Bitcoin Forum

what's wrong with all these billion dollars coin/token pump, hype, new pumps, scam pump, scam nonsense promises, scam hype before they even have a working wallet or development?
do they think it's going to sustain forever? i mean what's going on? mostly the chinese side.

i think this is the harm of altcoins. these scammers bag fiat and run, just like ethereueim scammers alien kid, they dump crypto and invest in real estate or something else.

You answered your own question.

No wallet, no working software, and mostly hype. That's what's wrong.

Why do these ICO's do this? Because there are enough people who fall for the hype - some are even worried, they might miss out on great opportunity.

yes, i think i've answered my question but i though i might missed something. after 4 or 5 years in crypto and i still don't understand it, why these morons keep falling for the scam? i mean some shit don't even have a working wallet or development and worth hundred of millions or even billions. i meant what they're really see in it to invest their hard earn money with it, is it because of hype, fake promises, or fake news? most of these shits offer nothing, just nonsense promises just like paycoin, crave, stealthcoin, deeponion, pinkonion, lisk or other shits. i just never understand.

It's a wonder where all those money were before cryptocoin and token.
And infact cryptocoins and tokens are mostly an unproductive investment.
People should rather focus on investing in productive sectors.

Just give it a few months. Before the New Year there is going to be a MASSIVE crash all across the board with crypto. Everyone and their mother is going to lose huge money except for the lucky few. We are in an absolutely massive bubble that is bound to burst at any time. It is only a matter of time. I give it a couple of months and maybe until late January at the latest. Don't say you were not warned!!!

Again you answered your own question. On the market it's a lot of newcomers, learned about crypto a couple of months ago. They just don't know what to do. They think that ICO = IPO and as reliably.

Yes there is lots of coins dumped very hard some coins in my portfolio had 100's of dollar value now its nothing . Even i dint have any hope on that coin even i kept it hold (foolish decision i ever made now i really regret on my decision). Some of the coins having really working model even that also dumping hard . Some of the coins like COSS trying to sustain in this hard dump. Hope after bitcoin fork everything will settle down.

I think so too that there will be a big crash but it's mostly to do with the big surge before the BTC hard forks and then the big dump after. I wonder why you think it won't recover and grow bigger, just like it did last times after crashes?

No wallet, no working software, and mostly hype. That's what's wrong.

after the dump, there will be another pump, we know it because we have seen before and its happen over and over. actually i am curious too with what happen next after the fork and until the january is come and if there is a big dump for btc or altcoin, then i think the price will recover and its have possibility to reach the high price again.

These kinds of behavior of the market of cryptocurrency so normal as of now because we can see a lot of these kinds of scheme because they are cooperating to the other whales to make a lot of profit from hypes because they know that the sick of the people are called FOMO (Fear of missing out) so they taking advantage of that to make hype and hype other people to sell tokens out of them.