A good ICO is also a Scam. | Bitcointalksearch.org

LemonF3

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

I am sorry but I will not agree on this. It does not mean that when the price of the token goes down it is already a scam. It is just dependent on the market's demand and some other factors.

Altcoins enthusiast

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

I am sorry to said this to some extent this is not truth. As a cryptocurrencies enthusiast I have been following events on some coin and one thing that I have find out is that many bounties hunters did not always allowed the developers to develop they projects and follow the read map before go to a decentralized exchange like etherdelta and idex to dump them. If you want to know the value of a coins you will need to wait until there are develop and list at big exchange.

Rejinx

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That's simply a situational, over the devs are the individual who testament alleviate the pathway to calculate the trading of your ICO coin.

Crypdon

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All ICOs are different, TBAR actually is a scam and their investors lost everything. Bitconnect was kind of a scam, but people knew it was a ponzi scheme so late investors are going to lose. Some are good project that take time to develop, in the long term most are very profitable which is why people still invest

Haley craft

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The Experience Layer of the Decentralized Internet

Then you should invest in something worthwhile.
Because most ICO projects are shit and have no value.

Wearegoodfrends

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You can not call the project a Scam just because it fell in price on the exit to the crypto-exchange. The team can sincerely believe in the project and work hard, but the market did not appreciate their product very much. It happens.

lunaelucemauram

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It is not a scam as you say as there are many things that factors the prices of ICOs after the token sale. For instance there is the stagnant movement of its token in the exchanges because of supply and demand or its project advancment is slow or investors are not really interested about it. There are also pump and dump groups along with whales that destroys the prices of the ICOs after token sale.

chenhaonan

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My current view is the same as you. I also think that the current ICO is not the best way to invest! Today's ICO is not only fraudulent, even if it is successful, but its token price decline rate is high!

ICO Reign

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An example: BTCx is a scam

Jobbernowl

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I always analyze the project and compare it with the amount of money that they want to collect. For example, an ordinary application for smartphones. I cannot understand why for an application they need to collect millions. I think that in this case, it is logical that the price will drop very much.
It's another matter if it's a platform or equipment or some kind of production. Here, a large amount of investment is justified. The project has much to develop and build up its potential. Of course there are exceptions. But I adhere to such criteria.

josetusdaisy

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sometimes the price is really need a long time to go higher from the ICO price mate
this just a normal price movement in the market

|Bitkoin|

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I have to disagree with you on this one, when you find a good ICO it is like finding a gold mine, there is so much money that you can end up making from it. With a good ICO you can be sure that the coins that they are offering will last for years to come which means that you would still be making profit from it, in this age of scam ICOs, finding a good ICO is the best thing that can happen to a crypto investor

dogetalk

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Never read such a garbage like OP Cheesy

How can a good project be a scam?! Please self-reflect your words, OP, that makes absolutely no sense. If you do your research carefully you'll find some good ICOs that are definitely no scam. But if you invest in rubbish ICOs, don't cry it's a scam and prejuge all ICOs as a scam. You are responsible for yourself in crypto.

maichimoto

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

you are abusing the word scam. Scam means that something is not genuine, the intention of the founders is to deceive people. What you're mentioning is market decision on post ICO prices, there is no way for team to legally control that.

Hassan02

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

i already particiapted in ICO that decrease almost -1000% after its listed in exchnage and this thing i dont want to see when im investing . This is something for me to think to not participate again in any ICO becuase of too mucb lost i experience.

Cryptokarl

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In a nutshell, every ico remains a scam until proven otherwise.

It all depends on the development team handling the ico and wether they are capable of developing their product and following their road map

Shenzou

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

First what defines a good ICO, you should ask yourself that question before accusing it of being a scam, it is with no doubt that ICO has a lot of scam in it but that is the price of it becoming so popular in the last few months, people are trying to ride the wave and trick people who have no idea how to invest in these types of projects, i can ensure that a good ICO with good project a good team behind it will have a fairly good price at exchange.

xandriel

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everything has two sides and investing in ICO is not exception. You must accept risk and try to find out the good thing to do. Let's spend amount of money to lose and learn from mistakes. after that, you will get success

Soccernet344

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I have invested in ICOs for ages but I'm getting more and more against it in the current market. But remember even ICO such as oyster pearl (PRL) was $.06 ICO price and when it hit the market, you could pick it up a $.01 at 1 stage in mid Dec 2017. Then it maxed out at $3.75 or something around that. The team and product sometimes just need exposure, if they have the right product.

bitcoinmaniac52

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Presale is live!

I have to disagree with you here because there a lot of ICOs that have actually come up with really good coins that are still going strong and doesn't look like they are stopping anytime soon. I understand that there are a lot of ICO scams now but that does not mean that there are no good ones out there who just want to bring a good coin into the market and to do well in the long run

Oleg12

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Yes, I also noticed this. Many projects sell their tokens long before ICO on various presales. At a price much lower than during sales at ICO. Therefore, after the release of tokens on the exchange, those first investors can sell their tokens cheaper than they were on ICO

kriticko29

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

Some ICO's still worth more than their actual ICO price after a couple of month in the exchange. Mostly, the price drops due to bounty hunters or perhaps some brainless ICO investor that sells their tokens quickly.

Rostock

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Quote from: chipzeru on May 21, 2018, 01:37:20 AM

The price drops after getting listed on exchange doesn't mean if the ICO project is scam. Many ICO tokens always drops sharply after listed on exchange. The drops caused by airdroppers or bounty hunters who sell their token right away that lead the price to be dumped. Moreover, not of all ICO price drops after listed on exchange (For example : Wanchain and Pundi X). Don't only follow the price but also the project's development.

I agree with you that Pundi X is a good project. As for the fact that all projects fall in price after the appearance of their coins on the exchange - I think it's abnormal.

Rostock

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So, I see that opinions are divided. I though gave an example on such an ICO project as KickCity, but I do not think that this is some very good project - it is rather from the category of ordinary ones. I can tell you what projects I really think are good, but the problem is that the price of most projects just falls when they are listed. I do not think that such a strong influence is exerted by the participants of the bounty companies, as in 99 percent of cases, they receive no more than 2 percent of the total amount collected during the ICO.

chipzeru

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The price drops after getting listed on exchange doesn't mean if the ICO project is scam. Many ICO tokens always drops sharply after listed on exchange. The drops caused by airdroppers or bounty hunters who sell their token right away that lead the price to be dumped. Moreover, not of all ICO price drops after listed on exchange (For example : Wanchain and Pundi X). Don't only follow the price but also the project's development.

omar bakrie

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not always good thus ICO scam. However, many successful ICO project also. And the investor can harvest. ICO scam is a disaster, that is currently difficult to avoid. Moreover, with the number of jobs that a growing number of ICO. Automatic opportunity scam gets bigger. so we must always be careful.

vckubvbm

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Right now, the risk of investing in ICO is very high, and we all know the loss rate of ICO this year, which prevents new investors from entering the field, without new funds to push the project, which has led to the market not going up.

Nanda Dewi277

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Quote from: Neymar10 on May 20, 2018, 05:54:53 PM

Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

I think that you are mistaken for the account of the fact that the ICO ceases to be a profitable business. So many projects are losing price, but really good projects are only expensive

this is the risk that must be faced by the investor, anything can happen can be profitable and can lose. in the price situation down investors should be smart in managing the coin in the hold and wait until the price grows. and it is unlikely that all coins will continue to rise if that's true everyone must be rich. in the ICO world, there will inevitably be growth down and up

yazher

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You own the pen

That's normal when hitting the exchanges normally the price will drop at first but when they began to develop their project the price will began to rise. scammed ICOs are not even listed on exchanges.

Gozie51

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

You are not wrong about your observations.

However, for the good icos, the cause of fallen price is because of dumping especially from those who got it for free either through bounty campaigns or airdrop. So they just go to the market and drop their own share. This even distablize the developers and team too from there focus and white paper.

Coltpython

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

This is not a scam but a dumped ico. It happens in a lot of cases. But not all icos are like this. Some icos actually do x5 or more as soon as they hit exchanges. It all depends on the demand for the tokens and the concept behind the project. Look at quarkchain for example. It's hard to see that kind of ico dip badly because there is a lot of demand for the tokens. Expect a x10 when it gets to an exchange.

HardFireMiner

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Without regulation, you are right, all ICO are scam! ICO without regulation is a scammy distribution model.

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

Kickcity was offering a mainstream idea and that makes a lot of people are losing a lot of trust to the kickcity. Even the development progress will not help the project a lot. Investing in an innovative project will become the key to get a promising ico just like remme which offers the interesting idea to bring the majority of dapps platform to the passwordless platform. Remember so many hacked case started from the combination by the admin and password. remme try to develop a unique idea compared with kickcity and kickcity was nothing.

Crypto Jennifer

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There's this ICO going on for an Australian company called BlockGrain.io They’re aiming to automate the supply chain with Grain and later on Fruit/Vegetables/Wool. The sale has started.
You might also be interested in their BlockGrain.io bounty thread https://blockgrain.typeform.com/to/CLUlBw

manggis97

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There are many factor that make the price of token below ICO price but the big factor actually is from the their team founder, if they manage the project by professional should the price of the token will increasing , For example some Australian Project ICO like POWR and Lympo that consist of professional and solid team so that why the price keep growing. Now very important to know detail of the team founder, because they will be key of successfully of the project.

Moiyah

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Have you heard about shitcoins? Preferably, that KCY is one of those. There are tons of ICO's that offering their useless coins. Yes, had a value of $0.10 before, but considered useless now. If the price of KCY is stable until now around $0.005, then it disappoints the hell out of me. For some quite time, I have seen just a few ICO's that are successful. If you are still hodling some of it, you may still wait it's price to just increased 10-30% then sell them right away.

batang_bitcoin

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Yep a good ICO can be also a scam.

Money matters so these devs are making their best to make the project at best and beautiful but we really don't know their real intentions.

Quote from: dogetalk on May 20, 2018, 08:45:06 PM

I get annoyed from people calling ICOs scam. Maybe some ICOs are scam, but the most of them are legit. You have to inform yourself if an ICO is legit and if you aren't able to do this, you are blamed yourself. Just saying scam, scam, scam is nonsense!

You have to understand the point of the OP.

Gerandoong

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I think maybe they are still developing the project. But some ICO is impressed to play with the price.
But I suggest you stay patient. And if you choose to invest should do research in advance so that you will not regret.

MinerHQ

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Quote from: paramex on May 20, 2018, 09:09:36 PM

I think you need to understand that because the increase or decrease in the price does not make it a scam. I remember the price of But connect keeps going up until they came out recently. And usually, the price takes a long time to go higher than the ICO price pair this is just the normal price movement in the market.

But not all projects will go well because many of them are fake projects so if you hold longer you may not get anything back. So you need to study the project and team behind it to hold or not.

Real projects also takes time to show the results so after the ICO if market conditions are bad then ICO token price also goes down along with other coins but if project is good then no need to worry because once project start implementing one by one features slowly prices will recover and you will get a profit in the long run. Many people including me will fail to find a good project to invest.

paramex

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I think you need to understand that because the increase or decrease in the price does not make it a scam. I remember the price of But connect keeps going up until they came out recently. And usually, the price takes a long time to go higher than the ICO price pair this is just the normal price movement in the market.

cikey

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You are just an example of a failed ICO, there are many successful why you do not exemplify? In any case, if you are optimistic about this project, you need some time to wait for its value.

dogetalk

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I get annoyed from people calling ICOs scam. Maybe some ICOs are scam, but the most of them are legit. You have to inform yourself if an ICO is legit and if you aren't able to do this, you are blamed yourself. Just saying scam, scam, scam is nonsense!

Trollinator

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I think what you mean is that when investors don’t get there way they are quick to call an ico a scam. Just childishness in cryptos, I believe

cryptocyprus

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Quote from: Markyway88 on May 20, 2018, 06:47:55 PM

No! You are wrong with your interpretation. Good ICO will become successful because it is good in the first place. I consider a good ICO as having a great developers and promising project. By that, we can consider that good ICO is not scam. Specially, if we can see the progress of an ICO. If we want not to be scammed here, we should not invest out money. Cryptocurrency is a risky investment, if you want to earn, you should risk your asset.

The problem is also that the concept of a forward-looking project is no longer an exception. On the market now a lot of projects and they are all promising, as well as all of them are monotonous. The last project I really liked is OnLive.

Thirio

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Not all though. Although maybe yes, some ico do start off high and when in exchanges -- low, it would eventually boom in months time. Remember the roadmap of their project? Look for key points in the map like the launch of their actual product, weeks or even months after that time would probably the best time to sell.

ylnar123

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

I don't think it's a scam already. Comparing the price when it hits exchange is such a terrible thing to do. Remember that the real product of the ICO is not on the exchange but on the technology it offers. Wait until the launching of the beta version of the ICO you joined and you will know that the initial price when it hits the exchange is not real but it was due to the dumpers and that are the bounty hunters and the discounted price.

rapidleech

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Seems we have different definitions of 'a good ICO'. What the hell is KickCity?!!!?
The problem here is you obviously picked your ICOs the wrong way. Always remember 90% of icos are scam, you should find Real ones.

goaldigger

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Legit ICOs are hard to find these days because even the one who has good projects seems to scam people too. This is also why you cannot blame people who decided to hold bitcoin rather than to invest in ICO. Too much ICO exist means too much ICO that people must be aware in order to avoid scamas and not be a victim.

Markyway88

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No! You are wrong with your interpretation. Good ICO will become successful because it is good in the first place. I consider a good ICO as having a great developers and promising project. By that, we can consider that good ICO is not scam. Specially, if we can see the progress of an ICO. If we want not to be scammed here, we should not invest out money. Cryptocurrency is a risky investment, if you want to earn, you should risk your asset.

8count

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I have invested in ICOs for ages but I'm getting more and more against it in the current market. But remember even ICO such as oyster pearl (PRL) was $.06 ICO price and when it hit the market, you could pick it up a $.01 at 1 stage in mid Dec 2017. Then it maxed out at $3.75 or something around that. The team and product sometimes just need exposure, if they have the right product.

bandar

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Quote from: marks1976 on May 20, 2018, 06:30:44 PM

Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

Lol for me kickcity is a very bad ico, Roll Eyes

if do you think that was a good and you are really wrong aboout that. Terrible team, road map and etc. Look at how real good icos just like zilliqa and ontology give me more than 150x right now from my initial investment. if you are saying that kickcity as a good ico and that's a joke.

Did I mention kickcity? I don't think so...

Some of the ico's I did last summer were POWR, SNC, MNX, NEU, UTRUST, ATLANT, ... Most went way above ICO price and I always sold some.

Anyway, you should ALWAYS keep some of your ico coins in case they skyrocket some time. I bought huge huge amounts of XEM in ico back in 2014 and sold all of them way too early. f I would have held to them, I'd never have to work a day in my life again... But helas, that's crypto Grin

marks1976

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Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

Lol for me kickcity is a very bad ico, Roll Eyes

if do you think that was a good and you are really wrong aboout that. Terrible team, road map and etc. Look at how real good icos just like zilliqa and ontology give me more than 150x right now from my initial investment. if you are saying that kickcity as a good ico and that's a joke.

bandar

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A good ico is an ico you bought last summer. Grin

No really, I mean it. Last summer was ico heaven. I bought tons of ico's and most did x3 to x30. Just 20% turned out to nothing. Buy an ico now fro the endless list of bullshit ico's and you're lucky if they even hit the exchanges. I'm done wih buying ico's. I just do bounties now. The only ico's I will buy are the projects I know that are solid but haven't gotten to the stage of an ico yet. IF they do an ico, I will buy. I'd rather invest in a project with a solid idea and a coin that is not just a useless erc-20 token whereby the token itself will never be of any good to the system. All these funny projects like delivery-drones and shipment stupidities that require the token BESIDES the big cryptos to be used IF the project ever works out. Nah... Grin

Sarastiche

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Merit: 10

BITCOIN IS THE CURRENCY OF THE GLOBE

Remember that ICO developers do not have control on the market trend, even if the price reduce, when they get to exchange, sure there will be correction overtime, and the price will rise. Market reaction has an influence on ever ICO.

muncuss

full member

Activity: 747

Merit: 101

Price drop is not a scam, unless the dev fraud you. It's normal if they have a bounty, you shouldn't join ICO for short term. Give it time, you will get sweet return

kenjionline

full member

Activity: 443

Merit: 101

If you chose this project for investment, I'm sorry for you. If you chose this project for investment, I'm sorry for you. You can, for example, trace prices after ico for QuarkChain projects or Neonexchange. I think you will be pleasantly surprised.

billyj111

full member

Activity: 322

Merit: 100

Deal Coin - P2P Lending Eco-system

Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

Today was another example of the project Libra Credits began to trade x3.5 in ETH. So it's too early to write off the ICO in a non-profit business

N-gen

member

Activity: 289

Merit: 10

In my opinion, maybe they are still developing the project. But some ICO is impressed to play with the price. But I suggest you stay patient, this happens not only from 1 problem only. But some token holders directly sell their tokens to keep prices down

hhussain

newbie

Activity: 154

Merit: 0

Some of the ICO fall in start it does now means that it is a scam because when the market is in bloodbath it also affects the coins which get out of ICO but many coins go up in price also after getting out if ICO you just need to analyze properly before entering in any ICO.

yomarve

jr. member

Activity: 196

Merit: 6

https://cryptotvplus.com

It's very easy to call that which you do that know a scam because you don't understand it.

The fall in price has nothing to do with the project being a scam. It's simply supply n demand workings

Neymar10

sr. member

Activity: 588

Merit: 250

Quote from: Rostock on May 20, 2018, 05:23:54 PM

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

I think that you are mistaken for the account of the fact that the ICO ceases to be a profitable business. So many projects are losing price, but really good projects are only expensive

Clavulanic

sr. member

Activity: 714

Merit: 250

Quote from: WaffleMaster on May 20, 2018, 05:42:51 PM

Well that's your first mistake right there. You assumed the market price of the token will be worth the same that the ICO is selling it at. Many factors come into play, and to me it sounds like what you were talking about was just a typical pump and dump with no innovation or purpose. A ton of ICO's are made by people who just hope it can get pump and dumped. The developers are the only ones making money in that situation.

That's merely a situational, because the devs are the one who will facilitate the funds to capitalize the trading of your ICO token. It happened that the project successfully earned huge funds, but eventually the website of the project doesn't seem to be honest to investors and bounty hunters. Although they've rewarded the tokens for those investors and bounty hunters it doesn't mean you won't be scammed. Scammers strategy can be the volume price at trading sites that became corrupted by the developers.

Classica35

jr. member

Activity: 518

Merit: 3

You have just assumed that to be applicable to all projects. Not all ICO will sell low after being lunched into exchange compared to the ICO price. What you should know is this - perhaps you have been investing into pump and dump coins. It might also be that you do not consider the major factor behind investing into good ICO. The product of an ICO is of utmost importance when investing.

steplaza

newbie

Activity: 175

Merit: 0

In fact that's why there are several strategies to limit this event..like freezing tokens for a given period, or distributing them gradually. This avoids unwanted dumping post-ICO

cryptonx

sr. member

Activity: 1176

Merit: 252

Futurov

sometimes the price is really need a long time to go higher from the ICO price mate
this just a normal price movement in the market

Mi5h0

sr. member

Activity: 560

Merit: 273

Basically, we have very different definitions of 'a good ICO'. Cheesy

As Hughesy26 already said, this is not the case with every ICO and you obviously pick your ICOs the wrong way.

jacaf01

hero member

Activity: 742

Merit: 500

The revolutionary trading ecosystem

I do understand your concern, but you need to understand that because a price rise or fall doesn't make it a scam. I could remember Bitconnect price continue to climb until their exit recently. I was selling the idea of a ICO investment to a friend recently and his concern was that is not better to buy on exchange than invest in ICO because most of these tokens seems to dump on exchange and this is what indeed played out because the priceof the token is now below the ICO price and this is a project I believed in long term

WaffleMaster

hero member

Activity: 966

Merit: 546

Well that's your first mistake right there. You assumed the market price of the token will be worth the same that the ICO is selling it at. Many factors come into play, and to me it sounds like what you were talking about was just a typical pump and dump with no innovation or purpose. A ton of ICO's are made by people who just hope it can get pump and dumped. The developers are the only ones making money in that situation.

Hughesy26

jr. member

Activity: 182

Merit: 1

This is actually a common trend in the stock market. It's called an IPO reversal. Basically all of the hype around a launch boosts the inital price of the stock/token beyong reasonable market levels. They often do reverse though - i.e prices fall, bottom out and then increase way beyond the inital IPO/ICO price.

If EVERY ICO did this then no one (smart) would invest in ICOs and instead they would invest at the bottom of this dip.

However, many ICOs do result in coins being much higher on launch day. Zebi for instance 4x'ed I believe. This is more likely to happen with a ICO with a low hard cap, as many people can't get in that wanted to.

So as a general rule, best to avoid ICOs with crazy (50m+) hard caps.

Rostock

member

Activity: 364

Merit: 10

I began to notice that there are ICO projects that are quite good, but even they are a kind of Scam. I'll explain why I think so. First, people invest in this project at the most favorable (low) prices by buying tokens of this project, at least we are always convinced of this. But when it comes to the exit of the token to the Exchange - the price drops sharply and falls even below the original cost for one token. In some cases, it may fall 10 to 15 times. For example, the recent ICO project KickCity. The price of their token should be equal to 0.10$. Now the price for ONE KCY token is approximately$ 0.005, that is, the price fell when entering the exchange 15 times and this is not the only case. Investing in ICO ceases to be a profitable business.
What do you think about it?

Topic: A good ICO is also a Scam. (Read 513 times)