Topic: ALL Initial Coin Offerings are Trash - page 11. (Read 22312 times)
That was the biggest mistake for them knowing that all ICO'S are a complete trash, because it was not. Though there are many ico that can be determined as scam. But most of ico also are good and have a great concept.
You can not necessarily say all are trash at the moment because some are still performing absolutely well. Like bittorent it did x4 in this bewr market
At the moment yes. I like only fetch ai, but nothing more. From my point of view ethereum is the most popular one platform, but recently some platforms like Binance suggest a new way and it can be a hype!
I think what you're saying is uncomfortable truth. It was so pleasant to create an illusion,
and it's a heartbreaking experience to admit one has been fooling himself. But on the whole, I agree with you.
and it's a heartbreaking experience to admit one has been fooling himself. But on the whole, I agree with you.
ICO is dusting the eyes. When we invest in an ICO we pay for the prospect, not for the finished work. This means that the risks are extremely high. Developers are free to do whatever they want without bearing direct responsibility.
most of ICOs look poor and bad but there are also good and sucessful project, so I`d not to say that ALL ICOs are trash.
May be some of them really are. Or even most
May be some of them really are. Or even most
Not at all, I don't agree. Not all ICOs are trash. We have a lot of ICOs that are doing wonderfully well, worthy of investing in especially those that have in market for some time. Even few of those coming out now are also good just that the market situation is not making them to live to their full potential. Many ICOs are trash but not all of them
I am surprised, where is the fraud, the coins are created to participate in the exchange game. You think that no one loses on dollar exchange rates on commodity exchanges or stock exchanges, there are a lot of examples, there was a code to buy company stocks in Japan and past hurricane stocks fell in price and end, but nobody says that this is a fraud, and how many millions of people lose on courses of dollars and apartments and factories, but no one says that this is a fraud. Because this is a stock exchange, this is a game, take the new coins and sell them on the first day of stock exchange or hold them until they grow. This is a stock exchange, someone wins, someone loses this life, this is normal.
There's a lot of posts in this section "ICOs will come back", "Some ICOs are scams", "Should I do ICOs". These all contain the implication that Initial Coin Offerings are fine and dandy.
What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?
The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?
The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.
It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.
Resources:
https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?
The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?
The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.
It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.
Resources:
https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
There are some ICO's who provide great idea's but genuinely need the funding to start off to develop the product as it takes in alot of resources and can't be done solely by one man.
Not trying to sell my ICO to you but if you take a look at https://scroda.io/ do you think it's a bad idea? It's not
I know we are missing team members but we are in the process as we are still in the early stages after just going public. We have offers but won't just accept all offers coming to the door as we have to make sure we have quality members.
Looking at the idea what do you think?
But I do agree with you that 94% of ICO's are trash/scams
I think what you're saying is uncomfortable truth. It was so pleasant to create an illusion,
and it's a heartbreaking experience to admit one has been fooling himself. But on the whole, I agree with you.
in any case, lately every cryptocurrency user has accumulated a lot of negative experiences. But in this case, you can not lose heart and use your capabilities and knowledge you need to the maximum. Even a negative experience is good. and it's a heartbreaking experience to admit one has been fooling himself. But on the whole, I agree with you.
I think what you're saying is uncomfortable truth. It was so pleasant to create an illusion,
and it's a heartbreaking experience to admit one has been fooling himself. But on the whole, I agree with you.
and it's a heartbreaking experience to admit one has been fooling himself. But on the whole, I agree with you.
Yeah, scam ICOs are one of the main reasons of so deep and long correction. But unfortunately humans have too short memory and in a few years the history will repeat itself with a new form - STO.
I always thought developers would not be able to do the right thing under current market conditions, some could create a stable community with various updates and additional incentives, and the rest simply resigned and seemed to be able to throw coins into small markets without significant development.
I think the ICO must also be divided into several categories to save projects that have great potential with serious developers to bring the maximum things.
I think the ICO must also be divided into several categories to save projects that have great potential with serious developers to bring the maximum things.
I agree with you 80%, because there are projects that could show the market what they really are and that they can still show a lot. I’m not talking about the projects that are being implemented now, I’m talking about those that were before.
There's a lot of posts in this section "ICOs will come back", "Some ICOs are scams", "Should I do ICOs". These all contain the implication that Initial Coin Offerings are fine and dandy.
What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?
The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?
The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.
It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.
Resources:
https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
hey nice to see someone finally call ico's by what they are What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?
The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?
The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.
It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.
Resources:
https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
generaly speaking.
A solution to this problem will be to control the release of new ICOs and the passage of certain restrictions and checks. Only then will we be confident in our investments.
I don't blame you for calling ICO trash because too many icos are not worth to be released in the first place ,they claim to deliver good project but on the long run you will see many of them vanishing into tin air ,the way I see ICO its more of just copycat project and rely on investors fund this is why ICO has become a target for scammers ,its safer to invest in coins ,not ICOs
to say that all ICO is trash was not quite right, because of thoose ICO scammer out there now it's hard for a decent project to be raised through an ICO. and it was true about 80% of ICO was scam but there still 20% of it worth to see.
it's all depend on us actually to get scammed or not. we can learn from ICO in the past year to determine which was scam and which was real.
Indeed, because of all those scam ICO/project making the crypto world especially on ICO to became bad. I believe there are still good quality ICO/Project that been created in the middle of the scam ICO storm. it's all depend on us actually to get scammed or not. we can learn from ICO in the past year to determine which was scam and which was real.
All ICO are trash? You can't judge it like that, not every single of ICO is bad, there will be always some ICO that success and reaching hardcap, and the price after listed in market exchange is above their ICO price. It's just about how you choose the ICO itself.
There have been a lot of articles mentioned about that and that is an obvious thing of the cryptocurrency market until now. Currently, good ICO projects are also affected on this very much
I don't think like that because after all this depends on our ability to analyze ICO. Many ICO are running and they offer promising tokens. But we also have to take the time to do research. In 2019, I think that ICO will grow more and more.
There is indeed good coin when they are running their ICO but the problem is when it hit the market and you will see the coin's price is very much different from its ICO price its way below its ICO price and this is not an isolated case over 70% of the coins are like this.
Jump to: