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Author Topic: The solution is just there  (Read 271 times)
isaac_clarke22
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February 08, 2022, 07:28:37 PM
 #21

~
If you even look in Scam Accusation here in the forum, you can see scammers faking their own photos and identity through photoshop making it impossible for even Google Image Search Engine to search similar images of the fake one to find the original.
It could lessen scams, but it won't stop it for sure. The exchange site that the coin is being traded at is also a thing.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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February 08, 2022, 09:57:32 PM
 #22

...Team of scammers will always hide their identity so its best to just invest to coins that ranked on top or just Bitcoin.
This is not always true. Most of the community doesn't trust anonymous teams nowadays so these scammers have to adjust as well. I've seen cases of doxxed teams running away after dumping tokens or a rug pull. They start of good with AMA sessions and all that makes them look trustworthy at first.

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February 08, 2022, 09:59:40 PM
 #23

I think they both do some kind of verification before they list any project and their platform The issue is basically crypto can be decentralized and you have no reason to dispute that and Mostly dyor is the best case and my advice is dont buy token or coin that have done like 100X except you are really sure about the project and the team and that is do your own research mate and act like is your funds

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February 09, 2022, 03:18:22 AM
 #24

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
It is their platform and they have the right to ask the project team for their identity verification. If the project doesn't want to verify themselves, then they can go somewhere else and get listed. But just verification won't stop scammers. As far as I know the squid game token was listed on Coinmarketcap. Didn't they verify the team before listing them? They still scammed their investor.
Use your brains and stop feeding those scammers. They will eventually get tired and stop. But as long as people fall for those scams (some do on purpose with the hope of getting rich real quick), they will keep scamming people.

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February 09, 2022, 03:34:08 AM
 #25

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
It is their platform and they have the right to ask the project team for their identity verification. If the project doesn't want to verify themselves, then they can go somewhere else and get listed. But just verification won't stop scammers. As far as I know the squid game token was listed on Coinmarketcap. Didn't they verify the team before listing them? They still scammed their investor.
Use your brains and stop feeding those scammers. They will eventually get tired and stop. But as long as people fall for those scams (some do on purpose with the hope of getting rich real quick), they will keep scamming people.
Indeed. The verification is not a reason for scammers to stop scamming the investors, they can even fake it.

There's always a way for them to get away, thats why investors should be careful and be responsible. Many projects looks legit at first but it turned out as scam taking away the money of the people who trusted them.

We can avoid scam projects if we dig deeper and not be greedy to earn instantly.

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February 09, 2022, 05:03:29 AM
 #26

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
Yes, even if both sites are verifying before they list a new project, that will not stop scammers from scamming people, especially the investors who joined them.
It is difficult to stop scammers because they are smart enough to trick their investors and pretend that their project is good to profit.
Our responsibility is to research from coinmarketcap and coingecko or other websites to avoid scammers.
We can only use the data from both sites but the rest will be up to us to determine which coins will be profitable.

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February 09, 2022, 05:08:13 AM
 #27

bitcointalk forum we can also see it on ANN. from there we can review the project before participating. for me it's a first step available on this forum. the affairs of a crypto project will end in a scam, I think that's out of reach. scam or not, depending on the intention.
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February 09, 2022, 05:45:19 AM
 #28

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers,
This may help us to prevent the scammers to list their tokens on CMC to get more awareness but when it was about scammer only listed his shit token on the dex and this is become another problem as well. CMC has millions of traffic and i do believe when CMC will be using this idea and scammers will never try to apply to be listed on CMC again. CMC can at least save thousands of people from the scammers from doing shit to fool people.


yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
They have not yet asked about this criteria for the new project. So many scammers and this is become a common thing right now but i do believe CMC is not blind. They know about this but they wanna do nothing for this.
At least give a tag for a project that already verified through KYC

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February 09, 2022, 07:00:02 AM
 #29

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable

I really like that whole Defi sector of the cryptospace, where you can list, trade, stake and farm your tokens without the need of a listing on a centralized exchange, that are always asking for a listing fee. In the past a lot of good and promising projects have died just because they could not afford to get listed on a good exchange. Those times are over now with uniswap, pancakeswap and so on.
There is also a downside to that development of course. Everyone can now create a new meme coin with literally zero effort and list it on a swap. That is the reason why we have so many sh*t-coins now that are also listed on coinmarketcap and coingecko.
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February 09, 2022, 07:49:30 AM
 #30

Problems in the decentralized field are always difficult to control, no matter how much we try to make things good, there are always spoilers. Greed in nature has created many problems, but the main problem is that each person has the ability to judge everything, so always judge yourself before judging and blaming others. 

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February 09, 2022, 08:10:56 AM
 #31

agreed CMC should put additional effort in refusing listings of scam altcoins because it could be real problems if so many potential investment that are coming from CMC advertising getting wasted in a scam projects that being wrongly listed by CMC.
they should make some kind of verification so that all these scams altcoins couldn’t get listed in CMC and this could save a lot of investment from being stolen by all these scammers.
altcoins that are having relatively low market capitalization should also be categorized under different category because these kind of altcoins are frequently being used for manipulations of the market causing loss in investment.

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takngantuk
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February 09, 2022, 12:12:29 PM
 #32

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
I don't think they will. because there are many new projects released every day and it will be very difficult for them to have to verify every team member in all projects. it costs a lot of money just to do those tasks. and if in the end the project remains a scam project, it will only lower their trust in the eyes of the crypto community. i think that's what crypto exchanges should do., because they are the ones shit projects get a place to dump. if every project is strictly verified, we will not find any shit project getting any place to trade their coins.
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February 09, 2022, 12:21:38 PM
 #33

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
Blockchain is meant to be decentralized, and as such the burden falls upon the individual to stay safe.

Any effort to assign a gatekeeper for determining legitimacy is profoundly dangerous.

Firstly, it gives them the power to censor that which it's owners and managers do not like for arbitrary reasons.

Secondly, it gives users the impression that their own due diligence is not required. No matter what criteria is established and processes implemented, however, crooks will get around it. Better to make sure all understand that they are their own gatekeepers and advocates.

It is incumbent upon consumers to get better educated and more diligent about their financial health, not less.
CryptoATM
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February 09, 2022, 12:36:22 PM
 #34

Its not CMC and coingecko responsibility to tell investors which projects are more reliable and worth investing money on, that's another load of work to be honest and also why would I trust any of these two even if they are strict with KYC verification from new projects? Is there anything that money can't do?
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February 09, 2022, 01:21:46 PM
 #35

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable

There are a lot of projects where the developers are anonymous many of these are DeFi in nature if both market aggregators don't allow listing without identity verification good projects are not going to be listed and many investors will find and support market aggregator that will support DeFi projects and besides it's not the task of both Coingecko and Coinmarketcap to verify the team code and developers it's against decentralization and anonymity.
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February 09, 2022, 03:17:35 PM
 #36

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable

I think, even though coinmarketcap and coingecko did a lot of verification and requirements for new project to be listed on their platforms, there is no guaranty that those project is really good and not scammers. Projects team and leaders of those scam project are very wise because they will perform their purpose after listing. Also it is our responsibility to check the project before investing. You need to do a depth research and don't just rely on coinmarketcap and coingecko. That’s still not their job because investing is our own responsibility and it comes with huge risks.

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February 09, 2022, 03:49:03 PM
 #37

...They know how bad the numbers of scammers are growing, I think it's doable

It is possible that this would be the right decision in relation to new projects that have not yet been added to coinmarketcap. But this will not be done, since decentralization and anonymity are a priority. In addition, what to do with those projects that were previously added to the rating?

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ringgo96
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February 09, 2022, 04:43:49 PM
 #38

Maybe that way the scamer will definitely be reduced, but they can still find a way to get in with the bad goals they have planned, but for now the problem can not be resolved because the platform is only the beginning of a project to do a promotion so that it can be attracted by many investors, so to avoid scamers we have to make research on the project we want to follow, especially the clarity of the team managing the project, If their community is strong then the project can be relied on.

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JohnBitCo
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February 11, 2022, 06:17:36 AM
 #39

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable

Do you think that coinmarketcap and coingecko will take the trouble contacting the teams and verifying their details? They are more interested in listing any project which fulfills their criteria as the main purpose of these sites is to earn money and they least care about anyone being scammed by the projects listed on their sites.
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February 11, 2022, 06:39:11 AM
 #40

If coinmarketcap and coingecko can just start asking for team verification before listing a new project on their platforms I believe many will be safe from scammers, yes it's not their right to do since those platforms are just for listing available crypto projects but I heard they ask for criteria isn't it? They know how bad the numbers of scammers are growing, I think it's doable
That never guarantees assurance that those developers will not scam as these scammers are smart enough. Think about even legit projects are turn to scams. They can easily slip on it and pretend that they can be trusted by submitting fake documents, there are a lot of documents found in the black market that can be used for the said purposes.

That is why we shouldn't just rely either they are complying KYC, we also have to know their background on our own and must still be carefull.

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