Don't be too quick to judge ICOs - page 14.

MonsterV

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Quote from: Seeker#9 on June 22, 2019, 12:58:44 AM

It might be the effect of last year's bear market situation is the reason why some of the ICOs turned to scam or unsuccessful in their launching. Some ICOs might still reeling in the effect of last year's bearmarket because the price of their token is still below its original ICO price. To avoid being scammed by these fake ICOs, do your own research first to find the real one. ICOs this year might have a big chance to succeed because of favorable market condition.

Yes, a little effect from the bear market last year, but more is used by scammers to reap profits. Although some are not afraid, the ICO project may not be able to survive the bad market conditions at that time.
At least this year the situation has improved with the existence of a bitcoin pump and the launch of the IEO as an alternative to ICO.

DainSLane

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There are some people who are already judging that the ICO are scam maybe there is few of them but not at all because i am still getting profit from the ICO maybe it all depends of your strategy on how you find good ICO to earn profit.

tetyulfania

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Some ICO need more than one year for listing on exchange market, you can quick to judge an ICOs project because they always need time for listing their coins on exchange market with good price.

agatha90

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But most ICO ends scam! Since the price of bitcoin is down in 2018, some ico are not successful in sales. Then they are not responsible for investor money. They disappear! And the successful ico even the price of their coins does not match the predictions (the price of ico) all into coins does not mean anything. Until now, I do not believe that Iico makes business more profitable!

jarhed

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Quote from: sijonru on June 23, 2019, 04:09:36 AM

Quote from: Seeker#9 on June 22, 2019, 12:58:44 AM

It might be the effect of last year's bear market situation is the reason why some of the ICOs turned to scam or unsuccessful in their launching. Some ICOs might still reeling in the effect of last year's bearmarket because the price of their token is still below its original ICO price. To avoid being scammed by these fake ICOs, do your own research first to find the real one. ICOs this year might have a big chance to succeed because of favorable market condition.

That's right, I agree with your opinion. Don't judge the ICO too quickly, because there are still many ICOs who are professional and pay their workers well.
Because fraud is not only an ICO project monopoly, but it is everywhere, it is better for us to filter information from reliable and experienced sources so that we are not trapped in fraudulent projects.

In 2017, I invested in new cryptocurrency projects, making a profit of 70-80%. I expect this year the revival of investments in ICO project.

sijonru

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Quote from: Seeker#9 on June 22, 2019, 12:58:44 AM

It might be the effect of last year's bear market situation is the reason why some of the ICOs turned to scam or unsuccessful in their launching. Some ICOs might still reeling in the effect of last year's bearmarket because the price of their token is still below its original ICO price. To avoid being scammed by these fake ICOs, do your own research first to find the real one. ICOs this year might have a big chance to succeed because of favorable market condition.

That's right, I agree with your opinion. Don't judge the ICO too quickly, because there are still many ICOs who are professional and pay their workers well.
Because fraud is not only an ICO project monopoly, but it is everywhere, it is better for us to filter information from reliable and experienced sources so that we are not trapped in fraudulent projects.

spydee1522

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If a project is written off as a scam during the ICO or the fact that most are classified as scam does not mean all ICO projects are scam. There are real ICO projects out there but it can only be realized or found when a quick but strong research is made. There are indeed real projects out there but the lazy can't find them.

babysweetTiger0401

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Quote from: pelumi20 on May 31, 2019, 10:13:37 AM

I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.

This is so sad because there are lot of people hate ICO now because of what happened last 2018. And I can't blame them due to they've loss a lot of capital. But they had forgotten something which is as an investors We should know that in every investment in the ico there is risk, no one force them to buy or in it. Instead, it is a matter of choice and we knew that all, right?

Metall303

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Quote from: marcbitcoins on June 22, 2019, 02:33:12 AM

Where did you get this 99% statistics in which ICO is scam? The figure is very high compared to all ICOs that successfully listed in CMC which is more than 1% of your given baseline and we should considered an certain ICO is a scam if they run our hard earned money but not because of their poor token sales.

Well, maybe 99 percent is too much, but the real figure is 85-90 percent. only a very small part of new projects lists into CMC

royalfestus

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There is a level of distraction with most IEOs, they have already had a private sale at different level before getting of IEO. It is distracting to think there are no more ICOs that they just went to IEO. big Investors are still the one eating the large portion of this cake and dont let us be deceived. Get rich in this space and make friends with those that move the space, then u eat on their table with them.

Anatolich

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I agree that it is one thing to create a good project as it is difficult to open a business, but then the adoption should be at the right level.

marcbitcoins

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Where did you get this 99% statistics in which ICO is scam? The figure is very high compared to all ICOs that successfully listed in CMC which is more than 1% of your given baseline and we should considered an certain ICO is a scam if they run our hard earned money but not because of their poor token sales.

mammoniter

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Quote from: pelumi20 on May 31, 2019, 10:13:37 AM

I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.

Thats a good point. Obviously the 99% thing is exaggeration. The point is majority of ICOs are scam but not all of them. When an ICO failed, it doesn't mean its scam. Sometimes the idea and the project itself are good but there are no support from the investors. That's why its called ICO, it means they are trying to raise fund for their project. When they return the fund to the investor, its not a scam. The other way around, thats a scam.

florac9

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Yes not all ICO are scam just because they fail, you won't know what the result will be until you try so same goes for developers too ,to be on safer side I think its best to invest in projects that the teams are pro so that they can easily deal with any negative situations

Jose Mourinho

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The trend of collecting money from ICO is still happening now and I'm sure it will continue to happen in the future, no strict regulations make it possible for anyone to make coins or tokens and usually they collect money with ICO.

nik009

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ICOs are always profitable for their creators because they can develop a project or not, but they have already received funding from investors...
control issues over the use of the funds, there is nobody holding them back from financial freedom, that is why there was a huge amount of fraud in 2018.

Seeker#9

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It might be the effect of last year's bear market situation is the reason why some of the ICOs turned to scam or unsuccessful in their launching. Some ICOs might still reeling in the effect of last year's bearmarket because the price of their token is still below its original ICO price. To avoid being scammed by these fake ICOs, do your own research first to find the real one. ICOs this year might have a big chance to succeed because of favorable market condition.

Samboo

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I also do not believe that over 90 percent of new ICOs are scam. But I obviously believe in its implication that the market has also fake ICOs and we, investors and bounty hunters should stay alert lest we should be scammed. To address this issue, we should be extra cautious that we must research extensively before going for them.

zzortyx

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Perhaps this is due to the effect of oversaturation of the ICO sphere. Of course not all ICO projects that fail are a Scam. But only a few can be really successful.

CryptoTech_

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it is true that 99% maybe now 99.9% ICO fails and does not mean scam, they fail for various reasons, one of which is lack of marketing, maybe out there many good ICO projects fail but because of poor marketing they fail

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