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Author Topic: Reducing scam  (Read 17827 times)
Furious 7
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May 01, 2019, 10:38:13 PM
 #341

This forum provides complete information about ICO. even ICO scams can be detected from the beginning of the ICO published in this forum. I really appreciate everyone involved in reducing scammers and fraudsters. they provide information for free.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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May 01, 2019, 11:08:30 PM
 #342

Global regulations would be preferable on ICOs to reduce scam projects.
Advisers can not be responsible for scam projects as they do not  control the team, they are just advising them.

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May 01, 2019, 11:14:07 PM
 #343

It is not so easy to reduce scam. With a growing amount of IEOs people stop analyzing projects and sometimes even metrics, so they just invest blindly. Even exchanges don't provide due diligence

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May 01, 2019, 11:18:07 PM
 #344

I've seen so many famous people who advertise money in this crypto. Even they did scam. I think you should get some luck. Even if it was a real project, the ICO might not be able to catch the price. While investing, I think we should examine the project in detail. Currently, some stock exchanges are doing ICO. But even this is not a solution. It's supposed to be a control mechanism.
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May 01, 2019, 11:24:46 PM
 #345

A lot of investors have fall victim of these scam project and that is the more reason why adequate and sufficient information should be extracted to make the best investment decision. And why majority of investors are scammed is majorly because they easily fall for cheap and attractive project without prospects.
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May 01, 2019, 11:31:07 PM
 #346

it is not easy to reduce scams, most ICO projects have the potential to scam, perhaps with regulations that guarantee the security of investors from fraud can reduce scams, but to realize this is not easy because there are pros and cons, to reduce scams now better analysis and selectivity in choosing ICO

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May 02, 2019, 12:18:27 AM
 #347

it is not easy to reduce scams, most ICO projects have the potential to scam, perhaps with regulations that guarantee the security of investors from fraud can reduce scams, but to realize this is not easy because there are pros and cons, to reduce scams now better analysis and selectivity in choosing ICO

I do think regulation can reducing scam ICOs. Without regulation, government can not punish scam developers team and with regulation, ICOs investor more protected. Bitcoin could be decentralized and can not regulated but the market should be regulated to avoid from scam
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May 02, 2019, 04:14:01 AM
 #348

it is not easy to reduce scams, most ICO projects have the potential to scam, perhaps with regulations that guarantee the security of investors from fraud can reduce scams, but to realize this is not easy because there are pros and cons, to reduce scams now better analysis and selectivity in choosing ICO

I do think regulation can reducing scam ICOs. Without regulation, government can not punish scam developers team and with regulation, ICOs investor more protected. Bitcoin could be decentralized and can not regulated but the market should be regulated to avoid from scam
We are all hoping for that regulation to intervene in the space, we've seen the effect of no regulated space, lots of spammers here and it affect the reputation of the entire crypto market. This is not good and it will be a big hindrance to attract investors, we need regulation to grow and prosper.

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May 02, 2019, 04:31:58 AM
 #349

it is not easy to reduce scams, most ICO projects have the potential to scam, perhaps with regulations that guarantee the security of investors from fraud can reduce scams, but to realize this is not easy because there are pros and cons, to reduce scams now better analysis and selectivity in choosing ICO

I do think regulation can reducing scam ICOs. Without regulation, government can not punish scam developers team and with regulation, ICOs investor more protected. Bitcoin could be decentralized and can not regulated but the market should be regulated to avoid from scam

Agree that now is the time to make strict regulations, if there is no regulation, crypto will last a maximum of 5 years from now, cases of scam, hacking and so on are time to stop.

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May 02, 2019, 05:08:53 AM
 #350

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.
Cryptocurrency does not imply interference in the basics of its functioning, however, the determination of its official status in society, the determination of the order and conditions of its circulation in the state, is quite acceptable and necessary. The state should thus legalize cryptocurrency so that it can further develop in society and be used more as a means of payment.
We can overcome fraud in ICO projects only by regulating this type of activity.
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May 02, 2019, 07:33:56 AM
 #351

We are not unable to reduce fraud in the ICO and leave it decentralized. You just need to take all the risks when you are invested in an ICO.

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May 02, 2019, 09:00:04 AM
 #352

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.
Thats why we must do a precautionary measures before we consider to enter or invest in crypto-currency bandwagon specially ICO's since we dont know if those people who implemented the iCO are honest or truthful about the project they want to build using the peoples money. just select from reliable one with a transparent background to minimized the risk of being scam.
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May 02, 2019, 09:18:31 AM
 #353

Only if there could be laws and regulations in the entire crypto space to check the veracity of the project developers and provide some level of security to investors, but I do not see that coming very soon. Cryptocurrency has already been made to provide some level of anonymity to holders and to a greater extent being decentralized, it may be difficult to checkmate this. However, until such is possible, one have to be very careful and do all the necessary researches and due diligence before getting in.

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May 02, 2019, 09:21:33 AM
 #354

Only if there could be laws and regulations in the entire crypto space to check the veracity of the project developers and provide some level of security to investors, but I do not see that coming very soon. Cryptocurrency has already been made to provide some level of anonymity to holders and to a greater extent being decentralized, it may be difficult to checkmate this. However, until such is possible, one have to be very careful and do all the necessary researches and due diligence before getting in.
In the near future, the crypto industry is waiting for a lot of changes associated with the control of crypto projects and crypto users. it Susano with the advent of the industry of capital from Wall Street.
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May 02, 2019, 09:36:13 AM
 #355

I can say to reduce scams in the forum especially ico and the bounty is new but the scams should be done by moderators will first check the new ico project and bounty or just first fill up the form the pointer share their project or bounty on top ranks in the forum before their project is postponed or posted to the forum to determine whether the new projects are legit or not on the forum is that many scammers and even bounty hunters are It's a scam project because they do not know the ico and bounty look if legit or scam so it's a great help to research new projects first to avoid scams.

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May 02, 2019, 10:07:57 AM
 #356

We cannot control on scamming it's reason is lack of knowledge. So we should be getting much more knowledge about  any project & controls disclose our secret to reduce scamming. I think it's mistake ourselves.
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May 02, 2019, 10:21:35 AM
 #357

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.


we still cannot overcome this problem.
and as long as this business is profitable as long as the scammer is always there
this is a fact
and I think we will really need a true regulation that can prevent scammers acting up. some countries that legalize crypto must participate in this matter

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May 02, 2019, 10:29:16 AM
 #358

With many scam of ICO project you have left and try for investing your money in altcoin have listed with many greatest exchange market, why not invest your money in ethereum or bitcoin cash?
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May 02, 2019, 10:58:16 AM
 #359

Indeed there is no compulsion for us to invest in the ICO project. But the ICO project certainly requires investors and with funds collected to develop the company. Especially if the project can succeed it will also provide benefits to investors. But with a lot of fraud going on and a lot of investor money gone. This also affected many failed ICO projects. So if we still want to invest, of course, we must be careful in determining the ICO project.

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May 02, 2019, 11:01:49 AM
 #360

In my opinion the easiest thing to reduce scam is to immediately make and implement regulations, without regulation then everyone is free to make projects and free money that is prone to being used to scam.
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