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Author Topic: Teams showing real faces to public can still scam you  (Read 1061 times)
ringgo96
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October 15, 2019, 07:10:08 AM
 #81

Ofcourse they can, because they scam people outer their country and tho one who they scammed are the one who don't know them.
And also it's cryptocurrency, very few country have a regulation and have a formal policy for this. And they are free to scam anybody and the victims is cannot ask for a justice
One more thing. that the investigation of scammers is not like any other crime. and it's rare if we see a large number of scammers being caught or revealed to the public. and very regretted because this crime should be reduced not just growing. and until now I have rarely encountered a disclosure of a scammer case to the public

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October 15, 2019, 07:12:54 AM
 #82

Social media ICO twitter or Facebook never update live streaming with description about the ICO goal for the future by team, they never show live their face to the investor, will be an ICO use fake team picture in their website or not, if team are real why they never make live discussion in Youtube ICO channel and never want to live their face with social media account like Facebook and Twitter? I need to see team ICO is real and owner is not fake to trust invest with ICO project.

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October 15, 2019, 07:19:54 AM
 #83

There are so many scam projects that is creating disturb in the crypto-market. I believe investors should wisely select projects. Scams projects are killing good projects. We can check project by market trend before investing money but some initial steps should taken against scams projects.
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October 15, 2019, 07:44:47 AM
 #84

Showing pictures and attending cryptocurrency seminars has been a strategy that really worked for a lot of projects that turned out to be scam. ProFish is an example of such projects.
Yes some projects even goes next level by uploading a picture with some famous persons in crypto and calling them as advisors or to lure investors. 'cartaxi' is an example here, they posted a photo with vitalik buterin. Some users thought vitalik is recommending this ICO.

 
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October 15, 2019, 07:47:28 AM
 #85

It's really possible and we can't deny the fact that even our trusted people and those who are showing legitimacy could still scam us. Everything is possible and crypto and most people are tempted to commit a scam. However, there are still people who are genuinely and honestly offering generous rewards.
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October 15, 2019, 07:49:25 AM
 #86

They definitely can as crypto is still the wild west of the financial sector, so those people tend to get away without much consequences for their actions. That being said, I especially enjoy watching footage of person-to-person confrontations between these CEOs (and other staff) and disgruntled investors at conferences and other crypto events. Its just so damn satisfying.
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October 15, 2019, 08:05:53 AM
 #87

Definitely

I mean era changes.
People don't really care about their identity anymore even it they commit fraud
Furthermore, don't always trust faces that is listed/published on websites/journals

They can use people's name and claim its theirs
Always becareful with something that you have putting money in
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October 15, 2019, 08:15:16 AM
 #88

Now scammers are rampant, they are not picky looking for victims. And they are increasingly daring to surface. Now in the world of crypto again tested with many project scams, therefore don't trust too much about a project. Although the project looks real with photos and videos shown their teams. For the sake of money scammers will do anything to convince his victims, so returning to each of us must be able to filter. Should more careful in choosing projects. Check everything carefully, don't miss them. If you find just a little strange, leave the project.

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October 15, 2019, 08:45:38 AM
 #89

They definitely can as crypto is still the wild west of the financial sector, so those people tend to get away without much consequences for their actions. That being said, I especially enjoy watching footage of person-to-person confrontations between these CEOs (and other staff) and disgruntled investors at conferences and other crypto events. Its just so damn satisfying.

Indeed the cryptocurrency market can be said to be like wild wild west because there is no regulation from the government. If regulations from the government already exist, I think law enforcement can punish them but because of the absence of regulations, it is difficult to ensnare them and bring them to justice
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October 15, 2019, 08:59:42 AM
 #90

They definitely can as crypto is still the wild west of the financial sector, so those people tend to get away without much consequences for their actions. That being said, I especially enjoy watching footage of person-to-person confrontations between these CEOs (and other staff) and disgruntled investors at conferences and other crypto events. Its just so damn satisfying.

Indeed the cryptocurrency market can be said to be like wild wild west because there is no regulation from the government. If regulations from the government already exist, I think law enforcement can punish them but because of the absence of regulations, it is difficult to ensnare them and bring them to justice
That's the risk when you deal inside this types of investment, there's no government who holding any jurisdictions and scammers can easily work around inside the market. Even they shown their identity it's easy for them to denied everything once being caught. Scammers are good they already
master the artistry of finding victims and easily get supports from those who are not aware with this act of scamming.

There's a wild out there better to learn how to work  with those potential scam projects.

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October 15, 2019, 09:05:53 AM
 #91

Because no authority can actually go after them even if they show their real faces, they have no reputation to protect, they are more concerned  about what they will generate so they are ready to go any length to convince people to believe in their project,

Now having the real faces of the team behind the project is not enough guarantee to determine the legitimacy of a project, the situation is nauseating.

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October 15, 2019, 09:43:34 AM
 #92

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

There is no definite grip that we can trust in the world of cryptocurrency. A project we can trust if we have started listing on exchangers and have a large transaction volume. New projects are indeed risky because sometimes the developer team runs off funds that come from investors
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October 15, 2019, 02:12:08 PM
 #93

Indeed i agree with you. We should still be wary in projects that we want to invest, even if the team are showing their real faces since we are in the internet even if they showed their faces, we still don't know their locations so, if they want to run away, they can still run away there are 2 projects that turned scam and their team members are real persons this is bitconnect and miracletele
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October 15, 2019, 02:37:58 PM
 #94

This can happen in real life when scammers hold meetings to advertise fraud projects, It's not surprising if they,
  The scammers appear on the internet with their real photos.
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October 15, 2019, 07:13:54 PM
 #95

USI TECH that brought me to my kneels were going everywhere, Dubai, USA, England and other places. They even claimed to have a large mining farm and created TechCoin which they sold to the public, I never bought their coin because it was a fraud. Today it's an history. Trust team at your detriment.
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October 15, 2019, 07:15:23 PM
 #96

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too
You talking about that annual ceremony held at Thailand by Bitconnect right? As far as I know, none of the key peoples involved in the development were present over there. If you are talking about Carlos Matos (the meme guy), he was if I recall correctly was just an investor who was promoting bitconnect.
I would say at least if all those main team and developers remain totally public, there is a high chance they won't be scamming anyone. But like you said, you never know. They can scam away the money and escape all legal penalties.

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yulchatar
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October 15, 2019, 07:41:29 PM
 #97

With the development of social networks and the Internet as a whole, it has become very easy to steal someone’s identity, because all information about a person is available to everyone. And for experienced scammers this is not a problem at all. Especially when huge amounts of money are at stake.
red4slash
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October 15, 2019, 08:15:36 PM
 #98

With the development of social networks and the Internet as a whole, it has become very easy to steal someone’s identity, because all information about a person is available to everyone. And for experienced scammers this is not a problem at all. Especially when huge amounts of money are at stake.
means that if they can do that then investors should do an analysis of the team that is in it. therefore many references to find a team that is experienced in this case investors can reduce the suspicion about falsification of identity within the team. but it needs to be recognized again that an experienced team may not necessarily be able to bring the project to develop properly

R


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SistaFista
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October 16, 2019, 01:13:22 AM
 #99

Yes, we cannot sure whether the project is real or scam just from the team's face.
Due diligence is always required for investors who want to invest on cryptocurrency project.
I think investing in IEO on a good cryptocurrency exchange is the best option to avoid scam project now.

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NewRanger
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October 16, 2019, 01:49:53 AM
 #100

Yes, we cannot sure whether the project is real or scam just from the team's face.
Due diligence is always required for investors who want to invest on cryptocurrency project.
I think investing in IEO on a good cryptocurrency exchange is the best option to avoid scam project now.
although they show their real face they could do exit scam with another ways.the most thing that usually did was let projects die when already listed on exchanges.even in IEO projects could happen on this way.moreover if they launched on unreputable exchanges with low trading   volume.
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