Why are scammers everywhere, it is obvious online

[khaled0111]

Such obvious scams still exist simply because there ate still people who believe bitcoin can magically make them rich overnight.
Thankfully you were there to warn your friend. However, there are many others who fall for such blatant scams each day because of lack of awareness.
Lack of regulations is also one of the main reasons why crypto-market is considered a fertile ground for scammers.

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[harizen]

A usual newbie approach. Being easily blinded by that kind of offer.

Where's the problem? The scammers? The people? A scam is already considered as part of the scheme even before Bitcoin's inception. Even way back old days.

I don't take that lack of regulation as a reason for these scams. Even with regulation, this kind of trick was easily being pulled out, and unfortunately, not just newbies, but even experienced ones also fall on the trap.

The sad truth is, people who are already aware of this scheme are taking chances. I don't know the reason but there's a thing in their mind telling them to test that obvious scam thinking they will get an advantage in the early phase.

As for OP's friend, good thing they don't throw away money at what the program is telling them. Use our common sense as much as possible.

[libert19]

You are talking as if scams don't happen in real world with cash. If there is something with value, people will try to get it, some by wrong means.

[fourpiece]

At the time first money is printed there are already scammers, as the world evolves scammers also follow. Scamming ispart of the world happenings, and no one can stop it.

[lovesmayfamilis]

Some people should try to investigate about a business or a website before investing anything on such websites, because of greed many people are scammed. I think of it that it is not possible for a website to double money in less than a day, this is not possible, it is just a scam. Some people are scammed because of greed, they do not want to be patient, they only believe in scam until they are scammed.

Due to the fact that recently the interest in cryptocurrencies among the population has begun to increase, and the level of knowledge does not always correspond to the required level, such frauds occur.
For example, the “action” of increasing your capital, which will end soon and you need to invest your funds as soon as possible, will cause suspicion among literate people. But those who hope only for good luck, without thinking and not having complete information about the project, will always be of interest.
For such people, scammers work. They spare no money for the promotion of projects that we call scams. As long as society is uneducated for all sorts of online fraud, scammers will come up with more and more fraudulent schemes.

[Pmalek]

The fact that such sites exist is proof that there are plenty of people who believe that Bitcoin is created out of thin air. Scammers are taking advantage of their gullibility. Luckily your friend wasn't one of them. One of the first things I would tell people who are new to crypto is to apply the same logic you use with fiat.

Is there a EUR doubler service somewhere? You give the doubler a €100 bill and within 24 hours you get €200 back. Does that seem plausible? Treat your crypto with bigger care than your traditional money, because it's much more rare, and you don't get a 2nd chance to redo your mistakes.

[Rikafip]

Is there a EUR doubler service somewhere? You give the doubler a €100 bill and within 24 hours you get €200 back. Does that seem plausible? Treat your crypto with bigger care than your traditional money, because it's much more rare, and you don't get a 2nd chance to redo your mistakes.

Exactly this. People don't have basic understanding of how crypto works, all they know are stories about some people getting rich. When you combine greed and lack of knowledge, you get perfect victim. What's even worse, experienced people are  not immune to that, just look at defi and how many people that lost money during 2017 are doing the same mistake now.

People get scammed in traditional ways all the time , but with crypto all this has been pushed to another level.

[Pamadar]

Is there a EUR doubler service somewhere? You give the doubler a €100 bill and within 24 hours you get €200 back. Does that seem plausible? Treat your crypto with bigger care than your traditional money, because it's much more rare, and you don't get a 2nd chance to redo your mistakes.

Exactly this. People don't have basic understanding of how crypto works, all they know are stories about some people getting rich. When you combine greed and lack of knowledge, you get perfect victim. What's even worse, experienced people are  not immune to that, just look at defi and how many people that lost money during 2017 are doing the same mistake now.

People get scammed in traditional ways all the time , but with crypto all this has been pushed to another level.

Perfect example, that certain combination always being held as victims of those many scammers around. It's very important to know
more about the investment that your going to invest your money before participating.
Op' needs to keep informing his friend that there are other things around this industry, certain promises of doubling you money is too good
to be true and will ends up as pure scam.

[samputin]

But why are scam very obvious now, some are even having domain and nothing done about it. Is it because cryptocurrencies are not regulated the way it suppose to be or this is just how the world is?.

Scams are everywhere offline or online, you know that it is if they tell you things that sound unbelievable, they do this because in the back of our minds we want easy and fast money just like a lottery jackpot, but if you think that a bank or any other big company can't give you a huge profit if you put your money on them why would a small company or even an individual do that, just moderate your greed and you will see the light.

Just like what we always say here, if it's too good to be true, it probably is. Many people know that but only few care to apply it in real life. They still choose bite the trap of scammers without even having second thoughts. They're so greedy that they forget to have some speculations first regarding the matter even if it's obvious that it's a potential scam.

Just glad your friend didn't become a victim. Good thing you were there to give him reminders and advises regarding such.

[plr]

We can double your money = scam
We can tipple your money = scam

It looks like they are giving free money if they do this. Are you Elon Musk to do that? Lol.

No I don't think Elon Musk will do such thing, no rich personalities will ever do that if they are going to be generous they will do that to poor people not to people who can invest, people should use their mind and ask questions why these programs will double your money, when even Google or Facebook will not and cannot do.

[Asuspawer09]

Some weeks ago, I told two of my friends about bitcoin and how to use it, I tried to devote my time for them. The two of them like bitcoin  they were interested. I opened electrum wallet for them. After some weeks, it was even yesterday, a friend of mine contacted me using Whatsapp, he told me what he saw online, that it is even possible to double bitcoin online. He wanted to double his bitcoin, I told him that it can be a scam that he should send me the link.

Code:

https://bitcoindoubler.tech/

The website want people to deposit a minimum amount of 0.002 bitcoin to a maximum of 10 bitcoin, that in 10 hours the bitcoin will double. I told him immediately not to do it that it is a scam. I would have blamed myself for telling my friends about bitcoin, but I was happy because he did not send his bitcoin but told me about it before doing anything. But why are scam very obvious now, some are even having domain and nothing done about it. Is it because cryptocurrencies are not regulated the way it suppose to be or this is just how the world is?.

I guess it's easy to make this kind of website and then just wait for someone or newbies that don't have enough knowledge in bitcoin and cryptocurrency.

They just need to wait for people to fall in their trap, when I was first starting in bitcoin I always want to invest in this kind of websites hoping to an easy profit but just end to be a small companies scam.

There are always a lot of opportunities for them to scam and I guess they really earning a big profit in scamming people that's is why they are not stopping to this kind of method, some people intentionally invested in the websites since you could easily earn at some point when you have a lot of referral in the websites, a lot of people are just getting encouraged by someone they don't know to invest.

[Taskford]

It is obvious for you but sadly not everyone is like minded like you, some are easily roused into these pit traps and that is okay as that is not their fault (unless third time you have been conned), continuous education online is really helpful as it will reach the vast nook and crannies of Internet and people will surely reach it and hopefully saved themselves from possible pit traps that might encounter.

Some hope to earn easily and they fall from those kind of platform, we see so many events of scamming especially on social media and glad there are guys like OP who's knowledgeable about those things and educate his friends about how those scam site works and to avoid it. I believe their are so many attempts like this will be created, so continuous education about scams should really needed to make newbies aware.

[acroman08]

Is it because cryptocurrencies are not regulated the way it suppose to be or this is just how the world is?.

it is just how the world is. also, it is not about regulation. FIAT is regulated but you can still see tons of scam relating to it. one of the reasons why scams in cryptocurrency are rampant is because it has value just like FIAT and even if bitcoin or cryptocurrency is regulated as long as it has value scam relating to it will continue to show up.

[BITCOIN4X]

I think this kind of scam have happened a lot in the crypto space. As a beginner, I am sure your friend will be interested in trying it out of curiosity. When he does, thats where the experience will emerge and it will be a lesson that the crypto world is filled with scammer with all kinds of trick.
But luckily your friend wanted to ask before doing that and he failed to fall into the conman trap. This will be an important lesson for everyone because without being careful, everyone is potentially exposed to fraud.

[Lordhermes]

There is nothing you should blame yourself about, at least you have taught them how to send and receive bitcoin as the main purpose and teachings to noonbs, scammers are everywhere so there is no way to stop them. Give yourself a time you introduce them into the forum especially into scam accusations board to be conversant with the skills scammers take to lure people into scam, those skills are money doubling scheme, investment platform offering higher percentage daily, referral/affiliate programs requesting to deposits first before withdrawing, e.t.c. These are what you could teach your friends so they could be strong enough to detect scammer's games.

[Rengga Jati]

Once you enter an online world, there will be always scammers and also hackers. these two cannot be separated from the business. Moreover, about this crypto world, we can find so many scammers everywhere. It can be on the youtube channel, social media of Twitter, Facebook, telegram, and many others. you can also find them on this forum as what we can see from the scam projects. Additionally, you may also find the scammers on the websites, hyperlinks, and many more.

Mostly, the victims are:
1. newbies who do not know exactly about the crypto world
2. Those who are greedy of the high profits and not going to analyze them because they are already really interests on the rewards that scammers offer
3. Those who want to earn money in easy ways
4. Those who do not have willing to check and crosscheck every single information or promotion.
5. Those who can believe so easily on others,

That is why tell your friends that not to be greedy and must be careful in this crypto world in order to avoid scam and hackers.

[Yamifoud]

Scamming everywhere, people get lost their money...a lot of these things to be heard and read online. This is no wonder why once we approach someone and told about Bitcoin investment, they are directly saying it was a scam. How these things can be changes and should make people to fully trust Bitcoin if the situation will have no change.

Doubling your money for just a few hours doing nothing is obviously a scam tactic but I felt amazed because someone still becomes a victim to this. How desperate they are when talking about easy money and instant returns, they make themselves to be fooled to a thing that is really impossible to happen.

[Alucard1]

I became a victim of a scam website before, they offer to double my money for only 1 day so as a beginner of this crypto world, I don't have any ideas about the scam and I cannot say if this is legit or real so I tried to invest 0.001BTC then 1 day had passed, I still don't receive my money and the interest but I still trust the website and I had waited for almost 5 days before I realized to myself that it is a fake website. I am disappointed with that but I just considered it as my lesson as a beginner in the crypto world. I learned that there is no legit investment website that will double your money for only a few days.

I won't invest anymore in this kind of website, maybe as a beginner, this is pretty much normal because we don't have enough knowledge about these things and we can easily trust people or things when they offer goods things from us, like making double our money. This is a really good offer but it is really impossible to happen. I am still new from the crypto world and I know that there are still many things that I can experience, better to gain knowledge first before trying or doing anything.

[Latviand]

Actually, those are the people (your friend) who are searching by the scammers. And scammers always do this even it would be regulated. And that is happening in this earth. They always find a new technique to do a scam. So I think regulation will not stop them completely. but may help to lessen the scams.

Scammers are intelligent, they are not just a scammer, they are thinking about how they will fool people using different platforms. They know that there are a lot of internet user who are circulation in many platforms. They see that social media is the best way on how they will make money with it. There are a lot of ignorant user in social medias so that it is the best platform that they are effective for them in making money.

[Rikafip]

Scammers are intelligent, they are not just a scammer, they are thinking about how they will fool people using different platforms.

That's kinda of generalisation, and from my experience it's quite the opposite. Sure, some scammers are very intelligent and capable, using different platforms and ready to play long game in order to scam the victims, but quite a lot of them are actually very stupid, often even more than the persons they are trying to scam.

I've been contacted by them on the daily basis via Telegram that is known as a scammers paradise, and a lot of them are so stupid that I feel like I could do the opposite and scam them, if I really try and put some effort into it. A lot of them are using the most rudimentary scamming techniques which require no skill, but they rely on law of large numbers, where they think that if they try some specific scam on enough people , sooner or later someone will fall for it.