Topic: 4 reason ICO market problem today - page 5. (Read 875 times)
The problem is only one and all the people who have long been on the crypto market know about it. They became a lot, a lot of promises,but really almost no projects do not fulfill the promised. There are fewer people who want to keep coins rather than sell them immediately.
the trust to Ico`s is really decreasing as there are lots of very hyped Icos which are almost 4x down due to their ico price and the majority don`t care about investors on their telegrams by keeping price discussions on the other unofficial channels
The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong.this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
I'm in agreement with on many ICO being scams but then we must pause and ask ourselves why wouldn't there be. And by being armored with that knowledge we can decide on what's the right ICO to go for. Its imperative we do the research.
The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
I would add here that most projects lack a working product, have a poor understanding of marketing and the market,in many projects, and a ban on participation in the ICOs in some densely populated countries.
The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong.this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
Due to scams and frauds it do definitely give lose interest and trust on making any investment.If this would continue I don't even see a reason for ICO trend to last long.Sooner or later we would see an another situation.
I think the main reason is that the price speculation is always much more than the capability of what the volume pumped can move them with. and i think the major problem is when many coins are sharing just a single blockchain, so they will be affected by the same factor either on the good side or the bad side. If each coins could built it own blockchain based it could have being a great ideal in the determination of prices of coins
I think you forgot one key point. Many projects just have a "capable" team and an idea and that's it. These are mostly research projects that will take all their time in the world to start working on the concepts laid out in their whitepapers
I guess that apart of scam projects, many of the ICO are too greedy establishing a very high price. Developers have seen that many project raised huge amount of money in ICOs and want to do the same. However, comparing the prices of ETH in ICO and other coins/tokens which ICO occured before 2017, the revenue is much better.
Now a very large number of projects and competition is quite large. One of the reasons may also be the incompetence of the team. They work out their plan badly, and in the end nothing good comes out. Perhaps soon ICO will be more successful, but for now investors need to be very careful about the choice of the project.
The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
In other words, its no good to invest on ICO project. Lots of scams and its hard to detect them at the beginning unless you do some digging and investigative works. And even if they are legit and trusted, its just a matter of time before they will suddenly die down because of pump-and-dump (manipulation).
I agree with you that the fall of the market is caused by fraud with ICO, price correction due to bitcoin and speculation in the market.
Almost all say about the same reasons: bad projects which have not a real product. And most of them is based on Ethereum ERC-20 contract. Another reason is bad crypto news. Furtheremore - politics of USA aginst crypto.
The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
The problem of icos and scams is getting too big to ignore, there are many good icos out there but with so many scams around, there are a lot of people that are deciding that investing in icos is simply too risky, and since regulations are not going to be enough to stop this I think it is up to us to do our due diligence in the coin in which we are interested and avoid investing if something is wrong. this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
For me the most important problem is fraud. About 99% of existing ICO are scammers. So it was with the market dot com. These companies are not worth anything, they have no technology, they do not bring anything new to the world, there is only marketing. Be very careful when choosing an ICO in which to invest. Now a lot of scams in this market.
The ICO market has huge problem today.
this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
There was no such situation yet. 90% ICO is a scam. In fact, it is not known what mapping would do without losing money or czuch. I am worried about this marketplace this is 4 reason
> Overvaluations
> Scam
> fraud
> Speculation
.
Good observation. It’s true that lack of regulation the ICO projects investors are facing fraud and lots of scam projects. Even they are really very difficult to detect. So it’s really very important now to make the place safer for investors.
Yeah I completely agree with your points. It is really very important to make a safer place for investment to raise the market unless the problems will never be solved and people sooner or later walk away from ICO projects.
Actually the main problem is lack of security and verification of projects. If these two things are guaranteed then those problems will never be arise to make this market down. And the investors really should be careful to avoid these.
Trust, reputation, transparency some important for any business. Very few of ICO have this quality to convince the investor to invest in ICO.
The biggest problem of ICO market to me is scams. It seems the market is flooded with scammers and that is immensely frustrating for all investors. This year lots of promising ICO projects turn out a scam.
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