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Topic: could it be most project don't succeed? - page 6. (Read 1271 times)

sr. member
Activity: 2520
Merit: 329
November 08, 2019, 03:28:40 PM
#77
For me, I don’t think any of those 4 listed things are the reasons why we have fake projects everywhere, there is just one common reason that we have for the introduction of fake projects, and it is called MONEY.

Many project developers have already studied how lucrative the ico could be when it comes to fund raising, they have seen how the pats quality project have been able to raise millions of dollars through the ico, but the only difference between those early ico and newer ones is the fact that they lack idea, so what they rather need is just the money, then you see them creating fake project and also fake of those things you listed. It is only regulation that can solve that and nothing more. We need a body that can be in charge of regulating that.
hero member
Activity: 1498
Merit: 785
November 08, 2019, 12:24:16 AM
#76
not only 50% of projects are deceptive, but can reach 70%. Many only take advantage of misused investment funds. They scammers wrap projects very well and are able to fool many investors. One of the precautions of early prevention is to report it directly to the moderator if you know it and create a thread that the project has a scammer and wants to cheat. All must work together to fight scammers. Maybe there will be better rules and policies for this forum so that there are no more cheats.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
November 07, 2019, 07:34:14 PM
#75
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
True, complaining is indeed not going to solve the problems that have already occurred, if he asks is it possible that most of the projects did not succeed? , then the answer is very possible, because now there are so many projects that are not successful when making sales, this is certainly very influential on the confidence of investors in all projects.
Some trusted parties have already published a benchmark about how much percents of ico and ieo platforms are getting failed and it can be proved if that is possible. In a competition there will be a winner and remember when there will be 10 projects are working in the same field and the winner will always be the only one who can survive till the end of attracting the investors to buy the token.
The successful or not the sales that have been running by projects depend on the credibility of the project itself.
full member
Activity: 798
Merit: 134
November 07, 2019, 05:56:50 PM
#74
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
I like that  forum BTT is a free space for everyone. And it’s very good that there are responsible users who spend the knowledge, efforts and personal time to identify and analyze of scam's projects. Perhaps, the condition that managers of promotion must has higher rank than newbie or copper would help the clearing the forum's space of  scam.

Do you think that a higher ranking member can't scam people or what, hello brother this doesn't determines the basic facts is that we have to be very careful at all time
full member
Activity: 1022
Merit: 106
November 07, 2019, 05:48:56 PM
#73
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
I like that  forum BTT is a free space for everyone. And it’s very good that there are responsible users who spend the knowledge, efforts and personal time to identify and analyze of scam's projects. Perhaps, the condition that managers of promotion must has higher rank than newbie or copper would help the clearing the forum's space of  scam.
full member
Activity: 798
Merit: 134
November 07, 2019, 03:28:07 PM
#72
The development of scammers from 2018 to the present is very rapid. Scammers have many new methods to cheat and take investor money. The people behind the fake project are invisible because they use fake identities. To track the real person is very difficult and requires qualified cyber capabilities to track to the location and device used. But this forum only revealed that the project was fake and should be avoided.

For projects that are free of scammers and fair at the moment are very difficult, fake projects continue to grow, but the original and paying projects also exist, just do the research first.

okay thank you for your contributions, just have said earlier we all have to be very mindful due to what has ben happening recently.
full member
Activity: 798
Merit: 134
November 07, 2019, 03:22:52 PM
#71
Maybe it's because they're interested in getting our data out, to use it for their illegal activities.

One of their targets is our identity pictures, To use them online for illegal activities such as using your picture as a founder of the invesment platform.
And also email, they use it to give us spam emails or phishing sites.

I have also been suspecting this same thing but I just confused my dear. that is why we need to be careful with how we give out our personal data to some project, moreover some project that will pay me a token that will worth upto 10$ and they will ask us to do KYC such I declined to run the KYC. is very risky releasing personal identity information to them just like.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
November 05, 2019, 02:46:16 PM
#70

Is there no other ways BTT can track and trace such people posting such project the in the forum?
The way the forum is structured, there is no way to track the accounts that come here to start up such projects. And the forum doesn't check the legibility of projects that are been advertised here.


Is there no way we can run free and fair project in the system without us being scammed or tricked?
The only way is to bring the project to the attention of the forum moderators, and that's only when there are verifiable evidences of scans from the group.
Sharing a project here with others before investing is a wise step. This way, the investor can keep himself safe from losing money in scams and weak projects. There are many experienced people around here who can give accurate predictions in this matter. Other than this, doing good research on your own will highly help from not being scammed. The quickest way is to invest in trustworthy coins like bitcoin.
sr. member
Activity: 535
Merit: 250
November 05, 2019, 12:12:35 PM
#69
The development of scammers from 2018 to the present is very rapid. Scammers have many new methods to cheat and take investor money. The people behind the fake project are invisible because they use fake identities. To track the real person is very difficult and requires qualified cyber capabilities to track to the location and device used. But this forum only revealed that the project was fake and should be avoided.

For projects that are free of scammers and fair at the moment are very difficult, fake projects continue to grow, but the original and paying projects also exist, just do the research first.
sr. member
Activity: 966
Merit: 276
★Bitvest.io★ Play Plinko or Invest!
November 05, 2019, 06:15:41 AM
#68
That is why there is a scam accusation page on this forum. It is not the forum moderators' task to review all the projects that want to promote or market here in this forum. However, the community works as a whole to bust those project by posting reviews nad feedbacks about the project so other members can be aware of it. That would make people lazy if the forum is obliged to review all the projects that are promoted here. A scam-free environment is not achievable even in real life, a lot of people find easy way to earn money. What we can do is just to leasen the risk of being the victim by educating our self and doing our part before investing.
It is indeed our responsibility to find a scam project. If ever we have found a scam project it is our duty to inform everyone by posting it on the scam accusation section. Moderators are not responsible and it is not their obligation to filter every project to find a scam project.
It is hard to trace projects with an intention to scam the community, scammers are always there, and no one can stop them. Avoiding them is the only way.
hero member
Activity: 2520
Merit: 578
November 05, 2019, 05:50:58 AM
#67
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
True, complaining is indeed not going to solve the problems that have already occurred, if he asks is it possible that most of the projects did not succeed? , then the answer is very possible, because now there are so many projects that are not successful when making sales, this is certainly very influential on the confidence of investors in all projects.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
November 05, 2019, 05:19:13 AM
#66
That is why there is a scam accusation page on this forum. It is not the forum moderators' task to review all the projects that want to promote or market here in this forum. However, the community works as a whole to bust those project by posting reviews nad feedbacks about the project so other members can be aware of it. That would make people lazy if the forum is obliged to review all the projects that are promoted here. A scam-free environment is not achievable even in real life, a lot of people find easy way to earn money. What we can do is just to leasen the risk of being the victim by educating our self and doing our part before investing.
sr. member
Activity: 1876
Merit: 447
November 05, 2019, 04:38:16 AM
#65
this is a problem that occurs in cryptocurrency because many projects are not very good even many are scam and usually when they give a promotion in the form of a bounty campaign they only know the concept and planning of the whitepaper whereas if the team of the project has a plan to scam then it will happen when the fund collection is complete and it is difficult to track, usually it is from experience, many lists of scam projects and you can see from the team and as much as possible you can memorize them because just in case you are not exposed to fraud again.
I think some people in this forum worked hard to find out about it. some of the experiences that I have seen, when a scam project appears, some people get the strangeness of the concept, to the edited team photo and give that thread red flag. many people are finding out about it, and when I see a new project, the red flag is already on them.

although they aim to improve facebook, twitter, or other things, when they become a scam, I think that only blasphemy on their social media. I think things like that can be avoided when we do a deep search.
jr. member
Activity: 279
Merit: 3
November 05, 2019, 03:59:31 AM
#64
crypto world is free and open to anyone who wants to enter and take part in it. there are no rules at all and this is a form of crytpo anonymity. so, there is no way to resolve all your complaints above, it's just that you can do it yourself, I mean whether it's avoiding or not being involved in it, if someone doesn't want to get scammed here.
hero member
Activity: 2408
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 05, 2019, 03:30:00 AM
#63
this is a problem that occurs in cryptocurrency because many projects are not very good even many are scam and usually when they give a promotion in the form of a bounty campaign they only know the concept and planning of the whitepaper whereas if the team of the project has a plan to scam then it will happen when the fund collection is complete and it is difficult to track, usually it is from experience, many lists of scam projects and you can see from the team and as much as possible you can memorize them because just in case you are not exposed to fraud again.
sr. member
Activity: 1020
Merit: 253
JangaCams.com
November 05, 2019, 03:24:40 AM
#62
The crypto world is a free one. That's why there have been numerous fake people with fake projects looking to rip others off. I think counter measures have been taken to reduce the number of scams out there but we still have a number of scammers left. I personally think that we should be very careful and watch the backs of each other by pointing out these scammers.
I always think that, what can save you from fraud is your knowledge. because the crypto free nature makes scammers look for ways to cheat, so prepare yourself inside here so you don't get tricked easily
hero member
Activity: 1426
Merit: 506
November 05, 2019, 03:14:04 AM
#61
Is there no other ways BTT can track and trace such people posting such project in the forum?
Is there no way we can run free and fair project in the system without us being scammed or tricked?
It is hard to identify scammers in the market as they appear to change their game and keep on updating and there are many users who are tracking these bullshit projects and if they are collecting the coins in bitcoin then there is a chance that everyone will be caught even if they used mixers in the past .
jr. member
Activity: 250
Merit: 3
Crypto Trader/Enthusiast/Investor
November 05, 2019, 03:11:17 AM
#60
The crypto world is a free one. That's why there have been numerous fake people with fake projects looking to rip others off. I think counter measures have been taken to reduce the number of scams out there but we still have a number of scammers left. I personally think that we should be very careful and watch the backs of each other by pointing out these scammers.
sr. member
Activity: 1624
Merit: 261
November 05, 2019, 03:01:08 AM
#59
Bitcoin talk is just having the thread it dont bother if thier was a scammers here in cryptocurrency. We have this report threads who is cappable with this scammers who waist our time to promote their project. Also scammers in our generation are already good enough to make a scammed project look like a real project,we all have that scenario about fake projects here for the investor.

There are still so many good Samaritans who reports scam project in meta section as well as scam section of this forum but still most of the scam project which cannot be identified and also it's responsibility to report those scam projects in the forum as it will help others but if we have some sort of KYC for the projects before they are eligible to post their thread then it would be a great idea to stop the scams.
sr. member
Activity: 1330
Merit: 326
November 05, 2019, 02:39:43 AM
#58
Boosting social media accounts of such bounty projects doesn't mean it's a scam. They need boosters to promote their project. And btt has nothing to do about it. They go here for promotions, the good thing is that btt forum will not tolerate any kind of fraud or scam projects.

Definitely, most of the projects are doing what the usual team are doing until the end. The problem is that, the usual end will be scam like the token will not be able to launch, to be listed, or the team will not be able to pay the participants.

However, we can prevent joining those scam projects starts with us (bounty hunters) by having a proper knowledge and having a self awareness.
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