Bitcoin Forum

People are shilling some stupid coin around, they are saying this coin is good, bla bla bla. Don't invest just because people saying it is good or don't get into a coin just because it was hyped recently. Better do your own research with all information and only then decide what to do.

But if it is a small cap coin and many people are talking about, you can use it to your advantage. I remember when everyone here talked about Antshares (NEO) and this coin made huge return!

They promote electronic money because they own those electronic currencies at very cheap prices and they want others to know that electronic currency.  That's the way to create psychological fomo, so those who know them have bought and the value has been pushed up for a short time, those who bought before started taking profits.  A devilish game that I often see and don't deny that people who bought them after fomo were tricked.  They may never be able to return after the investment failed.

This cannot be avoided to hear from untrusted group of people from common social media groups. Shilllings or any source of hype data is always possible to gather much attention from innocent people. If we do a personal research, it must have confirmations of the actual platforms of the project.

Yeah I really agree with that, be aware of being a scapegoat if we buy then there will be a dump at this shitcoin so the loss is inevitable. Doing research is the most important thing and don't listen to what people say.

You are very right we often see coins shilled not only here but also at exchanges troll boxes and chat rooms and we should stay alert because most of the shilled coins may be pump and dump coins which do not have real value.

90% of the posts in altcoin boards are shilling some coin one way or another. it is not just the one coin you saw. in most cases people buy some altcoin then that coin gets dumped and they lose money so they start a mission to get everyone else to buy that coin so that they could dump it and get their money out.

Are you sure about this? Cos I wonder how many people can be drive to buy a coin just because someone said its good ,what significant effect can this bring into the coin's life? It takes thousands of dollars to make a coin surge in value

first of all that is not what i said. i said the bag holders try to get others fooled into buying their dumping coin, i never said others are listening! in fact in most cases nobody pays them any attention.
secondly, it depends on the coin. most altcoins can be pumped very easily with a lot less money than you can imagine. for example there are coins that you can easily pump to the moon with 0.1 bitcoin!

I have seen some coins shilling coins where they are the bag holders and just want people to take his dump on an exchange, investors should always do research even if the one saying this is a good trader or has a good reputation we never know if he is paid to post this or he is a bag holders.

Unless you have to believe to those people who give an analyst or even some fact that the coin/token have many opportunities for the price up. Don't heard some people says the coin is good and have potential without any reason, because it won't happen.

The price of cryptocurrencies are depend on speculation, if there is a lot of media who convey the latest information against the coin/token suddenly we will see the prices coin/token will be up.

Such as what has happened on Dogecoin, if you know Binance exchange will list DOGE to be traded on their platform then you have ti believe that the token will be up when it happens in the future. It is up to you to believe someone else suggestion or not, but it will be good to know the real reason why they said like that.

I totally agree with you. Shilling is actually not a good thing. If someone advertises a coin because the person was hired to make it good to the public even ot was not. We should be very careful on choosing tokens to invest if really want to support a reliable one. Research will really help on deciding which one.

Whether you like it or not, it is many times the only way people like me who are not that active here on this forum, get to know about new promising coins.

everybody shills a coin. when you wear a signature of a coin you support that can be considered shilling still. but my point is do you search. its not because someone says its good coin, you just buy the coin. you will soon be buying all of the scam coins if you listen to all the shills. the market is not going anywhere yet. do your research and come back to the market to decide.

He isn't wearing a signature of any coin, it's a gamble site. However, promoting also does mean shilling but that's thousand times better than posting spam garbage here for attracting investors. That's really a shit way.

You're right about shillers in this forum. But you should know that there are more shillers outside this forum. The thing is, we are being caught up with shilling. We should search for that coin and the project behind it. That's the common mistake we are not doing. We're not searching for information regarding that and we'll blame shillers.

There are many such shilling posts recently. Most of them dead coins or pump and dump ones. Making fake buzz about. Newbie investors should be generally cautious about such activities. Try to confirm things from more than one place and try to research yourself. It's not much difficult to find out scam coins. It's just much more difficult to find profitable one.

Even many people think that suggestions from the random people help them a lot to make profit from the new crypto projects which is even itself stupid question right. So only we need to invest on our crypto projects if we know that it was the capability of succeeding based on the current market situation.

So many people have mentioned about the words of DYOR (Do your own research) i thought that almost all of the people aware about that and those people are shilling for that shitcoin like decision token will never get any victim again to buy that shitcoin. It's clear.

They're shilling because they either got paid for it, or they invested in it and want it to rise up, or they're part of the developer teams themselves planning to dump it on all the unsuspecting fools. In fact, shilling is good because it tells me, it's a shitcoin. The good coins don't get shilled because shills know those will take too long to grow.

These psychologies has been always been there since humanity. Words from mouth is still the greatest method to influence people's mindset, decision making Those bragging how good of a coin but not with any constructive justification means they are one of the investor, many have long immune to these and choose to do their own research for the sake of the hard-earned wealth. Do you see how many new comers that simply buy an ATH shitcoin and got rekt from it? I done that once and its over and that's one good lesson

Most people invest according to the opinions of others or according to most opinions from others and he easily believes it. It is true that you say, do not invest only because of the opinions of others, do your own research about coin coins that are potentially according to yourself because all decisions are in your own hands and do not let you regret it.

Can you mention of a good coin that has not been shilled or promoted?
Even bitcoin has been shilled/promoted by almost every crypto investors to attract no coiners and buy.

It is the truth everyone get to know about a coin one way or the other, most times it through a post on social media, article or post here, all these posts are paid for, If you think about a good post review of a coin newbies who don't have knowledge of the coin will want to buy such coin.

It's an old story here in this forum people want to sell their bags of coins  and they are impatient for new buyers and so they want to shill their coins I have seen some newbies doing that, cannot posted proofs that the coin really has a potential in the market.

It's very difficult every time do your own research, much more convenient to team up with people you trust and do it together.

A wise word, Believe yourself rather than trust other people..
That's what we have to plant about the fate of tokens that are now starting to appear very much.
for me personally it is better to play in a safe place, like buying tokens which are good from the start, such as bitcoin and Ethereum that have entered the market exchange..

its always better to do your own research, but i thank god that the times where the so called "influencer" are generating big changes in prices of coins are gone... i felt one time in the past for a scam project... just lost a few hundred dollars. lesson learned... now i'm reading for myself and make my own decissions. :)

It is worth thinking that out of 100 projects 1 will be very successful. And the coin of this project can increase its price many times. People who have a lot of money can spend less time choosing a project. But such people can make a huge profit.

DYOR will be each individuals best asset. I also see those people that are shilling those projects that are new to me and for sure to others too. They don't mind on how many times they'll shill that project because they might be paid for it. Another reason would be, they are trying to pump that coin because they can't get out of it and their money is stuck in there. So, in able to take out their money, they need volume so that the gullible investors will buy and will share the same fate. While they get out, the new investors will get stuck.

I'd say that good coins are not promoted by shills because the team is not paying them. Good teams allow their projects to grow on their own and they use transparent advertising like signature campaigns. They don't pay people to whisper in your ear or spam you with private messages. Only scams do this but they aren't afraid because they know their project is not worth anything without promotion.

I think that all people are entitled to their opinion. If a person expresses his opinion on any coin, then he has the right to it, your right to believe this person, or not. Not all people are engaged in advertising, maybe they believe in what they write. So begins the communication and disputes, and in disputes truth is born. But own analysis is necessary.

It is what people said only following the hype of other people or news. I also agree with you. Listening only to the people considerations will not work at all for us personally. DOing ourselves research and consideration will be much better to take.

Always DYOR and have your personal opinion.
Nowadays there are a lot of bounty hunters shilling projects, but fact that I wear signature doesn't mean that I support this project.
I would say that shit coins are worth to invest in. Only top crypto with valuable product and bitcoin

We should see through all these motives why these people are promoting the coin.  We must weigh the facts and the speculations of these people.  There are new coins that is worth investing though they are weak on the promotional side that is why some community move in to promote the coins.  Though there is a possible hiddend agenda towards that promotion, where other called it  shilling, but if the project is potential then why not invest to it.

Sometimes it can be useful. If someone is talking about some coin, it may be worth paying attention to it. Especially if it says not one man, but several.

Exactly, I've seen a lot of newbies shilling and even mask their intention by asking if someone heard about this X coin. But I'm sure the real intention is to just shill it perhaps for the sole purpose of pump-and-dump so everyone should be careful about it.

People are shilling because they gain something from it.

If you are careful then you wont end up buying shitcoins because you're aware of the possible outcome when you buy a coins that is not well-known.

Dont be easily convince and do your research like what op said.

yes do not believe in their nonsense because there are those who are paid and some from their own opinions so be careful not to be lured by the words of people

It is also what I always said to my friends around. Never only listens to what people say. Their analysis and strategy may be different from us. If we want to hear their saying, it is also better for us to make it only as one of the considerations, not decision. Following the hype only may lead us to lose.

The agenda for shilling coins is very clear. There are no other motives but to expose a coin or a project.

Shilling isn't that bad as others are portraying here. Even good projects needed some shilling at some point so that it won't be buried in this highly competitive crypto market.

just like anything people should always do their own due diligence and look deeper than just social media about a project 

People nowadays are wise at choosing which altcoin should they invest in and not because they've heard it from someone that the coin is good. There are so many things we have to consider before choosing which right altcoins should we invest in not because they are shilling it.

-The market cap
-The objective of the project
-The team behind
-The product itself

And many more. DYOR is significant in selecting altcoins before buying. There are reasons why shilling coins are being exposed now, they are getting money from doing it. Don't fall for that kind of trap. The important is that you should comply with the most reputable and most profitable coin.

actually "shilling" for a shitcoin can be an excellent signal when you are a trader!

as a rule of thumb whenever you see a lot of talk about an altcoin from a ton of newbies all over the forum advertising it and shilling for it, that can be a very good indicator that it is time to dump that altcoin and get out of it right away.
so far, i have never seen newbies passionately advertise an altcoin that would rise after their shilling! they all are either getting dumped or will be dumped soon after.

I do not mind really good advertisements, like some coins do actually spend thousands on marketing budget and they make great designs and logos and infographics etc etc and they actually show you how much they are into their own coins so their shilling is actually not shilling but becomes like marketing so I kind of like them, it really shows that they are willing to work hard for their coin and they are actually doing it, which means they will definitely be worth a look.

However, there ones like that open a topic with "will x coin be the next btc" and write a line and leave, I hate those people not because they did low effort job but they literally take your time, I know my time is not that precious since I am not like a very important person or a doctor on surgery but in the end I just spent like 20 seconds on something so useless that I get disappointed.

Marketing and shilling are two different terms. In the forum, we have the available option for marketing, using forum ads as well as using the signature space. They both are effective but if you hire people for shit talking about your coins or someone shill on a coin for self-benefit, that doesn't sound great.

i think many people have already learned their lesson the hard way last year. We all know that shitcoins that only goes up because of shilling can really be dumped in a matter of seconds so it is really a gamble. But i do not say that people can't earn money from it. If you know what u are doing, u basically can nail it.

I agree with you, but I think the essence of this crypto market is FOMO, or as you say it is shilling. A lot of people invest according to the information that is hyped from multiple sources. As a result, many buyers and token prices increase.
So FOMO is also a factor we should evaluate when investing in a project.

It's part of the strategy to shill the coins you are supporting and it's the obligation of every reader to check if the coin really live up to it's promised as what has been said on the coin, but some coins are worth shilling because of their potential and to those who will do this better check the coin if it really deserves to get a shill

Are you talking about absolutely every coin? Because that’s exactly what all of them do. 

Shilling by definition is some sort of negative action.


That is why majority tends to stay away from this product when they discovered that the one advertising it is shilling for his own benefits.  There is lie and deceit involved in shilling process , IMO. Though I guess it is still up to the reader if they will jump in or not  after doing their own research.

Humm that makes fomo for the coins they are holding, they just want their project to grow. If you don't find out and fomo follow them then it's your fault, don't blame them

I doubt if people are still stupid to be falling into this scrap of shilling, except maybe newbies, but there is no way they will learn if they don’t fall for it, because not many newbies too will study the forum first to get acquainted to  what is happening in the cryptocurrency community before engaging themselves with any project. It is good to hear people’s opinion, because we may still have one or two of them that would make sense, but acting on them based on opinion is what the wrong moves there is.

It is very necessary we take our own time too to follow up on such project if it is already an existing one, and see their level of growth, and if it is a new project, research is extremely important as you said, so that we don’t end of having a portfolio full of coins that are garbage and would be of no use to us.

That's right, as they said, you can enter IEO, if you drop all the coins right on the first height. Since it is still unknown what will happen, it is very risky to keep them in the long run, for many rely only on rapid growth.

I see one guy shilling that HST coin because he is a bag holder of that coins, people should double check what's on that coin to see if it is being shills or the coin has a good potential in the market, and of course see who is shilling maybe a bag holder who wants to get rid of that coin

Things are just unexpected sometimes. Research is only limited depending on the time since there might be some good news a year after the research you did. You can't blame people for telling that a coin is a shit and sometimes they are wrong sometimes they are not. And in the end, it's still your investment and no one is forcing you to do something.

Definitely!  It is becoming too common in crypto space to recommend coins we know nothing about. This is why it's really not advisable to ask forum members what coins to invest in.  Chances are that they  will recommend coins they are currently invest in.

We  probably should only take advice in environments where people are punished for making false or unsure recommendations .

I have decided to always stay and invest, trade the coins am familiar with rather than buy what will cause my money to evaporate. If I don't know what to trade, I safely just leave it on bitcoin which is more sure than even USDT.

This is actually not new in crypto space because a lot of pump and dump groups are everywhere and they are always on this thread to shill the most shitty coin so as to pump it and later dump it on the innocent ones. Its very important to be very careful because that's their work and they will not stop anytime soon.

That is a good advise from the operator, for newbies.
So many people today have fallen for shilling. Most of the times, they appear as cheap things and which is one of the ways of making some recovery.

People should stop investing because some sugar coated mouth told them to invest that the coin will x2 in a week or a month. it doesn't always turn out like that do your own homework too and be satisfied with what you see before you invest.

You're absolutely right. Even I have better attitude to some of coins and my opinion can affect someone else.
But reality is that you should do your own research and find drivers for a growth of each crypto by yourself

Just look at people who shared those shilling, when they have reputation for this then we have to believe or searching first at behing them job situation. Yes,  for to day situation have over thousand people this job to getting own or company profit, shilling every group and sometime sending private message mail.

Some shitcoins got their life from shilling, there are some bitcoin forum allowing then to do bounties, promoting them on twitter will give you some coins in exchange. I’ve seen so many of them exchanging engagements on each other to make them look worthy of investments.

there is no coin that talks about the negative side of the coin, which looks certain is something that makes us dance to be followed, those who say that a coin is good because they are not careful in seeing a coin, as a result only coins until they get, need to accuracy and analysis in seeing a project, because each project always shows excellence on their platform, even though its implementation is not in line with expectations.

I very rarely follow a project whose recommendations are from people, I do it myself by analyzing and researching it myself, it will be a good lesson for me to choose which projects are good or not it depends on our own, the most important thing when looking at a project is from the clarity of the identity of their team and roampa, so that we know that the project has the potential to be good and worthy of being followed.