Why all these crypto-twitter "influencers" are still exist?

[AmoreJaz]

And despite us having a strong and smart bitcoin community, why can't we win over "influencers" by showing people that they are all fake and lie all the time? We just literally need to who facts to do that.

My opinion is that these Twitter people are turning the crypto community into a freak show and people treat it less seriously because of that.

The community did the best thing to protect people from falling into scam projects as it was promoted by influencers through awareness and reports. But this is not enough to handle all of them, they are growing and they are getting smarter. Besides, it was not only the responsibility of the forum, but it was also the responsibility of the investors to assess the project that they are investing in. And these influencers never stop as long as they got paid and the developers will never stop as well as long as they still make money from their fake/scam promotions.

people will only learn their lessons if they got rekt in one of their investments. they are hoping they can hit the jackpot, hence, it seems they are ignoring the red flags even if it is so obvious. the forum can only protect to some extent. it is still on the person himself how he will avoid being scammed.
do your own homework as no one will take care of your funds.

[OcTradism]

So my question is this: if people are more aware of crypto/ bitcoin and all these scams, why they are giving power to these "influencers" to earn more money and scam more people?

And despite us having a strong and smart bitcoin community, why can't we win over "influencers" by showing people that they are all fake and lie all the time?

A community is made up of many people and they belong to many types of people with widely different traits. People in Bitcoin communities can be either genius, smart, average, stupid, super stupid. They can be well-minded, strong mental, well-disciplined or they can be very emotional, undisciplined, psychological disordered, greed. You can not have a community with all same traits.

In the community, there are people who are lazy, don't want to learn but they are greed and dependent on opinions of others. They are followers of influencers and their activities, decisions are mostly decided, manipulated by influencers.

If you can not eliminate those people in communities, influencers will have follower communities to keep their influence big and spreading around.

[Luffygroove]

It's true that there are many people who lack knowledge about crypto and are easily influenced by so-called "experts" or "influencers" who promise quick profits. Unfortunately, these influencers often use deceptive tactics to promote scam projects or exchanges and are more concerned with making money for themselves rather than educating or helping their followers.

The reason why people still follow these influencers despite their questionable track record could be attributed to the fact that many people are still new to the crypto world and may not know where to turn for reliable information. Additionally, these influencers often have a charismatic personality and are good at convincing people to trust them.

However, it's important for the crypto community to hold these influencers accountable and to expose their fraudulent behavior. By promoting transparency and educating others about the risks associated with crypto investing, we can help prevent others from falling victim to scams and ensure that the community is taken more seriously. Ultimately, it's up to each individual to do their due diligence and to take responsibility for their own investments.

[lienfaye]

So my question is this: if people are more aware of crypto/ bitcoin and all these scams, why they are giving power to these "influencers" to earn more money and scam more people?

Because not all people are knowledgeable about Bitcoin (crypto in general), lack of knowledge is the problem that's why some of investors are believing these influencers and letting themselves become a victim of scam projects. They won't stop until there are people who believe what they say, unfortunately most of them are newbies in crypto.

Moreover, even this forum is full of information about crypto, some people are not aware of its existence. Hence they're relying on other platforms that can provide informations of what they're looking for and probably these influencers are one of their sources.

[JeffBrad12]

I'm guessing they still serve the means for marketing for many projects and also source of shill so that some project could get value manipulation. the thing is, the masses wanted some kind of famous figure that they thought gonna helps them in getting massive money and these influencers is just that, nothing more that's why they could still thrive until now, moreover their activities are funded by their sponsors so don't think they'd just stop their shilling activities because they more they did it, the more they get incentivized from their sponsorships in their arsenal.
these influencers would never ever cease.

[Anonylz]

You will be surprised this does not limit to those newbies in crypto but to some old-timers as well. Most crypto influencers' followers are not only newbies or those with less knowledge about crypto. I think it is a common practice or has become a common practice in the crypto space for crypto lovers to want to follow top crypto guys to get informed in most cases, not particularly because they can't decide on their own.
I believe influencers have access to certain info that an ordinary crypto supporter may not have which can serve as a positive thing for such a person, in crypto information is key especially as an investor of alts projects, this among others is the reason why influencers may be around for long period imo.

[FirmWars]

There is something wrong with crypto influencers? I believe that not all of them are doing it wrong, there are a few good projects I got into through crypto influencers and I never regretted doing so, you just have to listen to the project they are talking about and do your own research on the project, buying the token or coin is not their fault, you money belongs to you and you are the only one to spend it rightfully. 

[trendcoin]

...

I really agree with you on this, crypto influencers on Twitter are a serious problem. The number of accounts that make quality broadcasts on Twitter is very few. If we exclude a few from the evaluation, we can say that almost all of the rest are accounts that tweet in return for advertisements. Their tactics are simple. They make a few predictions about Bitcoin or other cryptocurrencies. Then they form an audience that they manage to influence. Then they start sending out public or private advertising tweets to their audience. Frankly, they're not a problem for me because I know what they're trying to do, but they're very likely to fool a newcomer to the market.

[eaLiTy]

~
My opinion is that these Twitter people are turning the crypto community into a freak show and people treat it less seriously because of that.

Since Ethereum launched you start seeing the freak show and anyone who talks about cryptocurrency became an expert and started advertising and promoting them and all the new projects that raised money in the past few years started hiring these made up influencers and they were having a great time since they were able to attract a crowd and with regulators going after these promoters, hopefully the freak show will end.

[goaldigger]

There is something wrong with crypto influencers? I believe that not all of them are doing it wrong, there are a few good projects I got into through crypto influencers and I never regretted doing so, you just have to listen to the project they are talking about and do your own research on the project, buying the token or coin is not their fault, you money belongs to you and you are the only one to spend it rightfully. 

You’re lucky if you saw a real tweet from a real influencers and not just from those who are just after the commission fee, I also know some good influencers who really shares real knowledge about cryptocurrency and he is really willing to help many people by sharing the fact and not just a hype or a fud.

Anyway, this is beyond our control since we cannot force anyone not to follow such influencer, if you fall on their fake project better to share it to the others and tell them that the influencer they are following is sharing a scam project, it will depend to them if they will listen to you or just ignore your warning.

[Ziskinberg]

So my question is this: if people are more aware of crypto/ bitcoin and all these scams, why they are giving power to these "influencers" to earn more money and scam more people?

And despite us having a strong and smart bitcoin community, why can't we win over "influencers" by showing people that they are all fake and lie all the time? We just literally need to who facts to do that.

My opinion is that these Twitter people are turning the crypto community into a freak show and people treat it less seriously because of that.

It doesn't matter to them, these people/influencers have been paid to make promotions for something whether they know it or not as they work for the job as long as there is money to receive. It is very unfortunate but that is true, might be some influence to decline the offer but those who are greedy for money will surely take the offer and do everything as said. And this is not easy to stop or it can't as these fake developers will never stop hunting known personalities to fulfill their wants even though how many times they got caught for their evil intentions because they still know that there are many innocent people that are easy to trick.

[Rengga Jati]

I've been thinking about this for a while and I understand that there are a lot of people who don't have enough knowledge about crypto or they blindly follow anyone who says that "it's easy to trade crypto and get $1000/day", but I still surprised that there "influencers" are still active and have a huge audience.

This is really happening. Sometimes, some people are not leering from what happen and moreover, a reputable influencers will always have different place in their mind. Sadly, they may think that the influencer has tried to make better condition and regret what they did previously.
Btw, sometimes, such kind of influencers also have fake audiences to attract many more newbies to get into their channels and believe in them. I believe that actually many people that have been aware of those influencers are enough with them. But with the fake audiences, it seems that the influencers still have reputation to attract more people.

[Ultegra134]

I wish it was only observed on Twitter. They are everywhere, on every social media platform, from Facebook paid advertisements to YouTube or TikTok. You can't avoid them. Unfortunately, some people are rookies and are easily lured because, when you're inexperienced, you're unsure where to look for information. Thus, you end up with the wrong sources, and you're likely to be screwed over. Other so-called influencers are practically Mr. Know-It-Alls and pretend they know everything, but in reality, they're completely ignorant.

There are surely some worthwhile ones out there that will try to analyze the market and the situation and at least attempt to come up with a conclusion. I generally don't follow anyone and stick to my own research and instinct.

[Scripture]

Those fake influencers are doing everything just to fool their followers especially when they are talking about easy money and how they can win on a specific site for just a simple task. Well, that’s a click bait and we all know how greedy people are and they are more eager to make money, that’s why they become a victim easily.

Just follow someone who you think are true and shares a lot of good knowledge and not just those who spread hype. People have to learn the process and don’t think about making easy money at all.

[Wiwo]

And despite us having a strong and smart bitcoin community, why can't we win over "influencers" by showing people that they are all fake and lie all the time? We just literally need to who facts to do that.

My opinion is that these Twitter people are turning the crypto community into a freak show and people treat it less seriously because of that.

The community did the best thing to protect people from falling into scam projects as it was promoted by influencers through awareness and reports. But this is not enough to handle all of them, they are growing and they are getting smarter. Besides, it was not only the responsibility of the forum, but it was also the responsibility of the investors to assess the project that they are investing in. And these influencers never stop as long as they got paid and the developers will never stop as well as long as they still make money from their fake/scam promotions.

Yes, members of this community always try their best ro sound warning concerning any scam projects and also advise others to stay away from them, but since scam is not moderated by the forum, we cant totally eradicate their presence but we can at least minimize the activities and discourage other from falling for them.

-influncers are business guys who are after their own pocket and as long as the project team can pay them, they are ready to promote them even if there will end up scamming investors.

[DoublerHunter]

Those fake influencers are doing everything just to fool their followers especially when they are talking about easy money and how they can win on a specific site for just a simple task. Well, that’s a click bait and we all know how greedy people are and they are more eager to make money, that’s why they become a victim easily.

Just follow someone who you think are true and shares a lot of good knowledge and not just those who spread hype. People have to learn the process and don’t think about making easy money at all.

^ When I heard they are paid for shills in a scam project, I usually unfollow them.
But on the other side, they are helpful, the problem with people is easy to believe what they hear and see on social media without making further research. Because it is worth noting that not all crypto-twitter influencers are equally reputable or trustworthy, and investors should always do their own research before making any investment decisions.

[dothebeats]

They still get a lot of money from being an influencer anyway, plus a lot of people still believe whatever word they say so there's still a community behind them after all. If you have a community backing you up, you still have the power to make money from them and influence them to buy your bags before dumping on them. Even though we have already established that Twitter crypto influencers are no longer needed for the space to grow, people will still believe them just because. Especially if those same people don't have the initiative to think for themselves and decide for themselves as well.

[coin-investor]

And despite us having a strong and smart bitcoin community, why can't we win over "influencers" by showing people that they are all fake and lie all the time? We just literally need to who facts to do that.

My opinion is that these Twitter people are turning the crypto community into a freak show and people treat it less seriously because of that.

Not all people especially outside of this forum are good at analysis and insight and they need a kind of guru or adviser to lead them, but it ends up blind leading a blind scenario, here in Bitcointalk we are ok and have a grasp of the market condition and how FUD works against the market but for new investors who do not know the existence of Bitcointalk they can only turn to popular platforms like Twitter, Linkedin, and Facebook where there are so many fake and wannabes financial advisers.

[Psynthax]

there are actually so many so called cryptocurrency investor out there that are actually just blindly following these influencers because they are quite lazy in doing their own research and also just outright blinded by these influencers, there's reason why these influencers usually have so many people following them it's because many are interested in taking this influencers take on some coins as some financial advice which is quite ridiculous, as bad as these influencers are, they have audience.

[TastyChillySauce00]

I think we-all know.

The one needed to be educated is "their follower" or someone who investing, It's clearly simple based on how the investment work. If you don't have experience, or any due diligence by your self.

They should not invest.

How can you educate those followers if the majority of them are bots? That's very hard to be done. I think that if we shall not care about that anymore. The influencer gonna be existed forever and this can't be prevented. you can try to say bunch of tweets about it and i do believe most of people will just ignore you.

Just let them do whatever they want. If they got scammed by their favorite influencers and hope they got good lessons from what they have done before by following the influencer's advice.