Many ICO / altcoin scams? - page 5. | Bitcointalksearch.org

Palider

hero member

Activity: 1273

Merit: 507

Quote from: ATSgrowth on September 22, 2019, 05:54:08 AM

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

Yes I agree with you, Because every move we make in crypto we need to think about.

Especially if we are investing in buying crypto currencies. It is best to first identify who they are and what development they will take to improve and benefit those who invest their money in it.

GreenStox

sr. member

Activity: 1148

Merit: 252

Undeads.com - P2E Runner Game

indeed at the moment there are many ico scams but for IEO it seems that not too many are scams because IEO is better held at a high volume exchange place and has very strong security so it is not possible if the exchange provides IEO which makes its good name bad.

Metall303

full member

Activity: 891

Merit: 100

Oikos.cash | Decentralized Finance on Tron

Quote from: santouao on October 15, 2019, 09:48:36 AM

It is true that many ico and alts are scams but we can avoid them if we know how look and how to look for legit project and for good alts to invest in so we all need is analyzed the project qnd look for it well.

I would be interested to look at the statistics of "well" selected projects. I am sure that everyone who invests money, understands that now only 1 out of 10 projects is normal

santouao

full member

Activity: 560

Merit: 101

#SWGT PRE-SALE IS LIVE

It is true that many ico and alts are scams but we can avoid them if we know how look and how to look for legit project and for good alts to invest in so we all need is analyzed the project qnd look for it well.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: ?? on ??

Many complain about fraud at ICO, it's natural, every ico that appears either new or old has lost investor confidence and the chasing of prizes, the crypto market is open freely so we must be clever in preventing the occurrence of sammers, we must find a safe space so investors are safer in playing in the crypto room going forward

Exactly. The most important thing for people who invest in ICOs is to know the risk. Unfortunately, there is no education on how to verify the credibility of the project. A certain solution is the IEO in which exchange checks the credibility of the project. However, it does not verify whether the project has a chance of success. When people learn how to verify the risk associated with the investment, the complaint will end. In other words, education is the most important thing.

tenakha

hero member

Activity: 1470

Merit: 509

Quote from: desticy on October 11, 2019, 01:48:23 PM

That's right, in the crypto market everything is possible for everyone. Everyone does what he wants. But we are building a better world, right?
Then we are simply obliged to find out scam projects and throw them out of the market, isolate them without allowing them to collect a penny.
The more scam on the market, the less people’s desire to invest in the market.
Want to see Bitcoin at 20k? I want, but scam prevents this.

Why would there be cops or judges if everyone wanted to be good? In the decentralized system, none of them exist, and this causes a worse scenario. Instead of running away, we should accept it as it is and try not to be scammed. It is not the fault of crypto that scam projects are a lot, it is our fault. Crypto was created pure, but we poisoned. Now, we run away by denying what we did, leaving it poisonous.

asus09

sr. member

Activity: 1344

Merit: 270

Maybe ICO not scam just delay for listing , I know the ICO delay more than one year but you have trust with ICO team they are working to listed coin on big exchange market, last ICO is thinkoin have finished last year but last week listed on exchange market have higher price than ICO, many investor tired for waiting one year got much profit and we know many ICO delay is not trouble but they want give special moment for investor to get much profit.

huu78

sr. member

Activity: 1204

Merit: 253

Undeads.com - P2E Runner Game

Many developer's mistakes are done like their project there is no innovation and no ecosystem is useful for its use.
Maybe that's why a lot of projects are dying and ending a scam. Unfortunately, it will exacerbate the image of the crypto itself.

desticy

sr. member

Activity: 1512

Merit: 292

www.cd3d.app

That's right, in the crypto market everything is possible for everyone. Everyone does what he wants. But we are building a better world, right?
Then we are simply obliged to find out scam projects and throw them out of the market, isolate them without allowing them to collect a penny.
The more scam on the market, the less people’s desire to invest in the market.
Want to see Bitcoin at 20k? I want, but scam prevents this.

Fredomago

legendary

Activity: 2954

Merit: 1050

Leading Crypto Sports Betting & Casino Platform

Quote from: bvg96634 on October 11, 2019, 12:07:18 PM

Dishonesty and fraud is present around the whole world. People will always try to fraud you even if it is not a free market. You can see that in every field and everywhere around the world. You yourself have to be careful and smart.

Short but it's how exactly should be done. The market is full of possible scammers and it's your own understanding that will prevent you to be part of any projects that will only comes up being scammed. Looking for the right ways in investing out might be tough but still doable if you take your time and carefully analyze everything.

Don't let those scammers to take advantage of your money. Take your time to learn things to avoid you up participating with project without real use.

CaptainKid

sr. member

Activity: 756

Merit: 250

Quote from: TinaK on October 10, 2019, 01:22:08 PM

Nowadays people are changed more and learnt how to choose the best ICO. Now these scammers are getting involved with the small exchanges and list the scam project in the form IEO.
Then these users get scammed in IEO. ICO is not scamming more than IEO.

This can be enumerated endlessly, since scammers everywhere, in all fields of activity and cryptocurrency, are no exception, since this industry has gained great popularity. Therefore, we always need to be alert, because we always risk losing our money.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: daporivera on October 10, 2019, 04:07:13 PM

The level of scam in the cryptocurrency industry is very high. Its your responsibility to protect your self as scammers are every where willing to take your hard earned money away from you. Most importantly, do not be greedy, according to research multitude of people get scammed as a result of greed.

Which leaves us with a difficult decision, do you keep investing in icos and ieos knowing very well that there is a big chance that you lose your money to scammers or do you quit investing in them and invest only in good coins? I already made my decision and I have no plans of investing in any new project no matter how good it may look since scammers are getting more skilled at hiding their tracks and it s becoming impossible to distinguish between a good project and a scam.

bvg96634

full member

Activity: 482

Merit: 117

Dishonesty and fraud is present around the whole world. People will always try to fraud you even if it is not a free market. You can see that in every field and everywhere around the world. You yourself have to be careful and smart.

dimox

legendary

Activity: 1610

Merit: 1003

there are many scam ico but many success ico. lot of people complaint when it scam, but they are forget if they earn much profit from the success and you have many experience and can avoid scammer from previous problem.
now we have some party that provide ico that worthy and ieo to solve scam problem. but it doesnt mean you will get high profit, its just more guarantee

linkingt

newbie

Activity: 26

Merit: 0

Though its a big matter sorrow but exibhition and analysis about crypto can be the way to stay away from this kind of problems.it has a little bit risk but it can be a better way to get something special. if you are wiiling.

daporivera

jr. member

Activity: 402

Merit: 4

The level of scam in the cryptocurrency industry is very high. Its your responsibility to protect your self as scammers are every where willing to take your hard earned money away from you. Most importantly, do not be greedy, according to research multitude of people get scammed as a result of greed.

SabrinaBianka

member

Activity: 633

Merit: 11

Quote from: ?? on ??

this is a strong statement but many people do not care. they prefer to blame anyone and continue to lose money than to learn from their mistakes.

People are angry when they are lose but when the time before, they are not care if this is not good for their money. They are greedy and careless with their funds because in their minds is taking profit but it hasn't happen because in their own wrong decision.

TinaK

hero member

Activity: 1106

Merit: 527

Nowadays people are changed more and learnt how to choose the best ICO. Now these scammers are getting involved with the small exchanges and list the scam project in the form IEO.
Then these users get scammed in IEO. ICO is not scamming more than IEO.

Nevsky

sr. member

Activity: 1064

Merit: 250

★Bitvest.io★ Play Plinko or Invest!

Quote from: letyouearn on October 10, 2019, 08:14:35 AM

Quote from: ATSgrowth on September 22, 2019, 05:54:08 AM

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

Agree. But there are some possible options here where escrow or some other mechanism protects investors from scammers. Lack of regulation makes people think about different scam schemes more often

In any case, the market will survive this unfavorable stage in life and begin a new epic. ICO ended, started IEO. Who knows what else will come up to attract investment. One thing I can say is the ICO market had long had to be regulated by law. Maybe this will get rid of fraud.

letyouearn

legendary

Activity: 1722

Merit: 1014

Quote from: ATSgrowth on September 22, 2019, 05:54:08 AM

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

Agree. But there are some possible options here where escrow or some other mechanism protects investors from scammers. Lack of regulation makes people think about different scam schemes more often

Topic: Many ICO / altcoin scams? - page 5. (Read 1883 times)