Fake Exchange keep popping on, there's so many DM on Discord and espescially telegram trying scam people give PromoCodes and some scammer try to give me BTC free just for signup to their fake exchange
so becareful guys if you DM by someone and try give you a lot of money its to good to be true
and for you scammer out there believe me dude
"Karma never loses an address"
Fake exchanges pop up the same way fake projects pop up every day. No matter how careful newbies want to be, they still fall victims to scammers. I also think traders should not keep on registering on every exchange they see or are introduced to. Take your time and do a proper research before registering on an exchange. Also, you should block and report anyone as spam who tries to send you a DM that you did not ask for. |
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It could be like you say , i am not surprice about anything in crypto. Why this fomo about defi project , long term will not bring to us anything! Personally i don't like this kind of project.
Investors do not care about whether a project is good and long lasting or not. They only want a project that can bring them great profit in a short time whether it is a scam or not. That is what is happening now with any project that has the Defi tag to its name. Soon all this will fade away and the losers will count their losses. |
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The trust system exists for this reason only. Added is the reason why we have escrows who are willing to be a middleman for these trades and the advice that you should never send first to someone that you do no trust.
Some people think they will save a few cash not using escrow by dealing directly with the other person once they tell them by themselves that they are legit. They often pay the price for their lack of good judgement, and that is what has happened you. Now the rest of us are learning the lesson which the OP paid for. Please, let us all be careful and cautions. The internet is filled with scammers. |
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Nowadays, especially in the crypto space, treat the word free as a warning.
Thank you for such a meaningful advice. Short but strong advice. I do not know why people go after freebies like monies are free online. Nothing meaningful is free. You have to do something to earn money, even if it is your time as an investment. People should be very careful downloading apps or clicking on links. They may contain malwares. Also the exchange the OP mentioned is not one of the credible exchanges on the coinmarketcap site. |
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That something is a fork does not mean it is a fake. I will not consider those you mentioned as fake because they have their own programmes too and in some way have enhanced the entire cryptocurrency industry too whether we admit it or not. Also, a fake bitcoin will bear the same name as bitcoin without a prefix or suffix. |
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From the picture you have up in your first post, it shows you bought at above $10 per coin, am I right? And your selling price was less than $7. It is a huge loss looking at the quantity you bought. It is a pity. I hope you recover your loss from other trades soon. Sad, but this is one of the bad sides of trading.
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Trying adding an exchange token to your portfolio, exchange tokens have a long term use case that can't go wrong, their value will keep growing, for example
1. BNB Token
2. OkB Token
3. HT token
These coins will survive for a long period of time because they are exchange tokens and top exchanges too, BNB token belongs to binance exchange and OKB belongs to OKEX while HT belongs to Huobi exchange
I agree with you that exchange coins have durability and demand but these coins you listed are already high to buy. Buying them now will be like chasing on the price. We have Prob, Tidex, Birtue and they all are exchange coins far below a $1. You can buy them now and keep to see them grow like BNB in the future. |
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Ethereum is becoming extremely popular nowadays with the rise of "De-Fi" apps and stablecoins. Most people are just into it in order to make a lot of money in the shortest time possible. Since they're newcomers into crypto, they can easily make mistakes when sending coins from one address to another. Now, imagine if you check your wallet and it has 1 ETH sent to you by a mysterious address. At current rates, that would be an average of $400 (USD) in your pocket. What will you do if someone accidentally or mistakenly sent you 1 ETH? Will you donate it to a charity? Will you send it back to its original owner? If it were me, I'd return it back to its original owner as long as he/she is able to provide a signed message with the address' private key proving the coin's ownership. But since crypto is widely unregulated, anyone can do as they please. Thoughts?  Doing what you said you will do by asking the sender to sign a message will mean you need to be able to exchange mails with sender. Otherwise how do you make such a request get across to the sender. Do you include that in the address? So I think you are suggesting an impossible thing and that means you do not want to send it back. I will not send it back if someone mistakenly sends me ETH or any other token. |
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Actually to dump is not the purpose of the bounty campaign. It is to spread awareness and if possible hype to the project. It is one of the marketing strategies of any business that opt to fund them through people's money, .a.k.a ICO, IEO, ITO, IPO, etc.
If we follow this comment that means the OP is right then. Bounties cause awareness and that cause more people to know about a product that though listed on exchanges but was never popular. When more people know about it and get interested it will increase demand for it. The price will go up and then the team will sell ahead of bounty distribution and get out, causing price to crash. The major reason why several projects get dumped the moment they get in exchange is that many of these projects offers discounts on investors. Like their regular price is x USD but they give it at the price of x/3. So who is in the right mind won't sell if they saw 2x 3x profit? Thus, dumps happen.
You are right here and I do not know why projects still offer such crazy discounts to early investors. It is like deliberately decreasing the value of their tokens. |
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You're right the best solution here is limiting the bounty participants this could make bounty hunter earn more,
It is really frustrating when you work hard and put so much effort in the campaign for 12 week but at the end you just earn small amount.
Am not still sure if Bounty Detective is going to do anything to limit hunter participation in every of its bounty. It looks like the more the participants the more their credibility in the bounty circle. Well, it is a matter of time before hunters begin to move away if they are not getting the best of rewards for their stress. This was how some bounty managers lost credibility in the past as their bounty rewards were small and in some cases the projects scanned. Wish bounty detective will listen and limit hunter participation. |
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Of all names they chose YAM? It is very funny a name and that will be a lazy team decision and lack of idea. Traders and investors who were here a few years ago will hardly fall for such cheap pump and dump projects, except they're greedy.
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Your story is want happens constantly whenever people hold a token for a few years and then decide to sell at last. Most times the price goes up after people have sold their shares. At a time like that I do not think anyone should regret the extra profit they missed out on. What if it went down? My strategy holding a token for long time is never to sell because I got tired holding it. I always set a price range to sell and I do not sell everything. Try and keep a small quantity because you never can know what the price will be a few years later.
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If name matters in any other thing we do in real life, it should also matter in crypto. There is something in a name. It is because of this I choose bounties and campaigns I promote. For instance you can not catch me promoting any project that is named or styled after the Devil or demon. I look beyond the name thing but the name has to be right to catch my attention first with. Otherwise I do not promote it.
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I think it depends on the project, if it is a good project then the investor will patiently wait long, if it is a bad project, they will quickly leave.
Coins like, Ethereum, litecoin, Xmr, Bitcoin achieved success because they are good projects.
What about Walton that has not made it up there despite the fact that it has nice roadmap and team? The thing is that people are always in a hurry to gain profit and always looking at time and constantly checking price charts. Why not give the coin you buy enough time to grow is what the OP is saying and I believe that to be true. Do not be in a hurry to sell off your holdings. |
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I'm back on the notebook in Morrison'd cafe,
Wow, you are really brave man, if you are challenging cafe. More than 250K new cases daily worldwide should at least have given you an alert. "The madness of the brave deserves a song", as they say, take care of yourself. That is not being brave. That is Jet Cash taking unnecessary needless risk. He is exposing himself while he should be taking precautions. That is not a brave thing to do. Besides this, he should be able to afford a computer to log in at home. |
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Therefore... - would be happy if this thread helps to find a few more local folks who are interested in Bitcoin beyond seeing it just as a way to "quick riches" and screwing over your fellow people in the process as manyfold & fast as possible.
I appreciate the effort of the OP in putting this thread up to help gather bitcoin users from Vietnam here. Beyond this too, am thinking it is a good idea to have every poster on the forum to belong to a local group since charity begins at home, and then spring out to general groups and threads. This will help us all discuss ways to help spread bitcoin awareness to our various countries and it can bring about th mass adoption will seek. |
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I no be your mate na e make slippers get size.
Meaning; We should recognise those who are superior to us and treat them with respect at all time.
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Damn, it was released on 25th July 2020 and it already has 1,000 + downloads  What's wrong with people not being vigilant? Let's fload in there and report the app so that it gets taken down as soon as possible. To report, hit flag as inappropriate and then select Copycat or Impersonation and the hit Submit. Done. Link to the fake app: https://play.google.com/store/apps/details?id=com.trust.trustcryptoI think the app has been taken down by playstore. I can not find it on the link to report it. It now shows that the item not found. |
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For sure Ethereum is pumping like crazy because of the DeFi.
I am also a hodler of Ethereum and I am very grateful of my choice of altcoin, the second-highest market cap on cryptocurrency really didn't disappoint me.
For the other altcoins, let's should not tell that they will correlate with Ethereum, but if the Bitcoin dominance will continue to drop, then for sure most of the altcoins will also make their own bullish moves.
Bitcoin dominance will surely drop at some point. It can not continue to be up there. I have observed this happen before and it will happen again after bitcoin have had a good bull run. Once this begins to happen we should be sure that other altcoins will join Ethereum and all coins in cents will begin to increase in value. |
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even you can increase some more participate (if you want)
This will be possible after a week or two when the manager would have checked to see if all the participants are not meeting up with the maximum post requirement, I believe. |
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