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Author Topic: Are memecoins tarnishing the image of crypto?  (Read 1664 times)
Sebas.tian
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February 05, 2024, 03:53:01 AM
 #201

If you can stay away from memecoins in the market, it will help you to avoid scammers, because many memecoins has reduced many investors to nothing in the community because they refuse to embrace potential coins like Ethereum, Solana and BNB in their crypto trading. There is something many investors don't still understand about memecoins, the moment the project is launch in the market, the team behind the project will make it look like what will bring more favour to their investors which are things that always attract people to invest in such project. I don't think memecoins can destroy the image of crypto, because there are many coins you can invest in the bearish season that will give you double income in your crypto trading.

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February 05, 2024, 04:52:11 AM
 #202

I consider meme coins as scammer coins. Whoever issued meme coin just wants some free money because it doesn't have any other usecase. Why do people still want to invest in meme coin? Why don't all the blockchains issue their meme coin and pump those coins by locking most of the tokens within their wallet? Investor sees how all the meme coins are doing 100X within weeks so they want to jump on that train too. Meme coin don't have any future so if you can grab one before it starts pumping you can buy a tiny amount so that in case it shoots you get a lucky profit.

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February 05, 2024, 07:33:04 AM
 #203

If you can stay away from memecoins in the market, it will help you to avoid scammers, because many memecoins has reduced many investors to nothing in the community because they refuse to embrace potential coins like Ethereum, Solana and BNB in their crypto trading.
Many of these meme coins aren't really serious with what they've started and that's why many are into investing their money with it.

If you think that many of them should be avoided, I am with you and people should buy those coins that they're aware of and if they can buy bitcoin, it must be done.

There are communities now that are into pump and dump with these meme coins and they're unstoppable. Because whatever we tell them, they'll keep going.



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February 05, 2024, 02:28:58 PM
 #204

If you can stay away from memecoins in the market, it will help you to avoid scammers, because many memecoins has reduced many investors to nothing in the community because they refuse to embrace potential coins like Ethereum, Solana and BNB in their crypto trading. There is something many investors don't still understand about memecoins, the moment the project is launch in the market, the team behind the project will make it look like what will bring more favour to their investors which are things that always attract people to invest in such project. I don't think memecoins can destroy the image of crypto, because there are many coins you can invest in the bearish season that will give you double income in your crypto trading.
If we stay away from memecoin, our money will be safe. I think it is very important for us to stay away from memecoin because if we invest in memecoin, our money will be more likely to lose. So we should find something good and invest instead of investing in memecoin.  It can be very beneficial for us if we can.

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February 08, 2024, 08:50:56 PM
 #205

If you can stay away from memecoins in the market, it will help you to avoid scammers, because many memecoins has reduced many investors to nothing in the community because they refuse to embrace potential coins like Ethereum, Solana and BNB in their crypto trading.
Many of these meme coins aren't really serious with what they've started and that's why many are into investing their money with it.

If you think that many of them should be avoided, I am with you and people should buy those coins that they're aware of and if they can buy bitcoin, it must be done.

There are communities now that are into pump and dump with these meme coins and they're unstoppable. Because whatever we tell them, they'll keep going.
Its not really just not being serious but rather the main reason on why they do invest on it since it could possibly give out that easy multiple folds of their capital if they have chosen the right one.
Yes, they are shit but those shits could bring out money once you do able to invest into the sweet spot but of course this is something that would really be that risky to be done by someone since
we know that when it comes to rug pulls and fraud projects then those DEX's are really that flooded out with those kind or type of projects. If you wont really be that too careful
then you would really be ending up on losing tons. This is why it would be best that you should really invest the money which you can afford to lose.

If you could be able to bare up with the risks then it is good but if not then better avoid this market and would be better that you should be sticking into those
well established coins i would say.

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February 09, 2024, 02:07:06 AM
 #206

If we stay away from memecoin, our money will be safe. I think it is very important for us to stay away from memecoin because if we invest in memecoin, our money will be more likely to lose. So we should find something good and invest instead of investing in memecoin.  It can be very beneficial for us if we can.
if we just stick to invest in new project we might even get better profit than investing in meme coin the thing with meme coin at this current bullish season is, finding one that could get good pump is hard, but finding one that could cause our money to lose is easy, quite opposite if we invested in new project that just got listed and hits all time low, chance of recovery is high this equates to our profitability meanwhile finding one that will just outright dumps into zero is hard, altcoin is more lucrative business to invest, meme coin or should we say shit coin in the other hand just full of broke devs trying to make money out of creating exit liquidity from people money thats the thing.
still wonders me to this day why people are still so fixated in investing in meme coin meanwhile there are tons and tons of thing that are better for investment, well i guess people have their own idea.

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February 09, 2024, 05:19:42 PM
 #207

If you can stay away from memecoins in the market, it will help you to avoid scammers, because many memecoins has reduced many investors to nothing in the community because they refuse to embrace potential coins like Ethereum, Solana and BNB in their crypto trading.
Many of these meme coins aren't really serious with what they've started and that's why many are into investing their money with it.

If you think that many of them should be avoided, I am with you and people should buy those coins that they're aware of and if they can buy bitcoin, it must be done.

There are communities now that are into pump and dump with these meme coins and they're unstoppable. Because whatever we tell them, they'll keep going.
Not just many but all of them are not serious because the word meme is also not serious and it's funny if that is the reason on why many are investing with them but the only reason on why meme coins can still get an investor is because meme coins are an easy-to-ride vehicle to create a pump. Investors on them are greedy and wants to become rich overnight.

I salute those concerned users who keeps on giving warnings to the investors to stay away from these types of coins despite knowing that there will always be hard-headed investors who still insist to. If that is what they really want just give it to them and just let them regret later on.
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February 09, 2024, 09:58:36 PM
 #208

Every day, thousands of memecoins are launched, and unfortunately, around 95% of them turn out to be scams. This scam epidemic is affecting many people, especially newcomers who lack experience and are more vulnerable to such scams.

The issue arises when newbies join the crypto space and fall victim to these scammers, leading them to blame all of crypto as a scam. While some memecoins have indeed damaged the reputation of the crypto industry, others have achieved incredible success, with values skyrocketing by 100 or even 1000 times.

For beginners, it's advisable to steer clear of memecoins. However, if they still want to get involved, they should consider investing in memecoins listed on reputable exchanges, even if it means earning lower profits. One example I follow is Bitget's memezone, where memecoins may not be listed at the start of their project but get listed at an early stage. Unlike DEX, these platforms provides more security, reducing concerns about being unable to sell,or removal of LPs.

Who cares what kind of coins that exist or not? Of course you have right to think whatever you want my friend but stop be so sensitive it's up to the individual to make a decisions not a government or something else, we must realize we are smart and have power to take our own decisions instead of being busy and complain about meme coins, because meanwhile we complain others getting rich because of them. Do we want to be a winner or loser? Meme coins is the ultimate short term investment, people that call them scams do so often because they compare it with Bitcoin instead of see it of what it is and don't compare apples with pears, and they also don't know anything about trading they probably just holding bitcoin and think that makes them to a pro trader.  Cool Knowledge is power. Come on now, let's take over this world together, I believe in you!
Good luck.
Yeah, this is totally about envy of others getting rich with "wrong" coins. And i find it distateful that people see freedom of making any coins as tarnishing the image of crypto. Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea. But yeah, funny meme coins are the ones that are giving crypto a bad name. Pepe tokens and tokens alike are never going to to take crypto down, in fact they are bringing in new generations to this space, that want to show old suits what they think of their finances. But CEXes evading regulations and aml laws, the fact that terrorists get funded by this, might hurt us worse than anything.

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February 09, 2024, 11:02:45 PM
 #209

Every day, thousands of memecoins are launched, and unfortunately, around 95% of them turn out to be scams. This scam epidemic is affecting many people, especially newcomers who lack experience and are more vulnerable to such scams.

The issue arises when newbies join the crypto space and fall victim to these scammers, leading them to blame all of crypto as a scam. While some memecoins have indeed damaged the reputation of the crypto industry, others have achieved incredible success, with values skyrocketing by 100 or even 1000 times.

For beginners, it's advisable to steer clear of memecoins. However, if they still want to get involved, they should consider investing in memecoins listed on reputable exchanges, even if it means earning lower profits. One example I follow is Bitget's memezone, where memecoins may not be listed at the start of their project but get listed at an early stage. Unlike DEX, these platforms provides more security, reducing concerns about being unable to sell,or removal of LPs.

Who cares what kind of coins that exist or not? Of course you have right to think whatever you want my friend but stop be so sensitive it's up to the individual to make a decisions not a government or something else, we must realize we are smart and have power to take our own decisions instead of being busy and complain about meme coins, because meanwhile we complain others getting rich because of them. Do we want to be a winner or loser? Meme coins is the ultimate short term investment, people that call them scams do so often because they compare it with Bitcoin instead of see it of what it is and don't compare apples with pears, and they also don't know anything about trading they probably just holding bitcoin and think that makes them to a pro trader.  Cool Knowledge is power. Come on now, let's take over this world together, I believe in you!
Good luck.
Yeah, this is totally about envy of others getting rich with "wrong" coins. And i find it distateful that people see freedom of making any coins as tarnishing the image of crypto. Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea. But yeah, funny meme coins are the ones that are giving crypto a bad name. Pepe tokens and tokens alike are never going to to take crypto down, in fact they are bringing in new generations to this space, that want to show old suits what they think of their finances. But CEXes evading regulations and aml laws, the fact that terrorists get funded by this, might hurt us worse than anything.

Quote
Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea.
I choose to take western media very lightly, they seems to be able to lie about very much about this I don't know anything and don't support North Korea but if they could steal crypto that easy so often...
why not do it more?

But others, like yeah who cares? If you hate them (meme coins), story your BTC and be bitter nobody cares about you and your'e opinion. (Now I don't speak about you, I speak in general)  Kiss Smiley
And also meanwhile these people is busy hating other getting rich.
And instead of work against each other and hate and push each other down that this forums members is expert to, work TOGETHER against the POWER. Because the PEOPLE is THE POWER.
But sadly to many is poisoned by their governments and believe everything they say like knee dogs.  Cheesy
We could make this world amazing, but instead we turn part of part of it down mean while working against each other and the one in charge just smiling meanwhile.


People are to fucking busy to care what others does and thinks so they forget to live their own life to 100%. It's sad!

BitcoinTurk
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February 11, 2024, 07:10:53 PM
 #210

It will not be possible to say yes or no in answer to this question because an individual who has just entered the cryptocurrency market may lose all his/her money by trading Memecoin or in the opposite case, he/she may earn several times more. Of course, especially a new person, in such a situation, there is a very high probability that he/she will try to trade memecoin like crazy and at some point he/she will lose all the money he/she has earned, including his/her principal. In other words, like many memecoins that turn out to be scams there are many different memecoins on the market that can have positive results and for this reason they don’t cause newbies to think negatively about the cryptocurrency market.
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February 11, 2024, 08:52:10 PM
 #211

-cut-
Quote
Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea.
I choose to take western media very lightly, they seems to be able to lie about very much about this I don't know anything and don't support North Korea but if they could steal crypto that easy so often...
why not do it more?

But others, like yeah who cares? If you hate them (meme coins), story your BTC and be bitter nobody cares about you and your'e opinion. (Now I don't speak about you, I speak in general)  Kiss Smiley
And also meanwhile these people is busy hating other getting rich.
And instead of work against each other and hate and push each other down that this forums members is expert to, work TOGETHER against the POWER. Because the PEOPLE is THE POWER.
But sadly to many is poisoned by their governments and believe everything they say like knee dogs.  Cheesy
We could make this world amazing, but instead we turn part of part of it down mean while working against each other and the one in charge just smiling meanwhile.

People are to fucking busy to care what others does and thinks so they forget to live their own life to 100%. It's sad!
I got so many questions from this, like "why not do it more?". You do realize how much money $3 Billion is? It's like asking, that if Jeff Bezos can make so much money so easily, why not do it more?

And as you very well know, stolen crypto can be tracked by anyone as blockchain transactions are transparent, no matter where they trade it, and it's just not by government officials that have been tracking groups like Lazarus Group. Maybe you could dig up the proof as you obviously seem to know more then rest of us. And let's play that even if it wasn't because for some weird consipiracy NK related, those hackers still exist and how is that not tarnishing the name of the crypto more then some freedom of making meme tokens?

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the rise
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February 11, 2024, 09:24:04 PM
 #212

not just teasing. This is the only thing that tarnishes crypto, long before memecoin was popular, many projects were scams like ico in 2017, and of course scams like this are difficult to eradicate, but if people are experienced in crypto, they will read more about the project, see the team, and who their investors are. Of course, so stay alert to crypto fraud, maybe now we don't know what the next trend will be

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February 12, 2024, 12:33:40 AM
Last edit: February 12, 2024, 12:45:29 AM by BabyBandit
 #213

-cut-
Quote
Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea.
I choose to take western media very lightly, they seems to be able to lie about very much about this I don't know anything and don't support North Korea but if they could steal crypto that easy so often...
why not do it more?

But others, like yeah who cares? If you hate them (meme coins), story your BTC and be bitter nobody cares about you and your'e opinion. (Now I don't speak about you, I speak in general)  Kiss Smiley
And also meanwhile these people is busy hating other getting rich.
And instead of work against each other and hate and push each other down that this forums members is expert to, work TOGETHER against the POWER. Because the PEOPLE is THE POWER.
But sadly to many is poisoned by their governments and believe everything they say like knee dogs.  Cheesy
We could make this world amazing, but instead we turn part of part of it down mean while working against each other and the one in charge just smiling meanwhile.

People are to fucking busy to care what others does and thinks so they forget to live their own life to 100%. It's sad!
I got so many questions from this, like "why not do it more?". You do realize how much money $3 Billion is? It's like asking, that if Jeff Bezos can make so much money so easily, why not do it more?

And as you very well know, stolen crypto can be tracked by anyone as blockchain transactions are transparent, no matter where they trade it, and it's just not by government officials that have been tracking groups like Lazarus Group. Maybe you could dig up the proof as you obviously seem to know more then rest of us. And let's play that even if it wasn't because for some weird consipiracy NK related, those hackers still exist and how is that not tarnishing the name of the crypto more then some freedom of making meme tokens?

Thanks for being a perfect example of my meanings! this is exactly what I mean - Wasting time on nothing... Trying to battle each other... It's POINTLESS!

Point is - WHO CARES? Why you even care about this? You obvious need to lend money online from a stranger online and promote a casino and this is your concerns in life? If I was you I would focus on myself and my life instead.
Swift focus and focus on yourself and be a better person then you was yesterday, I am not saying you are bad today but if you need to lend money online you for sure can do a lot better! No excuses just do it.
Do something createful and thenyou don't need to lend money ever again from anyone give yourself freedom instead of speaking about it! Start to be a winner instead and stop F focus on things you never ever can make an impact on.


Quote
Maybe you could dig up the proof as you obviously seem to know more then rest of us.
What did I claim? That I take western media lightly? I do they lie a lot very often.

PS: Yes I know how much money $3 Billion is it's exactly $3 Billion. Do  you know how much it is? Cheesy

I believe in you friend! Start your journey now and stop wasting yours and my time for absolutely zero reason it will only lead to another loan.

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February 14, 2024, 03:31:00 AM
 #214

Shitcoins are keep launching in cryoto market since years but now they found a name which is "memecoin" and shift themselves in that category where they don't need to think about white paper, roadmap, verification ownership or anything else. Just make hype, pump the price and scam people. It is very common nowadays. And memecoins are always listed in low quality exchange by giving low fees. They don't go for good exchange cause they know that they'll be disappeared soon. Only shiba & doge can be considered but with caution

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February 14, 2024, 04:09:26 AM
 #215

Shitcoins are keep launching in cryoto market since years but now they found a name which is "memecoin" and shift themselves in that category where they don't need to think about white paper, roadmap, verification ownership or anything else. Just make hype, pump the price and scam people. It is very common nowadays. And memecoins are always listed in low quality exchange by giving low fees. They don't go for good exchange cause they know that they'll be disappeared soon. Only shiba & doge can be considered but with caution
And there's no way on stopping that and this is why it would really be just that right or wise that you shouldnt really be that confident on investing with these shits, but we do like it or not
there are really those people who do really love on engaging with these shits specially if they could be able to make some easy money or return.Even myself did make some
engagement with some solana degen or even on ETH network wayback and also with BSC on which there are really tons of shitcoins that you could really be able to deal with.

This is why it would really be that important that you should really be making yourself wary about those potential risks. If other people do really have those plans on
keeping on engaging to it then this market wont really be stopping and those developers would really be keeping on making those shitcoins everynow and then.

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March 06, 2024, 09:42:47 PM
 #216

My opinion is that meme coins and associated fraudulent schemes pose a risk, especially for newcomers. It's better for newcomers to avoid meme coins due to the high risk involved. If they still decide to invest, they should choose meme coins traded on reputable exchanges and be mindful of the risks associated with this type of asset.
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March 09, 2024, 09:07:54 PM
 #217

Crypto is a risky game and it needs courage and knowledge to drive in true direction. Not only a memecins are shitcoins but also a crypto from verious catageoy, could be shitcoin. As memecoin launched a lot already and people greed too much, that's why most of people loss in memecoin investment and that's why memecoin comes to light but its in discussion that memecoin tarnishing crypto imagine. The solution is, don't be greedy and go for memecoin investment with a little fund what can afford to loss

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April 13, 2024, 10:38:27 PM
 #218

Its true that memecoin tarnishing the real face of crypto but memecoins aren't only responsible. If you analysis last 6/7 years chart, memecoins weren't so much in trend but there were shitcoins and those were also launching and scamming people as same way as memecoin do. You'll find thousands of shitcoins projects who sold their token in ico and never listen.. then when IEO came, team withdrawed all liquidity and scam people. And then defi did the same. And now memecoin doing so. So why only blaming memecoin? There are and there will be always shitcoins which will keep launching in future too. All Crypto industry won't be responsible for that if you choice shitcoin. So need to invest wisely

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April 14, 2024, 09:38:21 AM
 #219

Crypto is a risky game and it needs courage and knowledge to drive in true direction. Not only a memecins are shitcoins but also a crypto from verious catageoy, could be shitcoin. As memecoin launched a lot already and people greed too much, that's why most of people loss in memecoin investment and that's why memecoin comes to light but its in discussion that memecoin tarnishing crypto imagine. The solution is, don't be greedy and go for memecoin investment with a little fund what can afford to loss

People often loss their money due to greed even they know that most of the Meme coins turns into shitcoins but still they are investing in it because they wants quick revenue. This is only greed due to which people are often facing difficulties in life so if they choose successful coins and hold it by tolerating all dumps and pumps then he can reduce his greed as well as can get rid of the habit to choose shitcoins.

I will say that Meme coins are going as a successful coins these days but there is no commitment that upto which year they will be as such profitable as they are now because everyone is familiar that lots of people have lost their money just because of meme coins but still they are prefering their Meme coin due to greed and ignore the success of top coins.



 

 

 

 

 

 


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