meliodas
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December 13, 2019, 01:37:55 PM |
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Well yes that you will be secured from scammers and hackers but you'll miss lots of opportunities and i think it is part of the risk that we're taking when we enter the crypto world, it is our job to research about the project that we're investing with because once we found out that its a scam, we can warn others specially newbies about that specific project that only scams people and you could save other's money by your research.
But many of those opportunities are not real, even if there are thousands of coins in the market that doesn't really mean that you have thousands of options in which you could invest your money, at best you have something like 50 different coins in which you could invest, the rest are scams, bad projects or projects that are copying other coins. So I do not really feel like I'm missing anything because I can invest in the best coin in the market which is bitcoin and in a few other good altcoins like ethereum. That is true, we should only focus on the few cryptocurrencies in the market instead of wasting our time and effort to check all of the cryptocurrencies in the market. It is just about being wise and smart that in the long run, only the OGs and the real cryptocurrencies with working product will definitely make it at the end.
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atjiat
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December 14, 2019, 10:44:41 AM Last edit: December 14, 2019, 11:26:41 AM by atjiat |
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That is true, we should only focus on the few cryptocurrencies in the market instead of wasting our time and effort to check all of the cryptocurrencies in the market. It is just about being wise and smart that in the long run, only the OGs and the real cryptocurrencies with working product will definitely make it at the end.
Today, the entire cryptocurrency market, as well as each cryptocurrency, is in the spotlight due to fraud and the use of cryptocurrency in criminal activities. It’s not only about fraudsters who manipulate the cryptocurrency market, but also developing fraudulent projects to rob investors, but it’s also about those actions that make governments speak negatively about cryptocurrencies and try to impose rules on users where cryptocurrency users lose their anonymity and will be forced to provide passport data. One way or another, we will not be able to get away from reality and KYC will be mandatory for each cryptocurrency user, as well as a global check of each company that is connected with cryptocurrency will be mandatory and this will be a panacea for existing problems.
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bobitza
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December 14, 2019, 01:39:16 PM |
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As Bitcoin grows globally, more people will invest in Bitcoin. Of course, there will also be many scams. Be careful when investing not too greedy to profit. Need to equip yourself with a lot of knowledge about digital currencies.
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Experia
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December 14, 2019, 04:01:56 PM |
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Well yes that you will be secured from scammers and hackers but you'll miss lots of opportunities and i think it is part of the risk that we're taking when we enter the crypto world, it is our job to research about the project that we're investing with because once we found out that its a scam, we can warn others specially newbies about that specific project that only scams people and you could save other's money by your research.
But many of those opportunities are not real, even if there are thousands of coins in the market that doesn't really mean that you have thousands of options in which you could invest your money, at best you have something like 50 different coins in which you could invest, the rest are scams, bad projects or projects that are copying other coins. So I do not really feel like I'm missing anything because I can invest in the best coin in the market which is bitcoin and in a few other good altcoins like ethereum. That is true, we should only focus on the few cryptocurrencies in the market instead of wasting our time and effort to check all of the cryptocurrencies in the market. It is just about being wise and smart that in the long run, only the OGs and the real cryptocurrencies with working product will definitely make it at the end. Looking on the other cryptocurrency will lead to risky investments, just only invest to the coins that already proven in the market. There were lots of good ideas that traps the people to invest but in the end it will only leads to regret and leave a bad comments to the industry.
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johnwest
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December 14, 2019, 05:36:25 PM |
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Some of the advantages of crypto is used by scammers around the world in order to scam innocent people. We have already heard about the ransomware asking money with only BTC, even MLM creators are using BTC to scam people so that they cannot trace. Newbie traders, who wanted to get into the crypto wave and make some money will be scammed and get stuck with no money. Recently I came across a scam with Pyramid scheme structure, making referrals and earning with it.
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meliodas
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December 15, 2019, 01:28:23 AM |
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Some of the advantages of crypto is used by scammers around the world in order to scam innocent people. We have already heard about the ransomware asking money with only BTC, even MLM creators are using BTC to scam people so that they cannot trace. Newbie traders, who wanted to get into the crypto wave and make some money will be scammed and get stuck with no money. Recently I came across a scam with Pyramid scheme structure, making referrals and earning with it.
Those things are already existing for years. People didn't learn from their past experiences and they believed to this same scheme and they complain once they got scam. People should change their mindset when it comes to investing or making money, there is no shortcut or a fast way to create money, it takes time for us to make money because it requires knowledge and strategy.
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KnightElite
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December 15, 2019, 04:15:00 AM |
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Some of the advantages of crypto is used by scammers around the world in order to scam innocent people. We have already heard about the ransomware asking money with only BTC, even MLM creators are using BTC to scam people so that they cannot trace. Newbie traders, who wanted to get into the crypto wave and make some money will be scammed and get stuck with no money. Recently I came across a scam with Pyramid scheme structure, making referrals and earning with it.
Those things are already existing for years. People didn't learn from their past experiences and they believed to this same scheme and they complain once they got scam. People should change their mindset when it comes to investing or making money, there is no shortcut or a fast way to create money, it takes time for us to make money because it requires knowledge and strategy. Scammers are really existing and it is a reality that many people are still becoming victim. The regulation of other country towards to bitcoin have a big problem when it comes to scammers and that is why every country who want to legalize bitcoin as currency are required to make compliance in international anti-money laundering for lessen the victims of people are getting scammed.
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Pamadar
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December 15, 2019, 04:30:28 AM |
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Some of the advantages of crypto is used by scammers around the world in order to scam innocent people. We have already heard about the ransomware asking money with only BTC, even MLM creators are using BTC to scam people so that they cannot trace. Newbie traders, who wanted to get into the crypto wave and make some money will be scammed and get stuck with no money. Recently I came across a scam with Pyramid scheme structure, making referrals and earning with it.
Those things are already existing for years. People didn't learn from their past experiences and they believed to this same scheme and they complain once they got scam. People should change their mindset when it comes to investing or making money, there is no shortcut or a fast way to create money, it takes time for us to make money because it requires knowledge and strategy. There's no shortcut and only few will be lucky to ride to this quick scheme more will be victimized if there's no changes to begin with. People must realize that in any business there's should always be a good research behind in order to make sure that you are doing the right thing. Never to relied with things that you are not fully aware of, it will enhance your securities as you go further and developed more skills about this venue of investment.
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TastyChillySauce00
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Leading Crypto Sports Betting & Casino Platform
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December 15, 2019, 04:42:53 AM |
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Well yes that you will be secured from scammers and hackers but you'll miss lots of opportunities and i think it is part of the risk that we're taking when we enter the crypto world, it is our job to research about the project that we're investing with because once we found out that its a scam, we can warn others specially newbies about that specific project that only scams people and you could save other's money by your research.
But many of those opportunities are not real, even if there are thousands of coins in the market that doesn't really mean that you have thousands of options in which you could invest your money, at best you have something like 50 different coins in which you could invest, the rest are scams, bad projects or projects that are copying other coins. So I do not really feel like I'm missing anything because I can invest in the best coin in the market which is bitcoin and in a few other good altcoins like ethereum. Cryptocurrency could be created by anyone and It's the people themselves to choose the most suitable for them and to avoid any fishy project because it's how the whole crypto market was intended to from the beginning and also the reason why bitcoin's code is open source which mean could be forked or duplicated with different name by literally anyone with programming ability. as you said, despite the overall cryptocurrency released amounts thousands there are only very few that are worth to put our attention intoand it's because there's no filter to which project or coin could pass to the public. It's the individual and the community to decide which by showing their support to their favourable coin and ignore the rest.
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Kemarit
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December 15, 2019, 07:50:50 AM |
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Some of the advantages of crypto is used by scammers around the world in order to scam innocent people. We have already heard about the ransomware asking money with only BTC, even MLM creators are using BTC to scam people so that they cannot trace. Newbie traders, who wanted to get into the crypto wave and make some money will be scammed and get stuck with no money. Recently I came across a scam with Pyramid scheme structure, making referrals and earning with it.
Scammers, hackers, phishers, drug syndicates, you name it, everyone is here to milk other's people money and that is the reality and this is a ongoing battle. And as long as crypto exists and there are a lot of gullible individuals, specially greedy ones, these cyber criminals are going to stay here. You just have to look at the Scam Accusations board and you will be shock how clever cyber criminals are. So it's going to be a uphill battle and no matter how many times we warn people, there are still going to be individuals who's going to fall for the scammers trick.
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iv4n
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December 15, 2019, 09:28:39 AM |
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Some of the advantages of crypto is used by scammers around the world in order to scam innocent people. We have already heard about the ransomware asking money with only BTC, even MLM creators are using BTC to scam people so that they cannot trace. Newbie traders, who wanted to get into the crypto wave and make some money will be scammed and get stuck with no money. Recently I came across a scam with Pyramid scheme structure, making referrals and earning with it.
Scammers, hackers, phishers, drug syndicates, you name it, everyone is here to milk other's people money and that is the reality and this is a ongoing battle. And as long as crypto exists and there are a lot of gullible individuals, specially greedy ones, these cyber criminals are going to stay here. You just have to look at the Scam Accusations board and you will be shock how clever cyber criminals are. So it's going to be a uphill battle and no matter how many times we warn people, there are still going to be individuals who's going to fall for the scammers trick. If you look at history you will see that scams have need around as long as people exist. Why crypto scams are global issue and why there are so many of them lately, why criminals use crypto? There are similar questions and answer is always the same, because its better then traditional money. When you think about it its the same reason why we like crypto, its better for money transfers, for security, for everything. Internet scams existed before crypto, some people get burned and they learn a lesson and they learn how to protect themselves on the internet. Crypto is the same thing, you need to learn how to protect yourself and your money.
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sovie
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December 16, 2019, 11:19:44 AM |
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Crypto scams are far from being over and I put the blame of this on investors only. They are the one who blindly invest in scam projects without doing any research and these scams will continue to happen if we are not willing to invest our time and efforts in analyzing the project prior to investing in it.
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Karmakid
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December 16, 2019, 12:12:41 PM |
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Crypto scams are far from being over and I put the blame of this on investors only. They are the one who blindly invest in scam projects without doing any research and these scams will continue to happen if we are not willing to invest our time and efforts in analyzing the project prior to investing in it.
You can't blame the investors alone since it is also the developer's fault for creating a project or a cryptocurrency with false promises and information just to gather and steal money from other people. We should implement a strict regulation on each new projects to ensure that all of the upcoming projects are really legit.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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December 16, 2019, 12:45:02 PM |
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Crime is always there where is money, so cryptocurrencies are not exception. All we can do to prevent crypto related scams is education. Users needs to be aware that new sophisticated frauds appear all the time and need to learn how to protect themselves. Only prevention can work because once you become victim it might be too late and chances to recover your funds or personal data are relatively snall.
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doomistake
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December 16, 2019, 04:20:39 PM |
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Crypto scams are far from being over and I put the blame of this on investors only. They are the one who blindly invest in scam projects without doing any research and these scams will continue to happen if we are not willing to invest our time and efforts in analyzing the project prior to investing in it.
Shame on you for victim blaming. Haven't you think about it that is the bad people who should be blame for being too lazy to stretch their bones to work, their sweat, and not to scam people? oh well, maybe you're in favor to them. Let me give you an example, you are walking alone at night in your street, then suddenly someone snatched your phone, I guess you are the one to blame because you walk alone and didn't even think that it is dangerous at night in streets, but no, it is not your fault, you didn't want that to happen because you it is an accident, you didn't see it coming, same for those people who have been scam.
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luppecuppe
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December 16, 2019, 11:39:54 PM |
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Only cryptocurrency scams should not be considered. Because there are many fraud crimes in the current economic system. There's a new money model and scammers are coming here. There's something funny about it. Investors who invest in this market need to be more knowledgeable.
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senne
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December 17, 2019, 07:22:35 AM |
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Only cryptocurrency scams should not be considered. Because there are many fraud crimes in the current economic system. There's a new money model and scammers are coming here. There's something funny about it. Investors who invest in this market need to be more knowledgeable.
I agree scams are everywhere! Then why to target cryptos as such. But the problem is cryptocurrency gives many potential ways to scam people. Since, people are not that much digitally literate, scamming them become really easy. It is easy to hack a wallet or manipulate people into giving their pvt keys. In cryptos , people usually forget that they are responsible to safeguard their own funds and there isn't much what center authorities can do. That's the problem and that's the reason behind the ever increasing scam rates in cryptos.
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bettercrypto
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December 17, 2019, 09:55:41 AM |
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Until now, problems related to scams became a global issue, because scammers are everywhere. Not only in the crypto world. But strangely, the deception that occurred in the crypto world was more in the spotlight in the eyes of the world, therefore ICO projects were a scam, become negative effect on the crypto world. We as crypto supporters must try to educate newbies so we can avoid scam, because there are many newbie victims of fraud. I hope next year the number of victims of fraud can be reduced drastic, because I'm starting to see now that people are good at distinguishing between real and fake projects.
This is really normal in our current era. More fake, frauds and scams. Many people are fooling others just to get money. The world is really a sinful place. And crypto industry has numerous fraudulent and criminal people, actually there are more scammers around this than in real world. Fake projects and fraud ICOs are countless. They are destroying the sense of cryptocurrency and blockchain.
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supercanada1
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December 17, 2019, 04:26:41 PM |
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Crypto scams are far from being over and I put the blame of this on investors only. They are the one who blindly invest in scam projects without doing any research and these scams will continue to happen if we are not willing to invest our time and efforts in analyzing the project prior to investing in it.
This is really a fault on the part of investors as they are incapable of selecting real projects for their investments and end up with scams. Before investing our hard earned money into crypto projects, we shall at least check reviews about it on the famous forums or crypto sites. I never try to invest into newly launched projects because of doubts on its credibility. I simply prefer going with few months old projects.
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Boov
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December 17, 2019, 07:38:56 PM |
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This is really a fault on the part of investors as they are incapable of selecting real projects for their investments and end up with scams. Before investing our hard earned money into crypto projects, we shall at least check reviews about it on the famous forums or crypto sites. I never try to invest into newly launched projects because of doubts on its credibility. I simply prefer going with few months old projects.
It is hard to say but yes, investors are the one who are responsible in everything, they need to research first the project they are aiming so that they will be no situation that they are losing their money due to wrong decision that they invested in wrong project and they run.
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