When Do you realize a Crypto project is scam or Fraud?

[waichi]

Waiting for years for that project to fulfill its promise is not advisable because that is too long. You can detect right away a project if it is a scam when you have waited for a few months then they haven't delivered what they have promised. That sounds fishy already. Most of them are gone and cannot be contacted anymore via telegram or anything.

[key4co.in]

When the team stops giving updates for very long, then there is problem with the project. Also, when they keep promising listing for quite a very very long time without listing, then there is problem. Also, when a project start removing anyone who asks questions in their group regarding development, there is something going wrong. Then finally when all buy others clear off and leaving very huge sell orders, probably the team members are selling off. All these are red alerts.

[retnoanjani]

Fake projects can be determined even at the beginning of your viewing, no need to wait for months. Try analyzing the team through the social media they have. Fake accounts are very easy to detect through their activities, whether new or old accounts. You can also check their website through who.is to identify their truth. Hopefully, the article How to Identify Cryptocurrency Scams can help

[hahahafr]

There are some few tricks that you can see when crypto projects especially the recent numerous ICOs that were launched especially in 2017. Most of them have died  and some of the few things that you see is when their telegram community becomes dormant and also the team fails to update their community with any more information. Actually all their social channels also become dormant too and you don't see any further progress with the development of the project.

[Youghoor]

In order to identify whether a crypto project is a scam or not, you need to first check the team members and the road map of the project. Scam projects do not have realistic road map. Their road map do not show pattern in relation to the possible outline of the project and specific targets needed to be achieved within a specific time range.

[iTradeChips]

Luckily the only experience I had with that one is through those airdrop campaigns where in they give you some amount of coins and then you will somewhat wait for that coin to increase in value. That actually happened and the coin did increased in value and I sold those coins but in a matter of hours the coin suddenly dropped value and many people who invested in the coin were scammed because the owner of the campaign suddenly became unreachable. Sad.

[tanjiran]

For me, the bounty project was very full of surprises. Some of them initially looked professional and promising, but apparently did not provide rewards according to the initial agreement. There are also those who look ordinary but some time later there is a drastic increase. And that's unpredictable when it's time. So now I prefer a bounty that has a working product and is ready on the exchange.

[AlaEhBTC]

After the campaign all the manager and the team will vanished and with no rewards to give. That is the time that I realize that a project is a scam or fraud.

[Deallove9]

Crypto market is a great technology which has come to put an end to poverty and centralized system that we used to know , but many has turn it to scam and avenue to get rich on time but it think they will soon learn their lesson as major newbies will know what and how to hand their program when ever they wish to invest except those that were taught in a wrong way

[cichaescut]

I realise such things on two factors. First of all, if you read the whitepaper, and it contains less than 20 pages, I have seen projects that wanted to collect 50 million with 5 pages written in the whitepaper including the roadmap. Secondly, the team behaviour before the launch, if buyback takes place, more marketing campaigns, trading competitions and so on.

[safem]

The way to discover whether a crypto project is a scam or fraud varies. In my own observation, most of the times that I have discovered that a crypto project was a scam is when I noticed that their functions and activities in social media have stopped. The project team will stop posting any of their project activities and operations. In most cases, their telegram and twitter handle become inactive. The twitter account of the project can suddenly disappear. In another instance, I noticed that a project I participated in sometimes ago was a scam when they were given me stakes in their signature campaign without me making any post for them. Others might not even give stakes after participating in their campaigns. Hence, one can deduce they are scams. 

[ali115112]

First of all, you should research all the social links and whitepaper of the company after that if you feel the team is not serious to launch in exchanges or launching in unknown exchanges that is the point to scam with investors.

[btcmegastar]

I have discovered one thing from the companies based on the progress about the listing and their developments. If they keep dragging the things like developments, listing, AMA sessions etc. These things we need to get accurate updates from the team otherwise, we should consider it as a scam.

[Xalata]

When I see that the team members are not responding to messages in the group and people are posting messages in the group without being banned. Then there is no doubt the project is a scam project.

[Marnihughes82]

When they did not follow the plan they had originally planned, they only promised and promised. They tried to give the coin, but no one knew and then let the community decide its value

[icekohl]

At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?

You only need to observe their community. If there is no interaction between members, technical updates, roadmap update regularly, or they just update their bonus or token sale, it is certainly a suspicious project.

[key4co.in]

If you discover many loopholes with a project and still decide to wait for years hoping for the best, then apparently you are not a wise investor.  Once the team do not follow roadmap at all, stop any form of project  development updates, give deaf ears to the community, stop being active for long as can be seen from their social media handles or telegram group, set very huge sell orders at very low prices or even clear all buy orders, then it's a red flag.  What I normally do when I stop all these is dump and move on. 

[terencio]

I do realize when they becoming inactive in their medium of communications and no response from your queries. No update about the roadmap that they promised to their investors.

[aioc]

At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?

It is a fraud right away if they are faking their platform, their whitepaper and the composition of their team, some of the scam ICO that are caught are faking their team by doing photoshopped of other people and announcing that they are part of the team, when they are not, another thing is when they copy their whitepaper from an existing project.

[ra_pl]

Sometimes you can tell from the middle of listing. Volume,  traders and investors loosing interest. Sometimes it seems very perfect to the end, i guess you just find to do a thoroughly research.