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Topic: Do you trust ERC20 tokens? - page 18. (Read 4734 times)

newbie
Activity: 41
Merit: 0
August 18, 2018, 12:19:34 PM
It is easy to create Erc20 tokens so many of them scam and doesnt have real project. You should know some information about the project behind the token before pay money for these tokens
jr. member
Activity: 336
Merit: 1
August 18, 2018, 09:24:27 AM
Of course, but not all,but there are among them straight I would say very very worthy projects that can attract a lot of attention in the future, it's just my look global businesses and companies of the future,so it's worth to look at them
hero member
Activity: 1080
Merit: 500
August 18, 2018, 09:21:32 AM
Ethereum has greatly simplified the creation of smart contracts. Now almost any passer-by can create a project, although not even create, because you can just copy someone and give it for your own, with the inscription first, unique and orginal. On the Ethereum platform, create your token and start an ICO.
jr. member
Activity: 386
Merit: 1
August 18, 2018, 08:32:37 AM
I still believe in tokens erc20, I don't think everything is a scam, because there are still many good tokens and have the potential to grow bigger.
member
Activity: 336
Merit: 10
August 18, 2018, 08:22:52 AM
erc20 tokens are the most used tokens in crypto currency markets. I think investors who did not create any problems until this time are satisfied investors.
newbie
Activity: 210
Merit: 0
August 18, 2018, 08:21:52 AM
What I have in mind is that the ERC20 token is easy and simple, besides that there are many ico who use this platform, whether it's ico or not, so if I find ico scam I don't think it has a connection with this token. This token is only a tool to make it easier for investors to join in ICO, because the community is large and easily available.
sr. member
Activity: 1092
Merit: 254
August 18, 2018, 08:20:28 AM
To my mind it depends not on the fact whether the token is based on ERC20 or not, but on the real purpose of the token itself. And I trust to that tokens where the team do something to develop it, where you may see the need in it on the cryptomarket, when people want to buy it,  and it takes high positions. The token may be based on another Blockchain and be strong, or may be based on the ERC20 and loose its position on the market and depreciate.
full member
Activity: 490
Merit: 100
August 18, 2018, 08:11:44 AM
You are very fortunate, you know that there are still many people who have not sold their ebtc and exrn in time, and now the prices of these two tokens are almost zero.
newbie
Activity: 68
Merit: 0
August 18, 2018, 08:09:37 AM
ERC-20 tokens can be released with a simple operation, as many ICOs were born. These projects have chosen ERC20 because it is simple and convenient. But not all ERC20 tokens are scams, and some excellent projects have been created here. Therefore, before investing in ICO, we need to have our own judgment.
full member
Activity: 258
Merit: 100
Co-founder Love Air Promise
August 18, 2018, 08:08:21 AM
Whenever you want to buy a coin,kindly read more on the coin and know its potential.Dont just buy coins but know more of them because there are scam once indeed and you need not to lose money like that.
newbie
Activity: 66
Merit: 0
August 18, 2018, 08:05:17 AM
Yes of course, ERC20 tokens can be trusted because when a project is a scam does depend on weather it's an ERC20 based or not. We also have many coins that are scam out there. So we cannot based our judgment on the ERC20 technology.
jr. member
Activity: 336
Merit: 1
August 18, 2018, 12:22:47 AM
Yes, I trust him (I have no reason not to) . A fraudulent ico is not an ERC20 token. RC 20 marker is: a convenient, and easy to use marker,
newbie
Activity: 154
Merit: 0
August 18, 2018, 12:17:46 AM
If I still believe. because many coin with base ERC20. and until now is still fine. So I think there is no harm, as long as the movement is good, why not try the investment.
full member
Activity: 448
Merit: 100
The Protocol for the Audience Economy
August 18, 2018, 12:14:17 AM
While Ether did not have a popular competitor, the ERC-20 tokens have no alternative. Therefore, as they were popular, they will.
member
Activity: 162
Merit: 16
Critic of Filipino Translators
August 18, 2018, 12:14:09 AM
It is a known fact that majority of those newly-created tokens are created within the Ethereum blockchain, so they are all ERC20 tokens, and with those statistics, we could not predict which will turn into a SCAM and which will become a profitable one. What we need is to be cautious, watch and study each project, the team behind and the business they are offering. Someone might say... follow your instinct.
member
Activity: 200
Merit: 10
August 18, 2018, 12:12:28 AM
Despite everything I have confidence in ERC-20, Certainly every speculation has its own particular dangers not to mention encountering disappointment is a typical thing, yet the most ideal way is when settling on venture obviously we should be exceptionally watchful and analyze the right, in any event observe first appraising from ICO in market or site, there is presently the straightforwardness we can see the alternatives for altcoin types that we need to contribute, a great deal of market crypto have diagram for 100 best positioning altcoin that has a future.
member
Activity: 504
Merit: 10
August 18, 2018, 12:08:19 AM
Based on what altcoin kind in erc20, but all of my token in erc20 have value but I have late to sell it because I am waiting until raised of price. always late for selling my coin and I dont know why I have waiting for selling my coin.
full member
Activity: 1382
Merit: 105
August 17, 2018, 11:59:29 PM
ERC20 token is trusted but should should aware from scammers and fake ICO because most of spammer are generating ERC20 token for scams.
full member
Activity: 1366
Merit: 107
SOL.BIOKRIPT.COM
August 17, 2018, 11:58:24 PM
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?
Not all erc20 projects are scam look at pundi X project they have working product now and i believe they will success in the future. I think before you buy any erc20 token why not to wait first for thier product to be launch. In this way you will avoid the turned to scam erc20 projects. But of course the price was higher compare to ICO price if you buy at this point that they have working product. But better to be sure than sorry.
member
Activity: 280
Merit: 10
August 17, 2018, 11:49:03 PM
not all ERC20 token are scam. but a few of them really do they work based ico project. lot people said ERC20 ico project just sale their token, after hardcap reached they stop their project. thats why ERC20 price not increasing.

Yes, not all ERC20 are good tokens. There are scams and are not serious about the project development. Some are just created to raised funds and once they get profit, the fled leaving the project and investors without clue. But there are also ERC20 token that is having a solid project like the top tokens from Ethereum platform. Ethereum platform is a good platform to raise funds but scammers are also flooding, I hope they can regulate it.
indeed not all erc20 tokens are good, because ico 80% is a scam,
so we have to be careful and choose good for investment
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