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Topic: IEO: A professional scam - page 4. (Read 760 times)

hero member
Activity: 994
Merit: 502
November 23, 2019, 02:59:15 PM
#54
Cryptocurrency exchanges are founded not by Priests, Imams, Rabbis or Monks, they are founded by business men whose main aim is to make profit and not to make the world a better place or create a place where their users would make unlimited profit without them.gaining a single thing, if there was no way for Cryptocurrency exchanges to gain from IEOs, do you realistically think that they would ever have started it in the first place?

It's a sad fact to note that what we see as a successful Cryptocurrency project is those projects that gives us a lot of profit and not because of any technological innovations they have done and any exchange that gives the best profits in the IEOs they host are seen as the most genuine irrespective of what they had to do to pull it off.
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
November 23, 2019, 02:32:52 PM
#53
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
no, I disagree with you. Some large exchanges still don't disappoint me by offering that solution as tickets. Like Binance or Huobi, they have a great solution for those who hold their tokens for a long time and can buy tickets and everything becomes very professional. Phishing IEOs are small exchanges and always offer virtual numbers for selling lots of tokens, but they actually don't sell any tokens. It is better to participate in quality IEO, we should only choose the top exchanges like Binance, Huobi, Okex.
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
November 23, 2019, 02:31:24 PM
#52
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
When you say IEO is "professional scam", I will only agree with you for exchanges which lie about the status of the token sale, some will say the tokens sold out while it barely hit softcap and this will create FOMO. Hence when trading begins, traders will set huge buy orders, and the exchange will take advantage to sell the remaining bulk of the tokens. I still believe there are some genuine exchanges, which won't toil with their reputation.
full member
Activity: 1330
Merit: 100
C O M B O
November 23, 2019, 02:23:18 PM
#51
IEOs in my opinion is a new way to make investors feel safe to buy direct from exchanges  where the exchanges act like a middle man in the process. Atleast we can know that after the sale that token will list at exchanges right.  Scam or not projects that has a most spotlight  will pump up and projects that has no liquidity will be dump. It was nature in cryptos for me.
but there are still many exchanges to let IEO Fraud launch their IEO there, there are some places of exchange that are usually used as fraudsters namely LAToken, P2PB2B and Exmarket,
many IEO are not clear there, I hope all exchanges provide good and real regulations
full member
Activity: 346
Merit: 100
November 23, 2019, 02:00:37 PM
#50
IEOs in my opinion is a new way to make investors feel safe to buy direct from exchanges  where the exchanges act like a middle man in the process. Atleast we can know that after the sale that token will list at exchanges right.  Scam or not projects that has a most spotlight  will pump up and projects that has no liquidity will be dump. It was nature in cryptos for me.
full member
Activity: 770
Merit: 100
Oikos.cash | Decentralized Finance on Tron
November 23, 2019, 01:52:22 PM
#49
We cannot consider all the IEOs as scams just to be fair to a handful or even less than a handful of IEOs that are not scams but truly good projects, if there are any. But I think there are. Even if the majority are scams, let us also try to give what those good projects deserve. A blanket conclusion is not fair, it might consider all of them as bad eggs even if there are a few which are not. But the investors should be careful in their decisions as the largest percentage goes to the scams.
if there are bad projects then there are also good projects that really want to develop their ideas. indeed bad projects have a negative impact on investors and also people's views, but we must also be able to support real projects that are developing
we must understand that bad projects have always been and always will be until the moment when the whole market will not be regulated and it does not have a huge number of users. only then the number of bad projects will be very small
full member
Activity: 925
Merit: 100
November 23, 2019, 01:13:42 PM
#48
It's hard really disputing this fact you just stated, because it's the truth. Taking a good look at IEO models in accordance with what happening in exchanges one will agree with you. Investors no longer care about ideas rather the pump and dump taking place. The big question is, some of these IEOs, where are they? What are they solving? How is the platform's growth? I don't think upto 2% of IEOs really mean business other than profit.
Sincerely like you said, there is more to IEO than we can ever know and the best thing is to be smart.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
November 23, 2019, 01:11:45 PM
#47
Some of IEO yes are scam, but i think a small % of IEO are ok and can give a profit, if is not a short time profit then in long time they can give a nice profit if crypto market will get new investors.
if you look at binance IEO, most of them is succes and of course give profit

i think, we cant just blame IEO in this time. remember that this is bearish market in altcoin now
so, most of investors are affraid to invest in alt and it makes most of alts are down. it affects on IEO coins too
so, we would be wise if considering others external aspect
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
November 23, 2019, 12:36:20 PM
#46
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
I think so many people have make scam with professional by IEO, why I have opinion like this because almost people lost investing with  great IEO listed on Binance or bittrex exchange, they trusted will give much profit after investing on Binance or Bittrex IEO project investment, after listing IEO coin have lower price and investor faced with lost investing on IEO exchange project.

   Same scammers that used ICO's are now using IEO's. I think in everything good we can find some bad things. There are ways
for exchange to control new projects, but some professionals are so good at making good looking scam project, and even for
exchange team is hard to reveal them.
   We can blame others for our mistakes, but we are the ones who press buy button in some moment. We decide to invest or not
we can't blame others cause our wrong investments.
sr. member
Activity: 1288
Merit: 253
November 23, 2019, 12:31:20 PM
#45
A lot has been said about IEO. Many seeing IEO as a way out in cryptocurreny, hmmmm..... is that it? don't be fooled. Many of the so-called big exchange have enriched themselves through IEO. Why do you think some projects from nowhere conducted their IEO on these so-called big exchange, it will shock you to know that a reasonable amount of these tokens are going to the exchange and the exchange is ready to dump on you the moment the token is listed or after some pump. They encourage you to hodl but they will not hodl. It is all about pump and dump. You may want to argue because you have benefited one out of many times. Have you asked yourself, how many were able to buy at IEO, they want you to come and buy on the exchange after making it look like a sold out, why sold so little at IEO when you have buck of it in store? Professional scam.....Believe me, there is more to IEO on big exchange than you can imagine. Be wise.
I think so many people have make scam with professional by IEO, why I have opinion like this because almost people lost investing with  great IEO listed on Binance or bittrex exchange, they trusted will give much profit after investing on Binance or Bittrex IEO project investment, after listing IEO coin have lower price and investor faced with lost investing on IEO exchange project.
sr. member
Activity: 1400
Merit: 468
November 23, 2019, 12:11:09 PM
#44
We cannot consider all the IEOs as scams just to be fair to a handful or even less than a handful of IEOs that are not scams but truly good projects, if there are any. But I think there are. Even if the majority are scams, let us also try to give what those good projects deserve. A blanket conclusion is not fair, it might consider all of them as bad eggs even if there are a few which are not. But the investors should be careful in their decisions as the largest percentage goes to the scams.
if there are bad projects then there are also good projects that really want to develop their ideas. indeed bad projects have a negative impact on investors and also people's views, but we must also be able to support real projects that are developing
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
November 23, 2019, 12:05:47 PM
#43
I don't understand why there are some projects that organize IEOs that only fall in $ 500,000 or maybe less.  Organizing the IEO alone is a challenge.  They need money to develop projects and cover various costs.  Blockchain engineers are few, so hiring them is expensive and long term.  Another problem is the manipulation of the value of the trading floor and the project owner.  If they hadn't done so at Binance, houbi, okex, bitmat ... then maybe people wouldn't blindly rush in.
sr. member
Activity: 1050
Merit: 250
November 23, 2019, 10:53:13 AM
#42
ICO is only switched to IEO. even many scammers are able to list on the exchange very easily by only paying for the Exchange they choose. of course, exchange is not concerned with project credibility. IEO forces investors to easily invest, new investors will certainly be interested because after the sale of the coin is completed, it will be listed on the exchange. This can also be called professional fraud. But not all exchanges do dirty things like that. I believe there are still many good IEOs that can succeed, but in-depth research is also needed.

Okay, can you give an example of how to research an IEO project for beginners?
 I think they were only tempted by big profits in a short amount of time after the sale of tokens is complete, and  therein lies foolishness. In my opinion, now rarely people pay attention to the function of what they buy, they only think of buying and selling when they have made a profit.
CMIIW
yep  i am agree.they just thinking about how to generate profit in near time.they forget about the risk and projects qualit that will occury. Most of them didn't observe deeply and correctly in reviewing projects. Directly tradeable in market should not be main reason why they participate in IEO , we have to analize projects completely and be objective when reviewing.
full member
Activity: 795
Merit: 108
November 23, 2019, 10:35:46 AM
#41
ICO is only switched to IEO. even many scammers are able to list on the exchange very easily by only paying for the Exchange they choose. of course, exchange is not concerned with project credibility. IEO forces investors to easily invest, new investors will certainly be interested because after the sale of the coin is completed, it will be listed on the exchange. This can also be called professional fraud. But not all exchanges do dirty things like that. I believe there are still many good IEOs that can succeed, but in-depth research is also needed.

Okay, can you give an example of how to research an IEO project for beginners?
 I think they were only tempted by big profits in a short amount of time after the sale of tokens is complete, and  therein lies foolishness. In my opinion, now rarely people pay attention to the function of what they buy, they only think of buying and selling when they have made a profit.
CMIIW
sr. member
Activity: 784
Merit: 251
https://raiser.network
November 23, 2019, 10:04:21 AM
#40
There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

And the IEO tokens now are a good chance to recover and make a good profit from the last year when ICO projects are popular and many users where victimize. one of a good investments now are IEO's just find a better one that run in a better exchanges. like said that it is not just a quick negative scheme so better to find a one that will be long term, there is still flowery IEO's just want to make money from us. so be keep an eye on it and don't believe it right away.
sr. member
Activity: 1400
Merit: 273
November 23, 2019, 09:59:05 AM
#39
We cannot consider all the IEOs as scams just to be fair to a handful or even less than a handful of IEOs that are not scams but truly good projects, if there are any. But I think there are. Even if the majority are scams, let us also try to give what those good projects deserve. A blanket conclusion is not fair, it might consider all of them as bad eggs even if there are a few which are not. But the investors should be careful in their decisions as the largest percentage goes to the scams.
sr. member
Activity: 534
Merit: 250
November 23, 2019, 09:53:25 AM
#38
ICO is only switched to IEO. even many scammers are able to list on the exchange very easily by only paying for the Exchange they choose. of course, exchange is not concerned with project credibility. IEO forces investors to easily invest, new investors will certainly be interested because after the sale of the coin is completed, it will be listed on the exchange. This can also be called professional fraud. But not all exchanges do dirty things like that. I believe there are still many good IEOs that can succeed, but in-depth research is also needed.
member
Activity: 1260
Merit: 21
November 23, 2019, 02:55:45 AM
#37
Obviously IEO has not be able to right the wrong of ICO's since the introduction but the only thing was that ieo gives a little bit of security to investors unlike ico that didn't give much security to investors, between, big exchange ieo has produce some good profit to investors, especially in binance, I can't say for other exchanges though.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
November 23, 2019, 02:38:04 AM
#36
There are many investment options out there, and you can always buy an IEOs tokens after the price has had a chance to balance out and accumulate then if it has good long term potential and isn't just a quick pump and dump scheme

Nowadays, is the best time to buy since market is so cheap. IEO is another way to invest but it needs time to study the kind of token that can be huge potential to increase in the future. The most challenging is to hold your different altcoins for long period of time and will able to wait until it will pump again tremendously.
many people are less interested in investing in new projects, they prefer to invest in coins that are already available in the market and have a good reputation. many people choose to reduce the risk so that their capital is not lost with the many cases of fraud


Indeed, it's because most of them had some trust issues from their experiences in the past and we can't blame them for being choosy on investing because some of us had also experienced it. We have also feel what they feel and it is worst, but we can't also say that most of the projects these days are like the other projects unless you have already try investing in all new projects. Also, what can you expect? there will always be some people who's going to take advantage of you and it depends on you on how you avoid it. We can't underestimate something we don't experience and there are still some worth it and profitable investments, you just need to find it carefully and make your decisions wisely.
member
Activity: 742
Merit: 16
November 23, 2019, 02:25:02 AM
#35
Dump to nothing? its not all IEO projects that do this act you are claiming, most IEO from binance still have good price not far from IEO price, most IEO launchpad are just games planned by the exchanges but not all of them
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