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Author Topic: New coin are scam nowadays  (Read 3891 times)
Hopetruel
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August 04, 2018, 04:03:40 PM
 #421

It is undeniable that many coins are cryptocrypted currency, but we should not then generalize the new crypto currency coins that must be fraudulent. I can only hope that in the future there will be institutions specifically handling the emergence of new coins and regulating ICOs. This institution is expected to be able to give permits and licenses whether a coin is worthy to be operated on the market or not.

maybe 80% of the new coins or tokens will become scams in the future,
if they don't do the development surely investors won't want to invest again
MoeKaloolon
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August 06, 2018, 02:16:06 PM
 #422

Most new coins are scam nowadays, not all, and I sincerely wish that there is something significant that could be done to in a short time, to stop or reduce the birth of these new coins daily. It is becoming even harder by the day to tell which coin is for real and which one is not. Most of the fake ones are even more convincing that the good ones. This is bad for the market, really.
Triwiyono
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August 06, 2018, 02:24:31 PM
 #423

I agree with you, there are many new coins that are scam, one of them is avoiding by asking the coin team directly by telegram. but can also avoid scam coins by not buying altcoins that maybe not have a good future. just buy coins that are already on the big exchanger like bittrrex, binance, idex and many more when the price is cheap or the first time that coin enter to the exchanger. rather than buying altcoins which are very cheap but don't have a good future.

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arpaul
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August 06, 2018, 02:35:28 PM
 #424

Yes, most of the coins that we are seeing now are scams  Undecided. There is just nothing good that they are doing besides the fact that the teams behind these projects are just trying to make some quick money from investors. You should only invest in new coins for the short term as soon as you make some good profit from the new coins you should sell the coins. Cool
KseniaLard
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August 09, 2018, 11:11:31 PM
 #425

I think they simply do not have confidence, because there are crypto currencies in the head, such as bitcoyne and air, which are more positive, or just too lazy to go deep into the crypto market to analyze the new coin.
wildflower18
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August 09, 2018, 11:14:54 PM
 #426

There are so many new coins which I believe more scam are in the market. They cannot sustain the price no development and cannot follow on what they presents to the users or investors. We have to search the best coins to earn profit.

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sodiik
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August 09, 2018, 11:20:40 PM
 #427

The new coins that exist today do have a much bigger scam potential. For that, we all have to be careful of the appearance of the coins. Selection and analysis before deciding to invest in it. To avoid the scam coins, usually he already has a number of large communities, and it will be safer to choose the coins that are in the top rank only.

rbindac
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August 09, 2018, 11:21:39 PM
 #428

Yes, there are ao many fake ICO or crypto currency nowadays. So we need to be careful to choose an ICO for investing and campaigns. You need to do a research for it. Read their website and telegram group. In this generation, we need to be more wiser than those people who create a fake accounts.
caeles
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August 09, 2018, 11:22:06 PM
 #429

The release of scam coins are inevitable, we just have to be really extra careful choosing a good one and of course not a scam one.

BigBoy89
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August 09, 2018, 11:23:10 PM
 #430

There are so many new coins which I believe more scam are in the market. They cannot sustain the price no development and cannot follow on what they presents to the users or investors. We have to search the best coins to earn profit.

I agree with you that a lot of the new coins are scam, but it it not right to talk about all of them together. They are not all the same and we have some pretty decent projects. You are right that we have to search harder to find the best coins.

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bitivan
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August 09, 2018, 11:25:43 PM
 #431

Nowadays there are many projects that only want to raise a lot of money and that is really sad. Anyway decent projects also appear, but sometimes it's not too easy to find them)
Pet240
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August 09, 2018, 11:29:53 PM
 #432

Not all new coins are scam. I do not that a coin with a good product be called or be referred to as scam. Also a scam coin cannot be good for longterm investment. Research into every project before investing
cryptovet2020
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August 09, 2018, 11:31:03 PM
 #433

Yes, there are a lot of scams, but remember that there are also very good coins waiting for you to discover them, every time I research a project I look at many things and talk to the community generally in discord/telegram to get a "feel" of how they perceive the currency/community, so I have a good idea of whether it is a scam or not and I can invest without risks.
engrshu
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August 09, 2018, 11:45:26 PM
 #434

There are really lot of scams nowadays, compared to the past that the projects are really valuable and has legit profit. And considering the fact of duplication of projects, investors are having a hard time trusting a project because of their doubt

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kupido14
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August 09, 2018, 11:51:29 PM
 #435

You are right about that. Some of them are actually scam that wants to deceive many people in order for them to gain money from it. We need to be alert on those things.

Rohomus
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August 12, 2018, 12:43:36 AM
 #436

There are numerous tasks affecting everything at the present time, possibly too much. They are not all tricks in any case, many are made by unpracticed groups with great expectations that in the long run come up short. With respect to the CoinMarketCap posting, it requires a 24h exchanging volume of 100.000$, such huge numbers of pump and dump coins get recorded there.
ungongbuotan
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August 12, 2018, 12:46:40 AM
 #437

With the sudden bloom and popularity of cryptocurrency it is to be expected that a lot of scammers will try to exploit this. Yes there are scam coins but there are still some legit ones out there also. You just have to pick well and do a lot of research before participating or investing. It is our job to do so in the first place to ensure the safety of our money.
jhon pantau
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August 12, 2018, 01:00:48 AM
 #438

The new coins are indeed very vulnerable because the length of the dumping season has made some of the new coins unable to continue to maintain their existence and are also unable to improve their technology so that it continues to grow. Therefore, if you want to invest, it would be better to choose senior coins, which clearly have good references in its development.
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August 12, 2018, 01:05:12 AM
 #439

New coins are not necessarily scam but most of them are literally very weak so navigating in so many campaigns could help.
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August 12, 2018, 01:07:13 AM
 #440

I don't know if i can call them scam, but participating in some of this nee coins, i am yet to receive some of them, so maybe they are scam or they just are delaying to distribute.
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