Bitcoin Forum

In my recent bounty participation, all is good and i have been paid in all my hardwork. The tokens that i hardly earned is already in my ethereum wallet and the coin is already traded in forkdelta. But suddenly the telegram channel of the bounty shut down and also the forkdelta is delisting the coin. My question is, is this possible that even the traded coin can be end up a scam? as a bounty hunter it’s not a big loss but i’m pitty on the part of the investors that nagging that they are being scam. How?

In my own opinion, I think it is very highly possible. The investors expect a product that can actually deliver its functions and it will make the price go high. Well, it really depends on the coin if it has a function or not. But it's a real pity for investors to cheated like that.

Shut down telegram channel and exchange delisted coins is a signal for it's already become scam/dead coins, why you think bounty hunter not a big loss? I think bounty hunter same as investor, we use our time to exchange tokens rewards, it's a real money if we sold it early, but decided holding and wait for better profit, project owner run away, all of us also nagging that we are being scam

Damn I feel sorry for the investors who have been scammed because there's about 80% that it really is a scam. Waste of time, waste of money and waste of effort for you as well.

First.... You have to try searching information about thats coin...
Maybe in the web. But, if you can't track about it, i think 99.9% scam.

well, is there any point of keeping dead token / coin?
i mean, is there any investor who want to support token / coin with dead project? many of ICOs using their tokens for usage on their platform. but when their project is stopped, is there any merit to keeping the tokens?

Wow they cut and run with ICO investors money.  I'm surprised they didn't just stall the project for a few months then say it failed.  Why make it look like such an obvious heist.  

It looks like you have faced with unfair/scam activity subject to it's not a bounty channel that you referred to. Want to avoid being scammed? Do your own research before make a participation decision.    

It is possible. It would end up getting delisted in the exchange and removed from the market. Then the team would suddenly disappear out of nowhere and say goodbye to your money.

I guess the forkdelta will give the reason how they can delist that coin from the forkdelta exchange site. as long as it's only listed on the forkdelta and it can't be considered as another scam but if it's only listed and it get delisted by forkdelta and it's obviously another scam coin. you can see that how a lot of altcoins are turning into a scam. Dent has been doing it by dump a lot of coin to the exchange site.

It is sad to find such a case, the dev is not responsible, it is very harmful and disappointing. But this is as learning to be able to choose projects that really can be accounted for. To be sure we remain cautious and conscientious for the selection of ico.

Lol. You should know what Bitconnect is. The fact that the coin was issued on the exchange does not mean that the project is successful. If there is a small volume and there is no interest from market participants, it can easily be delisted. I think that you can forget about your coins.

Anything is possible here most especially those traded in smaller exchanges and I think ForkDelta is categorized under this though am not saying that if one is in that exchange then it should be suspected as a scam. The point is that in cryptocurrency anybody can start a blockchain-based or token-based project, get funded, get traded and then slowly let the project die its natural death...then create another project again. This is what scammers are doing and I pity those people who will believe on them and their promises. You see, this is the biggest problem with cryptocurrency it has become so easy for scammers to exploit the platform for their evil intent and for now there is not so much we can do about it except being vigilant and not be one of their victim statistics.

do you not analyze it first before following the project? the incident could happen, of course as an investor would be a big loss, and we as a bounty hunter also feel the loss, although only a loss of time and some costs while doing the task. it is important to examine in advance how the project will work, their team and roadmap, sometimes at the very beginning they are very persuasive to remain after the ico is over and the coins are distributed, the project is left uncertain, they run away with the investors' money, this is true fraud

that absolutely can happen. Much crypto went up floors then a time also scam clear off the floor and telegram :) it's sad for the investors who believe in them

I think it's probably a pretty obvious signal that this token is a hoax.
If the token was not a hoax, they would not shut down the telegram group at will.

I think there are many things in the world of cryptographic currencies because they do not yet have certain rules. Unfortunately, this is happening and the participants lose money and effort.

I think that Bitconnect was a successful project ;D. They have achieved their goals ;D.
I remember the OTHO project. This token was on Etherdelta until the end of the ICO. On some decentralized exchanges, everyone can add a token. It turned out fraud. Also on Yobit can be listed any fraudulent projects.

Yes it is very possible as you have just witnessed.  There will always be scammers in all walks of life.  The projects blame bounty hunters for dumping coins right away however they never blame these scam projects for causing the situation.

Well, yeah that is indeed very possible. You can get your coins and the team will run away with the funds. They won't give any updates or whatever and you might not hear from them again. It does happen in crypto. By the way, don't say you're a hunter and so it doesn't hurt you. Buddy, you invested your time and energy as well amd so you should be concerned so that you can do your checks well te next time.

What a waste of time and effort for bounty hunters like you who participate on that project and a waste of money to the investors.  :(
As for the exchanger, I think there's no problem of delisting a scam token/coin in their exchanger, it is not good for them to keep and let unvalue token to be on their exchange list, people might think that they are part of that scam ICO if they let such tokens to be on their exchanger.

I think it may happen because their telegram group is not active and all the investors must be confused and cause doubts from the coins and I think if this happens the coin will not last long and become shit coin

It is possible my brother. Everything is possible in this crypto world. You see they were trading to get what they want and i believe they have gotten what they want. Scams are everywhere and they are trying hard to get what they want.

That is the reason why you should always check the platform and the developers behind in order for your efforts to be payed off after the campaign ends.

I feel sorry for those who invested in the ICO. It's now obvious that the ICO is a scam and the tokens derived from it automatically become shit or dead coins.

I think if the telegram and in the market is not listed then the coin is a SCAM, with such an incident the coin's auto is problematic and will not release but in my opinion from the cheat developer. As a bounty hunter, such incidents are very sad but it is already a risk for any bounty hunter if it finds a SCAM project. You should be patient and continue to look for other projects.

yes, it may happen, like "sh@t happens".
Exchanges will list tokens from beginning with low requierements and needed fees, but if during the campaign project will reflect as a scam, it's nothing worth to erase or delist that coin.

Scam projects are getting too much this days ,we all need to be careful and do proper research before investing

agree, 80-90% of the ICOs are scammy now. worldwide legalisation of crypto should get rid of this problem

that's possible if the ico is a scam. now we have to be more careful and thorough to always check the ico that we follow because we don't know whether ico that we follow is legit or scam. therefore we must be more careful in choosing ico by understanding it first before joining into it.

It is a pity that such projects have a place to be, the cunning team just took all and threw for sure!

Based on what you had testified, I believe there are really ICO's in the crypto market were participating just to get more people to invest their ICO and later would left just like what other scam ICO's were doing. It's so sad for those investors who had been scammed for such ICO and it should have been better, before these ICO will be allowed in this forum, they should undergo a thorough validation and rigid screening prior to be accepted to operate their ICO. In this manner, scam would have been minimize and avoided.

Unfortunately, it’s a huge part of our work. The greediness of people has no limits. When founders realise that a large amount of money, that they never seen before, in their hands not being controlled by regulators can be easily stolen, not everyone can stop themselves .

Token being distributed and listed on an exchange does not make it less of a scam. As long as the devs or whoever those behind the coin or token never had good intentions whatsoever in bringing up any good project in the first place. This is the reason a lot of people or investors need to understand that it is important to always check the team and the availability of product before forging ahead.

This does not mean as a bounty hunter you cannot do the same, as you need to remember you have a part to play if pushing out scam to investors, and also you should know it is better to be doing work for few reliable and worthy projects than hundreds of shitty projects.

oh you can only watch open-mouthed as scams find new ways of having your money. really, it is evolving every minute. but i still hope there's some mistake and you'll sort it out

Yes it is possible for some ico's. Forkdelta is not that a big exchange, i think its there way to exit the ico's listed on forkdelta then after sometime it's being scam

It happens and it's continue happening based from what we've seen from the market, those new ico coins after reaching exchange and the scam devs seen that there's no chance to keep collecting more money, they will just end it up dumping their own coins and the fact that volume is really important to most exchange it can be removed and delist the said project/tokens.

Yes, this is very possible because most of this projects do not really have good ideas, they wait to get the trust of investors and when they get listed, some of them crash but the potential of a coin depends on the main idea of the project, the dev and management team and also the community. Some of this coin crash because ones it get, investors sell immediately because they are not sure of the future and the news spreading around a coin also affects the price.

You can make your personal coin and trade it by contract in forkdelta, listing on forkdelta means nothing, it is a decentralized exchange and they don't investigate tokens that are traded there.

Really cant tell till you determine that if they will pay or not on the end of the project. But yeah, it's fishy why they have to take down their telegram accounts. It's very alarming.

As far as I know, Forkdelta hasn't delisted coins ), because it is the decentralized exchange. But if telegram channel shut down it is very bad sign of a scam coin.

Sure, I don't know really just 1 example for delisting coins from Forkdelta. Even scam coins are traded there now, for example, Dinario (DNO) - it has scammed a 5-6 months ago but still traded there.

Lol, I haven't met this situation yet. Could you please share which bounty thread it is?
I think this team respects the bounty hunter very much, because I participate in the fraud of the ICO project, they will not pay any bounty.

therefore for those who invest in ICO must carefully read it and its mission also and his team as well. because now many ICO coins are scam and fraud

Yes it could happen if there is no trading volume on the coin. the exchange will remove the coin on the list of coins traded on the exchange. this makes investors lose their money.

I am bounty hunter too and I very sorry for all investors for their money in ICO also, because in this year I saw very much scam project, from 50 campaigns only 2-5 projects will be traded on some exchanges.

well, most likely it's scammers, I participated in a similar project named Denaro, just knocked over all

this is a bit weird, the solution. You contacted Developer, and you asked smart contract, I think have been in trading at fork / etherdelta then maybe there is no fraud. try contacting them through their telegram channels.

Yeah it sounds to me like they set the whole coin itself up to fall apart after they've collected their cash and were long gone. It's a pity that people do such terrible things, and unfortunate that you wasted your time on this (even if it wasn't much effort). People expect scams to happen in the beginning, but after everything finishes and the money arrives in their wallets, they let their guards down. It's tempting to let it sit in there for a while and your investment to grow, but there's no telling yet if it is a legit coin or they just listed a bag of hot air.

yes, some projects can be a scam after successfully out of ico. as in some cases that happened to ico centra and tbar. both projects became scam after the discovery by parties such as sec legal entities from the United States. maybe you can read it in some google search. this is due to various factors. so chances are like that.

ForkDelta not the stock exchange, delisting which seem unrealistic. Tokens as suddenly there appear, also suddenly disappear.

Yes it's possible because its their strategy to.make people believe that they are true project but in the end they will be scam. That's why we need to extra careful to choose the project we participate because some people change their mind when it comes to money.

Of course, it is. They can run away with money any time, doesn't matter whether a token is trading on an exchange already or not.

Nothing impossible to bitcoin.because People expect scams to happen in the beginning, but after everything finishes and the money and token is trade.

You will have to get used to the fact that fraud with ICO is very common and you will come across it more than once.

Yes i think this is what happened to me and others that joined this project. It hurt that in reality this is commonly occured and unevitable. I hope there will be some way to avoid this kind of scam scheme in cryptocurrency.

I am also a bounty hunter and that is absolutely true that nowadays there are only few ICO’s are really going to be listed in exchange. In my experience although you make all the effort to research all the info about the project and being listed in an exchange is not a guarantee to be a true project, some are purely scam but you will noticed it at the end of the campaign.

That is possible because one of the main reason why the telegram channel is down is they are already scam I already experience that kind of scenario when they already distributed the tokens and on the process of exchanging it the the telegram channel is down and also the other one that is intended to exchange the token. I hope you might not suffer that kind of situation again.

You have to be more careful because it could be an indication of a scam. not only investors who get the loss but the bounty hunters also loss their time because we have to wait a long time for that. when I choose an ico I will join the telegram group in following the progress of the project. but if the telegram is removed i think it's a bad thing, most likely the project is indeed a scam.

actually the problem is very likely to occur. Because all things are however very likely to occur in the crypto. Indeed it would be very detrimental for investors, but we also cannot avoid it. all we can do is just keep trying to better.

if the telegram channel being shut down and forkdelta or etherdelta delisting the token,,
in my opinion thats a big sign of scam project,, also your token will be a useless token mate

The possibility of the bounty project that you are following is a scam. They will not close the telegram channel, because it is very important for investors to get information. If the channel is closed likely that project is a scam.

In my own opinion is 99 % scam base on what you are stating above, but yes you need to take time to search any information about this coins on what happen, why those things happened.  Now a days scam project is scattered anywhere, so sad.

Yes it's possible especially when the telegram disappear and the tokens got delisted on exchange, i believe that they already dump all their tokens to get more profit and leaving all investors and bounty hunters in despair.

in my opinion, it might be possible if their team ran away and the telegram group was not active, of course, it was a scam project, we could only be patient and leave this project and proceed to projects that have good potential.

It's highly probable but i've never heard of such case. But if every social media platform shut down, it's a good indication that something is a scam. And because they're avoiding any communication from the community to them, it'll look like they're running away from something. And they're running away with the money.

Scam is not only about possible but also reality, it already happen in my asset right now. That's part of risk and ( maybe ) why many people exchange their tokens ( payment ) into bitcoin/ currency after get pay, to eliminate scam possibility. Now you learn something that crypto market and become bounty hunter is not easy, learn from mistakes and market condition will create better investor/ trader.

Everything is possible with crypto so do not panic and be calm. Find new contacts of the manager and talk with him. Choose projects more careful in the future.

In this crypto world anything can be possible. Dont judge yourself , it will be mistake. Scams are possible , prices are changeable.

It's possible that the moshinski have launched their own token, and they will crush the crook as the airdrop. And after how you want to get them, you will be asked to download the applications and enter your data. So the data will be at the moss and all your monets from the purse will be stolen. Be careful

Me as bounty hunter i really want a good ICO to participate because my time and effort is at stake. But in my post, my position in this scam project is much more better than the investors who invested their hard earned money than my time and effort that we both loss in this scam. I hope this scams one day will stop to regain the trust of the investors in this crypto market.

I am not expert in such questions but to my mind this is unlikely to happen. You should learn more about this and ask specialists to get the consultation. Now it is possible to do even  without leaving home

I think it is very possible for such to happen
the problem is investors have not wised up to blame those scam projects; but instead they blame bounty participants which isn't right in any for or sense neither

lets just hope that scamming reduces significantly

As a bounty hunter, such incidents are very sad but it has become a risk for prize hunters to find a scam project. You have to be patient and keep looking for other projects.

Yes, what you said is also possible. Although I have not encountered such a thing, I usually sell it immediately after receiving the reward, because most ico projects have no value, so don't waste time, I choose to sell immediately. Reduce losses.

Whoa! And it happens! Perhaps this is possible, but I the first time hear about such a! I've seen projects that received tokens and then disappear, but that project went to the exchange and then disappeared. about this level of fraud I have not heard!

It's 100% scam and once the admin abandon their telegram chat without a valid reason then it's a scam project. Listing on forkdelta is easy and so many project had ended that way..scam exit. Getting the token at our wallet is not a guarantee that it's a good project. This is also the reason why some bounty hunters will sell right away their token once it get listed.

Its sad to admit but yes it is very possible it is a scam. No serious project with big community do such things as shutting down telegram or any other social media account.

Actually it is hard to prevent scam here in crypto even in a real world, there is no way to stop it.
The only you should do if you are encounter an scam project is move on, forget what happened to you and search another bounty.

Yes, we will encounter this situation when we do the bounty task, so what we need to do is to be more cautious when looking for the bounty task, to avoid encountering such deceptive bounty activities again, looking for It is a good thing to spend more energy on a bounty event, because a good bounty event can bring you more profit.

You have to keep in mind that many scams spreading when in terms of Ico. Suddenly they shutdown the telegram and runaway the funds they collected during Ico. We have to keeps on searching the best Bounty to join for us not to be a victim of these scam project.

if that is the case then it can be ascertained that the project is indeed a scam, and you have to be heartened to face it, in the crypto world like this it is very prone to fraud, for that if we are not more careful in choosing a project, then most likely we will be victims of fraud.

Not sure about the technology of the appearance of Cohens on ForkDelta, but if I'm not mistaken, they appear with the help of people and etherscan. So this situation is quite possible.

Do not pay muuch attention to this situation, it is possible, unfortunately. Such programs are hard to be controlled so just be more careful about the next one.

Of course, it can be. Moreover, it can happen with a very successful coin. I took part in the bounty, where the coin was sold for a long time on the exchange for good money, and one day it turned out that it was a bastard.

keep in mind that forkdelta is a decentralized exchange where everybody can sell any token that is transferable. so it can still be a scam even if you receive the token and it get listed on decentralized exchange. my advice do more bounty at oance

Well, as we’ve seen — it’s quite possible, although I don’t see any point in this, even in terms of fraud.

I agree with you. Seems really suspicious. Nobody should vanish just like that and rob people out of hope for profit. He can track down the scammers, but what for? Just accept the situation and move on.

Yes any coin can end up being a scam, it does not matter if the coin has been listed or if it is being traded, you need to realize that there are a lot more sophisticated scam coins out there that you cannot even recognize as a scam from a glance. This is the reason why bounty hunters sell their tokens as soon as they get them, because they want to avoid stories like this.

its really sad indeed, and am sorry that happened to you. well, with that, then its very much obvious that it is very possible that its simply a scam coin.
sorry mate.

There are a lot of cases of traded coin or token which ended up scam such exmr if i not mistaken. Sad to hear about that case, investor will never forget and cause for stop participating in any ICO even good one. Here in crypto we cant fully determine which is scam or not. Brain is unpredictable matter and anytime can change mind.

Of course it is possible if the project is scam ) I remember such project as Dinaro, It is already scam coin, they deleted their chat but the coin is traded on Forkdelta now.

It is possible and I have experienced the same. Though not from bounty, I got the airdrop of worth almost 0.2 eth in Ionchain token. Next they emptied out there wallet, sold everything and ran away with all the investors money. Its really sad.

You contacted developer, and you asked smart contract, I think have been in trading at fork or etherdelta then maybe there is no fraud. Try contacting them through their telegram channels.

Everything that is very possible in the crypto world. Even as you mentioned, this has happened quite often in the crypto world. What is usually used as a benchmark is how the coin is listed by an exchange that does have a good reputation. It can give more confidence that the project will end successfully. So as long as you are in the crypto world then you have to work hard in determining what bounties you will follow.

It's really annoying and sad when that happens, the team just disappears and the coin delisted. It's quite surprising that they decided the disappear at that point as the token is already listed and could be traded. They should at least have made an effort to raise the price and make a go of it. Normally they run away when they have received enough from pre-sale investors

Yes its is possible that a certain coin even though listed would be turned out to be scam just like bitconnect , centra and pincoin. I already experienced this kind of incident. Have coins until now that turned out to be non value. And sadly it is just waste of time and effort.

yes it can happen often, no wonder the exchange removes the coin for various reasons and I think it makes sense when it's a scam

Unfortunately, it is usual situation. I have faced with this problem, when I sold my coins and in the same day the project turned into scam.

Oh yes this is very possible, there are a lot of scam coins that are on exchanges. What you need to understand is that a lot of these scammers actually work to get their coins listed on exchanges and with that they can sell off their coins that they have. They always have a larger stash and once they have sold, people start to realize that the coin is a scam and they are getting delisted, this is why bounty hunters sell as soon as they get paid their rewards, to avoid situations like this

Forkdelta is not a serious exchange and I am sorry but this coin is actually a scam. If the only exchange where this guys are listed are ether- and forkdelta, the team has failed their goals to achieve at least some trading volume.

Of course everything is possible in crypto. Even the coin have been listed for very long time, it still can be a scam coin.

Trading depends only on supply and demand. If there is enough buyers you can sell almost everything. For example I will have a good marketing and I will promise you better future and so on, but I will not have any product- you will probably buy it because you believe that it has a value.

So rude to say that ICO project scammed you. Generally, the non-potential Token almost being traded in Forkdelta. And I suggest you that when joining any bounty of ICO project, the first action you should do that research carefully about ICO, dev members and the popularity of this project in the social network.

There may be constraints or other things that make it. at least there is a clarity of this but when the team could not be contacted this also become constraints. just hope you get the coins will start entry in Exchange again though it was for a long time. but an indication of a scam persists because of the events that you have to say.

It is very possible especially when the dev has been able to do away with own coin and have been able to make their own profit and more especially when the project is not looking like it will bring more profit to dev.

it looks like you are the lucky one, mate! congratulations, because what you described does look like scam. i just wish all of us had that supply of luck. be careful in the future projects ;)

Yeah sure, that a coin is listed on the exchange doesn't mean it is a good coin, some people list coins on the exchanges just to dump them and make their money, so even coins on the exchange can still be a scam.

Yes if the team intends to scam, then the coin will be turned into a scam. But in the forkdelta case, they can delist it but still you can make trades. Forkdelta is known for a free listing exchange. Even if it is still not listed on their exchange you can make trades on it by just copying the smart contract address on the token.

at least strategy has a good bounty hunter in this regard but they are thus thought to be damaging to the market price. I have also never encountered ducts telegram bounty disappeared and sure enough, it was a huge scam. vigilance will be necessary for the bounty because many persons are currently very often makes the bounty this kind of scam.

Based on your statement I think its possible that those bounty are scam, and the listing few days in the forkdelta is one of their alibi to hide their  real intention.

Well, a coin could die over the time, when there are no more people trade the coins. so it loosing it's value.
That way the exchange market will remove that coins from their market.

Of course, this is a sign of fraud, the project is really a scam. Not only investors get losses, but also bounty hunters who spend their valuable time. They need to work for a long time and wait a long time for the distribution of tokens, which most likely after distribution will not cost good money.

I think it might be full. Why not. Initially developed to merge their tokens on the stock exchange. Then the project lives its own life there are many such projects. I don't think this is a secret.

Unfortunately now this happens very often, projects are closed, their tokens lose any value on the market

Well, that is very possible to happening. Forkdelta exchange is not the indicator of the success project.
I think if the project listed their coins in big exchanges like binance or bitfinex, it can be the indicator of success project then.
Both investors and hunters must do their due diligence with longer time, so they won't end up being scammed.