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Author Topic: Scam coins everywhere.  (Read 10902 times)
MasterObsheniya02
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May 25, 2018, 11:21:53 AM
 #461

ICO is a new way to finance quickly, and it is not regulated by any organization. These characteristics make ICO become a tool used by those scamers. Unfortunately, many ICOs are now such scams.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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Miminaha
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May 25, 2018, 11:23:01 AM
 #462

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.
Sad, but truth and we can do nothing about it right now. But I hope in future people will be able to prevent such kind of things
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May 25, 2018, 11:37:43 AM
 #463

Bitcoin scams are constantly coming and going,
Bitcoinist noted, so one of the first things you should do any time you’re vetting a new bitcoin company should be to check if you’re using a secure connection.
jamesdean35
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May 25, 2018, 11:39:48 AM
 #464

The scam coin event has started to happen frequently in recent times. As investors we started to be afraid. I think new measures should be taken to prevent this situation. hope will come to an end as soon as possible

Asmonist
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May 25, 2018, 12:11:12 PM
 #465

That's really sad to hear. We really need to be careful in what we tend to join or invest into. Being digital is very helpful but risks is always there also. Technology is build by a person and definitely it can be abused by scammers. We should have regulations and securities to give us more confidence to join and invest in crypto.

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May 26, 2018, 01:03:40 AM
 #466

Of course part of ICO is created to raise money from people. First you need to understand the issue well and only then invest money there.
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May 26, 2018, 01:08:09 AM
 #467

I agree and think the large number of scam ICOs is damaging the reputation of cryptocurrencies. Besides the outright scams, there are projects not paying the promised bounties, which is a form of scamming.
takenprot
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May 26, 2018, 01:13:52 AM
 #468

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 personally, some ICO have a lot of fraud. So you have to carefully analyze or select the project and for beginners, it is advisable to understand all ICO explanations from understanding reading the white paper, getting to know ICO team, and accessing information about the telegram.

camryku
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May 26, 2018, 02:25:17 AM
 #469

yes, I think so because there are many ICO that scam and deceive many people, especially for people who are still new in the world crypto, and with the ICO scam some people sad for not getting profit because to follow ICO project we have to read and see white paper and time workers,
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May 26, 2018, 02:35:45 AM
 #470

Scammers are the biggest challenge in the crypto world. They are destroying the reputation and trust of people to ICOs. Many good ICOs are affected by these scammers because less and less people are investing in projects. These people behind these scam ICOs are psychologically disturbed and financially thirsty that they will do anything to easily get rich. how long people have worked on the project before launching the ICO. If it's only few months or weeks there is very high chance that this ICO is a scam. The real projects take quite a lot of time to plan, to prepare meaningful white paper, and finally to launch ICO. The professional field background of the ICO team in the field that the ICO tries to address is quite significant.
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May 26, 2018, 02:37:51 AM
 #471

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.
definetly this happen in reality  that there are some ICO who are intended to scam people,because the only things come out into there mind is to earn,not knowing that they can hurt the feeling of there co-humaninity,but this is some part of this cruel world,that there are hypocrits or people have personal interest  that they profited into the weakness of the person,thats why they scam people and i am the one also experienced about it.

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Ekosistim
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May 27, 2018, 02:20:31 AM
 #472

yea we can say there is always a bad guy everywhere, so protect yourself, your fund and Money dont be easy to cheat by some interested ico scam.

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Bitbitmaker
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May 27, 2018, 02:21:29 AM
 #473

Scam coins can be everywhere, but for this we should investigate ICO, read white paper and then invest so that money is not wasted. But still many companies  scammed after giving assurance.
natsu01
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May 27, 2018, 02:25:57 AM
 #474

Yes! There are lots of scam coins and ICO tokens that are running out in crypto markets today, so we must be careful in buying new tokens.
piscook
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May 27, 2018, 02:29:58 AM
 #475

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.

In my view, the ICO launched today is nothing but a fraud and is only here to deceive beginners and take their money. if it finds such a thing. start learning to choose a truly real ICO, find out a lot of information that exists today. In need of research first before joining the project, so you have experience, knowledge, and insight. and is strongly encouraged to discuss in the forum.

Gr4yF4ng
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May 27, 2018, 02:31:49 AM
 #476

Yup.

The worst offenders are the coins that pretend they have big partnerships with companies in order to get more people to invest and prop up the price. For example, recently Modum claimed that they have a partnership with Deloitte, when Deloitte simply worked with them in a workshop. It's disgusting.

People need to pay more attention to projects that are fully focused on development and hitting major goals. Ambrosus for example.
zxl912157
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May 27, 2018, 02:42:24 AM
 #477

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's an easy way to make money from investors similar to Ponzi schemes.
So in my opinion people do not need to invest in ico but buy after ico it out in the market. Usually, the price will decrease due to the dump from the bounty hunter or due to the decline in Bitcoin prices.
damsix
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May 27, 2018, 08:00:39 AM
 #478

not only in Cryptocurrency, in the real world like the trade of fruits, palawija etc. often happens whose name is fraud by the middleman.

so fraud in the crypto also surely exists because on the basis of his man likes to lie for his own stomach without thinking of others.

3rrr angels
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May 27, 2018, 08:06:57 AM
 #479

not only in Cryptocurrency, in the real world like the trade of fruits, palawija etc. often happens whose name is fraud by the middleman.

so fraud in the crypto also surely exists because on the basis of his man likes to lie for his own stomach without thinking of others.
Yes, Some ICOs project did not continue their projects when they feel that the project they launch is not successful and the bounty rewards they offer to participants they automatically cut off to save their capital which make bad effect to people who participated the project most especiall if the campaign is finished.
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May 27, 2018, 08:11:03 AM
 #480

They all use human weaknesses, such as greed and ignorance! Many people blindly invest in order to be rich overnight! So there are so many fraudsters in the market!
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