UNISWAP MADNESS | Bitcointalksearch.org

shinratensei_

legendary

Activity: 3080

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: Bitbtc8 on August 18, 2020, 02:15:03 AM

Uniswap is now a haven of scam tokens and coins because it's a popular dex and it's easier to list any token on the dex exchange without needing any fund or regulations that are present on centralized exchanges, people should be careful around uniswap

it's caused by uniswap has the same mechanism with the dex in the token listing. When you know the contract of token and you can add it to trade the token.

The swap service adopted the idea from the dex but the developer has tried to make it as a lite version of dex by eliminating the trade fees. It's not a big surprise to see there are some scam tokens on uniswap.

What people need to do to verify the contract before try to trade on uniswap.

Uniswap is so hot right now.

Crypto_lion

member

Activity: 630

Merit: 11

NEW MEDICINE:Faster, Safer, Smarter

More people are gonna get their hands burned looking for a quick 10x in uniswap. There are so many projects getting listed and most of them just have a website and don't even have their team listed. Receipe for disaster.

pathapoddo

full member

Activity: 448

Merit: 100

CRYPTOCITIZEN $CCASH

Actually projects are using Uniswap to get investors and price pump for there projects. Uniswap isn't checking the project is it real, or scam. They just listing any project which is ready to agree with their term and conditions. Most of the project on Uniswap now a days never heard their name ever. It's actually become a heaven for the projects which is willing to do scam with the investors.

Akoldi_ibk

jr. member

Activity: 1050

Merit: 1

Uniswap is a perfect place for the good and the bad projects. It is a platform of free listing, buying and selling. No one to hold anyone responsible for whatever resulted of their action on the platform. It might not be perfect yet, but it is close to a kind of DEX that people have been clamouring for. Scammers will always take advantage and explore every loophole to scam people and this is the major bad that accompanied Uniswap. The experience should know better and trend carefully. My fear is simply for the newbies who have no idea the evil lurking presently in the Uniswap/DeFi hype.

ife2020

member

Activity: 579

Merit: 13

Are you kind to your neighbor? Think it through

Nothing is wrong with uniswap, but instead i think uniswap is a proper home for all altcoins, uniswap also allows massive pumps and dumps. If you go through trades on uniswap, you will see it for yourself. Just make sure that you do your proper research, buy and sell os not a child's play

Claudio99

member

Activity: 210

Merit: 10

Sovryn - Brings DeFi to Bitcoin

Uniswap is a decentralized platform that works like idex, any team or people can list tokens on the exchange and change the tokens into other coins, this is why scammers plan on using Uniswap for tokens that aren't exiting legally

JungleOnion

sr. member

Activity: 868

Merit: 279

Most of the coins that are on uniswap are even holding the concept of being a "crypto game" "social experiment" so they aren't a real project with a real use case. They literally are a psychological experiment to test greed and fear that's all so if you want to play the game go ahead at your own risk knowing that as you can earn 200% in a day you can also lose 90% in a day.

Squezzi55

member

Activity: 266

Merit: 11

There are many scam tokens available on uniswap as we speak, some are even copycat of few available real tokens and those who don't have enough patience to do research on a real project smart contract will think it's same coin and buy but later they will realize that they got the wrong token

Bitbtc8

full member

Activity: 1148

Merit: 116

Uniswap is now a haven of scam tokens and coins because it's a popular dex and it's easier to list any token on the dex exchange without needing any fund or regulations that are present on centralized exchanges, people should be careful around uniswap

MonsterV

legendary

Activity: 2212

Merit: 1008

Quote from: BitTraderCute on August 12, 2020, 06:30:39 PM

uniswap now full with unknown project that we didnt never heard it before. there is some one come to uniswap gem discussion group and spill project, and suddenly price rise 10x or even more of that. in my opinion its new game in crowdfunding , and risky what the accident in 2017 could happen again where are many investors loss their money into shit token. NEXE , NUGS and then Realgame and mayb YAM too.

just like when 2017 that time etherdelta is very hype and very much a new unknown token list and trade on this DEX, but now etherdelta or forkdelta is surviving with people contributions on thier donations wallet because to many people losing thier money buying shit token from their exchange and leave the DEX, if no one are intrested to donate on their monthly donations wallet the exchange will shut down, its only hype for a while and the hype will gone if to many scam project show up and use thier exchange to scamming people by creating volume, just be carefull because to trade on uniswap dont really need listing procceds.

X-ray

hero member

Activity: 2800

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Indeed the uniswap madness is getting higher, it's is only proper that investors and everyone looking for quick gain to know, I was even aware of the nexe buyback before they pull the rug,just yesterday another one Riza also did that,so investors should be careful,if you must then do proper research,not just some faceless team,and invest what u can risk.

Do you know about keysians? that's getting a very huge return on uniswap and it looks like people have already started to use this swap service as a game changer right now. I personally investing in some tokens that have already traded on this swap service and all are going so well.

jostorres

hero member

Activity: 2464

Merit: 585

Eventually all of this will die down and people who got in last will lose almost everything, some of them will lose everything and people will learn from their mistakes and will not get into it. We all fell into that ICO period, maybe not few of us but almost everybody was investing into ICO during the peak times, we are talking about billions of dollars per month type of huge investments, even bitcoin doesn't get that type of investment I guess.

However we know better now don't we? Which means eventually we are going to realize that defi is a thing that should not be overreacted and will eventually go away, that is why I think it is quite important to focus on the later stages where everyone will stop, but do keep warning them if you want to, it will end one way or another.

Zeehaxan

member

Activity: 294

Merit: 10

WhalesHeaven - Custody Free Swap Exchange

Quote from: MrMojoRising26 on August 12, 2020, 06:00:11 PM

As someone who was here for the ICO craze of 2017 with tons of people exit scamming on investors I thought I would give some advice to those chasing crazy gains on uniswap. Over the past month or so we have seen crazy gains on uniswap with 100x returns on some projects so it is easy to be sucked into it, but you need to realize most of these listings have not gone through the ICO regulations which means they can just rug pull at any time leaving you with a worthless token. A few days ago NEXE, and NUGS to name a few just vanished after dumping on holders. You will notice most of these token creators like to remain anonymous which is a big red flag. You need to realize anyone can make an erc20 token and list it on uniswap then create a web page with copy and pasted info from other legit projects and throw the word defi in there. With the SEC involvement with ICO's launching that is actually a better thing for investors to hold the token creators accountable making it less likely to have them vanish with your money. In 2017 lots of ICO's did not go through the SEC regulations, but now they all have to or risk jailtime. Some will listen some will play the game and get burned, and some will make crazy returns. I personally think you are better off just holding ETH or buying into a project that went through a traditional ICO. Good luck out there and stay safe!

So what are the latest developments and news in the crypto space. In my eyes 2 of the biggest ones are:
Defi deposits growing continuously and reached over 6 billion already.
Dexes and swapping platforms are now dominating the market especially with reference to the volume.
Uniswap seems to be the leader at the moment and with bull run i think its dominancy will increase further.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Phoenix_PROG on August 15, 2020, 03:35:05 AM

There is no one to put blame on since uniswap is a decentralized exchange, for all those who hated centralized exchanges I hope you guys are seeing this right now?

It's impossible that this exchange just growned out of nowhere , there should be a person that created it like any other sites that we see online but it's not his fault alone because it's also the fault of those who create scam and low quality coins . There aren't many people hate centralized exchange but centralized coins yes .

Quote from: Phoenix_PROG on August 15, 2020, 03:35:05 AM

Any tokens or coins can be sold on uniswap even if there isn't any official listing of the coins and tokensap

How's that possible . ? in what price can we know the worth of our coins if they can be sold without even listing them yet

Zackgeno96

hero member

Activity: 1778

Merit: 520

Quote from: ?? on ??

Indeed the uniswap madness is getting higher, it's is only proper that investors and everyone looking for quick gain to know, I was even aware of the nexe buyback before they pull the rug,just yesterday another one Riza also did that,so investors should be careful,if you must then do proper research,not just some faceless team,and invest what u can risk.

Not everyone in the trading business knows this kind of things, many are just innocent people who want to invest in a project that can double or maybe make their money 10x or 15x in a matter of a week, so they are actually greedy to invest into these kinds of uniswap listings and without any regulations in place for these kinds of tokens, the developers are also making a bank by scamming people money on these kinds of tokens and they will always try it until there is any regulation in place for the DeFi tokens.

alisonwonder

sr. member

Activity: 882

Merit: 251

Quote from: bigcash2011 on August 17, 2020, 10:22:18 AM

Quote from: MrMojoRising26 on August 12, 2020, 06:00:11 PM

As someone who was here for the ICO craze of 2017 with tons of people exit scamming on investors I thought I would give some advice to those chasing crazy gains on uniswap. Over the past month or so we have seen crazy gains on uniswap with 100x returns on some projects so it is easy to be sucked into it, but you need to realize most of these listings have not gone through the ICO regulations which means they can just rug pull at any time leaving you with a worthless token. A few days ago NEXE, and NUGS to name a few just vanished after dumping on holders. You will notice most of these token creators like to remain anonymous which is a big red flag. You need to realize anyone can make an erc20 token and list it on uniswap then create a web page with copy and pasted info from other legit projects and throw the word defi in there. With the SEC involvement with ICO's launching that is actually a better thing for investors to hold the token creators accountable making it less likely to have them vanish with your money. In 2017 lots of ICO's did not go through the SEC regulations, but now they all have to or risk jailtime. Some will listen some will play the game and get burned, and some will make crazy returns. I personally think you are better off just holding ETH or buying into a project that went through a traditional ICO. Good luck out there and stay safe!

Trustswap, Dia and some others have really utilised uniswap well but obviously the quality of the project and the competency of the team is what that still matters and investors went crazy following good projects because of the expectations of the bull run and most have already made killing gains but looks like this trend will continue.

hard to believe at this time the price of many cryptocurrencies has gone up and it is evident from bitcoin that continues to increase in price and if this happens continuously then all cryptocurrencies will recover and many projects can get a lot of profit, especially projects that are ongoing will be a lot of success.

AbuBhakar

hero member

Activity: 994

Merit: 520

🇵🇭

Quote from: Anonylz on August 17, 2020, 09:42:43 AM

There is nothing wrong in joining the train to earn quick profit but don't be caught up with bag of shitcoins because you are trying to play the hold game, most of this project coming up so suddenly on uniswap are for short term gains only so anyone who is wise enough can make quick profit and get out, holding those shit coins will be a big mistake, only invest on project with real team and years of experience.

This a matter of being active in monitoring each projects they will put their investments, to take the hype and to ride is fine as long as they are able to get out when it start to sink, the hype of DeFi s like an ICO craze that only those legit projects with concrete plan and product was able to survive up to now.
Those who lose a lot from many ICO before or those who are not able to cherish their bounty reward before as the price after BTC ATH affects many shitcoins should already know how to monitor their portfolio now if ever they invested in DeFi projects,we we're not sure we're the hype ends or if there still more.

bigcash2011

sr. member

Activity: 1442

Merit: 265

Quote from: MrMojoRising26 on August 12, 2020, 06:00:11 PM

As someone who was here for the ICO craze of 2017 with tons of people exit scamming on investors I thought I would give some advice to those chasing crazy gains on uniswap. Over the past month or so we have seen crazy gains on uniswap with 100x returns on some projects so it is easy to be sucked into it, but you need to realize most of these listings have not gone through the ICO regulations which means they can just rug pull at any time leaving you with a worthless token. A few days ago NEXE, and NUGS to name a few just vanished after dumping on holders. You will notice most of these token creators like to remain anonymous which is a big red flag. You need to realize anyone can make an erc20 token and list it on uniswap then create a web page with copy and pasted info from other legit projects and throw the word defi in there. With the SEC involvement with ICO's launching that is actually a better thing for investors to hold the token creators accountable making it less likely to have them vanish with your money. In 2017 lots of ICO's did not go through the SEC regulations, but now they all have to or risk jailtime. Some will listen some will play the game and get burned, and some will make crazy returns. I personally think you are better off just holding ETH or buying into a project that went through a traditional ICO. Good luck out there and stay safe!

Trustswap, Dia and some others have really utilised uniswap well but obviously the quality of the project and the competency of the team is what that still matters and investors went crazy following good projects because of the expectations of the bull run and most have already made killing gains but looks like this trend will continue.

bttmember

member

Activity: 938

Merit: 13

AMEPAY

Quote from: MrMojoRising26 on August 12, 2020, 06:00:11 PM

As someone who was here for the ICO craze of 2017 with tons of people exit scamming on investors I thought I would give some advice to those chasing crazy gains on uniswap. Over the past month or so we have seen crazy gains on uniswap with 100x returns on some projects so it is easy to be sucked into it, but you need to realize most of these listings have not gone through the ICO regulations which means they can just rug pull at any time leaving you with a worthless token. A few days ago NEXE, and NUGS to name a few just vanished after dumping on holders. You will notice most of these token creators like to remain anonymous which is a big red flag. You need to realize anyone can make an erc20 token and list it on uniswap then create a web page with copy and pasted info from other legit projects and throw the word defi in there. With the SEC involvement with ICO's launching that is actually a better thing for investors to hold the token creators accountable making it less likely to have them vanish with your money. In 2017 lots of ICO's did not go through the SEC regulations, but now they all have to or risk jailtime. Some will listen some will play the game and get burned, and some will make crazy returns. I personally think you are better off just holding ETH or buying into a project that went through a traditional ICO. Good luck out there and stay safe!

Other than the new projects getting big profits on uniswap I like uniswap as a trading and swapping platform, I love it how it tells us the instant price and we do not have to place sell limit orders and then wait for them to fill, I have to say that the platform is addictive and the more i use the more i like it.

Anonylz

hero member

Activity: 2562

Merit: 577

There is nothing wrong in joining the train to earn quick profit but don't be caught up with bag of shitcoins because you are trying to play the hold game, most of this project coming up so suddenly on uniswap are for short term gains only so anyone who is wise enough can make quick profit and get out, holding those shit coins will be a big mistake, only invest on project with real team and years of experience.

Topic: UNISWAP MADNESS (Read 559 times)