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Topic: Do you read ICOs white paper before investing? - page 4. (Read 3665 times)

sr. member
Activity: 546
Merit: 253
I read whitepaper but you known. White paper is just a little things for me before invest to something.
legendary
Activity: 1232
Merit: 1000
Of course I read whitepaper before participating at ICO. It would be silly not to do this. BTW whitepaper is just a part of my decicion. There are many different things that I take into consideration too. Such as team, advisors, project official registration, community, BCT Ann thread. The depth of current research depends on confidency to project and hyip around it.
sr. member
Activity: 742
Merit: 250
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?
Yes, this is of course. Every time I learn about ICO projects to invest in it, I always read the first white paper ICOs. This is a necessity and everyone should do if they do not want to lose money or invest in ICO projects no potential for growth in the future. In the white paper, they will introduce and present all the things that are relevant to the project, from the concepts, the roadmap to the way they work, and your benefit if you invest in that ICO project. This makes you understand better. Those who do not read white paper probably do not understand ICO projects. This is very dangerous because lack of understanding will lead to many losses.
sr. member
Activity: 406
Merit: 251
All the project details are included in the white paper. Looking at it, you can see if the project is promising or not. You should read ICOs white papers before investing, and regularly check how project is going.

You need a "White paper" for that ? Really ?
Wouldn't knowing the basic idea be enough ?
Wouldn't knowing that the ICO by design is scammy be enough ?
You are leap frogging over common sense people.

The reason you are doing that is becasue you WANT to profit.. off of "schemes"
..that are tacked onto a block-chain / token.

So you are LOOKING for a scheme to invest in.
A scheme as in something not a currency but some alternate use case for a block-chain.
You are interested in the scheme because you want to know if the scheme holds promise of profits.
You are in fact simply scam aficianado's.. pushing ICO's to dump for BITCOIN PROFITS.

And dev's LOVE crypto because they are free to be anon while pushing ENDLESS scheme's while rigging them and manipulating them free from regulation. (like in the real stock markets)

Go hard idiots..
All of earth watching see's what i see.
They are not falling for the charade.

You're an unusual guy, aren't you spoetnik?

Being the only honest one here.. yeah.
Have anything to say about the topic NOOB ?

Maybe jiggle your little dick-holster at me when you get to Junior status Investard.  Cheesy

I enjoy Spoetnik's shit-talking posts greatly haha.

But yes, always read the f'ing whitepaper before you throw money at stuff!!!!!! There has to be an actual value proposition being delivered by the new crypto.

Does it drastically improve upon traditional non-blockchain options?

Is there a reason for people to hold/accumulate/use its tokens?

Is there any realistic chance of even niche-level adoption?

etc???

Ask yourself questions like these while reading whitepapers
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
All the project details are included in the white paper. Looking at it, you can see if the project is promising or not. You should read ICOs white papers before investing, and regularly check how project is going.

You need a "White paper" for that ? Really ?
Wouldn't knowing the basic idea be enough ?
Wouldn't knowing that the ICO by design is scammy be enough ?
You are leap frogging over common sense people.

The reason you are doing that is becasue you WANT to profit.. off of "schemes"
..that are tacked onto a block-chain / token.

So you are LOOKING for a scheme to invest in.
A scheme as in something not a currency but some alternate use case for a block-chain.
You are interested in the scheme because you want to know if the scheme holds promise of profits.
You are in fact simply scam aficianado's.. pushing ICO's to dump for BITCOIN PROFITS.

And dev's LOVE crypto because they are free to be anon while pushing ENDLESS scheme's while rigging them and manipulating them free from regulation. (like in the real stock markets)

Go hard idiots..
All of earth watching see's what i see.
They are not falling for the charade.

You're an unusual guy, aren't you spoetnik?

Being the only honest one here.. yeah.
Have anything to say about the topic NOOB ?

Maybe jiggle your little dick-holster at me when you get to Junior status Investard.  Cheesy
full member
Activity: 448
Merit: 100
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Whitepaper is a very vital piece of document of a project. That is very elementary that everyone should read the whitepaper if they want to invest in an ICO. If they are too lazy, then perhaps some portions in the whitepaper such as how they will proceed in turning the project into a reality and the team.
yes, before investing in an ico or project I will definitely read the whitepaper first,
for clarity in the project.
sr. member
Activity: 1400
Merit: 273
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Whitepaper is a very vital piece of document of a project. That is very elementary that everyone should read the whitepaper if they want to invest in an ICO. If they are too lazy, then perhaps some portions in the whitepaper such as how they will proceed in turning the project into a reality and the team.
full member
Activity: 247
Merit: 100
Decentralized Continuous Audit&Reporting Protocol
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Before I invest into something, I see to it it's worth it. So being a responsible investor, before you support that certain ICO you must see to it it's legit or it has something to offer that is possible to do. Some ICOs like those banned by China recently where just fundraising just to get the investor's money, in short it's a scam.
member
Activity: 126
Merit: 10
I would say it is a must. All the most important details are included in this document. Nevertheless, it's not the only one important thing. I would also look at the experience of the team of founders, what industry the project focuses on. I know some projects which I think are very promising, first of all, because of the team and very perspective industry.
full member
Activity: 231
Merit: 100
Yes, though admittedly not as much as I probably should for most projects. I think people are stupid not to at all
sr. member
Activity: 1148
Merit: 307
I guess many people don't, if you judge from the comments that then they do on the ICO's threads...
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
All the project details are included in the white paper. Looking at it, you can see if the project is promising or not. You should read ICOs white papers before investing, and regularly check how project is going.

You need a "White paper" for that ? Really ?
Wouldn't knowing the basic idea be enough ?
Wouldn't knowing that the ICO by design is scammy be enough ?
You are leap frogging over common sense people.

The reason you are doing that is becasue you WANT to profit.. off of "schemes"
..that are tacked onto a block-chain / token.

So you are LOOKING for a scheme to invest in.
A scheme as in something not a currency but some alternate use case for a block-chain.
You are interested in the scheme because you want to know if the scheme holds promise of profits.
You are in fact simply scam aficianado's.. pushing ICO's to dump for BITCOIN PROFITS.

And dev's LOVE crypto because they are free to be anon while pushing ENDLESS scheme's while rigging them and manipulating them free from regulation. (like in the real stock markets)

Go hard idiots..
All of earth watching see's what i see.
They are not falling for the charade.

You're an unusual guy, aren't you spoetnik?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
All the project details are included in the white paper. Looking at it, you can see if the project is promising or not. You should read ICOs white papers before investing, and regularly check how project is going.

You need a "White paper" for that ? Really ?
Wouldn't knowing the basic idea be enough ?
Wouldn't knowing that the ICO by design is scammy be enough ?
You are leap frogging over common sense people.

The reason you are doing that is becasue you WANT to profit.. off of "schemes"
..that are tacked onto a block-chain / token.

So you are LOOKING for a scheme to invest in.
A scheme as in something not a currency but some alternate use case for a block-chain.
You are interested in the scheme because you want to know if the scheme holds promise of profits.
You are in fact simply scam aficianado's.. pushing ICO's to dump for BITCOIN PROFITS.

And dev's LOVE crypto because they are free to be anon while pushing ENDLESS scheme's while rigging them and manipulating them free from regulation. (like in the real stock markets)

Go hard idiots..
All of earth watching see's what i see.
They are not falling for the charade.
legendary
Activity: 1582
Merit: 1059
I see a lot of people that do not bother to read the paper,
I try to do max due deligence before buying any coin.

What about you?

Yes of course I read it. That is one of the most important things to do, when you decide to invest on an ICO. If you don't read the white paper, then you don't know anything about the project, or their plans to the future, or why they are trying to create that business. Another very important thing, after analyzing very carefully, every aspect of the white paper, would be to analyze the team behind the project, because they could have a very good idea, but if they are not competent, then it might not go through.
full member
Activity: 322
Merit: 100
I always read it, and sadly i see how it lacks of details in comparison with Satoshi's bitcoin whitepaper.
Most of whitepapers today seem commercial brochures... Where are gone technical details and algorithms?
full member
Activity: 282
Merit: 100
That's the first thing you always have to do before even thinking to back any project. The whitepaper contains all the necessary details about the project. Without reading the document you just trust someone your money blindfolded.
member
Activity: 116
Merit: 10
 Just wait people invest in it. Then I'm invest too then sell when it list on exchange
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
Those are not exactly valid points, as their team consists of a bunch of other people who all have relevant experience, maybe not exclusively in blockchain tech but in overall finance and development. Change offers everything TenX, Monaco, Polybius, ... offers, but also everything a bank offers, including insurance and loans.

Why would we put our cryptos in a bank? We won't. Change isn't ment to be a centralized financial entity but rather a decentralized banking network, fully supported by the network.

To say that you are a "Blockchain Expert" when you worked as an Inside Sales Rep until 1.5 months ago is an outright lie.

To say that you are a "Blockchain Developer" when you've never developed any blockchain is an exaggeration at best, or a lie at worst.

If the team is willing to lie about this, you'll never know what else they're willing to lie about.

I only spent 5 minutes to find out the above.  Here's what I found in another 2 minutes:

Change-Bank's "CTO, Blockchain Developer" was an iOS Developer at Montise Create until March 2017.  Cannot find any info on Montise Create.  How knowledgeable is this guy in managing developers, or about banking, or about cryptos?

How would Change be able to give loans, if people do not give them money (cryptos)?  Someone doesn't understand how banking works.

What problem is Change solving in insurance?



I consider myself to be a cryptocurrency expert as well, as I can answer 95% of questions people ask me about it, because I've spend the last 9 months studying hours upon hours a day, learning how to trade, read graphs, research dev teams, and so on. But, if you look at my resume, you'll see that I 'technically' have 0 experience in that area because I spent the last years working in insurance.

The company you're looking for is called Monitise Create, probably a spelling error.

I've seen multiple startups grow to multimillion companies over the course of 2 years, not because they had experienced managers but because those managers were able to learn on the spot. One of my best friends is CFO in 2 LLC's and 1 international trading company. The only experience he has is learning on the spot. I've grown my portfolio with over 700% in less than 6 months and by the end of this year I should have doubled my monthly income through trading and consulting on the side. My experience is reading on fora like this one, and spending hours upon hours studying trading and finance when other people (my clients) binge watch another netflix series. Experience doesn't prove as much as people say, your attitude is much more important.

Change will be able to give loans through the network. It'll take away some anonymity, as it'll require background checks, but I'm sure it'll be more like going short or margin trading on an exchange. I imagine it'll be like me investing 1BTC my friend loaned me and giving him back 2BTC 1 month later.

Change will solve mostly insurance problems when travelling overseas and you don't have the time to arrange insurance with a standard company. It will use the blockchain safety and speed to provide insurance a lot faster.

You missed the point.. these are NOT SUPPOSE to be "Startups" or "companies"  Roll Eyes
You are suppose to be here to help contribute to getting an open source decentralized crypto currency adopted.
Not helping shady dev's fabricate centralized fake little crypto companies for ROI's.
YOU ..are a cancer, and all the other pajeets that flooded in here.
You have the fucking nerve to call yourself a "crypto expert" ?
Wrong you are an idiot and have the same retarded idiotic mind set as all the other noobs here.

Wow for a second I wasn't taking you seriously, that is until you used that big, bold font. Both intimidating and impressive.

Quote
these are not suppose to be startups or companies'
How old are you? Do you have any idea how business is done?

Quote
you are suppose to be here to help contribute to getting an open source decentralized crypto currency adopted
I'm sure the crypto world would be worth 140 billion if there would be no companies involved and literally everything would be decentralized, no devs, no exchanges, everything is free for everyone lol dumbfuck

Quote
Not helping shady dev's fabricate centralized fake little crypto companies for ROI's.
If you're talking about the devs/company, than yeah that part is centralized, but guess what, eth/btc/... every single coin you ever heard of has centralization dumbass, coins don't appear out of nowhere

Quote
YOU ..are a cancer, and all the other pajeets that flooded in here.
You really seem angry and frustrated and I literally have no idea how my comments could have made you like this, so I'm guessing you had a pretty bad childhood. Did your uncle touch you on your weewee when you were a child?

Quote
You have the fucking nerve to call yourself a "crypto expert" ?
Yes.



No.
You are a fucking noob and don't get it.
There SHOULDN'T be a White Paper in the first place.
The crypto-currency should be launched working..  Roll Eyes

The coins should indeed already serve a purpose, that we agree on. But, in order to grow, companies need funding, and in order to get funding they need a businessplan to tell investors how their money is gonna be spent. That businessplan is called a whitepaper.
member
Activity: 294
Merit: 19
I can talk about my self. I sometimes read the whitepaper or go through it at least.

I cannot go over every inch of the paper, but just go over the important topics.
full member
Activity: 234
Merit: 100
I think the majority of investors read into the whitepaper. It is very important as it gives you the outline of the business, where they are planning to go and how they are going to achieve it.

Although there are other items to focus on as well, such as the team, the marketing and the website design and if the concept actually needs a cryptocurrency, or are they simply having one to be able to create an ICO?

I think the more research the better, also it is never a bad thing to get involved in bounties with ICO's you want to invest in. You can see how the company works, and if you want to invest before actually investing.  
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