Post
Topic
Board Altcoin Discussion
Re: Do you trust ERC20 tokens?
by
Btcaivah1
on 08/09/2018, 12:04:32 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?

It is very alarming to say that the current market for ERC20 token right now is full of scam. Many tokens end up declining when it goes out in the market since it does not develop their product.