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Topic: Is there a fake coin? - page 10. (Read 2805 times)

newbie
Activity: 251
Merit: 0
September 04, 2018, 04:41:20 PM
What do you mean exactly when you say a fake coin? do you mean scam coins? then yes, there are a host of them. this coins mean no good, and they were  in the first place created fpr selfish reasons. only a few were birthed from a place of good intentions, and didn't just succeed cos of certain limitations or some unforseen circumstances.
newbie
Activity: 196
Merit: 0
September 03, 2018, 03:49:33 AM
Definitely, there is fake, shitty coins and how do you know you have them in your wallet? Any coin that stays in your wallet longer than expected and no sign it's gonna be listed soon is a shit coin.
newbie
Activity: 168
Merit: 0
September 03, 2018, 03:46:50 AM
There are a lot of fake COINS and COINS, but not all items have value and real products.

I think it's reasonable to do some research on the project before buying this crypto, which is enough to avoid counterfeits.
sr. member
Activity: 630
Merit: 250
September 03, 2018, 03:45:28 AM
the fake coin is perhaps less understood. If the coin has no value or junk coins then that much and not even be a secret any more it is and even circulating. to avoid that then just look at the team and the developer behind the coin. If it doesn't exist or doesn't look good then do not take or avoid.
member
Activity: 146
Merit: 10
September 03, 2018, 12:59:41 AM
You have to be careful buying old forked coins as well.  I saw someone trying a scam doing this.  You really have to be careful out there as there seems to be a scammer behind every corner. 
newbie
Activity: 210
Merit: 0
September 03, 2018, 12:57:55 AM
if the form Coin might be rare if the coin is fake, but if the token is a lot of fake ones.
let alone ERC20 tokens from Ethereum network, if their ICO is not successful then the token becomes fake and cannot be traded.
newbie
Activity: 168
Merit: 0
August 29, 2018, 05:15:30 PM
There are lots of fake coins outside there it takes a lot of patience, research and analysis to know them. They keep telling you to send certain amount of etheruem so that you earned, x10 ó the tokens, most of them are scam they just want to steal your tokens and the remaining few that suppose to motivate them or give them courage, yet they give them peanut.
sr. member
Activity: 1484
Merit: 253
August 29, 2018, 05:07:50 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.
Obviously here in the world of crypto currency there are a lot of fake coins as they try to scam and convince those users to invest there fake coins. At first place it looks like a legit coin but somehow as time goes by they just divert the mindset of those users who invested and in the end they just suddenly disappeared and vanished through telegram and any other communications that may involved. I hope we must be vigilant and observant to avoid those fake coins here in the crypto currency community.
full member
Activity: 518
Merit: 111
Dota2
August 17, 2018, 09:09:51 PM
Is there any report about the exact percentage of those shit and legit coins around the crypto market, or even some list of ghost and useless token in the history of crypto currency? If yes, can anyone here can provide link to visit with. Thanks in advance!
newbie
Activity: 66
Merit: 0
August 17, 2018, 09:06:31 PM
Yes of course, there are many scam coins out there. An example is Monero Gold that manipulated the total supply of its token
 earlier this year, many lose huge amount of money on the project as a result of massive dump within a short period of time. One can get to know about the scam coins by carrying out thorough research on projects and finalize which is good and which is not.
member
Activity: 199
Merit: 10
August 17, 2018, 08:50:55 PM
You have to good research about the projects that you're going to invest in. Because there are many scamcoins everywhere in crypto market. Fake as in scams. You can see their website, whitepaper.
member
Activity: 125
Merit: 19
August 17, 2018, 08:35:05 PM
there are a lot and we can cunt them you have to check the whitepaper and if the project is real and you should know about there team momber than you know if its fake or not
member
Activity: 191
Merit: 10
August 17, 2018, 08:33:39 PM
When you buy coins, look to see where the person is sending the coin from. If it's Chinese or Hong Kong, don't bid! No matter how attractive the coin looks, no matter how big the deal you think, no matter how good the sales promotion is, don't buy coins from Chinese or Hong Kong sellers.
newbie
Activity: 113
Merit: 0
August 17, 2018, 08:21:08 PM
With all the ICO boom it was almost assured that a lot of fake coins or scams would appear soon or later, after all, there is money involved so we have to be even more careful now that the market is down.
full member
Activity: 730
Merit: 102
Trphy.io
August 17, 2018, 07:42:59 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

There are coins that are pump and dumps. No real project backing behind, only empty promises to keep  the price up and then those holders will dump on the fomoers, and possibly will do exit scam. So be careful when buying alts, right now there's a lot of coins made everyday through airdrop, ICO.
full member
Activity: 672
Merit: 100
August 17, 2018, 03:55:14 PM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

Yes, there are lot of fake coins in the crypto market. In order to avoid buying fake coins then you must do your research very well before you invest in any coin.
full member
Activity: 822
Merit: 100
August 17, 2018, 03:39:15 PM
Fake coin are popular on decentralized exchanges, it is risk to buy tokens on dex exchange, some guys do buy ethereum contract after that, it will be listed on dex and some noobs actually do buy fake tokens because they do not know.
newbie
Activity: 52
Merit: 0
August 17, 2018, 03:28:34 PM
This is probably before you buy altcoins, analyze them based on the coin concept, its team as well as the community. It is very important to first understand what you will be investing in altcoin, especially a coin from some IOS.
newbie
Activity: 37
Merit: 0
August 17, 2018, 03:23:45 PM
Indeed, and what number of I know a ton of them, for instance, there are coins that are available, yet have lost the cost, in spite of the fact that they are not cleaned.
hero member
Activity: 896
Merit: 504
August 17, 2018, 04:34:16 AM
I just saw this somewhere on the internet. Are there any fake coins existing? How do you avoid buying fake coins?

I just try to wonder what is fake coin. Fake coin it is the coin which does not based on the blockchain,  but I'm not sure that it is active now,  because it is not problem to create real coin for scam purposes.
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