Are ICOs scam? - page 16. | Bitcointalksearch.org

langlamobile

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Quote from: Bitmedrano040117 on September 21, 2017, 08:24:58 AM

Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

There are some ico that are good anyway, especially if the campaign manager who will manage it has a good reputation in this industry like Sylon, Aviruness, Jamalaezaz, Irpan, Yahoo, and woshib those ico that they managed always became successful most of the time.

when i invest my money to any ICOs , i will read whitepage and research project , important is dev team behind .

then i will invest 20% first exchange .

Bitmedrano040117

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Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

There are some ico that are good anyway, especially if the campaign manager who will manage it has a good reputation in this industry like Sylon, Aviruness, Jamalaezaz, Irpan, Yahoo, and woshib those ico that they managed always became successful most of the time.

Wingo

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There are many ICOs that are considerably scams. Just ask people if it is legitimate or not. Also read their whitepaper. I think only 1-5% of all ICOs are legit so pick the right choice to not waste your time and effort.

Dannaey

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Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

ICOs are not actually bad. They may provide fair and lawful investment opportunities. You as an investor should be cautious in considering an investment in certain token. You should exercise due diligence before investing in ICO. The best way to protect yourself from being victim of a fraudulent ICO is to investigate as thoroughly as possible before you enter in a fundraising project.

Thymoty

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according to my scam no, but the possibility of his project failed to get investment targets or they could run away, outside there are many clear ICO with a professional team, just choose in ICO where you want to get involved

danbitcoin1

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Most of them are over valued, if you tried getting those sorts of sums from a bank they'd laugh u out the door

MiBambino

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Theres also a big difference in scam ICO's and unsuccesful ICO's. Sometimes the devs are doing everything they can, but the product still doesn't live up to the heights

cramblimp

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Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

If you want to join in ICO just read first their Campaign and observe. Many people saying ICO is a scam. You can see their manager if it is always active and approachable one then if yes, I'm sure that is not a scam. But I think here in this forum there are few scam.

finaleshot2016

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Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

you can read the ann thread or the white paper of the ICO. Through that, you will able to read about the project that they created. Check also the official website if they are aiming for something or not. You can easily determine if an ICO is legir or not. Have some senses that will help you to discover better ICO's, Goodluck!

Bay_Harbour_Butcher

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it is very difficult to determine if the ico is a scam project or not, so it should be analyzed in advance about the ico project, from whitepaper, road map, to team profile

smith136

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ICO's are not scam, the one who doing it are those people behind it but ICO itself are legal. But because of rise of cryptos, people tend to become cautious on what ICO they will invest since there are lot of cases regarding ICO scams just like what happening in china whose reason behind the ban on trading cryptos and bitcoins. But there are many legit ICO but not all are successful.

Leoquerto

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I bought BMC Ico and it feels like a scam for sure, I can buy it cheaper now on trades than ICO price Angry

jnow

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At this point in time I'd say most of them could be classified as scams.

Considering their main goal is collecting huge amounts of money upfront, with nothing or very little to back up their claims.

We have yet to see a real world working solution come out of any ICO project so far. Mostly over hyped claims or shitty beta testing software with no chance of ever going mainstream.

And another thing, concerning the promotions most of them employ to sell their tokens... seeing all the signature campaigns, social media posts and the countless and endless spamming here on the BCT forum, how can anyone even consider "investing" in these ICOs? Roll Eyes

MiBambino

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ICO's could be scams because they hardly ever have to show you something upfront. That's why when I invest I look for working prototypes, interesting collabs with big corporations, stuff like that to ensure the team actually can build what they claim they'll build

fisheater

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To me most ICOs are scam. They ask you to invest in ideas in the air and ask you for money, seldom they will fulfill their promises once they get the money.

babar123

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Some are some arent, when a bunch of teenager raises millions for a little whitepaper, you understand we are deep in a bubble...

Gontxi

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Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

join for what ? can be further explained. not all ico will succeed, and not all ico cheats, many options for ico now. need to research and look for integritas from the ico.

BogdanGFTP

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99% of ICOs is scum. You should be seriosly in researching every ICO.

Emperor of Man

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There are some seriously anti-ICO users around here, that will try to accuse anything ICO-related in crypto. I don't suppose that's right though, since many successful big projects in crypto started with ICOs. These kind of posts criticizing ICOs are among the oldest posts around here, existing since the ethereum <$1 era, predicting that ETH is a scam, it will fail, and you will lose the cents you spent to buy it.

Should you pay attention to those? I leave that to you.

Bagaji

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Quote from: Onimushi on September 19, 2017, 01:52:47 AM

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

Despite the fact that there are so many scam ICO out there, one cannot completely roll out the fact that there are still some legitimate ICO out there too. But how to identified them is the major problem that so many investors has when trying to invest in a project during the ICO. However, I may not be able val for the project you asking about for I don't know much about them.

Topic: Are ICOs scam? - page 16. (Read 5447 times)