Unfinished Projects - page 2. | Bitcointalksearch.org

Jancuki

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Quote from: DDante on February 27, 2020, 02:14:12 AM

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

Maybe for the time being, it's safer to participate in IEO, and even then it doesn't guarantee the project's success. Unfortunately, now I am a bit hesitant about participating in ICO / IEO, because most new projects tend to be less convincing and can even end in secrecy. For now I prefer investments that are already listed on the exchange. maybe this is the best way for now.

AutomaticTrade254

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Before you invest in any projects that you going to investing do some research you need to think before any investment. Lots of projects didn't see the light of success because of their team strategy and then market started it's down turn result . I will take my time and hard study on a project in depth fully than be hurry and invest my money in it and beware of Unfinished Projects .

rdewilde

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Quote from: DDante on February 27, 2020, 02:14:12 AM

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

You just stated the whole truth, there are many projects doing this every now and then because they have come to understand that once most investors sees they have already started working on something they will invest with the hope that the project will continue working and improving but it always doesn't workout well. Nowadays we see projects which accesses enough funding from public sale, only to end up having very terrible volume with nothing absolutely to account for, meaning they abandoned everything. Thus showing that, only a very few number of projects starts something, get funding and still continues; if only many are truthfully working on the idea they started with, the blockchain world would have gone far, nevertheless blockchain will continue growing.

Bitcoinislife09

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Quote from: JCviggen on February 27, 2020, 12:02:34 PM

the same way you need to think before you invest in any projects that have a finished product. this of course increases your chances of success but still does not give any guarantee. you need to think before any investment.

There are so many unfinished projects because of scam. Many investors are investing their money because they are scammed by amateur people who are pretending to be a bitcoin expert. By that they are accepting projects even though their knowledge is not enough for it. With that projects are left unfinished. Many investors are hanged out because of the people like this. As an investor you must choose the best person that you believe can work in your project with passion and loyalty. By that you can make sure that your project would be successful.

It just lead to same problem at all the times since their are no interested investors in their project their will be no enough funds to continue the project leaving this unfinished projects. Roadmaps,whitepaper etc. was already not trusted at this times.

Lanatsa

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Quote from: DDante on February 27, 2020, 02:14:12 AM

Since 2018 I have seen many new projects that come into crypto space with half plan and got the rest on roadmap, developers should stop this bad habit of introducing projects that aren't finished yet because many of them only get abandoned in the end, some have bad intent of grabbing money from ICO or fundraising and run away

To all investors out there think twice before you invest your money on projects that have promising future but haven't reached half way of production already, they are mostly red flags

When trying to invest a certain project then its just normal for you to have that common step which is to research everything from Roadmap,WP and goes to the team behind the project.

This is why ICO becomes shit after the year 2017 or in 1st quarter of 2018 due to lots of frauds and scam projects.Some are just good when doing their initial phase
and then later on they do abandon their project and leave their investors hanging on the air.

Some are having good concepts but it end up failure due to lack of support.

killerfrost

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Quote from: hahay on April 10, 2020, 10:13:28 AM

It is also one of the many factors that makes the image of bounties and other projects worse and also, over time the market collapses to make conditions worse. In this case, nothing can prevent investors from investing and therefore, the more projects that are not completed, the more investors are trapped, be careful and think ahead with wiser decisions before you use your money to invest.

It is best not to invest in new projects at this stage. We should look at the top altcoins in this market and invest in them because it's a lot safer than new projects. If investing in new projects, it would be a waste of our time and our money

hahay

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It is also one of the many factors that makes the image of bounties and other projects worse and also, over time the market collapses to make conditions worse. In this case, nothing can prevent investors from investing and therefore, the more projects that are not completed, the more investors are trapped, be careful and think ahead with wiser decisions before you use your money to invest.

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Quote from: Esterklu on April 10, 2020, 09:53:07 AM

Yes, and the result of what you have said is almost zero interest in ICOs today. People have become more circumspect, though those who like to take risks will always be there.

this is the result when many ico and projects stop in the middle of the road which ultimately makes investors and the popes not interested in various kinds of ico or projects anymore because they are already disappointed because project scams often occur.

Esterklu

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Yes, and the result of what you have said is almost zero interest in ICOs today. People have become more circumspect, though those who like to take risks will always be there.

minairia3

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Quote from: wingfield_crypto on April 10, 2020, 03:47:23 AM

It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects.

Not all, some are honest when it comes to delay and probably due to lack of funds. But I can see that you are referring to scam shit projects. I am familiar with Miracle Tele, at first I thought it could be a good and competitor to those famous project cause they are really serious on launching their sim and how the process of stacking works. Even some of my colleague invest and earning weekly but what the team did was sabotage and left it dying. Anyway if your planning to invest on such platform I suggest pick an IEO with major exchange such as Binance to be safe on these types of platform.

FairUser

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Quote from: nreal on April 10, 2020, 09:39:18 AM

You can't ask for such an action because it's meaningless. Instead of expecting others to do good, we need to change ourselves, we should learn about the project and we shouldn't promote or invest in weak projects

You are right, we cannot invest in weak projects and hope they can be good in the future. We have to change ourselves, we have to choose good projects from the beginning to invest. And to be able to choose good projects, we should learn and have a lot of experience analyzing projects

nreal

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You can't ask for such an action because it's meaningless. Instead of expecting others to do good, we need to change ourselves, we should learn about the project and we shouldn't promote or invest in weak projects

FrozenBit

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Quote from: bittick on April 10, 2020, 05:28:18 AM

Quote from: wingfield_crypto on April 10, 2020, 03:47:23 AM

It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.

The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project.

There has been a lot of analysis about the projects, there are many well-evaluated projects in this market. Even it was in the top 100 coinmarketcap but after a while, those projects became scam. Obviously we can never know the future of altcoin, and if we want to invest in it, we have to take risks.

mersal

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Quote from: Twinkledoe on April 09, 2020, 06:19:56 PM

Quote from: Kasabus on April 09, 2020, 06:12:59 PM

Quote from: mersal on April 09, 2020, 01:05:05 PM

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.

Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

Very few projects can achieve now their ICO targets. Because people are now smarter and to add the fact that we are now facing global economic crisis, I don't think this is a good time for a blockchain project to hold crowdsourcing. If they have good foundation and intentions, and if they see that their platform will be a hit, they can always tap the private sector to fund their developments. In that way, they may have the chance to launch their project even without the help from the community.

Private sales are also not good as we expected so many investors completely skipped new projects from their investment plans and stuck with trending altcoins and bitcoin so they can make money without taking much risks.

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Quote from: bittick on April 10, 2020, 05:28:18 AM

Quote from: wingfield_crypto on April 10, 2020, 03:47:23 AM

It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.

The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project.

All the information can be seen online, they just need to based on a lot of sites and not limit the information they will look on one site only.
Newbie will most likely fall as victim of scam, but if they will investigate or research hard enough, they can prevent that, they don't need to make mistakes and learn from it, they can learn from other people's mistake which I'm sure we can find a lot testimonies and feedback online.

bittick

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Quote from: wingfield_crypto on April 10, 2020, 03:47:23 AM

It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.

The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project.

wingfield_crypto

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It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.

pikkie

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Quote from: Kasabus on April 09, 2020, 06:12:59 PM

Quote from: mersal on April 09, 2020, 01:05:05 PM

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.

Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

many cases of unfinished projects like that and it will only have a negative impact on the bounty campaign or the trust of investors in another project because it will lead to a statement that each cryptocurrency project is not very good anymore and many fail because of many factors.

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Quote from: Kasabus on April 09, 2020, 06:12:59 PM

Quote from: mersal on April 09, 2020, 01:05:05 PM

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.

Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

Very few projects can achieve now their ICO targets. Because people are now smarter and to add the fact that we are now facing global economic crisis, I don't think this is a good time for a blockchain project to hold crowdsourcing. If they have good foundation and intentions, and if they see that their platform will be a hit, they can always tap the private sector to fund their developments. In that way, they may have the chance to launch their project even without the help from the community.

Kasabus

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Quote from: mersal on April 09, 2020, 01:05:05 PM

That is why no people is really interested to invest on the ICOs in 2020.They only come with an idea which is just copied from other existing project with slight changes even they copy their whitepaper and start their fund raising programs so all they were interested is to make money not to deliver their project/product.

Everyone is aware of this already because this is already existing in 2019. This is the reason why investors need to study closely the project before deciding to invest in it because if an unfinished project has raised a good amount, they will be automatically gone without the knowledge of all their investors. Leaving all the investors pennyless which made them very unfortunate.

Topic: Unfinished Projects - page 2. (Read 626 times)