What if it is too good to be true?

in #hive-16792213 days ago


I received a message from an unregistered Whatsapp number asking me if I wanted to send them specific screenshots from a specific website for a daily pay of up to $60. First, I looked into this Whatsapp number and discovered that it was registered to a private individual, not a company; they did not have a profile photo, and nothing about them screamed legal organization or company.

It was a WhatsApp number associated with a South African country, but I know this is a simple trick that even inexperienced internet scammers can use. This person made a mistake by making the offer too good to be true.

It was initially too difficult for me to resist asking this person what the job entails, and they proceeded to provide the details, which is where I backed out. I wanted to keep asking this person about the job details, but I was too busy to do so.

Another scam alert was that this Whatsapp job offer lacked a human touch. It felt too AI-like, as if it were a prewritten conversation. In fact, this person could have simply copied and pasted these things from the internet and sent them to me.

There were so many red flags, and taking screenshots to earn up to $60 seems unrealistic. Many people have attempted to scam me on the internet, but the last time I was scammed was in 2011, which was about 13 years ago when I was still under the age of 20.

Although I have lost a lot of money over the years due to overzealousness and attempting to be too smart, I have never truly lost to a scammer out of greed. I will not say it is because I am smart; I believe it comes down to the fact that I do not have enough money to lose.

Now, I am not sure what this scammer wants; he or she will most likely pull off some shady things in the future, but I do not think I have the time to waste.

Too Little For Too Much

Now, the reason people get scammed in the first place is because they want way too much for so little. I understand that everyone wants to make money in life, but when people start looking for the next x1M with little effort, they are more likely to fall victim to a scam, which is exactly how scammers operate.

But this person has no idea that I would never have fallen for something like this. This is far too much money for so little effort. Perhaps they could have made it look more realistic. I understand that you need to persuade people with an irresistible offer, but *90%" of things that sound too good to be true are, in fact, too good.

Although other red flags could have helped me see through this person's deception, it was a good effort by an inexperienced scammer.
However, many things that seem too good to be true in life are true; it is just that they are extremely rare.

HBD's 20% APR sparked a lot of debate

One of these was the 20% APR for HBD. It was so good that some projects were labeled as scams by Twitter users. However, they were unwilling to simply try it to see what happened. These guys have probably been on web3 for a long time and have seen Luna, and stuff like Luna makes realistic stuff like HBD look like a joke.

Now we have HBD at 15%, and I believe it will stay there for a long time. The witnesses believe it is time to reconsider the 20% APR, which has been in place for over four years.

As I previously stated, we cannot have too many "too good" things in life; they are simply too rare, and Hive is one of those rarest places. I read a post by libertycrypto in which he stated that he discovered Hive through paid content on the Internet over 5 years ago.

He also mentioned that over 9 of those ventures have died, but Hive has only gotten better in 5 years; this is another topic for another day, but I just wanted to throw an allusion in so you could understand what I mean.

Again, we have seen so many red in the crypto market, and we no longer trust anything that appears green; we see everything green as a bull trap, and this is due to the previous 24 months of endless dips. Do not be fooled; instead, be prepared.



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This reminds me of my loss in CryptoBlades in late 2021. I was in a hurry to create an account for my son because I thought our IT knew what he was saying.

So what happened? Did you pay to get an account created or?

Yes, I did. When the price of SKILL crashed, my son lost interest in playing the game.

A very crazy offer😅😅😅
They even made a mistake of not texting the right person that will fall for their scam😅😅

Well, it's good money, the country is hard and many will fall for it.

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I think with human logic, anything that's seems unrealistic is too good to be true, earning much more than the effort one puts in is kind of rare, for the most part. With AI, I think scammers could get more sophisticated and tap into different human emotions to scam their victims.

But I think everyone should draw a line when the returns of a venture becomes too good to be true.

People that don't come because 20% APR was to good to be true, will not come with 15, 10 or even 8%.

20% was good and sustainable, 15% is still good.

I agree on this. Anyone who don't believe that 20% is good won't believe that 15% is also good.

They just shoot like with a shotgun, when you shoot many times, you will hit something, SOME people will still fall for it, either because they're inexperienced or greedy. Good you didn't! Crypto made me very paranoia, I don't trust anything on the internet 😆

You're right, they're probably just shoot until someone takes the bait and they make their money. I wouldn't have the bait as I didn't have that much time.. and I'm not greedy

Lol, the offer was indeed too good and you saw through it. There are many of such and like you, I always ask them to explain because I want to understand the scam and how it operates inorder to always be ahead and never fall prey.
One just has to be careful cos the whole place is littered with scammers.

I didn't have the time if not I could have inquired more from him, so as to have an idea, how the person actually planned to run the scam. However it was, it was obviously a scam from miles away.

i have seen a lot of projects out there on the net, but when i look at the potential payout and the effort required, i just know its some form of a joke i know it wont last...

One of the reasons why i believe so much in hive despite been decentralised is that effort and rewards are matched head to head, both parallel lines must equates, its like input/output stuffs, so its so real thats why i can bank on these project call hive anytime anyday

To some extent, some part of Hive still feels unreal. When I got into the earning space about 9 years ago, a lot of things didn't seem real about the internet, but at the end I was pleasantly surprised.
I think gaining just too much for almost nothing is when it begins to be fake

Its like few days ago when a colleague of mine, asked me to pay up 6k for some stuff i need to register online then all i need to do is claim 1,200 everyday for doing absolutely nothing except post on tiktok about the platform, it sounded cool but too good to be true...just as u put it

I think that whenever a message or call like this comes, promising something so incredible for such a short amount of effort, it is dangerous and we should look at it calmly, think before we act. Is something too good to be true? I think that at the moment Brazil should have serious politicians who truly want the best for their people. It is a cliché, but that is what has been happening here.

@bhattg thanks

I think anything that is too good will go away over time. I miss the 20% HBD APR rate but I still think 15% is good. I do agree that people need to be careful though because that is the most likely time for us to be scammed when being greedy.

15% is very good like you've pointed out. Anything that actually makes the chain sustainable.

Just like you, I have received messages on my WhatsApp, too, regarding work. A big red flag to me. How someone would Dm me through WhatsApp for a job I didn't ask for is super interesting. I clearly don't know how these people think.

but when people start looking for the next x1M with little effort, they are more likely to fall victim to a scam.

I do agree. This is exactly how MMM took people's money that year. One has to be careful and apply common sense to these things if not, we'll end up being a victim.

I did MMM too back when I was very young. I was hustling to survive and we actually joined that hype back then. I don't have money to actually lose due to greed, I might lose money sometimes unintentionally but freed? Ahh no, I don't think so though.

Hive is a wonderful place and I believe that it would be around for a very long time. Hive is too good to be true, but it's true... 😊

Yes, from the beginning, Hive also felt too good to be true

Now we have HBD at 15%, and I believe it will stay there for a long time. The witnesses believe it is time to reconsider the 20% APR, which has been in place for over four years.

eermm... if my mind is not becoming too entheogenic, my memory completely psychotomimetic and my math already became too old and obsolete. I would say that from April 2022 until today, September 3, 2024. There is no way that over four years have already passed.

Oh, I thought it was actually set before the bull run, I got way in over my head

LoL, don't worry bro. :)

I was just trying to clear the cobwebs off my foggy memory in an attempt to clarify things a bit. An unpleasant practice that I suspect I should do more often after more than eight years in tha blockchain. That's all!

Cheers!!

Many people have attempted to scam me on the internet, but the last time I was scammed was in 2011, which was about 13 years ago when I was still under the age of 20

Yeah, at this point, it's become extremely easy to spot scams. These scammers don't even put in the effort to make the scam convicning anymore. They just spawn up easy stories to catch people who are completely inexperienced. We all used to be inexperienced after all. Telegram is usually where I run into these scammers though, so I'm surprised it's come to Whatsapp too.

They're now everywhere. I think the reason why the scam is no longer clever is because, there are more scammers than the people who are going to be potentially scammed. Unless one is greedy, you can actually see through the fake stuff.