Topic: Amount of scam icos will rise again to the whole new level imho (Read 295 times)
Last year, there really were a lot of scam ICOs, but now investors have become more cautious. IEO appeared instead of ICO, which is a safer way of investing in new coins at the expense of a guaranteed project audit by the auditors of the exchange that launches IEO.
Lol, some people's comments are quite funny, how they think they are safe wiht the IEO. you're not even sure about that, and anything can happen. A project that seems good can today can turn out to be a scam tomorrow, you never know all these, they do happen. I have seen a lot of projects that started out as being legit but at the end they turned to something else. Even ICO ends today, scammers are still going think of other ways they can continue their work of getting people scammed. It's all about knowing the projects you choose and the team behind it.
The only project that one is safe with in the market for now are Bitcoin and Ethereum, and every other projects be it ICO or IEO can only try their best to make it work too, because even the developers of those projects only believe that the project will survive but are not completely sure of its success due to the weak products they have.Few projects that I think can still fall in the league of projects that can manage to push to some years are just the ones at the top coinmarketcap. So, I agree with you that because its IEO,doesn’t make it a successful project, they will start their project well, but ending well becomes issue for them as they can no longer manager it in a proper way any longer.
Nope, ICOs are dead and they will never return to their 2017 fame. However, the scammers are always sneaky and clever in finding other ways to create scammy "crowdfunding" crypto projects and HYIP pyramids. It has been proven a long time ago that the stupid people will always lose their money in the end, with or without crypto scams and ICOs.
There is no question that the crowdfunding platform called as ICO has already lost its luster, credibility and viability after all the scams and failures that exploded in 2018 and 2018. Now, the investing public is looking for a more secure and safer arrangement. Towards the end of 2018, there are those who floated the STO option as a means to get back investors back to the game. Right now, many projects are doing the IEO thing or similar offering by doing it with exchanges which has become attractive for the many since the coin/token can easily be traded right away. While I strongly believe in crowdfunding using cryptocurrency and the blockchain, there must be security and protection in check especially in favor of the buying public. We can never continue on believing that token buyers will just close their eyes and let go the scams without hurting the very industry we are in. Yes, there is a chance that many scams can be coming since bitcoin is having a bull run. Scammers can detect when people will be more interested and can be easily swayed to agree with their projects. We have to be careful.
ICO projects are still going through a difficult time. However, I would not say that they are now dead. Some of them still succeed in raising funds, although this happens very rarely. However, they can still be reanimated if the states finally start regulating this type of activity and the level of fraud among them drops significantly. However, the states are not in a hurry to do this, and the process of adopting new laws is not that quick.
scam icos will make money again , prices bitcoin must drop to 4000 level for To stop scam icos till launch etf
I also expect that the old ICO coins that has been almost worthless because of the long bear market will come alive, if that will happen, I might be able to unload all my coins, I was dumb before buying those shitcoins thinking I can sell for profit, but I was wrong and if given a chance, will dump it completely.
Time for the newcomers to hold it. (it's their turn)
Time for the newcomers to hold it. (it's their turn)
I can't help but smile when I read this.
This is exactly how these crypto market cycles usually work. When you're new, you chase the hype and buy the crappiest coins with schemes of getting rich. Then you get dumped on hard and they become so cheap it's not even worth selling them. Been there, done that!
I think you're right about dead coins rising. I saw garbage coins doing 10x moves all the time during the 2017 run. If you've still got those coins, be patient!
Yes, I agree that amount of fake ico will rise again, but one thing I can assure you is that the amount of participation too will reduce, which will kick these annoying projects back to their home and out of the market, as people are now wise to strictly be investing in coin that are at the top of coin marketcap, all these presale offer will no longer be working again, which is why you see that they hardly get to their softcap again.
Recently now, if you see the trend that has been going on in the forum and in the market, people have always talked less of new projects and talked more of top coin, since they now know that virtually all these new presale ICOs have no better idea and no working products.
Recently now, if you see the trend that has been going on in the forum and in the market, people have always talked less of new projects and talked more of top coin, since they now know that virtually all these new presale ICOs have no better idea and no working products.
We can avoid that as there are new comers will come in just because of FOMO, this dumb investors will likely be victims of scam ICO.
I also expect that the old ICO coins that has been almost worthless because of the long bear market will come alive, if that will happen, I might be able to unload all my coins, I was dumb before buying those shitcoins thinking I can sell for profit, but I was wrong and if given a chance, will dump it completely.
Time for the newcomers to hold it. (it's their turn)
I also expect that the old ICO coins that has been almost worthless because of the long bear market will come alive, if that will happen, I might be able to unload all my coins, I was dumb before buying those shitcoins thinking I can sell for profit, but I was wrong and if given a chance, will dump it completely.
Time for the newcomers to hold it. (it's their turn)
Lol, some people's comments are quite funny, how they think they are safe wiht the IEO. you're not even sure about that, and anything can happen. A project that seems good can today can turn out to be a scam tomorrow, you never know all these, they do happen. I have seen a lot of projects that started out as being legit but at the end they turned to something else. Even ICO ends today, scammers are still going think of other ways they can continue their work of getting people scammed. It's all about knowing the projects you choose and the team behind it.
People are wiser now and they have learned from what happened last bull run.
the thing is, it's new investors who keep falling for the same old snake oil. the parabolic stage of bubbles is driven by new money, not people who learned lessons from the last go round.
in a bubble, there's millions of suckers putting their money on the table, up for grabs. many of them will get punished by the market and will eventually dump and leave. some of them will learn their lesson and will stick around and start investing responsibly.
People are wiser now and they have learned from what happened last bull run. I believe that instead of investing in Ico's, they would invest in well-established and reputable coins like Ethereum and Bitcoin because these two are the most profitable coins during the bull run.
No way, I don't agre with you
A lot of people lose a LOT of money on ICOs, and they will not risk again to lose money
You're being too naive. The general public always renews itself, you think the same people who invested in ICOs in 2017 will be the same ones doing it in the next bull run? I hardly think so, there will always be greedy newcomers looking for ways to make money who will most likely fall for X or Y "promising" project.A lot of people lose a LOT of money on ICOs, and they will not risk again to lose money
I don't expect the same hype surrounding the ICO ecosystem like we saw back in 2017, but there's no way that ICOs, legit or not, will not make serious bank during the next bull market...Expect nothing but irrational behaviour during a bull run.
You guys have too much trust on the people. I am not even saying that the same people are investing. There will be more, and who knows, some icos right now could be highly profitable on the next bull market, and when people see those, they will think exactly like in 2017. "If only i had invested from the start, i could have make 2-10x easily".
same shit, different day. altcoins, ICOs, STOs, IEOs, and whatever new get-rich-quick token schemes come along---they aren't going anywhere.
altcoin haters are always sticking their head in the sand. they always think this time will be different. if you understand anything about human psychology and greed, you already know it'll play out exactly the same as always. there is no bitcoin bubble without altcoin hype. whenever bitcoin bubbles, there's a whole population of people who feel they missed the boat and are frantically searching for the next big thing.
With the rise of IEOs, people would still be fooled into buying these crapcoins that doesn't really amount to anything. Newbies lure themselves in these kind of scam approach with the thinking that they would be getting more than what bitcoin has offered them. Truth of the matter is they are just losing and the IEO/ICO/whatever operators are profiting. But then again, who would say no to these kind of handsome offerings from flowery-mouthed con artists, right? 
Hopefully the stricter regulations for ICO somewhat prevent this from happening ever again.
Hopefully the stricter regulations for ICO somewhat prevent this from happening ever again.
No way, I don't agre with you
A lot of people lose a LOT of money on ICOs, and they will not risk again to lose money
The scammers always find new ways to gain money, but ICOs are dead
In 2017 you only need a good web site, with a lot of professionals showing their photos, a good whitepaper and a topic on Bitcointalk and boom, a lot of people believed in projects without any purpose, just to gain money of unaware people looking for the new ETH
A lot of people lose a LOT of money on ICOs, and they will not risk again to lose money
The scammers always find new ways to gain money, but ICOs are dead
In 2017 you only need a good web site, with a lot of professionals showing their photos, a good whitepaper and a topic on Bitcointalk and boom, a lot of people believed in projects without any purpose, just to gain money of unaware people looking for the new ETH
You guys have too much trust on the people. I am not even saying that the same people are investing. There will be more, and who knows, some icos right now could be highly profitable on the next bull market, and when people see those, they will think exactly like in 2017. "If only i had invested from the start, i could have make 2-10x easily".
At 2015 there also were shit icos and people thought those were over after a while, and look what happened 2 years later, same thing, scammers just had linkedin profiles and suits.
Your 100% on the ball buddy.
If any of you remember pre-2017 bull run... There were great ICO's like Lisk and Waves, stratus and ark. Good ones that survived.
Then there were also a TON of shitcoin ICO's also. Like Porn Coin, BigNasty coin, BetCoin...
Pretty sure when the next run comes, some of these older ICO coins will boom making the seed investing market go crazy again just like before.
ICO's aren't done. New project need to join the crypto-realm, and people love risky seed investing - It makes it a healthy market.
And just in case people were wondering what 95% fall from ATH looks like, just look at something big like Ether. Sure, it's piggybacking on Bitcoin like every other alt and at a "decent" 15% of ATH now but just 5 months ago, it was at $75, basically down 95% from ATH. I don't mind a handful of alts for speculatory fun, but you're right, for as long as people keep harping about x3 and x15 in a short amount of time, ICOs will always have their cycle of popularity. In whichever damned form it takes these days (IEO, etc.).
You think people learn but really, they don't.
P.S. That's a rare Finn speculating in this section of the forum, perkele
You think people learn but really, they don't.
P.S. That's a rare Finn speculating in this section of the forum, perkele
I also not agree, the people who invest on ICO will never invest again and also already people see that a lot of ICO scams was on past and no one will invest again on them only on IEO maybe.
Some investors will not but some greedy people will still bite the ICO project especially when there’s a hype. I doubt scammers will stop, because they will never do it, it can’t be the end for them IEO is still a good place for them to scam people. ICO is a good system, scammers just ruined it, a sad reality that we should not be happy for, we should fight scammers and not the system itself. Nope,ICOs are dead and they will never return to their 2017 fame.
However,the scammers are always sneaky and clever in finding other ways to create scammy "crowdfunding" crypto projects and HYIP pyramids.It has been proven a long time ago that the stupid people will always lose their money in the end,with or without crypto scams and ICOs.
This is somewhat true, people who are planning to make money the easy way look for opportunities to invest and get returns in a short period of time and the scammers are always lurking for people like that, just forget the scam projects, the amount of shit projects that popped up and collected millions and never bothered to do anything about that after the funds were collected were huge and majority of them have closed their doors by now and there is no repercussion and the investors lost their money and still people are looking for new ways to lose their money is mind blowing. However,the scammers are always sneaky and clever in finding other ways to create scammy "crowdfunding" crypto projects and HYIP pyramids.It has been proven a long time ago that the stupid people will always lose their money in the end,with or without crypto scams and ICOs.
I also not agree, the people who invest on ICO will never invest again and also already people see that a lot of ICO scams was on past and no one will invest again on them only on IEO maybe.
I think still top millionaires are buy some ICO because they know the future value of new investion because they are all controlling the market. If you like ICO you can ask suggestion of this forum because many experts are available and we will also make good profit in ICO investment but some scammed projects also run in the market so better analyse and invest anything is good. No way, I don't agre with you
A lot of people lose a LOT of money on ICOs, and they will not risk again to lose money
The scammers always find new ways to gain money, but ICOs are dead
In 2017 you only need a good web site, with a lot of professionals showing their photos, a good whitepaper and a topic on Bitcointalk and boom, a lot of people believed in projects without any purpose, just to gain money of unaware people looking for the new ETH
A lot of people lose a LOT of money on ICOs, and they will not risk again to lose money
The scammers always find new ways to gain money, but ICOs are dead
In 2017 you only need a good web site, with a lot of professionals showing their photos, a good whitepaper and a topic on Bitcointalk and boom, a lot of people believed in projects without any purpose, just to gain money of unaware people looking for the new ETH
You guys have too much trust on the people. I am not even saying that the same people are investing. There will be more, and who knows, some icos right now could be highly profitable on the next bull market, and when people see those, they will think exactly like in 2017. "If only i had invested from the start, i could have make 2-10x easily".
At 2015 there also were shit icos and people thought those were over after a while, and look what happened 2 years later, same thing, scammers just had linkedin profiles and suits.
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