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Author Topic: Is this the end or only the beginning  (Read 426 times)
MrDave
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May 28, 2022, 06:51:35 AM
 #41

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
But come to think of it, only bitcoin remain the decentralized cryptocurrency, all other cryptocurrencies are not decentralized. There are over 20000 cryptocurrencies and many of them are not good coins to hold. Many of them do not have utility purpose. But luna is just one of its kind and a present failed project which could later inceease in price there is nothing impossible. If you want to use a coin that is not very volatile, you can use bitcoin.

Am i reading that Bitcoin is not that much valetile  Roll Eyes
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May 28, 2022, 07:08:10 AM
 #42

Obviously it's hard to predict how many projects are going to be rug pull this year nevertheless the negativity arround crypto industry is creating barrier between its growth which obviously can't be vanished anytime but we must always remember that there are so many positive factors of crypto currencies which indicates its bright future hence I believe there is no end, there are many positive things to come in crypto currency space. The massive adoption graph of Bitcoin and some other good altcoins incidents positive signs so there might be a good future of crypto currency space.
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May 28, 2022, 07:47:09 AM
 #43

How many projects will rug pull in 2022?
We are near halfway of the year already and there are many new projects that are doing rug pull. The latest one is DecentraWorld, an NFT game where the developers rug pulled the investors leaving to them a worthless token. How many more? There will be many in the future. I can't give an exact number obviously but if you want to avoid getting rug pulled, focus on investing in the more trust worthy tokens. Focus investing in the top tokens.

There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Invincible CEO? I don't know what does that mean. Anonymous team you mean?
Whatever that means, Luna CEO is bullshit. He scammed many investors and he just created a new blockchain like nothing happened. Raise voice on Luna CEO? How? He is an arrogant CEO who scammed many people just because many investors exposed the weakness of his old project.

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May 28, 2022, 08:06:09 AM
 #44

People like that will have no end in cryptocurrency if they leave cryptocurrency or even repent then there will be more new ahat people appear who are ready to steal our assets every project they make. There is no way to stop that, as technology develops, crime also gets worse. The only thing we can do is really analyze so that our assets are not stolen by them.

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Devifajarina
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May 28, 2022, 08:12:16 AM
 #45

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

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May 28, 2022, 09:03:30 AM
 #46

Obviously it's hard to predict how many projects are going to be rug pull this year nevertheless the negativity arround crypto industry is creating barrier between its growth which obviously can't be vanished anytime but we must always remember that there are so many positive factors of crypto currencies which indicates its bright future hence I believe there is no end, there are many positive things to come in crypto currency space. The massive adoption graph of Bitcoin and some other good altcoins incidents positive signs so there might be a good future of crypto currency space.

I am sure those project who just only create their own just because of hype or just because they just want to turn their brand into crypto, they will fail, I have seen many of them and unfortunately I become a mod of one of the project that I said, I advice them to make a back up plan and strategic plan but then they are just after the profit that they will make, they are good in coding and some other stuffs related to technology but they lack in marketing plans.
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May 28, 2022, 09:26:51 AM
 #47

From the very beginning of the decentralised finance hype, you could have guessed what the final outcome would be. Many defi, play2earn, nft projects are about to go to zero. The trend towards the collapse of such projects has already begun. Even TRX is creating a huge fund to support their algorithmic stablecoin usdd. That already speaks a lot. So they too are worried about the perspective of collapse. History always repeats itself. Before it was ico, now new names. But the meaning is the same.

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Hypnosis00
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May 28, 2022, 09:55:29 AM
 #48

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It was the fact that not all crypto projects will dare to survive along with the tough market competition, many will give up and become an exit scam, like Terra Luna.

ICO, IEO, NFT, metaverses...many of them are become worthless after a month, a year on their launch. Well, it is sad to say that as the market grow fast, many people were also trying to take advantage of the market to set a scam plan. Countless projects have died already but still, a lot more are coming. It was a big challenge to determine potential and legit projects that is why we can hear people complaining about being scammed.

R


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May 28, 2022, 10:10:20 AM
 #49

I don't think LUNA is a rugpull but maybe a coordinate attack I'm not sure how many rug pull projects will be here with a lot of people looking at crypto as an opportunity of investment and greedy people who wanted to take advantage of innocent new investors. I'm pretty sure this is not the last coin that will crash to almost 100%

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May 28, 2022, 10:43:38 AM
 #50

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

We really have to get used to the many new projects that have sprung up, that's because the crypto world always has a lot of trends.
And most of the new projects that are circulating usually end up being scams. Therefore, I am not surprised to know that many projects
will die in 2022. Moreover bear market is likely to last throughout the year. This has finally made many investors hesitate to enter the market
in the current market situation. It's not even a guarantee that a project that has a popular development team can continue to grow and survive.

For example, with what happened to LUNA, no one expected that this year LUNA could experience a very drastic price decline. Even LUNA has
harmed many investors, even though LUNA has a popular development team and a pretty good track record. But it is proven that
the popular development team does not guarantee that we can get profit from the project. In the end we have to be careful in choosing
potential projects, really do research and analysis properly, to avoid investing in the wrong projects. The most important thing is not to trust
other people's opinions when choosing projects for investment. Because the best we really have to rely on ourselves in choosing good projects.

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May 28, 2022, 10:49:02 AM
 #51

for the case of rugpull on crypto projects, I think it's very much before 2022, so I think it's a common thing in crypto investment, that's why we need to do some research.
while for LUNA, LUNA did make a lot of negative effects on the crypto world when the project crashed, it caused a lot of panic, not even a few investors tried to solve this legally. Because of this, the CEO of LUNA is still trying to fix the problem he created. this can be a threat to other projects so as not to make a scam project, or rug pull. however, current events can serve as a lesson, and one of bad history for crypto users. However, people learn from failure, so I think that another big project will try to do better than this one.

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May 28, 2022, 11:28:58 AM
 #52

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Building a project is really hard this time market is down most of the investors will never buy the token if projects team held an ICO to collect funds. They will surely move the ICO date or postpone it till the market become stable. For now most of the investors well really watch the market and make a different analysis about perfect time to buy.


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diminizio
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May 28, 2022, 12:59:35 PM
 #53

it doesn't start now but since DeFi started in 2020 they have been operating to intend to take most of the investors' money by way of rugpulls. Even until now no one can accurately predict the rugpull project, until the dev of the rugpull project itself has never been found. The thing we need to avoid is if the project never updates their team work progress, I think that's enough to prove they are a scam.

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pawanjain
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May 28, 2022, 01:31:52 PM
 #54

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.

What you have said is absolutely true. Sooner or later most of the coins without a purpose are gonna collapse.
It's not about the team but the particular product for which the project was built.
If the project is not sustainable then it will crash no matter how good the team is.
There are many projects which have the same utility as others and all of them will probably get dumped.

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sana54210
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May 28, 2022, 09:56:05 PM
 #55

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels
What I believe to be true is that CEO's of projects are the main reason why they are not liked and go up in the long run. I mean think about it, there is someone at the top of a project, what happened with decentralization? I prefer the ones that have nobody.

I get that there used to be decentralized networks with influential people, like ETH is decentralized but Vitalik has influence, but these are not even like that, these are like CEOs that end up deciding everything, doing everything, and that is how they approach the market as well and just switch anything they want with their project. I am sorry but that is not a good thing and hurts the market and the project.

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May 29, 2022, 08:36:27 AM
 #56

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

We really have to get used to the many new projects that have sprung up, that's because the crypto world always has a lot of trends.
And most of the new projects that are circulating usually end up being scams. Therefore, I am not surprised to know that many projects
will die in 2022. Moreover bear market is likely to last throughout the year. This has finally made many investors hesitate to enter the market
in the current market situation. It's not even a guarantee that a project that has a popular development team can continue to grow and survive.

For example, with what happened to LUNA, no one expected that this year LUNA could experience a very drastic price decline. Even LUNA has
harmed many investors, even though LUNA has a popular development team and a pretty good track record. But it is proven that
the popular development team does not guarantee that we can get profit from the project. In the end we have to be careful in choosing
potential projects, really do research and analysis properly, to avoid investing in the wrong projects. The most important thing is not to trust
other people's opinions when choosing projects for investment. Because the best we really have to rely on ourselves in choosing good projects.
it's not wrong when many people start trying on new projects, this is something new and must be followed, but can all this go according to our wishes, doesn't everyone enter this space to seek profits and minimize the risk as small as possible, Luna is an example most of the failures of new existing projects, knowledge and caution are needed to carry out investments here

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels
What I believe to be true is that CEO's of projects are the main reason why they are not liked and go up in the long run. I mean think about it, there is someone at the top of a project, what happened with decentralization? I prefer the ones that have nobody.
I get that there used to be decentralized networks with influential people, like ETH is decentralized but Vitalik has influence, but these are not even like that, these are like CEOs that end up deciding everything, doing everything, and that is how they approach the market as well and just switch anything they want with their project. I am sorry but that is not a good thing and hurts the market and the project.
In contrast to the cases that we often see with events that have occurred in the past, there was once a famous project based on decentralized utilities, but now project development is enough with the hope of the community and others. influential like Vitalik for example can boost a project to be better, I quite agree with the reasons you gave

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May 29, 2022, 09:46:51 AM
 #57

How many projects will rug pull in 2022?
(....)
I am also convinced that there is always a bear market on the market, it's because for sure to eliminate some projects that are frauds or scams.
Even in the last bear market 2017 - 2018, a lot of projects lost almost 90% of their value from the initial prize.
It will also become a lesson for most people, especially for those newcomers and greedy people.

ilovealtcoins
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May 29, 2022, 09:56:31 AM
 #58



There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.
Invincible CEO? I don't know what does that mean. Anonymous team you mean?
Whatever that means, Luna CEO is bullshit. He scammed many investors and he just created a new blockchain like nothing happened. Raise voice on Luna CEO? How? He is an arrogant CEO who scammed many people just because many investors exposed the weakness of his old project.
He is a blatant scammer, he should be investigated and judged. Just by creating a version of Luna2.0 and announcing the airdrop to compensate for the previous loss to investors, he got away with being a fraudster. People were too lenient with him.
Semar Mesem
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May 29, 2022, 10:31:11 AM
 #59

Don't be pessimistic when you see the market is red, this is a good opportunity to buy, I'm not worried about my assets dropping, in fact the last few days I invested MATIC, FTM, CAKE and several altcoins that have the potential to skyrocket soon,

.








.







.
Shasha80
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May 31, 2022, 02:57:14 PM
 #60

It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

We really have to get used to the many new projects that have sprung up, that's because the crypto world always has a lot of trends.
And most of the new projects that are circulating usually end up being scams. Therefore, I am not surprised to know that many projects
will die in 2022. Moreover bear market is likely to last throughout the year. This has finally made many investors hesitate to enter the market
in the current market situation. It's not even a guarantee that a project that has a popular development team can continue to grow and survive.

For example, with what happened to LUNA, no one expected that this year LUNA could experience a very drastic price decline. Even LUNA has
harmed many investors, even though LUNA has a popular development team and a pretty good track record. But it is proven that
the popular development team does not guarantee that we can get profit from the project. In the end we have to be careful in choosing
potential projects, really do research and analysis properly, to avoid investing in the wrong projects. The most important thing is not to trust
other people's opinions when choosing projects for investment. Because the best we really have to rely on ourselves in choosing good projects.
it's not wrong when many people start trying on new projects, this is something new and must be followed, but can all this go according to our wishes, doesn't everyone enter this space to seek profits and minimize the risk as small as possible, Luna is an example most of the failures of new existing projects, knowledge and caution are needed to carry out investments here


Not all new projects are bad investment choices, because there are some new projects that are good and have a clear function. So it's not wrong
if we want to invest in new projects, but the problem is finding good new projects is very difficult. Because based on the results of my investigation,
the majority of the new projects in circulation are not worth buying, and just copycat the previous project. I mean than we end up choosing
the wrong projects and lose the money we have, we better take safe steps not to invest in new projects. Unless we have good analytical skills and
are also experienced in the crypto world, we can try investing in new projects. But if we do feel lack of knowledge and experience, even our
analytical skills are not too good. So it's better to just focus on investing in Bitcoin and Ethereum which are very safe, because investing in Bitcoin
and Ethereum is less risky than new projects. In addition Bitcoin and Ethereum will usually always recover no matter how deep the price drops,
most importantly we can patiently wait until Bitcoin and Ethereum reach the price target we want.

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