I don't trust anything enough to get fooled after it turns out to be a scam after the fact. I believe ALL projects are scams at first and I let everyone use the project and talk about it and like it or hate it and then I go in, so I use people as my shield, I put their money in danger and watch them react to it first. That is how I do not get scammed but its not a method that would work for everyone since if everyone acted like me then there wouldn't be anyone to try it.
I still suggest everyone instead of going into a project hoping you will be an early bird and make the most profit just let it get old, let it be whatever it is first and see how people react, only go into it after people say its a legit place. It has helped me so far in my life and I am sure it would help you as well.
Topic: When Do you realize a Crypto project is scam or Fraud? - page 9. (Read 7822 times)
At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?
There are many ways to identify a project is a scam or not. I am first taking a look at the composition of its team. Are they the real team compose of experts in the field of blockchain and development? You can also check if there are many excuses the team is making to avoid any questions regarding the continuation of the bounty. Are you checking the whitepaper? Is it practical to meet the soft or hard cap for the project? Is the hard cap too much to reach the target goal of the team? It is up to you to research other reasons to say it is scam or not.
Projects are good and not too difficult to predict because in the future developers sometimes leave the project halfway.
Therefore we must now know who the new project developer is by seeing team members and whitepapers to see good projects.
Right now we can see the IEO running well and this is a good investment method because the coins have been registered in crypto exchanges, but you need to look at the project details carefully before you invest in ICO or IEO
Therefore we must now know who the new project developer is by seeing team members and whitepapers to see good projects.
Right now we can see the IEO running well and this is a good investment method because the coins have been registered in crypto exchanges, but you need to look at the project details carefully before you invest in ICO or IEO
At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?
We can know if it is a good project or just a scam project by simply stalking the teams behind it. Mostly, they are just introducing fake teams which is very suspicious. Also, when it comes to the ICO, the team always postponing some events like token sales, token distributions, private sales, etc. We can spot the unsincere projects right away. They also been leaving their subordinates hanged and did not responses with all the queries.
How sad, but the truth is most of the projects nowadays is just being created to fund raised money and then run away with it.
The moment the team doesn't respond to questions asked on their telegram page, you can easily sense something is wrong. Some of them too will take a long time before tokens are distributed. Others too will request that you send some money to their wallet before you receive their tokens..all these are signs of scam projects.
Waiting for a long time will be boring because it is also uncertain that it will be okay, now it is very easy to see the scam criteria, namely by always seeing the updates provided by the team, if they do not care about the project we will not get the latest information.
I believe that the development team should keep in constant touch with the community and report on their failures and how they are planned to deal with them. If developers do not engage in dialogue with the community, they will not receive any support and any failures will be perceived by a flurry of criticism. The project roadmap must be followed otherwise everyone will decide that your project is scam.
well, developers and founders of projects should take part in discussing the development of the platform they are building, but many project founders are expelling themselves when they get money from investors, they run away as happened in some scam projects. 
At the first stage it is very difficult to distinguish a normal project from fraud, all have their own criteria differences, but the most important is to check the project team, check each of its participants, see if they have the technology, where their office is, that sort of thing!
even though it seems convincing in our opinion sometimes those with perfect teams can also run away with our money. because I have participated in campaigns with good managers, even projects using escrow in sending all bounty participant payments. they send their coins but after the distribution is done, in fact they just leave the project. then what should we do?
At the first stage it is very difficult to distinguish a normal project from fraud, all have their own criteria differences, but the most important is to check the project team, check each of its participants, see if they have the technology, where their office is, that sort of thing!
It's very easy to find out a fraudulent project. Not so difficult. Firstly, a project can promise you huge profits as well as listing on top exchanges. Secondly, such projects often give you huge bonuses for selling tokens at a loss as well as in their social networks. announcements.
it does not guarantee that the project is a scam. if you look at 2017, then you will see so many ICOs offering huge bonuses for their sales. but in reality they can still develop. but look at the current conditions. Wait, I'm very difficult to find a project scam. 
as drawing on chart gives with least on difference with beginning nominal on value and works with service delivery to put with worse on reference on users with the involvement on business with the company of developer.
Personally, I look at the fact that the team fulfills its conditions. As soon as the conditions are not observed, this is the first signal that the project has problems. Of course there are moments when something goes wrong and then the team still solves these problems and everything ends well. But let's be realistic, if you are going to launch the project and it has already passed some way, could you really make a mistake or a miscalculation? Not sure! Each project is launched with specific goals, some actually create a product and services, while others simply raise money for themselves. Unfortunately, fraudsters have learned how to disguise their projects perfectly and it is often difficult in the early stages to determine whether it is a hoax or not.
It's very easy to find out a fraudulent project. Not so difficult. Firstly, a project can promise you huge profits as well as listing on top exchanges. Secondly, such projects often give you huge bonuses for selling tokens at a loss as well as in their social networks. announcements.
I believe that the development team should keep in constant touch with the community and report on their failures and how they are planned to deal with them. If developers do not engage in dialogue with the community, they will not receive any support and any failures will be perceived by a flurry of criticism. The project roadmap must be followed otherwise everyone will decide that your project is scam.
Most projects after the call phase always have a quiet time and they don't regularly update many new news and that's how to confirm that project is scam. I think investing in these projects is really risky and you need to consider carefully when participating because the community can decide up to 70% of the success of the project and if no one works in media then stay away from that project
I believe that the development team should keep in constant touch with the community and report on their failures and how they are planned to deal with them. If developers do not engage in dialogue with the community, they will not receive any support and any failures will be perceived by a flurry of criticism. The project roadmap must be followed otherwise everyone will decide that your project is scam.
If someone really study well the whitepaper you will know most importantly check maybe the project have product they are selling .
Now the projects have learned how to make very good whitepapers, so their study does not guarantee the success of the project. the main thing that is needed is a strong team and then any idea will be implemented 
At a point the team start given excuses to abide by what they promised to do or stop communicating with the community then I can sense the project is scam. How do you determine a project is gone bad and won't fulfil it promise? What criteria do you use ? or you wait for years thinking all will be well ?
Do you mean the team are placing the community under some condition or the team stop communicating with the community, that is a redflag somehow, the community gave them fund without the community the project can not exist.
If someone really study well the whitepaper you will know most importantly check maybe the project have product they are selling .
I also think if they claim that get million of dollars and the coin is selling too low under the ICO sale then is a sign that is a scam or a project where team claim that has been hacked and the coins are dumped then is a scam.
Yap you very right! If the team claim he get a million of dollars but they can't give proof (Contract address) to the investor then they absolutely scam, after the crowdsale they will sell their coin immediately and claim that has been hacked or something else.
I also think if they claim that get million of dollars and the coin is selling too low under the ICO sale then is a sign that is a scam or a project where team claim that has been hacked and the coins are dumped then is a scam.
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