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Author Topic: Stop shielding Scam,fake, or unproductive altcoins project  (Read 365 times)
BIT-BENDER
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December 19, 2019, 11:09:20 AM
Merited by CryptopreneurBrainboss (5), tk808 (3)
 #1

With what I can understand what altcoins are now wasn't what they were before, it was more productive, more realistic and made getting on board cryptocurrency more diverse you don't always have to base on Bitcoin.
 But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.

While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
 By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course
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December 19, 2019, 11:37:07 AM
Merited by tk808 (2)
 #2

Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam

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December 19, 2019, 11:55:20 AM
 #3

Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
It's their way to attract more investors, they keep on giving them promises and sweet words to make them fall and you can't easily noticed it until you have done your own research. There are a lot of scam project these days that can make you ask yourself if it's legit or not because some of them sounds too good to be true that is why we have to be cautious and attentive particularly on making decision on where we can invest our funds.

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December 19, 2019, 12:07:33 PM
 #4

actually our goal of supporting, investing, and also making a project have a volume in the market is for their project to succeed and we both benefit. unfortunately if they do a scam, all people who support get big losses, from the time to the money we spend to support them. all of this happened because it was indeed difficult to know whether the project would later be scammed or not. we cannot fully blame investors because behind the ongoing project is because of funds. investors dare to put their funds in because they also have high hopes, even though the irresponsible team fled.

there are several ways to reduce this, for example a selection before actually investing. or the investor must be more selective before putting their money in to support a project.

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December 19, 2019, 12:28:35 PM
 #5

Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
in my experience when looking for a project that in my opinion is not a scam so far, these projects make subtle project details, starting from the concept of the project and the video and looks very real. What's worse is when many investors support it and even investors could take advantage of the project and eventually scam


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December 19, 2019, 12:50:13 PM
 #6

Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
in my experience when looking for a project that in my opinion is not a scam so far, these projects make subtle project details, starting from the concept of the project and the video and looks very real. What's worse is when many investors support it and even investors could take advantage of the project and eventually scam
another thing is we do not know which project will bring us a financial gain and which one is not. I am completely sure nobody wants to support a scam or a shady project, it is just they are concealing it very well with their superb presentation and concept. we have fallen for these kinds of projects multiple times, but people just kept falling for it again. it happened because they made it look like a real project. it is extremely hard to differentiate a real project and a scam project.
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December 19, 2019, 01:05:43 PM
 #7

Scammers really know how to hide their true intentions here. That's why it's very very difficult to figure them out in the beginning. So others might support them without knowing the truth behind. And everything is too late before we realized what had happened.

But there are lots of members here who are trying to help us out. You can go to Scam Accusations and see that they are really doing their best, countless hours of investigations and them exposing them as early so that no one will fall for their trick.


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December 19, 2019, 01:13:31 PM
 #8

I agree that we need to stop promote scam project, but wait is it easily to stop? I dont think so, a scam project why try to make everything look real and a normal investor/ bounty hunter can not even know. I think the only way to prevent scam project and keep our money is yourself. You must have duty with your money and use it wisely.

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December 19, 2019, 01:34:42 PM
 #9

At least we can anticipate or minimize the scam project by stopping promoting unclear projects, it is true that the recent scam project is getting neater and smoother to find the next victim.

I wonder their ideas are brilliant but mostly scams, is crypto currently there are no new ideas supported by legitimate people? and why is it filled with scammers? Yaps, it's important to realize that crypto is in the developing stage, so fans are currently trying hard to fight the tide that is only destructive, at least you can find on the board the allegations of fraud and see if it's on the list, soon maybe stay away.


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December 19, 2019, 02:05:46 PM
 #10

another thing is we do not know which project will bring us a financial gain and which one is not. I am completely sure nobody wants to support a scam or a shady project, it is just they are concealing it very well with their superb presentation and concept. we have fallen for these kinds of projects multiple times, but people just kept falling for it again. it happened because they made it look like a real project. it is extremely hard to differentiate a real project and a scam project.
this is reality and I'm sure everyone will think that most such projects are really real, but in the end everything is reversed, not as we hoped. what happened last year and this year was like that, I was repeatedly caught up in projects like that because the ratio was quite large 1:10 (1 real, 9 fake) and yes, now I no longer believe and will not risk following investment

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December 19, 2019, 02:07:51 PM
 #11

The scam altcoins has affected the overall market value of altcoins.
Not all altcoins are scam but majority are, that's the reality and that's the reason why people choose to invest bitcoin over altcoins and with that reality, it will be hard for altcoins to grow even if it's legit if Bitcoin will not have a bullish run in a stable manner.




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December 19, 2019, 02:08:11 PM
 #12

No good person will want to support a project that is built to fail. This is why I appreciate ICOethics https://bitcointalk.org/index.php?action=profile;u=2204241 for their great job and some BTT members for always red trusting scam projects, all these are helping to save one from many loss, but they just can't do it all. It's a collective responsibility.

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December 19, 2019, 02:13:53 PM
 #13

Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
It's their way to attract more investors, they keep on giving them promises and sweet words to make them fall and you can't easily noticed it until you have done your own research. There are a lot of scam project these days that can make you ask yourself if it's legit or not because some of them sounds too good to be true that is why we have to be cautious and attentive particularly on making decision on where we can invest our funds.
Yes it is true, many give promises and also sweet words to be able to attract investors is the way they do and because of that I think for the time being there are many new projects that have failed because of not achieving the softcap or funds they need to develop their projects, this may be because investors begin to become doubtful and afraid that their investment ends in failure and many of them prefer to play it safe and invest in the top coins.

 
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December 19, 2019, 02:24:18 PM
 #14

Based on past experience when there was a cryptocurrency hype and few people could understand which project was fraudulent and which was not, you can understand that crypto enthusiasts in the main part were deceived. Now we have become more experienced and now we can talk about it.

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December 19, 2019, 02:27:53 PM
 #15

Stop bounty hunting which become easy tool for anyone to create a crypto project with free of cost and promote it for free of cost but they can able to generate in millions and then ran away.We don't need new projects just be a crypto enthusiast and start promoting other crypto related services.

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December 19, 2019, 02:37:01 PM
 #16

Every big scam projects always have an idea to share, always have something good to offer, if they don't do this how will investors fall for them? Scam projects can't be detect if they are well organized until they turned scam
in my experience when looking for a project that in my opinion is not a scam so far, these projects make subtle project details, starting from the concept of the project and the video and looks very real. What's worse is when many investors support it and even investors could take advantage of the project and eventually scam
another thing is we do not know which project will bring us a financial gain and which one is not. I am completely sure nobody wants to support a scam or a shady project, it is just they are concealing it very well with their superb presentation and concept. we have fallen for these kinds of projects multiple times, but people just kept falling for it again. it happened because they made it look like a real project. it is extremely hard to differentiate a real project and a scam project.
yes it is difficult when we are in love with a project let alone look real or they carry the name of gold in it and even seen vidio mining coins or tokens that look like real. the only way to avoid all that might be true with (cryptocurrency legal documents)


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December 19, 2019, 02:47:34 PM
 #17

products are not real or make you doubt its better to ignore and stay away most of them offer benefits and will attract investors because there is also a manipulation of funds between them (not real investors) ,be careful we are all trapped they are smart but sometimes their intelligence makes them get stuck if you often ask and research a therir project
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December 19, 2019, 03:04:48 PM
 #18



Yeah, but we have to name the projects that are obvious scams and prove it in scam accusations. Asking people not to shill scam projects is too vague, as everything is named as a scam now even if they are just undervalued in the bear market. Also some people might not even know that they are promoting a scam to they need to be informed as well.

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ecnalubma
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December 19, 2019, 03:35:32 PM
 #19

With what I can understand what altcoins are now wasn't what they were before, it was more productive, more realistic and made getting on board cryptocurrency more diverse you don't always have to base on Bitcoin.
 But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.

While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
 By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course
Very true, new projects are filled with scary promises and attractive roadmaps thats what people are buying. The bear market is one way to test crypto projects stability on how will they survive during this type of situation. This industry really needs cleansing, what will be left are probably the gems.
deathcode
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December 19, 2019, 03:43:01 PM
 #20


Very true, new projects are filled with scary promises and attractive roadmaps thats what people are buying. The bear market is one way to test crypto projects stability on how will they survive during this type of situation. This industry really needs cleansing, what will be left are probably the gems.
now investors or people in the crypto market are no longer stupid who are only interested in the roadmap and sweet promises of the project. now the real products and markets are the main consideration. if you don't have it it will be difficult to get investors.
even though there are many scam projects, but you can see and ignore projects like that.

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