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riskarcher
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August 31, 2018, 02:55:52 PM |
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first I believed ERC20 but now it only becomes a worthless token and many monotonous platforms and become regular tokens to accommodate each ICO to reach the target but in reality many people become less interested if the company developed uses the same type of token
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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bankarpit
Newbie
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Activity: 84
Merit: 0
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August 31, 2018, 02:57:01 PM |
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Just because a token or coin is ERC20 based, it doesn't make it a trustworthy coin.
In the end you have to do your own research whether or not the project is solving any issue, what there team is capable of doing. How they are handling the customer/investor queries in there social platforms. How much hype that project is creating and other things.
After that only you can say if a project is trustworthy or not, regardless of it is an ERC20 coin or not.
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jony35490
Jr. Member
Offline
Activity: 422
Merit: 9
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August 31, 2018, 02:57:53 PM |
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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?
Yeah I trust erc20 token. Cause there have lot of good projects they are erc20 token. But there also have so many bad projects they will scam in future. |
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gwaposakon
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August 31, 2018, 03:03:29 PM |
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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?
With all the scam projects occuring here and there, erc20 security has become an issue. But i still do trust them. I just research carefully the project and token I wish to invest into so I could avoid investing in a scam project. |
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Gaurav11kb
Newbie
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Activity: 140
Merit: 0
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August 31, 2018, 03:04:18 PM |
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erc20 is a blockchain type. It has nothing to do with the project with being or genuine. You can find scam projects on any blockchain be it ERC20, NEP-5 or any other. Most tokens are ERC 20 type. Some are scams but mostly all others are good. So there is nothing to worry about if someone trusts ERC20 tokens. I do.
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steveabrahams
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August 31, 2018, 03:05:15 PM |
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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?
Of course i trust ERC20 tokens but not blindly trust all ERC20 tokens. Fyi, you can make your own ERC20 tokens and it's easy to make a new ERC20 token. Not all ERC20 tokens are scam, there are also many good ERC20 tokens. It's also depends on the project, if the project is good and promising the token is also become more worthy. |
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MasterICO
Newbie
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Activity: 78
Merit: 0
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August 31, 2018, 03:07:42 PM |
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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?
As we know scammers are everywhere but its very unfortunate that many was victimized the so called ebitcoin scheme but there is still hope as you mention platform like credits is not a scam and its very promising soon to be one of the succefull erc20 token base platform. |
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faizzeybutt786
Newbie
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Activity: 93
Merit: 0
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August 31, 2018, 03:08:06 PM |
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Yes I trust ERC20 tokens.ERC20 is a blockchain type machine. But one thing is there are more than 100k ERC20 tokens and most of them are not good, but some good projects here.
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KarinaMix
Jr. Member
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Activity: 238
Merit: 1
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August 31, 2018, 06:44:59 PM |
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whether you are talking about scammers then it does not matter and scammers can use ERC 20 tokens. I suppose I use only them, and there were no complaints on my part.
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bitcoinmar
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August 31, 2018, 07:55:51 PM |
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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?
Of course i trust ERC20 tokens but not blindly trust all ERC20 tokens. Fyi, you can make your own ERC20 tokens and it's easy to make a new ERC20 token. Not all ERC20 tokens are scam, there are also many good ERC20 tokens. It's also depends on the project, if the project is good and promising the token is also become more worthy. I agree with your opinion, the fraud does not depend on the platform that the ICO uses, it depends on the project. I understand that many fraudulent projects using ERC20 to create tokens create the suspicion that all ERC20 tokens are inverted. |
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ponni92
Newbie
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Activity: 154
Merit: 0
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August 31, 2018, 07:58:00 PM |
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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
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Whisper555
Jr. Member
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Activity: 168
Merit: 1
W12 – Blockchain protocol
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August 31, 2018, 08:05:18 PM |
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Just the standard of ERTS-20 is the most popular among ICO developers. And then the standard of the coin / token can not affect the integrity of the team in any way)) If the project was originally conceived to take your money, it will do it.
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W12.io ▬▬▬▬▬▬ Blockchain protocol
Built F O R : ❤ Charity Market ⚫ ICO ֆ CROWDFUNDING
[https://tokensale.w12.io/] |
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Lareina
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September 01, 2018, 08:01:10 AM |
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The most important thing about project token is that their team can achieve very good technological development. Only in this way will the price of the token rise.
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ljp7839008
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September 01, 2018, 08:35:02 AM |
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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 think the erc20 markers had nothing to do with it. Any project can be a fraud! It is necessary to study carefully the projects! In order to invest you need to learn to perform the project, to understand the Scam or a really work product! So ERC20 has nothing to do with it! |
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SGToken
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September 01, 2018, 08:41:37 AM |
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I trust, Ethereum blockchain is best platform for developing DApp, many good project with ERC20 token born on Ethereum blockchain, Vertex Market is one of them. Vertex is a decentralized token market and it is also the first ICO aftermarket. You can make OTC trading ICO token on Vertex market before they get listed on exchanges.
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Alohadance
Member
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Activity: 378
Merit: 10
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September 01, 2018, 09:01:39 AM |
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Yes, because this blockchain in safe and fast. Also a lot of ICO have good products based on Ethereum
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nokat
Member
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Activity: 196
Merit: 10
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September 01, 2018, 09:04:33 AM |
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I do have much trust and affirmative for ERC20 tokens. I am into ethereum and I invest much in this coin so getting ERC20 token makes my transaction very easy.
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isen
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September 01, 2018, 09:14:28 AM |
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If this could not be trusted or there were serious vulnerabilities, I think the community would have already noticed or found them.
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Guli
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September 02, 2018, 08:07:43 PM |
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ERC-20 is superb and cool for users. Some projects scam others not because they are ERC20 tokens but because of their own selfishness and heartless.
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cryptowolfsu
Member
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Activity: 476
Merit: 10
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September 02, 2018, 11:07:16 PM |
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ERC-20 tokens has nothing to do with scam projects. In your example EBTC was a community ERC-20 token from the
start and it was abandoned from the creator from the first week and later on 2 other teams take over the development.
So being a scam or not does not depend if it is a an ERC 20 or not, rather from the development Team .
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