Topic: Are ICOs scam? - page 12. (Read 5410 times)
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
If Dev is still active and the ICO web is still accessible the possibility of scam is still very small.try to check again how much soft cap ico I think $ 5-10 million has met the target than other ICO.
Depends on how you define SCAM. Some are not outright scam in a sense that they are trying to swindle you out of your money by making a fake promise. However, they can still be a waste of your time and money in the long run because they are run by an incompetent team with poor ideas.
Make my words 99% of ICO's are scams and actually when they end the coin go nowhere expect the people who created the ICO's walk away with free Bitcoin, its a suckers heaven. If you read my post , there is a eastern European gang on this forum using bots to post hundreds of ico's per month. Newbies keep putting into these ICo's thinking it will make them rich as they said: A fool and his money are soon parted.
China Banned ICO's for good reasons. Too bad bitcointalk is not preventing bots from flooding posts with ICO's.
China Banned ICO's for good reasons. Too bad bitcointalk is not preventing bots from flooding posts with ICO's.
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
Maybe yes maybe not since you do not give the name of the ico you invested we can only guess, if we knew in what ico you invested we could dig deeper, however one thing you need to understand that even if there are a lot of scams round the forum, sometimes a coin can fail for things other than a scam, in that case you were not scammed simply your investment did not gave to you the earnings you were looking for. 
Not all of the are scam. Yes, they are made to make the devs rich but don't let it discourage you in investing. There are still many ICO that have good innovations and the team seems capable. You should check out those things first so you don't get scammed.
I think every ico is a potential fraud. people started doing this job just to make money.
you can not trust anyone,my friend
you can not trust anyone,my friend
Everything new is a potential fraud. ICO`s are new for most of us, and scammers are
using that. They using people greediness, they promise huge profits to those who invest
in early stages, they promise well designed future with many pictures and documents that
prove their story. We need to be smart when we choose in which ICO we wish to invest.
I invested in casino ICO`s, I believe there is something in that. Before I invested I
checked who is behind this projects, their road map for the future. Unlike others ICO`s
casino ICO`s are easy to understand, well designed casino with more games and more people
will earn good money and that will be good for all investors. They have plans for new games,
promotions, and I believe that bitcoin gambling have a good future.
Some ICO`s are more technical, and I mostly relay on information`s from others. To know
how to spot good ICO of that kind you need to have huge knowledge about technology.
I think every ico is a potential fraud. people started doing this job just to make money.
you can not trust anyone,my friend
you can not trust anyone,my friend
true, but the team and their experience and transparancy can show a lot of credibility
I think every ico is a potential fraud. people started doing this job just to make money.
you can not trust anyone,my friend
you can not trust anyone,my friend
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
before you joined an ICO you should find information about ICO which you can get in ANN Thread and from its website, from that information you can make decision. can minimize the existence of a scam ICO Well, from my point of view, a great deal of ICOs are questionable. I'm not saying that they are a scam, but they look shady nonetheless.
It's relatively easy to distinguish a SCAM ICO from the rest if you have a trained eye and some experience. Shady team, lack of information in the whitepaper, even the website itself can tell you to stay away from that ICO.
On the other hand, a great deal of ICOs performs rather poorly. Only a few of them manage to raise sufficient funds or even reach 100% of their intended goal. Maybe it boils down to marketing, and which ICO sparked the most hype.
I even made a super simple infographic after looking at this week's data, take a look:
From this chart, only 1 managed to raise most of its funds.
5 of them performed really poorly
and 6 of them didn't even bother to provide information on how much they've raised, so they might be scam, perhaps.
How could be a trained eye shows? Anyway,I'm not particular with ICO but I know that this isn't a scam because if you try to look on things,several people are into ICO. This means ICO has a beneficial effect towards investors or other entrepreneurs using this altcoin in cryptocurrency. We are already aware of scammers but it's difficult still to pint out which one/ones. Consequently,ICO is not a scam but try to contribute an evidence if you have experienced a scammer of ICO. It's relatively easy to distinguish a SCAM ICO from the rest if you have a trained eye and some experience. Shady team, lack of information in the whitepaper, even the website itself can tell you to stay away from that ICO.
On the other hand, a great deal of ICOs performs rather poorly. Only a few of them manage to raise sufficient funds or even reach 100% of their intended goal. Maybe it boils down to marketing, and which ICO sparked the most hype.
I even made a super simple infographic after looking at this week's data, take a look:
From this chart, only 1 managed to raise most of its funds.
5 of them performed really poorly
and 6 of them didn't even bother to provide information on how much they've raised, so they might be scam, perhaps.
Yes an ICO can be a scam. Just take it from a friend of mine who just got paid today for campaigning this shitty shameful ICO that paid the social media bounties a very promising amount of $3 wahahaha. Maybe the rest of the allocated payment goes in their pockets already 
lol. It can be a scam in a way that it pays up but using an ico to raise money to use for their personal issues.
lol. It can be a scam in a way that it pays up but using an ico to raise money to use for their personal issues.
I go through almost 40-50 ICOs every month to choose best for investment prospect. What I have found so far is that only 10-20% are fake. Most of them go unsuccessful and aren't fake which accounts for almost 50-60% . Only the left 20-30% go successful and that is why we usually consider those all unsuccessful ICOs as scam projects. That is why we see a big number of scam accusations. But in reality so is not the case. Not all ICOs are scam.
Well, from my point of view, a great deal of ICOs are questionable. I'm not saying that they are a scam, but they look shady nonetheless.
It's relatively easy to distinguish a SCAM ICO from the rest if you have a trained eye and some experience. Shady team, lack of information in the whitepaper, even the website itself can tell you to stay away from that ICO.
On the other hand, a great deal of ICOs performs rather poorly. Only a few of them manage to raise sufficient funds or even reach 100% of their intended goal. Maybe it boils down to marketing, and which ICO sparked the most hype.
I even made a super simple infographic after looking at this week's data, take a look:
https://cdn-images-1.medium.com/max/800/1*K8v7PIIODOroddCz75KzGA.jpeg
From this chart, only 1 managed to raise most of its funds.
5 of them performed really poorly
and 6 of them didn't even bother to provide information on how much they've raised, so they might be scam, perhaps.
It's relatively easy to distinguish a SCAM ICO from the rest if you have a trained eye and some experience. Shady team, lack of information in the whitepaper, even the website itself can tell you to stay away from that ICO.
On the other hand, a great deal of ICOs performs rather poorly. Only a few of them manage to raise sufficient funds or even reach 100% of their intended goal. Maybe it boils down to marketing, and which ICO sparked the most hype.
I even made a super simple infographic after looking at this week's data, take a look:
https://cdn-images-1.medium.com/max/800/1*K8v7PIIODOroddCz75KzGA.jpeg
From this chart, only 1 managed to raise most of its funds.
5 of them performed really poorly
and 6 of them didn't even bother to provide information on how much they've raised, so they might be scam, perhaps.
Despite there are scammers increasing, majority of the ICOs are still safe and still. just make sure that you check team before you get into that ICO.
If a project can not collect fund with hardcap target, that mean the project failed but not scam, maybe they will return investor's money. Many ICO now that legit and has big potential but to looking for that we need more time because so many ICO this periode. But very important before jump and invest in ICO is always read their white paper to understant aim of the project.
that's a cool thread, I'd recommend it
It looks like a scam, I can not access links that have been distributed by the areicos party. In this case need vigilance who is willing to invest, if not smart, we enter the scam
Although the language and structural in ico look positive but not a guarantee ico it will land successfully
Although the language and structural in ico look positive but not a guarantee ico it will land successfully
I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
Before joining to an ICO make sure, you checked it's background and researched more articles about it. If you have joined and feel that it is scam, so leave immediately. There are lots of ICOs scam anyway. Jump to: