Scam coins everywhere.

[member1]

Too easy to.make a coin yourself. You don't even need any technical knowledge to do so. Every scammer can read or watch tutorial, so you cannot stop that. That spoils reputation of other coins greatly

[buhna]

I don't think that beginners want to improve world. All want to have profit. I don't like scammers, of course it is bad but it is reality. So if you want to earn on ICO you should be more smart and take care about your safety.

[GrannyC]

To stay safe the main thing is to learn to distinguish high-quality projects from fraudulent by researching properly the teams and the advisors and see what they are about.

[Rotsor]

The amount of scam coins in the market is one of the things that is negatively affecting the prices and the market. There are just way too many coins and most of them are useless as they do not have any useful application of the coin besides trading. There should be a regulation on the creation of new coins, and they should always pass a criteria before they can make new coins, this is getting too much

[wishman93]

This is one of the disadvantages of how a group of developers can create their own coin for a project. Technically, anyone can provide their own coin and can be easily used to scam people. That is why some coins are not really trusted. Everyone is encouraged to research first and observe a specific coin if he or she is interested ti invest on it or else you would lose your capital in a blink of an eye.
Any coin can be used for scam, even Bitcoin. But a coin made by scammers are definitely more dangerous because they are in control.

[AliveBuda]

Because it is a bear market, it is very difficult for anyone to make money by issuing coins. So many investments are losses, so everyone thinks that they are frauds, but not necessarily. Last year was a bull market. Investment would not be considered as such, but many of them are also frauds.

[yigitcoin]

as the amount of money increased in the currency of the crypto currency, fraudsters took interest. because the scam coins have begun to increase in recent times.

[Job7work]

  Yes, unfortunately it's a fact ..... now the SCAM are even bigger, very many projects just disappear. And those people who are completely unfamiliar with this market, I would advise not to do any hasty actions, because in 70% of such cases you will simply lose your money.

[dpoisoner]

Yes, you are right, it's sad. But look different, you are mistaken, but you get experience. Invaluable experience. You become more legible.

[olya_n]

Of course, it is sad and offensive when a scam ICO comes, but from this no one is immune, unfortunately ...

[ishietan]

We need to be vigilant or careful on selecting ICO. We have to dig all the the information of ICO before investing. Their whitepaper,website and social media, their products, their team and developer etc.

[Akorharrison]

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.

yes that is true, there are a lot of ICO's that are scam mostly scamming those that are new In crypto including doing there bounty programs without payment after some months which is so bad

[Bonanzabits]

Many newcomers who broke into the industry in the late 17th year, expected a dynamic growth of their investments and golden mountains from bounty hunting. This did not happen, in view of understandable events. But this does not mean that tokens, which cost 10 times less than they thought - scam. No, the market needs time to recover and make another leap.

[CTO@MyBitMine]

Scam is everywhere it's usual situation. Beginers always will be scamed till they got expirence to avoid scammers. There 90% of crypto is scam but when you are not new in it, you can recognize it. So just learn more.

[Kurukungkwang]

There is really no assurance in everything, so we don't need to be in a hurry in choosing the right coin, we are all handling our time and money, if we want to earn I don't think that there is no way for us to learn about things and try to investigate before investing our money, don't be procrastinate in doing it, nothing will be fooled if we will be just wise.

This really applies with everything else in life. Scammers exists outside of crypto as well, where there is opportunity to make money - scammers will be watching from the corner. But as people think that it is easy to flip money with crypto and as they chase some dream of being rich quick then it is easy to fool them and sell them some "tokens". People should always investigate before investing into anything, because if you invest into something based on other people opinions - then you are in trouble for not understanding and knowing how does the thing work. You have to do your on proper research yourself.

I don't know if the scam of coins is everywhere because I am a new in a bitcoin campaign and I cannot encounter about scam. I hope it will not happened to me, but if it is happened to me I fell very sad.

[OnceTwiceThird]

Every were we found many token was scam and haven’t price to sell on market, many investor was loss much money at fake and scam coin, exactly on ico was fake many investor to buy their token. But the last day for listed their coin on market price very low and very cheap, I don’t know why many investor was participated and invest money on fake and scam crypto,have they are chacking first at the ico before invest their money there ?

[kabzon_btw]

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.

Yes, it is really very sad and we all should be rather careful with that, but it does not mean people should panic or be worried

[kabzon_btw]

Every were we found many token was scam and haven’t price to sell on market, many investor was loss much money at fake and scam coin, exactly on ico was fake many investor to buy their token. But the last day for listed their coin on market price very low and very cheap, I don’t know why many investor was participated and invest money on fake and scam crypto,have they are chacking first at the ico before invest their money there ?

Not only token and coins are scams, but look what is going with ICO! It is like a worldwide disaster.But we will find a way out of it

[1C6fV5DtakfKANLJ8GUV7hCaA]

Oh yes! There are a lot of scam coins everywhere! Even right in front of your eyes! Man, these scammers would do anything to take advantage of the weak minded and lazy investors.

[letua]

Even though new comers around that seems no ideas that this crypto is full of scams they should do some research first before investing their money in one particular ICO. They should learn first the necessary basis needs in order to deal crypto not to fall in scam. It is hard to move on once you've got scam at the first try.