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Topic: Do you trust ERC20 tokens? - page 30. (Read 4714 times)

full member
Activity: 286
Merit: 100
June 27, 2018, 04:56:35 AM
Why not? If contract was made by professionals,then there is nothing to affraid of. ERC20 is best thing in crypto, many projects now can get into crypto world and develop their projects
member
Activity: 532
Merit: 29
June 27, 2018, 04:40:48 AM
The ERC-20 provides a standard against which all new digital currencies on the Ethereum blockchain are created.

This means that it is not a technology but rather a set of guidelines that facilitates the integration of multiple currencies into a single platform. Any new token created on the Ethereum network has no option but to conform to these rules so as to function on its platform. So i trust ethereum based tokens in cryptocurrency market.
newbie
Activity: 166
Merit: 0
June 27, 2018, 04:27:42 AM
ERC 20 tokens?
of course I really believe, I have gained the advantage in joining the bounty program based on ERC 20 tokens, and the transaction is very easy, I strongly believe
member
Activity: 845
Merit: 52
June 27, 2018, 04:12:28 AM
The problem certainly is not ERC20 tokens, the issue is with the developers. ERC20 helps to save the of stress from multi wallets. There are many ERC20 in the market that are doing fantastically well.
member
Activity: 204
Merit: 10
June 27, 2018, 04:22:24 AM
For me some ERC20 tokens can be trusted like aion the dev are serious about their project and yes some of ERC20 tokens can be scam they just make that token to rich quickly. If you want to buy the ERC20 token and hold for long just make a research first before you buy it.

Actually erc20 by etherium or not is not the matter but the project detail is the most important.
Example, although the project has mainnet but the project has no product and the team is scammer, is that good? Not. I think i also believe Erc20 token.
newbie
Activity: 144
Merit: 0
June 27, 2018, 04:16:45 AM
Have a little faith dude, there are a good project that really building a working product that could give a good impact in crypto industries. I have some of them and their value are increasing now.
newbie
Activity: 224
Merit: 0
June 27, 2018, 04:14:45 AM
Most of the coins i choose completely from Ethereum blockchain only, but i won't choose every coin of ERC20 because there are some coins which don't have any potential. By choosing those we might lose our money very fastly people start dumping the coin once we find any negative about the coin.
newbie
Activity: 93
Merit: 0
June 27, 2018, 04:01:40 AM
I do not trust projects Credits and Elixir, because few know about them. I trust more companies in which I work with the bounty program. I check this company for the presence of scam. Not all tokens ERC20 - scam.
member
Activity: 278
Merit: 10
June 26, 2018, 05:39:29 AM
We have to trust the Ethereum platform. It's the intentions and not the platform which is at fault.

The best is to choose ERC20 tokens, which have a good team and roadmap with progressive fundamental developments.
jr. member
Activity: 452
Merit: 7
June 26, 2018, 05:34:11 AM
fraud does not depend on ERC20, it depends on the project, choose ico wisely, look at partners and on the technology of the project.
newbie
Activity: 11
Merit: 0
June 24, 2018, 12:23:10 PM
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.
member
Activity: 364
Merit: 10
June 25, 2018, 08:31:27 AM
It can be trusted in the ERC20 token that the demand in the market is increasing steadily, as their value goes up, only a token gets more valuable and provides more benefits.
sr. member
Activity: 574
Merit: 260
June 25, 2018, 08:19:53 AM
Most of the tokens in my investment portfolio are ERC20 tokens. Among them there are very popular and reliable tokens. I do not consider these tokens worse than others.
hero member
Activity: 826
Merit: 523
June 25, 2018, 08:17:22 AM


To be honest, ERC20 has proved to be a fragile standard in some cases as the ERC20-based token may disappear entirely when the token starts to fall back. Besides, ERC20 standard enables any one to create any amount of tokens they want, and that is why there are many scams which make people have less trust in ERC20-based tokens.





member
Activity: 242
Merit: 10
CRYPTASSIST.io
June 25, 2018, 07:32:24 AM
Yes, there are really a lot of projects, and many of them are scammers who just want to deceive you. I trust I think this is a good project (CS)
newbie
Activity: 92
Merit: 0
June 25, 2018, 07:28:05 AM
For me some ERC20 tokens can be trusted like aion the dev are serious about their project and yes some of ERC20 tokens can be scam they just make that token to rich quickly. If you want to buy the ERC20 token and hold for long just make a research first before you buy it.
member
Activity: 224
Merit: 15
June 23, 2018, 02:56:40 PM
indeed, despite everything I trust erc20 tokens, not every one of them are trick, but rather the vast majority of erc20 token is being worked to trick individuals, they make a considerable measure of erc20 token without esteem. however, its doesnt imply that erc20 token are trick.
newbie
Activity: 41
Merit: 0
June 23, 2018, 02:54:07 PM
I still trust erc20 tokens. There are some valuable projects.
newbie
Activity: 28
Merit: 0
June 23, 2018, 02:09:15 PM
Of course, I trust ERC20 tokens. Why blame the platform for some shady project. It is like to blame the car manufacture for a crash made by a mad driver.
newbie
Activity: 185
Merit: 0
June 23, 2018, 10:05:27 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 think yes, they are fast and most popular right now. I don't recall any ICOs now a days that are not ERC20 tokens.
I've got some good ERC20 projects that you should checkout, Liven, Ubex, Sparkster and Edenchain.
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