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Author Topic: Do you trust ERC20 tokens?  (Read 4698 times)
Good Bo
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June 27, 2018, 08:22:24 AM
 #341

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.

Actually erc20 by etherium or not is not the matter but the project detail is the most important.
Example, although the project has mainnet but the project has no product and the team is scammer, is that good? Not. I think i also believe Erc20 token.
ratnawide
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June 27, 2018, 08:27:42 AM
 #342

ERC 20 tokens?
of course I really believe, I have gained the advantage in joining the bounty program based on ERC 20 tokens, and the transaction is very easy, I strongly believe
coinbergh
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June 27, 2018, 08:40:48 AM
 #343

The ERC-20 provides a standard against which all new digital currencies on the Ethereum blockchain are created.

This means that it is not a technology but rather a set of guidelines that facilitates the integration of multiple currencies into a single platform. Any new token created on the Ethereum network has no option but to conform to these rules so as to function on its platform. So i trust ethereum based tokens in cryptocurrency market.
ZirconiumX
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June 27, 2018, 08:56:35 AM
 #344

Why not? If contract was made by professionals,then there is nothing to affraid of. ERC20 is best thing in crypto, many projects now can get into crypto world and develop their projects
jt byte
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June 27, 2018, 08:57:52 AM
 #345

For me ERC-20 tokens are easy to use and that is why we see a lot of ICO ERC-20 tokens, but they can anytime switch to their own blockchain, like EOS or Tron.
slashz9
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June 27, 2018, 09:03:51 AM
 #346

it does not matter about its platform, even waves and others if it is token token is nothing, unless they intend to create a real project behind it.
so why with erc20? it's like you've been cheated and hated erc20.
sasisa
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June 27, 2018, 09:14:48 AM
 #347

I believe that ERC 20 tokens are a Scam. Such tokens are used on platforms. So you can make a copy of it and sell it. Keep track of the statistics and will not get caught
alexandermr091
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June 28, 2018, 06:31:10 AM
 #348

Yes, I actually trust ERC20 tokens even if there were some tokens that didnot have any value. One thing also, these shit scammers using ERC20 is the one reason why the credibility of ERC20 is being questioned by some.
trinhdao078
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June 29, 2018, 06:17:13 AM
 #349

The cost of the Erc20 token is very low, and of course there are some valuable projects, such as the very popular EOS, which is also used as a token, but it is soon to be replaced.
Alex Farber
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June 29, 2018, 08:38:03 AM
 #350

I disagree that all the tokens issued on ERC20 are scam. I found one good project - Cryptics, which does use ERC20. It doesn't look like scam. They have the MVP which used a lot of people for trading and the other proofs of their fairness

Recent time I often hear about this Cryptics. I think this planform worth attention if people so often write about it. Gonna check up their website.
fakegurutu
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June 29, 2018, 08:51:55 AM
 #351

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?

I genuinely trust erc20 tokens that are supported by myetherwallet because most of the altcoins out there were erc20. Its very easy and convenient to use by more than those involved in trading in cryptocurrencies.
gempil
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June 29, 2018, 08:55:04 AM
 #352

So far my belief in ERC20 is still safely maintained until now I still use it for transactions in various ICO. ERC20, in my opinion, is a wallet that can be trusted to keep our personal data in the wallet and can keep the assets in it. I hope the ER20 can be improved in quality so it will not be easy for other wallets to beat or replace them, and can continue to be used in the future.
KarinaMix
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June 29, 2018, 10:09:27 AM
 #353

for me, erc20 coins are easy and simple coins for a transaction. Yes, I agree that many scammers projects based on ERC20 as it is easy enough to create a token, but scammers not only use ERC20.
Zorane
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June 29, 2018, 10:27:50 AM
 #354

Yeah, Sonder is ERC20 token and i believe in Sonder
Queen12
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June 29, 2018, 10:29:49 AM
 #355

First, the ERC20 token has no problems.
However, many of the current ERC20 tokens are just for hype or just to raise money.

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123jznjx1892889
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June 30, 2018, 12:54:43 AM
 #356

I must mention that not every ERC20 token is a scam, there's alot of great projects with great goals and they are already doing well in terms of volume and trust!
I remember that eBTC, i earned some fiat trading it and got the airdrop too, but, i really don't trust this type of tokens.
tuikindu01
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June 30, 2018, 01:00:09 AM
 #357

There are too many tokens now, but not all of them are frauds, and they really want to have their own projects and tokens, which can really form a propaganda or legal relationship between communities. We'd better be careful.
maculeth
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June 30, 2018, 01:02:24 AM
 #358

I also don't know the current situation. token distribution and list processing on exchange is very long for almost all tokens in ERC20. some say because this is the result of the number of ico and the number of tokens in the exchanger that make the process long. sometimes I'm tired too, but I must always believe, because I live from this.

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hoanglann111
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June 30, 2018, 11:53:53 AM
 #359

I have yet to see an ERC20 token with actual use case. Most are just ICO tokens that immediately gets dumped once it is listed in exchanges and others are used to scam people. Better to trust coins with its own mainnet or has an actual product.
Kakady13
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June 30, 2018, 11:55:41 AM
 #360

Don't lose your belief just because 1 or some scam coins. There are many other potential coins that you can invest and earn profit from them.
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