Yes that's the truth. There are so many coins which have been created in cryptocurrency. Mind you not all of these coins are good. Some may be good while others may be scam so its very important to know more about the coins you want to invest
yes we also know that all cryptoqurrency is not necessarily good to invest, so we need to do more detailed research before investing so that we do not incur large losses if the invested coins have good developments or coins that are already popular in the market. 
Topic: Be aware, so many scam coins are around - page 14. (Read 3690 times)
I rephrase this and say be aware everytime because scam coins are always around
Which means there has to be a steady information source for each investor to ensure wrong decisions are not made
i agree, we always have to be careful with anything we want to invest, each of every altcoins in this market can be scam that easily fraud us, so no matter what we try to find information carefully, there will always be a huge risks before we invest in cryptos, but if we want to have profit that is the risk we must take before investing in new altcoins from ICOs Which means there has to be a steady information source for each investor to ensure wrong decisions are not made
The crypto industry has been prone to scam for the past years now. A lot of people just create tokens without any purpose and they will raise fund then run away with investors money. One have to be very vigilant in the crypto industry because scammers are on the parade on a daily basis.
I began to think that maybe there would be no more bounties and ICOs here and see all change but scammers will continue to grow over time.
And why should scammers be less? We are still only dreaming about regulation, which means we are in the same place where we were in 2016-2017. It is up to us to identify the project scams and prevent participation in it.
Yes that's the truth. There are so many coins which have been created in cryptocurrency. Mind you not all of these coins are good. Some may be good while others may be scam so its very important to know more about the coins you want to invest
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.
You are too rash in commenting, you should understand what is happening in the project. like privcy, I think it's still in the development stage because admin, dev, mod are also still active in there formulating something big to bring the project forwardPrivacy 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.
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
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
Thanks for this information, yea I noticed most people were scanned through this method and a friend of mine inclusive which he lost a great deal of money on it but the fact remains that most of us are actually scammed cos of our greed to acquire and make more project and in the process you forget to monitor the project and keep acquiring more tokens which might finally turn to shit bit not withstanding there are still good projects out there
I think that now you can select any project and it will be a Scam. The era of ICO has passed.I was very disappointed with the CryptoPolice project. Go to IEO.
Don't think that all projects are scams, yes, there are a lot of projects nowadays. but I'm sure there are still good people in an ico who can afford to pay investors. views may be negative but our thoughts must always be positive, and hopefully cheats will be rewarded. 
I think that now you can select any project and it will be a Scam. The era of ICO has passed.I was very disappointed with the CryptoPolice project. Go to IEO.
Better that IEO exist now, since ICO been used a lot to scam investors. We just hope that exchanges will not stake their name to promote and list scam projects, IEO will be far better to ICO as long as no exchanges will team-up to scammers. 
I think that now you can select any project and it will be a Scam. The era of ICO has passed.I was very disappointed with the CryptoPolice project. Go to IEO.
On a serious note there are too many scam projects these days, that's why I am craving for regulations in the crypto world at least ICOs, STOs, and IEOs should be regulated.
The news makes you think about the honesty of projects that accrue coins in excess of those already in the wallet. The bounty of one of these just coming to an end. I will not voice the name. But, in order to receive a monthly payment, the campaign recently announced the need to make a contribution of $ 10
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
Is it possible for a company that could not collect (paperback) the attacker? Of course not. Another thing is when companies with malicious intent carry out, ICO or Airdrop. From them you can expect this: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
Lost website or not at all.
At the end of the company, support does not answer questions. Moreover, the prohibition of those who are trying to learn something about the project.
For crediting a remuneration token, they are asked to make a transfer to the purse that they have offered.
Here are some of the many tricks from which one should steer clear of such dubious projects.
almost a year a lot of projects have been born with scams, which you mentioned are only a small part of millions of projects that fail but we should also be aware and always remember that investing in cryptocurrency is a big risk and no one is responsible for your money because that is the risk.
Obviously, you are exaggerating things here when you say that millions of projects are failing because there aren't that many projects existing on the market right now and don't know if we can't talk about such a high number even if we count the ones that are already ended and gone. There probably are thousands or tens of thousands but I don't think we can't talk about a higher number that that.
almost a year a lot of projects have been born with scams, which you mentioned are only a small part of millions of projects that fail but we should also be aware and always remember that investing in cryptocurrency is a big risk and no one is responsible for your money because that is the risk.
I rephrase this and say be aware everytime because scam coins are always around
Which means there has to be a steady information source for each investor to ensure wrong decisions are not made
i agree, we always have to be careful with anything we want to invest, each of every altcoins in this market can be scam that easily fraud us, so no matter what we try to find information carefully, there will always be a huge risks before we invest in cryptos, but if we want to have profit that is the risk we must take before investing in new altcoins from ICOs Which means there has to be a steady information source for each investor to ensure wrong decisions are not made
I rephrase this and say be aware everytime because scam coins are always around
Which means there has to be a steady information source for each investor to ensure wrong decisions are not made
Which means there has to be a steady information source for each investor to ensure wrong decisions are not made
At present there are more than 2100 coins and tokens officially registered in the coinmarketcap, too many coins and tokens will make the competition very tight and I'm sure many coins will die and become scams.
Well, there's the possibility of a coin or token to fail even after be listed in an exchange, but in my own opinion, it is not a scam. If a coin or token reached it hardcap and get embrace by many and became popular, then with some reasons best know to it developers then fail to me, its wasn't a scam coin or token rather a failed coin or a token. That's why is advisable to choose a coin or token that's back up by a good product or a workable product and not those ones without a product.
Lot of tokens that around in every ico don't even list on exchange and call them a scam project and not paid for those who participate on the project because they need a profit to back for their investment.
Everyday a new projects will be popup and the competition will be very pierce and tight. So it will make the crypto project very hard to live for a long time without a proper plan a new peojects will be died after their tokens release so it was nothing weird about will it be scam or not depend on what projects it is and peoples nowaday are smart enough to detect this scammer earlier.
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