Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: cryptor0th on June 28, 2016, 08:05:17 PM



Title: How to make a 100,000$ with an ICO
Post by: cryptor0th on June 28, 2016, 08:05:17 PM
It sickens me to increasingly see the sad state of ICO’s and fundraising within the community. While Bitcoin and decentralized currencies have bought along with it the power to remit across borders and garner the power to invest and buy into emerging projects that may seem interesting, it has also enabled sick minds to loot off the innocent with little to no consequences. While I align with the freemarket’s principal’s that investments should be made open to anyone and those who do not conduct their due research would eventually lose out, I am not in sync with the sheer amount of scams that have happened in the recent past. This post of mine is a follow up post to a previous thread where I explained why ICO’s have become a get rich quick scheme for a select few.

Today, I’ll be talking of how the people behind ICO’s reach their goals.

Step 1 : Buy lots of shill accounts.

Before an ICO occurs, people often buy ten to thirty aged accounts within the forum. If you observe our marketplace, this is a market in itself. I know of individuals that have payed upto 500 USD for 20 aged accounts. The pricing may vary anywhere between 5 to 100 depending on the age of the account, quality of the post and the trust it holds. These shill accounts are often hacked and/or created by a single individual for the purpose of selling. Shilling lies at the heart of most ICO’s as they are used to manipulate investor sentiments. Additionally, they are used to argue against individuals that speak out against ICO’s. Consider a situation where an individual explains that the business model makes no sense. The founders of the ICO go behind shill accounts and talk in order to manipulate the markets and convince investors that the state of things are different.

Step 2: Warm the shill accounts.

Since it has become normal for people to look up the accounts that post a lot in certain ICO’s, scammers warm these accounts with the intent of making them look legitimate. They begin making random posts in random pages to fill the first “posts” page of the shill. The psychology behind this is that most individuals often look only at page 1 of the shill’s posts and make their decisions. When they see frequent posts in other pages they believe this might be a legitimate account. As a matter of fact, ICO’s are often held by individuals that have been here for years and know a fair amount about other projects. So they do not find it difficult to go behind a shill account and begin posting things that might not be considered spam.

Step 3: Buy 4 major hero accounts.

These accounts are usually used as the “founders” of the project and portrayed to be the leads. These accounts are fronted as marketing, business, developer and so on to make it look like there is a real time in place. In some cases a single person plays all these persona in their room. This is sickening because most investors think they have an actual team they are investing into but in most cases these are fake id’s and/or non existent people. Often, you will notice these fake accounts make elaborate posts about the industry and hype the thread. What’s funny about these persona’s would be the fact that you will almost never see a common link or previous projects the team has worked on prior to the ICO

Step 4 : Graphics and fancy threads.

This is where the scammer basically hires a GFX specialist and pays him 100 dollars to make a really fancy thread. He will also set up really manipulative terms that will make you invest more than what is probably within your budget. For instance — higher profit margins or dividends for buying x amount of Bitcoin. Keep in mind, this is entirely a psychological game. While some of the larger ICO”s that run in the million dollar range have on-board GFX specialists to keep releasing new infographics, most of these scammers do a one time payment of a couple hundred dollars and get done with graphics. Keep in mind, these guys are not looking to set a new record for fund raising. They are looking to raise around 100–500,000 dollars and then get done with it. In a lot of cases they wish to be large enough to make it worth their efforts but small enough to not attract attention.

Step 4 : End of ICO

This is where majority of the investments come in place. With a prototype in place and the shilling accounts going wild most people send in money as they believe they are now closer to an ICO. Most ICO’s see about 60–70 percent of the funds come around the end of the ICO. This is driven by 2 things
Fear of Missing out or FOMO as some call it. Investors think its a good idea to buy in towards the end of the ICO to either hold or sell as the prices go as the coins get listed in public markets. Most scammer coins list themselves in select markets to help them manipulate markets (more on this later)
A good amount of the ICO amount is bitcoin that the devs send in to make the ICO look legit. For instance, if an ICO already has about 60 BTC in “investments” — then odds are high it will manage to raise another 100–200 Bitcoin. A good way to see if this occurs is to verify if all of the investment funds go to a single verifiable account. A good number of ICO’s here have multiple investment BTC wallet account — you are free to make your conclusion. Also keep in mind, the dev is able to manipulate the markets with this “investment” of his. If this ICO managed to raise 240 Btc — then 25 percent of the coins + whatever dev fund exists goes into the pockets of the dev. This is an ample amount to manipulate the markets


Step 5 : Dreams and Marketlisting

This is where the Dev would bring in massive hype and begin listing the coin on 1 or 2 exchanges tops. In some cases he would have bots placing hundreds of orders in the order books and cancelling them or buying and selling into his own orders to fake the volume of the coin. Again, this fudging is done in order to show there is actual demand for the coin. He uses manipulation of the books to bring the prices to the highest possible price and then liquidates the coins he holds in the process. During this period he acquires as many Bitcoins as he possibly could within a short period of time. Ideally, he also takes a tiny break to recover from all the work done during the ICO — then returns to the hype cycle.


Step 6: Crash, burn and repeat.


During the crash phase the shills go silent, the dev dissapears and all of a sudden the dev realizes he has a real life to maintain too. A number of excuses and delays pop up leading to the community losing faith in the coin. Massive dumps begin happening and the price of the coin falls crazily. Investors that bought in with hopes of doubling their cash often sell at a loss. All this, while the Dev stands back and watches the show. Keep in mind he is well stacked with Bitcoin at this point of time. He holds back news and ensures there is no hype with the shills going silent. As the market crashes he will buy back the coins and hold them in multiple wallets. Once this happens he will return explaining where was all the while and have the shills change investor sentiment to positive.


There you go guys — 6 steps to making 100,000 USD a month.

Think this is a joke ? I’ll be breaking down each one of these steps mentioned and correlating them with ICO’s in my next post. I know this might seem like a “noob” post to many on here but sadly — this is not for people who think so. This post was made for the sake of the enthusiast who read of Bitcoin somewhere and began digging up on it and stumbled on the forum, for that student who’s put in his tution money thinking he will make some profit and live a life of comfort for a while, for the dad who’s spent more than he can afford to lose in the ICO’s here.


My next post will correlate existing ICO’s with the steps mentioned here.
Have an ICO you wish to have investigated ? Post here with links to them.
— — —
Ads
Wish to collaborate on my research ? Read https://bitcointalk.org/index.php?topic=1483919.msg14980644#msg14980644
Wish to read my prior thread ? Read : https://bitcointalk.org/index.php?topic=1525769.msg15354206#msg15354206
Wish to hire me ? https://bitcointalk.org/index.php?topic=1529300.msg15389263#msg15389263
I am very open to donations.

Send them to :
14Pjnytt91y5EkEsFew8rsYmW557rtVPYz


Title: Re: How to make a 100,000$ with an ICO
Post by: tmzn32 on June 28, 2016, 08:13:55 PM
Premine like ether (72 million coins) and just pull off one of the biggest scams on the plannet.  Poor souls who bought... Im sorry.. IM sooooooo sorry......


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on June 28, 2016, 08:15:24 PM
Premine like ether (72 million coins) and just pull off one of the biggest scams on the plannet.  Poor souls who bought... Im sorry.. IM sooooooo sorry......

Ether deserves a separate post in itself. Keep in mind this is specific to the mini-ICO's that raise 200-600 BTC's and not the large ones.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 01, 2016, 08:17:12 PM
This amount is still minimal, which is collected, developers shit coins.
That there is only Waves or Dao. Crowdfunding, in fact converted into ordinary HYIP.

I look at it more like an accelerated investment scheme. Those who know what's going on/  seasoned investors routinely dump on unknowing users.


Title: Re: How to make a 100,000$ with an ICO
Post by: twunkle on July 01, 2016, 08:39:11 PM
Interesting... so what can I expect for say euh 0.05btc. So you can eh publically decide faith in humanity


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 01, 2016, 09:01:45 PM
Interesting... so what can I expect for say euh 0.05btc. So you can eh publically decide faith in humanity

No clue what you are on about :)


Title: Re: How to make a 100,000$ with an ICO
Post by: twunkle on July 01, 2016, 09:02:48 PM
Interesting... so what can I expect for say euh 0.05btc. So you can eh publically decide faith in humanity

No clue what you are on about :)

I thought you were looking for work. But nevermind otherwise, I am sorry I misunderstood  ;D


Title: Re: How to make a 100,000$ with an ICO
Post by: rokkyroad on July 01, 2016, 11:42:32 PM
Good post OP.

It's nice to see these kinds of posts and threads. Doubt it will sink in but we can always hope.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 01:51:43 AM
Interesting... so what can I expect for say euh 0.05btc. So you can eh publically decide faith in humanity

No clue what you are on about :)

I thought you were looking for work. But nevermind otherwise, I am sorry I misunderstood  ;D

Haha, I have Pm'ed you. Take a look.

Good post OP.

It's nice to see these kinds of posts and threads. Doubt it will sink in but we can always hope.

Thank you for the kind words. Will continue writing :)
It won't sink in. It wasn't written with the intention of hoping to change things with a post.
It was written to find like minded people to collaborate on a few things / network - and I think its worked for me.

As long as greed prevails and people remain stupid, this will continue to happen. As it continues happening, regulations would kick in.
Stupidity would ruin the party for everyone.


Title: Re: How to make a 100,000$ with an ICO
Post by: andyste on July 02, 2016, 02:32:18 AM
$100,000 , one hundred thousond dollar capital is very much very high capital use only coin ICO
and realy plan one hundred thousand only buy coin ico is crazy


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 03:19:44 AM
$100,000 , one hundred thousond dollar capital is very much very high capital use only coin ICO
and realy plan one hundred thousand only buy coin ico is crazy

If you really study the nature of ICO's here you will see a few trends

1. A large number of ICO's in the sub 500k range
2. A few ICO's in the post million dollar range.

The first approach does happen and it occurs often because

1. It offers anonymity to those behind these projects. Although it can be a force for good, in a large number of cases its been misused.
2. It keeps the game under the radar of regulatory bodies.

This approach is one where ICO's occur repeatedly every few months.


Title: Re: How to make a 100,000$ with an ICO
Post by: TheMage on July 02, 2016, 04:32:52 AM
WTS account, I bet I could get $100k with my name  ;D



In all seriousness this is all very true. I've seen many projects come and go over the years, and I would have to say sadly ive seen this trend too. To the point where unless an alt masses such attention and then a subsequent monumental clusterfuck which harms us all I dont even pay attention (Paycoin, Etherium).

There are a lot of coins out there that have proven themselves, and seem to be in it for the long haul. And even those involved in the coin that I personally know and call friends dont do it because they want to make money, but rather do it for the love of cryptos.

The worse part is those devs who dont do it for money, make great products, and get drowned out by this ICO noise.


Title: Re: How to make a 100,000$ with an ICO
Post by: electronicash on July 02, 2016, 04:44:42 AM
Oh god that's a revelation  ;D
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Title: Re: How to make a 100,000$ with an ICO
Post by: TheMage on July 02, 2016, 04:54:45 AM
Oh god that's a revelation  ;D
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 05:21:57 AM
Oh god that's a revelation  ;D
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.


The sad part is legitimate businesses in the ecosystem could clearly make ROI's that far exceed bank interest rates.
However the "hustlers' here don't understand the value of long term gratification, effort and god damn common sense.


Title: Re: How to make a 100,000$ with an ICO
Post by: TheMage on July 02, 2016, 05:24:23 AM
Oh god that's a revelation  ;D
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.


The sad part is legitimate businesses in the ecosystem could clearly make ROI's that far exceed bank interest rates.
However the "hustlers' here don't understand the value of long term gratification, effort and god damn common sense.



Which is exactly why I work with Litecoin :)


Title: Re: How to make a 100,000$ with an ICO
Post by: yubsep on July 02, 2016, 05:28:14 AM
Really.. This is a good article and very useful...
Thanks #Cryptor0th...

It sickens me to increasingly see the sad state of ICO’s and fundraising within the community. While Bitcoin and decentralized currencies have bought along with it the power to remit across borders and garner the power to invest and buy into emerging projects that may seem interesting, it has also enabled sick minds to loot off the innocent with little to no consequences. While I align with the freemarket’s principal’s that investments should be made open to anyone and those who do not conduct their due research would eventually lose out, I am not in sync with the sheer amount of scams that have happened in the recent past. This post of mine is a follow up post to a previous thread where I explained why ICO’s have become a get rich quick scheme for a select few.

Today, I’ll be talking of how the people behind ICO’s reach their goals.

Step 1 : Buy lots of shill accounts.

Before an ICO occurs, people often buy ten to thirty aged accounts within the forum. If you observe our marketplace, this is a market in itself. I know of individuals that have payed upto 500 USD for 20 aged accounts. The pricing may vary anywhere between 5 to 100 depending on the age of the account, quality of the post and the trust it holds. These shill accounts are often hacked and/or created by a single individual for the purpose of selling. Shilling lies at the heart of most ICO’s as they are used to manipulate investor sentiments. Additionally, they are used to argue against individuals that speak out against ICO’s. Consider a situation where an individual explains that the business model makes no sense. The founders of the ICO go behind shill accounts and talk in order to manipulate the markets and convince investors that the state of things are different.

Step 2: Warm the shill accounts.

Since it has become normal for people to look up the accounts that post a lot in certain ICO’s, scammers warm these accounts with the intent of making them look legitimate. They begin making random posts in random pages to fill the first “posts” page of the shill. The psychology behind this is that most individuals often look only at page 1 of the shill’s posts and make their decisions. When they see frequent posts in other pages they believe this might be a legitimate account. As a matter of fact, ICO’s are often held by individuals that have been here for years and know a fair amount about other projects. So they do not find it difficult to go behind a shill account and begin posting things that might not be considered spam.

Step 3: Buy 4 major hero accounts.

These accounts are usually used as the “founders” of the project and portrayed to be the leads. These accounts are fronted as marketing, business, developer and so on to make it look like there is a real time in place. In some cases a single person plays all these persona in their room. This is sickening because most investors think they have an actual team they are investing into but in most cases these are fake id’s and/or non existent people. Often, you will notice these fake accounts make elaborate posts about the industry and hype the thread. What’s funny about these persona’s would be the fact that you will almost never see a common link or previous projects the team has worked on prior to the ICO

Step 4 : Graphics and fancy threads.

This is where the scammer basically hires a GFX specialist and pays him 100 dollars to make a really fancy thread. He will also set up really manipulative terms that will make you invest more than what is probably within your budget. For instance — higher profit margins or dividends for buying x amount of Bitcoin. Keep in mind, this is entirely a psychological game. While some of the larger ICO”s that run in the million dollar range have on-board GFX specialists to keep releasing new infographics, most of these scammers do a one time payment of a couple hundred dollars and get done with graphics. Keep in mind, these guys are not looking to set a new record for fund raising. They are looking to raise around 100–500,000 dollars and then get done with it. In a lot of cases they wish to be large enough to make it worth their efforts but small enough to not attract attention.

Step 4 : End of ICO

This is where majority of the investments come in place. With a prototype in place and the shilling accounts going wild most people send in money as they believe they are now closer to an ICO. Most ICO’s see about 60–70 percent of the funds come around the end of the ICO. This is driven by 2 things
Fear of Missing out or FOMO as some call it. Investors think its a good idea to buy in towards the end of the ICO to either hold or sell as the prices go as the coins get listed in public markets. Most scammer coins list themselves in select markets to help them manipulate markets (more on this later)
A good amount of the ICO amount is bitcoin that the devs send in to make the ICO look legit. For instance, if an ICO already has about 60 BTC in “investments” — then odds are high it will manage to raise another 100–200 Bitcoin. A good way to see if this occurs is to verify if all of the investment funds go to a single verifiable account. A good number of ICO’s here have multiple investment BTC wallet account — you are free to make your conclusion. Also keep in mind, the dev is able to manipulate the markets with this “investment” of his. If this ICO managed to raise 240 Btc — then 25 percent of the coins + whatever dev fund exists goes into the pockets of the dev. This is an ample amount to manipulate the markets


Step 5 : Dreams and Marketlisting

This is where the Dev would bring in massive hype and begin listing the coin on 1 or 2 exchanges tops. In some cases he would have bots placing hundreds of orders in the order books and cancelling them or buying and selling into his own orders to fake the volume of the coin. Again, this fudging is done in order to show there is actual demand for the coin. He uses manipulation of the books to bring the prices to the highest possible price and then liquidates the coins he holds in the process. During this period he acquires as many Bitcoins as he possibly could within a short period of time. Ideally, he also takes a tiny break to recover from all the work done during the ICO — then returns to the hype cycle.


Step 6: Crash, burn and repeat.


During the crash phase the shills go silent, the dev dissapears and all of a sudden the dev realizes he has a real life to maintain too. A number of excuses and delays pop up leading to the community losing faith in the coin. Massive dumps begin happening and the price of the coin falls crazily. Investors that bought in with hopes of doubling their cash often sell at a loss. All this, while the Dev stands back and watches the show. Keep in mind he is well stacked with Bitcoin at this point of time. He holds back news and ensures there is no hype with the shills going silent. As the market crashes he will buy back the coins and hold them in multiple wallets. Once this happens he will return explaining where was all the while and have the shills change investor sentiment to positive.


There you go guys — 6 steps to making 100,000 USD a month.

Think this is a joke ? I’ll be breaking down each one of these steps mentioned and correlating them with ICO’s in my next post. I know this might seem like a “noob” post to many on here but sadly — this is not for people who think so. This post was made for the sake of the enthusiast who read of Bitcoin somewhere and began digging up on it and stumbled on the forum, for that student who’s put in his tution money thinking he will make some profit and live a life of comfort for a while, for the dad who’s spent more than he can afford to lose in the ICO’s here.


My next post will correlate existing ICO’s with the steps mentioned here.
Have an ICO you wish to have investigated ? Post here with links to them.
— — —
Ads
Wish to collaborate on my research ? Read https://bitcointalk.org/index.php?topic=1483919.msg14980644#msg14980644
Wish to read my prior thread ? Read : https://bitcointalk.org/index.php?topic=1525769.msg15354206#msg15354206
Wish to hire me ? https://bitcointalk.org/index.php?topic=1529300.msg15389263#msg15389263
I am very open to donations.

Send them to :
14Pjnytt91y5EkEsFew8rsYmW557rtVPYz


Title: Re: How to make a 100,000$ with an ICO
Post by: Spoetnik on July 02, 2016, 05:38:44 AM
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  :D

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that ;)

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  8)


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 05:53:56 AM
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  :D

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that ;)

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  8)

To be honest, am just waiting for the shills to begin attacking these threads too.
Pretty sure I have attracted some hate with these threads.
I had a few hit me up on skype saying I am "begging" since I have been seeking employment and donations.


Glad I could contribute in some way :)


Really.. This is a good article and very useful...
Thanks #Cryptor0th...

You are welcome. Glad you enjoyed reading it.


Title: Re: How to make a 100,000$ with an ICO
Post by: TheMage on July 02, 2016, 06:06:47 AM
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  :D

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that ;)

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  8)


Hahaha, I only take USD, Bitcoin, and Litecoin  ;)


Only from Eth/Monero? Hell I've got paycoin/Eth/some Bitcoin on me (which could increase in the future if these morons dont increase blocksize to 2MB).

In either case I wouldnt want to be you  :D


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 06:08:55 AM
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  :D

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that ;)

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  8)


Hahaha, I only take USD, Bitcoin, and Litecoin  ;)


Only from Eth/Monero? Hell I've got paycoin/Eth/some Bitcoin on me (which could increase in the future if these morons dont increase blocksize to 2MB).

In either case I wouldnt want to be you  :D

Where can I read on what makes Litecoin better than Bitcoin ? (other than fast tx conf and a different distribution)


Title: Re: How to make a 100,000$ with an ICO
Post by: TheMage on July 02, 2016, 06:26:04 AM
Are we bidding The Mage ?
I bid 101,000 coins (Jackpot coins) ..for the name / account.

Fuck i tried to give mine away and people wouldn't take it before LOL
They are probably worried they'd catch a bullet from a ETH / Monero hired hitman  :D

@OP
Well said !
You made a solid effort and it all seemed fairly honest & reasonable.
If you have more to post then yeah go for it !

I read 90% of it all and i learned a little ..why ?
I never invested in one EVER !
..but i was thinking they ran pretty much like that ;)

PS:
I can take down 20 of those bought accounts if i wanted to but..
I don't have the motivation to chase these fuckers around.
I wait for the big ones to crawl out of the ANN section where i am waiting on my bridge  8)


Hahaha, I only take USD, Bitcoin, and Litecoin  ;)


Only from Eth/Monero? Hell I've got paycoin/Eth/some Bitcoin on me (which could increase in the future if these morons dont increase blocksize to 2MB).

In either case I wouldnt want to be you  :D

Where can I read on what makes Litecoin better than Bitcoin ? (other than fast tx conf and a different distribution)


Well...funny thing is that up until this point we have promoted Litecoin as a compliment to Bitcoin. We (we = the LA and core team) recognize that Bitcoin has been tried and true, and Litecoin follows Bitcoin in terms of best representing the original ideals and ethos that Satoshi laid out, which was financial freedom. However with the block size debate, the Litecoin team disagrees with both sides on how to handle increase usage worldwide, and we plan to work towards that. Hence my recent tweet.

Quote
https://twitter.com/TheRealMage/status/748747177384562688

Remember #Litecoin will always have the these requirements 1. Stable 2. Secure 3. Utilized as an alternate payment method 4. Scale as needed


In addition (without going down a diatribe), the requirement of "Utilized as an alternate payment method" is not defined for Bitcoin now with the current group of developers. This has a significant impact on the vision and future development for Bitcoin.

Honestly, I can care less if people decide to "invest" in Litecoin. I dont work with the LA to have people invest in Litecoin, I do it to have people utilize Litecoin as a payment method.

We are going to release a road map Sunday on the future of the LA and core development, you should check it out!


EDIT: Typos


Title: Re: How to make a 100,000$ with an ICO
Post by: CIYAM on July 02, 2016, 06:29:50 AM
Where can I read on what makes Litecoin better than Bitcoin ? (other than fast tx conf and a different distribution)

I wouldn't describe it is as being better but it can serve well as a "secondary" blockchain (and IMO that is a sensible thing to have).

Although the only main difference is the use of Scrypt vs. SHA256 software glitches such as the one that led to the 2013 forking issue might be avoided if such changes were live tested on the smaller (but still economically significant) alternative.

That being said if it diverges too much from the Bitcoin code then such testing might become either impossible or much less useful.


Title: Re: How to make a 100,000$ with an ICO
Post by: Spoetnik on July 02, 2016, 06:38:42 AM
I don't want to veer too far off topic but ;)

I did get a PM way back from a guy saying he was crowd funding a hit on me basically.
Not sure how much money he raised or how serious he was but he ONLY asked for Bitcoin.
Too bad.. he could have got more if he accepted various shitcoins ROFL
I have posted it around crypto a few times.. http://pastebin.com/sDV6rWiB

But.. I am still here  8)

But i raised a good point no ?
Since the stakes have gone far higher and now we have super millionaires making scammy ICO's with billion dollar cap's maybe they will start murdering FUD'ers ?

To them i say.. you can't stop me, i will FUD from the grave !

If Monero (Risto) and Ethereum (Butterin) pool their money together who knows what they could accomplish ;)


Title: Re: How to make a 100,000$ with an ICO
Post by: bitcoinlitcoinbtcltc on July 02, 2016, 10:23:04 AM
I don't want to veer too far off topic but ;)

I did get a PM way back from a guy saying he was crowd funding a hit on me basically.
Not sure how much money he raised or how serious he was but he ONLY asked for Bitcoin.
Too bad.. he could have got more if he accepted various shitcoins ROFL
I have posted it around crypto a few times.. http://pastebin.com/sDV6rWiB

But.. I am still here  8)

But i raised a good point no ?
Since the stakes have gone far higher and now we have super millionaires making scammy ICO's with billion dollar cap's maybe they will start murdering FUD'ers ?

To them i say.. you can't stop me, i will FUD from the grave !

If Monero (Risto) and Ethereum (Butterin) pool their money together who knows what they could accomplish ;)

never give up be strong
make fud stronger
they become weaker
is ingredient of being


Title: Re: How to make a 100,000$ with an ICO
Post by: reb0rn21 on July 02, 2016, 01:27:28 PM
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop


Title: Re: How to make a 100,000$ with an ICO
Post by: GreenBits on July 02, 2016, 02:47:08 PM
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop

I blame the investors. People wouldn't try these shameless cash grabs if they didn't smell blood in the water. And this is because we have literal children that can't spell due diligence investing in these assets. The SEC has a purpose, if this sphere were regulated, people wouldn't even be able to advertise some of this stuff.


Title: Re: How to make a 100,000$ with an ICO
Post by: electronicash on July 02, 2016, 03:19:00 PM
How can you explain the RISE team, they do have photos, linkedin profiles and one of the team named Alty had once been involved with Cloak Coin, which up to now it circulates and somehow got good value as well. They're the only team i've seen showing faces really. Lisk, waves, Dlisk did show only one person as the lead dev.


Title: Re: How to make a 100,000$ with an ICO
Post by: isvicre on July 02, 2016, 05:33:10 PM
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop
It didnt start with ether,  it has been happening for years now.  Most altcoins serve no purpose other than a pump and dump profit for early investors. More people are starting to see that now.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 11:01:47 PM
To be honest I don`t know who to blame more ppl investing or people making ICO to get rich fast, the hype started most with ethereum so now many miners I know would invest in ICO because they think that is the one which can make them rich

They don`t care what it do or even does it do anything, the primary goal is to have profit as fast as possible, and we know that is not possible, someone has to lose for other to gain
And if you say something bad about project or try to reason, they will behave as kids who lost lollipop

I blame the investors. People wouldn't try these shameless cash grabs if they didn't smell blood in the water. And this is because we have literal children that can't spell due diligence investing in these assets. The SEC has a purpose, if this sphere were regulated, people wouldn't even be able to advertise some of this stuff.

I think its a 2 way game

1. Sometimes investors hype projects intentionally with the intention of an early exit making younger, new investors take losses
2. Devs hype exceedingly making Investors take a loss.

While am anti-regulation (personally) - It'd be interesting to see if smart contracts and other innovation on the blockchain can help curb some of the embezzlement occuring in the ecosystem atm.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 02, 2016, 11:02:44 PM
How can you explain the RISE team, they do have photos, linkedin profiles and one of the team named Alty had once been involved with Cloak Coin, which up to now it circulates and somehow got good value as well. They're the only team i've seen showing faces really. Lisk, waves, Dlisk did show only one person as the lead dev.


I'll need to look extensively into them before I can comment on this.


Title: Re: How to make a 100,000$ with an ICO
Post by: Spoetnik on July 03, 2016, 02:27:59 AM
You realize the only thing thing all these people here will "SAY"
Is i agree those other ICO's are ohhhhh soooooo scammy
..but not MINE  ::)


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 03, 2016, 03:55:20 AM
You realize the only thing thing all these people here will "SAY"
Is i agree those other ICO's are ohhhhh soooooo scammy
..but not MINE  ::)

Very true.


Title: Re: How to make a 100,000$ with an ICO
Post by: electronicash on July 03, 2016, 04:54:14 AM
How can you explain the RISE team, they do have photos, linkedin profiles and one of the team named Alty had once been involved with Cloak Coin, which up to now it circulates and somehow got good value as well. They're the only team i've seen showing faces really. Lisk, waves, Dlisk did show only one person as the lead dev.


I'll need to look extensively into them before I can comment on this.


i can't say all of them are scammy really the fact that they are attending meetings with other dev team. Waves have been meeting with different people and has picture posted for ever news.  Sasha even posted a picture with all the ladies almost all naked.   i know that was edited. :)


Title: Re: How to make a 100,000$ with an ICO
Post by: rustynailer on July 03, 2016, 07:41:31 AM
How can you explain the RISE team, they do have photos, linkedin profiles and one of the team named Alty had once been involved with Cloak Coin, which up to now it circulates and somehow got good value as well. They're the only team i've seen showing faces really. Lisk, waves, Dlisk did show only one person as the lead dev.


I'll need to look extensively into them before I can comment on this.


i can't say all of them are scammy really the fact that they are attending meetings with other dev team. Waves have been meeting with different people and has picture posted for ever news.  Sasha even posted a picture with all the ladies almost all naked.   i know that was edited. :)

They are all scams, no exceptions.  They all try to claim that they are different this time and they all get proven to be a shit show for the investor over time.



Title: Re: How to make a 100,000$ with an ICO
Post by: Arrakeen on July 03, 2016, 01:04:36 PM
This is the greatest post I've read this year - most relevant to the times right now as well. More people need to read this!


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 03, 2016, 01:32:25 PM
This is the greatest post I've read this year - most relevant to the times right now as well. More people need to read this!

I think one thing I really did miss out on is how individuals partaking in such ICO's often start out with good intentions and end up with wrong results owing to greed, teams splitting and similar reasons.
I am trying to get a book written on one of the biggest names in the field. However, this is contingent on his agreement. He's fairly mad at me for this post though.  :'(


Title: Re: How to make a 100,000$ with an ICO
Post by: Alepaff on July 06, 2016, 12:08:22 AM
Thank you very much for the post, I am some newbie in the ICOs, but this will help me and many other people, to prevent and investigate more, to know who to trust and who not.


Title: Re: How to make a 100,000$ with an ICO
Post by: jackychan on July 06, 2016, 01:44:08 AM
Its seems not easy to processing :-\


Title: Re: How to make a 100,000$ with an ICO
Post by: TheMage on July 06, 2016, 05:39:16 AM
This is the greatest post I've read this year - most relevant to the times right now as well. More people need to read this!

I think one thing I really did miss out on is how individuals partaking in such ICO's often start out with good intentions and end up with wrong results owing to greed, teams splitting and similar reasons.
I am trying to get a book written on one of the biggest names in the field. However, this is contingent on his agreement. He's fairly mad at me for this post though.  :'(

Send me a PM


Title: Re: How to make a 100,000$ with an ICO
Post by: monsanto on July 06, 2016, 08:01:40 AM

Step 4 : End of ICO

This is where majority of the investments come in place. With a prototype in place and the shilling accounts going wild most people send in money as they believe they are now closer to an ICO. Most ICO’s see about 60–70 percent of the funds come around the end of the ICO. This is driven by 2 things
Fear of Missing out or FOMO as some call it. Investors think its a good idea to buy in towards the end of the ICO to either hold or sell as the prices go as the coins get listed in public markets. Most scammer coins list themselves in select markets to help them manipulate markets (more on this later)
A good amount of the ICO amount is bitcoin that the devs send in to make the ICO look legit. For instance, if an ICO already has about 60 BTC in “investments” — then odds are high it will manage to raise another 100–200 Bitcoin. A good way to see if this occurs is to verify if all of the investment funds go to a single verifiable account. A good number of ICO’s here have multiple investment BTC wallet account — you are free to make your conclusion. Also keep in mind, the dev is able to manipulate the markets with this “investment” of his. If this ICO managed to raise 240 Btc — then 25 percent of the coins + whatever dev fund exists goes into the pockets of the dev. This is an ample amount to manipulate the markets


This buying by the dev of their own ico is the root of the ico scam, all the other things are just sideshows.  It's basically impossible to stop in an unregulated market and it's why almost everything here is doomed.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 02, 2016, 07:17:04 AM

Step 4 : End of ICO

This is where majority of the investments come in place. With a prototype in place and the shilling accounts going wild most people send in money as they believe they are now closer to an ICO. Most ICO’s see about 60–70 percent of the funds come around the end of the ICO. This is driven by 2 things
Fear of Missing out or FOMO as some call it. Investors think its a good idea to buy in towards the end of the ICO to either hold or sell as the prices go as the coins get listed in public markets. Most scammer coins list themselves in select markets to help them manipulate markets (more on this later)
A good amount of the ICO amount is bitcoin that the devs send in to make the ICO look legit. For instance, if an ICO already has about 60 BTC in “investments” — then odds are high it will manage to raise another 100–200 Bitcoin. A good way to see if this occurs is to verify if all of the investment funds go to a single verifiable account. A good number of ICO’s here have multiple investment BTC wallet account — you are free to make your conclusion. Also keep in mind, the dev is able to manipulate the markets with this “investment” of his. If this ICO managed to raise 240 Btc — then 25 percent of the coins + whatever dev fund exists goes into the pockets of the dev. This is an ample amount to manipulate the markets


This buying by the dev of their own ico is the root of the ico scam, all the other things are just sideshows.  It's basically impossible to stop in an unregulated market and it's why almost everything here is doomed.

Part of the problem is lack of quality reporting.
Here is a confession I have as part of relying on the industry

-Most income comes from ICO's that offer a decent money for writing xyz
-If I write out against the ICO / offer critical analysis on the tech - I lose out on income
-This conflict of interest keeps a good number of people away from speaking out.

I am slowly trying to move away from ICO's and creating other sources of income so that I can shed more light on the industry in the weeks to come.


Title: Re: How to make a 100,000$ with an ICO
Post by: swalayan on November 02, 2016, 09:43:35 AM
the point is you still need money to make money  ;D


Title: Re: How to make a 100,000$ with an ICO
Post by: Videodrome on November 02, 2016, 04:44:40 PM
It sickens me to increasingly see the sad state of ICO’s and fundraising within the community. While Bitcoin and decentralized currencies have bought along with it the power to remit across borders and garner the power to invest and buy into emerging projects that may seem interesting, it has also enabled sick minds to loot off the innocent with little to no consequences. While I align with the freemarket’s principal’s that investments should be made open to anyone and those who do not conduct their due research would eventually lose out, I am not in sync with the sheer amount of scams that have happened in the recent past. This post of mine is a follow up post to a previous thread where I explained why ICO’s have become a get rich quick scheme for a select few.

Today, I’ll be talking of how the people behind ICO’s reach their goals.

Step 1 : Buy lots of shill accounts.

Before an ICO occurs, people often buy ten to thirty aged accounts within the forum. If you observe our marketplace, this is a market in itself. I know of individuals that have payed upto 500 USD for 20 aged accounts. The pricing may vary anywhere between 5 to 100 depending on the age of the account, quality of the post and the trust it holds. These shill accounts are often hacked and/or created by a single individual for the purpose of selling. Shilling lies at the heart of most ICO’s as they are used to manipulate investor sentiments. Additionally, they are used to argue against individuals that speak out against ICO’s. Consider a situation where an individual explains that the business model makes no sense. The founders of the ICO go behind shill accounts and talk in order to manipulate the markets and convince investors that the state of things are different.

Step 2: Warm the shill accounts.

Since it has become normal for people to look up the accounts that post a lot in certain ICO’s, scammers warm these accounts with the intent of making them look legitimate. They begin making random posts in random pages to fill the first “posts” page of the shill. The psychology behind this is that most individuals often look only at page 1 of the shill’s posts and make their decisions. When they see frequent posts in other pages they believe this might be a legitimate account. As a matter of fact, ICO’s are often held by individuals that have been here for years and know a fair amount about other projects. So they do not find it difficult to go behind a shill account and begin posting things that might not be considered spam.

Step 3: Buy 4 major hero accounts.

These accounts are usually used as the “founders” of the project and portrayed to be the leads. These accounts are fronted as marketing, business, developer and so on to make it look like there is a real time in place. In some cases a single person plays all these persona in their room. This is sickening because most investors think they have an actual team they are investing into but in most cases these are fake id’s and/or non existent people. Often, you will notice these fake accounts make elaborate posts about the industry and hype the thread. What’s funny about these persona’s would be the fact that you will almost never see a common link or previous projects the team has worked on prior to the ICO

Step 4 : Graphics and fancy threads.

This is where the scammer basically hires a GFX specialist and pays him 100 dollars to make a really fancy thread. He will also set up really manipulative terms that will make you invest more than what is probably within your budget. For instance — higher profit margins or dividends for buying x amount of Bitcoin. Keep in mind, this is entirely a psychological game. While some of the larger ICO”s that run in the million dollar range have on-board GFX specialists to keep releasing new infographics, most of these scammers do a one time payment of a couple hundred dollars and get done with graphics. Keep in mind, these guys are not looking to set a new record for fund raising. They are looking to raise around 100–500,000 dollars and then get done with it. In a lot of cases they wish to be large enough to make it worth their efforts but small enough to not attract attention.

Step 4 : End of ICO

This is where majority of the investments come in place. With a prototype in place and the shilling accounts going wild most people send in money as they believe they are now closer to an ICO. Most ICO’s see about 60–70 percent of the funds come around the end of the ICO. This is driven by 2 things
Fear of Missing out or FOMO as some call it. Investors think its a good idea to buy in towards the end of the ICO to either hold or sell as the prices go as the coins get listed in public markets. Most scammer coins list themselves in select markets to help them manipulate markets (more on this later)
A good amount of the ICO amount is bitcoin that the devs send in to make the ICO look legit. For instance, if an ICO already has about 60 BTC in “investments” — then odds are high it will manage to raise another 100–200 Bitcoin. A good way to see if this occurs is to verify if all of the investment funds go to a single verifiable account. A good number of ICO’s here have multiple investment BTC wallet account — you are free to make your conclusion. Also keep in mind, the dev is able to manipulate the markets with this “investment” of his. If this ICO managed to raise 240 Btc — then 25 percent of the coins + whatever dev fund exists goes into the pockets of the dev. This is an ample amount to manipulate the markets


Step 5 : Dreams and Marketlisting

This is where the Dev would bring in massive hype and begin listing the coin on 1 or 2 exchanges tops. In some cases he would have bots placing hundreds of orders in the order books and cancelling them or buying and selling into his own orders to fake the volume of the coin. Again, this fudging is done in order to show there is actual demand for the coin. He uses manipulation of the books to bring the prices to the highest possible price and then liquidates the coins he holds in the process. During this period he acquires as many Bitcoins as he possibly could within a short period of time. Ideally, he also takes a tiny break to recover from all the work done during the ICO — then returns to the hype cycle.


Step 6: Crash, burn and repeat.


During the crash phase the shills go silent, the dev dissapears and all of a sudden the dev realizes he has a real life to maintain too. A number of excuses and delays pop up leading to the community losing faith in the coin. Massive dumps begin happening and the price of the coin falls crazily. Investors that bought in with hopes of doubling their cash often sell at a loss. All this, while the Dev stands back and watches the show. Keep in mind he is well stacked with Bitcoin at this point of time. He holds back news and ensures there is no hype with the shills going silent. As the market crashes he will buy back the coins and hold them in multiple wallets. Once this happens he will return explaining where was all the while and have the shills change investor sentiment to positive.


There you go guys — 6 steps to making 100,000 USD a month.

Think this is a joke ? I’ll be breaking down each one of these steps mentioned and correlating them with ICO’s in my next post. I know this might seem like a “noob” post to many on here but sadly — this is not for people who think so. This post was made for the sake of the enthusiast who read of Bitcoin somewhere and began digging up on it and stumbled on the forum, for that student who’s put in his tution money thinking he will make some profit and live a life of comfort for a while, for the dad who’s spent more than he can afford to lose in the ICO’s here.


My next post will correlate existing ICO’s with the steps mentioned here.
Have an ICO you wish to have investigated ? Post here with links to them.
— — —
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Wish to collaborate on my research ? Read https://bitcointalk.org/index.php?topic=1483919.msg14980644#msg14980644
Wish to read my prior thread ? Read : https://bitcointalk.org/index.php?topic=1525769.msg15354206#msg15354206
Wish to hire me ? https://bitcointalk.org/index.php?topic=1529300.msg15389263#msg15389263
I am very open to donations.

Send them to :
14Pjnytt91y5EkEsFew8rsYmW557rtVPYz

You seem an intelligent and smart person but in my modest opinion you generalize too much, like politicians.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 02, 2016, 06:15:25 PM
^Thank you for the honest opinion.
I'd written a follow up post explaining why ICO's can change capitalism in itself for good.
This post was more / less a rant post.
Appreciate the kind words.


Title: Re: How to make a 100,000$ with an ICO
Post by: neurotypical on November 02, 2016, 06:39:20 PM
You could say this is accurate, but we can't think that all ICOs are scams, because that hurts the legitimate projects, even if they are few of them, some of them are legit and put countless hours into their work, so treating it all as a scam doesn't help anyone.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 02, 2016, 06:47:45 PM
Take a look at this article - as it was my follow up to this post
https://bitcointalk.org/index.php?topic=1534276.msg15450177#msg15450177


Title: Re: How to make a 100,000$ with an ICO
Post by: Daffadile on November 02, 2016, 07:38:53 PM
Oh god that's a revelation  ;D
I wonder if these are true. so sasha of waves is actually just on his own? Damn. I don't see him having a team behind him actually but just having few on the list of usernames but no faces.



Bobsurplus did this multiple times and didnt hide the fact he did it.

Even with this knowledge people still bought in. Why? Because greed is god here. They knew he could pump an ICO and gambled thinking they could dump faster than he could.

Think about it, it was so bad that people knew about what was going on but got into it trying to make a quick buck.


The sad part is legitimate businesses in the ecosystem could clearly make ROI's that far exceed bank interest rates.
However the "hustlers' here don't understand the value of long term gratification, effort and god damn common sense.

Yes exactly !!  These scammers are actually really stupid. They cannot see into the future. They eat all their bread in one day then the next the starve because they didn't think of the future. Like the pizza story. Why have a pizza now when you can have 3 next week ?

The scammers makes 6 months of profit without cost in one foul swoop but what about after that ? Rather take 2 years to make that money and then still have a company that make you money for another 2 years. Even getting 2 years worth of profits is stupid I would rather build the company and have it pay for the next 10 years. All you do is risk yourself getting caught each time and make people very angry. Scamming is not worth it.


Title: Re: How to make a 100,000$ with an ICO
Post by: monsanto on November 02, 2016, 07:42:17 PM
You could say this is accurate, but we can't think that all ICOs are scams, because that hurts the legitimate projects, even if they are few of them, some of them are legit and put countless hours into their work, so treating it all as a scam doesn't help anyone.

I'm not so sure about that.  IMO based on the track record of crypto scams ALL ICOs should be assumed to be scams until there's good reasons to think otherwise.  I mean the percentage that are not scams I would ballpark at far less than 10%.  When you've got a cesspool of scams like that "treating it all as a scam" would probably "help" a majority of the people not get ripped off.  Granted, there will be some that are really profitable, but even that doesn't mean we really know what is going on since it's totally unregulated and usually has little transparency.

But I get what you're saying, there are hard working devs out there looking to make deserved profits from interesting projects, it's just such a tiny amount of the total.  And it doesn't seem like anything is hurting their ability to raise ICO money except the mass of scam ICOs diverting investors funds that could be used for the quality projects.  In anycase I can't think of too many quality projects that have had trouble raising ICO funds recently. I mean the entire ICO system has gone bonkers.


Title: Re: How to make a 100,000$ with an ICO
Post by: socal on November 02, 2016, 07:56:53 PM
You seem to understand how to generate funds using ico in the bad way, do you by chance understand how to raise ico for genuine project ?
I feel you research will be balanced if you can do that as well.


Title: Re: How to make a 100,000$ with an ICO
Post by: Videodrome on November 02, 2016, 08:00:05 PM
^Thank you for the honest opinion.
I'd written a follow up post explaining why ICO's can change capitalism in itself for good.
This post was more / less a rant post.
Appreciate the kind words.

This forum needs more people like you, i hope to read more in the future!


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 02, 2016, 08:02:18 PM
^Thank you for the honest opinion.
I'd written a follow up post explaining why ICO's can change capitalism in itself for good.
This post was more / less a rant post.
Appreciate the kind words.

This forum needs more people like you, i hope to read more in the future!

Thank you for the kind words.
I am going to follow this up with a comprehensive study on ICO's and how much money has been lost in the process soon.
Sponsorships are welcome as I do not have the time / resource to do this at the moment.


Title: Re: How to make a 100,000$ with an ICO
Post by: monsanto on November 02, 2016, 08:43:24 PM
^Thank you for the honest opinion.
I'd written a follow up post explaining why ICO's can change capitalism in itself for good.
This post was more / less a rant post.
Appreciate the kind words.

This forum needs more people like you, i hope to read more in the future!

Thank you for the kind words.
I am going to follow this up with a comprehensive study on ICO's and how much money has been lost in the process soon.
Sponsorships are welcome as I do not have the time / resource to do this at the moment.

You could always do an ICO to raise money for your research  :P .  In all seriousness though it is a commendable project.  Good luck  ;)


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 02, 2016, 09:16:10 PM
^Thank you for the honest opinion.
I'd written a follow up post explaining why ICO's can change capitalism in itself for good.
This post was more / less a rant post.
Appreciate the kind words.

This forum needs more people like you, i hope to read more in the future!

Thank you for the kind words.
I am going to follow this up with a comprehensive study on ICO's and how much money has been lost in the process soon.
Sponsorships are welcome as I do not have the time / resource to do this at the moment.

You could always do an ICO to raise money for your research  :P .  In all seriousness though it is a commendable project.  Good luck  ;)

An ICO to research upon how ICO's are bad for the ecosystem  :o
Not sure how people would react to that. Would you pledge towards it ? :)


Title: Re: How to make a 100,000$ with an ICO
Post by: Pitchblackroom on November 03, 2016, 04:24:46 AM
This ICO coin thing is just a new financial innovation just like the bad scryptcoins in late 2013 early 2014. There was lots of easy money to be made back then by just creating a coin and just trying to get it to a market to sell your premine.

ICO coins are just a new way of doing this.


Title: Re: How to make a 100,000$ with an ICO
Post by: g3rszpi on November 03, 2016, 10:42:13 AM
Ico's here in crypto should be not used only as crowdfunding but as a distribution method since its the fairest imo
Because:
 - if you don't have any mining equipment you have no chance at PoW coins
 - Free distributions can be tricked by devs with fake accounts
in case of ico its clear and simple with no tricks. every investor gets from the ico in proportion with their investment, it cant be tricked


Title: Re: How to make a 100,000$ with an ICO
Post by: rokkyroad on November 05, 2016, 09:39:31 PM
You could say this is accurate, but we can't think that all ICOs are scams, because that hurts the legitimate projects, even if they are few of them, some of them are legit and put countless hours into their work, so treating it all as a scam doesn't help anyone.

You have to assume all ICOs are scams unless you want to lose your money. It is impossible to tell the scams from the honest projects. Too bad for the honest projects if there are any in this realm.


Title: Re: How to make a 100,000$ with an ICO
Post by: BiTZeD on November 06, 2016, 08:08:42 PM
So funny post :D ! Yes, that might be tru to some, but the biggest ICOs (the only ones I know) do not work with this scheme.


Title: Re: How to make a 100,000$ with an ICO
Post by: gufpmvgw3334 on November 07, 2016, 12:45:02 PM
It seems so hard.
but if you invest a lot of money for example 1,000,000$ in a ICO, after it launch exchange ,the price go up 10% or more,you may make a 100,000$. 


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 07, 2016, 12:45:54 PM
Dude. This should be a book on amazon 😁

I am working on a book :)
How much would you pay for a book on the funniest events in crypto-history ?

Regards


Title: Re: How to make a 100,000$ with an ICO
Post by: YIz on November 07, 2016, 11:14:34 PM
I would like to see a little breakdown of the Opair ICO. this was an obvious scam but people still invested and let SebastianJu release funds from escrow.


Title: Re: How to make a 100,000$ with an ICO
Post by: DimiZb on November 08, 2016, 04:56:16 AM
Recent scam projects, declouds and opair did this, why you taught them?  >:( >:(


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 08, 2016, 10:20:34 AM
I would like to see a little breakdown of the Opair ICO. this was an obvious scam but people still invested and let SebastianJu release funds from escrow.

Taking more requests for doing some research

>Opair
>What other coins can I add in the list ?

P.s - If you have incriminating evidence / stories I can write about please drop me a message.


Title: Re: How to make a 100,000$ with an ICO
Post by: Gahs on November 08, 2016, 12:12:06 PM
Why do people let scam developers get away with it?.. Like if I were a victim of a scam ICO, I would rally up people to fight a good cause. >:(


Title: Re: How to make a 100,000$ with an ICO
Post by: clickerz on November 08, 2016, 01:12:49 PM
This ICO coin thing is just a new financial innovation just like the bad scryptcoins in late 2013 early 2014. There was lots of easy money to be made back then by just creating a coin and just trying to get it to a market to sell your premine.

ICO coins are just a new way of doing this.

Yes, and sad on whats happening right now though there are ICO's that good enough most i've seen is becoming scam after they release. Only the developers become rich and after they released, after several weeks or months, devs are gone.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 11, 2016, 07:54:02 PM
Take a look at this : https://bitcointalk.org/index.php?topic=1677677.0 :)


Title: Re: How to make a 100,000$ with an ICO
Post by: MikeMike on November 11, 2016, 08:14:56 PM
Look into LBRY use of bought high profile nics for their Team members (OP page creator) to give themselves credibility.
There was mention if I remember correctly in my research that the person in connection to/with LBRY
who bought a high profile NIC had also bought a few more, but researched no further as I had enough
already for me to make my decision.
I presume other coins/projects might have also done this.


Title: Re: How to make a 100,000$ with an ICO
Post by: collin_thompson on November 13, 2016, 01:22:24 AM
Premine like ether (72 million coins) and just pull off one of the biggest scams on the plannet.  Poor souls who bought... Im sorry.. IM sooooooo sorry......

Ether deserves a separate post in itself. Keep in mind this is specific to the mini-ICO's that raise 200-600 BTC's and not the large ones.

What would be a way that the community could come up with, and adhere to a process that investors can follow and issuers can follow to show the veracity of thier intentions?

I dont think ICOs as a whole are bad, but you bring up some great points, that people who are not tech savvy (in some cases not biz or socially savvy) but may have an interest in cryptociurrencies just would not know. to be contrarian, what makes a high quality ICO? so investors could be able to check boxes as a preliminary step and then use thier own judgement after they have gone through a process.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 13, 2016, 01:25:11 AM
Premine like ether (72 million coins) and just pull off one of the biggest scams on the plannet.  Poor souls who bought... Im sorry.. IM sooooooo sorry......

Ether deserves a separate post in itself. Keep in mind this is specific to the mini-ICO's that raise 200-600 BTC's and not the large ones.

What would be a way that the community could come up with, and adhere to a process that investors can follow and issuers can follow to show the veracity of thier intentions?

I dont think ICOs as a whole are bad, but you bring up some great points, that people who are not tech savvy (in some cases not biz or socially savvy) but may have an interest in cryptociurrencies just would not know. to be contrarian, what makes a high quality ICO? so investors could be able to check boxes as a preliminary step and then use thier own judgement after they have gone through a process.

We have an industry that is built off scamming. We need to talk about these issues and fore-go short term greed for long term goals.
It is only when that occurs that crypto can really change the world. A lot of people don't realize Satoshi didn't release his code to a bunch of traders looking to pump and dump. It was released to a think-tank capable of nurturing it for 3, maybe four years before it attained scale. That kind of leadership and patience is non existent in crypto, ever since.


Title: Re: How to make a 100,000$ with an ICO
Post by: fr4nkthetank on November 13, 2016, 04:44:47 AM
dude.  this analysis is spot on.  spot.  on.


Title: Re: How to make a 100,000$ with an ICO
Post by: John Charles Leon on November 13, 2016, 04:52:04 AM
I've made millions in ICOs


Title: Re: How to make a 100,000$ with an ICO
Post by: fr4nkthetank on November 13, 2016, 05:05:46 AM
I've made millions in ICOs

got some spare change, I need winter tires :)


Title: Re: How to make a 100,000$ with an ICO
Post by: monsanto on November 13, 2016, 11:56:38 AM
I would like to see a little breakdown of the Opair ICO. this was an obvious scam but people still invested and let SebastianJu release funds from escrow.

Taking more requests for doing some research

>Opair
>What other coins can I add in the list ?

P.s - If you have incriminating evidence / stories I can write about please drop me a message.

I don't know of the ICO aspect but RhinoCoin was pretty f'n crazy.  You might want to look into it because I remember many days where it had a trading volume in the millions of dollars which at the time would have meant something like every coin in existence being traded in a 24 hr period or something ridiculous.  Of course it all happened on some chinese exchange I'd never heard of before.  I just remember seeing rhinocoin in the top 5 or 10 coins for trade volume every day on coinmarketcap and thinking really? a fucking rhinocoin?


Title: Re: How to make a 100,000$ with an ICO
Post by: buwaytress on November 13, 2016, 04:33:17 PM
Hi there, indeed stumbled upon your thread although I actually know you from another.

I definitely feel for the thousands of people who continue to be duped by ICO - especially those who buy-in in good faith, absolutely thinking that they're doing something useful for a legitimate cause.

Of course, greed is the driving force behind many (who are perfectly aware of the scam) who as mentioned believe they can dump faster than the others. They regularly make profit from this slightly more sophisticated form of HYIP.

Would be very interested to read more on your investigative findings - and would love to be part of it once I get my head properly wrapped up around crypto. Am a former journalist myself more used to dirty work on the ground. Perhaps some day soon, there could be a 3rd party doing due diligence for all new ICOs and help potential investors gauge the soundness of their business plans.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on November 13, 2016, 06:46:19 PM
Hi there, indeed stumbled upon your thread although I actually know you from another.

I definitely feel for the thousands of people who continue to be duped by ICO - especially those who buy-in in good faith, absolutely thinking that they're doing something useful for a legitimate cause.

Of course, greed is the driving force behind many (who are perfectly aware of the scam) who as mentioned believe they can dump faster than the others. They regularly make profit from this slightly more sophisticated form of HYIP.

Would be very interested to read more on your investigative findings - and would love to be part of it once I get my head properly wrapped up around crypto. Am a former journalist myself more used to dirty work on the ground. Perhaps some day soon, there could be a 3rd party doing due diligence for all new ICOs and help potential investors gauge the soundness of their business plans.

Sent you a PM.
Would love to have some hands on what I am about to do.


Title: Re: How to make a 100,000$ with an ICO
Post by: TrueAnon on November 14, 2016, 07:33:22 PM
Great post OP, thanks for sharing


Title: Re: How to make a 100,000$ with an ICO
Post by: jay8291 on November 17, 2016, 11:30:34 AM
Very True. Its very easy to make more than 100k in ICO scams. i am in only some major and big ICOs


Title: Re: How to make a 100,000$ with an ICO
Post by: Ryan Dugan on November 28, 2016, 01:31:40 AM
This is pretty sad so many people that try to do this and steal the bitcoin out of other users pockets. For their greed that leads them to scam others and they get away with it once they do it again and again and more and more. Little to no recourse for their actions so they habe no fear.


Title: Re: How to make a 100,000$ with an ICO
Post by: avilsd on July 26, 2017, 04:13:10 PM
This is such an amazing post, I'm definitely linking back to it on my Steemit and YouTube channels :) Worth a solid laugh, but also a serious problem as a lot of newbie investors are dumping a lot of money into ICOs that ultimately fail. It's the internet dot-com bubble all over again, but this might be more short lived. It's fascinating seeing stuff like Eroscoin and similar, just absolute shitcoins. Sorry for renewing the topic, but it's funny how even months later this is still as relevant as ever before, with a couple coming out each week. It seems like some have fake exchanges too!


Title: Re: How to make a 100,000$ with an ICO
Post by: Mtrx92000 on July 26, 2017, 04:21:48 PM
Definitely agree with OP. I'm new to crypto world but from my whatever research I was able to do since couple of weeks, all I can say is that we have to do a lot research in not only the project but also the team behind it.


Title: Re: How to make a 100,000$ with an ICO
Post by: dissident on July 26, 2017, 05:38:20 PM
This was another sign there was a huge bubble. When I go 3 days without looking at coinmarketcap and there's a dozen new coins I don't recognize it's a sign that the market is frothy and people are throwing money at anything and hoping it sticks. This thread should be pinned indefinitely. Best explanation I've come across. There's a lot of naive people in the world who are trusting of what others say.. I've learned to take what they say with a grain of salt.

You look at china where they will clone anything and everything... they even clone PCGS coin holders along with the coins and try to pawn them on ebay... they'll surely scam you if they're willing to try to scam coin collectors out of thousands of dollars... they don't care about anything except money in their pocket.


Title: Re: How to make a 100,000$ with an ICO
Post by: Calangaman on July 27, 2017, 11:55:13 AM
Great post indeed!
It confirms what I suspected, thank you.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on July 28, 2017, 07:34:49 AM
Appreciate the kind words guys. Called the bullshit a year back. Now its no longer $100k, its millions.
Industry is changing and so are the challenges we'll face before we see Crypto going mainstream.


Title: Re: How to make a 100,000$ with an ICO
Post by: TrumpD on July 28, 2017, 12:15:22 PM
Interesting read, ICO scamming is a million dollar industry now. It is a phase that will pass soon enough like other scams, the community will cotton on and wise up. Personally, I never invest if I cannot verify the members of the projects team in real life. Even at that, it is still a gamble.


Title: Re: How to make a 100,000$ with an ICO
Post by: Blamsud on July 28, 2017, 01:59:43 PM
Interesting read, ICO scamming is a million dollar industry now. It is a phase that will pass soon enough like other scams, the community will cotton on and wise up. Personally, I never invest if I cannot verify the members of the projects team in real life. Even at that, it is still a gamble.
It's a good point too to know teams background, it can add trust on them that are investment will be on a right hands especially when they are approachable and determined. Having a trusted and responsible team support can make one's project successful.


Title: Re: How to make a 100,000$ with an ICO
Post by: wantjokull on July 28, 2017, 02:27:01 PM
Oh! That's pretty big paragraph there. So according to you this is blue print for an ICO and everybody reading here will make like 100,000 dollars a month. Wow is it really that easy as you are writing here. I mean no offence everything is just perfectly structured here but there is one important thing that everyone needs and that's "initial investment" which is huge and not everyone can afford it. That's why not everyone can really enjoy reading this post and make an successful ICO really. But this is really amazing that you have clubbed info so smoothly.


Title: Re: How to make a 100,000$ with an ICO
Post by: pigheadbig on July 28, 2017, 02:47:30 PM

An interesting guide for earn $100,000 with an ICO, it is true in some aspect, but the crazy in the last month is over now, more and more people has learned to do some deep research, instead of just following others. I hope every investors can do like this.


Title: Re: How to make a 100,000$ with an ICO
Post by: margrettco62 on July 28, 2017, 04:34:19 PM
i think to make $100,000 with an ICO then you need to lucky and risk  :)


Title: Re: How to make a 100,000$ with an ICO
Post by: Idrisu on July 28, 2017, 04:58:54 PM
I think you said this for scammers ICO and not the major altcoins we are seeing today that have give over 1000% returns to those who invest in those coin during ICO. Some coins we see there promote on this forum like strats, wave, lisk and Zcash has given the investors over a thousand percent return. Though op have a great point and he has make great statement  and exposed scamming activities on this forum.


Title: Re: How to make a 100,000$ with an ICO
Post by: cryptor0th on June 15, 2018, 08:33:02 PM
Feels strange. Wrote this 2 years ago. Over $10 billion raised through token sales since then.
Times change quick. Plots remain the same.


Title: Re: How to make a 100,000$ with an ICO
Post by: Lannie25 on June 18, 2018, 04:15:37 PM
 One hundred dollars are really huge amount and takes a huge investment as well, I think you should play smart in that game because it is a big gamble that all things are possible to happen.


Title: Re: How to make a 100,000$ with an ICO
Post by: Way2Paradise on June 18, 2018, 04:22:30 PM
apparently you can seem to make money with an ico so easily.

it's kind of sad that it's so easy.


Title: Re: How to make a 100,000$ with an ICO
Post by: alimarh on June 18, 2018, 04:26:53 PM
The best way to make such a huge amount of money is by researching and finding a good project then you will make your investment and leave for a very long time, maybe in years when you come back for it, it will even worth millions by then.


Title: Re: How to make a 100,000$ with an ICO
Post by: Msworld83 on June 18, 2018, 04:33:54 PM
Should I say investors cause many of these problem because we aim in making quick profit but not looking into what the technology can really do to the community and most of the best ico won't even make the soft cap talk less the hard cap but the clueless ico do makes millions and end up being worthwhile.


Title: Re: How to make a 100,000$ with an ICO
Post by: fathur01 on June 18, 2018, 06:18:16 PM
Premine like ether (72 million coins) and just pull off one of the biggest scams on the plannet.  Poor souls who bought... Im sorry.. IM sooooooo sorry......
Just a year ago, this coin was spoken about, and now Ethereum is the second most popular coin in the cryptocurrency market.


Title: Re: How to make a 100,000$ with an ICO
Post by: RevathNair on July 30, 2018, 07:09:23 AM
Premine like ether (72 million coins) and just pull off one of the biggest scams on the plannet.  Poor souls who bought... Im sorry.. IM sooooooo sorry......
#timeflies.


Title: Re: How to make a 100,000$ with an ICO
Post by: Spidorkal on August 03, 2018, 11:26:48 PM
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Title: Re: How to make a 100,000$ with an ICO
Post by: Dancing_Lion on August 18, 2018, 04:29:59 PM
Useful information! I think that such a large amount is not so difficult to earn. It seems to me that for six months it is quite real


Title: Re: How to make a 100,000$ with an ICO
Post by: becapital on August 21, 2018, 08:07:30 AM
For me, it seems like a lot of money that just needs to be taken away. One successful investment and 100 thousand dollars in your pocket.The main thing is to invest large sums.


Title: Re: How to make a 100,000$ with an ICO
Post by: Talat10gu on August 22, 2018, 11:05:23 AM
Icos are not able to get this money now I am sure, investors are afraid of being scamed and their investments are lower than they was in the last month, for example.


Title: Re: How to make a 100,000$ with an ICO
Post by: abuhazzan on August 23, 2018, 10:42:08 AM
Trust me, this is the best read i have had so far. So filled with good intent. The current state of most ICOs is truelly alarming. And there is a need to stem this ugly tide real soon


Title: Re: How to make a 100,000$ with an ICO
Post by: Phantomberry on August 23, 2018, 10:49:19 AM
For now mostly ico are scam they take advantage those newbie on ICO and they put a good whitepaper and promising word to the investor by creating a bounty programs and it doesn't think could bring $100,000 in a month.


Title: Re: How to make a 100,000$ with an ICO
Post by: yayat on August 26, 2018, 09:54:51 AM
Very interesting information and I like that.
Hopefully there will be more threads like this so that they can provide knowledge to others.

And to get $ 100,000 it might be difficult to do it in my country.


Title: Re: How to make a 100,000$ with an ICO
Post by: maronalex2 on August 27, 2018, 11:04:05 AM
It will be very difficult because it is important to understand the working processes of ICO, and you have to be a real specialist to make this amount of money.


Title: Re: How to make a 100,000$ with an ICO
Post by: cobak pole on August 27, 2018, 11:18:11 AM
for 100k $ we also need large capital maybe around 10k to 20k $ in getting 10 to 5 times the results. maybe when we get it now we need ico that has the potential to get results and like that.


Title: Re: How to make a 100,000$ with an ICO
Post by: FoBoT on August 27, 2018, 11:27:24 AM
Wao, this is a very good piece of information and I guess it will help but in the present condition of crypto, I think it will not be very easy to make his amount with an icos because now investors are scared of investing in a project but maybe when the market recover and you invest in 2 or more projects depending on how much you want to use, you can make this amount.


Title: Re: How to make a 100,000$ with an ICO
Post by: Vit83 on August 28, 2018, 06:39:28 AM
We need KYC for developers and CEO of ICOs;) We have to know their names, faces where they living) This can help to stop lots of scum) If you want my money show your documents) This works well in real life too;)


Title: Re: How to make a 100,000$ with an ICO
Post by: gumpoh on August 28, 2018, 06:46:16 AM
100,000 US dollars is not much for cryptocurrency, but the premise is that you want to invest more than the principal. If you invest a lot of money, it seems to me very simple. If you don't pay the principal, you want to get 100,000 dollars. It is difficult. Even the best ico projects require early funding.


Title: Re: How to make a 100,000$ with an ICO
Post by: Komanuelnato on August 28, 2018, 06:52:54 AM
I'm willing to join a real one, I can do programming and community managing. Thou I know people fall for scams


Title: Re: How to make a 100,000$ with an ICO
Post by: asradoni on August 28, 2018, 07:23:57 AM
For me, it seems like a lot of money that just needs to be taken away. One successful investment and 100 thousand dollars in your pocket.The main thing is to invest large sums.
In fact, not everything is as simple as describe. This happens only in movies, when you anything doing and get over profit... Ask the author how to get such profit in such a market? There are no such projects now, unless NEX, but the personal cap there is 1 thousand dollars and 100 000 you do not see as your own ears.