Topic: ICO Cryptocurrency Gold Rush (Read 212 times)
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Well they can take that rubbish and maybe others will realize you have to play by the rules. I mean honestly, how would you feel if you had all this money that literally came from good people. People that where just looking for a place to build funds. Sure I know some investors are just as slimy. But some people are just trying to get ahead. I honestly couldn't look myself in the mirror. Whats all the money in the world if you hate yourself for being heartless.
As long as ico's make money there will be ico's. And some of these projects don't even plan on being around long enough to care about sec regulation.
ICOs are not over however regulations are coming. but its ok.
Actually SEC have charged this project because they were promoting their tokens with unreachable claims
ROI of 1350% within one month is not realistic and can't be justified by any means.
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The company claimed that users could have a return-on-investment of 1,354% in the first 29 days after PlexCoin launched.
ROI of 1350% within one month is not realistic and can't be justified by any means.
Good to see some action taken finally but also sucks it took this long to take that action. Hopefully this will put some fear in scammers hearts and put an end to most scams. I know that is wishful thinking but one can hope 
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No, it will not die. They are needed and this is the real future of blockchain. But there will be efforts to eliminate the scams and let a clear road for the real projects.
I don't think that it is over but I do expect that it might die down a little bit. The SEC charging some companies won't put off the many others who see it as an easy way to make a quick buck.
IMO I don't think it's over. I think the ICO's that are actually scamming people and aren't compliant will be. You also have to keep in mind that this opens doors for ico's to come in and innovate. For example, I recently heard about a project called polymath. They are creating a platform where you can launch your securities token project (and have it be compliant) and get connected to KYC-verified investors. This isn't over, it's just the next phase of the evolution of ico's and crypto.
ICO Cryptocurrency Gold Rush Is Over as SEC Charges 3rd Company
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