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Topic: Why I think all crypto is scam - page 8. (Read 2214 times)

sr. member
Activity: 1330
Merit: 289
November 23, 2019, 03:13:25 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.
full member
Activity: 882
Merit: 101
November 23, 2019, 02:31:51 PM
actually roadmaps are important because the roadmap is a project process that will be passed, but the main factor is true, the people behind the project are the main key factors of the project success
full member
Activity: 346
Merit: 100
November 23, 2019, 02:07:05 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

So everything that's happening right now is a scam way to get people to believe in all this. This is very surprising and just thought by me.
We all believed that cryptos might can change our life someday and to be honest it just like a quick money making if we do it correctly.  I believe that peoples will accept cryptos and will be use on all around the world without banning it.if this happen bitcoin and other cryptos will pump up for sure.
hero member
Activity: 2562
Merit: 577
November 23, 2019, 11:58:32 AM
Better to make reference to alts rather than generalizating it, if you say alts are scams i won't argue that excluding btc,  most alts are nothing but empty promises without nothing to offer, the only thing good about alts is to sell at the right time, ones you miss that opportunity, it will hardly comeback, something i have learnt from experience.
jr. member
Activity: 107
Merit: 5
November 23, 2019, 08:40:55 AM
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
sr. member
Activity: 854
Merit: 267
Leading Crypto Sports Betting & Casino Platform
November 23, 2019, 08:08:45 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.
Because that's where the actual opportunity to get a lot of money for them.
Making a fake project and then launching it, once they enter the market they are just waiting for profit taking, no one knows how many tokens they have at launch.
About Roadmap? only 10% can actually go according to the schedule, of which 90% are just an excuse to go on longer and then the project is closed.
full member
Activity: 385
Merit: 100
November 23, 2019, 06:09:58 AM
The bitcoin is a pyramid. When people start working in this business, a few % of them will be wealthy and the rest of them will be miserable.
full member
Activity: 412
Merit: 101
November 23, 2019, 05:40:33 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.
What you say is often the case at the moment, but we also cannot judge all IEO or ICO projects as such, because there are also many good and good projects for IEO and ICO to follow.
Hi Tiang-tower, sorry if I telling anything that make you uncomfortable, but really, IEO and ICO is created for taking money from users. Devs will create a good roadmap, good revision, and many more think to make everything think that this project is good. But but actually, all the money you earn from IEO/ICO is take from another users!! So take care of these shit!
member
Activity: 633
Merit: 11
November 23, 2019, 05:39:47 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.
Exactly man, Many coins are pretending to be a long term but once we ask them if how long their project runs they can't explain all the info. The lesson is we need to know all the way if how long and until when this project exist or what is their plan to say that they are stable. So they can run or scam us anytime they wanted if this after 2 year before to run or 5 years right?
full member
Activity: 412
Merit: 101
November 23, 2019, 05:37:41 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.

Hi Whotheff,
Congratuation!! You passed the FUD and FOMOs test! This is the test use for showing which users is good at checking the project. You know why all projects now have the name : Shitcoin. Bitcoin, also, is a shitcoin. All what devs do is trying for taking money from everyone (Except PAWS, which is use for charity). So better for you is out of Shitto and choose another market to join in like Forex
full member
Activity: 700
Merit: 105
APESWAP
November 23, 2019, 05:00:07 AM
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.
sr. member
Activity: 714
Merit: 254
November 23, 2019, 04:47:43 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.
I believed we should also blame some investors too who invest in those ICOs and IEOs They are always after the juicy bonuses churn out during pre-ICO not minding the viability, reliability and credibility of that projects while the team of those ICOs are after money invariably after raking in millions of fund they would run in thin air thus the project becoming scam this had been painting investing in cryptos in a bad light.
we cannot blame investors, investors also seek profits in that, the bonuses offered by some projects are more than 50%,
and that is the fault of the project itself, why? the system provided is very bad, if they limit investors in taking bonuses it's good,

Majority of crypto were scam that's why we cannot blame the OP and the investors to have this kind of conclusion that crypto is a scam. We cannot force him to believe us, let's just be happy and contented for now that the real projects are the one who are topping in the CMC and those shitcoins are dying, for sure one day CMC will be able to removed them.
hero member
Activity: 966
Merit: 502
November 23, 2019, 04:35:57 AM
Crypto might be regarded as scam because it is largely a profit oriented endeavor where over 90 percent of the developers launch their coins solely for profit, especially in an unregulated space and in most cases in a fraudulent way which entails luring unsuspecting victims to give away their fiat for a blockchain crypto tech assumed to be a major key player in the financial scheme of things of the world bodies in the future. So while I am pro crypto and doesn't subscribe to the saying the crypto is scam, I still don't blame any individual who thinks otherwise
sr. member
Activity: 1890
Merit: 252
The OGz Club
November 23, 2019, 04:33:20 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.
I believed we should also blame some investors too who invest in those ICOs and IEOs They are always after the juicy bonuses churn out during pre-ICO not minding the viability, reliability and credibility of that projects while the team of those ICOs are after money invariably after raking in millions of fund they would run in thin air thus the project becoming scam this had been painting investing in cryptos in a bad light.
we cannot blame investors, investors also seek profits in that, the bonuses offered by some projects are more than 50%,
and that is the fault of the project itself, why? the system provided is very bad, if they limit investors in taking bonuses it's good,
full member
Activity: 1148
Merit: 116
November 23, 2019, 04:02:10 AM
As far as i know IEO projects from gate and binance always end up with 2x upward and investors do gain better profits, i am into these two exchanges only so i can't say much about the rest
full member
Activity: 826
Merit: 100
November 23, 2019, 03:55:54 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.
What you say is often the case at the moment, but we also cannot judge all IEO or ICO projects as such, because there are also many good and good projects for IEO and ICO to follow.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
November 23, 2019, 03:20:57 AM
I sometimes ask myself: if crypto was not considered as a mechanism for making fast money, would it have attracted so much attention? Probably not. Almost the value of coin with USD is every thing. Trading is not wrong thing, USD itself is also traded today. But, USD is used in real life as required, so what about crypto? I guess the answer is no again.

The average person using it to TRADE/find profit quickly I guess that's attracting the attention of many, but not all is aiming for it, many also do have goals such as payment or other.
So we have to look from the other side too.
member
Activity: 278
Merit: 10
November 23, 2019, 02:48:52 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.

It's depends on what ICO/IEo that you joined, there are many ICO and IEO outthere that the price was pumped right after the IEO ends, so i think it depends on the quality and the hype of the project. If the project is good and the exchange who held it is credible (for IEO) i'm sure there are many people hunt it for demands and it will be profitable for the investors

I don't know about the other exchange IEO but mostly i am following the Binance IEO's, most of the coins listed in binance exchange are increasing their prices right after the IEO's. Of course, there are other exchanges which people are investing in IEO's but don't know how far they are getting profit through those exchanges.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
November 23, 2019, 02:32:52 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.
I believed we should also blame some investors too who invest in those ICOs and IEOs They are always after the juicy bonuses churn out during pre-ICO not minding the viability, reliability and credibility of that projects while the team of those ICOs are after money invariably after raking in millions of fund they would run in thin air thus the project becoming scam this had been painting investing in cryptos in a bad light.
member
Activity: 868
Merit: 16
November 23, 2019, 02:29:41 AM
I think IEO and ICO, many of them are scam so its hard to say it will take longer of time. After bounty tokens distribution all of those coins automatically dump, and cant follow the main price of their coin.

It's depends on what ICO/IEo that you joined, there are many ICO and IEO outthere that the price was pumped right after the IEO ends, so i think it depends on the quality and the hype of the project. If the project is good and the exchange who held it is credible (for IEO) i'm sure there are many people hunt it for demands and it will be profitable for the investors
Judging all IEO are scams is not right, you won't see the project appears everyday. But I will agree if all IEO project are shitcoin which mean its price will high before it launched on the exchange but after that its price goes down even it is worthess eventually.

Give me an altcoin which launched through IEO and its prices is stabil, I mean its price still high although it was launched on an exchange? I will be intresting to know it more. Even, I'll buy the coin when the developer make another project.
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