The Cryptospace is getting Worst

[BayAngelo]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

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[20kevin20]

Had people cared about the objectives of projects, DeFi, ICO, IEO and all other kind of hypes wouldn't have ended up as large pools of scamcoins. Just look how many coins there currently exist with the term "Finance" in their name. These did not exist 2 months ago.

The crypto space has been so filled up with shitcoins that "researching projects to know what to invest in" truly became a big waste of time in >90% of the cases. This is unfortunate, but it's the reality we're looking at. We aren't governed by any authority, so you're free to create whatever you like, be it a scam, a pure experiment or a legit project.

[noorman0]

Like their Twitter post, this is a new art of bringing down stupid investors.

I can conclude that whenever you buy Rope, you are too late. You buy it=you kill yourself with Rope.

One thing to remember is that this time is the post-distribution period for the UNI token airdrop. This is a pump of hype that may be deliberately done by those people who made hundreds of thousands of dollars in the airdrop trying their second luck with this token.

[livingfree]

It's for them to take the risk, as much as we're aware of what are the good and bad projects, we're certain that we are not like that them who just invests to anything.

There's this reverse psychology from these projects, when investors read "do not invest" then it's the other thing that happens, they're  more curious and wanting to invest on it.

[Teraboy]

That's not something news in the crypto space and if you are watching the scam defi and even when the defi has already confirmed as exit scam project and there were some people who still said that that defi was not a scam and they were still buying more and more scam coins.

So many people are loosing their mind to buy the scam coins for gains but not for the competitive aspect just like the product or usability of the platform.
Crypto is going so crazy right now.

[serjent05]

It been worst ever since because of projects like this.  During my stay in this industry, I have witnessed numerous projects that offers nothing and yet gain more trading volume and popularity than those that offers more.   I think people behind this project have fund to inject to inflate trade volume to caters interest of investors before dumping their stash.  At the end this kind of project is short lived because after sometimes, people behind this scheme dump their holdings indiscrimately until the value of the said cryptocurrency become worthless. So better not to fall for this kind of scheme or else if you are late on the train you will end up bagholding worthless coins/token.

[Bitstar_coin]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed.  

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

i think uniswap is just promoting too many crap this days, i get it that it is a dex exchange but still feels like a place for all the cabbage defi projects, lately all you see is funny project names without any clear goals or objectives, well, since investors don't find it awkward to invest in project with funny and ridiculous names then @op you shouldn't worry about it, they are just here temporary.

[Wapfika]

It's for them to take the risk, as much as we're aware of what are the good and bad projects, we're certain that we are not like that them who just invests to anything.

There's this reverse psychology from these projects, when investors read "do not invest" then it's the other thing that happens, they're  more curious and wanting to invest on it.

Some just want to be involved in the hype as maybe the projects were too good in marketing, those marketing type that will said do not buy and add statements with positive feedback on the end makes investors curious, and some just wanted to risk as they know that it works with other projects plus the today's hype. Just hope those who buy only due to hype will be abke to monitor it before their prices drop.

[yazher]

Since they are the main trend in the industry of crypto right now, every move they take is some kinda trend to others which will make them think they can do what they want with their Dex exchange. This is obviously for the investors to take those bite and invest on whatever project they promote even those project that had no sense in them as long as it has some price, investors would buy those coins as long as it was promoted via Uniswap.

[taguig]

My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

If people wants to make gains then let them be  as long as they know how not to get scam, the most important thing here is not to get scam so many projects here are scam traders are already aware of it but they still prefer to go for it, so if they are scammed it's because they choose to be.

[traderethereum]

People will have their own choice to buy what coin, and I am sure they will analyze before they buy.
Whether people will get scam or make a profit, they will know the consequences because we can only suggest them not to buy a coin, but if they believe that coin or token can give them a profit, we can not do anything.
We need to take care of ourselves and always analyze the coin, so we don't buy the wrong coin.
Related to the @OP mention, I think they will know by themselves, and they will be careful to search for more information about that coin.

[articlecity]

That is plain stupid so now the time has come where the scammer is being honest and telling not to invest in the ponzi because you can lose. This is kind of reverse marketing and letting greedy people to invest and make quick gains. I do not know how people can still invest in such projects where they know that majority of the people will lose.
Ponzis should be discouraged at all levels and reading this story also tells us that we are in a kind of bull season where people have extra cash to waste because no sane money can be wasted in such an open scam.

[kindbtc]

It is definitely going to happen when people will blindly chase each new project without even realizing the nature of the project and investment. Actually this is the real fomo where people feel that if they do not invest they can miss out on huge gains.
I just hope that people in this space will be more mature and responsible especially when it is their own money at stake.

[romero121]

Whenever something new strikes the market, there'll be good as well as bad out of it. Just think of the ICO, IEO, and all other new forms of reaching the investors. Initially it gains more and more attention, by the time more Scams and other negative things too happen in the market. Even the top listed exchanges got to be a trap creator for few such projects.

For this we cannot state the entire cryptospace to be getting worse. Same as the negative things happening around, there's also more positive things happening in terms of adoption and acceptance as a legal tender on some countries. Maybe these issues serve as a base to rectify the worst things with cryptospace.

[bitmover]

For now, cryptocurrency ecosystem is 90% about a quick easy money.
This is why we have so many scams, because there is no quick easy money in this world.

Very few people care about bitcoin, cypher punk, freedom, etc. And in the end, that very few people are the ones who actually make money.

[semobo]

Of course most of the people who trade cryptos are here for making profits and also they expect to happen in days or in weeks but they could make only 1 or 5% as returns per years if they invest on stocks only if the stocks are doing really good.People in cryptos just go with the cryptos but it doesn't mean you also should do the same, just be safe and trade better coins even if the profits are low you can be confident about those coins long run.

[Kupid002]

It is definitely going to happen when people will blindly chase each new project without even realizing the nature of the project and investment. Actually this is the real fomo where people feel that if they do not invest they can miss out on huge gains.
I just hope that people in this space will be more mature and responsible especially when it is their own money at stake.

They are just wasting thier money investing in a project that they don't really know if this can give them a profit . They are following the hype always because of greed to earn money for newly hype project . This kind of investment will not always work
and will not give you good amount of profit  and many people will lost in it instead of having profit.

[acdc]

My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

If people wants to make gains then let them be  as long as they know how not to get scam, the most important thing here is not to get scam so many projects here are scam traders are already aware of it but they still prefer to go for it, so if they are scammed it's because they choose to be.

Investing in the crypto market can bring you great returns but is also risky. An investor cannot claim that all projects are profitable.
Good and bad projects are constantly appearing and interwoven, it's best to research projects carefully before deciding to invest in them, that's the best way for investors to avoid projects that are cheated. island.

[MCDev]

It is definitely going to happen when people will blindly chase each new project without even realizing the nature of the project and investment. Actually this is the real fomo where people feel that if they do not invest they can miss out on huge gains.
I just hope that people in this space will be more mature and responsible especially when it is their own money at stake.

It is easy for newcomers to fall into FOMO, because they are eager to profit and have little knowledge. Besides, missing bitcoin and eth makes them regretful and easy to believe in the accusations of scammers.
A person can only really learn when he loses money.

[Ozero]

People will have their own choice to buy what coin, and I am sure they will analyze before they buy.
Whether people will get scam or make a profit, they will know the consequences because we can only suggest them not to buy a coin, but if they believe that coin or token can give them a profit, we can not do anything.
We need to take care of ourselves and always analyze the coin, so we don't buy the wrong coin.
Related to the @OP mention, I think they will know by themselves, and they will be careful to search for more information about that coin.

The fact is that now few people are interested in what a particular project is doing, the mechanism for making a profit for them so that its token continues to grow in price. Therefore, such information is even difficult to find.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.

[Novatech8]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

It's true that many investors only care about quick gains today but if you can carefully do your own research you will still find projects that have better use case and plan for very long term, do not listen to FUD, many investors starts misleading new investors once their target failed to work out.

[el kaka22]

Same happened on the last days of ICO peak as well, there was a guy who said he created a token because he wanted to get money and spend it, he had a website stating specifically that this token was worthless and any money you sent him will be used by him personally for tv and other stuff that he wants to buy and that's it. You know what happened? Dude got 300k invested into his token anyway and he got richer, he was the only person that got rich from that.

I would say that best case you could make for defi world right now would be to actually spend a lot less time focusing on all the brand new tokens and just focus on already good ones if you want, I know you may feel a bit late to them but believe me it is better to be late for a known good token instead of a brand new scam.

[adzino]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

Nah, they had full intention of making people buy ROPE (that coin you mentioned). They are using reverse psychology to make people buy those coins. Lol, this might sound funny, but this is true. Its like telling someone not to do something, and then now you want to do it. People found it funny. They thought it is going to be a trending funny/troll thingy and make some quick profit. The trading volumes are also likely the developers manipulating it to make it more attractive. This is the internet and people do come up with really creative ways to scam people.

[CarnagexD]

The game has changed these past couple of months, projects now are being seen on how much hype they get from their funny names or hilarious goals in crypto space. Now it's all about how wise the investors are when it comes to buying and selling, buy at presale, sell when it touches the exchange and get an easy return. Most of investors right now are just killing other investors, let them play with crypto 

[hakertajniak]

Yeah, people will spend their money even on a scam project, as long they can get the profit from it.
Personally, i won't take the risk to join scam project even if there is profit on it.
Better safe than sorry, because i think we better to join in legit project than scam project

[traderethereum]

People will have their own choice to buy what coin, and I am sure they will analyze before they buy.
Whether people will get scam or make a profit, they will know the consequences because we can only suggest them not to buy a coin, but if they believe that coin or token can give them a profit, we can not do anything.
We need to take care of ourselves and always analyze the coin, so we don't buy the wrong coin.
Related to the @OP mention, I think they will know by themselves, and they will be careful to search for more information about that coin.

The fact is that now few people are interested in what a particular project is doing, the mechanism for making a profit for them so that its token continues to grow in price. Therefore, such information is even difficult to find.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.

Yes, I see the profit-oriented change the view of people to know what project can benefit them.
They don't learn about the project, but they search for what project can give them the chance to make money.
It's happened to the DeFi projects. With many DeFi projects out there, people are trying to buy many tokens from the DeFi projects.
But I don't think they know what projects they bought the token.
We don't have to follow their way because we don't want to get the same experience if the project can not reach success in the future.
We can still search for more information to get the right project to invest.

[peterlustig]

Lol, a coin of which the developer itself is saying "do not buy!" is trading at over 0.5 ETH that too with a volume of over $1.6m If they ended up doing a rug pull on investors then everybody will lose big.

[jacafbiz]

Anyone that sees all these red flag and still decided to invest in the tokens is going to hand himself soon, because everything is on the wall about what would happed to this token. They are going to pump the tokens then pull rug under the investors, the loss would be so great and would likely commit suicide.

[peter0425]

This has been happening for long now so the Title is just a late for that,though Uniswap is just starting to build their name since the last Pumping.

Anyone that sees all these red flag and still decided to invest in the tokens is going to hand himself soon, because everything is on the wall about what would happed to this token. They are going to pump the tokens then pull rug under the investors, the loss would be so great and would likely commit suicide.

exactly mate because after finding Flags and yet you are willing to risk,then that is a  total stupidity.
instead of investing why not report the said project or Enlighten the prospective victims to go away from the said projects?

[sehoon]

I'm seeing a lot of posts regarding coins being bad. I think one of the problems here is that the information is not disseminated properly. News about whether a coin is bad or not must reach 95% of the coins. The reason is that there are still hidden gems in these sea of coins. A lot of people are victimized because they're still new, easily falls for traps and misinformed. We must save these people of we want to save this cryptospace.

[imstillthebest]

 thats bizzare  . not just the description but everything sorrounds the coin is a mystery or mysterious  and that triggered the investors to get curious and gets more interested  . if this is a scam , they wont put a scam words but a project that wants to scam will try thier best to make their project look authentic  .

 rope project on here still dont look serious even if we say that they are not really a scam  . rope coin was there before but i didnt knew its story  , thanks by the way for putting this out .

[Warkop]

People will have their own choice to buy what coin, and I am sure they will analyze before they buy.
Whether people will get scam or make a profit, they will know the consequences because we can only suggest them not to buy a coin, but if they believe that coin or token can give them a profit, we can not do anything.
We need to take care of ourselves and always analyze the coin, so we don't buy the wrong coin.
Related to the @OP mention, I think they will know by themselves, and they will be careful to search for more information about that coin.

The fact is that now few people are interested in what a particular project is doing, the mechanism for making a profit for them so that its token continues to grow in price. Therefore, such information is even difficult to find.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.

Yes, I see the profit-oriented change the view of people to know what project can benefit them.
They don't learn about the project, but they search for what project can give them the chance to make money.
It's happened to the DeFi projects. With many DeFi projects out there, people are trying to buy many tokens from the DeFi projects.
But I don't think they know what projects they bought the token.
We don't have to follow their way because we don't want to get the same experience if the project can not reach success in the future.
We can still search for more information to get the right project to invest.

Maybe most investors only see the trend of a Defi project because they believe when a project using Defi will definitely be successful and they are competing to buy as much as possible, in my opinion they misjudge and don't see the impact of the risk of loss in the future, maybe knowledge about assessing a project must be prioritized when you want to invest in the project.

[proTECH77]

Business is all about risk. If you can take the risk with that new project, it favour sometimes no matter the negative things  people are saying concerning that project.
There are some new project that are very good to invest and make a great profit than the old project which is very popular to real  investors and to the scam investors. Many people are still loosing their money to scammer not knowing that they are scam investors.

[Lantind]

Yeah, people will spend their money even on a scam project, as long they can get the profit from it.
Personally, i won't take the risk to join scam project even if there is profit on it.
Better safe than sorry, because i think we better to join in legit project than scam project

Yes, everyone has very mature thoughts in terms of choosing projects and investing, maybe for those who dare to take risks on a scam project is just because they want to get rich quickly through the benefits offered by the project, but for people who are always looking for it, of course this is the case. like this they will not, exactly as you say it.

[btcltcdigger]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

It's FOMO. $ROPE was shilled by WhaleBotAlerts dev @icebergy, as a co-developer of the project, and it just blew up.
Is it worth anything? Who knows, i mean there's still alot of shitcoins lingering from 2017 ico craze with a decent price

[hulla]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it.

Out of curiosity, check out the token site and it hard to believe that the whole concept of the project is all a joke FOMO

But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.

Not all liquidity are gain in genuine way and the liquidity you saw on Uniswap can be manipulated by project team cause there are company that execute it for new project.

My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

Note this, ever since uniswap launched their UNI airdrop (which was tagged as the most expensive airdrop in crypto history) Uniswap have been the homeland of all crypto project scammer, they also understand that the airdrop they did will travel genuine and cheat priject to their platform and thats the reason why they provide a warning note whenever people want to buy token on their site.

With that been said, we still can be sure if investors don't do research anymore cause 97% of all new project are hype base and what they do is to buy traffic/liquidity but I hope naive investors won't be a victim of these tricks.

[Ridwan Fauzi]

Have you compare with the other exchange or the other crypto currency that stand long time until now?

Do not defile a goodness with a little ugliness, crypto currency has been stand for 11 years until now and everything is fine if you choose a real project which provides real functionality. Like bitcoin, how many people who dislike it? Yeah, almost all parties especially financial sector against it, but they aren't successful cause bitcoin is deserve to fight anything. Be careful with new system, it could be a bubble eventually, take it as a short term place to gain profit.

[traderethereum]

Maybe most investors only see the trend of a Defi project because they believe when a project using Defi will definitely be successful and they are competing to buy as much as possible, in my opinion they misjudge and don't see the impact of the risk of loss in the future, maybe knowledge about assessing a project must be prioritized when you want to invest in the project.

The investor will follow the trend, and if they think that the trend can give them a profit, they will invest in the project to make a profit.
But what I am worried about in this DeFi trend is that the investor can get another scam, and what we saw in 2017 will happen again.
If they don't research the project, they can get the same experience in 2017 because I am sure that many investors have been following the last ICO and IEO trend.
Research the project that we will use as the short, medium, and long term to avoid the scam project.

[lovesmayfamilis]

The fact is that now few people are interested in what a particular project is doing, the mechanism for making a profit for them so that its token continues to grow in price. Therefore, such information is even difficult to find.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.

On the other hand, the one who did not receive enough information about the project where he planned to make investments, and having lost everything in the future, receives his level of education. Fraud simply works for the lack of education in society in certain areas. Hoping for quick profits, people lose their minds. This happens regularly, people lose and begin to get to know better all the aspects that are necessary to study projects. It's just that nothing is being done, this is the next stage of introducing cryptocurrency into society. Only after going through the experience and feeling all the advantages and disadvantages of cryptocurrencies can society become literate, and therefore better.

[beerlover]

There is really enough idiots to think that if you could make anything a token, you could make them work as well, they don't care if the project was a serious one or if it was a joke one because to them it doesn't matter. To them what matters is the fact that you could take a fake or scam coin and you could trade it to make it go high and if it goes high you will make money, so why would they care if it is a fake one?

As long as there is a coin listed somewhere, someone can buy that coin make it go up and then sell it for higher and that is all they care about. Unfortunately problem doesn't lie with the creators because they told everyone that they are basically not even a real thing before anyone got involved but people still flock to it to make some more profit.

[irixo10]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

You carefully stated the obvious fact, and that's the truth. People no longer care about the idea or whatever behind the project, what they care for is pump and gains, nothing more. Yet this same set of people will be the first to lament when it goes sideways or dumps heavily on them. Also, I just like to add my opinion; first the team added a rope to the website meaning anything can happen, and when it does no one is to blame them. Now secondly, I do not think that it is investors that started the pump of that project, it could be the team that started it knowing that many people are heavily moved by pump and trading volume, so it could be that they started the pump, people threw caution to the wind and joined the game just to cash out and the volume keeps rising. For such a project, the team might have a target and once attained, the will exit scam.
Furthermore, there is need to be extremely careful of most projects on Uniswap, because with what is happening, many scam projects might still come up, leverage the hype Uniswap has and scam people.
So therefore, in all things, those who still make their own research most of times wins because those who failed to, might make gains in one project only to lose it all in another.

[Gaston Cavalier]

Had people cared about the objectives of projects, DeFi, ICO, IEO and all other kind of hypes wouldn't have ended up as large pools of scamcoins. Just look how many coins there currently exist with the term "Finance" in their name. These did not exist 2 months ago.

The crypto space has been so filled up with shitcoins that "researching projects to know what to invest in" truly became a big waste of time in >90% of the cases. This is unfortunate, but it's the reality we're looking at. We aren't governed by any authority, so you're free to create whatever you like, be it a scam, a pure experiment or a legit project.

I concur.

Nowadays, it just doesn't make sense anymore.

Just look at how many coins are listed, & delisted on a daily basis on Binance®

Projects with names like SUSHI, BURGER, etc 

[bits4books]

I thought this behavior was pretty obvious, didn't I? Only a tiny part of the crypto community cares about the crypto world and wants to use tokens as a settlement tool. The rest of us (including myself) are just a bunch of speculators and lovers of quick profit no more. What's the difference between a shit coin or not if you can use it to raise a couple of hundred bucks here and now just on the exchange rate difference?

[genievic23]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

people today just want to get in projects for instant profit then jump to another one and yup they seem not to care about the objective of the project. ROPE and MEME have the same inscription, DO NOT BUY IT.  different approach in marketing.  Talking about projects, I think NFT's will be trending for the next few months,  if you're interested for NFT projects, check out KittieFIGHT. They've launched their yield farming too.

[Lerikaweb]

Lots of tokens are being traded on exchanges long time after the project had scammed. Do you know why? Cuz nobody cares about what the project is about and what was its objective. People see a minor spread between prices in buy and sell columns and go for it. Everybody want to get rich fast which is a normal human desire))))

[masterrex]

It's true even me at first I was attracted to the ROPE token, but when I visited their site I was shocked when I see the word "lol" from its website "https://rope.lol/" I thought it was just a mistake but to find out its a good link "lol" was part of it, I told myself its crazy but what I think is about the volume of ROPE token on UNISWAP and it's no joke. investors nowadays don't care about the name or something else they are simply riding the HYPE and willing to take the risk to gain some profits.

[traderethereum]

Today people buy not because of research, but because they want to get quick profits that can be devastating. there is nothing to do but see when the altcoin is dumped and those who are late in the hype complain that the money they trust from the project can't be returned. this is the crypto world no one really knows what a project will be in the future.

People tend to buy the coin because other people suggest it.
They don't research, but they just buy it instantly.
It is wrong because if the price is down, they will panic, and they can cut losses without thinking about the bounce that can happen in the next minutes.
If many people do that, they will only say that crypto is a scam, and they will warn the other not to try to invest in crypto.
I think they should learn from their mistakes because it is not good to buy a coin without research.
But not all people do that because I am sure some people will not let them invest without search for the right coin.

[ChrisPop]

You would be surprised that the majority of people in the crypto space are here to make gains. Do you think the average joe cares about the blockchain and the ability to make peer-to-peer transactions without the middleman? - Of course not. He is just interested in making a quick buck to get the new phone, watch, car, impress others with his "amazing" ability to make money from thin air. But as fast as these joes can make that buck, they can lose it.

Finance wise it is about preserving and growing your wealth in a steady manner.

[Cnut237]

The reason that these things get so fevered is the success of bitcoin. People come into cyrpto because they see the huge gains that bitcoin holders have made over the years. They think the bitcoin opportunity has gone, and they sit there waiting for the next big crypto thing. As soon as something comes along that has some potential, people buy in quickly, FOMO kicks off, and the scammers smell an opportunity and jump in, too. It happened with ICOs, now it's DeFi's turn.

[Kasabus]

It's true even me at first I was attracted to the ROPE token, but when I visited their site I was shocked when I see the word "lol" from its website "https://rope.lol/" I thought it was just a mistake but to find out its a good link "lol" was part of it, I told myself its crazy but what I think is the volume of ROPE token on UNISWAP and it's no joke. investors nowadays don't care about the name or something else they are simply riding the HYPE and willing to take the risk to gain some profits.

Yes. People nowadays don't care anymore about the benefits or disadvantages of the project because they are more focus on the quick profits they will gain. Rope tokens are very tempting but if you come to study and start analyzing it, this token is definitely a scam. We should not fall easily to scam projects because if we can't prevent it, we will all left behind with empty pockets.

[so98nn]

Yeah, after reading the whole thread you get complete idea how crypto has taught us how hard one decision could be inhere. Now this ROPE thing is completely bullshit and attracting noob investors in the space to try it out.

Unfortunately this also kind of "Negative" marketing. Where you confidently state something opposite but people still start to get the gut feeling that they should at least try it once. Due to this so called hunch everyone falling for it. That's why they are loosing it over hanging mode. It's too bad.

[Investo20]

I also visited the website and as I experienced is this is completely a shit project. Even their is nothing on the website. Not a team details, not a white paper, no contact details, nothing is there. But this project is getting trading volume of 5 million usdt.
Now comes to the situation. You are right. At this time people are only focused on generate profits. The situation is "do or die" like. Blindly throw an arrow if it hits the target then okay if not then you lose everything. Those projects which have no base no speciality is getting so much attention that we can't even think. And those projects will do exit scam for sure.
In this time de-fi hype is ongoing. Any project add the de-fi word behind them make a stand. And scam projects taking this advantage. Many peoples are getting profit from this also. But most peoples face the consequences and loss. We come to know about the profits somehow but everybody hides their loss.
As new people entering into this field they are facing this problem. They need to understand this field first then they should make investment.

[Kupid002]

I see the development of cryptocurrency from year to year continues to increase, lots of new atcoins / tokens appear on the exchange, but most of them will only become trash when the "hype" disappears from the surface. Many traders and investors have neglected whitepapers, roadmaps, technology, vision and mission on a project, all they have in mind is to take advantage of the hype for quick profits. It's a pity indeed, but that's the reality right now

We already have thousand but more of them will lost its daily volume one of the day and many traders will be stuck with that because no one want to buy it any more. I don't know why people always investing in a new project when we have already a lot choices that also looking for investors . I think investors need to focus on the tokens or coins that listed in the market and ignore all other new crowdsale for thier own security for thier money.

[Emitdama]

Well, it’s good that you decided to do your own little research before you made a decision as to whether you should be trading the coin or not. That other people are not doing their own research before investing in any project doesn’t mean that you too should be doing the same, it’s important that you’re very careful and not go with the crowd, but only with things that believe are going to be good for you.

A lot of people here are no longer interested to know if it’s legit, they just want to rush in and buy when there is an opportunity to make lots of money and cash out. They are forgetting that scammers can lay trap in any way, and there are projects that seems good and once they have gotten a lot of people in, they will play their games on them.

[isaac_clarke22]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

The problem in the common sense of some people is that they're more on trends over objectives. You can see it when ICOs were still like trending back in the days then IEOs took over then their eyes on ICOs these days are all now scams. Whatever coin it is, whatever site it looks like, the trend becomes the problem for some investors these days.

[Pamadar]

I see the development of cryptocurrency from year to year continues to increase, lots of new atcoins / tokens appear on the exchange, but most of them will only become trash when the "hype" disappears from the surface. Many traders and investors have neglected whitepapers, roadmaps, technology, vision and mission on a project, all they have in mind is to take advantage of the hype for quick profits. It's a pity indeed, but that's the reality right now

We already have thousand but more of them will lost its daily volume one of the day and many traders will be stuck with that because no one want to buy it any more. I don't know why people always investing in a new project when we have already a lot choices that also looking for investors . I think investors need to focus on the tokens or coins that listed in the market and ignore all other new crowdsale for thier own security for thier money.

More on opportunities! people thinks that chances to grab a huge profits from new project still exist.

Thinking that once luck permits them it will happened that they will bank up a very decent to huge value of profits, it's still inside
their mindsets that this venue still offers quick ways to richness only to find out that it's more on losing your money.

[Fivestar4everMVP]

The truth is that some people most especially the newbies in this space don't even look at websites, what they look for is a number like this "+5%" displayed on the opposite side of the coin or token, they click on that market to open it, they look at the chart, one they see the Green candlesticks which confirms that that particular coin or token is going up in price, they jump in, and it's unfortunate cause this kind of people end up learning the hard way.

[optimisticcm]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

The fake or low quality projects are an old thing now, the worst thing i have seen is the trend of the meme and nft based projects, I mean if you have something valuable or worthwhile to sell that is great but i have seen people selling senseless pictures amd even selfies as nfts and collectibles, this trend should stop atleast untill there is a serious purpose added to it at the moment it is a joke.

[Pompa]

 Be careful in dealing some business here in crypto, a lot of scammers are in their way  and waiting for us.  Be careful in dealing or participating through any kind of project, we have to learn about the past and hoping this case must stopped.

[pixie85]

This rope reminds me of all those ponzi coins that openly said they're ponzis and people still bought them hoping they'll be able to exit first with a profit.

People are braindead, don't blame the space when you're a part of it.

Those rope devs took the opposite approach and gained followers this way. Most projects want you to buy so they chose to do something different.

[bigcash2011]

Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed. 

In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case.  As a matter of fact. this token made 118%
 within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.

i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.

BE CAREFUL....
.

I do not know how people get attracted to all these ponzis while i thought that crypto supporters are here to support this advanced technology.
All these crypto based ponzis that we keep seeing often like forsage, lionshare and many tron based too are doing nothing but damaging the reputation of the mainstream, real crypto projects because such ponzi base projects create a whole lot impression of crypto being a ponzi in general which is far from being true but sadly it does have this negative impact.

[justdimin]

There is a sweet deal in ponzis, people sometimes know that they are wrong but they try to ponzi the ponzi and try to make money from it. How? They try to be one of the first to get in and make money from it, if it is a ponzi that means they have to get money from people and use others money to pay the early investors, so if you are an early investors they will use others money to pay you a lot of money so that you go out and tell people how great it is.

I have friends who got into as silly things as you might imagine, things they normally wouldn't invest into, only reason for that was the fact that they thought they could make a profit from it if they get in early and be one of the first, that way the ponzi would pay up to them and they could get out very quickly without reinvesting ever again.

[coin-investor]

Not really getting worst but to many bad actors trying to fool people here, if you know how to look and what to look there is no way they can fool you, scammers are still here and the only way to combat them is for us to be wiser than them, and share to the community those bad actors here.

[Kelvinid]

Had people cared about the objectives of projects, DeFi, ICO, IEO and all other kind of hypes wouldn't have ended up as large pools of scamcoins. Just look how many coins there currently exist with the term "Finance" in their name. These did not exist 2 months ago.

The crypto space has been so filled up with shitcoins that "researching projects to know what to invest in" truly became a big waste of time in >90% of the cases. This is unfortunate, but it's the reality we're looking at. We aren't governed by any authority, so you're free to create whatever you like, be it a scam, a pure experiment or a legit project.

If the market looks like this shit, it could possible that sooner there will no investors will come in here. Regulations are somewhat important now in order to stop these nonsense projects.
From ICO, IEO, Defi, and the next NFT, I think the same scenarios will happen, and much better if we have to find a solution to this. because the more crypto spread around, the more scam and fake projects rise. I feel the worries that most people had to feel now, and the worse case possible scenario will certainly happen in the years coming.

[MCobian]

It is true that the current crypto world is getting worse, there are too many projects that have no clear purpose.
Because many developers take advantage of the hype that occurs only for fundraising, after that the projects are
abandoned. Therefore, be careful when choosing coins for investment, my advice is to avoid investing in new projects.
And for rope tokens, it is very clear, including shit projects that must be avoided.

[mr.smith]

The fake or low quality projects are an old thing now, the worst thing i have seen is the trend of the meme and nft based projects, I mean if you have something valuable or worthwhile to sell that is great but i have seen people selling senseless pictures amd even selfies as nfts and collectibles, this trend should stop atleast untill there is a serious purpose added to it at the moment it is a joke.

If there is demand then it will continue the market thrives on demand and supply, the developer and the creator will supply as long as there is a demand for the projects I have seen what you are talking about, and the market has a potential because these a marketplace for artist and we have a lot of artist in our community, so let's see how it will go in the future.