Topic: Do u think ICO is Good or Bad (Read 3304 times)

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@Fraudcache
Was that a retort ?
Well it failed badly sweet-heart  
Seriously, read what i said then your reply..

And WHO am i to say ?
Just callin' a spade a spade honey..
I am never saying don't spend your money (real money) here or there..
Just saying if you do buy scam coins for profit i will have no respect for you.

What i am saying (arguing) with you all for years is your blatant scams are.. scams.
They are THOUSANDS of pointless worthless little digital tokens created for no purpose than for trading on centralized government controlled exchange business's that make money off of poorly written GPL code.

This offends me for a variety of reasons.

First off..
You are all lying our ass off about the nature of them and their real true intention.
You are predators preying on the gullible with lies for bucks.. (real) bucks.. AKA: MONEY / FIAT $$$

2nd of all this bothers me because all of you are worthless dregs that should not be here.
Crypto coins were not invented for you greedy shady profiteers.
Crypto was created to get a currency created and used.. something you all do not care about.
..but *pretend* to. (while you count your money)

3rd is you all are abusing the concept of Open Source.. by raping it for profit.

BlockNET proves my point nicely..
He admitted he had created 75% of the code before posting his ICO "pre-sale" request
..for a million dollars in Bitcoin.
So uhhh tell me Minecache how in gods name did he create 75% of the code WITHOUT that $1,000,000.00 ?
Because he did NOT need it !

And the outcome ?
I checked back after one year of the dev crying Troll, FUD and "Smear campaign"
And he had let hosting expire and done nothing but tell the people on his SELF-MODERATED ANN topic "coming soon" for an entire year as they all got restless trying to support the project.

So tell me then if the million dollar smear campaign money did not go to coding or hosting costs then what did it go to ?
A plush and luxurious lifestyle because he posted a jpeg based ANN ICO topic that netted him 1 million fucking dollars ?

yup.. just another one (they all end up the same)

ICO = SCAM .

PS:
You did not answer the question..
Minecache do you support premined coins then ?

PPS:
I was here before you ruined the scene.
And no one else is speaking up so somebody has got to do it.
This ICO craze has lowered the bar so bad it's scraping on the ground.
And people around the world are not going to sign up here to say they agree with me..
Instead they will close the web page and IGNORE Crypto !

I suggest you "legit" dev's get vocal against "the scams"
Sitting in the corner quietly is not going to benefit you.

Me ?
I "Support" Monero so.. buy them from me for FIAT / Cash dollars $$$
Hmmmm wait a minute.. if i "wanted" Monero why would i be holding my hand out for FIAT ?
HMMMMMMMM ?? what a quandary huh ? MYSTERY !!!!!11111

Totally agree, if you are smart to identify the right ICO, from this it's possible to spot  avery good profit buying early and holding...
But if you dive onto the first every ICO that blink on some trading platform, it's easy to get glued in some unclear scam coins perfectly packed with some marketing action and made from dev's that don't care about the development but only on dump all the coin and un away!
ICO are a form of investment (exactly like funding a startup) then be always smart and invest only what you can afford to loose if the startup goes wrong

This is common thing to do when you are part of the  ICO or  shall we  say  you invested  to a particular ico and  most  investors would tend to do  is  directly sold all their coins on  the most possible peak price  in able to make  good profits.  but its doest matter if it dumped  because  a good potential coin  would   gradually rise  up again.

Especially pesobit i think there is a lot of people are not realize if the price of pesobit will rocketing like this, too many people are doubtful with them and this is very surprised for me the price of pesobit already increase more than 1000%.

Bitcoin was unknown for years while it gained traction. Today there isn't time to wait years and years before a Coin may or may not succeed so an ICO is the ideal solution to this problem. Who are you to say where people can invest their hard earned? Oh yeah I forgot, you're nothing more than a Spoetniktard.

ICO is like funding a startup. It should not happen, since if you believe in your project, you could even work for free for a while, knowing that on the long time it will bring profit.
On the other hand, the ICO money could pay some more developers, marketing team and so on to make sure the coin will really be a success.

Unfortunately a lot of ICO were scams and people started thinking about ICO as the perfect recipe for scamming
All in all, ICO is very risky, but I can't tell it's good or bad (it depends on the project and team). I would never invest much in ICO and would check for reputable teams only.

if you came in the right place and right project ico perception can be that good but if you got scammed and dev didn't pay you i guess your assessment would different from then. both ways might be good or bad depend on how the project goes.

Sometimes it is necessary, not always, but I believe it has its place.

altcoin can inraese big community bitcoin can inraese volume transaction
without altcoin, before in year 2012 bitcoin is nothing

altcoin can the big need capital money , capital money can get to selling in ico

For me in my assessment is definitely good, because this is where I started here, I got earned bitcoin through ICO that are potential. Then after the campaign I gained my bounty or rewarded according to my participation in their campaign. So it is really good to me very much.

Nowadays, still there is an ICO that can be consider as potential and legit anyhow. Though many of the ico are being pumped in the beginning. But still in the last they still helped a lot of community when it comes of earning in bitcoin.

Seeing  the roadmap of a particular  coin would be  advisable or you  must  obliged yourself  to look at it when you  intend to  invest  on a particular ICO because  you could somehow make decisions with the help of these things  because  you could able to  identify which coins  have  potential  or not.

Source money ? LOL  

You realize before you created your shill account here that *IS* how it was done ?

Explain to us all how Bitcoin and probably 1,000 coins were made before there was such thing as an ICO.

Did Satoshi have his hand out ?

And why is it when dev's said they need money for marketing etc with premined coins you cried scam yet........

You
are
full
of
shit
.

You support ICO's ?
Then would you support a mined coin with a 1 or 2% premine ?
And tread lightly scammy profiteers i can go back into your post history and see you crying SCAM on them.

Because if you are a blatant fraud then being a hypocrite too won't make much difference will it ?

Yeah others hate this because of the high premine rate.But after you investing in bitcoin do research and gather some advice from the professionals in this forum.

ICO's are like pre-ordering a video game. The companies get lazy and end up slacking on development because they are sitting on a mountain of cash.

I think its not bad but also not super, its depending I think for some part it can turn into scam so I think its pretty risky.
It has more sided and I do not know if I can trust it.

ICO / Initial Coin Offering..That will bad if has a Team bad too and otherwise Will be good If had a Great Team and Of course Roadmap how it going ICO roadmap How they can bring people to investing their project

Lots of people are againts with ico's but if they getting if for free like giving away some of ico's they loving it , The reason why they love it? Coz they making money with that ico when the time comes imo. For me , Investment with ico's is good it comes bad when the ico's dead or become scammed.

For me, investing in ICO is much better than other investments kinds, I have been watching many successful ICOs since I joined this forum, at least if the coin didn't mange to move up, you can sell your coins (or tokens) and restore your money, while in other investments, you might lose your money forever.

Well instead of running around trying to source money for their project they can focus on the development of the coin.