Any one participating in ICOs is an idiot!!!

bassong

member

Activity: 84

Merit: 10

Quote from: Tesorex on March 26, 2017, 07:21:18 AM

%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

You can say it again, I don't think they are making that much anyway, most of the raised money figures are pure lies to snare unsuspecting investors. That said can someone show me how to set up one? I am writing an article about how easy it is to scam with an ICO on bitcointalk.

freedomsr40

sr. member

Activity: 471

Merit: 500

I think ICO is (was) a very good idea for start-ups to reach investors, those who got rich in the first waves of BTC development need place to grow their money.
But then it quickly is abused and became a tool to get easy money with whatever projects.
So I'm sitting and waiting to see the bubble bust one day.

SvenBomvolen

hero member

Activity: 588

Merit: 500

My dear, do you think that everybody here are such idiots and do not understand all risks of investment in an ICO? I think everybody decide for himself what to do, but you see, firstly the ICO gives us a job, such as commenting in their threads, every comment is payed. The second thing it's not 99% scam, there are many perspective projects just an individual hast to have a bit of logic, knowledge and his own head to separate the wheat from the chaff.

Fweebie5

full member

Activity: 190

Merit: 100

Fweebs

If that is the case how you perceive them then when Bram Cohen releases an ICO for his cryptocurrency you obviously won't invest ? WOW...Just WOW...

Pfizer

sr. member

Activity: 406

Merit: 250

Obviously, I don't agree with you. But I can claim that %90 of the ICOs are not trustable and possible scam attempts.

let's look at the scam instances and try to be careful for your money and coins.

syarifbitcoin

full member

Activity: 238

Merit: 100

Decentralised Amazon & ICO Hub

Investment = High Risk
The same thing with trading, you must be smart to choose coin before investing into the coin
But I do not agree if all coin ICO scam

LodisMcguire

sr. member

Activity: 546

Merit: 261

Quote from: jackryderd on March 30, 2017, 06:56:11 AM

Quote from: Tesorex on March 26, 2017, 07:21:18 AM

%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Invested in WINGS , 3X already but still did not get my tokens so I agree somewhere or else

well before joining an ICO you should do some research first and decide is it trustworthy or not
find the news about the ICO in many sites,if it's look promising,i'm sure you can gain profit from them
or
be a small player and just join the bounty,dont invest your money at all

Kray

hero member

Activity: 658

Merit: 500

Quote from: BTCLovingDude on March 26, 2017, 07:26:16 AM

ICO should not even be called an investment, it should be called a gamble because it is a gamble.
you see a thread and some unknown anonymous person on the internet who is saying "my coin is awesome" and the code is not ready yet, it just lists some specification which you have seem a thousand times before and i bet not a single person checks the code!

that is why i say it is a gamble. people put their money down and bet if the projects gets enough victims to pump up or fail and they lose.

Agree with you many people joining ico because they wanna get profit while dev pump his coin, once they missed pump moment you will loss

bitcoinvestor

hero member

Activity: 812

Merit: 501

Quote from: rinhunter on March 26, 2017, 08:36:56 AM

i think investing in ico is better than investing on ponzi site, because not of all icos are scams. everyone have own way to make money you can't blame they all are idiot.

Not a problem what you say " I aM iDIOT" I got 1.3 BTC from signature campaign promoting ICO. That's make me idiot. I have money no to trade. Earn good income from trading. All ICOs are idiot. Ok Etherium ICO Idiot, All token under etherium blockchain are idiot. All signature campaigns members are idiot. and all members of bitcointalk are idiot.

culuuton

hero member

Activity: 1593

Merit: 502

Quote from: Inkdatar on March 30, 2017, 02:28:49 AM

ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.

High risk - high profit. and if you try to compare normal crowdfunding, VC seed funding, IPO with ICO, there are much more benefits going through ICO than other types of capital raise. ICO name should be changed because of negative stigma around it, but token inital offering, coin crowdsale etc is pretty much the same.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

I think OP is the idiot here,he is not doing a research,there are a lof of ico that turns out to be very profitable like Bitconnectcoin and Xaurum and there's a new one coming that is sure to be a big hit to all participants Footballcoin.

Cactushrt

sr. member

Activity: 952

Merit: 250

Idiot? If you want to participate on ico you must read their roadmap and whitepaper i have participated on many ico and i can say i can profit with a small amount of time

Tesorex

full member

Activity: 204

Merit: 100

God be my witness that I haven't invested in any ICO to get burned and come here to complain by creating this thread.
Usually successful companies with actual and physical product launch something similar to these ICOs here.
But in crypto people just by being online, create a website and a few pages of texts and then announce their ICO.
But how many do we really need?
Alarming part being, they only launch an ICO in order to then later develop a product for it, while it should be the other way, first develop a product and prove you can make money and show there is a demand for your product and then launch your coin.

guybouchard

full member

Activity: 158

Merit: 100

I invested in Legends Room but some jackass named Kevin Hobbs cancelled it. The company says they are restarting it so I will get my membership. So we will see.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

op, no shit.

hence why i say buy legit stuff like wbb! but seems dummies don't listen. it's about to MOON and price still hovers LOL wtf bbq.

DonApp

sr. member

Activity: 275

Merit: 250

Quote from: Inkdatar on March 30, 2017, 02:28:49 AM

ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.

Yes, only invest an amount of money you can afford to loose. Do due diligence and check team/escrow/roadmap/etc. And if you are confident on the project; don't sell too soon, typically there is a dump right after token release.

DonApp

sr. member

Activity: 275

Merit: 250

Quote from: jackryderd on March 30, 2017, 06:56:11 AM

Quote from: Tesorex on March 26, 2017, 07:21:18 AM

%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Invested in WINGS , 3X already but still did not get my tokens so I agree somewhere or else

Wings is not traded yet, except some IOU on Liqui. Real price is still to be seen, although it could go even higher then current IOU price.

jackryderd

full member

Activity: 200

Merit: 100

| BITCOIN | MONERO | STRAT |

Quote from: Tesorex on March 26, 2017, 07:21:18 AM

%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Invested in WINGS , 3X already but still did not get my tokens so I agree somewhere or else

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Quote from: Inkdatar on March 30, 2017, 02:28:49 AM

ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.

I agree with you, and all of instrument investments always there are risk losing money include investments on ICO
unfortunately the peoples who were losing money because of investments in ICO, they blame the ICO
should before investing on ICO we must choose the ICO carefully.

Inkdatar

hero member

Activity: 1582

Merit: 523

ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.

Topic: Any one participating in ICOs is an idiot!!! (Read 3732 times)