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Topic: How to detect a scam ICO? - page 10. (Read 2513 times)

hero member
Activity: 900
Merit: 500
September 29, 2017, 03:58:12 PM
#15
How to detect a scam ICO?

teams and projects are vital in choosing ICO. so sometimes ICO is very visible scam if the team that manages the ICO is not well known and less known people. the subject matter also becomes important, by looking at their project and the allocation of funds, we can predict whether the project will be a scam or not.
full member
Activity: 322
Merit: 100
The All-in-One Cryptocurrency Exchange
September 29, 2017, 03:54:17 PM
#14
There are a lot of nuances in this case. But the most important thing is to check the project team
sr. member
Activity: 266
Merit: 251
DIW - Security Decentralized,Life Revolutionized
September 29, 2017, 03:52:10 PM
#13
I think there is always a risk. I honestly do not understand how to establish the authenticity of the team? Social networks? And in social networks, do you always point out your true data?
newbie
Activity: 30
Merit: 0
September 29, 2017, 03:35:30 PM
#12
without initial business development, I think ICOs are just speculation and that is why these coins are so risky
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
September 29, 2017, 03:28:26 PM
#11
Just check if it has ICO in the name or anywhere else.

Hehehe but some really gained a lot of value!

Yes, but it's just pure gambling and greed.

If you buy put like lets say 1000 dollar in 100 different coins! You only look for the one under 10 cent! maybe some will reach 1 dollar or even 10 dollar value. Its not pure gambling its taking your changes!

So... it's gambling.
full member
Activity: 310
Merit: 102
JACS.tech
September 29, 2017, 01:52:46 PM
#10
How to detect a scam ICO?
From the combination of the team members' profiles/Bios as well as its White Paper (you will easily feel if it's genuine or it's just produced via 'copy-paste' from other WPs)
member
Activity: 109
Merit: 10
September 29, 2017, 01:50:25 PM
#9
Very very hard nowadays to spot bad ICOs, because some are straight up scams that run with your money while others are disguised scams were all those "incredible teams" sit behind those projects giving that weekly or monthly update with nothing to show while they are drinking beer in their office. Months and months pass and they show 0, initial investors drop but new ones come to fuel this cicle.
sr. member
Activity: 262
Merit: 250
September 29, 2017, 01:37:39 PM
#8
Just check if it has ICO in the name or anywhere else.

Hehehe but some really gained a lot of value!

Yes, but it's just pure gambling and greed.

If you buy put like lets say 1000 dollar in 100 different coins! You only look for the one under 10 cent! maybe some will reach 1 dollar or even 10 dollar value. Its not pure gambling its taking your changes!
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
September 29, 2017, 01:27:34 PM
#7
Just check if it has ICO in the name or anywhere else.

Hehehe but some really gained a lot of value!

Yes, but it's just pure gambling and greed.
sr. member
Activity: 262
Merit: 250
September 29, 2017, 01:23:31 PM
#6
Just check if it has ICO in the name or anywhere else.

Hehehe but some really gained a lot of value!
member
Activity: 85
Merit: 10
September 29, 2017, 01:21:01 PM
#5
There is no such a thing, nobody can tell the future, what you can do is some research and asses the risk / return of the project. Is bitcoin scam because you know nothing about Satoshi Nakamoto ?
member
Activity: 143
Merit: 10
September 29, 2017, 01:17:09 PM
#4
My way, search for the team in google. Check their linked in/twitter profile to know whether they are really linked to the project or are just stolen photos.
hero member
Activity: 770
Merit: 500
September 29, 2017, 01:13:43 PM
#3
You should always look up all of the members on the team and see if they really exist and have the experience they claim they have.  I always avoid ICO's with an anonymous team since it's just too risky even though it's not necessarily means it's a scam. 
legendary
Activity: 2002
Merit: 1051
ICO? Not even once.
September 29, 2017, 01:08:47 PM
#2
Just check if it has ICO in the name or anywhere else.
sr. member
Activity: 262
Merit: 250
September 29, 2017, 12:57:45 PM
#1
How to detect a scam ICO?
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