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Author Topic: Don't be fooled.  (Read 919 times)
max65
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May 06, 2018, 12:11:21 PM
 #61

Yes it's true that theirs a lot of scammers in blockchain.There are some people are genius but they did not used their talent in a bad way.There challenge is to scam and our challenge is precaution.
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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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May 06, 2018, 12:31:00 PM
 #62

Anywhere in this life always have scammers, fakers, ... and lots of more trying to fool you. So the main problem is not how to delete them, it is how to avoid them to fool you.
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May 06, 2018, 12:37:13 PM
 #63

I fully agree with you. Unfortunately this is the case. Now the project can be done by almost anyone, but unfortunately this greatly simplifies the task of creating ICO scams.

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May 06, 2018, 12:42:19 PM
 #64

Before investing in the world of cryptographic currencies, a lot of things must be learned and followed. If you try to invest in the crypto market without doing them, the stock market fools you and takes your money.
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May 06, 2018, 12:43:12 PM
 #65

This trend will end up bad for only those who trade and hodl these useless tokens, those people can sell their tokens any time even by creating a hype but there is nothing can be done for fools  Sad

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May 06, 2018, 04:01:56 PM
 #66

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.


     Thanks for your concern Man, yes that's true and we must be vigilant against scammers,we must be vocal when found a scammer, I think this is the only way to push them out of our way, and  to those who have experienced of scamming, please express and tell your story, just to have information and knowledge about their strategy of scamming.
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May 06, 2018, 09:01:26 PM
 #67

I have experienced fraud several times, I can not understand why many smart people like them cheat and harming others, should be smart people like they are able to earn money the right way, in the history of the world no one can defend its wealth by deceiving other people.
You will keep on experiencing such kind of frauds in the future as well and that you will come across so many people whose only motive will be grabbing your money. You just need to work on improving your knowledge and skillset so that you may a better idea and understanding of the things so that you may not fall victim of any such fraud again in your life. Think well before doing anything or before taking any kind of action.

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May 06, 2018, 09:13:16 PM
 #68

I have experienced fraud several times, I can not understand why many smart people like them cheat and harming others, should be smart people like they are able to earn money the right way, in the history of the world no one can defend its wealth by deceiving other people.
You will keep on experiencing such kind of frauds in the future as well and that you will come across so many people whose only motive will be grabbing your money. You just need to work on improving your knowledge and skillset so that you may a better idea and understanding of the things so that you may not fall victim of any such fraud again in your life. Think well before doing anything or before taking any kind of action.
We cant really avoid the fact that lack of experience and knowledge would really lead into mistakes which is normal but as the days goes by as we gain experience and awareness into investment things then we should do our part where we do search up things first and do select according on what we do observed and on what we do have searched.Frauds would always exist because this is the most easiest way on making thousands or millions of dollars which less effort to make.

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May 06, 2018, 09:13:41 PM
 #69

You are very correct. ICOs are just way to collect money from people with the sole object of growing or starting their businesses at the expense of investors. This is why investors have to be careful when investing in them.

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May 06, 2018, 09:17:47 PM
 #70

I would say these projects are indeed scams,but theres still few good projects that are existing todate we just need to do our own research so that we could easily find out which one of these coins are going to be more massive and which of these coins are going to be worthless,personally i am avoid those ICOs which has redflags.

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May 06, 2018, 09:19:15 PM
 #71

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

It's good that you created this topic, it will be useful for beginners. Because when they see that some projects are growing heavily, they begin to invest in everything in a row. Even in frank scam. Never lose your head

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May 06, 2018, 09:25:58 PM
 #72

The fact that the number of fraudsters in this area will grow very rapidly, I was sure as early as mid-2017. Deceivers simply can not pass by such big money
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May 06, 2018, 09:32:37 PM
 #73

Gone are the day when there is an upcoming ICO it's relatively useful and has real people and intention in the long run.

Today, ICO is now the most hyped investment and also a way to make more money with these people behind those fake, pump and dump projects so I don't join any of them. They are completely different from before, gone are those legit investments and has real prospect road map.

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May 06, 2018, 10:00:34 PM
 #74

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

It is really necessary that we should be careful with all upcoming ICO Projects don't easily fall if they said it's promising. Nowadays, scammers are around and we should research first those upcoming projects if you don't want to fooled.
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May 06, 2018, 10:05:22 PM
 #75

I think it is normal to see scam projects when the market gets bigger. Also people are getting more experienced.
There is a lot of new money being put into all those scams. Even if they make a single dollar they think that they won but in the end their coins will not be having volume sooner or later.
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May 06, 2018, 10:05:39 PM
 #76

A lot of scams. It is really difficult to choose a good ICO project now. I have seen cases where fraudsters have made a copy of the project which has previously been run.

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May 06, 2018, 10:52:34 PM
 #77

Totally agreed most of these projects are scams,which is why we shouldnt be trusting these ICOs,carefully picking ICOs would be the best thing to do,research each factors,find redflags and avoid those projects which has already red flags, so that you wont be wasting your time and effort to these scammy ICOs.

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May 06, 2018, 11:07:36 PM
 #78

Hi, I want to warn you that now on this market has come a lot of bad people, they just beg you for money for nothing, hiding behind the blockchain, but they are not competitive and in most cases are not even going to compete with other companies. Many of the ideas are stolen from other projects.
The result, they have business, and you have illiquid tokens. Your funds have decreased several times.
 But you can not make a claim to the founders of the projects, because they do not hide ) it is an open Scam.

Totally agreed mate,these new projects are obviously doesnt need the blockchain which is why we shouldnt be trusting these coins.Always use different methods so find redflags to these ICOs,so that we can avoid shit projects in the market because im sure 95% of the coins in the coinmarketcap are shitcoins.

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May 06, 2018, 11:15:18 PM
 #79

This is the very reason why wise traders and investors don't hold long term to avoid this type possibilities. They don't want to reach the day of the death of the token in the market, the real road map of scammers.
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May 06, 2018, 11:18:17 PM
 #80

Thorough research , investigation and due diligence can never be over emphasized when it comes to investing in icos. It seems people rush to invest in it at times. Confirm if the team really exist, read where they claimed to have work before, put a call through to the organisation whether they exist, they linkedin profiles e.t.c. and if the project is a replication of an already existing project no need to waste your money.
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