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attech21
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June 14, 2019, 05:18:34 AM
 #401

Reducing scam is possible if we know how to look at scam projects and scam fundraising and we can determine where to invest like Dencoin tokens that can actually give us a good profits in the future if we invest and hold this alts and this project is legit and proven.

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June 14, 2019, 06:44:37 AM
 #402

This issue is a permanent one in this forum. But it's been a great amount of time and is a very effective tool against the scum - it's IEO. About the profitability of this project I do not know anything but I know exactly what IEO at the moment there is no scam.

So far this is the best way to avoid scams. Moreover, each party also benefits from the existence of this IEO. Exchange gets more customers who register in the exchange and it will be better if the exchange has its own coin and the project team will also be easier in terms of marketing and selling their coins.

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June 14, 2019, 06:56:46 AM
 #403

We can't avoid the scammers from the market but we can definitely reduce it from growing, ofcourse by checking the project if its really a legitimate project to invest with. Secondly, you can determine it also on how was the projects goals to be deliver into many investors. If in this this you fail to do, expect that either that project is a fraud. So the answer with this problem to be solve was be good at studying tje project, only trust a projext that is fully grown in the market. A project which is very promising and a project that makes a lot of good possibilities to offer into many investors like the Dencoin tokens.
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June 14, 2019, 07:04:53 AM
 #404

Reducing scam is possible if we know how to look at scam projects and scam fundraising and we can determine where to invest like Dencoin tokens that can actually give us a good profits in the future if we invest and hold this alts and this project is legit and proven.

It's only possible for people who have enough knowledge in crypto or investing in crypto, but for newbie with lack of knowledge, that would be too risky to them. The government regulation is a more effective tool that could reduce the scams in the crypto world, and we need them for the market to grow.

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June 14, 2019, 07:20:39 AM
 #405

We can't avoid the scammers from the market but we can definitely reduce it from growing, ofcourse by checking the project if its really a legitimate project to invest with. Secondly, you can determine it also on how was the projects goals to be deliver into many investors. If in this this you fail to do, expect that either that project is a fraud. So the answer with this problem to be solve was be good at studying tje project, only trust a projext that is fully grown in the market. A project which is very promising and a project that makes a lot of good possibilities to offer into many investors like the Dencoin tokens.

I am agree. Scammers are always everywhere including cryptocurrency market. About ICOs, right now IEOs getting more trend for new project to raise the funds, if not sure to join in ICO better join IEO from big exchangers.

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June 14, 2019, 07:38:37 AM
 #406

The best way to reduce ICO/IEO scam is .... not participating  Grin
right now, with so many scams and failures, the risk of investing on ICO is so great that it is almost nonsense...
Why not choose a project with a product, already on exchange, and that doesn't ask you for money in advance? plenty of those out there

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June 14, 2019, 07:47:21 AM
 #407

Currently to minimize fraudulent projects calling for capital or fake projects created. Many people choose IEO as a safe investment, through IEO, investors know for sure that exchanges have verified the project. The IEO also benefits the development team by attracting more investors than expected.

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June 14, 2019, 07:50:15 AM
 #408

Currently to minimize fraudulent projects calling for capital or fake projects created. Many people choose IEO as a safe investment, through IEO, investors know for sure that exchanges have verified the project. The IEO also benefits the development team by attracting more investors than expected.
The IEO is also not safe for now because there are many exchanges that hold IEOs without researching the project first, many IEO projects fail and many are scam, so we must remain cautious

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June 14, 2019, 07:41:33 PM
 #409

In 2019, I noticed a much smaller number of traders in the crypto market. I think that this figure is 60%.

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June 14, 2019, 08:02:14 PM
 #410

There should be a regulated way of raising fund for new projects instead of one alien just coming out and announcing token sales and at the end failing investors and swindling the fund. Too many hungry teams without vision selling tokens to raise fund for their major personal gain. We need some registered regulated platforms to help in seed funding.
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June 14, 2019, 08:07:16 PM
 #411

In 2019, I noticed a much smaller number of traders in the crypto market. I think that this figure is 60%.

how did you notice this? do you have any relevant research on this, and is the reason that people are hodling crypto, or they stay away from the market?
kanmo
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June 14, 2019, 08:44:40 PM
 #412

I think the only measure to reduce scam is regulation of new blockchain startups. Once they are regulated by authority of each country then investors can sleep with their two eyes closed. Investors will feel safe to invest in any project once regulatory measures are in place.

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June 14, 2019, 09:24:09 PM
 #413

In 2019, I noticed a much smaller number of traders in the crypto market. I think that this figure is 60%.

how did you notice this? do you have any relevant research on this, and is the reason that people are hodling crypto, or they stay away from the market?

all this does not have to do a research because in reality it is indeed crypto like this. for now there are many crypto scams that have happened now. but such a scam project is difficult to overcome. the problem is that until now many people have fallen into the wrong crypto world

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June 14, 2019, 10:16:36 PM
 #414

Scam and insecurity are some of the many issues retarding crypto from going mainstream. I believe in order to reduce scam, one has to be security conscious and also remove greed. Stop patronizing ICOs which promise very high gains even when the team and product are questionable. Do not take part in crypto HYIP and other related scams, in a bit to gain fast money. Be patient, do not use new exchanges which haven't got reputation, do not click strange links promising free coins and so on.
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June 14, 2019, 10:34:58 PM
 #415

It's quite unfortunate that most individuals will take such a wrong step by scamming others. Nevertheless, in my own opinion I think the best way to reduce scam is taking time to study most projects especially the ones that are over hyped.
Also, these scams were rampant during the era of ICOs, but have now been reduced as investors are now focused on IEOs. Also, I think IEOs should be properly managed so as to ensure the bad eggs don't get involved.

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June 14, 2019, 10:45:33 PM
 #416

Today in ICO there are already less scammers. Most likely due to the fact that such projects are no longer able to raise large amounts of money - few investors participate in the ICO.
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June 14, 2019, 10:49:02 PM
 #417

Reducing scam is possible if we know how to look at scam projects and scam fundraising and we can determine where to invest like Dencoin tokens that can actually give us a good profits in the future if we invest and hold this alts and this project is legit and proven.

It's only possible for people who have enough knowledge in crypto or investing in crypto, but for newbie with lack of knowledge, that would be too risky to them. The government regulation is a more effective tool that could reduce the scams in the crypto world, and we need them for the market to grow.
The regulation will only reduce the count of projects and scammers will always find ways for attracting new victims. So I doubt that the governments have the ability to fight with the scam. Only knowledge and education can solve this problem.
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June 14, 2019, 10:49:50 PM
 #418

The truth be say nothing really can done about this for now until regulation becomes adopted. What can be done for now is individual intelligence in choosing a project to work on as a bounty hunter or a project to invest in as an investor. Its no big deal, but it requires hard work, effort and thorough research in selecting the right project for your field.

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June 14, 2019, 11:47:43 PM
 #419

The truth be say nothing really can done about this for now until regulation becomes adopted. What can be done for now is individual intelligence in choosing a project to work on as a bounty hunter or a project to invest in as an investor. Its no big deal, but it requires hard work, effort and thorough research in selecting the right project for your field.

this is a big problem if there are many people who get a scam, the current skills for researching on each project are indeed very important and very necessary so that they are not always exposed to scams. any regulations that are applied at least have disadvantages that can be used by scammers

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June 15, 2019, 12:05:41 AM
 #420

I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.
Can you provide us some link about this article? I think we need to monitor its development since we are hoping that everything will change after the regulation. I feel that this is a high time to really regulate bounties so everyone will be protected and everyone will know what to do. I know that regulation means less income but it is better than no income at all because of the scammers.
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