Topic: Crypto has gone to shit - page 42. (Read 5044 times)

Unfortunately, where there is money there are always scammers. They are in all areas where there is money. And cryptomir in this regard is no exception. And unfortunately scammers are always much more than those people who really believe in the idea.

Yeah it's unfortunately that their are so many scams and companies that are in it for the wrong reasons. We just got to make sure that we only invest in coins that will provide true value to the crypto community. If enough of us do this, then eventually the scams won't be profitable. I do hope that happens soon as the scams really do give Crypto a bad name, that's all the layman thinks of.

people forget  that Bitcoin has Technology behind and everything is around Greed,
I in crypto since 2011 but my interest is the technology,
such "namecoin" with DNS CHAIN
 in 2012 i was helping people when they stuck with coin coding  back their  no "101 how to create alt coin guide"  
and you couldn't find anything on google mostly people got stuck with the "genesis block"
and unfortunately, the reality is that less real Blockchain technology utilization, and more Greedy scams,
honestly back their crypto already was losing trust because of many scams but now with all the ICO's it's just so lame.

It's true, necessary that everything need to be more transparent and without empty promises, so it was recently proposed to use DAICO, it's maybe can help partially solve the problem.

I understand your concern. Sometimes I also get very annoyed with some ICO which don't have good plan or product.
But hey! why so serious? As a bounty hunter, we have a lot option to choose good ICO, and ignoring bad ICO.

I agree partly. It has gone to shit in terms of more low quality projects sold as being the next Ethereum. I think this change is however needed to go to the next phase, where people are smart enough to understand crypto from ICO to exchange.

I personally will stop putting money in ICO's, unless they are certain game changers. If it is too much of something already in crypto-space, I will skip and buy at exchanges, seeing that all coins are lower than ICO anyways pretty soon after launch.

I believe that the crooks in any field of human activity has been, is and will be.This is our reality. Unfortunately, the cryptomir is not immune from this, as well as a healthy person living in any country of the world is prone to diseases and disasters, and the ICO can not always be healthy and clean. There's nothing you can do about it.

Much depends on the traders themselves, that is, they win a project that supports more people. We ourselves can fight with scams

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.

more people who thinks its shit r making it better for the rest of us:)

Seconded. Government with it's ever-increasing taxation and regulation have been nothing but a cancer tumor on humanity.

Time to get healthy again.

why should we care about that? We need to know this the internet you can't expect people to not be crazy. I believe if keep worrying about that, that will make them famous, remember the popular quotes "Don't make stupid people famous". I believe just ignore it if somehow newbies trapped on their scam scheme, let it be the lesson for newbs.

Yes, I agree
there are lots of useless altcoins, and some ico are becoming big scams. I think this is part of the risk, because after all crypto contains once the advantages and disadvantages in it. one thing I do not understand and confused about you, I see you are not satisfied with this situation and hate ico. but why do you participate in ico signature? just a quick question

yes scammers are everywhere, scammers want quick rich they are taking advantage of ICO's investing the coin and they promise you will get profit but they will run with your money. We should research the ICO's that we want to invest.

All because of the fact that almost all who are engaged in the crypt are those who just want to earn, those who don’t care about the development of crypto community

To get the authorities, namely governments and those who control governments, involved will be a huge mistake. The original aim with cryptos was never to be babysitted, especially not by governments and their bankster buddies. Cryptos should be the primary vehicles of a non-violent revolution that in turn enables peer-to-peer trustless (bankless) transactions within peer-to-peer economies driven by decentralized blockchains. A revolution that aims to free people from the shackles of centralized banking and corrupt governments – the primary enablers of wars, pain, poverty and chaos.

Make no mistake: What they cannot outright ban, they will regulate out of existence or to the ultimate benefit of a select few. The same ones who are hell-bent to make our lives a living hell here on earth.

Ask yourself: Where were the authorities when millions of people lost money in all of the fiat-based Ponzi schemes out there, including the Federal Reserve system - a legalized system of theft, murder and usury - with its half-assed dollar? Why are cryptos so attractive in the first place - is it because the authorities get to babysit? I think not.

The solution is to embrace truly decentralized cryptocurrencies - and most importantly, to educate ourselves and to take personal responsiblity for our actions.

It is people like you that make ICOs run away with people cash. You are dumpers and greed is what makes anyone to sell off as early as possible. And if a coin become worthless, what do you want developers do, they will also run with the reminder cash left.

I agree with you on one point (Crypto has gone to shit) but disagree with you on another (greedy mfer ICO devs are the cause).

No way! I see smart contract platforms as one of the greatest milestones of crypto.
ICOs are good things, even the scammy ones.  Free markets allow for competition, progress, and implementation.
Instead of seeing eth or neo or all the others making it possible for so many scam project to be out there, I see it as them making it possible for really amazing projects to come forth.
The traditional way of fundraising is a wall that many startups can not scale.
In the long run, these greedy shitcoins and shitprojects will all die out and the solid ones with real life application will transform the future.
Just look at the dot.com bubble: amazon and ebay would never have been made possible without all of the shit websites and markets that were popping up at the time.

For me, the real culprit is:

Us.

In the end, we are still pumping in money like a blind funky monkey to shitcoins like there's no tomorrow.

So do us all a favor, stop making crypto shit and stop investing just to be greedy.  There is enough space to invest in good projects and still pull off a profit.

Yes, a lot of it has gone to shit. That is the bad news. The good news is that a shake up is in progress. However, I would not place the blame squarely on ICO devs. It takes two to tango.

I think the people and the "culture" behind it have indeed gone to shit.

But the tech, the altcoins and more are still there, stronger than ever. And I think that matters more and that's important.