Be aware, so many scam coins are around

[ethereumhunter]

I never heard about that project, and I don't know if many people get lose from the project or not. But yes, it's sad for them, and I think they need to be careful to choose the right project although right now, it's too difficult to find the right project. But I am sure that there will be a good project in out there and they don't want to scam people because they think about the future that they want to reach. It is our job to find the right project and join if we have interest in them.

[KennyR]

Scam coins can be easily found, they won't be having any announcement thread as well other medium to give updates. I've been contacted by several such and most of them inbox with their projects and request for investing on their projects. Few gets into this trap and with what they've earned scammers go away.

[cuo]

this is very important to know about scam project and also scammer, we must be careful and read more info to know good project, there so many scam project today that's make confusing investor, this bad situation will make ICO project wich have good development not reach the target or softcap.

[trash321]

This is true and this is true, a very large number of projects that today actually will never realize their potential, because today there is a sense to really go further and they just collect money from people.

[superstarbtc]

bear market it is very difficult for struggling ico projects in surviving we can expect  positive news from the coins development team then only we should hold those coins

[Anies_Sandi]

absolutely right and my advice if you do not want to choose junk coins or cheat you can choose the top 100 coins, because it certainly will not cheat. so to choose a new coin is very risky than the old coins that are already on the market

[_Sergo]

bear market it is very difficult for struggling ico projects in surviving we can expect  positive news from the coins development team then only we should hold those coins

Of course, it’s not a fact that the market will start growing soon, but now it’s more or less safe to enter, the market has already settled down, and if growth starts at the time of the end, then you can get a good profit from iso.

[djuragan]

Scam project/coins already spread in this crypto world for some moments now, many people already get scammed by those fakes coins/project. Better the investors or even any bounty participants, they already feel the same suffering because of those scams.

[sempak]

With the number of frauds currently, we must be able to be smarter in seeing coins or tokens at this time because there are many who have suffered losses due to incorrect investment.

[escapeX]

I see a new tendency, that people use masternodes to make scam project, and that’s really bad situation for all investors. Now, if you want to invest in masternode, you should learn masternode code.

[baigreen]

No wonder. There are more and more such projects. They are clear to investors. That is why they are issued. And the price does not bother them anymore. They may not even be worth the platform. Anyway, it's terrible.

If now in the market of 2000 coins for this year 2000 projects will be issued that we will receive 4000 coins with working projects of about 100.

[Jack_Sin]

Many ICO that have been listing utilize fake volumes and a higher rate than ICO to cheat many investors on their sales after ICO finishes the price is like the price of garbage

[modmalaney]

Some projects have disappointed many prize hunters and investors who joined. We must be careful before deciding on an ICO project choice. Many fake ICOs use fake data to deceive many people. Better do research and don't give up.

[ajdar.muxin.79]

There are tons of scam projects at the ICO stages and even on the market right now. Be aware of low volume tokens and anonymous team members. One more feature of a scam projects is the lack of a working product.

[jazmuzika217]

There are tons of scam projects at the ICO stages and even on the market right now. Be aware of low volume tokens and anonymous team members. One more feature of a scam projects is the lack of a working product.

Cryptocurrencies are involved money Im not suprising for a tons of scammer in the market everyone just be alert and always think twice before involving in any transaction always check the profile of the person you will encounter regarding in the icos project its hard to pick a legit project just be careful and dont invest too much money in ico.

[kkaroul4]

it is true that choosing a new coin is better to be careful if you do not want to get fraud, because there are many coins that cheat many investors

[andrejka]

Now that most of the people are well aware of scam ICOs, scammer has found another way to scam people. I have observed 3 projects till now which I will list here and give you a highlights how they scam people, specially the newbie.

1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.

2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.

3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalk.org/index.php?topic=5118682.msg50087444#msg50087444

I didn't know about such projects. Thanks for the info, will be very careful with all these scam ICOs and bounty campaigns. I hope that in the future there would be less scam projects because of the regulation of crypto sphere and the appearance of IEOs and STOs. Today we already witness some change in ICO launch standards and this cannot but please us!

[escapeX]

Yesterday's situation with the Biterex exchange and their unfortunate first Launchpad showed to us, that even experienced exchanges do not always carry out a thorough analysis of projects.

[Niam_bakri]

Yesterday's situation with the Biterex exchange and their unfortunate first Launchpad showed to us, that even experienced exchanges do not always carry out a thorough analysis of projects.

I think it's not just a project analysis carried out by a team from a large exchange. they can get away from team analysis. I think the preparations made from the project are already fairly good, it makes us even deceived, even anyone.

[otong]

Some projects have disappointed many prize hunters and investors who joined. We must be careful before deciding on an ICO project choice. Many fake ICOs use fake data to deceive many people. Better do research and don't give up.

I think the increasing crypto is sometimes increasing as well as fraud. because the market today is different from before. Nowadays, there are many people who already know Crypto and sometimes they are certainly looking for ways to be able to make a profit, and they don't think long before establishing a project.