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Author Topic: Scam Coins  (Read 223 times)
shasan (OP)
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March 03, 2018, 03:47:54 PM
 #1

What is scam coins? Do you think Liza, LCC, VNTX, GER, BITDOLL are scam? Have you any scam coins list? If yes, then lets discuss about scam coins.

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Legion13
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March 03, 2018, 03:59:31 PM
 #2

Can you define what is a scam coin? I feel the opinions are different for different people. For example if one person is supporting and shilling one coin and one more emerges tomorrow which a similar technology and slightly better than that is a scam coin for the former. To elaborate Bitcoin Cash is a scam coin for Bitcoin fans, and Nano is a scam coin for Bitcoin Cash. Since all these have a similar intent of becoming a versatile currency and each having its own problems. Same goes for Tron, Ethereum, ICX, ADA.

That being said there are a few Shitcoins though, which are topping on the CMC without any real world application. if you look closely at the top 10 coins and know what each coin does you can figure it out yourself. 

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March 03, 2018, 04:01:43 PM
 #3

What is scam coins? Do you think Liza, LCC, VNTX, GER, BITDOLL are scam? Have you any scam coins list? If yes, then lets discuss about scam coins.

I don´t even know about those coins. Unfortunately, instead of thinking that a project is legitimate I, by default, consider it a scam until proven otherwise.
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March 03, 2018, 04:04:57 PM
 #4

No one can give you an answer for that question. Because it's hard to predict that coin become scam before it realy became scam.
Some coins can make x1000, but anothers can decrease their price into almost $0.

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March 03, 2018, 04:06:52 PM
 #5

There ton of it just be carefull when chosing which coin to invest, and the important thing is never ever invest to something that you cant afford to lose i mean you can invest to everthing you want just make sure that money you use not some money you need in near future. Be safe be wise !
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March 05, 2018, 12:05:12 PM
 #6

Make sure you review information about that coin carefully before making any investor on it.
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March 05, 2018, 12:14:56 PM
 #7

Most of the fraudulent tokens are not known, so I don't know about them.
The swindle is one after another, so most of the time people will only make a list of good tokens, not a list of fraudulent tokens.

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March 05, 2018, 12:22:53 PM
 #8

In my opinion they are not a scam it's just a project they make does not sense. of the price to be achieved, as well as the unreasonable distribution bounty funds. I think, if you want to know they are a scam or not. you can see their team, vision and mission of their products. Before you follow, you can see followers on the telegram, whether many are interested or not.

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March 05, 2018, 12:58:55 PM
 #9

No one can give you an answer for that question. Because it's hard to predict that coin become scam before it realy became scam.
Some coins can make x1000, but anothers can decrease their price into almost $0.

You can have an answer if you do research on these, but that takes time so I only would do it with projects that are convincing at first sight. Else, next please.
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March 05, 2018, 01:17:21 PM
Last edit: March 05, 2018, 09:25:26 PM by andthereyou
 #10

I agree to the second poster. Different people have different opinions. As an experiment try to ask your friends that knows about cryptocurrency, what really is scam coin?
I'm sure you will get different answers. Maybe someone will answer that scam coins/shitcoins are from scam projects(the project team runaway with the money raised during ICO). Or scam coin/shitcoin is a useless coin in the market, that have $ value but no real use. I choose to believed in the latter too  Grin
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March 05, 2018, 01:48:23 PM
 #11

I agree to the second poster. Different people have different opinions. As an experiment try to ask your friends that knows about cryptocurrency, what really is scam coin?
I'm sure you will get different answers. Maybe someone will answer that scam coins/shitcoins are from scam projects(the project team runaway with the money raised during ICO). Or scam coin/shitcoin is a useless coin in the market, that have $ value but no real use. I choose to believed in the latter.  Grin
Yeah investors  really good  and  keen  observer about  crypto currency they  really  know if the ICO’s  are scam  or not. The way  they present  their platform in the white paper  it is really  obvious. It they really  true or not. Those  ICO’s  who really  fails are those obvious  to be scam.

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March 05, 2018, 02:29:26 PM
 #12

What is scam coins? Do you think Liza, LCC, VNTX, GER, BITDOLL are scam? Have you any scam coins list? If yes, then lets discuss about scam coins.
what i think isn't important but what i research is so you must research for when you want to invest
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March 05, 2018, 02:38:32 PM
 #13

As far as I know, scam coin is coin which abandoned by the dev team.
I got a lot of scam coin/token such as LTG, FUDD, BTCQ (Bitcoin quick) and Monero Gold.
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March 05, 2018, 06:43:58 PM
 #14

Real scammers may not even give out coins after ICO and just take your money. They engage not in the development of the project. Just sell a part of their coins on the stock exchange at a higher price, take away the money that was collected on the ICO and disappear. Therefore, no one can tell you in advance what kind of project will be fraud.
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March 05, 2018, 07:19:52 PM
 #15

Dragoncoin seems the biggest scam ever. I mean a coin for Gambling High-Rollers? Why would an ordinary person need that coin? How will that coin be ever used for something else?
$320M raised in private and pre-sales? WTF?
Money laundering en masse.
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March 05, 2018, 07:21:35 PM
 #16

SCAME COIN
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March 05, 2018, 07:39:15 PM
 #17

I believe the zigger is the worst project recently arised in the forum and scam many participants says that they will give the token after the tokens sale has been over but still nothing updated to many people as it almost crossed the 3 months are more.

Apart from this there are many project open the pre sale and grab the money and leave the site as it is. That why people are asking to be careful while invest on ICO projects.

 
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March 05, 2018, 07:42:27 PM
 #18

There were reports that DeepOnion founders are holding 99.99% of the coins.

All PoW coins with a massive premine are to be regarded as scams.

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March 06, 2018, 08:34:44 PM
 #19

We need to beware of such coins – those coins were created in “get rich quick” scheme in order to make money only by their creators. Identifying them might be a little bit difficult. We need to scrutinize any coin very well before investing in their ICOs. Experience also matters in this kind of situation.
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March 06, 2018, 09:28:27 PM
 #20

i am sure everybody has different answer to this question

it is hard to understand in advance that one coin is scam

when it is obvious that it is scam it will be to late

so anycoin without a working product is highly probable for being scam
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