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Topic: How to make a 100,000$ with an ICO - page 5. (Read 15624 times)

full member
Activity: 218
Merit: 100
July 02, 2016, 06:01:47 PM
#30
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop

I blame the investors. People wouldn't try these shameless cash grabs if they didn't smell blood in the water. And this is because we have literal children that can't spell due diligence investing in these assets. The SEC has a purpose, if this sphere were regulated, people wouldn't even be able to advertise some of this stuff.

I think its a 2 way game

1. Sometimes investors hype projects intentionally with the intention of an early exit making younger, new investors take losses
2. Devs hype exceedingly making Investors take a loss.

While am anti-regulation (personally) - It'd be interesting to see if smart contracts and other innovation on the blockchain can help curb some of the embezzlement occuring in the ecosystem atm.
hero member
Activity: 826
Merit: 1000
July 02, 2016, 12:33:10 PM
#29
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop
It didnt start with ether,  it has been happening for years now.  Most altcoins serve no purpose other than a pump and dump profit for early investors. More people are starting to see that now.
legendary
Activity: 3234
Merit: 1055
July 02, 2016, 10:19:00 AM
#28
How can you explain the RISE team, they do have photos, linkedin profiles and one of the team named Alty had once been involved with Cloak Coin, which up to now it circulates and somehow got good value as well. They're the only team i've seen showing faces really. Lisk, waves, Dlisk did show only one person as the lead dev.
legendary
Activity: 1148
Merit: 1048
July 02, 2016, 09:47:08 AM
#27
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop

I blame the investors. People wouldn't try these shameless cash grabs if they didn't smell blood in the water. And this is because we have literal children that can't spell due diligence investing in these assets. The SEC has a purpose, if this sphere were regulated, people wouldn't even be able to advertise some of this stuff.
legendary
Activity: 1901
Merit: 1024
July 02, 2016, 08:27:28 AM
#26
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop
hero member
Activity: 717
Merit: 501
July 02, 2016, 05:23:04 AM
#25
I don't want to veer too far off topic but Wink

I did get a PM way back from a guy saying he was crowd funding a hit on me basically.
Not sure how much money he raised or how serious he was but he ONLY asked for Bitcoin.
Too bad.. he could have got more if he accepted various shitcoins ROFL
I have posted it around crypto a few times.. http://pastebin.com/sDV6rWiB

But.. I am still here  Cool

But i raised a good point no ?
Since the stakes have gone far higher and now we have super millionaires making scammy ICO's with billion dollar cap's maybe they will start murdering FUD'ers ?

To them i say.. you can't stop me, i will FUD from the grave !

If Monero (Risto) and Ethereum (Butterin) pool their money together who knows what they could accomplish Wink

never give up be strong
make fud stronger
they become weaker
is ingredient of being
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
July 02, 2016, 01:38:42 AM
#24
I don't want to veer too far off topic but Wink

I did get a PM way back from a guy saying he was crowd funding a hit on me basically.
Not sure how much money he raised or how serious he was but he ONLY asked for Bitcoin.
Too bad.. he could have got more if he accepted various shitcoins ROFL
I have posted it around crypto a few times.. http://pastebin.com/sDV6rWiB

But.. I am still here  Cool

But i raised a good point no ?
Since the stakes have gone far higher and now we have super millionaires making scammy ICO's with billion dollar cap's maybe they will start murdering FUD'ers ?

To them i say.. you can't stop me, i will FUD from the grave !

If Monero (Risto) and Ethereum (Butterin) pool their money together who knows what they could accomplish Wink
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
July 02, 2016, 01:29:50 AM
#23
Where can I read on what makes Litecoin better than Bitcoin ? (other than fast tx conf and a different distribution)

I wouldn't describe it is as being better but it can serve well as a "secondary" blockchain (and IMO that is a sensible thing to have).

Although the only main difference is the use of Scrypt vs. SHA256 software glitches such as the one that led to the 2013 forking issue might be avoided if such changes were live tested on the smaller (but still economically significant) alternative.

That being said if it diverges too much from the Bitcoin code then such testing might become either impossible or much less useful.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
July 02, 2016, 01:26:04 AM
#22
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  Cheesy

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that Wink

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  Cool


Hahaha, I only take USD, Bitcoin, and Litecoin  Wink


Only from Eth/Monero? Hell I've got paycoin/Eth/some Bitcoin on me (which could increase in the future if these morons dont increase blocksize to 2MB).

In either case I wouldnt want to be you  Cheesy

Where can I read on what makes Litecoin better than Bitcoin ? (other than fast tx conf and a different distribution)


Well...funny thing is that up until this point we have promoted Litecoin as a compliment to Bitcoin. We (we = the LA and core team) recognize that Bitcoin has been tried and true, and Litecoin follows Bitcoin in terms of best representing the original ideals and ethos that Satoshi laid out, which was financial freedom. However with the block size debate, the Litecoin team disagrees with both sides on how to handle increase usage worldwide, and we plan to work towards that. Hence my recent tweet.

Quote
https://twitter.com/TheRealMage/status/748747177384562688

Remember #Litecoin will always have the these requirements 1. Stable 2. Secure 3. Utilized as an alternate payment method 4. Scale as needed


In addition (without going down a diatribe), the requirement of "Utilized as an alternate payment method" is not defined for Bitcoin now with the current group of developers. This has a significant impact on the vision and future development for Bitcoin.

Honestly, I can care less if people decide to "invest" in Litecoin. I dont work with the LA to have people invest in Litecoin, I do it to have people utilize Litecoin as a payment method.

We are going to release a road map Sunday on the future of the LA and core development, you should check it out!


EDIT: Typos
full member
Activity: 218
Merit: 100
July 02, 2016, 01:08:55 AM
#21
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  Cheesy

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that Wink

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  Cool


Hahaha, I only take USD, Bitcoin, and Litecoin  Wink


Only from Eth/Monero? Hell I've got paycoin/Eth/some Bitcoin on me (which could increase in the future if these morons dont increase blocksize to 2MB).

In either case I wouldnt want to be you  Cheesy

Where can I read on what makes Litecoin better than Bitcoin ? (other than fast tx conf and a different distribution)
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
July 02, 2016, 01:06:47 AM
#20
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  Cheesy

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that Wink

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  Cool


Hahaha, I only take USD, Bitcoin, and Litecoin  Wink


Only from Eth/Monero? Hell I've got paycoin/Eth/some Bitcoin on me (which could increase in the future if these morons dont increase blocksize to 2MB).

In either case I wouldnt want to be you  Cheesy
full member
Activity: 218
Merit: 100
July 02, 2016, 12:53:56 AM
#19
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  Cheesy

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that Wink

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  Cool

To be honest, am just waiting for the shills to begin attacking these threads too.
Pretty sure I have attracted some hate with these threads.
I had a few hit me up on skype saying I am "begging" since I have been seeking employment and donations.


Glad I could contribute in some way Smiley


Really.. This is a good article and very useful...
Thanks #Cryptor0th...

You are welcome. Glad you enjoyed reading it.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
July 02, 2016, 12:38:44 AM
#18
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  Cheesy

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that Wink

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  Cool
sr. member
Activity: 658
Merit: 251
July 02, 2016, 12:28:14 AM
#17
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
July 02, 2016, 12:24:23 AM
#16
Oh god that's a revelation  Grin
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.


The sad part is legitimate businesses in the ecosystem could clearly make ROI's that far exceed bank interest rates.
However the "hustlers' here don't understand the value of long term gratification, effort and god damn common sense.



Which is exactly why I work with Litecoin Smiley
full member
Activity: 218
Merit: 100
July 02, 2016, 12:21:57 AM
#15
Oh god that's a revelation  Grin
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.


The sad part is legitimate businesses in the ecosystem could clearly make ROI's that far exceed bank interest rates.
However the "hustlers' here don't understand the value of long term gratification, effort and god damn common sense.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
July 01, 2016, 11:54:45 PM
#14
Oh god that's a revelation  Grin
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.
legendary
Activity: 3234
Merit: 1055
July 01, 2016, 11:44:42 PM
#13
Oh god that's a revelation  Grin
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.

hero member
Activity: 812
Merit: 1000
Litecoin Association Director
July 01, 2016, 11:32:52 PM
#12
WTS account, I bet I could get $100k with my name  Grin



In all seriousness this is all very true. I've seen many projects come and go over the years, and I would have to say sadly ive seen this trend too. To the point where unless an alt masses such attention and then a subsequent monumental clusterfuck which harms us all I dont even pay attention (Paycoin, Etherium).

There are a lot of coins out there that have proven themselves, and seem to be in it for the long haul. And even those involved in the coin that I personally know and call friends dont do it because they want to make money, but rather do it for the love of cryptos.

The worse part is those devs who dont do it for money, make great products, and get drowned out by this ICO noise.
full member
Activity: 218
Merit: 100
July 01, 2016, 10:19:44 PM
#11
$100,000 , one hundred thousond dollar capital is very much very high capital use only coin ICO
and realy plan one hundred thousand only buy coin ico is crazy

If you really study the nature of ICO's here you will see a few trends

1. A large number of ICO's in the sub 500k range
2. A few ICO's in the post million dollar range.

The first approach does happen and it occurs often because

1. It offers anonymity to those behind these projects. Although it can be a force for good, in a large number of cases its been misused.
2. It keeps the game under the radar of regulatory bodies.

This approach is one where ICO's occur repeatedly every few months.
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