Scamming is not an easy job, I have to say it requires you to be very good at your job if you want to make money. I could definitely create the most high tech thing with the biggest buzzwords, like some AI coin based on NFT metaverse game for example, look how many hyped things is in there and yet you know what would happen if I do that?
I would not make a dime because I wouldn't be able to do a proper marketing for it. On the other hand these scammers build something with hyped utility, and they manage to steal as much as millions from people and that's beyond my understanding and ability. So scamming is not as easy as you think, it's quite a tough thing to do.
Topic: Scammers are good at using the most hyped utility - page 2. (Read 351 times)
well honestly what would you expect as long as there is fomo going around scammers will always try to take advantage of it they too wanna get that share of money in their wallets but the most important thing is that we're educated enough to know that not all AI coins are worthy of our investments, even majority of them are just money grabbing, a scheme to steal our money. even though surely there'd be always some that'd falls for this scams just like with meme coins in the past that just full of scams.
Scammers know how to take advantage of what's on trend because they can easily find targets for coins that are making noise. They will hype it and take advantage of it that's why being skeptical is necessary so we will not fall for their trap easily. There are other potential coins to focus on and coins that are making noise don't mean that they have a good potential so we must do continuous research so we will not be fooled.
So, if the coin is the most trendy, it does mean that it will now be dead later on? Then what about Bitcoin? But, no that's not how it works. The only reason why those coin's died is because they have nothing special to offer but they are only driven by the hypes.
These AI projects might be new and the first few coins might offer something unique. If ever they boom, then we all know what can happen next. That is there will now be a parade of similar themed coins but we should be careful at them as most of them are now a meme coin and are only riding the hype. Their devs are only hoping that their coins will also get picked up by the public. Well yes, if they get lucky that someone will pick them randomly/carelessly.
These AI projects might be new and the first few coins might offer something unique. If ever they boom, then we all know what can happen next. That is there will now be a parade of similar themed coins but we should be careful at them as most of them are now a meme coin and are only riding the hype. Their devs are only hoping that their coins will also get picked up by the public. Well yes, if they get lucky that someone will pick them randomly/carelessly.
even though I've seen rise in AI cryptocurrency that's recently created I didn't see it getting created as much as meme coin in the past where quite literally every minutes there is some random meme coins being generated.
Simply because we are still in bear season, things are going to be bleaker than is understandable. Another thing is that there is no AI junk project that has brought great success yet, so there is no Fomo effect, just 1 project is hyped, and you will see the same thing as memecoin.but I do agree that scammers will always try riding the train of recently trendy coins just like this AI even though it seems this AI trend is gonna be short lived ones, it's enough to make scammers flock over and created their own versions.
but at the end of the day only the real coins gonna flourish, the shitty ones just gonna lose value over the course of the weeks.
It all started with ChatGPT, and scammers are trying to create a new trend in the market, but it doesn't seem to have any noticeable impact yet. but at the end of the day only the real coins gonna flourish, the shitty ones just gonna lose value over the course of the weeks.
This just shows that the altcoin market is just a scam, pumping and dumping, no technology is created here.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
I'm pretty sure most of the projects named after AI is just hype up the technology and to attract more investors, but in the end most of them are doing nothing and just some kind of schemes to milk the investors money and probably their projects are just bunch of bullshit all over the place with the sprinkles of "AI" words so it makes them more "unique" than the others.Even though they are using that kind of word, make sure to research everything you can do before even touching these kind of projects. Most of the projects are running the same way like this and ended up into a scam.
There are over dozens of meme coins that are now almost dead or dead already because they are the most trending hype in last bull market.
Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
I think you were miss understanding with the meaning of AI or Artificial Intelligence, some scammer looking for which one trend for make people believing about their project, due with your project mention above I think potential become scam later because they tried with put the label or name about AI only. Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Listing on CMC is easy because when fees payment have been completed will directly listed and make some investor believing with shit or meme coin although few days later drop more than 200%. I have been removed trust with shit or meme coin although have new listing and their roadmap will list on bigger exchange market.
There are over dozens of meme coins that are now almost dead or dead already because they are the most trending hype in last bull market.
That's what's eventually going to happen to projects that lived on hype without utility that benefit majority of the community.Quote
Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Developers need to feed investors with something new because whales are looking for new projects to hype to feed these newbie investors in a hope that they will be early birds and make moneyQuote
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
That is why I don't trust CMC anymore they are quick to add projects that lived on hype, I'd like to think they are conniving with developers to feed newbie investors, this is an endless cycle after the AI we will see a new hype utility again after a few years or less than a year. 
There are over dozens of meme coins that are now almost dead or dead already because they are the most trending hype in last bull market.
Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Funny thing is, this wouldn't had happened without Midjourney And ChatGPT. People don't remember the fiascos that happened last time when "AI projects" were funded by icos. There are hudreds of AI projects around already and at this phase it will be thousands in no time -> https://www.futurepedia.io/Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Most of them have nothing to do with the things people assosiate them with (AI versus neural networks, versus machine learning, versus deep learning)
I can guarantee that anyone hopping this board right now with their new crypto project is planning a scam.
Yes they definitely will always try to use anything hype for now. So AI related projects are the one we should be able to look out for. Even the meme tokens with affiliated with that will surely be used to make or feed more money from users. Well scammers are just a rolling gloves which usually exploit traders and users from these bullshit hype.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
The question is "why is CMC allowing those perceived scam projects to be put on its site?" While starting out in 2017, the CMC was always my point of reference for this industry. Any coin I didn't find there was classified as a scam coin. There were some purchases I made solely based on their listings on CMC and not because anyone hyped them. Now, seeing that many scam projects are getting there and site owner is not bothered but only concerned for monetary gain is not just heartbreaking but appalling. For me, I won't touch anything Al is in it with a pole. I bought into one Al token last year but it's value is almost at zero level now. There are over dozens of meme coins that are now almost dead or dead already because they are the most trending hype in last bull market.
Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Today the next big thing is called Artificial intelligence and as a coinmarkcap user I am seeing many new A.I projects, I investigate two newly listed on CMC and I found out they are rubbish, it seems the Doge and INU race is over, now it's A.I call for scammers.
Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Well from a scammers point of view it just make sense to always hop on the current hype train because obviously those hyped topic are just generating the most interests of the people at the given time. In addition to that i also think that the share of absolute crypto newbies that are wanting to invest is higher in those hype topics than in the others. I also have to say though, that this type of behavior from scammers is not unique to the crypto world though. Recently there have been many new scam shops appearing on the internet that were all selling firewood. The reason for that was that firewood was becoming so expensive here in germany because of the war. So scammers in every section are always going for the most searched product.
There is a possibility that the next trend will be about AI so that these AI-based projects can get huge profits with the entry of many investors into these projects.
But AI technology itself still needs to be developed so we still need time to see what this AI technology will look like in the future.
If you want to invest in this AI-based project, you have to be very careful because not all of these AI projects can get a lot of attention from investors so they can make you suffer losses later.
And if this AI-based project is also not going to last, it will become like previous trends and be replaced by another new trend.
But AI technology itself still needs to be developed so we still need time to see what this AI technology will look like in the future.
If you want to invest in this AI-based project, you have to be very careful because not all of these AI projects can get a lot of attention from investors so they can make you suffer losses later.
And if this AI-based project is also not going to last, it will become like previous trends and be replaced by another new trend.
They are really brutal when it comes to these kinds of frauds and they won't consider anything just to get the things they want from you especially when they see their investors are completely ignorant about pump and dump coins. They will continue to promote the hype until their investors even promote it to others which will cause them great distress later when the price will start to crash and never recover again and when that happened, the people they recruited will gonna blame them for that. That's why in this industry it's better to be independent investors and don't try to drag your families and friends if you wanted to free yourself from blame when things will gonna be wrong after the hype is over.
It is just to notice that scammers will also go along with the trend which I see it was easy for them to scam new investors.
That's very easy on them, they've been with the market for a long time and they follow the trend. So whatever is new to the market, they are also adopting it.Whilst, the newbies they're targeting have no idea what's about to come to them. If ever they fall for their bait of using some hype terms and projects, they'll really be scammed and will buy a token that has no use at all, no utility or such. And that's like that they've just given the scammers money in exchange of a useless coin/token.
It is just to notice that scammers will also go along with the trend which I see it was easy for them to scam new investors.
They certainly look promising as we can see, in fact, many investors had also gained profit with them. Literally, we could think that it was a legit project but behind those good experiences that early investors have, it replaces regrets and sorrows because it turns into a scam while new investors put their money into them.
This would tell us that we need to stay away from hype and new project because these projects have been controlled by scammers.
They certainly look promising as we can see, in fact, many investors had also gained profit with them. Literally, we could think that it was a legit project but behind those good experiences that early investors have, it replaces regrets and sorrows because it turns into a scam while new investors put their money into them.
This would tell us that we need to stay away from hype and new project because these projects have been controlled by scammers.
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Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
Scammers are always there. Whatever the hype is, they will follow because they know that a huge amount of money can go there since investors really don't want to miss the train thus, they will invest in what's hype currently.Most new projects listing on CMC are now having _____ AI name, for example AkitaAI, StableAI etc, there is nothing to be expected of these new projects, they are here to grab some attention that won't last and they will make tons of money doing so, it's always the money race.
From NFT's to ICO's to DeFi's to Meme coins and now AI. Investors wanted to have a piece of it hoping that they will make some money and because of the desperation to make money, they often fall into the traps of these scammers who have a very attractive sales pitch attractive enough to get some newbie investors out there. That's why scammers are still scamming because there will still be investors who will get scammed on their end.
As for me, F*ck those scammers. I will not fall into their trap. I've seen numerous scam projects already especially in crypto and I've already built my own basis into whether which are scams and which are not. I'll just hope that only few investors will fall into these A.I scam coins.
Scammer infiltration in any new development is something we should be used to by now, and the earlier we develop a proactive measure to stay ahead of scammers the better for us, as scammers will not seize to exist in fact their number is multiplying every day with a new tactic so the earlier we protect our investment the better for all of us and the sectors of the market that are majorly afflicted with scam activities lately is.
*Altcoins projects e.g NFTs, meme coins and web3, this is the most trending spot for scammers and the market is filled with 100s of projects that are potential scams.
*Altcoins projects e.g NFTs, meme coins and web3, this is the most trending spot for scammers and the market is filled with 100s of projects that are potential scams.
even though I've seen rise in AI cryptocurrency that's recently created I didn't see it getting created as much as meme coin in the past where quite literally every minutes there is some random meme coins being generated.
but I do agree that scammers will always try riding the train of recently trendy coins just like this AI even though it seems this AI trend is gonna be short lived ones, it's enough to make scammers flock over and created their own versions.
but at the end of the day only the real coins gonna flourish, the shitty ones just gonna lose value over the course of the weeks.
but I do agree that scammers will always try riding the train of recently trendy coins just like this AI even though it seems this AI trend is gonna be short lived ones, it's enough to make scammers flock over and created their own versions.
but at the end of the day only the real coins gonna flourish, the shitty ones just gonna lose value over the course of the weeks.
that's simply just how it is, they know where there is trend there is good flow of investments either from competent and incompetent investors and they know that doesn't matter how shit their project is, they gonna get that share of investments flowing into their shitcoins, this thing will get repeated more and more even decades into the future as long as these scammers still exists so basically it's normal occurence, if you want preventing this, you need to educate the people.
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