Post
Topic
Board Altcoin Discussion
Re: Why people are calling projects as scam when they are in a bear market?
by
BitcoinTurk
on 10/04/2020, 10:01:58 UTC
I kinda noticed that people will just easily call a project scam without even researching about the project, their judgement is solely based on the price and does not consider that most altcoins are affected by the bear market. If they can't change their mentality, this would affect the reputation of the project, this is like destroying a project's reputation in bad times, instead of helping them.

In fact, although this is entirely dependent on people's prejudices, it is also related to the events we experienced in the past. Especially in the period when the ICO frenzy was experienced, unsuccessful projects showed itself only during pricing, which was established as an evaluation method in people's minds. Yes, we can undoubtedly qualify the projects of teams that do not work at the ICO stage and afterwards as scam, but we cannot qualify a project that has an existing and hardworking team as a scam only because of its price. It is not an abnormal situation that many projects are not successful in terms of price, especially if it is considered that there are bad market conditions today. I think it is just a big fool to make a positive or negative criticism about that project without research, without looking at the work of the team and without knowing about the project.