Topic: ICO and scammers - page 2. (Read 636 times)
Do not expect to make money the east way, you will get in scammers trap if you have this mindset, know that nothing comes easy this is the only way to avoid scammers temptations, probably when things are too good to be true means they are.
In some countries I have heard that it is not arbitrarily making ICO projects, because of the many cases of fraud related to
this ICO problem. Therefore some countries want to play it safe by banning its citizens from making ICO projects in order
to protect their other citizens. In your country, it is only forbidden to make ICO, it is better to follow the rules, not to violate it
be a disaster. There are many other ways to make money through cryptocurrency.
this ICO problem. Therefore some countries want to play it safe by banning its citizens from making ICO projects in order
to protect their other citizens. In your country, it is only forbidden to make ICO, it is better to follow the rules, not to violate it
be a disaster. There are many other ways to make money through cryptocurrency.
Initially there were no serious restrictions on making ICOs in several other countries including countries that prohibit ICO, but since many cases of fraud ICO the ban came into force and many countries began to avoid it. but if you really want to make an ICO with a positive goal it might not be a serious disaster. but I agree with you better not to do that, there are many other alternatives to get crypto, large crypto space and there are still many ways to get good profits here.
All about those banning ICOs will depend on those countries if the crypto currency is legitimate. One thing is that we may able to do such things by asking or researching to avoid be scammed since nowadays their are a lot of scammers here in crypto currency community as well as by those users aiming to have an easy money just to have a victim. Also, by doing have a good profit we must be attentive and aware all the time as much as possible.
In some countries I have heard that it is not arbitrarily making ICO projects, because of the many cases of fraud related to
this ICO problem. Therefore some countries want to play it safe by banning its citizens from making ICO projects in order
to protect their other citizens. In your country, it is only forbidden to make ICO, it is better to follow the rules, not to violate it
be a disaster. There are many other ways to make money through cryptocurrency.
this ICO problem. Therefore some countries want to play it safe by banning its citizens from making ICO projects in order
to protect their other citizens. In your country, it is only forbidden to make ICO, it is better to follow the rules, not to violate it
be a disaster. There are many other ways to make money through cryptocurrency.
Initially there were no serious restrictions on making ICOs in several other countries including countries that prohibit ICO, but since many cases of fraud ICO the ban came into force and many countries began to avoid it. but if you really want to make an ICO with a positive goal it might not be a serious disaster. but I agree with you better not to do that, there are many other alternatives to get crypto, large crypto space and there are still many ways to get good profits here.
Then do not continue. Would you rather be convicted or would you rather spend so much capital creating an ICO then end up with zero offering?
Both choice is a loss then just let it go.
Perhaps you could go to another country then start there.
Or, just look for an ICO with the same goal as you and invest with them or get some shares.
Are you willing to force it just for your own goal?
Both choice is a loss then just let it go.
Perhaps you could go to another country then start there.
Or, just look for an ICO with the same goal as you and invest with them or get some shares.
Are you willing to force it just for your own goal?
Im sure, like project dont exist. All of cryptoprojects - have a one good idea or paste idea second project. No more. And good programmer rarely know economy. But if man know about cryptocurrency, economy and can a coding - he work or study at university...
Then do not continue. Would you rather be convicted or would you rather spend so much capital creating an ICO then end up with zero offering?
Both choice is a loss then just let it go.
Perhaps you could go to another country then start there.
Or, just look for an ICO with the same goal as you and invest with them or get some shares.
Are you willing to force it just for your own goal?
Both choice is a loss then just let it go.
Perhaps you could go to another country then start there.
Or, just look for an ICO with the same goal as you and invest with them or get some shares.
Are you willing to force it just for your own goal?
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
There is a due process in this kind of system of course, Police should investigate well if youre really caught with some evidence of doing the crime but, this is case to case basis. I didn't know Ukraine is so strict well I'm lucky I'm not living on country like that, my country has a moderate support for blockchain technology.
My country has a project for integrate blockchain in many areas and supporting business. But, blockchain - only technology. Create project with blochchain - okey. But if you create surrogate money (not legalize stablecoin, in my case) - its no only blockchain technology. Its old crime with new technology. You understand me?
Its doesnt matter - create in USA, Japan, France, Italy or China - you will go to the prison, because algorithmic stablecoin - nonsense for SEC/FRS or like organithation.
In some countries I have heard that it is not arbitrarily making ICO projects, because of the many cases of fraud related to
this ICO problem. Therefore some countries want to play it safe by banning its citizens from making ICO projects in order
to protect their other citizens. In your country, it is only forbidden to make ICO, it is better to follow the rules, not to violate it
be a disaster. There are many other ways to make money through cryptocurrency.
this ICO problem. Therefore some countries want to play it safe by banning its citizens from making ICO projects in order
to protect their other citizens. In your country, it is only forbidden to make ICO, it is better to follow the rules, not to violate it
be a disaster. There are many other ways to make money through cryptocurrency.
There is no hard and fast rule to pronounce an ICO as good or bad. It's the experience of the users that tells them if an ICO can be a good ICO or a bad ICO! However, in money matters, it is very important to know the details of the project owner. If we categorize few important factors for a good or bad ICO, owner and team identification will definitely come within the first 3 parameters!
In you case, I would rather suggest you not to launch an ICO itself. Because if you don't identify yourself, your project will be scrapped after the launch. And if you do, you may go to jail! If you think that your ideas are great, go to angel investors and pitch your idea! That would help you to start your business!
Very good, I agree with this. Elite investors will not ignore the best ideas in the crypto or ICO world. meet them, explain your idea. and make them trust you. so your ICO project will not be considered bad. because elite investors have great access to government. and that will make the government respond to your ideas well. In you case, I would rather suggest you not to launch an ICO itself. Because if you don't identify yourself, your project will be scrapped after the launch. And if you do, you may go to jail! If you think that your ideas are great, go to angel investors and pitch your idea! That would help you to start your business!
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
There is a due process in this kind of system of course, Police should investigate well if youre really caught with some evidence of doing the crime but, this is case to case basis. I didn't know Ukraine is so strict well I'm lucky I'm not living on country like that, my country has a moderate support for blockchain technology.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
Follow your country's laws no matter what or leave and migrate to another crypto-friendly country. If it is illegal in your country, do not attempt to hide in the shadows just to do your bidding because it does not worth the time you will spent in jail. It's frustrating but I also hope that someday, the reputation of crypto will be cleared and it will not be ban anymore by any form in any country.
Crypto dont have a problem in my country. If you create token/currency for affiliates program or other target - okey. But if you creating a money for paying(like Libra) - wait problems.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
Follow your country's laws no matter what or leave and migrate to another crypto-friendly country. If it is illegal in your country, do not attempt to hide in the shadows just to do your bidding because it does not worth the time you will spent in jail. It's frustrating but I also hope that someday, the reputation of crypto will be cleared and it will not be ban anymore by any form in any country.
I'm having difficulty understanding the thought of your sentences but as you mentioned about conviction and jail. I guess this relates to the scam ICOs since you've mentioned it as well. What do you plan to do? making an ICO?
And if you create a scam ICO, you dont will go to the prison in my country 
You should include on which country you reside. Maybe yes, maybe no. I dont need a money, but programmers, who doing a smart-contract or cryptocurrency - need money. Im student and dont have 5-10k for his. Now Im talking in russian tree about my idea and think about search investor.
I'm having difficulty understanding the thought of your sentences but as you mentioned about conviction and jail. I guess this relates to the scam ICOs since you've mentioned it as well. What do you plan to do? making an ICO?
And if you create a scam ICO, you dont will go to the prison in my country
You should include on which country you reside.
Is there anything like good ICO? Although, I am guilty of this, because I have also said it, but I later realise that, all ICO projects are expecting the same outcome, but are using different methods to get he outcome. Also, scammers have used the ground of ICO to get most of their schemes actualized, but not again through it.
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
To be honest, i find it hard to comprehend your post maybe due to the fact that it's a translated writeup. But from all i could gather, you are talking about the risk of being involve in cryptocurrency if you are from a country which the activities of cryptocurrency is strictly ban.
Some countries frown sternly at cryptocurrency because of it's high speculative and volatility features. Some group of people sees it as a way of preventing citizen from loosing hard earned money while some group of people think its a way of having full control over the financial activity of citizens.
Either way, with the lot of scam activities recorded by cryptocurrency ico's. You wouldn't blame such Governments from imprisoning people involve in orchestrating such scam icos.
It is really hard to understand what you are trying to say. Not even sure if you are talking about your country laws or you are talking about ICO scammers? Are you trying to say ICO scammers get 5 years of prison time in your country? Well, I don't think those scammers actually get caught. They remain completely anonymous. They raise money using crypto currencies which becomes really hard to trace them!
No, creating cryptocurrency = creating surrogate money. Its a hard crime. Scammers its a second theme. And if you create a scam ICO, you dont will go to the prison in my country
It is really hard to understand what you are trying to say. Not even sure if you are talking about your country laws or you are talking about ICO scammers? Are you trying to say ICO scammers get 5 years of prison time in your country? Well, I don't think those scammers actually get caught. They remain completely anonymous. They raise money using crypto currencies which becomes really hard to trace them!
Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?
There are several ways that team and developers do scam people, scamming now has taken so different turn that they will not just come on ico and raise money, and then delete all their accounts, these are no longer effective because even people watch carefully now to be sure that they participate in a project where the team has shown itself to the world, but in showing self to the world, they still have a way to exit the market which I think it is still the easiest to scam. All they need to do is to create a very bad product to announce to people, when they create a bad product, they wait for it to have a very bad effect on the market, and they gradually die down slowly until we no longer have any interest in it which will make it to die off the market completely and make people blame them on bad projects.
You cannot judge ICO and identify its legitimacy within a few minutes. It is a long and hard process of reading whitepaper, checking team members, product development level, communities and so on. And for everyone one thing is much more important than another.
There is no hard and fast rule to pronounce an ICO as good or bad. It's the experience of the users that tells them if an ICO can be a good ICO or a bad ICO! However, in money matters, it is very important to know the details of the project owner. If we categorize few important factors for a good or bad ICO, owner and team identification will definitely come within the first 3 parameters!
In you case, I would rather suggest you not to launch an ICO itself. Because if you don't identify yourself, your project will be scrapped after the launch. And if you do, you may go to jail! If you think that your ideas are great, go to angel investors and pitch your idea! That would help you to start your business!
In you case, I would rather suggest you not to launch an ICO itself. Because if you don't identify yourself, your project will be scrapped after the launch. And if you do, you may go to jail! If you think that your ideas are great, go to angel investors and pitch your idea! That would help you to start your business!
I agree.
You have to be a professional good looking person that have the talents to make a good ICO, it is hard to convince people to support your project, therefore you are going to need a team which you could rely on to launch a successful project. Funds, a huge funds is needed also to prepare your main dish (your ICO) the more big it is, the more funds you are going to need.
But be careful on recruiting people that will be a part of your team, run a personal background first before putting them on action, you might not want to bump on a scammer member of you team.
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