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Author Topic: More and more Scam projects  (Read 26029 times)
BitDane
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January 10, 2019, 05:42:01 PM
 #821

Most of the projects today fail because of the current status of the market but it doesn't mean that all of them are scam projects. These ICO projects lack funds and didn't even reached the soft cap because most of the investors were so afraid to invest in them. But I cannot deny that due to the popularity of cryptocurrency and the great possibility to get rich instantly were the reasons why scammers started to use it for their own good. So we better analyze carefully the projects that we want to invest and support.
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Yarex
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January 10, 2019, 06:21:18 PM
 #822

It is important the cryptocurrency space is regulated so that team will not take advantage of investors and bounty participants, it is frustrating to work for a long period of time without receiving any reward.

For this, it is necessary that the team itself could invest its funds in the development of the project and make at least a sample of the finished product. And only then bring the project to ISO and collect investors' money for the development of the main project.
kr105
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January 10, 2019, 06:44:42 PM
 #823

There are people who use their mind only for doing bad things all the time. So i’m not surprised when i see there are many scam projects in crypto market. Some of them disappears and they don’t give any bounty tokens to the participants. So we should do a good research, the reliality of the team is very important. And the rest is all about luck.
Cloud_miner
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January 10, 2019, 06:49:51 PM
 #824

This is quite a natural result that this year after a long bearish trend the situation regarding the bounty will be completely not as positive as it was a year ago, you need to very carefully select projects before deciding whether to spend the months of your time on this work. Therefore, our responsibility in this regard is now much more than before.
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January 10, 2019, 07:08:11 PM
 #825

A project that is not ready to provide information about the team is definitely a Scam. When you invest your own money in a project you need to understand who you are sending money to. I believe that the ICO team should pass KYC.

I agree at the moment, the open command is one step towards a successful ico , I think it is very important to the team saw everything , and could know where she lives , as many cases of theft of money and so it is possible to present a person

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Starfranko
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January 10, 2019, 07:15:17 PM
 #826

It is pretty difficult knowing which project is for real and the ones that will be scam. I think as more rubbish programs are flooding the bounty ecosystem it becomes increasingly important that investors a d bounty hunters alike should do their due diligence before dropping their money a d energy into any project
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January 10, 2019, 07:19:51 PM
 #827

It is important the cryptocurrency space is regulated so that team will not take advantage of investors and bounty participants, it is frustrating to work for a long period of time without receiving any reward.

It is necessary to establish general rules for conducting ICO new projects. So that the money sent by investors was blocked and until there was confirmation of the project’s readiness, the developers could not take it away.
This mechanism would help get rid of the scam.

cryptolord2077
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January 10, 2019, 07:27:39 PM
 #828

The worst thing is that by the year 2018, many people still come across scam projects and believe them. I think this is the main reason why the number of such projects does not decrease, but grows.
RomertL
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January 10, 2019, 07:28:42 PM
 #829

Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.
Only 1 of 10 projects that I participated in bounty was scam. So if you will do deep research and will not join in doubtful bounty campaigns you will secure youself.


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Emperor of Man
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January 10, 2019, 07:51:01 PM
 #830

I think any sane dev team with a decent idea knows that if they have their ICO in a market like this, they will hardly reach their cap, and even if they do they'll have to face an angry community when it hits the exchanges with less than ICO prices. So it's better for them to wait for the market sentiment to change before they make their move.

That leaves the space open for who? That's right! Scammers and small time projects. Do they care about their bounty participants or pay them? Probably not...  Sad

Things will get better again. Be patient.
cordlesslake
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January 10, 2019, 08:58:59 PM
 #831

Unfortunately now present alot scam project! in 2018 i was participated in one "good" project-scam. its was so sad. 3 months of work and nothing rewards. so need be more careful now, search project with attention and find more information about team. Hope soon will arrive some law which can regular cryptocurrency and maybe in this way will be less scam project.
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January 10, 2019, 09:43:12 PM
 #832

Yes, now it is very difficult to find a quality project. But I hope that the cryptocurrency industry will improve in 2019.

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January 10, 2019, 10:13:55 PM
 #833

You just have to keep doing what you can and learn from the previous ones who seems to be scam and keep on doing enough bounty like I said because you never know which one of them will be the one you have been dreaming of in doing bounty.

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batkaMahno
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January 10, 2019, 10:15:20 PM
 #834

The cryptocurrency industry has changed a lot. But I think that now there are still so many reliable and promising projects. We need to be more picky when choosing a project.

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January 10, 2019, 11:29:29 PM
Last edit: January 12, 2019, 05:29:17 PM by Kang Bahar
 #835

This is the best evidence of the decline of Ethereum.
The abuse of ICO has caused countless scammers to get rich overnight. So the cryptocurrency market in the next 1-2 years will be very bad until the scammers disappear and the cryptocurrency will recover.
Scammers will never disappear. They will always be around us but with other shapes, and look for opportunities to scam us again. We need to be careful in new projects that appear now
Damn, I don't want to say about it. But that is the reality, the acts of fraud in crypto investment project will never disappear! Because, just from stupid ideas by irresponsible parties, it can be called as a project as a way to scammed investors.
bakermaker123
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January 10, 2019, 11:39:25 PM
 #836

Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.
If you are doing bounty,  make sure to check first he legitimacy of project and don't just work.  Work smartly.  It's not convinient to do all the projects in bitcointalk.  Just do the worthy ones.

Live for the moment.
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January 10, 2019, 11:42:49 PM
 #837

A very bad year of falling prices resulted in many projects failing and late payments to bounty hunters. And many coins delay entering the exchange market because it will have an impact on the price of coins collapsing and companies going bankrupt. And I think all of this happened in 2018 and in 2019 we hope everything will be reversed and crypto can recover.

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January 10, 2019, 11:47:44 PM
 #838

There is a wrong notion by so many people that all ICOs are scam, which i will say its not.
If truly they are as bad as we think, then there will not be any project that will succeed or remain for long.
To be sure of the kind of project you are dealing even, before participating in it, try to do your research to be sure it is genuine.
SeVenlast
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January 10, 2019, 11:51:45 PM
 #839

The cryptocurrency industry has changed a lot. But I think that now there are still so many reliable and promising projects. We need to be more picky when choosing a project.

Like choosing straw in a pile of needles that is very difficult to get. This will always continue for some time. starting to doubt about the bounty

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January 11, 2019, 12:51:07 AM
 #840

According to our knowledge, 2018 is a lot of projects or companies that are scam and that is what has happened until now there still seem to be a number of projects ending and it is difficult to start a good project now, so my advice you should be careful to choose or invest in fraud projects.
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