Scammers are to be blame

[mirgo1791]

developer works as offering use of option as public audience to gains with benefit of deliverance of works as expecting with returns on exchange, as the ico scheme to brings of supports on funding and gives with more on coverage as developer to complete of tasks of terms with initiation.

[1714245383]

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[1714245383]

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[TheUltraElite]

No industry is free from scammers. Scams in different forms exist in real life too. You can get scammed trying to buy stuff using your credit card as well. Remember that the world survives with people fooling each other to get money in order to buy their daily bread. But it can only be prevented. There is no magic button that will remove all scam projects. You have to do your own research and use your judgement to decide what may be a scam and what may be a good pick.

It is also true that the lack of regulation makes the crypto sector a risky investment for any investor, in which case I would advice you to stop getting involved in crypto projects and buy only bitcoin for the long term investment.

[stadus]

Scammers will take advantage on the crypto space that has lack of regulation as they know they won't be punish with their scams.

This isn't a place for people who don't have enough knowledge with crypto, basic knowledge is not enough since you are still prone to getting scam, you have to study the market carefully to understand its risk and reward, of course this market is considered a high risk due to scammers and manipulators, so once we know the reality, it's up to us if we are still willing to gamble.

If there's still improvement in regulation, maybe it's time to shift the blame to the government.

[Crypt0BHunter]

Market is evolving, and when it be more matuare, there will be less scams than nnow, but even in stock and bond markets there are scam companies.

[Leonardo7]

Scammers transverse every sector and institutions. Just that it's easier investing in a crypto project in global markets than investing in traditional system start-ups because of regulations. I know of some programmes from South America that are not crypto related that scammed investors millions of dollars. People can saty safe by investing in already established crypto projects and buying IEO from reputable exchange after studying the project team integrity.

[daniel002]

Yes, scammers should be to be blamed because they really are the one of the reason why cryptocurrency mass adoption doesn't come. Government on taking cryptocurrency as new payment will be a big risk. Many of the warnings issued by various countries also note the opportunities that cryptocurrencies create for illegal activities, such as money laundering and terrorism.  Some of the countries surveyed go beyond simply warning the public and have expanded their laws on money laundering, counterterrorism, and organized crimes to include cryptocurrency markets, and require banks and other financial institutions that facilitate such markets to conduct all the due diligence requirements imposed under such laws.  For instance, Australia, Canada, and the Isle of Man recently enacted laws to bring cryptocurrency transactions and institutions that facilitate them under the ambit of money laundering and counter-terrorist financing laws.

[coin-investor]

Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.

This is what happens if there is no regulation and every developer can do whatever he wanted without answering to any regulatory body, ICO's are operating in trust, and they are free to break that trust for money and these scammers are getting away, without obligation to authorities.

If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust

Binance is a big savior for investors, without Binance there will be no crowdfunding anymore, investors feel safe and secure and Binance makes things easy, they do not have to do an assignment on looking for the right project to invest

[rose9696]

We don't want to be cheated, but this is considered a decentralized market and this is a good condition for scammers to cheat many people.
Working here carries a lot of risks, we should really be wary of new ICO projects and carefully analyze them before investing in it.

[akirasendo17]

the only reason the market is like this is because of manipulations happening, we can't blame it to the scammers, the reason they scam so many people is because of less information , being feed to them , and the number one , and we can't deny it is greed , yes greed is the reason there is scammers, there is no easy money , but because someone is weak when they heard 100x return they invest quickly without asking anything , we need to stop being too greedy and always research before getting in to a coin

[GGmith]

Scamers always have a way to take dirty action, but most of the old investors already understand what they have to do in investing or keeping money in a safe place. in any industry there are certainly scamers and we are required to always be vigilant with this.

[natalia stark]

Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.

If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust

As the technology is increasing and the the crypto market is also growing with the time so the scammers are also getting smarter with the time and yes they are scamming mostly the new bounty  hunters. they offer you some good profit of the their project that id fake and when some one send them the money or any other coin then they just venish in to thin air.

i have just recieved a message from a guy who said that he is the moderator of some exchange and said he can get me profit and will take 35% of the profit. Because i know it was fake i said not interested and he just vanish and cleared all his chats.


so be careful when you send your altcoin or money to anyone.

[Winscosinally]

Apart from phishing scam,wallet and account hacks that is raising rapidly everyday ICO scam have reduced alot compare to 2018, investors have finally get smarter and IEO scam is really not that alarming but only those who knew nothing about IEO from big exchanges fall victim to scam IEO Projects from crap exchangez

[Ararbermas]

No need to blame scammers because in fact it's not their fault why they  can caught new investor time on time. What i mean sometimes we should poke those greedy ppl as well ,wherein always quick jump to their fish net. Because if they are really aware on it probably market now were stable which is no declining and etc because they will start to focus on some legitimate coin in the market . Just my opinion.

[whtchocla7e]

Scammers exist everywhere, every field. We cannot eliminate them, we can only prevent and be careful, warn people to avoid signs of fraud and lies.

[Novatech8]

There are scammers in every industry, but their influence on crypto is very large. I think that scammers are partly to blame for what is happening with the market.

Partly? no you are wrong by using the 'partly' word, scammers are indeed the ones responsible for the present condition of crypto, bitcoin that is even bullish still find in hard to be some people's choice of digital currency compare to altcoins, if there is some kind of assurance for investors about crypto there will be higher demands

[udidrone]

Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.

If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust

I think for now it is better to focus on educate ourself, and people near us than do something like erase scammers.It is only waste time because bad person will keep coming and they have their own way to make advantage from people's loss. If we already educated, and already make other educated, they wouldn't easily jump into scammers like scam investment or maybe some money game like ponzi scheme.

[pieppiep]

Scammers will always be there. They will search for a new target so they can get their money. They will convince people, especially new people to follow them and they will act that they are the right person to help them. But the truth is the new people who don't search for more information about what they offer will follow them and give their money without thinking twice.

The scammers will not stop their job to trick as many people as they can because that is their job. They always search for the opportunity to get more and more new people so they can get more money from them. And in the crypto world, they can easy to find new people who will give the money to them, and they will run away from those new people after they got the money. I see that they only need to create a new website with a fresh design, fresh profile image, fresh project which is pretending to be the real project so people will believe them and join with them.

So you need to be careful because you don't know which project is real and not and don't believe if you don't get any information about them.

[Periodik]

Scammers will always be there. They will search for a new target so they can get their money. They will convince people, especially new people to follow them and they will act that they are the right person to help them. But the truth is the new people who don't search for more information about what they offer will follow them and give their money without thinking twice.

The scammers will not stop their job to trick as many people as they can because that is their job. They always search for the opportunity to get more and more new people so they can get more money from them. And in the crypto world, they can easy to find new people who will give the money to them, and they will run away from those new people after they got the money. I see that they only need to create a new website with a fresh design, fresh profile image, fresh project which is pretending to be the real project so people will believe them and join with them.

So you need to be careful because you don't know which project is real and not and don't believe if you don't get any information about them.

Scammers will scam. Customers will either fall for them or educate themselves sufficiently to avoid them. The government agencies will be running after them as well. However, since the scammers are not too foolish to just appear as they are, the best defense against them is for us to be extremely careful against their schemes. A little doubt about a project should be enough for us to raise them to the devs. If not promptly and properly addressed and resolved, better hold your precious money and do not invest. Invest only when there is 100% certainty that the project is clean and most probably successful.

[fortunecrypto]

Of course, scammers are to blame for all the mess that's happening in the ICO, it's easy for them, all they need is to form a team hire people from Fiverr and the service board to create a project for them, and offer it to investors, if investors is newbie and do not know how to check if the project is legit, he will get scam.

[Aldrinx00]

People got afraid on investing in altcoins because of the rampant scams that is happening everyday, scammers are everywhere especially in ICOS. That's why people jump to IEOS because it's more safe and secured, altcoin season will come but we don't know when.