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Author Topic: Avoid Scam Tokens in the name of late Queen Elizabeth  (Read 450 times)
Marvell1
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September 12, 2022, 03:22:33 AM
 #61


We are in the crypto market, which is a free, open market where people can do whatever they want. 
It's sad that there are people who have taken advantage of a person's death to profit, but there is nothing we can do to stop them, the best way is not to invest in scam projects and pretend like this.

The death of Queen Elizabeth II is a mourning for the whole of England, but there are still people who use it to do evil things, for me I am really shocked to see this happen. Stay away from projects like this, don't abet evil.
Investors should be smarter now and must know what they are getting into, it’s obviously to become a scam project since it was only created due to this sadden event.

In my opinion, the investors have become a lot wiser, but the one thing that most people can't control is greed, their idea of getting rich quickly is something that never fades. They knew these tokens, memes, NFTs were 100% scams, but because they thought they were smarter than those scammers, they jumped into investing thinking they'd get out of it as soon as they made a profit. But no, they can't because the profit the scammers make has blinded them and they no longer remember their original plan. In the end, they are still the ones to bear the consequences.

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September 12, 2022, 03:27:06 AM
 #62

We all know that there will be some people who'll take advantage of this kind of occasion. People with no heart won't care about empathy and compassion, if tragedy can give them profits then why not?. You're right, the popularity of Queen can be used for the wrong intention, this is important to rise awareness about this, especially for newbies who only chase profits. Those who got trapped in this kind of project only care about hype. Saddening.

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September 14, 2022, 01:43:18 AM
 #63

The crypto world with its convenience and freedom makes it easier for fraudsters to carry out their actions. It's better to be careful and learn more for all not only beginners in the crypto world, because fraudsters will take advantage of every moment and way to launch their actions.
Goodbye Queen Elizabeth

True, but as investors, we can handpicked with project to invest or not. If we think that it will be a scam like the one being proliferated right now due to the death of the queen then we should stay away from it and never give the fraudsters to get money from us. And as such, we know that this project is just short term, after the hype of the death by the Queen, all of them will also be disappear. So I do agree that everyone should avoid this tokens at any cost, not even a single satoshi should be 'donated' to this scammers.

It's true that we should avoid this token, because Ratu's death is used as an arena to cheat and take advantage of the hype that is happening, we must be careful because in the crypto world, the full responsibility for our funds lies with ourselves.
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September 14, 2022, 05:26:02 AM
 #64

Thanks for the heads up OP, i expected this sort of thing to happen, i mean, for anybody who has been in the network for sometime now, they will know that scammers are always pretty quick and inventive to use whatsoever is trending to deceive people pretty fast, and before the warnings and awareness starts to spread, some people would already have fallen victims. There are quite a lot of scam tokens out there, it doesn't even matter the name they are in, most of these tokens are to no good, thus people should avoid them completely and choose coins that have utility and is sustainable for the long period.

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September 14, 2022, 06:48:36 AM
 #65

The easy thing to do is to make a token that carries a name or brand that is popular, as we know that the death of Queen Elizabeth is trending in various media, all the latest news from the BBC, Twitter, Facebook with the Elizabeth tag will get a big response and attention , but we must be aware of people who take advantage of the moment for scam use.
indeed it can make it easier for us in terms of marketing, but without a clear and targeted product can it last a long time, because what happens as you describe, it is possible that there will be hype that will take investors' money away from circulation, and make the project name bad so that not getting investors' trust anymore. this is the same as in the past using influential artists to endorse a project, where they didn't know anything about the project so it ended up being abandoned

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