Topic: The Cryptospace is getting Worst - page 2. (Read 553 times)
It's true even me at first I was attracted to the ROPE token, but when I visited their site I was shocked when I see the word "lol" from its website "https://rope.lol/" I thought it was just a mistake but to find out its a good link "lol" was part of it, I told myself its crazy but what I think is about the volume of ROPE token on UNISWAP and it's no joke. investors nowadays don't care about the name or something else they are simply riding the HYPE and willing to take the risk to gain some profits.
Lots of tokens are being traded on exchanges long time after the project had scammed. Do you know why? Cuz nobody cares about what the project is about and what was its objective. People see a minor spread between prices in buy and sell columns and go for it. Everybody want to get rich fast which is a normal human desire))))
Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
people today just want to get in projects for instant profit then jump to another one and yup they seem not to care about the objective of the project. ROPE and MEME have the same inscription, DO NOT BUY IT. different approach in marketing. Talking about projects, I think NFT's will be trending for the next few months, if you're interested for NFT projects, check out KittieFIGHT. They've launched their yield farming too. In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
I thought this behavior was pretty obvious, didn't I? Only a tiny part of the crypto community cares about the crypto world and wants to use tokens as a settlement tool. The rest of us (including myself) are just a bunch of speculators and lovers of quick profit no more. What's the difference between a shit coin or not if you can use it to raise a couple of hundred bucks here and now just on the exchange rate difference?
Had people cared about the objectives of projects, DeFi, ICO, IEO and all other kind of hypes wouldn't have ended up as large pools of scamcoins. Just look how many coins there currently exist with the term "Finance" in their name. These did not exist 2 months ago.
The crypto space has been so filled up with shitcoins that "researching projects to know what to invest in" truly became a big waste of time in >90% of the cases. This is unfortunate, but it's the reality we're looking at. We aren't governed by any authority, so you're free to create whatever you like, be it a scam, a pure experiment or a legit project.
The crypto space has been so filled up with shitcoins that "researching projects to know what to invest in" truly became a big waste of time in >90% of the cases. This is unfortunate, but it's the reality we're looking at. We aren't governed by any authority, so you're free to create whatever you like, be it a scam, a pure experiment or a legit project.
I concur.
Nowadays, it just doesn't make sense anymore.
Just look at how many coins are listed, & delisted on a daily basis on Binance®
Projects with names like SUSHI, BURGER, etc
Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
You carefully stated the obvious fact, and that's the truth. People no longer care about the idea or whatever behind the project, what they care for is pump and gains, nothing more. Yet this same set of people will be the first to lament when it goes sideways or dumps heavily on them. Also, I just like to add my opinion; first the team added a rope to the website meaning anything can happen, and when it does no one is to blame them. Now secondly, I do not think that it is investors that started the pump of that project, it could be the team that started it knowing that many people are heavily moved by pump and trading volume, so it could be that they started the pump, people threw caution to the wind and joined the game just to cash out and the volume keeps rising. For such a project, the team might have a target and once attained, the will exit scam.
Furthermore, there is need to be extremely careful of most projects on Uniswap, because with what is happening, many scam projects might still come up, leverage the hype Uniswap has and scam people.
So therefore, in all things, those who still make their own research most of times wins because those who failed to, might make gains in one project only to lose it all in another.
There is really enough idiots to think that if you could make anything a token, you could make them work as well, they don't care if the project was a serious one or if it was a joke one because to them it doesn't matter. To them what matters is the fact that you could take a fake or scam coin and you could trade it to make it go high and if it goes high you will make money, so why would they care if it is a fake one?
As long as there is a coin listed somewhere, someone can buy that coin make it go up and then sell it for higher and that is all they care about. Unfortunately problem doesn't lie with the creators because they told everyone that they are basically not even a real thing before anyone got involved but people still flock to it to make some more profit.
As long as there is a coin listed somewhere, someone can buy that coin make it go up and then sell it for higher and that is all they care about. Unfortunately problem doesn't lie with the creators because they told everyone that they are basically not even a real thing before anyone got involved but people still flock to it to make some more profit.
The fact is that now few people are interested in what a particular project is doing, the mechanism for making a profit for them so that its token continues to grow in price. Therefore, such information is even difficult to find.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.
On the other hand, the one who did not receive enough information about the project where he planned to make investments, and having lost everything in the future, receives his level of education. Fraud simply works for the lack of education in society in certain areas. Hoping for quick profits, people lose their minds. This happens regularly, people lose and begin to get to know better all the aspects that are necessary to study projects. It's just that nothing is being done, this is the next stage of introducing cryptocurrency into society. Only after going through the experience and feeling all the advantages and disadvantages of cryptocurrencies can society become literate, and therefore better.
Maybe most investors only see the trend of a Defi project because they believe when a project using Defi will definitely be successful and they are competing to buy as much as possible, in my opinion they misjudge and don't see the impact of the risk of loss in the future, maybe knowledge about assessing a project must be prioritized when you want to invest in the project.
The investor will follow the trend, and if they think that the trend can give them a profit, they will invest in the project to make a profit.But what I am worried about in this DeFi trend is that the investor can get another scam, and what we saw in 2017 will happen again.
If they don't research the project, they can get the same experience in 2017 because I am sure that many investors have been following the last ICO and IEO trend.
Research the project that we will use as the short, medium, and long term to avoid the scam project.
Have you compare with the other exchange or the other crypto currency that stand long time until now?
Do not defile a goodness with a little ugliness, crypto currency has been stand for 11 years until now and everything is fine if you choose a real project which provides real functionality. Like bitcoin, how many people who dislike it? Yeah, almost all parties especially financial sector against it, but they aren't successful cause bitcoin is deserve to fight anything. Be careful with new system, it could be a bubble eventually, take it as a short term place to gain profit.
Do not defile a goodness with a little ugliness, crypto currency has been stand for 11 years until now and everything is fine if you choose a real project which provides real functionality. Like bitcoin, how many people who dislike it? Yeah, almost all parties especially financial sector against it, but they aren't successful cause bitcoin is deserve to fight anything. Be careful with new system, it could be a bubble eventually, take it as a short term place to gain profit.
Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it.
Out of curiosity, check out the token site and it hard to believe that the whole concept of the project is all a joke FOMOIn a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it.
But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
Not all liquidity are gain in genuine way and the liquidity you saw on Uniswap can be manipulated by project team cause there are company that execute it for new project.within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
Note this, ever since uniswap launched their UNI airdrop (which was tagged as the most expensive airdrop in crypto history) Uniswap have been the homeland of all crypto project scammer, they also understand that the airdrop they did will travel genuine and cheat priject to their platform and thats the reason why they provide a warning note whenever people want to buy token on their site.the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
With that been said, we still can be sure if investors don't do research anymore cause 97% of all new project are hype base and what they do is to buy traffic/liquidity but I hope naive investors won't be a victim of these tricks.
Imagine a NEW crypto with the Name 'Rope' has a trading volume of over 5 millions usd on uniswap. A visit to the website 'https://rope.lol/" has a BOLD Image of a hanging rope with further inscription 'Do not buy it' followed with a grinding face that looked like someone who got scammed.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
In a summary, the webpage is saying. do not buy 'ROPE' you could loose everything and you will regret it. But the reverse is the case. As a matter of fact. this token made 118%
within 24 hours of listing and have a volume of 5 millions usd on Uniswap.
My observation on this. Most people no longer care about the objectives of a project. they just want to Make GAINS.
the days of do your Research is fast diminishing and most market users cared less about what they do with their money that they can invest on a project with BOLD description "this is a scam' as long as there is a return.
i tried to trade the token but after visiting the site, i lost my little sense in trading on uniswap.
BE CAREFUL....
.
It's FOMO. $ROPE was shilled by WhaleBotAlerts dev @icebergy, as a co-developer of the project, and it just blew up.
Is it worth anything? Who knows, i mean there's still alot of shitcoins lingering from 2017 ico craze with a decent price
Yeah, people will spend their money even on a scam project, as long they can get the profit from it.
Personally, i won't take the risk to join scam project even if there is profit on it.
Better safe than sorry, because i think we better to join in legit project than scam project
Yes, everyone has very mature thoughts in terms of choosing projects and investing, maybe for those who dare to take risks on a scam project is just because they want to get rich quickly through the benefits offered by the project, but for people who are always looking for it, of course this is the case. like this they will not, exactly as you say it. Personally, i won't take the risk to join scam project even if there is profit on it.
Better safe than sorry, because i think we better to join in legit project than scam project
Business is all about risk. If you can take the risk with that new project, it favour sometimes no matter the negative things people are saying concerning that project.
There are some new project that are very good to invest and make a great profit than the old project which is very popular to real investors and to the scam investors. Many people are still loosing their money to scammer not knowing that they are scam investors.
There are some new project that are very good to invest and make a great profit than the old project which is very popular to real investors and to the scam investors. Many people are still loosing their money to scammer not knowing that they are scam investors.
People will have their own choice to buy what coin, and I am sure they will analyze before they buy.
Whether people will get scam or make a profit, they will know the consequences because we can only suggest them not to buy a coin, but if they believe that coin or token can give them a profit, we can not do anything.
We need to take care of ourselves and always analyze the coin, so we don't buy the wrong coin.
Related to the @OP mention, I think they will know by themselves, and they will be careful to search for more information about that coin.
The fact is that now few people are interested in what a particular project is doing, the mechanism for making a profit for them so that its token continues to grow in price. Therefore, such information is even difficult to find.Whether people will get scam or make a profit, they will know the consequences because we can only suggest them not to buy a coin, but if they believe that coin or token can give them a profit, we can not do anything.
We need to take care of ourselves and always analyze the coin, so we don't buy the wrong coin.
Related to the @OP mention, I think they will know by themselves, and they will be careful to search for more information about that coin.
If you look at how the cryptocurrency is being advertised now, then it consists of an announcement of the appearance of some kind of token, which, according to unknown experts, will grow in price, which means that it needs to be bought. And many people do it. With this approach, disappointment awaits many.
They don't learn about the project, but they search for what project can give them the chance to make money.
It's happened to the DeFi projects. With many DeFi projects out there, people are trying to buy many tokens from the DeFi projects.
But I don't think they know what projects they bought the token.
We don't have to follow their way because we don't want to get the same experience if the project can not reach success in the future.
We can still search for more information to get the right project to invest.
thats bizzare . not just the description but everything sorrounds the coin is a mystery or mysterious and that triggered the investors to get curious and gets more interested . if this is a scam , they wont put a scam words but a project that wants to scam will try thier best to make their project look authentic .
rope project on here still dont look serious even if we say that they are not really a scam . rope coin was there before but i didnt knew its story , thanks by the way for putting this out .
rope project on here still dont look serious even if we say that they are not really a scam . rope coin was there before but i didnt knew its story , thanks by the way for putting this out .
I'm seeing a lot of posts regarding coins being bad. I think one of the problems here is that the information is not disseminated properly. News about whether a coin is bad or not must reach 95% of the coins. The reason is that there are still hidden gems in these sea of coins. A lot of people are victimized because they're still new, easily falls for traps and misinformed. We must save these people of we want to save this cryptospace.
This has been happening for long now so the Title is just a late for that,though Uniswap is just starting to build their name since the last Pumping.
instead of investing why not report the said project or Enlighten the prospective victims to go away from the said projects?
Anyone that sees all these red flag and still decided to invest in the tokens is going to hand himself soon, because everything is on the wall about what would happed to this token. They are going to pump the tokens then pull rug under the investors, the loss would be so great and would likely commit suicide.
exactly mate because after finding Flags and yet you are willing to risk,then that is a total stupidity.instead of investing why not report the said project or Enlighten the prospective victims to go away from the said projects?
Anyone that sees all these red flag and still decided to invest in the tokens is going to hand himself soon, because everything is on the wall about what would happed to this token. They are going to pump the tokens then pull rug under the investors, the loss would be so great and would likely commit suicide.
Lol, a coin of which the developer itself is saying "do not buy!" is trading at over 0.5 ETH that too with a volume of over $1.6m If they ended up doing a rug pull on investors then everybody will lose big.
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