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Author Topic: Do you trust ERC20 tokens?  (Read 4698 times)
sinkfish
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August 27, 2018, 11:24:58 AM
 #701

its really hard to make choice. lately ECR20 have quite bad reputation being attack and hack. while some project is rather promising. all down to ETH blockchain improve its security.
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Chesterjems
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August 27, 2018, 11:45:21 AM
 #702

ERC20 is very reliable and I suppose that its tokens are reliable as well, they are very valuable thanks to the project's popularity, I consider that they will get their own place on the cryptocurrency market later, they have a good potential for the future. Maybe there will be created a special project only for them.
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August 27, 2018, 12:05:07 PM
 #703

 I think its okay to trust ERC20 tokens, some have great potential as well its not based on the type of the token but on the project, people are still particpating on Ethereum Token Project as I can see it on ann thread.
123pogi123
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August 27, 2018, 12:12:52 PM
 #704

yes because I'm using it now as well as being used more efficiently and safely using it because of their negligence. for me I can say that it is better to accept any altcoins.

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pogicute1234
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August 27, 2018, 12:13:58 PM
 #705

for me to use the ERC20 better because we know it's a comon to use and it's papular to use
it's safe and easy to use. so do not worry about using the wallet because it's good and lots of users because they know it's safe.
hugasinora
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August 27, 2018, 12:16:19 PM
 #706

if for the trust system I will always believe in ERC20 tokens because the average payment from the bounty campaign uses that token, but there are many who are scam because of the low interest and irresponsible team
reztava
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August 27, 2018, 12:21:06 PM
 #707

no, because altcoin swaps their tokens around 4000 ERC20 long into 1 ERC20 now and this I think is the same as damaging the total supply they make in the roadmap on their website.

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kipozer
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August 27, 2018, 12:23:31 PM
 #708

no, because altcoin swaps their tokens around 4000 ERC20 long into 1 ERC20 now and this I think is the same as damaging the total supply they make in the roadmap on their website.
I would like to remind you of one big truth that is for some reason forgotten, I think that today there is nothing 100% secure because everywhere there is room for hacking, the most important question is how much you have a valuable product that can bring money.
Tamila
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August 27, 2018, 12:25:25 PM
 #709

It's bad when projects depend on another platform. Much better when you have your own network. At any time, the rules for the use of the etherium network may be amended.
25espia1994
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August 27, 2018, 02:35:11 PM
 #710

do not worry about using the ERC20 because this wallet is good and safe to use. as well as the more intangible use of it so do not worry about the beauty of net worth is all kind of token accept it.

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Adunni6758
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August 27, 2018, 05:25:56 PM
 #711

I also had EBTC, but i was also fortunate to sell it early enough. I think very few of these projects keep to their promises. I am into some of these projects and  i believe in their future. If a project is scam, even if you do not know at the beginning, at a particular point you will detect, except you don't do proper follow-up.
atorle
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August 27, 2018, 10:15:46 PM
 #712

There is really not a problem with erc20 tokens, it is supposed to make the creation of smart contracts easier  but Scammers are taking advantage of it,tje focus should be we investigate the projects they present rather than condemn the platform
kalstarzz
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August 28, 2018, 02:59:09 PM
 #713

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?
We cannot consider all Erc20 tokens a scam, just because there are several scam projects, so we need an investigation before assuming it is a scam, at least about their project.
rmapower
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August 28, 2018, 03:00:35 PM
 #714

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. You have to do some research before you buy.
ongahawak
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August 28, 2018, 03:03:00 PM
 #715

Yes I do. Some tokens are tokens of excellent ICO projects that have great prospects for growth and their capitalization at the moment is greater than that of many altcoins.
Anzal RK
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August 29, 2018, 06:06:21 PM
 #716

Trust erc20 tokens Huh

Yes, of course i trust of that.
Erc20 is an Ethereum blockchain and Erc20 is standard of Altcoin right now.
Eth so popular coin and be the center of other coin used it blockchain.
I think Erc20 is still best blockchain to a new coin.
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August 29, 2018, 06:22:09 PM
 #717

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?

Yes,  I trust ERC20 token because I until now  this wallet account and for me it very safe.  I think it depends also the the team developer if have a hidden agenda if they want to make bad motivations. But for me I got no problem about ERC20 token.

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Rainbow009
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August 29, 2018, 06:25:37 PM
 #718

The platform which supports a project doesn't determine the legitimacy of the project.
There has been so many successful projects that have been launched by the Ethereum platform.
Mars13
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August 29, 2018, 06:32:27 PM
 #719

I trust but a lot of new projects will face a lot of difficulties during the development and they can't predict those issues during the project launch so later stage there are chances that these projects may not a success and if that happens investors will lose their money. So instead of keeping all your investments for a very long time, you should try to book some profits and keep some for long-term growth.
ForTheAzerot
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August 29, 2018, 06:35:06 PM
 #720

Now a lot of scammers use ERC20 but still there are really good tokens that appear with help of this protocol.

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