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Topic: There are too many ICOs - page 2. (Read 1414 times)

member
Activity: 462
Merit: 10
July 07, 2018, 10:20:58 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.

We cannot doing anything about that. The bad ICO will sink by the time, and the good one will rise.
Investors of ICO should be very careful when choosing project they want to contribute.
And always do everyone's research about the project itself, so we cannot be deceived by bad ICOs.
member
Activity: 398
Merit: 10
July 07, 2018, 10:19:52 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.
ICOs are good, when they grow that big, you could expect a very explode market with lots of money flow into
as I know, even there are lots of ICOs this year, people are still investing into ICOs, this year might be the year for coins like that, came from nowhere.
member
Activity: 336
Merit: 10
July 07, 2018, 09:43:07 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.
That's true. The market is getting a lot of new tokens from ICO so that many tokens are useless in the market. And now too many ICOs fail to miss the target because of the lack of investors.
ICO increases but investors are getting smaller.
newbie
Activity: 126
Merit: 0
July 07, 2018, 09:42:46 AM
It will make more ICO failed and will make hard for any new coin which actually good to became success. Also with ICO which became hype, it make more SCAM ICO.
newbie
Activity: 238
Merit: 0
July 07, 2018, 09:33:24 AM
Yes, I agree with you! This market is already oversaturated, but then there will be only more. Will survive only good projects, such as Asura Coin .
full member
Activity: 658
Merit: 100
July 07, 2018, 09:33:12 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.

no, ICO should not be stopped, what ICO wastes should be stopped, doing ICO is the right of every company. but how to choose a good ICO is our job as a participant of the ICO. we can not blame anyone
full member
Activity: 364
Merit: 100
July 07, 2018, 09:29:59 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.

Too many ico's is just fine because it only means that there are a lot of people who are interested on cryptocurrency which makes the price of bitcoins to increase even more because there's always a competition.
sr. member
Activity: 462
Merit: 257
July 07, 2018, 09:25:31 AM
I would start looking at the projects that are based in the United States or other countries that have rules and regulations that have to be followed. I would also see what the structure of the company is, LLC, C-Corp etc. The projects that are going fully legal and have teams based in the country they are operating from are good ways to narrow the scam possibility.
If we think it's natural that many ICO's and I think you'll never be able to stop ICO because with ICO shows that many people already understand the advantages of using and developing projects based on intelligent contract cryptocurrency and when doing ICO project should be very useful and very useful for many people .
full member
Activity: 307
Merit: 102
July 07, 2018, 09:25:17 AM
Telling such things is same like tell peoplo to stop create their own business and go better work for big companies. There are many places where blockchain technology could be implemented, but you right, there are too many really bad/scam ICOs ,they need to be regulated
copper member
Activity: 26
Merit: 0
July 07, 2018, 09:22:50 AM
I would start looking at the projects that are based in the United States or other countries that have rules and regulations that have to be followed. I would also see what the structure of the company is, LLC, C-Corp etc. The projects that are going fully legal and have teams based in the country they are operating from are good ways to narrow the scam possibility.
newbie
Activity: 120
Merit: 0
July 07, 2018, 09:19:40 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.

Yeah and too many ICO means that the cryptocurrency market is getting shittier every single day. There has to be some governing body that checks whether an ICO is legitimate and is feasible. Otherwise, it's just a waste of money and effort and time.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
July 07, 2018, 09:16:28 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.


this is interesting, I guess this is what happens from year to year. the effect of the market is too full with crypto even there are many who do not have good value especially away from ico price. there are now so many bad choices even more so for altcoins that have just come in on the exchange. I think we need something that can be a counterweight
newbie
Activity: 124
Merit: 0
July 07, 2018, 09:13:58 AM
the large number of ICO supports all development of the cryptocurrency and made the appeal for many people, especially many of the ICO that leads to success and bring considerable profits. but still, have to be careful because of the many existing ICO is not a few others fail or cheat.
full member
Activity: 364
Merit: 100
July 07, 2018, 09:05:23 AM
Unnecessary projects will disappear by themselves, because they simply can not collect the necessary amount of money for promotion.
Sometimes too many people are interested in participating in the ICO, whether investors or other participants are likely to be prize hunters. ICO is part of promoting new projects to the world to get more investors. We can take many advantages from ICO. However, some of them may be fraudulent. Therefore, we must be very smart and carefully choose the right ICO.
full member
Activity: 560
Merit: 100
July 07, 2018, 09:04:54 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.


I think it will be very difficult to stop, now there are many and varied innovations in stretcher by ico developers. I think I should agree with you, there are many ico who just want to make quick money and the rest into useless trash. we are in great need of regulation to keep the industry aligned.
member
Activity: 297
Merit: 10
🤖UBEX.COM 🤖
July 07, 2018, 09:00:45 AM
Unnecessary projects will disappear by themselves, because they simply can not collect the necessary amount of money for promotion.
newbie
Activity: 46
Merit: 0
July 07, 2018, 09:00:34 AM
Yes, the ICOs are many though. I don't think the ICOs should be stopped, but rather the seemingly fraudulent ones without a clear project plan or relevance to the society should be stopped. I just hope there will be a way of tracking the fake ICO and bringing the fraudsters to book. I will device a way soon. Hopefully!
full member
Activity: 526
Merit: 100
markaccy.io
July 07, 2018, 08:59:47 AM
Yes that is true, and most ICOs I encounter end up with fraud. But it can not be denied that there are still some ICOs who do the job right and have careful planning. so for the future we must be observant in choosing ICO.
member
Activity: 476
Merit: 10
Student Coin
July 07, 2018, 08:59:39 AM
If there are many ICO`s make sure that there more scam ICO`s so be strictly of you are choosing some ico ,make sure that you have enough knowledge about it and be active in their social media sites like twitter,facebook and most of all telegram.
sr. member
Activity: 1316
Merit: 356
July 07, 2018, 08:55:25 AM
There so many ICOs coming out everyday. The market can't support thousands of ICOS. This has to  stop.
Yes you're right. There are many ICOS coming every so that we don't know exactly if that ICO is legit. Because in my experienced, I scammed by a  ICO project because I think it was really legit but in the end l lost.
Even now, there's some ICOs that still legit so before to give your support on them, read their white paper and follow their news regularly.
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