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yulchatar
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February 08, 2018, 07:33:48 PM |
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I think that first of all you need to pay attention to the team, correctly compiled by White Paper and the website. And also how actively the team communicates with potential investors.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ngavanngo22
Member
 Offline
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
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February 08, 2018, 08:36:43 PM |
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I think you just need to remember this thing "Stay away from lending coin"  ). All lending coin will turn into scam so if you don't want to lose your money you should take care about the system of any coin before you invest. Except lending coin and token, I think all other cryptocurrencies are legit but not all of them are good to invest in |
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andrei56
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February 09, 2018, 02:40:04 AM |
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In particular, forms that ask for the same information as your wallet address and private key on your google form are strictly fraudulent.
When ever someone ask you for more info than usual, that should sound an alarm in your head. New icos that ask for more then your address are trying to take info about you that they can use for robbing you later, or making some purchase in your name. I use this forum to check is some ico is a scam or not, other than that I use my common sense when I read their white paper and road map, if they promise too much I am running out, if not I think its OK. There is no other way to check new ico , maybe if you know development personally that changes everything. I have not seen an ico asking for private keys but any ico doing that should be immediately labeled as a scam since there is not a reason for them to be asking that, and if anything you should get out of that website immediately and run a virus scan in your computer just in case, however it is very likely that a website doing that is not an ico and instead is a phishing site trying to steal coins from naive people. |
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darewaller
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February 09, 2018, 06:28:14 AM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
Well i want to know that if im joining campaign i want to know if that campaign is scam so that many people are wanted to knowing to that cryptocurrencies if that is scam but how we to know? Any suggestions about this reply Lol, I haven’t heard or seen anyone say such. By the way, I don’t think signature campaigns should be regarded as scam. There is no way you’re getting scammed in signature campaigns, and my reason for saying that is that when you’re into signature campaign, you invest no money, rather you just post and get paid, that’s all. |
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stellgod
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February 09, 2018, 06:53:54 AM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
Well i want to know that if im joining campaign i want to know if that campaign is scam so that many people are wanted to knowing to that cryptocurrencies if that is scam but how we to know? Any suggestions about this reply I don’t really think so that any of the crypto currency can be scammed but in case such kind of thing happens, then there is no such way which can tell you regarding any kind of scam. You can only get to know about that once you fall victim of that particular coin. For that, you need to be very much careful before taking any such step which can then take you towards your disaster. Know the things well and then make a decision. |
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Robin_Good
Member
Offline
Activity: 140
Merit: 10
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February 09, 2018, 11:08:45 AM |
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I think we can determine scam projects only in retrospective. But there are some indicators, for example the level of the project realization, its whitepaper and roadmap, functioning product etc.
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raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
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February 10, 2018, 01:51:40 PM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
It's really difficult to make sure which cryptocurrency could be a scam. You have to go through very attentively of every cryptocurrency's whitepaper. Also, their team combination would be a symptom regarding this issue. So that if you really want to invest your money then you have to select some of the top currency like Bitcoin, Ethereum, Bitcoin cash, Bitcoin gold, Litecoin and so on. I think over experiment would cause a matter of disaster in this platform. So that you have to stay with recognised and popular cryptocurrency regarding investment and saving. that's why Bitcoin and Litecoin would be the best choice for making an investment. I wonder why people go through whitepaper a lot first. That should be like something that should be done after you have checked if the cryptocurrency have a viable project and a good team of developers that are working pretty hard and active. That alone should cover most of the things you need. The whitepaper will just give you a broaden knowledge of the project as a whole and some of the roadmaps. Normal common sense will tell one a project to run away from and the one to stay glued to. |
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yohaneshs
Member
Offline
Activity: 406
Merit: 11
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February 10, 2018, 02:37:49 PM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
The first one you must know what's the prospect of a project in later years. How to know? You can learning in road map and whitepapers since ICO release. how can you invest money in a unknown place and you do not learn anything about project plan ICO in the future? Be a smart investor dude. |
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goodvibes05
Member
Offline
Activity: 252
Merit: 10
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February 11, 2018, 06:08:47 AM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
I believe you will never know exactly which cryptocurrency is a scam, it is very difficult to trace scammers until they leave the limelight withour paying anyone. Well, maybe to avoid scammers in crytocurrency the first you can do is to read everything about their project. analize every information they have, from platform to road map, teams and developer. Maybe this way you can avoid scam project. |
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Oilacris
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February 11, 2018, 11:25:17 AM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
It's really difficult to make sure which cryptocurrency could be a scam. You have to go through very attentively of every cryptocurrency's whitepaper. Also, their team combination would be a symptom regarding this issue. So that if you really want to invest your money then you have to select some of the top currency like Bitcoin, Ethereum, Bitcoin cash, Bitcoin gold, Litecoin and so on. I think over experiment would cause a matter of disaster in this platform. So that you have to stay with recognised and popular cryptocurrency regarding investment and saving. that's why Bitcoin and Litecoin would be the best choice for making an investment. I wonder why people go through whitepaper a lot first. That should be like something that should be done after you have checked if the cryptocurrency have a viable project and a good team of developers that are working pretty hard and active. That alone should cover most of the things you need. The whitepaper will just give you a broaden knowledge of the project as a whole and some of the roadmaps. Normal common sense will tell one a project to run away from and the one to stay glued to. Then i would like to ask you. How you would able to know if the project do have potential or not if you dont read up the whitepaper?If you do mean about just seeing the summary or just the description then its not really completely a full basis that you would able to understand such project potential on just reading up few words of it. Having a transparent developer is one of the important things to check it out. |
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wuvdoll
Legendary
Offline
Activity: 1442
Merit: 1025
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February 11, 2018, 03:38:42 PM |
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It so hard to find which cryptocurrency is Scam, but for me if the crypto have many discount gave and give-away that's sign of Scam. For you not to be Scam, I think you should search about the crypo you want to invest or you should just invest in the Top10 crypto in the world.
It is not so hard mate ! All you have to do is to just do some diggings on the project surrounding the cryptocurrency, the team, how well they have been working hard to stay relevant, the chances of them surviving and bringing good profits for holders in the long run and the chances of the product they have being usable. There are a lot of coins or tokens that are not even in the top 100 with a low cap and there is a huge guaranty they will still do well, so it is left for each person to take their time for proper research on any coin. |
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zhdmil
Jr. Member
Offline
Activity: 94
Merit: 5
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February 12, 2018, 08:24:42 AM |
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The mischievous development has many ways to carry on the action as it happens lately within a period of 6 months around 3 types of crypto coins that can be said to die not worth it at all. I will not mention the name of the coin, how is Dev in action? Actually not too hard to read the way in the world of crypto You will hear the term ICO intent of coin ICO is a coin that once existed in the mine before its release to the public so that Dev coin owns own coins first, if Devcoin has collected coins first then at worried that the price of the coin reaches the peak point then Dev will sell all the coins that are then released without disturbing again, it will follow investors, miners, and coin holders and it is certain the coins will die. However not all coins of ICO do the same thing there are some coin remain active in the market and in forums
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eagleman
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February 13, 2018, 07:16:16 AM |
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I think we can determine scam projects only in retrospective. But there are some indicators, for example the level of the project realization, its whitepaper and roadmap, functioning product etc.
Most of the ICO's are very professional when it comes road map, white paper and if you'll stay at the services section you can even see people who are offering this type of service who are specialize in creating those things.
Look at their team developers, you can say if they are real people and look for their references. |
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deevan
Jr. Member
Offline
Activity: 238
Merit: 7
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February 13, 2018, 12:53:32 PM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
to avoid being scam , the most important that need to check their code on Github. Whether the code is available in github or not and check the blockchain is running or not. Next the team members whether their link to complete details is available on specific crypto website or not. I saw many projects without team members details avoid this projects. |
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rickadone
Legendary
Offline
Activity: 1176
Merit: 1024
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February 13, 2018, 02:42:07 PM |
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In particular, forms that ask for the same information as your wallet address and private key on your google form are strictly fraudulent.
You won’t even need a soothsayer to tell you that anyone asking you for your private key is fraudulent. Moreover, which sane ICO will even want to quickly give up their mission in such case when obviously people are not that gullible to fall for such crap ? That is even the last thing anyone should be looking for in terms of ICO level, as there are other major factors which are realistic like the team, the project and their plans for the future, but the team most especially. |
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kankur
Newbie
Offline
Activity: 9
Merit: 0
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February 14, 2018, 11:57:03 AM |
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Looking at the following can give you a good idea:
- Website
- Whitepaper
- Team members
- Github code and activities (commits, issues, etc.) on the account
- Social accounts
Note that this doesn't mean that, if a project has not made there code public on Github or doesn't have any well-known team members, then it is definitely a scam. But these do give you a good idea about the project.
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rey.fudz15
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February 14, 2018, 10:25:26 PM |
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I think that first of all you need to pay attention to the team, correctly compiled by White Paper and the website. And also how actively the team communicates with potential investors.
OPs talking about scam crypto not the project or ICO. i think if a coin/token already existing in the blockchain i don't think that could be consider as a scam, crypto alone is not a scam but rather those promise or project presented by a team to the public which is for the purpose of ICO. Some ICO even after they release the coins/token there's not further development of the platform and we should be vigilant with those projects. |
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The_Dark_Knight
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February 16, 2018, 03:19:39 AM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
Even a scam coin have some value so if you are playing on them thru trades, then you must know that chances that you might be wrecked on the way is possible. There are people who plays even on a shit and scam join because their purposes is only to take advantage of the volume and not on the technology of that cryptocurrency itself. Risky after all. The problem of that strategy is that is very risky even if you invest in a coin you think will do fine in the future the truth is there is not a way to be sure you are going to get profits, by choosing specifically a coin that is not very good and that it could even a scam you are relying in your luck and in the fact the coins attracts enough hype so it begins to skyrocket and that does not take into account the morality of doing such a thing. |
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yurenchuang7125
Newbie
Offline
Activity: 140
Merit: 0
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February 16, 2018, 04:17:03 AM |
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As of now there are 1500+ cryptocurrency exists in the world.
Many dead many rising and many has to come.
So how can i know the currency ,where i am putting my money is not a part of scam?
Or is there any other way so we can check about respected crypto might be it'll work?
Read the white paper and see the roadmap. Check their developers for questions about their tokens and their main purpose. If the cryptocurrency is not justified, it loses its value immediately. |
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Happiest
Member
Offline
Activity: 206
Merit: 22
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February 17, 2018, 12:58:22 AM |
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If you mean ICOs, then you should make a complete research on their teams, their social media platform, investigate their profiles in LinkedIn but don't be fooled some of the profile still tends to be fake. You should also read their white paper, probably you might see if it may interest you to invest in. But be VERY careful, after all this, there are still some fake ICO that would pass all this and still be a scam. You just have to be careful.
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