Scam coins everywhere.

[Hadarula]

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.

it is sad but truth, there are a lot of scam coins nowadays and i do not know what to do with it and what actually can be do e

[Hadarula]

This crytocurrency market is unregulated so that why many people will be easy to create fraud coin to scam others people. But not everything is so bad, because even today, sometimes good, really good projects come out. We just need to research.

i think that only sad expereince can help you to learn to understand where the good clin is and where the bad is

[Stavri]

you are correct. there are so many scam icos and coins everywhere. and there is no exacct regulation to protect the people against this scams. because this ecosystem is decentralized. every investor has to search very carefully before investing in anything in crypto market.

[ukw]

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.

Where there is some money and benefit, there have always been scams and will continue to exist. This is one of the oldest "crafts" of man. Unfortunately, the crypto world is pretty easy for this and there are many such projects.

[Aduhekl]

Truly this is valid, trick coin and abundance is by all accounts wherever now that one isn't even protected to put resources into only an arbitrary ICO venture as one may fall casualty of the many phony ICO out there. Despite the fact that one can't be excessively cautious, making it impossible to get spared from this individuals. Despite everything one needs to avoid potential risk like perusing the whitepaper to comprehend the task well and furthermore make inquiry from individual speculators to know how great such undertaking is.

[coinstalker23]

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.

How is that hard to believe? This is a largely unregulated space where anonymity is easy and people can get away with stuff. Of course fraud is going to run rampant. That's why you have to do extra due diligence

Its been there since the start of time, Scammers will do everything on their power to scam people who looks like prey to them and it pretty much affected the current ICO industry. The unregulated space of the cryptocurrency and no commission who govern it makes it pretty easy for those scammer to do whatever they want.

[ostsee77]

why do people invest in scam-coins? you can invest in the top 20 coinmarketcap coins. there is 99,9% no scam and you have the chance to earn a lot of money in a few years. who invests in ico or other unknown tokens can lose everything. that's the risk.

[tk808]

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.

How is that hard to believe? This is a largely unregulated space where anonymity is easy and people can get away with stuff. Of course fraud is going to run rampant. That's why you have to do extra due diligence

Its been there since the start of time, Scammers will do everything on their power to scam people who looks like prey to them and it pretty much affected the current ICO industry. The unregulated space of the cryptocurrency and no commission who govern it makes it pretty easy for those scammer to do whatever they want.

You are in a space where making money is the dominate trait. It's dog-eats-dog here and it will not change. Regulations in major countries will help, but there aren't physical goods being distributed here, all it takes is your computer and a little bit of effort and you can create the appearance of "the next best thing." Governments can't do shit about that, unless they are actively hunting down that or those specific individuals by tracing payments through w/e blockchain. As you can imagine, that requires a lot of resources and effort.

The best thing a government can do, is ban crypto entirely. But that won't occur, because of the implications of falling behind on Blockchain tech will cause billions in losses years and decades from now. The 5% of coins that are legitimate and noteworthy, will ultimately re-shape all our lives. 

[toplikop]

Tricksters exist in any circle, and particularly in, for example, ICOs, on the grounds that this circle isn't managed by law, in any event in my nation. The primary concern is to figure out how to recognize top notch ventures from false by different criteria, for instance, the uniqueness and convenience of the thought, data about the group, the accessibility of white paper and a guide, straightforwardness of the financial plan, a justifiable idea of merchandise or administrations, the dissemination of tokens. It isn't conceivable to totally shield yourself from con artists, however you can limit the hazard.

[Leysdnik]

You need to be able to analyze. Of course, we cannot guarantee that the ICO or the programs we participate in are fake.

[Betaa]

now very many ICOs appear and most of them are scams. it is very difficult to choose an ICO that is truly legit, must read a lot, analyze and study the ICO project.

[dreadfullICO]

Yeap the market is full of scams. It is very sad, as the ICOs are new blood for market and we should support new projects to develop market. Here are som tips how to avoid scams: https://icoguide.com/en/blog/how-to-identify-scam-icos maybe it will be useful.

[PlusOne88]

I do not actually consider most to be a scam as there are so many who are actually doing their work to the best of their abilities to create the ICO project but sadly their coin is not really that useful and their plan didn't work as much so that they failed and the result is that their ICO appears more like a scam. Failed projects do not pay bounty hunters and may not have returned or as the contracts may have guaranteed it, returns all the investments back to the owners. There is only a little room for coins to survive due to less usage and small number of investors.

[ubongephraim]

They've become too rampant. It's a menace now. Anyone can just create a token and start distributing under the guise of a solid project and abandons it after making money.
It's quite too much nowadays

[seven2smoke1]

now very many ICOs appear and most of them are scams. it is very difficult to choose an ICO that is truly legit, must read a lot, analyze and study the ICO project.

Exactly mate, you need to choose only the legit company or you want to invest in some ICO projects, by doing some research about the project, team and by reading people's feedbacks. Analysing and studying the project can help you to know more about the project and make you decision.

[mikhael.gusev]

YES I absolutely agree. I have even almost stopped participation in bounty. It is impossible! Only on BTT there are a week about 60 bounty, them 80% frank to skam!

[Masha Me1]

I think we should not be surprised. because scammers everywhere are operating. not only in the crypto currency. just always need to understand that risks can not be avoided. and all responsibility falls on the investor. so, that you secure yourself by attaching more time to your choice and your investments.

[RandyMagnum]

now very many ICOs appear and most of them are scams. it is very difficult to choose an ICO that is truly legit, must read a lot, analyze and study the ICO project.

what is problem to read a lot, analyze and study the ICO project? Looks like many people want to push button and get a lot of money investing is a hard work, if you are lazy then entrust money to cryptofund but be careful there are scam among them too 

[kenzio2016]

it's true that nowadays so many scam ico. this is why as a bounty hunters or investors we should be more careful to choose ico. should read more details about the project

[hengha]

Yes, because ICO cannot be regulated. We need ICO to be regulated so that every investor can be protected against the cryptocurrency market.