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Topic: ICO ?? (Read 391 times)

legendary
Activity: 3416
Merit: 1225
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November 28, 2016, 09:00:28 AM
#11
I saw many posts in this forum like " the next ICO " , " the future of this ICO " etc .
Now I want ask what does mean by ICO ??

This is the first thing  newbie that wants to get into trading altcoin to learn,ICO means initial coin offering,these are premined coin that they are selling to investors that they can use for projects that dev of the coin are developing or promoting,you can also use these coins to trade on exchanges.
hero member
Activity: 983
Merit: 502
November 28, 2016, 06:34:11 AM
#10
thanks to everyone to explain me about this .

Just don't expect to make a quick profit on genuine ICO's. Etherium took a year, I expect Waves will and, likewise many other ICO's.

They are entertaining, though!

With Waves, after the ICO ended the thread filled with hundreds of posts with people bitching, moaning and hassling the devs over the transfer to tradeable asset along with hundreds moaning about 'not on this or that exchange'. As soon as they got their Waves, they dumped at below ICO price only for price to rise well above ICO a month later!  Grin Don't underestimate the impatience and vitriol of folk who want lose their hard earned cash IMMEDIATELY!

The biggest laugh will be in the next several months or so when the price increases exponentially.  Wink

You have to do your research and find the genuine teams and propositions.

I will grab my popcorn and watch the same exact thing happen with Incent!  Grin
legendary
Activity: 3668
Merit: 6382
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November 28, 2016, 06:31:22 AM
#9
Since joining this forum and roaming on altcoin section all I'm reading are new ICO,investors never get enough of these ICO a friend told me he made 1000% profit in one ICO but there are some coins that are only made to scam people,it's tricky you need to understand that.

1000% profit is quite a number. I've seen great coins with great profits, but most were much lower than 10x. At least until now.
Meanwhile stories about "a friend" are far too many and some are rather shady.

I don't want to imply that you are lying, but I want to tell OP to keep his eyes open and never invest more than he can afford to lose, because for each good and legit ICO there are 100 scams.
I have invested in ICOs here and there, but always with extra care. Good luck!
hero member
Activity: 3024
Merit: 614
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November 28, 2016, 06:22:33 AM
#8
Since joining this forum and roaming on altcoin section all I'm reading are new ICO,investors never get enough of these ICO a friend told me he made 1000% profit in one ICO but there are some coins that are only made to scam people,it's tricky you need to understand that.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 28, 2016, 06:04:04 AM
#7
ICO is the new scam and nothing more, this is just a way for people to fill their pockets by hyping a coin and fooling us to buy into them so they can scam us in most legal way there is.
Trust me better to stay away from any ICO unless you have evidence of it being totally legit.
ico are pos coin in disguise where the initial distribution is no longer done for free like with the older pos coin, so they can scam more from you in case the project fall, i would avoid any unless you see a very high hype where you can do x2 at the beginning of the first pump
Yeah, all ICOs are scam, except the exceptions. Usually, ICOs end up selling at a certain price which is higher than market price after an initial massive dump. Stagnation of the coin follows as (most likely devs) keep selling. And then a few of them pump again, to keep stagnating later. That's how it goes for most ICOs.
I saw many posts in this forum like " the next ICO " , " the future of this ICO " etc .
Now I want ask what does mean by ICO ??
Initial coin offering,but I warn you almost 90% of those who offered ICO in the past are gone now,taking all the investors money and all they got was useless coin with no usage at all.
ICO means Initial Coin Offering. It means that a new altcoin has been created (and probably premined) and the coins are being sold.
thanks to everyone to explain me about this .
copper member
Activity: 1330
Merit: 899
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November 27, 2016, 02:04:10 PM
#6
ICO is the new scam and nothing more, this is just a way for people to fill their pockets by hyping a coin and fooling us to buy into them so they can scam us in most legal way there is.
Trust me better to stay away from any ICO unless you have evidence of it being totally legit.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
November 27, 2016, 12:17:13 PM
#5
ico are pos coin in disguise where the initial distribution is no longer done for free like with the older pos coin, so they can scam more from you in case the project fall, i would avoid any unless you see a very high hype where you can do x2 at the beginning of the first pump
legendary
Activity: 1610
Merit: 1183
November 27, 2016, 12:15:26 PM
#4
Yeah, all ICOs are scam, except the exceptions. Usually, ICOs end up selling at a certain price which is higher than market price after an initial massive dump. Stagnation of the coin follows as (most likely devs) keep selling. And then a few of them pump again, to keep stagnating later. That's how it goes for most ICOs.
legendary
Activity: 2450
Merit: 1047
November 27, 2016, 11:34:02 AM
#3
I saw many posts in this forum like " the next ICO " , " the future of this ICO " etc .
Now I want ask what does mean by ICO ??
Initial coin offering,but I warn you almost 90% of those who offered ICO in the past are gone now,taking all the investors money and all they got was useless coin with no usage at all.
staff
Activity: 3458
Merit: 6793
Just writing some code
November 27, 2016, 11:05:58 AM
#2
ICO means Initial Coin Offering. It means that a new altcoin has been created (and probably premined) and the coins are being sold.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 27, 2016, 10:50:21 AM
#1
I saw many posts in this forum like " the next ICO " , " the future of this ICO " etc .
Now I want ask what does mean by ICO ??
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