Ethics in crypto

[MrSpasybo]

This is probably a complicated topic, because it is related to ethics, or more accurately, what we feel when participating in crypto market.
Temporarily ignore the scammers, they are unethical. I will talk about the good people in crypto market.

To make it simpler, I will list some cases & ethical questions:

1. I am a bounty hunter, I join bounty campaigns to support projects: I share information with everyone. Thanks to a good marketing strategy, the project had a successful Token-Sale & reached softcap. But in the end it was just a scam project, the team disappeared with tens of millions of dollars from investors.
Am I involved in a crime that makes investors lost money?

2. I am a team member that develops a potential crypto project. I have mobilized enough softcap to realize my idea. But in the end, my product failed to meet the market demand, the token price dropped 100 times and was delisted from exchanges. Many holders lost money. A holder committed suicide.
Was I the cause of his death?

3. I am a trader. I make a lot of money from trading. But we all know that the total profit in trading is < 0 because when one person makes a profit, another will lose money, and must pay transaction fee to exchange. So when I am happy and have profit of $1K, someone is sad because he has lost $1K.
Should I rejoice over other people's sorrows?

4. I am a crypto fan. I often share market news on Facebook. A friend of mine read and entered the crypto market himself. In the end he invested in a scam, he lost all his property and his wife and children had a difficult life.
I felt very miserable when I met his wife and children

What do you think about these cases? Should we care about ethics in crypto? Have you ever thought about these problems? I'd like to hear from you.

[Master107]

Sorry to know that mate. 
Anyway, We're not responsible for others lost. Why? We didn't dictate them to buy this and that, do this and that. At first everyone must know what is the equivalent risk in crypto, what they are aiming for, and they must cautious about their own business. If we referred them, then it's our responsibility to make them aware about the possibilities to win or lose. However, at the end they will do what they think the best easiest way to earn profit. This is the greatest danger the high expectations.

We feel bad for others lose . In case it is your friend, then I think you can help him/her by all means.

My General answer:
Sometimes it looks selfish to move on from the past unfortunates in our lives or others. But we must be tough to get out from the mindset of blaming your own. This is not helpful because we cannot bring back the past.  Then what should you do? If you can't handle those things anymore, stop referring, stop doing social campaign, stop everything that causes your grief. The safest thing to do is just choose to join, translation campaign, signature, and telegram.

[Master107]

To be honest, I'm worried for you now. I know it is easy to say words coz I'm not on your situation. But let me add my previous message and I hope this will help to see the brighter and clearer picture.

We are human full of love, joyful moments, at the same time with big regrets, failures, and many more unsatisfied things toward yourself and others. We are good, we are concern for others good as well, we want to become successful with others too. Bad people don't care about the others feeling. You are different, you are good, you are reliable person. There are more good things will happen in the future.

The present and the future is more important than the past for the past serves us a learning and guidance. We desire for good not bad.

Everything will be fine.

[gurunanakji777]

The most important thing this is a highly volatile market and one should not invest money that can not be afford it to loose. Personally, I never think about these problems you mentioned. We should not consider us guilty for everything bad and we are not involve in bad thing. I would say you are overthinking. It's always investor or traders duty to due diligence before investing or trading. One should not rely on others opinion as we all do and we never blame anyone if we loose. It's all over choice to invest or trade in this market.

[Andruha1993]

Nothing should bother you. Everyone makes their own choice and everyone has their own head on their shoulders. So calm down, everything is fine, keep working.

[MrSpasybo]

To be honest, I'm worried for you now. I know it is easy to say words coz I'm not on your situation. But let me add my previous message and I hope this will help to see the brighter and clearer picture.

We are human full of love, joyful moments, at the same time with big regrets, failures, and many more unsatisfied things toward yourself and others. We are good, we are concern for others good as well, we want to become successful with others too. Bad people don't care about the others feeling. You are different, you are good, you are reliable person. There are more good things will happen in the future.

The present and the future is more important than the past for the past serves us a learning and guidance. We desire for good not bad

Thank mate, everything is fine with me. It's just that there are some issues in the discussion of me & my friends who don't support crypto, other than stability and real value issues, ethical issues are considered similarly with bubbles dotcom.
I don't think that much, so please rest assured. I would like to know in your opinion that if you have to deal with such problems, maybe crypto also has to deal with them in the process of widespread adoption.

Everything will be fine.

[Master107]

Thanks to goodness that you're okay.

Maybe you are not alone with such burden. Just want to share.
I remember the past that my friend expected so much about crypto went back on 2018. Unfortunately, the bear market became terrifying to the point that he lost his investment. Difficult to saw him on regrets. But I can do nothing than to comfort and enlighten him again that there are more opportunities. He left and take rest for almost 2 years and back to crypto again.

Crypto is volatile and in some point we are vulnerable to lose. From the beginning, we choose and did participated on this risky world. Once the unfortunate comes, the future is not the end. There are more opportunities ahead of us. Ones lost does not necessary mean always lose.

[Pluto25]

A bounty hunter just a social Media promotor, he doesn't know which projects are scams. Actually team management are fully responsible for scamming.

[Mayajal]

Currently Bounty Hunters are the most spamming.  Those who work on social media are the most spamming. If these are to be stopped, then only Bounty Hunters need to be stopped.

[Freemind]

We are only responsible for our actions, not the actions of others. If with our actions we make someone lose money who invests their money in a project that we promote, we are not responsible, those responsible are the owners of the project itself. Nobody would promote a project knowing that it is scam, and if someone does, it is that he is the scammer.

[simran.kanse.1]

One of the most frequently made ethical charges against bitcoin is the apparent anonymity of those using the currency allows for criminal activity to be carried out freely in ways other currencies do not. However, the level of anonymity of those using bitcoin is not total. So i feels it'll be Resolved soon.   

[iloveyobit]

i think crypto is more simple than that and you making it difficult , because you are in crypto and wanting to make a profit,if you bought a coin in a low price then sold it in a higher price to someone who will buy ot from you,if he sold it in a higher price he will get a profit as well and you will both be in a profit, read it in this way mate

[KryptoBull]

A bounty hunter just a social Media promotor, he doesn't know which projects are scams. Actually team management are fully responsible for scamming.

I think that when something happens and it causes loss or injury to someone, all participants have a share of responsibility. However, we should not think too heavily when thinking about them, because that is the inevitable law of the market. At the same time, the issue of ethics in crypto will help us to be more cautious in our actions, bounty hunters also need to consider/check bounty campaigns in order not to waste their own efforts as well as investors money.

[Master107]

i think crypto is more simple than that and you making it difficult , because you are in crypto and wanting to make a profit,if you bought a coin in a low price then sold it in a higher price to someone who will buy ot from you,if he sold it in a higher price he will get a profit as well and you will both be in a profit, read it in this way mate

Hahaha....
I think you are the easy going person in crypto.
Imo, The OP is sharing his deepest and seems regretful moment with some people involved on it in unfortunates things. This is not just about money but also the feelings of those who are in need but loses money which very unfortunate.

Sometimes in difficult and unpredictable situation, crypto is life and death in terms of assets.

[Power]

Ethics is a set of moral character. Sometimes doing what is right is not that easy, because doing what is right sometimes can hurt others.