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Author Topic: Do you trust ERC20 tokens?  (Read 4726 times)
crypto_117 (OP)
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May 02, 2018, 01:50:31 PM
 #1

Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?
sky9314
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May 02, 2018, 01:53:22 PM
 #2

Whether a project is scam does not depend on whether it is an ERC20 token, many masternode coins are not ERC20 tokens, but they are almost always scams.
winspiral
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May 02, 2018, 01:55:28 PM
 #3

I'm runing cash systems for over 20 years.

To manage them I created shares or special points.

Now I have the opportunity to create real ERC20 tokens.

Why should all the people who have trust in my shares or special points not trust in my WSPU2 ERC20 token?


danherbias07
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May 02, 2018, 01:58:39 PM
 #4

There is already a Youtube tutorial in how to create an ERC20 token. It is not about the token that you should be asking about.
It is about the project in it.
Even if it is under NEM or under Waves, they will all just be tokens without the real project as the backbone of it.

There are too many tokens now so better be wary with what you will pick next time.

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crypto_117 (OP)
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May 02, 2018, 01:58:47 PM
 #5

I'm runing cash systems for over 20 years.

To manage them I created shares or special points.

Now I have the opportunity to create real ERC20 tokens.

Why should all the people who have trust in my shares or special points not trust in my WSPU2 ERC20 token?



You can create an ERC20 token in like 10 minutes. Even kids can do that.


But you are not trusted here, lol. Trust: -16: -4 / +0
qfswoghq
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May 02, 2018, 02:02:41 PM
 #6

Many of the Erc20 tokens are distributed randomly, some are distributed through airdrop, and many of them are false accounts. It is easy to dump these tokens after entering the exchange, and many Erc20 tokens will fall quickly after entering the exchange, not to touch them.
CAPT.DEADPOOL
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May 02, 2018, 02:03:28 PM
 #7

for example, because of the fact that there are no projects in the ico and scam especially the investors are their target but there is also legit erc20 and there are also values ​​but more definitely token really and sure not to scam

adam1230
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May 02, 2018, 02:04:12 PM
 #8

For me its not fullt trustable but i trust for trading purposes.
Batchflow really important security issue but almost all tokens are now safe
crypto_117 (OP)
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May 02, 2018, 02:04:21 PM
 #9

There is already a Youtube tutorial in how to create an ERC20 token. It is not about the token that you should be asking about.
It is about the project in it.
Even if it is under NEM or under Waves, they will all just be tokens without the real project as the backbone of it.

There are too many tokens now so better be wary with what you will pick next time.

Yes, I know it's about the project and not whether if it's an ERC20 token or not but they are easy to create and if you can build a nice website you could create a scamtoken very easily.
mast3rm1nd
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May 02, 2018, 02:05:40 PM
 #10

this is a classic mixup between technology and the people who use that technology. the technology is innocent from the criminal acts of other people, just like a car a knife or a gun in that matter. I personally think that ERC20 token are a great idea.

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coinobserver
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May 02, 2018, 02:06:10 PM
 #11

Trust, but verify, as the old saying goes is the best philosophy!
daicavung
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May 02, 2018, 02:07:51 PM
 #12

Currently many ERC20 purse has been hacked. I have not determined how they penetrated and hijacked our private key, but my friend was hacked and robbed of all the tokens in the wallet. so be careful.

Xmm
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May 02, 2018, 02:10:23 PM
 #13

I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

 By the way a good choice in my opinion Smiley

winspiral
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May 02, 2018, 02:12:00 PM
 #14

I'm runing cash systems for over 20 years.

To manage them I created shares or special points.

Now I have the opportunity to create real ERC20 tokens.

Why should all the people who have trust in my shares or special points not trust in my WSPU2 ERC20 token?



You can create an ERC20 token in like 10 minutes. Even kids can do that.


But you are not trusted here, lol. Trust: -16: -4 / +0

Does it matter to be trusted here?
I do not think so.

If you investigate you can see that only people who talk about things they have not understood have redtrusted.

And you?
do you follow the redtrusters like a donkey or you make yourself your own opinion?

I'm proud to know that I'm redtrusted because my English is poor and my website horrible...
Many French people have not the chance to tals a poor English and to run a horrible website...
For a redtrusted person,I find I have already offered much cash...
And do not worry...you you do not profit from my gifts...other will do.

AnisahSiti
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May 02, 2018, 02:16:53 PM
 #15

It is difficult to give confidence in the token erc20. But not all tokens with that base are scams. There are several platforms that really build and have a real impact by using erc20. Therefore, we must be really keen on sorting and deciding something before investing.

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crypto_117 (OP)
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May 02, 2018, 02:19:39 PM
 #16

I'm runing cash systems for over 20 years.

To manage them I created shares or special points.

Now I have the opportunity to create real ERC20 tokens.

Why should all the people who have trust in my shares or special points not trust in my WSPU2 ERC20 token?



You can create an ERC20 token in like 10 minutes. Even kids can do that.


But you are not trusted here, lol. Trust: -16: -4 / +0

Does it matter to be trusted here?
I do not think so.

If you investigate you can see that only people who talk about things they have not understood have redtrusted.

And you?
do you follow the redtrusters like a donkey or you make yourself your own opinion?

I'm proud to know that I'm redtrusted because my English is poor and my website horrible...
Many French people have not the chance to tals a poor English and to run a horrible website...
For a redtrusted person,I find I have already offered much cash...
And do not worry...you you do not profit from my gifts...other will do.

Running an "investment game" with the tagline "No risk...You can not lose.".
Claiming that it is not a ponzi, however unabled to explain how it works.

No. I would never trust you, not in a million years. You are a stranger to me on the internet with negative trust. What do you expect, lol.

/Edit: Now you've got an extra redtrust.  Smiley
00DKM@
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May 02, 2018, 02:24:44 PM
 #17

Currently many ERC20 purse has been hacked. I have not determined how they penetrated and hijacked our private key, but my friend was hacked and robbed of all the tokens in the wallet. so be careful.
unluckily. You probably did not install metacert to authenticate trusted sites on the internet, or someone who has access to fake domains created to take over your private key. Also, I think MEW had a recent flaw to hiskjack through google DNS.
Whether a project is scam does not depend on whether it is an ERC20 token, many masternode coins are not ERC20 tokens, but they are almost always scams.
Yes, I can not verify more with non-professional knowledge like me. I used to abuse my belief by stupid expectations with masternode cards.
teilwalL05
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May 02, 2018, 02:25:19 PM
 #18

You should dive in more on the project instead of the token alone, Because not all are scam and really want to have their own project and token that can really make a hype or a legit relationship between the community, We really need to have research on the project more and see for ourselves what is the real deal and not.
mummybtc
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May 02, 2018, 02:27:12 PM
 #19

YYour premiss is faulty, what you are saying is just that if a citizen if a country is a scammer than all citizen of that country are scammers. I don't have any issue with ERC20 tokens, the people behind the projects are the issue, that is why people were advice to research  what they are getting into before investing into them and don't invest what you can not afford to lose
winspiral
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May 02, 2018, 02:28:05 PM
 #20

I'm runing cash systems for over 20 years.

To manage them I created shares or special points.

Now I have the opportunity to create real ERC20 tokens.

Why should all the people who have trust in my shares or special points not trust in my WSPU2 ERC20 token?



You can create an ERC20 token in like 10 minutes. Even kids can do that.


But you are not trusted here, lol. Trust: -16: -4 / +0

Does it matter to be trusted here?
I do not think so.

If you investigate you can see that only people who talk about things they have not understood have redtrusted.

And you?
do you follow the redtrusters like a donkey or you make yourself your own opinion?

I'm proud to know that I'm redtrusted because my English is poor and my website horrible...
Many French people have not the chance to tals a poor English and to run a horrible website...
For a redtrusted person,I find I have already offered much cash...
And do not worry...you you do not profit from my gifts...other will do.

Running an "investment game" with the tagline "No risk...You can not lose.".
Claiming that it is not a ponzi, however unabled to explain how it works.

No. I would never trust you, not in a million years. You are a stranger to me on the internet with negative trust. What do you expect, lol.

(lol)
this is a bad proof...
it is an argument in my favour.
All my investors have been cashed back with profit.
It is not my fault is my redtrusters do not understand my systems.
if they are not able to try to understand,i have not to explain what is writen on my sites.
I'm not here to lose my time to explain evidences.
They were even not able to ask specific questions...
If I said "no risk" then it was no risk.And all investors have earned.



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