Fool Me Once: How to Spot a Cryptocurrency Scam (The Cryptoverse #144)

in #crypto-news8 years ago (edited)

On today's episode of The Cryptoverse:
Ignorance and greed have been described as the fuel that has powered the engine of most scams and financial malpractices.

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Sources:
The Original Article on The Cointelegraph

OneCoin's Website

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This post has been ranked within the top 50 most undervalued posts in the second half of Nov 15. We estimate that this post is undervalued by $9.67 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Nov 15 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Many times, if you're already wondering ... you've answered your own question.

I don't know what you mean.

If you have doubts whether or not something might be a scam, then it's a good possibility it is.

I would say if a person has significant doubts (for whatever reason) it's probably best not to invest :)

Can you add more currencies options for donations? Such as Monero, Litecoin, Ethereum, Dash, etc? It would remove the shapeshift/exchange step for the donator if they mine those currencies. Also, could you put the donation addresses on your Cryptoversity or personal website? All I could find was your Bitcoin page on ChrisConey.com - I thought your About / Donate page would be the likely place (I see it in this Steem post too).

The Bitcoin donation address is already on the podcast page, I mention it at the end of every episode: https://www.cryptoversity.com/podcast/

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