Easiest way to stop ICO scam is - page 5.

Yourlover

jr. member

Activity: 74

Merit: 1

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

What you are saying is good buy impossible for no one that has control for the ICO team except themselves. If you want to avoid such thing try to look at first the one that managing the campaign if they are not established member then try to take a look their community and then the white paper. I choose to make it at the last part since good white paper is always depend on the team and the community.

Whybuycrypto

newbie

Activity: 50

Merit: 0

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

If people avoid the ICO and don't invest in it that will solve the problem if they don't raise any money. Also keeping people informed on this forum helps educate everyone to stay away. There is always going to be a risk.

tumokatok

member

Activity: 392

Merit: 10

Quote from: waichi on March 25, 2018, 07:00:01 PM

Stop investing to them.

The best way to stop ICO scams is to research the project before investing and not listen to others. If you get a token directly after the purchase it does not mean that the founder of the ICO project fraud can not just go with your money

Sarastiche

member

Activity: 532

Merit: 10

BITCOIN IS THE CURRENCY OF THE GLOBE

To staop ICO scam do not invest hurriedly, research, observe there social media platform discussion,checkout on the team involve in the ICO, with this you can be sure to reduce/ stop being scam.
Also I hope in the near future we will have ICO regulator in the crypto space, this will sure help stop scammers operation in the space

DrYe5

sr. member

Activity: 490

Merit: 250

Quote from: shahani on March 31, 2018, 08:12:21 PM

Scam is a significant problem in ICO, and the most victims are those new comers in ICO business, because they don't have enough knowledge on how to determine on a group of scammers. And this is my friendly clue to the new comers, if you are planning to enter on the line of ICO business, just ask first to the people around you that already knows about ICO business, like for example if you have a family member whose already accessed and having a very high experience in crypto business, just keep on asking them to avoid scammers.

If you feel consumed by fear after reading the white paper, it is very likely that you have been emotionally manipulated by the wording and structure of the paper. Most likely, the team who wrote the white paper would have been capitalizing on your greed to push you to make the purchase.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

It is impossible to stop it.

I know because i have lived it that you can be wrong.
I have been bombed with red trusts for offering profit in 2015.
Since all my investors have been cashed back with profit.
But even not one redtruster has admited hes error and nowadays I have on my head many readtruts.

With ICO it is even more difficult to know if it is a scam or not.
Many people here do not know that they make more bad than good...in knowlege or not,but they do.

Once you have said something wrong,it is impossible to repair.
For so many people here I be a scammer,just because I got red trusts for wrong reasons.

Sorry,I could be an avenger...But I do not want to fall in the same wrongness...
When it is impossible to say in advance,better is saying nothing.

shahani

jr. member

Activity: 140

Merit: 1

Scam is a significant problem in ICO, and the most victims are those new comers in ICO business, because they don't have enough knowledge on how to determine on a group of scammers. And this is my friendly clue to the new comers, if you are planning to enter on the line of ICO business, just ask first to the people around you that already knows about ICO business, like for example if you have a family member whose already accessed and having a very high experience in crypto business, just keep on asking them to avoid scammers.

labil88

newbie

Activity: 168

Merit: 0

Do a thorough research before investing in any ICo to minimize scam. Check the problem intended to be solved by the project.The best thing people can do as of this moment is do their research and put to heart how to avoid these scams as they are everywhere.

shone08

sr. member

Activity: 602

Merit: 262

Quote from: burdagol12345 on March 31, 2018, 07:14:05 PM

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

The easiest way to stop ICO scam,is first not to invest that kind of hoax project platform,second is to inform all part of your community,or some of your friends who belong in this cryptocurrency bussiness,that you feel something fishy of that ICO project now come out in the market,third is research that kind of project if its legit from the white paper,the staff,road map that all of there presentation is genuine,so otherwise you can find a good ICO if that project is marketable and the community manager is good communicator,so thats why to stop this scam ICO is to filter it and to determine its been a ponzi or legit project.

We cannot really know which ico project can turn to scam since most of them is a promissing one but you have a point in that scenario the best way we can do to stop that kind of project is not to invest meaning we need to check carefully the project detail the team behind them, but in the end its so hard to know the hoax project so everyone must be careful.

florinda0602

member

Activity: 350

Merit: 10

Quote from: almtu on March 26, 2018, 12:43:08 AM

Yes by sending the coins in the wallet is one way to stop the ICO if scam. But I think it is not the best answer for impossible to notice sometimes if one project is scam unless you found out everything whether scam or not scam. To stop ICO if scam is to stop the campaigns. I think this is the best way to do.

I don't think we can stop all the scammers here from doing wrong, because even if we stop one people, there are more will rise up to do the same thing, because they don't think of working in a descent way, they only want easy money.

billknight

jr. member

Activity: 197

Merit: 1

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

If you want to prevent ICO scams, you should first check the ICO's information, check the community and do not click ICO advertised on google.

burdagol12345

member

Activity: 294

Merit: 10

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

The easiest way to stop ICO scam,is first not to invest that kind of hoax project platform,second is to inform all part of your community,or some of your friends who belong in this cryptocurrency bussiness,that you feel something fishy of that ICO project now come out in the market,third is research that kind of project if its legit from the white paper,the staff,road map that all of there presentation is genuine,so otherwise you can find a good ICO if that project is marketable and the community manager is good communicator,so thats why to stop this scam ICO is to filter it and to determine its been a ponzi or legit project.

vickycoin05

member

Activity: 532

Merit: 10

Quote from: almtu on March 26, 2018, 12:43:08 AM

Yes by sending the coins in the wallet is one way to stop the ICO if scam. But I think it is not the best answer for impossible to notice sometimes if one project is scam unless you found out everything whether scam or not scam. To stop ICO if scam is to stop the campaigns. I think this is the best way to do.

Nowadays, scammers are rampant here in cyberworld which we need to ne observant all the time since nit just scammers here but also spammers and hackers. Those ICO which are scam is not easy as what you think. At first it's so promising but after they have already many victims they just suddenly disappeared. Hopefully each of us must aware here in crypto currency community.

almtu

newbie

Activity: 140

Merit: 0

Yes by sending the coins in the wallet is one way to stop the ICO if scam. But I think it is not the best answer for impossible to notice sometimes if one project is scam unless you found out everything whether scam or not scam. To stop ICO if scam is to stop the campaigns. I think this is the best way to do.

Makrochain

newbie

Activity: 130

Merit: 0

This means users will not be reimbursed if something were to go wrong. So, to at least to minimize the chance of getting scammed we should thoroughly give ourselves a time to take a deep research. There is lots of people doing scamming professionally neither KYC or sending directly to ethereum address doesn’t dolve proble but there is lots of ico managing platforms like kickico or comsa still some new projects

ducphucmmo

member

Activity: 168

Merit: 11

Now have many scam ICOs send their coins after you invest making you not worry that they are not scam but in the end their coins does not have value. scammer today are knowledgeable and educated and they do everything just to scam others. the best way to avoid ICO scam is to research every detail you can gather and ask others about their opinion and research too

strongwarrior238

member

Activity: 294

Merit: 10

Only thing that can stop these ICO scams is a regulation which is impossible because most of the people using cryptocurrencies want decentralization in our system,if there will be regulation its like becoming a centralized offering which isnt healthy in our decentralized market,either way you can have a lot of time to do some research if you are really into this ICO investment

jemuyugo

newbie

Activity: 14

Merit: 0

I think KYC is a way to prove where the investment is coming from, but quite a few investors are willing to provide personal data to ICO developers.

samward

full member

Activity: 364

Merit: 100

Only for checking credibility and reputation through social medias and especially Telegram channels of course. Good ICOs have many active members on their social communities. So, u could tell the difference, scam ICOs have no good social communities...

Vektrum

member

Activity: 420

Merit: 14

Quote from: caloriecoin on February 03, 2018, 10:20:52 PM

Let ICO holders automatically send coins to your Ethereum wallet just after receiving your Ethereum

Just like, betrium.co is doing.

KYC is really useless for crypto currency traders.

I understand that you suggest, in order to avoid fraud from the ICO team, that they list tokens to signatory campaign participants immediately after they joined the ICO campaign and provided their wallet addresses? Then the participants in the signature campaign will cheat. What will prevent them from leaving the ICO campaign immediately after receiving the tokens, and failing to fulfill their obligations? No, this option is not suitable, it is also not ideal. In my opinion, all the same, it is necessary to regulate the ICO by state bodies or a recognized public organization.

Topic: Easiest way to stop ICO scam is - page 5. (Read 1049 times)