setialovers
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December 24, 2019, 12:59:34 AM |
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They definitely mislead new investors, but in general I don't think the scammers are killing the glory of the good projects. They just became part of this market, but really promising projects still have a chance.
Perhaps overall, scam projects do not stop good projects but affect investor confidence in investing in new projects. At present, many investors feel traumatized investing in new projects for fear of being exposed to scams and indirectly this impedes the development of cryptocurrency |
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Coroline
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December 24, 2019, 02:38:43 AM |
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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.
Missing 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.
need strict action if they advertise ico on this forum so what I mean is the controller or staff who judge whether the project is real or fake but I think they already have many ways to fool people and I agree what you say will make people doubt invest in ico, and the only way is IEO where the project makes sales by collaborating with reputable exchanges such as biance maybe or with a good reputation |
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starblocks
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December 24, 2019, 07:01:18 AM |
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The only way to stop scams is to stop investing in them and warning as many people as you can via the usual methods like the scam section of this forum and through telegram groups etc. and this will help inform those who aren't aware of these illegitimate projects
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Magkirap
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December 24, 2019, 07:12:44 AM |
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The only way to stop scams is to stop investing in them and warning as many people as you can via the usual methods like the scam section of this forum and through telegram groups etc. and this will help inform those who aren't aware of these illegitimate projects
Yes a thread or discussion about scams that lurks the internet can help all of us to avoid scam projects but we can't just rely on that for not all of your questions can be found in those things, we should learn how to analyze a project, how to do some research about it so that we can figure out if the project will be a good ome and not a scam one. Knowledge is power and the only thing that we can trust here in crypto space is ourselves so making ourselves better is a must. |
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traducteurTor
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December 24, 2019, 07:33:41 AM |
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Phishing projects are on the rise. They have done a lot of harm, killing the entire cryptocurrency space, making investors lose confidence in this potential market.
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Whilemost
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December 24, 2019, 07:38:39 AM |
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Given the dangers of fraudulent projects, the cryptocurrency market and the entire space are currently seriously affected. It has taken away the glory of other genuine projects and needs to be removed as soon as possible.
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KillerInk
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December 24, 2019, 07:53:11 AM |
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I have the same thoughts as you, because the cryptocurrency market is currently extremely dangerous due to the ubiquitous phishing projects. We should be looking for more ways to combat scam projects or they will kill the entire cryptocurrency space  |
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Dangki01021991
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December 24, 2019, 07:55:49 AM |
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Around cryptocurrencies, there are a lot of scams that have greatly affected people's psychology and especially investors who don't believe in new projects anymore. The day became very difficult to find the legality of the project
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TheClownSong
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December 24, 2019, 08:32:27 AM |
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Around cryptocurrencies, there are a lot of scams that have greatly affected people's psychology and especially investors who don't believe in new projects anymore. The day became very difficult to find the legality of the project
Directly, investors will be psychologically affected because it involves trust in the cryptocurrency market and maybe they will justify the negative news about crypto that has been circulating so far. If left unchecked, scammers will have a negative effect on the cryptocurrency market because in investment, trust is the main thing |
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StephenieDuong
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December 24, 2019, 10:28:31 AM |
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Scam project is bad for crypto, but i dont think it a factor that can kill crypto. I know there are lots of scam project and make lots of investors lost their money, but only with 1 or more successful project, people will believe more in crypto. So dont too worry about scam project, keep research before invest anything to avoid scam project.
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Jpt
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December 24, 2019, 10:33:32 AM |
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Obviously, scam projects are killing entire crypto industry, thus discouraging investors and bounty hunters. Regulatory measures will certainly help retain the glory of cryptocurrency by eliminating and discouraging scam projects. Similarly, bounty managers can play their role in this regard. They know much about which projects are legit or scam.
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smyslov
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December 24, 2019, 10:41:46 AM |
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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.
Missing 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.
The biggest question is who will regulate it and how it's going to be regulated, remember IEO's are regulated by exchanges and they are being screened and they are paying a listing fee to prove that they are legit but the majority of the coins are not doing good in the market if we give one company to do this for us, how can we be sure that they are not going to accept bribe and connive with these projects. |
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mr_random
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December 24, 2019, 10:47:51 AM |
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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.
Missing 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.
The biggest question is who will regulate it and how it's going to be regulated, remember IEO's are regulated by exchanges and they are being screened and they are paying a listing fee to prove that they are legit but the majority of the coins are not doing good in the market if we give one company to do this for us, how can we be sure that they are not going to accept bribe and connive with these projects. I don't think bribery and corruption will be a problem on the governmental level regulative authorities, at least we will know the address in case of facing fraudulent projects. This alone doesn't prove the paid fee will protect the investment funds, everyone should accept the investment decisions based on the research, analyze. |
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BartS
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December 27, 2019, 04:09:51 AM |
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Obviously, scam projects are killing entire crypto industry, thus discouraging investors and bounty hunters. Regulatory measures will certainly help retain the glory of cryptocurrency by eliminating and discouraging scam projects. Similarly, bounty managers can play their role in this regard. They know much about which projects are legit or scam.
Scam projects are not killing the entire crypto industry they are killing the ico market and quite honestly that is not such a bad thing, the ico market has not really brought a lot of benefits to this market especially during the last years, if the developers want to create a project then they can do it in the same way that Satoshi did. Satoshi did not require the money or the investment from anyone else, he had a good idea, worked very hard on it for years and then presented that idea to the world, and I do not see why other developers cannot do the same. |
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Sembadapuja
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December 27, 2019, 04:56:59 AM |
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Now, investors are already wary of similar projects because there is no guarantee that a project can be genuine and that the people behind are true and not fakes and scammers. While everyone here on the thread agree that scam projects are really killing cryptos but there are you that disagrees with it. I think in the future, the crypto market will be more selective, this can be seen in various projects that exist today, the concept what they have created is very innovative and challenging, and I'm sure the project in 2019 will find a strategic market the following year.
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SabrinaBianka
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December 27, 2019, 05:12:14 AM |
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You are right, Also hunters are now not confident to participate on bounty because lot's of scammers its affected the entire bounty campaign industry. Hunters are also important not only the investors. Because they delivered the information about the project and they influence us to read or to check every project. So they need to sure that project or platform are legit. So if its scam, They will spread the word of projects and they will scam us once we participate.
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Shinpako09
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December 27, 2019, 05:40:30 AM |
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Obviously, scam projects are killing entire crypto industry, thus discouraging investors and bounty hunters. Regulatory measures will certainly help retain the glory of cryptocurrency by eliminating and discouraging scam projects. Similarly, bounty managers can play their role in this regard. They know much about which projects are legit or scam.
Nope, not the entire crypto industry. Scam are always there and maybe won't disappear even in the following years. We can say there's effect like new investors are hesitant to invest especially in new projects but not enough to kill the crypto industry. ICO collapsed due to lots of scams but look there is IEO and they switched into it. Meaning scams won't be enough to kill the entire crypto industry. New way will be created again and again. |
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iv4n
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December 27, 2019, 05:43:12 AM |
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Scams are killing some investors, it's a tough world and just the strongest survive. Crypto space is not different, while some people cry because they lost money others are earning, when you think about scammers vs their victims is the same as trader who earned and trader who lost, someone needs to be on the winning end and someone is on the losing end, one can't exist without other. And after all this year's of trading against each other, scamming each other, crypto space is alive and well, there are even more people than before, so what that tell you? Crypto space can't be killed!
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DevilSlayer
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December 27, 2019, 05:46:37 AM |
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Scams are killing some investors, it's a tough world and just the strongest survive. Crypto space is not different, while some people cry because they lost money others are earning, when you think about scammers vs their victims is the same as trader who earned and trader who lost, someone needs to be on the winning end and someone is on the losing end, one can't exist without other. And after all this year's of trading against each other, scamming each other, crypto space is alive and well, there are even more people than before, so what that tell you? Crypto space can't be killed!
The market are keep having bad image because of those scammers who keep tarnishing the whole market. The scam projects are the obstacles of the people and it is one of the factors why there are investors who do not prefer to make investment in cryptocurrency market. The victims are keep rising over the time, we can avoid the greedy scammers if we know what we are doing. We should ignore scam projects and focus on projects that can give us profit. |
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Palider
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December 27, 2019, 05:47:30 AM |
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I think yes because scam ico campaign affecting the confidence of investor to invest in new project because of the fear of this project will eventually scam at the end. Thats why crypto developments now especially altcoin not improve and many people now use altcoins to invest and exit when they get good amount of profit. And holding now is not worth it because of this scam happening until now.
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