Why Are There Many Projects Like This? - page 3.

Westinhome

hero member

Activity: 1652

Merit: 518

Quote from: uniquark on February 17, 2019, 05:57:22 PM

Quote from: Westinhome on February 17, 2019, 07:04:52 AM

Yes they are some ICO's are great to introduce about their project but in the end are going to scam to those people are blind in crypto. So on that reason maybe we should svoid if we think it is a scam are ask to those expert in crypto.

They scam by greedy investors who wanted to make quick profits from ICO. But at the moment those investors have lost almost completely and left the market. Most of the ICO scam can't get investors' money as easily as before

Yes that's true to those greedy investor are the one be losing of their money for investing to those ICO's that not have totally be going success. As of now have so many ICO's are have some great background but we need to be careful always or ask to those expert in crypto.

jpnl0008

jr. member

Activity: 364

Merit: 1

Its always the act of scammers who are only interested in making people invest money only for it to be later discovered as scam and only those who are greedy will fall into such traps in order to make huge profits thats why investor are advised to make research

semobo

full member

Activity: 1498

Merit: 146

Quote from: joseyphil82 on February 23, 2019, 01:03:58 AM

I'd stay away if I were you,that is a huge sign of scam projects that has nothing to offer other than tricking innocent people to buy and go away with there hardearned cash ,for any newbies that is listening please stay away from coins that has so hype and not available on many exchanges I'd suggest you buy coins that are very popular to avoid getting scammed

But when it comes to new project we may not know it is popular or not even if it is popular the chances of reaching into exchanges are less so completely avoiding the ICO investmens until they get enough knowledge about evaluating the projects is the advisable things for newbies.

Papcio77

sr. member

Activity: 841

Merit: 251

Those are kind of people who don't care about investors and hard earned money of rich and poor people. What important to them is they can snatch some funds from different people that will fall on their sketchy scheme. Some people got fooled by them and probably not going to invest with crypto anymore. See what those tugs doing to the future of crypto? Putting some dirt on its idea by scamming people.

joseyphil82

member

Activity: 742

Merit: 16

I'd stay away if I were you,that is a huge sign of scam projects that has nothing to offer other than tricking innocent people to buy and go away with there hardearned cash ,for any newbies that is listening please stay away from coins that has so hype and not available on many exchanges I'd suggest you buy coins that are very popular to avoid getting scammed

Dimas99

sr. member

Activity: 854

Merit: 251

Quote from: tycsols on November 11, 2018, 01:57:51 PM

These are just due to greedy people and scammers that want to cash in on the rise of ico trend that is why thorough analysis of each ico is very important before investing into an ico, if you see anything bad simply do not invest and move on.

nowadays there are many ico projects that end in fraud and it is probably true that what you say is a lot of people to get personal benefits and harm many people and for now we have to be more careful and careful in choosing profitable ico projects

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Believe this kind of ICO or project will not pass the community standard we have people actively tracing scam sites and we all know if you are promised with this kind of sum by holding and if the promised is to good to be true then it's likely a big scam in the tradition of ponzi scheme.

chanc3r

sr. member

Activity: 952

Merit: 253

Quote from: Bitcoin_Arena on November 11, 2018, 05:40:30 PM

It's because ICO's are an easy way of collecting over $10 Million from unsuspecting victims by just showing them just a mere typed document of 50 pages(white Paper) and a bunch of passport photos of random people but we can reverse this. we should aggressively fight scam and keep exposing all of them. lately people are getting enlightened.

OUR TEAM EXPERIENCE: 30+ years of experience in Cryptocurrency 😂 😂 😂

That is just ridiculous and the sad thing is that some people will still invest because they are lacking the knowledge about bitcoin. qhat they know is putting some of money and expecting that it will turn double or triple within few weeks while in fact that is just a wishful thinking.

beerlover

legendary

Activity: 3038

Merit: 1188

Quote from: izanagi narukami on February 17, 2019, 07:20:55 AM

Well, we can't do anything because all crypto are open source to public so every people have their own right to develop their own token.
When they offering ICO , make sure that you have select the correct one before it's too late.

It's difficult to find a great over thousand, but you can earn great profit !

Yes, this is the major problem of open source system. I hated this since we did start having many flours of Linux operating system. In my knowledge unix and then Linux is the first open source system and now a days every mobile phone manufacturer started to develop their own customized platform on android base. Android is another known open source based.

I guess there will be nothing wrong in having these many tokens or coins. But having them with duplicate purposes must be a big head ache for any investors and traders.

daporivera

jr. member

Activity: 402

Merit: 4

I noticed something similar too. They are tons of projects been launched everyday and the good thing is you get to select the project you are interested in and obviously has growth potential. Not all project out there are worthy of investment as moat of them work so hard to hype the project so you can invest in them. Watch out for such project as it is the easiest and saddened way to loose your money to some shitty project.

dante1265

newbie

Activity: 36

Merit: 0

Everybody want a piece of the pie

elenka n

jr. member

Activity: 294

Merit: 1

All people are greedy in their own way and try to achieve their goal using different methods, the creation of such projects is one of them!

Zulfiyan

member

Activity: 360

Merit: 10

Quote from: gowobonyok on February 21, 2019, 02:52:31 AM

because it is very easy to make ico, even for fake projects that use smart contract etherum. so don't be surprised if there have been many fake projects. for the future, Etherher should evaluate.

yes you are right, now there are so many ico whose ranks are high but eventually end up scam
that's because they might work with insiders to set up their ICO rating

defoman

jr. member

Activity: 448

Merit: 2

Such projects are designed to deceive people who in the pursuit of quick profit forget that there are a lot of scams in the crypto space. So I encourage everyone to study the projects and conduct a thorough analysis before you decide to invest.

gowobonyok

jr. member

Activity: 490

Merit: 2

because it is very easy to make ico, even for fake projects that use smart contract etherum. so don't be surprised if there have been many fake projects. for the future, Etherher should evaluate.

uniquark

sr. member

Activity: 533

Merit: 250

Quote from: Westinhome on February 17, 2019, 07:04:52 AM

Yes they are some ICO's are great to introduce about their project but in the end are going to scam to those people are blind in crypto. So on that reason maybe we should svoid if we think it is a scam are ask to those expert in crypto.

They scam by greedy investors who wanted to make quick profits from ICO. But at the moment those investors have lost almost completely and left the market. Most of the ICO scam can't get investors' money as easily as before

izanagi narukami

legendary

Activity: 2030

Merit: 1028

Well, we can't do anything because all crypto are open source to public so every people have their own right to develop their own token.
When they offering ICO , make sure that you have select the correct one before it's too late.

It's difficult to find a great over thousand, but you can earn great profit !

Westinhome

hero member

Activity: 1652

Merit: 518

Yes they are some ICO's are great to introduce about their project but in the end are going to scam to those people are blind in crypto. So on that reason maybe we should svoid if we think it is a scam are ask to those expert in crypto.

jvdp

hero member

Activity: 1148

Merit: 523

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Quote from: kingpin4321 on February 17, 2019, 04:56:43 AM

One way I observe in detecting a scam or fraud initial coin offering
Is that when the project offers some mouth watering unrealistic objectives icos that does this most often end up to be a fraud

It is your observation in crypto platform because we are not believe all the projects so be careful ourself is the best way to accumulate these things. Some fraudulent ICOs are available in the market but can reach the proper way surely we will find the right direction. So we must improve the skills in the crypto platform.

kingpin4321

member

Activity: 280

Merit: 14

One way I observe in detecting a scam or fraud initial coin offering
Is that when the project offers some mouth watering unrealistic objectives icos that does this most often end up to be a fraud

Topic: Why Are There Many Projects Like This? - page 3. (Read 1012 times)