Do not invest in ICO anymore. Do not Feed scammers - page 9.

naufals4

member

Activity: 574

Merit: 11

Quote from: Delver on October 09, 2018, 03:15:19 PM

ICO era is gone! Stop feeding serial scammers. Stop funding these cash grab nonexistent projects.
The World Do not need new tokens at all. We got enough shitcoin for next 100 years.

Well if there are a real project (With trustworthy Team) which is really willing to distirbute Their tokens! There are Many ways Without Doing ICO!

ICOs should just get funded from VCs and do an airdrop to community.

Most ico can be done open source on github for free.. the greed in creating all of these project is stifling growth. A lot of innovation come from free open source project from passionate developers.

Im 3 years in this field and strictly advice you do not invest in any ico at all.

What Do you think guys ?

yeah I agree with you that many ICOs are now SCAMMING their community after they get a lot of money through selling their coins. if you still want to buy ICO you should learn more about it and their community

rizkyrz

sr. member

Activity: 560

Merit: 250

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I don't agree with you, in my opinion there are still quality and decent ICOs for many people to follow. But indeed at this time there are many ICOs that are scam and there must be regulations that make unclear ICOs unable to surface.

sempak

hero member

Activity: 1638

Merit: 505

Quote from: Netnox on April 21, 2019, 01:23:09 AM

Not all the ICOs are bad. Even now, there are a few good projects ongoing. But due to the influx (or flood) of scammers, you need to be extra-vigilant. I'd say go only for those ICOs, where the promoters are well known people.

The bad opinion of people about ICO indeed makes everyone see that ico himself is no longer right now, adding to the emergence of IEO and STO trends
that become competition in the ICO to be able to make people's beliefs become more difficult again

Netnox

legendary

Activity: 2044

Merit: 1008

Not all the ICOs are bad. Even now, there are a few good projects ongoing. But due to the influx (or flood) of scammers, you need to be extra-vigilant. I'd say go only for those ICOs, where the promoters are well known people.

green547

full member

Activity: 385

Merit: 101

Its really unfair to label all ICOs a scam, there are still a lot of good upcoming projects out there you just have to do your research. Its just like real life, most startups fail but the ones that succeed give you an enormous return on investment.

Cianix

member

Activity: 420

Merit: 10

Quote from: BitcoinHunt3r on April 21, 2019, 01:02:19 AM

Quote from: djsugar on April 21, 2019, 12:56:29 AM

I don't believe in that.
Yes, there are hundreds of ICO coming everyday. But not all are scams. It's just you need to find one which is definitely a tough task. We are over the phase where every other ICO was profitable. That in turn lead to more ICO. But today the ICO industry seems stagnant and it will remain the case until next hyper bullish cycle. Till then be cautious and research well before investing in an ICO. There are some really good out there.

It is right, because even OP use newbie account to post something like this. Grin

. Even in fact there are a lot of ICOs that are bad, investing in something always have risk, and investor must take that risk by themself. That is why we can't act carelessly if we are an investor.

Now the risk is very big to lose all funds , I think you need to first think carefully , and in your place I would not invest in ico at the moment

BitcoinHunt3r

legendary

Activity: 2954

Merit: 1155

Leading Crypto Sports Betting & Casino Platform

Quote from: djsugar on April 21, 2019, 12:56:29 AM

I don't believe in that.
Yes, there are hundreds of ICO coming everyday. But not all are scams. It's just you need to find one which is definitely a tough task. We are over the phase where every other ICO was profitable. That in turn lead to more ICO. But today the ICO industry seems stagnant and it will remain the case until next hyper bullish cycle. Till then be cautious and research well before investing in an ICO. There are some really good out there.

It is right, because even OP use newbie account to post something like this. Grin

. Even in fact there are a lot of ICOs that are bad, investing in something always have risk, and investor must take that risk by themself. That is why we can't act carelessly if we are an investor.

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

There have been some really good and profitable ICOs, but a lot of scams as well indeed. What I believe is that an investor should always do its own thorough research on the project he wants to invest in. You might have had some unpleasant experience with ICOs and that is totally understandable, but I think it is a bit extreme to not even at least check out the propositions of ICOs.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

I don't think the ICO ERA is completely dead but STO's now are becoming popular, that's security tokens/coins and people now are getting savvier and not just investing form one ICO to another ICO, as the 2017 ICO hoppers did. I do feel now more and more investors are taking crypto more seriously, so they are more likely to do their homework and due diligence before they invest their hard earned money into any crypto bags. It has on the other hand gotten harder for Bounty Hunting. I hardly made anything in 2018 form bounties, most ICOS were flops or scams. So am more choosy in the work I do regarding crypto now.

djsugar

sr. member

Activity: 686

Merit: 262

I don't believe in that.
Yes, there are hundreds of ICO coming everyday. But not all are scams. It's just you need to find one which is definitely a tough task. We are over the phase where every other ICO was profitable. That in turn lead to more ICO. But today the ICO industry seems stagnant and it will remain the case until next hyper bullish cycle. Till then be cautious and research well before investing in an ICO. There are some really good out there.

RamBahadur.Gurung

sr. member

Activity: 457

Merit: 262

Quote from: Delver on October 09, 2018, 03:15:19 PM

ICO era is gone! Stop feeding serial scammers. Stop funding these cash grab nonexistent projects.
The World Do not need new tokens at all. We got enough shitcoin for next 100 years.

Well if there are a real project (With trustworthy Team) which is really willing to distirbute Their tokens! There are Many ways Without Doing ICO!

ICOs should just get funded from VCs and do an airdrop to community.

Most ico can be done open source on github for free.. the greed in creating all of these project is stifling growth. A lot of innovation come from free open source project from passionate developers.

Im 3 years in this field and strictly advice you do not invest in any ico at all.

What Do you think guys ?

Couldn't agree anymore, so I gave you a merit point.

Right now it is very difficult to distinguish and differentiate between a good project and a scam project. And despite repeated requests, neither the staff at Bitcointalk nor the other competent authorities have done anything to help us in this regard.

I am not saying that all the upcoming ICOs are scams. May be 2 or 3 out of 100 may be genuine. But my opinion is that it is not worth the risk. I got my fingers burnt with ICOs previously, so I am not going to jump in to them again unless there is some drastic change.

Ezenwanyi1

copper member

Activity: 308

Merit: 1

Veil

There are good ico projects that have good intentions as much as there are ones out with the intention of scamming unsuspecting investors.
I have realized that projects that are self funded mostly are very much committed to improving upon the blockchain technology than the ones that depend one investors fund.

babysweetTiger0401

sr. member

Activity: 777

Merit: 251

Quote from: Delver on October 09, 2018, 03:15:19 PM

ICO era is gone! Stop feeding serial scammers. Stop funding these cash grab nonexistent projects.
The World Do not need new tokens at all. We got enough shitcoin for next 100 years.

Well if there are a real project (With trustworthy Team) which is really willing to distirbute Their tokens! There are Many ways Without Doing ICO!

ICOs should just get funded from VCs and do an airdrop to community.

Most ico can be done open source on github for free.. the greed in creating all of these project is stifling growth. A lot of innovation come from free open source project from passionate developers.

Im 3 years in this field and strictly advice you do not invest in any ico at all.

What Do you think guys ?

I understand your sentiments but you cannot stop investors to invest in the ico project whether it is good or not.
Aside from that, not all ICO are the same like what you are thinking dude, yes it is true that most of the ico
became shit since last year but not all of them. And scammers in any business will not be gone they are everywhere
as long as there is money that they could get it.

craslovell

legendary

Activity: 1470

Merit: 1021

I think you've got to pick and choose your battles. Not every ICO is a scam attempt. The difference is sniffing out the project that are real which can take weeks of research if you want to be diligent about your investment.

kynaz

sr. member

Activity: 1078

Merit: 250

http://unidapp.app

Quote from: cryptowolfsu on April 20, 2019, 06:53:17 PM

ICOs brought a lot of innovative and progressive projects to the market and they were one of the
main reasons for the 2017 bullish market. We should not write off ICOs , they just have to evolve
in a different, safer and more regulated investing method.

Now most ICO projects always show a lot of risks in the investment field because all current ICOs are fraudulent making many other projects affected. I do not recommend investing in ICO because this is the old form and the new trend is supporting STO, IEO because these are 2 new choices in this market that make many investors can make profit better . Maybe at this time ICO still has a lot of investors but in the near future, everything related to ICO will disappear.

fuer44

sr. member

Activity: 1652

Merit: 262

we all need to be compact not to invest in ico, and new emerging ico should never be given funds before they really provide a guarantee of the future of ico in accordance with their road map.

cryptowolfsu

member

Activity: 476

Merit: 10

ICOs brought a lot of innovative and progressive projects to the market and they were one of the
main reasons for the 2017 bullish market. We should not write off ICOs , they just have to evolve
in a different, safer and more regulated investing method.

kickdapa

full member

Activity: 627

Merit: 103

No one wants to feed scammers, but everyone wants to earn money easily. ICO was one of the easiest ways to earn money. But the bear market comes and scam ICO project numbers increased! So, investors lost a huge amount of money through investing in this sector. Right now, no one cares ICO projects anymore, people care about the hype and the recent addition IEO! I agree that this condition is not the best for the ICO but it is not that bad to support a legit project with a new idea. Personally, I thought Mobu ICO/STO should be a successful project.

Catmurs

jr. member

Activity: 518

Merit: 1

Quote from: micalith on April 20, 2019, 04:41:58 PM

I feel you but i can’t say that ICO era is totally gone. There are still smart people out there who is able to create amazing projects for crypto market. We all should be careful about scammers and we shouldn’t invest for useless projects, that’s a fact. But i don’t wanna be negative or sad. The market will be fine in future.

Agree ico is gone and it is worth forgetting about it , I think if there are good projects they will do ieo and immediately go to the stock exchange

irixo10

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Activity: 1078

Merit: 104

GoMeat - Digitalizing Meat Stores - ICO

Well, am not going to argue that there are no scammers or scam ICOs, but I can argue that there are still genuine ICOs in the crypto space. What I keep saying or telling people is, stop going for hype or word of mouth rather check the ICO well and know if it's worth investing. It's your money, you should protect it.

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