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Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.

If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust

Scammers are found in every industry that they can see a way to make money. But what's good for this year is that many of the projects that isn't really looking at the future of their own project has been gone earlier. So, the ones that are remaining now are the ones who are seriously working their asses off for the project they have right now.
The market today is more convincing that it's growing on it's own not because of the hype that it has been a couple of years ago.

I think I’m crypto currency; the one thing we need to avoid is the blame game
Crypto currency and blockchain is about decentralization which tells us that we are responsible for our actions

In view of that; everyone should do their own research and avoid any blame game
Investing is your choice to make either gain or rekt.

You can't really avoid scammers. They are found in every aspect of life.

What we have to do is to sensitize people on how to detect scam in the crypto sphere. Honestly, so many ICOs are just scam with people behind them looking to collect millions of USD with no working product. The sooner people realize this, the better for them.

Crypto world will still grow, with or without scammers

that's why scammers must not only be blamed but they must be jailed consider about scammers are always trying to steal money from others use various tricks. but there was a lot of chance for exchange site to protect us by implementing a very strict regulation like what we have see in binance.
That's more than enough to protect us from the scammers especially investors.
But sadly, so many low tier exchange sites are not using strict verification.

In fact, when we are blaming the scammers, they are laughing at all, laughing that they can scam us and get the money freely from their victims. And they will not regret or think of our blame. This is so sad.

As we know and sure, scammers are very difficult to avoid or prevent. They are always growing and coming with their new ways. And mostly, they will always get the victims although it probably decreased because of the carefulness of the investors. So far, there are only some ways to minimize being scammed and we also thankful to the board on this forum offering scam accusation, so we can avoid joining in the project as soon as possible.

We need to be more careful when going to participate in new projects or offerings, deep and careful analysis is very important.

We can't eradicate the existence of scammers especially nowadays that going after them is too difficult. They can disappear anytime they want especially if they are operating anonymously. It is the investor's responsibility to do his homework and no one but the investor is to be blame whenever something goes wrong. If you are blaming those scammers, then I don't know if you can achieve something by that.

If you put it in a whole context, I think scammers are not the only one to blame, maybe we should also blame ourselves for not doing enough to prevent on not becoming a victim of these kinds of deceitful acts though I also think that these experiences will give us valuable lessons to make us more successful in this industry.

I agree with you, because if we are just being careful then we are not going to fall into scam and besides we have to face the consequences of our actions. We need to accept that we are making some mistakes and we have to learn from it. Its really important to have some knowledge because it can help us to make the right decisions for ourselves.

So actually the mistake was made from our own, the scammer does happen a lot anytime and anywhere, but we also have to suspect that and always be aware of what we know.

For this incomplete year alone, various fraudsters and hackers have caused damage to cryptocurrency users in the amount of about $ 4.3 billion. This primarily damages the reputation of cryptocurrency. Only states can effectively combat this evil, and that is, if they fight together. After all, these crimes are very difficult to solve, given the relative anonymity of the cryptocurrency and the possibility of finding fraudsters in any country in the world. Fraudsters and hackers are a very big problem now for cryptocurrency and its users.

Scammers ruined the crypto market, ICO market's reputation. For continuous ICO Scam, last year most of the investors gave up from investing and now the potential ICO market almost-dead! So, scammers, Greedy people are to be blamed.

While this is indeed a great improvement from a free-for-all ICO market where scammers are directly competing with legit projects, IEOs regardless of the platforms they are using are never a guarantee of success. It does not automatically follow that since an IEO is launched on Binance's platform, it will achieve success in the future. Neither is it a guarantee that the project will deliver. Please be reminded that not all IEOs launched in Binance have positive ROIs.

In any online investment, there will always scammers roaming around, especially in an industry that lacks regulation, we are just glad that we have Binance Launchpad, if not for IEO the cryptocurrency crowdfunding is long been dead, investors are ready to invest and like to be an early bird, but the regulation restricts them in finding the right project.

Totally agree with you but sadly there are no ways to completely weed out scammers out of crypto-verse at least not right now. maybe in future, someone will develop something that will help us do that.

How can one be so careful and avoid scammers 100%? its not possible cos one way or the other you will fall victim to scam projects either by investing or by joining fake bounty projects campaigns, scammers are advancing everyday to get enough money on their table, no matter how smart you are you can't avoid scammers totally

Actually, existence of IEO has made it difficult for scammers to move, but reputation of each exchange becomes a major consideration for investors in investing in IEO. Perhaps Binance has a very good reputation now, therefore every IEO project launched on Binance is sold out quickly.

The problem is that it is very difficult for exchanges under Binance to become like Binance, they have certain limitations in their development. IEO project is trusted by investors through exchange platform it launches.


Well it's true that not all IEOs that are launched on Binance will guarantee success. However, Binance has a reputation that is able to restore attractiveness of investors to re-invest, at least crowdfunding is not dead, successful or not, it is a matter of project itself and not binance. Binance provides services and guarantees to avoid scammer projects, not guarantees that project will succeed.

What is done by Binance and several other exchange that host IEO is enough to help investors from frauds under the guise of launching new tokens, but it is not impossible that scammers will continue to try find loopholes in the IEO system so they can again deceive investors, which is why the investors must be keen to see every projec that is there.
Whenever there is an opportunity to get profit from the investment made, take the opportunity to reduce losses from others factors such as price manipulation from the ptoject owner.

This SCAM issue is very annoying. I think we all agree on this. But we have to know that there is limited scope for this. We know that the market is also dominated by the decentralized structure. I am not sure how a way can be followed because in this case intervention, supervision and legal prevention are not possible.

yes scamers are always around us and they will never stop to commit project fraud as long as regulations / criminal acts on the crypto market are not implemented, maybe regulation is a good way to reduce scamers. and I think it's true that scamers are the main culprits to blame, and for users to be more selective before doing anything on the crypto market.

developer works as offering use of option as public audience to gains with benefit of deliverance of works as expecting with returns on exchange, as the ico scheme to brings of supports on funding and gives with more on coverage as developer to complete of tasks of terms with initiation.

No industry is free from scammers. Scams in different forms exist in real life too. You can get scammed trying to buy stuff using your credit card as well. Remember that the world survives with people fooling each other to get money in order to buy their daily bread. But it can only be prevented. There is no magic button that will remove all scam projects. You have to do your own research and use your judgement to decide what may be a scam and what may be a good pick.

It is also true that the lack of regulation makes the crypto sector a risky investment for any investor, in which case I would advice you to stop getting involved in crypto projects and buy only bitcoin for the long term investment.

Scammers will take advantage on the crypto space that has lack of regulation as they know they won't be punish with their scams.

This isn't a place for people who don't have enough knowledge with crypto, basic knowledge is not enough since you are still prone to getting scam, you have to study the market carefully to understand its risk and reward, of course this market is considered a high risk due to scammers and manipulators, so once we know the reality, it's up to us if we are still willing to gamble.

If there's still improvement in regulation, maybe it's time to shift the blame to the government.

Market is evolving, and when it be more matuare, there will be less scams than nnow, but even in stock and bond markets there are scam companies.

Scammers transverse every sector and institutions. Just that it's easier investing in a crypto project in global markets than investing in traditional system start-ups because of regulations. I know of some programmes from South America that are not crypto related that scammed investors millions of dollars. People can saty safe by investing in already established crypto projects and buying IEO from reputable exchange after studying the project team integrity.

Yes, scammers should be to be blamed because they really are the one of the reason why cryptocurrency mass adoption doesn't come. Government on taking cryptocurrency as new payment will be a big risk. Many of the warnings issued by various countries also note the opportunities that cryptocurrencies create for illegal activities, such as money laundering and terrorism.  Some of the countries surveyed go beyond simply warning the public and have expanded their laws on money laundering, counterterrorism, and organized crimes to include cryptocurrency markets, and require banks and other financial institutions that facilitate such markets to conduct all the due diligence requirements imposed under such laws.  For instance, Australia, Canada, and the Isle of Man recently enacted laws to bring cryptocurrency transactions and institutions that facilitate them under the ambit of money laundering and counter-terrorist financing laws.

This is what happens if there is no regulation and every developer can do whatever he wanted without answering to any regulatory body, ICO's are operating in trust, and they are free to break that trust for money and these scammers are getting away, without obligation to authorities.

Binance is a big savior for investors, without Binance there will be no crowdfunding anymore, investors feel safe and secure and Binance makes things easy, they do not have to do an assignment on looking for the right project to invest

We don't want to be cheated, but this is considered a decentralized market and this is a good condition for scammers to cheat many people.
Working here carries a lot of risks, we should really be wary of new ICO projects and carefully analyze them before investing in it.

the only reason the market is like this is because of manipulations happening, we can't blame it to the scammers, the reason they scam so many people is because of less information , being feed to them , and the number one , and we can't deny it is greed , yes greed is the reason there is scammers, there is no easy money , but because someone is weak when they heard 100x return they invest quickly without asking anything , we need to stop being too greedy and always research before getting in to a coin

Scamers always have a way to take dirty action, but most of the old investors already understand what they have to do in investing or keeping money in a safe place. in any industry there are certainly scamers and we are required to always be vigilant with this.

As the technology is increasing and the the crypto market is also growing with the time so the scammers are also getting smarter with the time and yes they are scamming mostly the new bounty  hunters. they offer you some good profit of the their project that id fake and when some one send them the money or any other coin then they just venish in to thin air.

i have just recieved a message from a guy who said that he is the moderator of some exchange and said he can get me profit and will take 35% of the profit. Because i know it was fake i said not interested and he just vanish and cleared all his chats.


so be careful when you send your altcoin or money to anyone.

Apart from phishing scam,wallet and account hacks that is raising rapidly everyday ICO scam have reduced alot compare to 2018, investors have finally get smarter and IEO scam is really not that alarming but only those who knew nothing about IEO from big exchanges fall victim to scam IEO Projects from crap exchangez

No need to blame scammers because in fact it's not their fault why they  can caught new investor time on time. What i mean sometimes we should poke those greedy ppl as well ,wherein always quick jump to their fish net. Because if they are really aware on it probably market now were stable which is no declining and etc because they will start to focus on some legitimate coin in the market . Just my opinion.

Scammers exist everywhere, every field. We cannot eliminate them, we can only prevent and be careful, warn people to avoid signs of fraud and lies.

Partly? no you are wrong by using the 'partly' word, scammers are indeed the ones responsible for the present condition of crypto, bitcoin that is even bullish still find in hard to be some people's choice of digital currency compare to altcoins, if there is some kind of assurance for investors about crypto there will be higher demands

I think for now it is better to focus on educate ourself, and people near us than do something like erase scammers.It is only waste time because bad person will keep coming and they have their own way to make advantage from people's loss. If we already educated, and already make other educated, they wouldn't easily jump into scammers like scam investment or maybe some money game like ponzi scheme.

Scammers will always be there. They will search for a new target so they can get their money. They will convince people, especially new people to follow them and they will act that they are the right person to help them. But the truth is the new people who don't search for more information about what they offer will follow them and give their money without thinking twice.

The scammers will not stop their job to trick as many people as they can because that is their job. They always search for the opportunity to get more and more new people so they can get more money from them. And in the crypto world, they can easy to find new people who will give the money to them, and they will run away from those new people after they got the money. I see that they only need to create a new website with a fresh design, fresh profile image, fresh project which is pretending to be the real project so people will believe them and join with them.

So you need to be careful because you don't know which project is real and not and don't believe if you don't get any information about them.

Scammers will scam. Customers will either fall for them or educate themselves sufficiently to avoid them. The government agencies will be running after them as well. However, since the scammers are not too foolish to just appear as they are, the best defense against them is for us to be extremely careful against their schemes. A little doubt about a project should be enough for us to raise them to the devs. If not promptly and properly addressed and resolved, better hold your precious money and do not invest. Invest only when there is 100% certainty that the project is clean and most probably successful.

Of course, scammers are to blame for all the mess that's happening in the ICO, it's easy for them, all they need is to form a team hire people from Fiverr and the service board to create a project for them, and offer it to investors, if investors is newbie and do not know how to check if the project is legit, he will get scam.

People got afraid on investing in altcoins because of the rampant scams that is happening everyday, scammers are everywhere especially in ICOS. That's why people jump to IEOS because it's more safe and secured, altcoin season will come but we don't know when.

I agree that scammers exist in various industries and in many places but what distinguishes those in the cryptocurrency market is law enforcement. It is difficult to catch and punish scammers in the cryptocurrency market because there is no legal basis from the government and therefore we must always be vigilant so as not to get caught in the scammer's trap

as he said, it would be very good when all markets to do IEO manage and research projects that will do IEO on their markets, such as binance. not only benefit their own market, but also that will make IEO become more popular and even potentially to exceed ICO in 2017.

unfortunately, we cannot stop scammers. there will always be people who want to take profits in that way. however, we need to be smart investors, who invest in the right things. I just hope that in the future, all markets will become like binance, or even better.

Scammers are the cause of the fall of ICO, it stops the rise of the new great project due to lack of investors.
If we had a great 2018 we might be at the top now or BTC price is more than 30,000 USD each.
But lets not just focus on scammers why price is low now, we have now governments who wants to stop cryptocurrency.

Investors and bounty hunters need to watch themselves too, you can't put all the blame on scammers when you are been greedy yourself, learn to pick good projects and you will be scam free, i believe that a solution will arise one day about scammers giving crypto bad name and reputation

Yes scammers is ONE of the causes of the ICO decline, project like Benebit and a lot of them caused a negative outlook towards cryptocurrency and scared off a lot of crypto rookies. As they've lost their assets many of them would hardly ever return to crypto.

There lots of crypto scammers
They make money for create airdrop bot project  on telegram and they request eth...some users trusted to any project and they  buy any shit token.. i lost lots of money because i did trust to any project..don't trust to any project


U can buy any good currency like btc ethereum ltc

U can invest on Counos Coin

I bought COUNOS For hold

That is good for trading..

There is no way to get rid of scammers, with regulation it will only reduce a bit, scammers are always smart just like hackers too, they will always find a way to cheat on new crypto users mostly because they know that newbies can't know it all, newbies are always too eager to make money so that is a big weak point.

As long as there is money involved, there are always scammers involved too. It is normal already in every industry that involves money.

In my opinion, it is not the scammers only who are to blame here but also the investors who are throwing away their money without doing a proper research and they are just investing because they got attracted with the sweet words of the investors. If there are no investors to be scammed, there are no scammers.

This is near impossible to achieve in crypto space, this is online digital currencies we are talking about, its freedom based compared to fiat, we have real life scammers as well that will use their brain to scam you neat, before you realize what happened its already in the past, there is no way to stop scam artists

Actually it is rather difficult to keep scammers away from new investors, because they do not know more and it is easy to be deceived by several bullshit promotions. Some of them even succeeded in making fake projects and creating campaigns to spread their promotions.

If there people who are not so dumb and really fall for this scammers trap, then I don't think we will have scammers around the crypto space. The problem is that there are so many beginners in the crypto verse that scammers can easily get to them and became their victim.


Binance is one example of the leadership that we need today. They have set the bar so high right now specially with their IEO launchpad.

You just can't "erase off" scammers from the internet. There will always be scammers out there. It is just that you have to be careful when surfing the internet. Just be extremely cautious when dealing with anyone or investing on anything. Analyzing a project is also actually a part of your investment. And why are you blaming those scam projects for the low price of the alt coins? You should be blaming those people who encourages those scammers (like through investing on those project even though they know it is going to fail but greed got them good).

Only if I could, I would. I would erase them but even we, cannot. Not only in cryptocurrency but in this world, scammers will always be there to take advantage just for their own benefits even if it means of oppressing someone. It's also one of the reason why people are afraid to engage themselves in crypto, because of the risk and scam. It only put negative impact on crypto, but it's not crypto you should be afraid of. It's the people. We cannot remove them, so the best thing to do is to avoid them. Prevent yourself from getting scammed

as developers to work on distinctive on customs of initial strategy the use to helps as disposing of fails on risks as referring notables on excess to work on evaluation with the modest on limit as entrance on field of stages with compliance.

SCAMMER and ETH platform, these two are the key to why crypto space is failing right now, I agree with you that if we didn’t have anything that has to do with scammer, ICO will still be booming right which we know and all believe that this was the catalytic factor that gave rise to the bull run of 2017 which many investor were all encouraged then, before scammers started to discourage majority of them about ICO and not many of them wants to even hear of it.

Where I blame Ethereum is that Ethereum platform was being known for these ICO production in the past, and they have actually come up with good project, but the moment they notice that scammers have already hijacked their system , I expected that they ought to have stepped up in their game and be like binance.

Scammers are the major problem of todays crypto. In my opinion, if there would be less scam projects in the industry, we would definitely reach the mass adoption much faster. People are afraid to put their money into crypto, because of its bad image.

The fact is that, scammers will go to the field where there is a good money. And that includes crypto industry. And with so many scammed projects related to crypto, investors tend to be vigilant which projects is really worth to invest in. The reputation of ICO projects was ruined by fraud people but let us not forget that there is still sincere projects that are being created and become successful.

People are still afraid to invest but things have change since IEO took over fundraising since the beginning of 2019, people have become less scared of crypto investment since then, thats why we see IEO projects selling out in seconds to minutes on big exchanges

You can find scammers in every sector and cryptocurrency is not an exception. The most infamous financial fraudsters (Bernie Madoff, Matt Jennings, Wendell Jacobson, Joseph Blimline.etc) had no connection with cryptocurrency. But then we need to introspect why the incidence of fraud is so prevalent with the cryptocurrency market. They are not only affecting the popularity and acceptance of the new coins, but they are having a negative impact on the established altcoins and even on Bitcoin.

Scammers recapitulate to be ghosts in the crypto industry.  And they are everywhere. It is challenging to identify them. The principal capital to avoid them is with awareness and accuracy only. The investment industry through ICO continues to slump away because 75% of the projects are scams. ICO era ends with the presence of  Binance IEO launchpad, which is safer and has a positive ROI trace.

People also need to stop being foolish with their money that they worked so hard to earn. Stop thinking you going to earn multiples of your money just because a project said you will. That is unrealistic, how can everyone earn that much? Some must lose for some to win and people need to remember that.

It’s not only tasing money or managing project , it’s also about delivery their goals ! Most project don do this !the reason is that even majority of old staff are still struggling with actulization of the project since many years. Let’s see how things unfold .

This is a crypto dude, here is decentralization and anonymity. In order to apply any measures to scammers, a regulatory framework is needed within which cryptocurrency will operate.
Now there is nothing of the kind, regulation is just beginning to develop, and when it appears to the full extent is unknown.

I agree, scammers are very much in the cryptocurrency , and it is very annoying, and a lot of my friends lost their funds in eth and tokens that stored their tokens on The mew wallet.

I really don't that such regulation could help to eliminate scammers, they have that smart ass and probably they look for any strategies in order to scam people. As we know, some project looks so promising at first but they actually have gone in the long run, and be call as a scam also?

It is not the scammer to be blamed at all, it also our self cause we decided to put our money in a certain project. Nothing has to think that they are a scammer but they will and we are fooled again.

That is the fact. Not pessimistic, but in real life alone for crimes or fraud committed by professionals is quite difficult to reveal, especially in cryptocurrency that is more anonymous. The better the land, the more the fraudsters are interested and try to get the benefit of the beginner or the less thorough. Not much to do other than fortify ourselves with knowledge about adapting in cryptocurrency without giving a huge loss effect, do not be easily fooled into investment offers with the condition of providing some funds and will double in the near future.

Scammers are one of the factors why investors are afraid to invest in ICO. Many scam projects occur because there is no regulation from the government so scammers can freely do the action without fear of being caught in the law. I agree that the exchanger must emulate the Binance strategy in organizing the IEO because with good standards, investor confidence can recover

Scammers exist in every sphere of life and not only in cryptocurrency. You get mugged in a dark alley, scammed on your credit card with false promises and scammed by the pavement beggar who is making a fortune begging. Do you complain about those too?

Not if you know how to prevent being scammed and use your logic instead of your greed/fear/doubt.

MEW needs a lot of precautions to operate. But there are method to secure it, like using the Metamask plugin and storing them in a hardware wallet. Why dont you people use them and be safe?

sadly we cant delete scammers from online world especially cryptocurrency scammers can easily scam somebody online and not get caught because of online thingy the only way to do is be careful to scammers dont trust people online easily

I definitely see the point in where all that happened last 2017 somehow left a bad taste to some of the investors back then who wants to try/already are using crypto. IEO's on big exchanges like Binance are good and all since it provides liquidity and assurance to the investors but there can also be some backfires as it's expensive to get in. There's an evolved IEO (https://stp.network/?utm_source=lx) that lets you buy top coins in the exchanges that are on a private-sales like price, but it's more of a gamble.

So many project did their exit scam and vanished like magic, I wish we can somehow chase them back. Or do we just have to let karma get back at them?

Scammers are those people that know the entire truth about a business and choose to go the wrong way either willingly or unwillingly.
This set of people are like the opposite side of a coin and there is little or nothing we can do about them, some of them even hire celebrities to promote their fake business.

You cannot stop those fools on what they do because they grow old with the scamming habit. If it was me I would have not taken anything from people illegally and feed my children with those dirty money I got from innocent investors. I will rather be contented on the little thing I get on the legal job I do than to steal some big amount of money from people.

Even though I earned a small amount of money, I'll be happy to spend it on anything without worrying for karma which will gonna happen sooner or later. that's the truth of our life is if you do bad, the result of your bad deed will be extremely bad that's because of the curse of the people where you stole your money and when you do some good deed the result is content and secure life.

Of course it's the desire of all those who have been caught in fraud. Track and catch the fraudsters, at least to get back what is valuable. But it is quite difficult, fraudsters are very clever in manipulating and hiding. Not much can be done other than fortifying yourself with a variety of knowledge so it is not easily trapped.

It is difficult to just erase those kind of behavior.
Some just really want to abuse the system and put it in their hands.
But at the same time when done to them, they get more mad than their victim.  ;D

Only way to prevent it is be cool and let them put all their sweet words until you will see it. The truth.
I have done this so many times in telegram and I have also blocked a lot of them.
They come instantly when you join a group.

These fraudsters make the crypto reputation decline and in my opinion, they pride themselves on deceptive work. They will someday experience the same because their deeds of many investors lose money.

Binance is one of the best exchanges, so it is not surprising if the project has a large volume. And scammers also utilize the project by providing hope can incorporate Binance. It is very difficult to avoid because every industry will surely have fraudsters.

But you do not give up because not all scammers can do that. And to date, I may be lucky to be always careful that my money is not lost due to fraud.

Everyone will agree that no one wants scammers to easily get off the hook and get penalized for what they've done. But like what you have said, they are well-driven and have a broader knowledge regarding  these illegal activities that they've planned to create inside the market. Scammers who are not caught are enjoying other people's fruit of labor.

And for the victims of those scams, unfortunately, you have learned the hard way, and at least you will know better next time.

But the fear of karma is no where to be found, it takes time before karma start dealing with bad people and they must have destroy lots of peoples life before karma bounce on them, bad people keeps doing bad because karma don't attack them instantly but i belief that no wrong doers will escape the wrath of karma

There is no way to defect scammers off the internet for good but i belief that once bitten is twice shy, i meant that even if a newbie mistakenly fall victim to scammers he or she will learn, scammers will end up making people more smarter and one day they will be out of business because scamming won't be a new thing anymore

all hope there are no scamers in this industry, but the fact is that most of them are always around us and we don't know the true face of the scamers.

When there's no regulation there will always violators, and the ICO sphere is the easiest way to infiltrate, they feed investors greed for a new profitable project, let's admit it we all want to be a pioneer investor of start-up projects like what happens to early investors of Bitcoin, Ethereum and some other start-up project.
And this is where scammers begin, they create a project, that looks like the next big thing, they create a major hype on it until they get funded and that's the end of it, they are ready to vanish, with investors money.

Scammer never disappointed about what have they did, always doing the same thing to get investor money without care how much they have earn before, always looking new way to earn much money with wrong ways.

The party will start for the scammers when the alt season comes to the crypto industry. After the increase of the HYPE, scammers will take advantage of the HYPE for bringing the other people to the scam projects which prepared for trapping other honest but new investors. Business understanding and social media tricks help the scammers to handle every bad situation, the asked questions by the investors easily, unfortunately.

If if we could find out the face of the scammer, then we could be very easy to punish him, because the name of the scammer would clearly not reveal his real face, because he did a fraud for profit, and things like that are very bad, and very reasonable if we blame the scammers.

sometimes that kids with use of possession with the ideal discipline to helps on work as extending manage to gains with use of returns on excessive and follows to attains on field of absence as preparing with the chance on appealing works on extensive arrange from the table of briefing with the marketing scheme of manage on exhibition.

But today's scammers are also getting smarter and using all means to be able to collect as much funds as possible and are not known by their investors (ie prospective victims). The target is indeed new investors who want to become rich in an instant. Scammers will indeed continue to exist until whenever, If you find a scammer report it in a thread discussing the scammers so that not many are fooled again.

Overall it is not fair to steal the money from someone, but scammer does it without problems. The scammer is always looking for a new way for two-timing investors, to put it another way, they let investors very badly. It might well sound unbelievable, however, there are still some people, who trust them. These people like to repeat the same mistake.

I strongly agree with this action, because scamers are very disturbing for all investors, I know scamers are indeed very difficult to ascertain, but at least there must be very strict and good rules in showing their authenticity identity or they must provide valuable guarantees to carry. Escrow is so trusted that the problem will definitely be solved. This is all just my opinion about scamers.

when regulation comes to the market, it will be more difficult for scammers to go unnoticed. now special services have already learned to track criminals, but in the future, it will be even easier

I agree with what you say because the if there are special regulations governing cryptocurrency at this time it will certainly be able to limit the space for anyone who wants to do scamers, but the most important thing is we must be more vigilant and careful in taking steps in various ways, especially decisions in cryptocurrency investments, so that we do not become victims of the scamer.

  What kind of regulations can stop scammers to scam people? I think you missed one big thing, scammers are
everywhere! Those regulations you mention are the same regulations that are broken many times, by the same
people who created them.
   Bitcoin didn`t scam anyone! It`s already regulated. I think crypto-currencies are regulated better then some
countries!

I think very soon some solution like regulation should be imposed in cryptocurrency  market. This will definitely reduce scam projects to great extent. IEO with renowned exchanges has working well in this direction also. With ICO, there was more possibility to build scam projects and to trap investors into it.
Hope, 2020 will be scam free world.

Well, I think the crypto space is still young thats why we are seeing a lot of malicious individuals and entities constantly tring to trick the system but am show sooner or later with imminent legislations in place the crypto space will be rid of this nefarious individuals and we will finally breathe a sound air ofr relief.

You are correct but this scenario was to be expected, the market of cryptocurrencies is unregulated and it is designed to resist any attempt that governments could made to regulate this market, and somehow we expect that scammers are going to stay away from it when they can easily obtain millions of dollars without doing anything? It was simply not going to happen, besides even if you could eradicate the scammers somehow you will still have many newbie developers releasing their useless projects and creating a bad reputation for altcoins anyway.

Cryptocurrency space always exists a lot of scammers, but we can't eliminate them all. If you are concerned that you invest in a Scam project, then you can invest in IEO projects on popular exchanges. This may limit your risk, but that does not mean that if you invest in IEO, you will be successful and profitable, so any type of investment is always risky.

You can't deny that you can't erase scammers from this world. Good things always filled up by bad people and some people will just use that benefit to scam people same as real life where you can find scam and crimes everywhere. The only way to minimize it, is just be careful for whatever you found.

Well, some projects don't have money to do that and most likely they start from zero and have enough stuff for Binance.

Scammers will always be scammer and they will do anything just to earn from it.
2017 was really a nice for every cryptogoers, suddenly 2018 changed everything.
We who are victims of those scammers has done part of this situation now, if we were smarter before.

Yes, the fraudsters have been, are and will always be. But the cryptocurrency industry will not get better from this fact. After all, reputation is spoiled. And the trust of the investors is lost. It may take many years to restore confidence.

Scammers is the reason why many investors don't want to invest again in ICO , i hope there is a solution for the future about safety investment so we can't be afraid anymore to invest our money because of those scammers.

Right, now it is indeed very difficult to restore cryptocurrency trust in the eyes of the public and in the eyes of investors, because it is all caused by the scammers who have deceived many investors, so it will take a lot of time to restore the cryptocurrency trust that has faded at this time, myself also annoyed by the actions of the scammers in cryptocurrency so far.

even the recent bakkt events have not been able to bring in investors to invest their funds in cryptocurrency. I think there are many investors who are disappointed because of the scammer's actions, even many who have lost capital, so they cannot reinvest. it takes time to restore confidence, so that the price of bitcoin can come back victorious

I don't think that the scammers are only to be blame for this type of activity. I think it is also good if we will blame the people who get scammed by these scammers for not doing their job to do some research first before trusting these kind of scammers. Scammers are now smarter because of this type of technology but it is not an excuse to get left behind, we should also improve our knowledge to avoid scam like this.

but as a rule, we gain knowledge only through experience. if a person has just entered the market and wants to make money in bounty campaigns, you cannot blame him for not understanding which project is a scammer and which one is good

You can find scammers anywhere in your life, currently we have no way to remove them so it is best to be wary. Try to get into the habit of digging in before investing in a project, if all of us are alert, the scammers will not get anyone and they will disappear.

Most of scammers are left this market. If you want to get atleast some money for your startup, you need to invest and convince reputable exchange as Binance or Bittrex that you are worth it.

You can't set standards on the other project and compared it with Binance. It is a monster exchange and very high popular, so obviously  they can really do a well success token sale plus they have a huge trader on their market unlike new projects that pursue ICO on some minor platform or own domain cannot really judge them with it since they are trying to survive their own project. Scammers are obviously the one to blame and its hard yo grasp them nowadays.

Its look like the current regulation is not enough against this successful scammers so better if the government will improve more the existing policies regarding the permit to operate of every project. We may also become more vigilant in selecting a project to avoid of become a victim of scam or we may try joining an IEO instead of ICO as they say that the new platform is proven safe for the investors.

The key to preventing scammers is regulation from the government because with regulations, scammers will get legal punishment. But due to the absence of clear regulations, IEO is indeed a good alternative because the exchanger will verify the developer team or the project being carried out

Research is important before investing so that we are not fooled. Scammers may be blamed but scammers exist because there is no government regulation or clear rules regarding the sale of tokens. Even small exchangers sometimes don't see the project but just want to get a listing fee

I agree, scammers have greatly influenced investor confidence and this is very annoying. But it seems to me it will be difficult to exclude them from cryptocurrency.

It's a shame that the Binance you are applauding has also done the same. One of their last one which is Perlin were a spit in the face of the investors because the devs of the project did not even care to hire market makers to take care of its price.  Binance is a good exchange but I already know that sooner or later that bad projects will be listed on their IEOs and it just really happened.

Not true, the Internet and electronic forms of money have facilitated the work of scammers, most of the money stolen around the world is in the form of electronic money and this is done by hackers stealing the information from their legitimate owners and then they use it to obtain money, does it sound familiar? Scammers in this market do the same and despite all the regulations most of the time hackers get away with their crimes in fiat, so what makes you think that regulations will stop scammers in this market.

People who getting scammed are to be blamed than anyone because they are giving chances for the scammers to make money by their ignorance while choosing a project,don't believe on ICOs as well their project can also turns into scam.

No matter how many scammers are here in crypto space lets keep focusing on selecting good projects i belief that one way or the other we will get paid of our endurance on day, investors are getting more smart and only newbies are falling victims because they don't want to learn but its only a matter of time before scammers will have nothing left to use for deceiving people, they will surely run out of tricks

Yeah.
All money went back to cash instead of just rotating here in the crypto space.
They took want BTC and ETH to be used by buying their tokens and then cashing it out to fiat.
Now, it also hurt the market of both main players and it will be like a domino effect.

But we cannot get it back, all we could do is make some move to pull another investor and teach them to not make the same mistake.

because there is an opportunity they take advantage of. we cannot fully blame a scammer. maybe when we are in their position, we can act the same as they do. we can even do it more cruelly.
let's just say this is part of the paradigm of the crypto market movement. we must stay abreast of and enjoy this process.

I really hope that in the crypto space a concept and concept like Binance has emerged...
This will eliminate fraud by automatically crypto room.

2019 will be much brighter, if there are no scammers 2018 will not be that worst.


This is the chance we are holding for now to get back on good community and market. investors went out due to scam ICO. now we are having IEO, i hope this will get us up and bring the shine again.

We will see the effect of this in the near future. as of now i hope there will be more project to go IEO and be successful.

It will be almost impossible to filter out scammers from legit projects but there are ways. One is to confirm the identity of the people behind the project. Not all pictures of the CEO or the dev team you see are legit. I have a friend that encountered a project that is actually a scam and they used stolen pictures from other legit projects.

I am not going to deny that those that lose their money to scammers share some responsibility since they are not doing their due diligence when sending their money to people that have no idea about how to make a successful project, but you cannot place all the responsibility on the victims, scammers are to blame not only for those specific losses but they are also to blame for the lack of confidence that investors have on new projects and the slow speed in which the market is recovering.

Unfortunately, scammers are everywhere, in every part of our life. And yes, they ruined crypto market. It is so difficult to avoid scam projects, that we fall for the same trick again and again. Can we prevent scam projects? No. Can we totally get rid of them? No. The only thing that we can do is to be as much careful as possible.

Stolen pictures of using stock images of models to show as team members is a common tactic. Because some bounty lovers go for such projects and know some turn scam they might go to check the website and the owners but some pictures they think that all is good and start their bounty spamming, because they are greedy to get paid and not check the team properly.

Fact is that even established team end up with exit scams. Look at the AMBIT mining ICO. The owner Beka has shutdown the site and now posting Instagram stories leaving investors who invested millions of dollars at nothing but dust in their hands.

As previously written, scammers are the main problem of crypto. Investor confidence has greatly diminished thanks to them. The only thing we can do is be more attentive and try not to fall for their tricks.

The blame is a two way game. Blaming scammers sure that is allowed but investors who were scammed should also be blamed. Were you busy looking at the payout alone while you were supposed to also be making research and knowing more about the project you are investing in. Scammers will always be present in our everyday lives and i think it's high time we understand that and always be on the look out

I think IEO in binance has improved the situation of the chaotic crypto world, since the ICO era the scam attacked many investors who ran away and were afraid of the crypto world, but when binance first issued IEO it was very good news for me, if it is true I hope IEO in binance is a role model for the market exchanges to also release IEO with a project that is clearly not fake.

Talking about scammers, I believe their are in every industry and crypto industry wouldn't be an exception. The only thing we can do now is to do our research not to fall victim of such scam, there are some good projects out there with some working product, let's try to find them and not blame anyone.

When so many frauds are happening right now it is the fraudsters who should be responsible for what they do but we have seen that at this time not many fraudsters have been investigated by many people or the police

It's not just the project scammers but individuals lurking to scam everyone else. It's also about demographics and the problem with post-colonial issues. Many in Developing countries that were colonized by Americans and Europeans now have this manifesto going that their entitlement to scam others is because of what was taken from them by their colonial masters. A part of me gets the frustration that many are feeling because of what they inherited economically from these nasty Overlords, but many of these countries have become independent since then and their governments are riddled with corruption and Feudal and Archaic systems run by the Local Rich People, still enslaving a portion of their own populations, which again is causing all the scam rings to occur in Crypto. What we need to do is address the root causes of economic unrest, help people through being self-confident and empowered and also those colonial Overlords should give back what they took, well as much as they can for damages caused to generations of people and then the people wake up and use the blockchain to get rid of local corruption. Then all the scams will most likely be gone as people will be prosperous and healthy in their own countries, enjoying a decent lifestyle, good governance and no one ripping them off for their resources. Look at the miracle of Rwanda for example, how in just one generation Kigali is becoming like the new Singapore of Africa and it is one of the easiest countries now in the world to open a business in. We should all stop thinking of this us and them scenario, and start looking to the blockchain for solutions to the sick Human conditions that plague our planet. We all have to survive on this planet and feed our families, so if we thought of everyone else as our wider family, we would all stop to think and not rip each other off. Whether it's a colonial overlord or a scam ring in crypto.  :)

Strongly agree, we are not required to blame others or anyone, and a good project is clearly out there, but for now it is very difficult to find it, even though we have researched it repeatedly, it is still difficult to find a good project.

Becoming a victim of scammed project start with lack of knowledge, those scammers are always around the corner which is very possible that they can trick investors easily by hiding behind the back of those good funded projects. Investors needs to learn that it will be hard for them to get anyone inside if people do their homework of researching and studying every projects that being offered.

Knowledge is the best prevention to things that you can't handle. Do your research and achieved goals that you wanted to have from this industry.

Detection of scammers nowadays is also sometimes difficult, they always change the way they are able to fool investors into trusting to invest in their products. even though this is very detrimental to those investors who have been deceived by the scammers' actions with products or IEO that are currently trending

it’s hard to find because at the very beginning the project can be very promising, but after several months of work they faced with difficulties and then we already see that the fate of the project is not as incredible as we would like to see

The people who got scammed should blame their selves because of their negligence. They have lack of information and that's why they believe to what the scammers said.

Are you saying you've never get scammed before? not all those who get scammed are to be blame because sometimes your researches and informations won't safe you from falling victim to scam projects, its just that bounty hunters should learn to let go when there is no good bounty project to promote

Scammers are like pests. They damage the ecosystem and make it chaotic. Not only in cryptocurrency, but in almost all potential fields. In cryptocurrency, common scams such as fake investments, fake fundraising, fake airdrops, fake trading signals, some even openly ask for funds. Strangely, there are people who are trapped and willing to spend their money just because of a sweet promise. So it is very important to equip yourself with a variety of effective knowledge to prevent fraud.
Well, IEO on big exchanges like Binance is good enough to restore the confidence of investors who have been trapped by failed ICO.

Campaigns who are turning into scams will really come out of nowhere no matter what year we're at, regardless if it's an ICO, STO, or IEO generation. It's either they'll end up as an exit scam or a dead coin not meeting any of their promises even though they had successful token offering. We can no longer trust word of mouth from famous personalities too, John mcafee endorsed an ICO scam (https://www.coindesk.com/gold-backed-crypto-tokens-promoter-investigated-by-florida-regulators?utm_source=https%3A%2F%2Fwww.coindesk.com%2Fgold-backed-crypto-tokens-promoter-investigated-by-florida-regulators%3Dlx) last 2018 which is now awaiting court decision. That will tell you that you should still do your own research and not rely on news.

Sentiments and news drives a lot of what's happening in crypto and we have to play it smart and minimize our losses as much as we can.

We are all mad and furious about the existence of those scammers, because of them, we end up losing a lot of money and wasting a lot of time. I know they are the one to be blamed, but we also have a part on that regret, we can also be blamed most specially if we carelessly joined or traded with them. Let us keep on hoping that developments would continue to take place so that the scammers would be completely gone and we can invest peaceful without any worries about experiencing fraud.

If you are still investing in ICO then you are part to blame, if people will boycott and stop investing in ICO the better, let's them find a private company to invest in their project and let investor just buy it when it hit the market, so we can see if they are honest and really wants to develop their project.

It is really hard to find a good project nowadays, most of them are scams. There are now only few promising projects that we can find, I keep researching and it is the reason why I keep reading many articles in order for me to find a worthy project.

Indeed. Scammers are the one's to be blame because eveything should be okay in cryptocurrencies if wasn't because of scammers scaring crypto investing and other people who wanted to try to invest in crypto. It is the reason why most ICO projects are not successful and their coins don't have any good value because a lot of investors don't have any interest to join in such projects.

It is true that investors have begun to lose confidence because of a project scam that makes them hesitant to start investing and it will also make it difficult for a project to develop so that people who participate in the project will be affected, if we see that the scammer is to blame because slowly The loss of trust makes investors afraid to start investing and then does not go on with projects that affect the people who participate in them.

Yes, a scam project kills all future projects. All images are clearly depicted as part of the negativity. What must be realized is that there are still many bounty hunters who promote them on the grounds that 'if they are not tried, they will not know the results'. I think this is still a small reason. But most people have started to be smart to distinguish which projects are scams and which are legit projects. We take the positives, with the existence of scammers, the community becomes more mature in understanding the world of crypto itself. But still, always be careful.

This is a sad reality which we cannot control as scammers are everywhere, they don't have any conscience at all, all they want to do is to scam people, they don't care if they money they are feeding their family/kids are came from bad intention, they don't care about karma or the consequence that they are doing, all they care is they wanted to have a lot of money.

Money had already controlled their mind, they are living to scam other people.
They scam just to survive, they tend to do illegal things just to provide their needs and wants. No more conscience remains in their humanity. They chose to become like that for the sake of money.

They are always keep up of what is trend, not only in ICO as long as they know where they can earn money they will make many scam project.

  My guess those scam  project is from hyip ponzi scheme before just switch in ICO.
 Since they know they cant earn with ponzi that anymore so they decided to switch to ICO trend .

Scammers are everywhere not just in crypto space and i think that its very hard to shutdown them because they always find a new trick to deceive people but avoiding them is possible. investors must learn how to spot a scam project by doing their own research, they should get smarter just like the fraudster to avoid losing their money.

Fraudulent projects will continue to exist in the middle of the crypto market, they look legitimate at the start and soon they will be destroyed in the market. That makes it very difficult for investors to distinguish between legitimate ICO/ IEO and illegitimate ones. To be an ICO/ IEO investor, then I think it's not enough for someone to only have funds as capital, but the knowledge in analysis must also be there.

Scammers and the media are the ones who are giving bitcoin a bad name to the public. Whenever a scammer scammed someone and reports it to police the name bitcoin is the one to blame even though there are scammers behind, they are binding bitcoin to scammer because it is what they are being reported by the people and the media.

Yes there are many ways to scam people. Of course they are using the moment of crypto awakening itself. They are too complacent with the pleasures of others.
Therefore the community or members here must be smarter in choosing projects by conducting a series of studies. They can scam you is not only by the chance but also a fool who promotes them.

It's really difficult to avoid scam projects nowadays because no matter how hard you become vigilant but still some project become scam in the end like the Centra Technology project in which it was endorsed by trusted person Floyd Mayweather and successfully unlocked the token in the exchange but still it became scam in the end therefore it is not right that you will blame investors of becoming victim of scams but blame the government because it's looks like their existing regulations are useless to prevent the scammers of joining the crypto market.

We should know what we are doing at the first place. We should double think if we find a project offering high returns in just short time of period. Scammers are so smart that they can sales talk many newbies.

That's why we should guide many newbies to crypto should not be too fast to trusting someone moreover thre're offering very fast return of investment.
Crypto is not regulated so it's hard to catch the scammer and make new scammers born everyday.

in my opinion the biggest problem in cryptocurrency now is scammers. they always have ways to commit fraud and we cannot avoid this because there are no institutions that can punish these scammers. and this is one of the risks we must face when entering the crypto market. but lately there is good news about IEO hopefully this will be a good solution. IEO provides a sense of security for investors.

Anonymity and freedom of transaction are advantages in blockchain and cryptocurrency technology. In this case maybe think of a regulation or change in the blockchain system, where the system destroys fraud might be better. I myself know that there will be a gap to cheat in freedom of transaction, but at least the fraudster will find difficulties. Regulations on the blockchain also oppose the benefits of this technology.

It is not possible to completely weed out the scammers, due to the digital nature of the cryptocurrency. It is upto the investors to chose their projects wisely. A lot of suggestions have been put forward, but none of them have been 100% effective. Even now users get scammed by these criminals. The ICO sector is undergoing a slowdown, but the scams are not abating. The infamous PLUS token scam conned many tens of thousands this year and made off with close to $3 billion in funds.

With the vast growth of the market, the amount of scammers has also increased and this is all because of the greed that people have. Scammers want instant money and want to earn a huge amount just in seconds thus they target the newbies with their falsified projects and schemes thereby fooling them in order to fill up their own pocket. So, it is quite important to be smart for survival in this market or else you would end up in losing all your money to these...

What actually is needed in this crypto space is trust, a good team, innovative idea and technology. If a crypto project is trusted, has a good team and innovative idea, investors will flow their investment into cryptocurrency. But sadly, the market also has lots of scam projects always on the lookout to scam people. Authorities should take steps to control and discourage scam projects through various means available to make the crypto world trusted. 

The potential and the ability to make huge profit fromm crypto has attracted scammers. They know that a lot of people will be interested in such venture, which is why they try to take advantage of such, scam those who are into it, most especially the newbies, who know close to nothing. Even if we feel we should put the game on scammers, we also need to be very careful.

Scammer always make the same fault with scam many investor not only with ICO investment but also by IEO, they make fantastic promised for investor where giving many profit after coin listing, but when coin success with selling they listed coin with bad exchange market, have lower price and never buy back to push altcoin back higher price than ICO, just make business by scammer with IEO and ICOs project.

Due to many scams that have occurred in ico, it has increasingly made investors reluctant to invest in the ico project and of course this has made crypto development increasingly hampered, we can see how now the ico projects are really real and have good concepts but are quiet from the interests of investors and of course this is a result of the actions of scammers, so that, investors began to be reluctant in investing in crypto, and in this case the scammer deserves to be blamed ..!

Investors believe in IEO like Binance because it already has the legality and a real team. Different from the lively ico there is a good one and some are deceiving. They seemed to manipulate the team so that in case of fraud they were not sought. Altcoins will be hard to climb because of that, it is hard at minimalizing nowadays.
So investors now prefer the more secure IEO than the risk of fraud.

I like your last line, "IEO provides a sense of security for investors". This is true, but scammers still take advantage of IEOs on exchanges without reputation, to scam gullible investors. We all just have to be very careful, don't get excited with IEO without doing proper due diligence to avoid regrets. Regulations can only reduce scammers but definitely can't eradicate them completely from crypto space.

It is the main reason why most ICOs failed after numbers of ICO scammed a lot of investors, crypto had been tainted with a bad image as a scam. A lot of scam developers created a scam project since conducting an ICO is not that strict and they don't have to comply with any requirement, just a good team, a plagiarized white paper and good marketing strategy.

We cannot actually clear those people off easily. There are lots of scammers here, we can recognize them by the steps they do and we can also eliminate them by reporting them into the administrator/manager. But in terms of wiping them out, I don't really think we can do that. I believe that they are to blame for making the community worst, they are taking advantage of other people just to earn money. That is not fair. We are here to earn and to support crypto but I think the only way we should do is be careful of every step we take. And we should not trust anyone. You should be alert because your money is involved.

Unfortunately, there are more scammers becoming, and they are becoming smarter and more cunning. In pursuit of big money, they are ready to spend time to invent new loopholes and deceive newcomers and gullible investors. Therefore, it is important to be careful and check everything a hundred times so as not to feed an another deceivers.

It is certainly true that the crypto world has attracted many scammers, and that this has made it a fragile and insecure market.
I think that most projects, however, did not fail because of bad faith, but simply because of incompetence: many people believed they could get rich, but they didn't realize how difficult it is to manage such a project.

This is for sure that no one of us likes scammers and indeed they are a big trouble for honest investors. Moreover, the number of such fraudulent is also increasing with the passage of time. I think it is best to not go for the new coins and stick with bitcoin or good altcoins that have proved their capabilities and reliability. Scammers are not a problem of digital world only.

very often people forget about simple safety rules and this becomes the main reason why scammers manage to do their job.

Scammers are important to blame because  they are the one who take advantage of New investors  so better make research and then join any site to make investment. So instead of blaming other better to be careful about yourself as it is useless to cry over spot milk it’s good to be careful keep your eyes open while investing and avoid scamming sites.

there is no one to blame .. i can even argue that Scammers are the ones who drive the adoption
and a lot of people made money from these scams just by investing in it, without being envolved
if scammers dont make hype, there would be much less people in this space
everything is just how it should be
every market has its scammers believe me institutions are the biggest scammers

Even crypto regulations are already implemented, we can't still wipe-out these scamming activities. Not only regulations could help to minimize that scam but it is our individual detection on such activities. Many people get scammed cause they just let it happen with them. Cause if they are aware of what the people say's and also they know how to point scam projects, it absolutely scammers never succeed.

yes, your opinion is very good. indeed it is very difficult to eliminate fraudsters from the current ico project. in my opinion the scammer will always be in the newly emerging ico, because the fraudsters are looking for income from the job. maybe they get a lot of benefits from work like that. I totally agree with you if there are many people who tell and show scam projects. maybe in that way, will reduce the level of fraud that occurs.

Must be followed up because fraud is very detrimental to many people and must really be applied with criminal law.
I strongly agree with that idea to provide a deterrent effect for those who want to become a con artist in cryptocurrency

When the bait is obvious, never take it. The whole reason behind scammers giving good offers is to attract investors and make them give away their money. Whenever the reward is extraordinary sweet, just skip it. In my opinion, it is not scammers but the person who is scammed to be blame as he must be smart enough to not get caught into such tricks. Choose the best options like bitcoin or ethereum.

Like the too good to be true explanations and returns, don't bite it and don't fall for the trap. Those coins that you've said are the best coins to invest, these scammers will eventually realize that when most of the investors are aware of their existence and they can no longer fool the majority, they will try harder or just leave us alone but as long as there are soft investors that are biting those baits and always think about too big rewards, they will look for a way to continue.

It's all about lying falling to this sweet promises will turned to sucking all your investment. Never to fall or believe in any kind of those promises.

You need to work with good knowledge and understand the reason why you will going to invest your money. Many people fall because of lack of information
with project and just dive in without understanding.

Lot of juicy and extraordinary bonuses are some the bait used as a trap to scam unsuspecting investors of course many investors wanted huge profits from a substantial investment thus falls to scammers crypto ecosystem is not regulated thus requires cautions I can never fall for those cheap bait based on my knowledge in the system I will rather prefer investing in reputable and trusted cryptos such as bitcoin, ethereum and litecoin and hodl to avoid any touching stories of scam.

We should blame all lazy users who did not gain info's about the project of scammers? For me, Yes. if they still there scammers will continue what they doing and they dont mind whether who is the victim. as long as there are investors who invest in them. we can't help them as long as they can't help their selves. they should learn proper way to not loss their own funds. no one can bring to them back of what they lost.

Scams can occur because there is an intention from the developer team and investor ignorance. Investors should be more observant and careful in choosing a project and I think this is a common mistake because there is no clear regulation on ICO or fundraising for new projects.

scammers are definitely a large issue for the crypto world, and they have hit so hard in the past that at this point it is difficult to gather trust
But I think this is a natural process that is part of any tech revolution... the ones that are savy taking advantage of the ones that ignore...
I think scammers will tend to decline when more and more people join crypto space and start to learn about stuff... it will get more and more difficult to scam...
binance has managed to hold a very good reputation and it is using it ;)

Scammers took cryptocurrency as another way to earn on their own illegal actions. The fact is, we can't eliminate them because, in every industry, where there is money involved, there will always be scammers. Since we can't erase them in the crypto world, we just have to avoid and get rid of them. We should do a series of research first upon joining or investing. We should be observant and if there's something to doubt about, we have to check their legitimacy.

We have different opinion regarding this. I think scammers learnt that it is gonna be easier to put up their knowledge into something that will easily earned money. Though the process isn't very clean at all. Also I have thus theory that those being scammed before is now learning the way of scamming other's due to their horrible experience. Instead of learning in good ways, they have been subjected to vengeance and worst doing this stuff.

The stuff is getting more uglier than I ever taught, regardless of how tiny the crime is once you have been unfair and treated people against their right is enough to call it out as scam. Many peeps on the internet have taken advantage of weak individuals on the internet and override them with funny taughts and get them to bed with their ideas

Intention for what? Scammers are not just about the team and developers, have you experienced with some ico groups on the telegram? there was a lot of scammers will be contacting you when you are doing a report or looking for a solution to your problem.
The developer is responsible to give more and more awareness about that. People these days are smart enough to identify the scammer.

The scammers must be put in jailed and before we can do that we must have some people who are able to control the cyber world or the cyber space for us to track down those scammers and hackers so that they will be paid of what they steal on the people who are working for their good income. Also if we want to not experience those kind of scamming we must be really careful on what we are entering and doing so that the scammers will not have  a chance to scam us. If we got scammed we should blame ourselves too for not being careful.

maybe at this time we have to fight the scammers, crypto reputation has deteriorated this year because scammers are increasingly rampant and novice investors are victims, it's really sad. We cannot blame scammers completely, we as bounty hunters also have wrongly advertised projects that are not true / scammers and their victims are novice investors.

_______
I hope, maybe another day there is a movement to fight the scammers.

It's hard to fight someone we don't know or even to locate. The only thing we could do now is to avoid scammers. If we could ever avoid them, then we can at least minimize their actions and their victims. We should start to spend more time on investigating a project to at least help other bounty hunters not to become a victim of scam again.

Scammers do make cryptocurrency worse in the eyes of the world. There is no effective way to eradicate these scammers, they are
every where. All we can do is avoid these scammers more carefully in the selection of projects that we want to participate in,
so we will know which projects are real or fake. But most people are too lazy to investigate the projects that will be followed.
So like to fall into the trap of scammers, if that's the case you will lose both from energy, time and even money. So always be
vigilant in everything  to avoid scammers.

regulation are not affected for new project, as i know some project have a licensed from local goverment for running service under the regulation but still ended with scam, and investor money are stolen

They continue to innovate in fraud because they can follow the trends that exist in cryptocurrency and there is a gap to be able to make it. as is the case recently, IEO. They easily make fictitious projects and make payments to exchange to launch IEO. and after that it can be guessed that the concept they previously offered was only fictitious. there must be supervision from all parties. especially exchanges that are in the spotlight because they play a role and must be responsible

We have the power to choose always, we should know what to do, what to invest, when to invest, it's okay to take risk in investing, but what's not good was that most people were taking risk without any further investigation, they don't even know who were the team, the platform, their vision and anything that we must first know before we invest our money.

Yes, that's right, friend. it's hard to fight scammers, especially those at the god level, various new ways and efforts to find the next victim and it's all hard to avoid if we have greedy traits. I think at least for now investors and bounty hunters work together to analyze which projects are really real.

I feel sorry for the investors, especially the beginner he became a victim and part of his property was taken by people who are not responsible. if only being a bounty hunter is not really a problem for me, it's just a waste of time.

In your own words you confirm that most often the investors themselves are to blame who give money to scammers in an attempt to earn. The desire to get a quick profit and naivety these are the main drawbacks of the investor.

We cannot fully erase scammers in this industry or anywhere, we just can't and they just won't stop. They will still continue to do cybercrimes and scams to earn and whatever we will do to counter their attacks they'll just come up with new ideas to continue their activities. The growing rate of victims of scams are what taking investors into thinking twice whether to trust or not to, so for us to help rebuild the trust, we shouldn't contribute to the fast growing rate of victims by not being victimized by scams.

So I think instead of blaming them we should try to control our own greed and if they show us fake green garden we get trapped and we give them chance to scam us. Before trusting new people just make research and involve only well known sites to trade or invest with pre care will help us abstain blaming other people and projects..

   How to explain to people to not be greedy? It`s impossible! It`s done so many times, there are so many warnings and still
people are making the same mistakes.
   Let`s not pay attention on that. I don`t have any other answer. We need to take care for us, what others do is their own
decision! We can`t really blame anyone!

Scammers alone ain't to be blamed. Quest for quick cash without proper scrutiny led us all here. If we questioned ICOs when it started we won't be here today but we all rushed and took part in it here we are currently.

Scammers are everywhere, not only in crypto world, so we all should be careful of any "great" project and do more researches before making investment decisions.

ICO trend is gone now, that's obvious. Don't know how about IEO by the way - it's not so easy to win there nowadays. Hope this hype is not over and will rise again when the good old bull market comes.

Would there a possible solutions for this? It's like a virus that became a contagious disease of the entire crypto community nowadays. This must be stopped or suppress to minimum, because they're hindering our future which supposed to concur. Lost of money, stolen privacy is our main concern here, and because of these cryber thieves whose the scammers many potential adopters avoided any transactions related to crypto, in which demoralized crypto image.

That is right, people are making the issue of scamming in cryptocurrency so big like this is the first time we will be having scammers in the world, and like you said, scammers are in every system, but there is always a way to actually deal with them which those other system that has the presence of scammers are being handled easily.

Cryptocurrency is a new system and gradually, as we grow in the system, we will be having series of ways to deal with the scam of which we are having some ways already, and one of the ways is just to do research in the project very well, and be sure that the project actually meets up to standard and that the project who should be an already established project should work according to what the developers have written in their whitepaper document concerning the project.

Putting blames on scammers at all times will not change anything, rather we ourselves should work on changing the ways we do things, so that we do not fall victim of them again. We also need to continually learn new things as they unfold, because these "people" are also devising new means of scamming their victims, most especially when it comes to investments.

if investors no longer believe in new projects, then it is enough with old projects that are still proven to be still in good standing even though the bear market has indeed changed the situation for the worse, this is a common occurrence and scammers have indeed become one of the causes for the crypto market get a more significant increase

To revert it, there is no scamming happens if we never let that to happen us. They continue doing such a foolish thing cause the know that there still a lot of people can be their victims. Though we have a lot of awareness spread out, people never think it instead, they just ignore this. If we could find it whos gonna be blame, it definitely our self not those scammers. We are the one who controlled our self, our decision, and not them(scammers)

Scamers can occur not only because of the intention of the culprit, but also because there is an opportunity!
do not turn on scamers if we are alone who are negligent and easily influenced by the lure that is not possible in the crypto world.
it should be more logical to avoid the fraud that circulates a lot in the crypto world.

The crypto market has suffered a lot due to the scam projects. Certainly, it has caused a lot of damage to investors. So now investors are afraid to invest money in new projects. Good projects are also struggling in this cycle because now investors do not believe too soon. I can say until trust is built in the minds of investors for the crypto market, then we cannot expect much improvement in the market.

I couldn't have put it better. Scammers are the bane of the crypto community. Investors are more afraid of scammers than hackers because they do not know who to trust and it is affecting the influx of new money to crypto.

The ICO was good at running many people rich because of this especially in investment and bounty hunting, and because scammers ruined the name of other ICOs with real intent to help further crypto growth through their innovative ideas. . So now the bounty campaign and the ICO campaign are hard to trust and I think they will eventually disappear.

To remove the scammer itself for the time being it really cannot be eliminated and what we can do as investors is to observe by comparing the scam projects that we have participated in with the projects that we will follow later, see how the project, is it possible to turn into a scam or not and we do what we are doing now only blame the scammer will be endless, what we have to think about right now is how to look for opportunities in the current market situation to still be able to make a profit.

The market always has its rules, IEO is just a business model to bring a little attraction to the market. It brings cash flow back to the market but is only a flash, not really long-term value. I feel that pump and dump games have become less attractive. Centralized exchanges need measures to avoid exchange rate manipulation, measures to make cryptocurrency trading healthier.

Although scammers in every field, but scammers spread a lot in the world of cryptocurrency and the reason is that the world of cryptocurrency is not central and anyone can hide and there is no authority that can recognize you inside it, No one can erase scammers, but by spreading awareness to people, we protect many new investors and bounty hunters from falling victims to this scam, I think we need many platforms like Binance that have a good reputation for helping crypto field and new projects get investors to trust them again.

Scammers is always found mate. Scammers is up because of newbie imvestor that looking for good profit in short time. If we clever enough, we can avoid scammers by research. Without research scammers can do bad thing easily

That's why the exchange is of genuine interest to investors.There are actually a lot of investors, but as you correctly said, they do not have confidence, or it just disappeared.So IEO on top exchanges will live a long time.

There is a clear way to prevent fraud. Regulation of the market. Extreme volatility should be avoided. This will reduce the likelihood of fraud. Whales shouldn't be able to play with the market so easily. This will have other consequences. Major damages can be avoided. And it is blocked in large snow.

Totally true. Due to the fact that there are many scammers within the crypto community, new investors who want to try their luck have been victimized, and as a result, it causes trauma and building trust issues which results to another problem that whenever they hear of ICO or something related to that, what comes first into their mind is the fear of being scammed once again so we are losing the privilege and opportunity to gain potential investors that can contribute to the growth of the crypto community. It is really hard to determine a scam at first because they look like promising and really catchy for the eye that is why they are gaining attention from potential investors that it is why it is real hard to avoid them specially if you are new into crypto investment. But admit it or not, due to various cases of scam, it costs too much because potential investors are backing out because of those incidents.

Right now there is no way to wipe off scammers in crypto space and i don't think there will be any solution to it soon, its better to be more vigilante when dealing with new projects, almost all old projects are good and i think they are best safer choice, rely on your research for now and hopefully there will be better regulation soon

The problem of fraud exists at all times and in all areas of life. The field of cryptocurrencies is a completely new area that does not yet have strict regulation by the states, and this gives more freedom for fraudulent activity. The good news is that this year the number of such unscrupulous projects has greatly decreased and there is hope that investors will return to the crypto sphere.

BNB is an overhyped coin, and what do you think would happen to it or any ieo if the exchange went out of business or somehow lost trust?  Do you realize how many exchanges have either scammed their customers or gotten hacked to the point where they couldn't continue to do business?  There are lots of them, which is why I'm not buying into the ieo hype and am not investing in coins like bnb.

There are probably multiple scammers posting right here in this thread, that's how ubiquitous they are in crypto.  I would agree that they're to blame for the ico market crashing, and in my opinion it couldn't have happened too soon.  There aren't any projects worthy of investment even if they aren't scams to begin with. 

In principle, most investors have already switched to IEO on Binance.Still, the chances of getting to the scammers much less.

scammers might be fewer if IEO is on a large exchange but what is detrimental to investors is not only the scammer but the project that cannot develop. so we also have to look at the concept part of the project, because safeguards have been resolved, only the concepts that need to be elevated are higher for the concepts

Undoubtedly the scammers are execrable characters, and must be punished and eliminated.
But it is also true that the victims have their share of guilt in believing in impossible and unverifiable promises.

Scammers do not scare off new investors. Any smart person understands that investing in cryptocurrencies is very profitable and even in such a turbulent time it is quite possible to earn.

The person becomes a scammer because they can't do their way while making things and are desperate to go on and they think to bring the run of money people to get rich quickly instantly without thinking of the future impact of what He has done. Still, the next year will be difficult to stop the scammer if we can not distinguish themselves and anticipate not to get stuck on them. More heart-hearted in the next year.

Crypto attracts all kinds of scammers from the very beginning because the whole industry is in principle bullish. Every new participant, packed with enthusiasm for the latest and groundbreaking technology that is the blockchain, is wide-eyed unaware of the shenanigans which are actually present in everything that concerns money.

indeed all of this must be started from personal training to be wiser to become an investor. so the scam project will automatically disappear because they don't get investors, and they don't get the money they expect. especially for new investors to learn more before deciding to invest in a project

very difficult to trace it from the beginning. for example they make a team and plan projects carefully. what they did was right at the start and investors were also interested. after that the tokens they launched did not meet expectations and below the price, even worse they did not launch tokens to the market exchange. they do it for personal gain, so the funds obtained from crowdfunding can fully go into their management allocation without thinking about investors or bounty hunters, and indeed they deserve to be blamed.

We should analyze the project better and don't let any scam projects could make us trapped by their ads. I'm sure if investors are smarter , scammers will dissapear by time because they have no chance to scam. As an investors we should not trapped by quick profits but ended scam because the ponzi scheme

Its not entirely scammers fault because if there's no investors that will buy their too good to be true offer then no one will become a victim.

Investing is risky and its our decision whether to join or not, its up to us if we believe we can gain money through it.

As you said we cannot avoid scammers, there will always be people who look for opportunities from the opportunities available, there will always be people who want to get huge profits at the expense of others. What we can do is to be more careful in choosing every project we will participate in, there is no need to rush and if we ever get a scam project, at least we can make it a comparison with new projects that we will participate in.

I agree scammers are always a problem. In every industry, not just crypto. But what to do to stop them? they will always scam people.

In my opinion, the best thing to do is to educate people and give them knowledge to recognize scammers and false projects.

In order to take part in the IEO for a binance you need to have a sufficiently large number of BNB, for example, you can take 20 tickets with 1000 BNB, and from them there can be 3-5 winning ones. Not so easy to make a profit with IEO.

Scammer is everywhere. Even in reallife there is a scammer that causes trust issues. We can only blame and blame the scammers because of what they do in the crypto now. Because before the investor only chooses what is the best but now chooses what is not a scam. The only thing we can do is help and report if there is wrong with a program. And let the the admin or the person having power to fix and investigate.

Whatever help that anyone can give to avoid those scammers will be much consider inside this industry, scammers loves playing their tactics if people
around will be concern to each and everyone any act of scammers that being recognized should be shared and exposed to give avoidance to new peps
around this industry. Sharing information as it will help everyone to succeed and it will lessen the chance of scammers to manipulates the business.

Everyone in crypto already taste scammed. I think we should thank to scammer because of them we can be more careful. They are in every where even in real life. But i hope there is a regulation that can protect us.

That's right, it seems that the scammers give us a little caution to scrutinize and choose projects that have good profits and a little risk of scams. Although not clean overall.

That's just ridiculous to thank scammer for scamming us and it doesn't matter how much scammer around there'll always some people that got trapped into that kind of scam and to actually thank scammer for that is simply selfish and unjustified.
These scammers usually just taking advantage of old people or people who are tech illiterate and such thing won't make them become careful because they have no idea about tech to begin with.

Crypto is new so i expected lots of scammers especially since 2017 shows how much one can make from crypto and the tech became a target, the only thing left that can change this is strict regulation hopefully we will see one soon

That is inevitable. We can find any scammers in any form of businesses or whatever things they can get money from. The only thing we can do to avoid being scammed is be alert, inquisitive, have proper knowledge about the projects that we are going to partake in. Aside from scammers, I can say also those dumpers who do not value the real essence of the project which make it market volatile.

Whether we are victim  of scam or those scammers, still we have the power not to be victim of scam, and we choose not to avoid this by not being careful with our own actions, so everyone of us to be blame with this as we let those scammers take us for granted, if we have been vigilant enough I don't think that we will end up this way that especially now that ICO is dead.

Yeah, this is true that crypto gives us so much to earn and it helps to make money instantly if the market is suitable for it. We should not be in a hurry to earn money a better to make research and find a good project first then it will be good to invest your money. As much I know scamming is all around us but we just need to be careful.

You are right but scammers can't be erased, they can be found in every industry. The only thing is for us to be careful because their aim is to destroy what ever they lay their hands on

You are definitely right. Cryptocurrency has no regulation at all that makes it open for abuse. That is why scammers can easily scammed people without worrying for a penalty. Eventhough some were against that Crytocurrency will be regulated, we need to think about it.

Yea, the IEO market was good for a while but it has slowed down considerably lately, you have to consider the fact that the Cryptocurrency market is very volatile and anything could happen in a red market, for example recently, one of the Binance IEOs called MATIC dipped over -60% suddenly and it had nothing to do with the scammers, infact Binance investigated it and said it had nothing to do with the team, it was just a scared big trader who dumped and it started a domino effect, scammers has done a lot of damage no doubt, but sometimes the bear market is even more dangerous to the growth of Cryptocurrencies.

You might find there are less scams now as investors turn their attention away from the scammy ICO space to the more trustworthy IEO crowdfunding model, but if you're going to invest into these ensure you choose ones from the best performing launchpads only and don't bother with any of the smaller exchange launches as these usually won't involve quality startups with long term viability and an innovative product

Not everyone. I have been scammed before and agree most people have been at some point or other. But not everyone. I know one guy who only did Bitcoin,,, he never join a single ICO in his life and just never even buy altcoins. The only alts he has were given to him,,, but he did not ever spend a single cent because he believes alts are all scams once they passed 2016. He is probably right!

Most crypto are decentralized so what ever action you take is all on you, the decentralized freedom is why we are here and that is why many scammers walk free in crypto space, accept this fact and avoid getting scammed by all means

with a decentralized system that can do security is ourselves, we really cannot expect much on a security system. all the things in crypto are set by you, your ability to use one of the goals here is to avoid the deception that so far is still found

It is included in the risk that you are taking when you first entered the crypto world, indeed being secured in the crypto world isn't 100% job of the security system that you can found on the internet  because it is all on you, so exerting time and effort on doing research about the projects you are interested can lessen the chance of you being scammed and losing money. Our place isn't a secure place, scammers and hackers lurks the internet so having a skill of being able to analyze things in the internet is a must.

Crypto is new?????? It's not even new when it has been exist since more than a decade.

If that would happen in the future than there is no point of decentralization of crypto because that is the main point of crypto for being decentralize. No one can actually regulate this.

Definitely true.

This is a cryptocurrency market, it is relatively free due to the fact that it is detailed. Any fool can create any coin on it, a wise guy can create his own scam ecosystem and deceive people.
It looks like a free market without regulation. If there were no scam, then regulators would not be needed, and yet they are now so stubbornly stepping on the heels of the crypto market.
Let's face it, Scam is bad, of course, however, as scam and the fraudulent schemes that people fall into, make us and the market develop.

we really have to prepare ourselves because there is no guarantee in crypto. fraud is free here so we really have to be able to distinguish which is the original project and a scammer, if we can't distinguish then our funds will be threatened

Cryptocurrency is building on our trust and security because we saw it secure so we trust and invest. We invested our money in cryptocurrency when we didn't think about scam project. This could be done by one day because now we worried about scam projects.

Scammers, investors, just everyone involved in cryptocurrency is to be blamed for anything happening now. If there was some sort of individual regulations, scammers so to say won't have gained ground but everyone gave in to quick profit which placed us where we are today.