Why Are There Many Projects Like This?

[Cyberczar]

I've been going through some of the latest ICOs and found too much hype but little substance. The worst are those like this and I wonder why there are people in the community doing this...https://cryptoinfowatch.com/the-new-billion-coin-who-wants-to-be-a-billionaire/

[tycsols]

These are just due to greedy people and scammers that want to cash in on the rise of ico trend that is why thorough analysis of each ico is very important before investing into an ico, if you see anything bad simply do not invest and move on.

[Brawnsugar]

Projects like this are meant to scam the gullible and greedy who the scam will be starring at them in the face, but they'll never see it for what it is. I know someone who's heavily vested in TBC and all efforts to convince him it's a scam has proved abortive. In this crypto space, people will continue to get scammed and it's not about to stop

[Luvr1000]

a year ago when I was just starting to work on cryptocurrency, I participated in almost all projects without verification, but today it’s really 90 percent of this mashenniki therefore you need to carefully select projects

[meritbygrace]

I am also asking same question!! please, let the moderators look for a way to stop them from operating in this industry they have done more harm than good.

[taguig]

You might fall from all these sweet words if you are new in this business, these scammers will say everything and anything for you to invest in their coin or plan, but we all know in the past similar sites like this have scam thousands of people so better stay away from this one or you will regret.

[passwordnow]

The new billion coin? that's funny, the first "the billion coin" is a ponzi scam so this is now the new scam?

This is why many are being caught by these scams because their type of market strategy is for greedy people, the get rich quick scheme is the weakness of newbies.

Don't put your money with this scam.

[Samkol26]

People just want to join project without looking well or research well before they invest.  I think I've se3n it times without  number when people get scammed and I've seen it times without number when people are told to do there own findings before they join any  project buy no one listens ..

[royalfestus]

The new billion coin? that's funny, the first "the billion coin" is a ponzi scam so this is now the new scam?

This is why many are being caught by these scams because their type of market strategy is for greedy people, the get rich quick scheme is the weakness of newbies.

Don't put your money with this scam.

The coin is not new and if you read threads very well, It has been well discussed on some occasions. Its a coin from one of the non crypto participating countries that was meant to be dumped in Africa and other ignorant individuals around the world. Those that have dumped it never go back to it, the present holders are the victim looking for where to dump, so dont be the next victim.

[Harriti]

It's just a kind of easy money . Scammer always wanna earn easy money by creating fake ICO projects cause investing in ICO project is a hot trend and there are so many new investors are trying to earn money by investing in ICO projects without having any knowledge or experience and they'll be victims for such ICO projects .

[ambisyon]

I believe that most of the people who happened to experienced scam ICO's learned there lesson and with that particular ICO on the shared link,  I personally think that it is a scam ICO due to it's very hype information.  People that are new to ICO should be aware to this kind of scam and research further  before joining.

[Bitcoin_Arena]

It's because ICO's are an easy way of collecting over $10 Million from unsuspecting victims by just showing them just a mere typed document of 50 pages(white Paper) and a bunch of passport photos of random people but we can reverse this. we should aggressively fight scam and keep exposing all of them. lately people are getting enlightened.



OUR TEAM EXPERIENCE: 30+ years of experience in Cryptocurrency 😂 😂 😂

[poodle63]

I've been going through some of the latest ICOs and found too much hype but little substance. The worst are those like this and I wonder why there are people in the community doing this...https://cryptoinfowatch.com/the-new-billion-coin-who-wants-to-be-a-billionaire/

Because they have been getting a lot of inspiration from the early adopters of ico that has been being a rich person caused they have been buying it when the price was so cheap. I know someone from asia that bought almost 700k ether when it's around $3 for each and this time he was being a rich person dude.

[passwordnow]

The new billion coin? that's funny, the first "the billion coin" is a ponzi scam so this is now the new scam?

This is why many are being caught by these scams because their type of market strategy is for greedy people, the get rich quick scheme is the weakness of newbies.

Don't put your money with this scam.

The coin is not new and if you read threads very well, It has been well discussed on some occasions. Its a coin from one of the non crypto participating countries that was meant to be dumped in Africa and other ignorant individuals around the world. Those that have dumped it never go back to it, the present holders are the victim looking for where to dump, so dont be the next victim.

I don't have to read those threads regarding it.

TBC = the billion coin was the known scam and just by adding "new" to it makes it significant to the well known scam few months ago.

[shark69]

all because of money, they only make scam projects and hope there are many investors who want to put their money there.
After that it will be taken away, and the coins purchased will become garbage. And will keep repeating with the same person. So be careful before investing.

[Andruha1993]

This is done with the aim to fool the gullible people. And I think it will never end. But I hope that soon someone will figure out how to deal with fraudsters.

[aoluain]

Creating a worthwhile ICO is tricky, creating a half arsed one is not so tricky.
Everyone knows that there are some people out there who are willing to accept
any ICO which sounds half decent and put some funds into it, not to back the
project but to take as much as possible themselves. Its has become a very
unpredictable sector in crypto IMO.

[frchowe214]

This is actually a good ico because they aren't trying to hide anything. It's better than a fake coin claiming to have a huge team and will be the new crypto bank of the world

[Thefrolly]

Most projects are like this right now because they know that whatever  it is that they are trying to put out, there is already a coin that is offering it so it is like they are just copying an already existing project. Most of them are just trying to make money though so they are not really putting in much effort into doing what will profit the investors in the long run

[organelles]

I've been going through some of the latest ICOs and found too much hype but little substance. The worst are those like this and I wonder why there are people in the community doing this...https://cryptoinfowatch.com/the-new-billion-coin-who-wants-to-be-a-billionaire/

That is because the people who are putting the coins into the market now are the ones that have no idea what they are actually doing, the majority of the coins that they are making have no kind of substance and they have no kind of input in the market other than making the creators rich in a short time. Basically most of them are just scams anyway