Crypto has gone to shit - page 37. | Bitcointalksearch.org

Zyborg

sr. member

Activity: 476

Merit: 256

Quote from: green547 on February 11, 2018, 11:05:46 AM

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

There should be some rules for exchanges to register the coin after getting confirmation that whether its based on some shit idea or its having something solid to deliver.Coins which are existing only for making money and no proper concept of technology should be removed from exchanges.Investors should make full study before investing into any coins to avert loss.

Nikitavoz

sr. member

Activity: 504

Merit: 250

We simply cant get away from scammers fully. In this world, there is no point having everything very clean because there r a lot of easy money here and easy money is an easy target of scammers. Before, there r so many ICO that raised huge amount of money. When scammers saw this, they started to make their own ICO just to make easy money and then they also proved that there r so many gullible people here that's why they also invented phishing sites and other techniques.

loaddebitcard

hero member

Activity: 672

Merit: 500

Quote from: shizah on February 11, 2018, 11:15:53 AM

you're trying to tell me that most people in crypto are only here for quick money and not to embrace the tech?

NO F'N WAY MAN!!!

blame these people from developing countries trying to cash in on airdrops or fake ICO's and other scams, they are ruining everything.

So should we use some sort of a barrier against that people? I mean is it real to avoid all that people joining the cryptocurrency community? I think KYC might help

lider1971

sr. member

Activity: 574

Merit: 250

I am also disappointed every time I see an ICO that went successful but ended up a total scam. But it is not a great thing to happen if we just want the entire crypto to crash simply because of these selected projects. There are so many great things offered by various altcoins and Bitcoin right now. The entire crypto should not be taken into the garbage bin.

udayantha11

member

Activity: 798

Merit: 17

2023 would most likely be as bearish as 2022

clearly explained the things. now we have bear market so can see the shit coins value. special example is bitcoinconnet. now how is the value..

this red will be continuing up to this june surly

sharkpc2000

full member

Activity: 392

Merit: 100

This is a common thing for many years, before there was simply no ICO, but also created by hundreds of forks bitcoin of no value

ShadowBits

hero member

Activity: 994

Merit: 504

Quote from: green547 on February 11, 2018, 11:05:46 AM

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

Yes, we need to let those kind of people leave the crypto world, as of know I am favorable with those regulations in order to protect the people in their investments.

HoaNguyen

full member

Activity: 238

Merit: 100

The All-in-One Cryptocurrency Exchange

I think you are angry right now because of the ICO scam. Currently, ICOs are taking advantage of the trend of investing in ICOs to raise capital from investors and then stole that money. In 2019, I think ICO fraud projects will not be released due to the organizations that monitor, administer and censor the ICO.

asena

newbie

Activity: 126

Merit: 0

There are too many people who have no information about cryptocurrencies, and they are also trying to lead ICOs. I think cryptocurrencies should be seen as a big innovation, not as a way to become rich in a short way.

TheFirstCreator

jr. member

Activity: 392

Merit: 1

I think that in spite of the fact that a lot of scam have appeared recently, there are still a lot of good ICO. Exchange rates have been showing good growth lately, so soon everything will be better.

hardalisas

full member

Activity: 294

Merit: 101

Quote from: green547 on February 11, 2018, 11:05:46 AM

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

You do have some point here.
ICOs are getting more and more ridiculous.
Two years ago, a huge project was only backed by 1 million dollars, and now, a shit project is asking for 50 million.

Faeton

member

Activity: 308

Merit: 11

Quote from: HashFace on February 11, 2018, 11:36:49 AM

So says the guy wearing an ICO signature Wink

I get what you are saying, but the problem isn't really the sketchy ICO and scam coins, it's the people that buy them. If people did their research and invested only in the trustworthy projects and well established coins, then this would go away.

This is indeed so. If investors were more closely studying ICO projects before investing, they would be much less. People themselves are to blame for the fact that such projects collect multi-million sums, and then disappear, sometimes even leaving useless tokens after themselves.
However, on the whole, I consider the ICO campaigns to be very useful and necessary for the development of the crypto currency. It is in such specialized tokens that the future of the Crypto currency is.

Zyborg

sr. member

Activity: 476

Merit: 256

All exchanges should formulate a law that investigate the authenticity of a project,investigate it fully & then register it on its platform this is the one way.The other way is investor should properly go through deep search,analyze it with every angle,search website,analyze project size,read about development team,purpose of product,general use in common life,feasibility.On sorting out these parameters one cay find the best project to invest.During this crash many altcoins that have no purpose to serve,no ideology to deliver would disappear from Coin market.Some time crashes are very useful.

prdn

member

Activity: 504

Merit: 10

the crypto market is having a very bad day at the moment, so if you have money, you should consider buying a lot of altcoins at the appropriate level.

sehoon

full member

Activity: 840

Merit: 101

Quote from: HashFace on February 11, 2018, 11:36:49 AM

So says the guy wearing an ICO signature Wink

I get what you are saying, but the problem isn't really the sketchy ICO and scam coins, it's the people that buy them. If people did their research and invested only in the trustworthy projects and well established coins, then this would go away.

Yeah, but we should also consider trying to erase the shitcoins and scams. We don't need people who don't work on coins and just wasting the money of people who invest on their coins. And specially scams we should erase them because it will hurt the people who are just new in this world. How do you expect a beginner to do a research if they don't know a thing about cryptocurrencies?

Theonethatgotaway

jr. member

Activity: 85

Merit: 1

Quote from: regexlove on March 18, 2018, 02:51:31 AM

As for me not all crypto and ico are shit , if you loose money on investing in ico do not tell that every in crypto is scam and etc. Shocked

Draw a conclusion and move on !

In the first place it was your own choice to involve in such projects. If the campaign haven't done you good maybe joining to that project was a wrong move. Try to look at your own flaws and don't blame it only to others comprising the decisions done was all yours. ICO's are not that worse it's just made the wrong transactions and the wrong choice.

regexlove

full member

Activity: 608

Merit: 100

As for me not all crypto and ico are shit , if you loose money on investing in ico do not tell that every in crypto is scam and etc. Shocked

Draw a conclusion and move on !

DRVX

hero member

Activity: 966

Merit: 500

Quote from: green547 on February 11, 2018, 11:05:46 AM

Scams everywhere now. Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose. This is so far removed from satoshi's vision. Premine bullshit scams like onion. Projects that have no reason to be on a fucking blockchain except to cash in money on the hype. We need another fucking crash to clear out these shitcoins and scams, and you greedy mfer ICO devs are the cause of this bullshit.

In order to clear the crypto world from scammers you need to begin to regulate the holding of the ICO and then will not create useless coins. After the implementation of the ICO helps to realize the necessary ideas.

BitcoinFrik

member

Activity: 140

Merit: 10

Of one thing I am sure. Lending ICOs are to be avoided. Bitconnect was a good demonstration of what these types of ICOs are. Avoid like plague!

Fnrecana

jr. member

Activity: 262

Merit: 3

M E D I C H A I N ¦ The Medical Big Data Platform

I think you can say that because there where ICOs that where doing scam. But if you really understand well the ICO that you'll be joining there where many ICOs with a very great potential. And this will help a lot of people in the future.

Topic: Crypto has gone to shit - page 37. (Read 5048 times)