Topic: 80% of ICOs are Scams - page 3. (Read 12213 times)
The number of real scam ICOs like bitconnect and many copycats that followed it, is low only. Most ICOs do have legit teams and plans. It is another story that so many will fail to execute their business plans or do it successfully.
Of course a lot of scams on the market , but if you look for good projects you can earn good money.
Sometimes I have thought, when will ICO scams stop 
and become a useful thing for many people. To this day the talk of a scam is still circulating and makes beginners a little worried. 
and become a useful thing for many people. To this day the talk of a scam is still circulating and makes beginners a little worried.
Man, that's it!
It is hard to find that 20% of the best ICOs, but it is possible to do. I select the best ICOs and all of them are profitable!
It is hard to find that 20% of the best ICOs, but it is possible to do. I select the best ICOs and all of them are profitable!
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 ...
Yes, indeed, today a lot of divorced unscrupulous ISO companies, which pursue only one goal - is to fill their pockets and escape in time.
I saw an article in which they analyzed, and it said that today more than 90% of fraudsters are in the field of cryptocurrency, but among them, of course, there are quality projects. As a rule, these projects have very good consultants, and they have many successful projects behind their backs. Here is an example. The project will pay people for their trash. At the moment the bonus is 5%, you can buy coins by the end of October. I advise you to see the project.
80% is an exaggerated value, most likely 50% of the projects are scams but last year the number has not changed much.
the example is if we buy bitcoin in january then the price is high and we keep it until now because the price is not rising we are desperate and decided to sell it, obviously we lose but if we are patient we may be able to generate profit because bitcoin still have big chance to exceeds its highest price
First, your post is posted in the wrong section.
Second, most ICO projects are just hype, which is why countries are adopting laws to restrict ICO.
but if developer want make some ico project they survey and learning about law in their country before launch ico and start crowdfunding, or they just want investor money or what, i don't know if this about law in some country Second, most ICO projects are just hype, which is why countries are adopting laws to restrict ICO.
Unfortunately you're right. Now more than half of the ICO is scammers who will leave immediately after they receive your money.
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 ...
Personally, I have discovered that there are lots of scam ICOs in the scripture. Then, what most people do not know again is that scam ICOs have been in existence long time ago. They were even numerous, but we never noticed. It is just most of them are now being exposed by virtue of the bear market.
I think that the main reason why it is worth keeping coins for a year and even more is the popularity of the coin and its practicality that allows an increasing number of traders to buy it
It depends on what plans you have got and how much money you need righf now and how long you are ready to wait for them to come
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 ...
You took these figures for some small period of time, let's start counting from the very beginning of the world of cryptocurrency, I think this figure will change in the other direction, of course, the process of raising funds attracted scammers, but we will slowly learn to deal with them. 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 ...
It depends on what plans you have got and how much money you need righf now and how long you are ready to wait for them to come
ICOs may not be legal only in those countries where they are, by definition, prohibited by law, otherwise they are legal, but you are right, there are a lot of frauds among them !
Feel sorry for the idiots who bought BCH!
Ver scammed them. It’s not their fault. Ver is a born criminal. He can’t stand bitcoin having its natural progression with innovation such as Segwit. He fell in love with bitcoin and doesn’t want it change so he wants miners to have complete control by increasing the blocksize. He’s a trouble maker and is afraid of what he doesn’t understand. Maybe he can study up on it in prison for his bait and switch fraud.Feel sorry for the idiots who bought BCH!
Ver scammed them. It’s not their fault. Ver is a born criminal. He can’t stand bitcoin having its natural progression with innovation such as Segwit. He fell in love with bitcoin and doesn’t want it change so he wants miners to have complete control by increasing the blocksize. He’s a trouble maker and is afraid of what he doesn’t understand. Maybe he can study up on it in prison for his bait and switch fraud.
Feel sorry for the idiots who bought BCH!
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 ...
That's why for newbie investors out there who want to make it big in the whole cryptocurrency scene, everyone has to do their part in doing research specially if they want to go big. It will be a daunting task, but it will be sure to place your money in the right pockets which is with the developers.
Jump to: