With ERC20, I really do not believe it.
I just took that wallet to get ICO investment tokens.
These are also pretty good reviews for it because it is an effective ICO development platform
Topic: Do you trust ERC20 tokens? - page 23. (Read 4714 times)
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?
Yes your right in some aspect but I think not all of ERC20 are scam only those idiot developers and its only few of them as you mentioned Credits is a great and promising project and it will be a big hit in the future.
Ofcourse not erc-20 token is easy to create and could be turn into scam and mostly scammer use erc-20 to scam people money.
Because one or some Erc20 tokens turned out to be scam is not reason to say all are scam. You should find out how to identify good projects, that should help.
Some Erc20 tokens eventually move to their own blockchain. But even if they don't, there are still good ones
Some Erc20 tokens eventually move to their own blockchain. But even if they don't, there are still good ones
I know about Some ERC20 tokens which have great prospects of growing in the future, so you need to check the projects you dig in your money because ERC20 could be created by anyone like us who just has the idea. That's why 99% of ICO scam claims to build their ecosystem on ERC platform.
Regardless I have confidence in ERC-20, Certainly every speculation has its own dangers not to mention encountering disappointment is a typical thing, yet the most ideal way is when settling on venture obviously we should be extremely watchful and look at the right, at any rate observe first appraising from ICO in market or site, there is currently the simplicity we can see the choices for altcoin types that we need to contribute, a ton of market crypto have diagram for 100 best positioning altcoin that has a future.
I really do not trust them. One of the reasons being that they are way too easy to make so now many people are making the coins and pushing them into the market with no idea of how they are going to sustain the coins. I think that there are a few out there that might be good but I do not trust the majority of erc-20 tokens, way too many scams
Not entirely. Majority of these ERC20 tokens are only but scams and this has been proven overtime. So most times when I get, I mostly sell, especially if I really do not believe in the token. Then if I have some faith in it, I sell only a part of it, and then leave the other part in my wallet in case it does well in the future.
A very strange question.
Some tokens are tokens of excellent ICO projects that have great prospects for growth and their capitalization at the moment is greater than that of many altcoins.
How can they not be trusted?
Some tokens are tokens of excellent ICO projects that have great prospects for growth and their capitalization at the moment is greater than that of many altcoins.
How can they not be trusted?
In most cases, the price of coins is the embodiment of project potential and value. So I believe the token is to believe that the project can get a good development.
It is difficult to say whether to trust or not, since usually it is necessary to study a particular project before choosing. Only after this you can proceed to trust. I now chose ico EOT. I trusted this project because it already has a finished product it's the game CryptoAlpaca. EOT is a protocol on the basis of which it will be possible to create games and learn how to create games. For me, EOT is an interesting project and I see a perspective in it.
Yes, there is nothing better than these tokens. Ethereum is the most famous platform for creating tokens. No project is ready to compete this platform.
ERC-20 is the most common marker because of this it has the most bench
Why not? EOS, Tron, they used to be ERC20tokens before, and they were more than great and they were pumped on december, i think that the entire market depends on coins, and if there aren't any of them, then it would be useless.
The problem is on the project, not on ERC-20. ERC 20, smart contract ETH as a means for the development of a new altcoin. There are many failed altcoins, but there are also many successful ERC 20 tokens. Well, it's good to analyze an ICO project before you decide to invest.
It is not depend if it is ERC20 or Waves or something else. Scams can be everywhere, even in the top of coinmarketcap. But i am agree that it is so easy to make your own token now, that soon every child will have his own token. My old airdrop ETH wallet now is like cemetery of dead tokens, but it is just the tip of the iceberg. We have a lot of masternodes coins which are not ERC20, but only newcomer will trust them. I think crypto need some period of cleaning from the scams to be much better.
I have already been told several times by the thought that there is no need to distrust markers. There is a need to be vigilant to those people who issue a token based on ERC220
I trust in serious projects which are creating tokens to use in their system! when countries will accept crypto they will use this tokens
This is not problem of ERC-20 tokens, that eBTC or eXRP were scams. First of all, before investing, you should make your own research of the project in which you would like to invest. There are a lot of cool projects with ERC-20 tokens. And as i know, the mosrt popular blockchain for starting new project is Ethereum, with ERC-20 standart. So i believe in ERC-20 tokens, but only at good projects. Do not tought scam please) And pay a lot of attention to your safety, while using MEW.
That's right, a lot of successful and honest projects that have been working for more than a day. Of course, there are a lot of scammers on the market, like everywhere else. Learn not to fall for them.
Nothing is wrong with ERC20 tokens. Just invest with caution and do your own research. Ethereum will improve its network and transactions will run smoother.
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