Most of the TOP 20 = JUNK, SCAMS, SCHEMES. LIARS Correct me where I am wrong.

cryptohunter

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Quote from: chocopapaya on November 28, 2017, 09:28:46 PM

Yes, a lot of the top 20 coins are junk.
But, what is the standard for a "good" coin/project?
Is bitcoin the standard?

Here is another way of looking at it, don't we all have the say as to what is junk or not?
Isn't that the whole philosophy behind blockchain technology? That it is open source, decentralized, and we all participate in it?
So even if something is ponzi-like, if the vast majority of people are buying it, and trading it, supporting it, doesn't that give it some kind of legitimacy?

Well, it's kind of nihilistic view on things that just means that we are using it for money and gain and that's it.
But that's the way it is going now.

Of course, I will stay away from projects that I don't think will benefit me or others, but for those that are in it and investing in it, well, more power to them.
And if they lose all their money, well, it's all on them.

You of course have a fair point.

However what about if projects are proven to be run and controlled by proven liars, cheats, scammers?
The fact some may or may not have usable tech is not sufficient to reverse the fact the main benefactors of these projects are the proven liars cheats and scammers.

It is different if it is not proven. That is just an opinion. However if it is proven and is an observable event then there is no room for opinion on if it happened or not the only judgement call is if you want to invest and risk your investment on people that are proven liars cheats and scammers.

Of course many have not useful tech and are utter dirt anyway regardless of the fact they are operated by scammers.

chocopapaya

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Yes, a lot of the top 20 coins are junk.
But, what is the standard for a "good" coin/project?
Is bitcoin the standard?

Here is another way of looking at it, don't we all have the say as to what is junk or not?
Isn't that the whole philosophy behind blockchain technology? That it is open source, decentralized, and we all participate in it?
So even if something is ponzi-like, if the vast majority of people are buying it, and trading it, supporting it, doesn't that give it some kind of legitimacy?

Well, it's kind of nihilistic view on things that just means that we are using it for money and gain and that's it.
But that's the way it is going now.

Of course, I will stay away from projects that I don't think will benefit me or others, but for those that are in it and investing in it, well, more power to them.
And if they lose all their money, well, it's all on them.

cryptohunter

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Quote from: shahead720 on November 28, 2017, 09:22:11 PM

I agree with your analysis.
But i think dash just are not in spam.
You should more considered on it(dash).
However, wish the best.Thank you.

Please use the search bar

DASH is a PROVEN scam. It was known as darkcoin if that will help you research futher.

The others listed are not even as bad as dash.

Dash actually claimed fair pow launch - can you believe this. Read for your self

I mean I can not believe people consider dash not to be a scam. It is a PROVEN scam.

Research is key here.

I do not want to start picking on only dash here so I will only say research it with the search bar on this sub board.

cryptohunter

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Quote from: ac2eugenio on November 28, 2017, 09:15:02 PM

You can add Bitconnect and BCash of roger ver that was purposely made to manipulate the market.

Bitconnect obvious trash but outside top 20 i mean i could list so much trash but i focus on the top 20 right now.

Bitcoin cash i have seen so many pro arguments for it but yes anything by roguer vermin is worrying, he has his fingers in to many proven scams and is such really a red flag now to anything he contaminates.

shahead720

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I agree with your analysis.
But i think dash just are not in spam.
You should more considered on it(dash).
However, wish the best.Thank you.

ac2eugenio

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You can add Bitconnect and BCash of roger ver that was purposely made to manipulate the market.

bundo

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Quote from: blue_id69 on November 28, 2017, 07:04:42 PM

So many scam coin and fake project behind em. Like so many premine coin and ponzi. We just need to stay away from one of that

More carefully than some who have negative values that will lead to scams is the best way,

This scheme attracts people because of a small or free subscription fee, with the sweet promise of double profit on your deposit. This type of cheating often depends on invitations / invitations of investors to new users, and makes it a major source of development and revenue.

cryptohunter

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Quote from: conanmori on November 28, 2017, 07:48:48 PM

Great but I don't understand why dash is scam?

Probably the most documented and proven scam on this entire board.

Search is your friend on this section of the board.

COme on you guys need to start researching the origins of these projects.

JanpriX

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Buy The F*cking Dip

First and foremost, coinmarketc(r)ap shouldn't be used to gauge a coin if it is successful or if it has "real" value that could be used by the community. It doesn't have the real capacity to gauge them and rank them accordingly. And I agree to the list that you provided. I just can't believe that something like Bitcoin Gold and Cash are within the top-5 rank in this website. Well, I wouldn't be surprised if in the future, its list will be mostly dominated by different coins that has "Bitcoin" within their naming scheme.

I know that this coin has been mentioned above but I'm so pissed to this one that I just wanted to include it again here. And that is Bitconnect. I just can't believe that it is siphoning so much scam money from different people around the globe and many are still joining them up to this date. They'll cry hard when this thing fell off and no one will be able to get their money from it. Hard way to learn some lesson, I must say.

conanmori

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Great but I don't understand why dash is scam?

moinul018

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I agree with most of your analysis.

Potato Chips

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yesssir! 🫡

Quote from: cryptohunter on November 28, 2017, 06:01:24 PM

I just took a look at coin market crap the most dangerous and pathetic pumping tool in crypto. That ranks real crypto projects distributed by provable decentralised trustless means and ranks them again projects who make it easy to game their entire ratings system.

Well yeah most of them doesn't serve any purpose and has no contribution at all but as long as people are pumping it in whatever way, they will have a value. Furthermore most investors of these coins doesn't really know much about the particular coin/s they invested. They are lured just by hype's

Quote from: joinfree on November 28, 2017, 06:27:53 PM

I agree with you, but why dash? It is one of the best cryptos that we have now, it was less than twenty dollars on the last november of 2016, and now it is upto $650 each one of them.
I think that this was one of the most profitable altcoins that we could buy during the last year.

Any pumping coin can be profitable but it doesn't mean it's the best. The price shouldn't decide for it. I think this should explain it: https://www.quora.com/Is-the-cryptocurrency-Dash-a-scam

Quote from: joinfree on November 28, 2017, 06:27:53 PM

Bitconnect is probably the only who you could not miss on this list, because this coin is the king of the scammy projects. I dont even understand how it can be listed in somewhere, or how the fuck they are still able to pay out those incredible and unreal returns.

It's a ponzi scheme so they are paying their old users through the deposits of the new users. It's highly possible as a lot of users are shilling this in different social media sites. Some exchanges just list whatever coin as long as users are trading it.

Quote from: joinfree on November 28, 2017, 06:27:53 PM

When do you think that it is going to fall? i think that it would not be alive for more than two months, it might die before january.

Hmm... It's quite hard to guess when but the scheme will definitely collapse soon.

QFT

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Quote from: joinfree on November 28, 2017, 06:27:53 PM

I agree with you, but why dash? It is one of the best cryptos that we have now, it was less than twenty dollars on the last november of 2016, and now it is upto $650 each one of them.
I think that this was one of the most profitable altcoins that we could buy during the last year.

Bitconnect is probably the only who you could not miss on this list, because this coin is the king of the scammy projects. I dont even understand how it can be listed in somewhere, or how the fuck they are still able to pay out those incredible and unreal returns.

When do you think that it is going to fall? i think that it would not be alive for more than two months, it might die before january.

The dash instamine debate will always be around. For many supporters back then it kind of ruined darkcoin.

Raegorl

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Market cap is not the best way to judge a coin if you ask me. You have to consider that the real circulating supply for "airdropped" coins such as the bitcoin forks is nowhere near what is actually stated on coinmarketcap.

I agree with the others you pointed out, with the exception of OMG - i think that coin is going places next year.

blue_id69

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So many scam coin and fake project behind em. Like so many premine coin and ponzi. We just need to stay away from one of that

Johnnywelsh

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Agree with some of them but can't just post shit without backing it up with evidence. What's it contributing to the forum other than random crap?

Everyone jumps on board, some say X is scam, others say no X is definitely not a scam. Just wastes everyones time.

joinfree

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1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL

I agree with you, but why dash? It is one of the best cryptos that we have now, it was less than twenty dollars on the last november of 2016, and now it is upto $650 each one of them.
I think that this was one of the most profitable altcoins that we could buy during the last year.

Bitconnect is probably the only who you could not miss on this list, because this coin is the king of the scammy projects. I dont even understand how it can be listed in somewhere, or how the fuck they are still able to pay out those incredible and unreal returns.

When do you think that it is going to fall? i think that it would not be alive for more than two months, it might die before january.

cryptohunter

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I just took a look at coin market crap the most dangerous and pathetic pumping tool in crypto. That ranks real crypto projects distributed by provable decentralised trustless means and ranks them again projects who make it easy to game their entire ratings system.

I looked at the top 20

I would say 10 of those are utter shit or scams.

ripple - distribution = laughable ....we'll give it away for free to people.... nope we decided to keep it all ourselves.

Bitcoin gold = 0-100 in 0 seconds... let's make a top 100 just by calling bitcoin 100 different names.

Dash = proven documented scam - put in in the search bar and read up

Iota = unproven tech , probable self enrichment scheme from same people that created and dumped nxt on you all

Cardano = ? from zero to hero in 5 seconds

stellar = ripple clone from old partner of ripple - could be okay

qtum = from a known and proven scammer

omise go = what have they got going/working right now or just some promises and ideas?

Hshare = H what?

Topic: Most of the TOP 20 = JUNK, SCAMS, SCHEMES. LIARS Correct me where I am wrong. (Read 339 times)