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Author Topic: Scammers are to be blame  (Read 1990 times)
cahbagus555
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September 21, 2019, 06:37:18 AM
 #41

Scammers are found in every industry that they can see a way to make money. But what's good for this year is that many of the projects that isn't really looking at the future of their own project has been gone earlier. So, the ones that are remaining now are the ones who are seriously working their asses off for the project they have right now.
The market today is more convincing that it's growing on it's own not because of the hype that it has been a couple of years ago.

I agree that scammers exist in various industries and in many places but what distinguishes those in the cryptocurrency market is law enforcement. It is difficult to catch and punish scammers in the cryptocurrency market because there is no legal basis from the government and therefore we must always be vigilant so as not to get caught in the scammer's trap
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September 21, 2019, 07:09:00 AM
 #42

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.
as he said, it would be very good when all markets to do IEO manage and research projects that will do IEO on their markets, such as binance. not only benefit their own market, but also that will make IEO become more popular and even potentially to exceed ICO in 2017.

unfortunately, we cannot stop scammers. there will always be people who want to take profits in that way. however, we need to be smart investors, who invest in the right things. I just hope that in the future, all markets will become like binance, or even better.

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September 21, 2019, 07:15:43 AM
 #43

Scammers are the cause of the fall of ICO, it stops the rise of the new great project due to lack of investors.
If we had a great 2018 we might be at the top now or BTC price is more than 30,000 USD each.
But lets not just focus on scammers why price is low now, we have now governments who wants to stop cryptocurrency.

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September 21, 2019, 07:40:39 AM
 #44

Investors and bounty hunters need to watch themselves too, you can't put all the blame on scammers when you are been greedy yourself, learn to pick good projects and you will be scam free, i believe that a solution will arise one day about scammers giving crypto bad name and reputation

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September 21, 2019, 09:13:56 AM
 #45

Scammers are the cause of the fall of ICO, it stops the rise of the new great project due to lack of investors.
If we had a great 2018 we might be at the top now or BTC price is more than 30,000 USD each.
But lets not just focus on scammers why price is low now, we have now governments who wants to stop cryptocurrency.
Yes scammers is ONE of the causes of the ICO decline, project like Benebit and a lot of them caused a negative outlook towards cryptocurrency and scared off a lot of crypto rookies. As they've lost their assets many of them would hardly ever return to crypto.
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September 21, 2019, 10:11:45 AM
 #46

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

There lots of crypto scammers
They make money for create airdrop bot project  on telegram and they request eth...some users trusted to any project and they  buy any shit token.. i lost lots of money because i did trust to any project..don't trust to any project


U can buy any good currency like btc ethereum ltc

U can invest on Counos Coin

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September 21, 2019, 10:16:41 AM
 #47

There is no way to get rid of scammers, with regulation it will only reduce a bit, scammers are always smart just like hackers too, they will always find a way to cheat on new crypto users mostly because they know that newbies can't know it all, newbies are always too eager to make money so that is a big weak point.

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September 21, 2019, 12:28:44 PM
 #48

As long as there is money involved, there are always scammers involved too. It is normal already in every industry that involves money.

In my opinion, it is not the scammers only who are to blame here but also the investors who are throwing away their money without doing a proper research and they are just investing because they got attracted with the sweet words of the investors. If there are no investors to be scammed, there are no scammers.

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September 21, 2019, 01:05:35 PM
 #49

This is near impossible to achieve in crypto space, this is online digital currencies we are talking about, its freedom based compared to fiat, we have real life scammers as well that will use their brain to scam you neat, before you realize what happened its already in the past, there is no way to stop scam artists

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September 21, 2019, 01:11:14 PM
 #50

Actually it is rather difficult to keep scammers away from new investors, because they do not know more and it is easy to be deceived by several bullshit promotions. Some of them even succeeded in making fake projects and creating campaigns to spread their promotions.
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September 21, 2019, 01:22:49 PM
 #51

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 there people who are not so dumb and really fall for this scammers trap, then I don't think we will have scammers around the crypto space. The problem is that there are so many beginners in the crypto verse that scammers can easily get to them and became their victim.

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 one example of the leadership that we need today. They have set the bar so high right now specially with their IEO launchpad.

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September 21, 2019, 01:33:41 PM
 #52

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
You just can't "erase off" scammers from the internet. There will always be scammers out there. It is just that you have to be careful when surfing the internet. Just be extremely cautious when dealing with anyone or investing on anything. Analyzing a project is also actually a part of your investment. And why are you blaming those scam projects for the low price of the alt coins? You should be blaming those people who encourages those scammers (like through investing on those project even though they know it is going to fail but greed got them good).

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September 21, 2019, 01:46:40 PM
 #53

Only if I could, I would. I would erase them but even we, cannot. Not only in cryptocurrency but in this world, scammers will always be there to take advantage just for their own benefits even if it means of oppressing someone. It's also one of the reason why people are afraid to engage themselves in crypto, because of the risk and scam. It only put negative impact on crypto, but it's not crypto you should be afraid of. It's the people. We cannot remove them, so the best thing to do is to avoid them. Prevent yourself from getting scammed

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September 21, 2019, 02:05:23 PM
 #54

as developers to work on distinctive on customs of initial strategy the use to helps as disposing of fails on risks as referring notables on excess to work on evaluation with the modest on limit as entrance on field of stages with compliance.

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September 21, 2019, 02:28:10 PM
 #55

SCAMMER and ETH platform, these two are the key to why crypto space is failing right now, I agree with you that if we didn’t have anything that has to do with scammer, ICO will still be booming right which we know and all believe that this was the catalytic factor that gave rise to the bull run of 2017 which many investor were all encouraged then, before scammers started to discourage majority of them about ICO and not many of them wants to even hear of it.

Where I blame Ethereum is that Ethereum platform was being known for these ICO production in the past, and they have actually come up with good project, but the moment they notice that scammers have already hijacked their system , I expected that they ought to have stepped up in their game and be like binance.
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September 21, 2019, 06:27:58 PM
 #56

Scammers are the major problem of todays crypto. In my opinion, if there would be less scam projects in the industry, we would definitely reach the mass adoption much faster. People are afraid to put their money into crypto, because of its bad image.

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September 22, 2019, 01:42:29 AM
 #57

The fact is that, scammers will go to the field where there is a good money. And that includes crypto industry. And with so many scammed projects related to crypto, investors tend to be vigilant which projects is really worth to invest in. The reputation of ICO projects was ruined by fraud people but let us not forget that there is still sincere projects that are being created and become successful.
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September 22, 2019, 06:13:02 AM
 #58

Scammers are the major problem of todays crypto. In my opinion, if there would be less scam projects in the industry, we would definitely reach the mass adoption much faster. People are afraid to put their money into crypto, because of its bad image.
People are still afraid to invest but things have change since IEO took over fundraising since the beginning of 2019, people have become less scared of crypto investment since then, thats why we see IEO projects selling out in seconds to minutes on big exchanges

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September 22, 2019, 06:27:09 AM
 #59

You can find scammers in every sector and cryptocurrency is not an exception. The most infamous financial fraudsters (Bernie Madoff, Matt Jennings, Wendell Jacobson, Joseph Blimline.etc) had no connection with cryptocurrency. But then we need to introspect why the incidence of fraud is so prevalent with the cryptocurrency market. They are not only affecting the popularity and acceptance of the new coins, but they are having a negative impact on the established altcoins and even on Bitcoin.
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September 22, 2019, 07:47:26 PM
 #60

Scammers recapitulate to be ghosts in the crypto industry.  And they are everywhere. It is challenging to identify them. The principal capital to avoid them is with awareness and accuracy only. The investment industry through ICO continues to slump away because 75% of the projects are scams. ICO era ends with the presence of  Binance IEO launchpad, which is safer and has a positive ROI trace.

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