I think it's also because of the side of the investors because most of crypto investors are just want a quick profits so they will move into many several projects in a short time, that's what make the previous projects are stop developing because they left by the investors because the investors are moving to new project that can produce quick profits.
core team stop developing their projects because they have no idea about their plan in future. there is no correlation between investors and projects stop. we could look at their token sale , they collect much money from this. so if investors left their projects and start selling token, developers team still have many fund in their wallet. it depend on their will , if they give up although still have reserve fund ofcourse they stop it . and ended with exit scam strategy .true developers team will continue although they have limited fund. 
Topic: Why I think all crypto is scam - page 11. (Read 2266 times)
I think it's also because of the side of the investors because most of crypto investors are just want a quick profits so they will move into many several projects in a short time, that's what make the previous projects are stop developing because they left by the investors because the investors are moving to new project that can produce quick profits.
Yupz, you are very popular, a project can develop and success depends on the number of investors, so what should be prioritized for a project is how to attract investors to the project. First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
And it took us two years and millions of investors money, to find all this out, what a waste of time, and money that is why ICO are ignored now, so many coins has become a pump and dump, there used to be a popular trend in the ICO, and these are the exchanged based token because of the success of Binance, now all these exchanged based token are now useless, no traders no volume, cannot even reach the top standing. extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
I think it's also because of the side of the investors because most of crypto investors are just want a quick profits so they will move into many several projects in a short time, that's what make the previous projects are stop developing because they left by the investors because the investors are moving to new project that can produce quick profits.
First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
3 year roadmap and invisible product. Most of crypto are like that but not totally all because there are still cryptocurrency that are usable and they valued their investors. Some of them have product also just like exchange. However, only few projects succeeded when time goes by and even they are all have products they are still dying because of few investment. extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
I think the vast majority are in for a quick grab of money, only very few ones are almost legit although they are still trying to survive so it is kinda hard to differentiate the legit from the non legit projects,
i also think that people are expecting too much from this project withing the shortest possible time hence the reason we are experiencing this size of scam projects everywhere,
any project with no fancy white paper and some elaborate road map, most people don't tend to take them serious, so you can't blame the smart ones who knows how to package properly
i also think that people are expecting too much from this project withing the shortest possible time hence the reason we are experiencing this size of scam projects everywhere,
any project with no fancy white paper and some elaborate road map, most people don't tend to take them serious, so you can't blame the smart ones who knows how to package properly
Having a fancy whitepaper and detailed road map doesn't mean that they are already legit, had some encounters wherein they have massive campaign, they do have great whitepaper that is very actual, or that it can actually answer everything you need to know, they have good road map and it can blow your mind, and they even reached their softcap but still turned out to be scam and they run away.
I think the vast majority are in for a quick grab of money, only very few ones are almost legit although they are still trying to survive so it is kinda hard to differentiate the legit from the non legit projects,
i also think that people are expecting too much from this project withing the shortest possible time hence the reason we are experiencing this size of scam projects everywhere,
any project with no fancy white paper and some elaborate road map, most people don't tend to take them serious, so you can't blame the smart ones who knows how to package properly
i also think that people are expecting too much from this project withing the shortest possible time hence the reason we are experiencing this size of scam projects everywhere,
any project with no fancy white paper and some elaborate road map, most people don't tend to take them serious, so you can't blame the smart ones who knows how to package properly
Undoubtedly, many crypto are scammers. But there are also successful projects that are hindered by some factors, regulators, the price of bitcoin, and so on.
Those are the strategy that they are making, they want to look it legit when their purpose is just to scam.
however, I won't agree with you that all crypto are scam because there are still few that survives until now which they get the people's trust and support.
Take it for example, Binance coin, IIRC, they also had an ICO following the same scenario you've mentioned, but where they are now, they have a real used case of their project, their exchange is very popular and we using it now and benefiting from it.
Yes not all crypto are scam, new projects are most likely to become a scam. Saying a good project on day 1 is too risky, you must test the water first for you not to lose big. If the project extended so many times and keep on promising, then its a scam. There’s a lot of established crypto already and to make money with them is very easy so its not a scam not unless you are fooled and be a victim of scammers.however, I won't agree with you that all crypto are scam because there are still few that survives until now which they get the people's trust and support.
Take it for example, Binance coin, IIRC, they also had an ICO following the same scenario you've mentioned, but where they are now, they have a real used case of their project, their exchange is very popular and we using it now and benefiting from it.
The title is very misleading, I'm going to believe OP and others who agree with him if he said "Most of Altcoin's Projects are scam", because there is only one thing to save cryptocurrency from your judgment, or your conclusion without any solid proof to support your statements;
If all of the cryptocurrencies are scam, why are you guys still here in this forum wearing signature campaign? I mean you could contribute here in this forum without wearing one, but you've chose to wear one. I'd like to hear your opinion about this.
I think the same with this thread, I usually often find crypto projects that hold ICOs by posting fake employee or team photos, I often see their linkedin profiles with little connections that don't even look active or take pictures from Google, it's not very cool, The road map used to be used for investors to see the honesty of the project running on time, but unfortunately many projects that skip it often even delay and make changes to the road map, so many SCAM crypto projects in the previous year, now no longer seen crypto projects with ICO
As time passed by many of us want a legit projects though it takes time to assure everything since scammers are so rampant here in crypto currency community. I believe that there are still legit projects here and even those staffs trying to convince those users that they are legit and work loyalty. I would say much better each of us must attentive and take too much time to research a project that can be supported by many here in crypto currency community.
You are right, all this is meaningless in terms of the implementation of these ideas, if they are not actually used. Mainly, various announcements to improve the project lead only to fluctuations in the value of its coins, and the introduction into the infrastructure of cities and countries does not occur.
yes, they only use fluctuating coin values to get more money. Even though the project developed is quite good and can be a new innovation for the progress of city or state infrastructure. The project is only in the form of a roadmap and objectives that were never achieved. Always provide speculation about the success the project will achieve.
First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
I think your Thread title is confusing and out of context "Why I think all crypto a scam" honestly do you believe all crypto is a scam, and then why are you here at the first place, Buddy we cannot deny that most of the projects today are just copycats and already done by other platforms, But there is a lot of cryptocurrency that brings a true change and true use case that quite beneficial to our time. that's why i don't think all cryptocurrency is a scam. extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
With some points, I agree with you as they extend the project and don't follow the original road map mentioned in whitepaper or website and in 2018 and now in 2019, there are many projects who are still extending the date of trading.
It does not guarantee that the extension of time that has been done will make the project successful. many have done that just so that tokens can be registered but the value obtained is far from the ICO price, so tokens are of no value. it's the same thing. 
You are right, all this is meaningless in terms of the implementation of these ideas, if they are not actually used. Mainly, various announcements to improve the project lead only to fluctuations in the value of its coins, and the introduction into the infrastructure of cities and countries does not occur.
yes, they only use fluctuating coin values to get more money. Even though the project developed is quite good and can be a new innovation for the progress of city or state infrastructure. The project is only in the form of a roadmap and objectives that were never achieved. Always provide speculation about the success the project will achieve. A team of good programmers could develop a blockchain which can replace banks and paper money
I agree on your statement above but except for this. Why ICO projects are in need of marketing people? They need them because they need marketing for the business, they need them because ICO project should have a real project or a physical project. It's not all about programming. If it's a group of programmers then I can consider it as a scam since I'll immediately consider that as a ICO that does not have a physical project. Exactly
A team of good programmers could develop a blockchain which can replace banks and paper money
I agree on your statement above but except for this. Why ICO projects are in need of marketing people? They need them because they need marketing for the business, they need them because ICO project should have a real project or a physical project. It's not all about programming. If it's a group of programmers then I can consider it as a scam since I'll immediately consider that as a ICO that does not have a physical project. 
With some points, I agree with you as they extend the project and don't follow the original road map mentioned in whitepaper or website and in 2018 and now in 2019, there are many projects who are still extending the date of trading.
First there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
Cheers bro 🍺
I agree with everything you reveal, and even the 3-year roadmap isn't 100% sure they will stay alive for work.
we can see a year ago when altcoin ICO has sprung up with their technology offerings and promising roadmaps and what happens now?
Not according to what is on the road map, it was only their goal at the beginning, the rest they did not live up to their promises, and as I know many projects that are not concerned with the road map that is in their project, so it was all just nonsense that they do it.
You say that crypto scam is probably because you haven't found a fixed token that can give you a big profit. and I also admit that most new projects or new altcoins are scams. but if because of this we say crypto scam I think that's wrong. because if we see there are a lot of crypto coins that are not scams and can give us a big advantage, namely the coins that are ranked top. we can make a profit when we buy and sell coins at the right time. therefore we must also always conduct research in order to avoid fraud and false speculation.
I agree with your statement, there are indeed many crypto scams, but not all crypto scams, we must be good at choosing potential coins, so that they can bring benefits later. maybe you choose a new project and bring harm to you, but there are still many traders here who get a lot of profit from the crypto worldFirst there is an announcement, then there is 3 year Roadmap,
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
extended each year with meaningless additions, fake recruiting of
employees, trade interrupts, software announcements, wallet updates, changes
quizes, games, givaways, airdrops, forks, ICOs etc, etc, etc.
I've seen several coins with great tech which is perfectly quick and secure, anonymous (or not) and safe.
They all have mobile wallets and wallets for every OS.
Despite this fact they cannot be adopted. Nobody wants to use them, there is no real need for them.
A team of good programmers could develop a blockchain which can replace banks and paper money
in a month. Another month for testing and another month for setting up nodes across the globe.
The main point behind all this is: who controlls these programmers?
Voilla. it is that easy.That is why I think all these announcements and Roadmaps are bullshit.
Disagree. That is true - most project only for grabing our money. But if crypto scam - than BTC scam. Why we don't say that fiat is a scam? It is only paper even without gold support.
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