Topic: Do you trust ERC20 tokens? (Read 4734 times)
The ERC-20 Token is definitely very much and before you buy it you have to be more careful. Not all ERC-20 tokens are good and that also depends on the Team, Developer, and Community. They must have good experience in the market, can develop and get investors.
Of course I trust ERC20 tokens.ERC20 tokens standard is based on Ethereum blockchain.Ethereum is the most trustful blockchain going on now. I don't see any risk about ERC20 tokens.ofcourse there are scam projects that use ERC20 tokens,you should be careful about them.
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.
Do you trust them?
There is no connection with the token being ERC20 or not and if it is a scam. With ERC being only a platform, it is solely your decision whether to invest in a certain project. Do you trust them?
I personally would refrain from investing in things like eBTC, since I fully understand that there is no unique idea in it and the real bitcoin is more trustworthy and reliable.
I think that it doesn't depend on ERC-20, there are scams on every blockchain. There are a lof of projects good and bad. We can't predict which ICO will make x10.
Today you have the opportunity to invest in a very large number of interesting ERC20 token. I have a very good experience with tokens, especially with those who have made 1000% profits.
But I'm trying to get tokens that are not ICO and do not look suspicious. You need to be careful because many of these ERC20s are scams.
But I'm trying to get tokens that are not ICO and do not look suspicious. You need to be careful because many of these ERC20s are scams.
I trust not all tokens. I trust only top ERC - 20 tokens. For example Ethereum. Such coin needs to be bought and trusted. Choose only good coins.
Of course I believe, personally, I have already earned a lot of money on ERC20 tokens. There are such tokens are more expensive than ether. And as for the credits, I participated in two phases of the bounty and was also well earned
Trusting someone or something is always a very important step, so I probably wouldn’t do it if I don’t expect any serious step before assessing the risks that today exist on the cryptocurrency market in general
I trust project units on ERC-20. You will not believe, but tokens issued on other platforms or ordinary coins, too, can not boast of a guarantee of quality and confidence that their products will appear on the market.
The fact that they turned out to be fraudsters does not mean at all that the ERC-20 marker is to blame for this, it was just a fraudulent project in itself!
There are s many different ERC-20 tokens and it is quite hard to tell yes or no. I invested in some perspective ones, but I don't trust in all tokens, because there are a lot of scams.
ERC-20 tokens are great. There are so much projects that are using Ethereum blockchain and the price also depends on ETH. I am just waiting for Ethereum to reach 1500 USD again and all the alts will follow.
As what I experienced Erc20 base token was the most scam project this past months but we can't say not to trust them. The problem here is the investors who still investing without taking time to review those ICOs.
We can't blame ERC20 because some blockchain too can ended in scam.
I feel so sad that there are many promoters there still helping those scammers to promote scam token using erc20, specially those self drop ICO.
We can't blame ERC20 because some blockchain too can ended in scam.
I feel so sad that there are many promoters there still helping those scammers to promote scam token using erc20, specially those self drop ICO.
I have trust some erc20 tokens, and they are really doing well, Because of too many scrap token built on the Ethereum blockchain, it has really made the erc20 tokens look worthless but we still have reputable projects there.
I used ERC20 tokens for morethan 1 year, and no problem encounter yet. So for me, I trust it and the nature of the system is not so complicated since I'm aware on internet/system programming and developing some sort of application. Honestly, I trust ERC20 morethan my mentor/friend who is obviously greedy in crypto money.
I wouldn't trust coins or any token because they are nearly clones of Bitcoin and other coins that were constructed near the origin of BC. I used ERC20 tokens for morethan 1 year, and no problem encounter yet. So for me, I trust it and the nature of the system is not so complicated since I'm aware on internet/system programming and developing some sort of application. Honestly, I trust ERC20 morethan my mentor/friend who is obviously greedy in crypto money.
well, most of the time the ICO coin making is based on the ETH platform, or ERC20. well, we know that most altcoins currently have an erc20 platform, so of course at the moment I'm still using them, even I hold them a few. 
of course i still believe ERC20-based tokens , because I see many new projects using ERC20 , so I think ERC20 tokens will grow rapidly
I used ERC20 tokens for morethan 1 year, and no problem encounter yet. So for me, I trust it and the nature of the system is not so complicated since I'm aware on internet/system programming and developing some sort of application. Honestly, I trust ERC20 morethan my mentor/friend who is obviously greedy in crypto money.
Why not , there are many of them providing solution to human need with blockchain and surely we will have bad ones that are only to take from where they didn't soul , but we need to keep moving and support which ever one we see bringing and adding value to the community , so I trust them but definitely not all and we can't because some are bad and condemn all.
Yes I still trust ERC20 token wallet. Sometimes it will be hacked at bad people. But I think ERC20 wallet is very easy and useful wallet for us. Best wishes for ERC20 token wallet
Jump to: