Is there a token on Bsc that isn' t a scam?

Alanaz

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Quote from: fvb on December 20, 2021, 10:14:52 AM

Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

Cool question. Blockchain is not to blame. It's just that all the convenient functions for creating a token are provided there. There are enough scammers everywhere and they appear in different areas of business. A large number of promising projects have been created at BSC.

this is based on the ease of making tokens there because the price offered is very easy in gas so everyone can certainly do it there.
this is an advantage for the scammers to carry out the action.
On the other hand, this convenience should actually be used in order to make something more useful, but what happened was the opposite. but really can't be blamed because everyone is not always good

jqprez

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Quote from: LUCKMCFLY on December 26, 2021, 03:14:51 PM

Quote from: HashingTower on December 20, 2021, 02:18:28 AM

There are over 100s of BSC projects that are more than just a mere crypto project, BSC is just the smart contract they run on so it doesn't make them scam or pumped and dump project, because of high gas fee on ETH I stay away from any Erc20 smart contract projects this year, all projects I invested in are BSC chain projects

Yes, I have also stayed somewhat away from the entire ERC-20 project, but I have a cousin who told me that there are some telegram groups that buy ETH and can make transactions with each other on the ETH network and they are not expensive, that is, the network makes it cheap and according to him the fees are no longer as expensive as before.

The truth is that the NFT game projects have become high risk projects for me, because any dev can make a big dump and kill the game, they leave and leave everything lying around and with losses for those who invest, I see that trading is safe. , and on platforms like Binance that offer security at all levels.

Do you think nft are on the same path as tokens on various defi?

LUCKMCFLY

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Quote from: HashingTower on December 20, 2021, 02:18:28 AM

There are over 100s of BSC projects that are more than just a mere crypto project, BSC is just the smart contract they run on so it doesn't make them scam or pumped and dump project, because of high gas fee on ETH I stay away from any Erc20 smart contract projects this year, all projects I invested in are BSC chain projects

Yes, I have also stayed somewhat away from the entire ERC-20 project, but I have a cousin who told me that there are some telegram groups that buy ETH and can make transactions with each other on the ETH network and they are not expensive, that is, the network makes it cheap and according to him the fees are no longer as expensive as before.

The truth is that the NFT game projects have become high risk projects for me, because any dev can make a big dump and kill the game, they leave and leave everything lying around and with losses for those who invest, I see that trading is safe. , and on platforms like Binance that offer security at all levels.

jqprez

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I think I can coin a new term: shittoken. And almost all the tokens on binance smart chain are.

tvplus006

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Quote from: fvb on December 20, 2021, 10:14:52 AM

Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

Cool question. Blockchain is not to blame. It's just that all the convenient functions for creating a token are provided there. There are enough scammers everywhere and they appear in different areas of business. A large number of promising projects have been created at BSC.

It is economically advantageous for scammers to use such blockchains in which the transaction cost is low, since this may be due to a huge number of transactions for sending scam coins. Therefore, we see such a large number of scam coins in the BSC, Matic, Solan blockchains and are practically absent in the Ethereum network, where the transaction cost is very high.

irsykes

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

There are hundred tokens, or maybe thousands, i think it is better to stop look for new tokens and start to look at token which already listed in bigger exchange. Like in binance, i think there are some tokens which worth to see, about bull trap nobody know but at least not pump and dead coin.

Jaered

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Well, its BSC for you. What do you expect from a dirt cheap transaction fee? And to make matters worse, fake airdrops, exit scams, honeypots and rugpulls are the order of the day there. We should expect some more since crypto is largely unregulated, and nobody can do much about it

Ngewex Yuk

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Quote from: fvb on December 20, 2021, 10:14:52 AM

Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

Cool question. Blockchain is not to blame. It's just that all the convenient functions for creating a token are provided there. There are enough scammers everywhere and they appear in different areas of business. A large number of promising projects have been created at BSC.

The ease of making tokens in BSC makes it easy for anyone to make it, scammers know that the easiest way to cheat and make big profits is to create a scam project, be wary of things like this it's better to invest in projects that already have a great reputation.

fvb

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

Cool question. Blockchain is not to blame. It's just that all the convenient functions for creating a token are provided there. There are enough scammers everywhere and they appear in different areas of business. A large number of promising projects have been created at BSC.

jqprez

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it's amazing how legendary comments can be read saying they are not scams but no one gives an example.

worle1bm

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

The main thing is there are some at this time that doesn't sound like pump and dump or running good in the market but who knows until when? The next day a scam could be busted that will come into picture to the holders and they loose the funds.Nothing is guaranteed in this crypto market especially these tokens and you can't tell which is good and bad so take your own risk.

HashingTower

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There are over 100s of BSC projects that are more than just a mere crypto project, BSC is just the smart contract they run on so it doesn't make them scam or pumped and dump project, because of high gas fee on ETH I stay away from any Erc20 smart contract projects this year, all projects I invested in are BSC chain projects

shinratensei_

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There are bunch tokens that were not only bulltrap. They have been pumping based on the fundamental value of the project. The question is why do generalize all of tokens on BSC chain as bull trap tokens? This is a wrong thing and by the way, you can take a look at so many legit tokens that exist in BSC chain. It's not fair to judge the whole of BSC assets being bull trap tokens. It seems like that you're only watching the shit token. That's why you're taking a conclusion like that where you were always seeing the price of tokens gets jumped a lot then it goes to the bottom again in a short time. You will never see that in legit tokens that build in the BSC chain. There are lots of these tokens are placed at the top 100 or 200 of CMC. You must need to change your perspective about that.

evichi

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The Binance Smart Chain (BSC) network came as a relief to the Ethereum network that the gas fees are now very high. Many projects are now making the effort to have their project in BSC. Even already existing tokens formerly on Ethereum network, work towards having the token with the same name, but with BSC network due to cheaper transaction fees. Unfortunately, on the other hand, scammers are also sizing the opportunity to scam people because it is easy and cheap to make your own token.

In view of this development, it has become very important that investors have to carry out detailed research to check the viability of the investment. Obviously, not all BSC tokens are scam. Though, I cannot measure the percentage, however, I think there are more fake BSC tokens compared to the genuine ones. It is really very important that investors have to research thoroughly before committing their hard earned money to an investment in the crypto space. The team behind the project should be researched, etc. With proper precaution; you can get a genuine BSC token to invest in.

jqprez

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Quote from: marilynmanson21 on December 19, 2021, 11:29:33 AM

Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

50:50 (scam : real), but from my eyes, there are too many projects that only play hype and fomo, after the fomo disappears the coin value also disappears. i think you know, what i mean abaout coin on bsc

i think it is so optimistic.
Let's see what a scam means: if the token reaches a stratospheric maximum in a day or even in a month and then loses 60/95% it is a scam. See ryoshitoken for example. Why don't we give a couple of examples of tokens that are continuing to rise or remain more or less stable?

Jackl87

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

Of course there are also a lot of token that are running on the BSC-chain that are not a scam. I think that most big and successful projects nowadays are live on at least 2 chains for example ETH and BSC or Polygon and BSC just take for example USDC or USDT, those are definitely not scam tokens (well no one knows if every USDT is still backed by a real USD but that another topic). What is true of course is that fact that the token generation on the BSC chain is just much cheaper than on ETH for example, therefore all those useless meme-coins or sh*t-coins are most of the time created on the BSC chain, but that is not really the fault of BSC itself.

marilynmanson21

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

50:50 (scam : real), but from my eyes, there are too many projects that only play hype and fomo, after the fomo disappears the coin value also disappears. i think you know, what i mean abaout coin on bsc

MFahad

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

Most of shitcoin under Bsc network are scams. Its not only with Bsc but Solona,Eth also have scams project. Before investing we must check their smart contract verification,their Team. We must check their liquidity lock period. Always invest in these coins which are listed in big exchange or at least two years liquidity locked in Dex.

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Quote from: Bollexz1 on December 10, 2021, 05:35:27 AM

No way. I mean that can't be possible. There always shall be a scam tokens and not only on bsc but every other networks. One just have to be extra careful and resourceful in choosing.

What you say is very true and has also been proven in several networks so users of any network must remain careful and must also remain wise in dealing with all tokens that enter by themselves without joining anything.

Henrobakkara

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Quote from: jqprez on November 10, 2021, 12:29:50 PM

My question is: is there some token on bsc that isn' t pumped for bull trap?

I believe this relates to most if not all of the crypto networks/chains. All of the dead projects I have in my wallets from back in the days now are from the Ethereum network even though I haven't really invested much on projects on BSC. I believe this is why it is important to do that extra work on checking out the projects before investing regardless of what network/chain they are built on even though that might also not 100% guarantee genuineness of the project.

Topic: Is there a token on Bsc that isn' t a scam? (Read 500 times)