Bitcoin Forum

If you like watching crypto videos on YouTube this post is for you.

Be careful with YouTubers that provide links to websites under their videos some are scammers and this is one of the latest ways that newbies are losing money,  a brother who lives close was trying to watch some videos on YouTube about how to stake EverDome token for APY returns and he almost lost it all, the Youtuber dropped a link that's not Bakeryswap.org 👈 which is the official Bakeryswap website, instead, the scammer dropped this

https://i.imgur.com/f1tfhUU.jpeg

He was lucky to ask question because he was also curious.

1. The fake website has higher APY % compare to the original Bakeryswap APY

2. EverDome staking was never available on the Original Bakeryswap, I guess the scammer knew that people are buying and staking Everdome token on the official website and he plan to lure people with higher APY

Use your brain out there famz, do not trust all videos you watch on Youtube, always make sure you do some research on the link you are provided, make sure its the official link before connecting your wallet.

I did further research on YouTube and the scam links are huge in number, here is another fake link https://bak-dome.com/?utm_source=Everdome_7&utm_medium=everdome_stake&utm_campaign=1

Stay safe FAMZ

If one seeks for easily presented things on Youtube, that's OK.
But if one clicks on links from Youtube without being 100% certain he knows what he's doing, sorry, but he deservers his fate.
What I want to say is that Youtube has a very long history of videos with links to websites that are shady or plain scam.
...And that's not only in crypto.


But, as I keep saying, this kind of warnings may be of no help since for many (especially newcomers) the greed is too high and the knowledge is too low. Dangerous combination.

Thats correct. Even though a lot of warnings has been posted here, none actually listen and still do things theyll be in trouble later on.

The problem here isnt about how to avoid but to be reminded and absorb knowledge that this kind of thing could eventually bankrupt them instead of earning. Well greedy people arent listening anyway.

Well thank you for the warning but I have a suggestion, is this a fake link?
Can censor it by using forum insert code like this,
I clicked it and it seems you are redirected to the exchange site which asks to connect your wallet.
One thing that I wanted to know, is that Youtuber is popular that has many subscribers? Do you think it is worth listening to him?

Really?? So a youtuber posts scam links and you are still interested in listening to him?
What is wrong with you, people?!

I guess that the advertised 718% staking made some get hooked, but keep in mind that everything that sounds too good to be true is most probably scam. However, do as you think with your money.

for those who already understand how things work on the internet, they definitely won't be interested in listening to the words that are done by YouTubers because they are just repeated words spoken by many YouTubers, they only copy-paste and modify a little.
but as neuroticfish said, newbies will definitely get caught up in the tricks of scammers on youtube because of the combination of greed and their low knowledge.

Some people really have a hard time understanding something that is so obvious, and it is even stranger that such a question is asked by someone who has been on this forum for 5 years. People looking for financial advice on YT or anywhere else on social media really have a big problem. Freedom of speech combined with millions of naive people is a really wicked combination, isn't it?

There's only one advise i must give regarding watching videos on YouTube, don't click or watch except you have the clean idea of the particular user who happens to be someone you followed back to back and trust thieir genuity in delivery, have seen alot of videos who's content does not tally with the title of what they are symbolising, we need to be very careful because before you know it, you've gone far with them, visual aids is one of the simple ways they quickly get attention through online videos, better not to smell what you won't eat.

It's a basic but vital step for everyone in cryptocurrency. Don't trust, verify.

And if you want to find some information about one project, let's get started with Coinmarketcap.com and Coingecko.com. I strongly advise to use both sites for double-checking.

Let's practice with Bakery swap. Searching on both sides and you will get links to Bakery swap.

• https://coinmarketcap.com/exchanges/bakeryswap/
• https://www.coingecko.com/en/exchanges/bakeryswap

If you want to cross checking more, you can search with search engines like Google but remember search engines should be a later step, not a first one to do. If you use search engine firstly, you will more easily fall into phishing sites.

the number of his subscriber does not matter what matters is his credibility. if that YouTuber posted scam links, there is no point in listening to him. he lost his credibility and listening to him would just put you at risk of getting scammed and if I were you I would report the channel for trying to scam people.

Who the heck is John Bitcoin anyway?

If I can recall correctly, there was also a fake Binance channel with 500k subs in Youtube back then but it was a giveaway and a VOD of previous stream was only playing making it look like a real live stream. Not sure how much was scammed though. I might have watched some tutorials for day trading in crypto from some Youtubers like Crypto Jack, but I would never find myself clicking whatever links that they are going to provide.

Even if Mr. Beast even did one of those, I would never.  :D

I did a search on Youtube about John Bitcoin it's nothing famous, maybe just a new Youtube that just posted its phishing site in the description by putting a link to the scam.

Actually a lot happens to famous Youtube channels that promote scam sites under the pretext they will refund double after deposit, and scamers try to hack famous Youtube channel in Bitcoin and after getting it will LIVE streaming full 24hours, for me this is already know classic scam but some of them may still be tricked.

Yeah, any suspicious links shouldn't be clicked.

I watch many video like this on youtube and some of this scammer is copying video of other trusted influencers and re-uploading it to there own youtube channel with fake subscribers. They are changing the attached link to the scam one as if the video is telling to go on the attached website. You will surely be scammed if you are newbie and didn’t do research about the influencer before you click the links attached on the video.

More sophisticated scams are when those scammers spread their links to YouTube accounts with millions of subs they hacked. So instead of just being careful, people should stop clicking on links or ads of any kind regarding cryptocurrencies. When advertisements associate well-known brands, a safer way is to search for announcements by going to the official website manually.

You don't need to, I use a empty wallet to connect to the website and I see few unrealistic returns, its like you will give away your assets thinking you are staking and waiting for returns, you ain't getting any, like I've said I used a wallet I generated without writing down its phrase, just for testing purpose.

Most scams that I have witnessed involved adding some random links to their thread/videos where it would direct you to a poorly made website. Like what I always mentioned to posts like these, prevention is always better than cure. You have the responsibility to avoid dubious links such as what OP posted since you absolutely have no guarantee about its safety and security.

Again, there is nothing free in this world. If a website claims to have some free BTCs, then always have some doubts about the giveaways that you see. If someone messages you telling to invest in a certain project, always be skeptical and alert.

Phishing scam, it's not new and I don't think there's a person who haven't aware with this kind scam in this day. If they can be scammed with this kind method, it's because of their greediness and fault, not from how good is the scammer method.

I think currently we haven't see a new scam or hack method that doesn't require the user to download or clicking random link, it would be dangerous and everyone might fall to the trap.

I don't know where OP found this video, but as far as I can see, the video has only 3 views.  :D
it is also inconceivable to me that some completely anonymous people who promise some extra projects can be trusted just like that.

If you see this kind of content related to crypto for sure those accounts are keep promoting with their referral codes and of course even the white paper and roadmap is legit but still if this is easily manipulated with the market, they take away your money. That's why if you want to invest in those large coins, check how many large amount holders they are because they can easily rug the market price. Use the report feature of YouTube to prevent this from spreading immediately.

One thing certain is that scammers will always look out for ways to scam people, of which their main targets are always newbies and people with no or less knowledge about a particular new coin, with an offer too good to be true. Scamming has never been a new thing when it comes to cryptocurrency, being a fast-growing industry that has been in existence for the past 13yrs, which is why I always tell people about the importance of always doing your research "DYOR" before investing, buying or staking any new coin, as it saves you from the possibility of being scam, just the same way O.P just saved his friend from been scam by quickly spotting the difference between the fake and the original site

And, secondly, always pay attention to the "URL" of every given website, because the difference between a scam site and the original at times may be a slight change in either 1 or 2 letters.

I've seen exchanges that push their client's orders through other exchanges offer their own token too which might be a scam in itself (or just wishful thinking by the exchange). It's probably more scam if it's done without offering a market for the token or some sort of buyback.

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I don't think this is a new scam trend though - just don't click links and type domains out where you can or search for them in multiple search engines (after scrolling past ads).

Known streamers that have many subscribers might don't do this, if they do, it will surely many of those subscribers will leave the channel and lose the YouTuber's credibility.  So might those unknown YouTubers who will create content like this just to scam naive people who didn't know that they're in the trap of a scammer.  This isn't new, I heard before people have been scammed because of a Youtube streamer who posted a phishing link which is the account was been hacked. 

So we must be careful about everything that we saw on social media and verify first before believing them.
Don't click anything, especially those related the financial advice.

0 likes, 3 views, what do you expect?

I really don't understand why this is posted here. You can begin to suspect the OP of cooperation. Is it not clear to everyone why different videos are created on YouTube? Are there really naive people who still believe that people will spend their time telling the world how to get rich? If one of these naive people hopes to quickly increase their capital, then YouTubers are exactly the same people. All this is done with only one goal in mind. And the goal is personal enrichment, not altruistic motives.

There are sometimes these fake shillers involved in these scams as putting links under the video and will tell you to go to this site through the link and they will get some free tokens or invite codes like shit and then whosoever is trusting them fall under the trap losing their money from their own wallets.

Or sometimes hackers swap the link with the fake one directing you to thier site or injecting malware in your system taking access of your wallets but it don't seems to be the case with this one particularly as they attack some famous one only to find more victims but there is always advice not to click on links then why in the hell we do it? To earn some free tokens worth nothing and losing your own funds also?

Nothing new to me. I always do my due diligence by verifying it to the real admins of a certain project in their respective official social media channels like Telegram, Twitter, Discord, etc.

It’s just that newbies and beginners are more prone to this as they are focusing on the video alone rather than checking the Youtube description first.

However, if the links are cloaked with URL shorteners like bit.ly, I wouldn’t still bother clicking it as I am going to manually verify it to the admins of the project’s official social media channels.

I never even saw the video or I could have just used the wrong keyword.

Regardless even if famous Youtubers that I sometimes watch posted a crypto link, I would not buy it anyway. Youtubers/streamers are not your friends and you should not always trust just because they are popular. I believe there was even fake Elon Musk pages popping up before when he was still like a burning news here in crypto.

When anybody tells you anything on social media not only on YouTube make sure you verify the post and incase if you are provided with a link make sure you verify if the link is the original one, mostly I do watch videos on YouTube but i don't follow anylink provided. Seriously the trick is cheap but most people won't believe things like this can happen, most people after watching video, they will just click on the link provided and they won't care to verify the link provided, I think is high time we have to be very careful, am sure lot's of people will have fallen for the scam and people will still fall for it, so let's try and share this scam format that's being used by scammers.