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Author Topic: Scammers are to be blame  (Read 2000 times)
IvugeoEvolutionCoin
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October 20, 2019, 05:52:43 PM
 #161

in my opinion the biggest problem in cryptocurrency now is scammers. they always have ways to commit fraud and we cannot avoid this because there are no institutions that can punish these scammers. and this is one of the risks we must face when entering the crypto market. but lately there is good news about IEO hopefully this will be a good solution. IEO provides a sense of security for investors.
I like your last line, "IEO provides a sense of security for investors". This is true, but scammers still take advantage of IEOs on exchanges without reputation, to scam gullible investors. We all just have to be very careful, don't get excited with IEO without doing proper due diligence to avoid regrets. Regulations can only reduce scammers but definitely can't eradicate them completely from crypto space.

 
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October 20, 2019, 06:00:35 PM
 #162

It is the main reason why most ICOs failed after numbers of ICO scammed a lot of investors, crypto had been tainted with a bad image as a scam. A lot of scam developers created a scam project since conducting an ICO is not that strict and they don't have to comply with any requirement, just a good team, a plagiarized white paper and good marketing strategy.

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October 20, 2019, 06:30:08 PM
 #163

Really if there is any way to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.

If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that I really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust
We cannot actually clear those people off easily. There are lots of scammers here, we can recognize them by the steps they do and we can also eliminate them by reporting them into the administrator/manager. But in terms of wiping them out, I don't really think we can do that. I believe that they are to blame for making the community worst, they are taking advantage of other people just to earn money. That is not fair. We are here to earn and to support crypto but I think the only way we should do is be careful of every step we take. And we should not trust anyone. You should be alert because your money is involved.
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October 20, 2019, 06:40:55 PM
 #164

Unfortunately, there are more scammers becoming, and they are becoming smarter and more cunning. In pursuit of big money, they are ready to spend time to invent new loopholes and deceive newcomers and gullible investors. Therefore, it is important to be careful and check everything a hundred times so as not to feed an another deceivers.
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October 20, 2019, 07:35:15 PM
 #165

It is certainly true that the crypto world has attracted many scammers, and that this has made it a fragile and insecure market.
I think that most projects, however, did not fail because of bad faith, but simply because of incompetence: many people believed they could get rich, but they didn't realize how difficult it is to manage such a project.

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October 21, 2019, 09:49:16 AM
 #166

No matter how many scammers are here in crypto space lets keep focusing on selecting good projects i belief that one way or the other we will get paid of our endurance on day, investors are getting more smart and only newbies are falling victims because they don't want to learn but its only a matter of time before scammers will have nothing left to use for deceiving people, they will surely run out of tricks

Campaigns who are turning into scams will really come out of nowhere no matter what year we're at, regardless if it's an ICO, STO, or IEO generation. It's either they'll end up as an exit scam or a dead coin not meeting any of their promises even though they had successful token offering. We can no longer trust word of mouth from famous personalities too, John mcafee endorsed an ICO scam last 2018 which is now awaiting court decision. That will tell you that you should still do your own research and not rely on news.

Sentiments and news drives a lot of what's happening in crypto and we have to play it smart and minimize our losses as much as we can.
This is for sure that no one of us likes scammers and indeed they are a big trouble for honest investors. Moreover, the number of such fraudulent is also increasing with the passage of time. I think it is best to not go for the new coins and stick with bitcoin or good altcoins that have proved their capabilities and reliability. Scammers are not a problem of digital world only.

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October 21, 2019, 11:27:10 AM
 #167

Unfortunately, there are more scammers becoming, and they are becoming smarter and more cunning. In pursuit of big money, they are ready to spend time to invent new loopholes and deceive newcomers and gullible investors. Therefore, it is important to be careful and check everything a hundred times so as not to feed an another deceivers.
very often people forget about simple safety rules and this becomes the main reason why scammers manage to do their job.

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October 22, 2019, 03:37:19 AM
 #168

Scammers are keep growing over time. People are so greedy and they deceive other for their own satisfaction. In order for us to protect our money, we should equip knowledge adn we should not let our guard down.
Scammers are important to blame because  they are the one who take advantage of New investors  so better make research and then join any site to make investment. So instead of blaming other better to be careful about yourself as it is useless to cry over spot milk it’s good to be careful keep your eyes open while investing and avoid scamming sites.
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October 22, 2019, 03:53:46 AM
 #169

there is no one to blame .. i can even argue that Scammers are the ones who drive the adoption
and a lot of people made money from these scams just by investing in it, without being envolved
if scammers dont make hype, there would be much less people in this space
everything is just how it should be
every market has its scammers believe me institutions are the biggest scammers
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October 22, 2019, 03:59:33 AM
 #170

yes scamers are always around us and they will never stop to commit project fraud as long as regulations / criminal acts on the crypto market are not implemented, maybe regulation is a good way to reduce scamers. and I think it's true that scamers are the main culprits to blame, and for users to be more selective before doing anything on the crypto market.
Even crypto regulations are already implemented, we can't still wipe-out these scamming activities. Not only regulations could help to minimize that scam but it is our individual detection on such activities. Many people get scammed cause they just let it happen with them. Cause if they are aware of what the people say's and also they know how to point scam projects, it absolutely scammers never succeed.

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October 22, 2019, 04:21:43 AM
 #171

yes scamers are always around us and they will never stop to commit project fraud as long as regulations / criminal acts on the crypto market are not implemented, maybe regulation is a good way to reduce scamers. and I think it's true that scamers are the main culprits to blame, and for users to be more selective before doing anything on the crypto market.
Even crypto regulations are already implemented, we can't still wipe-out these scamming activities. Not only regulations could help to minimize that scam but it is our individual detection on such activities. Many people get scammed cause they just let it happen with them. Cause if they are aware of what the people say's and also they know how to point scam projects, it absolutely scammers never succeed.

yes, your opinion is very good. indeed it is very difficult to eliminate fraudsters from the current ico project. in my opinion the scammer will always be in the newly emerging ico, because the fraudsters are looking for income from the job. maybe they get a lot of benefits from work like that. I totally agree with you if there are many people who tell and show scam projects. maybe in that way, will reduce the level of fraud that occurs.

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October 22, 2019, 05:02:58 AM
 #172

yes scamers are always around us and they will never stop to commit project fraud as long as regulations / criminal acts on the crypto market are not implemented, maybe regulation is a good way to reduce scamers. and I think it's true that scamers are the main culprits to blame, and for users to be more selective before doing anything on the crypto market.
Even crypto regulations are already implemented, we can't still wipe-out these scamming activities. Not only regulations could help to minimize that scam but it is our individual detection on such activities. Many people get scammed cause they just let it happen with them. Cause if they are aware of what the people say's and also they know how to point scam projects, it absolutely scammers never succeed.

yes, your opinion is very good. indeed it is very difficult to eliminate fraudsters from the current ico project. in my opinion the scammer will always be in the newly emerging ico, because the fraudsters are looking for income from the job. maybe they get a lot of benefits from work like that. I totally agree with you if there are many people who tell and show scam projects. maybe in that way, will reduce the level of fraud that occurs.
Must be followed up because fraud is very detrimental to many people and must really be applied with criminal law.
I strongly agree with that idea to provide a deterrent effect for those who want to become a con artist in cryptocurrency

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supercanada1
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October 23, 2019, 02:33:41 AM
 #173

Investors believe in IEO like Binance because it already has the legality and a real team. Different from the lively ico there is a good one and some are deceiving. They seemed to manipulate the team so that in case of fraud they were not sought. Altcoins will be hard to climb because of that, it is hard at minimalizing nowadays.
So investors now prefer the more secure IEO than the risk of fraud.
When the bait is obvious, never take it. The whole reason behind scammers giving good offers is to attract investors and make them give away their money. Whenever the reward is extraordinary sweet, just skip it. In my opinion, it is not scammers but the person who is scammed to be blame as he must be smart enough to not get caught into such tricks. Choose the best options like bitcoin or ethereum.
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October 23, 2019, 04:20:09 AM
 #174

When the bait is obvious, never take it. The whole reason behind scammers giving good offers is to attract investors and make them give away their money. Whenever the reward is extraordinary sweet, just skip it. In my opinion, it is not scammers but the person who is scammed to be blame as he must be smart enough to not get caught into such tricks. Choose the best options like bitcoin or ethereum.
Like the too good to be true explanations and returns, don't bite it and don't fall for the trap. Those coins that you've said are the best coins to invest, these scammers will eventually realize that when most of the investors are aware of their existence and they can no longer fool the majority, they will try harder or just leave us alone but as long as there are soft investors that are biting those baits and always think about too big rewards, they will look for a way to continue.

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ardentvolcanoes
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October 23, 2019, 04:32:01 AM
 #175

When the bait is obvious, never take it. The whole reason behind scammers giving good offers is to attract investors and make them give away their money. Whenever the reward is extraordinary sweet, just skip it. In my opinion, it is not scammers but the person who is scammed to be blame as he must be smart enough to not get caught into such tricks. Choose the best options like bitcoin or ethereum.
Like the too good to be true explanations and returns, don't bite it and don't fall for the trap. Those coins that you've said are the best coins to invest, these scammers will eventually realize that when most of the investors are aware of their existence and they can no longer fool the majority, they will try harder or just leave us alone but as long as there are soft investors that are biting those baits and always think about too big rewards, they will stay.
It's all about lying falling to this sweet promises will turned to sucking all your investment. Never to fall or believe in any kind of those promises.

You need to work with good knowledge and understand the reason why you will going to invest your money. Many people fall because of lack of information
with project and just dive in without understanding.
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October 23, 2019, 04:47:01 AM
 #176

When the bait is obvious, never take it. The whole reason behind scammers giving good offers is to attract investors and make them give away their money. Whenever the reward is extraordinary sweet, just skip it. In my opinion, it is not scammers but the person who is scammed to be blame as he must be smart enough to not get caught into such tricks. Choose the best options like bitcoin or ethereum.
Like the too good to be true explanations and returns, don't bite it and don't fall for the trap. Those coins that you've said are the best coins to invest, these scammers will eventually realize that when most of the investors are aware of their existence and they can no longer fool the majority, they will try harder or just leave us alone but as long as there are soft investors that are biting those baits and always think about too big rewards, they will stay.
It's all about lying falling to this sweet promises will turned to sucking all your investment. Never to fall or believe in any kind of those promises.

You need to work with good knowledge and understand the reason why you will going to invest your money. Many people fall because of lack of information
with project and just dive in without understanding.
Lot of juicy and extraordinary bonuses are some the bait used as a trap to scam unsuspecting investors of course many investors wanted huge profits from a substantial investment thus falls to scammers crypto ecosystem is not regulated thus requires cautions I can never fall for those cheap bait based on my knowledge in the system I will rather prefer investing in reputable and trusted cryptos such as bitcoin, ethereum and litecoin and hodl to avoid any touching stories of scam.

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October 23, 2019, 04:53:47 AM
 #177

It's all about lying falling to this sweet promises will turned to sucking all your investment. Never to fall or believe in any kind of those promises.

You need to work with good knowledge and understand the reason why you will going to invest your money. Many people fall because of lack of information
with project and just dive in without understanding.

We should blame all lazy users who did not gain info's about the project of scammers? For me, Yes. if they still there scammers will continue what they doing and they dont mind whether who is the victim. as long as there are investors who invest in them. we can't help them as long as they can't help their selves. they should learn proper way to not loss their own funds. no one can bring to them back of what they lost.

Watch out for this SPACE!
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October 23, 2019, 06:33:09 AM
 #178

It's all about lying falling to this sweet promises will turned to sucking all your investment. Never to fall or believe in any kind of those promises.

You need to work with good knowledge and understand the reason why you will going to invest your money. Many people fall because of lack of information
with project and just dive in without understanding.

We should blame all lazy users who did not gain info's about the project of scammers? For me, Yes. if they still there scammers will continue what they doing and they dont mind whether who is the victim. as long as there are investors who invest in them. we can't help them as long as they can't help their selves. they should learn proper way to not loss their own funds. no one can bring to them back of what they lost.

Scams can occur because there is an intention from the developer team and investor ignorance. Investors should be more observant and careful in choosing a project and I think this is a common mistake because there is no clear regulation on ICO or fundraising for new projects.
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October 23, 2019, 06:40:13 AM
 #179

scammers are definitely a large issue for the crypto world, and they have hit so hard in the past that at this point it is difficult to gather trust
But I think this is a natural process that is part of any tech revolution... the ones that are savy taking advantage of the ones that ignore...
I think scammers will tend to decline when more and more people join crypto space and start to learn about stuff... it will get more and more difficult to scam...
binance has managed to hold a very good reputation and it is using it Wink

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October 23, 2019, 06:43:52 AM
 #180

Scammers took cryptocurrency as another way to earn on their own illegal actions. The fact is, we can't eliminate them because, in every industry, where there is money involved, there will always be scammers. Since we can't erase them in the crypto world, we just have to avoid and get rid of them. We should do a series of research first upon joining or investing. We should be observant and if there's something to doubt about, we have to check their legitimacy.
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