wxxyrqa
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November 28, 2019, 05:34:32 PM |
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You have really pointed out some of the factors to consider on evaluating a scam campaign. It is true that most of the campaigns right now is a failure but not all of it are scam. Some are legit and some are successful too. We just need to choose carefully where to invest and what we need to support.
Fraudsters have become smarter because they are finding new ways to trick an investor. Nevertheless, the main problem is to find a real promising project among all existing today. I think that you need to choose according to the most important criteria, which consist of how much the project will be in demand in society and whether it will be applied in practice in the everyday life of a person.
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kaneki007
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November 28, 2019, 05:39:35 PM |
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yes even a real project and already launch are turning out to be scam after they launched but the project failed and they don't continue anymore with the development, they are just after the fund that they have raised in ICO/IEO and the token they dumped in exchanges, most scam projects are like that they are using professional dev, admins, marketing to look like a legit one.
We often see this and that is the reason why some people think that crypto is a scam. If someone is more careful in investing it might be affected by a scam that will never happen and will definitely do research before investing
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Marble777
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November 28, 2019, 06:34:51 PM |
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Well, the analysis is that the road map of a project cannot run well when they start developing a project and in fact there are also many projects that always fail in planning and the results they decide on their projects not to proceed for technical reasons and various reasons, but we also can't close our eyes and give all the scams because there are still many developers who actually develop their projects.
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mayukus4life
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November 28, 2019, 07:05:52 PM |
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If you say all Crypto is scam then you have succeeded in adding the father of cryptocurrency (bitcoin) to the list and in essence you know BTC is quite distinct amongst them all. That been said, majority of these cryptos are actually scams with the intent to defraud unsuspecting public. As you rightly mentioned most of these roadmaps are just a way of buying time because the team knows they will not fulfill those goals as stated. Crypto still has a long way to go to be fully adopted, so many persons see it as a means of earning for now. Some can write awesome whitepapers with nothing tangible afterward to show after collecting monies through ICOs and other means.
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sapnu
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November 28, 2019, 07:20:08 PM |
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yes even a real project and already launch are turning out to be scam after they launched but the project failed and they don't continue anymore with the development, they are just after the fund that they have raised in ICO/IEO and the token they dumped in exchanges, most scam projects are like that they are using professional dev, admins, marketing to look like a legit one.
We often see this and that is the reason why some people think that crypto is a scam. If someone is more careful in investing it might be affected by a scam that will never happen and will definitely do research before investing At first, when I heard about cryptocurrency, the first thing come into my mind that it is a gambling or a game or what, but when I asked my friends about it, I don't really understand what they are saying until I started to use it by learning on what tips they have said to me, I am actually joining particular bounty campaign to earn crypto and in order to choose some projects, I am making sure that the particular project I want to join in is legit and they will pay me when I do the tasks. I can recognize that by looking at their website and especially in their whitepaper.
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satgoldan
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November 28, 2019, 07:26:21 PM |
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It seems to me that you are right on the one hand, and wrong on the other, because not all projects do not fulfill their promises, for the most part, yes, but there are a lot of small projects with a narrow circle of investors who drew on their roadmap real promises that can be fulfilled in the realities of our world and they fulfill them. Yes, and we should not forget about such large projects that are now in the top 10, such as ETH, BNB, XRP, when it all started with a road map, and everyone knows how it ended. The main problem of investors is a rush, it is necessary to thoroughly analyze projects and need endurance.
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ableh
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November 28, 2019, 07:44:06 PM |
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If you consider all crypto is scam, but until now you still have them, that means you are a hypocrite! As we know, it is true at this time the most crypto are useless (do not have any real functions) but as long as it is still profitable to make fast money I think this is no problem. Because the important thing is never to get lose, right?
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ganeshramk
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November 28, 2019, 07:45:17 PM |
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I am not sure whether all the cryptos are scam. There were some projects which started in early stage of the crypto are real. But only some projects. Most projects that came were scams only. Just to make quick money.
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AjithBtc
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November 28, 2019, 07:55:19 PM |
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I am not sure whether all the cryptos are scam. There were some projects which started in early stage of the crypto are real. But only some projects. Most projects that came were scams only. Just to make quick money.
Yes, there were more projects that are much about making quick money. For this reason we can't term each and every project to be a scam. When we talk about scam I've come across projects that run away from the Roadmap but they keep working on it. This is happening with projects, and think of xrp. For years it wasn't known to the world, but sudden growth took it to the top.
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GrosWesh
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November 28, 2019, 08:21:21 PM |
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I do not think that all projects are scams, although what you have mentioned is valid for many of them. I think it is necessary to be discerning, it is probably the most complicated part to bet on good projects.
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minairia3
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November 29, 2019, 01:41:34 AM |
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I feel like you've been scammed big time or invested on some crypto and turn youre anger here in forum big time. Relax men, what you have said is right but dont jump to conclusion, there are still some crypto that blooms even their comes from an ICO. Eth before is an ICO and see how it grows. The roadmap is on their timeline and getting better. How come some project like that could scam us. Maybe for new projects.
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TinaK
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November 29, 2019, 08:08:50 AM |
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You may have any explanation but we will not believe that still some good stuffs are need to be work on price change and investment amount based on that.cryoros are good as well as bad projects are running in the market but market for the crypto never ends we people need to work on the and learn more about the scam attempt to leave it.
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alan2here
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November 29, 2019, 09:19:18 AM |
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I feel like you've been scammed big time or invested on some crypto and turn youre anger here in forum big time. Relax men, what you have said is right but dont jump to conclusion, there are still some crypto that blooms even their comes from an ICO. Eth before is an ICO and see how it grows. The roadmap is on their timeline and getting better. How come some project like that could scam us. Maybe for new projects.
In my opinion, I should spend more time researching that project and have a specific plan before investing to minimize risks. I think any investor will have a few times investing in a number of scam projects and this is inevitable because investor sentiment is very easy to manipulate when the market starts to rise. This year, there were hundreds of different new projects, but those projects soon went bankrupt because no investors were interested. Currently, at this stage you should only hold Bitcoin or Ethereum to earn the highest profit.
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Jercyhora2
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November 29, 2019, 08:20:28 PM |
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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.
Not all, the funny thing about this is there is coins that looks like scam but actually survive. but that kind of coin is facing intense problem on crypto world on how they manage to survive in the next month or year mostly this moment our market is in bearish stage. Maybe lots of worthless or no actual utility uses coins are ending up of windled but not all.
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baeva2
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November 29, 2019, 08:44:04 PM |
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I also came to the conclusion that basically all crypto projects are fraud. I took part in bounty projects for almost two years and, following the fate of these projects, I see that not one of them has received its further development, even those projects that at first showed themselves as successful today turned into nothing.
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Blue_oxen
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November 30, 2019, 07:33:37 AM |
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Not really everything, but most of them are. The highly anticipated projects such as Bittorent, Matic still do well in their stages and they deserve the trust of many investors. The most recent we can mention Rune and Cosmos. So the most important thing is that we need to choose the right project to invest. I know that this market is full of scams but if you need to invest, you should invest, only one chance. Anyway, we still need to learn more from the right investment experience, don't let the scam projects continue to take our money.
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Smitty Werben Man Jensen
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COMBONetwork
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November 30, 2019, 10:56:21 AM |
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Not really everything, but most of them are. The highly anticipated projects such as Bittorent, Matic still do well in their stages and they deserve the trust of many investors. The most recent we can mention Rune and Cosmos. So the most important thing is that we need to choose the right project to invest. I know that this market is full of scams but if you need to invest, you should invest, only one chance. Anyway, we still need to learn more from the right investment experience, don't let the scam projects continue to take our money.
RUNE and Cosmos are already familiar to traders today, if you look at prices on coinamarketcap, RUNE has increased quite high by 25%, and is able to get into the top 200 coinmarketcaps, but in terms of trust I cannot guarantee that RUNE will be like Cosmos, because RUNE is still new in the crypto currencies
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HabiebRiziq
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November 30, 2019, 11:00:53 AM |
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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. This is indeed often the case in cryptocurrency where many people easily believe and are interested in investing in new projects where the project has only been running for a while and it is true that we must test or at least observe the project before making a decision so that we can judge whether the project is possible to become a scam project or not.
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espressodoppio
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November 30, 2019, 11:36:16 AM |
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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.
Unfortunately some countries banned ICOs so these "fake projects" can't scam people out of their hard-earned fiat. On an additional note, some replies also mentioned use IEOs. However some of the same countries are also going to ban or have already banned them. You may want to research tokens or STOs (secure token offerings) that are tied to legitimate startup projects. Those may be of more interest to you. I also thought that all virtual coins and their projects were a scam until recently. Then I started researching STOs with real-world business applications and attending a few AMA sessions headlined by these startups. Those really informed me that some projects are really trying to solve challenges in business, medicine, the arts, etc.
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November 30, 2019, 11:50:50 AM |
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Its harder these days to point out which is purely scam and which team is at least trying to survive. In olden days there were gimmicks to get registered allot of users and show the world that you have a community and the project is famous, even that wont work now.
This is another main issue or we may call hurdle in order to be genuine crypto promoter. Most of the common people think like this and make our life hard.
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