Topic: Are ICOs scam? - page 11. (Read 5447 times)
Those with strong teams, real operational plans, experience at building similar platforms or technologies, and reasonable valuations can be considered. Since the tokens eventually have liquidity on exchanges and ICOs require more technical knowledge to participate, ICOs with the right set of characteristics can offer significant upside opportunities.
all are not scam
you have to find the real one
its not easy but you can
EX
01 read whitepaper
02 search CEO and members background
03 search past projects of that CEO and crew
04 whales comments for that project
05 Twitter updates and bitcointalk updates
then you fill that this is not a scam then invest .
you have to find the real one
its not easy but you can
EX
01 read whitepaper
02 search CEO and members background
03 search past projects of that CEO and crew
04 whales comments for that project
05 Twitter updates and bitcointalk updates
then you fill that this is not a scam then invest .
if you're unsure about the coin, better ask here on the forums before starting anything and hope for the best later on. A lot of to be good coins are shadowed by some scam coins with "better" offerings.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
There is lot of scams , but there are lot of good ICOs . From my perspective all are good because I only work in signature campaigns and it is my source of money for investing. From perspective of investor everything is risky. So you should inform your self about everything before investing. If they gathered big amount of money that is probably good ICO, but it's not decisive. There are lot of good ideas and ICO's that collect small amount of money..
not all ICOs scam. you must do a reseach first on project what you want to invest.
I think important to check The team and Read their whitepaper.
I think important to check The team and Read their whitepaper.
ICO's are certainly not scams, but they are high risk investments and deserve diligence as such. Generally, you are buying into a seed company in a rapidly changing space. There will be winners as there were in the .com era, but many ICO's lack significant backing and are vulnerable to collapse. Kudos, ICO'ing Nov 1, has my attention for this reason. They have a very strong dev team and advising board which positions them well to succeed.
Not all, it just so happens that the one you have joined is a good project that it garnered enough support in the few days it has announced the project. It is undeniable though that there are many scam ico's right now--dunno about those exxx shitcoins...seems scammy to me 
Check the team and its experience, the product, problem it solves, why it will have value, why they need your money. If everything is OK, invest as much as you can afford to lose.
Even on bitcointalk there are many scam altcoin announcements 
But I hope the one you invested in is a good one. So wish you good luck and high profits!)
But I hope the one you invested in is a good one. So wish you good luck and high profits!)
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
You need to be diligent enough to check on the ICO and the team. you can't just base on the collected sales to justify if they are real or scam. So do your homework to protect yourself.Check the team, if they have experience, are transparent, are active, are responsive, have a good roadmap consisting of risks, potential gains and flaws as well as realistic goals, its most likely not a scam
I will just add something here. I have backread this thread and your concern here is pretty much answered and explained by the posts. Try to go over the team's responses to negative comments. Try to look at how they react to these. A lot of scams do not spend time entertaining them or even deleting them or banning or blocking those people raising the concerns. Instead of properly addressing them, they avoid and cover them up.
That last thing, exactly. I once invested some money in a project I will not disclose. During the development stage, some evidence came up surrounding a possible scam, which simply was ignored. Not only that, communication in general drastically went down. Now, another project I firmly believe in, Change bank, was criticized for setting a very high hardcap, almost unreachable. It didn't take long before they released an official statement addressing this critique and returning trust to the project. The difference this small act makes is really incredible.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
You need to be diligent enough to check on the ICO and the team. you can't just base on the collected sales to justify if they are real or scam. So do your homework to protect yourself.Check the team, if they have experience, are transparent, are active, are responsive, have a good roadmap consisting of risks, potential gains and flaws as well as realistic goals, its most likely not a scam
I will just add something here. I have backread this thread and your concern here is pretty much answered and explained by the posts. Try to go over the team's responses to negative comments. Try to look at how they react to these. A lot of scams do not spend time entertaining them or even deleting them or banning or blocking those people raising the concerns. Instead of properly addressing them, they avoid and cover them up.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
You need to be diligent enough to check on the ICO and the team. you can't just base on the collected sales to justify if they are real or scam. So do your homework to protect yourself.Check the team, if they have experience, are transparent, are active, are responsive, have a good roadmap consisting of risks, potential gains and flaws as well as realistic goals, its most likely not a scam
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
You need to be diligent enough to check on the ICO and the team. you can't just base on the collected sales to justify if they are real or scam. So do your homework to protect yourself. 
Holy shitballs
this is exactly what I've been talking about actually, so many of my friends keep sending me websites and stuff for new ICO's yet they don't even bother to check if the team is actually doing anything. The process you describe in that picture would honestly barely take 1 day, and you can literally make half a million dollar in 1 week doing this Most people won't fall into your trap, but some would. It's like sending out an email about being a nigerian prince and wanting to share your millions with them, provided they pay you 10K to cover expenses. if you send it to 100.000 email addresses, I'm sure 50 of them will send you the money, and boom you just made half a million bucks
We need a regolator company which check all ICO and make a licence for them. We all want to clear everything. Scams are not good.
Many ico look scam in my opinion
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
You can't say that an ICO is scam or not unless the project starts. ICO (Initial Coins Offering) is the first step of these companies who want to offer their product to people. During that time, they are trying to evaluate how people patronize their project/coin/offers. If there are a lot of people joining the ICO, then the tendency is that the project will be successful. On the other hand, some ICO don't succeed, thus, forcing the company to close after some time. But still, you need to take risk to become successful, too. No one gain without any risk. That's what cryptocurrency world is all about. 
The problem is even a 5 year old can start an ICO scam. It cost nothing and its easy to set up, i could set up one right now and have a coin by tomorrow and some ads pop up on targeted sites, after that me and the dev would split the total Bitcoins received from the ICO 50/50.
Crypto newbies are the ones who fall victims to this, most veterans will never invest in an ICO's or they will take extreme measure before putting one cent into it. The problems a lot of newbies think ICO's is easy money the reality they are the opposite a majority are just there to suck the BTC out of newbies. Ignorance is the reasons these ICOS keep popping by the hundreds.
Crypto newbies are the ones who fall victims to this, most veterans will never invest in an ICO's or they will take extreme measure before putting one cent into it. The problems a lot of newbies think ICO's is easy money the reality they are the opposite a majority are just there to suck the BTC out of newbies. Ignorance is the reasons these ICOS keep popping by the hundreds.
Well maybe China banned ICO because of this rampant fraud, as they just protecting their people in this illegal fund raising.
Yeah at first I'm actually didn't agree with China but later on as fraudulent is widespread I just understand their two cents.
Investing ICO is a great investment for short term but what's happening right now many are afraid to invest and loss their money instantly. As this ICO is like rotten tomato that mix in the fresh one's so its hard to tell what's fresh and what's not.
The problem is even a 5 year old can start an ICO scam. It cost nothing and its easy to set up, i could set up one right now and have a coin by tomorrow and some ads pop up on targeted sites, after that me and the dev would split the total Bitcoins received from the ICO 50/50.
Crypto newbies are the ones who fall victims to this, most veterans will never invest in an ICO's or they will take extreme measure before putting one cent into it. The problems a lot of newbies think ICO's is easy money the reality they are the opposite a majority are just there to suck the BTC out of newbies. Ignorance is the reasons these ICOS keep popping by the hundreds.
Crypto newbies are the ones who fall victims to this, most veterans will never invest in an ICO's or they will take extreme measure before putting one cent into it. The problems a lot of newbies think ICO's is easy money the reality they are the opposite a majority are just there to suck the BTC out of newbies. Ignorance is the reasons these ICOS keep popping by the hundreds.
Jump to: