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Topic: ALL Initial Coin Offerings are Trash - page 17. (Read 22311 times)

sr. member
Activity: 1092
Merit: 269
January 26, 2019, 03:54:24 PM
#51
for me, all ICOs are not rubbish, of course there are ICOs that are truly profitable. so we don't assume that all ICO is garbage before we see all the ICOs running. because for me ICO has something that benefits us so far, even though it's not much.
legendary
Activity: 1386
Merit: 1058
January 26, 2019, 10:41:09 AM
#50
That is exactly the point, when there is 20%+ that was not scam you can not say all of it was scam, yeah most of them were but that is the word for it "most" not "all". If you look at the coins and ICO's that came out of funding in that manner you can see that there are 3 type of ICO's that exists in today's world.

First one is the known by everyone scams, they just get your money and they get away with it, sometimes right away, sometimes they stay along for a while and act like they are not stealing directly but selling their tokens right away and whatever, basically scam you in any way or shape. The second one is the failures, there are coins that came out thinking they were great but than people didn't care about them so they went to nothing, not because they scammed people but because they failed to deliver what they promised. Last of them which is the reason why everyone invests into ICO's is the successful ones.

I have not seen a coin that stayed around the ICO price for too long, if a coin drops it drops but if a coin succeeds like the third option, it usually skyrockets into top 20 of all coins and they make you 100 times the money you invest and everyone dreams of hitting that one big coin.
member
Activity: 672
Merit: 35
#BUIDL team to become delegates-validator
January 26, 2019, 10:31:45 AM
#49
Overall ICOs will remain possible but different way of funding Token maybe with the IEO (initial exchange offerings) we know it most currently. ICOs will are trash or end : not yet, depending on the type of project e.g. such as implementation, purpose vision and mission, stage of development, the product of MVP, including core-team.

it’s a correction to all thing was a lot of scam/exiting ICOs in 2018.  I think the main effort’s like the purpose any project is not credible, not competent to bring good ecosystem.

i.e. careless which-out
hero member
Activity: 812
Merit: 500
January 26, 2019, 04:30:02 AM
#48
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

You have given the source that only 80% are scam projects, so why do you say that all ICO projects are scam. Because of the 20 largest altcoin in the coinmarketcap, up to 5 altcoin are ICO projects
sr. member
Activity: 854
Merit: 267
January 26, 2019, 04:16:17 AM
#47
Unfortunately, there are also fraudsters in the crypto world. But you cannot put all icos in the same scam basket. Yes, most of them are cheaters, but there are some icos trying to do their job and developing their projects.
full member
Activity: 924
Merit: 221
January 26, 2019, 04:10:02 AM
#46
I'm with you, almost all ICOs are scam and the scamming rate is increasing I guess this will make ICO perish if care is not taken because no one will want to invest in ICOs again and if STO manage to perform better its goodbye to ICO
Probably most of the ICO were fake or will not meet your expectations as most of them promised heaven when you invest but in the end it is the hell they will going to give you in your investment. This because the team only wants monry from.the investors ans there is no really project that will be implemented except for some ICO projects that are now implementing real projects and are now good.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
January 26, 2019, 04:06:31 AM
#45
I don't think that all of ICO are trash because I think there is one or two or more ICO that can works properly after they finish the early stage and they can continue to the next stage. Besides that, I am sure that there is an ICO that was still trying to survive in the market and of course, they need to work hard to make sure their project continues and their tokens can compete with the existing coins or tokens. But I realize that there is many ICO are a scam and makes people lose their money by joining and invest in that project.
member
Activity: 377
Merit: 10
January 26, 2019, 01:35:23 AM
#44
Indeed, many think that all coin offers are rubbish, almost all coins in CMC are through ICO, and developed later can be accepted in exchange so many wants.
jr. member
Activity: 280
Merit: 2
☀️ Iskra Coin ☀️
January 26, 2019, 01:00:02 AM
#43
I'm with you, almost all ICOs are scam and the scamming rate is increasing I guess this will make ICO perish if care is not taken because no one will want to invest in ICOs again and if STO manage to perform better its goodbye to ICO
hero member
Activity: 1932
Merit: 504
January 26, 2019, 12:55:16 AM
#42
jajaja, that's not true at all, don't you see ADA ETH and WAVES too? Is the coin rubbish? of course not, not all ICO are trash .
It's not all about ICO it's about projects if the project is good then the coin will be loved and will be one of the best coins
well, ETH and WAVES both of it is a coins, not tokens. But we know some ICO nowadays only a little that already successed. Not about successed in their sale, but it can looked by success in market or maybe price always high that can called success.
jr. member
Activity: 448
Merit: 1
January 26, 2019, 12:48:59 AM
#41
jajaja, that's not true at all, don't you see ADA ETH and WAVES too? Is the coin rubbish? of course not, not all ICO are trash .
It's not all about ICO it's about projects if the project is good then the coin will be loved and will be one of the best coins
But, I don't know but most of them are trash. They are trash because people just wanted to use ethereum and bitcoin. Both are dominated the crypto sers
copper member
Activity: 112
Merit: 0
SIGMA
January 26, 2019, 12:22:39 AM
#40
jajaja, that's not true at all, don't you see ADA ETH and WAVES too? Is the coin rubbish? of course not, not all ICO are trash .
It's not all about ICO it's about projects if the project is good then the coin will be loved and will be one of the best coins
hero member
Activity: 1302
Merit: 540
January 26, 2019, 12:12:49 AM
#39
When number of scam ICO increasing then automatically people will says bad things for crypto even most of them will blamed cryptocurrency when they got scam and the percentages of scam ICO's will still high in this year because when large of money involved then so many people will be greedy and want to take an advantages from the popularity of ICO's however i believe the current statistic for scam ICO's more than 80%
The problem with that, newbies and spectators will gained bad impressions to this market, instead of pushing forward and start investing they will doubt
the potentials because of this bad things that they've seen around, this scambugs will continue to grow as they seen easy and quick process to gain money, no doubt that there's still risky people who still take ico's as an investment.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
January 25, 2019, 11:36:51 PM
#38
When number of scam ICO increasing then automatically people will says bad things for crypto even most of them will blamed cryptocurrency when they got scam and the percentages of scam ICO's will still high in this year because when large of money involved then so many people will be greedy and want to take an advantages from the popularity of ICO's however i believe the current statistic for scam ICO's more than 80%
jr. member
Activity: 234
Merit: 1
January 25, 2019, 11:32:02 PM
#37
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
Some member here will agree and some may not, but me I am 100% agree with your thought i happen to be victim of many scam ico project until recent iwake up from my slumber why will a developer requesting  50-60 millón to develop an app and and at the end the story we had is there are hacked I am talking of a project that claim they want to handle public fund and cannot secure it’s own wallet , in my conclusion many ico developers will be jailed very very soon.
Very soon I will published some of scam ico that are still parable to be legit but there not.
hero member
Activity: 2520
Merit: 952
January 25, 2019, 11:18:00 PM
#36
Last year's market also played it's role in 'ICO Scams' people used to buy anything to everything in hope of making profit.
legendary
Activity: 2674
Merit: 1048
January 25, 2019, 11:15:27 PM
#35
It can be taught, many people don't get the profit they wanted through ICO, even most of them only get fraud because they choose ICOs scam. This is always a problem at the ICO, there is no reliable party to determine legitimate ICO and ICO scam. Every investor can only determine himself in a simple way, maybe in the future there needs to be supervision for the ICO so that everyone can target the profit he wants or at least when the ICO fails to launch, then the money they spend can return intact.
full member
Activity: 1024
Merit: 100
January 25, 2019, 11:05:51 PM
#34
if ico is a shit then why are there still many new projects looking for development funds from the ICO. I think this situation exists because the market is experiencing a bad.
sr. member
Activity: 1372
Merit: 322
January 25, 2019, 11:14:35 PM
#34
Not all ICOs are trash. I recently have seen VENA which is really a good one in my eyes because they already started with their project and as far as I have tested, I like the whole system. They have now working products which may be popular in the near future.
sr. member
Activity: 700
Merit: 250
January 25, 2019, 10:45:32 PM
#33
No ICO where can give good results for one year and then up to this time. When many that provide ICO trash then I say it is natural because it is old doesn't feel satisfactory results. But even though it is currently in the form of trash but the ICO will still be able to deliver the results among the many existing ones. just wait and not just in waiting for this thing to be able to ride.
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