Scam coins everywhere.

[TomInVa57]

I also faced problems and fraud with ICO and bounty. Unfortunately, now we need to carefully and responsibly choose the right project to avoid losses.

[1715486499]

1715486499

[billy.ryoko]

Yes, there are many scam coins and scam ICO in here, I have found many projects they only active when launched the ICO, when is finished, the project seems to suspense, or some project when listing in the exchange, the price will rise once, anyway never have trading volume final.

[Wildskull]

This is unavoidable. Because the market is very turbulent and there is no effective supervision. The process of issuing a cryptocurrency is too simple. Investors are also eager to get profits from it. There is no detailed understanding of the projects they invest in. Many people Blind investment, this leads to so many frauds in the market!

[Arcanefist]

Now the number of scammers and unsuccessful projects in this sphere has really grown significantly. Therefore, you must carefully study all the documentation of the project.

[Jammypoe]

Sadly and quite frankly, begginers are not the only one falling victim of these scam projects these days, irrespective of your experience in cryptocurrency, if you do not conduct a background check on any ICO and you just go ahead, investing your hard earned money, the risks are better imagined than experienced. Failed projects, scam ICO, some really worthless coins here and there. These need to be removed from the system.

[krenus]

It really is hard to believe that there are some ICOs who are intended to scam people. There are all hypocrits and rely on the weakness of people especially those who are new to bitcoin. So sad.

i think doing some research is essential. the presence of scams is just an idicator of how sick our society today, not just in crypto world but in general.

[Ajadey4]

The rate these scam projects are gaining ground and weight these days is alarming. People invest, having thrown in faith that the project would succeed, put in a substantial amount of money, later, turned out they have been duped, seriously it is a hard pill to swallow. Beginners and everyone involved are scammed largely because no monitoring agency or a government regulizing it, if their were any in place, the scams here and there would be reduced, and loss over investments would be minimal.

[zimmah]

This is not surprising. In any field dealing with big money, there are crooks who want to deceive you. So, such a high crime rate suggests that the cryptocurrency is becoming popular and available throughout the world.

[Mairiri]

It's a pity, it's like that. beginners should learn first if you want to invest in ico. the market situation, for now, makes some ico unable to reach the target. even some ico, take away their income. so, for now, we must be more careful in choosing ico.

[yohangunasekara]

I have experience on scam ICO's. That really sucks and I think that those are also the reason why in some country cryptocurrency are being banned because of those scam instances.

[omacron12]

You cannot trust any project ,because of so many scams around.dyor

[GWS My Boy]

very unfortunate that this can always happen for now, even the impact is not only on the followers of the scam bounty but the price of the coin will also be affected later because the more negative direction the impact will be longer, as it is now that the price of all coins falls and is very low so that investor confidence will soon disappear.

[CGPA]

In nowadays, ICO scandal in the crypto market has increased at an alarming rate. There are a lot of ICO that are essentially to get rid of the buyers in the market. So I will tell the newcomers to verify properly before selecting an ICO.

[nguli]

yes you are right now for a lot of coins that scam and make new users even more confused because they don't know which coin is not a scam.

[markalis]

I think we really need strict regulation and a clear legal entity so that investors' funds can be protected and checks on ico are getting tighter

[mylove01]

The analysis carried out say over 80% project now are scam, but for every newbie they will get discouraged even to do a real project

[Sarcasm]

The analysis carried out say over 80% project now are scam, but for every newbie they will get discouraged even to do a real project

It's not to be able to lead again. What happened indeed seems very terrible. an awful lot of the ICO project current scam, even the laundromat also many scam. This condition is not very good.

[dammytol]

I think we all need to be careful because people now create token easily on ethereum which they can use to scam others of their funds. Reading whitepaper is not enough to know a good and scam free project

[lena1]

In fact, the fact that some ICOs are launched to deceive people is not hard to believe, it's hard not to get caught in such ICO ...

[mark 4]

Yes, you are right many coin scam everywhere. we must be careful in choosing the project to avoid coin scam.We must be really smart in choosing a project