Scammers are to be blame

[Gab20]

Putting blames on scammers at all times will not change anything, rather we ourselves should work on changing the ways we do things, so that we do not fall victim of them again. We also need to continually learn new things as they unfold, because these "people" are also devising new means of scamming their victims, most especially when it comes to investments.

[1714271612]

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[kodtycoon]

if investors no longer believe in new projects, then it is enough with old projects that are still proven to be still in good standing even though the bear market has indeed changed the situation for the worse, this is a common occurrence and scammers have indeed become one of the causes for the crypto market get a more significant increase

[Hypnosis00]

Putting blames on scammers at all times will not change anything, rather we ourselves should work on changing the ways we do things, so that we do not fall victim of them again. We also need to continually learn new things as they unfold, because these "people" are also devising new means of scamming their victims, most especially when it comes to investments.

To revert it, there is no scamming happens if we never let that to happen us. They continue doing such a foolish thing cause the know that there still a lot of people can be their victims. Though we have a lot of awareness spread out, people never think it instead, they just ignore this. If we could find it whos gonna be blame, it definitely our self not those scammers. We are the one who controlled our self, our decision, and not them(scammers)

[inanilujimi]

Scamers can occur not only because of the intention of the culprit, but also because there is an opportunity!
do not turn on scamers if we are alone who are negligent and easily influenced by the lure that is not possible in the crypto world.
it should be more logical to avoid the fraud that circulates a lot in the crypto world.

[gurunanakji777]

The crypto market has suffered a lot due to the scam projects. Certainly, it has caused a lot of damage to investors. So now investors are afraid to invest money in new projects. Good projects are also struggling in this cycle because now investors do not believe too soon. I can say until trust is built in the minds of investors for the crypto market, then we cannot expect much improvement in the market.

[Coltpython]

I couldn't have put it better. Scammers are the bane of the crypto community. Investors are more afraid of scammers than hackers because they do not know who to trust and it is affecting the influx of new money to crypto.

[Gotumoot]

The ICO was good at running many people rich because of this especially in investment and bounty hunting, and because scammers ruined the name of other ICOs with real intent to help further crypto growth through their innovative ideas. . So now the bounty campaign and the ICO campaign are hard to trust and I think they will eventually disappear.

[anjiitem]

In fact, when we are blaming the scammers, they are laughing at all, laughing that they can scam us and get the money freely from their victims. And they will not regret or think of our blame. This is so sad.

As we know and sure, scammers are very difficult to avoid or prevent. They are always growing and coming with their new ways. And mostly, they will always get the victims although it probably decreased because of the carefulness of the investors. So far, there are only some ways to minimize being scammed and we also thankful to the board on this forum offering scam accusation, so we can avoid joining in the project as soon as possible.

We need to be more careful when going to participate in new projects or offerings, deep and careful analysis is very important.

We can't eradicate the existence of scammers especially nowadays that going after them is too difficult. They can disappear anytime they want especially if they are operating anonymously. It is the investor's responsibility to do his homework and no one but the investor is to be blame whenever something goes wrong. If you are blaming those scammers, then I don't know if you can achieve something by that.

To remove the scammer itself for the time being it really cannot be eliminated and what we can do as investors is to observe by comparing the scam projects that we have participated in with the projects that we will follow later, see how the project, is it possible to turn into a scam or not and we do what we are doing now only blame the scammer will be endless, what we have to think about right now is how to look for opportunities in the current market situation to still be able to make a profit.

[wack slacker]

The market always has its rules, IEO is just a business model to bring a little attraction to the market. It brings cash flow back to the market but is only a flash, not really long-term value. I feel that pump and dump games have become less attractive. Centralized exchanges need measures to avoid exchange rate manipulation, measures to make cryptocurrency trading healthier.

[albon]

Although scammers in every field, but scammers spread a lot in the world of cryptocurrency and the reason is that the world of cryptocurrency is not central and anyone can hide and there is no authority that can recognize you inside it, No one can erase scammers, but by spreading awareness to people, we protect many new investors and bounty hunters from falling victims to this scam, I think we need many platforms like Binance that have a good reputation for helping crypto field and new projects get investors to trust them again.

[siupang2]

Scammers is always found mate. Scammers is up because of newbie imvestor that looking for good profit in short time. If we clever enough, we can avoid scammers by research. Without research scammers can do bad thing easily

[Nolimitz84]

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

That's why the exchange is of genuine interest to investors.There are actually a lot of investors, but as you correctly said, they do not have confidence, or it just disappeared.So IEO on top exchanges will live a long time.

[btcmurat]

There is a clear way to prevent fraud. Regulation of the market. Extreme volatility should be avoided. This will reduce the likelihood of fraud. Whales shouldn't be able to play with the market so easily. This will have other consequences. Major damages can be avoided. And it is blocked in large snow.

[Kersh768]

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

Totally true. Due to the fact that there are many scammers within the crypto community, new investors who want to try their luck have been victimized, and as a result, it causes trauma and building trust issues which results to another problem that whenever they hear of ICO or something related to that, what comes first into their mind is the fear of being scammed once again so we are losing the privilege and opportunity to gain potential investors that can contribute to the growth of the crypto community. It is really hard to determine a scam at first because they look like promising and really catchy for the eye that is why they are gaining attention from potential investors that it is why it is real hard to avoid them specially if you are new into crypto investment. But admit it or not, due to various cases of scam, it costs too much because potential investors are backing out because of those incidents.

[Balladtony77]

Right now there is no way to wipe off scammers in crypto space and i don't think there will be any solution to it soon, its better to be more vigilante when dealing with new projects, almost all old projects are good and i think they are best safer choice, rely on your research for now and hopefully there will be better regulation soon

[baeva2]

The problem of fraud exists at all times and in all areas of life. The field of cryptocurrencies is a completely new area that does not yet have strict regulation by the states, and this gives more freedom for fraudulent activity. The good news is that this year the number of such unscrupulous projects has greatly decreased and there is hope that investors will return to the crypto sphere.

[Pearls Before Swine]

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

BNB is an overhyped coin, and what do you think would happen to it or any ieo if the exchange went out of business or somehow lost trust?  Do you realize how many exchanges have either scammed their customers or gotten hacked to the point where they couldn't continue to do business?  There are lots of them, which is why I'm not buying into the ieo hype and am not investing in coins like bnb.

There are probably multiple scammers posting right here in this thread, that's how ubiquitous they are in crypto.  I would agree that they're to blame for the ico market crashing, and in my opinion it couldn't have happened too soon.  There aren't any projects worthy of investment even if they aren't scams to begin with. 

[alrose]

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

In principle, most investors have already switched to IEO on Binance.Still, the chances of getting to the scammers much less.

[Bonenx14]

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

In principle, most investors have already switched to IEO on Binance.Still, the chances of getting to the scammers much less.

scammers might be fewer if IEO is on a large exchange but what is detrimental to investors is not only the scammer but the project that cannot develop. so we also have to look at the concept part of the project, because safeguards have been resolved, only the concepts that need to be elevated are higher for the concepts

[Brunus]

Undoubtedly the scammers are execrable characters, and must be punished and eliminated.
But it is also true that the victims have their share of guilt in believing in impossible and unverifiable promises.