Bitcoin Forum
October 19, 2019, 09:22:09 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 9 10 »  All
  Print  
Author Topic: Are the scam projects killing entire crypto space?  (Read 1741 times)
Thomas-s
Hero Member
*****
Offline Offline

Activity: 980
Merit: 500


send and receive money instantly, with no hidden c


View Profile
September 13, 2019, 12:17:38 PM
 #21

I think that if we collectively will analyze projects or create some kind of independent platform for evaluating new ICOs and this platform will be outside corruption, then we can more easily invest our money in new projects

██▄                      ▄██
▀███▄                  ▄███▀
  ▀███▄              ▄███▀
██▄ ▀███▄          ▄███▀
▀███▄ ▀███▄      ▄███▀
  ▀██   ▀██    ▄███▀
             ▄███▀
             ▀███▄
        ▄██    ▀███▄
      ▄███▀      ▀███▄
    ▄███▀          ▀███▄
  ▄███▀              ▀███▄
▄███▀                  ▀███▄
██▀                      ▀██

X.C.A.R.DTM
.SEND AND RECEIVE MONEY.
.INSTANTLY, WITH NO........
.HIDDEN COSTS............

▄████████████████████████████████████▄
██▀                                ▀██
██  ▄▄▄▄▄▄  ▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄   ██
██                     █        █   ██
██  ▀ ▀▀▀ ▀▀ ▀▀▀ ▀▀    █        █   ██
██                     █▄▄▄▄▄▄▄▄█   █▀
██
██
██  ▄▄▄▄▄▄  ▄▄▄▄▄▄  ▄▄▄▄▄▄  ▄▄▄▄▄▄  ██
██  █    █  █    █  █    █  █    █  ██
██  █▄▄▄▄█  █▄▄▄▄█  █▄▄▄▄█  █▄▄▄▄█  ██
██▄                                ▄██
▀████████████████████████████████████▀
.SPEND ANYWHERE,....
.ANY CRYPTOCURRENCY,.
.ANY PAYMENT CARD....

████
██
██
██
██
██
██
██
██
██
██
██
██
████

IEO
Q4 2019

████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████

▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀


▄██████████████████▄
██▀              ▀██
██                ██
██                ██
██    ▄▄▄▄▄▄▄▄    ██
██    ▀▀▀▀▀▀▀▀    ██
██   ▄▄▄▄▄▄▄▄▄▄   ██
██   ▀▀▀▀▀▀▀▀▀▀   ██
██
██
██                ██
██▄              ▄██
▀██████████████████▀
.
WP
▀ ▀▀▀



1571520129
Hero Member
*
Offline Offline

Posts: 1571520129

View Profile Personal Message (Offline)

Ignore
1571520129
Reply with quote  #2

1571520129
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571520129
Hero Member
*
Offline Offline

Posts: 1571520129

View Profile Personal Message (Offline)

Ignore
1571520129
Reply with quote  #2

1571520129
Report to moderator
1571520129
Hero Member
*
Offline Offline

Posts: 1571520129

View Profile Personal Message (Offline)

Ignore
1571520129
Reply with quote  #2

1571520129
Report to moderator
Bagani
Member
**
Offline Offline

Activity: 376
Merit: 18

send & receive money instantly,w/out hidden costs


View Profile
September 13, 2019, 12:21:46 PM
 #22

That is absolutely true, scam projects in 2017-2018 killed the entire market for about 2 years but I'm glad right now that the IEO era has began and it somehow teaches investors to look deeply on the project the want to invest. Scammy/Shady projects don't raise anymore due to the fact that the investors have learned in this past 2 years.

Iykejunior
Jr. Member
*
Offline Offline

Activity: 77
Merit: 1


View Profile
September 13, 2019, 12:40:16 PM
 #23

No doubt, I agree with you totally on this, there are so many projects who are actually genuine, but due to the mentality the space has given most investors and enthusiats, people do not have enough faith in good projects and then they may eventually be seen as scam. For a project to suceeed, both parties most be in line.
De4ted
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
September 13, 2019, 01:31:59 PM
 #24

I would say that most investors lose huge interest on investing in new projects but we cant say that it kills the entire crypto, only in ICOs thats why right now most projects do IEO  but scammers now also do the same.  Grin

.    ─────────────    █▀▀ ▀▀█                                               ELAD NETWORK | YOUR TOKEN TO REAL ESTATE                                           █▀▀ ▀▀█    ─────────────
       ─────────────    ██ ██     COMBINING BLOCKCHAIN, REAL ESTATE AND ARTIFICIAL INTELLIGENCE FOR A SMARTER WAY TO INVEST     ██ ██    ─────────────
         ─────────────█▄▄ ▄▄█                                           ANN Thread | Twitter | Facebook | Telegram | Medium                                       █▄▄ ▄▄█─────────────
Shadidalam1111
Newbie
*
Offline Offline

Activity: 95
Merit: 0


View Profile
September 13, 2019, 01:39:12 PM
 #25

 I don't think so. Bitcoin will continue thriving. And before these scam projects will significantly damage the reputation of some great projects such as Bitcoin itself and a handful of altcoins, they are already dead.
crazy-pilot
Sr. Member
****
Offline Offline

Activity: 731
Merit: 250



View Profile
September 13, 2019, 01:41:05 PM
 #26

I agree with you, but I don’t know how to stop them. Scammers are too skilled, they will always find a way to deceive people. I think that there is no way to completely get rid of them. Everyone should be able to identify the scammers himself.


▄▄▄███████▄▄▄
▄▄█████▀▀''`▀▀█████▄▄
▄███P'            `YY██▄
▄██P'                  `Y██▄
███'                      `███
███'                         ███
▄██'   ▄█████▄▄  ,▄▄▄▄▄▄▄▄▄▄p   ███
▄██▀  ,████▀P▀███.`██████████P   ▀██▄
███[ ,████ __. ███.   ,▄████▀    ███
███[ ]████████████[  ▄████▀       ███
███[ `████   ,oo2 ▄████▀'       ,███
▀██▄  `████▄▄█████d███████████   ▄██▀
▀██.   `▀▀▀▀▀▀"  Y▀▀▀▀▀▀▀▀▀▀▀  ,██▀
███.                        ,███
▀██▄                      ▄██▀
▀███▄_                 ,███▀
▀███▄▄_          _▄▄███▀
▀▀████▄▄ooo▄▄█████▀
▀▀███████▀▀'

365

TM

EZ365 is a digital ecosystem that combines
the best aspects of online gaming, cryptocurrency
trading
and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

..WHITEPAPER..    ..INVESTOR PITCH..

.Telegram     Twitter   Facebook

                       .'M████▀▀██  ██
                      W█Ws'V██  ██▄▄███▀▀█
                     i█████m.~M████▀▀██  ███
                     d███████Ws'V██  ██████
                     ****M██████m.~███f~~__mW█
          ██▀▀▀████████=  Y██▀▀██W ,gm███████
      g█████▄▄▄██   █A~`_WW Y█  ██!,████████
   g▀▀▀███   ████▀▀`_m████i!████P W███  ██
 _███▄▄▄██▀▀▀███Af`_m███   █W ███A ]███  ██
__ ~~~▀▀▀▀▄▄▄█*f_m██████   ██i!██!i███████
Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████
 8█  █▀▀█████.!██   ██████████i! █████
 '█  █  █   █W M█▄▄▄██████   ██ !██
  !███▄▄█   ██i'██████████   ██
   Y███████████.]██████████████
   █   ███████b ███   ██████
   Y   █   █▀▀█i!██   ████
    V███   █  █W Y█████
      ~~▀███▄▄▄█['███
            ~~*██

Play

            │
    │      ███
    │      ███
    │      ███
    │   │  ███
   ███  │  ███
   ███ ███ ███
 │  ███ ███ ███
███ ███ ███ ███
███ ███  │   │
███ ███  │   │
 │   │
 │

Trade

           __▄▄████▄▄
     __▄▄███████████████▄▄▄
 _▄▄█████████▀▀~`,▄████████████▄▄▄
 ~▀▀████▀▀~`,_▄▄███████████████▀▀▀
   d█~  =▀███████████████▀▀
   ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄
  ,W█. *████▄▄__ '  __▄▄█████
  !██P  █████████████████████
   W█. - ██████████████████▀
  i██[   ~ ▀▀█████████▀▀▀
 g███!
Y███

Learn
[/
wedosgibas
Member
**
Offline Offline

Activity: 373
Merit: 10


View Profile WWW
September 13, 2019, 01:51:48 PM
 #27

For new investors, they might back off, for those of us who can understand the project and previous experience, must have a strategy to return

SaidNurs
Jr. Member
*
Offline Offline

Activity: 90
Merit: 1


View Profile WWW
September 13, 2019, 02:02:38 PM
 #28

From my point of view, scam projects have taken away the glory of genuine projects.
Due to too many scams around crypto space, investors are not confident on investing in new projects. It's Becoming very difficult day by day to find out the legitimacy of the projects.
This in turn affecting the projects and result of this is not raising the funds as expected and required for further development of projects. This is daviating projects from their roadmap which is resulting in too much delay or even failure.
Kissing interest in investors is somehow obstacle to growth and further research of dApps projects.
I think, rugulations will solve the topic to great extent, but is there any other way to stop the scamming and not just going away from it?
Please apply your thoughts.
Scam projects, and everything that smells of scams is what makes crypto growth slow, even killing crypto. When it comes to ways to eliminate crypto fraud is very difficult, because crypto works in cyberspace. For fraudsters will continue to look for loopholes even with tight security to get the benefits. Back to yourself how to become a good doer in the crypto world.

              Silica NeXus                 
▄▄▄▄▄  Crowdfund the Nexus  ▄▄▄▄▄
magnum cyber
Member
**
Offline Offline

Activity: 568
Merit: 10

Change Your Worlds Build a New Era!


View Profile
September 13, 2019, 02:06:09 PM
 #29

in fact in the cryptoqurrency industry there is nothing to regulate the market, everything runs on every user. if you want regulation I think it is not a solution to reduce project fraud, because scamers always have a gap in every action. but if you want to involve the government it will only have an impact on crypto adoption and not a solution to reduce fraud.

Bananington
Sr. Member
****
Offline Offline

Activity: 547
Merit: 251


send and receive money instantly, with no hidden c


View Profile
September 13, 2019, 02:13:26 PM
 #30

Yes there are too many scam projects retarding general acceptance of crypto, but IEO done on reputable exchanges  for example has curbed this at token sale level.  The reason why I wrote "token sale level" is because some team members might even go to the extent of doing IEO on reputable exchanges but after that do away with funds or will not use funds for project development as promised. This issue of scam is raising concerns, putting fear in investors. Regulations like you mentioned will reduce it but regulations has its own downsides. Let's hope a better solution is enacted soon.

██▄                      ▄██
▀███▄                  ▄███▀
  ▀███▄              ▄███▀
██▄ ▀███▄          ▄███▀
▀███▄ ▀███▄      ▄███▀
  ▀██   ▀██    ▄███▀
             ▄███▀
             ▀███▄
        ▄██    ▀███▄
      ▄███▀      ▀███▄
    ▄███▀          ▀███▄
  ▄███▀              ▀███▄
▄███▀                  ▀███▄
██▀                      ▀██

X.C.A.R.DTM

████
██
██
██
██
██
██
██
██
██
██
██
██
████
.SEND AND RECEIVE MONEY
.INSTANTLY, WITH NO.....
.HIDDEN COSTS..........

▄████████████████████████████████████▄
██▀                                ▀██
██  ▄▄▄▄▄▄  ▄▄▄▄▄▄▄    ▄▄▄▄▄▄▄▄▄▄   ██
██                     █        █   ██
██  ▀ ▀▀▀ ▀▀ ▀▀▀ ▀▀    █        █   ██
██                     █▄▄▄▄▄▄▄▄█   █▀
██
██
██  ▄▄▄▄▄▄  ▄▄▄▄▄▄  ▄▄▄▄▄▄  ▄▄▄▄▄▄  ██
██  █    █  █    █  █    █  █    █  ██
██  █▄▄▄▄█  █▄▄▄▄█  █▄▄▄▄█  █▄▄▄▄█  ██
██▄                                ▄██
▀████████████████████████████████████▀
.SPEND ANYWHERE,....
.ANY CRYPTOCURRENCY,.
.ANY PAYMENT CARD....

████
██
██
██
██
██
██
██
██
██
██
██
██
████

IEO
Q4 2019

████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████

▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀


▄██████████████████▄
██▀              ▀██
██                ██
██                ██
██    ▄▄▄▄▄▄▄▄    ██
██    ▀▀▀▀▀▀▀▀    ██
██   ▄▄▄▄▄▄▄▄▄▄   ██
██   ▀▀▀▀▀▀▀▀▀▀   ██
██
██
██                ██
██▄              ▄██
▀██████████████████▀
.
WP
▀ ▀▀▀



bartolo
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 501


View Profile
September 13, 2019, 02:41:46 PM
 #31

In any case, those scams are harming new projects, but not the well established ones, not to mention top coins. Regarding the crypto world, don't forget that ICOs, STOs and IEOs are just a part of it, there is much more apart from that.
taufik123
Sr. Member
****
Offline Offline

Activity: 854
Merit: 256


First 100% Liquid Stablecoin Backed by Gold


View Profile WWW
September 13, 2019, 02:59:18 PM
 #32

New projects increasingly do not have reasonable prices and end in not achieving the softcap target. the increasing number of SCAM projects, the more it will have a bad effect on new projects that really have goals and vision and mission for the future. Getting rich and making a fortune from projects now is very difficult and even impossible, it takes a long time. ICO is less attractive to investors.

Ridwan Fauzi
Full Member
***
Offline Offline

Activity: 742
Merit: 120


View Profile
September 13, 2019, 03:15:23 PM
 #33

That is a fretful thing when being investor on this industry IMHO. Don't you remember when the market ICO crash and there is most investor who give a bad assessment so as they leaved ICO project to store their money for investing just because scam project? I think you should know that.

Even, I believe most countries who still have a bad view against cryptocurrency is they have known that the scammer is something which cannot be released because lack of supporting authority. But it is the time to showing to them that we can change it, we can change everything especially a bad assessment into cryptocurrency. We are the user of cryptocurrency and we have to convince that cryptocurrency is a good place for them but also we have to give a positive thing to prevent the spread of scammers.

whtchocla7e
Full Member
***
Offline Offline

Activity: 336
Merit: 100



View Profile
September 13, 2019, 03:18:49 PM
 #34

The number of fraudulent projects is many, even up to over 95%. This makes it difficult for good projects to convince investors to participate. Since many scams from ICOs happened, some governments decided to ban the use of this method to raise capital, which adversely affects good projects.

DarkIT
Sr. Member
****
Offline Offline

Activity: 938
Merit: 250


Borderless Mobile Finance Marketplace


View Profile
September 13, 2019, 03:24:04 PM
 #35

The number of fraudulent projects is many, even up to over 95%. This makes it difficult for good projects to convince investors to participate. Since many scams from ICOs happened, some governments decided to ban the use of this method to raise capital, which adversely affects good projects.
for now, avoiding project scams, and not giving them space is possible. find out about it, and give that information to everyone. conversely, when finding an interesting project, and of course the truth is close to 100%, it is also worth informing. the point is, we need to provide information to others about the speculation we get, along with the evidence. that's probably the closest way for now.
regulation is very important for this, it's just that until now there is no regulation that can really make a scammer disappear.


▄▄▄███████▄▄▄
▄█████████████████▄
▄█████████████████████▄
▄███▀▀▀▀█▀█▀▀█▀▀▀▀████████▄
▄████ ██ █ ▄█ █ ██ █████████▄
█████ ▄▄▄█▄██▄█▄▄▄ ██████████
▐█████▄█████████▄▄▄▄██████████▌
▐██████████▀▀▀█▀▀▀██▀▀▀▀██████▌
██████████ ██ ██▌▐▌ ▀▀ ▐█████
▀█████████ ██ ██▌▐█ ▀▀▀█████▀
▀█████████████████████████▀
▀█████████████████████▀
▀█████████████████▀
▀▀▀███████▀▀▀
..Mobile..........
..Finance.......
..Marketplace..

              ▄██████▄
             ██████████
            ████████████
  ▄██████▄  ████████████
 ██████████  ██████████
████████████  ▀██████▀
████████████
 ██████████  ▄██████▄
  ▀██████▀  ██▀    ▀██
           ██       ▀██
           ██        ██
            ██▄    ▄██
             ▀██████▀
..Decentralized Lending Platform..
..and Mobile Banking Appeee.eeee

▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
vBOUNTYv▄▄▄▄
██▀▀
██
██
██
██
██
██
██
██
██
██
██
████

▄▄▄▄
▀▀██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████

▄██████████████████▄
██▀              ▀██
██
██                ██
██    ▄▄▄▄▄▄▄▄    ██
██    ▀▀▀▀▀▀▀▀    ██
██   ▄▄▄▄▄▄▄▄▄▄   ██
██   ▀▀▀▀▀▀▀▀▀▀   ██
██                ██
██
██                ██
██▄              ▄██
▀██████████████████▀

WP
▀ ▀▀▀
jagaban
Copper Member
Jr. Member
*
Offline Offline

Activity: 266
Merit: 2

I-CHAIN - The Revolution of Digital Advertising


View Profile
September 13, 2019, 06:04:03 PM
 #36

Of course yes. Scam projects are already killing the markets. If so many projects that did ICO last year are still working today, you can be sure we won't be seeing cryptocurrency prices tumbling as it is today. But too many scam projects will scare investors away. Most people in crypto today are those that have been in it for a long time or those who made money during the last 2017 bull run

Mike Mayor
Hero Member
*****
Offline Offline

Activity: 728
Merit: 525

CryptoTalk.Org - Get Paid for every Post!


View Profile
September 13, 2019, 10:09:23 PM
 #37

It is people who support scams that are killing crypto space. There many projects that are trying hard and are decent but people will rather flock to just anything they see. I am not even sure what most bounty hunters choose as their criteria as which projects to support. Investors I have seen have some special sites for ICO investing. You even just pass KYC once and can invest as you wish. No one really talks about these things because those making money will not tell you how.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
aemma
Copper Member
Jr. Member
*
Offline Offline

Activity: 394
Merit: 1


View Profile
September 13, 2019, 10:52:28 PM
 #38

I agree with you to an extent, yes scam projects exists in their numbers but I don't think they are killing the entire crypto space rather they are dragging us behind because most of us lacks idea to point a number of them thus patronising them even the more.
So if we should start giving more attention to those upcoming projects but with clear definition on what they want to offer, experienced team and preferably working MVP as well as those few projects still existing and are really working hard to bring about change in this space as well as the world then we would go far. Nevertheless, I still believe the crypto space will be great, it is just a matter of time.
retnoanjani
Full Member
***
Offline Offline

Activity: 476
Merit: 100



View Profile
September 13, 2019, 11:14:02 PM
 #39

That is the fact, investor confidence is declining because many projects are fake and lead to scams. Nothing can protect us but ourselves. In-depth analysis is needed before deciding to get involved in a project. But don't worry, strong and truly good projects will always emerge, as blockchain adoption is increasingly being used to increase the effectiveness of various fields. A strong project with a good strategy and product will surely be crowded in the news, don't miss it.

Teawhalee
Copper Member
Jr. Member
*
Offline Offline

Activity: 368
Merit: 1

I-CHAIN - The Revolution of Digital Advertising


View Profile WWW
September 13, 2019, 11:17:21 PM
 #40

Truly the scam projects have really crypto ! It now low as investors are now wiser than before ! But yet people no longer trust new  project to invest into them ! The crypto first generation are gold !

Pages: « 1 [2] 3 4 5 6 7 8 9 10 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!