Many ICO / altcoin scams? - page 8. | Bitcointalksearch.org

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legendary

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Quote from: Xxmodded on October 06, 2019, 12:06:17 AM

Not good word to say ICO or altcoin are scam with lower price right now, we need patient for waiting an ICO coin back to higher than ICO price more than one or two years later, always have chance with bitcoin price for all of altcoin ICOs, when bitcoin on the top I sure all of ICO coins back to higher price.

waiting for prices to exceed the ICO price is quite good, but we need to choose a project that is currently still growing. some ICO projects out there currently have no progress. waiting for a coin like that to exceed the ICO price I think is a waste of time.

in fact, when bitcoin prices improve, not all coin prices from ICO go up. it all depends on the project in question. look at the team, and the concept up to now, if the coins you hold are still being developed, that could happen. if not, leave. you know quite a lot of ICOs that have become scams to date.

Genemind

sr. member

Activity: 1596

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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.

Slash61

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Activity: 633

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Quote from: CarnagexD on October 06, 2019, 11:37:27 AM

Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

I have seen a lot of scam ICO projects that's why we need to be good at choosing ICO projects. We have our own decision if you will risk your money on investing in ICO projects but you need to be wisely. In the world of cryptocurrencies, you need to be a risk-taker because being a risk-taker might be the key to your successful life. If you are afraid to lose your money do not invest in cryptocurrencies.

the biggest risk is a scam, then the price drops far below the ICO price. that is often the case with ICO coin investments. that's why I don't do it now. IEO is a pretty good choice than ICO at the moment. although it's not safe, for an asset that is ready to trade, I think investors prefer IEO to ICO.

CarnagexD

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

I have seen a lot of scam ICO projects that's why we need to be good at choosing ICO projects. We have our own decision if you will risk your money on investing in ICO projects but you need to be wisely. In the world of cryptocurrencies, you need to be a risk-taker because being a risk-taker might be the key to your successful life. If you are afraid to lose your money do not invest in cryptocurrencies.

Pen81Agapova

newbie

Activity: 80

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A large number of crooks and scammers in the market is a disaster for the crypto industry. But this does not mean that all new or small projects are necessarily scammers. For example, I actively invest in new projects and sometimes it turns out to make very good money. I invest in coins with the Pos algorithm and sell the resulting coins. thus I have passive income. For example, recently I found a new coin YUSRA GLOBAL (web-site: https://yusra.global and web-wallet: http://app.yusra.global). This coin allows you to receive up to 30% of profit monthly.
Is it bad?

asus09

sr. member

Activity: 1344

Merit: 270

Many altcoin from ICOs have scam because low trusted form owner to get back coin higher than ICOs, they are always look not respond about how coin have lower price without try for listing with big market and use their profit for buy back their coin, its way how to raise up but they do not care about their coin.

Ashong Salonga

sr. member

Activity: 882

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

For me ico this year is not good and worth it unlike last 2017, to be honest a lot of projects now look's like will not be successful or it's look like a scam, but i think in the future many projects will be more better and a lot of people will make a good income again.

whtchocla7e

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This is really true, for a long time I have not seen any project successfully implement an ICO. Some projects are scams, including some real and potential ones but do not raise enough capital to operate. Investors lost confidence in the ICO

onesalt

hero member

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I think it is inappropriate to tell "you did not understand crypto" if people are complaining about fake ICOs. Simply consider the following scenario: I take the idea of very good ICO and copy them. I am advertising the project better than the original idea. So if you understood crypto, would not you invest my project?

The fake ICOs cause "trust problem" to crypto. People are right to complain...

Vinalians

sr. member

Activity: 819

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Quote from: Xxmodded on October 06, 2019, 12:06:17 AM

Not good word to say ICO or altcoin are scam with lower price right now, we need patient for waiting an ICO coin back to higher than ICO price more than one or two years later, always have chance with bitcoin price for all of altcoin ICOs, when bitcoin on the top I sure all of ICO coins back to higher price.

I understand that you are waiting and keeping your patience to those ICO's and Altcoin projects to be published but I must say that almost all of them after the crowdfunding are just turning out to be a scam.
Remember when some experts say that ICO's are now over. The success time of ICO is over but, somehow IEO just arrive and the idea of ICO is still in there so IEO is the best thing that happen. It already a project that keep investors to not invest on ICO instead invest on IEO.
I am wondering if ICO is still the number one investment today, for sure there will be so many millionaires.

Masyudhi

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

Yes indeed, for now many ICOs end up as scams. And therefore, many investors are starting to hesitate to invest in a project because of the many scams. This is cryptocurrency, a free market that everyone can participate in and of course there is always a risk in it. So, everyone must be prepared to face the risks and do something that they think is right to do.

Xxmodded

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Not good word to say ICO or altcoin are scam with lower price right now, we need patient for waiting an ICO coin back to higher than ICO price more than one or two years later, always have chance with bitcoin price for all of altcoin ICOs, when bitcoin on the top I sure all of ICO coins back to higher price.

strickland

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Quote from: Shepard777 on October 05, 2019, 12:27:41 PM

Yes, you are absolutely right, but I can make you happy, as many authorities have already begun to regulate ICO requirements. Over time, as I think you have already noticed, they become smaller as fraudsters with their crooked scam can not enter the market.

Coins would not make me happy. I don't care how much money there is to make with them.

andika2018

member

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

I agree that the cryptocurrency market is a free market but there should be no room for scammers to do the action. Scammers are always everywhere but there are always clear regulatory limits from the authorities and I think cryptocurrency should be regulated by the government

ImSuparmin

full member

Activity: 490

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ICO fraud today is very much, almost 70% of ICO fraud, we as followers are very difficult to find ICO that is truly original, it is very difficult to distinguish which ICO is genuine and which ICO is a scam, there are some people who are greedy using all of this, many investors get losses by investing in ICO, so now investors think again to invest in ICO and of course it will result in the difficulty of crypto to go forward again like 2017.

gbale

jr. member

Activity: 120

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ICO seems to be less trusted by investors, but new ways continue to be pursued, now there is an IEO but that does not mean it is also 100% protected from scams, I think IEO can be trusted if it is done public sale via top exchange

DevilSlayer

sr. member

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

It is now reality that many ICOs are scams, it is the reason why investing ICOs nowadays is not preferable investments because of the high risks that we can face. It is better to buy existing coin than participating in ICOs.

liuqi

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

this is not a new question for this forum but it is so funny why people are complaining instead of moving out of that project. There are many scammers around us and obviously they will try to scam us.
is there is any complaint you just pass that to the correct forum board and people on this forum will anywhere and remove such project out of here.

ven7net

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Quote from: ATSgrowth on September 22, 2019, 05:54:08 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.

Of course, cryptocurrencies were presented and are now being presented with something new, better and reliable. However, not all so simple. Perhaps the very idea of blockchain and cryptocurrencies was originally conceived as a kind of help, for example, for ordinary people, however, the implementation of this idea is a completely different matter. As we can see, far from everyone took advantage of this opportunity. Indeed, there have been a lot of fraudulent ICOs lately and this is very alarming. The main thing is not to forget about the risks and try to study the proposals as much as possible, and then I'm sure you can protect yourself from losses.

lousie9

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Activity: 1680

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Everyone has a different opinion in evaluating something that is still vague in the sense of not understanding everything like ICO today, as we know before that fraud is increasing but it cannot be denied that this is a free market. The most important thing is we can avoid it and make good use of it without harming others, in my opinion ICO is still quite potential..

Topic: Many ICO / altcoin scams? - page 8. (Read 1883 times)