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Topic: ALL Initial Coin Offerings are Trash - page 12. (Read 22287 times)

sr. member
Activity: 784
Merit: 250
February 03, 2019, 11:02:53 PM
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.
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
February 03, 2019, 10:58:52 PM
I just received two of my coins, and they are not performing well in the market, and these two posts that they have reached their softcap, they are talking millions of dollars, but look what is happening right now, these two tokens are into a small exchange with no buy order.
full member
Activity: 1176
Merit: 104
February 03, 2019, 10:45:03 PM
It should be ALMOST but not necessarily all. I still believe that there one out there that is yet to discover by all of us thay can make a difference to those "dead projects", exit scams after getting a lot, a pump and dump coin etc. But of course it will still depends on the community who will support it until the project is up and working. Hoping to see this kind of project again.
full member
Activity: 812
Merit: 102
February 03, 2019, 08:03:12 PM
No, I don't agree with you. There are very good projects. There is also quite a lot of garbage, but to say that all ICO costs nothing will also be untrue. Sometimes I think this direction is dead, but there are some projects that make me question this statement.
jr. member
Activity: 294
Merit: 1
February 03, 2019, 07:55:41 PM
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
Nothing is real left  of the initial coin offering anymore. It is as if the current ICOs are just trying their luck to see if they can still pull any amount of fund even if it is 10% they can raise.
full member
Activity: 571
Merit: 100
February 03, 2019, 07:35:57 PM
You are well aware that now investing in ICO is useless if you want to make a profit in the short term. Due to the fact that the market is moving down, fewer people are interested in investing in cryptocurrencies and especially in ICO.
copper member
Activity: 381
Merit: 1
February 03, 2019, 02:46:11 PM
Everything is not trash but some are really worth it, and for this problem there is a need to sort out the best. And if you are filled with doubts because of the many scams, try taking a break to calm your mind.
member
Activity: 406
Merit: 10
February 03, 2019, 02:18:49 PM
Yes, currently there are a lot of ICOs out there trying to get as much as money as possible, but I think they are actually late and people started to realize there is no money in that. It isn't like it used to be and we have to face that, most of the projects now are just scams trying to grab onto some money. Pathetic.
jr. member
Activity: 70
Merit: 3
February 03, 2019, 02:16:48 PM
But what do you mean under "All ICO are trash" ?
If you can multiply your investements and sell at good price. But the project still has no real application. So you made some mone with that.
Is it trash or not?

Just because you get a cut doesn't make it any less trash.
copper member
Activity: 336
Merit: 1
February 01, 2019, 05:24:00 PM
It's a bit harsh to say all of them are trash, some are actually very good. You just need to be picky on which ones you support, some are changing the way regulations and ID are done such as THEKEY. If you look it up and see all the great things they are doing you will be impressed and start buying
member
Activity: 238
Merit: 37
February 01, 2019, 05:22:45 PM
Most of the ICO are just there to scam people,fake projects having taking over the crypto sphere and that is why the ICO these days are nothing.
newbie
Activity: 67
Merit: 0
February 01, 2019, 05:15:23 PM
Grin What is the ratio today 5 out of 5? It seems to me. Now projects practically do not bring any profit to investors. I think it will end soon. 2019 will become a collapse of cryptocurrency.

I don't think so. Crypto will go on and on.  I hope the market will throw away all scam and all shit.
newbie
Activity: 67
Merit: 0
February 01, 2019, 05:13:03 PM
Not all, 2018  is not so good as there were so many trash and scammed ICO.
but 2019 is different and there are so many people who wants to succeed in the world.
We should not stop supporting them as long as they are legit as they will make the community stronger and better.
I still believe in most ICO and they will make it.

I am with you. And I want to add: even if some of ICO are scams it does nor mean that all are.
You should check when invest.
jr. member
Activity: 434
Merit: 2
February 01, 2019, 03:46:13 PM
ICO these days as turn to away of making money instead of raising funds to develop a project and that is why some dev and team trying to raise a ridiculous amount of money at times.
jr. member
Activity: 602
Merit: 2
February 01, 2019, 02:51:13 PM
 Grin What is the ratio today 5 out of 5? It seems to me. Now projects practically do not bring any profit to investors. I think it will end soon. 2019 will become a collapse of cryptocurrency.
member
Activity: 420
Merit: 14
February 01, 2019, 02:48:22 PM
It cannot be argued that all ICO projects are rubbish or fraud. And earlier there were good and promising ICO projects, and now they are, and they will continue to be. I also remember how it worked in 2017. There, 70-80 percent were working projects and all earned good money. These times still have to return. Perhaps through government regulation of ICO activities. While ICO remains a real way to improve cryptocurrency.
full member
Activity: 287
Merit: 102
February 01, 2019, 02:07:04 PM
But what do you mean under "All ICO are trash" ?
If you can multiply your investements and sell at good price. But the project still has no real application. So you made some mone with that.
Is it trash or not?
This is manipulation. if you earn money on something that does not exist, then this is ordinary speculation and there is nothing good in it except profit. that is why the manipulation tools themselves are simply garbage that you buy and sell to those who do not understand anything in projects

Yes it is that. But TS didn't say what exactly mean. Anyway a profit from the ICO even "trash" ICO can't be named trash. The speculation is a huge part of market and not only of cryptomarket
member
Activity: 714
Merit: 11
February 01, 2019, 11:42:36 AM
Nope, Not every but mostly are. Oath protocol is a very good project. This ICO has all the potential to be successful. So it will not a trash according to my research.
full member
Activity: 728
Merit: 131
February 01, 2019, 11:40:31 AM
Not all, 2018  is not so good as there were so many trash and scammed ICO.
but 2019 is different and there are so many people who wants to succeed in the world.
We should not stop supporting them as long as they are legit as they will make the community stronger and better.
I still believe in most ICO and they will make it.
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
February 01, 2019, 11:39:49 AM
Unfortunately, this is the case; all ICO scams, even good projects often turn out to be terrible. Perhaps investing in ICO now can be called one of the most dubious investments.
From the beginning, long-term investment in ICO was a dubious idea) Only the creators of the ICO and the people who have invested money on a short period of time have earned the money.
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