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Topic: Is there a fake coin? (Read 2805 times)

sr. member
Activity: 1414
Merit: 254
November 17, 2018, 05:53:52 PM
I think fake coins are those coins that has value and later on it will pop like a bubble. I would say they are scam rather than fake because money is involved.These coins are mostly HYIP schemes making you invest more for more profjts.
No. As there is fake token can be created on ethereum platform w/ creating new contract address and make same ticker, I thought the fake coins case also like this. Since they are fake, they can't be traded on exchange nor there is no buyer.
jr. member
Activity: 784
Merit: 6
November 17, 2018, 05:41:07 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
There are so many of them and some times is could to detect them, but the only way you can avoid them is to do meaningful research on them. Meaningful in the sense that, you do not do peripheral research and say you have done something, for example, by just scanning through and just looking into what the project has to offer, but that the team should be your first priority. Get information about them.
member
Activity: 196
Merit: 10
November 17, 2018, 05:06:01 PM
yes, indeed there are many fake coins or scam coins.
it is very difficult to distinguish a scam coin , because the scamer is very thorough and neat in making a coin scam. but to avoid  coins scam, you must be more observant and more seek information about these coins, for example if you want to take part in an ICO or bounty
full member
Activity: 616
Merit: 100
November 17, 2018, 05:01:26 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
theres no fake coin at all but theres a lot of scam and they use different coins to incourage people to make an investment through thier site. To avoid this do research first before dive on investment.
I agree, that there are no fake coins in crypto but scam coins, indeed there are many scams that use coins to attract investors to be deceived and believe in scam coins, we must be careful in choosing coins to be used as investments, analyzing all coins is the right way to avoid scam coins
member
Activity: 182
Merit: 10
November 17, 2018, 04:50:15 PM
There are plenty fake soins and this is another reason why you should analize this market and not investing only because you think they will bring a good profit to you
newbie
Activity: 180
Merit: 0
November 17, 2018, 04:43:10 PM
I bought some coins of a guy in the pub.. Didnt sleep for 3 days  Cool

Good times
full member
Activity: 854
Merit: 102
November 17, 2018, 04:41:12 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

You buy coins in a market exchange, don't buy coins in an unofficial exchange, you will get a fake coin. You can use coinmarketcap services to do official market checks. Thank.
newbie
Activity: 180
Merit: 0
November 17, 2018, 04:35:41 PM
I only invest in fake coins as they give great profit!
full member
Activity: 297
Merit: 101
November 17, 2018, 04:33:19 PM
If you do good research you do not buy fake money. The only solution is to think of all possible possibilities before trading crypto money. Prefer crypto-money exchanges that you trust. So you won't lose money.
member
Activity: 392
Merit: 10
EndChain - Complete Logistical Solution
November 16, 2018, 06:21:44 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

how to avoid buying fake coins is that you buy coins in a well-known or convincing exchange (at least already on the coinmarketcap list), or if you buy coins in decentralized trading (such as EtherDelta or ForkDelta), you can enter or see the smart contract of the coin to ensure that the coin is genuine and not fake.

for example, buying coins in decentralized trading :
smart contract from EOS : 0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0
you can check it in etherscan.io

then input the smart contract like this
https://etherdelta.com/#0x86fa049857e0209aa7d9e616f7eb3b3b78ecfdb0-ETH


member
Activity: 749
Merit: 13
November 16, 2018, 05:53:01 PM
Fake coin very so many at all even the real team could also make fake coins project. To avoid this, we requires a lot of analysis and also info from many forums. In 2018 was a year bad enough for crypto. Project scam more and more difficult to differentiate. May we always be careful.
full member
Activity: 429
Merit: 100
November 16, 2018, 05:46:32 PM
As a hunter i have lot of fake coin in my wallet..I have more than 50 shit or fake coin ,each time i open it i smile  then console myself .it took me a lot of time and energy to work for them in the end they will be no were to be found.
member
Activity: 312
Merit: 10
(。◕‿◕。)
November 16, 2018, 05:34:06 PM
I think fake coins are those coins that has value and later on it will pop like a bubble. I would say they are scam rather than fake because money is involved.These coins are mostly HYIP schemes making you invest more for more profjts.
member
Activity: 336
Merit: 10
November 16, 2018, 05:25:21 PM
I think that btc and ether are only coins that are worth investing in. To my mind, it is better to keep coins which are popular to know that they will bring you profit and expected success
full member
Activity: 484
Merit: 100
November 16, 2018, 05:19:25 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
No false coin exists in Cryptocurrency. There are no worthless coinshit, and there are always Altcoin losses for those who buy it. Be careful and stay away from these altcoins as it easily grows up quickly and then falls uncontrollably causing your money to evaporate.
member
Activity: 253
Merit: 10
November 16, 2018, 05:15:50 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?
theres no fake coin at all but theres a lot of scam and they use different coins to incourage people to make an investment through thier site. To avoid this do research first before dive on investment.
full member
Activity: 560
Merit: 109
November 16, 2018, 08:06:29 AM
There are fake Coins and even fake ICO and fake bounty campaigns, always check the address of the contract when you want to buy or sell your ERC20 tokens!
hero member
Activity: 896
Merit: 500
November 16, 2018, 08:02:12 AM
Currently counterfeit money exists in the market. There are even places to print counterfeit money and sell counterfeit money to the market. That happens because the laws of our country are not tight, loose management to bad guys practice. We must know how to distinguish between counterfeit money and real money, avoid being cheated.
hero member
Activity: 896
Merit: 500
November 16, 2018, 08:01:49 AM
Currently counterfeit money exists in the market. There are even places to print counterfeit money and sell counterfeit money to the market. That happens because the laws of our country are not tight, loose management to bad guys practice. We must know how to distinguish between counterfeit money and real money, avoid being cheated.
jr. member
Activity: 265
Merit: 1
November 16, 2018, 07:17:53 AM
There are scam projects especailly those without anything to offer.  They develop coins without any notable use and at the long run investors loose their funds . It's important you do good reserach before diving into any project
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