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Topic: Why So Many ICOs — What Does It All Mean? - page 2. (Read 1436 times)

member
Activity: 287
Merit: 10
Wow it does mean only one thing — smart people understand that it is extremely difficult to work on the cryptomarket if you are alone. They join into the groups and find out the ways to earn more.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

Because there are several sucessful ICO's in the market and it makes it more exposed to the investors, putting large amount of money to pump its value. People see this as an opportunity to multiply their investments. And here comes those who wants to grab the opportunity, with the hopes to beat Bitcoin. A lot of ICO's are coming from anywhere, some of them are fake and scam And they are just nuisance and greedy people who wants to take huge volume of money from the crowd fundings.

There is no such thing as a successful ICO.
Unless you mean the scheme drew in plenty of people with cash in hand.
Which is a silly bullshit way to measure "success".
Unless of course you ignore what the thing is and view it as a money making scheme.. like a ponzi / pyramid variant.

Reminds me of the BlockNET kids who said they needed a million dollars in Bitcoin "To ensure it's a success"
newbie
Activity: 28
Merit: 0
I think because we are heading to the another level of technology. Technology is continuously evolving.
The demand of the crypto currencies are already known all over the world.
We just need to go with the flow and adopt. But we should always be cautious to fake/scam coins and learn and observe more on all these digital currencies.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here


Means alot of people are accepting the cryptocurrency platform as a means of raising fund for project and alot are dumping the regular IPO platform
member
Activity: 129
Merit: 10
ico more and more, to some extent also shows that the continuous development of the blockchain it, ico project currently profitable than the traditional industry to be larger, so ico project so more and more.
hero member
Activity: 2590
Merit: 549
Rollbit
The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here

Because there are several sucessful ICO's in the market and it makes it more exposed to the investors, putting large amount of money to pump its value. People see this as an opportunity to multiply their investments. And here comes those who wants to grab the opportunity, with the hopes to beat Bitcoin. A lot of ICO's are coming from anywhere, some of them are fake and scam And they are just nuisance and greedy people who wants to take huge volume of money from the crowd fundings.
full member
Activity: 560
Merit: 105
This means that many ICO's , there are many to invest with , and many to participating with. And many profit will be earned in the ICO's but depends on the ICO a person is joining in. There are many ICO's that are being launched in this past few months but most of them ends in failure or ends with scams. Many ICO's but few of them are legit to invest , it is in the persons choice what ICO that they wants to participate and invest.
full member
Activity: 1250
Merit: 100
Education-Ecosystem
So many ICO's but not all are legit, some are scams.
Be cautious when investing in ICO's.

I think everyone looks ten times at an ICO team and whitepaper before investing. Too many scams out there.
member
Activity: 294
Merit: 19
ICOs have better support from the community than previous years. They are also a means to make money easier - from a scammers prospective.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
So many ICO's but not all are legit, some are scams.
Be cautious when investing in ICO's.

The *some retort.. my favorite  Cheesy
Yup some scams are legit (because you can profit from them)

And to the other guy i say ideology and morality serve a purpose.
The idea is to not reward fraudsters.

You people are insufferable  Roll Eyes
member
Activity: 223
Merit: 10
this ICO is something like a new train, which saws the taste of BTC and which tries to catch BTC train.
member
Activity: 154
Merit: 10
So many ICO's but not all are legit, some are scams.
Be cautious when investing in ICO's.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
ICO is not necessary a bad thing, but it enables easy money with scams.
But in a market with regular trading we can win and we can lost and we don't call that a scam.
It's not same, but it's not so different either.


Wrong NOOB.. it is a bad thing because it's CENTRALIZED.

and... and.. and .

PS:
Watch South Park noobs..



newbie
Activity: 168
Merit: 0
I look at the ICO's as a new wave in an online capital formation. It may look like a bubble currently, but it is a legit and very future-proof way of raising money for businesses. Crowdfunding - a previous boom in this field was also a surprise to everyone. No one could imagine that it is possible to raise up to $1 million from strangers online to start a product. Now, when we add investing perspective to the crowdfunding, we get an ICO phenomenon.
sr. member
Activity: 2226
Merit: 347
The world of cryptocurrencies has exploded like never before in 2017. The price of Bitcoin has catapulted to over $7000 for the first time in its history. There has also been an increase in the number of initial coin offerings (ICOs). According to CoinDesk, since Jan 2017, ICOs went from roughly $300 million raised in total since they began in 2014, to $2.7 billion raised as of October.

Read more about it here
The main reason why ICO is booming up because they do see that theres a strong support of the community when they do decide to launch up a certain good project which would really make profits so easy and the trend goes on and now the reality comes through on which scammers and frauds joined up the action and making their own coin and market them public which do make raised some funds and poof. Theyre gone and scam its investors. They are really many as of now and if we do try to calculate how many % do become success on these ico would really be less than 3% overall. Cheesy
full member
Activity: 518
Merit: 100
This means that the world does not stand still! There will be new advanced technologies. The era of the Internet! Wink
newbie
Activity: 30
Merit: 0
It's because of the blockchain technology which has established the trust among investors with cypto currencies. Smiley
full member
Activity: 210
Merit: 100
anyone who has a good development of a technical solution or a product or idea or a greed for profit can be realized now
it has two sides
member
Activity: 72
Merit: 10
ICO is not necessary a bad thing, but it enables easy money with scams.
But in a market with regular trading we can win and we can lost and we don't call that a scam.
It's not same, but it's not so different either.
member
Activity: 62
Merit: 10
It means that the ICO is the new trend in the cryptocurrency and we should be careful in participating because some of the ICO in the market are just scams because they are trying to catch some newbies who didn't know what to do before investing so they are taking advantage of that ignorance and trying to scam them and that is why we should be really careful and investigate first before investing.
so what are needed before joining with this such ICO we know that they are a lot but before making decision is make sure that you know already and make a research of it than you are take it rush.
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