ICO = SCAM
I have laid out countless reasons why .. all of which are ignored.
Why ?
MONEY.
The thing is people with MORE money make LOTS..
Then the little guys co-op the "coin" for a small slice of profits..
..regardless if the "scheme" is legit.
I have pointed out the problem here endlessly and no one cares and no one will comment.
Aside from GTFO.
And why do i have to ?
Shouldn't the greedy hoards of losers here showing up leave ?
They will eventually anyway when they made some money then lost all of it eventually ?
It's a greedy economy in a lawless scammy environment.
And greedy does not end well.
Lecturing these guys is a waste of time.
The best that is going to happen is you will make a smarter scammer and more clever greedy profiteer.
My criticsims here for fours straight years helped these scammer evolved their craft.
OI helped them hone their little game down to a fine science.
@OP you may have recently started posting topics like this but i have been doing it 24/7 for 4 years an i helped theses douche bags evolve and fine tune their scam game.
What have i seen since ?
A never ending list of legends eaten up by greed.
A who's who of Bitcointalk that all lined up for thefts, corruption, greedy etc.
Money and power corrupts which is why i refuse to advocate ICO's.
It is a massive downgrade from the initial distribution of BTC.
If it is not improving on Bitcoins system then it is in fact pure garbage and should be avoided.
REGARDLESS OF HOW MUCH YOU *COULD* MAKE OF THEM.
When i came today i seen the headline theymos put in about the BIP at the top of the page.
I right away was thinking about who CONTROLS Bitcoin.
Then i seen the Altcoin section.
ICO = CENTRALIZATION
And worse.. much much worse.
There is nothing to say.
Nothing to debate.
This is now the scam section.. it's the norm now.
Things changed years ago and Bitcointalk is long dead.
It's a farce now.. a sleazy charade of Greed.
What we see is a decentralized system 51% attacked by bag greedy losers.
This people is the result... a hot dumpster fire of greed.
I get where you are.coming from but in some ways you are part of the problem with such a ridged black and white view. You are the controlled opppsition making anyone who is against icos a blanket extremist. If the world was that dark and sinister you would be the perfect looney opposition the big icos would ask for.
My point is we as a community need to start demanding more from those who walk into crypto community hoping to scoop up all our money. Just like consumers they need us more than we need their tiny roi frankenstein icos. So when the deal from icos only benefits them we got to start saying fuck off to them.
A good starting point is to start demanding a percentage is fairly airdropped at least 30% imo. Or we tell them to fuck off away from the forum. You will be surprised how quickly new icos start doing it.
Fact is bitcointalk could reinforce this for.good of whole community today if they wanted. I mean if outsiders try to take from the community dont they have a responsibility to help us?
Also ico countdown sites should only allow icos with a certain percentage airdropped. And not some shitty signiture campaign.