Flag all scams/referral links/shit you can find!

in #money6 years ago (edited)

Image of Bitconnect Scam

Hey everyone!

I'm back and whilst I was checking out the "new" page of the money, cryptocurrency and more tags, I continuously found referral link advertisements to scams and complete garbage posts. This is not what Steemit is meant for and we should punish these people accordingly.

My suggestion to each of you is to downvote these idiots. There is mostly 1 kind of scam that's being advertised, which are the "Ponzi schemes": Scam programs that pay the old investors with the investments of the new investors. Some examples of these Ponzi schemes are:

  • Bitconnect
  • UsiTech
  • Basically anything that offers too great returns to possibly be legitimate and tells you it's risk-free.

Now I'm not saying that anything that offers good returns is a scam. I'm simply saying that most of these are. And combined with a weird explanation of their money-making method, referral programs, etc... I'd say 99.9% of these kind of programs are ponzi scams. You shouldn't invest in them and you should keep others from investing in them too.

How do we stop these Ponzis? We stop Ponzi investors! How do we do that? We can start by flagging all the Ponzi Scam posts we can find! Just flag them! If we all work together, we can stop these idiots. Not only are they spamming Steemit with garbage, they're also making people lose a lot of money.

Summary: Flag all scam advertisements you can find! Let's clean Steemit!

Sort:  

Coin Marketplace

STEEM 0.36
TRX 0.12
JST 0.040
BTC 70744.80
ETH 3561.94
USDT 1.00
SBD 4.80