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Topic: why do people buy in the IPO bs (Read 1327 times)

sr. member
Activity: 332
Merit: 250
April 25, 2014, 10:11:09 AM
#21
greedy
legendary
Activity: 1554
Merit: 1000
April 21, 2014, 07:37:22 AM
#20
Because most of the people are stupid. They don't investigate before they invest. They deserve to be scammed anyway.
member
Activity: 79
Merit: 10
April 21, 2014, 06:47:22 AM
#19
Greed. Grabbing the chance of buying sum coins before they accelerate to the stratosphere.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
April 21, 2014, 06:27:43 AM
#18
People r greedy

Never forget 99.8% of all users here are looking for a PROFIT

Investing in IPO's = high hopes for the big bucks. Yes, stupid. Yes, greedy.

QFT
hero member
Activity: 686
Merit: 500
April 21, 2014, 03:29:41 AM
#17
Because a large percentage of people of the world are born Americans.



And a large % of the people of the world do not have big enough brains to realize that when unknown people ask for money, they may never return it back to you.
newbie
Activity: 42
Merit: 0
April 13, 2014, 11:44:28 PM
#16
why do people buy in to the IPO i have seen several dev turn tail and run with your btc and if you do get your coins if you do not sell them when you get them i seen prices fall and you lose money unless you plan on holding them for a long period of time so stop buying in to the IPO bullshit if you want to give your money away me and my wife are trying to save up 6,000$ to put down on a house and if you live in the north carolina area  i will throw a cookout/ house party for you and supply free beer thank you




               BTC  12B85yNka8fQBPQkaFTNchG2oUoJgr8rFj

As one of the devs of Edgecoin I see your frustration with some of the past IPOs. However, begging people to redistribute their IPO money to you isn't going to solve the problem.
full member
Activity: 162
Merit: 100
April 13, 2014, 11:42:04 PM
#15
I have been involved in 4 IPOs and made money on three of them.  I have probably doubled my money.

I stay away from scammy looking coins or coins without some innovative features.  I won't touch things like stackcoin or promethium.

Not all IPOs are bad.  I think a lot of people are careless and get caught up by the hype some IPO developers generate. 

Do you normally sell off some of the coins from an ipo as soon as a decent profit can be made, or did you hold them a long while?

And what do you think of ethereum's ipo?
sr. member
Activity: 602
Merit: 295
Hail Eris!
April 13, 2014, 11:14:17 PM
#14
I have been involved in 4 IPOs and made money on three of them.  I have probably doubled my money.

I stay away from scammy looking coins or coins without some innovative features.  I won't touch things like stackcoin or promethium.

Not all IPOs are bad.  I think a lot of people are careless and get caught up by the hype some IPO developers generate. 
member
Activity: 70
Merit: 10
April 13, 2014, 11:10:02 PM
#13
If the dev teams would do their homework and have actual legal backing like, being incorporated, having a business plan, having a marketing plan; you know what, lots of plans are what it really takes for anything involving investment/labor to actually be worth the money/effort. Plans are a way to assuage potential financial backers that their investment in you is actually meritable, esp at first glance.  I can tell whether I will invest in a coin within minutes of me reading the Pre-ANN or ANN.  If cryptocoin dev teams are not professional out of the gate, I'm sorry, but other coin dev teams are, and I trust them more with my money and mining.    There is way too many low effort coins out there.  Devs should be stars on these coin teams, esp out of the gate.  Plans are a way for backers, fans, new dev/marketing/etc teams, dev teams from other coins to get up to speed on what the coin's vital stats are.

TL;DR give me a lotta plans and talkative devs who can coherently articulate their vision, and then execute said vision competently.  

 

    
full member
Activity: 139
Merit: 100
April 13, 2014, 10:58:26 PM
#12
why do people buy in to the IPO i have seen several dev turn tail and run with your btc and if you do get your coins if you do not sell them when you get them i seen prices fall and you lose money unless you plan on holding them for a long period of time so stop buying in to the IPO bullshit if you want to give your money away me and my wife are trying to save up 6,000$ to put down on a house and if you live in the north carolina area  i will throw a cookout/ house party for you and supply free beer thank you




               BTC  12B85yNka8fQBPQkaFTNchG2oUoJgr8rFj


but if there's really nice coin with new feature ,i think i will pay for it .
full member
Activity: 162
Merit: 100
April 13, 2014, 10:21:38 PM
#11
Something that would be useful for someone like me, who hasn't taken part in any IPO, is if someone went through most of the past IPOs and broke down the profit, or lack of profit, for each one.

It probably would be impossible to do for all of the IPOs ever offered here, but if a reference number could be calculated, it could be useful. Such as how many IPOs resulted in coins selling for a greater price than IPO at launch (or shortly thereafter), how many IPOs made a profit, but only after longterm holding, and how many failed completely. And how many were complete scams where the developers ran away with the money and didn't give any coins at all.

For the majority of cases, it seems like people would just be better off skipping the IPOs and buying coins on the market instead.
newbie
Activity: 34
Merit: 0
April 13, 2014, 10:08:58 PM
#10
desperation lol
hero member
Activity: 1005
Merit: 500
April 13, 2014, 10:04:28 PM
#9
simple answer
If you could go back in time and participate in all ipo this forum you do?
ask a Nexter  Wink
full member
Activity: 126
Merit: 100
April 13, 2014, 08:02:10 AM
#8
bump
sr. member
Activity: 322
Merit: 250
March 26, 2014, 08:49:10 AM
#7
bump Shocked
sr. member
Activity: 322
Merit: 250
March 26, 2014, 06:46:22 AM
#6
bump
sr. member
Activity: 304
Merit: 250
March 26, 2014, 06:06:40 AM
#5
If you want to make a difference ,make a big profit ,Come to join community coin.No pains ,no gains.No IPO ,just need your effort to the big project
member
Activity: 69
Merit: 10
March 26, 2014, 05:51:31 AM
#4
People r greedy

Never forget 99.8% of all users here are looking for a PROFIT

Investing in IPO's = high hopes for the big bucks. Yes, stupid. Yes, greedy.
+1
Greedy makes them easily scammed.
And they are just like Moths to flame, never learn a lesson from all scams.
sr. member
Activity: 322
Merit: 250
March 26, 2014, 05:46:07 AM
#3
bump
full member
Activity: 126
Merit: 100
March 26, 2014, 04:56:06 AM
#2
People r greedy

Never forget 99.8% of all users here are looking for a PROFIT

Investing in IPO's = high hopes for the big bucks. Yes, stupid. Yes, greedy.
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