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[Zwei]

🚩💰What’s your personal ‘crypto red flag’?

my red flag is any coin that's centered around one person or company (shitcoins like XRP), i believe crypto is supposed to be free, open source, and decentralized. if a single entity can steer the ship however they want, i want nothing to do with it.

I don't remember all the names but they hurt a lot of people one of them was UST one of the biggest scams a few years ago.

i still remember this like it happened just yesterday, so many people lost everything with the Terra Luna UST ponzi, some unfortunately even took their own lives because of it.

Eventually I managed to recall Terra scam and its death spiral with its algorithmic stablecoin UST (now rebranded as USTC). I think that scam needs to be called as Terra scam, not UST scam. Terra is a project behind this and LUNA and UST are two altcoins in UST algorithmic stablecoin. It was depegged but the biggest failure and scam is Do Kwon, the founder of Terra decided to mint billions of LUNA and deposited it to Binance, then dumped it. It triggered a free fall to hell of LUNA and UST.

there were rumors at the time that what started the UST depeg was a coordinated attack, and if i remember correctly, there were even warnings from someone about the possible collapse, they even made a bet on it.
i remember watching the charts at the time and seeing the price of Luna go down as everyone was panic selling, their algorithm was printing more Luna to stop UST from depegging which coused the price of Luna to go even lower which made UST depeg even more, is was literally a free fall to hell as you said, Luna droped from around $70 to less than a penny in just 3 days.

[Pmalek]

Meme coins will be prime example for that because all of them don't have any use case and usually those tokens is built up by hype. That's why I don't want to engage with those tokens because I don't like the feeling like I have something to chase or follow since you will lose if you don't pay attention around.

Meme coins are pump & dump schemes. Some people give them importance and credence because a few of them have gained value. But that doesn't change the reason they were created. They serve to enrich a small number of people close to the creators or developers. It doesn't matter if it's a coin called after a country president, an animal, a punk or something else. They are there to make people quick and as big sums of money as possible.

[philipma1957]

🚩💰What’s your personal ‘crypto red flag’?

It's very simple, and a good example is Bitconnect: "bling bling" meetings, irreal ROI (guarantees of high returns with no risk or low risk), in the case of bitconnect, bitcoins was exchanged for a single currency (bitconnect) that was blocked on the bitconnect platform.

Pressure to invest quickly is a red flag too : the need to invest quickly prevents the investor from thinking things through, obtaining information about the crypto/token/meme, checking the team's reputation, the white paper, etc.

Is the project open-source or not ? How the tokens are used, or burned and how are the token distributed : if large portions of tokens are held by developers or insiders is a red red flag : there is a potential future pump-and-dump or rug pull.

No audits from reputable firms for smart contracts or security are red flags too.

The reputation of influencers is also very important: you need to check whether they've already promoted scams or not. Recently, in March 2025, the influencer Bitboy was arrested for promoting scam tokens.

=> In any case, never be motivated by greed, and think carefully before investing.

yeah pressure to do it now now now is a terrible sign.
🪧

there is always another day jumping all in fast 💨 is bad.

[bitmover]

Meme coins will be prime example for that because all of them don't have any use case and usually those tokens is built up by hype. That's why I don't want to engage with those tokens because I don't like the feeling like I have something to chase or follow since you will lose if you don't pay attention around.

Meme coins are pump & dump schemes. Some people give them importance and credence because a few of them have gained value. But that doesn't change the reason they were created. They serve to enrich a small number of people close to the creators or developers. It doesn't matter if it's a coin called after a country president, an animal, a punk or something else. They are there to make people quick and as big sums of money as possible.

I would say the only exception might be doge, which has some value as it is here for a long time and already have some adoption...

And community support. Other than that, memeocins are just quick Rich scheme

[Rruchi man]

🚩💰What’s your personal ‘crypto red flag’?

The whitepaper can tell me a lot.

A badly written whitepaper that is not clear is a red flag; the worst is when the whitepaper looks like it has been copied from somewhere.

You only know that a whitepaper is badly written or has contents that are copied when you are someone who has read a lot of whitepapers from various projects, which means that you are exposed based on research you have done.

[virasog]

I would say the only exception might be doge, which has some value as it is here for a long time and already have some adoption...

And community support. Other than that, memeocins are just quick Rich scheme

If you want to invest in any meme coin, then Pepe coin is far better than Dogecoin. Dogecoin has gained a lot of hype because of Elon Musk, but now I think there can be no further developments by Elon Musk. They even created the Department of Government Efficiency (D.O.G.E.), and there is nothing more they can do to pump this coin. Elon Musk stepping down from this department will further drive down this cryptocurrency. The use cases for this altcoin are dying one by one.

[btcltcdigger]

If you want to invest in any meme coin, then Pepe coin is far better than Dogecoin. Dogecoin has gained a lot of hype because of Elon Musk, but now I think there can be no further developments by Elon Musk. They even created the Department of Government Efficiency (D.O.G.E.), and there is nothing more they can do to pump this coin. Elon Musk stepping down from this department will further drive down this cryptocurrency. The use cases for this altcoin are dying one by one.

Well this seems to be like a perfect time to short DOGE imo. Just don't go crazy with the leverage, but if you feel that DOGE has no where to go but down, put $20 with 10x leverage on short and forget about it.
The only downside might be that altseason might be just around the corner, so that might make it pump a bit

[Jaycoinz]

🚩💰What’s your personal ‘crypto red flag’?

Honestly, my crypto red flag is when a website has poor design and is hard to navigate. If the site looks messy and lacks transparency, that’s a big warning sign for me. I believe anyone launching a serious project should at least put effort into building a proper website.

With the rate at which casino are pouring into the industry everyday there is high tendency that some of these casino aren't really there for the long run and you know this by identifying some poor website build up. For me it's same as  you and also an additional feature like high transfer cost in terms of basic withdrawal and deposit. I have gamble on some casino that they tend to make you feel like you are traped the moment you put your in them because of the minimum withdrawal limit and also the fee attached when you want to withdraw.

[snipie]

🚩💰What’s your personal ‘crypto red flag’?

Honestly, my crypto red flag is when a website has poor design and is hard to navigate. If the site looks messy and lacks transparency, that’s a big warning sign for me. I believe anyone launching a serious project should at least put effort into building a proper website.

In my experience, unprofessional websites, random advertisements especially outside of Bitcointalk, fast scheduling, illogical return of investment or gains suggested by the service, not solid whitepaper writing and unknown experts...all of these things, but not limited to, are red flags and people should take caution from it.
The fact that having feedback in trusted sites and by trusted users in Bitcointalk will help taking out interrogations about the project.

[avp2306]

I would say the only exception might be doge, which has some value as it is here for a long time and already have some adoption...

And community support. Other than that, memeocins are just quick Rich scheme

If you want to invest in any meme coin, then Pepe coin is far better than Dogecoin. Dogecoin has gained a lot of hype because of Elon Musk, but now I think there can be no further developments by Elon Musk. They even created the Department of Government Efficiency (D.O.G.E.), and there is nothing more they can do to pump this coin. Elon Musk stepping down from this department will further drive down this cryptocurrency. The use cases for this altcoin are dying one by one.

Maybe better exclude that in the option since even if we can see that they are doing good for now the question will remain is are they sustainable for many years to come? That's why I don't like to invest on meme coin since as what you have said that situation like Musk leaving might be the cause of its downfall and I don't want to engage with coins that easily get manipulated. That's great red flag to me and won't bother to spend time and money with those coins.

They better go with Bitcoin because right now there are so many good things happened and there's good chance that we can break more ATH especially that adoption is growing to its highest level. That's why potential to grow is there and that will give huge benefits to holders.

[Dicbac]

Have the in-house games been 3rd party verified yet? Up until now the rtp numbers displayed are not verifiable. A remarkable feat considering they were in-house tested also.

[philipma1957]

Meme coins will be prime example for that because all of them don't have any use case and usually those tokens is built up by hype. That's why I don't want to engage with those tokens because I don't like the feeling like I have something to chase or follow since you will lose if you don't pay attention around.

Meme coins are pump & dump schemes. Some people give them importance and credence because a few of them have gained value. But that doesn't change the reason they were created. They serve to enrich a small number of people close to the creators or developers. It doesn't matter if it's a coin called after a country president, an animal, a punk or something else. They are there to make people quick and as big sums of money as possible.

I would say the only exception might be doge, which has some value as it is here for a long time and already have some adoption...

And community support. Other than that, memeocins are just quick Rich scheme

well doge was a meme

it is now the second largest pow coin

scrypt algo is second to only sha-256 algo


more than 3 billion in gear mines it (need to check that)

doge is 3.5ph

or 3500 th

or 3,500,000 gh that is 250,000 bitmain L9 miners they run 9000 each so 2,250,000,000

or 2.25 billion in miners

btc has 28 billion in miners

[bitmover]

it is now the second largest pow coin

scrypt algo is second to only sha-256 algo


more than 3 billion in gear mines it (need to check that)

doge is 3.5ph

or 3500 th

or 3,500,000 gh that is 250,000 bitmain L9 miners they run 9000 each so 2,250,000,000

or 2.25 billion in miners

btc has 28 billion in miners

Yeah, that is quite a lot. Doge has a strong mining community.

This means something. Doge isn't just a memecoin anymore. It has some value . I don't know how much, but it is worth something.  It is different to other memecoins

[philipma1957]

it is now the second largest pow coin

scrypt algo is second to only sha-256 algo


more than 3 billion in gear mines it (need to check that)

doge is 3.5ph

or 3500 th

or 3,500,000 gh that is 250,000 bitmain L9 miners they run 9000 each so 2,250,000,000

or 2.25 billion in miners

btc has 28 billion in miners

Yeah, that is quite a lot. Doge has a strong mining community.

This means something. Doge isn't just a memecoin anymore. It has some value . I don't know how much, but it is worth something.  It is different to other memecoins

yeah the merge mining with LTC helps it

[dwyane36]

🚩💰What’s your personal ‘crypto red flag’?

The whitepaper can tell me a lot.

A badly written whitepaper that is not clear is a red flag; the worst is when the whitepaper looks like it has been copied from somewhere.

You only know that a whitepaper is badly written or has contents that are copied when you are someone who has read a lot of whitepapers from various projects, which means that you are exposed based on research you have done.

In general, the white paper is really useful, especially in terms of analysis, because it allows you to understand what the altcoin is.
But it seems to me that now developers of various alts aren't so much concerned about writing a white paper and its subsequent update as it was, for example, during the hype around ICO.
By the way, Betfury also had a white paper at the beginning of their journey, and I think it played an important role in terms of attracting investors and ordinary users.

[jcojci]

Yes, finally Bitcoin back to $99,400. That means we will reach $100,000 again this day

I am positive that but still, there is no one know when the price is back to $100,000. But the push to go up still on the market so we can expect that will happen in a few hours later, maybe not wait for too long.

BFG price will react with the positive of the market so BFG holders still waiting for that. If we check on the market, many altcoins still not increase too much and it seems, they are waiting for another time.

Well, this time, alts seem to have started to follow BTC. Even ETH grew quite well yesterday, which is surprising.
In the case of Betfury, the alt season itself is clearly not the main factor that will move the price of this token up. But new updates and development of the Betfury site are what can give a good boost to BFG. Actually, last year, the BFG price rose to 3 cents because they announced positive changes, including changing the BFG tokenomics.

Yeah, I am surprise can lift the price to $2k in a short time. So I guess we will face altcoin season soon before Bitcoin get a long rally to hit the new and highest ATH.

Betfury token can increase following the altcoin season especially with the development that still continue. All things will change in the next season so that will attract more investors to invest in crypto. So the increasing of Bitcoin price will be waited by all Bitcoin investors because many of them want to sell at the highest price.

[Pmalek]

I would say the only exception might be doge, which has some value as it is here for a long time and already have some adoption...

And community support. Other than that, memeocins are just quick Rich scheme

DOGE started out the same way. It was a joke but it became a very successful joke because it caught on. People became aware of the cheap and fast transactions and the simplicity behind DOGE. It has evolved in something more. I don't think the developers ever dreamed that it would become this big. But DOGE is also the reason that other teams wanted to replicate their success or at least they pretend to in order to enrich themselves. If Ethereum is the mother asshole from which shitcoins spring (according to Saifedean), something similar can be said about dogecoin, giving birth to meme coins.

[HeRetiK]

DOGE started out the same way. It was a joke but it became a very successful joke because it caught on. People became aware of the cheap and fast transactions and the simplicity behind DOGE. It has evolved in something more. I don't think the developers ever dreamed that it would become this big. But DOGE is also the reason that other teams wanted to replicate their success or at least they pretend to in order to enrich themselves. If Ethereum is the mother asshole from which shitcoins spring (according to Saifedean), something similar can be said about dogecoin, giving birth to meme coins.

DOGE giving birth to meme coins was the consequence of DOGE getting pumped in the wake of the memestock rally and devs realizing that they don't even need to pretend to bring something new to the table.

I'm not really sure if DOGE has much to offer beyond being the first of its kind and having a strong, long-lasting community, though arguably especially the latter is one of the most important factors in crypto these days.

[notocactus]

DOGE giving birth to meme coins was the consequence of DOGE getting pumped in the wake of the memestock rally and devs realizing that they don't even need to pretend to bring something new to the table.

I'm not really sure if DOGE has much to offer beyond being the first of its kind and having a strong, long-lasting community, though arguably especially the latter is one of the most important factors in crypto these days.

DOGE is a king of meme coin and I believe that DOGE has many advantages than other meme coins. It's Proof of Work, that is very important as there is no rug pull.

It is one of best Proof of Work cryptocurrency blockchain [1]
[1] https://howmanyconfs.com/

It has been in the market in many years and already shown its strength of survival through many bear markets.=
It has been accepted on many exchanges, merchants websites and gambling sites.

[HeRetiK]

DOGE is a king of meme coin and I believe that DOGE has many advantages than other meme coins. It's Proof of Work, that is very important as there is no rug pull.

I mean, yes, it's respectable by meme coins standards but that's a very low bar. And I say this with all my love for DOGE, which still holds a special place in my heart. I guess my point is just that I'm not sure how much value is left once this joke has ran its course yet again.