Quote from: Olatunjex on May 29, 2018, 06:16:46 AM

Quote from: kevingreen on May 29, 2018, 05:41:38 AM

Hello,everyone I think there is an urgent need to end scam in cryptocurrency industry.In other to achieve this there is need to put in place a reputable site that will serve as a symbol of trust in this industry. So that any ICO that does not have the approval of this site will not be trusted. Do you think this can help to eradicate scam in cryptocurrency industry ? Or it can only bring a measure of protection to investor in the cryptocurrency ? Please let's have your opinion

Yes, you have raised a valid point on how scam can be eradicated in cryptocurrency space, if a site is set up where investors can check if the project he/she intends to invest to is legit or scam, it will eradicate the fake project flying around at that more investors will troop in, a lot of them are afraid to invest because virtually most of the projects around are fake. I support your suggestion.

Do you understand that with this method you are not 100 percent sure even. People can fake everything. You can fake positive stats as well as negative ones to pull down the competition... Scams will never end specially here when it is so easy to generate new address for payments with no other history and you are set to find another target. Scams happen all over the place and crypto is no exception we can try to fight it but it is really hard position to be in.