Right, but there must be at least a few good ones in a sea of scams (semi-scams). Just like during the dot com bubble, there were still Yahoo's and Amazon's of the world that prospered!
I would like to see details about how fast and much do these ICOs dump their ETH. Is this available anywhere? Also, future ICOs need to step up and be more transparent about their use of proceeds. Lock-in periods should be added to their Whitepapers.
Why do you think that?
That is like saying there is *good pyramid schemes.
Nope.
They are crooked by design for one thing.
This has been explained in a myriad of ways infinitely so does it need rehashing? Or will common sense suffice?
And my response to this topic is uhhh ohhhhhh.. A nooby is asking questions.
A bad sign hahhahahha
Ever heard of a company being transparent or accountable?
I do believe I have posted about that every single day here non stop.
Further more these are not companies nor are they suppose to be.
Know why Bitcoin is considered good?
Because it's decentralized.
ICO's are not..
They are a perverse scammy downgrade from Bitcoin.
Who buys into a scheme coin run by often small children using nameless forum accounts then does not hold their corporation accountable?
Oh I have a forum account here.. SPOETNIK INC.
WILL YOU ALL GIVE ME 100 MILLION DOLLARS NOW?
In the old days if a coin had a 2% premine everyone screamed scam..
Even if they had a basic ledger showing what the money was *allegedly* spent on..
Now we don't even have a simple bullet point fake list.
This shit is so fucking absurd it's astounding any of you bother even trying to defend it.
There is literally no aspect to any of this ICO bullshit that is defendable.
Yet again.. Some idiot NOOB screeches cawing like a crow..
Ohhhhhh but "some" are good..
Oh yeah? Well, which one?
No ICO has been successful at all in any way.
The closest any have come is Ethereum itself and that has been proven to be scammy in every way possible and with an adoption level that consists of nothing more than it being used as an ICO SCAM coin creation platform.. And if that was the intention of it then it's even more scammy then I ever imagined.
In other words your metric for success for an ICO is Ethereum.
Which by all accounts is a scammy gimmicky failure.
What makes Ethereum a "success"?
It's market price?
All of you out there know that means sweet fuck all.
Any scam coin can be pumped up in price.
This topic shows a guy asking questions..
AKA: He's a FUD'er Trolling... Get him!
Actually it's a sign the facade is being exposed.
The ICO charade is cracking.
Just wait for the momentum to swing in the other direction.