Increased Number of Scammers

[naruto7676]

Every day or weeks they just spreading number of scammers for ico projects and taking money away closely if the participants trusting for their project.

[omonuyak]

I believe that the reason why the bear dominate cryptocurrencies market this year was as a result of scamming activities going on in cryptocurrencies market.  Investors especially new one has lost significant amount of coins and fund in investing into icos projects that turned to be scam. Most of them are now afriad to invest into cryptocurrencies market.

[nebiki]

of course, with the increase in the number of scammers it is very troubling for crypto users because they are eyeing money and money every day just to damage themselves and not concern others. we must be extra careful and careful to prevent scammers.

[Edraket31]

of course, with the increase in the number of scammers it is very troubling for crypto users because they are eyeing money and money every day just to damage themselves and not concern others. we must be extra careful and careful to prevent scammers.

That is right, there are lots of scammers out there and we don't know what will gonna happen in us in the future so we must be careful with what we are doing especially don't just give information to a person even if you trust that person, don't too much trust especially here in crypto as a lot of people are abuse.

[moynul2050]

Every day or weeks they just spreading number of scammers for ico projects and taking money away closely if the participants trusting for their project.

not all projects commit fraud, there are still successful ico this year.
ubex, imt and many more ico trusted. I will not eliminate that ico is a fraud. only requires analysis to invest in ico.

[riskarcher]

more precisely not because of the fault of the ICO project, it was all due to lack of funds and did not reach the softcap or hardcap so as to make some projects not develop anymore. many factors affect an ICO, especially in the current market situation

[Yamifoud]

more precisely not because of the fault of the ICO project, it was all due to lack of funds and did not reach the softcap or hardcap so as to make some projects not develop anymore. many factors affect an ICO, especially in the current market situation

It makes some projects aren't be able to reach their soft-spoken just because there is no potentials have seen from the investors around. It goes into scam cause the team never give back the money they collected from the people who are investing. But if they turn it back,  then there is no problem at all.

[Mr.grin]

more precisely not because of the fault of the ICO project, it was all due to lack of funds and did not reach the softcap or hardcap so as to make some projects not develop anymore. many factors affect an ICO, especially in the current market situation

It makes some projects aren't be able to reach their soft-spoken just because there is no potentials have seen from the investors around. It goes into scam cause the team never give back the money they collected from the people who are investing. But if they turn it back,  then there is no problem at all.

seeing this I think this is still in a natural way. see the many successes that occur in the crypto world, making many scammers make similar things. so, if we are not able to distinguish it, surely we can get stuck in that. so there needs to be great care in wrestling in the crypto world.

[armarsterling7]

I dont think the number of scams is increasing. When the market goes down, many investors have withdrawn from the market, the scammers also cant make much money in the market should also leave the market. Besides, the trick to knowing a phishing project is very easy. I think there are now fewer phishing projects.

[Bunsomjelican]

I think scammers is everywhere, it can't be resolve I think. Then, since the number of scammers increased maybe it happened because many communities whether in Facebook, Twitter or Bitcoin/crypto industry, they became unaware or unprepared or sometimes because of greediness it leads us to become a victim of scammers which we didn't notice in the end.

[Rejevunator]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

You can prevent being a victim by checking this good discussions about scam sites and links try to check this valuable threads that might help people out

https://bitcointalk.org/index.php?topic=4264404.0 Heres the phishing sites

https://bitcointalk.org/index.php?topic=3415026.0 This is about scammers

Hope this may serve as reference before entering sites and links

Scammer are always active and they tend to fool and make use of the newbie people who are new in the field of cryptos. Before investing, it is worth to check about its authenticity on google.

[jonaire99]

Scammers mostly target people that had no knowledge on cryptocurrencies and other online investments. In social media alone, many scammers who uses cryptocurrencies like bitcoin had successfully scammed a lot of users and making the top coin unpopular to many netizens. Today, scammers are using the coming season to scam more people with their quick-rich schemes.

[GregH37]

How would you define a scammer? I know a lot of situations when a company is publicly accused of being a scam just because a user is wrong.
On the other hand I agree scammers are all around, and we need to be careful.

Time is very precious and I feel no time should be wasted to move around and spot the scammers. We should rather choose to work on our own business models to maximize our own utility that should be the only motto behind entry in the crypto market.

Stay vigilant and research for as long as six month and this time is enough for any individual to master the skills and understanding needed in any field. The rest is matter of action and a long as you do not take practical steps, you might not make money.

Scam is not just applicable to the crypto world alone and I wonder why people tend to say that a lot. Scam has always been in existence since transactions are being made online, and since people started getting greedy looking for quick ways to earn huge money within a very short period. Scam is everywhere even outside crypto and the only way you can keep yourself secured is to always be on the lookout, know where you want to be putting your money, know what is too good to be true and stay away from it. There are so many projects out there that are good, so being scammed should not be an option.

[msk19]

Scammers were and will always be. There are a lot of them in the crypto-currency market, because this market is very risky and it is not controlled by anyone. Therefore, it is very easy to carry out fraudulent actions and go unpunished.

[Bitcotalk]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

There is no place you wouldn’t see scammers, they have been scamming even before anyone thought of cryptocurrencies. But for the fact that cryptocurrency is now their next target, everyone really needs to be careful on who or what they are investing their money into these days.

Just like op was saying – we better learn from other people’s mistakes than to fall victims for the same traps. Before you do anything, carry out tough research, it’s always worth it cause it’s your money that we are talking about here. And stop clicking on any advert you see.

[Keyboard PC]

maybe the analysis of these fraudsters is correct but if you realize it now there are so many ICOs that are scam, so i understand for sure you want to warn traders to be able to avoid and be alert and must be able to see or find the correct information first to ensure this ICO has the right team or scam as one of the ways is to try to find the office of the ICO and try to come to the place and make sure the team stays at their office location. after that you can provide information about your investigation at https://bitcointalk.org/index.php?board=227.0 or https://bitcointalk.org/index.php?board=83.0.

[rhenrhen]

I've met (not literally) some scammers out there and they're really so intelligent upon arriving to a technique wherein they can persuade or deceive someone. But as what I always think, never ever put your trust to any one you are not sure of or to something you're in doubt.

[hastag_80]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

The increasing the number of scammers now in the cryptocurrency due to some many advertisement now in different social media like fb,twetter and instagram that convincing,some investor to invest an capital, but the truth they are only using the name of cryptocurrency in order  to hack or scam people

[tanglong]

Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets.
Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/
Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites.

The increasing the number of scammers now in the cryptocurrency due to some many advertisement now in different social media like fb,twetter and instagram that convincing,some investor to invest an capital, but the truth they are only using the name of cryptocurrency in order  to hack or scam people

You are right, when advertising on many social networks will also increase the amount of scam, we need to filter out the best ICO to invest. Advertising is not always good ICO.

[Xenrise]

Yep. Since the cryptocurrency is making its name in the world. Of course it is natural that many scammers will be gone scamming people. It's pretty natural.