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Topic: ICO's killing crypto - page 4. (Read 3638 times)

full member
Activity: 193
Merit: 100
September 28, 2017, 12:50:25 PM
Peoples adopting to crypto world with ICOs. I don't agree with you ICOs are not killing crypto and they are forcing crypto.
hero member
Activity: 1092
Merit: 582
September 28, 2017, 12:18:24 PM
don't think the ICO scam are killing crypto but the people who fall for these scams will get a lesson. They will learn the basics of investment how, when and where to invest. Although, It is very bad as some people lose their money, If we look it from a different perspective it will help the bitcoin to grow more as the most users move towards bitcoin after this.
full member
Activity: 266
Merit: 100
September 28, 2017, 12:05:25 PM
I think it is very isolated case in china since most of past ICOs there turn out to be scam that's why china is trying to put some regulations on it but there are a lot of upcoming ICO from legitimate people because they know that ICO is a good project, good investment and does a lot of income.
member
Activity: 162
Merit: 10
September 28, 2017, 11:25:30 AM
Dear,
I like ICO because it have a great opportunity for us.
Marketing is very important to development any product or items. So I think it,s most preferably for any company's,
or country.
member
Activity: 131
Merit: 18
September 28, 2017, 11:09:41 AM
It begins:

https://www.sec.gov/news/press-release/2017-176

Washington D.C., Sept. 25, 2017—
The Securities and Exchange Commission today announced two new initiatives that will build on its Enforcement Division’s ongoing efforts to address cyber-based threats and protect retail investors. The creation of a Cyber Unit that will focus on targeting cyber-related misconduct


The Cyber Unit will focus the Enforcement Division’s substantial cyber-related expertise on targeting cyber-related misconduct, such as:

  • Market manipulation schemes involving false information spread through electronic and social media
  • Hacking to obtain material nonpublic information
  • Violations involving distributed ledger technology and initial coin offerings
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
September 25, 2017, 07:23:49 PM
In my opinion ICOs are a necessary aspect of cryptocurrency evolution into mainstream society in coming years. Sure there have been a shit ton of bad ICOs/cash grabs but theres no denying that some of the innovation that these allow for has directly contributed to not only social acceptance as we are beginning to see it with the general public but also technical advances. They do need to be strictly regulated though imho.

Absolutely, it's not regulated at all and that can be a bad thing, everyone can start their own thing and basically pump n dump and yes, there are tooo many shit and scam coins that it's getting out of hand. No wonder they banned ICOs in China, there should be some filter to let the ones that are worth something get out to the world...
newbie
Activity: 29
Merit: 0
September 25, 2017, 07:19:33 PM
In my opinion ICOs are a necessary aspect of cryptocurrency evolution into mainstream society in coming years. Sure there have been a shit ton of bad ICOs/cash grabs but theres no denying that some of the innovation that these allow for has directly contributed to not only social acceptance as we are beginning to see it with the general public but also technical advances. They do need to be strictly regulated though imho.
full member
Activity: 233
Merit: 250
September 25, 2017, 07:09:01 PM
I would say nothing is killing crypto) It's a natural process, every new industry went through this... At first, it should be an uncontrollable start, then people who want to find some holes in the new rules appear, we need some time to develop law, and then we have more or less stable managed market.. nothing special
newbie
Activity: 3
Merit: 0
September 25, 2017, 05:50:07 PM
I'd say scam ICO's are killing cryptos. Not legitimate ones. Unfortunately, too many so called entrepreneurs are catching the windfall on this
sr. member
Activity: 1036
Merit: 275
September 25, 2017, 05:48:49 PM
But if the ICOs doesnt exist then there would not be almost any altcoins on the market, maybe 8/10 altcoins had initial coin offerings, so you are wrong with that.
but yes, the market is saturated by new icos, because the developers thinks that this is a fast way to become rich, and this is why there are a lot of new icos everyday, and i am not impressed by them anymore, since they all are the same, they promise too much, but they dont even do a 10% of what they promise.
legendary
Activity: 1176
Merit: 1001
CryptoTalk.Org - Get Paid for every Post!
September 25, 2017, 05:40:45 PM
really 2017 was bad year for ICO even good powered ICO came with new idea that might help blockchain technology turned to be only profit collectors and main depends on WAVE\ETH assets. ETT was my last ICO which convince me to own special Tel number going to be used to secure communication privacy . 
all ICO do not improve any for blockchain tech. just collect money to develop their product
I think some companies that announce they got a huge investment usually saves it for later use. It would be cool to see millions of dollars pumping Bitcoin.
full member
Activity: 134
Merit: 100
Decentralized Ascending Auctions on Blockchain
September 22, 2017, 12:37:41 PM
really 2017 was bad year for ICO even good powered ICO came with new idea that might help blockchain technology turned to be only profit collectors and main depends on WAVE\ETH assets. ETT was my last ICO which convince me to own special Tel number going to be used to secure communication privacy . 
all ICO do not improve any for blockchain tech. just collect money to develop their product
hero member
Activity: 910
Merit: 500
September 22, 2017, 12:27:03 PM
really 2017 was bad year for ICO even good powered ICO came with new idea that might help blockchain technology turned to be only profit collectors and main depends on WAVE\ETH assets. ETT was my last ICO which convince me to own special Tel number going to be used to secure communication privacy . 
newbie
Activity: 54
Merit: 0
September 22, 2017, 12:19:18 PM
#99
ICOs are mainly used to raise funds to give a start for a new project, and a share of them are scamms, but ICO and crypto complement each other really well, despite any drawbacks, including obstructing the mainstream awareness about ICO and cryptos.
hero member
Activity: 564
Merit: 500
September 22, 2017, 12:03:45 PM
#98
Recent news of the imminent closer of many Chinese exchanges is the direct result of them dealing in ICOs, I've been shocked for the longest time other countries have done so, allowing ICO's to fly under regulators radar, however its only just a matter of time.
It has some bad influence to crypto, but I don't think icos will be killed by governments . No one could stop the development of block chain , China limited some shit icos, they were scammer.
But actually the ICO market can makes the government pay attention to the cryptocurrency world, not is Bitcoin.
Because most of the case about speculative, the ICO market is subject makes China interested and banned it in their country first.
legendary
Activity: 1232
Merit: 1091
September 22, 2017, 11:48:56 AM
#97
ICO is not killing the crypto world,change and development is normal a thing evolve inbthe crypto world.scammers/fraudersters are the main challenges we have here,over time they will be checkmate.

That's more or less correct. I think an even more important role that contributes to more scams popping up, is the fact that people blindly invest their money into anything they find. This is exactly the type of behavior that is giving scammers the incentive to expand and spread like a virus where they are harming the community. If people for once just took the time to think and do proper research before blindly diving into whatever ICO, this whole ICO craze wouldn't be infested with scammers.
sr. member
Activity: 987
Merit: 289
Blue0x.com
September 22, 2017, 11:22:41 AM
#96
Recent news of the imminent closer of many Chinese exchanges is the direct result of them dealing in ICOs, I've been shocked for the longest time other countries have done so, allowing ICO's to fly under regulators radar, however its only just a matter of time.

Really man, you should try to look more deeper into the happenings today in the crypto world. ICOs aren't killing the crypto world. Instead, it is maming it better. It attracts more people everyday. Which is good for us who love crypto currencies. And the governments still can't do anything to pin down crypto currencies enough to make it illegal. So don't worry too much. If it happens then it happens. At least we had a great ride.
sr. member
Activity: 750
Merit: 258
September 22, 2017, 11:21:15 AM
#95
I agree with you. It is not very good and wise to invest our money in ICO because as you can see, there are likely a thousand of ICOs around and many projects have the same idea to each other. Therefore, scammers can easily make a same project and collect people's money.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
September 22, 2017, 11:12:46 AM
#94
ICO is not killing the crypto world,change and development is normal a thing evolve inbthe crypto world.scammers/fraudersters are the main challenges we have here,over time they will be checkmate.
full member
Activity: 206
Merit: 100
Decentralized Ascending Auctions on Blockchain
September 22, 2017, 10:42:15 AM
#93
ICO is another field with crypto. eth = kickstarter platform for people want quick money by using blockchain tech
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