Post
Topic
Board Altcoin Discussion
Re: Too many project SCAMS - PLEASE CAREFUL
by
Dump3er
on 10/05/2021, 12:16:33 UTC
By the end of 2020, along with the strong growth of Bitcoin, some people used the trust of many to scam.
For example:
- Create virtual projects,
- Create virtual tokens,
- Create an investment website for the purpose of calling for investment,
- Create an airdrop that calls for people to deposit fees to pay tokens
- ....
Everyone should be careful when participating in projects like that.
Thank you so much.

Your statement is also a warning to many people to continue to be careful and be aware of fraud in a project. and that happened a lot in 2020, in my opinion since 2021 there are not as many scame and fraudulent projects as you meant. but we also need to be careful about it.

2021 is rarely heard of fraudulent projects, but nowadays many BSC tokens are just shitcoin,
of course that is also a category of fraud, yes small scale fraud, because we have to be smart about choosing the fundamentals of the BSC token project,
remember Safemoon? look at the price of safemoon dropping dramatically, so be careful when choosing a token

It's true as you say, the con artists are only taking chances in what is booming. now we can see for ourselves that binance is booming so that Sipenipu takes its benefits on behalf of Bsc so as to harm other parties. not only now, in early 2021 when the price of bitcoin skyrocketed a lot of parties on behalf of the investment they made in bitcoin, they tried to invite and influence other people to join in their investment, causing others to lose and create distrust of the currency virtual. My hope is for anyone not to easily believe the lure like that

True but over the years the space matured quite a bit and investors are well aware of the fact that there are scammers out there. In 2016 2017 2018 they just pumped out white papers, got their coins or tokens listed, sold the presale coins themselves and vanished.

Even teams that were not anonymous scammed the hell out of the space. Too sad really...