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Author Topic: Crypto has gone to shit  (Read 5007 times)
Bitcoincole
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October 05, 2018, 12:44:58 PM
 #861

Well it is really frustrating sometime when you are not well compensated with all the efforts you have exerted but for me it doesn't make crypto a total shit. Still there are good projects that gives good financial returns. We just need to be more aware and clever in joining or investing on projects. Knowledge is a good asset.
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October 05, 2018, 01:47:39 PM
 #862

yup for now crypto has going down to shit, a lot of scammer lately and the market condition is so bad but i still can get small profit from crypto and i believe there will be a recovery soon

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October 05, 2018, 01:58:02 PM
 #863

I agree with you that most ICOs are now flooding like locusts. They publish various scam projects. Yes, just a small project, but they need $2,000 investment, which is ridiculous.
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October 05, 2018, 01:59:47 PM
 #864

yup for now crypto has going down to shit, a lot of scammer lately and the market condition is so bad but i still can get small profit from crypto and i believe there will be a recovery soon

Yes but what is soon Smiley Not getting any younger Smiley
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October 05, 2018, 02:23:52 PM
 #865

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.
calm bro, not all ICO projects are scams. indeed many ICOs are only concerned with profit and ignore the quality they are developing. I also regret this because it can harm others, I feel very selfish. as a gift hunter we must be more careful in choosing a good ICO and potentially have significant development. now we are required to be more vigilant and careful.
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October 05, 2018, 02:58:40 PM
 #866

We are just in worst part of the cycle. Like winter comes after autumn, autumn comes after summer, and summer comes after spring etc.
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October 05, 2018, 02:59:56 PM
 #867

That is why this industry needs regulation. Clear rules are needed that will not allow scammers and those who simply copy other people's ideas, deceive investors and undermine the credibility of the industry. In principle, it does not have to be a regulator like the SEC, theoretically the community is able to organize itself, think through and create its own set of laws for the ICO in which the official business registration in the country where this possibility is provided should be a mandatory item. When this requirement becomes the standard for each project, then a huge number of scammers will disappear by itself, because investors will not even waste their time getting to know the project if they do not see evidence of its legal registration.

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October 05, 2018, 03:45:53 PM
 #868

totally agree, there are only few projects, who are  looking good Smiley
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October 05, 2018, 09:35:49 PM
 #869

Some of the  projects, when they cash money in they are not in hurry anymore with project development. They are
enjoying in their offices with good salaries and the progress of the project is not as fast as it could be.

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October 05, 2018, 09:48:56 PM
 #870

Some of the  projects, when they cash money in they are not in hurry anymore with project development. They are
enjoying in their offices with good salaries and the progress of the project is not as fast as it could be.

This is the problem of the current situation in ICO projects. It is necessary to provide investment in the project, depending on the implementation of the roadmap by developers. Napimer, the money received from investments is blocked and developers get them in parts as they fulfill their promises.

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October 13, 2018, 04:17:01 PM
 #871

Mostly a lot of the coins have been shit from the get go, people are only starting to see it now because the hype is clearing up and they are all forced to faced the truth. With time a lot of these coins are going to die out, the only coins that are going to survive are those with viable projects. This is not news, we have always known about this.
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October 13, 2018, 04:19:53 PM
 #872


The topic was written a long time ago. Now scam has become much faster than before. The cryptocurrency market is very dirty.
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October 13, 2018, 04:22:21 PM
 #873

Some of the  projects, when they cash money in they are not in hurry anymore with project development. They are
enjoying in their offices with good salaries and the progress of the project is not as fast as it could be.

This is the problem of the current situation in ICO projects. It is necessary to provide investment in the project, depending on the implementation of the roadmap by developers. Napimer, the money received from investments is blocked and developers get them in parts as they fulfill their promises.
It's also with the old coins as well. if the old scam coins just decide to stay around then they will be sitting on money that could've been put into a high ranked coin.

 
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makerst
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October 13, 2018, 04:25:24 PM
 #874

If you pay attention, it is really similar to the fact that today many projects are in a very sad state today and this obviously cannot please investors and they can leave cryptocurrency because they won’t earn anything.
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October 13, 2018, 04:25:35 PM
 #875

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.
I agree with you, there are a lot of scammers in the cryptocurrency industry and there are some drawbacks, but one should not forget about the advantages of digital currencies.

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silver23
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October 13, 2018, 04:32:41 PM
 #876

Yes sir,  i gree with you sir.
Now project is make hardcap until 20 Million dollar for small project.
And it over and scam again, we need to change this condition.
We need a good project and ICO.
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October 13, 2018, 04:41:39 PM
 #877

If you pay attention, it is really similar to the fact that today many projects are in a very sad state today and this obviously cannot please investors and they can leave cryptocurrency because they won’t earn anything.
It is a bad idea to leave the crypto in the current conditions. Scammers are everywhere, ranging from ICO to bounty hunters. We need a new community with strict rules in order to avoid all the unfairnesses.
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October 13, 2018, 04:44:25 PM
 #878

I agree that after the sensational 2017 year on ICO in 2018, a lot of garbage came out. Scam projects, which just didn't survive, etc. But still 3 out of 7 projects are published. 1 of 3 becomes top! You need to carefully select the projects in which you want to participate!
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October 13, 2018, 04:50:40 PM
 #879

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.
Greedy people are also in a classic stock market. I thibj that the problem is that crypto is relatively a new industry.

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October 13, 2018, 04:55:45 PM
 #880

We now see that all of the overbuying and inflation and manipulation that tried to take advantage of the bull run are now being drawn out and corrected....We are now seeing a big correction due to all the excess fat being trimmed...Making way for a more considered investor, and more steady gains through the market as a whole.
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