Topic: Apparently you can get rich even with scam coins. - page 2. (Read 963 times)
Did you buy any tokens yourself? The only way for it to be a scam if you bought any tokens, You don't know if people were buying them for a higher price, It could be the same people buying them.
PERFECT EXAMPLE:
Sisa.Fund
Bitconnect
Confido (well, the dev's are not managing this one anymore)
But Sisafund was a huge scam in here, and a lot of people lost more than thousands in there, it was like a massacre.
Sisa.Fund
Bitconnect
Confido (well, the dev's are not managing this one anymore)
But Sisafund was a huge scam in here, and a lot of people lost more than thousands in there, it was like a massacre.
Since when can not you make money with scams? It's always like that because people are greedy and stupid. You can make a lot of profit but the risk is also very high. The dev always have total control over the coins so they can always cause panic to buy low and then pump the price to sell high.
Since when can not you make money with scams? It's always like that because people are greedy and stupid. You can make a lot of profit but the risk is also very high. The dev always have total control over the coins so they can always cause panic to buy low and then pump the price to sell high. That's why many people want to create their own altcoins so they can profit.
It is because people are stupid , people are still buying bcc after it has been proved a scam. When someone wants to believe in a project they won't care what people tell them. They will blindly follow.
I do not think people are stupid, They are just greedy. They know, they will sell the scam coin to some new guy in higher price and get profit. 90 percent coin are just scam coins created by scam developers.
How can people having access to internet can be stupid and blind. They are just blinded by greed and when scam exposes they act like they were blind.
Yes, you can get rich with scam coins, people try to get rich quick and start buying without proper research.
Nobody was expecting that situation from Confido, in fact, when i saw it getting listed on Kucoin my eyes were like "WHAT THE FUCK?" How was it possible? I am not saying that it was a BAD project, but they were a scam one, and they have stolen everything..
It is because people are stupid , people are still buying bcc after it has been proved a scam. When someone wants to believe in a project they won't care what people tell them. They will blindly follow.
I mean, what the hell is wrong with bitconnect, it drops to 5$ and recovers to 30? It's a confirmed scam and everyone is reporting about it and yet there are still people that buy that shit? Crypto world is truly amazing.
No - not quite $5. I know that because had it dropped to $5 my order would have been filled.
Anything will bounce a bit if you throw it from high enough - BCC's dead-cat bounce is perfect for day-traders to make some quick money.
Apparently you can. Unless I'm mistaken I thought confido (https://coinmarketcap.com/currencies/confido/) was a scam coin. Recently the rest of Confido team was refunding their collected ETH for Confido tokens through KuCoin exchange. However some people started buying confido at a higher price than what the team was buying, eventually from 0.07$ went up to 1$ and still costs 0.34$ right now. A coin that has literally no uses, no devs, nothing and yet if you had or bought coins when it was 1-2 cents, not long ago, you could have made a x30 - 50 almost with a scam coin. Are people really this uninformed when it comes to buying coins? Is there something that I'm missing here?
If you are stupid but become rich then that is not stupidity but it was luck. Luckily for you that many investors choose this coins accidentally and you will become rich. This is a common situation like the other coins that people are dumping their coin not realizing at the end it will pump up very hard and luckily for those who did not sell their coins or buying it not knowing it for any reasons. Therefore stupidity is not acceptable but its just you are accidentally a lucky guy.
I mean, what the hell is wrong with bitconnect, it drops to 5$ and recovers to 30? It's a confirmed scam and everyone is reporting about it and yet there are still people that buy that shit? Crypto world is truly amazing.
Yes, and what I'm thinking off is through fame. You have teenager rappers, or Justine Beiber types who are not too bright. Rappers that through heavy influence of culture think they are amazing because they tattooed their face, and have committed crimes for street cred. In their eyes they are the definition of success in life. And the reason for that is because a lot of young dumb people also believe it too. That to me is a rough example, but hopefully expresses my point. Edit: Apparently I'm in the wrong thread due to having this tab open.
That is true, but there are also things that are not quite right. Actually if you go trading sites, and if you see a new Altcoin coming up in the market, some of you might ignore it. People tend to want to trade into cryptocurrencies that are already well known and certain. That's because the new Altcoin will usually experience drastic price increases. But you should know that the new Altcoin is still fresh it can bring a lot of profit if you manage well. The problem is, we do not know if all Altcoin can bring profit all or some scam. For that it is very important for us to share our money and not just invest to one Altcoin only. Anyway, the choice is yours. 
Apparently you can. Unless I'm mistaken I thought confido (https://coinmarketcap.com/currencies/confido/) was a scam coin. Recently the rest of Confido team was refunding their collected ETH for Confido tokens through KuCoin exchange. However some people started buying confido at a higher price than what the team was buying, eventually from 0.07$ went up to 1$ and still costs 0.34$ right now. A coin that has literally no uses, no devs, nothing and yet if you had or bought coins when it was 1-2 cents, not long ago, you could have made a x30 - 50 almost with a scam coin. Are people really this uninformed when it comes to buying coins? Is there something that I'm missing here?
the speculation hype has been crazy. pump and dumps are real
Confido is crap, and that coin is just being used for pump and dump purposes, nothing more than that, because it has "no" value. It is just like Bitconnect, a lot of people are buying it just for speculation purposes, to see if they can earn a little bit more in a few months from now, but that is impossible.
What are they speculating exactly? Both confirmed scams, why would anyone buy them for speculating purposes? What is there to speculate, there will be no news, no advancements, no devs, it's retarded.
Yes, and what I'm thinking off is through fame. You have teenager rappers, or Justine Beiber types who are not too bright. Rappers that through heavy influence of culture think they are amazing because they tattooed their face, and have committed crimes for street cred. In their eyes they are the definition of success in life. And the reason for that is because a lot of young dumb people also believe it too. That to me is a rough example, but hopefully expresses my point.
Edit: Apparently I'm in the wrong thread due to having this tab open.
Edit: Apparently I'm in the wrong thread due to having this tab open.
This has been the altcoin story from day 1.
Confido is crap, and that coin is just being used for pump and dump purposes, nothing more than that, because it has "no" value. It is just like Bitconnect, a lot of people are buying it just for speculation purposes, to see if they can earn a little bit more in a few months from now, but that is impossible.
There is new trend, find a coin, that is very cheap, like price less than 10 satoshi and supply in some millions,then buy this coin, it does not matter whether there is any product. I saw people buying coin in exchange that have no information, who developed it , what the purpose of coin, Thinking of working product and roadmap is distant dream from them. On top of it there are some scammer in chat of exchange who is promoting a scam coin and some people are actually buying it also.
You aren't missing anything but what you have glosses over is that while this is an obvious scam there are many coins in which people hop in full well knowing they are scams or ponzis yet they hop in anyway. Take Bitconnect for example the signs were everywhere and literally every thread had it labelled as a scam. Yet it made the top 10 and tons of people probably invested in it, that just goes to show you how greedy and lazy people are that they will throw money at anything. Look no further than that example to see scam coins while stupid will probably always be relevant in crypto until some regulation happens.
Apparently you can. Unless I'm mistaken I thought confido (https://coinmarketcap.com/currencies/confido/) was a scam coin. Recently the rest of Confido team was refunding their collected ETH for Confido tokens through KuCoin exchange. However some people started buying confido at a higher price than what the team was buying, eventually from 0.07$ went up to 1$ and still costs 0.34$ right now. A coin that has literally no uses, no devs, nothing and yet if you had or bought coins when it was 1-2 cents, not long ago, you could have made a x30 - 50 almost with a scam coin. Are people really this uninformed when it comes to buying coins? Is there something that I'm missing here?
The problem is that when the price tips even a little bit, some people think that the coin is "going up again", and so they put up buy orders and drive the price up.
You can become "rich" by being stupid if everyone else is just as stupid.
This whole thing is a scam, and it's just bouncing around like crazy. The people who bought it at 1 cent were "smart" or at least strategic. You spend a measly $100 on that thing and it goes up 100x and it's a quick 10k.
You won't miss the $100 at all, on the other hand, and can probably even get it back for 1 cent.
"You can become 'rich' by being stupid if everyone else is just as stupid." LOL that might be my new favorite quote.
Apparently you can. Unless I'm mistaken I thought confido (https://coinmarketcap.com/currencies/confido/) was a scam coin. Recently the rest of Confido team was refunding their collected ETH for Confido tokens through KuCoin exchange. However some people started buying confido at a higher price than what the team was buying, eventually from 0.07$ went up to 1$ and still costs 0.34$ right now. A coin that has literally no uses, no devs, nothing and yet if you had or bought coins when it was 1-2 cents, not long ago, you could have made a x30 - 50 almost with a scam coin. Are people really this uninformed when it comes to buying coins? Is there something that I'm missing here?
You have 500+ posts here but question if people are really this stupid and uninformed? You must not actually read anything.
lmao qft
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