Post
Topic
Board Altcoin Discussion
Re: Stop shielding Scam,fake, or unproductive altcoins project
by
ven7net
on 19/12/2019, 18:05:45 UTC
With what I can understand what altcoins are now wasn't what they were before, it was more productive, more realistic and made getting on board cryptocurrency more diverse you don't always have to base on Bitcoin.
 But the problem now are different. Everywhere is filled with altcoins the more populated it becomes the More exposed it is to drop in utility.

While all this problems are happening to altcoins we also can part of this issue. Shielding, advocating and support project that are clear to fail for any financial gain or so on.
 By standing with those sort of project you can
+Get investors scammed or regret why they invested
+ Lose your credibility as a cryptocurrency enthusiast
+ Make the altcoin sector become a total joke
And many vices.
Let's become more responsible with our action for a good course

You are absolutely right when you say that you need to stop supporting fraudulent projects, but there is one thing. There are such projects that you can learn about their real intentions only after, for example, selling tokens or the release of their exchange token. In this case, you cannot know or claim that this or that project is fraudulent until you yourself find out about it. Perhaps you mean people who, even with the detection of fraud, are promoting such projects, then yes, they should urgently stop doing this. I really like that many people on this forum will help the community identify fraudsters. I think this is very important and I thank them for their work.