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Topic: Scammer Can affect the ETH price. - page 15. (Read 24523 times)

member
Activity: 596
Merit: 10
November 22, 2018, 07:40:33 PM
#68
I don't think the scammers have exactly such purposes. They collect ether and also hold it, waiting for growth. It makes no sense for them to try to bring down the price of ether. They just want to make money on crypto like us, but they choose such a bad way.
full member
Activity: 585
Merit: 100
November 22, 2018, 07:21:51 PM
#67
There are many forms of scam online and countless scammers. Scammers appear everywhere, they are crowded, sophisticated and dangerous incalculable. Without the knowledge of safe trading, you become the scammer's "prey". It not only caused ETH to fall sharply but also to other coins.
member
Activity: 308
Merit: 10
November 22, 2018, 07:18:04 PM
#66
Yep, seems that this is true, not only scummers but many other ICO GURU and excellent managers, that raised funds and then cannot follow their roadmap or just some dates that they had stated by themselves.

ICO market seems like a bubble and it had exploded
sr. member
Activity: 588
Merit: 250
November 22, 2018, 07:12:47 PM
#65
I don't think ETH price is bleeding just because of scammer or scammer can have any effect on ETH price Smiley. If scammers are trying to scam money from investors by using smart contract so investors just need to avoid investing in ICO project based on ETH blockchain or they just need to check every project more carefully before investing Smiley.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
November 22, 2018, 07:11:35 PM
#64
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

You mean that the scammers affect the price of ETH. I think the scammers are the ICO projects. Recently, the ratio of scam ICO projects tend to increase to more than 50%, and I so worried because I'm a bounty hunter, and I don't want to waste my time to work for scam ICO projects.
The scammer can give an impact to the price of ethereum. Remember these scammers will dump their ethereum that has been collected through fool others to the market instantly. They don't care so much about how much rate but they always try to dump it for pennies. these idiots scammers are uneducated person.
member
Activity: 336
Merit: 10
November 22, 2018, 07:09:32 PM
#63
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

You mean that the scammers affect the price of ETH. I think the scammers are the ICO projects. Recently, the ratio of scam ICO projects tend to increase to more than 50%, and huge affect on the price of ETH. And I so worried because I'm a bounty hunter, and I don't want to waste my time to work for scam ICO projects.
jr. member
Activity: 154
Merit: 1
November 22, 2018, 07:05:32 PM
#62
Unfortunately this is true. investors paid money to ethereum and the developers at the moment just sell their coins ethereum
hero member
Activity: 2842
Merit: 625
November 22, 2018, 07:02:58 PM
#61
I never noticed the price of ETH fell sharply while the rest of the coins grew.
What type of price tracker are you using? just a simple search with coinmarketcap you'll see that the whole market is falling including bitcoin and the rest of the market. ETH dropped quickly from its peak for this year except early January, starting by February it is falling sharply.

And right now, it has been overtaken by XRP on its rank and its market cap lost a lot of money due to the bear market. And OP is right, there are many ICO makers that held a lot of ETH dumped accordingly.
jr. member
Activity: 292
Merit: 2
November 22, 2018, 04:51:26 PM
#60
i think that's can affect market condition when scammer dumping Ethereum market for get big profit, especially when any some project with Scam Ending, i think the developer can dump the market whn they're sell the fund from crowdsale
I never noticed the price of ETH fell sharply while the rest of the coins grew. A ICO projects raise funds not only at ETH but also in other popular currencies. So, if a quick sale needs to fall in the price of all the coins. But in any case, it is necessary to fight fraud . You need to give them the collected funds strictly for the implementation of the road map and not on personal expenses.
sr. member
Activity: 980
Merit: 255
November 22, 2018, 04:45:51 PM
#59
not only ethereum, but all crypto.
Scammers make a lot of people lose confidence in Ethereum and Crypto and that greatly affects the market and altcoin prices
This is correct, the effect of scammers in the market is often underestimated, they are giving a very bad image to cryptocurrencies and that is making a lot of people that could be interested in investing in this market to decide to not do it because they are afraid that they could be scammed, and we cannot say anything to them because the truth is that most people in the forum have been scammed at least once so we know that their worries are real.
hero member
Activity: 1680
Merit: 505
November 16, 2018, 12:49:23 PM
#58
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?

Perhaps there is a lot of truth in your theory. But how then to refer to the falling price of bitcoin, which has a major impact on the movement of the entire market. At a daily eth volume, about 2 billion $ is how much they would have to sell at once to significantly affect the price drop.
full member
Activity: 402
Merit: 101
November 16, 2018, 12:14:28 PM
#57
i think that's can affect market condition when scammer dumping Ethereum market for get big profit, especially when any some project with Scam Ending, i think the developer can dump the market whn they're sell the fund from crowdsale
member
Activity: 406
Merit: 11
November 16, 2018, 12:05:48 PM
#56
Scammers have a very bad effect on the credibility of the crypto market, especially the arrival of new investors, they spoil the crypto market, I hope the scammers will soon end!

I agree with you,  scammers blasted this market as they disappointed many people's  who worked for their projects.  Still there are lot of good projects who pay you via tokens, however planning for longterm is always  better.
full member
Activity: 504
Merit: 104
November 16, 2018, 11:44:41 AM
#55
at first glance it seems to affect prices because it is able to control market capitalists, but that is only temporary if scamer sells ETH as a result of cheats at low prices.
I think it's only limited to reasonable analysis.
but basically the price of ETH is not influenced by scammers because of its fluctuating nature.
sr. member
Activity: 812
Merit: 250
November 16, 2018, 11:35:54 AM
#54
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?


This is probably the only benefit of the ETH's price drop. But a lot of crypto money is closely related to the price of Ethereum. For this reason, Ethereum's price should rise as soon as possible. I think it's unlikely that until the expected bull season, Ethereum sees $ 500.
ETH is really unstable in 2018. Its price goes down and now it has lowered support again. ETH prices may fall to around 120-150$ next month as the BTC continues to fall, ETH will rise to 500$ but I think we have to wait until the end of 2019
full member
Activity: 406
Merit: 100
November 16, 2018, 11:08:52 AM
#53
Yes it's true. Scammers must be destroyed! If this problem is not fast resolved maybe the future of ETH is no longer good. Smart contracts are too easy to make so the greater the chance for scamers to carry out the action.This is very bad to investors ,make them disappointed and maybe investors will not believe in cryptocurrency anymore. I hope all of this can still be improved.
full member
Activity: 1820
Merit: 107
November 16, 2018, 10:42:00 AM
#52
Hello, You know guys most of reason why ETH falls down because of a lot of scammers used the smart contract and make a bright idea about for the future but its only fake. They always convince the investor using their good marketing strategy and once the investors are convinced so they invest their money. And once the scammers has a lot of ETH accumulated from the investors the will sell immediately so they can affect the whole market cap of ETH. What do you think?
Partly has a valid point and partly not! As we all know the so called crypto-dynamics the law between the supply and demand is the main cause of the price movements. if more sellers than buyers its usually affect the price for sure. So i think those scamming incidents are not the sole culprit about Ethereum price dropped! But its a complex caused!
full member
Activity: 560
Merit: 101
November 16, 2018, 10:10:50 AM
#51
Scammers have a very bad effect on the credibility of the crypto market, especially the arrival of new investors, they spoil the crypto market, I hope the scammers will soon end!
member
Activity: 244
Merit: 10
Official Street Team member
November 16, 2018, 10:08:55 AM
#50
I don't think it has any kind of relationship with the price of ETH because while they are selling, investors also have to buy it for investing in those fake ICO or whatever. So, it's less reasonable. I think ETH is being lowered just because everybody is dumping and trying to get into BTC.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 16, 2018, 10:03:05 AM
#49
While this one have the chance of affecting the ETH market, I don't see the capital those scammers have acquired easily affect the whole market because they have quite small portion but it can't be underestimated
because the number of the coin they steal is growing day by day and need to eventually be stopped.
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