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Topic: Do you trust ERC20 tokens? - page 40. (Read 4714 times)

jr. member
Activity: 130
Merit: 1
WayMaker Miracle Worker
May 06, 2018, 03:41:10 PM
i trust ERC20 tokens they are real, according to your explanations is just the project/website that is fake not  ERC20 tokens ok
full member
Activity: 1358
Merit: 100
May 06, 2018, 08:46:43 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.
sr. member
Activity: 702
Merit: 255
May 06, 2018, 08:21:12 AM
Scammers this or a good project does not depend on what it is tokens.
There are also ordinary coins scammers. In 20145-2015 there were no tokens yet, but every day new coins appeared on different algorithms, only to be able to blame and quickly sell on the exchange.
First of all, you should not look at the coin / token itself, but on the developers. If the developers have proven themselves, they are active, they have the knowledge and skills and idea, then perhaps this project will be successful. But the probability of scammers is much higher ... and it will always be so.
full member
Activity: 1064
Merit: 102
May 06, 2018, 05:33:49 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?
To reasonable large extent i think you are very right but at the same time not all ERC20 tokens are scam. I have seen some projects with good devs that are willing to make their tokens to become a success.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
May 06, 2018, 05:31:43 AM
Last one and half year many ICO comes with the idea but the end of the day they all are a scam. I agree with that.but that doesn't mean all icos are a scam. There is many ICO they come with a good idea and a good product. And they work well. Every coin has 2 sides you have to choose the right one that's it. You have to careful about them you have to learn how to choose a right ico. And it's not about erc20, It can be anywhere. You think its erc20 cause most of the ico coming with errc20 that's it and also its easy to create and erc 20 tokens. And credits is good they are well performed these days. So choose the right one. Be careful. Thank you.
full member
Activity: 290
Merit: 100
May 06, 2018, 05:17:37 AM
yes i believe in erc20 because last month i get a successfuly exchange coin. so until now i still believe in erc20.
sr. member
Activity: 938
Merit: 250
May 06, 2018, 05:14:03 AM
Believe. but I see statistics from the token I hold. not much price increase by using ethereum platform. almost all under ico. very poorly behind the many beliefs of people
newbie
Activity: 75
Merit: 0
May 06, 2018, 05:12:50 AM
It is hard to really determine which coins are scams. Not unless if many will be complaining on them. It really doesn't matter for me what coins are there because anybody could just do scams as a way to get easy money. The best way to invest would be to enter exchanges of known profiles and is trusted by many. Don't get too much attracted by ICOs. Some are good but failed in the end due to market crisis as a result they are branded as scams.
full member
Activity: 518
Merit: 101
May 06, 2018, 05:09:49 AM
why not? it's has low fee but if scammed that your risk. now we all know that characteristic scam project after that
member
Activity: 327
Merit: 15
May 06, 2018, 05:05:12 AM
before buying a token, as good as we have to be careful not to lose, we see first what their project, because token erc20 now there is also a fraud, have a project, but not at all, it would be good we have to explore more deeply, so we do not deceived
jr. member
Activity: 252
Merit: 5
May 06, 2018, 05:04:23 AM
Well, a good tool for ICO.
Reliable as much as the network itself of the Etherium.
And if the question was about the reliability of the projects, then this is venture investment, the risks are huge!
full member
Activity: 954
Merit: 104
ludenaprotocol.io
May 06, 2018, 05:00:51 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?
There is not any problem with ERC-20, but it seems more trsutworthy, when they have their own blockchain.
legendary
Activity: 1526
Merit: 1001
May 06, 2018, 04:59:52 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?
Not all tokens owned by the project can be trusted and not all tokens are also scam. So the decisive is how we choose a good project, a good reputation makes a project more reliable. Good analysis becomes the determinant of how we decide the best decisions. If faced with a project then I will spend enough time in doing data processing and see the possibility of success that will happen.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
May 06, 2018, 04:58:52 AM
Yes I trust this, many used erc20 token as their token to run their project. Cause it is easy to create this via smart contract but no wonder many became scams since they can make a realistic marketing stunts via social media to advertise their project but only those who are not checking properly being scammed.

But as far erc 20 token system goes I still prefer this because it was really a big leap on blockchain and cryptocurrency development. It just more people are greedy to used this amazing innovation into malicious frauds.

Its up to you, how you choose a good deals on certain project with erc20 type of token. Just be careful but all in all, erc20 token is one of the best idea ever created. See the massive adoption of this? I bet there will be more advance like erc223 but not clear yet of its function but will wait for someone to improve it.
sr. member
Activity: 812
Merit: 256
May 06, 2018, 04:59:48 AM
I dont think we need trust or not to trust ERC20 tokens but tlak about projects behind them so talk about projects which tokens are they ,there are good and bad projects.
sr. member
Activity: 638
Merit: 300
May 06, 2018, 04:52:53 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?

 yes I do, but I think some were abusers who created erc20 but don't have a plan to be listed on exchanges so it is useless but those who are already in big exchanges I do trust them.  it is not also about erc20 tokens but is is all about scammers that cannot be trusted so.we must also be observant so that we will not get scammed.
member
Activity: 462
Merit: 11
May 06, 2018, 04:52:43 AM
Yes i believe it, because many different ERC20 token also the price given huge profit like POWR, EOS, OMG, TRX, and more. The project will success or fail depend on the team founder and technical fundamental of the project. When make invest in any coin or token we should understanding what the aim of the project and team founder should consist of professional and solid person.
hero member
Activity: 966
Merit: 501
May 06, 2018, 04:47:08 AM
I think in the near future more than 80% ERC-20 tokens and companies will not realized. Many projects will collapse, and the best will receive huge growth in price
sr. member
Activity: 434
Merit: 250
Free Crypto in Stake.com Telegram t.me/StakeCasino
May 06, 2018, 04:45:01 AM
Well I believe there is no reason why not trust a ERC20 tokens , there was a lot of ERC20 tokens revolving around the market that are legitimate and shows significance on their respective platform , it is just that it was easy to create an erc20 token that was being used to create a scam projects , so my advice to everyone is to choose your token wisely.
full member
Activity: 532
Merit: 100
May 06, 2018, 04:37:49 AM
erc20 wallets are trustworthy what you cannot trust are scam tokens. scammer this days are more knowledgeable and they will do anything to scam others. people in this forum always reminds us to research first to avoid being scammed. 
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