In my recent bounty participation, all is good and i have been paid in all my hardwork. The tokens that i hardly earned is already in my ethereum wallet and the coin is already traded in forkdelta. But suddenly the telegram channel of the bounty shut down and also the forkdelta is delisting the coin. My question is, is this possible that even the traded coin can be end up a scam? as a bounty hunter its not a big loss but im pitty on the part of the investors that nagging that they are being scam. How?
Anything is possible here most especially those traded in smaller exchanges and I think ForkDelta is categorized under this though am not saying that if one is in that exchange then it should be suspected as a scam. The point is that in cryptocurrency anybody can start a blockchain-based or token-based project, get funded, get traded and then slowly let the project die its natural death...then create another project again. This is what scammers are doing and I pity those people who will believe on them and their promises. You see, this is the biggest problem with cryptocurrency it has become so easy for scammers to exploit the platform for their evil intent and for now there is not so much we can do about it except being vigilant and not be one of their victim statistics.
Yes i think this is what happened to me and others that joined this project. It hurt that in reality this is commonly occured and unevitable. I hope there will be some way to avoid this kind of scam scheme in cryptocurrency.