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Author Topic: Crypto is fake shit  (Read 1247 times)
Mame89
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March 31, 2020, 05:03:36 AM
 #181

Every user or owner of crytocurrency I think has experienced a variety of bitter and sweet experiences but it would be wrong if we despair and vent frustration here, anyone who wants to get into the world of crypto should first learn the nature and function so that there are no disappointments and complains in the future. .

R


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March 31, 2020, 06:16:36 AM
 #182

The whole Crypto industry is shit and absolute fraudulent.
Not all crypto industry spaces commit fraud, there are still many who can be trusted and make people really hope for short and long term investment, And also the current crypto exchange on the market, which is why everyone should have trade knowledge and also ask about crypto that has good potential for the future before trading and investing.

For beginners learning, asking, knowledge, about cryoto and Exchange is really needed to be able to judge the truly honest, not vice versa.
Carelessness and rash in drawing conclusions when doing business in the crypto world can make you wretched.

R


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March 31, 2020, 07:17:53 AM
 #183

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

I think there is no need to create FUD because cryptocurrency or Bitcoin has survived in 10 years and to this day the price continues to rise compared to when it was first introduced. Cryptocurrency is believed by many people to be a new opportunity and maybe the market cap value will break trillions of dollars

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April 03, 2020, 09:05:08 AM
 #184

Another person who couldn't made any profit from bitcoin or crypto in general I assume? Or maybe worse, someone who has lost money from crypto so far. Definitely a lot of those around, a lot of people who think they should be making money from bitcoin or crypto but lost, a lot of people who wished they got into crypto a lot earlier but couldn't, they are always calling bitcoin fake and dead and stuff like that and that has always been a thing all around the world as well.

Bitcoin moves away from those people uninjured and just continues to make the owners a lot of profit over course of years, I have been involved since 2013 and I have made incredible amount of money from it, not just trading neither, all sorts of working included, so bitcoin and crypto as real as it gets and I am the proof.
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April 03, 2020, 11:44:52 AM
 #185

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

I think there is no need to create FUD because cryptocurrency or Bitcoin has survived in 10 years and to this day the price continues to rise compared to when it was first introduced. Cryptocurrency is believed by many people to be a new opportunity and maybe the market cap value will break trillions of dollars
Agree, we've seen too much FUD in the last 10 years. And it cannot make this market collapse, somehow this market still exists and thrives until now. I believe that in the next few years the price of bitcoin will be 10 times higher than the current or even higher

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April 03, 2020, 03:34:21 PM
 #186

Of course I do not like the table of contents of this topic.  I believe that many cryptocurrency users very much relied on their confidence and on the ads that aroused their desire to earn big money thanks to cryptocurrency.  But the fact is that few people paid attention to the belief of professionals that the cryptocurrency market needs first of all great knowledge, as well as the understanding that the cryptocurrency market carries a huge risk for any investor or trader.  You always need to count your capabilities at their true worth.  I consider myself not a very big figure in the cryptocurrency market, but I managed to earn good enough money, because thanks to the cryptocurrency I managed to buy housing for my family.  I believe that I have already fulfilled part of my plans, but nevertheless I am not going to stop there, because I know that cryptocurrency has a very great future and, with the relevant experience in trading, I can achieve good results.

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April 03, 2020, 05:11:28 PM
 #187

The whole Crypto industry is shit and absolute fraudulent.
Not all crypto industry spaces commit fraud, there are still many who can be trusted and make people really hope for short and long term investment, And also the current crypto exchange on the market, which is why everyone should have trade knowledge and also ask about crypto that has good potential for the future before trading and investing.

For beginners learning, asking, knowledge, about cryoto and Exchange is really needed to be able to judge the truly honest, not vice versa.
Carelessness and rash in drawing conclusions when doing business in the crypto world can make you wretched.
Scamming and fraudulence will never be stopped and will continue to happen in the crypto market if newcomers won't be as smart as the old ones. If they keep on pretending they know the market well just like everyone here, then they will continue losing their funds and being scammed. Crypto investment is always risky for those who never knew it well but for those who are already skilled with it like in trading or gambling, they always make huge profits from it.

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April 03, 2020, 05:12:12 PM
 #188

Crypto investment is extremely dangerous, If you aren't ready for anything dangerous then you shouldn't be here, you can lose all or win big, either one of the two is bound to happen but honestly old coins have make crypto investment safer, with old coins all you need is patience, the right timing

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April 03, 2020, 05:21:16 PM
 #189

It is sad but OP has a point. The only thing real is that the amount of gold in your hands in the end I'm afraid.

Anything else is just a number on your screen. Bitcoin itself is close to gold but those fake shit happening on the exchanges is killing it. It may all go down when they run out of people to scam.

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April 07, 2020, 03:00:36 PM
 #190

Cryptocurrency have made many people panic because with price of bitcoin and altcoin keep going down many people can't trust anymore with bitcoin and altcoin, Many people will move their investment to the other way because bitcoin make many investor poor.

This is a rather strange degree of trust. After all, people who have ceased to trust Bitcoin have ceased to trust it due to the fact that their expectations regarding earnings on cryptocurrencies did not materialize. Bitcoin did not promise them anything, huge earnings were promised to them by other people who urged everyone to buy Bitcoin in a given period of time. However, the cryptocurrency itself or the development team did not say anything like that. People themselves are to blame for their problems with trust.
A very weak mindset came from people whose intention is to be rich as quick as possible, there is nothing for cryptocurrency to prove with fools like them. I don't understand the logic of some people that they are entering the crypto scene just because they heard a profit from it, and without prior knowledge and researches they wanna go in then found out that they are trapped from their own expectations. Actually I like bitcoin more when it is not on the mainstream media or anything stuff that the majority have seen it, I liked it before that there are less toxic people calling out bitcoin.
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April 07, 2020, 03:27:47 PM
 #191


A very weak mindset came from people whose intention is to be rich as quick as possible, there is nothing for cryptocurrency to prove with fools like them. I don't understand the logic of some people that they are entering the crypto scene just because they heard a profit from it, and without prior knowledge and researches they wanna go in then found out that they are trapped from their own expectations. Actually I like bitcoin more when it is not on the mainstream media or anything stuff that the majority have seen it, I liked it before that there are less toxic people calling out bitcoin.

I agree with you buddy, their likes are those who knows only one thing about cryptocurrency market, an investment option for taking off profits due to it fluctuations or the pump and dump action of some coins. Well, i'd say they are kind of disappointed as things ain't working out according to how they perceived this space before joining and all they got to do is call it scam names. This is isn't a bullish season where they'll see virtually every cryptocurrency out there mooning. People need to got the right info about cryptocurrency being a decentralized financial institution that provides digital currency for day-to-day transactions without going through the traditional protocols. That way, their expectations of cashing out big from this space will be lessen.

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April 07, 2020, 06:02:19 PM
 #192

It is not totally true, I believe there are many scam projects but using it as a basis to classify others or even the general crypto space is wrong. No one argues there aren't scammers but to an extent scammers steal from those who are mostly unaware, uninformed etc. People should learn to careful in this crypto space, if they can't afford to research on new projects then they should go for top coins and save themselves the pain of investing in scam projects. Also, no one should trade without learning about trading. When we start doing things the right way, it will help a lot.

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April 07, 2020, 06:06:24 PM
 #193

think OP had a very hard and bad day , crypto is not fake shit , it is the most honest way of "money" , it depends what people are doing with it and , yes , indeed some people in crypto aren't honest by far but it is not the crypto that is scam , the people who use it for the wrong reason's , they are the scam here
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April 07, 2020, 06:09:48 PM
 #194

this is true to some extent but we can say the entire crypto is fake. Here many scammers are entering as new pony projects as well as fake volume exchanges, losing the confidence of investors. Also one of the biggest [roblem is that every trader wants to be a millionaire with just few trades. And this is where scam coming into the picture.
The best way is to stick to the top 10 currencies and invest for long term being optimistic.

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April 07, 2020, 07:21:42 PM
 #195

I think the fraudulent activities in cryptocurrency will continue for the foreseeable future as long as we have newbies who do not want to do any research about the crypto market or any project before investing. Most of them get into cryptocurrency with the mentality that they would get rich over night, which is the most reason they get scammed.

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April 07, 2020, 09:28:59 PM
Last edit: April 07, 2020, 10:30:00 PM by Jannyh
 #196

I beg to differ,  crypto might have its flaws and downside, it has surely provided hope for the global financial economy,  It has broken the global monopoly of US fiat dominance in global trade and transactions.  Crypto has opened another frontier for the world to explore.  I share your opinion that quite a lot of people delve into it without mastering the strategy and the end result is always disastrous. This is a wake up call for users of crypto to get themselves acquainted with the dynamics of this new world order.  For commentators,  enthusiasts and trusted experts in the crypto ecosystem it's time to help in wide education to help  massive adoption of cryptocurrency.

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April 08, 2020, 05:22:12 AM
 #197

As long as there are people who are investing in projects because of money without doing due diligence on reviewing the team and the legitimacy of the project people will use cryptocurrency to scam people. Scanners opt to create new altcoins since they know there are a lot of investors who are greedy and easily attracted in projects promising good returns.
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April 08, 2020, 07:24:27 AM
 #198

As long as there are people who are investing in projects because of money without doing due diligence on reviewing the team and the legitimacy of the project people will use cryptocurrency to scam people. Scanners opt to create new altcoins since they know there are a lot of investors who are greedy and easily attracted in projects promising good returns.
I don't understand that discontentment because of scammers in crypto.
Yes it is bad and we should fight against them. But people look around - scammers are everywhere and I bet there are a lot more scammers in fiat than in crypto, since it is way easier to hide profit in cash rather than in blockchain
Be patient and pay attention to what you are investing in
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April 08, 2020, 07:41:13 AM
 #199

think OP had a very hard and bad day , crypto is not fake shit , it is the most honest way of "money" , it depends what people are doing with it and , yes , indeed some people in crypto aren't honest by far but it is not the crypto that is scam , the people who use it for the wrong reason's , they are the scam here

Of course, we shouldn't blame the OP because he might experience a scam maybe, this makes him think negatively about the crypto. Every person cannot justify the crypto-based on his knowledge and experience makes him think negatively about the crypto. Based on some fake companies scamming the people makes him think negative about crypto.
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April 08, 2020, 08:03:46 AM
 #200

nowadays crypto scams are getting higher and it's not like we're still in 2017 where crypto is still nice, but in these days there are lots of scam projects and more.
We cant get rid of scam projects it will exist not just here in crypto space but also in other investment opportunity as well. Thats why we need to be cautious to not become a victim of those people who take advantage the current trend. On the other side despite of the negativity surrounding crypto it doesnt imply crypto itself is fake. There are shitcoins that has no value but if you conduct your own research you'll see a promising coins like the popular ones.

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