Why I think all crypto is scam

[SolarWindMiningCompany]

Crypto might be regarded as scam because it is largely a profit oriented endeavor where over 90 percent of the developers launch their coins solely for profit, especially in an unregulated space and in most cases in a fraudulent way which entails luring unsuspecting victims to give away their fiat for a blockchain crypto tech assumed to be a major key player in the financial scheme of things of the world bodies in the future. So while I am pro crypto and doesn't subscribe to the saying the crypto is scam, I still don't blame any individual who thinks otherwise

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[makolz26]

I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.

I believed we should also blame some investors too who invest in those ICOs and IEOs They are always after the juicy bonuses churn out during pre-ICO not minding the viability, reliability and credibility of that projects while the team of those ICOs are after money invariably after raking in millions of fund they would run in thin air thus the project becoming scam this had been painting investing in cryptos in a bad light.

we cannot blame investors, investors also seek profits in that, the bonuses offered by some projects are more than 50%,
and that is the fault of the project itself, why? the system provided is very bad, if they limit investors in taking bonuses it's good,

Majority of crypto were scam that's why we cannot blame the OP and the investors to have this kind of conclusion that crypto is a scam. We cannot force him to believe us, let's just be happy and contented for now that the real projects are the one who are topping in the CMC and those shitcoins are dying, for sure one day CMC will be able to removed them.

[Emilyearl]

It's sad little attention is paid to project attitudes after ICOs. Forks come from greed because already existing blockchain can be upgraded, for more scalability than forking the chain. The new chain doesn't replace the old chain, it doesn't take the function of the old chain rather it starts a new idea which isn't good for the space.

[Mia44]

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.

Hi Whotheff,
Congratuation!! You passed the FUD and FOMOs test! This is the test use for showing which users is good at checking the project. You know why all projects now have the name : Shitcoin. Bitcoin, also, is a shitcoin. All what devs do is trying for taking money from everyone (Except PAWS, which is use for charity). So better for you is out of Shitto and choose another market to join in like Forex

[SabrinaBianka]

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.

Exactly man, Many coins are pretending to be a long term but once we ask them if how long their project runs they can't explain all the info. The lesson is we need to know all the way if how long and until when this project exist or what is their plan to say that they are stable. So they can run or scam us anytime they wanted if this after 2 year before to run or 5 years right?

[Mia44]

I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.

What you say is often the case at the moment, but we also cannot judge all IEO or ICO projects as such, because there are also many good and good projects for IEO and ICO to follow.

Hi Tiang-tower, sorry if I telling anything that make you uncomfortable, but really, IEO and ICO is created for taking money from users. Devs will create a good roadmap, good revision, and many more think to make everything think that this project is good. But but actually, all the money you earn from IEO/ICO is take from another users!! So take care of these shit!

[Jakral]

The bitcoin is a pyramid. When people start working in this business, a few % of them will be wealthy and the rest of them will be miserable.

[bitvalak]

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.

Because that's where the actual opportunity to get a lot of money for them.
Making a fake project and then launching it, once they enter the market they are just waiting for profit taking, no one knows how many tokens they have at launch.
About Roadmap? only 10% can actually go according to the schedule, of which 90% are just an excuse to go on longer and then the project is closed.

[aramine]

The pure truth is that crypto is a game of scam and many only stick to it just because of the possibility of quick money. The technology we are promoting is transparent and have what it takes to transform the world but human factor of not being able to do the right thing in an atmosphere that doesn't force them to be accountable of their actions is the shortcoming of this industry

[Anonylz]

Better to make reference to alts rather than generalizating it, if you say alts are scams i won't argue that excluding btc,  most alts are nothing but empty promises without nothing to offer, the only thing good about alts is to sell at the right time, ones you miss that opportunity, it will hardly comeback, something i have learnt from experience.

[kerjakuat]

The pure truth is that crypto is a game of scam and many only stick to it just because of the possibility of quick money. The technology we are promoting is transparent and have what it takes to transform the world but human factor of not being able to do the right thing in an atmosphere that doesn't force them to be accountable of their actions is the shortcoming of this industry

So everything that's happening right now is a scam way to get people to believe in all this. This is very surprising and just thought by me.

We all believed that cryptos might can change our life someday and to be honest it just like a quick money making if we do it correctly.  I believe that peoples will accept cryptos and will be use on all around the world without banning it.if this happen bitcoin and other cryptos will pump up for sure.

[nekonyun]

actually roadmaps are important because the roadmap is a project process that will be passed, but the main factor is true, the people behind the project are the main key factors of the project success

[dataispower]

It's sad little attention is paid to project attitudes after ICOs. Forks come from greed because already existing blockchain can be upgraded, for more scalability than forking the chain. The new chain doesn't replace the old chain, it doesn't take the function of the old chain rather it starts a new idea which isn't good for the space.

I like your candid opinion, honestly most project developers are just in for the money. I've been wondering why forks occur when the original  blockchain architecture can be improved. It all boils down to greed like you mentioned. Too many projects sprouting on a daily won't help this space, we need quality projects even if there are few.

[BeginToMine]

Not all are scam but what we have to do is to always conduct our research before failing in wrong hands as some project owners will dump and leave the system to another project so let's always try our possible best not to fail in wrong hands.

[Pinkris128]

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.

2018 really did a number not only in the reputation of ICO, but the whole industry of cryptocurrency. Indeed, most project failed and even more are planned to fail in the first place. Yet, there are still few that have great potential in the market but there is no spotlight for them. There are too much for them and too less people in the industry to support all of them.

[enwi]

not all crypto is a scam, it is true at this time many projects by issuing crypto themselves and some of them do have some nonsense but some are successful, we need to know that bitcoin is still the real crypto and not a scam

[BeginToMine]

I know the very big issue crypto is having is lack of regulation especisl IEO and ICOs as many have been a thorn. Investor have lose interest while those still striving are investing with low amount just to avoid more lost. But through it all crypto isn't a sc. It has elivated many financially all we need us regulation to weed if fake and scam projects.

[babicena14]

Of course, the road map and other documents are nonsense. Now investors don't believe the words for a long time. The success of the project is determined by the work done by the team. Now everyone believes actions, not words.

[oscarftw]

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.

Promising process all investors will like. You are getting angry because you lose something. You will change your mind when bullrun will start. Legit project is doing because they couldn't rise enough funds. You are wrong because few developers can't control everything.

[The3max]

I do not think many people will be interested in technology, the roadmap of the project. They only care about its value, liquidity and support team. The project of fraud is too much, goes the announced route, does not pay bounty hunters, does not pay investors, ...