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Topic: Greedy crypto developers - page 5. (Read 1237 times)

full member
Activity: 1638
Merit: 122
September 09, 2020, 08:13:50 AM
#83
That's exactly what greedy developers are looking for , gullible and naive investors.

it was like they are a perfect tandem  eh ? but its only sad because there are investors that arent clasified as that but they accidentaly fell on those trap . we are just a human and we cannot avoid all errors  .

Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.
greedy devs you mean ? not all investors were like that but good thing that there were still investors that are passionate to thier talent  . all they only want is to showcase it or to help without minding how much return they will get  .  devs creating defi projects does not mean that they are already greedy but who knows they are also curious and wants to test how it works  .
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
September 09, 2020, 07:57:07 AM
#82
Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

That's exactly what greedy developers are looking for , gullible and naive investors. Be very very thorough before investing a  project . Having said that not all projects who implement sefinare bad.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
September 09, 2020, 06:48:44 AM
#81
I would agree that even in the cryptocurrency ecosystem, greed is slowly creeping into the mind of the developers and that they always come up with ways to scam people. We had seen many projects are being created like crazy and that the investors are easily tricked at the same time with their antics. I would definitely tell people to be very careful when it comes to the checking if the project is legitimate and that we should be always be wary in checking their authenticity.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
September 09, 2020, 05:35:27 AM
#80
When these DeFi hype is running some people just buy anything that is called DeFi. They don't have time to do some research about the project that's why we saw a project like SUSHI, YAM, YAM V2 got investors. Now those peoples crying why those projects end up being a scam! Think before you act. I saw some non DeFi project is also shifting their project to DeFi.
Their mistakes are actually very small even though the effect is very large, namely "not having time to do research on the project" that's all the mistakes that cause harm to them, so this is certainly a very valuable lesson for everyone so that in the future they must always prioritize research in looking for profit.

Not having time to do research on the project is grave mistake and not small one, imagine buying stuff but you never check it out whether it's the real deal or fake but after you received the stuff and got the fake one you complain why it's fake. Everyone want the real deal which is profit and they should do some research to get that not just throwing around their money mindlessly. Though, I do not blame the investors because some people might just don't have time to do that or being blinded by greedines, all the blame should be on those scammers who created the scam project in the first place and trying every way to convince people into throwing their money on their project.
sr. member
Activity: 1680
Merit: 262
September 09, 2020, 02:15:44 AM
#79
In essence, investors need to be even more careful now. because without any investors, be it ico, Ieo, or DeFi, it will never go far if there are no funds. therefore, before starting the project, must go through a thorough analysis. in this case, the two parties are not to blame. investors, they sometimes don't know the end of developing the project. Meanwhile, for developers, sometimes they change their mind along the way, or maybe they want a bigger profit but in an incorrect way.
sr. member
Activity: 2324
Merit: 263
September 09, 2020, 02:06:27 AM
#78
When these DeFi hype is running some people just buy anything that is called DeFi. They don't have time to do some research about the project that's why we saw a project like SUSHI, YAM, YAM V2 got investors. Now those peoples crying why those projects end up being a scam! Think before you act. I saw some non DeFi project is also shifting their project to DeFi.
Their mistakes are actually very small even though the effect is very large, namely "not having time to do research on the project" that's all the mistakes that cause harm to them, so this is certainly a very valuable lesson for everyone so that in the future they must always prioritize research in looking for profit.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
September 09, 2020, 01:08:56 AM
#77
some were successful because the hype generated by current defi was very high.
however the recent few days have not been so good due to the downturn in market conditions, but will definitely still hype new projects and only in small numbers.actually this is a good opportunity to make a profit but you have to be careful because it can end at any time.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
September 09, 2020, 12:43:08 AM
#76
It is more about the need to WIN these days, than it is about the money. Every developer wants to be at the sharp end of innovation and currently Defi is the trending products. It will not for example help them if they are developing software for say Netscape Navigator (1995) ...when everyone is using Microsoft Edge or Chrome or Firefox.  Roll Eyes

It will also boost their CV, if they were involved with a project that was very successful, no matter how controversial it might be. They would have some kind of excuse why they were involved with the project at the time. (Saying that it was before they knew it was a scam)  Roll Eyes
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 09, 2020, 12:41:29 AM
#75
Projects turn to DEFI to keep up with trends and make people more interested in their projects. It is like a way out of the price decline. If they have the infrastructure to move to DEFI, they should.

They are riding with the market hypes as long as they can generate profits, they're never cared with anything but just to earned with investors money, moving to this platform is not nature to this developers they're just doing for the sake of profits.


Quote
Currently, many projects tend to shift to DEFI. That proves weakness in the project's concept and development. If they are good enough they will go to the end, fulfilling their goals.

That's right! If they've got a good concepts and real usages they'll stick to whatever platform that they'll originally being offered. This really helps to understand how the team are prepared to the competition around the market.
full member
Activity: 504
Merit: 102
CLEARSIGHT- THE #1 BLOCKCHAIN JOB PLATFORM
September 09, 2020, 12:27:02 AM
#74
Projects turn to DEFI to keep up with trends and make people more interested in their projects. It is like a way out of the price decline. If they have the infrastructure to move to DEFI, they should.
Currently, many projects tend to shift to DEFI. That proves weakness in the project's concept and development. If they are good enough they will go to the end, fulfilling their goals.
hero member
Activity: 1274
Merit: 500
September 08, 2020, 09:15:27 PM
#73
developers can easily abuse crypto concepts to take advantage of the gross. especially regarding DEFi, after seeing the hot spike in the price of the Defi coin made most developers revive their projects, implement the DEFI system and even developers create new projects using the concept of DEFI again.
DeFi is now an investment trend that many people believe and I'm sure many big projects will still attract a lot of big investors in the near future.

I believe with what's going on this is a good time for you to search for some cheap coins as I know a lot of good DeFi projects in the meantime. However, careful consideration is required as there will always be risks in these investments.
legendary
Activity: 3780
Merit: 1418
September 08, 2020, 03:39:45 PM
#72
Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

Its really simple, if people stop buying it developers will stop doing it.  With their being a somewhat gold rush in the defi projects people are moving towards that.  And then next craze you can be sure developers will be gearing towards that as well.
Meh. People are still buying it these days anyway. Just because this new trend becomes somewhat mainstream in crypto space, people think that scammers season are over now.
It's the investor's fault sometimes that feeds these scammers. That's why the cycle never ends.

I agree with you that was the point I was making.  As long as people are buying there will be developers that will be making them or converting over to whatever people are buying.  Greed fuels the crypto bs
newbie
Activity: 99
Merit: 0
September 08, 2020, 01:39:34 PM
#71
The more educated and wise the investors the better and more high quality the projects will be that exist.  Defi or not.
sr. member
Activity: 1610
Merit: 264
September 08, 2020, 12:02:14 PM
#70
Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

Its really simple, if people stop buying it developers will stop doing it.  With their being a somewhat gold rush in the defi projects people are moving towards that.  And then next craze you can be sure developers will be gearing towards that as well.
Meh. People are still buying it these days anyway. Just because this new trend becomes somewhat mainstream in crypto space, people think that scammers season are over now.
It's the investor's fault sometimes that feeds these scammers. That's why the cycle never ends.
sr. member
Activity: 1386
Merit: 250
1XBit.com
September 08, 2020, 01:37:49 PM
#70
developers can easily abuse crypto concepts to take advantage of the gross. especially regarding DEFi, after seeing the hot spike in the price of the Defi coin made most developers revive their projects, implement the DEFI system and even developers create new projects using the concept of DEFI again.
Now many old projects have failed to try again to revive their project with a new concept and use the DEFI system, but projects like that are very worthy to be aware of because this could be a cover for them to commit fraud because projects that has failed are of course, there were mistakes they had done in the past so that it discouraged investors from investing in this project.
I think we have to be careful in choosing a project for investment and don't be easily tempted by a defi project because it could be just a scam.
full member
Activity: 1210
Merit: 100
September 08, 2020, 12:05:23 PM
#69
developers can easily abuse crypto concepts to take advantage of the gross. especially regarding DEFi, after seeing the hot spike in the price of the Defi coin made most developers revive their projects, implement the DEFI system and even developers create new projects using the concept of DEFI again.
legendary
Activity: 3780
Merit: 1418
September 08, 2020, 11:41:12 AM
#68
Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.

Its really simple, if people stop buying it developers will stop doing it.  With their being a somewhat gold rush in the defi projects people are moving towards that.  And then next craze you can be sure developers will be gearing towards that as well.
newbie
Activity: 99
Merit: 0
September 08, 2020, 11:35:46 AM
#67
If DeFi really is an amazing new technology and the way of the future than projects that can be switched should be switched?  The money from investment is not just a plus but also indicative of where the future is.

The market can be used as a compass to point developers in the right direction.  A compass is very valuable in the wilderness of crypto.
sr. member
Activity: 2828
Merit: 344
win lambo...
September 06, 2020, 05:55:05 PM
#66
Developers should stop taking investors as fools, you cooked your project up to your taste and everything seem fine enough but because you are too greedy and can't take your eye off DeFi success you decide to switch your project to DeFi. Seriously are investors stupid enough to go along with your obvious trick? To all developers who are doing this, it's a complete slap to your faces, you guys should be ashamed of yourselves.
It was sad but unfortunately, people keep believing that they can still make money out of them. I know that not all have of the same intentions but knowing that only a few of them give what the investors must have to expect with and being consistent with what they have promised, it makes us be careful in choosing the project for investment.

The most disgusting thing to see now is that many exchanges tried to manipulate the market volume in order to attract investors. This will emphasize that money is important for them than reputation, and this actually ruining crypto in general.
member
Activity: 687
Merit: 11
September 06, 2020, 05:51:10 PM
#65
Most of all these developers are in only for the money, they will do anything just to make sure they bag as much money as possible. I think this is the best time for investors to keep their eyes wide open and stop investing in scam projects.
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