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Topic: Why I think all crypto is scam - page 7. (Read 2266 times)

full member
Activity: 1130
Merit: 133
November 24, 2019, 06:00:31 PM
I don't think that all of the cryptocurrencies that we have in the market are scam. Even though they are volatile and can change their price anytime with either a huge pump or dump, it doesn't mean that they scam. Only some of the cryptocurrencies are scam because of their effortless movement to their project but you cannot generalize the cryptocurrency as scam because of those factors including making quick money.
we should not generalize all crypto were have same condition. many of them really developt their projects so they could deliver product to their community and ecosystem.  and i agree pump and dump happen due the fundamental that happen in projects internal. investors judges it worthed or not to buy in market. if price increase mean they believe to this projects and vice versa.
sr. member
Activity: 756
Merit: 257
Freshdice.com
November 24, 2019, 05:51:24 PM
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.

This can be observed and applied to many projects nowadays especially in the recent events. Successful projects are becoming more and more rare each time another project fails to reach the main objective of it. It is difficult and sad for bounty hunters to promote projects that he knew would fall in the end.
full member
Activity: 332
Merit: 103
November 24, 2019, 05:10:19 PM
It's sad little attention is paid to project attitudes after ICOs. Forks come from greed because already existing blockchain can be upgraded, for more scalability than forking the chain. The new chain doesn't replace the old chain, it doesn't take the function of the old chain rather it starts a new idea which isn't good for the space.
I like your candid opinion, honestly most project developers are just in for the money. I've been wondering why forks occur when the original  blockchain architecture can be improved. It all boils down to greed like you mentioned. Too many projects sprouting on a daily won't help this space, we need quality projects even if there are few.

They create anyone shit and people just buy into it like idiots. If people are so blind they cannot see it then who is really at fault? People just need to stop giving money to scams that's all that needs to happen.

I see there are still some good projects in cryoto, not all crypto scams, but nowadays most of the bounties that come out are con artists and bullshit when they enter the crypto space so many complain that all crypto are scams, sometimes good projects are also scams because they can't pass certain factors. We have to analyze each new bounty more so we can meet the best
Indeed not all crypto is scam, there is still good project to choose and that’s our own task to assess a project. Actually mostly not worthy project even they had an update their roadmap if no ways to sustain and develop it still ended up failed. Also patience in this journey is our need when we join a project and of course still best to check first to avoid us scam.

There are still good projects but they do not promise infinite wealth and easy and quick returns so people are not interested. They would rather hear unrealistic lies and give in to those lies through total ignorance and greed.
sr. member
Activity: 882
Merit: 268
November 24, 2019, 01:49:51 PM
haha, sound crazy but can not disagree with you though.
some coins like ETH and XRP at first few years, no one believe that they can be success at this level.
but at those years, road map and all promises are fake. so is there anythings real after all?

The difference with now is that the increase in crypto users is also in line with the increasing number of crypto scam investment patterns that emerge, so that large investors choose to be passive for a moment. It used to be more interesting because in the era of uncertainty there still appeared a number of coins with strong potential, Eth was one of them, now everything looks the same because negative facts are too dominant.
sr. member
Activity: 742
Merit: 251
November 24, 2019, 12:57:11 PM
The pure truth is that crypto is a game of scam and many only stick to it just because of the possibility of quick money. The technology we are promoting is transparent and have what it takes to transform the world but human factor of not being able to do the right thing in an atmosphere that doesn't force them to be accountable of their actions is the shortcoming of this industry
Not for a moment denying the fact hat the market is more of scams than trustworthy coins or projects but this does not make the whole digital currencies world a fraud. If ever, this was true, we wont have rich bitcoin holders with us. Scams have become the trend in all spaces of cyber world and only those people fall into such traps who do not give importance to doing own research.
full member
Activity: 826
Merit: 105
November 24, 2019, 11:19:11 AM
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.
haha, sound crazy but can not disagree with you though.
some coins like ETH and XRP at first few years, no one believe that they can be success at this level.
but at those years, road map and all promises are fake. so is there anythings real after all?
sr. member
Activity: 742
Merit: 329
CryptoTalk.Org - Get Paid for every Post!
November 24, 2019, 09:30:20 AM
I don't think that all of the cryptocurrencies that we have in the market are scam. Even though they are volatile and can change their price anytime with either a huge pump or dump, it doesn't mean that they scam. Only some of the cryptocurrencies are scam because of their effortless movement to their project but you cannot generalize the cryptocurrency as scam because of those factors including making quick money.
hero member
Activity: 1582
Merit: 523
November 24, 2019, 03:31:58 AM
I see there are still some good projects in cryoto, not all crypto scams, but nowadays most of the bounties that come out are con artists and bullshit when they enter the crypto space so many complain that all crypto are scams, sometimes good projects are also scams because they can't pass certain factors. We have to analyze each new bounty more so we can meet the best
Indeed not all crypto is scam, there is still good project to choose and that’s our own task to assess a project. Actually mostly not worthy project even they had an update their roadmap if no ways to sustain and develop it still ended up failed. Also patience in this journey is our need when we join a project and of course still best to check first to avoid us scam.
sr. member
Activity: 1876
Merit: 318
November 24, 2019, 03:18:23 AM
In my opinion, people who think that all crypto is a scam, means that they have had a bad experience with crypto. Not all crypto
scam, many crypto are profitable and make investors enjoy profit. Of course, with its many ICO projects a scam creates a negative
effect. Therefore, education is needed for investors. So you can be more careful in choosing crypto or projects.Now many people
hopeless see the development of crypto prices in the market. Indeed a prolonged bearish making stress some investors. But we must
remain optimistic, by choosing crypto that has good potential for investment.
full member
Activity: 560
Merit: 100
November 24, 2019, 02:55:17 AM
Not all are scam but what we have to do is to always conduct our research before failing in wrong hands as some project owners will dump and leave the system to another project so let's always try our possible best not to fail in wrong hands.

Not all, but there are a lot of scam projects, maybe in 100% there is 70% on them that need to be avoided and need to gain more a lot of info's so we will not fail on their hands and make a decision for our self to learn what others experience. scammers are always there to get what they want.
full member
Activity: 770
Merit: 101
November 23, 2019, 09:28:26 PM
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.
You are right but not all coins in crypto market, but new projects. all the top coins have achieved what they promised investors in AMA sessions, such as Binance promised to buy back the coins and burn, they did.
  The problem here is that we should not rely too much on the promises of shitcoins, because the CEOs just want to make money from investors and run away.
member
Activity: 476
Merit: 12
November 23, 2019, 09:23:05 PM
You have a good point. All you said is true. But I think as long as we have a good income coming crypto it doesn't matter if it is scam or not as long as you know how to use it and how to be a beneficiary because of crypto.  We don't need to focus on negative way. But we need to use it as advantage to have a good opportunity.
full member
Activity: 317
Merit: 100
https://leasehold.io/
November 23, 2019, 08:11:37 PM
I do not think many people will be interested in technology, the roadmap of the project. They only care about its value, liquidity and support team. The project of fraud is too much, goes the announced route, does not pay bounty hunters, does not pay investors, ...
sr. member
Activity: 573
Merit: 250
November 23, 2019, 06:47:46 PM
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.
Promising process all investors will like. You are getting angry because you lose something. You will change your mind when bullrun will start. Legit project is doing because they couldn't rise enough funds. You are wrong because few developers can't control everything.
full member
Activity: 780
Merit: 101
November 23, 2019, 05:50:06 PM
Of course, the road map and other documents are nonsense. Now investors don't believe the words for a long time. The success of the project is determined by the work done by the team. Now everyone believes actions, not words.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
November 23, 2019, 05:49:23 PM
I know the very big issue crypto is having is lack of regulation especisl IEO and ICOs as many have been a thorn. Investor have lose interest while those still striving are investing with low amount just to avoid more lost. But through it all crypto isn't a sc. It has elivated many financially all we need us regulation to weed if fake and scam projects.
full member
Activity: 602
Merit: 101
November 23, 2019, 05:35:40 PM
not all crypto is a scam, it is true at this time many projects by issuing crypto themselves and some of them do have some nonsense but some are successful, we need to know that bitcoin is still the real crypto and not a scam
sr. member
Activity: 812
Merit: 262
November 23, 2019, 05:00:16 PM
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.

2018 really did a number not only in the reputation of ICO, but the whole industry of cryptocurrency. Indeed, most project failed and even more are planned to fail in the first place. Yet, there are still few that have great potential in the market but there is no spotlight for them. There are too much for them and too less people in the industry to support all of them.
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
November 23, 2019, 04:29:42 PM
Not all are scam but what we have to do is to always conduct our research before failing in wrong hands as some project owners will dump and leave the system to another project so let's always try our possible best not to fail in wrong hands.
sr. member
Activity: 1330
Merit: 289
November 23, 2019, 02:13:25 PM
It's sad little attention is paid to project attitudes after ICOs. Forks come from greed because already existing blockchain can be upgraded, for more scalability than forking the chain. The new chain doesn't replace the old chain, it doesn't take the function of the old chain rather it starts a new idea which isn't good for the space.
I like your candid opinion, honestly most project developers are just in for the money. I've been wondering why forks occur when the original  blockchain architecture can be improved. It all boils down to greed like you mentioned. Too many projects sprouting on a daily won't help this space, we need quality projects even if there are few.
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