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Author Topic: Current situation, how investors/traders are enriching these three.  (Read 409 times)
giarised
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March 10, 2019, 04:21:54 PM
 #21

Well, the purpose of any business is to make profit just that they are being too greedy in their dealings. If we are to take these 3 people mentioned out of the crypto currency business, then there will be no crypto currency world again, sometimes we just have to play smart too as an investor irrespective of all these their activities mentioned by you not to really dupe people but to over make profit.

Things like these do happen in business, if you are to open a business and need to sell shares, would you not overhype our business for investors to come in? This is the same method they are using.
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March 10, 2019, 06:58:44 PM
 #22

I do not think that scammers have a strong negative impact on investors. Investors have learned to research projects and learn how to choose promising ones. So I think that Scam soon does not remain. Investors become are smarter.
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March 10, 2019, 07:49:13 PM
 #23

It seems to me that the ICO will be able to rehabilitate. Let now the situation quite adverse, but this can be solve somehow the way, I believe. If this problem is solved, the ICO will get another chance.

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March 10, 2019, 08:54:59 PM
 #24

Well, the purpose of any business is to make profit just that they are being too greedy in their dealings. If we are to take these 3 people mentioned out of the crypto currency business, then there will be no crypto currency world again, sometimes we just have to play smart too as an investor irrespective of all these their activities mentioned by you not to really dupe people but to over make profit.

Things like these do happen in business, if you are to open a business and need to sell shares, would you not overhype our business for investors to come in? This is the same method they are using.
Can you really call an ICO that has no working product but promises you worthless tokens in exchange for your worthy BTC/ETH/USD a business?
No, I doubt you would call it so.
It is a scam!

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March 10, 2019, 09:08:12 PM
 #25

I do not think that scammers have a strong negative impact on investors. Investors have learned to research projects and learn how to choose promising ones. So I think that Scam soon does not remain. Investors become are smarter.
The smarter investors get, the smarter the scammers get as well, they have devised numerous ways to brighten up their project, making it look legit and attractive to deceive investors into investing in it. And definitely it's working as so many are still losing money through scam projects everyday, despite the numerous research made prior
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March 10, 2019, 10:08:45 PM
 #26

It won't change. First it was fake mining companies that were making money then fake cloud mining followed by ICOs. Now there's gonna be another era of STOs and in the sidelines there are always fake exchanges and thieves waiting to get your personal data. There are also fake casinos and other smaller fish.
As long as there's greed they will profit and you have to learn or get burned. There's no other way.
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March 11, 2019, 11:18:14 PM
 #27

Investors have learned to research projects and learn how to choose promising ones. So I think that Scam soon does not remain. Investors become are smarter.
I won't say this if I were you because we can't all have the same knowledge and I have seen members of this forum which got scammed not to talk crypto investors which enter the market because of the benefit involved.



I do not think that scammers have a strong negative impact on investors.
Scamming issues does have negative impact on the market and investors because crypto scamming was one of the reason why some government in the South America banned Bitcoin during the last ATH

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March 17, 2019, 07:58:29 PM
 #28

It won't change. First it was fake mining companies that were making money then fake cloud mining followed by ICOs. Now there's gonna be another era of STOs and in the sidelines there are always fake exchanges and thieves waiting to get your personal data. There are also fake casinos and other smaller fish.
As long as there's greed they will profit and you have to learn or get burned. There's no other way.
Agree with you, the cycle keeps going on and on. Don't forget ponzi schemes and HYIPs.
Right now there is some much hype around decentralized gambling games and casinos and exchanges that do wash trading to fake volumes to attract traders and coin owners

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March 17, 2019, 08:26:27 PM
 #29

It won't change. First it was fake mining companies that were making money then fake cloud mining followed by ICOs. Now there's gonna be another era of STOs and in the sidelines there are always fake exchanges and thieves waiting to get your personal data. There are also fake casinos and other smaller fish.
As long as there's greed they will profit and you have to learn or get burned. There's no other way.
Agree with you, the cycle keeps going on and on. Don't forget ponzi schemes and HYIPs.
Right now there is some much hype around decentralized gambling games and casinos and exchanges that do wash trading to fake volumes to attract traders and coin owners
Illegal movements or shady stuffs do really happen anytime behind even on the most reputable services/platforms out there and the cycle would really continue no matter what
and i agree to the thing that as long there's greed and the people who are being fooled continue to feed up those people will really continue the entire cycle.
This had exist since the beginning of time and to avoid this is just to be smart on what you are doing as an investor.

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Bitcoin_Arena (OP)
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March 17, 2019, 08:44:53 PM
 #30

I agree to the thing that as long there's greed and the people who are being fooled continue to feed up those people will really continue the entire cycle.
This had exist since the beginning of time and to avoid this is just to be smart on what you are doing as an investor.

Yep for example I used think the idea of Ponzi schemes was just born in this generation of the internet but i was shocked that the idea stretch as early as the 1800's or even earlier for all we know.

Quote
The scheme is named after Charles Ponzi who became notorious for using the technique in the 1920s.

The idea had already been carried out by Sarah Howe in Boston in the 1880s through the "Ladies Deposit". Howe offered a solely female clientele an eight-percent monthly interest rate, and then stole the money that the women had invested. She was eventually discovered and served three years in prison. The Ponzi scheme was also previously described in novels; Charles Dickens' 1844 novel Martin Chuzzlewit and his 1857 novel Little Dorrit both feature such a scheme
.

Source: https://en.wikipedia.org/wiki/Ponzi_scheme

This is just one example of scam that was carried out those years

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March 17, 2019, 11:41:35 PM
 #31

The only thing that helps us is the experience, and sound judgment. The more experience, the more money you can earn. If you also know how to properly apply their knowledge, then you have a certain will succeed.
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April 11, 2019, 01:34:40 AM
 #32

yeah some exchanges can manipulate trading volumes at any time, I think $ 1M is enough to make fake volumes haha ​​lol, this ecosystem is common in the world of cryptocurrency because it is seen that very hot competition makes people greedy to be superior to their opponents, and do what just to be able to win, exchanges and investors can work well if the two parties are balanced.
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April 12, 2023, 12:16:26 AM
 #33

would appreciate 2023 version

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April 21, 2023, 11:19:08 PM
 #34

would appreciate 2023 version
Replace ICOs with DeFi's, NFTs, or what shitcoins we have had this time round, and you will have the same narrative

Each bull run, it's always the same scenario. Just different token names.

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April 29, 2023, 01:09:37 PM
 #35

I totally see how investors are being taken advantage of in the cryptocurrency world. It seems like everyone is trying to make a profit off of them, from the ICOs and project teams hyping up their projects to the coin ranking websites and crypto exchanges charging fees to get listed.

I think, it's important that investors do their own research and don't rely solely on these ranking websites and hype to guide their investments. They should look at the fundamentals of the project and the team behind it, as well as the potential for real-world adoption. By doing their own due diligence, investors can make more informed decisions and hopefully avoid getting ripped off.

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May 01, 2023, 02:10:49 PM
 #36

I see what you mean. The crypto market is already heavily dependent on exchanges, so we can use them as an opportunity to grow and give good service for customers. The problem with exchanges is that they are not profitable enough to survive without them. The exchange platform has an enormous risk. So, I don't see any reason to worry about them.
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May 02, 2023, 04:08:01 PM
 #37

For ICO and Cryptocurrencies there is always the risk and the result is always the return. 
 
Traders are always earning in the future and in the future it will always look as if they can buy a coin for a higher price than what the ICO prices are currently. 
 
 
Investors is becoming more dominant in the industry, the fact that they are getting more interest in the market and not being paid, it's like the competition is changing the trend to new highs where the winner is the best at the moment.
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