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Topic: Be aware, so many scam coins are around - page 10. (Read 3659 times)

jr. member
Activity: 238
Merit: 1
Whether the deliver marketplace keep on added yr, I anticipate that the amount of buncos desire intersect. Investors desire not actively sink and scammers desire get fewer motive to make bunco proposal.
jr. member
Activity: 402
Merit: 4
yeah, you got to keep your eyes wide open. lots of scam projects around here. lots of scammers trying to rip you off your hard money everywhere. it is quite unfortunate that cryptocurrency industry, that was known to be safe is now dominated by scammers launching scam projects every now and then. be careful the project you invest in other not to fall victim 
newbie
Activity: 32
Merit: 0
The cryptocurrency marketplace writes each additional financial scale model. Stinking currency are compelled to be on the marketplace as good as favourable. Our mission is to be capable to differentiate them and be advantageous. Having sufficiency feel and aspiration, I get no dubiety in the forthcoming.
hero member
Activity: 2128
Merit: 520
I agree with you. There is still a lot of fraud on the market. I think the community should work together to cope with this. Users are also getting smarter and investing less in fraudulent projects.

That's right. People are very smart to catch the shitty project. If anyone can research every project's behind the scenes then we will have only 200-300 honest coins otherwise Cool all coins will be caught as a fake volume, fake pump dump scheme coins.
I think that honest coins even less than 200-300. I think normal projects that have a future is only 50-100. and half of these projects are not in the top 100  yet
We can assume to what extent we wanted to to see it but I also agree the numbers of projects will not be greater than that if it's really for serious usable intentions, most of those who are currently inside the market are just being there to the purpose of being pumped and then dumped when the developers already have enough profits to grab and runaway.
sr. member
Activity: 1974
Merit: 453
Ever since 2011, we are facing an influx of worthless altcoins in to the market. Sometimes they manage to squeeze out investment from inexperienced users, who purchase these coins with their hard earned Bitcoin or Ethereum (or even fiat). A few coins that I remember from the 2011/12 era include Ixcoin and Feathercoin. I think they are still being traded in Yobit.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
I agree with you. There is still a lot of fraud on the market. I think the community should work together to cope with this. Users are also getting smarter and investing less in fraudulent projects.

That's right. People are very smart to catch the shitty project. If anyone can research every project's behind the scenes then we will have only 200-300 honest coins otherwise Cool all coins will be caught as a fake volume, fake pump dump scheme coins.
I think that honest coins even less than 200-300. I think normal projects that have a future is only 50-100. and half of these projects are not in the top 100  yet
jr. member
Activity: 378
Merit: 1
No way it’s pretty more easy to know some scam projects by simply studying them , their activities , what they do , how they do things and this will reveal who they truly are. People have become wise now I like in the past , no scammy project will survive no matter how they are shilled.
There are so many folks who still fall victim of scam projects.
There a project succeeds in listing on exchange(s), does not make it legit.  Some of them have been able to list and at the end become totally dead, because the team has left the project.
That is why some of them end up not having volume again and does not encourage trading.
newbie
Activity: 36
Merit: 0
Thanks representing distribution, i ambition each bitcointalk fellow achieve similar you to present scammers and their low-priced artifice of bunco.
hero member
Activity: 1400
Merit: 674
No way it’s pretty more easy to know some scam projects by simply studying them , their activities , what they do , how they do things and this will reveal who they truly are. People have become wise now I like in the past , no scammy project will survive no matter how they are shilled.
I also think so, it would be very difficult to know whether the project is a scam project or not just by looking at their behavior because I believe every project will definitely show its best behavior to increase public trust in the project so that we will never be able to distinguish between the right projects really good and where is the scam project
sr. member
Activity: 692
Merit: 254
terra-credit.com
I agree with you. There is still a lot of fraud on the market. I think the community should work together to cope with this. Users are also getting smarter and investing less in fraudulent projects.

That's right. People are very smart to catch the shitty project. If anyone can research every project's behind the scenes then we will have only 200-300 honest coins otherwise Cool all coins will be caught as a fake volume, fake pump dump scheme coins.
sr. member
Activity: 910
Merit: 252
Now that most of the people are well aware of scam ICOs, scammer has found another way to scam people. I have observed 3 projects till now which I will list here and give you a highlights how they scam people, specially the newbie.

1. Privcy
Privacy was a free airdropped coin which was distributed freely over the community for helping promoting the project. Later, they decide to reward more to the holder of the coin in airdrops. The more coin you hold, the more airdrop coin you get. Newbies started to buy coins for getting more airdrop coin and DEV were selling their coin. I am sure they had a lot of fake accounts participating in the Airdrop. Can you believe they scammed people in such a way? Now, the project is died, 24 hour volume is- $620 which was less than $100 couple of weeks ago.

2. Profish
Profish was an ICO which came into the exchange before the bounty end. They were listed in mercatox and used to have some fake volumes. I don't know what happened to their ICO but they sold a lot of coins through mercatox and later, the price is now 1 or 2 satoshi from 650 satoshi. This is also a dead project. They scammed people.

3. Helios Protocol- Be aware
Helios Protocol is now airdropping coin to their community. This attract my eyes when I see user vectisitch was vouching the project. He was a moderator in privcy, so, there's no doubt that both of the project are from same person and this helios shit is also going to scam money. I want to alert you guys not to invest in this scam project.
Here is the vouching comment- https://bitcointalksearch.org/topic/m.50087444



Big airdrop successful project I seen last year is pos token lots trusted on this coin including initially we trusted this coin we got free money through airdrop after we invested by believing we will get some free coin by staking finally it end up with big scam . Now it’s value is nothing.
full member
Activity: 522
Merit: 101
I agree with you. There is still a lot of fraud on the market. I think the community should work together to cope with this. Users are also getting smarter and investing less in fraudulent projects.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
Unfortunately, there are lot of scammers around in cryptocurrency which looks genuine and professional to lure investors into. That's why its important to be careful and study the market before investing.
What they usually do is make hype for their project and then it can attract people to invest. And not with their quality, only hype is actually not enough to develop a coin and then make a lot investor lose.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
Unfortunately, there are lot of scammers around in cryptocurrency which looks genuine and professional to lure investors into. That's why its important to be careful and study the market before investing.
newbie
Activity: 21
Merit: 0
I cohere. A plenty of bunco tasks round and we just recognise the single with great panorama. Bunco liberalities programmes and airdrop. I anticipate many justification any investors care for to vest in existent design, or propose with great paternship.
member
Activity: 555
Merit: 12
Aside the Projects you mentioned, there are other scam projects out there. Even some projects you think are dope, if the team intent is to make money without developing a product for instance, it's no different from a common scam. Xentimentum listed on hotbit, yet they were scammers. Penchant listed on mercatox, yet they were scammers. They cleared all buy order until people noticed and stopped placing buy orders. Even buy orders at 1 gwei were picked. Let's be guided in this space.
jr. member
Activity: 667
Merit: 1
No way it’s pretty more easy to know some scam projects by simply studying them , their activities , what they do , how they do things and this will reveal who they truly are. People have become wise now I like in the past , no scammy project will survive no matter how they are shilled.
newbie
Activity: 35
Merit: 0
Exactly, thither are so various proposals away thither that always roll away to be a bunco largely those that regulate airdrops, nearly of this partner behaviour airdrop not as they wish to consecrate out their coins to humans on the other hand as they assume 't get caches to marketplace themselves so that additional investors buoy approach in to create acquire,.When this occurs, the currency always rotates away to be what we phone shitcoin in the marketplace, so I always try to amble far-away out from those form of projections as I recognise it's aloof a dissipate of my age.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
Thank you for the information provided, I will be more careful to take part in the ICO, I also got a fraud project several times and I will also pay more attention to every project that I follow, so that I don't get scam again.

It's very easy to say and see good projects and scams, But it's very difficult because they organize in such a way as to the good results of the fraud they will commit.
If you have some good knowledge and experience in this field, it's nothing hard to find out the scam projects. By the way, you can also have free unbiased review in scam accusation thread made by ICOethics.

The experience is good. But experience will not allow vseravno get rid of all the scammers. Today I regularly forward projects. But all the time from time to time I come across scammers. The thing is, they are not stupid either.
sr. member
Activity: 1372
Merit: 322
Thank you for the information provided, I will be more careful to take part in the ICO, I also got a fraud project several times and I will also pay more attention to every project that I follow, so that I don't get scam again.

It's very easy to say and see good projects and scams, But it's very difficult because they organize in such a way as to the good results of the fraud they will commit.
If you have some good knowledge and experience in this field, it's nothing hard to find out the scam projects. By the way, you can also have free unbiased review in scam accusation thread made by ICOethics.
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