Topic: Worst coins ever. - page 3. (Read 829 times)
How to avoid buying this kind of coins?maybe you can use google to do some research,dont invest in anything you are not sure of to prevent getting rekt.
There's really no clear-cut way to do it. You have to rely on your own logical rationalization as you look at the whitepaper, the route the coin is going, how much of a community is built up around the coin, etc. The biggest giveaways of a bad coin are very poorly thought-out releases or lots of spelling errors, I don't trust any coin that isn't good at presenting itself publicly. Next I look to see if there is a healthy community of people built around the coin, and what other people think about it. If it seems that the coin can be generally accepted, then I start putting in the time to read the whitepaper, roadmap, etc. and see if I like what their plan is for where the coin is going. If all of that checks out, I still only invest if the marketcap & volume are high enough under standard trading practices to be considered good investments. Everyone has their own qualifications for how to invest but this plan of playing it safe has never done me wrong.
Siacoin is number one 
Didn’t Siacoin double in the last week? Seems good to me, but am I wrong?
Read a lot? what are you talking about? If someone reads it doesnt mean that he wont be scammed by someone or just by something.
Far as i know IOTA does not even have their own wallet, and look at them, are they a scammy project? I guess that you are putting a lot of steriotypes in game.
Because they have their own wallet it does not means that they are not scam. Look at bitconnect, they have their own wallet, but they are a ponzi.
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think it is very difficult to find out which coins are ok and which are not. It is very difficult to discriminate. The only way is to read a lot, the infos about the coins, the official web pages, the names of the developers
Far as i know IOTA does not even have their own wallet, and look at them, are they a scammy project? I guess that you are putting a lot of steriotypes in game.
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Do they have developed their own wallet? Is there any address or phone for infos or just a email address and nothing else.All these are difficult but necessary before you spend your money.
Because they have their own wallet it does not means that they are not scam. Look at bitconnect, they have their own wallet, but they are a ponzi.
I think it is very difficult to find out which coins are ok and which are not. It is very difficult to discriminate. The only way is to read a lot, the infos about the coins, the official web pages, the names of the developers (search them too).
Do they have developed their own wallet? Is there any address or phone for infos or just a email address and nothing else.
All these are difficult but necessary before you spend your money.
Do they have developed their own wallet? Is there any address or phone for infos or just a email address and nothing else.
All these are difficult but necessary before you spend your money.
There are pros/cons in each coins,its up to you if you will invest or not thats why you need to do serious researching about the ICO's background.
You need to do your own research especially if you are buying the coin, look at the team, white paper, social media etc....
There are websites like icodrops where you can check for info and rating
There are websites like icodrops where you can check for info and rating
Of the latest examples it's Confido Project.
Siacoin is number one
Yea, the government might be able to trace who owns what coins... but how can we... how can we as regular people avoid buying some centralized piece of crap coin, with absolute certainty.
You can never do so with absolute certainty. You can filter out the obvious scams, though.
If something that is:
a) Promising high returns off your investment for doing nothing
b) Promising new tech vaporware that is probably too good to be true
c) or trying to get you to invest amounts that are larger than actually needed
It's probably a bad coin to invest in, and at best case scenario, a centralized shitcoin. Btcney has mentioned bit connect and i think that's the best example at the moment, massive ponzi that is about to blow up soon.
Yea, the government might be able to trace who owns what coins... but how can we... how can we as regular people avoid buying some centralized piece of crap coin, with absolute certainty.
Only way to do it is to do your research.
One of hte worst cryptocoin scams that i have personally ever experienced was the paycoin scam, the developers offered to put a $20 price floor on the coin but when the entire project turned out to be a scam, the whole thing went crashing down below $20(well below).
There was even a joke coin made by some random guy called paycon, that was worth more than the actual "paycoin".
Also, bitconnect is one of these centralized ponzis that have nothing to do with cryptocurrencies. As i said - do your own research and it's easy to avoid them.
Yea, the government might be able to trace who owns what coins... but how can we... how can we as regular people avoid buying some centralized piece of crap coin, with absolute certainty.
I think no coin worst. Increase and decrease are normally situation. We just wait for many time until the coin rising again. Be patient please 
Yea, the government might be able to trace who owns what coins... but how can we... how can we as regular people avoid buying some centralized piece of crap coin, with absolute certainty.
Deadcoins.com is the hder recipient of the worst coins ever forcibly given upon the cryptocurrency community. Some were always a joke; others became a joke; and others were simply cursed with unfortunate names which meant they never got off the ground.
You will never be sure on 100%. But in internet, many information about ICO and you can choose right project
Yea, the government might be able to trace who owns what coins... but how can we... how can we as regular people avoid buying some centralized piece of crap coin, with absolute certainty.
^ ---- My second question in this thread.
thanks for all the feed back, links, etc...
Is there a way to analyze a block chain and associate multiple addresses with one wallet or ip, to get a better picture of how distributed or not a coin is
Is there a way to analyze a block chain and associate multiple addresses with one wallet or ip, to get a better picture of how distributed or not a coin is
^ ---- My second question in this thread.
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