Will the pandemic result in more crypto scams?

[Josemendez]

I think that it is very important that people are constantly educated on the different ways that these scams occur in order to try and curb how many people are actually falling victim to bee stings. Education at the end of the day is the key to ensuring that this does not go any further.

Presently many cryptocurrency projects are focussing on educating users on cryptocurrency in general in other to prepare them towards leveraging on cryptocurrency use cases and being secured.

 

[Setho]

The pandemic actually saw in massive rise in cryptocurrency and then a subsequent rise to in the number of people who were trying to scam other people of their own currency.

 

[gammarays]

This is a major concern on a global level and I think that even before cryptocurrency existed in the same scenarios had presented itself on many occasions and many people were actually scammed out of the money that they have. However I think that cryptocurrency has made a lot more prominent and a lot easier for these people to target their victims which is rather sad to see.

People have resolved to continue with crypto despite the challenges they face because of the belief that it can make you rich with time. Aside that,the numerous scams are capable of making people hate crypto.

 

[Grandeur]

Have you heard that a third wave of the deadly virus is unveliing, I'm sure a lot more people would join the online market.

 

[Kingstone]

Pandemic will come and go but scamming is till eternity. People have been scammed many times just because they are trying to make more. They just use the pandemic to create more platforms and eye-catching deals to swindle people.

 

[BrolySSJ]

Have you heard that a third wave of the deadly virus is unveliing, I'm sure a lot more people would join the online market.

Many countries are actually going to a third wave and some of them are even experiencing a fourth wave as well and I think that this will promote more people going to online method of earning because it will reduce the risk of contact among people.

 

[Grandeur]

Many countries are actually going to a third wave and some of them are even experiencing a fourth wave as well and I think that this will promote more people going to online method of earning because it will reduce the risk of contact among people.

I heard that some part of Europe is in lockdown already, I hope it doesn't affect us much in this part of the world because we are yet to recover from the harsh conditions of the last lockdown.

 

[BrolySSJ]

I heard that some part of Europe is in lockdown already, I hope it doesn't affect us much in this part of the world because we are yet to recover from the harsh conditions of the last lockdown.

This is happening to many places globally and we are also suffering from an extended lockdown period here due to the resurgence of cases. I think that it will be a long road to recovery for the economy of many countries.

 

[GIFTMICHAEL]

Everyone online is simply looking for that breakthrough to earn money online even the scammers too. Just to earn money online mischievously is their priority. We should be vigilant never allowed them use us to earn money online.

 

[Solutionav]

With the covid 19 pandemic there are many that are in lockdown and there are many more that do not have jobs as well. AS such there are people that are desperate for their earnings and in this way they are quite vulnerable. As with vulnerability there is always those that are willing to take advantage of people and this is where the scammers come in. I feel that during this time scammer may choose to take advantage of this vulnerability and as such there will be a rise in the crypto scams that we see online? Do you concur?

I implore all members to be careful on the online earning strategies and to do the necessary research before you invest in any online method. Also as a rule of thumb, if it sounds to good to be true, then it likely is. I wish you all the best and stay safe from online scammer. To beat them we need to stop falling victim to their scams.

Scammers are being in existence even before the covid issue came up but is just that there activities increases during covid, just like you said is for one to be careful not to fall victim

 

[Grandeur]

This is happening to many places globally and we are also suffering from an extended lockdown period here due to the resurgence of cases. I think that it will be a long road to recovery for the economy of many countries.

I really hope that it gets better, majority of us are not ready for another lockdown yet, the harsh effects of the previous one is still currently ongoing

 

[kayode10]

Even if there is no cryptocurrency anymore some people are still going to scam other people of their hard earned money. Scamming is part of their body system they can't do without it.

 

[Alexandoy]

The pandemic actually saw in massive rise in cryptocurrency and then a subsequent rise to in the number of people who were trying to scam other people of their own currency.

Do you have the data to back up your comment? How can you say that there is a massive rise in crypto coin and also a rise in the number of people who are scamming other people? You have to be careful in your statements for it can be derogatory to the industry.

 

[Zevin]

I do not see any connection between crypto scams and the pandemic. I m saying this based on the fact the long before pandemic arrived there were already a lot of crypto scams happening.

 

[BrolySSJ]

I really hope that it gets better, majority of us are not ready for another lockdown yet, the harsh effects of the previous one is still currently ongoing

I think that the countries will probably get a lot better when it comes to their vaccination programs because a lot of people are being vaccinated currently and this should reduce the number of new cases that are entering any of the countries.

 

[Grandeur]

I think that the countries will probably get a lot better when it comes to their vaccination programs because a lot of people are being vaccinated currently and this should reduce the number of new cases that are entering any of the countries.

The vaccination process should even give us insight as to how clueless the government is, the promise was that at least a quarter of us should be vaccinated before the half of this year, look at us now, still begging for vaccination.

 

[Good-Person]

This thread reminds me of a HYIP that promised a lots of profits but became a scam when the pandemic started. There were many scams during the peak of the pandemic period and HYIPs scams were common during the peak time of the pandemic.

 

[BrolySSJ]

The vaccination process should even give us insight as to how clueless the government is, the promise was that at least a quarter of us should be vaccinated before the half of this year, look at us now, still begging for vaccination.

This is the case in my country as well, and people are not being vaccinated as fast as they had predicted in the beginning and it is very sad and annoying to see as well, considering the severity of this situation and how it needs to be addressed at the soonest for most of the economic activity to resume.

 

[Dagm1]

Effectively, thinking about that lots of people are actually dealing with monetary problems in the pandemic, a few of all of them will certainly certainly need to breather the legislation to get some cash, therefore it is a certain point that we'll view more scammers

 

[BrolySSJ]

Effectively, thinking about that lots of people are actually dealing with monetary problems in the pandemic, a few of all of them will certainly certainly need to breather the legislation to get some cash, therefore it is a certain point that we'll view more scammers

Scammer are typically waiting and trying to take advantage of these situations and that is very bad for people whoa re unsuspecting, and often these scammers are disguised in a way that is hard to see, such as the banks and so forth and therefore people trust and share information that they should not.