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Topic: Crypto is fake shit - page 9. (Read 1322 times)

member
Activity: 406
Merit: 10
March 09, 2020, 01:40:43 PM
#55
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

Ever heard of Decentralized Exchanges man? DEX's for short. There's a TON of FAKE volume on the bigger exchanges, bots wash trading like crazy.

Read more about the DEX here: https://blockdx.com/

I've been trading a few of my LTC for BLOCK on their DEX, and it works pretty well. Completely trustless.
full member
Activity: 1106
Merit: 103
♦♣♥♠
March 09, 2020, 01:32:16 PM
#54
The scamming will continue for as long as there will be naive newbies who believe that they can invest in "good project", and it seems there's still plenty of such people. Nowadays most people know about the dangers of shitcoins, ICO scams, pump and dump and so on, but somehow they believe that they posses the skills to avoid it. and this is where they are wrong. My advice is just stick to Bitcoin, it can't be manipulated in the long run and it's the least risky coin in this whole market.
Gold words. As long as there are such people, the world will be fun and funny. Thanks to such people. The whole economic basis of the modern “virtual industry nothing” rests on them (fools). They make it possible to earn money on oneself and that’s cool. (Buy the last iPhone today because it’s fashionable and do not care that tomorrow it will cost -30%)
member
Activity: 560
Merit: 13
March 09, 2020, 01:24:21 PM
#53
Scammers made this entire forum a real shit, unless they are alive we can't blame any projects this is my personal thought. They are the one who announce fake ICOs or initial coin offering as a way to steal our funds or our hardwork, especially exchanges play a key role to make it a real disaster. However let's hope scam issues will get resolved in near future.
sr. member
Activity: 2254
Merit: 258
March 09, 2020, 01:00:49 PM
#52
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 hope this will be your last post we don't need someone clean like you who cannot accept dirty games like what exchanges are doing, and the scamming that is going on, it's not safe for a newbie like you, so save yourself of the worry and leave these to mature and experts investors
trading is not for a weak heart like you.
sr. member
Activity: 882
Merit: 254
March 09, 2020, 12:27:36 PM
#51
This is old news man, exchanges (AKA Brokers in other financial markets) are the only winners, they are like the casino, they never loose whether you profit or lose your money.

This thing is worse in crypto, since it's not regulated & any kind of pump & dump is still kind of " legitimate " in this cryptosphere..
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 09, 2020, 11:57:20 AM
#50
You can't just call crypto fake. The demand behind crypto is great and the value is where it is because the immutability of it is undisputed. So what really is fake in the end? Yes you can lose in trading, but you can also win and there's nothing stopping you from doing so.
member
Activity: 490
Merit: 19
March 09, 2020, 11:46:56 AM
#49
The most trusted coin will always be Bitcoin, many investors are coming into crypto space with the hope that they can invest in a special coin that can bring huge money in future, but things aren't always simple like that in crypto space
full member
Activity: 1339
Merit: 157
March 09, 2020, 10:51:46 AM
#48
Don't judge it that way because there is still a coin that is still good for us to invest, it is now a lot of us find a fake project that is full of crap but we can still find a good project although it is very difficult to Surely the crypto world we can still rely on for the future and I believe the big profit is waiting for us.
indeed the current condition of the development of cryptocurrency is not good so many platforms where exchanges are experiencing scams so it's better to be careful when you want to buy a coin that you want, lest you get stuck in a suspicious platform and have a bad development concept.
It's our choice if we didn't check before investing/joining campaigns. On the other side of Crypto, its still the best time we got today. Market is still down, its best time to invest while its still low. Find projects that worth your time and don't be lazy on reading projects before joining. We admit it, cryptocurrency have a bunch of fake projects. All we have to do is find a relevant project and grab every opportunites we got here.
newbie
Activity: 34
Merit: 0
March 09, 2020, 09:58:53 AM
#47
Lies and scams are downside of cryptocurrency market that's why some people are afraid to invest in this industry but it's not mean that the whole cryptocurrency industry is full of scams we should look positive side as well if you do some research and see the history of some cryptocurrencies then I believe you will find many positive reasons which may change your thinking about crypto industry.
You're right indeed. On top of that we should consider fact that fiat money are probably more involved in criminal and scamming activities than cryptocurrencies.
However since it is a relatively fresh field of knowledge people sleep on securing their funds and trying to take as much profit as possible.
member
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
March 09, 2020, 09:29:03 AM
#46
If you are looking for "guaranteed 30% month ROI rate" projects (which may not be even cryptocurrencies themselves but binary options running on cryptos) or get to the trap known as "pump and dump" (what is easy to avoid - just check the trading volume change!) then you might feel like that.

This is why before going for that particular crypto, you check it. If you want to become a daily trader, learn first. There are websites/tools where you can train for free, once you learn how to use moving averages, all the figures you can detect on charts, learn about the importance of trading volume and even a whale size transaction.
Not to mention, that as cryptos are more volatile than fiat  (but as we can see now not as much as oil!), if you do not keep yourself calmed - you might be overwhelmed with greed or panic what makes you ignore facts.

And remember that you could fell for the same traps if you traded stocks, precious metals or traded with leverage on forex.
member
Activity: 882
Merit: 13
March 09, 2020, 09:23:37 AM
#45
Are you an expert to say all that or you just got scammed so you vent all your ire here? There are thousands or even millions of people around the world have been in engaged with cryptocurrency and it is continueing to grow as we go forward to for better technology evolution. Even bigger personalities, experts, and investors are now into crypto and see it as a big investments. Scams and shit projects are all part of the cycle, even in different sectors or kinds businesses and investments there will be scams and scammers. Let's just hope that one day they(scammers) will be apprehended with the use the blockchain technology itself.
member
Activity: 1204
Merit: 11
March 09, 2020, 09:21:34 AM
#44
Lies and scams are downside of cryptocurrency market that's why some people are afraid to invest in this industry but it's not mean that the whole cryptocurrency industry is full of scams we should look positive side as well if you do some research and see the history of some cryptocurrencies then I believe you will find many positive reasons which may change your thinking about crypto industry.
member
Activity: 224
Merit: 10
March 09, 2020, 09:17:48 AM
#43
Don't generalise cause it is pretty unfair for those who are making good deeds and putting their reputations in jeopardy just to serve every community what they wanted.
member
Activity: 532
Merit: 41
March 09, 2020, 08:48:42 AM
#42
Crypto is volatile, that's why we are warned to invest only what we can afford to lose, the reality about crypto is there will be loss, you can't escape that fact, it will happen no matter how smart you are so instead of getting angry because of the losses learn to adjust
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
March 09, 2020, 08:32:30 AM
#41
Don't judge it that way because there is still a coin that is still good for us to invest, it is now a lot of us find a fake project that is full of crap but we can still find a good project although it is very difficult to Surely the crypto world we can still rely on for the future and I believe the big profit is waiting for us.
indeed the current condition of the development of cryptocurrency is not good so many platforms where exchanges are experiencing scams so it's better to be careful when you want to buy a coin that you want, lest you get stuck in a suspicious platform and have a bad development concept.
full member
Activity: 177
Merit: 100
March 09, 2020, 08:31:01 AM
#40
They hated him because he spoke the truth
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
March 09, 2020, 08:27:40 AM
#39
ummmmmmmmmmmmmmmm OP, you are almost allllll correct.  most of it is.

chbt.ch
and
aidoskuneen.com

are NOT.  watch them turn this bs crypto world upside down 2020 going fwd. Smiley
when you actually get all proper regulations done and see the moon coming.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
March 09, 2020, 08:19:35 AM
#38
Crypto is not fake OP is just the bad investor who thinks otherwise, to trade you have to learn the basics of trading and to invest in any crypto coin you have to spend minutes to hours doing your homework, take heart and learn from your mistake
indeed, not all crypto coins are shit. but maybe what OP sees as coincidence is shit assets that make people accept losses. many people have already benefited from crypto. but there are also many losers due to a lack of knowledge and experience in crypto trading and investment.
member
Activity: 127
Merit: 12
March 09, 2020, 07:44:24 AM
#37
Fruad and Scamming Has taken over the World of Internet and the Universe at large. Everyone pushing had to make quick Money, to see thire little Money Doubled or multiplied as the case may be, For a Fellow wanting to invest without due consideration and research  may get scammed. Bitcoin has proven the legitimacy of Cryptocurrency and every other coin built with reference to it hence, get a percentage authenticity; wether 10% 20% or 90%. Without due research you will get scammed even on a 100% legit project.
NB: you won't know the correct Or Valid project unless strong research and you don't have to labbel all crypto project as scam cause of some lazy fellas that won't read before Dashing their Money out in the name of investment..
member
Activity: 560
Merit: 28
SAPG Pre-Sale Live on Uniswap!
March 09, 2020, 07:33:38 AM
#36
Crypto is not fake OP is just the bad investor who thinks otherwise, to trade you have to learn the basics of trading and to invest in any crypto coin you have to spend minutes to hours doing your homework, take heart and learn from your mistake
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