Bitcoin Youtube Scam?

[TODD DAVIS]

So when im watching some bitcoin videos on youtube... doesn't matter what it is... could be about bitcoin or cnbc talking about bitcoin, i see in the comments section, people making comments like

btc is the future

i made a ton of money investing in btc with so and so person

then you see someone post someones whatsapp or phone number and say contact this person if you want to make money

telegram

how btc is better than stocks

First off, all these comments are from people or are they bots?  I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

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[Yaunfitda]

First, don't believed everything you see and hear on youtube specially about crypto, most of them are shills anyway. Even some of them who posted TA are bunch on noobs.

Second, not just in crypto, but there are a lot of scammers out there, so the best weapon against them is to educate yourself. You have to ask yourself, why you need to contact unknown person? You yourself can do trading and investing on crypto.

[Kittygalore]

Yes they are bots and YouTube doesn't have any regulations regarding these bots so clicking their link will only lead to misery because it's either a scam site or a phishing link that you clicked which is much worse because you don't if you've already got it. It's much more elaborate than what you describe to be honest.

[Potato Chips]

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

Yes, and there's usually a narrative in order to convince their victims, e.g. free money, guaranteed high ROI. It's also possible the scammer will redirect the victim to a website/telegram group to show there is an established system in order to appear more legit or use phishing handles. The methods may be different but the core remains the same: the whole thing doesn't add up 

There are three things you can do OP

1. Reply to the said comment explaining why it is a scam (but don't spam, it could backfire)
2. Report the comment to youtube
3. Report the comment to the channel owner - they could publish a warning about this and/or help delete them.

[blockman]

You're right, they are scams. You don't contact people randomly just because there are spams that you've seen in those comments. To mind you that it's not only in YouTube but also in Facebook pages, they're scamming everywhere and the worse is that there are people that really are paying attention to those scams and becomes a victim. Those bots will keep it going and as long as that content creator doesn't have any moderator on his comment sections that should delete the scams, there will be those that will try to contact those scammers.

[Mahanton]

First, don't believed everything you see and hear on youtube specially about crypto, most of them are shills anyway. Even some of them who posted TA are bunch on noobs.

Second, not just in crypto, but there are a lot of scammers out there, so the best weapon against them is to educate yourself. You have to ask yourself, why you need to contact unknown person? You yourself can do trading and investing on crypto.

Listen to this and its always been like that, not only limited to crypto but also in traditional markets and hypes as well, as long it would be the trend then those scammers would really take advantage of it
specially now that crypto is on the main trend as of this moment where those scammers would really be creating something deceiving to lure in those noobs to believe that easy money or methods does exist.
If you do make use of your own common sense then you can easily spot out things like this but if you do let your greed control or overcome you then it would really be a big problem soon.
Be aware and be careful to save up your ass into these scams.

[Rengga Jati]

There are many scammers through various media, one of which is Youtube.
There is even a YouTube channel that is very convincing its audience to invest in their body investors and deceive investors. Even it was done as if Live.
Already many people are victims of youtube scams like this because they think for very high profits to be obtained in a short time and a very easy way.

- And this is where never believe in such that kind of investment model.
- Don't easily believe with a very high-profit investment in a short time and a super-easy way.
- Don't transfer some money to them

[Zedpastin]

Since Youtube allowed anyone to advertise not just companies there has been a lot of scams going around. This is not just Bitcoin scams but scams in fiat to do not trust any thing that you hear or see on Youtube. The main reason they are advertising is because they can make money off of you. Do you see us investors advertising Bitcoin to you and telling you that you can double your money? No we tell you it is a good investment but we never promise you any thing because we do not know where the market is going and would never promise something we cannot deliver. Scammers are the opposite and promise you the world.

[sheenshane]

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

It's very common nowadays, it's also on FaceBook and almost every day I got a message on my spam inbox offering their services something like investment or trading that they were trying to help you to make money.  Imagine, if they can able to make money through trading and investing, why not they can't do for themselves for their own benefits right?  We should be careful dealing with unknown people on the internet, for sure they had hidden evil agendas just to take advantage of someone who will fall into their trap.

If we saw like this that obviously scam, we can report which social media platform they are.  Like on Youtube, there's a report button there, just simply click report and let Youtube's staff will handle it.  Most likely if there are a few reports, they will be deleted.

[dupee419]

I've been following dozens of YouTube channels about crypto and about Bitcoin, apparently, the comment section is full of spammers that are dropping their contact information just to scam some people, this is actually harmless for someone like us who are familiar to this kind of scam since we usually ignore comments like this, and why would someone recruit people in YouTube when there is a platform like Bitcointalk? Definitely to scam some people.

[Sweetbtc]

Yeah i also seen many times in comment on youtube but also in facebook. I think they uses some bots for that which automatically send this message.
Now people are wise and i believe that no one will be victom of this kind of scam. Thanks for alerting. New user should be careful.

[lablab03]

So when im watching some bitcoin videos on youtube... doesn't matter what it is... could be about bitcoin or cnbc talking about bitcoin, i see in the comments section, people making comments like

btc is the future

i made a ton of money investing in btc with so and so person

then you see someone post someones whatsapp or phone number and say contact this person if you want to make money

telegram

how btc is better than stocks

First off, all these comments are from people or are they bots?  I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

you should make research first before trusting other people here in the internet, coz yes you're right that mostly here just want to scam others, so you better check all the stuff they're providing to you, so that you can easily figured it out if its real or not by mkaing research around the internet, as the matter of fact all the information can be searched on the Internet so used it a key very often to avoid frauds.. Never trust anyone.

[Rainbow-queen]

If you make money, will you have time to bring other strangers to make money? Anyway, I won't. At least I won’t advertise that I’m making money

[isaac_clarke22]

~

Well I've been watching some scambaiters like Kit and they are also baiting those bot-like comments in the comment section. They are indeed scammers, because why would they even tell their secrets in the first place and why nobody in the world got rich due to those.

I never once in my life heard from someone claiming that they got rich from a random comment in Youtube.

[airdata]

Beware, Scammer are everywhere, more often i see spammer reply on YouTube video's comment box and they always used crypto releted  and trading releted video for spamming and also they used youtuber's Channel photo and channel name, and for this reason Some people do not understand that it is spammer massage.

[avikz]

First off, all these comments are from people or are they bots?  I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

These could bots with scammers in the background. They will probably try to sell you some software which they claim to mine with 5x power than the traditional mining software. So it's best to avoid them.

Remember one simple thing, if someone claims that he has access to something magical which can help us to make tons of money without any effort, always stay out of that! Because if in reality someone has access to such software, he would try his best to guard it as a secret. He would never sell it to the people. So if you remember this thumb rule, you will be good!

[swiftbits]

They surely are spam comments from bots or scammers targeting newbies to buy coins from them.
Answers can be found on the internet. People curious about bitcoin will surely look it out on Youtube.
These newbies should learn that bitcoin is not easy money; most of the statements on youtube comments are exaggerated.

[dupee419]

They surely are spam comments from bots or scammers targeting newbies to buy coins from them.
Answers can be found on the internet. People curious about bitcoin will surely look it out on Youtube.
These newbies should learn that bitcoin is not easy money; most of the statements on youtube comments are exaggerated.

Most of the comments on YouTube are poured out with exaggeration, they are paid comments in order to lure out newbies and scam them, I am not generalizing every YouTuber and if the YouTubers are connected with these scammers but I swear I found these scammers funny, and if y'all ever encounter scammers on the comment section, warn these newbies right away, it's not their fault for being illiterate, some of them are super young or some are old boomers who are looking to gain easy money.

[bitterguy28]

I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?

Scammers sometimes don't need to contact you but with their sugar coated tongue they can lure you to contact them and invest at your own risk.

you have mentioned this idea about YouTubers making scams and that is what they do now, there are even Bigger personality that silently scamming people by luring them to invest in a certain coins and then they will pump a while , after that you will be shocked that it will be dump drastically .

[tranthidung]

Scammers use all platforms to scam people so crypto investors have to prepare enough knowledge to avoid scam traps. One of most common scam methods are: impersonators, and go first with your deposit then you will get double of it, etc.

• Andreas Antonopoulos
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