Topic: Any one participating in ICOs is an idiot!!! - page 4. (Read 3719 times)
Not all ICOs are scams and many are now starting to appoint escrows as if they don't succeed in collecting their minimum required investment, they refund the investors. However, currently there are many scam ICOs where the developers just run away with the investors money but then all these projects are just a gamble at the end of the day. Hardly few of them succeed while some have the potential but get no investments.
ICOs are getting worse and worse. That is a fact, but what did you expect? This is new way of earning money and milk fools.
Literally anyone can start a new ICO project and promise you anything. Bullshit a way through with crazy roadmap and features.
You need to remember that you vote with your money, if something is too good to be true, the it is most likely a failed project.
If we stop investing in every new ICO just because they promise us high revenue it will effectively limit new ICO market.
Literally anyone can start a new ICO project and promise you anything. Bullshit a way through with crazy roadmap and features.
You need to remember that you vote with your money, if something is too good to be true, the it is most likely a failed project.
If we stop investing in every new ICO just because they promise us high revenue it will effectively limit new ICO market.
still they should make a process that people need to go through until they are allowed to create an ico here. some icos are so lazy and ridiculus its a shame
Quote from: Tesorex link=topic[left
[/left]=1843197.msg18339259#msg18339259 date=1490530878]
%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.
%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.
Yes! Crypto ICOs are the only place you give money for an idea, wow theres a guy downtown by my walmart, you give HIM your money, hes got IDEAS ALL DAY! ;p Its like people never seen dragons den , you come to them with NOTHING but an idea? they will tell you get real, show us this will actually WORK first! not crypto! o well, a fool and his money...
ICOs are getting worse and worse. That is a fact, but what did you expect? This is new way of earning money and milk fools.
Literally anyone can start a new ICO project and promise you anything. Bullshit a way through with crazy roadmap and features.
You need to remember that you vote with your money, if something is too good to be true, the it is most likely a failed project.
If we stop investing in every new ICO just because they promise us high revenue it will effectively limit new ICO market.
Literally anyone can start a new ICO project and promise you anything. Bullshit a way through with crazy roadmap and features.
You need to remember that you vote with your money, if something is too good to be true, the it is most likely a failed project.
If we stop investing in every new ICO just because they promise us high revenue it will effectively limit new ICO market.
I'm new to the cryptocoin area and I'm glad that I saw this. I do think there are some legit ICOs out there but a lot of them are garbage. But even of the legit ones, there is a slim chance that the coin will pick up. Adoption isn't just about how great the technology is but also about the followers. I do think any ICO needs to be a calculated risk and it's possible to make money but rare
You are generalizing,the fact is there are a lot of good ico coin that started,but those who are moderated with no escrow are ico that should not be trusted,but if ico coin is transparent and he has an escrow you can bet your money here,but it's noit a guaranty to be profitable.
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.
sorry to tell you this but crypto has turned out to be like ponzi. just look at this section ( Altcoin section ) . hundrards of trheads about some bullshit coin and ICO.
OP is right , ICO are easy way to scam people. Why is ICO even needed if the team behind the coin have good tech and ideas. They can take it directly to the exchangers. this way Dev still gets their money for development and investors can at least be safe knowng they can sell if shit hits the fan
I agree with you that 99% of these projects will die natural death with time just like the internet bubble, but this is the new money in town, people will gamble on the success of 1% that will succeed in future and the projects that will eventually succeed we don't really know which one.
%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.
Honestly some projects are using the clone account to give a kind word for their project. But not all of the project were doing it. It will need more analyzation. 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?
But, honestly I get a lot of the money through the ico which means investing on the right project will give a lot of the ROI. Do you think if the bitcoin isn't starting from the crap coin? 
Not real, ethereum, nxt, xem, stratis, lisk, are all good and profitable ICOs, not every ico are bad.
%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.
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.
If you look at the top 30 coins in the coinmarketcap some of them went through ico phase some examples are pesobit,bitconnectcoin so it is not right to call these supporters and investors idiot,you are the idiot for not doing a research on coins that passed the ico stage successfully..
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.
It is not like that you can take almost 99% of the ICO after the ICO is finished and when they are listed in exchange they are dumped below the ICO price and after some days it moves up, so it is much better to get the altcoin listed in exchange and then buy on dip that is the correct way of investing and trading in altcoins
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.
Anyone else feel like this is the lawless wild west in the crypto scene where 90% of people get burnt ?
i say let them burn, it is a bit harsh to say but at least they may learn some lessons this way. and it will happen too.
for example remember the days of pre-mine and significantly-pre-mine altcoins. those days we were saying the same thing, that pre-mine altcoins are scams and stay away, it is highly risky, "anyone buying a premine is an idiot", ... and nobody listened.
now there are no more. but the new technique is ICO and soon this will become old and a new scamming technique will come out and the battle continues.
Why did you choose to insult them? I think you better explain your thoughts well without that, it doesn't help anyway. I think they knew about the troll also, most probably those high ranked members. We just need to be really careful in any type of investments, whether ICO or not. Research can be helpful, don't just go with the flow of supporters & reviews (who may be fake).
PS. For me, safer choice is not investing on ICOs as well but we need to respect other people's decision, it's their money anyway.
PS. For me, safer choice is not investing on ICOs as well but we need to respect other people's decision, it's their money anyway.
Anyone else feel like this is the lawless wild west in the crypto scene where 90% of people get burnt ?
From the first time i do hear about ICO's i do know that they are good investment which gives multiple times profit on your capital and when i tried to invest for the very first time and the coin i put my money on goes to scam which developer ran all away the money and thats the time i dont have any trust on any ICO's as of now unless if they are very transparent.
Risk are always there especially in ICO. If they buy as an investment then surely its like a gamble. There are ICO who are not worth enough to participate and there are also which is very rewarding. It depends on the people behind the company or devs how they update in community.
Everything said about, is truth!
But every other way of collecting funds is doomed to failure. Nobody even consider to donate, and if donate this is symbolic not enough for serious work. Premine is hated but still is better then ICO, everything under 1% is ok.
Maybe best is funding trough mining, this is fair system.
But every other way of collecting funds is doomed to failure. Nobody even consider to donate, and if donate this is symbolic not enough for serious work. Premine is hated but still is better then ICO, everything under 1% is ok.
Maybe best is funding trough mining, this is fair system.
Now it's possible for everyone to create new altcoin but not everyone can to create succesful altcoin. Well, you can't call such people idiots because they know what and why are they doing that and also there were some succesful ICO's which weren't bad for investment. It's not easy to trust ICO's nowdays but if there are chanses that you will find good one, everything depends on you. If you don't like, simply avoid them.
Jump to: