Be careful of strange projects | Bitcointalksearch.org

malikusama

copper member

Activity: 1050

Merit: 294

Quote from: Ifemini1 on January 09, 2019, 04:17:07 AM

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it

Investigating and analyzing is the first major step you should take before trading in the crypto market. Many of the beginners don't go through the basic checks which are really necessary.
The market is full of scammers and it's your own practice to stay safe and avoid these shady coins/tokens.

Gabali126

jr. member

Activity: 322

Merit: 2

Quote from: Ifemini1 on January 09, 2019, 04:17:07 AM

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it

Token creation process is a very easy thing which anyone can do. It doesn't require any special training which is why fraudsters have taken advantage of the porous nature to exploit investors.

Kwame Genius

jr. member

Activity: 260

Merit: 1

Quote from: Ifemini1 on January 09, 2019, 04:17:07 AM

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it

we are tired of been scam for long and many people do not like to participate in ICOs projects again but my will like to assure everyone that you should still there still good ones, put on eagle eyes before choosing it

Petchant

jr. member

Activity: 172

Merit: 1

Some projects creators just created their projects with the aim of scamming many in the industry. Before getting involved in any of them, it is very important to do your due diligence about it and study every part of it in order not give your meet to the dog

Leonard2016

hero member

Activity: 1036

Merit: 520

I have been bited with some of the, yeah we shouldn't trust any strange project unless we investigate about it, some of them are just scam like bitconnect.

safem

jr. member

Activity: 454

Merit: 1

It is no longer a new thing that there are many ingenuine projects that are flying around in crypto. They seem to appear so real to people because their terms and conditions are flexible. Such fake projects are out to defraud people of their funds especially the committed investors. Intensive research on project coins is very necessary so as not to be victims of great loss. We should be careful of participating in some projects especially when they look so cheap with huge profits as rewards. Also, we do not need to relent in investing in coins just because there are in genuine ones. What is expected of us is to do our profound findings very well before investing in any coin so that we won't be victims of scam.

april08

jr. member

Activity: 466

Merit: 5

Nowadays, there are alot of fake projects all over. Investors and sundries really need to be careful because wolfs in a sheep clothing are in town now. Despite these fake projects there are still real once.

yobo2020

jr. member

Activity: 156

Merit: 2

Once beaten twice shy , I had invested in so many project which I was scammed when I just started cryptocurrency but now I make a lot of research before investing in any new project because there is no money to waste.

Mmesooma1

copper member

Activity: 150

Merit: 0

Quote from: Ifemini1 on January 09, 2019, 04:17:07 AM

Guys, it have come to my notice that some criminal minded guys are busy creating tokens and using it to defraud people, example of those tokens are *ripple classic,stellar classic, eos classic*, becareful guys and don't fall victim to their sweet mouth, they are busy listing them in almost exchanges and using that to brainwash guy.... Becareful and guard ur money like ur whole life depends on it

Due to little market regulations, alot of individuals sneak in scam projects into the market with aim of defrauding unsuspecting people. I am happy IEOs has curtailed that

Xalata

member

Activity: 266

Merit: 10

The cryptospace is actually dangerous right now due to the escalating increase in the number of fake projects that spreading to every corner of the cryptospace. Thanks for the heads up with this information because most individuals might have thought this was some sort of hardfork by the main network hence a very legitimate ground of investment.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: radjie on March 20, 2019, 04:44:43 PM

Scammers have many ways to make profits in the wrong way and can harm others, beginners are one of the main targets because they are not accustomed to trading in this field and can easily trust if given the lure of a big prize if they can buy this type of coin to be traded. but in contrast to those who are observant in trading, before they decide to buy coins to trade, of course they can carefully see more about the project that will be lived and see the people involved in it

They are fully equipped and are knowledgeable enough than to us which they could possibly find someone to be their victims. But we are also aware for possible scammers involvement and their strategies which giving us some hints what we should do to be not of their victims. That's is why they couldn't succeed their plans and even caught for their bad intentions.

radjie

sr. member

Activity: 1792

Merit: 264

Scammers have many ways to make profits in the wrong way and can harm others, beginners are one of the main targets because they are not accustomed to trading in this field and can easily trust if given the lure of a big prize if they can buy this type of coin to be traded. but in contrast to those who are observant in trading, before they decide to buy coins to trade, of course they can carefully see more about the project that will be lived and see the people involved in it

mirgo1791

member

Activity: 1022

Merit: 10

projects as the use with those on returns with notables by evaluation helps as investors to makes with one as decision to work on extensive to defines with one on limitation as the spares on funds to put on scheme with investment on token of release with the ico project.

jekainvestor

sr. member

Activity: 924

Merit: 255

Every time before investing into some coin or altcoin, it is better to check twice the information about the coin and really be attentive is there is any information about the new coin with the additional name like classic or something like that - is it true or false, because really there are too many fraud projects appear.

mv1986

legendary

Activity: 2058

Merit: 1166

Quote from: Raymondavid47 on March 08, 2019, 05:38:55 PM

A lot of them have defrauded many people. Their soft cap and hardcap are usually less than 400 Eth so it's not too difficult to raise. They usually get listed pretty fast and then the project goes side ways. I actually invested in one and I have learned my lesson.

They also sometimes have high soft caps and then tell the public that they reached it to make the project look more attractive, but in fact they have raised nothing.

Raymondavid47

jr. member

Activity: 546

Merit: 3

A lot of them have defrauded many people. Their soft cap and hardcap are usually less than 400 Eth so it's not too difficult to raise. They usually get listed pretty fast and then the project goes side ways. I actually invested in one and I have learned my lesson.

BCTS

full member

Activity: 784

Merit: 100

I think that buying coins with the same name, only one unit, but a lot of projects, who presented their projects as something unique and unrepeatable, but in the end it's all garbage that people buy this is really a trouble.

ije07

sr. member

Activity: 1435

Merit: 250

PredX - AI-Powered Prediction Market

everyone can indeed make their own coins, they can also make good concepts, but the problem is that not everyone can develop their coins and concepts and therefore there are lots of coins and bad projects especially because there are some people who have no intention to develop it, from the start they only wanted money, because they thought ICO was very profitable so they only thought about how to make an attractive ICO then go after getting money, they were not at all concerned with the fate of investors and bounty hunters and I thought people it must be thrown out of this place

kateycoin

full member

Activity: 882

Merit: 104

Quote from: Thanasis on January 09, 2019, 04:20:21 AM

Lot of coins also created with the name of bitcoin too,so the investor need to know their coin before investing on it.I don't think people are much fool to find and differentiate in no time.

That's right it's important to know more about the project that we want to invest because it's not easy if that money will gone because this scammer and frauders. That's why we need to study everything about the project before we put our money on that. But I think cryptocians are wiser now and only begginers in this crypto will fall on that fraud unless they study it first about that project before they invest.

cryptpedia

newbie

Activity: 28

Merit: 0

money a dirty in general. and crypto is only following suit. it will be corrupted as money has always been. institutions will take over and turn it into something ininmaginable.

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