Biggest ICO scams - page 2. | Bitcointalksearch.org

supercops

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Quote from: Text on April 08, 2017, 09:04:02 AM

Altcoins are being created now and most of the developers just use ICO to make money. So if you don't want to suffer from scamming then you better join only the bounty campaigns to receive tokens after the event. There's so many investors has been already scammed but still they join again.

This would be the best thing to do I will think to do as well.
Just receive bounties and not risk any investment or your bitcoin with the ones who do turn out to be a scam.

StallionMosquito

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Once I was with the lithium project which was much active at that time but after few days this become a big scam. Many members were there but i dont know the actual reason why they become scam.

Text

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Altcoins are being created now and most of the developers just use ICO to make money. So if you don't want to suffer from scamming then you better join only the bounty campaigns to receive tokens after the event. There's so many investors has been already scammed but still they join again.

Yuhee

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I bought gambleo tokens worth 0.01btc at coinexchange during the ICO, after the ICO the dev locked and abandoned the project because of the death treats by the bounty hunters,like WTF, https://bitcointalksearch.org/topic/m.18311089 . I don't know how much Bitcoin was raised after they gone. And what kind of reason that they will abandon the project because they're threatened of not paying the bounties.

Mr.Charlie

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Quote from: mobnepal on April 08, 2017, 08:16:28 AM

Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

I think DAO can be considered as big Scam, millions of dollar was involved in their crowdfund but they fail to deliver secure token which lead to Eth fork. In all this panic, the one who have invested in DAO with big hopes lost so much.

thedao was a disaster

Mr.Charlie

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Quote from: Robertqueen2 on April 08, 2017, 04:27:43 AM

I remember LetItRide, it was very bad experience, the scammers stole about $500k from investors.

Quote from: cointabo on April 07, 2017, 11:08:57 PM

The latest one's going to be Humaniq. Screenshot this.

As you can predit the future, can you tell me about ethereum price after two months.

letitride was a huge scam. dont forget to add in gamebets with let it ride...same scammers

mobnepal

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Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

I think DAO can be considered as big Scam, millions of dollar was involved in their crowdfund but they fail to deliver secure token which lead to Eth fork. In all this panic, the one who have invested in DAO with big hopes lost so much.

iamTom123

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Quote from: MirkoIta on April 08, 2017, 07:00:26 AM

Quote from: thebatletbet on April 08, 2017, 05:58:22 AM

Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

why youre underestame about ico project, not all ico project is bad
the biggest succes in ico selling is monero, monero ico price only 40k satoshi, this now monero price is fantastic, volume transaction is big too and now monero the big coin

I think you are a bit confused because XMR Monero never had an ICO or something else, dev team worked for free for a very long time and the surge in price and usage of Monero happened only because good development. That's why you should never invest in any ICO because 99% of them are just a way for some random scammers to steal money.

That must be speaking well of Monero which is now included in the top 10 digital currencies in many exchanges. I do not have any Monero coin but I believe it really does have a good future. A coin can have a future if there are real people behind the coin and they are working in one direction and one goal to make the coin get into the ground and take off with flying colors. I am supposed to be investing in Humaniq ICO but I am now doubting because of the discussions above. LOL.

MirkoIta

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Quote from: thebatletbet on April 08, 2017, 05:58:22 AM

Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

why youre underestame about ico project, not all ico project is bad
the biggest succes in ico selling is monero, monero ico price only 40k satoshi, this now monero price is fantastic, volume transaction is big too
and now monero the big coin

I think you are a bit confused because XMR Monero never had an ICO or something else, dev team worked for free for a very long time and the surge in price and usage of Monero happened only because good development. That's why you should never invest in any ICO because 99% of them are just a way for some random scammers to steal money.

thebatletbet

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Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

why youre underestame about ico project, not all ico project is bad
the biggest succes in ico selling is monero, monero ico price only 40k satoshi, this now monero price is fantastic, volume transaction is big too
and now monero the big coin

BitcoinNational

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I am interested in setting up a review board for ICOs. It will start small, but the intent is to establish some standard procedure rules and parameters of evaluation for ICOs. Applicants would pay a fee in X-coin and board members would be rewarded a small some per share. PM if any interest.

Robertqueen2

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I remember LetItRide, it was very bad experience, the scammers stole about $500k from investors.

Quote from: cointabo on April 07, 2017, 11:08:57 PM

The latest one's going to be Humaniq. Screenshot this.

As you can predit the future, can you tell me about ethereum price after two months.

cointabo

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The latest one's going to be Humaniq. Screenshot this.

hajimasan

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Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

Actually you can't say directly that which ICO is scam Because most of the ICO came in the altcoin launching after a long years gap ( I am indicating here for the yes coin)
Here the most known scam was of ebitz and massnetwork , I am not sure whether these were big scam or small but I myself Invested about 100$ ( my 4 month earning) and lost all because no response after token sell .
Well here I will say that never go for any ICO Investment , if you want Invest some money then make every detail study with that ICO then thing twice .

Coroline

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Quote from: robelneo on April 07, 2017, 10:28:12 PM

Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

There are hundreds of biggest scam here most prominent I can remember are ebitz and Opair and Massnetwork ,I consider Massnetwork on top of my list I purchase huge amount from a friend but now I cannot even sell it,in the market because it's a useless token.

Those project as you mention correctly but I heard that if those project had a same person,they bought Bitcointalk account from someone and tried to make interesting project to scam people. yeah that i know so far with a huge $,

Also Lithium project but the amount just about 22 BTC

X-ray

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Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

The big scam ICO such as OPAIR, DeCloud, MassNetwork, But i will try to give another BIGGEST scam ever such as the DAO (Dev's fault caused by make a buggy code) It's about hundreds millions of dollars flow to the hacker.

animalroam

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The one I remember the most is Opair. Also, I recall many people getting scammed by DeClouds.

The Sceptical Chymist

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Quote from: TaunSew on April 07, 2017, 06:19:25 PM

The biggest concurrent scams are "IOU" tokens like Maidsafe (started in 2006 before Bitcoin) - you buy vaporware and there's no legal obligation for these token providers to release a product. There's a lot of IOU tokens in the top 30 and Japan, which has exceeded China in Bitcoin volume, has banned them under the new BitLicense.

The biggest early outright scam, as in not vaporware and exiting after ICO was over, was that Visa coin and whatever that project with the Czech guy in 2016.

Then we had some marketing coins with little substance behind them - Maza coin was a great idea but clearly it was started by some guy in a basement looking for a quick pay day (this was very common in 2013 - 2016 and still happens with obscure new projects).

Isn't maidsafe a real thing? Or is it a scam? I've seen so many in the altcoin section in the past two years, and I don't know which were the biggest.

Cloakcoin comes to mind, as does Candlecoin. Those turned out to be scams, correct?

IMO, any new crypto that comes out is a scam to make the developers rich. Give me a break. There's absolutely no reason why most of what's on the market right now should exist.

robelneo

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Quote from: loreRex on April 07, 2017, 05:01:53 PM

Can you name the biggest ICO scams of the past?
Of course details of the scams are welcome!

There are hundreds of biggest scam here most prominent I can remember are ebitz and Opair and Massnetwork ,I consider Massnetwork on top of my list I purchase huge amount from a friend but now I cannot even sell it,in the market because it's a useless token.

TaunSew

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The biggest concurrent scams are "IOU" tokens like Maidsafe (started in 2006 before Bitcoin) - you buy vaporware and there's no legal obligation for these token providers to release a product. There's a lot of IOU tokens in the top 30 and Japan, which has exceeded China in Bitcoin volume, has banned them under the new BitLicense.

The biggest early outright scam, as in not vaporware and exiting after ICO was over, was that Visa coin and whatever that project with the Czech guy in 2016.

Then we had some marketing coins with little substance behind them - Maza coin was a great idea but clearly it was started by some guy in a basement looking for a quick pay day (this was very common in 2013 - 2016 and still happens with obscure new projects).

Topic: Biggest ICO scams - page 2. (Read 4957 times)