Topic: Are ICOs in this year less rewarding than the ones held in the last year? (Read 995 times)
May 31, 2017, 09:16:46 PM
@pursuer. I have found a good example of a legitimate project that has used the ICO strategy to raise the needed funds to help with their development. The Brave Browser. The ICO itself was questionable but it is what I was trying to tell you. A legitimate project that has no choice but to join the funding strategy that looks like a scam.
May 30, 2017, 09:03:42 PM
@Pursuer. That is very true. But there has to be some new projects that try to bring something valuable to the cryptospace. Maybe the see the ICO as their best chance of getting the funds to start their project.
I disagree.
lets say you start a new altcoin. if you really believe in yourself and think it is a good project then invest in it yourself. start mining it from block 1 like the rest of us and hold it. if the project is indeed good you will make a fortune easily, look at Satoshi Nakamoto's fortune!
besides that way you will remain motivated to make the project better because you have invested in it. an ICO means they get free money for doing nothing. then they release some crap and cash out that money. rinse and repeat.
and a real programmer is earning money from his real world job and doesn't need the ICO headache and the ICO money to start the project.
I agree with that strategy. But maybe there are developers out there with very good ideas who need to do the ICO strategy because they are left behind by the scam projects who are reaching production much faster than them. I know many here look at ICOs as scams but maybe it is also a way to reach production stage quicker.
May 30, 2017, 10:56:55 AM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
can u name some big ICOs from last year that were no brainers? thanks
Comparing the past ICO and newer ICO i can say that they do really differ in terms of potential investors as we all know there are already lots of ICO everynow and then it pops out and some investors are hesitant now because of past happenings on which some ico do become scam which causes for their hindrance to join up. 
May 30, 2017, 10:36:24 AM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
The vast majority of ICOs have performed worse than ETH, meaning you were better off holding ETH than joining the majority of ICOs. I think the reason you say it was a no brainer is because they performed better than bitcoin, I think this is the weakness of bitcoin from its high marketcap it will continue to move slowly.
ICOs are hit or miss so its obvious successful ones will do better than bitcoin but if u compare them to another success (ETH) its not really a no brainer. I think this trend will continue over the next year, we will see a few big hits and the rest will die or perform relatively poorly.
May 30, 2017, 10:35:29 AM
You are right, most ICO projects are much less profitable than last year. Just look at here: https://icostats.com/
Thank you for the info. ICOstats is really a useful website.
May 30, 2017, 02:11:18 AM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
The vast majority of ICOs have performed worse than ETH, meaning you were better off holding ETH than joining the majority of ICOs. I think the reason you say it was a no brainer is because they performed better than bitcoin, I think this is the weakness of bitcoin from its high marketcap it will continue to move slowly.
ICOs are hit or miss so its obvious successful ones will do better than bitcoin but if u compare them to another success (ETH) its not really a no brainer. I think this trend will continue over the next year, we will see a few big hits and the rest will die or perform relatively poorly.
May 30, 2017, 02:07:16 AM
You are right, most ICO projects are much less profitable than last year. Just look at here: https://icostats.com/
May 30, 2017, 12:14:31 AM
@Pursuer. That is very true. But there has to be some new projects that try to bring something valuable to the cryptospace. Maybe the see the ICO as their best chance of getting the funds to start their project.
I disagree.
lets say you start a new altcoin. if you really believe in yourself and think it is a good project then invest in it yourself. start mining it from block 1 like the rest of us and hold it. if the project is indeed good you will make a fortune easily, look at Satoshi Nakamoto's fortune!
besides that way you will remain motivated to make the project better because you have invested in it. an ICO means they get free money for doing nothing. then they release some crap and cash out that money. rinse and repeat.
and a real programmer is earning money from his real world job and doesn't need the ICO headache and the ICO money to start the project.
May 29, 2017, 11:22:34 PM
Don't know what ICOs you're talking about here--and apparently no one else does, either. But it doesn't matter; they are all shit. Props to you if you actually found suckers willing to pay a price higher than what you bought them at, but you know damn well that they're destined to be giveaways on Yobit in a couple of years when everyone realizes that no one wants them. Their blockchains won't even exist.
Aren't you guys tired of all these new shits? Or are you actually making money? All of this is basically just straight up gambling. It's not like you're investing in IPO stocks that actually have a business underlying their securities. Crypto would have to go viral for most of these coins to have any future. Could happen, but I highly doubt it.
Aren't you guys tired of all these new shits? Or are you actually making money? All of this is basically just straight up gambling. It's not like you're investing in IPO stocks that actually have a business underlying their securities. Crypto would have to go viral for most of these coins to have any future. Could happen, but I highly doubt it.
Agree with you. Cannot believe people are valuing something like METAL in the top 50 market cap of coins when it isn't even used or released (unless I am missing something). You stick key words in your advertising such as 'Visa' and all of a sudden it is worth a fortune. Most crypto has little real world use. The day will come when there is real business use on one of these things and it will make the owners rich.
May 29, 2017, 10:54:55 PM
What are you guys thought about Somn and Bat ?? They seem to imply real physical/life value to their project and they might revolutionize the way Buisnesses and Mainstream look at the blockchain : )
May 29, 2017, 09:33:17 PM
Don't know what ICOs you're talking about here--and apparently no one else does, either. But it doesn't matter; they are all shit. Props to you if you actually found suckers willing to pay a price higher than what you bought them at, but you know damn well that they're destined to be giveaways on Yobit in a couple of years when everyone realizes that no one wants them. Their blockchains won't even exist.
Aren't you guys tired of all these new shits? Or are you actually making money? All of this is basically just straight up gambling. It's not like you're investing in IPO stocks that actually have a business underlying their securities. Crypto would have to go viral for most of these coins to have any future. Could happen, but I highly doubt it.
Aren't you guys tired of all these new shits? Or are you actually making money? All of this is basically just straight up gambling. It's not like you're investing in IPO stocks that actually have a business underlying their securities. Crypto would have to go viral for most of these coins to have any future. Could happen, but I highly doubt it.
May 29, 2017, 09:26:37 PM
@Pursuer. That is very true. But there has to be some new projects that try to bring something valuable to the cryptospace. Maybe they see the ICO as their only best chance of getting the funds to start their project.
May 28, 2017, 10:55:55 PM
you can't really generalize it. ICO is mostly luck and if the persons behind it are good at pumping their project or are new to this. but I agree that things are changing, it was the same with the premined coins too. at first they were good and people invested in them and prices went high just for the owner to dump the premined coins at high prices.
then people caught on to the scam and stopped investing in any of them.
now the same is going on with ICOs. they replaced premining with ICO and every time the ICO coin is listed n the exchange the price plummets as everyone starts dumping for profit.
and people are catching on to this new scam, and generally bad plan and they will slowly stop investing in any of them.
then people caught on to the scam and stopped investing in any of them.
now the same is going on with ICOs. they replaced premining with ICO and every time the ICO coin is listed n the exchange the price plummets as everyone starts dumping for profit.
and people are catching on to this new scam, and generally bad plan and they will slowly stop investing in any of them.
May 28, 2017, 10:43:22 PM
ICO's have always been a money grab even ETH. Its all so the team involved can fly around the world going to tech conferences and get drunk on the mini bar and fuck the local whores. You think teams needs 20 million dollars to sit in a room and code? lolololololololololoolololoolololol
Look at XtraBytes a coin with 10x the ability of ICO's this year and cheap as shit. Just like the good ole days when coin developers had to buy/mine there own coins and actually had skin in the game to make the coin great. Now the big winners are the ICO team and average investors just pick up the crumbs after whales have taken the major gains from an ICO.
Look at XtraBytes a coin with 10x the ability of ICO's this year and cheap as shit. Just like the good ole days when coin developers had to buy/mine there own coins and actually had skin in the game to make the coin great. Now the big winners are the ICO team and average investors just pick up the crumbs after whales have taken the major gains from an ICO.
May 28, 2017, 10:27:56 PM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
can u name some big ICOs from last year that were no brainers? thanks
Maybe he means the ICOs before this year were no brainers. ICOs like Ethereum, NXT and some of the others that traded very much higher than their value at ICO.
But of course the sentiment of the market will matter. If the market is in a bad situation how can we expect those ICO to go up in price once it is available for trading?
Yes because i think it is still a year for testings and experiments because others want to try the trade. They may be a no-brainer last year but i today they may have updated there protocols or even the white paper and there tokens or coins. Because it doesnt matter if they failed the first because it is better to fail earlier than later right?. What is just bad if it turned out to be scam but i am not hearing any big deals with that kind of accusation these days.
May 28, 2017, 09:37:23 PM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
can u name some big ICOs from last year that were no brainers? thanks
Maybe he means the ICOs before this year were no brainers. ICOs like Ethereum, NXT and some of the others that traded very much higher than their value at ICO.
But of course the sentiment of the market will matter. If the market is in a bad situation how can we expect those ICO to go up in price once it is available for trading?
May 28, 2017, 09:02:35 PM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
can u name some big ICOs from last year that were no brainers? thanks
May 28, 2017, 08:59:32 PM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
Not if you hit on the right ones, majority fail but find the right one it will be successful. Won't even drop below ICO price, it's out there you just have to find it.
May 28, 2017, 08:35:17 PM
In the last year, the big ICOs were basically no-brainers. While in this year, big ICOs are flooding the crypto-market, and a lot of ICOs ended up with lower ICO price in the first few weeks or so. It seems that the meta has changed, right?
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