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Author Topic: Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?  (Read 1256 times)
peter0425
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November 10, 2020, 05:47:45 AM
 #41

Sad but true that almost in every areas of this forum people never been contented,after something bring them profit they will look for another new and then the first will be blamed and named as scam.
actually ICO, IEO and Defi are not scams but because there are too many scammers who always follow trends, the word "scam" is created. And that's what causes all reputations to be damaged. By the way, I just heard about Cefi but I still don't know what it is
It is not the whole system is the scam but those who runs inside those,and they are the one to blame and prevent to deal with.









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Squezzi55
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November 10, 2020, 06:03:48 AM
 #42

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
Yes scam will always occur in crypto everyday life, that's why learning is very important but majority of newbies don't know that, DeFi scam is even worse than IEO scam, if you are smart you will know that any project that gives up too high returns for their investors are running Ponzi scheme in a different method that looks legit, I believe that many DeFi projects are Ponzi

Lhaine
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November 10, 2020, 06:11:50 AM
 #43

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit

Are you still at sleep ?there are many project form IEO ,ICO and defi that proven scam  so no need to make a lot of discussion for that.

I don't say all of them is scam but more of them even the IEO project that use unpopular exchange is also scam.

If there are project that been successful after the launch doesn't mean all of the project is legit. There are just project that working hard to make things good for them.
Apostlekin$$$
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November 10, 2020, 06:18:47 AM
 #44

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
They aren't just claiming, many DeFi projects have exit scam because of the stupidity of some investors who don't do good research on projects before investing money, been decentralized makes scammers work more easier, no track or traces, they dump tokens through DEX and exit.

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November 10, 2020, 06:22:50 AM
 #45

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
We don't need to call them names, they are people who aren't ready to learn anything, all they do is put blame on the fundraising system, whereas many are benefiting, the truth is when any new use case works better in Crypto space scammers will always be available to take advantage of the system, investors job is to do deep research or end up falling for the trap

tarable
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November 10, 2020, 06:36:27 AM
 #46

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
All of that is the work of scammers who always try to make copies of project methods that are trending, we can see when many ICO projects are successful, they continue to act to create fake ICO projects so they experience SCAM, as well as when IEOs start to trend good thing, they are also active in creating fake IEO projects that are listed on bad exchanges, and the same as this time where they also make some fake DeFi projects which in the end also got SCAM.
Genemind
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November 10, 2020, 06:52:15 AM
 #47

ICO used to be the best place for investors until the number of scam projects massively increased, same with IEO, Defi, etc.  Eventually, any form of crowdfunding will turn out to be a scam because scammers will take advantage of the market or whatever the trend is because people are going crazy about it. It will never be an ending cycle.
Greatdev
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November 10, 2020, 06:58:19 AM
 #48

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
Are you saying people are accusing these crowdfunding strategies just to spread FUD? This is a wrong point bro, scammers are indeed available in ICO days and till date, many DeFi projects have exit scam too, go to uniswap exchange you will see many copycat of well known tokens listed on uniswap to scam those who don't know the real smart contract of the tokens.

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November 10, 2020, 09:55:29 AM
 #49

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
They ate claiming? It sound like you don't believe that scammer are taking advantage of ICO, IEO and DeFi to scam investors, do you even know that scam projects are available everywhere? Both on social media and this forum ? You don't have a point, maybe you are into scam projects yourself? Sorry to say but almost everyone know about scam projects in crypto space
I guess he does not yet get the experience of getting scam by the project so that he can say like that.
Most people will know that even ICO, IEO, and the DeFi project are trying to scam investors, and it is hard to know which project will scam us.
If he still insists on saying and doing whatever he wants, I think we can let him prove and get that experience, so he can know that the scam project is available everywhere.
But I hope that he doesn't have to get the scam experience because the feeling when we get that experience will be a pain in the head, making us angry and disappointed.
We need to avoid the scammers that will always offer a big profit in the short term because that will not be possible, especially if the crypto market is unpredicted.

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tbterryboy
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November 10, 2020, 10:24:32 AM
 #50

The scammer will take advantage of any circumstances to scammed people, and they are not stupid. They know what is tren and will find a way how to take advantage of it. So don't be surprised if ICO, IEO, Defi can be scam. Actually so easy to avoid it, don't join in any new project, but for people who greedy and don't have good knowledge it's so hard to follow that easy step
not all new project was scam, there are alot good project that recetly released. take a look at polkadot , we could call it as new project but its community growing fastly and its price could maintain in market. we just need to avoid project that have hyped but it have no usecase at all and also anon team , if we find this kind project its purely pump and dumped coins.
Very true and polkadot is actually one of the brightest project out there although what holds in the future we never know. People often criticize the ICOs but we need to understand like good and bad people exist similarly both kind of projects exist in ICO, IEO and now DeFi. If you are smart and invest in the good project you will profit while if you make the wrong choice you will lose and lash out at the market which is not the right way to learn.

You should understand that not every project will give returns and even some good projects might stop or close out due to lack of interest that doesn't mean the market is scam and everyone is just fake, it only means you made mistakes spotting the right coin for investment.
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November 10, 2020, 10:40:49 AM
 #51

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
No one is making things up mate, scammers have used ICO and IEO to scam millions of people, if you aren't confused yet then do research on bitconnet and onecoin, their scam rate was well noticable around the world and now DeFi scams exists too
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November 10, 2020, 11:46:52 AM
 #52

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
Are you saying crypto space is scammers free? Those who got scammed are making it up? Bravo mate bravo, you should go and invest on projects like ESH, Onecoin or bitconnet right now since you believe that there is no scam projects in crypto space and comeback here to drop your feedback or success story

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November 10, 2020, 12:03:59 PM
 #53

The cryptocurrencies themselves in general are certainly not a scam, but there are a huge number of scammers who use the cryptocurrency sphere for fraud, for example, when ICO was popular, many scammers created cryptocurrency companies and these scammers was selling their company's tokens through ICOs, and the same applies to IEO and defi sphere, there are scammers everywhere.
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November 10, 2020, 12:53:06 PM
 #54

They might call all of them scam because they don't do due diligent before investing and when the get their fingers burnt, that becomes their language naturally. New ideas will continually come in and people will take advantage of them. DeFi is gaining ground now and who know what we are going to have in the next 2 years. Nobody talk about ICO anymore, time and chance happen to everything.
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November 10, 2020, 12:58:43 PM
 #55

It is not all about the crowdfunding activity rather it is all about the scammers that are fan of copying or taking advantage on the HYIP or FOMO in project investment. We know how good DEFI projects are but are now slowly degrading after some DEFI look alike crowdfunding projects that are only after for scamming. We could not avoid this because they are good in scamming and are free to do so. The best thing to do here is to always be aware and get inform in every project that will be reported in the scam and reputation board.
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November 10, 2020, 01:14:02 PM
 #56

Those people (who think crypto is scam) dont have enough knowledge to understand the nature of it and believing on negative news against crypto and didnt bother to verify if the claim is true.

When it comes to ICO, IEO and defi projects they became popular because of hype. Its true that many scam exists during there popularity but it doesnt mean that all of them are scam. There are good projects manage to succeed during their times. Its just that many investors lose their money for investing in scam project and because of their eagerness to earn without proper knowledge

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November 10, 2020, 01:18:58 PM
 #57

It is not all about the crowdfunding activity rather it is all about the scammers that are fan of copying or taking advantage on the HYIP or FOMO in project investment. We know how good DEFI projects are but are now slowly degrading after some DEFI look alike crowdfunding projects that are only after for scamming. We could not avoid this because they are good in scamming and are free to do so. The best thing to do here is to always be aware and get inform in every project that will be reported in the scam and reputation board.
as happened some time ago when YFI coins could have such an expensive price after that a lot of coins that had the initial Y appeared and tried to deceive many people, so in my opinion be alert it still has to be done but for people who still don't have it. a lot of experience about scam cryptocurrencies would be difficult to avoid.

at least what you must know is that all cryptocurrency projects have a potential scam, no one knows when it happened.

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November 10, 2020, 02:04:00 PM
 #58

There is a lot of scam ICO until now a lot of project are scam too you know the only problems is the people who is scammer who use the different kinds of earnings here in crypto for their own sake which is very wrong and I hope those scammers will karma as soon as possible because those money is not for them people are want to earn money I don't know why other people are doing bad things for that.
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November 10, 2020, 02:32:29 PM
 #59

There is a lot of scam ICO until now a lot of project are scam too you know the only problems is the people who is scammer who use the different kinds of earnings here in crypto for their own sake which is very wrong and I hope those scammers will karma as soon as possible because those money is not for them people are want to earn money I don't know why other people are doing bad things for that.
bad karma is the last thing that we can wish for those scammers that wont be caught  out easily because they are slippery as an eel . money is hard to earn but why they keep on putting it on this kind of business when scammers are the only one that can benefit to it.

if they really want to earn in a less riskier way (although theres no real less risky way to earn ) they need to set up a business on thier own using that hard earned money they got and manage it seriously
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November 10, 2020, 02:42:28 PM
 #60

Crypto Scam? ICO Scam? IEO Scam and Now DeFi Scam?

Many years before the Cryptocurrency was a scam for some people, later people said that ICOs are scam, when ICOs had gone and IEO had begun then they were blaming that IEOs are scam later now they are calming that DeFi is scam

Who are they??

They need to be called LOOFER= LOOSER who just want to spread FUD for their own benefit
In fact, that is the tradition and the way the crypto market works, you need to get used to it. Our Crypto market operates like a price manipulation market and so every year we have a trend formed by whales. As you can also see Defi trend currently has very few projects that actually bring services to the public out there.  all the price increase is due to the whale's fomo, and when the time comes to ripen they will sell off and determine the trend is over Smiley
So let's get used to it, which is also one of the thoughts that help you better understand the market and also know how to make money at the right time bro.


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