Topic: Does anyone care if ICO projects have real code and real teams behind them? - page 3. (Read 3588 times)
August 20, 2016, 08:46:09 AM
The thing is that even when these dev team had all their information on their ANN thread, this still don't guarantee that they won't be scamming.
I agree that they too need money but then owning 20% of the 100 million seem not ideal. These sort of dev may just take vacation to some place in the pacific for few months and be back when they've almost spent all. they're back to scam once again.
August 20, 2016, 07:53:21 AM
I hope icocountdown and some others will help with the due diligence. But perhaps they are profiting from these shit ICO's somehow.
I do alot of due dilligence on projects, I do not like scams you can see interviews with real developers that i do here:
https://www.youtube.com/channel/UCOu5mkF_NczLQzICINvzr9w/videos
You can see my warnings about scams here:
https://medium.com/@icocountdown/
I do vet all the projects on http://icocountdown.com - I don't list anything I think are scams without at least some face of a developer or otherwise. If you want me to help do some due dilligence on specific projects I can help.
You should think about changing your name to lets say "CryptoInterviews", "CryptoResearch" or something. There are not only coins out there. These interviews prove nothing, but at least people could have a better look on the upcoming projects.
August 20, 2016, 07:32:41 AM
I hope icocountdown and some others will help with the due diligence. But perhaps they are profiting from these shit ICO's somehow.
I do alot of due dilligence on projects, I do not like scams you can see interviews with real developers that i do here:
https://www.youtube.com/channel/UCOu5mkF_NczLQzICINvzr9w/videos
You can see my warnings about scams here:
https://medium.com/@icocountdown/
I do vet all the projects on http://icocountdown.com - I don't list anything I think are scams without at least some face of a developer or otherwise. If you want me to help do some due dilligence on specific projects I can help.
August 20, 2016, 03:28:00 AM
I would like to hear some opinions about the Decent project.
August 20, 2016, 03:21:55 AM
There doesn't need to be in fact. You can issue a "coin" with an ICO that could live just as IOU on exchanges without needing a genuine code base or block chain. The same "value mechanism" that gives value to bitcoin and other alt coins can be operational for such "virtual coins": an infinitely recursive belief system.
The only thing that will be harder to accomplish, is to get it "up and running". In order to get the dollar "up and runing" it had to be "backed by gold" in the beginning, so that the initial belief system could confuse dollars and gold. Once the belief system is "booted up" however, the boot launcher (here gold) isn't needed any more, and gold could be scrapped.
Bitcoin undergoes a similar booting up of the belief system (although it is not "backed" in the beginning) of "intrinsic value of block chain". But the more people use it and believe that it has value, the less the "boot loader" is needed.
So in the end, why not have a totally virtual token that doesn't stand for anything, not even a block chain ?
It would make exchanges very rich !
The only thing that will be harder to accomplish, is to get it "up and running". In order to get the dollar "up and runing" it had to be "backed by gold" in the beginning, so that the initial belief system could confuse dollars and gold. Once the belief system is "booted up" however, the boot launcher (here gold) isn't needed any more, and gold could be scrapped.
Bitcoin undergoes a similar booting up of the belief system (although it is not "backed" in the beginning) of "intrinsic value of block chain". But the more people use it and believe that it has value, the less the "boot loader" is needed.
So in the end, why not have a totally virtual token that doesn't stand for anything, not even a block chain ?
It would make exchanges very rich !
August 20, 2016, 01:47:57 AM
If a team is working, has code, has the ability to deliver, isn't working on 4 projects at once I am all ICO's as its a good way to get money in peoples hands to deliver.
I agree with that. We need good coder and programmer for the projects. They also need to be very dedicated.
August 19, 2016, 10:34:55 AM
it depends on many things, the developer and his history, the project itself and many other factors that help you make a decision but in general ICOs are bad and scam. they end up releasing a shit code and end up being one more shitcoin in the market.
that is why for me, the most important thing is the time after the ICO and if they can survive and get big so that i can earn more BTC from dumping it on top or not.
that is why for me, the most important thing is the time after the ICO and if they can survive and get big so that i can earn more BTC from dumping it on top or not.
I invested in Ethereum as I see was nice team and nice visions. Much of today is shit. I see copy projects. I see projects with no codes. I see stupids peoples putting money in even stupider peoples hand.
August 17, 2016, 08:10:54 AM
it depends on many things, the developer and his history, the project itself and many other factors that help you make a decision but in general ICOs are bad and scam. they end up releasing a shit code and end up being one more shitcoin in the market.
that is why for me, the most important thing is the time after the ICO and if they can survive and get big so that i can earn more BTC from dumping it on top or not.
that is why for me, the most important thing is the time after the ICO and if they can survive and get big so that i can earn more BTC from dumping it on top or not.
August 17, 2016, 07:51:39 AM
I hope icocountdown and some others will help with the due diligence. But perhaps they are profiting from these shit ICO's somehow.
August 08, 2016, 04:36:45 AM
Most ICO are unfair... the Dev team deposit/buys with own BTC coins a lot of own project coins. After the ICO they get back their invested BTC coins and their part of the bought project coins. win win situation (a disguised form to obtain the premine as much as possible).
August 08, 2016, 01:45:37 AM
In my opinion ICO or crowdsale if the dev can deliver or he has ready made services or usage of the coin where you can use the coin you purchase right away,then there should be no problem with that particular project,just read the roadmap and who are the team behind it and can they really deliver and what are their experiences from the area that they are promised to bring..
August 07, 2016, 10:22:03 PM
Hey guyz. I been taken time away from cryptos to work on other projects. I know see 100 ICO's and shit developers and most projects with NO CODE to see.
Are we at the top of the bubble when shit scammers can walk away with 1000 btc this easy?
Why not look at projects? Why is all pump and dump?
I see not this shit NXT scam rebrand. Yes I look at code. Not much new just shitty scam marketing.
and this shit Decent with no code. No one cares. All pump and dump. Dont look like real team.
I see 100 ICO's. I now go look and read all code and call scammers.
Are we at the top of the bubble when shit scammers can walk away with 1000 btc this easy?
Why not look at projects? Why is all pump and dump?
I see not this shit NXT scam rebrand. Yes I look at code. Not much new just shitty scam marketing.
and this shit Decent with no code. No one cares. All pump and dump. Dont look like real team.
I see 100 ICO's. I now go look and read all code and call scammers.
I think a lot of ICO scammer "invest" their own Bitcoins to public addresses to create a fake image of investor interest to lure people into their scam.
Some people think that if there are hundreds of coins "invested" than it's safe.
August 07, 2016, 08:50:38 PM
I care that they do. That's why I'm currently supporting ETH and MAID. You can still pick up these coinages relatively cheap so bows a gud time to fill your bags.
Ya but your a fraud...
And anyone can say they were a coder and show some ID.
So bloody what ?
uhh new to earth ?
Try Google dumb fucks.
Start with Berni Madoff & Martha Stewart (YES we knew who they were)
Who has done jail time for similar crimes that happen in Crypto regularly ?
NOBODY !
What does that tell you ?
Listen to "FraudCache" he'll tell you
His comment is dishonest stupid bullshit.
Designed to instill a false sense of security on vulnerable noob "investors"
Like the many guys who think they can PM me here on how to make money from this forum.
I replied back to one guy today.. "I don't know"
Who says you SHOULD be making money from a forum ?
OR.. trust something just because they gave you a name ?
We're not dealing with very bright people in Crypto.
Hell, i doubt most even know what "Crypto" means.
To them it means "profit coinz"
August 07, 2016, 05:12:25 PM
I care that they do. That's why I'm currently supporting ETH and MAID. You can still pick up these coinages relatively cheap so bows a gud time to fill your bags.
August 07, 2016, 03:51:05 PM
@bbc.reporter
Identity means sweet fuck all !
Seeing some little dick heads ID that *could* be forged means a lick of shit.
I don't care who you all are.
Proving your some guy and you "swear" you won't rob us all means what now ?
LOL don't be low hanging crypto-fruit guys
Identity means sweet fuck all !
Seeing some little dick heads ID that *could* be forged means a lick of shit.
I don't care who you all are.
Proving your some guy and you "swear" you won't rob us all means what now ?
LOL don't be low hanging crypto-fruit guys
August 06, 2016, 10:04:24 PM
not if there are no pow phase, without pow phase i see it as a scam and nothing more, notice how every shit non-pow coin, died eventually
and only pow are leading the top position
and only pow are leading the top position
What do you think of zcash's system of paying back investors? It is a POW coin that has miney invested in their development team. Their scheme of paying back investors is that the first 4 years of mining will reward 50 coins and 10% of that will go to the zcash foundation and the other 10% will be to repay the investors. I am not sure about the details but this is what I got from reading their forums.
August 06, 2016, 10:01:02 PM
Projects that obviously have massive amounts of work
and have developers that are not newbies help to sway me.
But, even those can be scams.
I recently invested in Pioneer Shares which gives you a piece of
an exchange which is being developed. I invested primarily because
I trust the developer. Also, took a very small piece of Breakout due to the
work in the ANN. Long term projects so, time will tell.
99% I don't even consider.
Mostly, I just mine.
and have developers that are not newbies help to sway me.
But, even those can be scams.
I recently invested in Pioneer Shares which gives you a piece of
an exchange which is being developed. I invested primarily because
I trust the developer. Also, took a very small piece of Breakout due to the
work in the ANN. Long term projects so, time will tell.
99% I don't even consider.
Mostly, I just mine.
What you said in your 1st paragraph does not compute with your 2nd paragraph. You want proven developers that are doing massive work on their projects. Yet you support Pioneer Shares and Breakout? Those are 2 of the shadiest projects I have heard of.
August 06, 2016, 02:06:56 PM
the question is not that.....
the question is, are you an Ace, a Pro or a Rookie in this game?
This is like real life, a hard worker can gains prosperity if he is good enough, wealthier will be an advantage, dumb people will be dumb people as we see all around everyday....
so please stop the bullshit, this is scam, this is scam, this is scam because of your failure, put yourself togheter n improve your game.
the question is, are you an Ace, a Pro or a Rookie in this game?
This is like real life, a hard worker can gains prosperity if he is good enough, wealthier will be an advantage, dumb people will be dumb people as we see all around everyday....
so please stop the bullshit, this is scam, this is scam, this is scam because of your failure, put yourself togheter n improve your game.
the question is, are you an Ace, a Pro or a Rookie.. OR WHALE in this game?
Whale manipulator trumps all or hell even exchange owners or pool owners or coin devs.
You bottom feeders are on the lower end of the totem pole.
And you would have said that if you knew it. LOL
ICO = SCAM
August 06, 2016, 10:12:28 AM
not if there are no pow phase, without pow phase i see it as a scam and nothing more, notice how every shit non-pow coin, died eventually
and only pow are leading the top position
and only pow are leading the top position
August 06, 2016, 09:58:37 AM
ICO's are bad, but I don't mind crowdsales if the idea behind it is good. If you have your own project, and the money for it, then it's fine to launch it without outside funding and just invest in it. But not everybody can afford that. Bad thing is that in reality most of the ICO's/crowdsales/whatever are being launched for only one reason: fast profit.
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