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here are a LOT of people against ICO. and i have to agree with them at a certain point but not how i'm trading. I've join JWL, UBIQ, WAY, LSK, and so many more and always came up with good profit.  why? Because ICO coins are being pumped in the beginning, and i'm always dumping to take my profit home.

Maybe that is a reason why people hate ICO, as most likely they bought higher , the dev dump and price drops below ICO price and they are making a lose when dev still making big profit

It's disgusting! Crypto was never meant to have shit like that it's against the morals of the movement and satoshi agrees

as trader, i think it is always bad.
money brings money, and if you lock at ico you cant do nothing... even if it doesnt fail still bad.

Trading you can always profit. if todays wasnt good, tomorrow you can recover you losses, and in a month or two(like most ico's) you can do a good amount of profit and still buy the coin at the launch - sometimes cheaper than the ico.

It's like asking if one regime is better than the other, it really depends on the human resource behind it.

This is the main reason many people enter ICO is to reap much profit from the very first pump , you will earn a better profit at a later time and i am not sure about any company that would gaurantee a sure shot profit in the long run,as many promising starts up closed their doors either due to hack or some other reason.Here many people are against ICO is simply because since this is not regulated scams are very common

Bad.

crypto currency isn't about making profit. no point in being an alternative to the greedy banks fiat if we ourselves become the greedy bankers.

This is true. Unfortunately it will never be like it was in the past. But ICO does bring professional developers who get paid to add features that we would not have seen.

Jewels is the best ico ever and I support legit icos.

ICOs are toxic to the cryptocurrency world. If you look at the number of cryptocurrencies in the top 10 that aren't ICOs and are projects that haven't been premined with real use cases and have a community then the list is quite small. From the top, Bitcoin, Monero, DigixDAO, DOGE(kind of). There are other projects that are growing and have much smaller marketcaps, but for the most part a lot of projects are just not genuine. The sad part is these projects attract developers with good intentions and people that join community who are interested in the tech, but the project is a ponzi. All I can say is do your due diligence and read guys.

that's the reason why most of them didn't came up and work well because of the early dumpers but those developers who already anticipated this kind of investors are willing to take their risk ico project like stratis and psb they have good support from the community after they went out from the ico the price still not being dumped so better check the usage of ico project that you will going to support and trust them to have some room to grow.

For short term investment it is good but for long term investments i am doubt about that, because it is like scam coins, ponzi or pyramid scheme by developer, there are not updating, innovation. It is dangerous in my opinion.

Let the market decide the opening price of a coin. Eventually miners and people putting in buy orders will meet in the middle and a price will be formed.

Agree.. with that icos are good for short term but long term is like your are in casino with a big house edge, and you can do nothing almost every coin will never come for real uses only small amount of them

lisk? i meant lisk is the best ico ever..

Depend on ICO and i would prefer those who got high volume of community and also have active devs that update some events and development of their coins like iconomi, but i don't want to hold or stake for longer months and just re roll the rest since i am afraid for ICO since their are many incident of ICO scam happened here and their are always be there making new coin who will trend.

ICO is good but your must rule requirement
- good dev reputation
- much team in join this team coin
- must escrow, not escrow don't buy, escrow must reputable and much clien record

Agree short term is good! If you are wise enough to trade with it. you cant earn a lot from short trade but we can say that you can always win from it Unlike long term trade something it will be dump then you will loose a lot from it :(

Genuine ICOs are always welcome but there were many cases when the devs used the ICO funds for their own benefits.
We can't ban ICOs as this will mean someone will have to come in to regulate the market which is very unpopular by crypto users.
The only solution is for users to educate themselves by doing research before putting in funds into an ICO.

ICO is only shown as a good thing, which means the idea of it is good but in reality those who are asking for ICO investment are 99.9% looking to scam and make some money out of it.

It is good because have been able to increase my BTC holdings, those people that got into Bitcoin early and mining can say other wise

There is no such thing as a "legit" ICO.
They are unfair and scammy by design.

For one thing they take a giant massive leap towards more centralization on a DECENTRALIZED currency.
Hell, most aren't even currencies at all.
And how could they be ?

What kind of a moronic retard makes a digital currency to replace Bitcoin then you need Bitcoin in order to buy it ?
Are you all fucking retarded or what ?  ::)

Further more you will all cry SCAM hard & loud when a coin has a 1 or 2% "premine"
But once AUR did it for %50 or ETH did it for 100% all of a sudden it's fine.

All an ICO is.. is a 100% premined shitcoin "scheme" for profit on centralized exchanges.
NOT a currency but a fucking Scheme "coin" ..for profit.

Which makes them ALL highly scammy by design !

ICO supporters are only supporting them to profit.. which is scam supporters defending their scams.
They talk as though they can justify a scam..
It's the same as defending a classical Pyramid scheme that existed long before Crypto coins did.
All these sleazy greedy profiteers say is well.. yeah they are scammy.. just not the one i am involved with shilling for.

It's the same busted fucked in the head logic as saying hey robbery is bad but if i do it for a good reason then it's ok.
Well, no retards it's not !
Bad is bad (as i have said here a 100 times before)

Most of you supporting that shit showed up late and ruined Crypto with this ICO crap.
You lowered the bar and made this far more scammy than it ever was.
Muttering stolen jibberish like Fintech or IPO or ICO or ITO or White Paper etc is a crock of shit.

ALL ..of those things are concepts stolen from REGULATED financial markets..
and then applied to a scene which is UNREGULATED which makes it super fucking scammy.

I started out mining coins with what ever i had laying around the house.
If i could not have done that i would have never EVER fucking started doing this bloody retard pathetic lame bullshit.
I watched as a huge massive flood of peons showed up mid-to late 2013 all one after another chanting how do i get money from my bank account to Cryptsy etc on their Troll-Box.. i was DISGUSTED !
I would never EVER take money out of my bank to buy shitcoins for profit.. like you ICO supporters do.

No point in trying to convince scam coin supporters.. you want profits and morals will not stand in your way.
What will ?

MONEY.

So when that guy said earlier Crypto won't go back to how it was before (it got extra scammy)
I say Bullshit !
If it becomes profitable to do the right thing then YES things WILL change.
All it takes is a carrot on a stick to herd the kidiot retard profiteer lemmings.
You know.. the type that really don't give a shit about ANY crypto coin.
The kind who simply showed up to make BTC to make FIAT
Which is the real goal.. FIAT.. the ole mighty dollar.

A real crypto currency supporter would not be caught dead publicly admitting to supporting scammy ass ICO bullshit.

Some support them though with their weak pitiful excuses..
The same type of morons who say ya.. give Poloniex your picture ID so you can buy ANON coins.
Or Ethereum will replace Bitcoin but you need FIAT then BITCOIN first to buy the ICO coins.
THAT is the type of greedy moronic dipshitry we see in crypto.

it's good only if it is done like lisk, where even if you coem later the first oen wil not have more coin then you, he will not have an edge, but even then all ico are trash because after the first pump they will be forgotten

I think that ICO is good for us because of the fact that its really helping us and its getting bigger and bigger too.
Its a good system if you are asking me.

actually their will always be high speculation for ICO coins actually which have big development team behind and also escrow in middle to handle all ICO funds. ICO coins may turned out to be profitable in early days when it get listed on exchanger and it will be upto you when you gonna dump your holding and how much profit you gonna take out of it. But we also have to remember what have happened to DAO holders recently.

99% all ICO are BS...and many will not even succeed with product launched as they promise, very poor for this crypto scene.

Hence why I like WBB dev and his coin/ecosystem and ACTUAL business plan, I think many will be surprised his offerings coming soon Oct 2016 into 2017. :)

ICO is good for those developers who love their project and want to make their coin a successful coin who start different facilities with their coin so that the demand is increased, while there are some developers who just want to collect the shares and then leave their coins to die for those I do not think ICO is better as if they spend their  own money for that project then they will love their project.

ICO's like declouds show us why ICO is a bad thing... way too risky.

This is not Kickstarter.. is there rules with Kickstarter ?

So, visit the declouds thread and you will get your answer. the owner is snatch over 280 btc and it's one of the reason people is against the ico project. to highly be scammer in this day. and so visiting them and you would know more detailed about that.

There have been so many scam ICO's in the past and existing,only few are keeping their words,so we need to have due diligence on ico that we are going to put our hard earned money

I disagree.
Like i just tried to say again earlier..
That is exactly like saying use due diligence with a pyramid scheme.
The very notion is retarded beyond comprehension people.

And YOU don't get it because you are almost certainly kids that do not know any better.

I recall a Pyramid scheme that was so prolific back in the 80's or 90's that TV shows used the idea as sitcom joke material.
Such as the old "Water Filter" Scheme.

In the episode of King of Queens Doug gets suckered by his neighbor over it etc.

This was not just TV either (i met people in person who were involved with the filter scam)
..they got the idea because the scheme was being pushed around the globe for ages.
And what do you fucking mouthy brats here know about it ?
Most of you were not even born yet..... so..........
Let me ask you.....

Have you done online research into pyramid schemes and figured out what the difference is between them and the Ponzi's ?
Have you read the testimonials from people who were suckered into them ?

NO YOU HAVE NOT.

All you people do is come here and shoot your mouth off ..for cash $$$

You can not justify a scam.
And a scam is a pyramid scheme and an ICO is a pyramid scheme.
So you are all here supporting them and making excuses for them.. because you are trapped in them
crossing your fingers hoping to get out with a profit.. JUST LIKE A PYRAMID SCHEME

GOOGLE IT !

You all never get it because your dumb.
You did NOT do your homework but think you have the answers.
You don't.

The reality is a pyramid scheme SCAM is defined by how it operates and functions.

If it works like one then it *IS* one !

It has nothing to do with opinions or feelings.. it's straight up engineering mechanics.

And sorry but you don't get to argue over mechanics.. it will not work. ever !

I suggest all of you get your ass on Google ASAP.  ::)

https://upload.wikimedia.org/wikipedia/commons/thumb/2/2d/PyramidSchemeMS.jpg/350px-PyramidSchemeMS.jpg

http://www.breathtaking-network-marketing-secrets.com/images/Pyramid-Scheme.jpg

All the ICO is ..is an adaptation of the classic scheme so it can be used with Crypto coins.

PS:
Don't think you are safe & secure playing with these either.
You could get arrested for making them or get burned supporting them .. ANYTIME.

A lot of ICOs are becoming scam but i don't think all though. there are legit ones that are genuinely trying to make innovations in the crypto and make things better.
ETH turn out to be good and if a user bought thousands of eth for 1 btc, it should be a huge profit for him and he may not be calling eth a scam.

You could run a pyramid scheme with a cure for cancer if you wanted to.

If you don't get that then you obviously don't get ANYTHING i have been saying about ICO's the last couple years.

Because you guys do not know what they are.. nor do you care.
That would interfere with your Bitcoin profits..

ICO coins or Iconomo is altcoin pretty good. it looks because the developer is actively developing this coin..  :D

but many are this way, they actively develop it at the start but then when the coin, is launched and dumped the dev vanish, and the coin is forgotten, and you will only realize that you lost tons of bitcoin for nothing

True, there are both have Good and bad it can give to anyone. But majority of the ico are being pump and dump only once the ico is being finish.

+1 Make your own research.

Yeah we all know that some ICO's are just there for creating a hype and make scammers rich. But I am sure there are a lot of ICO's where we deal with honest devs and they  need funds to make their idea/plan an succes.

Investing but make sure to research too.

Real ICO is good, like Eth, Fct, Storj, Maidsafe, Stratis, Lisk and so forth, they are legit and profitable. While scam ico are very bad and annoying, they should not be in here.

i think ICO is much more good and profitable for anyone and i get a good profit many times  from ICO and i think there is a lot of people  like to because they get profit easily from ICO , and there is some people do not like to ICO because not get profit with properly and i think it is the way that some people do not like ICO.

Ico sometimes being good and bad. Because some of new coins
are scam, ponzi scheme and others traders are being greedy.
Other traders also gain profit well, ico also good if dev have a plan
for the coins that will release in the market.

Good or not is just can defining from the result of the ico, at the pre ann about ico a lot of people will making a lot of prediction about the ico. but especially in this time too many the people is wanna creating their own coin for get a profit from them and that's show me the chance of risk in ico is increases. and that is be a risky today.

Line up to create new NOOB shit accounts to proudly proclaim you support scams. ::)

An ICO is essentially a 100% premined pyramid scheme.

Saying you support pyramid scheme's makes you a fraudulent scammer.
And i would never trust any prick who said he supports one.

You are decetful dirtbags by making excuses for them and on my shitlist.

I would advise people to avoid doing deals or trades of any kind with corrupt greedy shit talking losers in Crypto who support ICO scams.

..get burned later kidiots then dump your NOOB account (as usual)

So you basically are like everyone else. Nothing new here. ICOs are after all mainly overhyped pumps and after some time price is reduced.

You said that you agree with people saying that ICOs are negative phenomena, yet you continue of trading because it give you profits? Isn't it a bit hypocritical approach?

you know why there's a word "proof" in the proof of work?
...
that's why

ICO's are good to reap good profits and people are not looking for long term profits,there are many pump and dump coins and experienced users are reaping the profit while the noobs get to carry the dump coins :)

According to my knowledge, there were successful ICOs made big effect and fetched huge investments, Ethereum and Ripple started from ICOs, for that I think we should look at the team who perform the project and the new ideas which they display, it isn't necessary to invest in every ICO.

ICO may be good in the future, until there will be some regulations or legal protection against scams.

We're still far from that.

Today ico's are great but you need to know who the dev is 100% of the time and its got to be the real deal. Dont fall for fakes and you should be safe to invest in any ico.

i got 4 successful ico previously stratis,jewel,singular and especially psb. if you got in and believe from it you will really earn big i think its the developers and future plan thats we need to consider before we enter any ico.

even if you got lucky and earned some profit (even big profit) from an ICO investment that still does not mean ICO is a good thing.
you can simply look at these investment that were successful for you so far and see how many of them are still as high as the first pump?
thy all die because they are scams and a quick way of making money for the owners, premine holders and pumpers.

Some of alt are scam and lots of people are showing interest even that ico are too high risk but we need to take that risk to earn more bitcoins after the period of ico to made a good profit in the near future because ico are good in making money from the beginning and from the end of the ico period

ICO is good if project is good & innovative but now days most of ICO are part of scam, they just take money and run away without delivering what they promised.

I look at ICO like at start-ups. There not many ICO that have any business plan for future.
Mass adoption  ? That was 1000x with any coin around trying...
ICO like any others belongs to you or you invest or not.
You can choose invest in project/company like /Etherum/Lisk/Jewels/ICONOMI with known devs or you can try look for
irrational goals like deCluds, Opair projects that from 1st look seems to be scams.

In ICOs are burning people like old days with premined coins i see no big difference here but here honest devs are securing funds to
run working ecosystem if that ecosystem has a good business plan it can be succeed.

PS: like with start-ups 1/100 will be winner rest will burn you. This is truth.
Allways you need to know that there is a risk and you play digital coin casino.

I fully agree with you and I think that the ICO is good or us all and I think its also good because it has some good plans for the future too.
These are not just pump and dump altcoins.,..

Well there are really coins  dont  just  pump and dump  there are  still good  coins  to consider but  most  of  them are behaving this way which they pump hard and then dump hard after thats  why other  traders  on  buyers do suffer  lose with this  kind of  moves. ICO's  are good  to make decent profits  as long  you are alert enough  to sell when it launches to exchangers.

I think it's more complicated than Good / Bad..

Some coins have no mining system, and so have no way of distributing the coins the way BTC does.

The reason you have an ICO is so that you set a price floor for the coin.

If you give it out for free, nice I admit, it's worthless, and any user who received coins will sell them for little / almost nothing and still be up.

If you spend 1 BTC on the ICO you won't sell your coins for less than 1 BTC. This is the important bit. That's why you have to pay.

..

The problem with ICO is that the coin devs can, if they want to, spend the money they collect buying at least 50% of the initial distribution.

So, I think that IBO, BURNING coins, is the way to go..

Then you set the price floor, as you have had to spend(burn) coins, and the devs can't do anything dodgy.

(ps I'm not saying the devs would, but there is trust required, which there shouldn't be..)

I think ICO is gud because it allows the devs to get on with what they're gud at to develop the coin.

They are fully capable of doing it with out being paid a million dollars up front.
..weak excuse from an infamous fraud here  ::)

ICO = Scam

More importantly for you profiteers you have to look at how many end up having a price that is higher than when they start.

Out of the 100's if not thousands only a few managed to do that.
And it was because of heavy market manipulation. AKA: scammin'

not majority is ico coin this end scam
you can see this now is selling ico is finish pesobit(much people profit ico price only 350satoshi 5 day after ico finish listing in exchanger price 700 satoshi and this now price 4000 satoshi)
another big coin selling iconomi, anthsare and decent i think is same pesobit too buyer ico can take profit

so if you want buy ico, you must choose good dev and must use escrow

Well instead of running around trying to source money for their project they can focus on the development of the coin.

For me, investing in ICO is much better than other investments kinds, I have been watching many successful ICOs since I joined this forum, at least if the coin didn't mange to move up, you can sell your coins (or tokens) and restore your money, while in other investments, you might lose your money forever.

Lots of people are againts with ico's but if they getting if for free like giving away some of ico's they loving it , The reason why they love it? Coz they making money with that ico when the time comes imo. For me , Investment with ico's is good it comes bad when the ico's dead or become scammed.

ICO / Initial Coin Offering..That will bad if has a Team bad too and otherwise Will be good If had a Great Team and Of course Roadmap how it going ICO roadmap How they can bring people to investing their project

I think its not bad but also not super, its depending I think for some part it can turn into scam so I think its pretty risky.
It has more sided and I do not know if I can trust it.

ICO's are like pre-ordering a video game. The companies get lazy and end up slacking on development because they are sitting on a mountain of cash.

Yeah others hate this because of the high premine rate.But after you investing in bitcoin do research and gather some advice from the professionals in this forum.

Source money ? LOL  :D

You realize before you created your shill account here that *IS* how it was done ?

Explain to us all how Bitcoin and probably 1,000 coins were made before there was such thing as an ICO.

Did Satoshi have his hand out ?

And why is it when dev's said they need money for marketing etc with premined coins you cried scam yet........

You
are
full
of
shit
.

You support ICO's ?
Then would you support a mined coin with a 1 or 2% premine ?
And tread lightly scammy profiteers i can go back into your post history and see you crying SCAM on them.

Because if you are a blatant fraud then being a hypocrite too won't make much difference will it ?

Seeing  the roadmap of a particular  coin would be  advisable or you  must  obliged yourself  to look at it when you  intend to  invest  on a particular ICO because  you could somehow make decisions with the help of these things  because  you could able to  identify which coins  have  potential  or not.

Nowadays, still there is an ICO that can be consider as potential and legit anyhow. Though many of the ico are being pumped in the beginning. But still in the last they still helped a lot of community when it comes of earning in bitcoin.

For me in my assessment is definitely good, because this is where I started here, I got earned bitcoin through ICO that are potential. Then after the campaign I gained my bounty or rewarded according to my participation in their campaign. So it is really good to me very much.

altcoin can inraese big community bitcoin can inraese volume transaction
without altcoin, before in year 2012 bitcoin is nothing

altcoin can the big need capital money , capital money can get to selling in ico

Sometimes it is necessary, not always, but I believe it has its place.

if you came in the right place and right project ico perception can be that good but if you got scammed and dev didn't pay you i guess your assessment would different from then. both ways might be good or bad depend on how the project goes.

ICO is like funding a startup. It should not happen, since if you believe in your project, you could even work for free for a while, knowing that on the long time it will bring profit.
On the other hand, the ICO money could pay some more developers, marketing team and so on to make sure the coin will really be a success.

Unfortunately a lot of ICO were scams and people started thinking about ICO as the perfect recipe for scamming :(
All in all, ICO is very risky, but I can't tell it's good or bad (it depends on the project and team). I would never invest much in ICO and would check for reputable teams only.

Bitcoin was unknown for years while it gained traction. Today there isn't time to wait years and years before a Coin may or may not succeed so an ICO is the ideal solution to this problem. Who are you to say where people can invest their hard earned? Oh yeah I forgot, you're nothing more than a Spoetniktard.

Especially pesobit i think there is a lot of people are not realize if the price of pesobit will rocketing like this, too many people are doubtful with them and this is very surprised for me the price of pesobit already increase more than 1000%.

This is common thing to do when you are part of the  ICO or  shall we  say  you invested  to a particular ico and  most  investors would tend to do  is  directly sold all their coins on  the most possible peak price  in able to make  good profits.  but its doest matter if it dumped  because  a good potential coin  would   gradually rise  up again.

Totally agree, if you are smart to identify the right ICO, from this it's possible to spot  avery good profit buying early and holding...
But if you dive onto the first every ICO that blink on some trading platform, it's easy to get glued in some unclear scam coins perfectly packed with some marketing action and made from dev's that don't care about the development but only on dump all the coin and un away!
ICO are a form of investment (exactly like funding a startup) then be always smart and invest only what you can afford to loose if the startup goes wrong ;)

https://cdn.meme.am/instances/400x/58041567.jpg

---

@Fraudcache
Was that a retort ?
Well it failed badly sweet-heart  :D
Seriously, read what i said then your reply..

And WHO am i to say ?
Just callin' a spade a spade honey..
I am never saying don't spend your money (real money) here or there..
Just saying if you do buy scam coins for profit i will have no respect for you.

What i am saying (arguing) with you all for years is your blatant scams are.. scams.
They are THOUSANDS of pointless worthless little digital tokens created for no purpose than for trading on centralized government controlled exchange business's that make money off of poorly written GPL code.

This offends me for a variety of reasons.

First off..
You are all lying our ass off about the nature of them and their real true intention.
You are predators preying on the gullible with lies for bucks.. (real) bucks.. AKA: MONEY / FIAT $$$

2nd of all this bothers me because all of you are worthless dregs that should not be here.
Crypto coins were not invented for you greedy shady profiteers.
Crypto was created to get a currency created and used.. something you all do not care about.
..but *pretend* to. (while you count your money)

3rd is you all are abusing the concept of Open Source.. by raping it for profit.

BlockNET proves my point nicely..
He admitted he had created 75% of the code before posting his ICO "pre-sale" request
..for a million dollars in Bitcoin.
So uhhh tell me Minecache how in gods name did he create 75% of the code WITHOUT that $1,000,000.00 ?
Because he did NOT need it !

And the outcome ?
I checked back after one year of the dev crying Troll, FUD and "Smear campaign"
And he had let hosting expire and done nothing but tell the people on his SELF-MODERATED ANN topic "coming soon" for an entire year as they all got restless trying to support the project.

So tell me then if the million dollar smear campaign money did not go to coding or hosting costs then what did it go to ?
A plush and luxurious lifestyle because he posted a jpeg based ANN ICO topic that netted him 1 million fucking dollars ?

yup.. just another one (they all end up the same)

ICO = SCAM .

PS:
You did not answer the question..
Minecache do you support premined coins then ?

PPS:
I was here before you ruined the scene.
And no one else is speaking up so somebody has got to do it.
This ICO craze has lowered the bar so bad it's scraping on the ground.
And people around the world are not going to sign up here to say they agree with me..
Instead they will close the web page and IGNORE Crypto !

I suggest you "legit" dev's get vocal against "the scams"
Sitting in the corner quietly is not going to benefit you.

Me ?
I "Support" Monero so.. buy them from me for FIAT / Cash dollars $$$
Hmmmm wait a minute.. if i "wanted" Monero why would i be holding my hand out for FIAT ?
HMMMMMMMM ?? what a quandary huh ? MYSTERY !!!!!11111