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Topic: why so many scam ico these days? - page 10. (Read 1045 times)

jr. member
Activity: 378
Merit: 2
April 05, 2018, 06:43:04 PM
#41
Yes, it is true we have so many scam ICO these days, taking advantage of those who cannot differentiate between the legit ICO and the scam ICO. I think most of these scam ICOs are looking for fast money. It only remains that we all need to be very careful. Although, it might not be that easy to do that, but with experience, it becomes easier.
full member
Activity: 420
Merit: 110
April 05, 2018, 06:41:05 PM
#40
Because people want to make a quick profit out of naive people who are hoping to invest in “the next bitcoin”. However, even though a large percentage of ICOs are a scam, just because a project is not successful it does not mean it is a scam. Similar to when you “invest” or “pre-purchase” an in development project from Kickstarter. Sometimes the project will arrive and be great, sometimes it will be a POS and sometimes the project will fall half way during production.
Research may help you avoid scams or finding a good project, but there is no guarantee it will bring you a big profit.
full member
Activity: 378
Merit: 101
April 05, 2018, 06:01:24 PM
#39
I also think the same with you, I've followed some ico and a lot of scam. That's very annoying.We are working but ultimately not rewarded
newbie
Activity: 60
Merit: 0
April 05, 2018, 05:56:00 PM
#38
Because this is a good way to make money. Undecided  Scam is really a lot, the only way to protect yourself is to choose carefully. I'm  working with the German project Vreo.io https://bitcointalksearch.org/topic/ann-mtc-token-sale-vreo-embedded-in-game-advertising-2886707, maybe someone heard. I carefully studied all the information about them.  They are doing dynamic in-game advertising and going to create marketplace for developers and advertisers.
They have a well-defined road map, white paper, all information about the team is available. You just need to find the time to learn everything, before you'll join
newbie
Activity: 196
Merit: 0
April 05, 2018, 05:05:42 PM
#37
read the white paper of the project, make sure the project's uniqueness is unique, review the social networks of developers and only after that make a purchasing decision! ico in which I am sure - the European crypto bank!
member
Activity: 420
Merit: 10
April 05, 2018, 04:52:20 PM
#36
Im not sure about it.
But its true.

I think They are ICO is not have a good concept.
It makes investor not too interested to them.
sr. member
Activity: 1064
Merit: 250
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April 05, 2018, 04:47:13 PM
#35
Today in this market is the wild west. Many dishonest people are trying to raise money for their own pockets. Until there is a regulation this will be permanent. This is a very bad trend for the crypto market.  Sad
sr. member
Activity: 616
Merit: 251
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April 05, 2018, 04:42:49 PM
#34
I think because more and more people will learn about the possibility of creating an ICO and earning easy money creating a Scam!
More like, people know that they can make money on cryptocurrencies. That is why there is so many people trying to get coins from the other people.
newbie
Activity: 224
Merit: 0
April 05, 2018, 04:36:47 PM
#33
Yes I completely agree with you most of the ICO which now open they do not all immediately profit. But this does not happen that all were successful there are always those who make a good product, and one that just wants to raise money and disappear))
full member
Activity: 1064
Merit: 101
April 05, 2018, 04:35:13 PM
#32
Its getting ridiculous I agree, there are high school kids creating their ICOs with rehashed ideas, non-existing teams and shallow knowledge of the industry.
jr. member
Activity: 146
Merit: 1
April 05, 2018, 04:30:08 PM
#31
It is disheartening to see so many scammers, however it shouldn't be surprising given this is the most unregulated market that deals with finance in the world. It's just too easy for people to get away with scamming.
Heck there are even websites where you can generate a blockchain and can generate a whitepaper. Anyone can scam too easily now.
brand new
Activity: 0
Merit: 0
April 05, 2018, 04:16:35 PM
#30
Maybe because  there is opportunity in crypto. People tend to try everything just to in, it just happen that they do it halfheartedly. Well, most of the ICO's don't last long, others are just scams. Better be careful when choosing ICOs to support. Or might invest on what is already on the market to be safe.
member
Activity: 266
Merit: 10
Presale is live!
April 05, 2018, 04:23:02 PM
#30
I think that scammers paid attention to ICO, because so they can deceive people. And it makes me very upset. Today it's hard for me to find a good project. There are many scammers.  Angry
full member
Activity: 224
Merit: 100
April 05, 2018, 04:11:39 PM
#29
why lots of ICO scam? due to the absence of regulations to regulate a new ICO that wants to enter the market. in other words we are free to create an ICO without having to make a license as to where the location of the company and anyone who is founding the ICO. as the rapidly evolving world of cryptocurrency and the ease of making an ICO make this a gap for fraudsters to make fake ICOs.
it may be necessary for a platform to set or verify the new ICO before the ICO is in the market. because it is unfortunate when there are many people who want to enter the world of cryptocurrency, they must invest in the wrong ICO.
full member
Activity: 546
Merit: 100
April 05, 2018, 04:03:32 PM
#28
That's right, now there's a lot of fraudulent projects. I think it's because crooks have realized that ICO is an easy way to steal money from trusted people. I think over time ICO will evolve and fraudsters will not be able to steal money from people.
newbie
Activity: 155
Merit: 0
April 05, 2018, 04:01:12 PM
#27
Scammer want to earn money by frauding people maybe they think that is the fastest way to earn and now a days as technology we have prices in the market industry was very high price it was tough so be carefull in investing your money
sr. member
Activity: 826
Merit: 263
April 05, 2018, 03:55:06 PM
#26
Whatever the field we will find the scams for sure, hence you need to tune yourself to keep away from them. This is the reason for many world countries banning ICO projects initially and now completely trying to vanish the cryptos.
if the scam ICO has been through out the forum and elsewhere all the places ICO has been promoted.
We will find the good health market for cryptos.
member
Activity: 163
Merit: 10
The revolutionary trading ecosystem
April 05, 2018, 03:50:06 PM
#25
Look on ICO what I have in my signature, they are pretty good, lot of money collected, good team, good product, think about the investment into this great project!
member
Activity: 136
Merit: 10
April 05, 2018, 03:48:11 PM
#24
I think because more and more people will learn about the possibility of creating an ICO and earning easy money creating a Scam!
member
Activity: 308
Merit: 29
April 05, 2018, 03:46:51 PM
#23
frankly speaking I'm really surprised a bit. Okay, earlier it was easy to put across and not worry about consequences, but today.. considering worldwide regulation hysteria.. they must be tough guys or just stupid.
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