Post
Topic
Board Bitcoin Discussion
Re: Cheaters . who caused the cryptocurrency to go down
by
Edraket31
on 20/10/2019, 16:54:03 UTC
What do you think about the project that spent a lot of money to advertise but was taken advantage of by cheater, I saw a person who created a lot of accounts to cheat and eat over 5000 $, there are really a lot of very good projects. but it is these fraudsters that cause those projects to die. I think there needs to be a company specializing in combating fraudsters. Cryptocurrency can grow
Many cheater use fake account to promote some ICO or IEO project, they take advantage with $5000 for earn money from promoting ICO and IEO, cheater will be every where and you are an ICO or IEO owner have very careful when you promote your project to them, looking trusted person who you can promote your link and give advantage with many investor are interested to invest on your ICO or your IEO.

If a certain project is legit, many real investors will spread their project, so some project doesn't want to do bounties, as they know that hunters will just dump the price, I don't say that hunters are cheaters, as they have been part of ICO/IEO success, but for now, sad to say, projects almost don't trust the work of hunters anymore.
Each company has their own strategies on how they will spread their ICO or IEO. Most preffers bounty because this forum is already big and they are offering social media bounty which has more population compared to this. Having many bounty hunters will result to more publication about their company so more gets interested. Some uses some big personalities to promote.
There are some big project who has real investors that turned out to be a scam, no one is safe from scam in cryptocurrency world unless you understand and research about an company youre going to invest in.
Having a bounty is a good tool to market one project, the success of project is a success of bounty hunters, so for sure hunters are doing their best shot to promote the bounty the are joining as there where some hunters who are also investing in a project once they have seen it's legitimacy.