Prove that you shouldn't rely on icobench and others - page 7.

Wysi

sr. member

Activity: 1638

Merit: 261

Quote from: crazy-pilot on November 15, 2019, 12:33:09 PM

You are completely right. These rating sites are always mistaken or sell good ratings. You always need to do your own research.

Yes I have been spreading awareness about these useless crypto ratings sites are they are biased and just sell ratings for money and trust me many users gets scammed because of they rely on these sites. We can just filter the top rated ICO and check how many have redhead exchanges then we will get answer.

panganib999

hero member

Activity: 1750

Merit: 589

Quote from: Byakuga on November 15, 2019, 05:55:39 AM

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

We have all the resources and its free so we can check it out and do our own research about projects, but we still rely on platforms that would give us quick results since most of us wants everything on an instant. There are some that would say that we can read reviews and use it as references but sometimes its still unreliable, as of now companies, businesses, and projects would spend money for advertisements either they would pay people to do a positive review about their service or products, or invest in payingvprogrammers to make bots that will do it for them.

crazy-pilot

sr. member

Activity: 860

Merit: 253

SmartFi - EARN, LEND & TRADE

You are completely right. These rating sites are always mistaken or sell good ratings. You always need to do your own research.

BChydro

hero member

Activity: 1426

Merit: 506

Quote from: Byakuga on November 15, 2019, 05:55:39 AM

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..
Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

This a fact that you should not trust any review sites as they all accept money to be listed and they will give ratings according to the amount of money you are willing to shell out and this is nothing new and it is going on for a few years and so is the reason you have more ICO review sites and some are developed by the prominent scam managers who were promoting these projects.

target

legendary

Activity: 2282

Merit: 1041

There were scam accusations ragarding some ICO bench advisors which they were asking 3eth for ratings and reviews. Gowithmi probably didn't pay for it that it only got 3.3 to its rating. This thread is just one example of ICO bench accusation https://bitcointalksearch.org/topic/icobench-adviser-douglas-lyonsasking-3-eth-for-fake-rating-5065117

I'm not sure either whether gowithmi had been successful today but I can see they were doing good for their investors and the working product is already launched.

imstillthebest

full member

Activity: 1638

Merit: 122

it maybe have a bad rating on that website but i guess it has a different rating on the other because not all sites are biased .its not just about the money but the owner might also be investigating and he gives his own honest opinion if a project is good or no good . its not bad to open ico rating sites because they also give other infos not just reviews in which you can compare the info easily and save your self the hassel of doing a manual research .

hatshepsut93

legendary

Activity: 3024

Merit: 2148

You can't get a good investment advice for free from a public platform, it has always been the truth - technical analysis, price predictions, altcoins picks and all other advises that you can get from free sites, they all either worthless or straight up malicious. This is why it's a bad idea to tell people to simply "do their own research" when they are newbies - chances are they will think that reading these ICO rating sites counts as research, not knowing how scummy they are.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: Byakuga on November 15, 2019, 05:55:39 AM

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

It is incredible that newbies are still relying on ico rating websites to tell them if a project is good or not, it has been known for years that those websites accept money to give good reviews and I'll not be surprised if they accepted money to give bad reviews to competing projects, it seems that people forget the reason why cryptocurrencies exist at all, you are supposed to rely on yourself and not in a third party otherwise you will be subject to their manipulations.

Palider

hero member

Activity: 1273

Merit: 507

These websites should not be trusted because every ico rating they have here is at the expense of scammers. And because it is their responsibility to rate each ICO they have to put down ICOs that do not pay to them but have low ratings and do not go into too much detail.

like this: https://icobench.com/ico/adbank

DeathProxy

sr. member

Activity: 756

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

Ever since last year ico rating sites have been giving wrong judgments about ICO authenticity. Many that relied on Ico rating sites to invest in ICO are regretting now due to the poor judgement from these ICO rating sites, most of these ico rating sites receive payment from project so that they can give good and proper review about the project irrespective of how scamming the project might be. So to be on the safer side anyone willing to invest in any Ico should noy solely rely on the ratngs from these ico sites buy take out time to make due research on their own

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Lets be real here, there are no absolute parameter to determine which project will turns out succesful or not even all these ico website are actually just grasping the surface of a project and decide the rating based by that. You need to further analyze the project to be more certain and not just following some measly ico list website that's actually unreliable since they are all money generator for anyone who want to advertise their ico project. Instead, by making an analyzation by yourself you will be able to know and learn about ICO even further and therefore expanding your knowledge.

plast555

sr. member

Activity: 951

Merit: 259

Icobench indeed manipulates ICO information.
I have seen many projects that Icobench has served as "successful". In fact, one of these projects disappeared by stealing $ 40 million.
But nobody blamed Icobench for it or made a statement about it.
The name of the project was Brainspace.

caffu chino

member

Activity: 532

Merit: 10

ico's web rating is no longer objective. they are all paid to make good judgments, so don't be surprised if many shit projects have high ratings. from the start I also doubted if they were all credible in reviewing new projects. moreover there is a lot of information that does not match reality, especially about the duration of tokensales. so forget about the ICO rating website, because this is useless.

Apes

sr. member

Activity: 1316

Merit: 257

I have stopped trusting ico website listings. Most of their articles only contain copy and paste information from ICO project white paper, No one really gave an original review of each article in their publication. They are just like billboards ads on the public market.
And some time ago I found an ico that was listed as perfect point but ended up as a scam, where is their responsibility was to provide fake information.

biddicoin

sr. member

Activity: 1077

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

ICObench isnt trusted anymore, most of fake bench by paid from member
investors shouldnt make any investment decision just from it, it is fooled us
read this article would make us know more about this case
This Is How Easy It Is to Buy ICO Ratings — An Investigation

coin-investor

hero member

Activity: 2996

Merit: 598

Leading Crypto Sports Betting & Casino Platform

Quote from: Byakuga on November 15, 2019, 05:55:39 AM

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

I become a bounty hunter of one project that has a very high rating IRONX https://icobench.com/ico/ironx it has a very high rating imagine 4.3 but where did investors and bounty hunters get us, we all got scammed here this project is not getting anywhere and they refuse to list their coins to other exchange, and refuse to sell their token to a much lower price.
So you never trust a rating site they are corrupt and when they see the money they will readily give it high rating.

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: michellee on November 15, 2019, 09:08:03 AM

I never trust the rating because I don't think that will be a true review or honest review from the website rating. We don't know if they really give the review based on the project utilities or the goals that the project wants to reach in the future. Sometimes we can see that the rating only based on how much money people can make if they invest in the project and not how the project will work or what the project can give to people. I think that is because the project wants to invite more investors, so they used that way and pay more to the website rating so their project will look better than the other project.

There are some review in some ICO reviews that are too good to be true, sometime you see that they give good feedbacks on alts that sometimes considered scam in these forum or alts that are duplicate of other alts. I don't know what their basis, is it the projects quality or the projects paid advertisement/marketing amount in them.

Goodvalony

member

Activity: 616

Merit: 16

personally, i don't think people rely on ico/ieo websites now to pick on what to invest in cryptocurrencies. it is a known fact here that some projects due bribe some of these sites to gt high rating. some even went behind the sense to negotiate with crypto ratting websites because of their traffic. most of these sites are no longer after what some projects offers but rather after there money.
the simple advise i can give to anyone is to wait for such project to appear on an exchange first. give a period of 3 to 6 months before you invest, depending on whether you are a long term investor or a short term

DDante

member

Activity: 434

Merit: 19

Quote from: Byakuga on November 15, 2019, 05:55:39 AM

This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on..

Facts
- You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites
- Good projects can get bad rating on them, and that doesn't mean they are bad project..

For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below.

https://icobench.com/ico/gowithmi

The score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating.

Yes you are right and many are aware about this already, the problem is many new crypto investors still follows them to choose projects and they never learn until they lose, as for me i only use icobench to check upcoming projects either ICO or IEO

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

I never trust the rating because I don't think that will be a true review or honest review from the website rating. We don't know if they really give the review based on the project utilities or the goals that the project wants to reach in the future. Sometimes we can see that the rating only based on how much money people can make if they invest in the project and not how the project will work or what the project can give to people. I think that is because the project wants to invite more investors, so they used that way and pay more to the website rating so their project will look better than the other project.

Topic: Prove that you shouldn't rely on icobench and others - page 7. (Read 860 times)