Pages:
Author

Topic: Why still so many ICO projects here after Bitcoin forks? (Read 1308 times)

sr. member
Activity: 728
Merit: 250
Sure ico's are making devs milionairs ,so for why to stop that goldmine.How many ico;s will deliver that what thay have promised,think twice or more before invest
Also since the SEC is putting restrictions on their US citizens I think many ICOs were launched because they want to grab as much money as they can before some laws are put in place that will make them illegal or that will require them to be more strict on how ICOs are managed.

I don't see any relationship between bitcoin soft split and the number of new/upcoming token sales. Opportunity chasers saw these token sales as a method to get rich. That's all.
That was not the point of my post, but first of all, bitcoin did not go trough a soft fork it was a hard fork, and second I did not argue at all that the fork had anything to do with the recent spike of ICOs my point is that regulation is coming and everyone wants one last pay day.
hero member
Activity: 812
Merit: 501
Yes there is lots of Ico happening but each ICO having solution for one or other real problem some are really copy pasting successful formula or successful project we should be aware about that kind of projects.
For now, the team of ICO do the same project but the investors don't know about that. The project seem not reality. This case makes ico not succesful. Alert for investors not to invest in the copy paste project. The token will be worthless after the ICO.
sr. member
Activity: 559
Merit: 250
What does one have to do with the other Huh
full member
Activity: 476
Merit: 103
homt.net
Yes there is lots of Ico happening but each ICO having solution for one or other real problem some are really copy pasting successful formula or successful project we should be aware about that kind of projects.
full member
Activity: 280
Merit: 100
ico is a new and low threshold way to invest, so many people dont have enough knowledge and sight to judge a project, they conform to buy, but when the winter coming, most will jumpling
full member
Activity: 146
Merit: 100
shouldn't people are cynical on ICOs?  Huh

or that we are joining the pyramid scheme?
You want an answer for that? Bitcoin fork was nonsense, it was a normal day during Bitcoin fork. It wasn't implicating all ICO because of bitcoin fork. Bitcoin was involved on that, you should save and store you bitcoin into another wallet that can generate seed or a private to keep your bitcoin safe from bitcoin fork.
full member
Activity: 278
Merit: 115
GIF by SOCIFI
ICO is a fundraising program for project development, large or small projects are eligible to participate in the program if they have a fresh idea of the technology or need some money to advance their project.
The ICO is not bad but some people have taken advantage of this to appropriating the money of the investors
sr. member
Activity: 1050
Merit: 252
shouldn't people are cynical on ICOs?  Huh

or that we are joining the pyramid scheme?

There's opportunity with ICOs and many people still believe it. Opportunity to make profit with build a project will always make people interested. Besides that, even fail, there's an experience they get ( learning by doing ). ICOs not the pyramid scheme, there's clear concept, develop team and also fund to start. Don't worry if every day ICO projects come up without permission. We only take a project with a good concept and has future. Good luck and have a nice day.
those who place their investment inside ico are just like playing gambling the success or the downfall of certain project always up to the trade
so even it got a big risk people still pretend that it can be possibly profitable if you choose the right one or if you got a lucky pick.
hero member
Activity: 882
Merit: 500
The bitcoin fork isn't an enough reason for ICO companies to stop its campaign. The death of ICO means the cryptocurrency has no value. The world doesn't want it to happen. Cryptocurrency is here to stay. So is ICO.
Yeah, even opposite after forks make Bitcoin price growth strongly and fast in this month, this happens has make ICOs project interesting more than in past time because most newbie don't know or have skill trading, so they will find ICOs investment helps them.
I think here facts to explain are better but still if you can see that at the exchange sites deposit and withdrawal like system was closed by the admin so at that time everyone was thinking that they can loss if anything happen wrong , so people will no more take interest if ico get launched.
So i think they waited for the fork .
Here i remembered correctly when the whole day i was at the yobit chat discussion where no one was buying the coins and no one was discussing about the ICO like thing , because everyone was aware about the main problem of the btc to have at the exchange because most of the people transferred Thier bitcoin to the wallet and no btc was left for the trading at the exchange .
May be another reason can be but still According to all discussion i found this thing of non availability of bitcoin and fear to loss during fork experiment only was the reason of lake of interest in online projects .
sr. member
Activity: 1680
Merit: 259
shouldn't people are cynical on ICOs?  Huh

or that we are joining the pyramid scheme?

There's opportunity with ICOs and many people still believe it. Opportunity to make profit with build a project will always make people interested. Besides that, even fail, there's an experience they get ( learning by doing ). ICOs not the pyramid scheme, there's clear concept, develop team and also fund to start. Don't worry if every day ICO projects come up without permission. We only take a project with a good concept and has future. Good luck and have a nice day.
legendary
Activity: 1246
Merit: 1000
The bitcoin fork isn't an enough reason for ICO companies to stop its campaign. The death of ICO means the cryptocurrency has no value. The world doesn't want it to happen. Cryptocurrency is here to stay. So is ICO.

That is rubbish. ICOs could disappear and Bitcoin could be king. The death of ICO doesn't mean that cryptocurrencies have no value, it just means that people won't attribute value to a cryptocurrency even before it is developed.
sr. member
Activity: 588
Merit: 250
The bitcoin fork isn't an enough reason for ICO companies to stop its campaign. The death of ICO means the cryptocurrency has no value. The world doesn't want it to happen. Cryptocurrency is here to stay. So is ICO.
Yeah, even opposite after forks make Bitcoin price growth strongly and fast in this month, this happens has make ICOs project interesting more than in past time because most newbie don't know or have skill trading, so they will find ICOs investment helps them.
hero member
Activity: 882
Merit: 500
shouldn't people are cynical on ICOs?  Huh

or that we are joining the pyramid scheme?
Actually before the 1 August ( before the bitcoin fork ) people were feeling fear to loss the bitcoin in the network during fork so most of the people stopped the transaction and also many of the exchange and third party Wallets also stopped deposit and withdrawal .
So in that case it was not possible for everyone to make use of the btc easily and with fearless .
So most of the projects work stopped the launching of thier project before the fork and then they suddenly launched after the fork .
So here everything was the condition that was forcing to stop the trade , well here more better for us to enjoy these opportunities to make money by perfect and better place investment .
sr. member
Activity: 378
Merit: 250
Embrace change
The bitcoin fork isn't an enough reason for ICO companies to stop its campaign. The death of ICO means the cryptocurrency has no value. The world doesn't want it to happen. Cryptocurrency is here to stay. So is ICO.
hero member
Activity: 798
Merit: 500
Sure ico's are making devs milionairs ,so for why to stop that goldmine.How many ico;s will deliver that what thay have promised,think twice or more before invest
Also since the SEC is putting restrictions on their US citizens I think many ICOs were launched because they want to grab as much money as they can before some laws are put in place that will make them illegal or that will require them to be more strict on how ICOs are managed.

Definitely you had a good point their mate, but SEC shouldn't be strict on that matter since ICO's were promising even there were fears of scam sometime to those who managed the different projects of the ICO. This won't be illegal due to ICO has it's own independent body which gives promising investments to the traders who invested bigger capitals for the projects, and for me one reason why there were many projects after that speculations of fork; is that due to capability of the bitcoin and other alternative currencies to rise even more of it's price value. No one can stop that to happen and it been predicted before the fear of August 1 that after the date there will be better future on digital currencies after all.
full member
Activity: 124
Merit: 100
Sure ico's are making devs milionairs ,so for why to stop that goldmine.How many ico;s will deliver that what thay have promised,think twice or more before invest
Also since the SEC is putting restrictions on their US citizens I think many ICOs were launched because they want to grab as much money as they can before some laws are put in place that will make them illegal or that will require them to be more strict on how ICOs are managed.

I don't see any relationship between bitcoin soft split and the number of new/upcoming token sales. Opportunity chasers saw these token sales as a method to get rich. That's all.
sr. member
Activity: 728
Merit: 250
Sure ico's are making devs milionairs ,so for why to stop that goldmine.How many ico;s will deliver that what thay have promised,think twice or more before invest
Also since the SEC is putting restrictions on their US citizens I think many ICOs were launched because they want to grab as much money as they can before some laws are put in place that will make them illegal or that will require them to be more strict on how ICOs are managed.
hero member
Activity: 812
Merit: 501
shouldn't people are cynical on ICOs?  Huh

or that we are joining the pyramid scheme?
We don't have reasons to hate on ICOs projects because basically ICOs projects are instrument of investment, all of peoples know that investment are high risk losing money except can get large of money include on ICOs projects, but doesn't mean the people must blame the ICOs projects because of losing money in ICOs because on every business the rise of failure always be there, should the people calculate about the risk and no hate the ICOs projects.
For sure, there is no problem with ICOs. There are many ICOs are good project. OMG is a good project , now the price is pump in bittrex. If you are investor and loose money in ICOs, that's your strategy to learn about the project. Read the whitepare and review before investing, how do you analyse the future of the coin. If you are good analyst , I think you will make profit from ICO.
member
Activity: 98
Merit: 10
Many are still making money ysing ICO but i think ICO is not a scam it is the project . iCO will still revolving evn after the fork because still many people invest in some project. If people will analyze and checking all the background of the priject before investing on it then they will even know how the project go. But i know some project in ICO usingbthe oyranid scheme but still its work...
hero member
Activity: 588
Merit: 541
The same people behind the fork, same people with deep pockets, they're all the same, there is no actual product to use, if you buy IOTA for example

What could you do with it in the real world? as far as I know nothing. even if they manage to develop their platform, then who will guarantee the world

Will adopt and start using IOTA when they're connected to the internet with everything? no one, do people really need what these ICOs are providing

As a service? I think not. they forked Bitcoin to earn more money just to use that money to pump their ICO tokens. not just IOTA but looking at the

Charts I see almost every token is up ever since Bitcoin forked. Bitcoin was never promising anything in an ICO form and fail doing so to cause

Rise of so many instamined tokens, so I don't see any relation between the two other than trading relationship.
Pages:
Jump to: