Dascoin Big Scam

[Bureau]

Never heard about this coin, did some digging and found that it was launched in 2017. It had the element of MLM in it which is a big red flag for any project. Therefore it is always advised to do research before investing funds in any crypto project. There are many shit coins that are coming out right now and with the hype added to it, investors fall for projects that do not have any future. Hype is good but not all projects with hype make it to the top.

[sana54210]

Never heard of this coin which probably is a sign in itself already i know we want to look for a coin that has not yet been known by a lot and we want to be the first ones to buy in its very low price i always say that if a coin claims to be the next bitcoin it’s usually a big red flag

it sucks that you had to experience it firsthand but at least now you have learned something do not believe newly launched coins if they are promising way too unrealistic things such as being the next bitcoin

It's no surprise on why a lot of us in the room never heard of this coin, because there are tons of cryptos that are already been created, and there are new breeds that came out every single day. With those numbers, not all are given a chance to be on the spot light. But, it does not mean that they are now bad.

It still takes some investigation and if we feel that the coin has a potential, we and other users might start checking it out. And that would be the start of its growth, and it can later become popular. The only thing that we don't like is when they use the term " the next Bitcoin " and there are also some who honours them selves as the " Bitcoin killer ". This is a bad marketing stunt, as it can turn off a lot of investors.

[goaldigger]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

This is an old strategy from the scammer as they claimed to be the next big coin and yet their platform didn’t have that kind of technology to be on top. You have to be more observant and know how to do some research before investing. Never heard about this project and if they hyped it that much, for sure they are in a rush to leave the market and scam people, don’t invest easily and learn from this mistake.

[anushkasachith888]

this is the first time i have heard this shitcoin and the funny thing is saying that he will be next bitcoin. but on average most of the scam projects usually say that they are revolutionary, the next bitcoin, go to moon, and many other spectacular words, but the fact is that it is only a waste project promoted by the scammers.

hopefully this will be a valuable lesson for you that investing in shitcoin is very risky. and you should be able to trust bitcoin more because that's all the best cryptocurrency.

Yes, There were packages to buy. Luckily I purchased only one package. Some people bought many packages.

[anushkasachith888]

Keep in mind one thing. There is no one coin which can beat Bitcoin or even can compete with Bitcoin. There are many older and good projects they are trying much and they achieved many goals but if they want to over cross the Bitcoin so this is not possible and they can never compete with Bitcoin.
And about your shitcoin (Dascoin) I never heard about this coin and never invested. I mostly believe in Bitcoin. Because If I believe in Bitcoin so I know it will give me huge profit in coming days.

It was in 2017, Bitcoin had not reputation like it has now, So situation is different.  those scammers told that Dascoin will surpass Bitcoin. We fooled enough to accept it.

[Rengga Jati]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

Thank goodness you're aware of that. Anyway, keep in mind, if there is a new coin that says that it is the next Bitcoin, or the next Ethereum, or even promises extraordinary promises, it is definitely a scam. So never believe in such new projects. Especially hype coins and meme coins. Actually quite concerned about this, and this is quite a valuable lesson for OP and also for all of us.

[AnonBitCoiner]

No any coin can take the place of bitcoin and if someone is claiming that new arising coins like dascoin will achieve the target like Bitcoin they they are totally scammers because if Ethereum is a unable to take the place of bitcoin even it is the second largest token in the Crypto world so I don't think that any new coin can take the place of bitcoin.
May be some future attains the successful path in future but they cannot be so successful to leave bitcoin behind in rate of success therefore don't be too fool to trust anyone as scammers are everywhere these days. I think if you are interested in investment then don't forget about bitcoin first and then keep eye on another successful coins but avoid new arising shit coins as more as you can.

[Essential10]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

I first heard of this coin after reading your post. There is no guarantee that any new coin will be able to achieve the same success as Bitcoin. I have heard such scam stories before. We should always be wary of any offer that appears to be true or requires us to share personal information. It is important that we do our research and verify the legitimacy of potential opportunities before providing any information or money. By staying informed and skeptical, we can better protect ourselves from falling prey to scammers. Reflecting on such incidents from past experiences and understanding what went wrong can help us avoid making the same mistakes in the future.

[MFahad]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

Saying that they are next bitcoin is enough proof that that project is/was an obvious scam. but as you said you were new to crypto so it is not really your fault. these kind of scam projects use these tempting strategy to fool new people like you to invest in their project.
that is why so many people in this thread saying they've never heard of that project including myself. because their motive is itself enough for someone with common knowledge about Bitcoin and crypto to realize how shady and suspicious that project is.
Anyway. you should move on and try to avoid such scams in future.

[Out of mind]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

A lot of shitcoins are currently being created in the market and people are losing a lot of money investing in them. Dascoin is not a good coin to invest in it is basically made to scam all the time. Nowadays, most altcoins are scams, so invest carefully so as not to lose your money. You should never invest in all these scam coins, instead you can invest in bitcoin if you want it is risk-free.

[Mate2237]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

Well "experience is the best teacher", you have experienced it so nobody will come and tell you all coins are good. Personally you will tell the person that not all coins are good to invest. And in this board we have discussed many times the things to determine fake altcoins. Before you invest in any coin, you have to look or check the community strength of the community, check the market progressive status and and who are the representatives of the coin in the forum and their reputation.

Don't just invest in a project because of the way the author present it and with the sweet mouth. Scammers always use sweet or interesting words to lure people to accept their projects.

[Wahyuihib]

How can you immediately recognize this coin?  Did you get references from other people, so you decided to invest in it without having to research in more detail how this project actually works?  because after all, every fraudulent project will take advantage of other people's ignorance to deceive you with promises of unreasonable profits.  Therefore, be careful next time when you want to invest again

[GeorgeJohn]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

My dear coin investment needs a very big research before someone can invest in bitcoin some times some people doesn't investigate properly before cryptocurrency investment, so I believe that cryptocurrency investment is something we know quite well that without proper research you can venture into wrong kind of cryptocurrency investment, so we can make proper inquiry before you can invest so that it will not land you into scam promoting coins

[Makus]

I haven't heard of such altcoins before. Since Bitcoin has a very good reputation, most people will want to use it as an example to advertise their scam projects. I know of some friends that believe in online mining of new project, and they'll always tell you "this time coin will grow to the level of Bitcoin, and then Bitcoin will now have a competitor" anytime I hear things like this, I burst into laugh because there is no coin that can compete with Bitcoin without dropping down after few months. We should be careful with the kind of news we believe.

[lixer]

Who else invested in Dascoin which some scammers promoted as the next Bitcoin . I was stupid to accept their lies those days. I was new to Crypto I had no idea

The usual newbie mistake. Most newbies in the market make the mistake of investing in projects and tokens without having enough knowledge which is a big mistake. You are not supposed to start making investments right after getting into the market, get yourself ready first, gain some knowledge, do some reading so that you understand how things work, and when you think you are ready and you understand what's wrong and what's right in the market, that's when you should make investment decisions.

There are hundreds of such projects created, promoted, and then rug pulled and gone. You can't just invest in any coin or token that is being promoted as the next Bitcoin or next ETH or anything. They associate their tokens with famous cryptocurrencies only to lure investors in so that they can get more money.