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Topic: Do you trust ERC20 tokens? - page 29. (Read 4734 times)

newbie
Activity: 47
Merit: 0
July 01, 2018, 01:44:10 AM
Yes I believe the ICO after I read their whitepaper, there I found their plans, their team members, roadmap and so on, besides I also see reviews according to others, such as the size of their rating. it can all be observed from ICO BENCH and so forth.
member
Activity: 252
Merit: 10
June 30, 2018, 09:10:30 AM
of course, it is very difficult to determine immediately what the coin is. I am very skeptical about various tokens, but still some have a good history and are credible. I am not an expert and I have little experience, so I try to analyze and collect information about coins as much as possible. but not all scammers.
newbie
Activity: 73
Merit: 0
June 30, 2018, 07:04:50 AM
The reason for the fraud of many ICO companies is not at all in ERC20 markers. In themselves ERC20 tokens do not represent anything bad.
full member
Activity: 434
Merit: 100
June 30, 2018, 07:01:00 AM
Whether a project is scam does not depend on whether it is an ERC20 token, many masternode coins are not ERC20 tokens, but they are almost always scams.

Yeah, because every token has different ICO and projects, that's why it is not about they are the same ERC20 token.  It is like a human with different personality, yes they are a human and some are scammers and some are not so it is like the token, it is about the developer on how they do their job to have a successful token.
member
Activity: 210
Merit: 10
June 30, 2018, 06:55:41 AM
Don't lose your belief just because 1 or some scam coins. There are many other potential coins that you can invest and earn profit from them.
newbie
Activity: 54
Merit: 0
June 30, 2018, 06:53:53 AM
I have yet to see an ERC20 token with actual use case. Most are just ICO tokens that immediately gets dumped once it is listed in exchanges and others are used to scam people. Better to trust coins with its own mainnet or has an actual product.
member
Activity: 714
Merit: 11
BountyMarketCap
June 29, 2018, 08:02:24 PM
I also don't know the current situation. token distribution and list processing on exchange is very long for almost all tokens in ERC20. some say because this is the result of the number of ico and the number of tokens in the exchanger that make the process long. sometimes I'm tired too, but I must always believe, because I live from this.
newbie
Activity: 224
Merit: 0
June 29, 2018, 08:00:09 PM
There are too many tokens now, but not all of them are frauds, and they really want to have their own projects and tokens, which can really form a propaganda or legal relationship between communities. We'd better be careful.
newbie
Activity: 66
Merit: 0
June 29, 2018, 07:54:43 PM
I must mention that not every ERC20 token is a scam, there's alot of great projects with great goals and they are already doing well in terms of volume and trust!
I remember that eBTC, i earned some fiat trading it and got the airdrop too, but, i really don't trust this type of tokens.
member
Activity: 182
Merit: 10
Open and Transparent Science Powered By Blockchain
June 29, 2018, 05:29:49 AM
First, the ERC20 token has no problems.
However, many of the current ERC20 tokens are just for hype or just to raise money.
newbie
Activity: 98
Merit: 0
June 29, 2018, 05:27:50 AM
Yeah, Sonder is ERC20 token and i believe in Sonder
jr. member
Activity: 238
Merit: 1
June 29, 2018, 05:09:27 AM
for me, erc20 coins are easy and simple coins for a transaction. Yes, I agree that many scammers projects based on ERC20 as it is easy enough to create a token, but scammers not only use ERC20.
newbie
Activity: 294
Merit: 0
June 29, 2018, 03:55:04 AM
So far my belief in ERC20 is still safely maintained until now I still use it for transactions in various ICO. ERC20, in my opinion, is a wallet that can be trusted to keep our personal data in the wallet and can keep the assets in it. I hope the ER20 can be improved in quality so it will not be easy for other wallets to beat or replace them, and can continue to be used in the future.
member
Activity: 406
Merit: 10
June 29, 2018, 03:51:55 AM
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 genuinely trust erc20 tokens that are supported by myetherwallet because most of the altcoins out there were erc20. Its very easy and convenient to use by more than those involved in trading in cryptocurrencies.
newbie
Activity: 28
Merit: 0
June 29, 2018, 03:38:03 AM
I disagree that all the tokens issued on ERC20 are scam. I found one good project - Cryptics, which does use ERC20. It doesn't look like scam. They have the MVP which used a lot of people for trading and the other proofs of their fairness

Recent time I often hear about this Cryptics. I think this planform worth attention if people so often write about it. Gonna check up their website.
newbie
Activity: 86
Merit: 0
June 29, 2018, 01:17:13 AM
The cost of the Erc20 token is very low, and of course there are some valuable projects, such as the very popular EOS, which is also used as a token, but it is soon to be replaced.
newbie
Activity: 84
Merit: 0
June 28, 2018, 01:31:10 AM
Yes, I actually trust ERC20 tokens even if there were some tokens that didnot have any value. One thing also, these shit scammers using ERC20 is the one reason why the credibility of ERC20 is being questioned by some.
member
Activity: 154
Merit: 30
June 27, 2018, 04:14:48 AM
I believe that ERC 20 tokens are a Scam. Such tokens are used on platforms. So you can make a copy of it and sell it. Keep track of the statistics and will not get caught
full member
Activity: 1554
Merit: 101
June 27, 2018, 04:03:51 AM
it does not matter about its platform, even waves and others if it is token token is nothing, unless they intend to create a real project behind it.
so why with erc20? it's like you've been cheated and hated erc20.
hero member
Activity: 994
Merit: 500
June 27, 2018, 03:57:52 AM
For me ERC-20 tokens are easy to use and that is why we see a lot of ICO ERC-20 tokens, but they can anytime switch to their own blockchain, like EOS or Tron.
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