Why did you leave out fake ICOs, that take all their investors' money and vanish into thin air? In 2018, fake ICOs have scammed the most and now people are scared to invest in ICOs. The crypto space being unregulated has made it easier for this people to scam the newbies and amateur investors who are not capable of identifying scams.
Topic: Which are the biggest Cryptocurrency ICO scams in 2018? - page 2. (Read 281 times)
as crytomarket is online based currency, there is a huge chance to got scammed. we should always alert about this scam.
thanks for sharing. this year i face malware scam and this is really radiculas.
Though not really a scam but I think people or media that spreads FOMO and FUD should be listed here too since you have listed pump and dump as a scam. People who spread fear among the market and try to make profit for themselves are the worst kind of scammers according to me.
Scams are the worst drawback for crypto industry this industy will be already adopted oficially by most of the nations by this time if there is not this amount of fraud existed. if we study the statics of last few years the results are shocking, many newcomers & investors are afraid to join beacuse of these scams. if we talk about 2018 ICO scams some names will come first as Paragon, Prodeum, PLEXCOIN, SEELE,ONECOIN and much more.
its undountedly negetive side when scams are found in any systems or exchange.Crypto market not above this scams.If it happens repetedly new bies or new investor fall in doubt to invest.as example we can show some some major scams i.e paragon,SEELE, ONECOIN etc. So i think caefullness is must.
Pump and dump is not really a scam if you ask me. It is rather a way of manipulation and much different from scams. You can easily identify pump and dump cases if you are well aware of the market but in case of other scams there are absolutely no way of identifying them.
There are lots of ICO doing scam. I would like to know the ICO scammers of 2018. According to research, the following are the various types of ICO scams that users should watch out for:
- Malware scams
- Fake exchanges
- Pump and Dump scam
- Fake Bitcoin scam
- Earn Free Bitcoin Scam
- Ponzi schemes
One of the worst has probably been the symmetry fund, but the thing is that even some ICOs that are not really scams do not deliver anything anyway.
Talking about biggest scams in 2018,no need to look far, Ponzi schemes were the largest, they were presented as lending coins paying daily from "trading bots". Bitconnect was chief, worth billions of USD at its peak
I guess Ian Galina becomes scam. His shilling strategy goes wrong way. Even projects like chromaway that looks also like a scam don't wanna have relations with Ian..
I think the biggest fraud experienced is by the ICO, they buy tokens when Presale, PreIco or when the ICO and they are promised the price will be so when entering the exchange but in fact it is not as expected, many tokens fail after the ICO ends and enter the exchange even the price drops far
There different kind of scam happened in crypto world. It is a big threat here all the scam are caused harm. A lot of scam happened. It need to be solved soon and as we have to be careful.
There different kind of scam happened in crypto world. It is a big threat here all the scam are caused harm. A lot of scam happened. It need to be solved soon and as we have to be careful.
The possible biggest ICO scam would be the pump and dump. A lot of people fell for it because they were greedy and did not want to incur a loss. As a result, they believed in the pump, but then the moment they were dumped, it was all gone.
Everyone need to avoid scam projects by analyzing whitepaper properly. If everyone able to avoid scam projects then there will be no problem with scam projects. Expert can help to define the way to define a scam project.
It is a neck and neck position between the ponzi schemes and the pump and dump. But pump and dump would be one of the biggest scams so far, because a lot of the people, the newbies especially fell prey for it.
The pump and dump would be the biggest one so far. A lot of people somehow became an easy target, maybe due to the fact that they are new in the market and at the same time, the market was so volatile that the scammers took this as an opportunity.
Well, we need to be very careful regarding this ICO projects. The rate of scams in ICO projects are increasing day by day. Before investing on any project, at first do your own research and then make a decision.
For me the greatest of these scams are the lending scams: Bitbase, Bitconnect, Ucoincash etc. These scammers made away with millions of dollars of investor money. Same goes for exchange scams.
In this year investors are facing lots of pump and dump because most of the project connects with exchange and projects face value will go so high but it will not provide the pure scenario of the project.
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