- exchanges that don't give a fuck and are not even hiding blatant wash trading, tape painting and spoofing.
- pump and dump groups with thousands of members on telegram dedicated to inflate the value of the coins of their choice and then dump their bags on poor bag holders who fund their gains before they run the thing to the ground.
- hackers who hack websites, wallets, exchanges, smart contracts
- scammers of all kind
- exchanges that will randomly confiscate your money and then you wait for months for customer support response, criminals
- 99% of icos are blatant cash grabs with no useful product or working prototype whatsoever and they are going to fail.
- miners that waste incredible amount of energy to mine mostly worthless funbux, ruin gpu market and occasionally enjoy cheap, even subsidized electricity while providing pitiful amount of new jobs.
- Crypto investors (speculators) who heavily shill their coins and fight with each other like a bunch of retarded children over whose funbuck is the god and which is worthless trash.
- "captains of the industry" who think they're next Edisons or Nikola Tesla while in fact they're making overpriced pogo sticks at best.
You nailed the main points!- pump and dump groups with thousands of members on telegram dedicated to inflate the value of the coins of their choice and then dump their bags on poor bag holders who fund their gains before they run the thing to the ground.
- hackers who hack websites, wallets, exchanges, smart contracts
- scammers of all kind
- exchanges that will randomly confiscate your money and then you wait for months for customer support response, criminals
- 99% of icos are blatant cash grabs with no useful product or working prototype whatsoever and they are going to fail.
- miners that waste incredible amount of energy to mine mostly worthless funbux, ruin gpu market and occasionally enjoy cheap, even subsidized electricity while providing pitiful amount of new jobs.
- Crypto investors (speculators) who heavily shill their coins and fight with each other like a bunch of retarded children over whose funbuck is the god and which is worthless trash.
- "captains of the industry" who think they're next Edisons or Nikola Tesla while in fact they're making overpriced pogo sticks at best.
Speculators came here to make money and we all know about exchanges which don't care about the safety of the investor funds. ICOs are not safe for the heavy cash investors but IEOs are more affordable to take risky decisions. Unfortunately, we as a crypto community have no power to fix these sides of the industry.