On the half way to SR. Member
Self-Made Full Member
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Initial Coin Offering SCAMS•
[GUIDE]How to avoid scam?•
The Silk Road seized, and the downfall of Mt.Gox1.
Initial Coin Offering SCAMS
HOW TO AVOID?
Let's define first what is Initial Coin Offering or ICO?
ICO is an unregulated means by which funds are raised for a new cryptocurrency venture.
My idea on ICO is
CROWD FUNDING .
Now let's move on how can we avoid
ICO SCAM Crowdfunding is shaping the future of finance. No longer does investment belong to the few and no longer does launching a project mean having to go through all the required conditions of Venture Capital investment. There are now multiple platforms where users can crowdfund their dreams and projects into reality.
Observe this things to avoid it. - Unrealistic goals
- Buzzword salad
- Whitepaper
- No Code Repository
- Team
Unrealistic goals If the project does have that potential, professional developers will never make such promises. They will let you know about the potential of their project and that’s it. No serious team will ever make a price prediction about their token or claim it can fix the world.
Buzzword salad “Our decentralized blockchain-based platform will disrupt the landscape of cryptocurrency investment while building a trustless network of pseudonymous users that leverage swarm intelligence technology to provide real world financial services in a tokenized ecosystem.”
Some people may have a tendency to use buzzwords as a means to turn a boring text or announcement into something exciting. However, these will have a certain amount of information on it, even if you have to filter out some of the nonsense. Still, if a project needs to do this, then the project is likely to be as boring as watching paint dry.
Whitepaper Whitepapers usually explain how the platform works both on the high-level and specifically. This often includes charts, calculations, simulations, specifications and so forth. If your project claims that it is building some sort of decentralized service or token with new features and actually provides no explanation of how it works specifically, then just close the document and walk away.
No Code Repository This is what matters. Like someone said before “Code is law”. Even if the project announcement and whitepaper are complete trash, you can always count on Github or Sourceforge to put an end to all doubts. If the project provides no link to the code at all or if the project is nothing more than a clone with a few changed lines of code, then it’s not worth your time nor money.
Team This is very important. Who is behind the project? Is the team made up of well-known members of the cryptocurrency community? Are they known in other areas? Have they been involved in previous projects? If the answer is yes, then this may be an interesting opportunity. Just remember to check if the person is actually aware of the project as scammers may use famous names just to get people interested even though these are not part of the team.
SOURCE2.
If you're looking to invest in Cryptocurrency, you could be vulnerable to phising and Ponzi schemes.
So how can you avoid them?
1.
Be skeptical of emails that mentions Initial Coin Offerings (ICOs).Scammers have stolen millions by
impersonating real Cryptocurrency issuers.
Look for
spelling and grammar errors, and verify the email address before sending any payments.
2.
Watch out for fake websites.Look for the
"secure" and "https" markers before a website's URL in your browser. If they are not there, the website might be
fraudulent. Also, check for tiny dots under the letters in the url that could be mean the site is fake.
3.
Don't trust unverified twitter accounts.Even if they look like they belong to Cryptocurrencies or their founders, they might be scammers in disguise and be wary of anyone on twitter who asks you to send them Cryptocurrency.
Like any investment, there is a risk involved in Cryptocurrency.
Even legitimate coin issuers can be hacked, so think twice before sending money to anyone.
AVOIDING FRAUDULENT
• Spot imposters. Scammers often pretend to be someone you trust, like a government official, a family member, a charity, or a company you do business with. Don’t send money or give out personal information in response to an unexpected request — whether it comes as a text, a phone call, or an email.
• Do online searches. Type a company or product name into your favorite search engine with words like “review,” “complaint” or “scam.” Or search for a phrase that describes your situation, like “IRS call.” You can even search for phone numbers to see if other people have reported them as scams.
• Don’t believe your caller ID. Technology makes it easy for scammers to fake caller ID information, so the name and number you see aren’t always real. If someone calls asking for money or personal information, hang up. If you think the caller might be telling the truth, call back to a number you know is genuine.
• Don’t pay upfront for a promise. Someone might ask you to pay in advance for things like debt relief, credit and loan offers, mortgage assistance, or a job. They might even say you’ve won a prize, but first you have to pay taxes or fees. If you do, they will probably take the money and disappear.
• Consider how you pay. Credit cards have significant fraud protection built in, but some payment methods don’t. Wiring money through services like Western Union or MoneyGram is risky because it’s nearly impossible to get your money back. That’s also true for reloadable cards like MoneyPak, Reloadit or Vanilla. Government offices and honest companies won’t require you to use these payment methods.
• Talk to someone. Before you give up your money or personal information, talk to someone you trust. Con artists want you to make decisions in a hurry. They might even threaten you. Slow down, check out the story, do an online search, consult an expert — or just tell a friend.
• Hang up on robocalls. If you answer the phone and hear a recorded sales pitch, hang up and report it to the FTC. These calls are illegal, and often the products are bogus. Don’t press 1 to speak to a person or to be taken off the list. That could lead to more calls.
• Be skeptical about free trial offers. Some companies use free trials to sign you up for products and bill you every month until you cancel. Before you agree to a free trial, research the company and read the cancellation policy. And always review your monthly statements for charges you don’t recognize.
• Don’t deposit a check and wire money back. By law, banks must make funds from deposited checks available within days, but uncovering a fake check can take weeks. If a check you deposit turns out to be a fake, you’re responsible for repaying the bank.
Sign up for free scam alerts from the FTC at ftc.gov/scams. Get the latest tips and advice about scams sent right to your inbox.
©
https://www.consumer.ftc.gov/articles/0060-10-things-you-can-do-avoid-fraud⛔LIST OF SCAMS⛔
by Tomatocage
Overview of Good Bounty Managers
---Advertisement---
In this thread you will know who are the good bounty manager. This can also help on finding legit bounty campaigns. We can see active bounty campaigns here
Bounties(Altcoins).
Let's talk about first what is
Bounty Campaigns ?
Are essentially incentivized reward mechanisms offered by companies to individuals. Their are many kinds of joining a bounty campaigns like signature, facebook, telegram, twitter and other social medias.
A Bounty Manager is the persons who handle or manages the campaign, sometimes bounty manager are also holding the funds for the campaign. Their are a lot of Bounty Managers but this manager are great and has the capability to manage every bounty campaign successfully.
List of Good Bounty Managers with Ratings
Names |
Rank |
Ratings |
ContactYahoo62278 | Legendary |
% |
PMAmaZixOfficial | Copper Member |
% |
Websitedeadley | Legendary |
% |
PMAerys2 | Sr. Member |
% |
PMHotachy | Full Member |
% |
Telegram Arteezy.rtx | Copper Member |
% |
Telegram BlockEye | Hero Member |
% |
Telegramjulerz12 | Sr. Member | % |
TelegramThe ratings are based on the bounty participants / forum members.
For recommendations post in this order
Bitcointalk Name:
Profile link:
Rank:
Contact :
Tip accepted here: 1DaboyRkn5KQRwrvL4Ns6cx2QcKf4fFC6U
Note: The idea of how it looks got from bl4nkcode thread about
Overview of Bitcointalk Designers(Signature,Avatar,etc) Una sa lahat alamin muna natin kung ano ang PGP.
Ano ang PGP?Ang Pretty Good Privacy (PGP) ay isang programa ng pag-encrypt na nagbibigay ng cryptographic privacy at pagpapatunay para sa komunikasyon ng data. Ang PGP ay ginagamit para sa pag-sign, pag-encrypt, at pag-decrypting ng mga teksto, e-mail, mga file, mga direktoryo, at mga partisyon ng buong disk at upang madagdagan ang seguridad ng mga komunikasyon sa e-mail.
Pano mag-sign ng message?Maaari kang mag-sign anumang mensahe mula sa isa sa iyong mga address, na nagpapatunay na ang mensahe ay nilagdaan ng pribadong key na nauugnay sa address na bitcoin. Sa ganitong paraan maaari mong patunayan ang pagmamay-ari ng isang pribadong key sa isang partikular na address at katulad ng nagpapatunay ng pagmamay-ari ng address mismo.
Mga hakbang.
1. I-click ang higit pang pindutan sa kanang sulok sa itaas.
2. I-click ang Mag-sign ng Mensahe sa listahan.
3. I-type ang iyong message at i-click ang Mag-sign Message.
4. I-click ang Share Text + Signature para makuha ang signed messaged.
-----BEGIN BITCOIN SIGNED MESSAGE-----
How to sign message?
-----BEGIN BITCOIN SIGNATURE-----
Version: Bitcoin-qt (1.0)
Address: 1DaboyRkn5KQRwrvL4Ns6cx2QcKf4fFC6U
G6HXR9QBnYmX1bKnNlQFyY93vXcRqrHIxUfr6VbbfhDSLgiVTh864kCShPPQKi0tj1cJa/QjTJpWijE3zHKLlW0=
-----END BITCOIN SIGNATURE-----
Ituturo ko po kung papaano mag-sign ng message sa Ethereum.
Maraming nagtatanong sakin kung papaano magsign ng message sa Ethereum. Napakadali lamang po ang pagsign ng message kagaya ng pag-sign ng message sa Bitcoin.
How to Sign Message on Mobile Phone/Android (BITCOIN)
At ngayon po ay ang pag-sign ng message sa Ethereum.
Mga Steps o Hakbang:1. I-access ang website ng MEW (
https://www.myetherwallet.com/) at mag-scroll pababa sa footer, pagpili sa pagpipiliang "
Sign Message"
2. Sa bagong screen, piliin kung paano mo ma-access ang iyong Ethereum wallet at i-unlock ito.
3. Sa sandaling ma-unlock ang iyong Ethereum wallet, i-type ang nais na mensahe-ang iyong nabuong pampublikong key na dapat magsimula sa VIN, at mag-click sa "Mag-sign Message".
Iyon lang, ngayon ang iyong mensahe ay naka-sign na. Gamit ang resulting field, tulad ng naka-highlight sa screen sa ibaba, maaari mong patunayan sa amin na mayroon kang pagmamay-ari ng iyong wallet.
May proof of ownership ka na! Happy learning!
