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Topic: Many ICO / altcoin scams? - page 13. (Read 1916 times)

legendary
Activity: 2394
Merit: 2223
Signature space for rent
September 22, 2019, 06:31:18 AM
#5
Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.


There is positive and negative impact on everything on the world's. So crypto-currency world would not different from it. Many scammer getting opportunity decentralization of crypto-currency. And most of scams happend on ICO section. That's was investors falt, because they didn't look right left when they see a ICO. Greedy behaviour just forced to invest and eventually they lost fund. Unfortunately seems still investors are investing ICO, so how can we expect that we might reduce scammer. ICO is an easy method for scammer to raise funds. But we take it seriously and do own diligence before put our money on any ICO.
newbie
Activity: 15
Merit: 0
September 22, 2019, 05:54:27 AM
#4
According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.
member
Activity: 742
Merit: 19
September 22, 2019, 05:43:26 AM
#3
There are so many ICO scams with the crypto market. That's why your own research is really important. The IEOs are solving a little bit of that problem. Because the exchange listing will be guaranteed with the IEOs. But the exchange listing is not the only thing to decide it scam or not. Because there are different types of scam. But you can expect quick profits with the IEOs.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
September 22, 2019, 05:15:03 AM
#2
Without any doubt, crypto was created for free market, but don't you think that if almost  every second project that goes live scams people, it is time to think about how we can create a safer place for investors and new people that are interested in crypto?
full member
Activity: 924
Merit: 106
homt.net
September 22, 2019, 04:54:08 AM
#1
Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.
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