Quote from: uneng on March 05, 2025, 06:01:37 PM

Quote from: Abiky on March 01, 2025, 01:29:26 AM

Will people ever learn from "meme" coin scams? What will it take to put a stop to this madness?

I believe people who have already been scammed or exposed to scams have more chances of learning to not fall for further similar schemes in the future. It means investors who are already part of this industry are prone to learn with their own mistakes.

However, there are always newbies starting their journeys in crypto industry all the time, so this public is the most likely one to fall for the scams of the next bullish cycle. That is why we never get rid of scams. There are always new schemes, because there is always new people getting in touch with them for the first time.

It's not even newbies only that fall for scams, the ability of a scam is that it convinces you that it is not a scam and if they do a great job of it then they can convince even some veterans to bu. I have seen people who have been here for 5+ years that fall for some scams, because to be fair and honest the scam looked pretty legit and promising.

To be fair, even this whole new Trump coin was a "scam", if anyone else did it, we would all be calling it a scam, but because it's Trump, "some" people keep defending it. Reality is, we just saw some use their fame, to create a memecoin, sell it, and then take the money and leave, nothing more. In other projects that would be a scam. So believe me, plenty of veterans fall for it too.