I realy do not trust ERC20 Token but that do not mean all are scam. Thier is alot out thier drive thier projects to success.
But before you enter and join any project you need to do alot of search.
Topic: Do you trust ERC20 tokens? - page 2. (Read 4734 times)
Why not? ERC20 standard tokens based on the Ethereum blockchain are quite reliable, transparent and safe. Give at least one reason why they should not be trusted?
I think trust should be base on the project not the type of token or coin. Be it erc20 token or other, or even a project with its own blockchain can turn to scam. The concept of trust is about a project not the type of token or coin it is.
ERC20 can't last much longer
the developer must prepare his personal blockchain to be able to compete with the top 100 coins
although there are some ERC2- like CS which are able to attract investors' confidence in running their projects, then I also save CS (Credits), although only a few and hope ERC20 can be more competitive with other coins
the developer must prepare his personal blockchain to be able to compete with the top 100 coins
although there are some ERC2- like CS which are able to attract investors' confidence in running their projects, then I also save CS (Credits), although only a few and hope ERC20 can be more competitive with other coins
I don't think it depends on whether the token is erc20 or not. I think it all depends on the reason or purpose on why the token is created in the first place. Whatever the token is made of, if the creator's purpose is to scam people, it will be a scam but if not and it is made out of real purpose then it might end up successful.
You're right. ERC20 is just a technical standard for smart contracts of Ethereum. It should have functions like Transfer(), Approval(), etc. You can trust ERC20, because this technology is based on secure cryptography ECDSA.
Each investor must pay attention to the project team before buying the ERC20-tokens they emitted. This is necessary in the ICO industry to prevent outright scams.
There are several ERC20 tokens that are doing just well, I have some that are yet to be noticed so their prices are currently down, I trust some and some I don't really trust.
I always believe that erc20 token has a pretty good investment value like bitcoin or altcoin. but yes, it won't be as high as bitcoin or altcoin, because the growth of the erc20 token is not too significant even if held in the long term.
Surely i cant trust erc20 tokens. there is no need to feel scam issues about erc20 itself. surely some icos can be scam which is trying to create their tokens. but that is related about the project. you need to choose project firstly. i dont believe credits is scam. i believe credits .
i hope we will see huge news in the future.
actually you can fully trust erc20 smart contract itself because it's under etheruem blockchain which is proven to be legit but whether the coin will have value or not it's all depend to the project developer.i hope we will see huge news in the future.
there's the legit ones and scam ones too so it's up to you to decide which is legit or not
I don't think it depends on whether the token is erc20 or not. I think it all depends on the reason or purpose on why the token is created in the first place. Whatever the token is made of, if the creator's purpose is to scam people, it will be a scam but if not and it is made out of real purpose then it might end up successful.
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?
its the risks that i must take to gain profit, but before i invest i research if their product would be feasible and also if their project team is legit or not. Do you trust them?
I no doubt trust ERC-20. This is a very interesting experience and earnings for users. It happens that some projects deceive us not because they are ERC20 tags, but because of their fraudulent intentions.
Not only projects of a marker ERC20 can be roguish. I think it does not depend on a marker. Just at the choice pay attention to the team of developers, its road map, white paper and to partners.
I still believe with ERC20 tokens with the advantages that make us easy and simple in storing and transactions.
There are still many who use and maintain this token, and certainly, this advantage provides good benefits for all.
There are still many who use and maintain this token, and certainly, this advantage provides good benefits for all.
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?
I trust ERC 20 tokens very well. In fact as you can see, most of the new token projects been created especially in this year are all ERC20 tokens. Do you trust 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?
Do you trust them?
Despite the many scam projects that have been growing in the crypto industry right now, the erc20 blockchain is still the top choice platform to exchange tokens. You just have to be very vigilant in researching the information about the project you want to invest.
ETH tokens are relatively weak due to the lack of Ethereal Gas regulations, ETH has a good developer community, trading volume is much larger than ERC-20 tokens. The coin diggers will basically need to recalculate the profit involved in digging the ERC-20 token and see if they should dig any kind of tokens. For the tokens have not proven their worth, the opportunity cost is too great.
Well, you can really say all erc20 tokens are a scam, that would just be silly.
You also can't say you can trust them all either.
It really depends on the individual company.
The biggest thing to look for is the product itself.
If there is no testable product, like an app, a beta, or a mainet release, then just don't bother.
If a company claims they have an MVP, then pass.
An MVP means nothing, in fact, just a website could be considered an MVP.
So you basically go try it out your self and then seek other people's opinion about the product.
If it's something you don't understand well, like the technical aspects of a smart contract platform like Credits.
Then jump on their Github and ask techie people there.
You also can't say you can trust them all either.
It really depends on the individual company.
The biggest thing to look for is the product itself.
If there is no testable product, like an app, a beta, or a mainet release, then just don't bother.
If a company claims they have an MVP, then pass.
An MVP means nothing, in fact, just a website could be considered an MVP.
So you basically go try it out your self and then seek other people's opinion about the product.
If it's something you don't understand well, like the technical aspects of a smart contract platform like Credits.
Then jump on their Github and ask techie people there.
I trust the ERC-20 Blockchain Ethereum. Of course lots of projects use it because it is the trustworthy one. But do I trust to all the tokens based on the ERC-20? Well, you know lots of tokens and their future depends on the work of the team, the promoters and how successfully the product will be implemented into the real life. Lots of projects try to develop the token and product, but a big amount of do nothing because of different reasons...
When people invested in shares and then believed that the stock would jump in price. This first worked. Then many lost their means. The tokens are the same. They can receive profit and loss Currently many ERC20 purse has been hacked. I have not determined how they penetrated and hijacked our private key, but my friend was hacked and robbed of all the tokens in the wallet. so be careful.
But after all, a lot of hacking was hacked so I think that there are no such systems that would guarantee 100% full security, do not think that there are other projects that can replace something.
Yes, I trust ERC20 tokens. Whether it is scam or not depends on its project. Be it a token or coin, you have to research properly before investing in the project to prevent falling for scam.
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