this is a decentralized market and it will always remain decentralized. the fact that some people choose to believe the scammers and give their hard earned money to them because they promised them big returns and millionaires overnight is their own fault and nothing can change their attitude. gullible people will always remain gullible.
as for your solution, you are adding a centralized power into the system which won't match anything not to mention that you are introducing a big corruptible entity. in other words your "Altcoins Investigation Team" will do their job perfectly for a little while then to earn money they will start accepting bribes. the scammers simply pay them to publish positive feedback for them so that they can easily scam people who are not trusting "Altcoins Investigation Team" not knowing they are the biggest scammers.
this is not new either. there has been lots of similar ideas like the ICO benchmark sites that initially were doing a good job ranking them and busting the scammers but soon enough they started giving high rates to obvious scams just because they were paid to!
Topic: Make a secure Cryptocurrency for next generation - page 2. (Read 295 times)
Good attempt op and I like what you are trying to achieve here through this topic, but it won't work since it all comes down to individual security at the end of the day. Investors need to be smarter and must safeguard their assets in a more reliable manner(2FA, Hardware or paper wallets etc) and must do their research properly before investing.
I Liked the Idea.
This is similar to what IEO are doing, but you still cannot grantee that scam will not pop up there. There is nothing like a full proof solution. The best would be to study any projects thoroughly before investing into it.
It is the responsibility of the Investor as it is his or her money that is getting invested and not a third security party.
This is similar to what IEO are doing, but you still cannot grantee that scam will not pop up there. There is nothing like a full proof solution. The best would be to study any projects thoroughly before investing into it.
It is the responsibility of the Investor as it is his or her money that is getting invested and not a third security party.
Well, sure. However, most of the time the problem is people'a awareness woth regards to crypto. Some invest without even doing their self a favor of investigating, reading the whitepaper, checking the legitimacy of a project or learning about the risk of cryptocurrency. Most jump into crypto investment due to thw potential amount of money one can earn thru it.
I think mass awareness and crypto education shoukd come first. This can some how help people choose projects they will support and avoid investing in scam.
I think mass awareness and crypto education shoukd come first. This can some how help people choose projects they will support and avoid investing in scam.
Hello guys, Today I want to discuss about why Cryptocurrrncy supposed to not trustable for Normal people?
Problem: Why investor are cheated and stop investing in Bitcoin/Cryptocurrrncy?
My Logic:
Most of the investor are cheated from altcoins.
Some projects sell coin and then leave the project.
Some projects just sell promise,they don't use 10% of the fund and own the fund in there pocket,they promise for bigger exchange, practice use etc but finally they added little exchange and nobody take care the project and it's make the project useless
I can add hundreds of project as an example but I think that would be personal attacks,so I didn't do that.
Main Problem:
Many problem is nobody take care about this issu, someone make some coding,make a bitcointalk announcement and start selling it,even they don't need any documents, verification or examine by experience team!
Possible solution:
I'm not sure about the solution but maybe we can make a team called "Altcoins Investigation Team( AIT)"
Maybe Bitcointalk decided to make a official fund option, that's work is who want to sell his coin,he must need to deposit his 25% of Target amount in BTC from his personal fund before selling any coin and then if the team complete there promise more then 50% from there planning or Roadmap,then Bitcointalk fund can be send to the coin developer.
Maybe any project can be mandatory verified by a Altcoins Specialist Team(AST) before selling any coin.
There are many solution possible if we think about this issue!
Comments
My ambition is just make the cryptocurrrncy secure for our next generation!
Please tell your opinion about this issue!
Problem: Why investor are cheated and stop investing in Bitcoin/Cryptocurrrncy?
My Logic:
Most of the investor are cheated from altcoins.
Some projects sell coin and then leave the project.
Some projects just sell promise,they don't use 10% of the fund and own the fund in there pocket,they promise for bigger exchange, practice use etc but finally they added little exchange and nobody take care the project and it's make the project useless
I can add hundreds of project as an example but I think that would be personal attacks,so I didn't do that.
Main Problem:
Many problem is nobody take care about this issu, someone make some coding,make a bitcointalk announcement and start selling it,even they don't need any documents, verification or examine by experience team!
Possible solution:
I'm not sure about the solution but maybe we can make a team called "Altcoins Investigation Team( AIT)"
Maybe Bitcointalk decided to make a official fund option, that's work is who want to sell his coin,he must need to deposit his 25% of Target amount in BTC from his personal fund before selling any coin and then if the team complete there promise more then 50% from there planning or Roadmap,then Bitcointalk fund can be send to the coin developer.
Maybe any project can be mandatory verified by a Altcoins Specialist Team(AST) before selling any coin.
There are many solution possible if we think about this issue!
Comments
My ambition is just make the cryptocurrrncy secure for our next generation!
Please tell your opinion about this issue!
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