Over 90% of ICOs are a scam - page 5.

bitekoin

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Quote from: rdtt13 on September 07, 2018, 02:03:55 AM

Quote from: ciacio84 on February 22, 2018, 07:21:55 AM

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

You're right that 90% of ico's are scam because I experienced it myself last time when I invested my money in some money grabber ico . I thought that it was legit because their preparations are good so I trusted it but after a week or so they just lost .

Trade wisely, but the day trading is a really hard game with seasoned experts, you are definitely going to get burned. Go with solid coins or tokens with great promise and teams.
The best altcoins to me will be ICOs that will emerge with tangible projects in 2018.
Now that the mostly weak hands have left or people are more cautious, the market will stabilise towards coins that have more promising techs and solid teams, like MeVu.

atjiat

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Quote from: Cryppy_guyL on September 08, 2018, 02:38:39 PM

Quote from: ciacio84 on February 22, 2018, 07:21:55 AM

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

Unfortunately, I also heard that many say the same thing that 90% of ICO is a Scam. But I wonder, who conducted the study, who said that this percentage is equal to 90. Maybe it's not that bad. But even eating and so, the choice of ICO should be taken very seriously, because no one wants to lose their money.

today the market of ico companies is losing investment appeal. This is very bad for the development of projects, Although projects can be bad not only because of scammers, but also because of a bad team.

Cryppy_guyL

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Quote from: ciacio84 on February 22, 2018, 07:21:55 AM

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

Unfortunately, I also heard that many say the same thing that 90% of ICO is a Scam. But I wonder, who conducted the study, who said that this percentage is equal to 90. Maybe it's not that bad. But even eating and so, the choice of ICO should be taken very seriously, because no one wants to lose their money.

raiderking96

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pantang menyerah

Yes, at present almost all ICOs end up being scam, so in my opinion this is one of the causes of ethereum's price to fall deeply enough, and it is difficult to rise, so if we want to keep investing in an ICO project we must be more careful and use very mature considerations so as not to fall into a scam project.

MorganFreeman41

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You're absolutely right, my friend. It is very necessary to approach with care the choice of the project for participation in the ICO. Especially I advise you to avoid Russian projects-100 % scam.

olumyd

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I think 90% of ICOs are doomed to fail, 90% of ICOs are scams. And 90% of ICOs that make it never survive the first year. The truth about ICOs is that there are a wide array of opportunities but there are but a few of them that can access this opportunity.

Yamdel

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I do not think so. Though I've read, over 50% ICOs fail. Large number of them are scams but 90% is absolutely high and unlikely.

manwithsuit909

newbie

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high risk high profit
that's what learn from investing
well there's still 10% is legit yeah

doanlang

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The first ever coin (ICO) sale has become the focus during the past year, as the technology behind - Blockchain, is constantly being referred to by the media and widely accepted. However, as a relatively easy means to raise capital, at least 5 projects will have a fraudulent project. You should not be too scared, just find a good ICO.

adamlillian

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Quote from: ciacio84 on February 22, 2018, 07:21:55 AM

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

I do not think that number is true. I have been involved in a lot of projects but I was just scammed. These are only projects with high interest rates when investing. There are many other great projects. I think you should improve the analysis of ICO projects.

Nexus77

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Indeed this has become a financing industry for fraud. many people should have been there since the beginning of the year more and more ico but also getting worse because ico sometimes did not care about being able to succeed and there was no news about the next update

rdtt13

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Quote from: ciacio84 on February 22, 2018, 07:21:55 AM

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

You're right that 90% of ico's are scam because I experienced it myself last time when I invested my money in some money grabber ico . I thought that it was legit because their preparations are good so I trusted it but after a week or so they just lost .

1DC

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Quote from: ciacio84 on February 22, 2018, 07:21:55 AM

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

Based on my experience , I gotta say that most of the ico's are scam but it's not like 90% , I think that percentage is too much to say because some of the ico's are legit and can give you some good amount of profits.

qiman

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Many of the ICOS are just startups that are trying to raise capital but on the blockchain in a decentralized manner. The only thing though is we have had a lot of scams of late like Bidium, mostly these are web developer who just put up a website and try to raise funds and then disappear. A lot of these scammers have come form other online scammy places, like revshares, cyclers and hyips. So now they want to cash in on Bitcoin and they create websites to scam us now. Worst part is most of the scams are coming out of Asia, which makes me feel ashamed as I am Chinese. It gives us Asians a bad name. Same with the bounty cheaters, most I have found so far are from Vietnam, again a real shame because Vietnam is a beautiful country!

kolonel_x

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I think only 30% of all ICO is going on and that's not all a scam. there are indeed those who don't get soft caps
some experience regulatory difficulties in their country.
if the price in the market is very far from ico because the BTC and ETH conditions are not stable

Signmd

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I totally agree that 90% of ICO is fraud and collecting money! Many ICOs do not have a good idea and team. If you want to invest in ICO, then you need to carefully study this project. Now there is a lot of ICO in the market and only 10% real!

btcmegastar

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Recently some surveys mentioned 80% of the ICO are scams because they are launching because in order to cheat investors without any actual developments. So we have to be very careful while investing in the ICO's if they start developing many companies will follow them but they are cheating the community.

nurbay

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I think, not 90% of ICO are scams.
There are still many honest and attained ICOs and are said to be successful in creating coins that have good concepts and sell in the market.
I think there must be a policy that regulates the suppression of the spread of ICO that is the scam, this is a step that must be strengthened because if there are still many scams in the ICO project then the ICO will be destroyed because of the lack of investors.

littlestar92

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Yes . However, if we know how to select good projects, it will be more profitable in the future. But to choose good projects and investments is very difficult.

Faraha_JJJ

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Agree with your point, I would say 50% of the ICO don't have any real usage in world, they just raise money to make some useless product. One has to be careful while investing the money on ICO.

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