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Scam cryptocurrencies

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Thread replies: 40
Thread images: 6

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Which cryptocurrencies do you think are scams?
>>
>>2738393
BTC
>>
>>2738393
BBC
>>
Every single one not named Bitcoin, summerfag

Now fuck off
>>
>>2738393
usd
>>
>>2738543
/thread
>>
>>2738546
This and every other government issued currency
>>
>>2738543

Selling beta software to normies at the risk of splitting soon, that is the ultimate scam.
>>
Everything but BTC and LTC.

/biz/ knows and realizes they are all scams. We aren't stupid. The game is trying to cash out before the scammers do. It's not dumb to but into a pyramid scheme if you are towards the top.of the pyramid. Ditto if crypto, the equivalent is accumulating when the whales do and dumping before they do.
>>
>>2738662
>he fell for the hardfork meme
>>
>>2738679

LTC is a huge scam, a copy/paste of Tenebrix, no innovation, no special features, at least Peercoin did something innovative by coming up with proof-of-stake, what did Charlie Lee invent?
>>
>>2738714
Sends faster and doesn't get lost by exchanges, and fees aren't obnoxious.
>>
Every single coin is a dishonest scheme (including Bitcoin).
>>
>>2738393
Can we all agree to use a more descriptive word than "scam"? It just doesn't fit when most of these coins are bad investments, not outright scams.
>>
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Anything from crypto coderz
>>
>>2738393
Most of the recent big ICOs.
>>
>>2738552
>>2738546

Not crypto
>>
>>2738393
Every coin that might be called 'smart money'.
>>
>>2738662
>beta software
heh looks like ur the real beta here nocoiner
>>
>>2738543
HAHA BITCOIN IS THE ULTIMATE SCAMCOIN YOU PLEB
>>
all weedcoins
>>
>>2738679
XMR is legitimate, probably more so than LTC desu
>>
ETH at this price
XRP
LTC
STR
>>
>>2738393
Bitcoin
>>
All cryptos are scams

Remember bitcoin started out as a way for people to buy stuff on the internet black market

Crypto is basically the criminal's currency
>>
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>>2740552
Funny, I glanced at the BTC whitepaper and didn't notice anything regarding intended use. Could you please show me where you found this information?
>>
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>>
>>2738393
ETH
Any other coin based on ETH
Any token. specially GTN
>>
>>2740763
lmao you know it's open source right?
>>
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Makes sense since Trump is about to drop the hammer on China for not playing nice.
>>
>>2740744

Newfag, ever hear of silk road? Prolly not cause youre on summer vacation from high school
>>
>>2740777
trips don't lie

just sold 100k
>>
>>2740784
silk road appears in the whitepaper?
>>
>>2738393
Many are. However Bancor and Eos are both the two largest and most obvious.
>>
>>2740785
Just bought your 100k! I'm in for the mid-haul!
>>
>>2738393
MCAP it is 100% scam. it is only available on c-cex.
>>
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>>2738714
lmao! HEEEEERE'S THIS SOUR FAGGOT AGAIN!

but ayo~
>>
>>2738393
Any crypto with non-abstract names that have common recognizable worlds are most likely to be scams (e.g., Unbreakable Coin, Pot Coin, FunFair). They're meant for fooling kids.

More sophisticated scam coins put more effort in tricking people. They have fancy-looking websites, claims of innovation, and attempts in the social media attention.

One of the things all these scams have in common is that communication with the people behind the coin is impossible (or at least very difficult). That's a huge red flag. No business doesn't have contact info. Another red flag is that the team working on the coin are all anonymous. This shows that they're not legit companies and aren't interested in the coin's future, just in a quick-n-dump.

The litmus test is, if the project is open source, when you look at the code repository and notice that the project is only updated a few times in a year with no recent updates.
>>
>>2738393
Every single one that can't name any significant business accepting it as a payment method.

No, drug dealers don't count kek
>>
>>2740798
Just shorted 100k, good luck with that one
Thread posts: 40
Thread images: 6


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