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Topic: Over 90% of ICOs are a scam - page 15. (Read 4251 times)

full member
Activity: 434
Merit: 101
June 05, 2018, 10:26:39 AM
That sounds so true because for the past couple of months since i started joining bounty campaigns, i admit i always fall to a scam ICO even though i am so convinced about their project by reading their whitepaper and checking for their team. Maybe there are really people who are good at deceiving others.
member
Activity: 392
Merit: 10
June 05, 2018, 01:49:01 AM
For most ordinary investors, although the ICO is let a person get rich potential, but more let a person become cut chives, especially to block chain knowledge related to the lack of necessary cognitive ordinary investors. Therefore, I suggest you do not touch it casually, especially in the current stage of chaos, wind and rain.
newbie
Activity: 4
Merit: 0
June 05, 2018, 01:40:15 AM
Yes. I agree with you very much. But for now, the fastest way to make money is because of this 90% ICO.
member
Activity: 294
Merit: 10
June 05, 2018, 01:23:12 AM
I invested in about 10 projects, but none of them was a scam. But according to statistics, most of them are scam.

Yes, I have been investing and joining bounties in several ICOs but none I have encountered a scam so far. Fortunately, I didn't experienced being scammed by ICOs and hoping that it will not happen to me. I made sure the project is legit by making thorough research about the project. Crypto is risky so we must know to protect ourselves.
full member
Activity: 280
Merit: 102
The revolutionary trading ecosystem
June 05, 2018, 01:11:58 AM
Probably not outright scams as most of them intend to build something. But after not building anything, or giving up easily then yeah I suppose 90%+ are "scams". It is hardly a scam though if the coin or token comes to market and you have a chance to get out, thats why I feel the title is misleading although it may be somewhat true.
full member
Activity: 266
Merit: 100
Prontapay
June 05, 2018, 01:06:30 AM
97% if to be more exact.And only 17%of remaining 3% are successful.So yeah,its a risky game,but worth of it if played accurate
newbie
Activity: 24
Merit: 0
June 05, 2018, 12:04:03 AM
Can't the industry (Crypto) leaders come together and form some regulations to regularise the industry? We know governments can't do the same considering the global forum but wouldn't it be good for the industry itself to collaborate and regularise itself to save from the harm of the SCAMS and other challenges?
member
Activity: 196
Merit: 11
June 04, 2018, 09:23:36 PM
90% is a very high number, 50% is real.
And that is why is very important to choose only the 50% best, but it can be very difficult.
The last big scam was HashCard - seemed very interesting.

Not so. 50% also very high number. We need to spread good thing about crypto so not about scam which will make newbie worry about this. I know we should know the risk before joining here but 50% or 90% is too high number. Scam is not the same with ico fail. Ico project that fail and not scam will return the money to customer if they dont reach the soft cap. Mostly the ico like this and we can say its probably around 60% and 40% success. But that is not scam. Maybe 10% scam is in my number. Scam means, success or not the project, they will run with our money. Thats what i know.
sr. member
Activity: 612
Merit: 250
June 04, 2018, 05:50:11 PM
I think 90% is too high. There are many good ico's that are release in the market. And i gain good income with them. And i think only 40% percent are scam. So we need to study the ico first before we got engaged into it.
Whatever is the number or percent, still a lot of ICOs are risky to invest with. So yeah when you have perfect knowledge and good information of ICOs, you will be able to distinguish between the good and the bas ICOs. Besides, entry of newbie in the market without having good understanding of the market behavior and technology often goes for ICOs with huge risks. They often loose good money and end up calling the technology scam.
sr. member
Activity: 588
Merit: 252
June 04, 2018, 05:48:33 PM
I once again made sure that you should choose projects that advertises ICOdrops. One example is QuarkChain.

The concern I have now is that the space is unfair again, good projects were bought out in the private sale and some that do public sale only allocated few percentage to the public, the last 3 or 4 ICO Iparticipated in started dumping on the exchange after listing
member
Activity: 518
Merit: 11
HODL
June 04, 2018, 05:10:35 PM
Yes, unfortunately it is. But we must learn to choose good projects from this whole garbage. It's not easy, but it's possible. There are a lot of good recommendations on the choice of ICO on this forum.
many people negatively speak about ico companies just because they had a bad experience of participating in which projects. But this should not influence decision-making by many participants. in fact, the Bounty section of companies shows quite a lot of promising projects.
Because calling the ICO project capital is helping many projects get so much money, so many ICO projects are being created to call for investment and most of them are non-quality projects. Markets are getting more and more careful with ICO projects because you can lose or lose money if you invest in ICO scam projects.
member
Activity: 294
Merit: 10
June 04, 2018, 04:46:14 PM
I invested in about 10 projects, but none of them was a scam. But according to statistics, most of them are scam.
full member
Activity: 434
Merit: 100
June 04, 2018, 04:03:14 PM
I once again made sure that you should choose projects that advertises ICOdrops. One example is QuarkChain.
member
Activity: 448
Merit: 10
June 04, 2018, 03:59:15 PM
Yes, unfortunately it is. But we must learn to choose good projects from this whole garbage. It's not easy, but it's possible. There are a lot of good recommendations on the choice of ICO on this forum.
many people negatively speak about ico companies just because they had a bad experience of participating in which projects. But this should not influence decision-making by many participants. in fact, the Bounty section of companies shows quite a lot of promising projects.
full member
Activity: 378
Merit: 100
June 04, 2018, 02:08:35 PM
Yes, unfortunately it is. But we must learn to choose good projects from this whole garbage. It's not easy, but it's possible. There are a lot of good recommendations on the choice of ICO on this forum.
full member
Activity: 406
Merit: 100
June 04, 2018, 01:54:04 PM
I think 90% is too high. There are many good ico's that are release in the market. And i gain good income with them. And i think only 40% percent are scam. So we need to study the ico first before we got engaged into it.
member
Activity: 420
Merit: 18
June 04, 2018, 12:39:35 PM
Before we should say icos are scam but now more and more data research companies came and undermining more icos with fraudulent activities and bring them to light nt to invest category
member
Activity: 392
Merit: 10
Ccfound
June 04, 2018, 12:32:26 PM
every investment has their risk, not only in digital worl in real lifeinvestment you will find the same case with risk. the rest is depending on how we minimize that risk as small as we can even we close the whole chance for that risk...i dont think if founder Etherum would say that 90% of ICO is scam, since ethereum is built to facilitate many new ICO nowadays.
member
Activity: 83
Merit: 11
June 04, 2018, 12:25:44 PM
I do agree to ethereum founder, the ICO just waste your money and dry of your pocket. Don't be lazy to invest on altcoin on market, they more promising than ICO that give you desperation. I think you all clever to choose which one is good. Don't be trapped on ICO ilusion.
member
Activity: 308
Merit: 10
June 04, 2018, 12:19:21 PM
It's not so bad to invest in ICOs'. You just need to normally analyze what is this ICO about.
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