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Topic: Careful out there... (Read 588 times)

newbie
Activity: 252
Merit: 0
January 25, 2018, 11:22:23 AM
#54
It's a pity to see that people invest in such projects without knowing the biography of the team. even without reading a technical document
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
January 25, 2018, 10:58:01 AM
#53
That's a fantastic sale Grin. However, why are so sure the market price of their tokens will rise someday? Seeing every day there are new options along with the new ICO project that almost every day is always there. It is not impossible to find ICOs that are more likely to benefit greater than the ICO tokens.

In this case, just to break even with your investment, the guy would need to make a x1000 value. I insist, just to break even.
member
Activity: 490
Merit: 14
January 25, 2018, 10:36:13 AM
#52
yes whenever investing in any kind of cryptocurrency, you really need to be careful, so you don't get pulled into a scam. Great catch! Thanks for sharing!
member
Activity: 322
Merit: 15
January 25, 2018, 10:34:04 AM
#51
Anyone can be deceived by words in whitepapers and such. The mindset of every investors if they will make profit from it. That's the bottomline and there's no more. I feel bad for those who were scammed by those bad projects.
full member
Activity: 560
Merit: 100
January 25, 2018, 09:09:02 AM
#50
this time must choose a good bounty, because there are so many unsuccessful projects in ICO so that the bounty not paid, so before joining bounty must read the white paper first.
This is the reason's why we should be careful in choosing a good Ico. As of these days, there are many bounty project that we can say legit or might scam. So before investing we should be very careful and reading the whitepaper is very important in choosing a good one to put our money.
full member
Activity: 284
Merit: 100
Vertex.Market, the World's First ICO Aftermarket
January 25, 2018, 09:03:37 AM
#49
I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap.

But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens he´s set is 2 BILLION  Grin Grin

Frankly, nowadays you have to read carefully even when looking for bounty out there  Roll Eyes

i agree with this, before we put our money to the said ico we must read the white paper and website. some people just invest without reading the ico's information, without reading the website and whitepaper just invest the money without knowing that one day they might be lose thier money.
member
Activity: 154
Merit: 10
January 25, 2018, 09:00:04 AM
#48
That's a fantastic sale Grin. However, why are so sure the market price of their tokens will rise someday? Seeing every day there are new options along with the new ICO project that almost every day is always there. It is not impossible to find ICOs that are more likely to benefit greater than the ICO tokens.
jr. member
Activity: 210
Merit: 1
OMNITY Knowledge, connected
January 25, 2018, 08:54:49 AM
#47
If someone still didn't understand, we are in a financial far west here.
And even if there are some evident scams made in amateurish way and easy to be identified, there are other proposals made by professionals that look very good but actually are full of hidden traps. Devil is in the details...
member
Activity: 221
Merit: 10
January 25, 2018, 08:48:19 AM
#46
this time must choose a good bounty, because there are so many unsuccessful projects in ICO so that the bounty not paid, so before joining bounty must read the white paper first.
legendary
Activity: 3038
Merit: 1169
January 25, 2018, 08:42:19 AM
#45
That's why research is important. You always need to read the fine print and try to avoid scams.

Even if you read their whitepaper and their roadmap all of it has a positive outlook about their ICO they will not put a negative and a thing that may get their ICO with a bad side I really think you need to research any further and look for their developers, founders and co founders if they had a trustworthy back ground or you can see a great ICO by their services and product if its gonna be a hit to the public.
newbie
Activity: 224
Merit: 0
January 25, 2018, 08:34:46 AM
#44
There are many scammers making ICOs to scam people as they know there are many newbies in the crypto market at this time and they do not know how to check if the ICO is good or not so they invest in any ICO where they only see something good so they make scam ICOs and tell good things about that so newbies invest in those ICOs and they scam them and take their money and go away.
newbie
Activity: 136
Merit: 0
January 25, 2018, 08:34:08 AM
#43
Would happy to know what project or cryptocurrency you are referring to?
legendary
Activity: 1456
Merit: 1000
January 25, 2018, 08:29:05 AM
#42
I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap.

But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens he´s set is 2 BILLION  Grin Grin

Frankly, nowadays you have to read carefully even when looking for bounty out there  Roll Eyes

Haha this guy... Unfortunately, I'm afraid that there will always be some gullible people to buy into this kind of bullshit...
hero member
Activity: 756
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
January 25, 2018, 08:28:15 AM
#41
I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap.

But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens he´s set is 2 BILLION  Grin Grin

Frankly, nowadays you have to read carefully even when looking for bounty out there  Roll Eyes

Can you share which ICO this was for? So other people don't fall for it.

Frankly not enough people do their research, let alone read the whitepapers.
It should not matter what the ICO was, since any coin that has those kind of specs will be known as a sham.
hero member
Activity: 784
Merit: 510
Sovryn - Brings DeFi to Bitcoin
January 25, 2018, 08:23:44 AM
#40

Just looking at those numbers are making me laugh. People will invest in numbers like those but they have no idea what they get themselves into.

Just like your thread title says, people be careful and don't fall into the trap of investing in something so "real"  Grin
full member
Activity: 280
Merit: 102
January 25, 2018, 08:10:38 AM
#39
That's why research is important. You always need to read the fine print and try to avoid scams.
member
Activity: 258
Merit: 12
January 25, 2018, 08:03:03 AM
#38
I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap.

But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens he´s set is 2 BILLION  Grin Grin

Frankly, nowadays you have to read carefully even when looking for bounty out there  Roll Eyes
May we know which ICO you are talking about? and why would a thief will left something that can be evidence to his crime?why would reading whitepaper will give you an idea that he has 2billion tokens ? i dont see the the probability that they will put the information in the whitepaper if they announced that they will only sell 1million tokens from the ICO?
full member
Activity: 798
Merit: 109
https://bmy.guide
January 25, 2018, 08:02:01 AM
#37
I just read a White Paper. It is selling 1 million tokens at, roughly 2 USD each. This would look like a nice company to put your money into, as it has a small cap.

But there is a catch, the guy has created 1 BILLION tokens, so this means that the value of the tokens he´s set is 2 BILLION  Grin Grin

Frankly, nowadays you have to read carefully even when looking for bounty out there  Roll Eyes
Well, much better if you shared here if what token is that.
Yes that's the first thing to do when you investing an ICO's project just read the roadmap and whitepaper including the whole team and devs of their project.
So, congrats to him he find a good ICO's project to invest in crypto currencies, many scenario like this that getting rich because of the cypto's investing.
All of us are have a chance to have more profit when it comes in investing in crypto's, but having a dip research is a must. Grin
member
Activity: 74
Merit: 10
January 25, 2018, 07:47:14 AM
#36
This is a simplest way to legally scam the people. People need to watch out and read and research about their investment.
It is not a hard work, but there is a lot to read in some cases.
member
Activity: 294
Merit: 10
January 25, 2018, 07:23:58 AM
#35
Agree with this, when the total supply and that price its too much.  With that supply I will invest for the price of 1-2 cents per coin/token.  But in ICO stage and that price, never its like they want a get quick rich project.
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