Topic: How to know if the ICO is scam - page 5. (Read 4516 times)
Well, I have joint the group. hope that I can get some useful information from the team and hope that you guys will analyze everything based on the true, not based on the money. Please do not give use fail information
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
Exactly! a lot of ICO's already done that, you invest a lot of money to it and then it suddenly disappear, that's why it is very risky to invest in ICO nowadays.
See also advocate advisors of advertisers or funders on the ongoing ico project. It may partly recognize a good ICO.
This is so true and good hints. Also, the devs or owners are transparent enough with their project. They nay appear in public so that we know them. Also a good tie up from established company add credibility to the project.
Escrow have been used to know if legit ico's same with it's good to know if the team and devs were easy to ask or cooperative enough for the investor questions. The credibility and feedback should be a anticipated.
Re: Master-P SCAMMER. I lost complete faith in this forum now.
..you were saying ?
I'd be more satisfied with an English language test LOL
Quote
Re: How to know if the ICO is scam
It has the ICO name in it
.
To find scam you need to pay a lot of attention to reports and analysis of the project on such site like https://icoalert.com or same sites.
And of course, you need to read White Paper carefully, know what the technology is behind this project, the team behind this project .
There are lots of scam now, but really great projects and products got an opportunity to be live only by ICO.
And of course, you need to read White Paper carefully, know what the technology is behind this project, the team behind this project .
There are lots of scam now, but really great projects and products got an opportunity to be live only by ICO.
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
That is why escrow exist. I truly love ICOs, they are great way for project to come to life. Without them, Ethereum, Waves and many other great projects would not have come to life !
Crappy website
No team/about tab in the website
You can't find the team member's names, faces, and/or their linkedins
No team/about tab in the website
You can't find the team member's names, faces, and/or their linkedins
All this features you have there are for Noobies scammers who can easily be fished out by those things that are obvious and even someone who is not techie can find out even without too much stress because I have seen several scams carried out that was able to bypass all those and more checks. However, I would say there no sure way to stay away from scams but it can be controlled with being careful and reading the constructive criticisms by reputable members and others with content.
As for me:
No escrow, too much money collected and too many negative discussion on bitcoin forum are main points that I decide not to put my money in.
As for me:
No escrow, too much money collected and too many negative discussion on bitcoin forum are main points that I decide not to put my money in.
Plenty of "known" people steal in crypto.
Mark from GOX ?
Paul from Cryptsy ?
Butters from Ethereum ?
ICO is a scam technique.
It's a crooked unfair scammy method of starting a digital currency (or crypto related scheme)
It is effectively a 100% premined coin.. and would you support that ?
You shouldn't..
Anyone who supports any ICO is a scam supporter.
Mark from GOX ?
Paul from Cryptsy ?
Butters from Ethereum ?
ICO is a scam technique.
It's a crooked unfair scammy method of starting a digital currency (or crypto related scheme)
It is effectively a 100% premined coin.. and would you support that ?
You shouldn't..
Anyone who supports any ICO is a scam supporter.
Well, of course ICOs are a scam and we all know this, but we all also want to buy and flip the scam for 10x profit
Many ico was here in forum and i always read the comment/reply of others, they got a negative feedback for project for participant to have doubt in campaign, I know some of member always do that so it can less the user in campaign and they will gain more profit. I wonder specific info on how to investigate, Yah, We can predict if the project will be success or not by reading the update in thread but how specific we can do to check if its scam or not.
as i know if someone said yobit will be our only exchange that is a surely shit coin haha 
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
Exactly! a lot of ICO's already done that, you invest a lot of money to it and then it suddenly disappear, that's why it is very risky to invest in ICO nowadays.
See also advocate advisors of advertisers or funders on the ongoing ico project. It may partly recognize a good ICO.
This is so true and good hints. Also, the devs or owners are transparent enough with their project. They nay appear in public so that we know them. Also a good tie up from established company add credibility to the project.
Escrow have been used to know if legit ico's same with it's good to know if the team and devs were easy to ask or cooperative enough for the investor questions. The credibility and feedback should be a anticipated.
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
Exactly! a lot of ICO's already done that, you invest a lot of money to it and then it suddenly disappear, that's why it is very risky to invest in ICO nowadays.
See also advocate advisors of advertisers or funders on the ongoing ico project. It may partly recognize a good ICO.
This is so true and good hints. Also, the devs or owners are transparent enough with their project. They nay appear in public so that we know them. Also a good tie up from established company add credibility to the project.
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
Exactly! a lot of ICO's already done that, you invest a lot of money to it and then it suddenly disappear, that's why it is very risky to invest in ICO nowadays.
See also advocate advisors of advertisers or funders on the ongoing ico project. It may partly recognize a good ICO.
Plenty of "known" people steal in crypto.
Mark from GOX ?
Paul from Cryptsy ?
Butters from Ethereum ?
ICO is a scam technique.
It's a crooked unfair scammy method of starting a digital currency (or crypto related scheme)
It is effectively a 100% premined coin.. and would you support that ?
You shouldn't..
Anyone who supports any ICO is a scam supporter.
Mark from GOX ?
Paul from Cryptsy ?
Butters from Ethereum ?
ICO is a scam technique.
It's a crooked unfair scammy method of starting a digital currency (or crypto related scheme)
It is effectively a 100% premined coin.. and would you support that ?
You shouldn't..
Anyone who supports any ICO is a scam supporter.
The best way is to look into the team behind the project and see if they are legit and whether they have known people among them. I also suggest talking to other people in various slacks and here on the forum to find out what other people think.
Join here: http://telegram.me/icocountdown
and discuss ICO due diligence. It has freedom of expression and you can ask the developers directly.
and discuss ICO due diligence. It has freedom of expression and you can ask the developers directly.
Crappy website
No team/about tab in the website
You can't find the team member's names, faces, and/or their linkedins
No team/about tab in the website
You can't find the team member's names, faces, and/or their linkedins
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
Exactly! a lot of ICO's already done that, you invest a lot of money to it and then it suddenly disappear, that's why it is very risky to invest in ICO nowadays.
I for one have seen a lot of attractive ICOs, were it not fot this forum thread, i would probably be thinking i am missing a lot by not investing in any of them... But now i dont feel bad at all... Hehehehe
Let's say it is legit ico but can you know thoughts on founders' mind? maybe they just want to exit by taking your money in any time in the future ?
Exactly! a lot of ICO's already done that, you invest a lot of money to it and then it suddenly disappear, that's why it is very risky to invest in ICO nowadays.
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