All the crypto industry is running by shills

Meta anggraini

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Quote from: Teraboy on May 30, 2021, 08:03:43 PM

Quote from: Koutami on May 30, 2021, 06:53:46 PM

I think its mean for Endorsing coin (shilling the project) in the Youtube by a big Youtuber will cost about 30k usd, i bet only whales who use this tools to pump their coins since its a big money.

It's not the whale but it mostly coming from the project team. XRP already paid lots of shillers to shill its project and it goes down after SEC's case with it. The shillers are getting paid to promote the project.
IO don't believe the whales were using this because i rarely seen the whales were ordering the shill to create shilling contents.
The whales can pump it anytime and it doesn't require the shillers.

Is it like McAffee case? I dont really into XRP case, i think its because of manipulation rather than shiller. AFAIK the whales requires shiller too, but its usually from hype news or telegram broadcast.

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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

While I have no doubt there are some paid accounts and bots out there trying to promote a coin I do not think in many cases this is even necessary, people out of their own volition will promote a coin since they have an economic interest to do so because they are expecting to attract enough people to the coin in which they have invested and the price begins to go up, this is why social media websites are such a bad bet to find a good coin as everyone is always talking great things about their coin but you know they have an economic interest to do so.

isaac_clarke22

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

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Even if it isn't from those coins, I would not trust any project reviews in Youtube even if the uploader/s demonetized his/er/their video/s.
Being paid from a deal through email is still a thing. It is just like those sponsorship for some crappy software/s.

dimonstration

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Dimon69

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Surely we should not be easily interested in the coins spoken about by certain people, because they have their own way to earn money, especially in the world of crypto, so to hold a coin we have to research ourselves in the crypto market so as not to be mistaken in choosing coins for our investment, sometimes everyone can manipulate the market because it has received payment from certain parties.

Coins from shills are good for trading if we will be able to join the hype at the right time. I'm glad before I was able to earn profit form ICO and then became IEO. I started to really take some profit whenever possible or it quite gained 50% if it's from altcoins I weren't really search for or just it's popular at that day or week. I don't invest longer now in non top altcoins and just prefer to keep it in BTC or USD.

pinggoki

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Not all of the crypto industry is running by the shillers but there are some of them who are really running by the shillers in which they are hiring shillers for YouTube, reddit and telegram in order to promote their small cap project and by that they are getting paid by the project. There's a lot of small projects that are runs by the shillers and it is really an attractive project because as we can see the soft cap and hard cap of the project was quiet low so it is very easy to achieve but the thing is that there are so many scams here especially when they rug the project. The first rule was DYOR or do your own research before entering or investing in this small projects to avoid those scam projects. Don't initially believe on what you are seeing in YouTube, Reddit and etc. better if you will research it before investing.

sana54210

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Quote from: maydna on May 31, 2021, 02:21:35 AM

If that is related to money, people will do anything, but some people can do their honesty while working on their projects. And that makes the project can survive, even in the hardest situation, because they believe that if they can do their best and honesty, they can convince people that they will not lie about their work.

People can do anything, including editing a video and upload it on Youtube. It is easy for people who have a lot of money because they can hire someone to do that thing and do the rest. Knowing the project from the whitepaper can be a solution, but not all whitepaper from the project can telling the truth because I am sure you already heard about a project that copycat the other project just to invite more investors to invest in their project. It needs make us be careful and selective to participate in the project.

If you have read all the whitepapers you are interested in then you have read a ton of whitepapers and can make research based on that, which means if there is a copy cat you will know that and stay away from that. I personally never failed when checking the whitepaper because even if it sounds too good then you know it is usually not true neither, I just check what they want to achieve and what they have achieved and I decide if they can actually do what they say they will do.

This is why I rarely get duped by projects and rarely lose investment on small stuff. Plus when I invest in tiny market cap stuff I do not stay over a week I just stay for 3-5 days and get out and that is how I make my profit. I just do not listen to anyone who shills any coin.

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Quote from: gurunanakji777 on May 31, 2021, 07:54:26 AM

Yes, I would also say never ever believe the YouTuber asking to hold you for the long-term or waiting for his given target most of them are paid videos to fool the investors and the holders so be wise while taking any decision on the basis of other's or expert's advice. Always do your own analysis & gather all the information about the project before taking any step. Fact check is must.

the truth is when you get enough profit it comes out immediately. and re-enter when the market is in a correction because the crypto market will definitely experience a correction even though it has made a strong pump. we just high determine the right time.

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Yes, I would also say never ever believe the YouTuber asking to hold you for the long-term or waiting for his given target most of them are paid videos to fool the investors and the holders so be wise while taking any decision on the basis of other's or expert's advice. Always do your own analysis & gather all the information about the project before taking any step. Fact check is must.

maydna

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Quote from: sana54210 on May 30, 2021, 11:39:11 AM

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.

What you say it's right. If that is related to money, people will do anything, but some people can do their honesty while working on their projects. And that makes the project can survive, even in the hardest situation, because they believe that if they can do their best and honesty, they can convince people that they will not lie about their work.

People can do anything, including editing a video and upload it on Youtube. It is easy for people who have a lot of money because they can hire someone to do that thing and do the rest. Knowing the project from the whitepaper can be a solution, but not all whitepaper from the project can telling the truth because I am sure you already heard about a project that copycat the other project just to invite more investors to invest in their project. It needs make us be careful and selective to participate in the project.

tsaroz

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It's just the crypto market is much more volatile than other markets. Every market in the world are run more by shills and rumors. Supply and demand are the result of traders psychology rather than need. The market is affected more by news and immediate actions than by fundamentals or future. The best way to sustain in the market is to move with the flow. Or follow the herd.

Luffygroove

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shilling or I should say marketing in business is common. This is their job to market their products, and one of the ways is by using influencer's service. Meanwhile, our job as an investor to not influenced easily by these people or just following like dumb people. We need to do our own research and analyze the project and market ourselves. Yes, we can get some information from them, but still, we need to filter that information first before deciding to do some investment in a certain project

Bitbtc8

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Either good or bad a new crypto project needs hypes to get noticed and popular, shilling doesn't mean the projects are scam or bad that's why you need to do your own good research before promoting or investing in any project

meanwords

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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

Obviously. Without any of those "big gains, invest now" "large returns" "invest in future" type of thing, there wouldn't be anything special to them. They want people to get hype to their project because if they don't, they are really nothing any different from other coins. That's why it's the battle of the hypes here in cryptocurrency. You can see the those who have the most hype, even if it's an obvious scam, it'll always get the price pump.

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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

if you are use to marketing strategy then that will be against the reality because market is run by these kind of thing.

to lure people/investors they should tell them stories without any real value but the bad thing is people tend to believe even if it really sounds impossible to happen at the moment.

But anyway , I already tired of listening to those stories so at any cost? i hate it..

wajik-tempe

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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

That's why we need to learn a lot about the market and not following anyone. Doing our own analysis and get sources of information as much as we can to prevent FUD from any videos that promote a coin. Crypto is sometimes could be a pump and dump game but also it's a great future investment if we handle it well

Teraboy

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Quote from: Koutami on May 30, 2021, 06:53:46 PM

I think its mean for Endorsing coin (shilling the project) in the Youtube by a big Youtuber will cost about 30k usd, i bet only whales who use this tools to pump their coins since its a big money.

It's not the whale but it mostly coming from the project team. XRP already paid lots of shillers to shill its project and it goes down after SEC's case with it. The shillers are getting paid to promote the project.
IO don't believe the whales were using this because i rarely seen the whales were ordering the shill to create shilling contents.
The whales can pump it anytime and it doesn't require the shillers.

Koutami

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Quote from: flagpara on May 30, 2021, 06:44:13 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

I don't understand "30k for 1 video". Please answer it. Top altcoins will return you a good profit, the only problem is out of the top altcoins. Out of the top altcoins are very risky but profit. We shouldn't believe all types of promoting projects without our research. Now I'm looking for good altcoins which price is very low but volume good, there isn't any promoting video.

I think its mean for Endorsing coin (shilling the project) in the Youtube by a big Youtuber will cost about 30k usd, i bet only whales who use this tools to pump their coins since its a big money.

flagpara

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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 don't understand "30k for 1 video". Please answer it. Top altcoins will return you a good profit, the only problem is out of the top altcoins. Out of the top altcoins are very risky but profit. We shouldn't believe all types of promoting projects without our research. Now I'm looking for good altcoins which price is very low but volume good, there isn't any promoting video.

Meta anggraini

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Quote from: watergold on May 30, 2021, 12:37:38 PM

That's right, I really don't agree if we have to easily trust their content on YouTube just to increase their broadcast hour rating. it is just an attraction and many of the novice traders are trapped and easily believe their words. so the problem is we have to really do our own analysis based on factual references. the videos on YouTube are illustrative only and not entirely accurate.

AFAIK many video on youtube just for keeping us aware about what hot coin on the market at the moment, then we need to research deeper to decide to invest.
The purpose of the video is to attract audience to watch the video and they got adsense from it, im not sure if they got paid and didnt mention it on video as paid advertisment video.

watergold

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That's right, I really don't agree if we have to easily trust their content on YouTube just to increase their broadcast hour rating. it is just an attraction and many of the novice traders are trapped and easily believe their words. so the problem is we have to really do our own analysis based on factual references. the videos on YouTube are illustrative only and not entirely accurate.

sana54210

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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

Jawhead999

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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.

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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

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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.

masterrex

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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 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 shilling is a part of the crypto lifeline. It is just a kind of aggressive marketing strategy that uses famous personalities to promote a particular coin/token like Elon Musk for example, and it is very effective in some instances. IMO, I think there's nothing wrong with that strategy because I believe investors are already knowledgeable enough to choose what is the best cryptocurrency to invest in, base on their own judgment.

KaliLinux

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Quote from: wack slacker on May 30, 2021, 03:08:08 AM

The job of YouTubers is to make money and they make videos for people to watch it. They can exaggerate any project but they are not deceiving us. A good project will have many people's awareness and investment. So please accept advertising in the cryptocurrency market as a reference only.

I agree with you but whether they are just giving their own expert opinion about a crypto project or they are shilling any particular crypto, it is still dependent on the investor to have their own insight about the project, Do some form of research on the project and let the YouTubers view only be a point of reference as you mentioned.

wack slacker

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The job of YouTubers is to make money and they make videos for people to watch it. They can exaggerate any project but they are not deceiving us. A good project will have many people's awareness and investment. So please accept advertising in the cryptocurrency market as a reference only.

Teraboy

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That's a common thing and that already happened since long time ago. The fact that so many people were falling to the trap that already created by shills. The youtubers were not only for shilling but the youtubers were also taking the advantage by buying it at the dip and they were selling their stash at the top. They can take so many advantages at once.
Youtubers are only getting pair for shill and there's no genuine youtubers who discussing crypto based on their honest review.

eaLiTy

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Have Fun )@@( Stay Safe

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.

I do not disagree with this view point as the developers might be paying for shilling their project and during the bull run they might be employing these tactics to attract investors thereby making a huge profit of themselves as well. This nothing new and so is the reason you need to be smart enough to understand these trends and if the shilling is higher make sure to get in and get out at the right time rather than holding till the end Grin

.

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

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

You mean $30k for a video to talk about a coin, i guess that is not the truth because it is serious huge money.

Mpamaegbu

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Once a man, twice a child!

In the way you explained it OP, I don't think there's anything wrong for someone to shill a token. Even those who hodl Bitcoin also do that (I wonder why you left Bitcoin out of it). For me, I see it as a form of advertisement. Before DYOR, one must've heard about the token in question. It's the way that a token is talked about that can draw one's attention to it and then one goes to research it. The only place I can find shilling offensive is if it's put in someone's place or space constantly. Otherwise, I see it as the regular traditional kind of advertisement made modern. Shilling is advertisement, simply put. Again no one can force anyone to buy what they don't want. Your consent is required in such issue.

manggis97

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I think that not true, many altcoin has working product that consist of proffesional team member. The working product helped second party to run their business. Many company and personal people getting alot of benefits from crypto and blockchain technology. Content creator of crypto just small number who did get advantages from this market.

ilovealtcoins

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I think this is not necessarily true because good projects are still known by many people and serious and long-term investment if it is really good. We see that projects from 2017 to now are still developing well such as Synthetix, ChainLink. They also have bounty campaigns before ICO fundraising. Synthetix was quiet during the half bear market until it was really a strong project in the DEFI trend.

In addition to advertising through media channels, technological factors and the investment of large investment funds are also driving the cryptocurrency market up.

Psynthax

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So does any other investment instrument, it's not a rare sight to see the overglorified stocks get shilled so hard, same thing with some of crypto, when you're investing there's always some shill and it's a normal occurence. But what's important isn't how the shill could get the coin pumped temporarily but a long term price chart that shows the project is developing into a new height of technology and not just some pump and dump coins. Maybe some smaller market cap gets shilled so hard today for pump and dump, but who knows whether the coin gonna grow its market cap to be really big because they simply deliver what they promised?

Kemarit

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And majority of those youtubers doesn't know a thing about TA, LOL, they will just shill for the coins they have and just writing lines and shows everyone that it will be going to the one. So I would say we don't need to trust them, and those who blindly believed those shillers are going to be on a rude awakening as they will loss a lot of money on the market. Just used our common sense, study the market, read and try to gain a lot of knowledge. It might be hard, but for sure it will pay big dividends later.

cabron

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https://www.betcoin.ag

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.

He must have lost a lot of money believing the shills on youtube. Thousands of them are there have invested in these coins when they are less than $0.05, you literally just selling them to you. They are not paid by the team but simply profit from the buyers. For XRP, this is definitely a scam project but since the token is growing in value I guess the small investors considered it an investment.

Hamphser

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Vave.com - Crypto Casino

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.

goaldigger

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That can be part of marketing strategy to attract investors and that’s the trend now. We cannot blame them on that desperate moves but if you are confident enough with your skills and knowledge about the market then you can easily spot those fake project into a good one and you can also know if its just a hype or a real update, this is also why you need to do your own analysis.

harapan

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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

When do people start taking other people's shill messages as financial advices? I hope it's not in modern day crypto of 2021. Well, it's not all shilling thatis bad same way not all PR is bad PR. Some projects simply wanted to get word out about their project and get people to know about it. I do tend to ignore shilling that talks more about how the price might hit an unrealistic target without any reference to their value proposition of the project. As I said, not all shilling is bad shilling.

tippytoes

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Quote from: Baofeng on May 29, 2021, 06:21:03 PM

Firs rule here is:

DYOR (Do Your Own Research).

Don't rely on twitter, youtube or any other social media promoting or shilling coins, because it is obvious that these people behind have some narratives that will benefit them, or maybe they are paid shills, just like in this community. Or better, don't invest on any shitcoins, because it's a haven of pump and dump groups, trading signal groups and others that will suckered money from noob investors.

Exactly! You can always watch or read any promotional materials, but if you are a diligent user, you will find time to search the facts. Especially if you are investing some funds to the project. Look for actual developments and see if they are delivering their objectives. Most of these YT people are just being paid to give positive feedback. Not really a fan of those promoters. Better research on your own and assess the actual capability of the platform.

plr

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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 guarantee you that they are paying for shills.
Don't believe 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

Some of the shills are traders and bag holders, they have pending orders and they are shilling their coins so their orders will be hit, most of those who create shills are new projects, that wants to establish their presence in the community and the market there are accepted shills like bounty campaigns. as long as they show us transparency and true information I don't have problems with shills.

decodx

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🇺🇦 Glory to Ukraine!

Quote from: Meta anggraini on May 29, 2021, 06:22:13 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

I believe theres some pay shill by whales to manipulate the market, but how do you know its 30k/ video? Its a big money to shill the market.
You really need big pump to make it to a profit then.

It probably depends on how popular the channel is and how many followers it has.
Although it's possible that some of the youtubers have such high earnings from their sponsors, I doubt it's for one video.

Meta anggraini

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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 believe theres some pay shill by whales to manipulate the market, but how do you know its 30k/ video? Its a big money to shill the market.
You really need big pump to make it to a profit then.

Baofeng

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Firs rule here is:

DYOR (Do Your Own Research).

Don't rely on twitter, youtube or any other social media promoting or shilling coins, because it is obvious that these people behind have some narratives that will benefit them, or maybe they are paid shills, just like in this community. Or better, don't invest on any shitcoins, because it's a haven of pump and dump groups, trading signal groups and others that will suckered money from noob investors.

tabas

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Top Crypto Casino

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.

charlieargentina

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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

Topic: All the crypto industry is running by shills (Read 411 times)