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Topic: Crypto is fake shit - page 7. (Read 1307 times)

member
Activity: 854
Merit: 10
March 11, 2020, 11:53:33 AM
#95
The shitcoins created are usually not for long term investment, except for very few handfuls of them. Even the handfuls can bring any form of doubt. The developers know what they are after. Most of the times, they have heir ways, even though it is not 100%.
Those who invest in such sometimes fall victim unknowingly.
We all know they are shit, but we tend to also play smart with them. You make profits a time and sometimes it is the other experience.
sr. member
Activity: 1078
Merit: 354
March 11, 2020, 11:09:47 AM
#94
It's not true that the whole industry is bad. It's just that there is little regulation, and a lot of money to be made. Yes there are scams and yes there is price manipulation, but that doesn't negate the underlying use case. Crypto is the best solution to many problems, and is here to stay.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
March 11, 2020, 11:02:51 AM
#93
The whole Crypto industry is shit and absolute fraudulent.

I would not say that the entire cryptocurrency industry is fraudulent because it would not be true.

- we have exchanges that are good

- we have wallet that are good

- we have good gambling sites

Of course, we also have to admit that there are many meaningless projects

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.

you know that this is a new industry, there is still a lot that will be improved in the future. About the fake volume I think that is what I said, if there are not many people because it is a new industry it would be more than obvious that you would see fake volume. but in the future this will change

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.

when create PTC sites (paid to click) many scammers appeared and destroyed the PTC image

In my country, gold mines are exploited by criminals and the police constantly fight with these criminals, but there are many people who buy gold and don't even want to know where it came from and how it came from.

there are many scammers on the internet that create hyip/ponzi sites. Did people give up using the internet? no!

you can do research and choose good projects and not get involved with projects created by scammers

The system is now to perfect its stupid.

this system works
sr. member
Activity: 1498
Merit: 326
Vave.com - Crypto Casino
March 11, 2020, 09:59:03 AM
#92
If its really fake why so many interested with it? I dont getting the point of such complained from OP which is porbably due to losing on some scam or trading he did with it. I know that we have free opinion here, bur frustration can be indeed in the form of etiquette at least. Yes crypto sometime is very irritating and quite dissapointed especially during those negative bad times we experience but such rant cant prove that this space iant worth it.

There are some who enjoy the profits and earning feom cryptocurrency. Maybe you just need a cool off, to relax.
full member
Activity: 1820
Merit: 107
March 11, 2020, 08:50:01 AM
#91
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
Thats called frustration it is normal if you are losing something and also if you become the victim of the exit scam ICO and other fraudulent activities, even me I also become a victim of those fraudsters but one thing is for sure I'm not that type to easily give up I was realized that if I'm giving up I have no chance to recover I loses thats simple. so thats why until now I'm still here in the crypto industry.
sr. member
Activity: 1988
Merit: 453
March 11, 2020, 08:26:29 AM
#90
I am not a big fan of cryptocurrency exchanges, and the exchange tokens. In the past, I have lost good amounts of money to various exchange scams. That said, we need to differentiate between the good and bad exchanges. Some of the exchanges went down for no fault of theirs (Cryptopia, Wex.nz.etc). And at least some of the exchange tokens (such as BNB) have returned good amount of profits for those who invested in them.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 11, 2020, 07:54:25 AM
#89
we are all right or wrong, about how the choice we make depends on ourselves.
same with crypto try to pay attention to you, which more people get the benefits or people who are harmed by crypto ,?

If you are not strong in this market there will be no stopping you to get out.

the usual thing that happens when you experience something unpleasant or losers with what is obtained then feel that what is done is very futile and usually blame. even though it must be known that joining crypto means that you will experience something bad or good, all you have to do is respond and try to improve.

I agree with the above if you are not strong enough to follow crypto it is better to avoid it immediately. that's the best way.
hero member
Activity: 3052
Merit: 651
March 10, 2020, 11:33:19 PM
#88
To OP, how much did you lose to have this kind of grudge against the crypto currency industry?

That is mostly the reason into why madness are seen to people.
Because they lose something on their way to what they think is fast and easy profit.
I don't blame you at all. Happened to me before.
But you will need to digest all of it and move on. You can share your madness here and maybe that will feel a lot better.
But in the end, you cannot just stop. It will be a nightmare if you will. Everyday thinking about how much you lose and not getting it back.
sr. member
Activity: 1876
Merit: 259
March 10, 2020, 10:25:28 PM
#87
we are all right or wrong, about how the choice we make depends on ourselves.
same with crypto try to pay attention to you, which more people get the benefits or people who are harmed by crypto ,?

If you are not strong in this market there will be no stopping you to get out.
newbie
Activity: 3
Merit: 0
March 10, 2020, 10:14:06 PM
#86
Yes. Too many shit coins and lots of fools who always expect for lucky. Scammers keep create their fake coins those make the online markets inflationary and affect to values of true coins.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
March 10, 2020, 09:52:35 PM
#85
Yep, the crypto industry (exchange, ICO, tokens) is crap, but it doesn't mean PoW cryptocurrencies without premine, and dev fees (tax) are crap as well. Bitcoin is legit, and pure coins (if any) are legit as well.

I understand OP's frustration about exchange and trading manipulations, but it will disappear as the space matured. Legit crypto is here to stay.
full member
Activity: 1526
Merit: 111
Pepemo.vip
March 10, 2020, 09:02:30 PM
#84
in the cryptocurrency business where we already know the background and there are certain parties with large capital who are playing with prices, we must be able to adapt and learn to keep making a profit under any conditions. if it is truly cruel if we hear news of losses suffered by investors, we must therefore calculate the risks and rewards correctly

jr. member
Activity: 289
Merit: 1
March 10, 2020, 08:26:14 PM
#83
For new people, I think it is very natural if you think as you say. I guess you are too quick to invest and it's a bad decision for a beginner. Fraud will continue to happen because this technology is able to provide rapid gains and is now very popular.

I hope you have a lot more to learn and not to make stupid decisions. What I mean the stupid decision is that you invest in a crypto coin but you don't do analysis before that.
sr. member
Activity: 1652
Merit: 262
March 10, 2020, 07:55:08 PM
#82
no matter if they commit fraud by making fake volumes or such, as long as they can still make a profit, I think it's still fair and I always agree with the profit that can be obtained from crypto.
copper member
Activity: 482
Merit: 1
March 10, 2020, 02:49:47 PM
#81
This is simply the impact of uncensored constant production of baseless coins that doesn't have any impact. That's the question every project need to answer. ! Alot of coins are just for decoration and nothing else. That's why it's else to fake things about them on exchange and so on. I believe things will change someday.
legendary
Activity: 2884
Merit: 1117
March 10, 2020, 02:23:01 PM
#80
Of course, there will always be people hate crypto, that has to happen, crypto or anything in life really can't be loved by 100% every single human on earth. Right now, we are in a climate crisis that will kill all of humanity if we do not react quickly enough and we are already too late and there was life threatening nation wide dangerous fires on California and ... New Zealand? Australia, somewhere like that and people are still not doing anything about climate change and they do not believe it and find it a hoax.

So excuse me, if I do not care about people who dislike crypto and see it as "fake shit", that is as understandable as it gets compared to earth ending things people thing as fake, so let them be and continue with your own progression without caring about them.
sr. member
Activity: 966
Merit: 274
March 10, 2020, 12:05:17 PM
#79
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
In my own point of view, reading all of your reasons is really childish. The only reason why you always get victimized by this kind of frauds because you are too greedy to earn in cryptocurrency. You should already know where you should trade and invest your money legitimately, so that you won't always complain about fraud and crimes in cryptocurrency and be smarter than scammers.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
March 10, 2020, 10:30:47 AM
#78
In my opinion, not all cryptos are fake. the purpose of crypto is actually good, but many people use it wrong or the people behind it manage crypto themselves. so if you say all crypto is fake, then you are wrong in evaluating it.
There are a lot of cryptocurrencies existing nowadays and we cannot expect it all to become legitimate, there would only be a few that would make it till the end and become successful. We can never generalize that all are fake, we can already see that lots have became successful and still making noise up until now.

I do not think crypto currency is fake, but i do admit that there are fake projects in all corners of crypto currency and the world at large

Thats why we need to be calm and do proper researches before any form of investment.
Crypto currency is not a place for blame game, its a world where u unlearn to learn and relearn.
We cannot really blame everyone from saying that it is fake, maybe they have experienced lots of failed campaign or scams which made them jump into tgat conclusion. We need to orient everyone specially the newbies so that they can understand that there will always be scammers and failing coins.
legendary
Activity: 2450
Merit: 1047
March 10, 2020, 09:38:47 AM
#77
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'm not surprised at all reading this coming from newbies, they are not doing their assignment, they thought things are all easy so they do not set up guidelines and not adding information as they move along, they thought that everything here will be given in silver platter which is not really the reality, it's his lost and failure anyway not our lost.
sr. member
Activity: 882
Merit: 260
March 10, 2020, 09:19:44 AM
#76
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 get your point buddy and it seems like you have gone through a bad experience of getting into cryptocurrency works specially in the case of trading for the sake of obtaining profit. Well in trading everything also seems to be so unpredictable due to the fact that prices of cryptocurrencies are volatile and no one can ever predict in which direction the price can move just like in this situation wherein we have started this year with a great progress in which the prices have risen up all of a sudden from a downfall way back 2019 and now the price surges down again dropping the prices of all cryptocurrencies in the market. Well, I have also encountered exchanges sharing the same thing you have mentioned and it was really bad fooling people with fake trading volume because what we all want is to earn from this industry it is not good to fool people just for the benefit of their own. But not all exchanges are like that because there are still good and reliable exchanges that are transparent so if you do want to secure having good trades, better choose a good exchange for better trading experience.
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