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Topic: Why do most people consider most ICOs or Altcoins as scams - page 3. (Read 1967 times)

full member
Activity: 149
Merit: 100
On the other hand, bad news is good news isn't it? At least it brings attention.
member
Activity: 84
Merit: 10
Still a mystery to me... Sad
sr. member
Activity: 546
Merit: 250
Maybe a fed.
A lot of them get called a scam because they lack evidence to prove they're real, and there is a whole lot of coins in the past that collected money then disappeared with it.  Recently speaking, everyone is forcing the ICO creator to post a background check (Practically) and deciding from that point onwards.
hero member
Activity: 840
Merit: 501
Many of them consider it as scam because the developer run away or the project that the developer promised is never happening or the feature that being promised is not true, and that is causing people to losing money, ICO is in an early stage of the coin so it cant be predicted, so we always suggest them to do research so they dont become the victim of the developer, but not all ICO are scam
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Why do most people consider most ICOs or Altcoins as scams, even if they not. Inventors work very hard in implementing these coins, they don't deserve to be told that their hard is nothing or its not worth it. Even BTC was once less than a dollar, Look where it is now. So stop lets criticizing other or newly created projects, it's not worth it.

because in the past many ico turned to be a scam in two way, one because the escrow run away, and was a friend of the dev and both were scammers, and another one because the dev dumped on the market and killed the coin, or simply the dev forgets about his coin and the coin remained there for useless trading and die after that, there are many cases of this in the ANN section
newbie
Activity: 27
Merit: 0
That is not a good thing at all, people work very hard to see their projects succeeding, the last they need is people badmouthing and critisizing their projects
sr. member
Activity: 1175
Merit: 275
There are many reasons that could make people to call a coin project scam and this is basically have to do with their past experience in the bitcointalk forum or other related website.

There are some signs that will point to an experienced crypto currencies user that the coin been discussed is a scam or not but this only applicable to the ranks from full member and upward because some people just create a brand new account just to call a project a scam, such words should be disregarded.
newbie
Activity: 5
Merit: 0
Well, People will always talk, but I don't think it's a good thing that they are criticising other people's hard work. If you don't like it, you shouldn't go around and badmouth it. It's not worth it
full member
Activity: 196
Merit: 100
Why do most people consider most ICOs or Altcoins as scams, even if they not. Inventors work very hard in implementing these coins, they don't deserve to be told that their hard is nothing or its not worth it. Even BTC was once less than a dollar, Look where it is now. So stop lets criticizing other or newly created projects, it's not worth it.
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