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Topic: STOP With The ICO Garbage - page 2. (Read 809 times)

full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
April 07, 2019, 11:21:20 AM
I guess we often use garbage on describing ICOs but for me it ain't trash just so happened that we are not observant enough to know what the scam to legit project and I'm only thinking of one big factor, most of the people on the industry just came for the money, that's all and that is also the reason why most of the developers scam because of greediness from the investors.
you're right. but market earnings are a very important factor. After all, cryptocurrency is an investment tool. and people come to make money. this is normal.
member
Activity: 349
Merit: 10
April 07, 2019, 10:52:44 AM
There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD
ICOs have lost much trust and money in investors so they no longer trust it. Therefore, with the current trend, IEO is a trend for them to stabilize and aim for long-term goals. I have just checked your project and found that it is still facing many difficulties. I think this project should have a lot of good partners and better community development.
sr. member
Activity: 770
Merit: 250
April 07, 2019, 10:37:19 AM
I believe the condition of altcoin will surely possible. But the first step would be making sure that the Garbage ICO were securely manage.
So as long as we could manage.
hero member
Activity: 1022
Merit: 500
April 07, 2019, 10:24:19 AM
There are great ICO's and also weak ICO's. This is the reality we need to face with cryptocurrency. That's why every ICO investor should perform due diligence before investing to avoid those weak projects. On the other hand, there were strong ICO's that failed last year due to the fact that they were dragged down by the bearish condition of the market. Now, with the market starting to show good signs, great ICO's will mostly like have a good year.
hero member
Activity: 2324
Merit: 504
April 07, 2019, 09:35:56 AM
Charts actually prove nothing. Why so?
Many of little volume exchanges use fake volume to make it like has huge trade and volume to attract more users to join their platfroms. These were spoken many time by people. Do you think these fake volumes is possible to be happened on the platform you noticed above?
Are you kidding me? he was mentioning that platform so many times and this is a kind advertisement thread only. Any exchange site has the possibility to manipulated its own volume because they are called a centralized exchange site.
sr. member
Activity: 1274
Merit: 267
April 07, 2019, 09:07:02 AM
Charts actually prove nothing. Why so?
Many of little volume exchanges use fake volume to make it like has huge trade and volume to attract more users to join their platfroms. These were spoken many time by people. Do you think these fake volumes is possible to be happened on the platform you noticed above?
hero member
Activity: 2548
Merit: 666
I don't take loans, ask for sig if I ever do.
April 07, 2019, 08:56:44 AM
I guess we often use garbage on describing ICOs but for me it ain't trash just so happened that we are not observant enough to know what the scam to legit project and I'm only thinking of one big factor, most of the people on the industry just came for the money, that's all and that is also the reason why most of the developers scam because of greediness from the investors.
member
Activity: 308
Merit: 10
April 07, 2019, 08:21:58 AM
it is true that now more and more ico is trash and makes investors sick, many projects that are originating "without purpose / quality of poor technology development make ico's image worse
but not everything is bad and we can still get opportunities, so if we can research and choose the right one so the project can run well.

indeed the ICO is currently unknown and many are trapped there so many people are defeated so they don't want to start there again.
copper member
Activity: 42
Merit: 0
LEAFtoken
April 07, 2019, 08:01:50 AM
We're legally registered as ICO, but we are technically an IEO
member
Activity: 191
Merit: 10
April 07, 2019, 08:01:00 AM
it is true that now more and more ico is trash and makes investors sick, many projects that are originating "without purpose / quality of poor technology development make ico's image worse
full member
Activity: 602
Merit: 100
April 07, 2019, 07:59:57 AM
You should have already noticed that cryptocurrencies really fall in price and if you can make a correct conclusion regarding the current situation, then I think that ICO processes are already very outdated, control is needed.
hero member
Activity: 1470
Merit: 504
April 07, 2019, 07:51:50 AM
nowadays, ICO used to be tools for cheating people, we need something new rather than traditional ICO, i think solutions is IEO.
The IEO itself is not one of the advantages or solutions because basically the transparency is also unclear about the IEO between the exchange and the Team. in my opinion the IEO can also be a trend
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
April 07, 2019, 07:36:07 AM
There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD

Investors are doing it now, they prefer to invest when the coin hit the market than waiting for months with uncertainty, this is why so many ICO cannot reach the soft cap, even if the project is very good because they think that ICO sellers and bounty hunters will dump the coin when it the market.
copper member
Activity: 210
Merit: 1
April 07, 2019, 06:52:03 AM
Thats why you always need to make a good investigation of each project, because there are too much fraud projects on the market. However, the numbers of scam projects science the last several months are decreasing.
member
Activity: 630
Merit: 13
April 07, 2019, 06:13:15 AM
nowadays, ICO used to be tools for cheating people, we need something new rather than traditional ICO, i think solutions is IEO.
hero member
Activity: 2772
Merit: 518
★Bitvest.io★ Play Plinko or Invest!
April 07, 2019, 06:07:04 AM
The crypto market in 2018 became ugly and ICOS projects became deadly. On the other hand, ICOS projects scrambled to view campaigns that made investors afraid of ICOS. they are gradually moving to a new form of IEO investment. I also think whether ICOS can continue to live when there are too many problems to solve.
They are absolutely ruining the image of crypto and even affecting legit's ICO program making them down also. And so we can't blame investors not to trust with ICO easily as they'll have bad experience in previous year. As we have this IEO system, they'll might a huge changes of investors look's towards crypto and putting back their trust again, and to try how's profitable they are than of ICO.
sr. member
Activity: 790
Merit: 251
April 07, 2019, 06:02:02 AM
The crypto market in 2018 became ugly and ICOS projects became deadly. On the other hand, ICOS projects scrambled to view campaigns that made investors afraid of ICOS. they are gradually moving to a new form of IEO investment. I also think whether ICOS can continue to live when there are too many problems to solve.
full member
Activity: 546
Merit: 100
April 07, 2019, 05:52:47 AM
The bear market helped the industry to clean off from the ICOs hype and all that garbage, now the exchanges will take care of due diligence projects and putting them on IEO
For now, most ICOs are not like 2017, so investors have been very lazy to buy at the ICO, and at the moment the IEO is the best way to invest. Because the IEO is safer and more profitable.
full member
Activity: 1017
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 07, 2019, 05:45:21 AM
I also do not recommend investing in ICOs. But of late I have realized that there are such projects that have unique vision, strong team and investing in them through ICO will be a big opportunity for investors. So I have started investing through ICOs nowadays. But there should be only good ICOs. So I want to ask investors to go through the projects before investing. As far as the ICO you have mentioned, I do not know about it much. I will definitely check it.
only few ICO that could give their investors profits.most of them was shit projects that no usage at all.they just want to collect money and after that their planned exit scam after listing in exchanges.personally i am prefer investing in binance IEO.
member
Activity: 462
Merit: 10
April 07, 2019, 05:39:11 AM
The bear market helped the industry to clean off from the ICOs hype and all that garbage, now the exchanges will take care of due diligence projects and putting them on IEO
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