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Author Topic: Do you trust ERC20 tokens?  (Read 4698 times)
yourselfe99z9
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July 12, 2018, 04:43:04 AM
 #421

It may be easy to create the ERC tokens. However, it doesn't mean that it can be the guidance. It is better to choose the coin or ICO with the clear real product. So, we can ensure that the coins will last longer. This is clear how important is a product of an ICO to attract the investors and ensure the investors that they are real.
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Irvinn
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July 12, 2018, 05:14:22 AM
 #422

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?
In order to get less on fraudulent ICO projects, you need to more carefully select projects for investment and more to choose with a real product and a good idea. The ERC20 markers are just as good as the others. The tokens created on the basis of these are generally very useful. Of course, among them there are people who are not needed, but they are quickly discarded by the market, the strongest survives. This is a natural process.
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July 12, 2018, 05:18:42 AM
 #423

Since ethereum is a trusted coin, that means the token erc20 is trusted. For me Token ERC20 is very popular and widely used by various projects today. ERC20 is also the largest platform and widely used in new ICO projects, has helped cryptocurrency to be closer.
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July 12, 2018, 05:19:09 AM
 #424

Yes, it's very sad that there are so many scammers around us. Only where is ERC-20? Is it any more difficult to deceive on any other platform?

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July 12, 2018, 05:21:51 AM
 #425

I usually do a lot of research on a token before I trust it, I can tell you about these three so you get an idea of what I'm talking about.

SingularDTV - resilient thru the crash in the last few days. The team's working really hard and can reach 50-75 cents to a dollar in Q4.

Tierion - flying under the radar. Solid team, solid use case and solid partnerships with Microsoft and Phillips. Upcoming milestone: release on 15th September followed by listing in more exchanges.

Iconomi - holding this long term. DAAs are the way to go for mainstream investors.
drixty
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July 12, 2018, 05:34:24 AM
 #426

yes most of my holdings are erc20 tokens and i really believe in the potentials of this tokens. i never experienced loses with it and im still satisfied with the result of my erc20 tokens.
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July 12, 2018, 05:38:36 AM
 #427

Yes, I believe in ERC20, because this allows me to make huge profits. Basically, all ERC20 online exchanges are very easy. If you choose a good exchange, then I will easily get rich profits. And don't take too long
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July 12, 2018, 05:43:54 AM
 #428

It is because you bought a project with no whitepaper and team behind them, you bought e token which was popular airdrops and has no future. Erc20 token is not matter as long as the project is good because the value will go up anyway. Erc20 token also benefit from the dex as you can trade them immediately using the contract address.

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tuquyen44
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July 12, 2018, 12:15:32 PM
 #429

I am trying to secure them as high as possible, now there is a lot of information hackers have broken into the 20 ercs to get another coin. So I think we should be careful with them.
Chikeokafor888
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July 13, 2018, 07:47:21 AM
 #430

I believe that All tokens are different and before we can say whether we trust them or not, it is necessary to study their characteristics. Any project can be a scam. You should make your research based in the team and all the detailed to be able to determine the project
Carina.P
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July 14, 2018, 11:00:32 AM
 #431

What matters is not the token, but whether the operation company is really working hard to develop the project. So be sure to choose a good team.
Humpert
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July 14, 2018, 11:00:56 AM
 #432

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.
Jumli
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July 15, 2018, 10:55:42 AM
 #433

for the moment I do not think so sure because right now I've seen a very big dump on erc20, maybe yesterday it was a game by big investors in the trade for them to get big and fast profits.
Perumweil
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July 19, 2018, 07:48:21 AM
 #434

A significant number of the Erc20 tokens are disseminated arbitrarily, some are circulated through airdrop, and a considerable lot of them are false records. It is anything but difficult to dump these tokens subsequent to entering the trade, and numerous Erc20 tokens will fall rapidly in the wake of entering the trade, not to contact them.
MiChaeng
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July 19, 2018, 07:54:19 AM
 #435

in my opinion can not be trusted completely. but if its purpose to trade I believe. we have to beautify before joining in because now there are not a few token with deceptive potential
jrivera68846
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July 19, 2018, 08:00:04 AM
 #436

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.
Dolapoemmanuel
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July 19, 2018, 08:25:01 AM
 #437

i trust Erc-20 wallet tokens because they are built on the etherum blockchain, they move relatively with the price of etherum and with time and the market improvement, i thunk the Erc-20 altcoins will gain more ground and their prices will move with the price of ETH

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July 19, 2018, 08:28:37 AM
 #438

Erc 20 token on ethereum network is definitely trustworthy. This type of token have been very usefl to many project and as a matter of fact, Erc 20 is more flexible and useful more than many altcoin. Though, there are some  improvement needed on it  buy and large however, it is still the best!
CryptoVal13
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July 19, 2018, 08:30:27 AM
 #439

You never know how it will turn out for the project..scammers are everywhere unfortunately, what can we do..only analyse the marketing, team, use own experience and intutition.

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July 19, 2018, 08:34:44 AM
 #440

You cannot trust crypto projects brought by some developers. Some developers have all the marketing and advertising strategies to lure you to invest in their project then end up telling stories. Some projects are also trustworthy. You will never be deceived. Choosing a good project to invest is key but somewhat difficult to know. It is always best to look for well trusted brands of ICOs and invest. Some ICOs can be trusted.

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