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Topic: Are investors realizing that IEO is a silent scam? - page 5. (Read 1127 times)

member
Activity: 420
Merit: 14
I think it's not correct to call IEO a scam. There are projects that have not caused a stir in the market and their tokens have not been bought in seconds, but they are completely legal and have passed the audit of the exchange where IEO is launched. Bittrex just chose not the projects that could create a stir and attract investors. I don’t invest in all IEO, because I’m waiting for a really cool project to make at least x4 from it.
full member
Activity: 983
Merit: 100
Bittrext's first IEO also failed miserably, it couldn't even be launched when people learned that a rough handkerchief and Bittrex decided it was too risky. Do your own research, and don't invest blindly on something just because it's all hyped up. scammers will follow developments. for now, the scammer may be depressed because of an alternative IEO. but they will look for ways too and the same as ico, IEO will be full of scammers later. I think that's the principle of their work. because they won't die easily.
hero member
Activity: 2268
Merit: 579
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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. Is 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?
Have you watched another IEO that launched on bittrex before ocean protocol? Those investors are getting lost around 40% and that's why they learn from there. They are putting their money into the IEO that runs in another exchange site. I have the same thought with you dude. I believe ocean will bring investors to the lose again
LOL, I think those that rushed into investing were just learning from the market and thank God they have already done our research for us. I have always told people that IEO is just going to make more money for exchanges and not all investors, there is no platform they cannot practice dump.

The only solution that IEO platform brought is to engage people in projects that are not being operated by scammers, that is if they participate in the ones from reputable exchanges. It is even good as they are still no longer meeting up with their marketcap, they will end up falling back to bounty hunters for help.
You're right the newbie are those that usually invest into most IEO base on the high traffic the project got but I want you to know that you're wrong when you said the IEO platform brought crypto  community project that are not operated by scammers because the last time I check the procedure it was just like the information exchange ask for coin listing(site, ticker,team info etc).
hero member
Activity: 966
Merit: 517
I think IEOs are not scam, but just because a project has an IEO and no ICO, it doesn't make the project any better. IEO does not automatically mean that the project is really good and that you should invest in it. I think some investors have recognized that too and don't invest in every project that an IEO carries out.  Smiley
I never appreciate blind trust and it should always be discouraged. Not all IEOs could be great but those which are conducted by the leading digital platforms like Binance and Bittrex. Binance Launchpad has had great success so far. Bittrex cancelled IEO for a crypto startup after the start up got their deal cancelled with an e-gaming company. They cancelled it for the good of its users which is enough evidence to call Bittrex a good platform.
copper member
Activity: 995
Merit: 1
Avoid Bittrex IEO-s like a plague if your intention is to flip your investment or hold it for a short period of time. They should really limit the MCs of listing projects to 10 or max 15 mil as some other tier 1 exchanges did. And better vesting of projects wouldn't hurt either.

I think just a way to make more money to the exchanges. This does not solve the main problem with the projects. I do not know yet I’m bad at projects on IEO.
jr. member
Activity: 172
Merit: 1
Is like many just use the word scams without knowing its actual meaning. Not selling it out within seconds does not mean it is a scam. What I see is that investors are very more cautious now because they don't want the repetition of what happened in 2017 and I think this is very good for the industry.
full member
Activity: 1064
Merit: 101
Avoid Bittrex IEO-s like a plague if your intention is to flip your investment or hold it for a short period of time. They should really limit the MCs of listing projects to 10 or max 15 mil as some other tier 1 exchanges did. And better vesting of projects wouldn't hurt either.
member
Activity: 1078
Merit: 10
I think Ocean Protocol has not reached its IEO Hard cap because of the previous IEO on Bittrex - Veriblock - which is now traded at about 0.5x price. It is very important for every exchange to hold the first IEOs with a good profit for investors.
hero member
Activity: 2940
Merit: 593
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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?
Either the hype dies down, or  that particular coin does not have a platform that can contribute to its popularity, investors are more wiser now, they will not bite to every IEO that comes along the way, they will check it, if it's going to be a short term or long term investment or will just die down after the hype is gone.
full member
Activity: 770
Merit: 102
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I think people have been fooled into thinking that IEO's are some sort of panacea where all the problems with ICO's will be fixed. They will eliminate the most egregious types of scamming like the people doing the ICO turning out to be fake and running away with all the money. But they won't protect you from badly run projects or even stupid ideas. The exchanges don't screen for quality and I doubt very much they could even if they wanted too.
sr. member
Activity: 1624
Merit: 250
After seeing that there was no profit, there was fear. The successful progress of Binance in the sale of IEO led everyone to believe that they had found a new way of gain. But it should not be so easy.
full member
Activity: 486
Merit: 100
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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 see IEO is another option for the ico project.
I can't conclude like you because I don't know how the mechanism is to ensure that the IEO is a scam program.
I think Bittrex has a team that will assess this especially for many projects that carry out the IEO. until now everything has not been running and still has to be studied
legendary
Activity: 3150
Merit: 1148
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I do not think that if somewhere in the IEO industry there are difficulties, then it should be equated to scam. For example, on Binance IEO were launched successfully, there are also examples of other exchanges. In any case, if errors arise somewhere, they just need to be fixed.
Investors like IEO, it's one of the reason the demand of crypto especially the major coins has increased.
What I believe is that investors are realizing that more scams in ICO and they need a safer platform and they found it in IEO.
member
Activity: 684
Merit: 10
The ocean coin  is weak project, it was clear that it will not bring profit, and no one promised us anything. All investments are made at our own risk.
sr. member
Activity: 994
Merit: 260
I do not think that if somewhere in the IEO industry there are difficulties, then it should be equated to scam. For example, on Binance IEO were launched successfully, there are also examples of other exchanges. In any case, if errors arise somewhere, they just need to be fixed.
member
Activity: 700
Merit: 27
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IEO is not scam ,just because projects are launching through exchanges doesn't mean it can't fail due to not having enough hype ,for every projects launched on IEO hype is still needed to sell out all tokens just like ICO ,the difference between ICO and IEO is not much
jr. member
Activity: 111
Merit: 2
Bittrex and Ocean scammers! More than 5,000 people were deceived by 6 million dollars! Now they ignore all user messages.
hero member
Activity: 1358
Merit: 509
IEOs (actually everything) are profitable in binance. Everyone should understand that IEO is not something that everyone want to see. This is just the sale of the newly created coin/token in exchange. Just, better exchanges provide a better atmosphere.
full member
Activity: 532
Merit: 100
Well, I can't really fathom if they are scam or not as they are still growing gradually. Also, I think the ability of an IEO to finish ASAP depends on the exchange; that is, their potentials, products and services, at the same time it also depends on the IEO itself, that is, what actually are they team trying to offer and is it achievable. In my opinion, I think all this factors contributes to the success of IEO.
hero member
Activity: 1106
Merit: 501
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?

It's all about researching I don't blame people who tried to participate its a new way the few is trying to get a grasp of it, its same with others it was never need to succeed at first pilot and there is more time for it to be reconstructed and to rebuild it needed a foundation there are still ICO that is scam and for IEO investors are still trying to figure out how things and when will it work out the best option they have is to experience and try it themselves.
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