Topic: 80% of ICOs are Scams - page 105. (Read 12240 times)
I think not all or 80% of it is a fraud because now it is very easy to be able to find ico who cheat or not. because many indicators and also reviews that we can read
yeah i know and we all know.
this year so many ICO fail and we are the Bounty Hunter not making a profit.
i hope so much if next ICO and Bounty is success.
is to low, 2017 is better than now.
i hope so this year will batter than 2017.
this year so many ICO fail and we are the Bounty Hunter not making a profit.
i hope so much if next ICO and Bounty is success.
is to low, 2017 is better than now.
i hope so this year will batter than 2017.
Scams among ICO are many but not more than 30-40%. Many investors want to see a rise in the price of the token as early as possible, but until the project team achieves concrete results this will not happen.
Unfortunately, it is really seems to be so. The lack of a control has it's flaws, so scammers have a great range of ways to fraud on cryptocurrency market. However, now even good and promising projects sometimes can't reach hardcaps, so maybe the situation will become better in the near future
most ICO is a scam. but many investors are getting the benefits of ICO that has been successful and honest in the project. for me joining ICO project is an alternative way to invest very easily
it is based on your definition of scam, there will be many dif opinions about this
i agree. Every people have different views and opinions, therfor we cant really say that most ico's are scams because not all people do experience on what op have experience. he maybe scam more oftenly because of poor choices and lack of knowledge when deciding to invest or join an ico but i believe that he could always avoid it if he manage to do a proper research on every ico that he may come across.
Saw this study on twitter... https://twitter.com/Zeex_me/status/978981735101878272
I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share
Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.”
"Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.”
DYOR people ...
I've seen a lot of people asking about how many legit ICOs there are, so I thought I'd share
Quote from the article: "The study begins by breaking down ICOs into 6 groups: Scam, Failed, Gone Dead, Dwindling, Promising, Successful. “On the basis of the above classification,” they wrote, “we found that approximately 81% of ICO’s were Scams, ~6% Failed, ~5% had Gone Dead, and ~8% went on to trade on a exchange.”
"Scams were defined by researchers as “Any project that expressed availability of [an] ICO investment (through a website publishing, ANN thread, or social media posting with a contribution address), did not have/had no intention of fulfilling project development duties with the funds, and/or was deemed by the community (message boards, website or other online information) to be a scam.”
DYOR people ...
I don't really agree with you, i think 80% of ICOs are great project, and only 20% are scam ICOs, i can say that based on my experience, as a trader and a bounty hunter, i really earn much money through ICOs, and only a few ICOs i joined are scam project, so i don't really agree with your opinion.
it is based on your definition of scam, there will be many dif opinions about this
i hope that 80% is too much and there are more icos than these 20% who are not scam.
i participated in some. i hope i have not wasted my time.
i participated in some. i hope i have not wasted my time.
I agree that the majority of ICO scam, but I do not dare to declare in percentage figures. Sometimes people give different insights to the term scam. Some people say that the definition of a scam is a project that does not distribute tokens after the success of ICO. But there are also tokens that have been distributed and can not afford to pump big at the price, it is considered a scam as well.
Thank you for the information you provide, of course this is very helpful for us beginners who want to join the bounty campaign, of course I will be more selective in choosing a bounty campaign.
Adding features to failed projects is that project managers and teams do not always update project information on their media. this is my experience following bounty, after I confirm it turns out one of the founders left did not continue the project.
Adding features to failed projects is that project managers and teams do not always update project information on their media. this is my experience following bounty, after I confirm it turns out one of the founders left did not continue the project.
NO, that is absolutely not true. I would say that scams are a lot lower percentage, may be in the range of 10%-20%. They are a lot of genuine projects that are failing.
become a dilemma indeed to be able to find which profitable ICO and ICO are scams, need extra careful attitude if it wants to participate in the ICO, as indeed a benefit at the ICO is big enough, but even then not few people still trust the ICO and remains active in it.
I think so. We can be cheaten by others if we are not careful enough. We need to make enough research while we do the the investment. The more careful we are, the better we will be. Just do the right thing.
it is not easy to distinguish which ico is correct and ico scam, but it is very surprising if what you say is the truth 80% of ico is a scam, this is one of the reasons why many people do not want and do not want to invest in ico because the deeds of some people who not responsible and make bad image cryptocurrency,
there are a lot of scams, that's true.
but 80% seems like a lot of overkill to me.
I think that there are especially many bad projects, badly prepared, and launched by incompetent teams.
that's why when you want to invest in a project, it's very important to be well informed and not just follow a buzz or a popular project.
but 80% seems like a lot of overkill to me.
I think that there are especially many bad projects, badly prepared, and launched by incompetent teams.
that's why when you want to invest in a project, it's very important to be well informed and not just follow a buzz or a popular project.
And despite this horrifying statistics, many people are still happy to invest in ICOs. It seems to me that only lucky men win here and this group of people that are true professionals. Many investors lose.
I think the figure is so sad. And yes, many are not scammers, but just raise loot on hype. But what prevents you from carefully analyzing the characteristics in advance and determine the honesty and need for the project. Nowadays there's services for checking scam.
Not all ICO or even 80% were Scammed. yes, some ICO project which are posted on the treed had a questionable identity. Beside, what are your bases on the 80% ICO are scammed?
just be wise to make a decision if you want invest on ICO, i disagree with that presentation (80%). many ICO success out there, and my advise don't put your money only in one basket
I don't think that 80% of ICOs are Scams.
ICO is high risk. How can check success of ICO?
Need choose "famous" ICO only.
ICO is high risk. How can check success of ICO?
Need choose "famous" ICO only.
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