Post
Topic
Board Altcoin Discussion
Re: Why Are There Many Projects Like This?
by
martin1221
on 13/02/2019, 11:08:29 UTC
I've been going through some of the latest ICOs and found too much hype but little substance. The worst are those like this and I wonder why there are people in the community doing this...https://cryptoinfowatch.com/the-new-billion-coin-who-wants-to-be-a-billionaire/

Scammers are doing everything to attract potential victims. Normally this is naive people who think they can get very big returns at very little effort. The development and hype of cryptocurrencies have created a world where predator and victims coexist. This is the reason why everyone should be on the lookout for projects that promises the moon to its investors. If its too good to be true, then expect it to be a scam.