Topic: When ICO rush will stop? - page 2. (Read 1265 times)
ICO rush will stop soon. I think forkcoins are going to be the next ICO. I mean look what just happened with Bitcoin Gold. There was this huge rush and huge marketing campaign and all these people were talking about it, but nothing is coming of it because the devs probably just used it to pump and dump the price. What did people think was going to happen? They're all scams.
most of them are just shady and seems to be scam , so i guess its better if someone can invent a kind of registration method or some kind of system to be able to track who is legit or not.
That is also my thinking. The market is totally overloaded at the moment and nobody, even the freakiest cryptonerd, can monitor all thats going on and seperate the scams from the legit ones. So a system with whitelisting/blacklisting for ICO's would be great, or maybe a general site where people could post redflags of suspicious ICO's would be a start. If you start a thread here, it will most likely not get seen by many people. So a website that is only dedicated to that would be great!
i think the ico will still continue if the dev see there is opportunity to them to create something different to crypto currency worlds and they can give benefits for their investor and customer. if there is nothing that they can do then i think they will not release ico again and they will find a new way to create new coins. but if the dev really wants to make his projects can survive for a long time then the dev need to be focuses with the project and make sure that the project can work properly and gets success.
I think that we can already see a decrease in the amount of ICOs.
And not only that, we can see a decrease in the amount that ICOs are trying to draft.
The first ICOs market cap was very crazy and they tried to draft 100M$ and more, because there are more ICOs now, the competition is much bigger and it makes it harder for an ICO to start with 9 numbers market cap, so they are setting a lower cap which makes the growth potential bigger.
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I think that we can already see a decrease in the amount of ICOs.
lol, i cant see that ico's are decreasing rather its still increasing day by day. ever single day i can see that theres been always a new ico that has been born and some are just popping like a mushroom.though most of them are just shady and seems to be scam , so i guess its better if someone can invent a kind of registration method or some kind of system to be able to track who is legit or not.
Hi, everyone!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
When do think will this rush stop and why?
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
When do think will this rush stop and why?
I think that we can already see a decrease in the amount of ICOs.
And not only that, we can see a decrease in the amount that ICOs are trying to draft.
The first ICOs market cap was very crazy and they tried to draft 100M$ and more, because there are more ICOs now, the competition is much bigger and it makes it harder for an ICO to start with 9 numbers market cap, so they are setting a lower cap which makes the growth potential bigger.
Its more like decentralized crowdfunding and crowdfunding will never stop but rush over ICO specially people being fooled by scam projects must be stopped. There are still many ICOs without any legal registration and no any beta products. Only a plain whitepaper + big promises of profit sharing is being enough to attract millions of dollar which will soon stop when people will realize that not all ICOs will be successful.
The rush will be stopped soon but the ICO process will never stop. it will be more complicated and will look like IPO - with consultants, lawyers and auditors.
I think that we have about 1-1.5y of freedom
I think that we have about 1-1.5y of freedom
Absolutely agree with you. ICO as the means to collect investments for good projects - that is true. Otherwise no one stopped IPOs when their rush ended, did they?
Exactly , all this ICO thingy started few months back and now I see ICO's everywhere . Probably all the new signature Campaigns are promoting their ICO and this is how I come to know about the new 'legit ICOs'. There are many many ICO's in the altcoins bounty section but only a few among them are legit .
If I would not have been part of this forum then I would be completely unaware of that existence of ICO's . I agree that not all ICO's are beneficial for me but sometimes when I read about some I feel interested and feel like using their website or their products. I also come across some useless ICO's who try to do the same things which already few famous firms are doing. So it's kinda useless to use them unless they come across with something unique.
If I would not have been part of this forum then I would be completely unaware of that existence of ICO's . I agree that not all ICO's are beneficial for me but sometimes when I read about some I feel interested and feel like using their website or their products. I also come across some useless ICO's who try to do the same things which already few famous firms are doing. So it's kinda useless to use them unless they come across with something unique.
The rush will be stopped soon but the ICO process will never stop. it will be more complicated and will look like IPO - with consultants, lawyers and auditors.
I think that we have about 1-1.5y of freedom
I think that we have about 1-1.5y of freedom
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When do think will this rush stop and why?
This can only stop when a real committee/panel gets set up by either the community members here or SEC to help verify these projects before they go live, and when it all stops the scammers, it will also ensure that only quality-based ICOs will be up and running for the purpose of everyone's good.
The idea of a panel created by members of this board would be ideal, as only people from the space have the knowledge and understanding to create useful guidelines. But do you think that this can be done completely without regulators? If so, how? I mean, even setting up a panel from members of bitcointalk would not ban scammers from creating icos and advertise them elsewhere (twitter, fb etc.). But regulatory steps could achieve this, as scammers would be scared of going to jail or loosing a lawsuit if they dont keep to their promises. What do you think about it?
Hi, everyone!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
I became familiar with ICO world only 3 months ago, now I see how many new projects have appeared during that period.
I think the amount is enormous, so many different projects even with repeating ideas!
They are popping because they are free to be seen with their "scam" projects (mostly) as nobody is here to regulate them yet, or verify their identities as well as the project they put in front of us. ERC20 or Waves tokens can be easily created with the help of resources available, which helped "scammers" a lot, before.
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When do think will this rush stop and why?
This can only stop when a real committee/panel gets set up by either the community members here or SEC to help verify these projects before they go live, and when it all stops the scammers, it will also ensure that only quality-based ICOs will be up and running for the purpose of everyone's good.
Indeed, a lot of ICO created and not all of them are successful, but people are intrested on investments and easy earnings, of course there is also people who can provide them this oportunities, i think rush can only stop when they will start being unsuccessful and investments will bring you lower amount and goverment regulations can also influence on this
Many people call ICOs a bubble - the next as compared to .com bubble back in 2000.
And what you need to compare - are the figures involved. Right now as we speak ICO rush attrackted too few money. Anything can change quite fast - so try to investigate how much it was in 2000 when .com bubble collapsed - and add inflation and plus the news travels much faster today than it did in 2000.
Fun is guaranteed for sure.
And what you need to compare - are the figures involved. Right now as we speak ICO rush attrackted too few money. Anything can change quite fast - so try to investigate how much it was in 2000 when .com bubble collapsed - and add inflation and plus the news travels much faster today than it did in 2000.
Fun is guaranteed for sure.
Haha! I like your comment about fun!
Thanks, cottagecoin - and by fun I mean that EVEN is the bubble bursts - there still will stand out great ideas companies.
Like who cares what happened back in 2000 - when there is Google.com, Amazon.com and many other great companies are in place and make money.
So that is going to be fun - for those ICO companies to find their place in the business after the burst.
I think the rush will calm down when people become more savy in spotting shitcoin projects. The concept is so new and there are so many new people rushing to the market that their excitement keeps them from educating themselves and doing the proper research.
With time, no doubt the shitcoins will fail. I think these failures will set a standard of what a good ICO should look like. As mass adoption of crypto increases, so will knowledge of how to evaluate ICOs.
With time, no doubt the shitcoins will fail. I think these failures will set a standard of what a good ICO should look like. As mass adoption of crypto increases, so will knowledge of how to evaluate ICOs.
This! Exactly what I was trying to say, juts rephrased. Eighter people will learn it on their own, or they will learn the hard way, if the latter takes place, regulators will step in to prevent worst case scenario for investors (look at china).
When all the countries will start banning ICOs as like China or at least start regulating them. Everyday a new shitcoin appears in the market from some greedy people behind them and many of them are scammers, this is why the market is full of crap now. These ICOs should be regulated in order to make crypto environment better for future.
Yes regulation is necessory fo icos. 
Even though there are so many irrelevant projects offering ICOs, but the very few ones which are legit will always attract investors and as such, ICOs will never come to end. And everyday, there are so many new projects as well.
If every country bans the ICO sale you will be able to find all the ICO projects will be stopped from the forum and elsewhere.
I noticed that recent days there is no many gambling site projects in the forum comparing with the ICO projects.They just promote it and scam the people.
Check the white paper and blog information bro. With that you will be able to get into trusted project dude.
When all the countries will start banning ICOs as like China or at least start regulating them. Everyday a new shitcoin appears in the market from some greedy people behind them and many of them are scammers, this is why the market is full of crap now. These ICOs should be regulated in order to make crypto environment better for future.
Even though there are so many irrelevant projects offering ICOs, but the very few ones which are legit will always attract investors and as such, ICOs will never come to end. And everyday, there are so many new projects as well.
I have no idea but still many icos will come and many icos did great if u take example of lisk, stratis, neo and others.
As long as there are investors willing to risk their money on these ICO projects, it will never stop. Some countries already tried to regulate and ban ICO but it does not slow down the new projects from starting an ICO because there are still millions of dollars being invested on new projects.
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