Should we boycott ICO's ? | Bitcointalksearch.org

htsy585

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Quote from: bittraffic on October 21, 2019, 04:09:30 PM

ICO is just one way of collecting funds from investors, its like IPO when it comes to the Stock Market. The only reason why ICO is now illegal is due to SEC now regulating this market but before it, ICO was good.

Its not the way of collecting funds that we should be boycotting, it should be the team that isn't doing the honest work. There are way to identify them and scam accusation will stop them from doing it over and over.

Openly campaigning for ICO boycott may not work because this is a decentralized market and every trader has his or her investment plan. Boycotting ICOs will only come as a resultant of the negative effects of the campaign on investors pockets but that doesn't mean that all investors are loosing. Some are still making money from ICOs and are hoping it continues. That's the beauty of the market anyway

bittraffic

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ICO is just one way of collecting funds from investors, its like IPO when it comes to the Stock Market. The only reason why ICO is now illegal is due to SEC now regulating this market but before it, ICO was good.

Its not the way of collecting funds that we should be boycotting, it should be the team that isn't doing the honest work. There are way to identify them and scam accusation will stop them from doing it over and over.

seleme

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Quote from: Endikadija on October 21, 2019, 04:53:04 AM

Quote from: michellee on October 21, 2019, 03:45:43 AM

I don't think that it will be necessary to boycott ICO or IEO because if people believe that the ICO or IEO is not profitable to them. The participants will leave the project without taking a look at the back. They don't want to help the project by promoting their project to the public because they cannot get some benefits from the project. The investor will walk away from their project because the investor now becomes smarter than before. The investor has a lot of experience from the previous project, and they don't want to get bad things from the wrong project. The investor doesn't want to lose again in a bad project, especially if they know that the project doesn't have a good future.

In my opinion if that does not need a lot of effort to think about how it's necessary to boycott ico or ieo. in my opinion if we are abandoning such ico or ieo and that has the same meant if we have already boycott such ico. This will not work. Maybe you can boycott that by yourself but another person will have a different opinion than you dude.
There must be the best solution for that and we need such a trusted company that can act as a middleman for ico and ieo.

I don't agree with the offered solution will be feasible for protecting the trustworthiness of the ICOs. Feeding The middleman will only start a new chain of problems that we don't need to solve at the current time. Boycotting the scam projects and the whole crypto initial coin offerings are two different things, everyone can have a special opinion in this case but the solutions don't matter for the wisest scammers.

Bitcoinjheta

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Quote from: Genkotsu on October 19, 2019, 12:18:21 PM

the alternative way to invest in new project is investing on IEO because all of fund are escrow by exchange.
but we can hold or boycot some new project where they decide to launch ico for funding the project, this is the freedom of blockchain community, people can do anything what they want

You have the right thing to do in your own way but you don't have the power to boycott ICO because there are some few project coming from ICO that are still surviving even if the market is experiencing a dip down. Things to learned is that its not a problem of ICO making unworthy or bad thing in thread its people who fooled for.

yulchatar

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Well, usually those who participate in bounty campaigns are not investors and don't participate in ICO. Although I used to invest in projects I liked, in which I was a bounty hunter as well. Now there is no need for a boycott; investors have become cautious and selective. Therefore, as we see, the number of ICO has sharply decreased.

bitgolden

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Quote from: Wysi on October 18, 2019, 01:36:34 PM

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

Do you think people with very good job paying thousands of dollars will waste time advertising bounty projects and working for so long? It is people that are averagely okay or people that have no job doing bounty campaigns, and if we boycott the campaign now as advised by you, what will the person be doing, it still would not add or take away anything from us, so it is better we continue to risk it which I know that surely, out of many projects that we feel is not good, one of them swill surely still turn out to be a very good one.

As a mate said in some of his post, he said that it is better to try than not to try at all, if we don’t try it at all, then we will not be able to get some of those ones that are still worthy of our time, we should just be researching more and be picky about projects.

takngantuk

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Quote from: Wysi on October 18, 2019, 01:36:34 PM

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

Bounty hunters don't have the power to boycott ICO, so even if all the bounty hunters unite in the end nothing has changed. the project is still viable, and may only have a short-term impact. I have often seen projects that deceive bounty hunters, but until now they have survived.

Beloyumi

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i don't know about your ico but i have heard about upcoming IEO for hawk network and you can search and take a part of it, i have put below link to be easy https://twitter.com/Hawk_HKC/status/1185539270456553472

#Darren

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The biggest part of investors is already doing it. When did you hear for the last time that an ICO collected a lot of funds? The last time when this happened was early 2018 and science than IEOs are dominating the market.

Wysi

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Quote from: Endikadija on October 21, 2019, 04:53:04 AM

Quote from: michellee on October 21, 2019, 03:45:43 AM

I don't think that it will be necessary to boycott ICO or IEO because if people believe that the ICO or IEO is not profitable to them. The participants will leave the project without taking a look at the back. They don't want to help the project by promoting their project to the public because they cannot get some benefits from the project. The investor will walk away from their project because the investor now becomes smarter than before. The investor has a lot of experience from the previous project, and they don't want to get bad things from the wrong project. The investor doesn't want to lose again in a bad project, especially if they know that the project doesn't have a good future.

In my opinion if that does not need a lot of effort to think about how it's necessary to boycott ico or ieo. in my opinion if we are abandoning such ico or ieo and that has the same meant if we have already boycott such ico. This will not work. Maybe you can boycott that by yourself but another person will have a different opinion than you dude.
There must be the best solution for that and we need such a trusted company that can act as a middleman for ico and ieo.

We cannot involve a middleman at it might make it look like centralized and there are chances of power abuse of corruption if a 3rd party will verify the ICO & IEO, so it's better to have a relevant team just like moderators to clear the project before they post it here at bitcointalk.org as this is improve the quality of projects listed here and more users will have trust on us.

carlisle1

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Quote from: Wysi on October 18, 2019, 01:36:34 PM

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

why need to boycott when the truth is our Laziness brings to be a victim?from 2017 almost every day there are issues about ICo being scams yet you are joining?added your laziness to not reading the white paper and other details issued by the said project because all you are looking at is the amount of promised bounty?lol stop your bitterness accept the reality that you are not a victim instead you chooses that.

Endikadija

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Quote from: michellee on October 21, 2019, 03:45:43 AM

I don't think that it will be necessary to boycott ICO or IEO because if people believe that the ICO or IEO is not profitable to them. The participants will leave the project without taking a look at the back. They don't want to help the project by promoting their project to the public because they cannot get some benefits from the project. The investor will walk away from their project because the investor now becomes smarter than before. The investor has a lot of experience from the previous project, and they don't want to get bad things from the wrong project. The investor doesn't want to lose again in a bad project, especially if they know that the project doesn't have a good future.

In my opinion if that does not need a lot of effort to think about how it's necessary to boycott ico or ieo. in my opinion if we are abandoning such ico or ieo and that has the same meant if we have already boycott such ico. This will not work. Maybe you can boycott that by yourself but another person will have a different opinion than you dude.
There must be the best solution for that and we need such a trusted company that can act as a middleman for ico and ieo.

finzyoj

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Boycotting is already too much I think, it was intoxicating because you are try to build a resistance against cryptocurrency in general. Each one of us got the will to choose, if you really hate these ICOs then free to leave. If you are already tired of wasting your time and receive sh*tcoins in return then stop it, you cannot change the fact that there still be ICO believers whatever happens.

michellee

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I don't think that it will be necessary to boycott ICO or IEO because if people believe that the ICO or IEO is not profitable to them. The participants will leave the project without taking a look at the back. They don't want to help the project by promoting their project to the public because they cannot get some benefits from the project. The investor will walk away from their project because the investor now becomes smarter than before. The investor has a lot of experience from the previous project, and they don't want to get bad things from the wrong project. The investor doesn't want to lose again in a bad project, especially if they know that the project doesn't have a good future.

o48o

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Quote from: Wysi on October 18, 2019, 01:36:34 PM

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

No, we shouldn't boycott anything. You, and everyone else can do what every you want with your time or money. Not every ico falls under the same scam umbrella that you have encountered.
Think how well Eth ico went and do you own research instead of trying to recruit people to slack the whole ico scene as a whole.
If you want to hurt the scammers, study the projects one by one and offer your findings as a proof of scam instead of bundling them up as one big ico scam party.

Genkotsu

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the alternative way to invest in new project is investing on IEO because all of fund are escrow by exchange.
but we can hold or boycot some new project where they decide to launch ico for funding the project, this is the freedom of blockchain community, people can do anything what they want

Free1bitco.in

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Quote from: Shasha80 on October 19, 2019, 11:58:20 AM

I don't think we need to go that far to have ICO boycot, maybe we are tired of bounty conditions like that
now. But we must be able to control emotions, and think clearly in order to find solutions related to this.
As far as I know, I might be able to start with an IEO project, even so don't just choose IEO randomly, see first
what exchanges they use. The more popular the exchange they use, the more profitable the IEO

seeing so many scammers trying to take advantage of ICOs, and seeing so many ICOs failing and harming their investors, I think some people do want to boycott ICOs. however, I also think that is a bad idea. however there are still quite a lot of developers out there who really want to develop their ideas through ICO.

I would also recommend creating and following a sales system like IEO. I feel that it is easier to identify an IEO than an ICO. Well, IEO does have many advantages over ICO. but, even though it is like that, I do not intend to boycott ICO. I want to see all of this sales development and hope that it will bring a better change.

Shasha80

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I don't think we need to go that far to have ICO boycot, maybe we are tired of bounty conditions like that
now. But we must be able to control emotions, and think clearly in order to find solutions related to this.
As far as I know, I might be able to start with an IEO project, even so don't just choose IEO randomly, see first
what exchanges they use. The more popular the exchange they use, the more profitable the IEO

mdzahed134

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Quote from: Wysi on October 18, 2019, 01:36:34 PM

Most of us have been through this sad phase of life wherein we have wasted our precious time spanning to months on scam projects wherein the either the project turns out to be a scam or else the developers refrain from distributing the tokens to the bounty hunters for first few months after launch and by the time we receive it the value of token is negligible. Should bounty hunters boycott the ICO's and look for alternatives?

ICO market almost dying i think. Even right now also IEO is suffering failed and scam projects. But worthy IEO is paying but most of them will pay after a lot of months likes 4 months to 1 year and when price is 50%-60% will be drop. Really it was very disappointing matter for the hunters who guys wasted their valuable times and efforts. But what is the alternative way for the hunters i don't know which one is effective.

uray

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Quote from: Javi_Anibarro on October 19, 2019, 07:57:18 AM

Boycott ICO because you did not get the money from the bounty is a stupid reason,that is a different story if you are an Investor you have the right to do that.

If you are advertising these bounties without knowing whether it will be a scam or not is a problem and people should stop doing that.

Quote from: Javi_Anibarro on October 19, 2019, 07:57:18 AM

we might see a lot of scams but not all of them are, by boycotting the ICO means we are lessening the chance for cryptocurrency to get adopted widely.

You are wrong, the ICO market has brought a lot of negative attention in the market as billions are lost because of the scammers and no one in the right sense will trust the market and you do not need these shitty projects for the adoption of cryptocurrency.

Quote from: Javi_Anibarro on October 19, 2019, 07:57:18 AM

ICO is needed because it will help an initial project to go further.

ICO is meant to help genuine initial projects but that is not we saw in the past few years, you cannot name a few projects that are still active and alive now.

Topic: Should we boycott ICO's ? (Read 443 times)