Why I think all crypto is scam

[ragavancoin]

Those are the strategy that they are making, they want to look it legit when their purpose is just to scam.

however, I won't agree with you that all crypto are scam because there are still few that survives until now which they get the people's trust and support.
Take it for example, Binance coin, IIRC, they also had an ICO following the same scenario you've mentioned, but where they are now, they have a real used case of their project, their exchange is very popular and we using it now and benefiting from it.

Yes not all crypto are scam, new projects are most likely to become a scam. Saying a good project on day 1 is too risky, you must test the water first for you not to lose big. If the project extended so many times and keep on promising, then its a scam. There’s a lot of established crypto already and to make money with them is very easy so its not a scam not unless you are fooled and be a victim of scammers.

New or old projects could be scam as well, there are projects that looks legit in the beginning but actually they don't have a good future plan and they just stop and leave the market, there is no assurance, even if we think that a certain coin we are holding are legit and has a potential in the future, we can never ensure that by holding it longer, it will guarantee to make us profitable.

There's still a big risk in investing here, but at least we should know when to get in and get out, that's how the best strategy to apply.

Yes. I agree with you because all crypto is not a scam. Because, if everything is scam how do you work on crypto 
and investing. There are some projects which is scam.

Before you proceed to do crypto investing  you need to check out the project which is scam or not and then proceed your invest.

[Obito]

Crap ideology, crap claims yet they still got the decency to even extend fund raising over years. Selfish people it is, they bring greediness to the other level lol. With these acts leaves a people a mark that they will surely bring on their entire journey in crypto world. Sometimes it made them afraid of something of projects who are real and trustworthy.

[Nguyenthanh2391]

Do you think you were too negative? try to dig deeper and think more positively about cryptocurrencies

[electronicash]

you can call it scam of course all the ICOs team needs money.

well if its the programmers that control all these then the consensus isn't going to be needed anymore. what about the project where the developers had disappear while the project is completely owned by the community itself. a project where only the community controls could be the ideal one, no website at all but a program to be installed in the computer that connects us all peer2peer.

[KillerInk]

You consider that all cryptocurrencies are scams, I disagree at all. All these announcements and routes are not bullshit at all. It's just that we don't fully understand its effects and benefits.

[kodtycoon]

not all crypto and the history you mentioned are only popular in new projects, basically most of the new projects are just scams and i admit that. but when it is aimed at the top coins then i don't think so, because there have been many who have adopted it on many platforms even though its use is still not as wide as expected but at least that is proof if the top ranking crypto has greater potential

[duuuuude]

I agree that fraud in cryptocurrency takes up a lot of space but on the other hand, many of them are not scammers at all, they are rather incompetent and inexperienced crypto enthusiasts who thought that they would succeed but in practice it turned out differently.

[Fappanu]

Not all crypto is a scam and some have just hit by the bear market effect so they have difficulty to recover. And I think most scams now come with new coins / tokens that run fake ico, and fake bounty campaigns like you said. And it should be that we now avoid participating in such campaigns to invest money in the hopes that we will make a big profit and in promoting it because we know that the more people invest, the better our chances of making big profit.

This means that we should stop participating in such ico campaigns that have nothing to do with crypto development. Forget about making a big profit and think about the future of crypto if you were just consumed by shitcoins. Imagine the future if more people were to survive in this system do you think will the victims of the scam still have interest in this crypto market?

[perla]

Don't forget if bitcoin is cryptocurrency too. I think generalized all crypto only because of new project is not a good thing. Other coins proven that can give benefit for people too like bitcoin and Ethereum. If trapped to scam project, so it means we not analyze it deeply and i think learn and make more research is better than make conclusion only because of that reason.

[biddicoin]

It depends on the person perception, for some that was victim of scam, cannot understand trading, didn't earn from bounty, didn't understand the technology and what blockchain, smart contract really is. But for the opposite person, those who are earning from those stated, for those who earned a lot from investment has a positive feedback and they think that crypto is not a scam at all but it is a modern 'gold'.

You think, if the person can understand trading, earn from bounty, understand the technology and what blockchain, smart contract, so he will have good perception. and the person who isnt, will have bad perception, right?
But, This is not about "How to make money in crypto" but "How useless crypto development"
You can read the OP post, it tells us reason why crypto development looks useless, just meaningless without any adoption

[#Darren]

I am getting disappointed in crypto currencies every single day, but I still believe that the new altcoin season would arrive. Something is telling me that it cannot end like this and wee would have another great journey one more time.

[jets567]

Scam is one of darkest side of crypto-space and most of the altcoins has no real use-case at the moment but it doesn't mean that crypto is trash because it's still evolving and continue to find it ways to be more useful for people. It may take years from now but I believe that the day will come where crypto is fully adopted globally and when that day comes you will see the true worth of cryptocurrencies.

[bitLeap]

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

very silly opinion, if indeed you are a long time member you will know how to judge a project, the problem of the roadmap is indeed the schedule or future plans for developing a project, every plan does need a schedule,

so if you judge/see the first project not in terms of the roadmap

[celot]

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

very silly opinion, if indeed you are a long time member you will know how to judge a project, the problem of the roadmap is indeed the schedule or future plans for developing a project, every plan does need a schedule,

so if you judge/see the first project not in terms of the roadmap

Roadmap is most important thing how to make investor trust with ICO site, during with roadmap schedule is destination from investor become investor with some ICO project, but we find many ICO never allowed how schedule planned with always delay from distributing bonus coin for investor until delay for listing with exchange.

[ven7net]

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

Hmm, maybe you are right in something, but I don’t think the whole creep industry is scam. Also, I do not think that the completed program in one month can be taken for use by banks or other structures. As far as I know, all that we see right now is startups, which are watched by large players and when a promising development is revealed, they just buy it for themselves. Now there is no need to spend a lot of money and time on the development of a particular platform. Ordinary people create all this, and you and I raise all this to the surface. Already from the surface, large players find the best and take it for themselves.

[Pearls Before Swine]

A team of good programmers could develop a blockchain which can replace banks and paper money
in a month.

But they can't do that and if they could it would have already happened with bitcoin.  Banks probably won't ever be replaced by crypto and even if they were to be, it would be an incredibly difficult transition and a drawn out one at that with much political fighting and turmoil.

I disagree with op's take on crypto, but I do agree that most new coins and especially tokens that come out aren't worth owning, because they don't offer any improvements on what's already available.  But it does not matter if there is no adoption in terms of spending crypto for goods or services.  Bitcoin/crypto still have value, and the market agrees with me.  Because of that, they can make you money.  And if you wanted to spend bitcoin on something, you certainly could.

You are absolutely right, most of the projects are bullshit.

Agree.  But this doesn't mean that *all* projects (coins) are bullshit.

[dnsokoljuk]

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

Disagree. That is true - most project only for grabing our money. But if crypto scam - than BTC scam. Why we don't say that fiat is a scam? It is only paper even without gold support.

[daarul50]

Though you are right, but some projects really trying hard to make a big step in the crypto world. I have seen some projects who keep updated their community with all the latest updates about their products and use case! Though most of the projects failed later, but we can't ignore their hard work. Many good projects already achieved what they deserved! Like ONE, MATIC, TOKO are new projects but if you follow their update channel then you know they are trying to make the vision possible!

and guess what is the irony? those projects with real use case and vision to change the world get abandoned.

the real project tend to offers less profit in the short term as they are focusing on the long term utility so it is not surprising that not much people get interested in the real project and prefer to choose a project that offering a non sense return, non sense promises.
you are the one who choose to get involved in the fake project , still blame the whole cryptocurrency space concept, what a tenacious dumb lol.

do a research thoroughly and invest with a mindset to not making money, you will find peace with this.

[Kezacky]

I do not agree that all crypto is fraudulent, in theory each project has a different concept and plan from one another. the project has a product development structure in accordance with the plan in the project WP / Roadmap. the project can run well if the developer can do it right. The point is that project fraud or failure depends on the developer and how much they care in developing products for the market, the opportunities for project success are wide open. it's just that now many new developers no longer care about previous projects.

[SolarWindMiningCompany]

First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.

I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers? 

Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.

Lol. Quite hilarious. Frankly, 99 percent of all cryptocurrency projects are profit oriented. This speech "we are doing it for the tech" or "we are here for adoption" are all bollocks created to deceive unsuspecting members of the cryptocurrency ecosystem to buy their coins while they smile to tether. Do the best you can and never forget to look after yourself in crypto. Once you waste time in any trade, chances are you might get dumped om