A trap of how newbies get scammed

[Finestream]

The introduction itself is already a scam, no one would give free 0.06 btc for just a small amount of deposit, this is very tempting for newbie or ignorant investors but for those who have matured in the market, they've seen many of this kind of scam in the past.

Good thing you share, but actually, it doesn't need one to be an expert to know if the offer is a scam or not.

Too good to be true offer = automatic scam.

[wasalak07]

Thank for the info Bro. It is big help for us being newbie to be aware on investing bitcoin in different kind of site that can scammed on us.

[UserU]

Idk why but most of these scamming schemes have broken English, it's biggest red flag one can have.

Very strange come to think of it. Then it reminded me of some guy who sold his wife for Internet connection, if you've seen the meme before

[gadado]

These are just some of the traps for the newbies there are some news in our local about a ponzi scheme and yet many people do fall for the trick of earning in a just a day or couple of days which is really impossible unless they are illegal.

The number of victims only shows that the cryptocurrency and knowledge about fake and scam investments is very low.

[btc78]

Today I will introduce you a common way/trap how newbies get scammed by some dishonest people. So I will share about a site that I got in the social media.

First, see a screenshot of how the site is promoted in the social media

How greedy the offer is! Free 0.06 BTC. How unrealistic the offer is! So anyone who is newbie and searching for earning ways in the internet can belive this and try to register to get the free money. I have also registered to see and reporting here.

This is the dashboard

The offer is obvious scam for  the  people that have been here for long time or those people that active in interacting about what this market is all about.

But your  right the main target here are the Newbies,Noobs  and Greed people that seeking  for quick money.

with small deposit and you can earn that  big amount of bitcoin?it seems that you are betting in gambling for a chance of winning the jackpot
but this site offers you as legit easy way?

Think 100 times before putting even a penny in this kind  of site.

Thank for the info Bro. It is big help for us being newbie to be aware on investing bitcoin in different kind of site that can scammed on us.

Just always Visit this Board for more Expositions and this is  what we need,because  scammers  now even offer  smaller  profit  to make their scam looks legit.

[Mor254]

These methods have become very old to defraud, and despite that, beginners still fall into this fraudulent process. We must not believe any site that offers unbelievable offers and not to make any deposits in these sites because they are sites that are not sincere, especially if they are new sites.

[DdmrDdmr]

There are facebook groups that are really active with this type of crap such as this one (extra spaces added to avoid direct link being active):

https://it-it.facebook.com/groups    /marketbitcoin/?ref=pages_profile_groups_tab&source_id   

There are hundreds of publications there with “enchantments” such as:

I'm feeling like the happiest person in the world since I get to know and invested with this legitimate platform xxxxxx I'm always receiving my payments successfully.

Your withdrawal request of $16,588.52 (1,52799484 BTC) has been approved …

You can still doubt it while am earning my profits direct to my Bitcoin wallet

Registration fee:$0:00
Daily earning :$1000
Weeky earning $7500 (no “l”)

Despite knowing nothing about stock market, graph/charts or anything about online trading, I still make almost $14,000 profit every seven working days from my bitcoin investment with Manager  xxx

I never really liked bitcoin trading till I met Mrs xxxx, I traded with her and now I’m earning $10,000 from his trading platform weekly it was so unbelievable and I want to recommend her to you all.

The list goes on and on. I mean, who can really resist (getting scammed) right?
 

[bakasabo]

An advice for a newbie and everyone. If someone promises a +100% daily profit - run away from it like from a plague. Specially if they offer just to hold your funds or "work" (trade) using them. I'm 99.9% sure it is a basic Ponzi scheme. There no on Earth a new single project that can give such profit.

See someone offering huge daily profit - make a deep research or spend a day googling it. Or better skip it.

[masulum]

This scam method is practiced by many members in Indonesia. as seen in the screenshot from OP, the top dashboard screenshot is Indodax.com dashboard. And indeed almost all members in the Indonesian bitcoin group do this to deceive someone. Indonesian Hunter and Airdropee love to share these fake screenshots. Those who are newbies will be lured into inbox with the promise of getting profit.

[sujonali1819]

There are facebook groups that are really active with this type of crap such as this one (extra spaces added to avoid direct link being active):

https://it-it.facebook.com/groups    /marketbitcoin/?ref=pages_profile_groups_tab&source_id   

There are hundreds of publications there with “enchantments” such as:

You are right, these are the common sentences in social media mainly some facebook investment/crypto groups.

I want to add some more sentences, such as

I will give you xxxx dollars, post your btc address in the comment. Thanks (site link) for giving me xxxxx dollars in overnight. I am rich now.

In these types of lines the invites don't say people directly to invest money. But the site link critically added.

[tvplus006]

Then the question is why people are promoting this? You get the answer when you go the affiliate page where they said people will get 50% commission. So if your referral deposits 10 dollars you will get 5 dollars. But the reality is you and your referral both will be scammed. So don't try to promote these sites also.

50% commission of whatever who you referred deposits is too good to be true, that's if your referral deposits 1000 dollars, you get 500 dollars, lol, could making money be any easier . The people still referring their friends to this, could it be they haven't tried withdrawing and found out its not possible, or is it just different members of the scam team that's still promoting this scam on social media platforms?

This is how people lose friends because of greed, persuading them to participate in such dubious schemes. But I am sure that no one will get their 50% as a reward for attracting a referral. This is a fraudulent scheme in which no one gets a profit except the owner of the scam.

[Rosilito]

The people still referring their friends to this, could it be they haven't tried withdrawing and found out its not possible, or is it just different members of the scam team that's still promoting this scam on social media platforms?

Or it might be, they were still hoping that something different might turn out for 'em.

This is how people lose friends because of greed, persuading them to participate in such dubious schemes. But I am sure that no one will get their 50% as a reward for attracting a referral. This is a fraudulent scheme in which no one gets a profit except the owner of the scam.

Exactly! Instead of giving their friends some lectures 'bout such stuff, worse is that, they are the first one who would lure their innocent buddy in  , damn this greedy people.

This cycle won't really end, unfortunately. The only thing that would minimize the number of victims here, (as always mentioned) is none other than education 'bout scam thing in general. Thing is, people couldn't care less about some notice, as if they won't be getting involve sooner or someone around with them  .

[taufik123]

This method of fraud is often found in the Facebook Bitcoin Group. The method that has been done very often in my opinion. But with several different variations. Beginners who join the Bitcoin facebook group will certainly ask about the Investment Program like this, because their target is beginners who have just joined or beginners who do not know about the mechanism of what bitcoin is and how to get it. They only see the number of bonus offers that are given.

There are even some members of the PM bitcoin facebook group to me about Funds Deposits made on mining websites which then cannot be withdrawn.

This method also harms many others especially those who have just joined. If we see a post like this you should immediately report it so it will be deleted immediately and not harm others.

[BD Crypto]

It has some difference from typical doubler sites.But this Scammers doing target to the all Bounty hunters and Crypto earners.Just report this post to group admin and Facebook support team.Hope you already did that.
These scammers should be busted regularly.

[Kong Hey Pakboy]

A lot of newbies would really fall for that kind of introduction because it is too good to be true that you could earn free 0.06 btc and with a minimum withdrawal amount of 0.0003 btc. This kind of scams are commonly found on social media sites such as facebook, twitter, instagram, and telegram, that is why we should be careful and help other newbies who are new in bitcoin for them not to get scam.

[Maestro75]

Idk why but most of these scamming schemes have broken English, it's biggest red flag one can have.

It is the same way for me. I thought I was weird observing bad grammar on any site I visit. There were alot of errors in that screenshot and that will piss me off.

[Peanutswar]

Right now it's common with the use of social media most of the scammers right now are active in those platforms because today there are a lot of people right now are on their homes and one of the best thing is to explore on social media and this is a good opportunity to scammers to take a move many people think that this is true because some of them become desperate want to earn money even in this pandemic outbreak, I don't think so why they didn't make any suspicious in those platform giving a huge amount of money by just investing a small amount. If you are in their shoes of developer do you consider this? Of course no so absolutely a scam.

[Taskford]

To many attempt like this and it's not good for newbie to experience this before they could learn, best if they could learn on someones mistakes so that it will not cost them, anything regarding on what will happen in future. There are so many sites to search for to get an information regarding on the platforms they wish to go on.

So the main thing for us here is to became more resourceful and get the information that we need here.

[Lhaine]

An advice for a newbie and everyone. If someone promises a +100% daily profit - run away from it like from a plague. Specially if they offer just to hold your funds or "work" (trade) using them. I'm 99.9% sure it is a basic Ponzi scheme. There no on Earth a new single project that can give such profit.

See someone offering huge daily profit - make a deep research or spend a day googling it. Or better skip it.

These program give more than 100% return + 0.06 registered  bonus that's why many greedy persons fall for this.

Plus the bounty program its too good to be true they also want to earn from people who want to promote their scheme  by asking them to deposit 0.001 and possible return is 1-10BTC which is obviously  not true and not possible to happen.

[matchi2011]

To many attempt like this and it's not good for newbie to experience this before they could learn, best if they could learn on someone's mistakes so that it will not cost them, anything regarding on what will happen in future. There are so many sites to search for to get an information regarding on the platforms they wish to go on.

So the main thing for us here is to become more resourceful and get the information that we need here.

Beforehand, it's a must to continue finding tevery information that's needed once you are going to participate with anything,
scammers are everywhere that's the first thing that newcomers should know, protect yourself by educating yourself with
information that you can read all over the net, be resourceful to avoid making mistakes in choosing your participations.