Scammers, the biggest crypto problem

[totoy4741]

Indeed, scammers do tremendous damage to cryptocurrency. Starting from the theft of bitcoins from exchanges, ending with the creation of fake ICO projects. I myself got into such projects. Since then, I participate only in IEO projects.

That is actually true why ICO has died off because of scammed projects that scammers put up. Investors have been acting cautious in getting into an ICO events in order to avoid any possible scam that might steal their hard earn money. And I don't thinks that only scammers is the problems there some cases but scammers might be the biggest problem in crypto market.

[mezzaluna]

It is not just scammers that are the problem in the Cryptocurrency Industry. Some problems are easy to solve if you are aware of the fact that we can always do background checks on some Projects or Persons running that project. Another problem is the lack of knowledge and just the fact that people want easy money. Money is always something that we need to work for and it is not given for free. Scammers scam because of the fact that they know people would do anything for money but even though we are like that, we just need to be vigilant at first. We need to be knowledgeable to avoid scammers and in that way, we can lessen the problems arising.

[Gunday_07]

It is not just scammers that are the problem in the Cryptocurrency Industry. Some problems are easy to solve if you are aware of the fact that we can always do background checks on some Projects or Persons running that project. Another problem is the lack of knowledge and just the fact that people want easy money. Money is always something that we need to work for and it is not given for free. Scammers scam because of the fact that they know people would do anything for money but even though we are like that, we just need to be vigilant at first. We need to be knowledgeable to avoid scammers and in that way, we can lessen the problems arising.

Doing research can't solve scammers issue in crypto space, no matter how careful you are you can't still get into scammers trap, it can only be reduced if every new crypto lovers start learning how to avoid getting scammed, we are responsible for our own safety in crypto space

[poodle63]

Indeed, scammers do tremendous damage to cryptocurrency. Starting from the theft of bitcoins from exchanges, ending with the creation of fake ICO projects. I myself got into such projects. Since then, I participate only in IEO projects.

It's not all IEOs can be trusted by anyone. The fact that only IEOs that came from trusted platform that can be trusted by us. We are all ignoring IEOs that has come from the crap exchange site especially when it will be launching its IEO on p2p or latoken.
It will actually become a scam token.

[PerfectCircle]

Its not the scammers but its the problem of the market and lack of investors that are doing investments, and of the reasons why is the projects that operating now is not good and an bring profits so this is the reasons i think.

You said the problem is the market and lack of investors, what ruined all that? Isn't it the scammers? Remember how great crypto space was in 2017 with ICO projects? The reason why crypto is like this today is because of scammers, many investors lots of money to scam projects and they quit, though not all of them but many did

[Slash61]

It's not all IEOs can be trusted by anyone. The fact that only IEOs that came from trusted platform that can be trusted by us. We are all ignoring IEOs that has come from the crap exchange site especially when it will be launching its IEO on p2p or latoken.
It will actually become a scam token.

there are many IEOs on the new exchange and even one with a bad reputation. when there are projects like that then we don't need to believe they will succeed. the team might be able to claim sales success. but the reality on the market will prove that they will soon run off investors' money.

[Anonylz]

Just like i used to include in my points that scammers is the main problem crypto is facing presently i come across this news on the internet today about how scammers keep on contrarily influence the digital currencies. As indicated by Changpeng Zhao, the CEO and originator of Binance, there are in excess of 1,500 Binance con artists on the expert informal community LinkedIn. The quantity of Binance scammers on LinkedIn can in the end arrive at 1,605. Now imagine how big scammers are damaging crypto

Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/

Unfortunately this is the problem the crypto community is facing, there are many scammers in crypto to point that any little mistake can cost you a lot if care is taken, they are ruining the image and trust of crypto, people are now scared to take part because of either past experience or something they read from the internet, there are all sort of scams now, people have to be extremely cautious about participating in anything relating to crypto.

[ije07]

Because crypto is like a money field, anyone can easily benefit from a crypto investment or project, especially if you have expertise that is rarely possessed by others, including in the blockchain field, so you can easily commit fraud through crypto. On the other hand fraud will always exist in this industry and anyone must be careful before making any decision regarding crypto.

[Rowenta]

The problem starts with ICO scam projects, I doubt if we are ever going to see huge investors like we did in 2017 without regulations, people need something to hold on to now before investing in crypto, they need something to blame. 

[Hellkas]

Cryptocurrency sphere is quite new for most people around the world, so some of them don`t even know simplest cryptocurrencies` features and its goal, so they can easily be deceived by dishonest people. I think the main problem of such big amount of scammers in cryptoworld is people`s ignorance. We can fight it only telling  people truth about cryptocurrency and blockchain.

[joinfree]

Unfortunately, that is one of the major setbacks in this industry and this has dragged the name of the crypto industry in mud regardless of all the good worldwide use cases that are being developed across the globe. I am hoping that once mass adoption kicks in this perception about the crypto industry will be eradicated with time.

[adzino]

I totally agreed. With the appearance of cryptographic forms of money, there are a great deal of tricksters and scammers here. This is fundamentally because of the way that they are sure about their exemption. Furthermore, it isn't known when government offices will start to arraign such individuals and whether this is conceivable, in light of the fact that digital forms of money are mysterious. Most of the scammers using the platform social media posts of reputed company as a comments through with Btc address, if you send .5 btc to this address you will get 10 btc worth of that platforms coin. most of the users unaware send them .5 btc. they will absconded.

Sad to see how you and others are agreeing to the topic. Scammers are everywhere. What about those scammers that scam using your fiat money? You guys are acting like people now use only bitcoin or other crypto currencies to scam others.
If someone is this stupid for falling for scams like money multiplier, then they deserve to get scammed.

[poodle63]

The problem starts with ICO scam projects, I doubt if we are ever going to see huge investors like we did in 2017 without regulations, people need something to hold on to now before investing in crypto, they need something to blame.  

We will see that happen for the second time and that needs more time to make everything is safe. There was also a bunch of scammers in our life too. Life is about how smart you are to avoid the scammers. Everyone needs more knowledge and when they are very smart to avoid the scammer and the projects created by scammer will be dead too.

[Kasabus]

I totally agreed. With the appearance of cryptographic forms of money, there are a great deal of tricksters and scammers here. This is fundamentally because of the way that they are sure about their exemption. Furthermore, it isn't known when government offices will start to arraign such individuals and whether this is conceivable, in light of the fact that digital forms of money are mysterious. Most of the scammers using the platform social media posts of reputed company as a comments through with Btc address, if you send .5 btc to this address you will get 10 btc worth of that platforms coin. most of the users unaware send them .5 btc. they will absconded.

Sad to see how you and others are agreeing to the topic. Scammers are everywhere. What about those scammers that scam using your fiat money? You guys are acting like people now use only bitcoin or other crypto currencies to scam others.
If someone is this stupid for falling for scams like money multiplier, then they deserve to get scammed.

Scammers are very rampant everywhere not only in crypto market but even in fiat too. If they can see chances to exploit money from other people, they will surely use their best strategies to make it possible. But in crypto, we can still make some precautions to avoid being scam and that is to be responsible of our own account. We should always secure the privacy and security of our own accounts and be careful to keep our own passwords secretly.

[Iyanu14]

Just like i used to include in my points that scammers is the main problem crypto is facing presently i come across this news on the internet today about how scammers keep on contrarily influence the digital currencies. As indicated by Changpeng Zhao, the CEO and originator of Binance, there are in excess of 1,500 Binance con artists on the expert informal community LinkedIn. The quantity of Binance scammers on LinkedIn can in the end arrive at 1,605. Now imagine how big scammers are damaging crypto

Full news here
https://usethebitcoin.com/beware-of-crypto-scammers-1500-scammers-impersonate-binance-on-linkedin/

Honestly, scammers are very big challenge that the crypto space is facing.  They are on increase on a daily basis; bounty campaigns, airdrops, trading and lots more. So hard to trust anyone in the space  now, which is not suppose to be.  I don't think this can be eradicated, we just have to be more careful and lessen our greed as much as possible.  If scammers are getting reduced customers, I think their activities will subside.

[gwaposakon]

Indeed the presence of scammers pushes away possible crypto supporters. I think that is why many governments are considering regulation to protect people from scammers. But I also think that crypto users should be more vigilant in their activities so they will fall victim to scams.

[Republikcoin.com]

Indeed the presence of scammers pushes away possible crypto supporters. I think that is why many governments are considering regulation to protect people from scammers. But I also think that crypto users should be more vigilant in their activities so they will fall victim to scams.

Until now, scammers are indeed very difficult to stop. it's just that, we have enough experience in choosing projects that look really scam nowadays because of the many oddities found in a whitepaper from a team. it's just that, we are still difficult to identify a scam project when the sale has been completed. until now, the problem still persists.

[Bezobraznike]

Indeed the presence of scammers pushes away possible crypto supporters. I think that is why many governments are considering regulation to protect people from scammers. But I also think that crypto users should be more vigilant in their activities so they will fall victim to scams.

Until now, scammers are indeed very difficult to stop. it's just that, we have enough experience in choosing projects that look really scam nowadays because of the many oddities found in a whitepaper from a team. it's just that, we are still difficult to identify a scam project when the sale has been completed. until now, the problem still persists.

    I agree with you until some point, but scammers are not new. They existed before crypto-currencies and they will probably
exist as long as world lasts. They are simply people who learned to live that life, to not work and be honest, to earn money
fast and probably to spend that money even faster.
   Like many people said before, only with education of individuals we can see less scammers. When people know things they
are careful and they don't get trapped easily.

[giammangiato]

Scammer are always the problem, but in everything there is something of bad! Last week I was contacted by telegram by several scammers that proposed to me fantastic gains or play in some tarot gambling sites. Pay attention to this kind of proposals and remember noone will contact you in private message for propose to you to became rich!

[Skinny48]

I know that regulations can't fix crypto scam issue but there should be some better platform that can take things very serious with new projects, imagine someone that's very capable like binance CZ who would go to any lent to avoid allowing any scam projects on his exchange