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Author Topic: Do you trust ERC20 tokens?  (Read 4698 times)
trimulia
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May 06, 2018, 09:09:49 AM
 #141

why not? it's has low fee but if scammed that your risk. now we all know that characteristic scam project after that

Betszkie12
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May 06, 2018, 09:12:50 AM
 #142

It is hard to really determine which coins are scams. Not unless if many will be complaining on them. It really doesn't matter for me what coins are there because anybody could just do scams as a way to get easy money. The best way to invest would be to enter exchanges of known profiles and is trusted by many. Don't get too much attracted by ICOs. Some are good but failed in the end due to market crisis as a result they are branded as scams.
mbluxs
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May 06, 2018, 09:14:03 AM
 #143

Believe. but I see statistics from the token I hold. not much price increase by using ethereum platform. almost all under ico. very poorly behind the many beliefs of people
Jinz02
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May 06, 2018, 09:17:37 AM
 #144

yes i believe in erc20 because last month i get a successfuly exchange coin. so until now i still believe in erc20.
Alohadanc3
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May 06, 2018, 09:31:43 AM
 #145

Last one and half year many ICO comes with the idea but the end of the day they all are a scam. I agree with that.but that doesn't mean all icos are a scam. There is many ICO they come with a good idea and a good product. And they work well. Every coin has 2 sides you have to choose the right one that's it. You have to careful about them you have to learn how to choose a right ico. And it's not about erc20, It can be anywhere. You think its erc20 cause most of the ico coming with errc20 that's it and also its easy to create and erc 20 tokens. And credits is good they are well performed these days. So choose the right one. Be careful. Thank you.

Olatunjex
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May 06, 2018, 09:33:49 AM
 #146

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?
To reasonable large extent i think you are very right but at the same time not all ERC20 tokens are scam. I have seen some projects with good devs that are willing to make their tokens to become a success.

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Dimid
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May 06, 2018, 12:21:12 PM
 #147

Scammers this or a good project does not depend on what it is tokens.
There are also ordinary coins scammers. In 20145-2015 there were no tokens yet, but every day new coins appeared on different algorithms, only to be able to blame and quickly sell on the exchange.
First of all, you should not look at the coin / token itself, but on the developers. If the developers have proven themselves, they are active, they have the knowledge and skills and idea, then perhaps this project will be successful. But the probability of scammers is much higher ... and it will always be so.
meldrio1
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May 06, 2018, 12:46:43 PM
 #148

For me some ERC20 tokens can be trusted like aion the dev are serious about their project and yes some of ERC20 tokens can be scam they just make that token to rich quickly. If you want to buy the ERC20 token and hold for long just make a research first before you buy it.

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May 06, 2018, 07:41:10 PM
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 #149

i trust ERC20 tokens they are real, according to your explanations is just the project/website that is fake not  ERC20 tokens ok
trako
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May 07, 2018, 11:46:04 AM
 #150

I do not trust. I use it for short time trading. if there is a good project in ico sales, there is no problem.
pootutus
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May 07, 2018, 11:49:27 AM
 #151

There are many ERC20 tokens that are of no value, and now some people specialize in making garbage tokens, at a very low cost. The abuse of the ERC20 tokens has hurt the market.When we invest in a project, we should not be too credulous about their white paper and planning. We should pay attention to whether there is any specific project being implemented.
rahul7timt
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May 07, 2018, 12:12:09 PM
 #152

it is not matter that we trust or not ERC20 tokens, the matter is if we trust the project behind  ERC20 tokens.
we always look for the project instead we see if it is ERC token or not??

i hope others will also agree with this.

thanks
CriptoNata
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May 09, 2018, 08:11:52 AM
 #153

Totally trust. The most important thing is the personal safety of your computer.
hanhduyen146
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May 10, 2018, 04:54:11 AM
 #154

The first time I hear these tokens, I would advise investing in better known ones, since they have a more successful team. Smiley Smiley Smiley
King Bounty
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May 10, 2018, 05:24:52 AM
 #155

yes, I really believe in ERC20 tokens, because there is no reason why I do not trust ERC20 tokens.

vivuta119
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May 11, 2018, 03:47:00 PM
 #156

Focus on projects where the team has a great reputation and a proven track record, and where you can verify they are actively involved with the project by personally reaching out to them.
shirahoshi
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May 11, 2018, 03:49:22 PM
 #157

i dont trust about that, because i never get erc20 tokens in my life, im newbie in here and now i have doing some project bounty, i hope i can get some tokens too from media campaign bounty and signature campaign bounty
kipozer
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May 11, 2018, 03:49:40 PM
 #158

I do not understand what the question is, if we are talking about the technology itself, what is the specifics of the fact that embarrasses you? If you are confused by something, you need to say what exactly.
crypto_117 (OP)
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May 11, 2018, 05:51:00 PM
 #159

I do not understand what the question is, if we are talking about the technology itself, what is the specifics of the fact that embarrasses you? If you are confused by something, you need to say what exactly.

I trust the technology and Ethereum but alot of projects are questionable imo. Most of them don't even have a working product.
martinrep
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May 11, 2018, 05:53:51 PM
 #160

not all erc20 is scam, some of it does, but not all of them,you can see erc20 tokens in the market that is so valuable. erc20 or the smart contract is an easy way to make a new coin, that's why it is being used to create even shitcoins.
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