Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Ezzi on May 07, 2021, 03:12:16 PM
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For fun, Tiktoker created the SCAM cryptocurrency, and an hour after the launch, the total capitalization of the asset was $ 70 million.
The blogger just wanted to make fun of other useless coins on the crypto market, issued 10 trillion coins for $ 400, came up with the name "Simple Cool Automatic Money" (SCAM) and told a few friends about them.
In a few days, SCAM traveled a path that took other assets years. Lewis himself eventually took his idea more seriously: the blogger burned 99.5% of the emission, and on the site added further plans for the development of the currency: audit, mining of new tokens, development of the partner network.
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Lol. This is the way. But if he starts to develop the project, makes partnership etc, I am sure the price will decrease. Todays inventors want scam not legit projects lol.
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;D ;D ;D You know what they say, In cryptocurrency space, any thing can happen. This just prove that crypto investors will invest in what they believe will bring them profits rather than the idea behind it. Even when this cryptocurrency didn't have any good idea and probably no road map, it still made that much money which made the dev to now have a rethink. Investors are in crypto for money and nothing else.
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It's always about money. Trading in cryptocurrency is like gambling. Because it’s exchanged peer to peer without any tie to regulatory standards, there’s no pattern to the rise and fall of its value.
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It seems we have a new copy of DOGE ^^ I hope that project owner will work seriously to bring real value to SCAM in the future.
I see a token is SCAM on Yobit, is this Tiktoker's token?
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It seems we have a new copy of DOGE ^^ I hope that project owner will work seriously to bring real value to SCAM in the future.
I see a token is SCAM on Yobit, is this Tiktoker's token?
I don't know if it will be the same token, knowing how yobit works it will probably be an IOU, or a copy of the original to get the most money through the FOMO that is being generated with SCAM. Another pump and dump coin that wants to become the same as Doge, a toy for the rich. We will see how the development continues and I hope that people do not go bankrupt.
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For fun, Tiktoker created the SCAM cryptocurrency, and an hour after the launch, the total capitalization of the asset was $ 70 million.
The blogger just wanted to make fun of other useless coins on the crypto market, issued 10 trillion coins for $ 400, came up with the name "Simple Cool Automatic Money" (SCAM) and told a few friends about them.
In a few days, SCAM traveled a path that took other assets years. Lewis himself eventually took his idea more seriously: the blogger burned 99.5% of the emission, and on the site added further plans for the development of the currency: audit, mining of new tokens, development of the partner network.
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Brilliant solutions usually look like complete stupidity at first glance!! And here's how it turned out. In about the same way our universe was born, in an instant, a similar situation occurred with this millionaire prankster. Now the guy needs to think hard and not drain his brainchild into the toilet! Pretty boy, good history/
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This kind of stuffs happens alot most especially in the crypto space, take dogecoin as an example, we all know dogecoin was never created to be taken serious, but today, it's the 4th largest crypto currency in the whole world, what changed,? Just some celebrity tweeting about it and people started pouring millions of dollars into it.
What I discover now is that, things created for joke or things jokingly created most times ends up being the most successful ones.
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How can a crypto scam have prospect? I think they will be scamming us with their shit fake projects that recreated so carefully also.
So far, sometimes we thought that scammers create their fake projects carelessly. But in fact, some of the professional scammers will create everything almost perfect. Thye create eye-catching website, ensuring team profiles, clear WP, and others. Until they also have big fake group with many members. But in fact, they are scammers. Watch out of these.
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as long as the developer continues to improve its performance, one coin will develop and will continue to get good value for example, doge used to be considered trash by people so it is worthless and always underestimated but now in 2021 is the talk in the crypto world because of its extraordinary increase, so positif with new tokens wish all well and give us profit,
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This is actually a big manifestation that we are already in the altseason bull run. When people can be adopting a project which has no reliable use-cases in the first place then we can see that maybe other projects which are considered solid will be following the same path of success. Now, am sure that SCAM is taking a big inspiration from Dogecoin which also started more like a joke and is now a very serious player in the top 5. On the other hand, I am cringing to think that there are far better projects than SCAM but has yet to see the light of day in terms of support. SCAM must be a big definition of good luck and how eccentric some people can be in the world of cryptocurrency.
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It seems we have a new copy of DOGE ^^ I hope that project owner will work seriously to bring real value to SCAM in the future.
I see a token is SCAM on Yobit, is this Tiktoker's token?
Exactly. This was how Doge coin started as a meme coin to make fun of the other cryptocurrency and now Dogecoin is one of the most sorted after coin in recent weeks and the value keeps going up. Like you said, I hope the Dev will be able to get a real value to it and get good support.
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The most frightening thing in the cryptocurrency world is cheating. There is no shortage of scam projectors in cryptocurrency, so you must be aware of this project before investing in a scam project. If you wish, you will not benefit if you invest in a scam project, but you will face a large loss.
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We have to be very careful with "projects" like this, they are born without meaning or development and attract the attention of many people who raise the price of the token, but nothing guarantees that it will have a development over time with which to increase or maintain that value, it can die and be abandoned at any moment.
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We can see similar incidents with doge. It was created as a fun token and now it's going to take 3rd position of CMC. These are market manipulation and driven through the hype. If you are lucky enough you can well profit but it will be wise to stay away from these types of coins. Because there are 100 more created daily which is similar to these. You are not sure which one will take off.
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That's funny I believe that it was totally a scam project, how ironic that they used the word "SCAM" literally to make the project more interesting and that's not the first weird token name of a crypto project others also using an offensive word like "SHIT" "POOP" and many more, for me that's wasteful and what was the use of those token and how it will be benefited us all. that was a common question that needs to be answered.
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So same as dogecoin just made for fun, but I don't think if someone like to buy a "SCAM" token because the name itself tells it's really a scam lol, even the newbies will not buy that coin.
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So same as dogecoin just made for fun, but I don't think if someone like to buy a "SCAM" token because the name itself tells it's really a scam lol, even the newbies will not buy that coin.
Considering what some of the new investors are like, investing in just about anything, I'm sure people will buy this token, Especially if it's from a YouTube or TikTok "celebrity". Like I said in my previous post, if it succeeds, it could be the new Doge and more famous people could promote it too.
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It's always about money. Trading in cryptocurrency is like gambling. Because it’s exchanged peer to peer without any tie to regulatory standards, there’s no pattern to the rise and fall of its value.
Yes, it is true, all here in cryptocurrency always about the money concept. But cryptocurrency is not like gambling instead it is always full of risk, but even if like that if you have the skills here and knowledge about cryptocurrency, I cannot say you are gambling your assets here as a trader, I don't think so. Due to in gambling you depend on your profit always in your luck even without any skills or knowledge, get it?
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I don't know what everyone wants now because I see it is very vulnerable if we are in a cryptocurrency world that is full of fraud.
The name of this token is SCAM and stands for "Simple Cool Automatic Money" and why do you have to use a name like that ? Ahhh this is Dark Joke ! haha
I think this is just a joke and this is very exciting if it continues to be developed or maybe this SCAM will end up like a DOGE that can be pumped up to thousands of percent in 3 months. LOL
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Do not create an illusion about a probable future in such projects.
For your own good, stop looking at projects like this. Only the creators of such garbage can make money on such a project.
In the end, only the demanded product remains on the market.
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Do not create an illusion about a probable future in such projects.
For your own good, stop looking at projects like this. Only the creators of such garbage can make money on such a project.
In the end, only the demanded product remains on the market.
This is precisely why these "projects" are created, so that the owner is the only one who benefits as long as the fans continue to buy. It wouldn't surprise me that while followers buy the token, the celebrity keeps posting videos and more as if they were updates. I do not understand people, the market will put everything in its place.
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In any cryptocurrency can happen. This is proof that most cryptocurrency investors will invest if they believe it will give them an advantage rather than the good idea behind it. This kind of thing happens a lot in cryptocurrency. What I see now is if a celebrity promotes a coin, it won't be long before many people / investors throw millions of dollars into it. These days the things that celebrities joke about and joke around with often become famous and successful.
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In cryptocurrency space, any factor can happen. This simply show that crypto buyers will spend money on what they agree with will carry them earnings instead of the concept at the back of it. Even while this cryptocurrency did not have any correct concept and likely no roadmap, it nevertheless made that plenty of coins which made the dev to now have a rethink. Investors are in crypto for cash and not anything else. I do not know if it will likely be the identical token, understanding how yobit works it's going to possibly be an IOU, or a replica of the unique to get the maximum cash thru the FOMO this is being generated with SCAM. Another pump and sell off coin that desires to come to be similar to Doge, a toy for the rich. We will see how the improvement keeps and I desire that human beings do now no longer pass bankruptcy.
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In cryptocurrency space, any factor can happen. This simply show that crypto buyers will spend money on what they agree with will carry them earnings instead of the concept at the back of it. Even while this cryptocurrency did not have any correct concept and likely no roadmap, it nevertheless made that plenty of coins which made the dev to now have a rethink. Investors are in crypto for cash and not anything else. I do not know if it will likely be the identical token, understanding how yobit works it's going to possibly be an IOU, or a replica of the unique to get the maximum cash thru the FOMO this is being generated with SCAM. Another pump and sell off coin that desires to come to be similar to Doge, a toy for the rich. We will see how the improvement keeps and I desire that human beings do now no longer pass bankruptcy.
in the cryptocurrency market, everything is ambiguous AND unpredictable. if a certain Circle of people makes a choice in favor of this coin, then a large influx of investments will blow up this coin in the cryptocurrency market.
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If that tiktoker is popular, it has the power of the masses. Another clear example is the billionaire Elon Musk.
If this meme is successful I wonder how it will look in the first 100 cryptocurrencies. ;D ;D ::)
People are carried away by powerful voices...
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Simple Cool Automatic Money "(SCAM) is indeed a strange symbol name but this can also be a feature if this token is designed only for entertainment but does not deserve to be named with a name like fraud.
SCAM is synonymous with fraud and when we talk about Simple Cool Automatic Money "(SCAM) tokens, many people think that these tokens will end up being fraudulent and this is not good marketing. LOL
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Simple Cool Automatic Money "(SCAM) is indeed a strange symbol name but this can also be a feature if this token is designed only for entertainment but does not deserve to be named with a name like fraud.
SCAM is synonymous with fraud and when we talk about Simple Cool Automatic Money "(SCAM) tokens, many people think that these tokens will end up being fraudulent and this is not good marketing. LOL
They know perfectly well that using that ticker they were going to attract the attention of many people, that token is worth nothing (only an influencer makes money) is something that we already knew from the beginning. But that does not matter to them, they want quick money and they give what their followers are looking for.