Topic: SCAM ICOs, what we can do? - page 10. (Read 7295 times)
Scam ICOs need attention. Scam you need to understand the project. Scam projects can't hurt you. Nobody's forcibly sending you money. The most important feature of ICOs is that they are transparent. You can check the codes from Github. You can ask more experienced friends. Because after we send the money, unfortunately, there is no solution.
We don't know what we can do but still situation if you don't get any good project then you can't jump invest in ICOs. Actually people want follow IEOs service at the running time so why you not yet? Take search a good project with trading roadmap, wp then you can invest.
relying on the whitepaper alone is likely to remain difficult, it all depends on the CEO and the team itself, what we need to do is be careful, don't invest too much money, of course it's very riskyNever relay on just one information from one place, you always need to recheck info you see somewhere on other places, same is with wp. It can be written in hours by some skilled people, it can look like the best possible wp, but in the end it will be just a paper!
What we can do about scams in general is to educate ourselves first, and then to educate others. Just people with knowledge can avoid being trapped, or at least people who know have much more chances to avoid traps, while fools will be trapped by ICO's that have cartoon characters for their developers.
We don't know what we can do but still situation if you don't get any good project then you can't jump invest in ICOs. Actually people want follow IEOs service at the running time so why you not yet? Take search a good project with trading roadmap, wp then you can invest.
relying on the whitepaper alone is likely to remain difficult, it all depends on the CEO and the team itself, what we need to do is be careful, don't invest too much money, of course it's very risky
This is really a pressing issue and as it is we can't do anything to stop it unless there's regulation or best for users to always do proper research before they buy any ICO if not they may likely hang.
If we could do something, we would have done it long ago. Therefore, we can only improve our knowledge and security in order not to get caught by scammers.
That may sound as if we are giving up but we are only recognizing the truth, there is nothing we can do about it because it is a problem way bigger than ourselves, the only solutions that we can implement are individual ones, each person has to decide for themselves what it is the best for them, and if they are fine accepting the huge risk of investing in a scam ico then so be it, but if a person decides that investing in such market is taking a risk that he is not willing to accept then that is fine too. We don't know what we can do but still situation if you don't get any good project then you can't jump invest in ICOs. Actually people want follow IEOs service at the running time so why you not yet? Take search a good project with trading roadmap, wp then you can invest.
All it does matter is how or what we can do in ourselves to screen those scam ICOs. We can be a little more open to the projects what it may bring to us especially their project as understanding their whole program, product or service that they were trying to do and the most important thing is the members or the team if they are reliable enough for you to believe into them.
We don't know what we can do but still situation if you don't get any good project then you can't jump invest in ICOs. Actually people want follow IEOs service at the running time so why you not yet? Take search a good project with trading roadmap, wp then you can invest.
I think people are not invest in ICO, people are now alert for investment funds in ICO, Now trending is IEO And STO, But big think is scam is everywhere not even ICO, before invest in IEO check everything, That's we do. 
IEOs and STOs recently invented are the ways out. The problem is just that despite the rate at which losses were made to ICOs in the past, many people still invest huge sum in it hoping to be extremely rich in a jiffy while they get scammed in the end of the process.
The whole problem of the ico companies market was that the projects were either fraudulent or with weak prospects, which depended more on the professionalism of the team. Not only investors tried to earn a lot of money by investing in ico companies, but project developers sought to get huge benefits from new projects. Based on this, only a thorough analysis can predict the real results of our investments, but today all this activity is practically similar to a game of chance.You know, it's a sad fact and we can't punish or do anything to those scammers.
Because this is a decentralized market, projects without legal documents are still being implemented and investors are still not protected.
That's why we should really have investment knowledge and should invest in a group. It will reduce the risk of investing in fraudulent projects.
Because this is a decentralized market, projects without legal documents are still being implemented and investors are still not protected.
That's why we should really have investment knowledge and should invest in a group. It will reduce the risk of investing in fraudulent projects.
You are partially wrong, we can do something as a punishment to them. Some members are doing that on Scam Acussations board, they were tracking and adding the IP address, Phone number, Image and else as their blacklist. So once they find something fishy, they post it there and explain everything about the fake project which prevents us from getting scammed.
we too can help the others by doing a little research about a new project and report it if you find it fishy, the law is unreachable at this moment even though it is not impossible.
IEOs and STOs recently invented are the ways out. The problem is just that despite the rate at which losses were made to ICOs in the past, many people still invest huge sum in it hoping to be extremely rich in a jiffy while they get scammed in the end of the process.
Hi, recently so many past-ICOs turned into a scam or a deadcoin.
Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
I think we could easily charge them since it was against the law a lot of ICO's are just small company probably about 15 people only and just using their laptop they probably don't even have an office if they are already planning a scam ICO surely all of the details and locations are just all fakes even picture just comes from the internet. But the thing is the investment came from all over the world and if you are from other countries if it almost impossible to charge them or else it is going to be expensive and surely they are hard to find. This is the reason why ICO's advertisement get banned on facebook since a lot of them are just scam. I think we cannot do anything from them since we don't have any international law or anything on the internet what we could do is just warn the investors if we know some project is a scam. Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
you need to carefully consider and analyze the White paper of the project and who represents the team. Scam can be recognized almost from the first glance at the quality of the presentation of the ICO project, well, today it is more profitable to invest in IEO.
True, if for the moment it is indeed more profitable to invest in IEO, because in IEO there is already an exchange party that verifies the project and the project team, although we as followers are also obliged to read the whitepaper of the project that uses the IEO.Sad truth is that we cannot control the SCAM ICO as well as IEO but can always control ourselves from not getting involve with them, let's help ourselves in learning from those staff to stay away from them, so for me better to have a deeper understanding regarding all projects that we wanted to invest before we fully trust them.
you need to carefully consider and analyze the White paper of the project and who represents the team. Scam can be recognized almost from the first glance at the quality of the presentation of the ICO project, well, today it is more profitable to invest in IEO.
True, if for the moment it is indeed more profitable to invest in IEO, because in IEO there is already an exchange party that verifies the project and the project team, although we as followers are also obliged to read the whitepaper of the project that uses the IEO. 
I think if we will just unite and can create a team that will mark the ICOs and their team. Regulating the ICOs is not a bad idea. Not all unsuccessful project means it is a scam. Some investors just don't support the project. I think we need to evaluate them differently.
If we could do something, we would have done it long ago. Therefore, we can only improve our knowledge and security in order not to get caught by scammers.
Yes, and one thing we can really do not get caught by scammers is to avoid unclear projects or programs, because scammers always build projects or programs that are not good for getting new victims. 
I do not now care to ICOs anymore. I told myself before that I will stop patronizing it because of the high risks. Right now, I do not see ICOs that are becoming successful in the market. Analysts and economists do not see ICOs preferable investment anymore. It is better to trade coins that are listed in exchange than to patronize projects like ICOs. Avoiding it can help us to save more money as well as protecting our funds.
you need to carefully consider and analyze the White paper of the project and who represents the team. Scam can be recognized almost from the first glance at the quality of the presentation of the ICO project, well, today it is more profitable to invest in IEO.
We don't need to do anything with them just we need to be careful and choose the write project value planning to to investor participate on their bounty project.
There are separate board and some DT members in this forum trying to create awareness among the forum users to stay away from the scammers.
There are separate board and some DT members in this forum trying to create awareness among the forum users to stay away from the scammers.
I still believe that this forum needs to do more about the scam projects. If Bitcointalk refuses to list their ANN thread, then they won't be able to attract any investment from the users. But as per the current circumstances, almost anyone (even a junior member) can start an ANN thread in this forum. IMO, we should make it mandatory to have escrow, partial bounty payments in ETH/BTC, if anyone wants to post an ANN thread.
Hi, recently so many past-ICOs turned into a scam or a deadcoin.
Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
Is there anything what we can do to punish them? More than 2 years ICOs are scamming us and still people are investing, is this really a world what we want to create?
at present there are very many ICOs that have deceived investors but there is nothing an investor can do to punish these frauds. This is a cryptocurency that has a high risk for investors and the risk is losing assets, so now there are few investors who dare to take the decision to invest in new altcoin. so many current projects fail. and all this is caused by fraudsters or scammers.
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