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Topic: Altcoin - Scam or not ? - page 2. (Read 2856 times)

newbie
Activity: 38
Merit: 0
August 19, 2017, 07:50:38 AM
#67
This may be the stupidest question I have ever read. You should know thoroughly about bitcoin before joining this market
full member
Activity: 420
Merit: 100
August 19, 2017, 07:34:36 AM
#66
There are maximum numbers and big capitalization on altcoin and there is no any reason to scam altcoins,
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
August 19, 2017, 02:44:10 AM
#65
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
Altcoin is not a scam. You just happen to mistakenly buy wrong coin or you are not reading carefully. First of all you must read carefully and research as much as you want to know if you want to buy a coin , you must know if its safe and it has a value but we all makes mistakes so just be careful next time and dont make any haste decision that you might regret.

if the coins is on the market, then the coins is not scam although this is not guarantee but as long as there is any movement of the coins in the market, then the coin still have a chance to go up. I think he make a mistake when he bought the coins at the highest price and I think the coin is new comer and it makes people to buy in rush and suddenly the price is drop to the bottom. next time, maybe you don't have to go to new coin if you are not sure. I think its better to buy for a coin that already listed in the market than buy a new coin which getting temporary pump.
full member
Activity: 342
Merit: 108
Bounty Detective
August 19, 2017, 01:00:43 AM
#64
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
Altcoin is not a scam. You just happen to mistakenly buy wrong coin or you are not reading carefully. First of all you must read carefully and research as much as you want to know if you want to buy a coin , you must know if its safe and it has a value but we all makes mistakes so just be careful next time and dont make any haste decision that you might regret.
sr. member
Activity: 663
Merit: 250
August 19, 2017, 12:51:32 AM
#63
The easiest way to find scam is go to website find out developers profile and vision if you don't find them there is max chance for scam.Even find the community of coin atleast related article.

I highly agree. Look for well-known and reputable crypto news or business news and if these coins are featured in their articles then it is another additional point to them as not scam. Because some websites appear beautifully made that it looks not scam at all. Profiles can easily be stolen. That's what other scam projects do.
full member
Activity: 448
Merit: 100
August 19, 2017, 12:43:01 AM
#62
Have you researched?And it is now impossible.It is now known to the world cryptocurrency market.so there is nothing to worry about it,that's its scam.
sr. member
Activity: 434
Merit: 250
August 19, 2017, 12:35:45 AM
#61
The easiest way to find scam is go to website find out developers profile and vision if you don't find them there is max chance for scam.Even find the community of coin atleast related article.
member
Activity: 70
Merit: 10
August 19, 2017, 12:11:56 AM
#60
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!

Think of alt coins double or nothing. Most are no good and some can get you alot. So you have to "read inbetween the lines"
sr. member
Activity: 476
Merit: 255
August 18, 2017, 10:38:52 PM
#59
I don't think ACRN it's a scam coin, you just buy at the highest price, and that is the wrong time (in my opinion). When the prices is at the top or half, you should wait for prices to fall and after that you can decide to buy or not. CMIIW.
sr. member
Activity: 646
Merit: 252
PNNV.COM Live bitcoin price monitor
August 18, 2017, 10:04:41 PM
#58
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!

You have to look at all the sides of the coin. Seriously dig deeper about the project itself. Look and review and read about the background of each member of the team that composed the project as well. You may also check their website if it is still active, their social media sites if they are responding promptly and posting updates.
full member
Activity: 182
Merit: 100
August 18, 2017, 08:58:22 PM
#57
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
I am sorry to hear that, but it's really hard to figure out if a coin is a scam, scamers are playing very well in their roles until you find they abandon their projects,but when it's too late for us .
sr. member
Activity: 672
Merit: 251
August 18, 2017, 06:24:42 PM
#56
Lol it is not a scam. Well it is your fault in investing in a shitcoin. That thing you put your investment on is a shitcoin and if it is a shitcoin it has nothing to do, it will just dump its way down. Try to invest on something that has a good team running it and given that, you should look for some signal in order for you to succeed and not get rekt.
sr. member
Activity: 700
Merit: 254
August 18, 2017, 04:37:38 PM
#55
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
I'll suggest you to first make a research about it before engaging yourself on buying it. Also, look and analyze if the price is close to reality. Further ask those who are old on this 'business', because they know and they are awared of the coins, changes perhaps and the modus, more like consulting. I never heard of this coin that you've said, in this intance, it is suspicious and weird at the same time.

About this matter here, it's a better idea to check coin market capacity of the coin or maybe if you cannot have a source where it's been traded. I think of that coin that it's a shitcoin which is not yet been introduced fully to investors, that's why it happen it became suspicious. Of course we wanted an assurance for it because were serious about this matter here, money always been a vulnerable asset as well. With regards to scam, we can't be certain if not proven yet so better read other's feedback's.

I agree with previous posts.
All the indicators to monitor are available in the forum.
Due diligence is fundamental in order to distinguish scam from genuine projects. Sometimes is more difficult, but still possible.
sr. member
Activity: 658
Merit: 250
August 18, 2017, 04:30:04 PM
#54
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
I'll suggest you to first make a research about it before engaging yourself on buying it. Also, look and analyze if the price is close to reality. Further ask those who are old on this 'business', because they know and they are awared of the coins, changes perhaps and the modus, more like consulting. I never heard of this coin that you've said, in this intance, it is suspicious and weird at the same time.

About this matter here, it's a better idea to check coin market capacity of the coin or maybe if you cannot have a source where it's been traded. I think of that coin that it's a shitcoin which is not yet been introduced fully to investors, that's why it happen it became suspicious. Of course we wanted an assurance for it because were serious about this matter here, money always been a vulnerable asset as well. With regards to scam, we can't be certain if not proven yet so better read other's feedback's.
newbie
Activity: 48
Merit: 0
August 18, 2017, 02:30:00 PM
#53
Acorn ACRN coin has no much info over web but it's pumping hard at 1 satoshi on yobit, new is that this coin may go over 10+ sats soon, Github src code 4.25 billion coins max supply. Yobit pump can push any coin up. I also bought few mills at 1 sat with hope like Bstar went 14 sats from 1 sat. Coins looks legit but no much info by dev. If dev works on project this coin may go up high.
full member
Activity: 182
Merit: 111
July 24, 2017, 05:35:56 PM
#52
Quote
Altcoin - Scam or not ?
Yes, it Scam.
sr. member
Activity: 658
Merit: 256
Freshdice.com
July 24, 2017, 05:33:00 PM
#51
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
I'll suggest you to first make a research about it before engaging yourself on buying it. Also, look and analyze if the price is close to reality. Further ask those who are old on this 'business', because they know and they are awared of the coins, changes perhaps and the modus, more like consulting. I never heard of this coin that you've said, in this intance, it is suspicious and weird at the same time.
hero member
Activity: 663
Merit: 505
July 23, 2017, 04:43:04 PM
#50
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!

ACRN? Never heard of it. How do you find shitcoins like this? Smiley
If the coin don't have a good project, good team or good money we can say that it's scam. You may be bought abandoned coin. We don't even know that coin. Don't use Yobit exchange, it's notorious for shady business.
full member
Activity: 476
Merit: 107
July 23, 2017, 04:39:19 PM
#49
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!
One can easily know if an altcoin is scam or not, especially in yobit. If one wants to know if a coin is scam or not in yobit, just look at how much it's pumped. If it is pumped hard with at least 400%+ gain, and has no good roadmap or even an announcement thread of it's own, then it is sure to be a scam coin. Also, try to search the particular coin on coinmarketcap and if it is not listed there it is sure to be a scam.
legendary
Activity: 3262
Merit: 3675
Top Crypto Casino
July 23, 2017, 03:58:31 PM
#48
How to identify whether an altcoin is scam or not?
This happened with me today. I bought ACRN coin from yobit yesterday for 0.01btc and today morning its price was 1 satoshi Undecided Doomed!!

Whats that coini never know of it i think you buy the dead coins specialy in yobit a lot of dead coin and token setting there so you be very carefull nextime in yobit my advice to you is you have to search first study the coin and the price is moving upward and downward and also double check the status of the coin here in bitcointalk furom you can alsways check it here

It could be worse.
Look at the price of opening.
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