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.

ecnalubma

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We have the free well to stop promoting projects if we feel that were just being exploited, boycotting ICO is not the answer and you need a large group of people to support your cause on the other hand you can with yourself and stop promoting them.

robelneo

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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?

Right now the best alternative is Crypto talk forum but you can only get paid 30 posts, and gambling sites promotion but you need a good ranking to participate, I hope we have a good alternatives, because these ICO's is now a never-ending cycle of scamming, the scam section is full of scam report, they never get tired of trying to scam people, because we are vulnerable, because of lack of regulation.

deathcode

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Quote from: gwaposakon on October 19, 2019, 10:18:07 AM

Gone are the days that where investors can trust ICO. Those days ICO was a think and I have experienced investing in many of them before. But sad to say right now it has been a venue of many scammers to deceive people of their money. They are killing the industry that used to give lots of opportunities to many.

Yes, many are scams, but not all of them. if banning an ICO I think it can only be determined by yourself as an investor. unless there is a clear regulation from the government of your country that prohibits the implementation of the ICO project. I don't think it will have a big impact. even IEO has not yet become a solution.

gwaposakon

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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?

Gone are the days that where investors can trust ICO. Those days ICO was a think and I have experienced investing in many of them before. But sad to say right now it has been a venue of many scammers to deceive people of their money. They are killing the industry that used to give lots of opportunities to many.

plast555

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I have never in my life bought a cryptocurrency at the ICO stage. Because rarely has an ICO project gone above the ICO price when it came on the market. Apart from that, almost all of the projects have a minus ROI ratio. So I find it quite wrong to invest in a project at the ICO stage.

There are only exchanges IEOs that can do that. I haven't really followed the others, but the ROI ratio of Binance IEOs looks pretty good. We've even seen some projects make x10 and more

arifteguhr

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Quote from: libert19 on October 19, 2019, 08:41:17 AM

Yes but only garbage ICOs, bounty hunters should be extra cautious on choosing bounty, most of them just go with whatever they see on the first page. Don't get lured by that '$1M in Bounty' or whatever, that is to mislead you. Check project's team profile, previous works, community, what problems project is trying to tackle, etc.

At this time have you found a new project that is not a scam? I do not think so. because most projects that exist today are full of manipulation so that their investors can all be deceived by new ways by the dev. there is no longer a big hope for an ico moment to be able to bounce back

Bitbtc8

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Promoting ICO Projects or investing in ICO Projects won't give you any result other than loss, presently developers should be smarter to know that ICO is no longer on investors mind, instead IEO have win some over, generally almost all investors have lose interest in ICO

jets567

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You can complain all day but as a bounty hunter nothing much you can do aside from staying away and stop promoting them. If you have a bad experience on your previous campaigns then I suggest you take it as a lesson and move-on because there are still a lot of campaigns out there that offering good rewards.

mascherono

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This only one reason isn't accepted. You should provide some other reasons for leaving ICOs right now. Thank you!

masterrex

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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?

Well in that case bounty hunters has nothing to do about it! At first before we join in any ICO and IEO bounties "Terms and Condition" applied including some of the worst condition that it can change the Terms that "written" including the "Rules" anytime they want, So if we agree with that since the very begginning of the campaign Then we have no reason to confront them. Thats because in the very beginning the "Terms and Condition" applied was very disadvantegous to us, So why we still join. that makes it our own fault, thats why for me Boycotting the ICO and IEO is not needed since its our own fault and we are not force to join in any campaign. its our decision ,to lets accept it if we need those campaign. But it was limited to those legitimate ICO's and IEO for those shady ICO's and IEO its should be the right thing to do just Boycott.

Gozie51

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

Doing something like this will only worsen the situation not solve the problem. If you do not want to get scammed again, do not participate in the ICO.

This is what boycott is also. Maybe because op used the word boycott and not stay away or don't participate in a project that you think is boycott.

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.

Bounty hunters too have investment in ICO in form of time used to make posts, share etc. They also expect some good announcement and profit from the project because of their emotional attachment, commitment in other ways. So, they are also investing if not in cash.

libert19

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Yes but only garbage ICOs, bounty hunters should be extra cautious on choosing bounty, most of them just go with whatever they see on the first page. Don't get lured by that '$1M in Bounty' or whatever, that is to mislead you. Check project's team profile, previous works, community, what problems project is trying to tackle, etc.

joseyphil82

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Quote from: erickastella on October 19, 2019, 07:52:49 AM

do not beat all ICO flatly, you try to research / analyze about the project because the developers also do not want something like that maybe they are still stuck in their projects to delay a few months reward for bounty hunter, or you can try switching from bounty hunter to airdrop , because the aidrop task is easy and the payment is very fast than the bounty, that's just my advice.

Your advice is not bad, i used to think that i am the only one seeing this is a better path, airdrops pay faster than bounties and since i started bounties i haven't be able to make a simple 50$ out of bounties since 2018, i am surprised that i was able to make more than 200$ in airdrops

ven7net

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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?

Of course, what you are experiencing, like all of us, for participants in the bounty companies, is the result of the poor work of the project administrators who conduct ICOs and even some IEOs. But that means looking for a replacement? Personally, at the moment I do not see a worthy replacement, of course, if there are any, I ask you to write about them. I believe that the maximum that we can do is simply help identify fraudsters and tell the community about them, as well as do a more thorough study of the project in order to get it out for participation.

ongkok87

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Quote from: Rampagoe004 on October 19, 2019, 08:05:42 AM

Boycotting an ICO is a bad decision because there are still parts of the ICO that we can still count on, we can take action for ICO managers who often manage scam projects, and we report that they no longer deceive gift hunters who have often been victims.

What else can still be relied on from ICO? can you explain because up to now ico is already a lot of fraud going on here so it's better we boycott because there are a lot of harms and no one can be honest now,but it all depends on each person whether they want it or not

aioc

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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?

They should have boycotted these ICO long ago, they are creating a lot of ways to punish and deceive their bounty hunters like delaying their rewards, locking their token and asking to deposit in exchange for their token, from bad it becomes worse, we should stop patronizing ICO now and find better alternative or stop doing bounty totally.

Rampagoe004

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Boycotting an ICO is a bad decision because there are still parts of the ICO that we can still count on, we can take action for ICO managers who often manage scam projects, and we report that they no longer deceive gift hunters who have often been victims.

Javi_Anibarro

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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.
Doing something like this will only worsen the situation not solve the problem. If you do not want to get scammed again, do not participate in the ICO.
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.
ICO is needed because it will help an initial project to go further.

erickastella

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do not beat all ICO flatly, you try to research / analyze about the project because the developers also do not want something like that maybe they are still stuck in their projects to delay a few months reward for bounty hunter, or you can try switching from bounty hunter to airdrop , because the aidrop task is easy and the payment is very fast than the bounty, that's just my advice.

Alexandr Kirichenko

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What's the point? ICO and without us are gradually dying out. I think it will all end by itself soon. And here is find indeed fraudulent projects and to speak about them I think is worth.

barnes13

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Why? I don't think that's necessary because that is not purely the fault of the project. Not only you who don't want the price of the token to fall, but their project team also doesn't want it. You need to know what they can do if all the effort has been done? I know that some projects make the decision to buyback the token on the market so that prices don't fall too far, but when that is done and the market still doesn't want it, they can't do much. What they can do is focus on developing their products so they can have a higher value. But to fix this is not easy, they need time for it.

In one case there was also a fraud committed by the project. The bounty hunters should be more selective in supporting the project and conducting their own research.

Sithara007

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Anyone with brains have decided not to invest in the ICOs anymore. And the effects are visible in the market as well. Earlier, we used to have hundreds of ICOs coming out everyday. But now this number has declined to a few dozen. And this means that the demand for the new ICOs have declined to a bare minimum. Even those ICOs which are listing in the market are not attaining the soft-cap on most cases. Only those in hold of dirty coins (stolen coins or those from illegal sales) are investing in the ICOs now.

trauchot

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For a long time it was necessary to do so, because as soon as cryptocurrency growth ended at the beginning of last year, a very bad situation in the cryptocurrency sphere began, namely, people began to create cryptocurrency companies one after another for money divorce and to this day such companies appear every day and we have to somehow deal with them, but for a start just don’t invest in such companies.

alan2here

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Quote from: Rodeo02 on October 19, 2019, 06:11:24 AM

Quote from: riso2015 on October 19, 2019, 02:14:49 AM

If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.

It will never stop as long as there is investors tje project creating new ICO will continue the every last drop of investors invested in it.

Same as IEO this kind of investment will be profitable only for short term, once the trend ended all of the IEO coin/token will decrease the price and will not be profitable anymore and more the more of the ICO project is now moving to IEO and small exchnge to list thier token.

Any investment needs to be researched carefully before investing because until now IEO still has great risks and many recent bad projects are appearing at small exchanges. I think investors need to have a specific plan when joining IEO and should verify their development team so they can know what they will do next in the near future. I often participate in AMA at big IEO projects and always have a lot of questions before investing to make sure that project can bring me good profits.

Of course risks can still happen but if the project is positive in the media and there are many new updates then it is definitely a project you should not overlook.

Rodeo02

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Quote from: riso2015 on October 19, 2019, 02:14:49 AM

If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.

It will never stop as long as there is investors tje project creating new ICO will continue the every last drop of investors invested in it.

Same as IEO this kind of investment will be profitable only for short term, once the trend ended all of the IEO coin/token will decrease the price and will not be profitable anymore and more the more of the ICO project is now moving to IEO and small exchnge to list thier token.

max6575

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as more of works from developer gains with attention from public audience the uses on works as the ico gives as further on terms of completion as might with the possession of funds and more on authorization with competence on technical skills and basics of ideal science to cover of needs as completing terms of production.

Gotumoot

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Quote from: lolgato1 on October 18, 2019, 02:07:00 PM

Why? You do not need to invest into ICOs, you do not need to promote them in a bounty campaign. It is a risky way how to earn money, but it is more likely that you will lose money.
ICOs need skill, just like trading, so do not think about it as if it was a gamble.

Unlike ICO and Trading, In ICO when you invest you can lose all your money invested in it. And in Trading your investment value may fall, but you can recover it and you can prevent further loss of the value of your token by selling it.

riso2015

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If you feel that the ICO project is not worth participating, leave it, but I don't think it can stop the ICO because the ICO project will still exist even though many already do not trust him anymore. You can switch to IEO which makes us more comfortable because they are already listed on the Exchange.

Strongkored

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Bounty hunters have different views, certainly not all agree with the boycott ICO, there are those who think yes we should also vice versa, especially if there are ICO's who can provide big money in the near future, I'm sure they will rethink to return to their activities as bounty hunters.

Wysi

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Quote from: boltz on October 18, 2019, 10:00:15 PM

Don't spread hate mate , let em fade away on their own actions. As long as we don't invest into new ICO's, teams will get the message and they will stop promoting projects without any real use case ....in fact maybe there will be a great ICO coming in 2020 , you never now so just watch them without investing.

Yes that's also true we tend to invest our time and money by going through their website and this was our mistake as you have rightly mentioned if we stop investing as well as promoting the new ICO's without a clear prospect then they themselves will learn the lesson in hard way and I just thought of passing a token of cautiousness to the bounty hunter community.

tenakha

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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?

Apart from the 2-3 bounties I have seen since the beginning of this year, everything else is exactly what you are saying. There was even a bounty where my 6week effort was equal to $5. I have not sold any of them but nothing has changed for the better.

I do not think Boycott is gonna work. At least think about what we can do to the bounties who have not given our reward so far: NOTHING!

Murat

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It's a really sad thing that after working a couple of months and weeks when you find that is a scam or fake then it might hurt, but a proper regulation could prevent this situation, boycott is not a solution in this context, it's also a matter of credibility to the general investors, so without checking out properly whether a scam or not, it's not a wise decision to work or invest in the coming ICO's, but it's also stated that there are so many ICO whose are running well and contribute in this cryptocurrency platform, in the bounty campaign, the bounty hunters don't have an option to select or to choose, so after reading whitepaper, we need to select an ICO otherwise it may bring a curse to this platform.

Tylev

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ICO is one of the easiest ways to develop and improve cryptocurrency. ICO activities should be helped to work in a normal way without fraudsters, and not to boycott it. Now the process of legalization of cryptocurrency on the part of states has begun actively and soon the turn will come to the regulation of this type of activity. If ICO teams are checked and registered by government bodies and other measures are taken to protect the rights of investors, the situation with ICO projects will change dramatically for the better. As soon as the level of fraud after the regulation of ICO activity drops, their popularity will rise again.

BlackFor3st

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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?

We should narrow it. We should definitely boycott all the scam ICO's and stop promoting them in the forum to make this forum clean.

And the remaining genuine ICO's, let's support them 100% even if there are very few of them only. As of now, IEO's became more popular compare to ICO's and STO's so I guess this is a good alternative for it. The success rate of IEO's are also good compare to ICO's.

Fredomago

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Quote from: pamsugas on October 18, 2019, 10:40:33 PM

it is impossible to boycott ico for such reasons. there is a risk of bounty hunter in the event of a delay distribution. the bounty hunter should be involved in a bounty research further so that nothing happens, but it is very difficult. bounty hunter can only be patient.

There's no chance for the bounty Hunters to stop chasing those projects that will show up from time to time, even there's a lots of scammers around and it's just wasting hunters time and effort, but in the end there's still participants which willing to take the risk. People will try to seek for chances that will open even if there's a big risk behind, as the chance of not being paid is mostly possible.

cryptoknightt

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I don't think it needs to be done because currently there is a safer IEO and sometimes from IEO you can also get losses, so it is better that ICO still exists so that there are many new platforms that are potentially very potential.

CryptoBry

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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?

I already did months ago, more than a boycott I turned my attention away from those ICO projects. Actually, we are not anymore in the era of ICOs as projects are now preferring to do the IEO way of crowdfunding or doing the whole thing with a good cryptocurrency exchange. However, this can just be an old dog with a new collar as there is no guarantee whatsoever than an IEO project will not be a scam later.

Do you that there are many not-so-reputable exchanges which can accept any project for IEO if they just pay the required fees? That is where the problem lies so the solution is always use a reputable exchange especially those in the top 5 and do not listen to the BS project promoters are peddling. Let's send these bastards a big message they should not forget: We are done with your ICOs so go away and don't come back another day!

pamsugas

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it is impossible to boycott ico for such reasons. there is a risk of bounty hunter in the event of a delay distribution. the bounty hunter should be involved in a bounty research further so that nothing happens, but it is very difficult. bounty hunter can only be patient.

perla

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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?

I think about that, no need to boycott ICO. Because there are no signature is better than ICO before, maybe signature that paid in BTC is much in past. But now it is not much and usually hard to join it because always full participants. For me, paid or not i will keep with bounty.

boltz

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Don't spread hate mate , let em fade away on their own actions. As long as we don't invest into new ICO's, teams will get the message and they will stop promoting projects without any real use case ....in fact maybe there will be a great ICO coming in 2020 , you never now so just watch them without investing.

fortunecrypto

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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?

I think we should we cannot go on like this promoting scam ICO for several months, it's riskier than gambling spending hours and get nothing in return, the best alternative I've known so far is promoting gambling sites like what I'm doing it right or there is a forum called Cryptotalk and they are paying people to post.

Aabcde

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Yes it is very unfortunate this happened. What I mean is that these bounty hunters are tired of promoting their projects, but there is no satisfying reciprocity. I think it's better for the bounty hunters to be paid by BTC, ETH or anything that already has a market price. And of course the requirements for bounty hunters are also tightened to prevent duplicate or multi-account systems. So the bounty hunter also won't damage the price when the coin enters the market.

fuer44

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how do you boycott? a number of ico scams, carrying away funds that have been collected, tokens are not released, prices are below standard, is it already guaranteed or at least an agreement before launching ico to the public between the team and the attorney? no, so there is no legal force capable of punishing scammers. an alternative step is to never help one ico, even though it's good. after that there will definitely be a big change in their system.

Ailmand

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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?

It is up to bounty hunters. Some are still gamblig joinig altcoin bounties even if the chance of getting paid is at it's lowest. But, who knows there are still some bounties out there that are legitimate and paying well. The problem is, bounty hunters are used to joining bounties for a short time with great rewards just like how it was before. ICO is almost dead, and only few investors are risking their money on ICOs which make it less likely to succeed.

asus09

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Quote from: CjMapope on October 18, 2019, 01:43:48 PM

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?

i think for many bounty hunters they may have no choice but to gamble with getting paid and put in the work
the payouts, if successful, can equal many years normal salary in their respective countries Sad

SHOULD they boycott ICOs? we all should, i really like the idea of DAOs, in an ICO the people putting in the money seem to have the LEAST say : /

Bad effect if many investor boycott ICO's because there are not available for joining bounty campaign anymore, I know how investor feel with many time failed with ICO's although success with ICO sale but price always down, you can join ICO's investment but check how their road map running, based on shcedule or they are running ICO's without according the road map.

joshua123

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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?

Hunters have dont choice but to accept this kind of method or terms. What else they can do? Look for an alternative? They will probably be staying since there no other option. Actually I'm confuse with the hunters here. They are so eager regarding payment even the campaign just ended for a day or a two, its like they needed to be updated when is when, in fact the duration is stipulated already in some announcement.

fumblingperch

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Boycott about the ICO just does not make sense, because we will not achieve anything and scammers will appear again and again. But I believe that now and so few people want to invest their money in ICO, because they have long lost confidence among investors.

EastSound

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Quote from: zhekinsp on October 18, 2019, 02:09:08 PM

Atleast bounty hunters need to stop joining from a bounty with not much information about distributing token or the project which has later distribution from investors then they can avoid ending up with long wait for nothing.

But hunters are ready to avoid? People keep joining and keep reporting makes more advantage for the bounty team not to the participants.

Dont worry the rate of participation in bounty is decreasing each passing day. They are learning that it isnt even worth the time because it ends up no payment or a measly payment but most of the time the tokens can't even get listed on exchanges.

Kyraishi

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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?

Even if they say they are going to boycott it, they probably won't. The bounty hunter population is usually desperate for funds and it doesn't matter if they get scammed a couple times, as long as there is a chance of them profiting.

The ICO industry is a lot better now, we actually see decent projects nowadays and since it's died down, there are way less scams in the industry - just use your brain and you'll be able to find the difference between a possible success and a failure.

batang_bitcoin

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

Should bounty hunters boycott the ICO's and look for alternatives?

Only them can answer this. They might abandon and boycott some but if they can't resist themselves to look after those "promising" pool prize, they might eventually join. Time will come that most of the ICOs attention will be drawn to IEO or another scheme of investment in this community and the bounty hunters will go the bandwagon and leave the ico bounty hunting.

Pelunize12

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it's so funny, look like that bounty hunter is very sad because of no payment, scam, or any bad thing happen in ICO
but the investor should be the one who is patheic, they lose money or even much money
and i recognized that happens because as long as 2018 until now, many ICO dont work well, that's why investor are affraid of it

bigcash2011

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I think you have realized this a little too late, i have felt this situation months ago, i still remember how i used to promote dozens of projects through multiple campaigns but now im so discouraged that i have stopped promoting any project especially on social media while i try to only participate in signature campaign after carefully checking a new project but recenty most of them have not worked out as well so it is really disappointing sitution where we cannot do much.

kolonel_x

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Many people don't trust ICO anymore, because ICO has deceived many people, prizes and I joined prizes. See the project. If ICO sales reach the main sale then I will not join the prize. To boycott those who don't pay or distribute there must be a lot of people, if you do it yourself there won't be a boycott.

Senar Gitar

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Yes, I know that, but we did not intentionally if the project we were promoting turned out to be a fraud, in fact we had checked as much detail as possible before joining them. so this sad story is not entirely because of us, but because of those who cannot manage the project properly.
but alternatives such as whether other than promoting the ico project, I personally am not a project investor, a daily trader, or playing dice. I like writing some project content and looking for free tokens through project campaigns.

zhekinsp

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Atleast bounty hunters need to stop joining from a bounty with not much information about distributing token or the project which has later distribution from investors then they can avoid ending up with long wait for nothing.

But hunters are ready to avoid? People keep joining and keep reporting makes more advantage for the bounty team not to the participants.

lolgato1

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Why? You do not need to invest into ICOs, you do not need to promote them in a bounty campaign. It is a risky way how to earn money, but it is more likely that you will lose money.
ICOs need skill, just like trading, so do not think about it as if it was a gamble.

InwardContour

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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?

Honestly it's no longer funny seeing the rate at which ICO projects fail or go on extinction. Reason while before promoting an ICO project or investing, one has to consider many factors. I look critically at team, product, partnerships and backings, tokenomics before investing and also before promoting any project via bounty, I check the reputation of the bounty manager and other factors like allocation and terms & conditions. It's sad to put in a lot of effort promoting a project then at the end negative stories will set in.

CjMapope

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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?

i think for many bounty hunters they may have no choice but to gamble with getting paid and put in the work
the payouts, if successful, can equal many years normal salary in their respective countries Sad

SHOULD they boycott ICOs? we all should, i really like the idea of DAOs, in an ICO the people putting in the money seem to have the LEAST say : /

Wysi

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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?

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