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Author Topic: Scam coins everywhere.  (Read 10903 times)
rogovih
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June 21, 2018, 06:12:25 AM
 #821

Unfortunately, it is very difficult to choose a good project, in fact, there are a lot of scams on the market, it is not always possible to recognize a good project or scams

bournekin
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June 21, 2018, 06:54:26 AM
 #822

Today, because of many more people who are interested in crypto, we may also find many more scams. The ICO scams, Bounty scams, and moreover the scam coins. They are very hard to identify and differentiate among the other legit one. Therefore, as an investor or people involved in crypto, it is very essential to learn more about it. We must be more diligent and wise in analyzing the coins or ICO to minimize the risks of being scammed.

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kalincoolcute
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June 21, 2018, 09:02:51 AM
 #823

Thats right, its so sad to cryptoworld, and its make me a bit depressed to buy from ICO. Therefore, before investing in any coin, I will study and real a lot of information to avoid scam ones.
ll63248555
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June 21, 2018, 09:29:44 AM
 #824

You're right, hateful swindlers! I have been cheated several ETH in recent months! So I decided not to participate in ICO in the future! I'm going to participate in airdrop and reward activities in the future!
efxtrader
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June 21, 2018, 09:39:11 AM
 #825

I have participated in many ico , it happens very often , many ico are scams . That is why new investors do not come, they are afraid of losing money

Peoples always find a way to scam other peoples. They using crypto right now because crypto is new investment and attracting many peoples. Its really sad when reading peoples get scammed. Maybe many scammer in this industry because government not regulate this market yet

BlackRacerX
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June 21, 2018, 10:29:11 AM
 #826

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 myself can't believe that people are scamming innocent and unfamiliar people just to get money from them. Cheap. Even for them. I despise people who scam for a living and I just can't stand here and let them have a take on people's hard earned money. People should realize that cryptocurrency are safe to invest and destroy the stigma of cryptocurrencies.

milkpeace67
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June 21, 2018, 02:58:59 PM
 #827

This is why we need to do a research about the project and team before investing to an ICO out there, Because we can't even judge it as a real ICO even if their project seems promising.
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June 21, 2018, 03:01:16 PM
 #828

I think at this time because a lot of ico is not successful so many scams that often occur in this currency crypto issue, besides I see altcoin that currently seems to give unnatural things in the movement of its currency and if we invest for the moment I feel a lot of risk that we will worry about.
excessbit
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June 21, 2018, 03:06:34 PM
 #829

for beginners, it is advisable to understand the overall explanation of ICO from the understanding of reading whitepapers, getting to know the ICO team, and accessing information on telegram

How can telegram be used to identify a fake ICO?
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June 22, 2018, 06:48:34 AM
 #830

We cannot guarantee that the ICO or programs that we participate are fake or failed or not. What we must do is analyzing the progress and the project. It will be meaningful to be able to differentiate the true coins and the fake one.
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June 22, 2018, 06:53:44 AM
 #831

I agree with that thing most of the campaigns now are scams even they have a good project and teams they can hide their intention when the campaign is still ongoing but after the end of the campaign they ended up in scamming the rewards and the investors investments. That's why I stay to the most trusted bounty manager that will choose a good campaign in this coming months.

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Television123
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June 22, 2018, 07:08:58 AM
 #832

Yes there are many scam ICOs who are intended to scam people They target beginners who have no experience those who are new to in the forum Before investing in ICO, you should read their website, the start date and end of the ICO carefully, read the white paper, check the coin team and review what they have done in the months to the success of that coin also you should check out their social media channels
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June 22, 2018, 07:14:55 AM
 #833

yes i agree most of ico project scam nowadays for me its really hard to know if the project ICO is scam or not

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paulscathedral
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June 22, 2018, 07:20:03 AM
 #834

Yeah, that's very bad. But this teaches us a more comprehensive approach to investment in ICO projects, to carefully study them, check out the project objectives and integrity of the team. I'm just trying to get something good out of something really bad.
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June 22, 2018, 07:21:43 AM
 #835

I have participated in many ico , it happens very often , many ico are scams . That is why new investors do not come, they are afraid of losing money

This greatly damages the reputation of the cryptocurrency and I think this is the main reason why investors have become more passive to investing in the cryptocurrency. A lot of fraudulent projects, especially recently. The cryptocurrency attracts more attention to itself and attracts scammers accordingly.

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Leonard2016
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June 22, 2018, 08:06:55 AM
 #836

Unfortunately it is so true and i'm sorry for it , when bitcoin was used in silk road Satoshi wished it has been know by a better way , now the scam ICOs are destroying the reputation of ICOs and also cryptocurrency market , it has been like a jungle out there , and very dangerous , thats the main reason of market falling , if people don't trust the market , they don't invest in it , and then the volume dont increase and we don't see market grows , we need to bring trust back to the market , we need strong surveillance on the market like we have on stock market , to stop scams and ridiculous pump and dumps!


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June 22, 2018, 10:12:56 AM
 #837

I think it is currently very difficult to distinguish a fraudulent ICO project from a real good project, but still it is possible. I think that beginners should not rush to invest in a project that conducts ICO, it is better to participate in bounty companies.

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June 22, 2018, 11:05:24 AM
 #838

I feel same with you  there are a lot of scam ico. offering products and bonuses. offers listing exchange with top 10 exchange. but when they reach the hardcap or past the softcap, they just run away. purchased coins are worthless.
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June 22, 2018, 11:19:38 AM
 #839

Not just for new people on crypto, but many paople which has involved in crypto for long time, have been scamed too because of some of SCAM are very similar to the legit one.
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June 22, 2018, 01:43:33 PM
 #840

With ico's becoming popular of course scammers will intend to ride the trend. That is why it is our duty to hand pick carefully the ico's we are planning to invest in or participate. Always check for the credibility of the people behind the project. You can also ask people for ratings and comments about the project.
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