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Topic: How we can stop scam ICOs lanching? - page 12. (Read 1406 times)

newbie
Activity: 252
Merit: 0
June 06, 2018, 06:57:16 AM
People are too focus on making money without even making any effort on knowing more about the market. We cannot not stop ICO's from launching since we don't know yet if it’s a scam or not. We should educate people now on and tell them how the market works.They need to know the proper knowledge before they are going to invest .
newbie
Activity: 280
Merit: 0
June 06, 2018, 06:12:29 AM
The main feature of the market of crypto currency is that it runs on the basis of decentralization. It has no central authority to regulate the market. Since the market is decentralized, it is not possible to stop scam coins from launching in ICO. Moreover it is also difficult to recognize coin as scam until it comes to the ICO.
newbie
Activity: 111
Merit: 0
June 06, 2018, 04:11:55 AM
We can't stop scam ICO project  launching because we don't know that which project will scam or which project will hit. A newbie must aware investing in ico project . First they need to know how to analysis an ico project. We need to collect scammed ico project owner information so that they can't launch new project. If they launch then we will know that him/his project will scam.
newbie
Activity: 252
Merit: 0
June 05, 2018, 11:38:30 AM
It would be difficult to stop the scammy ICO’s. More rules and regulations are needed to be made for that. The people need to study more before investing on any ICO.
staff
Activity: 3206
Merit: 575
Join the world-leading crypto sportsbook NOW!
June 05, 2018, 08:35:07 AM
I don't think it would be possible to stop ICOs projects from launching into the market, the only way for investors to prevent themselves from getting scam is to analyze whether the project is legit or a scam from the start by putting some of their efforts and time to research the main purpose of the project, the usage of the tokens and the team members who are developing the ERC 20 tokens.
member
Activity: 392
Merit: 10
June 05, 2018, 08:28:20 AM
Let's think together, because the scammers are focused solely on how to tear off our money. They don't think about the project. If we carefully choose the projects, then there will be less scammers. But people are literally obsessed with profits and in most cases do not even read the white paper of the project, trusting the unverified ICO ratings, not understanding that everything in our life is sold.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
June 05, 2018, 08:15:00 AM
I think we should protect to issue scam ICOs in the crypto market. It creates misconception between new user and about market. What you think?

First of all, it is extremely difficult to differentiate between a regular ICO and a scam ICO in the beginning. Only when the ICO ends, we will be sure about that. But if someone notices that scammers are among the ICO promoters, then definitely we can take action against that ICO.
full member
Activity: 294
Merit: 100
June 05, 2018, 08:13:46 AM
How?)What a question Shocked

Just don`t invest in such projects, be a smart man and check carefully all projects,I don`t think it`s too difficult:)What about scams, we need 2 or 3 years and market`ll kick off all suspicious projects.We saw the same situation in internet market during 2000s
full member
Activity: 364
Merit: 138
dApps Development Automation Platform
June 05, 2018, 08:11:21 AM
Hardly we can directly stop the launch of the scam ICOs atm, but at least we can try to minimize the possibility of successful fundraising by such "projects", more closely researching these "projects" and not supporting those who cause suspicion. This is especially true of the PR sector and the bounty participants in particular, who often support everyone in a row, the ones spreading shit and scam around the world and complicating the choice of investors, especially newbies. If everyone, when choosing a project for investment and\or contribution, will be literally a little more careful and more conscious, the whole ecosystem will benefit from this and each of its participants especially. In fact, it's not difficult not to support shit and scam Roll Eyes

But in general, of course there are more eco-systemic and technological solutions that can almost completely eliminate this problem and I am sure they will be implemented from time to time. And I don't mean regulation by the states.
newbie
Activity: 116
Merit: 0
June 05, 2018, 06:12:35 AM
I think we should protect to issue scam ICOs in the crypto market. It creates misconception between new user and about market. What you think?

You can't stop launching scam ICO? You can't stop people who are greedy, who wants earn money easily by scamming people who trust in them.. We can only do is to do effort to research about the project we want to invest..
newbie
Activity: 110
Merit: 0
June 05, 2018, 06:08:24 AM
I think there needs to be some sort of regulation that governs the production of the new ICO, but it's all. There must also be some kind of group that can make the team of developers and coin-makers meet before they can introduce new coins to the market, because I feel the same worries as others , ico scam becomes a problem that makes it negative on development.
member
Activity: 210
Merit: 10
June 04, 2018, 03:20:59 PM
For this it is necessary that all ICO projects have a license to conduct investment charges. Therefore, the state should take appropriate measures as soon as possible

Good idea! But ICO are produced in different countries and it is difficult to implement it. But we have to come to this in the end!
member
Activity: 896
Merit: 10
June 04, 2018, 03:49:21 AM
I think we should protect to issue scam ICOs in the crypto market. It creates misconception between new user and about market. What you think?

Definitely who does not want to be be in scam free world. Additionally we are talking about crypto market now. I believe that when the scam is reduce in the crypto market countries government rules and regulation will be more lenient on crypto  trading, crypto user like you and mewill be more at ease when we trade eth or any coins. If the traders are more knowledgeable in choosing an ico to invest, slowly after sometime ICO scams should be lesser. As crypto trading is a very lucrative and scams evolve is a normal thing. I believe we only can reduce the number and not totally. 
newbie
Activity: 164
Merit: 0
June 04, 2018, 03:30:13 AM
It's hard to stop something that's so widely known now. You can only educate and inform people about the risks of investing their money without doing further research about the project first. And also call out people who put scam ICOs out there.
sr. member
Activity: 434
Merit: 250
June 04, 2018, 03:24:27 AM
We only can stop scam ICO by killing all scammer in this world Smiley. We need to make scammers afraid of something then they'll stop scamming other people Smiley).

It's only theory but it's impossible in this world while identity of everyone is anonymous so they can do what they want and of course they wanna scam money from other people cause it's the easiest way to get money without doing anything  Roll Eyes.
newbie
Activity: 97
Merit: 0
June 04, 2018, 03:22:34 AM
Someone here told about government regulation but he forgets that crypto is about decentralisation and we should not forget about it
Yes what we need is just a proper ventilatory system that will help foster better assessment and bring to Crypto traders the best
newbie
Activity: 36
Merit: 0
June 04, 2018, 03:10:40 AM
Unfortunately i think we can't, except if those are regulate but that's not really what happen for now.
We have to be vigilent and always looking at the ico news
sr. member
Activity: 826
Merit: 250
June 04, 2018, 02:58:10 AM
I myself really want to stop the scam ICO and coins. however, what can I do? I can only do it by not invetsin gin the project by analzying the deep resarch. However, it may not work. Some very good projects are launched and the community is built. But then, they are scammed easily. It is very difficult to stop the scams.
full member
Activity: 532
Merit: 114
June 04, 2018, 02:33:48 AM
We cant stop them from launching but we can definitely keep them from taking off, with better awareness, cautious investment and educating ourselves.
member
Activity: 163
Merit: 10
June 04, 2018, 02:28:49 AM
The only way was just to create more regulations over ICOs, and that already happened, anyway, there are a lot of scammy projects and a lot of people are losing their money because of fake projects.
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