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Doranile432
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September 20, 2019, 05:17:35 PM
 #1

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?
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September 20, 2019, 05:47:52 PM
 #2



The exchanges who are doing all these IEO will protect you. As good as it may sound, these exchanges are the ones also going to hurt you specially because you are submitting IDs to them. Whoever started this IEO had it in mind to put some strict blows to all. Just stick to the big exchange who does the IEO.

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September 20, 2019, 06:00:05 PM
 #3

If crypto regulation never comes there is nothing we can do to tackle scammers, with even regulations i bet it won't be that effective, scammers will always have their ways to prey on victims, if its a must for you to invest then go to huobi or binance and participate in their IEO projects

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September 20, 2019, 06:01:02 PM
 #4

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?


Then we will get used to today's conditions. Actually, it's not a bad idea. I think the market is not very compatible with intervention. If there is an intervention in the sense of restriction, I think it does not have very healthy results.
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September 20, 2019, 08:11:57 PM
 #5

The space is still young, so also is the IEO,ICO and altcoins (less than 4 years). The regulations may likely start from America towards other countries. The prosecution and discovery going on in the space  will help to enact effective laws that will control crimes in coming years. Since America is leading the campaign it will help the adopt in other smaller countries
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September 20, 2019, 08:23:31 PM
 #6

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?
Simple,don't invest on them because 99% if the time investors will lose their capital so if we don't give any chance for those scammers to make money then we can protect the whole crypto market from the crisis.

Regulations even can't stop them if people keep losing money on their hands.

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September 20, 2019, 09:59:36 PM
 #7

If regulation never come anytime sooner can we protect ourselves?
Protect our funds, yes.
how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ?
Very simple.
Don't join those suspicious bounties. Yes, they might be hiding and disguising but you have to analyze each project and bounty that you join.
I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?
File a scam accusation and warn others about them.



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September 20, 2019, 10:07:57 PM
 #8

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

Regulation may have to come in if we are to see BTC cross $100k. As it is now, governments cannot trust what they cannot control so that future of regulation is bleak unless governments start creating their own cryptocurrency but even that is no guarantee as they can as well ban other coins that is not created by them

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September 20, 2019, 10:20:06 PM
 #9

the safest is to follow IEO on large exchanges such as Binance and HUOBI. Exchanges that carry out IEO with high credibility will protect investors compared to having to follow the ICO which is clearly a hotbed of scammers who are now no longer trusted. The rules made will not affect scammers, we must be smarter than scammers so that the crypto ecosystem does not become a scammer's lair.

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September 20, 2019, 10:25:07 PM
 #10

If regulations never come, there is nothing investors or promoters of a scam project can do rather than to move on. If regulations never come, crypto mainstream adoption won't be possible. I really think we need some regulations since crypto enthusiasts have suffered a lot from fake projects with fake teams. Let's hope things get better in the long run.

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September 20, 2019, 11:21:20 PM
 #11

Don't think negative, regulation will eventually come because crypto market is already getting bigger now.
The government will ensure that people especially the investors will get protection when they risk their money into investments in the space.

It's impossible that the government will not get involve because this industry has grew into a billion dollars industry, there's a lot of money created and they can benefit from taxing the people. As they do their job to protect, they can also get the benefit of it through taxes, so we have to expect for that to come. While market is not fully regulated, we should be smart this time and only choose the investment that we think has a potential, and I think this time is quite safer compared to ICO since crowdsale are done in exchanges.

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September 20, 2019, 11:21:37 PM
 #12

You can still protect yourself and you should not feel worried about that because so many services have been putting their main concern to provide the best audit service to avoid any scam or untrusted projects. But for bounty, you can't protect yourself caused by that depends on how you can try to do the best analyzation to gather the best project.
Just look at the team and what the team has already made.

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Kemarit
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September 20, 2019, 11:24:24 PM
 #13

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ?

We have seen how vultures take advantage of every situations, like what happen in 2017. So It will be very difficult unless somewhat calls the project early and expose the bad entity behind.

I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

This is the only weapon we have, research and educate ourselves and look for tell tale signs of a possible scam projects. This is an open market, so we are like in a jungle, one needs to be careful walking around because there's a lot of wolves in sheep's clothing. Perhaps you can go around the community and ask for their insights if you have doubts about a certain project. There are a lot of experience members here that can smell a scam project from afar.

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September 20, 2019, 11:32:28 PM
 #14



The exchanges who are doing all these IEO will protect you. As good as it may sound, these exchanges are the ones also going to hurt you specially because you are submitting IDs to them. Whoever started this IEO had it in mind to put some strict blows to all. Just stick to the big exchange who does the IEO.

I agree with you and most IEO exchanges will protect you. Well not really you but themselves from getting a bad name if they start running crappy IEOs projects or scams. This is much better than nothing and at least you know thet coin/token will be listed. You are right and these exchanges will have your KYC and this is why I do not believe in KYC and will not join a KYC exchange.

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September 20, 2019, 11:50:06 PM
 #15

If regulation never come anytime sooner can we protect ourselves?

The answer basically is yes. But, it depends on how we receive and do actions, including how our strategy and carefulness in selecting the project, whether it is legit, scam, or failed one. Waiting for the exact regulation may need more and more times, and we can't wait for longer time to protect ourselves.


how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas?

What do you mean of the crypto monster? The scammers?
If related to the bounty itself, choosing the bounty with weekly payment, especially with a top coin or traded coin will be worthier to follow.

I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves?

Well, probably doing research and analysis is classic, but it is really really important to be done.
The analysis is not only to know about what the project offers and how its roadmap, but also analyzing their team whether they are a real person or not, checking the wallet transaction of the project whether it is normal or natural or not. Being active on their telegram channel and other social media will also help up to know more about this project. And of course, it is better to put our participation in the project in which there are the team members that have previous good track records developing the successful projects.

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September 20, 2019, 11:52:52 PM
 #16



The exchanges who are doing all these IEO will protect you. As good as it may sound, these exchanges are the ones also going to hurt you specially because you are submitting IDs to them. Whoever started this IEO had it in mind to put some strict blows to all. Just stick to the big exchange who does the IEO.
Reason why IEO did succeed due to this one reason.We know on what happened with ICO where lots of investors lose up millions of dollars due to these fraud projects.
IEO do have some cons too but it much way more better than that traditional ico we've known. Frauds do still come though even how good it is.
We might not able to see it directly but to those ieo projects been dumping hard we wouldn't even know if that was been part of the scheme or just typical effect of the bear market.

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September 21, 2019, 12:06:26 AM
 #17

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?


Then we will get used to today's conditions. Actually, it's not a bad idea. I think the market is not very compatible with intervention. If there is an intervention in the sense of restriction, I think it does not have very healthy results.

or avoid them entirely.  why risk it if you're already doubtful in the first place. these shitty projects will eventually vanish if people started ignoring them.

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Hallmader
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September 21, 2019, 12:09:11 AM
 #18

If regulation never come anytime sooner can we protect ourselves? how can we protect ourselves from crypto monsters hiding in disguise, especially bounty projects coming into crypto space with full force, any ideas ? I know many are going to say we should do better research before promoting projects, is there any strict blows we can give these monsters by ourselves ?

If regulation is not placed, you are still protected under the law. It does not really need crypto regulations for anyone to be protected against scammers. Regulation is not needed against projects that get investments from people only to end up vanishing after acquiring a huge sum. Regulation is not needed either against projects that use huge popular companies as well as fake identities and partnerships in their marketing in order to gain the trust of investors.

Sue them in the proper courts and they will still be dealt with properly with or without regulation.






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Samboo
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September 21, 2019, 03:16:33 AM
 #19

No there is not any strict measure to protect ourselves from scammers other than we become much aware about crypto fraud, fraud projects. Indeed regulations will help control crypto fraud. Still then there maybe scammers. So it is a better way to educate ourselves about cryptocurrency and do research before investing and doing bounty campaigns.

christian07
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September 21, 2019, 08:00:02 AM
 #20

You need to decide by that or on your own here in crypto if you want to spread,invest in different kinds of an investment,business,services

Then all have high risk so better to accept that because that's how crypto works like this is start like that another thing even it is really like that still some do works like we can earn by risky things or that's the transaction here in crypto

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