What is the problem of trust in projects? - page 21.

indrakusumaindra

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The Standard Protocol - Solving Inflation

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.

ICO is the new way to fund money and many people are using it for scam. It should be a new way to invest money but what happening is not every one use it for good purpose. ICO should be regulated and im sure if ICO are regulated it will make Investing in ico better than now and more safe, With regulation it will also will attract more investors to invest in crypto and i do think regulation is good think to stop many scam on ICO.

Haterstestbtc

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Quote from: gadimbrut on June 04, 2018, 08:27:12 AM

it is currently a lot of ico scam, and I suffered a lot of losses because the price of tokens in exchange cheaper than ICO prices, this year I stopped following ICO because I think follow ICO is just a waste of money. very difficult to find a good ICO at this time

That is not best solution putting ICO to be stop because not all ICO developing in the blockchain are scam. Because as for me there are many ICO's that are potentially and profitable in the end with bigger earning. For the solution that you have experience you better quit on the manager of what mostly your project is follow to avoid losing.

gadimbrut

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Activity: 418

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it is currently a lot of ico scam, and I suffered a lot of losses because the price of tokens in exchange cheaper than ICO prices, this year I stopped following ICO because I think follow ICO is just a waste of money. very difficult to find a good ICO at this time

@hosimanaka

newbie

Activity: 154

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If you trust the project, you should consider carefully in the community, potential projects they have real community, questions related to the project, the most practical and necessary questions. Not the question is not flabbergasted. Second you have to check the management team, they have the social networking site clear and clear photos. The project has clear details about selling tokens ... etc

manismanja

member

Activity: 518

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most of the confidence issues that are problematic in the cryptocurrency world project are from the products they provide sometimes are not very clear and the absence of MVP is a problem as well.

Btcallans

newbie

Activity: 140

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The problem of trust in cryptocurrency investing is not limited to outright scams. Many projects use aggressive strategies of shilling, buying reviews and rankings, or are caught in the awkward position of having over-promised. Sometimes mass amounts of misinformation being fed to investors and the volume of noise in the industry can also caused trust problem. Thus, the problem with scams, fraud, shills, etc, is a problem of TRUST…the lack thereof.

iged_war

sr. member

Activity: 882

Merit: 250

Quote from: spongegar on June 04, 2018, 02:51:50 AM

Well that is true. Personally I've been tricked into buying an ICO. In the end the coin wasn't successful and I don't have anything to show for. Now i actually buy alt coins only if it has been 2-3 months after their ICO. I'm pretty sure the price is higher but i wouldn't want to be a fool by joining an ICO again.

experience and observation give us big impact. buying coin or token in ico stages have big risk.better buy it in market that usually give big discount.

spongegar

full member

Activity: 476

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Well that is true. Personally I've been tricked into buying an ICO. In the end the coin wasn't successful and I don't have anything to show for. Now i actually buy alt coins only if it has been 2-3 months after their ICO. I'm pretty sure the price is higher but i wouldn't want to be a fool by joining an ICO again.

BLAST2MARS

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Activity: 490

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Quote from: Komorhan on April 27, 2018, 10:10:06 AM

There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.

So in short, you just want put and end to all of these? I really hate a lot of frauds that has happened in crypto but you sound like you made a bad decision and want them to pay by stopping all of these projects. You can leave if you want because there's legit project here that are not all about the profits.

dharnamonitor

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Activity: 448

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When something became a trend most of the people will take advantage of it and some of those good ICOs are being marked as a scam too without knowing the team and the goal behind the projects. There are also failed projects which is different from a purely scam project that makes it harder to invest.

breathlessz

member

Activity: 770

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Trphy.io

Quote from: hsyncl on June 03, 2018, 11:23:58 PM

Many projects are now collecting money instead of actually contributing to the collective, but they have fallen behind. Hundreds and maybe thousands of projects are being produced. I think that a certain criterion should be defined and the promotion of the projects that pass them must be started. Some platforms do these things inside of themselves, but it is still necessary to implement such an implementation.

i think government should start arranging it so that the regulated project is really a good project, so investors are not worried about the scam project. and it is the duty of the government to protect its inhabitants

kipo

member

Activity: 294

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news about the tight control of the industry caused a drop in the value of coins, as investors stopped believing that the crypto currency has a future. This happened in January 2018, when most digital money fell in value - the price of BTC dropped from $ 17,000 to $ 6,000

hsyncl

member

Activity: 322

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Many projects are now collecting money instead of actually contributing to the collective, but they have fallen behind. Hundreds and maybe thousands of projects are being produced. I think that a certain criterion should be defined and the promotion of the projects that pass them must be started. Some platforms do these things inside of themselves, but it is still necessary to implement such an implementation.

Ranly123

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Quote from: Komorhan on April 27, 2018, 10:10:06 AM

There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.

It is not a good idea of stopping the up and coming ICO. Why? Because ICO are the epitome of the start of a current which will be someday be useful as a new technology. Why are you closing your mind that all ICO are scam? It is not healthy for the business in cryptocurrency that we are giving the public false knowledge on ICO.

MintCondition

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Quote from: Zigzagkuy on June 03, 2018, 04:52:37 PM

Although there have been many ICOs in recent months that have scam and hurt many parties. We are hard to stop it. But do not hesitate to be a good ICO and have great goals. There are still many honest ICO there. So do not think that all the ICO's are negative. Keep thinking positively. That's just my opinion.

There will always people who will take advantage on some good things , we should only know what were doing and whom were doing our work with, trust is a must in every projects.

rosepetals

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Quote from: Komorhan on April 27, 2018, 10:10:06 AM

There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.
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Scam projects ruin the trust of bounty hunters and investors because we exerted alot of our time and efforts inorder to gain profit but it failed us because we are being scammed by people that only wants easy money..but there were still profitable ICOS that has great potential and the developers of the projects that were serious in their jobs.I think all we can do is to give sometime to research if the project is legit and the developers background as well.

Zigzagkuy

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Activity: 384

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Although there have been many ICOs in recent months that have scam and hurt many parties. We are hard to stop it. But do not hesitate to be a good ICO and have great goals. There are still many honest ICO there. So do not think that all the ICO's are negative. Keep thinking positively. That's just my opinion.

Glorypaasa

full member

Activity: 420

Merit: 100

Quote from: Komorhan on April 27, 2018, 10:10:06 AM

There are so many scam projects going on. people are now afraid of joining ico.
1. i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.

Better to pick a good ICO project since you are aware that there are many scam project and we cannot stop them to make new crypto, before we invest in ICO just read the white paper first because all of the information is in there and check if it supported by the community by that there's a assurance that the project become success and it will patronize by the people.

xbl1008

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Activity: 322

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well its only natural for the people to be afraid of the unknown and you need trust to prove something, this comes the hard part how can you prove it was a good project to be worth the peoples money, well its a tough job and you will need a lot of time to build this kind of trust you need tons of engagement proving and having a demo of your product to the people what makes it different from the other and just one mistake or one misunderstanding can ruin everything so always be careful.

lelangsabun

newbie

Activity: 140

Merit: 0

yeah right now there has really a lot of ICO that was getting advantages by, peopel who not want responsiblty, many scams are made it worst becuse it just can make a cryptocurrency reputation getting fall and more fall because of those people who greed with money

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