Crypto is fake shit

[Teawhalee]

This is simply the impact of uncensored constant production of baseless coins that doesn't have any impact. That's the question every project need to answer. ! Alot of coins are just for decoration and nothing else. That's why it's else to fake things about them on exchange and so on. I believe things will change someday.

[fuer44]

no matter if they commit fraud by making fake volumes or such, as long as they can still make a profit, I think it's still fair and I always agree with the profit that can be obtained from crypto.

[kisfoxs]

For new people, I think it is very natural if you think as you say. I guess you are too quick to invest and it's a bad decision for a beginner. Fraud will continue to happen because this technology is able to provide rapid gains and is now very popular.

I hope you have a lot more to learn and not to make stupid decisions. What I mean the stupid decision is that you invest in a crypto coin but you don't do analysis before that.

[awik p]

in the cryptocurrency business where we already know the background and there are certain parties with large capital who are playing with prices, we must be able to adapt and learn to keep making a profit under any conditions. if it is truly cruel if we hear news of losses suffered by investors, we must therefore calculate the risks and rewards correctly

[mu_enrico]

Yep, the crypto industry (exchange, ICO, tokens) is crap, but it doesn't mean PoW cryptocurrencies without premine, and dev fees (tax) are crap as well. Bitcoin is legit, and pure coins (if any) are legit as well.

I understand OP's frustration about exchange and trading manipulations, but it will disappear as the space matured. Legit crypto is here to stay.

[sidneychange]

Yes. Too many shit coins and lots of fools who always expect for lucky. Scammers keep create their fake coins those make the online markets inflationary and affect to values of true coins.

[inanilujimi]

we are all right or wrong, about how the choice we make depends on ourselves.
same with crypto try to pay attention to you, which more people get the benefits or people who are harmed by crypto ,?

If you are not strong in this market there will be no stopping you to get out.

[Reid]

To OP, how much did you lose to have this kind of grudge against the crypto currency industry?

That is mostly the reason into why madness are seen to people.
Because they lose something on their way to what they think is fast and easy profit.
I don't blame you at all. Happened to me before.
But you will need to digest all of it and move on. You can share your madness here and maybe that will feel a lot better.
But in the end, you cannot just stop. It will be a nightmare if you will. Everyday thinking about how much you lose and not getting it back.

[yohananaomi]

we are all right or wrong, about how the choice we make depends on ourselves.
same with crypto try to pay attention to you, which more people get the benefits or people who are harmed by crypto ,?

If you are not strong in this market there will be no stopping you to get out.

the usual thing that happens when you experience something unpleasant or losers with what is obtained then feel that what is done is very futile and usually blame. even though it must be known that joining crypto means that you will experience something bad or good, all you have to do is respond and try to improve.

I agree with the above if you are not strong enough to follow crypto it is better to avoid it immediately. that's the best way.

[Vishnu.Reang]

I am not a big fan of cryptocurrency exchanges, and the exchange tokens. In the past, I have lost good amounts of money to various exchange scams. That said, we need to differentiate between the good and bad exchanges. Some of the exchanges went down for no fault of theirs (Cryptopia, Wex.nz.etc). And at least some of the exchange tokens (such as BNB) have returned good amount of profits for those who invested in them.

[masterrex]

The whole Crypto industry is shit and absolute fraudulent.

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.
Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

Enjoy getting fleeced around every turn.
If not blatantly robbed you are Trading against them owning billions of Tokens ,Impossible. Any fool can get lucky but in the long haul you will lose.
The system is now to perfect its stupid.

The amount of movement available to them in Markets is stupid now. Every Order has immediate effects that cant be considered normal Trade only fake Volume Trade .
To Exchanges all over i say enjoy robbing the poor but you will have your day in the sun im sure many enemies you make

Thats called frustration it is normal if you are losing something and also if you become the victim of the exit scam ICO and other fraudulent activities, even me I also become a victim of those fraudsters but one thing is for sure I'm not that type to easily give up I was realized that if I'm giving up I have no chance to recover I loses thats simple. so thats why until now I'm still here in the crypto industry.

[minairia3]

If its really fake why so many interested with it? I dont getting the point of such complained from OP which is porbably due to losing on some scam or trading he did with it. I know that we have free opinion here, bur frustration can be indeed in the form of etiquette at least. Yes crypto sometime is very irritating and quite dissapointed especially during those negative bad times we experience but such rant cant prove that this space iant worth it.

There are some who enjoy the profits and earning feom cryptocurrency. Maybe you just need a cool off, to relax.

[Slow death]

The whole Crypto industry is shit and absolute fraudulent.

I would not say that the entire cryptocurrency industry is fraudulent because it would not be true.

- we have exchanges that are good

- we have wallet that are good

- we have good gambling sites

Of course, we also have to admit that there are many meaningless projects

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.

you know that this is a new industry, there is still a lot that will be improved in the future. About the fake volume I think that is what I said, if there are not many people because it is a new industry it would be more than obvious that you would see fake volume. but in the future this will change

Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

when create PTC sites (paid to click) many scammers appeared and destroyed the PTC image

In my country, gold mines are exploited by criminals and the police constantly fight with these criminals, but there are many people who buy gold and don't even want to know where it came from and how it came from.

there are many scammers on the internet that create hyip/ponzi sites. Did people give up using the internet? no!

you can do research and choose good projects and not get involved with projects created by scammers

The system is now to perfect its stupid.

this system works

[styca]

It's not true that the whole industry is bad. It's just that there is little regulation, and a lot of money to be made. Yes there are scams and yes there is price manipulation, but that doesn't negate the underlying use case. Crypto is the best solution to many problems, and is here to stay.

[Perfect35]

The shitcoins created are usually not for long term investment, except for very few handfuls of them. Even the handfuls can bring any form of doubt. The developers know what they are after. Most of the times, they have heir ways, even though it is not 100%.
Those who invest in such sometimes fall victim unknowingly.
We all know they are shit, but we tend to also play smart with them. You make profits a time and sometimes it is the other experience.

[Baby Dragon]

People have different perspective pertaining to cryptocurrency based on their knowledge and experiences. People judged it's capabilities because of lack of knowledge. They don't understand that crypto has advantages and disadvantages. Personally, I think that crypto isn't fake, there are just few people who used it to deceive others just to exploit their funds and assets. Anyway, it is common to make some mistakes, especially when you're just starting your trading journey. There will be some people who will take advantage of you and that's the reason why you need to prepare yourself. Learn the lesson from your past experiences and apply it as you continue your trading journey. Understand that there will be some struggles and the outcomes depends on how you make your decision.

[flagpara]

The whole Crypto industry is shit and absolute fraudulent.

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.
Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

Enjoy getting fleeced around every turn.
If not blatantly robbed you are Trading against them owning billions of Tokens ,Impossible. Any fool can get lucky but in the long haul you will lose.
The system is now to perfect its stupid.

The amount of movement available to them in Markets is stupid now. Every Order has immediate effects that cant be considered normal Trade only fake Volume Trade .
To Exchanges all over i say enjoy robbing the poor but you will have your day in the sun im sure many enemies you make

For everyone his lose is big, he think. You lose your money now you can't call it fake shit. To making fake shit how many people involved here with this 219 billions USD as your research. I'm sure in 2 years your account will tell that cryptocurrency is good when you will earn profits from it.

[whiteblue]

fraud will always exist in any industry and will not be lost.. in crypto scams quite a lot so be careful in investing. Examples such as exchanges that always manipulate volume to attract interest and offer investment with annual profits. entrust your assets to coins that already have a history in the course of cryptocurrency

[Gudubobo]

With this mindset, it's expected most people won't do well in the crypto space. You may have failed in trades, which is normal, I have experienced my fair share if failures in trades too, but that's not to sum it all up that crypto is shit.

There may be scams, but it all boils down to how committed you are to taking your time analyzing projects you come across before investing in them. Crypto might be shit to you, but definitely a great income and experience to many others.

[pgbit]

Yes, crypto has shit people, crypto people are familiar with all kind of scammers, cheaters! Shitcoin and fake exchange are the part of the bad side of crypto, it's normal to have them because In every financial sector has fraud, scammer, so, you should stop blaming only crypto market rather learn well which so you can know which coin is good and which exchange has real volume, so, you won't get scam or stuck!