Cheaters . who caused the cryptocurrency to go down

[panganib999]

What do you think about the project that spent a lot of money to advertise but was taken advantage of by cheater, I saw a person who created a lot of accounts to cheat and eat over 5000 $, there are really a lot of very good projects. but it is these fraudsters that cause those projects to die. I think there needs to be a company specializing in combating fraudsters. Cryptocurrency can grow

We are all being affected by the movement of the market cap, volatility and bitcoin price, and  each and everyone of us affects the market cap, volatility and bitcoin price that's why we need to be cautious and take everything inside the crypto space into consideration.
      That's why it isn't surprising that this inconsiderate and selfish act will pull the crypto world specifically the bitcoin's price down. We can do something about it by not buying their schemes and being careful and avoiding patronizing scam company's project.

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[ivakar]

wait, it is not going to work this way because what you are suggesting is , basically, a censorship
crypto designed to be decentralized and to be free from censorship and control, yes, there is place for fraud, yes, but all you have to do to avoid it - is to study new project well, who stay behind it and do not invest to shady projects. that is not hard to do, it is just takes time

[xiboothrezi]

After reading some of the members' responses related to the OP discussion, it turns out that what the cheaters meant here was for bounty hunters.

I think there needs to be a company specializing in combating fraudsters.

To overcome this, multi-account, cheaters who are trying to monopolize the bounty campaign, there are already a number of bounty managers and other members who are very concerned and create a red list for related accounts and cheating.
Instead of busy blaming each other for making this bad, it's better to focus on each other's progress. Focus on running the bounty to the maximum, according to the rules, and not being greedy.

[Kupid002]

After reading some of the members' responses related to the OP discussion, it turns out that what the cheaters meant here was for bounty hunters.

I think there needs to be a company specializing in combating fraudsters.

To overcome this, multi-account, cheaters who are trying to monopolize the bounty campaign, there are already a number of bounty managers and other members who are very concerned and create a red list for related accounts and cheating.
Instead of busy blaming each other for making this bad, it's better to focus on each other's progress. Focus on running the bounty to the maximum, according to the rules, and not being greedy.

I dont think cheaters will be a problem . There is no guaranteed payment for bounties so why people will multiply his task for uncertain payment.
a chance to join a fraud is high if you will do continue doing it there is also a chance your effort  promoting a project will also be wasted.

[ReiMomo]

After reading some of the members' responses related to the OP discussion, it turns out that what the cheaters meant here was for bounty hunters.

I think there needs to be a company specializing in combating fraudsters.

To overcome this, multi-account, cheaters who are trying to monopolize the bounty campaign, there are already a number of bounty managers and other members who are very concerned and create a red list for related accounts and cheating.
Instead of busy blaming each other for making this bad, it's better to focus on each other's progress. Focus on running the bounty to the maximum, according to the rules, and not being greedy.

Absolutely. There are many frauds in the cryptocurrency world. Especially those bounty hunters. There are many users who use multiple accounts in order for them to be able to earn. So I would say that it is cheating and it might fraudsters as well the reason why bitcoin still doesn't know due to multiples accounts being used by the same person. That's probably the reason the project has a low count of investors. But if ever, that has a small effect not the overall outcome and it depends who is managing.

[gabbie2010]

After reading some of the members' responses related to the OP discussion, it turns out that what the cheaters meant here was for bounty hunters.

I think there needs to be a company specializing in combating fraudsters.

To overcome this, multi-account, cheaters who are trying to monopolize the bounty campaign, there are already a number of bounty managers and other members who are very concerned and create a red list for related accounts and cheating.
Instead of busy blaming each other for making this bad, it's better to focus on each other's progress. Focus on running the bounty to the maximum, according to the rules, and not being greedy.

Absolutely. There are many frauds in the cryptocurrency world. Especially those bounty hunters. There are many users who use multiple accounts in order for them to be able to earn. So I would say that it is cheating and it might fraudsters as well the reason why bitcoin still doesn't know due to multiples accounts being used by the same person. That's probably the reason the project has a low count of investors. But if ever, that has a small effect not the overall outcome and it depends who is managing.

In addition I believed anonymous use of cryptos gave room for all these cheaters In most cases KYC is not being mandated thus allow multiple accounts cheaters especially bounty hunters who will undermined the lay down rules so as to garnered or earn more money, Investors are now becoming more cautious in what to invest, in many occasions ICOs because of not being regulated and anonymous collects investors funds and ran into thin air, this is a common scenario now in crypto world thus causes cryptocurrency to be painted in a bad light.

[Zionatin]

I don't think this user is talking about bounty. You can't cheat a project with bounty. It won't affect them. Not sure what the OP is talking about tbh, I wish they would edit their post. You cannot cheat a bounty. If you make more then one account the same amount of tokens will still be sent out. The project won't lose anything. I don't actually see what the problem is really? So long as the work is good who cares?

After reading some of the members' responses related to the OP discussion, it turns out that what the cheaters meant here was for bounty hunters.

I think there needs to be a company specializing in combating fraudsters.

To overcome this, multi-account, cheaters who are trying to monopolize the bounty campaign, there are already a number of bounty managers and other members who are very concerned and create a red list for related accounts and cheating.
Instead of busy blaming each other for making this bad, it's better to focus on each other's progress. Focus on running the bounty to the maximum, according to the rules, and not being greedy.

Absolutely. There are many frauds in the cryptocurrency world. Especially those bounty hunters. There are many users who use multiple accounts in order for them to be able to earn. So I would say that it is cheating and it might fraudsters as well the reason why bitcoin still doesn't know due to multiples accounts being used by the same person. That's probably the reason the project has a low count of investors. But if ever, that has a small effect not the overall outcome and it depends who is managing.

Why would someone having more then one account do anything to a project? How does that hurt them? THe same amount of work is still done and the same amount of tokens are still given out.

[Ashong Salonga]

There different words for cheaters; scammer can be considered as cheater, thus, cheaters are one of the reasons why cryptocurrencies are going down. Their greedy attitude caused every coins to fall. If only, they are fair, maybe bitcoin is still in the high peak.

[qwertyup23]

What do you think about the project that spent a lot of money to advertise but was taken advantage of by cheater, I saw a person who created a lot of accounts to cheat and eat over 5000 $, there are really a lot of very good projects. but it is these fraudsters that cause those projects to die. I think there needs to be a company specializing in combating fraudsters. Cryptocurrency can grow

What controls the price of bitcoin is the law of demand and supply. Due to its supply being limited in the market (21 million cap), companies, organizations, or people who own majority of its supply CAN manipulate and control the price by selling/purchasing their stock.

People take advantage of its volatility by either investing short/long-term depending on its price fluctuation in the market..

There different words for cheaters; scammer can be considered as cheater, thus, cheaters are one of the reasons why cryptocurrencies are going down. Their greedy attitude caused every coins to fall. If only, they are fair, maybe bitcoin is still in the high peak.

Cheaters are not only the reason on why its price decreases. You need to understand that the law of supply and demand dictates the price of cryptocurrencies in the market due to its nature being limited in supply.

[btc_angela]

There different words for cheaters; scammer can be considered as cheater, thus, cheaters are one of the reasons why cryptocurrencies are going down. Their greedy attitude caused every coins to fall. If only, they are fair, maybe bitcoin is still in the high peak.

How are cheaters causing the price to fall? I don't see any connections. Cryptocurrency price are based on supply and demand if you forget. Greedy is another thing, and always when you are greedy in this game, you are going to lose in the long run. And you can't blame people from selling their bitcoin because this is a free market. If you don't want to be a victim here, then be smart.