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Topic: How to stop ICO ? - page 8. (Read 1889 times)

member
Activity: 64
Merit: 10
to the moon
November 23, 2017, 04:16:17 AM
too many altcoins. like airdrops are popping every hour. this will create confusion and FUD.
member
Activity: 238
Merit: 10
The Experience Layer of the Decentralized Internet
November 23, 2017, 04:14:28 AM
Even if 99 percent of the ICO projects fail, you can be rewarded fairly well as long as you hit that 1 percent ICO project, so it's worth taking a chance.
hero member
Activity: 994
Merit: 502
November 23, 2017, 04:08:07 AM
There is no need of an stopping to the ICO. These were the elements of funding startup and very few get initiated with the plan of scamming investors. In my view ico can be regulated, but there is nothing wrong taking place to stop it. As the upcoming generation grows with technology these will serve as an support system.
full member
Activity: 196
Merit: 100
November 23, 2017, 04:03:32 AM
I agree that many ICOs are a scam, this is why everytime somebody invests they should investigate the project and identify if what they are saying is feasible & true.

You should read beneath the lines.

But even in that case, I don't believe that all ICO's are fake since a lot of them are actually working on a product.
sr. member
Activity: 353
Merit: 250
Zichain
November 23, 2017, 03:59:33 AM
Crypto currency is quite an attractive currency for the illegal world. There are a lot of charlatans here! When you can not go to a bank or to a stock exchange, gray schemes can be applied here.
full member
Activity: 392
Merit: 105
November 23, 2017, 03:14:55 AM
It is true that at present ICOs seem to be the trending business due to the legal laxity that there is still in this respect, but in essence they are not necessarily a bad business concept, because can offer really interesting services and good opportunity to make money, however I think that we as users should be the main responsible when choosing a project in which to invest. As soon as we see a sign of scam, it is better to refrain from investing and continue our search among the multiple options that emerge daily.
full member
Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
November 21, 2017, 08:26:41 AM
Why do you want to stop it. Just don’t invest in it. That’s all. Many people like such risky way of earning money. They have the right to do it. It is only necessary to pay attention to the project which is sponsored.

In your question it looks like you want to stop an ICO?am i right? But Why? Many people want to invest in ICO, this is one of their way to earn, if you don't want to invest then don't invest as simple as that.
newbie
Activity: 42
Merit: 0
November 21, 2017, 07:55:39 AM
Its not possible to stop ICO. It up to individuals if they want to invest in it, if there wasn't a huge market for it with people continuing to invest then people would stop creating ICOs. Comes down to supply and demand
full member
Activity: 504
Merit: 100
November 21, 2017, 04:38:54 AM
Why do you want to stop it. Just don’t invest in it. That’s all. Many people like such risky way of earning money. They have the right to do it. It is only necessary to pay attention to the project which is sponsored.
full member
Activity: 273
Merit: 100
November 20, 2017, 09:36:31 PM
the truth is ICO will become some day a rather standard method of funding. These abnormal profits of ICOS tokens seen in recent period resulted from the overhype.
@phantasma19 is right, they become less popular if demand decreased, but I strongly believe the concept will never die.  

During last several weeks have read and posted a lot about ICO and here is the opinion which sounds most reliable for me personally. If we want to regulate ICOs then there are hell lot of questions because a lot of ICOs putting effort in same direction. In fact during last several years I see more and more specific competitions between new projects and that's normal. If we shall have let's imagine governmental regulation for that, they can simply give the license to the representatives of fat cat and hold off perspective young newcomers. Still some countries, for my mind, with the very good developed competition and business infrastructure can apply some sort of centralized normative to several specific types of ICO. Some countries will ban it absolutely like China did. But the case of China is not ordinary country. You know that in some countries casino are allowed in some not. In some they are allowed only for foreign citizens (such an insidiousness). Also here we shall not see equal decision from different countries. But still - ICO really will become standard procedure for funding business projects in sphere of financial innovations and blockchain technologies.     

ICOs are already slowly being stopped because regulators made public statements and they even provided framework for businesses to start legal ICOs. SAFTs is what they're called and it's one big load of bullshit, so what is even better scam wise are forkcoins where they literally copy the Bitcoin code and fork from it by adding a couple tweaks here and there to the source code.
sr. member
Activity: 308
Merit: 250
November 20, 2017, 08:59:19 PM
#99
Hopefully the community will do it's due diligence and weed out the bad ones over time.
sr. member
Activity: 812
Merit: 250
November 20, 2017, 08:22:53 PM
#98
For bounty Hunter it's not a big deal. and the more ICO the more work for them.
The opportunity to earn extra money is getting bigger. If ICO fails it's a common thing they easily find another project.
full member
Activity: 154
Merit: 100
November 20, 2017, 07:39:00 PM
#97
We definitely cannot stop ICO, it is every developers right to create a new currency that they believe would benefit the community.
full member
Activity: 395
Merit: 129
November 20, 2017, 07:37:47 PM
#96
Why would you want to stop ICOs? And why would you say they are failures? Give them time to develop their project, what the hell!
The only airdrop failure is for ICO flippers. ICOs don't produce 10X returns in one week any more. And that's GOOD.
full member
Activity: 490
Merit: 102
November 20, 2017, 07:36:27 PM
#95
In my opinion. The quality and consistent ICO of the project is the ICO that has good quality consistency of all the teams in the ICO. There should be a Rule that can filter ICO well. so ICO that there is only really good quality ICO.

Barely it is possible. As it was told many times 95% of businesses in real world crash within the first year. Why ICO must be something different? Nobody can give you guarantee of success except yourself and your feelings. Why do you think there still no such things like "Movement of Betrayed ICO Investors" and so on? Because nearly every person understand inside "yes I did not read this whitepaper, yes I did not extrapolate this service into real life, I did not read about this, I did not make personal investigation about the ICO I was investing in, well al least I did not hear myself". Some enormous successes which are natural to the fresh appeared industry as this on blockchain tech would bring many magical benefits and pathetic losses also, so some initial cases made public believe that 1000% profit in 80% cases is normal. No it is not.
Also even centralized control will not protect people from talented criminals like Madoff.    
full member
Activity: 133
Merit: 103
The Experience Layer of the Decentralized Internet
November 20, 2017, 07:33:54 PM
#94
In my opinion. The quality and consistent ICO of the project is the ICO that has good quality consistency of all the teams in the ICO. There should be a Rule that can filter ICO well. so ICO that there is only really good quality ICO.
Yes, i think regulation for ICO is necessary to stop ICO scams, But real valuable projects should grow up.
sr. member
Activity: 308
Merit: 250
November 20, 2017, 07:24:05 PM
#93
In my opinion. The quality and consistent ICO of the project is the ICO that has good quality consistency of all the teams in the ICO. There should be a Rule that can filter ICO well. so ICO that there is only really good quality ICO.
There's too many coins that are being built because they just want people to keep hyping the coin while the coin is not ready for exchanging, once the coin is launched there will be a large wave of investors ready to throw money at the coin.
full member
Activity: 307
Merit: 119
November 20, 2017, 07:21:43 PM
#92
In my opinion. The quality and consistent ICO of the project is the ICO that has good quality consistency of all the teams in the ICO. There should be a Rule that can filter ICO well. so ICO that there is only really good quality ICO.
full member
Activity: 490
Merit: 102
November 20, 2017, 06:54:56 PM
#91
the truth is ICO will become some day a rather standard method of funding. These abnormal profits of ICOS tokens seen in recent period resulted from the overhype.
@phantasma19 is right, they become less popular if demand decreased, but I strongly believe the concept will never die.  

During last several weeks have read and posted a lot about ICO and here is the opinion which sounds most reliable for me personally. If we want to regulate ICOs then there are hell lot of questions because a lot of ICOs putting effort in same direction. In fact during last several years I see more and more specific competitions between new projects and that's normal. If we shall have let's imagine governmental regulation for that, they can simply give the license to the representatives of fat cat and hold off perspective young newcomers. Still some countries, for my mind, with the very good developed competition and business infrastructure can apply some sort of centralized normative to several specific types of ICO. Some countries will ban it absolutely like China did. But the case of China is not ordinary country. You know that in some countries casino are allowed in some not. In some they are allowed only for foreign citizens (such an insidiousness). Also here we shall not see equal decision from different countries. But still - ICO really will become standard procedure for funding business projects in sphere of financial innovations and blockchain technologies.     
full member
Activity: 168
Merit: 104
November 20, 2017, 05:51:51 PM
#90
the truth is ICO will become some day a rather standard method of funding. These abnormal profits of ICOS tokens seen in recent period resulted from the overhype.
@phantasma19 is right, they become less popular if demand decreased, but I strongly believe the concept will never die.  
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