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Topic: Why ICO'S Scamed since last year - page 6. (Read 11705 times)

hero member
Activity: 1008
Merit: 500
March 15, 2019, 02:11:50 AM
#95
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??
According to a reliable statistic, up to 85% of ICOs are fraudulent, because scam is easy, the investors themselves lack the knowledge to learn about the project themselves. Just a nice website, a bold idea, some fake photos you can trick millions of dollars.
full member
Activity: 868
Merit: 100
Proof-of-Stake Blockchain Network
February 17, 2019, 09:35:43 AM
#94
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.
member
Activity: 546
Merit: 32
February 17, 2019, 10:22:52 AM
#94
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??
I really don't know the exact reason for that why most of the projects are in scams only maybe the promoters can promote scam project in most of the time if it was reduced then we can choose the good projects only.
sr. member
Activity: 1610
Merit: 372
February 17, 2019, 09:46:14 AM
#93
Unfortunately. This happened because on any fully unformed market, fraudsters get their hands full. Gullible people, looking at the bloody success of the blockchain, were in a hurry to join the general cryptocurrency campaign, but were deceived, and more than once.
member
Activity: 434
Merit: 10
February 17, 2019, 09:25:21 AM
#92
People are greedy and instead of realising project, those are taking your money and getting away buying luxury things and so on.
It is hard, but you have to forget investing in ICOs
full member
Activity: 420
Merit: 100
February 17, 2019, 09:08:06 AM
#91
it's true now that many ico are scammed, they only collect funds from investors then leave without any news, this is what makes many investors think twice about returning investment in ico, actually if ico is really good and there are projects in the real world, investors will interested in investing in the ico.
full member
Activity: 882
Merit: 110
February 17, 2019, 09:06:53 AM
#90
Iico scam because it is caused by Iico, many ico are cheating, cheating and incompetent so that is why investors are hesitant to invest. because 90% ico is scam and cheats
member
Activity: 560
Merit: 10
February 17, 2019, 09:03:53 AM
#89
Its because of the downfall of bitcoin. Just imagine if bitcoin still alive and keep pumping until today, then there will be no scams.
full member
Activity: 350
Merit: 100
February 17, 2019, 08:59:39 AM
#88
Scammers continue to use ICO investment to scam people because of the lack of regulations within the crypto community. That is why some countries have started banning their citizens from participating in any ICO.

That's one of the many factors why majority of ICO's are scammed due to the fact that it's free to make such stuff. It's really very rare to find ICO's that are good and this is probably some experience investors tend to be more vigilant.
I have never seen a really good ICO since 2018 so far, all of them are scam. I have seen a lot of ICOs have been rated well but after a while of operation, the dev team left the project and went on to set up a new project. Obviously these are scam games from ICO to steal investors' money
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
February 17, 2019, 08:54:02 AM
#87
Because of the higher profits people made from crypto in 2017, the scammers attention were drawn there and started using it as a medium to steal people's money.
Yes, Scammers have learned that through ICO investment and the money involved in this are huge. ICO investment appear to be a pot of gold to them and their attention has been drawn there. Scamming has always been there but only last year, this scammers have become more noticeable because they are too many.
full member
Activity: 602
Merit: 100
February 17, 2019, 07:48:44 AM
#86
Scammers continue to use ICO investment to scam people because of the lack of regulations within the crypto community. That is why some countries have started banning their citizens from participating in any ICO.

That's one of the many factors why majority of ICO's are scammed due to the fact that it's free to make such stuff. It's really very rare to find ICO's that are good and this is probably some experience investors tend to be more vigilant.
copper member
Activity: 420
Merit: 2
February 17, 2019, 07:43:54 AM
#85
Because of the higher profits people made from crypto in 2017, the scammers attention were drawn there and started using it as a medium to steal people's money.
member
Activity: 560
Merit: 10
February 17, 2019, 07:40:59 AM
#84
Scammers continue to use ICO investment to scam people because of the lack of regulations within the crypto community. That is why some countries have started banning their citizens from participating in any ICO.
full member
Activity: 700
Merit: 117
February 17, 2019, 06:50:21 AM
#83
The fraud at ICO is striking in its massive nature and diversity, but the bear market has reduced the number of projects to such a minimum that the fraudsters have become cramped, and investors have become more discriminating and do not believe empty promises, and conduct detailed research
It feels how frustrated they are and fraudster still looking for some ways just to scam others. Maybe that's because of the greediness of individuals who wanting to have an easy money and they'll do scamming.
From time to time, they will be minimize if we all committed to stop them and to give awareness to the community. Lets have a work together to have sustainable market.
full member
Activity: 560
Merit: 100
February 17, 2019, 06:30:45 AM
#82
The fraud at ICO is striking in its massive nature and diversity, but the bear market has reduced the number of projects to such a minimum that the fraudsters have become cramped, and investors have become more discriminating and do not believe empty promises, and conduct detailed research
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
January 26, 2019, 06:04:45 AM
#81
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??

Because they want to make a bigger profit from the fund of the investor and I think they are the success to do that. Some project is run away with the money without telling about the project anymore, and they delete the telegram channel which they use to communicate and delete or leave the project. I think it will happen like this again and again and in the future, we will see this again, so we still need to be careful to choose the project.
member
Activity: 252
Merit: 10
January 26, 2019, 05:31:15 AM
#80
Cheating is present everywhere where large sums of money are involved, so it is not surprising that many projects are created only for enrichment, not intending to do anything in the future.
member
Activity: 518
Merit: 11
https://tokensale.bitwings.org
January 26, 2019, 05:25:15 AM
#79
I think is not scamm.but their project is failed not reached their target of token sale for their fund to be next their project.i think bcause many crypto price on exchange is down and make some investor is afraid to buy some ico project .they scarry about failed project and lose their balance at they choose wrong ico project
jr. member
Activity: 532
Merit: 6
January 26, 2019, 05:22:13 AM
#78
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??

Ico rise in 2017 and the numerous hypes of the etherum Blockchain gave a lot of scammers the chance to create meaningless tokens to take advantage of gullible investors

Fast forward 2019 and you would realize that investors are smarter and fake ico drastically reduced
Tho there are still newbies that are cheated
legendary
Activity: 2179
Merit: 1201
January 26, 2019, 04:58:28 AM
#77
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??

I think it's simply scam projects that find investors too simple to invest in a project. They see investors greed, and seize the opportunity to create ghost projects to get investors' money
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