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mecaniques

Let's stop those crypto gangsters

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No, this is not all that we do, I do not agree with you, dozens of topics talk about new projects and trading and about exchange platforms and almost everything in the world of Crypto and not only about caution against fraudsters.

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In my opinion the only way to stop gambling by giving peoples knowledge about the cryptocurrency and I think that is the only way people can get overcome any situation because in cryptocurrency in every path peoples are waiting to scam you if you are not ready to deal with them then there is nothing to help you from them so we prepare and get more knowledge related to the cryptocurrency.

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On 4/30/2020 at 4:42 PM, Ndayebo8 said:

I don't think we can bring end to scammers in the crypto world but we can only avoid them because scammers are very wise and also intelligent.

You are right buddy, we cannot just end those gangster here in crypto world because they are many than what we expect. What we can do is not fall in their hands so that we cannot be a victim and not lose our money.

 

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Yes.The crypto scammers can really be called as crypto gangster.Because they are cheating people everyday and stealing money of people a lot of people leaving using crypto because of them.So everyone should be sincere as much as possible.

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Yes we should always make new member aware of spammers because they may have them as they are new they don't have enough knowledge regarding it so it is our duty or responsibility to make them aware of this thing

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Yes you are right already I was scammed by a scammer in this form when I was a big enough I was not knowing much about this and I would request the members to make some post regarding it so it will be helpful for new members like me

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On 10/24/2019 at 8:16 AM, mecaniques said:

We are here discussing how to help, warn and educate. Newcomers to Crypto, about how to minimize the risk of falling victim of crypto scammers. That's all we do. 

Well, there are two things we can do to help lowering the number of the victims of scammers. It is report the scammers to the authority and/or to always reminding other about those scammers. Well, for me, that the thing we need to do for us to help the victims and soon victims. Through this we can lower the victims and we can assure that the scammers will be caught by the authorities.

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We can avoid crypto scammers by staying away from sites and services that many people don't know and use as scammers make these sites in order to steal crypto currency from newcomers.

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Yes in the section we should educate beginners so that they won't fall victim into crypto gangsters we should report any spammers.

 

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Unfortunately, because crypto is online actions, then the ways of hacking it, the same ways of online hacking, We only can safe our seleves, but we can't stop them never😔.

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Well you can't stop them but you can prevent them by teaching new users / newbies into how to avoid such scams like the one and mainly double coiner pronzi ones.

 

If you read something that is basically going to make a huge profit out of your investment with not so much individual effort that's probabily a confirmed scam.


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On 4/13/2020 at 3:16 PM, yato987 said:

but it is not very hard to avoid them , we just have to be smart

Well, this is true mate, we can avoid them by just ignored them to lessen the chance to be a victim, be alert from this kind of people or in any strangers who are trying to messaging you to be safe your coins.

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On 5/14/2020 at 7:42 PM, Jami273 said:

Yes.The crypto scammers can really be called as crypto gangster.Because they are cheating people everyday and stealing money of people a lot of people leaving using crypto because of them.So everyone should be sincere as much as possible.

Yes mate most of scammers are just stealing others assets they didn't even work for it and we should be careful not the be one their victims. We should be vigilant in all the times.

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Crypto gangsters are everywhere not only in cryptotalk. Many scammers give them good plans to earn more so newbies invest into them I have heard many times this type of message. If you find any post you have to report or even don't touch their messages because they can even send you malware or virus.

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On 6/1/2020 at 3:55 AM, CryptoLover21 said:

Crypto gangsters are everywhere not only in cryptotalk. Many scammers give them good plans to earn more so newbies invest into them I have heard many times this type of message. If you find any post you have to report or even don't touch their messages because they can even send you malware or virus.

Yes you're right. Most of crypto gangster will offer you a good profit for just a small amount and there's no work you will do, we need to be careful about that kind of scam and don't be a victim of them so we don't lose our money.

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Not only the new members,i think so many old members also fall in the trap of the scammers.Our awareness is the main weapon to fight with them.They always have some readymade tricks to cheat us.If all of us know their tricks and traps and stay aware,we can easily avoid them.

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This is very difficult because they depend on new members and benefit from inexperienced members in the field of encryption, but the members who work in this field are difficult to defraud.  The solution is to search for anything on the Internet to check the reliability and order of the rest of the members as well

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It is possible to get rid of scammers by not joining any sites or mail they provide without making sure of the credibility of the matter and in my opinion the fraudsters have been eliminated by the management of the forum and the detection of theft has become easily

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it is very difficult for scammers because they constantly create more sophisticated ways to deceive people and as people are very greedy scammers take advantage of this and manage to deceive and rob people. Maybe when this market is regulated, scam cases will greatly reduce

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There are a lot of scammers in cryptocurrency world and I don't think we can ever stop them because they always get newbies to cheat with there fake projects. To avoid being a scam victim I will advise us to avoid some things such as believing in news brought to you by unknown person and also avoid clicking on an unknown link because that is where they get some of our information.

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The presence of e-theft gangs is abundant on the sites there are people who contact with you and send you links or want you to give him a mail address or your wallet address. We must be careful and not to discuss with unknown persons and not to open unknown links.

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If you mean through your work and trade, then simply avoid trusting anyone, no matter how nice and stay away from the sites, no matter how attractive their offers. As for the forum, adopt the same method, stay away from unhelpful topics, because it will be deleted, and therefore your response will not count and report on any repeated or stolen topic.

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Yes, i understand your feelings brother. Scammers are everywhere so we should be careful everytime and educate our self on the risk of scam.We should be aware from this scamers. We can give some tips to new members on how to avoid scams and not losing hope on crypto.

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1 hour ago, JohanDonne said:

There is not much thing that you can do in order to be safe from scams, the only thing that you can do is collect information and live in the real world. Don't fall victim of anyone.

There is a way out that is finding knowledge about the ways and crook ways scammers follow to scam users this will help you block all those ways and make you protected from them.

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Fighting scammers in crypto world won't be easy because many of them change their tricks in order to confused people. Many scammers has multiple accounts. Scammers prefer to scam new member because they know that they don't know about much crypto world.


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This figure has increased compared to the April survey, where just over half of the economists made such a prediction.   A local triumph for the dollar bulls occurred on Friday, 7 June, when the US Department of Labour report was released. The number of new jobs in the non-farm sector (NFP) was 272K in May, compared to the expected 185K. This result was significantly higher than the revised April figure of 165K. The data also showed a more substantial than expected increase in the average hourly earnings, an inflationary indicator, which grew by 0.4%, double the previous value of 0.2% and one and a half times higher than the forecast of 0.3%. The only slight negative was the unemployment rate, which unexpectedly rose from 3.9% to 4.0%. However, overall, this data benefited the dollar, and the EUR/USD pair, having bounced off the upper boundary of the 3.5-week sideways channel at 1.0900, ended the five-day period at its lower boundary of 1.0800.   Regarding the analysts' forecast for the near future, as of the evening of 7 June, it is quite vague: 40% of experts voted for the pair's growth, and an equal number (40%) for its fall, with the remaining 20% maintaining neutrality. Technical analysis also provides no clear guidance. Among trend indicators on D1, 25% are green and 75% are red. Among oscillators, 25% are green, 15% neutral-grey, and 60% red, though a third of them signal the pair is oversold. The nearest support levels are 1.0785, then 1.0725-1.0740, 1.0665-1.0680, and 1.0600-1.0620. Resistance zones are at 1.0865-1.0895, then 1.0925-1.0940, 1.0980-1.1010, 1.1050, and 1.1100-1.1140.   The upcoming week also promises to be quite interesting. The key day will be Wednesday, 12 June. On this day, consumer inflation (CPI) data for Germany and the United States will be released, followed by the FOMC (Federal Open Market Committee) meeting of the US Fed. It is expected that the regulator will keep the key interest rate unchanged at 5.50%. Therefore, market participants will be more focused on the FOMC's Economic Projections Summary and the subsequent press conference by the Fed leadership. The next day, Thursday, 13 June, will see the release of US Producer Price Index (PPI) data and initial jobless claims numbers. At the end of the week, on Friday, 14 June, the Fed's Monetary Policy Report will be available for review.   USD/JPY: Finance Minister Responds to Questions   A week ago, we wrote that Japanese financial authorities had not confirmed whether they conducted intensive yen purchases on 29 April and 1 May to support its exchange rate. Bloomberg estimated that around ¥9.4 trillion ($60 billion) might have been spent on these currency interventions, setting a new monthly record for such financial operations. We questioned the long-term or even medium-term effectiveness of this expenditure. It seems that Japan's Finance Minister, Shunichi Suzuki, read our review, as he hastened to provide answers to the questions posed. In his statement, he first confirmed that (quote): "the decline in Japan's foreign reserves at the end of May partially reflects currency interventions." This suggests that yen purchases indeed took place. Additionally, the minister noted, "the effectiveness of such interventions should be considered," indicating his doubts about their feasibility.   Suzuki refrained from commenting on the size of the intervention funds but mentioned that while there is no limit on funds for currency interventions, their use would be limited.   As previously mentioned, besides interventions (and the fear of them), another way to support the national currency is through tightening the monetary policy of the Bank of Japan (BoJ). Early last week, yen received support from rumours that the BoJ is considering reducing the volume of its quantitative easing (QE) programme. Such a decision could decrease demand for Japanese government bonds (JGBs), increase their yields (which inversely correlates with prices), and positively impact the yen's exchange rate. The Bank of Japan is expected to discuss reducing bond purchases at its meeting next Friday, 14 June.   On Tuesday, 4 June, BoJ Deputy Governor Ryozo Himino confirmed concerns that a weak yen could negatively impact the economy and cause inflation to rise. According to him, a low national currency rate increases the cost of imported goods and reduces consumption, as people delay purchases due to high prices. However, Ryozo Himino stated that the Bank of Japan would prefer inflation driven by wage growth, as this would lead to increased household spending and consumption.   The yen received another blow from the dollar after the publication of US labour market data on 7 June. The USD/JPY pair surged as wage growth in the US sharply contrasted with the 25th consecutive month of declining wages in Japan in April.   As the saying goes, hope dies last. Investors remain hopeful that the regulator will actively combat the yen's depreciation, creating long-term factors for USD/JPY to decline. For now, it ended the week at 156.74. The median forecast of analysts for the near term is as follows: 75% voted for the pair's decline and yen strengthening ahead of the BoJ meeting, while the remaining 25% took a neutral stance. None favoured the pair's upward movement. Technical analysis, however, presents a different picture: 100% of trend indicators on D1 are green. Among oscillators, 35% are green, 55% neutral-grey, and only 10% red. The nearest support level is around 156.00-156.25, followed by zones and levels at 155.45, 154.50-154.70, 153.10-153.60, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, and 147.30-147.60, with 146.50 being the furthest. The closest resistance is in the zone of 157.05-157.15, then 157.70-158.00, 158.60, and 160.00-160.20.   Noteworthy events in the coming week include Monday, 10 June, when Japan's Q1 2024 GDP data will be released, and, of course, Friday, 14 June, when the Bank of Japan's Governing Council will make decisions on future monetary policy. However, like the Fed, the yen interest rate is likely to remain unchanged.   CRYPTOCURRENCIES: What Drives and Will Drive Bitcoin Upwards     The launch of spot bitcoin ETFs in January caused an explosive price increase for the leading cryptocurrency. On 12 March, inflows into these funds reached $1 billion, and by 13 March, BTC/USD set a new all-time high, rising to $73,743. Then came a lull, followed by a post-halving correction, and finally, growth resumed in May. Early last week, net inflows into BTC-ETFs amounted to $887 million, the second largest in these funds' history. As a result, BTC/USD broke the $70,000 level and recorded a local high at $71,922.   Young whales (holding over 1,000 BTC) demonstrated noticeable accumulation, adding $1 billion daily to their wallets. CryptoQuant's head, Ki Young Ju, notes that their current behaviour resembles 2020. At that time, consolidation around $10,000 lasted about six months, after which the price increased 2.5 times in three months. Key representatives of these young whales include major institutional investors from the US, who accounted for a third of all capital inflows into spot BTC-ETFs in Q1 (about $4 billion) from companies with over $100 million in assets under management.   Besides BTC-ETFs, the recent growth was significantly influenced by April's halving. The Hash Ribbons indicator is giving an "optimal signal" to buy digital gold in the coming weeks, indicating a resumption of the asset's rally, according to Capriole Investments founder Charles Edwards. The metric shows miner capitulation that began two weeks ago. This period occurs when the 30-day moving average of the hash rate falls below the 60-day rate. According to Edwards, miner capitulation happens roughly once a year, typically due to operational halts, bankruptcies, takeovers, or, as in this case, halving. The halving of the block reward makes equipment unprofitable, leading to its shutdown and hash rate decline. The last miner capitulation was in September 2023, when bitcoin traded around $25,000.   In the event of a new growth impulse, Edwards predicts the next medium-term target will be $100,000. However, he warns that summer traditionally sees a lull in financial markets, so the upward impulse might be delayed. Wall Street legend and Factor LLC head Peter Brandt highlights the "remarkable symmetry" of market cycles, with halving halving the weeks between the bottom and the peak. If Brandt's model is correct, BTC should reach a peak between $130,000-160,000 by September next year.   Venture investor Chamath Palihapitiya offers a much more optimistic forecast. Analysing bitcoin's post-halving dynamics, he notes the cryptocurrency achieved its greatest growth 12-18 months after the event. Palihapitiya predicts that if the growth trajectory after the third halving is repeated, bitcoin's price could reach $500,000 by October 2025. Using the average figures of the last two cycles, the target is $1.14 million.   For the coming weeks, analyst Rekt Capital believes digital gold will need to confidently overcome the $72,000-$73,000 resistance zone to enter a "parabolic growth phase." Popular cryptocurrency expert Ali Martinez forecasts BTC will likely test the $79,600 price range. AI PricePredictions suggests that bitcoin could not only firmly establish above the critical $70,000 mark but also continue growing, reaching $75,245 by the end of June. This prediction is based on technical analysis indicators like the Relative Strength Index (RSI), Bollinger Bands (BB), and Moving Average Convergence Divergence (MACD).   Two catalysts could drive the upcoming growth of the crypto market: the launch of spot exchange-traded funds based on Ethereum after SEC approval of S-1 applications, and the US presidential elections. According to Bloomberg exchange analyst James Seyffart, the SEC might approve the applications by mid-June, although it could take "weeks or months." JPMorgan experts believe the SEC's decision on ETH-ETFs was politically motivated ahead of the US presidential elections. These elections themselves are the second catalyst for a bull rally.   A recent Harris Poll survey, sponsored by BTC-ETF issuer Grayscale, found that geopolitical tensions and inflation are prompting more American voters to consider bitcoin. The survey, which included over 1,700 potential US voters, revealed that 77% believe presidential candidates should at least have some understanding of cryptocurrencies. Additionally, 47% plan to include cryptocurrencies in their investment portfolios, up from 40% last year. Notably, 9% of elderly voters reported increased interest in bitcoin and other crypto assets following BTC-ETF approval. According to NYDIG, the total cryptocurrency community in the US currently numbers over 46 million citizens, or 22% of the adult population.   Evaluating this situation, Wences Casares, Argentine entrepreneur and CEO of venture company Xapo, believes the US could be one of the first to adopt a dual currency system. In this case, the dollar would be used for transactions with everyday goods and services, while cryptocurrency would be a store of value.   At the time of writing, the evening of Friday, 7 June, BTC/USD trades at $69,220. The total crypto market capitalisation stands at $2.54 trillion ($2.53 trillion a week ago). The Crypto Fear & Greed Index rose from 73 to 77 points over the week, moving from the Greed zone to the Extreme Greed zone.   In conclusion, the forecast for the next potential candidate for a spot ETF launch in the US after bitcoin and Ethereum. Galaxy Digital CEO Mike Novogratz believes it will be Solana, which showed impressive results over the past year. At the end of 2023, SOL was around $21 but exceeded $200 by March 2024, showing nearly tenfold growth. Currently, SOL is around $172 and ranks fifth in market capitalisation. Given Solana's current position, Novogratz is confident this altcoin has a good chance of being included in the pool of spot ETFs. Recently, BKCM investment company CEO Brian Kelly expressed a similar view. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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