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Topic: Crypto is fake shit - page 2. (Read 1307 times)

member
Activity: 239
Merit: 17
April 07, 2020, 02:21:42 PM
I think the fraudulent activities in cryptocurrency will continue for the foreseeable future as long as we have newbies who do not want to do any research about the crypto market or any project before investing. Most of them get into cryptocurrency with the mentality that they would get rich over night, which is the most reason they get scammed.
copper member
Activity: 1190
Merit: 3
April 07, 2020, 01:09:48 PM
this is true to some extent but we can say the entire crypto is fake. Here many scammers are entering as new pony projects as well as fake volume exchanges, losing the confidence of investors. Also one of the biggest [roblem is that every trader wants to be a millionaire with just few trades. And this is where scam coming into the picture.
The best way is to stick to the top 10 currencies and invest for long term being optimistic.
legendary
Activity: 1932
Merit: 1005
April 07, 2020, 01:06:24 PM
think OP had a very hard and bad day , crypto is not fake shit , it is the most honest way of "money" , it depends what people are doing with it and , yes , indeed some people in crypto aren't honest by far but it is not the crypto that is scam , the people who use it for the wrong reason's , they are the scam here
copper member
Activity: 966
Merit: 5
April 07, 2020, 01:02:19 PM
It is not totally true, I believe there are many scam projects but using it as a basis to classify others or even the general crypto space is wrong. No one argues there aren't scammers but to an extent scammers steal from those who are mostly unaware, uninformed etc. People should learn to careful in this crypto space, if they can't afford to research on new projects then they should go for top coins and save themselves the pain of investing in scam projects. Also, no one should trade without learning about trading. When we start doing things the right way, it will help a lot.
full member
Activity: 616
Merit: 108
io.ezystayz.com
April 07, 2020, 10:27:47 AM

A very weak mindset came from people whose intention is to be rich as quick as possible, there is nothing for cryptocurrency to prove with fools like them. I don't understand the logic of some people that they are entering the crypto scene just because they heard a profit from it, and without prior knowledge and researches they wanna go in then found out that they are trapped from their own expectations. Actually I like bitcoin more when it is not on the mainstream media or anything stuff that the majority have seen it, I liked it before that there are less toxic people calling out bitcoin.

I agree with you buddy, their likes are those who knows only one thing about cryptocurrency market, an investment option for taking off profits due to it fluctuations or the pump and dump action of some coins. Well, i'd say they are kind of disappointed as things ain't working out according to how they perceived this space before joining and all they got to do is call it scam names. This is isn't a bullish season where they'll see virtually every cryptocurrency out there mooning. People need to got the right info about cryptocurrency being a decentralized financial institution that provides digital currency for day-to-day transactions without going through the traditional protocols. That way, their expectations of cashing out big from this space will be lessen.
sr. member
Activity: 1918
Merit: 370
April 07, 2020, 10:00:36 AM
Cryptocurrency have made many people panic because with price of bitcoin and altcoin keep going down many people can't trust anymore with bitcoin and altcoin, Many people will move their investment to the other way because bitcoin make many investor poor.

This is a rather strange degree of trust. After all, people who have ceased to trust Bitcoin have ceased to trust it due to the fact that their expectations regarding earnings on cryptocurrencies did not materialize. Bitcoin did not promise them anything, huge earnings were promised to them by other people who urged everyone to buy Bitcoin in a given period of time. However, the cryptocurrency itself or the development team did not say anything like that. People themselves are to blame for their problems with trust.
A very weak mindset came from people whose intention is to be rich as quick as possible, there is nothing for cryptocurrency to prove with fools like them. I don't understand the logic of some people that they are entering the crypto scene just because they heard a profit from it, and without prior knowledge and researches they wanna go in then found out that they are trapped from their own expectations. Actually I like bitcoin more when it is not on the mainstream media or anything stuff that the majority have seen it, I liked it before that there are less toxic people calling out bitcoin.
legendary
Activity: 3276
Merit: 2442
April 03, 2020, 12:21:16 PM
It is sad but OP has a point. The only thing real is that the amount of gold in your hands in the end I'm afraid.

Anything else is just a number on your screen. Bitcoin itself is close to gold but those fake shit happening on the exchanges is killing it. It may all go down when they run out of people to scam.
member
Activity: 490
Merit: 19
April 03, 2020, 12:12:12 PM
Crypto investment is extremely dangerous, If you aren't ready for anything dangerous then you shouldn't be here, you can lose all or win big, either one of the two is bound to happen but honestly old coins have make crypto investment safer, with old coins all you need is patience, the right timing
hero member
Activity: 2814
Merit: 576
April 03, 2020, 12:11:28 PM
The whole Crypto industry is shit and absolute fraudulent.
Not all crypto industry spaces commit fraud, there are still many who can be trusted and make people really hope for short and long term investment, And also the current crypto exchange on the market, which is why everyone should have trade knowledge and also ask about crypto that has good potential for the future before trading and investing.

For beginners learning, asking, knowledge, about cryoto and Exchange is really needed to be able to judge the truly honest, not vice versa.
Carelessness and rash in drawing conclusions when doing business in the crypto world can make you wretched.
Scamming and fraudulence will never be stopped and will continue to happen in the crypto market if newcomers won't be as smart as the old ones. If they keep on pretending they know the market well just like everyone here, then they will continue losing their funds and being scammed. Crypto investment is always risky for those who never knew it well but for those who are already skilled with it like in trading or gambling, they always make huge profits from it.
full member
Activity: 1372
Merit: 133
April 03, 2020, 10:34:21 AM
Of course I do not like the table of contents of this topic.  I believe that many cryptocurrency users very much relied on their confidence and on the ads that aroused their desire to earn big money thanks to cryptocurrency.  But the fact is that few people paid attention to the belief of professionals that the cryptocurrency market needs first of all great knowledge, as well as the understanding that the cryptocurrency market carries a huge risk for any investor or trader.  You always need to count your capabilities at their true worth.  I consider myself not a very big figure in the cryptocurrency market, but I managed to earn good enough money, because thanks to the cryptocurrency I managed to buy housing for my family.  I believe that I have already fulfilled part of my plans, but nevertheless I am not going to stop there, because I know that cryptocurrency has a very great future and, with the relevant experience in trading, I can achieve good results.
full member
Activity: 826
Merit: 104
April 03, 2020, 06:44:52 AM
The whole Crypto industry is shit and absolute fraudulent.

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.
Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

Enjoy getting fleeced around every turn.
If not blatantly robbed you are Trading against them owning billions of Tokens ,Impossible. Any fool can get lucky but in the long haul you will lose.
The system is now to perfect its stupid.

The amount of movement available to them in Markets is stupid now. Every Order has immediate effects that cant be considered normal Trade only fake Volume Trade .
To Exchanges all over i say enjoy robbing the poor but you will have your day in the sun im sure many enemies you make

I think there is no need to create FUD because cryptocurrency or Bitcoin has survived in 10 years and to this day the price continues to rise compared to when it was first introduced. Cryptocurrency is believed by many people to be a new opportunity and maybe the market cap value will break trillions of dollars
Agree, we've seen too much FUD in the last 10 years. And it cannot make this market collapse, somehow this market still exists and thrives until now. I believe that in the next few years the price of bitcoin will be 10 times higher than the current or even higher
sr. member
Activity: 1914
Merit: 328
April 03, 2020, 04:05:08 AM
Another person who couldn't made any profit from bitcoin or crypto in general I assume? Or maybe worse, someone who has lost money from crypto so far. Definitely a lot of those around, a lot of people who think they should be making money from bitcoin or crypto but lost, a lot of people who wished they got into crypto a lot earlier but couldn't, they are always calling bitcoin fake and dead and stuff like that and that has always been a thing all around the world as well.

Bitcoin moves away from those people uninjured and just continues to make the owners a lot of profit over course of years, I have been involved since 2013 and I have made incredible amount of money from it, not just trading neither, all sorts of working included, so bitcoin and crypto as real as it gets and I am the proof.
member
Activity: 840
Merit: 10
March 31, 2020, 02:17:53 AM
The whole Crypto industry is shit and absolute fraudulent.

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.
Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

Enjoy getting fleeced around every turn.
If not blatantly robbed you are Trading against them owning billions of Tokens ,Impossible. Any fool can get lucky but in the long haul you will lose.
The system is now to perfect its stupid.

The amount of movement available to them in Markets is stupid now. Every Order has immediate effects that cant be considered normal Trade only fake Volume Trade .
To Exchanges all over i say enjoy robbing the poor but you will have your day in the sun im sure many enemies you make

I think there is no need to create FUD because cryptocurrency or Bitcoin has survived in 10 years and to this day the price continues to rise compared to when it was first introduced. Cryptocurrency is believed by many people to be a new opportunity and maybe the market cap value will break trillions of dollars
legendary
Activity: 2128
Merit: 1775
March 31, 2020, 01:16:36 AM
The whole Crypto industry is shit and absolute fraudulent.
Not all crypto industry spaces commit fraud, there are still many who can be trusted and make people really hope for short and long term investment, And also the current crypto exchange on the market, which is why everyone should have trade knowledge and also ask about crypto that has good potential for the future before trading and investing.

For beginners learning, asking, knowledge, about cryoto and Exchange is really needed to be able to judge the truly honest, not vice versa.
Carelessness and rash in drawing conclusions when doing business in the crypto world can make you wretched.
hero member
Activity: 1736
Merit: 501
March 31, 2020, 12:03:36 AM
Every user or owner of crytocurrency I think has experienced a variety of bitter and sweet experiences but it would be wrong if we despair and vent frustration here, anyone who wants to get into the world of crypto should first learn the nature and function so that there are no disappointments and complains in the future. .
copper member
Activity: 83
Merit: 7
March 30, 2020, 06:51:11 PM
The whole Crypto industry is shit and absolute fraudulent.

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.
Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

Enjoy getting fleeced around every turn.
If not blatantly robbed you are Trading against them owning billions of Tokens ,Impossible. Any fool can get lucky but in the long haul you will lose.
The system is now to perfect its stupid.

The amount of movement available to them in Markets is stupid now. Every Order has immediate effects that cant be considered normal Trade only fake Volume Trade .
To Exchanges all over i say enjoy robbing the poor but you will have your day in the sun im sure many enemies you make
This kind of hopeless word always using only newbies. Crypto is shit, never recover, quit crypto or don't believe etc, we're used to it. If you can limit supply than you think project will successful. Without development any projects can't successful, this is why we check liquidity pool to stop price dump.
member
Activity: 368
Merit: 11
March 30, 2020, 06:23:43 PM
I think that your position is  too critical. Yeah, there are a lot of scam projects and even some exchanges with large volumes are scam, but main crypto projects stiil consist ideas of Satoshi and they follow it. You just should to be careful about projects you participate and everything will be okay

You are right,virtually everyone have had a fair share of bad experience with scam cryptocurrency project as a result of lack of regulations in the sector and as such, project developers often run away with investors money and to be honest, those traits have tainted the cryptocurrency market bad. I'm sure the market will one day have it's correction where we'll be free of such scamming project.
member
Activity: 375
Merit: 10
March 30, 2020, 05:33:35 PM
I think that your position is  too critical. Yeah, there are a lot of scam projects and even some exchanges with large volumes are scam, but main crypto projects stiil consist ideas of Satoshi and they follow it. You just should to be careful about projects you participate and everything will be okay
sr. member
Activity: 546
Merit: 253
March 29, 2020, 08:36:11 PM
Well, crypto is not as shitty as you see it, in this world, many people turn out to be bad while others are good, these makes them create shitcoins to scam people and probably if you have fallen victim of such scam coin, you will feel it's same with the whole crypto space. There are so much good coins out there. Only if you do your research properly and be patient for profit.
If you only care about profits, then you should spend time researching because not every coin can make you a profit. In my experience, there are 90% shitcoin and certainly the chance of making money in this market will be very low. However, the projects that people are interested in will never let you down and if you are lucky, the coin you choose to invest has the opportunity to be in the top 10 coins.
jr. member
Activity: 38
Merit: 4
March 29, 2020, 07:59:00 PM
The whole Crypto industry is shit and absolute fraudulent.

Trade is a joke as you basically trading against the Exchange using their unlimited Tokens and your own Fiat against you.
No matter how many customers a Exchange have they are not all on at once so using their fake Volume its very easy to Trade against the few that is in any given room at one time.
Total Centralized Crime and fraud. I have no more faith in this shit ,its only a empty promise that attracts people to invest and then see their Funds held tight, while you try to fool yourself to look for patterns . Every avenue of Trade is now perfected by the Central crime syndicates creating Tokens just to dilute your buypower keeping control. Even BTC is their puppet.

Enjoy getting fleeced around every turn.
If not blatantly robbed you are Trading against them owning billions of Tokens ,Impossible. Any fool can get lucky but in the long haul you will lose.
The system is now to perfect its stupid.

The amount of movement available to them in Markets is stupid now. Every Order has immediate effects that cant be considered normal Trade only fake Volume Trade .
To Exchanges all over i say enjoy robbing the poor but you will have your day in the sun im sure many enemies you make


You have just described any Forex, etc market...
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