Just leave altcoins alone... the only thing that will be working in first instance is Bitcoin.
This, for the simple reason that you can ACTUALLY BUY GOODS WITH BITCOINS.
It's the most advertised and spread cryptocurrency and will probably stay like that for 5 years, maybe 10.
999 altcoins on 1000 are useless crap, you can't buy anything with them, no matter how better they are technically: if there's no adoption, it's just an experiment.
And the main hurdle for cryptocurrencies at the moment is having them adopted, and the focus is of course on Bitcoin.
Just keep your money or buy Bitcoins.
I hate to agree but you're 100% right. My issue is how is it even allowed on exchanges? Are they keeping their eyes closed while scams like these are running on daily basis or are they playing a part in it?
In all honesty Global coin has no community and according to trex it says that they only list coins that have "good community following". Global thread has only 8 pages so why would trex even consider listing it?...answer is simple...trex or any other exchange would list any coin as long as you're paying them fees..they don't care about scams, non scams or loss of money..hey they're the biggest exchange why do they need to give a sh!t, right? and to make matter even better there is no one that regulates these exchange and pin point scams.
In some way people are to blame for it themselves...if you're getting scammed then it's partly your fault..not because you invested in it but you keep your mouth shut after it has happened..instead hire a lawyer or at least report these exchanges to proper authority so they can investigate wtf is going on behind the curtain of "vote to get your coin listed".
Agree. Scams work because there are people that fall for them.
But situation will get better with time.
Bitcoin will become more adopted, everybody will know it, while altcoins will become just "stuff out there" and only very few people will fall in them.
The situation at the moment is many people think "Bitcoin is a cryptocurrency, altcoins are as well, so they COULD have some value".
This is not COMPLETELY wrong, but it's LARGELY wrong.
Only very few altcoins will have a future. My options are on LITECOIN, ETHEREUM, DOGE, RIPPLE system, but all the rest will burn in the next 5 years.
The more Bitcoin will become solid, the more altcoins will lose reputation.
Maybe not now, not this year, but the next year, when STILL only Bitcoin will be really useable, when you will be able to BUY STUFF only with Bitcoin, altcoins will begin to disappear, probably with a big boom altogether in a couple of weeks.
Here is another "Hero Member" trying to convince people how Globe is not a scam...Is he part of the scam? quite possibly or may be he is trying to get people to buy his bag
we need list of hero members who we can list in hall of shame.
I agree with bitcoin part..in fact I thought things would get better when that "Equinox" scam came out months ago but it seems like things have only gotten worse with time. This is what happens when creating an altcoin gets easier than pissing in toilet
Sad part is these scammers are making money from these scams so there are investors who're investing in these scams that's why these shitcoins keep coming back with new name (Dibbits, Diggits, Globe, Ibits) and more to come in near future.