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Topic: Why ICO'S Scamed since last year - page 2. (Read 11705 times)

sr. member
Activity: 1120
Merit: 254
Leading Crypto Sports Betting & Casino Platform
April 25, 2019, 01:25:59 PM
not all ICOs are scams, but most are scams. well, this can be explained because an unprofessional team, as well as ICO, is a fraudulent way to deceive ordinary people. well, for those who don't do research information, of course this can be an advantage for scammers.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
April 25, 2019, 01:24:01 PM
Since the market goes down we meet some ico's that being scammed but not we are facing some success and waiting that many the market recovers to avoid loss price of tokens before it get listed in some exchanges.
Instead, better to hope that the project will be listed instead of thinking of the value being down, chances to increase is possible when its ready inside the exchange, but until that time ico's can still proceed and scam investors money instead of being listed inside exchange, there's lots of cases that happened along the way and until now most of those ico's are still ain't showing any progress.
full member
Activity: 588
Merit: 100
April 25, 2019, 12:45:44 PM
Because in most cases it seems to me that people do not want to do anything, because they just want to get money, but this is hard work and we understand this today, I am sure that it will return to them in a different form.
newbie
Activity: 5
Merit: 1
April 05, 2019, 04:06:20 PM
In this market there were no restrictions and laws, so the scammers cleverly took advantage of this and cheated millions of hamsters. In addition, they did not even want to create a product, rolled out the idea, collected money and hid Embarrassed
hero member
Activity: 1204
Merit: 505
April 05, 2019, 04:03:07 PM
I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??
Nah, fake ICOs can easily be identified, not so easily, but it’s better to take hours in studying an ICO to know if it’s fake than to invest in it and be expecting profit only to be disappointed at the end. But whenever I want to invest in any project I start with checking the team to know if they are truly what they claim to be. I check for their LinkedIn profiles and everything. Then the whitepaper and website follows, then the rest.
full member
Activity: 728
Merit: 139
April 02, 2019, 12:04:15 PM
I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??
Why scammers want to scam other people ? Because this is how they love to make money . They don't want to develop new technologies and work hard for a long time to introduce them into people's lives. They prefer to trick away other people's money, because in most cases such things in the crypto space goes unpunished.
full member
Activity: 2044
Merit: 165
April 02, 2019, 11:55:56 AM
I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??
Many scam projects happen because the ICO market is not yet properly regulated. Also the law protecting the investors are not sufficient so they are complacent.

The people behind majority of the scams are aware that this market wouldn't last long so I think they just took advantage of it before it gets unpopular. They are also aware that many people in this space (including them) just want easy money, so they took advantage of it.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
April 02, 2019, 11:24:46 AM
the initial year of the ICO was where bitcoin had not yet reached high prices so it was still rare for cyberspace people to glance at it, after bitcoin reached its peak at the end of 2017 many people joined cryptocurrency. those who saw the easy opportunity to make their own project, ICO used it to seek profits and deceive others.
member
Activity: 546
Merit: 21
April 02, 2019, 09:46:23 AM
In this world I believe that where money flows in easily will become a target from bad eyes ,this is where scammers comes in ,since 2017 last bullrun ICO has became a target  but alas very soon IEO will eradicate all this present issues
hero member
Activity: 2856
Merit: 578
Leading Crypto Sports Betting & Casino Platform
April 02, 2019, 09:15:04 AM
I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??

Don't worry it will one day cease, because IEO is going to replace this ICO crowdfunding, if there is no regulation happening we shall soon see the demise of ICO in cryptocurrency, because this is the one thing that stopped new people coming in, to cryptocurrency.
full member
Activity: 798
Merit: 101
April 02, 2019, 06:18:45 AM
The reason for ICO is very hot, or mainly greed, making money easy. Last year, the market was very hot. The ICO is very profitable. Many people make money early, but some people make money while others lose money. The market is fair. There is a bull market and a bear market.
member
Activity: 239
Merit: 15
April 02, 2019, 06:14:31 AM
Only small percentage in ICO are really successful in their platform and projects. Majority of them were spotted as scam ICOs. Since last year, I never easily trusted some of them. We can always checked if they are trusted and not just fraud, we can evaluate the team behind the projects and we can easily identify if their project is clean and is possible happen.
sr. member
Activity: 854
Merit: 267
April 02, 2019, 05:04:34 AM
Scammers realized the potential in the crypto and used it as bad. They used ICOs to make money on the short path and reduced confidence in the crypto market.
member
Activity: 560
Merit: 10
“A nexgen decentralized ride hailing ”
April 02, 2019, 04:59:16 AM
they cheat many people to get what they want.
many fraudulent projects occurred from last year to the present, resulting in many people being afraid to start investing in ICO.
but that doesn't mean you don't invest, you have to be careful and choose carefully to avoid fraudulent projects.
member
Activity: 812
Merit: 11
April 02, 2019, 04:08:23 AM
80% of ICOs  in 2018 were exposed as scam projects so this is happening because of anyone can launch a new crypto projects and can hire bounty hunters for promote such projects and can earn in millions this caused the investors to be afraid of investing now even the idea of project looks good.

Indeed, many people create their own coin or token and scamming peoples. I am afraid this can give bad effect to cryptocurrency market and people will thinking crypto is scam market. I am agree if government involved to regulate ICOs to reducing scam ICOs and gain investor trust
sr. member
Activity: 1120
Merit: 254
Leading Crypto Sports Betting & Casino Platform
April 02, 2019, 03:39:05 AM
I think not all the ICO are scamed last year, some other ICO are really affected on the market status, the market last year is really bad and it affect the ICO some other ICO is extended and some are really didnt collect a funds to realised the project that is why it lost and some is turn into scam.
You're right, even though most ICOs are scam, but some ICOs are certainly still very worthy of success. well, there is no particular reason why ICO can be a scam. of course it is caused by someone's greed, or group with instant money.
hero member
Activity: 784
Merit: 502
April 02, 2019, 03:04:01 AM
80% of ICOs  in 2018 were exposed as scam projects so this is happening because of anyone can launch a new crypto projects and can hire bounty hunters for promote such projects and can earn in millions this caused the investors to be afraid of investing now even the idea of project looks good.
copper member
Activity: 232
Merit: 10
April 01, 2019, 12:36:17 PM
I saw since last year lot of ICO's was scammed and project not true. So this situation ICO investor's are not come to cryptocurrency market. Why that project scammed please info anyone??

Maximum projects weren't scam. Most of the projects failed in ICO to raised softcap. Market was not suitable for the investors, so ICO were not successful for most of the projects. Some projects were scams that we can see this trend now.
sr. member
Activity: 1148
Merit: 300
March 27, 2019, 02:27:23 AM
I think not all the ICO are scamed last year, some other ICO are really affected on the market status, the market last year is really bad and it affect the ICO some other ICO is extended and some are really didnt collect a funds to realised the project that is why it lost and some is turn into scam.
hero member
Activity: 1458
Merit: 509
March 27, 2019, 01:20:21 AM
That's because they think that if you are looking for money in cryptocurrency it's very easy and they might think if it's easy work so many bad people always try to find a gap to get a lot of money
Even if they have scammed millions of dollars and that's still not enough and they keep doing it, scammers are idiots person who lacks the skill to do even a little job. They are such a garbage criminal. They have oriented to scam more and more people
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