Scammers, the biggest crypto problem

[fabiola!]

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/

Tell me in which industry there are no scammers? each and every field have their own set of a con artist to steal from you
but as the crypto space is so huge and  high risk and volatility new investors don't tend to study properly and believe fast whatever looks attractive
so always be prepared and study thoroughly about each and every new coin, project & investment you make

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1714627779

[Icologies]

nothing can disappear scamers from the crypto world scamers are very neat and hard to figure out I'm tired of getting scamers from the bounty
can only be silent and remain optimistic that someday will get big results and avoid scamers

[Bossfidelity]

There's no doubt that scammers have been a menace to the cryptocurrency community. Their impression as it relates to reputation is disastrous. Several cryptocurrency exchange have been hacked in recent times and binance is not left out. I read that Eterbase Exchange was hacked earlier this week. Its quite unfortunate that nothing much has been done to prevent the occurrence of those issues.

[bobyhodob]

nothing can disappear scamers from the crypto world scamers are very neat and hard to figure out I'm tired of getting scamers from the bounty
can only be silent and remain optimistic that someday will get big results and avoid scamers

If you talk about bounty campaigns, there are indeed a lot of scammers who try to make the participants of the bounty campaign look stupid, it's better if you want to participate in the bounty campaign then you can look for a bounty campaign that is willing to make payments using bitcoin or at least has provided the promised allocation to bounty manager so that there will not be a scam and does not make the participants disappointed.

[glowing10]

Due to increasing scam projects, investor are loosing their confidence on new projects and due to which projects even which are genuine, are failing. This in turn taking the mindset of investors and market in negative direction.

New investors or people who have less knowledge and are at very initial stage hearing all such news leads to a very negative impression on their mind as then they start relating crypto is bad, all wrong doing are happening, people are being getting scammed easily etc. Also, quite a few governments also do not make it legal because of such things.

[lebregone]

Scammers are everywhere as many will surely try their luck by earning an easy money by either scamming or hacking if they have some deep knowledge about blockchain and they want to use it in a bad way.

Scammers are already existing even if the crypto was not there yet so this problem is quite old already and there is a very less chance that it can be stop. It can be lessen but
those greedy people will not stop so we can really say that they are the biggest problem to crypto lovers and investors. What we can do is to avoid them at all cost.

[Lantind]

nothing can disappear scamers from the crypto world scamers are very neat and hard to figure out I'm tired of getting scamers from the bounty
can only be silent and remain optimistic that someday will get big results and avoid scamers

Yes, it is very clear that eliminating scammers in the crypto world is very difficult and even impossible, because the scammers were born based on their intentions and the opportunities that they always take advantage of in every condition.

[Saisher]

nothing can disappear scamers from the crypto world scamers are very neat and hard to figure out I'm tired of getting scamers from the bounty
can only be silent and remain optimistic that someday will get big results and avoid scamers

The only way to combat these scammers is to educate ourselves and to know how they exploit and implement their methods , what I mean is we educate ourselves what tools they are using, and what tools we can use to track their activities if they are launching an ICO we can use a plagiarism check to check if they are plagiarism other projects, we can use image tracker to check if they are using fake profile in their team page.
Scammers are good at what they are doing so we have to also equip ourselves with tools on how to combat them

[xOdiumNostrumx]

I only had 2 experiences with scammers in my crypto "career", the latest one sadly costed me a nice bag of ETHs, but hell, I learned my lesson the hard way. The only thing I have been noticing lately is scammers that are filling bounty spreadsheets with bot accounts, its extremely annoying to look at, but imagine how annoying it is for bounty managers who have to weed out all of those thousands entries one by one.

[ArIMy11]

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 of the current time larger number of people uses internet day and night compare before the pandemic.  Many online jobs as well as part time in the internet becomes trending and in demand. Due to that, scammers sees a bigger opportunity to scam people who finds job or part time. Yes crypto is one of the most commonly used is scam due to possible big profit in return.

News regarding crypto scam
https://www.gmanetwork.com/news/news/nation/753370/26-victims-invest-over-p500-000-in-cryptocurrency-scam/story/

Another, I have friend that loves to earn crypto due to my influence but instead of trusting sites that I knew she becomes a victim of different unknown sites.

[preikaler]

Scammers are indeed a disease in crypto and that also cannot be eliminated because scammers will continue to exist, all we can do is how to avoid these scammers, namely by doing a lot of research and not being tempted by the offers they provide

[rahmathidayat93]

Scammers are indeed a disease in crypto and that also cannot be eliminated because scammers will continue to exist, all we can do is how to avoid these scammers, namely by doing a lot of research and not being tempted by the offers they provide

Yes, avoiding scammers is the only way that everyone can do in several ways, either by doing research or otherwise, because scammers will continue to be born with new methods and trends that they always use as the main bait in crypto.

[Wildwest]

What destroys the crypto world is indeed a scamer that is already so large in number, but this problem has no solution to solve it and we are worried that later the value of crypto decreases simply because the scamer is always working on it, for now this problem that must be focused to be lost in the crypto world so that the development of the crypto world will be more visible.

[Ekyfitri]

Scammers are indeed a disease in crypto and that also cannot be eliminated because scammers will continue to exist, all we can do is how to avoid these scammers, namely by doing a lot of research and not being tempted by the offers they provide

Yes, avoiding scammers is the only way that everyone can do in several ways, either by doing research or otherwise, because scammers will continue to be born with new methods and trends that they always use as the main bait in crypto.

whatever is popular there are scammers ready to expand their skills to profit. we also have to follow what's going on in the market if we don't want to be trapped by scammers. because they will continue to study the market and the nature of investors.

[khimer_rangers]

as long as money is still a medium of exchange, scammers will continue to exist, because it is an easy way to get money. and I think it will be very difficult for the scammers in the crypto world to disappear better never trust 100% stay always alert.

[escalante28]

Agreed with you that scammers are considered as one of the biggest crypto problems, but don't forget to add hacking also in the problems that crypto world is facing. So we must always be careful with all of these to avoid losing money.

[bxipp]

Not only scammers that we need to worried about but also we need to worried about hacker that always waiting for the moment to grab our private key if we make a mistake in the internet. There was a lot of danger awaiting us if not be careful at what we doing in the internet so better to always watch out and try not to make a mistake while surfing the internet.

[AjithBtc]

Not only scammers that we need to worried about but also we need to worried about hacker that always waiting for the moment to grab our private key if we make a mistake in the internet. There was a lot of danger awaiting us if not be careful at what we doing in the internet so better to always watch out and try not to make a mistake while surfing the internet.

Rather than hackers, scammers are found much in the global cryptomarket. This is all because of the increasing demand for cryptocurrencies. Whenever something gets value, somehow people will try to make money out of it. This is how scammers are found high in the market. Scammers mostly target the newcomers, because they doesn't know about the market.

[hrunya102]

It's just that often an unknown project, which at the very beginning was not needed by anyone, eventually shoots up and flies to the moon, so many newcomers try to find their project and come across scammers

[Kezacky]

yes, scammers are the number one problem here, because I remember when I joined crypto back then in 2019 I lost my capital to a single scammer those who have been scammed knows how it feels, I mean I wasn't only discouraged I was really frustrated, something has to be done immediately about this inhuman act.