Topic: IT'S ENOUGH: WHY WE SHOULD STOP PAYING FOR ICOs/TOKENS (Read 132 times)
Yeah, ICOs are gross.. Ick..
Nope, "investors" are just stupid and half deserve to lose all their money.. You would think they would have run out of money by now but I suppose not..
But really man? You want the government to come in to hold the hand of all the dumb money? Gross..
The only thing that will fix the ICO situation is awareness..
Like drug awareness to show what happens to you when you smoke meth, or aids awareness to show what happens to you when you.. Idk.. You get it..
People need to open their eyes to what they are dealing with..
The stupid ones will still get aids, become junkies, and lose all their money to ICOs.. You can throw gambling in there too..
But I mean, if that's how you get your kicks, just like blowing money on ICOs like a slot machine with probably worse odds, you might not be dumb but rather just have strange taste in entertainment..
I think the first and only ICO I ever bought was blocknet on bittrex or something like that..
I traded a lot then and figured I'd give it a shot.. I sold it not long later for a small loss..
ICOs IPOs premines and high inflation scheme coins have always turned me off..
I have probably traded tons of them not even knowing what they were, I know for a fact that I have traded some, like any other coin on an exchange I thought I could sap some satoshis out of, but never have been into the pre-release buying ICOs thing..
I believe the ico need to regulate first to be much safer for investors.
Nope, "investors" are just stupid and half deserve to lose all their money.. You would think they would have run out of money by now but I suppose not..
But really man? You want the government to come in to hold the hand of all the dumb money? Gross..
The only thing that will fix the ICO situation is awareness..
Like drug awareness to show what happens to you when you smoke meth, or aids awareness to show what happens to you when you.. Idk.. You get it..
People need to open their eyes to what they are dealing with..
The stupid ones will still get aids, become junkies, and lose all their money to ICOs.. You can throw gambling in there too..
But I mean, if that's how you get your kicks, just like blowing money on ICOs like a slot machine with probably worse odds, you might not be dumb but rather just have strange taste in entertainment..
I think the first and only ICO I ever bought was blocknet on bittrex or something like that..
I traded a lot then and figured I'd give it a shot.. I sold it not long later for a small loss..
ICOs IPOs premines and high inflation scheme coins have always turned me off..
I have probably traded tons of them not even knowing what they were, I know for a fact that I have traded some, like any other coin on an exchange I thought I could sap some satoshis out of, but never have been into the pre-release buying ICOs thing..
that's right, if you notice that most of the ico has dropped the price after ico, which is bad for investors and if this things will continue we will experience more lost. I believe the ico need to regulate first to be much safer for investors.
WHY WE SHOULD STOP PAYING FOR ICOs/TOKENS.
ICOs are now a quick money venture for the developers. They don't care about the investors anymore, since the idea is just to make money. Some will complement the investors with exchange listing, i know you will ask why that is a complement. But ask some of those investors who are still waiting with no hope of when their investment will be listed on exchange and that is if however it will happen someday.
Others investors that will be complemented will approach the exchange with a rather bad listing price as compared to the initial price of the tokens during the Token sales.
I have been a victim of fraudulent ICOs in time past, I don't let the mistake repeat itself after much research. At least, once i notice that most of this ICOs has no connection to the Blockchain, but just an option to raise cash for a quack or fraudulent non-existing idea which is only backed up by comprehensively sophisticated english to deceive people to them; I just overlook them.
I have said it at a time that ICOs will become unreal so much that we will not be paying for it anymore, and if there is anyone to be paid for, it will be an ICOs with a strong and functioning project/venture/product or working prototype.
At a point as well, we have seen come developers approach the Crypto arena with free tokens distribution without any aim to generate funds from the public, at least by not selling Tokens in the first place and up till date, they are doing just fine. An example is Rebellious, Polymath and EQUAL, at least for the few I have been part of.
The big news today, if confirmed to be and being circulated but not yet debunked is Savedroid being a scam. Many has happened, much are to still happen and which will continue when this fakers continues to get into us.
We might have had one experience or the other, but it is surely not a good thing that ICOs are becoming another slap in the face for the crypto community that works hard to be real.
If you feel this post is meaningful enough, please, I will gladly appreciate your merit. Thank you
ICOs are now a quick money venture for the developers. They don't care about the investors anymore, since the idea is just to make money. Some will complement the investors with exchange listing, i know you will ask why that is a complement. But ask some of those investors who are still waiting with no hope of when their investment will be listed on exchange and that is if however it will happen someday.
Others investors that will be complemented will approach the exchange with a rather bad listing price as compared to the initial price of the tokens during the Token sales.
I have been a victim of fraudulent ICOs in time past, I don't let the mistake repeat itself after much research. At least, once i notice that most of this ICOs has no connection to the Blockchain, but just an option to raise cash for a quack or fraudulent non-existing idea which is only backed up by comprehensively sophisticated english to deceive people to them; I just overlook them.
I have said it at a time that ICOs will become unreal so much that we will not be paying for it anymore, and if there is anyone to be paid for, it will be an ICOs with a strong and functioning project/venture/product or working prototype.
At a point as well, we have seen come developers approach the Crypto arena with free tokens distribution without any aim to generate funds from the public, at least by not selling Tokens in the first place and up till date, they are doing just fine. An example is Rebellious, Polymath and EQUAL, at least for the few I have been part of.
The big news today, if confirmed to be and being circulated but not yet debunked is Savedroid being a scam. Many has happened, much are to still happen and which will continue when this fakers continues to get into us.
We might have had one experience or the other, but it is surely not a good thing that ICOs are becoming another slap in the face for the crypto community that works hard to be real.
If you feel this post is meaningful enough, please, I will gladly appreciate your merit. Thank you
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