there is always a way to cheat so I really hope that there will be a team that manages every ICO that will enter this forum, each ICO must fulfill every condition and provide guarantees in the form of money and personal data of everyone involved in the project so that they will not dare to commit fraud
with that way I am sure that the scam will really be minimized and I am sure that one day that will surely come true will really be minimized and I am sure that one day that will surely come true
Topic: Be aware, so many scam coins are around - page 21. (Read 3690 times)
Its quite obvious that people are making money using such schemes in this bear market.Doing some free airdrops and bounty is almost good and sometimes beneficial in leisure time.We had already seen many good projects to fail.Also I had some loads of shit coins in my ether wallet LOL.So its only good to do our own research before participating or investing in any ICO.bear market has been continuing long enough and soon things will turn around and may be for better and people will make some bucks out of it.
Yes, this is the market that as a result of it was formed so many scams and all kinds of fraudulent schemes,but in any case the tightening and measures,regulirovanie and implementation of all sorts of things,so that soon all these manipulators and fraudsters will leave the market,and I am sure thatin the near future the world will be cleaner and brighter
Yes it is true that so many scam coins are around so when invest then you have to need to know all information about of that coins after of that you should invest.
therefore if you want to invest, then invest in coins that already exist in the top 10 markets, for example, bitcoin, etherum, ripple, cardano or many others. indeed for now there are still a lot of scam coins and risk will make us lose our money.
Caution here certainly does not hurt. You understand that it is already necessary to understand that cryptocurrency is scary and you need to understand that it is cryptocurrency that today can also bring very large opportunities in earnings. This is definitely a good opportunity.
but I think if you can find a way to stay away from fraudulent projects, the results will be better. even though crypto is dangerous but there are definitely ways to reduce the danger so I think more about looking for knowledge so that I'm not nearing danger when investing in cryptoSometimes I want to disagree that Crypto is not danger, crypto is like freedom. Rather I want to say the people are dangerous and some people are making the crypto field dangerous! If there was no scam, hack in the crypto industry then within these 10 years the crypto market could be accepted by over the worldwide than now! Many good projects scammed in crypto industry. some people are very harmful to the crypto market.
Thanks for sharing. This is important for novices, reminding them that there are many scams in blockchain projects. We need to pay attention to asset security and understand the authenticity of the project.
Well, you have to be very careful in investing newly-listed altcoins, as many of these coins are a scams. Some people have been investing in newly-listed coins in the hope that they will get huge profits.
Being an active user of Bitcointalk for more than five years now, I have seen the proportion of fake coins increasing to unsustainable levels. Back in 2017, it used to be 30% to 40% of all the projects. Now this has risen to 90% or more.
You are right and it is very sad for the whole industry. We need to find a way of how to protect investors from taking part in such project and in the best case without any regulations. But I think everybody is capable to detect a scam project with enough effort.
Caution here certainly does not hurt. You understand that it is already necessary to understand that cryptocurrency is scary and you need to understand that it is cryptocurrency that today can also bring very large opportunities in earnings. This is definitely a good opportunity.
but I think if you can find a way to stay away from fraudulent projects, the results will be better. even though crypto is dangerous but there are definitely ways to reduce the danger so I think more about looking for knowledge so that I'm not nearing danger when investing in crypto
I am Tommy McKinnon, the founder of Helios protocol. I can tell you our project it is definitely not a scam and shouldn't be included with the others. We are are actually developing new technology, and have done so for over a year now. You can see our open source code on GitHub if you want to check for yourselves. We didn't have an ico, didn't ask for a penny from anybody, and I bootstrapped the entire project so far with my personal savings. Our entire team is listed on the website. We don't need to hide from people like other projects because we aren't a scam.
Why don't you take a few minutes to do some research before making blatant accusations like this.
Why don't you take a few minutes to do some research before making blatant accusations like this.
Caution here certainly does not hurt. You understand that it is already necessary to understand that cryptocurrency is scary and you need to understand that it is cryptocurrency that today can also bring very large opportunities in earnings. This is definitely a good opportunity.
it's true especially that it's a new coin because there are already many people who are victims of new coin scams, so to choose the better coins for the top 100 coins, it is definitely not going to cheat instead of choosing new coins that have a huge risk
There are a lot of scammers in the market, I rarely risk buying new coins in the market, I prefer proven coins in the market, which have already achieved something and I advise everyone to do so
it's true especially that it's a new coin because there are already many people who are victims of new coin scams, so to choose the better coins for the top 100 coins, it is definitely not going to cheat instead of choosing new coins that have a huge risk
Agree. There are so many coins that are scam and also projects that are scam. I heard about privacy but I don't know about those 2 coins that was mentioned in the OP. This is the reason that we need to be alert in order for us to protect our own money.
I think this has become the end of a coin or ICO token offer because there are so many scam projects that don't even have a good future, sometimes they come out of plans that are published in existing whitepapers and have a negative impact on the cryptocurrency reputation. 
Agree. There are so many coins that are scam and also projects that are scam. I heard about privacy but I don't know about those 2 coins that was mentioned in the OP. This is the reason that we need to be alert in order for us to protect our own money.
3rd With Privcy, you never knew who anyone was. The developers never let their names/faces be known. Helios Protocol does a bi-weekly video meeting and then places the meeting up on youtube for all to see along with their names, faces, email, linkedin profiles right on the website.
What if Helios and Privcy team are the same people, and that they only allow one of these two projects where they will expose themselves as a real person but they will hide their identity in the other one for the purpose of not linking both projects handled by one team? It could be like that.5th I Personally am the reason Vecstitch is on Helios Protocol. I invited him to join on January 7th of this year because he was one of the best people from Privcy. Even with the accusation going on I would do it again because he is actually a great person. So I implore you to not bash him please. Out of the entire team from Privcy he was always the most professional and kind to the community and believe he will be an asset to Helios Protocol. (You can also see when he joined by going to the discord and checking the date, or I can provide a SS if need be.)
But to be fair, it could also be that Vecstitch is just one ordinary person who was only hired and that he has not control of everything as long as he does his tasks well. I agree . A lot of scam projects around and we hardly know the one with good prospects. Scam bounties programs and airdrop. I think more reasons some investors tends to invest in existing projects, or project with good paternship.
You are absolutely right, all three bounties I have participated in, like 75% of them ended up scam. I fee bad about this, then I got to think of how the investors will feel after spending so much to purchase token. Bounty hunters and investors have suffered so much in the hands of this scam ICOs, and it has really affected the way people invest in upcoming projects making some of them not to raise funds. I pray this 2019 will be better cause there are so many scam cases last year.
I agree . A lot of scam projects around and we hardly know the one with good prospects. Scam bounties programs and airdrop. I think more reasons some investors tends to invest in existing projects, or project with good paternship.
You are absolutely right, all three bounties I have participated in, like 75% of them ended up scam. I fee bad about this, then I got to think of how the investors will feel after spending so much to purchase token. Bounty hunters and investors have suffered so much in the hands of this scam ICOs, and it has really affected the way people invest in upcoming projects making some of them not to raise funds. I pray this 2019 will be better cause there are so many scam cases last year.
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