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Author Topic: Crypto has gone to shit  (Read 5007 times)
Crytptomeniac
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June 13, 2018, 05:29:43 AM
 #341

WEll its sad hat such topics are even coming up But to some extent there is a degree of truth in what you say, there is quite a lot negativity in the crypto arena and these kind of scams are the greatest contributors to the trouble crypto is facing, No one wants to trust crypto anymore, because of the few bad elements, this is not what crypto was meant to be at all
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mikyadel
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June 13, 2018, 05:36:28 AM
 #342

Greed is one of human nature .people are too dump to invest in any ICO without even bothering to do some research about the project or the team.smart ones know that and take their money .so as long as there are enough greedy people , SCAM will never end.

fracas
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June 13, 2018, 05:48:02 AM
 #343

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

You called it and it happened. We are having another crash, many ICOs are not getting their soft\hard cap, many coins are disappearing in oblivion. It could be healthy for crypto world, but it doesn't seem to be healthy right now, seeing also old-school projects are suffering just like other crap\scam coins. Unfortunately you were right: many projects existed just to make rich the founders so they deserved the crash, the problem is that victims are from masses that are losing faith in crypto. 'Store-of-value' narrative was one the strongest among BTC supporters, now it's just not valid anymore. Moreover high fees and scalability problems have shown BTC limits loud and clear. Add this to the fact 51% attack is a real menace for most low-hashrate mineable coins and maybe we are facing one of the worst times in crypto. I still don't get why hashrate is at ATH seeing that mining shouldn't be so profitable anymore.

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yhnshjka
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June 13, 2018, 05:54:52 AM
 #344

Therefore, we need to conduct a solid research on ico. Lest too many people be deceived. We can't stop cheating. But we can avoid being cheated.
hoanggiangg000
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June 13, 2018, 02:17:06 PM
 #345

We simply cannot get away from scammers fully. In this crypto world, there is no point having everything very clean because there are a lot of easy money here. And easy money is an easy target of scammers
ad8z77777711
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June 15, 2018, 09:45:16 AM
 #346

I think you can say that because there where ICOs that where doing scam. But if you really understand well the ICO that you'll be joining there where many ICOs with a very great potential. And this will help a lot of people in the future.
ad8z77777711
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June 15, 2018, 09:47:02 AM
 #347

I think it is necessary to have an ICO association, which by way of blockchain will accept ICO projects! Where all users can vote with their free tokens!
Shenrox
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June 15, 2018, 09:53:26 AM
 #348

Greed has always been in here, but this is not only happening for ICOs, a lot of other crowdsales and startups used to be the same before, this is not new. This is the same than before, only that with crypto

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Tokoyami
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June 15, 2018, 10:03:41 AM
 #349

I think you can say that because there where ICOs that where doing scam. But if you really understand well the ICO that you'll be joining there where many ICOs with a very great potential. And this will help a lot of people in the future.
For Crypto is our future and the fashion of the present, but soon will wake up and grow to the desired height, it will never be bad, just survive that time to surprise you. Because I think ICO will bring a lot of growth.
blockchainmarketus
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June 15, 2018, 10:06:22 AM
 #350

And too many fucking exchanges.
What's the problem with you. It is natural when a start up want to raise money easily with ICO. They don;t have problem but you have. What do you think, can they get million USD loan from a bank easily? If they scam or not, now the world of crypto isn't mature yet so there will be more change in the near future so investors will only invest and get information easily to legit ICO.
Ironmaiden
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June 15, 2018, 10:09:13 AM
 #351

And too many fucking exchanges.
What's the problem with you. It is natural when a start up want to raise money easily with ICO. They don;t have problem but you have. What do you think, can they get million USD loan from a bank easily? If they scam or not, now the world of crypto isn't mature yet so there will be more change in the near future so investors will only invest and get information easily to legit ICO.
For this we can go, and even I'm not sure other crashes will be able to clean crypto from spam.
But as long as we educate ourselves endlessly, there will be market elections that will separate between cryptos and shitcoins.
zignal.vip
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June 15, 2018, 10:30:32 AM
 #352

Too many scam projects giving bad name to crypto. And people are to blame too, coming here for easy money and getting scammed. Atleast do some basic research before investing.


Yes, that's why crypto is called risk investment. We are not protected by laws if we join in this market (in almost contries). This market is still in chaos, we have to be careful to protect our bags from scammers. I always try to keep my head clear and patient whenever i make a decision.
tranquynhnhu2812
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June 15, 2018, 03:16:27 PM
 #353

It is people like you that make ICOs run away with people cash. You are dumpers and greed is what makes anyone to sell off as early as possible. And if a coin become worthless, what do you want developers do, they will also run with the reminder cash left. Smiley Smiley
thewolfinthewide222
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June 16, 2018, 05:18:01 AM
 #354

all the work there must be risk broh, man is greedy, but you should not blame anyone, because this is our risk in crypto many scams and scams everywhere. let's join together eradicate scam
commander11
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June 16, 2018, 06:37:23 AM
 #355

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous.  Greed everywhere, thousands of coins that serve no purpose.  This is so far removed from satoshi's vision.  Premine bullshit  scams like onion.  Projects that have no reason to be on a fucking blockchain except to cash in money on the hype.  We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

Not gonna happen. As long as there are exchanges willing to host scam coins there will be scam coins.  Ox Fina was one of the earliest scam ICO's and they are still traded on Cryptopia, despite being warned that this was a scam coin. The developers stopped posting on social media after the coins were distributed.  You want to clear the market then you need to start putting pressure on the exchanges.

I agree. Money talks man, as long as there are exchanges that accepts PND shitcoin, this crytpomania will not gonna stop immediately.
Only one thing could eliminate this scheme, when all coins are obliged to comply certain regulation from the government or the state. In that case, scammers will likely to distant themselves in the teeth of the law. But for now, this has become so rampant, you can see it everywhere.
susutao81
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June 17, 2018, 10:44:07 AM
 #356

All because of the fact that almost all who are engaged in the crypt are those who just want to earn, those who don’t care about the development of crypto community
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June 17, 2018, 12:15:09 PM
 #357

Very true

The fact that the market is falling now does not prove that the cryptocurrencies are bad. This is a simple correction or, probably, the next wave of the fall. The cryptos will gain again, and you will change your mind.
Wilfrer
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June 17, 2018, 12:23:41 PM
 #358

Perhaps the current time there are too many scams and unreliable ICO. So many people lose money and get scammed. However, you should be wise and thorough before deciding to invest in any ICO. Include ideas, staff, project implementation, roadmap, platform, etc. It determines a lot the success of a project.

Criptonline
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June 17, 2018, 12:41:21 PM
 #359

Yes, the young industry of cryptocurrencies attracts scammers. This situation is typical for many types of activities that are not regulated by law.

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June 17, 2018, 12:45:43 PM
 #360

Yes, the young industry of cryptocurrencies attracts scammers. This situation is typical for many types of activities that are not regulated by law.
This of course people start misusing something that is easy to earn some easy money. Crypto and the things associated with it provide a very easy way for people to do it. But you must remain vigilant and careful because the crypto is full of risks that will happen.
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