e/i(SOMETHING) ERC20 Scam Tokens !!
I'm sure a lot of you fall in this trap, which is buying those ERC20 tokens that have no value and they come in different flavours & names such as : eBTC, eUSD, iBTC, iEthereum, Ethereum Cash, Ethereum Gold, Ethereum Blue, and so many more. These were developed by an indvidual / or group, I'm not 100% sure but all of them STRANGELY have the same aspects. All of them were created by unknown individual / team, no whitepaper, unrealistic plans (EX: issuing branded credit cards, while they don't clearly show any evidence of identity / their company), listed in EtherDelta (which I blame of allowing anybody to list a token so easily), getting users by "airdrops", and so on. You might not believe this, but most of them have a similar trend, they start very low, they go up sharply, the trading volume increases insanely, then suddenly a sharp drop in both price and trading volume. After that, it's the end of the story, no update, no posts, no announcements, except angry investors.
So to increase the awareness, and to avoid such scams, I sharing this information with you. I also encourage people to share their experiences with the same tokens below, and PLEASE share this article everywhere to help others as well.
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