I think the only way is for people to do proper research and try their best to identify projects which are crap. 90% of the time you can tell a project will fail just by how badly the whitepaper is written.
Project analysis is one of the things we really need to do, so we should consider carefully before investing in any project, thus minimizing the risk of investing in the project. cheating, poor quality. This will make us lose capital. 
Topic: Reducing scam - page 18. (Read 17832 times)
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
No one can be blamed if we're get scammed by an ICO because the ICO itself is not forcing us to buy.
The best thing that we can do to reduce scam is jump deeper to the project before we invested in.
Exactly! Sometimes people are talking about ICO like they are forced to participate. But in fact what is forcing them is their greed alone and nothing else. If you are promised to have 10,000% profit in short period of time maybe you should know better than to dive in. It's a tricky thing actually because some ICOs have had even higher profits, but not in a short period of time, that's for sure.
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
They say that in South Korea they want to legalize Ico, unlike other countries where they are simply banned. Maybe this is the right step to solve such problems, but then the income tax will be introduced, whether investors are ready for this. So you need to solve a lot of questions in order to make a final decision. 
In my opinion, the measures taken by the bounty hunters themselves and the caution of investors reduce the appearance of scam lately!
I'm afraid there's no possibility to reduce scam now. All we can do is to share our experience with the newbies and explain them how to avoid scammers.
I think the only way is for people to do proper research and try their best to identify projects which are crap. 90% of the time you can tell a project will fail just by how badly the whitepaper is written.
As of now one can only rely on careful and thorough personal research and spreading the word of any suspected or known scam.
Yes, it's a very important question, in my opinion should be the regulation of the market ICO is precisely the country where the project is based. Below was the official legal address and required documents, and that it's not a Scam but a real business.
I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.
I ever been as the victim of scam projects. That happens to me a lot. So, I really get disturb and upset actually. Having regulations and laws that working of all about cryptocurrencies, I think it will help to reduce scam. But before that I think we should more careful in choosing projects.
I think what should be done is the moderators should get some kind of guarantee from the projects team of their sincerity before listing them in bitcointalk.org. With this concept any bounty we see on the forum is as good as a real project . Also based on experience you can do some research on the project before you can promote them. You can then know whether to go ahead or not.
I also agree that there should be some body that can determine the projects-fraudsters or not, but for now everything is in our hands and the responsibility for the choice of the project is only ours.
Actually, it's really hard to detect scam ICO's and I do accept that I had been a victim of fraud ICO's in my past participation. However, I just have to accept that it is really part of the cryptocurrency eco system where scam ICO's really exist and just need to continue looking for another opportunity that sooner or later I could be able to get a legitimate one. In my opinion, to be able to reduce scam ICO's,I do suggest that the forum itself should have the first hand to screen the ICO's posting in this forum and it would be much better to have a thorough and strict compliance such that only legit ICO's can manage to operate and can actively make postings in this forum.
In my opinion, the measures taken by the bounty hunters themselves and the caution of investors reduce the appearance of scam lately!
i think they should regulate them and punish the scammer ICO-s, it would be a great example to follow
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
No one can be blamed if we're get scammed by an ICO because the ICO itself is not forcing us to buy.
The best thing that we can do to reduce scam is jump deeper to the project before we invested in.
Actually mostly strategy that can avoid such issues is doing research. Which is very useful especially if you don't have not enough information about the project and etc.. So that's why always bear in mind to make research to reduce scam and to assure your money is very safe.
By creating a regulation for any project that opening an ICO to gain some funding can be a good way to prevent any scam project. It could be able to protect anyone from being scammed, and the potential of scam project will be minimum.
It is necessary to develop general rules for conducting ICO projects. Where would there be guarantees for all investors. This would be a great help to government regulation.
Unfortunately, we will not be able to influence or radically change the situation. It is of course sad. We need to constantly analyze projects to eventually learn to identify the Scam.
Scammers going to jail are the only way to fix fraud or scam. If you really think about it, no one is getting caught that is why scammers are abusing it. They will think that what they were doing is right and will keep on doing it. There should be a process where people who started an ICO will be verified first. Fraud will keep on happening if they don't do something about it.
This is not that simple. Many ICOs, if not most of them, do not have evil intentions from the beginning. Developers and managers of the project genuinely believe that the project will be successful during the first stages and when they fail, I think it would be too harsh to put them in jail for that. Investors have brains of their own and they should use them while choosing which ICO to invest in. Nevertheless, it doesn't mean that creators of intentionally fraudulent projects should not be punished. Yet, I would punish them with forbidding them to start the project, rather than with putting them in jail. And to do that we need a good operating regulatory system.
Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
If you have a dissonant, just look at Whiterpaper because there all the same, and I think that you should not trust them.
Simply there is no lever, impact on them, I already wrote, is an open Scam. Here's a look at my post.
https://bitcointalksearch.org/topic/m.36336445
I have read that regulations and laws are being worked out for icos and crypto in most of the countries especially Australia and Europe is actively working on the regulatory framework, after they implement their regulatory framework for crypto i think many more countries will follow.
This is really needed and I'm hoping it happens soon enough. With this, only genuine ICOs will make it to the market place and losses emanating from such investments will be minimal. So, I'm totally in support of regulations
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