Lots of Scammers Here

[arwin100]

The best advice to anyone considering investing in any ICO or project is to think carefully before parting with your money

I have enough PMs from all sorts of alleged coders who can create the best of the best but all of them have been scammers trying to take money, many asking 25% in advance without any real contract and with no recourse or protection for the investor.

One of the biggest flops was valduz10 purporting to be a coder who will make an exchange for $5000. He offered nothing in contracts and wanted the 0.25 BTC immediately to make a demo site which he would show after 3 weeks. In the final part of the "project" he wanted several thousands to go to CPC and CPM sites that he claimed to have coded which would advertise banners and had some google-dream up his sleeve too. Upon realising his scam was outed, he resorted to name calling like "boyo" and "wierdo".

Another was one was a Nigerian who wanted 5 BTC to make a Visa card associated with bitcoin wallets which he claim he coded from scratch. He insisted on chatting in a private Tawk.to box rather than leave evidence here in PMs. He claimed he was going to get free hosting but asked for money because he was working on the project full time for 4 weeks. I advised him to change the free adminLTE dashboard and show me a tangible product but then the truth unfolded. He now claims he sold the "company" to a UK company. Upon rumbling his scam he resorted to name calling such as "ghost" and "time waster" both ironically could be applied to himself     https://bitcointalk.org/index.php?topic=1931218.0

There are more but the moral of the story is... Too many scammers here. Some must be making a tidy sum every month by ripping people off, like a salary without actually having a job but happy bringing pain to investors.

In the world of money, it is inevitable to have lots of scammers. People who would take advantage on the less knowledgeable and rob them. thank you for alerting other people with this. Scammers are really everywhere so we should be extra careful who to make business with. There are legit experts here tho whom you can trust and can ask to.

And also we cannot erase the sad fact that this furom has been splendid by many scammers around since at first place this furom is so popular whenever we talk bitcoins and I think scamming incidence are normal here so we should try to be care and be aware on what to do so that we can avoid to get scam. So before dealing with people its truly the best to seek for background checking or find a trusted middleman to handle the money for risky transaction.

[crazyivan]

Reputation used to be something you could rely on when dealing with people. However, now even Legendary accounts can be purchased so this is not a solution anymore.
However, using ESCROW for any transaction over 0.1 BTC s something I d definitely recommend. There re even free ESCROWS here and if the other party refuses to deal with ESCROW, well you know what s the problem then.

[Adbitco]

I haven't made an investment in any of the ICOs so far but yes I have bought bitcoins from members of good repute and my experience has been good and the deals have been smooth and successful. But just like some of the senior members said it already that even accounts of legendary members are sold and might be used by scammers so we need to take extra care while buying and selling anything on here especially when a good amount of money is involved.

[JollyGood]

@arwin100
Ditto... you are absolutely correct. Thank you for the good advice, background checks and hopefully middlemen are essenital before trading.

@crazyivan
I agree in that those who refuse an esrow here are not worth investing in at all but I would use an escrow for any amount not just the 0.1 BTC that you recommend. The ones who avoid escrows probably have something to hide and are better to saty well away from. As for Legendary accounts being sold that is so true. Do you know what the going rate is?

@Adbitco
Yes taking care when dealing with trade is essential. It would help if the Legendary accounts are not allowed to be sold on but sellers and buyers exist everywhere.

[JollyGood]

i dont know how you can trust someone from nigeria? most of internet scammers are from nigeria.most of them use dating site to scamm white women

I am not sure there is any evidence about what you claim or why you came to that conclusion. Having said that I have no intention in getting in to business transactions from anyone unless I see them face to face in the UK which is where I am based.

[Kprawn]

i dont know how you can trust someone from nigeria? most of internet scammers are from nigeria.most of them use dating site to scamm white women

I am not sure there is any evidence about what you claim or why you came to that conclusion. Having said that I have no intention in getting in to business transactions from anyone unless I see them face to face in the UK which is where I am based.

The problem with that is Bitcoin is pseudo anonymous for a reason, it protects people financial privacy. You will find that a lot of people are not

using anonymity to hide criminal activities, but just to protect themselves. I use mixer services to keep my financial matters private and for no

other reason, but some people might opt to use them for the wrong reasons. This site and this technology will have a bit of both, but money

bring out the ugly in people... so I would rather stay anonymous. 

[cloverme]

When hiring a dev:

Use escrow
Check references
Get multiple bids
Have a scope of work

When you run into a scam, report on this sub-forum: https://bitcointalk.org/index.php?board=83.0

[JollyGood]

@Kprawn
i agree, money does bring out the worst in most people but thankfully there are SOME good folk out there 



@cloverme
That is good advice you gave, thank you. I saw SpacePirate.io under your avatar so decided to give a browse. Nice idea, wish you success with it.

[savioroshan]

This world is like that. Its our responsibility to enquire everything about a project before investing money into it. If they scam us ,only we are the sole responsible for it. After all we are humans and its human nature to be greedy. I am not telling all are scammers. But 60% are like that. So before investing money we should think twice and if you are so confident then think of proceeding further.

[MCBrown10]

Thank for warning us. this happened to me last week when an user asked me 78btc to provide me 5 Bitcoin ATM in Trinidad. the first thing he asked what is your name Sir and how old are you? and after be told me he likes working with old man.

[JollyGood]

Thank for warning us. this happened to me last week when an user asked me 78btc to provide me 5 Bitcoin ATM in Trinidad. the first thing he asked what is your name Sir and how old are you? and after be told me he likes working with old man.

 

It had scam written all over it. Well done for not getting duped

[bauvil2003]

It is really painful when people take your hard money away. It is sometimes difficult to know in advance wh is scam or not. I rely on close friends who have made close and serious experience with a company first before I chose to gave them my money away.
This network is not a scam and it does not cost too much to join, less than 0.05 bitcoin and the opportunity is a lot. www.ljbmoney.com

[carlfebz2]

Thank for warning us. this happened to me last week when an user asked me 78btc to provide me 5 Bitcoin ATM in Trinidad. the first thing he asked what is your name Sir and how old are you? and after be told me he likes working with old man.

 

It had scam written all over it. Well done for not getting duped

Even kids will able to identify that it is a scam and if you are dumb enough and dont have commonsense then you will surely fall out on this attempt.We do know there are lots of people on online world would do anything for the sake of money thats why we should really be vigilant and keep reading on veteran members here on this forum regarding on their advices it will surely help you a lot.

[JollyGood]

I just browsed the scam section after a couple of weeks and noticed the scale of scammers is as intense as ever.

Too many of the 'coders' plying trade here are liars and scammers that have one intention only. They will try to talk you in to parting with your money and after promising you the best project in the world they will let you down and drop you as if they were holding a baking hot potato!

Be careful, do not part with your cash unless you can find reputable people to vouch for the people you intend to give your money to.

  Claims to have been taken over by a UK company: https://bitcointalk.org/index.php?topic=1931218.msg19636556#msg19636556

[JollyGood]

In the world of money, it is inevitable to have lots of scammers. People who would take advantage on the less knowledgeable and rob them. thank you for alerting other people with this. Scammers are really everywhere so we should be extra careful who to make business with. There are legit experts here tho whom you can trust and can ask to.

Good advice, thank you. I have now seen that many Tom, Dick and Harry are pushing their coins and concepts for ICO.... most are dreamers and timewasters that fizzle out when they realise they have to cover holes in order to prop up their scam and investors just are not buying in to it.

I do agree with you that there are some good concepts out there

[rodel caling]

i think the scammer as my opinion as a newbie,.. scammer in this forum give them a punishment according to the rules of regulation in this forum,.. i suggest all member be carefull for our safety..

[JollyGood]

Here is a pure non-scam ICO soon coming

Watch out for more information and details in the coming days... MAY THE FUD BE WITH YOU !!

[mindrust]

ICO = scam

If you somehow managed to survive till an ICO's launch and still do afterwards it is because the scammers haven't decided to rip you off yet.

Are real people buying in the crowd sales of ICOs? How do you know? Got any proof? What if the creator lies about the buyers and all he does buying his own coins?

ICO = worse than altcoins.
Altcoins can be scam or honest, ICO's can only be one thing=Scam

[JollyGood]

ICO = scam

If you somehow managed to survive till an ICO's launch and still do afterwards it is because the scammers haven't decided to rip you off yet.

Are real people buying in the crowd sales of ICOs? How do you know? Got any proof? What if the creator lies about the buyers and all he does buying his own coins?

ICO = worse than altcoins.
Altcoins can be scam or honest, ICO's can only be one thing=Scam

Apart from ICOs there are so many people sending PMs claiming to make websites and apps, trying to reel gullible people in to their scam and after the payment is received they vanish. Disgusting thieves...

There are however very good ideas arouns these forums so not all are scams but I agree with you in general ICOs are more or less scams in most cases that pocket the project team. Monaco Card raised $21 million and still have not got paid staff to monitor online chats at various forums, nor have they even received accreditation from VISA right now. not saying it is a scam but not saying it is not, ahem.

ICOs are always good for project teams and not always good for investors

[giantrobot]

The best advice to anyone considering investing in any ICO or project is to think carefully before parting with your money

I have enough PMs from all sorts of alleged coders who can create the best of the best but all of them have been scammers trying to take money, many asking 25% in advance without any real contract and with no recourse or protection for the investor.

One of the biggest flops was valduz10 purporting to be a coder who will make an exchange for $5000. He offered nothing in contracts and wanted the 0.25 BTC immediately to make a demo site which he would show after 3 weeks. In the final part of the "project" he wanted several thousands to go to CPC and CPM sites that he claimed to have coded which would advertise banners and had some google-dream up his sleeve too. Upon realising his scam was outed, he resorted to name calling like "boyo" and "wierdo".

Another was AikFrank, a Nigerian who wanted 5 BTC to make a Visa card associated with bitcoin wallets which he claim he coded from scratch. He insisted on chatting in a private Tawk.to box rather than leave evidence here in PMs. He claimed he was going to get free hosting but asked for money because he was working on the project full time for 4 weeks. I advised him to change the free adminLTE dashboard and show me a tangible product but then the truth unfolded. He now claims he sold the "company" to a UK company. Upon rumbling his scam he resorted to name calling such as "ghost" and "time waster" both ironically could be applied to himself     https://bitcointalk.org/index.php?topic=1931218.0

There are more but the moral of the story is... Too many scammers here. Some must be making a tidy sum every month by ripping people off, like a salary without actually having a job but happy bringing pain to investors.

I am really supportive of your work, it will help any reader read this article, they will be more alert. An extremely interesting article. I hate haters so much, they make me scorn.