Topic: ALL Initial Coin Offerings are Trash - page 7. (Read 22311 times)
ICOs are gradually phasing off as a result of the scam that people have decided to perpetrate through the ICO process and then no trace is ever discovered hence the need for ICO to be trashed. what is trendy now is the IEO and also the STO but personally i prefer IEO as they give more confidence to the investors.
Not all are useless Initial Coin Offering but just like what you have said that 80% of them were created just for collecting funds. There are still ICOs that are well established for a long time because of their great platforms and projects.
Not all initial coin offerings (ICOs) are trash as some people may see it. Although there are scam projects and other ones run by inexperienced team which eventually end up unsuccessful, there are good ICOs which are up to task and delivering both the services of cryptocurrency and their products. There are countless projects which used ICOs yet became successful on the market. All that matters is the ability of an investor to research into these new ICOs in order to ascertain which one is authentic.
I doubt about your claim.. there are also many good projects outside, but due to the lack of trust nowadays with the proliferation of exit scams, is very difficult to achieve success and keep the price of any token. So most of teams just abandoned the project! But the few that keep on working during this down trend, will see profits in the future!
I also do not agree that all ICO are trash. Encountered some legit ones with working product already. But yes, you can count them with your fingers. I would say a project holding ICO is not a scam if they have working app/product deployed in the market already, with active users, with transparent team members and with legit documents. But I would say, the working product is the concrete evidence that they do exist.
More than 80% ICOs are scam last year and i am agree that we can count legit ICOs with our fingers. Hard to find a legit and profitable ICOs because there is no regulation about ICOs last year and its make scam peoples want to take advantages from unexperience investor
I doubt about your claim.. there are also many good projects outside, but due to the lack of trust nowadays with the proliferation of exit scams, is very difficult to achieve success and keep the price of any token. So most of teams just abandoned the project! But the few that keep on working during this down trend, will see profits in the future!
I also do not agree that all ICO are trash. Encountered some legit ones with working product already. But yes, you can count them with your fingers. I would say a project holding ICO is not a scam if they have working app/product deployed in the market already, with active users, with transparent team members and with legit documents. But I would say, the working product is the concrete evidence that they do exist.
More than 80% ICOs are scam last year and i am agree that we can count legit ICOs with our fingers. Hard to find a legit and profitable ICOs because there is no regulation about ICOs last year and its make scam peoples want to take advantages from unexperience investor
I doubt about your claim.. there are also many good projects outside, but due to the lack of trust nowadays with the proliferation of exit scams, is very difficult to achieve success and keep the price of any token. So most of teams just abandoned the project! But the few that keep on working during this down trend, will see profits in the future!
I also do not agree that all ICO are trash. Encountered some legit ones with working product already. But yes, you can count them with your fingers. I would say a project holding ICO is not a scam if they have working app/product deployed in the market already, with active users, with transparent team members and with legit documents. But I would say, the working product is the concrete evidence that they do exist.
That is actually convincing. I was once a Bounty hunter last year, after months of bounty hunting, only a few have given their token and most of them don't even have value to this day. I would say 99% of ICO are a scam and should be avoided to prevent more scams from happening. I agree that new innovations in this space should be presented for free just like Bitcoin.
I doubt about your claim.. there are also many good projects outside, but due to the lack of trust nowadays with the proliferation of exit scams, is very difficult to achieve success and keep the price of any token. So most of teams just abandoned the project! But the few that keep on working during this down trend, will see profits in the future!
Since ICOs became very easy to create and launch, ICOs became trash because individuals with fraudulent characters whose aim is only to fleece investors invaded it. Right now, investors mostly look out for STOs
I do not agree with this, although I understand that now this situation more describes what is happening with the ICO. I think that by 2020 something in this area should change, that is, this year there will be changes and I hope that the market will now once again fall and shake more such projects in the trash.
I have the same expectations, and have confidence that 2020 will be the perfect momentum for crypto.and when it's starting to go green, it's a good sign.
Cryptocurrency is increasingly popular, so many people are trying to make a profit by cheating through the Ico project. Then we must be smart and realistic in the world of cryptocurrency, as explained by the OP. Don't be easily influenced by the lure of big and instant profits, all require a process. It takes the experience to be able to predict whether Ico is potential or not, so be careful.
Well we also have to be active in checking whether the ICO that we are following has pretty good potential because as you say the loopholes to commit fraud on ICO are very wide open because making ICO that looks good is very easy to make even though many ICOs become garbage because Crypto is bad but we also need accurate analysis. 
I do not agree with this, although I understand that now this situation more describes what is happening with the ICO. I think that by 2020 something in this area should change, that is, this year there will be changes and I hope that the market will now once again fall and shake more such projects in the trash.
not everything are trash, there are some that have good quality.
indeed it is very difficult to judge a good project, sometimes projects whose coin sales reach hardchap (usually this is considered a good project) do not guarantee to be a coin that has good value in the future.
I think it is necessary to examine several factors to decide whether a project has good potential or not.
indeed it is very difficult to judge a good project, sometimes projects whose coin sales reach hardchap (usually this is considered a good project) do not guarantee to be a coin that has good value in the future.
I think it is necessary to examine several factors to decide whether a project has good potential or not.
Not 80%, I would say 90% are trash and scam. That's why I don't give a fuck to the ICO anymore and hope a lot of people are also doing so. ICO has already died just because of those kinds of trash. STO will replace the market soon.
The sad truth is that maybe 1-5% of projects will survive in next few years. When you invest your money or time it is risk that you have to take if you want to participate. Consider your invested money like buy-in the project.
Anyone still investing in Initial Coin Offerings do that at his or her own risk. The point is buttressed so many times on this forum, so I wonder if people do not see. It's no longer news 95% of them are scam.
experienced investors can find good projects. There are entire departments in which dozens of people work who select good projects even in a market like this. I’m sure that everyone who says that investing in ICO doesn’t make sense right now - they just don’t know how to choose projects
Cryptocurrency is increasingly popular, so many people are trying to make a profit by cheating through the Ico project. Then we must be smart and realistic in the world of cryptocurrency, as explained by the OP. Don't be easily influenced by the lure of big and instant profits, all require a process. It takes the experience to be able to predict whether Ico is potential or not, so be careful.
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
Everyone has his opinion on something and i dont blame you because a big part of the ICOs existing is scam. Its also hard to define whether its legit or not. A business needs capital and investors to start a good project with a budget and i dont think ICO itself is bad. It is such that, people abuse it and its not right.
Most of the time the icos are not that good. And people are unable to get some profit from them. We saw for last few months the market conditions of the market is not so well so the works in that is most of the icos are unable to collect anything. There is many reasons behind the ico market is the failed and scams icos. So almost 95℅ orayb more icos in this market are fake or scam. But that not means that there is no good project. There are msny good project is on in this market.
Anyone still investing in Initial Coin Offerings do that at his or her own risk. The point is buttressed so many times on this forum, so I wonder if people do not see. It's no longer news 95% of them are scam.
experienced investors can find good projects. There are entire departments in which dozens of people work who select good projects even in a market like this. I’m sure that everyone who says that investing in ICO doesn’t make sense right now - they just don’t know how to choose projects
Anyone still investing in Initial Coin Offerings do that at his or her own risk. The point is buttressed so many times on this forum, so I wonder if people do not see. It's no longer news 95% of them are scam.
Jump to: