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Author Topic: Scam projects, what should we do!  (Read 4343 times)
yrrehc16
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October 27, 2018, 04:27:59 PM
 #181

There are so many SCAM ICO this 2018, the worst year ever for ICO investors.
We are hoping that this will be resolve soon, i also met some project who wants to stop scams.
Cryptopolice is an ICO project to detect the scam in the community. but their project now is in trouble. i hope they are not scam too.
South Park
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October 27, 2018, 04:58:43 PM
 #182

I don't think we can get rid out from the scam projects. No security projects can remove scam from the ICOs or bounties. It's all about us. We have to be more conscious before participating in any projects in the crypto field. Scammers are very active to cheat you! So, Everyone needs to read and research as much as possible.
Exactly, this market is about self responsibility, we must assume that every project out is a scam and only change our mind once we have done everything to prove it and we failed, I know this is not the most healthy attitude towards icos but it is an attitude that is going to protect you from losing your money to scammers, something that is incredibly painful once the price of bitcoin goes up.
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October 27, 2018, 10:58:07 PM
 #183

The best way to avoid fraud is to study the project closely. Only knowledge can give some degree of confidence in the project. However, it can never be one hundred percent.
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October 27, 2018, 11:50:22 PM
 #184

for now all we can do is choose carefully, existing projects, choose projects that have products, at least projects that have products that are still in the alpha / beta stage because that is proof that the project has the possibility and worth to continue . besides, the team and partnership can also have a big influence in creating hype when selling

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November 01, 2018, 08:55:08 AM
 #185

For me, ICO has always been not the best way to earn at least because I often faced with skam. I think that's the reason now of cryptography has left a lot of people who have so many here earn
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November 01, 2018, 08:57:53 AM
 #186

If governments are concerned about this, I am sure there will be very little ico accepted in the market. But it will ensure the safety of investors.

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November 02, 2018, 12:56:28 PM
 #187

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.

We should avoid such projects, they only bring us disappointment and loss of money. For me it is uncool and not profitable so I think I will start to do something else and do without such projects

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November 02, 2018, 01:16:51 PM
 #188

We should investigate the project before taking part in it. Just imagine, that 1000 bounty hunters are taking part without knowing anything about a project. It would affect thousands of people, that will lose their funds. Just be more careful and select legit projects.

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November 02, 2018, 01:19:52 PM
 #189

Do not feel there are more scam projects than last year, the difference is, that now their job is not that easy anymore. Bitconnect for example worked quite nicely for about a year, I think a situation like that is very unprobable now.


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BTCreward
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November 02, 2018, 09:43:58 PM
 #190

Of course we can not completely get rid of fraudulent projects, but I think that all of us should more carefully choose the project in which you are going to invest, or just take part in the bounty company of such a project.

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November 03, 2018, 12:50:00 AM
 #191

Hello,
So scam projects have been appeared more recently and often we cannot recognize and separate them from “real” projects.  And 2018 years is actually the most scammers appeared with comparing with previous years. The main reason is cryptocurrency now is a popular thing to talk about and how make easy money.
With this scam projects you need to be careful with investments. Need to be analyze and check all data about the exact project. Starting from white paper, team and active in social products.
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November 03, 2018, 12:57:47 AM
 #192

In my opinion even government is involve in this situation there are still big possibilities that some projects will turned to be scam . Especially if people behind scam projects will be backed up by government  . I am not saying all government but some people who has enough money to pay the government will surely do it to scam people .
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November 03, 2018, 02:29:24 AM
 #193

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
I think to be able to remove or at least reduce the potential of any scam project would be to make some kind of regulation for any new project that opening an ICO. That way the occurrence of any scam project can be minimized.
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November 03, 2018, 02:51:21 AM
 #194

This year we have witnessed many scams projects that we have invest in more than others years.  I think scamming activities is high this year more than others years and I will like to find out the way out of this. Are we going to find solutions for this by developing more security projects? I think we can kick scammers from icos market and if we can not do this governments should come in and help this market.
For me the only way we can eliminate scam projects is make a resolution for the government to implement a total regulation of ICO's. One thing is that ICO's that has shady activity will be banned from entering in forums or some sort of advertisement sites which is quiet hard as some site owners tend to accept payments from these fraudsters as bribe. That is the only thing that come into my mind  that may stop scammers.

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November 03, 2018, 03:01:46 AM
 #195

That's exactly my fear when it comes to cryptocurrency. There are lots of scam projects I've experienced this year. One just needs to study the project very seriously. Their whitepaper isn't something to joke with when it comes to investing in a particular project. One really needs to avoid investing in a project that appears to be too good to be true, which will only make us disappointed at the long run.

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November 03, 2018, 03:07:54 AM
 #196

because see ICO and crypto are getting bigger and are the fields that produce then the scammer appears in this regard. they will assess the results can get a lot of scams they do in crypto. that's certainly the basis of the large number of ICO scam that continued and even many popping up in this years especially.

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November 03, 2018, 03:18:18 AM
 #197

Indeed, lately a lot of scam projects, which we can do must be more observant in choosing a project, learn in detail also the team involved in it, although this is difficult but must be done so that we do not get a scam project so that we don't get results anything
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November 03, 2018, 03:18:58 AM
 #198

Your only way is to tell you to stay away from ICO. No one can be responsible for your investment failure. This is a high-risk gambling game, at least in times of market downturn.

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November 03, 2018, 12:25:32 PM
 #199

Lots of scam projects are a real proof that cryptocurrency are getting the attention that it needs though I pity those people who fall for a scam projects. If Gov't will come in then I think it will be much better for investors cause they will have assurance that the one behind one project will think twice before doing that scam thing cause the Gov't should know who are the real founders of the group.

Its true, many scam project in market makes many peoples have negative thinking about cryptocurrency. But i think if government regulating cryptocurrency market, it will reducing scam project
Cryptocurrency is a decentralized platform and that's why no one has over control on it, even not the government. So we need to find another solution to stop the scams.
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November 03, 2018, 12:46:15 PM
 #200

All we can do is study the project carefully before investing in it. This will not protect 100% but it will be possible to find inconsistencies and reason to think.

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