All the crypto industry is running by shills - page 2.

sana54210

legendary

Activity: 3318

Merit: 1128

Quote from: maydna on May 30, 2021, 09:06:00 AM

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.
Youtubers get 30K for 1 video to talk about the coin

I agree about "Don't believe everything" before we research ourselves because they can say anything because of their reason. If that comes from the Youtube channel, they want to attract more subscribers and viewers, which means they can get more payment from Youtube. If that comes from Reddit, they can get more followers who will wait for the updated news, which they don't know if that news is right.

But if we can use whatever they say for our benefits, especially if after they say like that gives an impact to the price, it will give us a chance to do something and make a profit later.

If that project really good, I am sure the project can compete with other projects and impact the price. We need to wait for the time to answer and don't rush to decide.

I have worked with plenty of projects in my past, I made a good amount of money from working with those projects, and some of them failed, and the project I am currently involved with is not doing that great neither. However while I worked with those places I have learned one thing ; people lie for money. I know that sounds like a very simple truth that everyone should know about but the fact is that people are not really focusing on the that fact when they are watching a very high quality youtube video.

You look at it and it is 10 minutes of someone you trust talking about a great new project with amazing editing and all and you think to yourself that person must be telling the truth, why spend 1k+ on editing and maybe 1 week manhour work on just one video if it is not the real thing right? Well that guy asks 10 bnb for a video, that's 3k+ dollars, 3k+ per week is an amazing money wherever you are living, especially in not big nations. That's why I never trust anyone aside from the whitepaper.

Skinny48

member

Activity: 448

Merit: 18

I use social media to get more information about crypto but I never used them for decision making or crypto investment decisions, what do you expect? Everyone is looking for ways to fill their own pockets so no one cares or ready to show you what to do to make that money or ROI, do your own research and find your own way,

blue_hurricanger

full member

Activity: 653

Merit: 183

I agree with you there are many lousy coins out there infested with shills. There is various type of shills, those did it for their own monetary gain aka cunts have a big bag in said coin and just want to shill it. Then there are shills that on payroll from dev of that coin which is the type I hate most.

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.
Youtubers get 30K for 1 video to talk about the coin

I agree about "Don't believe everything" before we research ourselves because they can say anything because of their reason. If that comes from the Youtube channel, they want to attract more subscribers and viewers, which means they can get more payment from Youtube. If that comes from Reddit, they can get more followers who will wait for the updated news, which they don't know if that news is right.

But if we can use whatever they say for our benefits, especially if after they say like that gives an impact to the price, it will give us a chance to do something and make a profit later.

If that project really good, I am sure the project can compete with other projects and impact the price. We need to wait for the time to answer and don't rush to decide.

Trinx01

member

Activity: 297

Merit: 40

Do not just rely and depend on youtube, that channel that is promoting a coin and making promises that those coin will become better in the future are being paid so you should be careful, the best thing to do is to research, do not just depend on one source or one person who will tell you what to invest, make your own research, it would be better if you will have a lot of sources to strengthen your claim.

serjent05

legendary

Activity: 3010

Merit: 1280

Get $2100 deposit bonuses & 60 FS

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.

Youtubers get 30K for 1 video to talk about the coin

It is called a marketing strategy. It is no news that any company that wanted their presence to be known hires people that will either introduce them or boost their fame. And besides, anyone realized BTC would go to $10k way back in 2011? Many people talk about Bitcoin going up to more than 100x its value during those times and many like you think it is a shit thing but well, it happens. So anyone should not assume that they know the trend of each coin because it is currently sold at a low price. Oh btw, being an advertiser is one of the most paid jobs in the industry.

SacriFries11

sr. member

Activity: 882

Merit: 253

Quote from: tabas on May 29, 2021, 05:32:42 PM

Don't depend on those youtube videos that you see being shilled by a guy that has a huge following. You can distinguish which is being shilled and which is a good project that's really concerned with the community. This is not new. If you remember that John McAfee has also become one before and it was very effective to those projects that paid him a lot of money. In our time, it's not only about youtube content creators but probably also really popular people on their own industries.

I agree, even youtubers getting paid to promote the project. We need to be more practical and do our own research about the token. It’s being popular for those tokens especially if they have huge community. They being hype but after a few weeks they will immediately dump. The tokens that OP said have huge potential but the price is too much we expect. I don’t see that it will reach that point immediately. I just trust the process and be patience.

Ziskinberg

hero member

Activity: 3010

Merit: 666

I don't want to assume that it's your conclusion, but if it is, you are wrong.

Yes, there are shills, the biggest is Elon Musk but investors with real experience investing know it already.
The market is pretty much manipulated, but despite that, you can still be profitable because it's easier to predict when you know this exists.

It's a volatile market, very volatile, hence very risky.

Why it's volatile, because of the manipulation happening and newbie just riding it easily.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Fuds are everywhere so must be aware about it, they will not stop especially on this current situation wherein most ppl were became negative due to their losses that turn them into frustrated.. Must do your own research to prevent such things because its always a good way to recognised which is fuds and legit ppl nowadays..never ever rely to someone remember that.

ene1980

hero member

Activity: 2002

Merit: 535

Quote from: Coyster on May 30, 2021, 05:58:47 AM

Basically, most of the crypto channels are run by scammers and shills who are in the business of selling fake signals to newcomers, it's not so easy to do you own research, but with more patience and less avarice, it's possible to achieve.

You cannot necessarily call them scammers but they will promote anything if you are willing to pay them and this is nothing new in the market, a couple of hundred dollars and they will start shilling for any project and this is going on for a long time. So anyone new in the market should be aware of these things whether they see something in social media or elsewhere you need to understand these things.

Coyster

legendary

Activity: 2184

Merit: 1302

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Youtubers get 30K for 1 video to talk about the coin

Quite a lot of investors want 'experts' to do their research for them, thus they rely on Youtube and other social networks to get analysis and investment advice, if you want to invest in a coin, it should be out of your own analysis and research, they are a lot of coins, many of which are pump and dump coins, thus, most of the times shills endorse shitcoins, and if you go by their analysis, you'll lose your funds.

Basically, most of the crypto channels are run by scammers and shills who are in the business of selling fake signals to newcomers, it's not so easy to do you own research, but with more patience and less avarice, it's possible to achieve.

Jackl87

sr. member

Activity: 1722

Merit: 269

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.

Youtubers get 30K for 1 video to talk about the coin

I think that the big and established projects don't really have to pay for shills anymore because those are multi million dollar comapnies and everyone knows those projects already and i don't think some youtube oder twitter shiller with 50k subscribers will have any impact on that. Those shillers do that because they own bag of those projects themself and therefore they want the price to rise.
It's different on new and upcoming projects though. Crypto influencers often get a private sale allocation for this projects if they advertise for this projects, then once the project goes live and is tradeable those influencers will dump their big bags on to their followers.

amishmanish

legendary

Activity: 1904

Merit: 1159

This is a big problem because most of the outlets for people to express opinion have been crowded out by influencers and shillers. There are very few outlets with crypto enthusiasts that are anonymous and independent.

While people keep telling others to Do their own research, unfortunately, there is very little guidance available for newbies. The best guidance is probably available in this forum itself if you go to the Bitcoin section more than the Alt-coin section.

I have been trying to start conversations in the Alt-coin section for people to start having informed discussions about projects and the importance of fair distribution, holding developers accountable and so on. There really isn't an authentic place where people can express the realities about a project and it is mostly those Telegram groups and Discords which are monitored and controlled to remove any questioning.

Wish the forum can become an alternative for truly democratic discussion on these new projects that keep launching.

btc-room101

member

Activity: 182

Merit: 30

Quote from: kryptqnick on May 30, 2021, 04:49:27 AM

If we're talking about small ICOs, they're definitely paying influential Youtubers for positive videos about them and are pushing their coins in the media for money as well. However, I don't think that's the case with big projects because companies can become genuinely interested in them, invest money and then do the shilling themselves because of being interested in the growth of the price. I'm sure there's no shilling with Bitcoin or Ethereum, for instance, and I think that other top cryptos by market capitalization truly have people who believe in them.

OHHHHHHHHHHH GAWD

The big projects are worse, CHIA the new HDD coin, has dozens of people on YT talking shit about CHIA, telling people to buy HDD's and mine green, failing to tell them they'll lose their ass, and lose their $$, and destroy the drives.

Just google YT "Chia mining", all are paid XCH from chia-net, and some from WD & Seagate for the YT's

HUGE money, huge projects

...

Well for ETH&BTC it just happens other ways, say BTC you will see shilling for 'cold wallets', aka trezers and other crap; On ETH you see shilling for 'token-shit'; There is not purpose of shilling for BTC as that's what this site does, 100% shilling 24/7 for BTC

btc-room101

member

Activity: 182

Merit: 30

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.

Youtubers get 30K for 1 video to talk about the coin

yep, all is a scam, its the cost of entry, losers are attracted to crypto, morons with money fall over themselves to buy shit-coins, rinse & repeat

it works until it doesn't

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

If we're talking about small ICOs, they're definitely paying influential Youtubers for positive videos about them and are pushing their coins in the media for money as well. However, I don't think that's the case with big projects because companies can become genuinely interested in them, invest money and then do the shilling themselves because of being interested in the growth of the price. I'm sure there's no shilling with Bitcoin or Ethereum, for instance, and I think that other top cryptos by market capitalization truly have people who believe in them.

addytran1987

newbie

Activity: 4

Merit: 0

I thinks just keep your way. Dont care about anything else

Jawhead999

legendary

Activity: 1820

Merit: 1207

Quote

All the ~~crypto~~ money industry is running by shills

Not on crypto only, all industry that related to money is also running by shills. Just take an example if there's a referral link/MLM jobs, everyone will share his link and invite people to join while he only giving a shit review or just telling people to become rich instantly.

What you need is avoid all crypto influencer and never click any suspicious/shortener link so he will not get anything from you.

decodx

hero member

Activity: 1456

Merit: 940

🇺🇦 Glory to Ukraine!

Quote from: Hamphser on May 29, 2021, 06:59:13 PM

Quote from: charlieargentina on May 29, 2021, 01:23:10 PM

Especially the smaller market cap coins. But even big coins like XRP, ADA etc I can almost gurantee you that they are paying for shills.
Don't beleive everything you see in Youtube and in Reddit. ADA to $10 eoy
Theta to $1000 and all of this shit.

Youtubers get 30K for 1 video to talk about the coin

Always DYOR!

This market had lots with those kinds of propagandas and false advertising or just simply make out shills or fuds.So its just sensible that you should really be aware with those things that could happen.

When you do make out investment decisions then you should really consider on looking on what are the things should be look out for and you should make out hasty decisions without research or verification.

Dont easily listen into others recommendation because this is usually the reason on why most people do lost up their investment.

I agree. Hasty or amateur investment can be very detrimental to your financial future.

I was reading this comment section, with the comments talking about how since the market is so low, it is a good time to invest. There were even people saying "Well, I'm happy to buy coins on the cheap". Which I think is definitely a risky move.
Just because the market is low, doesn't mean that it's a good time to make a massive investment into it.

warg2017

full member

Activity: 243

Merit: 100

I think that just only an ad，people can upload or post what they want，but it is not means that we have to buy it. We have our judgement，we will not just because of the video says ADA to $10 or one post talks Theta to $1000 then we believe it.

Topic: All the crypto industry is running by shills - page 2. (Read 411 times)