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Author Topic: Is there a fake coin?  (Read 2796 times)
nicolaz.zhu
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May 17, 2018, 12:43:44 PM
 #181

fake or unclear coins there must be, you can see from their website, if the coin is only used for fake investment and not clear for what project, better avoid
gaguktnu
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May 17, 2018, 12:47:03 PM
 #182

I think what you mean is how to avoid valueless coins. There are some projects in the encrypted world that are completely air and have no specific business or community support, and many of the early coins are now at close to zero, and these are worthless coins. There are some new coins recently. Maybe they pay some fees when they enter the exchange. We should pay attention to not buying them.
Esiduf222
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May 17, 2018, 12:50:39 PM
 #183

Most fake coins do exist. It all depends on you to carefully scrutinize the coin before joining or investing.
takenprot
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May 17, 2018, 01:32:52 PM
 #184

I think personally, many coins are worthless, they are called Shitcoin but they exist very low market capitalization. But. if you intend to buy coins, look at the background of coins on their website and you can also see how coins are developed for the future. so you also have to stay alert to them.
daxiake
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May 17, 2018, 01:50:57 PM
 #185

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

Yes, there are many fake coins. The biggest drawback of cryptocurrency is that there are no regulations and this makes everyone to launch his own token using blockchain. Do proper research before investing in any Token that's the only way to avoid token scam.
Dpat
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May 18, 2018, 02:19:17 AM
 #186

Not all coins are fake but they are vanish due to their low demand but when the demand peak then the price of that coin price also go up and again due to maximum supply of this coin drag the price sudden down. It is seems high volatile. But, if the demand for any coin never peak then gradually this price has gone very down and also vanish from the market due to the low project value. And, fake coin are come very minimal that are only limited to the BTT thread post. They create by their own coin without any having the project, just drive you to do some promotional task. For exa; LastCrypto.
sapu jagat
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May 18, 2018, 02:26:36 AM
 #187

Of the many coins in this crypto, I think there will be some fake coins, which will trap and take money from us if we invest there. To avoid purchasing these fake coins, in choosing the coins I would buy, I usually pick coins that rank in the top, popular and long-lasting coins in crypto, and already have many communities. If from ICO, I usually see from his campaign manager, usually managers who already have a lot of experience in bringing the ICO coin is not a scam.
Aris novianto
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May 18, 2018, 02:37:52 AM
 #188

the fake coins are numerous, the usual fake coins will never be distributed and the fake coins will never appear in the market, if they are looking for a clear project, do not be fooled by fake coins.

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hi.im.paul
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May 18, 2018, 02:50:42 AM
 #189

for me there's no fake coin because of the fact that the coins that I know and that I have held have the price and value.
jennyluwariz
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May 18, 2018, 02:54:04 AM
 #190

I am not sure about the Fake Term you said. But these days there are Lots of Scam project who just want to collect money and No products. Beware of such coins before investing in them. Have your complete understanding before you invest in.

if the coin is already on an exchange, make sure that the volume of the coin is good and understand the market capitalisation. There are some dead coins, their projects are live still no volume.
Ricsung
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May 18, 2018, 03:12:42 AM
 #191

Of the many coins in this crypto, I think there will be some fake coins, which will trap and take money from us if we invest there. To avoid purchasing these fake coins, in choosing the coins I would buy, I usually pick coins that rank in the top, popular and long-lasting coins in crypto, and already have many communities. If from ICO, I usually see from his campaign manager, usually managers who already have a lot of experience in bringing the ICO coin is not a scam.
This is necessary. We must observe carefully if we want to invest. We know clearly that some money has been invested, and if there is a counterfeit coin, there is a great chance that it will not be returned.
zbaharudin
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May 18, 2018, 05:53:02 AM
 #192

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

I never thought there was a fake coin inside cryptocurrency. Many coins are available in the market, you can confirm them there, and you should pay attention in choosing a coin is the foundation of the coin, the purpose of the coin, and the problems that will be faced in the future.
Revolvere
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May 18, 2018, 05:56:49 AM
 #193

It seems that nowadays the fake coins have started to appear, because of the growing number of coins on the market, it is likely that many people are abusing the situation and making counterfeit coins. You have to be careful with the coins on the market. Do not pick any coin carelessly, look for a coin backdrop before buy it
Specialforce
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May 18, 2018, 05:57:44 AM
 #194

Yes their are a lot of fake coins out there but do not worry about it by doing some research and carefully reading you can avoid them by reading their white paper you can have a clue if that certain project is fake or not and if it not unique and just like a copy

Wearegoodfrends
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May 18, 2018, 06:16:04 AM
 #195

If you buy coins on reliable exchanges, such as Binance, the risk of buying "fake" coin is minimal. And what do you mean by fake? If a coin is traded it can be bought and sold, it is a market!. Even good projects are closing.
crestella
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May 18, 2018, 06:18:59 AM
 #196

Lots of fake coins one of them Denaro, there are about 1000 Denaro in my wallet but unfortunately this coin is not listed in coinmarketcap and for the exchange is not yet available.
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May 18, 2018, 06:27:31 AM
 #197

That's probably, but I haven't proven it or haven't found them. Before buying the altcoins, what I do generally is analyzing them based on the coin concept, its team, and also community. It is very important to understand first the altcoin that you will invest, especially the coin from some ICOs.

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maiden
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May 18, 2018, 09:26:36 AM
 #198

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
yes, there are too many coins in internet, some of them are real but some of them are fake...so yyou should be careful always and do some researh about the coins that you want to buy or invest to avoid the loss.

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May 18, 2018, 09:36:31 AM
 #199

I've never found a fake coin because I always buy coins in a reliable exchange, you can also invest in an ICO. you can try investing VEXANIUM they have a team and a very outstanding adviser and they are also founders of the previous successful ICO PUNDI-X.



deathland113
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May 18, 2018, 10:04:33 AM
 #200

I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
there many fake coins on the internet. you know it's too easy to create a coin based on ERC20 standard, as I know it only take about 5 minutes coding lol
to avoid it just follow official channels, exchange.
be careful when you trade on DEX such as Etherdelta make sure you know the right contract address
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