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#Scam News

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Most people came to consider a cryptocurrency some sort of a scam due to an abundance of negative responses from the users and because of lack of understanding. Another popular opinion that may be often observed during scam review is that all cryptocurrencies are large financial bubbles which are doomed to collapse. The speculation about the status of all the cryptocurrencies can be endless, although we need to accept the fact that there are scams in both realities with non-trustworthy banks and with virtual money as well. The current market of the electronic money hasn’t got decent regulations and control that can prevent the creation of scams of various types. Implementation of any type of control would disrupt the basic principle according to which all the cryptocurrencies work on the market – decentralization. In most cases scam mining is impossible, but the greatest issue takes place during the initial coin offering where people invest money hoping to earn and when the creators of the project disappear with all gathered money. Such a frequent event created an ill fame around cryptocurrency. Selecting unreliable exchange service also leads to the loss of money. Here you will get the latest scam news and the effective means of avoiding them. Additionally, you will find some tips about safe investment opportunities.

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