Worst case scenario in the crypto industry - page 2.

shesheboy

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Quote from: Red-Apple on March 13, 2019, 12:35:04 AM

Quote from: StatesManG on March 03, 2019, 12:57:57 AM

This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.

i disagree. those who create these shitcoins and ICOs and even those who invest in them are NOT the problem!
the problem is those who invest in them and also think they are real! they are the people who cause the problems in this system.

You once said that investors are not a problem but you also said that the one that who invest on ico and shitcoins are the problem . im confuse with your words meyt . anyway , there are lots of wors case scenario that already happen or will still happen on the crypto scene but look at us and the crypto , we are both standing still . no problems and tough times can break our bond .

erkan.camli

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I agree with you on this. Many people develop projects with high promises at the beginning of 2018. But most of them failed. Some of them were withdrawn from the market. Some of them disappeared with the pretext of renewal. However, the market urgently needs a bull season. Many crypto coins at the bottom level. The market needs to be revived.

maydna

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I think every team on every project must learn from 2018 because they make the wrong decision to expecting the bull market was happening in that year. They need to think about the bull market cannot predicting although the market gives a sign to increase so they can make a back-up plan if something goes wrong. They cannot make their investor disappointed, and that is their job to stay alert with the market situations.

So now, the market still unpredictable and they didn't give an explanation to their investor and only said wait and wait. The teams of the project should always analyze the market while they run the project so they could still apply their plan without any problem. It is normal to see the plan will change because the situations in the market but they need to explain this so there will be no misunderstood in their investor.

In the future, I am sure that more new project will launch but with better teams so they can handle the project without a problem. They will remember what is going on in 2018 and they will take that as the important lesson for reaching their success with the project. The trend of the ICO itself will always change, but I don't what will happen with the ICO in this year.

Red-Apple

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Quote from: StatesManG on March 03, 2019, 12:57:57 AM

This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.

i disagree. those who create these shitcoins and ICOs and even those who invest in them are NOT the problem!
the problem is those who invest in them and also think they are real! they are the people who cause the problems in this system. otherwise if you see them as they truly are (pump and dump shitcoins) you won't see any issues.

Cat Coin

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Both enthusiasts and scammers will come to the new investment market, where big money has come. To this need to be prepared. Now our task is to support new projects to make everything come to life. If not with money, then by participating in bounty programs.

Cemploon

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Speaking of 2018 there will definitely be a lot of bad stories about ICO. Some ICO can reach Soft Cap sellers, but many of their products have not yet entered the Exchange. Even worse, the project developer is no longer active.

ryan992

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Yes. this is one of the reason in ICO or bounty campaign so much cheaters or scammers. they just think the money they will get without plan to develop their project. they just hope everything like 2017 but in reality it reverse.

muncuss

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Quote from: gidaahmad on March 12, 2019, 06:38:47 PM

Each project has a different way of working. I admit that in 2018 there are many ICOs that reach a soft cap, but not yet listed on any exchanger. And this method I feel is less effective for a project that holds its coin into an exchanger. It will also harm and make investors nervous.

actually yes, many ICO reached softcap. But instead working and maximizing on their product to start generating income, they waste their small money to list on exchange while they know it's not cheap.
yeah they don't care about product after all. their token value only depend on market manipulation

pushups44

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The problem with the ICO craze was that projects were judged based on how appealing their ideas seemed rather than by actually having software ready and providing a use case. This is similar to the dot-com bubble when companies were created out of thin air and had no profits, and were just seeking a quick stock pump based on hype. The ICO bubble also shows how easy it is to fool people when you have a nice-looking website and whitepaper. As a general rule, I am steering clear of ICOs.

Menawi12

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Quote from: gidaahmad on March 12, 2019, 06:38:47 PM

Each project has a different way of working. I admit that in 2018 there are many ICOs that reach a soft cap, but not yet listed on any exchanger. And this method I feel is less effective for a project that holds its coin into an exchanger. It will also harm and make investors nervous.

If this always happen, many people wont invest in new project or ICOs. Investor must be prefer invest in coin or token that already listed in exchanger and i think its bad for good new project.

blockman

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Quote from: Nasonn on March 12, 2019, 06:44:34 PM

Many of the ICOs never had interest in the blockchain solution they were going to offer, their major interest is having a share of investors money without actually doing anything they promised so they were disappointed by the bear run so they keep using it as excuse.

Yes they are going to offer a solution but they don't really have that application for that possible solution they have come up with. That's how they looked at the ICOs during the good times, they are all for the cash and aren't really for the solution they are saying.

It's more of a show and project showcasing without use case.

Nasonn

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Many of the ICOs never had interest in the blockchain solution they were going to offer, their major interest is having a share of investors money without actually doing anything they promised so they were disappointed by the bear run so they keep using it as excuse.

TimeTeller

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Quote from: Herbert2020 on March 03, 2019, 02:15:55 AM

not at all, those "guys" are not the problem. the people who give them their money (aka invest in their shitcoin or participate in their ICO or advertise their shitty project to get paid) are the biggest problems that we are facing.
otherwise they are simply doing what all scammers do, they scam people. and if newbies started using their head then we wouldn't be in this mess where all the ICOs are purely scams. and what you call "startup" is equal to a fake website that only wants to raise money by targeting the most gullible people.

You are right, crap projects are everywhere because there are people who are continuously supporting this type of crowdfunding projects.
And since many people got burnt from the ICOs held specifically last year, many ICO nowadays are having difficult time to raise their funds.
If people would be smart enough with their investments, not be greedy with the expected profits and do their own due diligence before investing to an unknown platform, these scammers might stop trying their tactics to deceive people.

gidaahmad

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Each project has a different way of working. I admit that in 2018 there are many ICOs that reach a soft cap, but not yet listed on any exchanger. And this method I feel is less effective for a project that holds its coin into an exchanger. It will also harm and make investors nervous.

basty03

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Quote from: StatesManG on March 03, 2019, 12:57:57 AM

So let me take you guys back to 2018, where many start-up projects after their fund raising scheme will not list on the market.

Many of this projects said they will list Q4 2018 because they too where expecting a bull run at the end of the year.

This show how unprofessional many of this guys are, they just wake up from nowhere and they lunched a startup of something they barely understand how it worked.

Now everyone got disappointed the bull disappointed them and now they frustrate the investors by listing below ico price

This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.

Once again I am happy the bull run has no specific timing, let's see who survives and who doesn't

Yeah much better that the bull run don't have specific time so no one expect anything especially some projects that can't do right thing to their own projects because they want only a easy money. But of course there some projects that have a good product and team that we really know that they do everything to make their project to be successful in the future.

superscommessebitcoin

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Many people are waiting for a favorable time in the market, but this does not mean that the team of such a project is unprofessional or scammers. This time will show us who on that much. So we have to wait.

spike420211

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The worst-case scenario is the fall in popularity and interest in cryptocurrency to the 0 mark, when no one will stay in cryptocurrency. But such a scenario, I think rather fantastic.

tailwate07

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Quote from: Peterdav on March 06, 2019, 12:33:53 PM

Most ICO projects in 2018 become scam, basically they do not have real projects and seek funding through the ICO. So be careful before investing in ICO.

If we consider the ICO projects in the early 2016, we can see that almost each of the project from that time made immense profits and is yet a profitable project but projects after the mid 2017, were been started just to collect the funds and get away from the markets.

There were a lot of ICO's which ended up being scam so ICO investments is always being treated much risker now. Investing in something we already know is good to avoid such losses.

barbara44

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Yes, there always are such peoples in each field who would only look for their own benefit always.

A lot of peoples who don't even have enough knowledge about the start-ups they are starting are trying to offer ponzi schemes to the investors and are simply exiting the markets as soon as the standardization is been reached. Investors feel unsafe into the markets due to the ever increasing scam projects. ICO start-ups are a best way to collect fundS for a effective and better project but should be kept away from scam.

crenfrosck

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What you have mentioned always depends on people. Startups that want to make a quick buck? Nothing special. However, even not so experienced young commited people can make a total revolution in their specific field. The worst scenario is that every coin will be worth nothing. But this would mean just one thing: something better was discovered. It would be that good that crypto will be seen as a technological dinosaur in a comparison. Is the progress in technology a bad thing? I doubt that (everything can be misused though). The most possible scenario is that some companies will turn their hard work into an absolute domination, but they will have to keep up with competition, which will push them even further. We are all in a rush to find THAT one (at least a single one) golden egg in a basket full of different coins. May the odds be ever in your favour Wink

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