Topic: Over 90% of ICOs are a scam - page 7. (Read 4251 times)
When a project starts only team members can push the project to become it successful with the help of investors and bounty hunters, if the project members really want for the success of the project they have predicted in advance what will cause for the failure and error so that as soon as before they start the project, solution and problem solving solution is already ready.
Almost all Indian and Russian ICO is scam. Thanks to such ICO, the market is collapsing. I believe that it is necessary to bring to responsibility the developers of scam projects and deprive them of freedom for at least 10 years.
90% number is too big in my opinion. And I don't think that the ICO that scam of it. I own up to this point not often encounter ICO scam. And ICO I follow always successful. And if you want to invest you should more thoroughly and much analysis. Especially you, the investors who want to invest in ICO.
That said, the number of ICOs that even reach more than 100 is certainly an opportunity for scammers to cheat, choose good and promising ICOs and I suggest investing in mycryptobank.
I think participatin in an ICO is very risky. While the top coins are giving great chances to make easy buying, I don't think investing in ICOs is reasonable in this period.
that is true, but if you want to participate in participating in the ICO, it is better to first examine the ICO that we will invest. because now investing in ICO is very risky. so be more careful when investing 
Agree, specially those ICO that are based on ERC20. Most of them are theft , they jsut want to take and run the money of every investors, I hope this kind of problem will be lessen, because most of the victims on that case are the newbies, those people who are just starting in crypto. How sad is that.
Most ICOs projects are currently based on ERC-20, with so many scam cases, we have to be vigilant, many scam projects certainly make many people disappointed and traumatized, they will never return to crypto because they feel that all projects are scams.
Agree, specially those ICO that are based on ERC20. Most of them are theft , they jsut want to take and run the money of every investors, I hope this kind of problem will be lessen, because most of the victims on that case are the newbies, those people who are just starting in crypto. How sad is that.
Most ICOs projects are currently based on ERC-20, with so many scam cases, we have to be vigilant, many scam projects certainly make many people disappointed and traumatized, they will never return to crypto because they feel that all projects are scams.
Hey ciacio84,
It is pretty upsetting how many ICO's are scams but I think the best advice is the same advice that is passed around these forums everyday: do lots of research and really investigate the team. Most of the projects that are scams are by untrustworthy teams who do not demonstrate their commitment to the project.
Best,
CafeCoin
https://cafe-coin.com/
It is pretty upsetting how many ICO's are scams but I think the best advice is the same advice that is passed around these forums everyday: do lots of research and really investigate the team. Most of the projects that are scams are by untrustworthy teams who do not demonstrate their commitment to the project.
Best,
CafeCoin
https://cafe-coin.com/
Agree, specially those ICO that are based on ERC20. Most of them are theft , they jsut want to take and run the money of every investors, I hope this kind of problem will be lessen, because most of the victims on that case are the newbies, those people who are just starting in crypto. How sad is that.
Thats why i always told everyone to do your own research. I repeat it, do your own research, not do another people research at twitter, youtube, telegram, or many social media. If you do your own research, you will learn how to make smart investment and you will not get scammy by poor people who create scam ICO and scam project.
I think not 90, but 40%. 90% is a very much. I know a lot of ICO that did what they said.
90% is an ideal percentage there's a lot of ICOs that are scam today. And if you think that it's only 40% you can take a look and analyze on how many of them are dead and scams. What are those projects that followed what they've said, good for you but not for others.
I think participatin in an ICO is very risky. While the top coins are giving great chances to make easy buying, I don't think investing in ICOs is reasonable in this period.
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 don't think the situation is that bad although a sizeable percentage of Icos are not real but I think it's something around 50 percent and not 90 percent as you said. As the cryptocurrency world matures, such issues of fake Icos will be addressed with time. So, just be patient and keep an eye on what is happening.
I think not 90, but 40%. 90% is a very much. I know a lot of ICO that did what they said.
I agree that 93% of ICO work dishonestly. Sometimes it seems to me that the percentage of the deceiver is much higher than 93%.
The matter is that you unite not only fraudulent projects, but also projects in which the team does not have sufficient forces for the development of the company, and also do not take into account the fact that during the ico of the company very low activity has investors. This also has a negative impact on the development of the project.
I agree that 93% of ICO work dishonestly. Sometimes it seems to me that the percentage of the deceiver is much higher than 93%.
Yeah i agree with you .. i can see if their ico not escrow you must carefully .. and if you want join ico you must see their ico reached softcap or not so you will get a little risk but you must always follow their official media ..
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.
most of IO is a scam, they ico only give interesting offerers at the beginning of ico but after ico is finished they don't care and tend to let the ico. so I think we have to be careful of ico so as not to get stuck on a scam ico.
People get rekt as a result of the difficulty in maintaining a clear objective when investing. I personally find it uninteresting investing in projects without an MVP. Their plan or development roadmap may be solid, but without an MPV, it makes the whole project look like a sham until proven otherwise. So I got in on MFX and waiting for the development of their mainnet. My target is to own one of their masternodes. Currently, it's just 75k MFX and all set to go.
How much is 75k of their tokens/coins in $ or ETH? I'm also looking for a project with masternodes, but most of them don't seem very impresive to me, though the whole concept of masternodes is amazing.
Sorry I meant 76.5k MFX will get a masternode
Here's the math,
Currently,
1 ETH = 10,150 MFX
76.5k / 10,150 MFX = 7.5369 ETH
at the current price of $362/ETH
It'll cost you
Approx. => $ 2,728.37
That's some cheap entry point you know. And at the risk of shilling, this coin has quite a potential especially with their newfound partnership with Credits CS, Zagg protocol. They are also a member of the Komorebi alliance founded by Ingot - currently in their main sale phase of their TGE having crossed their soft cap by 8.1% (actually raised 40 million in presale).
PS: Mfchain has also achieved their soft cap.
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