will help…
https://bitcointalk.org/index.php?topic=119896.msg1291483#msg1291483 (https://bitcointalk.org/index.php?topic=119896.msg1291483#msg1291483)
Great info by Tomatocage

I haven't gotten scammed, but I almost did. I saved my ass by just googling the username.
Always back check on other sites such as reddit

thats good way
we must search on google first before sent some money :)

At what point (what transaction value) it makes sense start using escrow?
1$, 10$, 50$....?

best rule to go by: if it seems too good to be true then it probably is.

usually people that loan on here are the ones that talk about being scammed and get scammed. but you can be scammed from your wallet by a virus.

At what price you started loving yiur price lol...

You can use it at any price if you dont want to loose it, it may be 1$ or it can be 100.


Should i said +1 most probably it may be


It may be, but if you use an escrow then you will be safe. Some time you were scamed by ponzi site. So dont go there they always scam you earliar or later.