Crypto has gone to shit

[Dulmwer]

Straight cry of the spirit. Put resources into a task that never again has any longing. All that is conceivable is to participate in the abundance. What number of are gotten over the most recent 3 months or some likeness thereof of muck, that it is important to anticipate uncommon changes, that misrepresentation would have passed without anyone else's input from ico.

[aces777]

I agree with the fact that there are way too many scam coins. You just look at some crypto projects are you are like WTF? do they even think about what they are doing before they do it? This right here is what will be the downfall of cryptos. People using the coins to scam others and making absolute shit coins that have no applications whatsoever.

[Pay phone82]

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.

[markgayamo]

Crypto now a days is using for scams and the people that know more about crypto this is very greedy to make money even though they have to steal others personal data and account for their own interest. And that makes a people looks like shit by doing that, crypto is made by helping others that are needs and willing to earn extra income so that it will helps them to their future. Crypto is a way that you can make friends and the community is good for the people that want to learn more about it and to make their lives happy in the future. An I believe that crypto currency is the true future.

[novy]

Agree, many shitty ico's have good marketing background that will help them to get hard cap easy. And yes, 20-30kk are already too much. Last winter strong ico's hardcap was around 40kk, it was reduced to 20-30, but still it is too much...

[Micerker]

More and more ICOs are like mushrooms after rain. Each call for capital ICOs often attracts a lot of investment capital from investors. Scammers have taken advantage of this to create fake projects aimed at fraudulently appropriating money from investors.

[JRDuran]

We can not beat them of what they are doing but we can ride their tactics if making profit is where you are serious.

[crisronaldo40]

Seems to be recovering a little now.

[Akano]

I really do not like dis topic.... D word 'Shit'.... Well, the incessant increase in scam ICOs is what is exactly making people feel insecure about it..... Nobody wants to be duped of hard earned bitcoin.... Anyone trading with bitcoin should make research well .....

[alir]

yes, indeed, now there are a lot of new ico on the market and more and more scammers are trying to enter the market, so you need to be very careful about the choice of the project not to be deceived.

[Denlv]

Yes this is big problem for us all,i dont understand why goverment or some new peoples dont create regulations like crypto police,hackers who hack new scam projects to protect others.The best way if we have few exchanges,no shit coins,only good icos we have only trash now for long time and no one create somthing new or working in real life...

[Jorge158]

It's really sad that we got some bad people who are of the intention to destroy crypto. The good news is that there are still legitimate projects out there who have a purpose to see crypto soar higher.

[mkumar76]

unfortunately i will have to agree on this with you . but not the crypto , it is some people and groups who are now more greedy than ever . many projects are shit and it will be proved once btc will see crash like 2011 , at that time reality will be out of those projects .
some of them even after raising full fund don't want to do anything for investors , like envion and Titanium bar . Even people with real face and good history do scams . Sec arrested such people but in entire world sec cant control such scams . raising millions of funds in name of blockchain and then ran away , it is now habit of them . some so called experts also now part of this dirty game and they shill such projects .

[Barbarian]

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.

well, that's life, we must accept the fact that we cannot stop those scammers, they have the power to launch a project, and were just a bounty hunters, the only thing we could do is to avoid those scam project, but the thing is, its hard to do.

It is depressing but that is the only thing we can actually do, many are trying to fight scammers and while I applaud their efforts every time they caught a scammer 10 new scammers appear, as long as people keep investing their money in dumb scams the market is not going to change.

[feardox]

I do not argue that now there have been a lot of fraudulent ICO projects, but if people choose the right investment projects, then a less scams will spoil the crypto market.

[Benomil]

for what reason would it be a good idea for us to think about that? We have to know this the web you can't anticipate that individuals will not be insane. I accept if continue agonizing over that, that will make them celebrated, recollect the well known statements "Don't make nitwits acclaimed". I accept simply disregard it if by one means or another novices caught on their trick conspire, let it be the exercise for newbs.

[codegnome]

You need to be patient, because scammers are everywhere on internet, so if they see, that they can earn some money - they just do it. But crypto is still alive.

[azhariejaya]

is there any solution to eliminate or at least reduce the ICO scam? I also think maybe one of the causes of the price keeps down because of the many ICO scam projects, this is certainly a bad thing because other ICO projects will also be affected, many investors may be afraid to invest again in ICOs.

[vrabac68]

Well thats the life in the crypto and you should be carefull where you are investing your hard earned money. Always research ICOs deeply . Check their whitepaper,their MVP,their roadmap,their team and ratings on other websites

[dollurs]

Is this the crash currently going on that OP told to clear out these shit coins and scams?. Anyway, I agree that there are lots of scams and shit coins are in the field due to the greediness. This is really a shame.