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Topic: Many ICO / altcoin scams? - page 7. (Read 1916 times)

sr. member
Activity: 994
Merit: 251
Betking.io - Best Bitcoin Casino
October 08, 2019, 10:44:35 AM
Considering all of those are scams because they cant really give us profits as we known in this time of crypto a little bit numbers of proi are making successful ico or any fundraising so i recommend to look for the better ico and try to wait for more projects that good enough for making profits.
If you really want a new thing, crypturrency must be able to regenerate to be able to get the trust of investors again because reversing the trust that has been losing money is not as easy as it is now they are all more careful in choosing investments
sr. member
Activity: 1148
Merit: 254
October 08, 2019, 10:32:46 AM
Indeed, for now a lot of projeck scams. IEO or ICO are the same. in 2019 many projecks died because after funding and listing prices decreased by 90%. in my opinion it's better to stop investing in these two investment instruments
I don’t think you need to stop investing. it will be a very strange decision because many people make good money investing in ICO / IEO. better think what is the difference between you and them? I think you should study new projects more carefully
for now, we can only wait for more promising new projects. I am sure there are projects that are very serious to develop their careers in that field. because of the many scam projects in the past, we can only be careful for now to choose another project or coin. but I think that future projects are not from ICO, but from IEO.
sr. member
Activity: 910
Merit: 254
October 08, 2019, 10:12:20 AM
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.

The number of these types of ICO scams are increasing day by day and we are no longer in safe environment for investors.Although the market is free we cant take any legal steps so we need to be on safe grounds on our own and ignore such ICO.Have a complete knowledge in this highly volatile crypto market.
sr. member
Activity: 541
Merit: 250
October 08, 2019, 10:01:43 AM
Considering all of those are scams because they cant really give us profits as we known in this time of crypto a little bit numbers of proi are making successful ico or any fundraising so i recommend to look for the better ico and try to wait for more projects that good enough for making profits.
legendary
Activity: 1316
Merit: 1145
October 08, 2019, 09:38:28 AM
now ICO has begun to be forgotten. because it no longer provides a good future for investors and project developers. yes, one reason is that too many coin projects are born. thus damaging the blockchain ecosystem which has the aim of making a better economy and transaction. You are right the decentralized system is not centralized. so that all security is in ourselves. ICO has now replaced IEO to create new support through large exchanges. but that does not guarantee the project will become a scam. choose the best project to invest in blockchain. so as not to fall on the ICO scam and other traps.
jr. member
Activity: 176
Merit: 1
October 08, 2019, 09:32:19 AM
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.

Exactly, a free market will not be separated from scammers. The world of crypto cannot be separated from that, so it is wise when you participate in it, to create a safe place for all participants. Even so, the scam will always follow.
hero member
Activity: 1008
Merit: 501
October 08, 2019, 09:04:38 AM
Sometimes I feel we don't need decentralization in crypto anymore. Because anonymity is helping the scammers a lot and for their continuous scam, crypto market-facing lots of obstacles to go forward. People are losing interest in crypto. So, to protect a healthy environment in the crypto space, we need regulation for the new projects. And regulation can protect investors from ICO/Altcoin scams.
sr. member
Activity: 1288
Merit: 253
October 08, 2019, 01:18:05 AM
Take profit without holding for long time, you can join all of ICO and IEO but after listing sell how ever much profit do you get, when price higher 10% better to sell it because you can waiting fro long time price growing up, many ICO never have long live with price always higher or expensive.
hero member
Activity: 1778
Merit: 504
WorkAsPro
October 08, 2019, 01:11:24 AM
Scam or not the ICO project must be based on authentic evidence, it cannot just be based on rumors or FUD. There are several parties who spread FUD with the intention that the price of the token falls and they can buy it cheap or indeed from competitors who want to bring down a rival project. Also in this crypto world almost everything is money oriented, sometimes we don't care about the validity of a project.
If the coin is profitable, investors will join and they don't care much about the value because most current projects do not keep their promises. I think investing in any project requires a lot of consideration because many projects do not have any new updates for investors and those are the projects you should stay away from in this market. In my opinion, altcoin is not a good choice for you but if you can buy a cheap price, think carefully.

This market has too many FUD but if you can turn that news into an opportunity then you will definitely succeed in trading.
sr. member
Activity: 2226
Merit: 259
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October 07, 2019, 04:36:43 PM
Not scam maybe have lower price after listing, team ICO re working for building coin price back to normal and higher than ICO price, they need time for building step by step with buy back and open working with other platform to make their coin become popular.
Scam ICO projects stolen investors money than how they will be re working which project? Please make sense. A lot of ICO's project got scammed since 2017 that's why investors lost initial money. Actually ICO indeed, as per as IEO projects got huge response. I think dead coin/project will be never strong after rebranding. The main reason is project team are greedy and they try to create hype and collect to big fund. So, i prefer you have to strongly analysis before ICO investment.   
sr. member
Activity: 1071
Merit: 253
October 07, 2019, 03:38:47 PM
I have been with different ICOs before and it's frustrating to know that they only end up as shit coins. As for me, the problem is within the developers and the project itself. Sometimes, lack of effort to advertise and promote their coin even after their ICO  is one of the common problem. The number of scam ICOs are actually growing and investors are actually getting rid of these frauds.
Why would you waste your precious time and energy on such ICOs and coins when you have bitcoin and few good altcoins with you. It is good to try new things but not when you are trying to make money and that too in digital world. Moreover, it does not make pretty much sense for developers to put some real efforts when they are scammers from the very start. The safest and best is to go with bitcoin.
sr. member
Activity: 1638
Merit: 261
October 07, 2019, 03:54:57 AM
'If you don't like it, then you don't understand crypto.'
In your statement, I assume that it is possible to deceive each other. If this continues, we can be sure that the future of crypto will not be long. Because people are starting to wake up & assume that everything related to crypto is just fraud and nonsense. Therefore it is better to have a system that screens new developers who want to do ICO or IEO strictly. So that the future of crypto is more awake and durable.

Trust me this is something which I have been posting since long time that we need a verification wherein all the ICO needs to apply before posting the thread and they should be entitled  to post the  bounty thread only if they can clear the verification  process as this will filter the scam project and we can win the trust of potential investors and this will create positive impact for this forum as it will be an additional initiative taken by us.  Because sometimes even genuine  projects are termed as scam by some negative minded people.
sr. member
Activity: 1050
Merit: 256
October 07, 2019, 03:47:07 AM
'If you don't like it, then you don't understand crypto.'
In your statement, I assume that it is possible to deceive each other. If this continues, we can be sure that the future of crypto will not be long. Because people are starting to wake up & assume that everything related to crypto is just fraud and nonsense. Therefore it is better to have a system that screens new developers who want to do ICO or IEO strictly. So that the future of crypto is more awake and durable.
member
Activity: 756
Merit: 12
October 07, 2019, 01:33:58 AM
Scam or not the ICO project must be based on authentic evidence, it cannot just be based on rumors or FUD. There are several parties who spread FUD with the intention that the price of the token falls and they can buy it cheap or indeed from competitors who want to bring down a rival project. Also in this crypto world almost everything is money oriented, sometimes we don't care about the validity of a project.

I agree, FUD about many scam projects has hampered many new projects in sales. Regulations from the government should be issued quickly to prevent scammers from happening and to maintain investor confidence in the cryptocurrency market. If there are government regulations, then investors will get legal certainty
full member
Activity: 983
Merit: 100
October 06, 2019, 11:25:51 PM
Scam or not the ICO project must be based on authentic evidence, it cannot just be based on rumors or FUD. There are several parties who spread FUD with the intention that the price of the token falls and they can buy it cheap or indeed from competitors who want to bring down a rival project. Also in this crypto world almost everything is money oriented, sometimes we don't care about the validity of a project.
sr. member
Activity: 1078
Merit: 270
October 06, 2019, 11:16:48 PM
Many ICO or altcoin is not learn with what experience from ICO or altcoin have been scam before, many cases with scam ICO with lower price after listing, listed on shit exchange market but never become announcement for an ICO owner to build their project at the next time better than other scam ICO or altcoin.
member
Activity: 938
Merit: 14
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October 06, 2019, 10:51:02 PM
Although there are scam ICOs and altcoins but not all can be categorized as scam. Some of the altcoins or ICOs not performing not necessarily mean they are scam but maybe will be lacking some essential components required for the ICO or altcoin to survive and become successful. Always, these factors come from the team experience level, the product, the use case etc of the project.
sr. member
Activity: 1936
Merit: 290
October 06, 2019, 10:47:55 PM
Yes without any doubt i can say same think because lot of people now angry about ICO invest almost many time there face scam project with gone lossing money. We can see at this time no have any strong project available but we know still running lot of fake project just investor killer.
sr. member
Activity: 756
Merit: 268
October 06, 2019, 03:24:43 PM
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.

We cannot really avoid it, ICOs have been here for so long and as the number of the projects being introduced increases, the higher the possibility that most of it will be scam. Some people takd advantage of the independece that was given to them in here that's why if you really want to avoid those frauds, you should be really careful and smart on picking an ICO you would join in.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
October 06, 2019, 03:15:04 PM
It is true that most of the ICOs have disappeared and that the altcoins have lost their value, but I do not think that - at least for most of them - there was an intention to do a scam.
Most have failed simply due to incapacity and mismanagement. It's called "natural selection"
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