pharaon
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October 08, 2018, 12:33:52 PM |
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I also agree that there should be some body that can determine the projects-fraudsters or not, but for now everything is in our hands and the responsibility for the choice of the project is only ours.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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oceantiger
Jr. Member
Offline
Activity: 308
Merit: 8
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October 08, 2018, 12:40:36 PM |
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I think what should be done is the moderators should get some kind of guarantee from the projects team of their sincerity before listing them in bitcointalk.org. With this concept any bounty we see on the forum is as good as a real project . Also based on experience you can do some research on the project before you can promote them. You can then know whether to go ahead or not.
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imoet
Member
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Activity: 322
Merit: 10
homt.net
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October 08, 2018, 01:00:06 PM |
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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.
I ever been as the victim of scam projects. That happens to me a lot. So, I really get disturb and upset actually. Having regulations and laws that working of all about cryptocurrencies, I think it will help to reduce scam. But before that I think we should more careful in choosing projects.
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andrej.safronov.1990
Jr. Member
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Activity: 126
Merit: 2
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October 08, 2018, 01:11:40 PM |
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Yes, it's a very important question, in my opinion should be the regulation of the market ICO is precisely the country where the project is based. Below was the official legal address and required documents, and that it's not a Scam but a real business.
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★━━━━━━★ Z-POP DREAM ★━━━━━━★ ★━GROW TALENT,CREATE STAR━★ (https://z-popdream.io/)
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sourish
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October 08, 2018, 07:18:53 PM |
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As of now one can only rely on careful and thorough personal research and spreading the word of any suspected or known scam.
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CryptoGuro1
Jr. Member
Offline
Activity: 252
Merit: 1
“The Protocol for the Audience Economy”
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October 08, 2018, 08:43:24 PM |
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I think the only way is for people to do proper research and try their best to identify projects which are crap. 90% of the time you can tell a project will fail just by how badly the whitepaper is written.
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M E D I A 『 https://www.mediaprotocol.org/ 』 P R O T O C O L ──── ICO: Buy MEDIA Tokens
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last7minutes
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October 09, 2018, 05:32:13 AM |
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In my opinion, the measures taken by the bounty hunters themselves and the caution of investors reduce the appearance of scam lately!
I'm afraid there's no possibility to reduce scam now. All we can do is to share our experience with the newbies and explain them how to avoid scammers.
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AlexandrInt
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October 09, 2018, 05:36:40 AM |
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Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
They say that in South Korea they want to legalize Ico, unlike other countries where they are simply banned. Maybe this is the right step to solve such problems, but then the income tax will be introduced, whether investors are ready for this. So you need to solve a lot of questions in order to make a final decision.
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Betwrong
Legendary
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Activity: 3276
Merit: 2151
I stand with Ukraine.
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October 09, 2018, 09:22:28 AM |
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Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
No one can be blamed if we're get scammed by an ICO because the ICO itself is not forcing us to buy. The best thing that we can do to reduce scam is jump deeper to the project before we invested in. Exactly! Sometimes people are talking about ICO like they are forced to participate. But in fact what is forcing them is their greed alone and nothing else. If you are promised to have 10,000% profit in short period of time maybe you should know better than to dive in. It's a tricky thing actually because some ICOs have had even higher profits, but not in a short period of time, that's for sure.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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HSRP
Member
Offline
Activity: 392
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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October 09, 2018, 09:32:05 AM |
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I think the only way is for people to do proper research and try their best to identify projects which are crap. 90% of the time you can tell a project will fail just by how badly the whitepaper is written.
Project analysis is one of the things we really need to do, so we should consider carefully before investing in any project, thus minimizing the risk of investing in the project. cheating, poor quality. This will make us lose capital.
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
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target
Legendary
Offline
Activity: 2240
Merit: 1041
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October 09, 2018, 09:34:39 AM |
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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.
Parts of Asia like Singapore and I think Japan had its regulations already which the team has to register to their SEC. I don't know how it worked for them while other country can't work the same way. It will come later on in a year or so. Its working I guess because it will have lesser scam team too. Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
No one can be blamed if we're get scammed by an ICO because the ICO itself is not forcing us to buy. The best thing that we can do to reduce scam is jump deeper to the project before we invested in. Exactly! Sometimes people are talking about ICO like they are forced to participate. But in fact what is forcing them is their greed alone and nothing else. If you are promised to have 10,000% profit in short period of time maybe you should know better than to dive in. It's a tricky thing actually because some ICOs have had even higher profits, but not in a short period of time, that's for sure. We'll there are just projects that are just promising good profit and somehow we believe because the team is just too good to portrait they are real.
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maldini
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October 09, 2018, 09:52:26 AM |
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I think they take more promises from the projects they enter, if indeed they are responsible for their projects, of course fraud will be greatly reduced. But criminals are not that stupid, even though we make the system as good as anything, they will definitely try to find a gap to deceive the public
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BogdanGFTP
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October 09, 2018, 10:03:49 AM |
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I think educational programs will help us to solve this problem. Cryptocurrency investors should know how to evaluate startups like it do professionals from venture investments business. Another decision is Kickstarter.
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GREENch
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October 09, 2018, 10:06:31 AM |
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In my opinion, the measures taken by the bounty hunters themselves and the caution of investors reduce the appearance of scam lately!
Well here we have to thank the administration of the forum, until a bounty hunter not really studied projects (see good payment and joined the campaign). And after the moderators began to paint trust, bounty hunters began to study the projects more carefully.
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kier010
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October 09, 2018, 10:51:18 AM |
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scammers have many ways to scam and they learn too so it will be hard to stop them. even when countries regulate ICO scammers can change their ip address and replace it with other ip address and they can hide their identity. maybe if there is someone who would create a project which sole purpose is to analyze anything about ICO. then we could ask and confirm if the ICO is a scam or not. for now researching well can avoid scam projects.
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Ramtapsbtc
Member
Offline
Activity: 364
Merit: 10
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October 09, 2018, 10:56:52 AM |
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Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
Unfortunately with this crypto world there are only a little ways how to reduce scam. If we want government to regulate it then it would not be realistic in the sense that government is anti-crypto so the only thing that individual could do is research on his own to the fullest to know whether it is scam or not before investing.
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pinoy.bolanon
Member
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Activity: 350
Merit: 10
"In CryptoEnergy we trust"
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October 09, 2018, 11:09:52 AM |
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Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
I think government regulation should interfere in terms of running an ICO, because this concerns about the investing public and trust of the community, the only problem i see is that this is a universal problem that should tackled by a governing body. The sad truth is still it cannot be controlled by some reasons, for me as an investor or a trader and a bounty trader, we should take a due diligent when dealing with this projects, be more resourceful about the projects, study them, make a research about their project, if this project still a necessity in the existing environment, and take a look on the team involved, in this way we can decide if the best could have a future or not. DYOR is the most important thing.
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Ayomiqueen
Copper Member
Newbie
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Activity: 168
Merit: 0
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October 09, 2018, 12:46:46 PM |
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This is why there is need for regulation , we can't do and survive this scam of a thing if government is not involve in regulation , there should be a body to check all coin real use and also see and have details of the dev for securing reasons to prevent people from being scam and the only way is regulation.
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sherwinsamsung
Jr. Member
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Activity: 201
Merit: 1
GPTCash Weekly Airdrop: https://discord.gg/cujJP4k
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October 09, 2018, 12:51:44 PM |
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Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
there are some projects which plans to build an ICO rating system for all ICOs and will hold funds collected during ICO. this is to give investors peace of mind that their investments will not be run away easily by the project heads after ICO. certain conditions must be met by the project heads before they can be given the funds. also, the ICO rating will give people idea on how certain ICO is legitimate or not.
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▂▆●● SynchrotronCoin.com - Payment solution - Airdrops live NOW!●●▆▂
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cybernetik7
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October 09, 2018, 07:55:39 PM |
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We can't evaluate BTC according to its market value. There will be fluctuations, but degree of these fluctuations will get small by years. Primary critera for me is whether development continues or not. This shows us the future of BTC and it goes in a proper way.
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