Post
Topic
Board Altcoin Discussion
Re: Do you trust ERC20 tokens?
by
cryptoheroin
on 02/05/2018, 17:35:51 UTC
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?
Got eBTC too but luckiliy i dumped those tokens as soon as it hits the exchanges,that is why i am not one of those people who got rekt by that scam,erc20 tokens are commonly used by these ICOs that is why most of these tokens are scams as most of the new projects are just created to raise funds ,after the developers got millions in their pocket they will eventually going to abandon the project.