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Topic: New coin are scam nowadays (Read 3924 times)

jr. member
Activity: 336
Merit: 2
October 23, 2018, 04:38:47 AM
These days there are more scam coin than the good coins, some people do coin only to make money and leave the project afterwards and that is the reason why it is always important to conduct your research very well before you invest in any coin at the moment.
newbie
Activity: 65
Merit: 0
October 23, 2018, 04:25:43 AM
That's just what I'm saying is really a scammer
member
Activity: 459
Merit: 10
October 23, 2018, 04:25:03 AM
Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...
First of all, you must thank you for your kind reminder.

The ICO scam is not new now, and everyone knows how bad ICO quality is in the market.  
Few people invest in ICO now, and everyone is more keen to go to the market to buy coins. I didn't know before that the coinmarketcap could be listed for free, but fortunately I usually don't go there to trade.
If the facts are what you said, we only need to go to a more well-known exchange to trade, at least those exchanges that can be charged can allow many scammers to be rejected because they can't afford the money.
newbie
Activity: 144
Merit: 0
October 23, 2018, 04:23:45 AM
Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

I agree...there is a good dose of luck of course, but you must always do your own researches...for example watch Elicoin in livecoinwatch ( not in coinmarketcap ) , is not an ICO or bounty... it's a coin with low mc, low supply, PoW whit cpu, no premine, active dev...only trading it on CREX24 for now...do you own researches in the thread in bitcointalk: https://bitcointalk.org/index.php?topic=3028302.0..I bought them 2 months ago and if you watch it in livecoinwatch you know why now I laugh very loud Smiley people are too stupid for DYOR and got scammed by ICO or bounty...just my 2 cents...hope it helps...cheers
sr. member
Activity: 581
Merit: 250
October 23, 2018, 04:23:14 AM
These days i'm starting to get bored about all of the scam coins that keep on occurring, force us to do more work than usual just to check if the project is good enough to put an infestation or just simply joining the bounty campaign.
full member
Activity: 1638
Merit: 122
October 23, 2018, 04:12:00 AM
People loose interest in cryptocurrency because of the scams nowadays. This is not fair. I think there should be a team that filters the new coins

sure its fair , scamming is only normal and even on fiat money we also experienced to get scammed but i dont think the interest of people in fiats are lessen  . that is also the same on cryptos , the interest of people will still be the same because they are already aware that scam is only a normal thing .

Quote
I think there should be a team that filters the new coins

Yes there is already a team or organizations that bust scam projects . you should look them online and compare of the ico that you are interested in are legit or fake .
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
October 23, 2018, 04:10:10 AM
People loose interest in cryptocurrency because of the scams nowadays. This is not fair. I think there should be a team that filters the new coins
unfortunately there is no special team for filtering new projects.but atleast we helped by ico review site that has profesional team to rate new ico projects.
newbie
Activity: 22
Merit: 0
October 23, 2018, 04:05:03 AM
 This has got to end somehow, and despite not the most most loved opinion, only regulation can save us.

 That, and the surviving privacy-centric decentralised coins. These will self regulate by adoption. But every ICO should have real faces in their teams and governments should hammer down on them
full member
Activity: 476
Merit: 100
October 23, 2018, 04:03:48 AM
Indeed, among the huge number of ICO projects in which I have participated since the beginning of the year, only a few have stood up. And such dynamics continues to hold while we are in a downtrend.
jr. member
Activity: 154
Merit: 2
TIME BASED CRYPTOCURRENCY
October 23, 2018, 04:02:15 AM
Do as many scams now on the market ICO. So tired of losing time and money on such projects. Scammers have adapted so that they answer questions in a telegram like something to do after ICO, and then just disappear. Don't even know how to deal with them and how not to get them.
member
Activity: 308
Merit: 15
October 23, 2018, 04:00:58 AM
Hmm! For the fact that you believe or call new coins scam doesn't mean you are on the right path. I would argue that with you to any extent that not all new coins that are scam out there. There are so many coins that are bringing solution in crypto.
member
Activity: 367
Merit: 10
October 23, 2018, 03:57:27 AM
indeed it will be very sad that many new altcoins are scam, but this is the world of crypto, when new ICOs come, it takes a hard struggle from the teams to make the poroject succeed and achieve hardcap, but this all needs a clear commitment from the start, we don't can determine this ICO will be successful or not, but for me see the right predictions about this, knowledge is very important. then you must be very vigilant and extra careful.
full member
Activity: 504
Merit: 100
October 23, 2018, 03:53:17 AM
Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

I agree. Before buying any tokens you like or any prospect tokens you're looking for, always do a lot of research first. A good indication that a token is a good buy and not a scam is that it has a lot of following despite the cheap price. Always look for that viral news because that will set the platform for the token to pump the price.
jr. member
Activity: 229
Merit: 1
October 23, 2018, 03:48:55 AM
Yes, right now there are a lot of scam coins. If you are not careful and careful in choosing a coin to buy, you can lose your money and suffer losses. I think finding information on their telegram group is a fast way of how we will find out information about the coins we will buy. Not only that, don't be too satisfied with the answers given by the token owner but try to look at and see the growth of the token on the market.
Lyd
full member
Activity: 420
Merit: 101
October 23, 2018, 02:52:36 AM
People loose interest in cryptocurrency because of the scams nowadays. This is not fair. I think there should be a team that filters the new coins
legendary
Activity: 1137
Merit: 1000
October 23, 2018, 02:43:01 AM
not all new coins are scam, there still a lot of real project that distribute their coin project but maybe the chance now 50 50

I agree it doesn't mean that if there are lots of tokens and ico., They can be labelled as scam. There are still good performing projects out there.

Of course., Do more study before you participate in a bounty campaign.

Not all the coins are scams, well some others are, coinmarketcap is a good site to visit for their prices.
YES you are correct visit their telegram channel and group to know more, but not just like that.
They have a website if they are legit and you can read there their white paper but research more as mostly new coins have a large potential to scam their participants.
member
Activity: 336
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
October 03, 2018, 11:46:55 AM
A lot of them, still plenty of good ones about. Scammers will always enter markets that have gotten big so quickly like crypto has.
member
Activity: 350
Merit: 10
"In CryptoEnergy we trust"
October 03, 2018, 10:19:53 AM
not all new coins are scam, there still a lot of real project that distribute their coin project but maybe the chance now 50 50

I agree it doesn't mean that if there are lots of tokens and ico., They can be labelled as scam. There are still good performing projects out there.

Of course., Do more study before you participate in a bounty campaign.
member
Activity: 252
Merit: 10
September 28, 2018, 02:38:50 PM
If a promising token and has a large volume of trading on the crypto currency market. You can invest and choose a coin that has a good rating. I today invested in Scavo 200 dollars and look forward to growth
copper member
Activity: 140
Merit: 1
September 28, 2018, 02:33:46 PM
I think this is truth. Coinmarketcap is not really helping. Any coin can get listed on it even if it is a scam project or shitcoin once they are ready to pay. It's so disheartening seeing many ponzi projects like Bitconnect and Regacoin get listed on Coinmarketcap.
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