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Topic: Are investors realizing that IEO is a silent scam? - page 3. (Read 1127 times)

legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
To me, ICO and IEO both are same. Because of scam ICO, it created a bad impression and people give up investing in ICO. Which is why IEO comes. But both are same. Come with an idea and raise fund. At the end of the day, both serves same purpose.
People may be started to realize it ane that's why no one is investing.
sr. member
Activity: 1050
Merit: 377
Investors do not care even if each project on the exchange platform turns out to be a scam, they don’t invest in long-term, for them the IEO is a way of quick short-term investments.


member
Activity: 644
Merit: 10
COVIR.IO
Maybe the reason the IEO hasn't been sold out is because people are just so picky nowadays on projects they want to invest in. Bittrex also requires a Know Your Customer process before you can purchase in these IEOs.

I am agree, but for KYC, i think exchanger like binance require KYC too. Investor must be picky because mostly IEO price after few days listed in market, the price drop and back to IEO price. But i dont think IEO is a silent scam because we can called scam if not listed in exchanger

They have KYCs for such transactions in Binance since they are situated in China. The laws are strictly cannot be overlooked or it can mean their downfall. Some IEOs are silent scam and few others are not. Let us just observe for now since these IEOs are new.
Binance in china, I think you are mixing it up with HUOBI, I am not even sure if HUOBI is fully in china, but I know they are Asian exchange, but for BINANCE, they moved there based already to MALTA and that is where they are operating from which I never think they were ever in china.

Whatever Binance is doing is not even for the sake of law alone, but because they have integritywhich they have applied to all their projects. If it was based on law, they could take advantage of the anonymity of blockchain to remain underground without people knowing them, but you can see that their CEO believes in himself and the power of his project, that is why he could show his face confidently to the world.

Binance already open in many country and i think they should comply with KYC or regulation. Malta offering regulation and in china there is stricty regulation about cryptocurrency and most exchangers prefer opening office in hongkong.
I am agree that binance CEO is very active on cryptocurrency development in the future and true believer and its good for crypto market because binance is one biggest exchangers
full member
Activity: 644
Merit: 102
I do not see IEO as scams. They are in many ways better than ICO and it is just a matter of time before people view them differently. Yes there could be fraudulent IEO projects but the numbers will be reduced. Exchanges will do their due diligent because their reputation is at stakes if they launch too many scam projects.
sr. member
Activity: 509
Merit: 250
I'm really not sure if investors are realizing that some IEO are just not worth a penny because there is still many projects reaching their IEO sale hardcap.
full member
Activity: 1316
Merit: 105
exchanges should be more selective and choose good projects but not anyone. and there won't be such situations as with ocean coin.
sr. member
Activity: 938
Merit: 256
It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?

I think it's just like ICO, some are scams some are profitable.
So, be wise on choosing IEO even this thing is so hype in crypto world right now.
full member
Activity: 2352
Merit: 245
I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.
For now, IEO projects are much better than ICO projects. In fact, these are the same ICO projects, only with a certain amount of fraud prevention and listing guarantee on a certain stock exchange. Partial resolution of these major issues facing ICO projects distinguishes IEO from ICO. Therefore, it cannot be said that IEO projects are a silent scam, although they may well be a scam.
full member
Activity: 714
Merit: 100
I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.
I also still don't believe that the IEO is fraud. Because, nowadays there are so many IEOs that benefit investors. but it must be remembered that not all IEOs can make big profits. It all depends on the exchange if in my opinion. So if you invest in the IEO there is no problem, as long as it makes you profit.
hero member
Activity: 1470
Merit: 504
I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.
member
Activity: 672
Merit: 10
It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?
I think the Bitrex case is a bit different event though the project that was held by the IEO in Bitrex was pretty good but the investors didn't believe it because the previous IEO no one could maintain demand.
and currently Ocean has dropped since trading began.
jr. member
Activity: 192
Merit: 1
Am not among those that see IEO as a silent scam. All I see is a rebranding of ICO which is less riskier than ICO though it's not perfect but as for me it is better because of the instant liquidity that it provides which gives investors an opportunity either to liquidate it or hold for while.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
Majorly IEO runs on hype , otherwise it will take a long time before any project will sell out. There were tim s when Ico would sell out in few minutes before it later started taking a lot of time. IEO is not scam and people are just being careful to participate because it’s very easy to lose funds in IEO to ICO. I just feel project that have made some substantial progress should run IEO on good exchange not just beginners.
Both initial offering (ICO and IEO) are both not scam and the real scammers are the abusers of crypto currency anonymity. However, just because IEO are run by an exchange doesn't mean the crypto scammers can't use it to scam investors and like you said IEO are majorly run through hype which crypto abuser can use it to scam their investors.
jr. member
Activity: 667
Merit: 1
Majorly IEO runs on hype , otherwise it will take a long time before any project will sell out. There were tim s when Ico would sell out in few minutes before it later started taking a lot of time. IEO is not scam and people are just being careful to participate because it’s very easy to lose funds in IEO to ICO. I just feel project that have made some substantial progress should run IEO on good exchange not just beginners.
member
Activity: 574
Merit: 10
It feels like people don't learn from their mistakes. Or forgot how popular ICO was in 2017 and how it is treated now. With IEO it will be the same with time.
It's sad to think that exchanges will be a way for scam projects, exchanges should evaluate more the project before even listing it. It will affect their reputation, we should at least learn by choosing what exchange to trust.
I am sure that the big exchanges are doing so. before entering into an agreement with a new project, they study it very well.
Yeah, I also think that a well-known exchange will do evaluation of the project that is going to hold the IEO. A big reputable exchange will have some strict requirements before accepted to do the event. But it is not a quarantee that the IEO will be succeed or the price will not be dumped after IEO. So I think it all back to our researches before making an investement.
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
It feels like people don't learn from their mistakes. Or forgot how popular ICO was in 2017 and how it is treated now. With IEO it will be the same with time.
It's sad to think that exchanges will be a way for scam projects, exchanges should evaluate more the project before even listing it. It will affect their reputation, we should at least learn by choosing what exchange to trust.
I am sure that the big exchanges are doing so. before entering into an agreement with a new project, they study it very well.
hero member
Activity: 1190
Merit: 541
I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges this is the difference between ICO and IEO and IEO is just safer
I have not seeing any neither, this investment of a thing we are saying is a matter of availability of liquid cash, how many investors do we have in the crypto market that they will keep investing all their life and don’t have a limit, they all have a limit.

The reason why Binance IEO gets finished easily is because they already have a very strong community and for the fact that it was their first time of doing so, there will be a time when Binance too will be faced with this challenge, because the community they rely on to fill the space would have exhausted their investment lime and they have to wait for new investors before they can get more investment space filled up.
hero member
Activity: 742
Merit: 500
It feels like people don't learn from their mistakes. Or forgot how popular ICO was in 2017 and how it is treated now. With IEO it will be the same with time.
It's sad to think that exchanges will be a way for scam projects, exchanges should evaluate more the project before even listing it. It will affect their reputation, we should at least learn by choosing what exchange to trust.
hero member
Activity: 1274
Merit: 500
I haven't seen any scam IEO  yet and the only way investors can lose there funds to IEO scam is investing in IEO from new exchanges

Still early, of course, we cannot find a scam IEO, but if there are hundreds of IEOs, there will be many scams, the most important thing is to always be vigilant and selective in choosing the IEO.
It is necessary to select good IEO projects because every day thousands of ICO projects want to be listed in large exchanges and that makes top exchanges always have very good management and only choose the best quality projects. I think if you want to invest in the IEO, you should only choose 3 exchanges Okex, Binance, Huobi because these are the top 3 exchanges with a lot of investors' trust and will bring you great profit if You may be the luckiest person. Of course there will still be risks when investing in IEO because this is the first stage and if it enters the final stage, there will certainly be a huge loss.
member
Activity: 332
Merit: 22
Turkish Translator
It's a ridiculous thought. I don't understand how people are so sure of themselves. What makes IEOs think it's scam? If you can explain that with evidence, I can listen to you.
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