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Topic: Bad Devs and CEOs (Read 858 times)

sr. member
Activity: 1316
Merit: 257
October 26, 2019, 09:26:19 AM
This is a decentralized world. No one is in control. The only shield investors have is proper research. Know whether these developers and CEO have history of scam projects. It's hard yes, but it's worth it.
Right, no one control this system, everything are open source and independent. Like you said, before investing we need to make sure their team backgrounds are clean. If their CEO Having done a project before and success is an important note that the project they are working on this time are serious.  Hope it can helps in making the decision to join the project.
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
October 26, 2019, 09:06:34 AM
All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer
Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

they will not appear for a very long time. I see that the government does not understand how it is possible to regulate this area. they make assumptions but cannot take any concrete measures
To create regulation, for all over the world maybe is not easy. When US make the regulation and some Project or maybe exchanges not allow US citizen to trade or maybe make an investment, already make a lot of cons. Especially from people who think bitcoin and other crypto can't be controlled by anyone.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
October 26, 2019, 08:59:40 AM
All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer
Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

they will not appear for a very long time. I see that the government does not understand how it is possible to regulate this area. they make assumptions but cannot take any concrete measures
I don't think the government does not understand, but because there might not have been any pressure to regulate crypto, especially regarding projects that make ICOs because they get funds from the community.

so this is actually quite difficult to do even by the government, and we cannot blame the team, CEO or dev.
I suggest for beginners not to follow the ICO, because the risk of scams is quite large, different if the project has been registered in exchange.
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
October 26, 2019, 07:59:48 AM
All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer
Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.

they will not appear for a very long time. I see that the government does not understand how it is possible to regulate this area. they make assumptions but cannot take any concrete measures
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 26, 2019, 06:46:17 AM
Even KYC implemented projects still scam people and nothing is been done about it, i think the freedom is way too much that is why anything can happen in crypto invests, we just need to be on alert because there is assurance that scammers will keep targeting us

KYC is only applied for investors and i do not see it to give assurance that the project will not turn to scam, unless the team members itself went through KYC so if they run then investors can easily sue them because their identity is exposed. the best solution for this is for investor to become more vigilant and intelligent so they do not feed those scam projects.
sr. member
Activity: 812
Merit: 260
October 26, 2019, 04:54:20 AM
All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer
Yes, hope that we will have national regulations for it, but for now, it is not yet possible as we will have a lot of considerations before that. So, right now, since we are free to decide whether we will join bounty, to invest, then we should take extra precautions about it. We should not just invest without thinking too much.
member
Activity: 742
Merit: 16
October 26, 2019, 04:03:03 AM
All i know is regulation will still eliminate some few steps, like scammers who are bold enough to show their faces on video and still scam people as if nothing is going to happen will be dealt with, there will be fear and crypto will see more interest from investors, i think regulation is the answer
member
Activity: 504
Merit: 16
October 26, 2019, 03:57:34 AM
Even KYC implemented projects still scam people and nothing is been done about it, i think the freedom is way too much that is why anything can happen in crypto invests, we just need to be on alert because there is assurance that scammers will keep targeting us
jr. member
Activity: 448
Merit: 1
October 26, 2019, 03:45:29 AM
Until there is a standard regulatory body regulating the cryptocurrency projects and investments, these devs and CEOs will keep having their ways scamming the populace of cryptocurrency investors and going scot free.
sr. member
Activity: 926
Merit: 256
October 26, 2019, 02:32:09 AM
Bad developers are the major bane to cryptocurrency progress of our time. They are the cause of the paradigm shift in the interest investors had for ICOs to IEOs. Bad developers and CEOs have tarnished the image of cryptocurrency with their unsuccessful and scam projects which leads many investors to run losses after investing huge sums of money. It is good to read ore about projects before joining in order to escape these bad developers.
yes therefore many references that say to look for developers who have a lot of experience. because the history of dev and ceo influences the superiority of the project they made, not just from the profit but more to the prospect of the project. If the dev or ceo has a lot of experience, every project they handle has a characteristic
full member
Activity: 420
Merit: 103
October 26, 2019, 02:18:05 AM
This is a decentralized world. No one is in control. The only shield investors have is proper research. Know whether these developers and CEO have history of scam projects. It's hard yes, but it's worth it.
member
Activity: 938
Merit: 14
Earn more with Earn Network
October 25, 2019, 11:37:18 PM
Bad developers are the major bane to cryptocurrency progress of our time. They are the cause of the paradigm shift in the interest investors had for ICOs to IEOs. Bad developers and CEOs have tarnished the image of cryptocurrency with their unsuccessful and scam projects which leads many investors to run losses after investing huge sums of money. It is good to read ore about projects before joining in order to escape these bad developers.
sr. member
Activity: 1246
Merit: 285
October 25, 2019, 12:15:33 PM
Let's think calmly. If basically the development team is really a professional person, not fake, if what is expected from the development of the project is not on target then the project does not develop and ends up scams in the eyes of disappointed supporters. Moreover, the market situation is not conducive, only projects that are really strong with a good market capacity can survive.
Indeed, most of the current projects are not strong enough, seem to follow along and only take advantage of the hysteria of a booming market, but do not last long. We must be more selective, don't waste your money just to support projects that are not clear. For now, if you want to invest the safest in new tokens or coins is to choose IEO in global exchanges such as Binance, Okex, Kucoin, and other exchanges with a good reputation. Because the exchanges will not be careless to accept cooperation agreements with fake projects in order to maintain their good name.
sr. member
Activity: 826
Merit: 281
October 25, 2019, 01:25:23 AM
yes I strongly agree, the once beautiful world of crypto is now increasingly gloomy because there are many people who misuse their ability to make projects, instead of making good projects so that in the future it develops better and instead makes projects fool everyone.
full member
Activity: 966
Merit: 153
October 25, 2019, 12:53:14 AM
This is why many are advocating for regulation though.
But the truth still remains that when caught or termed bad, you have nothing tangible to hold them to against.
They will say that they went to conferences and so as an act of marketing the project for the benefit of investors at the end, the project falling is not their fault, they will claim.
What's should be done is prevent low quality projects and any one who do not have certain from setting up ICOs.
sr. member
Activity: 1274
Merit: 252
October 24, 2019, 09:51:50 PM
The problem is how to know that dev only wants to cheat except from the identity record track, but the identity can be disguised or use another identity. When developers promote their projects, developers usually behave well without, dev or CEO will show their ugliness when they get a lot of investors. I just agree that devs should be dealt.
full member
Activity: 812
Merit: 100
October 24, 2019, 09:02:59 PM
Right, some disciplinary acts will make cryptocurrency world scammers reduced.
But how ? You can suggest the community if you have some suggestions.
Nowadays, it is very hard to find a good and real one project because there are many projects unable to raise enough funds.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
October 24, 2019, 11:23:19 AM
Not all of new projects turn to scam there are some projects that really fail and we cant  blame them because of lots of new projects investors are divided unlike before there are few projects and all of them are legitimate.
The hypes are gone and the pumpers are already changing paces finding new coin to support. It's now hard to find which new introduced project
that will exist and able to compete with other old coins that exist around the market.

Old times has long been forgotten so it's time to move on and find real reason why you need to buy or support new projects.

I do not agree with you that it is now difficult to find a good project for investment.
A good project is always in the public eye about it, it is in the tops of rating sites, which means it is difficult to miss. Yes, there are few good projects now, but they are, this is the main thing.
Examples of good projects, unfortunately, can be given only in the IEO format, on exchanges such as Binacr, Okex, Huobi, Gate, Kucoin, all of them show excellent results in almost all of their projects.
This means only one thing, that if you wish, you can easily find where to invest your money even if it takes some time and is associated with certain difficulties, but you will be sure that you will receive your profit and your funds will be safe.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 24, 2019, 06:25:15 AM
#99
Not all of new projects turn to scam there are some projects that really fail and we cant  blame them because of lots of new projects investors are divided unlike before there are few projects and all of them are legitimate.
The hypes are gone and the pumpers are already changing paces finding new coin to support. It's now hard to find which new introduced project
that will exist and able to compete with other old coins that exist around the market.

Old times has long been forgotten so it's time to move on and find real reason why you need to buy or support new projects.
full member
Activity: 434
Merit: 110
October 24, 2019, 05:52:34 AM
#98
Not all of new projects turn to scam there are some projects that really fail and we cant  blame them because of lots of new projects investors are divided unlike before there are few projects and all of them are legitimate.
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