New coin are scam nowadays

[Ryanpogz]

but unfortunately now there are many #DevelopmentTeam s that are less honest because they think of themselves

You're right. Those people who are greedy for money. so before we join an ico project or buy coins it is better to check carefully and study so you will not be able to edge in the end. there are coins that are not scams but the value is small.

[eurcoin88]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

most of new coin are scam nowadays and they cannot fulfill their promises .And also i agree on your statement above that don't trust buying coin through coinmarketcap because we have no idea if it has a good tech and team behind 'cause most emerging project on that site is not reliable and turn to shitcoin after all. That why i preferred also to stay here in forum 'cause we can easily determine those legit and shitcoin through their whitepaper and ANN thread which is a good idea to obtain more information about the project.

[ComeBack]

Not all of them, But most of them are really scams coins / projects / tokens and etc. We must still believed that there's always once in a million.

[skjude001]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

if they want to be honest and successful for the future, the Altcoins.because of the increasing awareness of crypto and the benefit of smart contract that ca generate new coins easily definitely more scams will flow into crypto market.

[Noel26]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

if they want to be honest and successful for the future, the Altcoins.because of the increasing awareness of crypto and the benefit of smart contract that ca generate new coins easily definitely more scams will flow into crypto market.

  Well i think not all of the coin are scam, some are good coin and some are maybe slight good. But we still need to choose a good coin and we can maybe earn a huge amount of profit if we are going to select the right coin to invest. Choosing good coin is really important in crypto so that we can earn a profit.

[ryap12]

That is why there are new projects like Watchdog to help fight scam coins. They help verify scam ICOs. If you find anything suspicious, why not report them at their Telegram bot. Make sure to have some evidence why you think the ICO is scam. The good part also is that you will be rewarded with DOG tokens in rare cases.

[emjay825]

Hello, I am new in this forum but not new in cryptocurrencies,  I started trading cryptocurrency in 2016 and my first cryptocurrency I bought that time is vergecurrency and other penny coin. And I returned my money in bundle because they have good tech and very good team..So early this year I noticed that a lot of coin is now scam and failed promises. So please if you want to buy any coin don't go to coinmarketcap only because coinmarketcap can list any coin without verifying it well, just go to their telegram group and ask questions I think this can help you stay away from scam coin...

What I know is for a cryptocurrency to be listed on CoinMarketCap it must pass all the criteria required, as follows,

- Must be a cryptocurrency or a crypto token.
- Must be on a public exchange with an API that reports the last traded price and the last 24-hour trading volume.
- Must have a non-zero trading volume on at least one supported exchange so a price can be determined.
- For market cap ranking, an accurate circulating supply figure is required.

And lastly, you have to fill up this form, https://docs.google.com/forms/d/e/1FAIpQLSeqpM6DVuxNRJ43oD90fCsm8UltR9oIiFaVxxqt3ch_eJ5Dlw/viewform

I also wanted to add, why are we here? Isn't it to make money by way of joining/participating in bounty programs to promote new coins? Have you ever think the coin you're promoting in your signature and in the avatar you're wearing is a SCAM for being NEW?

[Ragnar]

Not all new coins are scam but it is true that most coins/tokens nowadays are scams.

[Elaine99M]

We can't simply predict that new coins are all scam. Though we know some of them are scam, but other ICO's are having problems also that may affect their projects and become a failure. Maybe some of them when they get listed, has no more value due to bitcoin's ongoing bear market condition. Some also are from ICO's with unsuccessful projects. Or maybe their team failed to do some strategic moves to keep their projects going.

[eldial]

There is possibility new coin are scam nowadays because this kind of coin is not yet registered into exchange and hopefully I am not mistaken because of this it can make all the members will quite so we want to coordinate in the organizer that it will not be happen as soon as possible to make the programs continued and the investors will support into the end.

[rizqillah]

depending on the purpose of the developer team.

if they want to be honest and successful for the future, the Altcoins should not be made a fraud.
because the sudh psati #DevelopmentTeam  has a wealth of experience with cryptocurrency.

Yes I agree mate. I think It depends the project's purpose and  the team. We must be carreful.

[Speaker]

Previously, the coins that came out after the ICO-it was easier ! Now new coins are under huge pressure from the market and regulators, there is also strong competition in the market.

[ShadowInTheFog]

There is no correlation between CMC and the listed project being or not being a scam. You have to do your own due diligence before investing as you can rapidly step on a mine if you go in blindly.

[cryptothief]

Have you ever think the coin you're promoting in your signature and in the avatar you're wearing is a SCAM for being NEW?

That's a decent point. How much research do you do on a project before adding their signature to your profile? I'm guessing lots of people don't look too much into a project and prefer to look at the rewards rather than it's future potential (or not). Should really have faith in a project if you're willing to put your name on the line for them. Obviously everyone is responsible for their own decisions, but helps if we are responsible too.

[sugarpie2018]

I have participate in many bounty projects over the past months. And it appears their coins are just worthless and full of scam. It actually make no sense to invest your time and money into a project that has very little chance of being listed on exchange. Or into a project, whose coin is worthless on exchange no matter the bulk you possess.
I think the scam with this new coins are increasing and gradually reducing the taste of the cryptomarket.