Crypto has gone to shit - page 39. | Bitcointalksearch.org

cryptonianz

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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.

This is true, but not all ICOs are scams, you must see the bigger picture mate. But you took it heart. Perhaps you was scammed and feel this way or you have finally been enlightened with your surroundings?

Anyway, i hope you feel more positively after you let some steam out Grin

Drogean

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Activity: 182

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"The future of advertisement intelligence"

I think that the bubble can swell for a long time-a year or more. Now is not the limit. But the time will come and 80-90% of altcoins will fall to 0 and suicides will begin Shocked

aencarnaci

sr. member

Activity: 448

Merit: 281

Quote from: Agozyen on February 11, 2018, 11:29:03 AM

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.

Not gonna happen. As long as there are exchanges willing to host scam coins there will be scam coins. Ox Fina was one of the earliest scam ICO's and they are still traded on Cryptopia, despite being warned that this was a scam coin. The developers stopped posting on social media after the coins were distributed. You want to clear the market then you need to start putting pressure on the exchanges.

The exchanges are even the starting point of this bullshit. Checkout Yobit, HitBTC, and co, they are all full of shitcoins, pump and dump coins that really add no benefit to the community. Well, this is a decentralized environment and it seems everything goes, which is why you won't blame the government shouting on top of their voice with respect to regulations.

Seems we are really proving them right but at the end of it all, the whole thing balls down to investors, but we cannot eliminate greedy investors from the market, can we? So, we just have to live with it until further notice.

Ailmand

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Coindragon.com 30% Cash Back

Quote from: dg2010 on February 11, 2018, 12:00:09 PM

this is a part of the game. if everything is easy, how can the investors get big profit? the challenges help the people can learn many things and have the experience to choose the right token

That's right. I think since many people have earned a lot through the cryptocurrency that many think it's easy already. However, no investment market is easy. You can encounter so many heartbreaking scenarios that could convince you that you should walk away. However, for those who succeed, they just keep at it and not give up even when there are difficulties or losses. Scams, on the one hand, is always part of the landscape. There would always be people who would try to take advantage of others, thus, the job of a cryptocurrency investor is to be cautious and diligent with your business. Be sure to check everything closely and thoroughly so that you can stay away from any disadvantageous ventues.

carrymentality

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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.

That may be true, but I don't agree with some of the points raised. Cryptocurrency may be in a bad state, but it has all the capacity to get back on its feet. Its just how the market unfolds and plays out. I think that its just part of our task as cryptocurrency venturers to be careful with our investments and the ventures we enter. You can't hope that everything will go as planned and that everything will be in paradise. Exerting caution and diligence in your every move is not a bad thing to use to avoid scams and probably loses that may come along your way.

GeorgiaCoin

newbie

Activity: 275

Merit: 0

Agreed. Very unfortunate things are happening. Most surprising part of all these, only educated technical people are active in Crypto world so far, but many techie investors are getting scammed by techie scammers. It's not like some innocent is scammed by all of sudden one day. Everything is happening as if it's legit.

Look at Coinsmarkets exchange as an example, that guy took millions of dollars worth over 2 months in to his hand and no response/post or any updates.

luongdk

full member

Activity: 686

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Yes, may be you are right. Crypto is going to shit. But why? Because of its popularity, people understood that they can do money in this sphere and they are no more interested in development of something new, that can really help people. It is very sadly.

ausbit

legendary

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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.

I really do not know why you guys are angry with the devs, developing countries and the likes when we are in a non-regulated environment. Not like I love regulation, but let's face it, there is no need for segregation here as we are all at fault, both the developed and non-developing worlds.

A lot of these scams even come from developed countries and even the investors in both regions; hardly take their time for proper scrutiny. The truth is that greed has taken over most people in the community and at the end you start asking yourself the question if regulation is actually the proper way to go or not.

Md.salauddin

newbie

Activity: 210

Merit: 0

Now there are a lot of things in the crypt like exchanges, forks and coins.People see the ISO just as a way to make money and everything but it is attached to something bigger, I think this is part of the risk, because after all crypto contains once the advantages and disadvantages in it.

roshanface123

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Activity: 308

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Even i seen lots of projects which is the clear copy cat of existing solution collecting fund like some betting ICO raising more than millions there is no meaning on that . The most ICO coming with exchange name , Crypto bank and card , and betting site it is the common ICO's . The horrible thing here these ICO's are collecting funds. Whom to blame greedy investors or Cheating ICO's .

wndrbr3d

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Activity: 914

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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.

Nobody forces you to invest in scam projects. You should use your own head and assess risks right before investment in new ICO. For example - I try to avoid those projects that do not have an alpha version of the product at least.

tangbori

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Activity: 272

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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.

I don't really get your concern about this scam coin issue because in your write up you said we need another fucking crash to clear out shitcoins and scam. My question is what is the correlation between market crash and scam coin?

Lucky_U

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Activity: 364

Merit: 100

Gradually regulation will come in crypto world and all scamer ICO will disappeared, but ICO profits decreased too.

nuggetbram

full member

Activity: 326

Merit: 100

Yes.
Now dozens of these ICO are created dozens per day.
And many bluntly want money for projects that have already been, or are giving away thousands of tokens that cost 0!

It is necessary to regulate ICO! Otherwise there will be a mess and lots of scammers.

Kryten12

member

Activity: 448

Merit: 15

TREEBLOCK

Unfortunately there are conmen in the crypto space operating the same scams as everywhere else. Let's not forget the Nigerian Prince wanting to send you money to look after isn't that old. You need to be very diligent when you are thinking about putting money into a project, and check thing thoroughly several times. And always never invest money you are not prepared to lose.

carlisle1

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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 fuckin right men,your sentiments deserves to be answered by actions.tthose icos that nothing do good but copying other project just to gain from thos fool investors whos only investing without reading the full projection of that ico.

djscreem01

newbie

Activity: 154

Merit: 0

it is true that there is a fall between the two.
but when friends graphs are examined we are informed about how the crypto currency will be accelerated.
Please let us analyze the graphics well. let's examine a long scale from the past, not instant. Cool

wiik

member

Activity: 293

Merit: 12

Yeah , the crypto gained massive popularity thus invited scammers too . I remember that time where every airdrop gives tokens . Now 60% of airdrop forms circulating the web are just scams . 20% of those forms are just farming emails and your information . Same applies to ICO those KYC can be used against you in the future if you submit your personal information .

Its getting darker every single day . Thats why i never buy from ICO unless im sure that it is 100% legit and has a future . Do your research , think twice . Invest what you can afford to lose Cool

Fundamentals Of

sr. member

Activity: 2380

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We simply cannot get away from scammers fully. In this crypto world, there is no point having everything very clean because there are a lot of easy money here. And easy money is an easy target of scammers. Before, there are so many ICOs 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 are so many gullible people here that's why they also invented phishing sites and other techniques.

athanz88

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Activity: 476

Merit: 359

Quote from: yeah_that_guy on February 20, 2018, 03:11:50 AM

Quote from: blockman on February 11, 2018, 05:04:16 PM

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

Scams everywhere now.

They are everywhere so stay watchful.

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

Greedy ICOS that for some reason need 20 million dollars for a small project, Ridiculous. Greed everywhere, thousands of coins that serve no purpose.

I'll step in here, this is why VLB - Vehicle Lifecycle Blockchain changed their soft cap to $4,000,000 and hard cap to $12,000,000 which is a real deal unlike those greedy ICO's that you mentioned and VLB token is good for car owners, car entreps and passengers. They are even partnered with Uber so their token will be useful in the future.

Pretty much, this. There are tons of good ICOs out there, whch offer actual services with a reasonable hard cap and a proper defined incentive to use their tokens, VLB being only one of them.

Sure, there are a lot of scam as well, but that only means, you need to be careful with your money.

Yes indeed, scammer is everywhere. They are not only make a fake ICO, but they also want to gain profit by scamming over people who wants to join real and great project like VLB. I got someone who messaged me via telegram, he pretends to be one of team from VLB (this is a common method they are using) and said that he can give me a good deal if i want to invest more. Luckily i am not that kind of guy who fall for this easily (because i have experienced so many things) but some people might fall for this. So, aside from fake ICO, this kind of scam contributing too for ICO's bad names.

Stay safe, scammer is everywhere.

Topic: Crypto has gone to shit - page 39. (Read 5050 times)