Bitcoin Forum
August 18, 2024, 09:21:35 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Trendy: On board and get rich quick scheme  (Read 225 times)
Catenaccio
Full Member
***
Offline Offline

Activity: 490
Merit: 139



View Profile
August 03, 2024, 09:35:42 AM
 #21

The truth is, any project that will pay will not stress the users, and from history, non of this projects are like Bitcoin, make your research and come back.
Cryptocurrency projects can have source of tokens by their tokenomics for airdrop distribution to community but they mint tokens from the air and it does not cost them anything to distribute tokens in airdrop to community.

You miss this important point. Like 1M token costs them $500,000 or the like but in reality, the project team don't lose anything. They get more by airdrop distribution like free marketing and attract many investors to their projects. At the end if they do rug pull, investors lose money but project team don't lose money.

It is high time we believed this truth. Some of the projects that listed good price and gave rewards didn't stress much their participants. I actually do not know if they really stressed them, I am just assuming.
They can do pump and dump scheme and if you join nearly at the end of their manipulated pump, you will stuck in unavoidable dump later and lose very big part of your capital.

Quote
I remember years ago I was introduced to pi network and I was mining until I became tired of the process and abandoned it. I thought I will be regretting now because they said it is bigger than bitcoin.
Pi Network is a pure scam project, without a blockchain but claims to have it, year by year and now nothing happens with their blockchain main net.

JiiBs (OP)
Full Member
***
Offline Offline

Activity: 192
Merit: 106


View Profile
Today at 07:15:40 AM
 #22

Have we all noticed that the tap-tap-tap has reduced over the couple of months?

I no longer have people talk about it, rarely encounter people online and offline having to continue in the activity or even catch up with them on the news. This has come to be due to the many failed promises that have been associated with the various projects that took this format to publicity.

Having to set dates for airdrops that never dropped,
Listing dates that kept being postponed,
Increased of activities and games within games to be downloaded and played,
The much channels that are been built in the process.

What the success of one was able to campaign for, it’s been ridiculed by the zeal to extort by others.
The unfortunate part is, it’s all going to come under some generalization as cryptos.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!