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Title: Stay away from ICO Post by: Bitcoin-2018 on February 23, 2017, 10:51:41 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.
Title: Re: Stay away from ICO Post by: digaran on February 23, 2017, 10:58:16 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Or better be a stupid gullible and keep investing :D whenever I see these three letters I-C-O I get closer to barf on my keyboard.You deserve to lose everything. Title: Re: Stay away from ICO Post by: jjacob on February 23, 2017, 11:59:40 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. If you do your due diligence and see a coin with a radical new idea, you can consider investing. Looking at altcoins just because they are available in an ICO is a sure shot way to lose most of your money. Title: Re: Stay away from ICO Post by: iamnotback on February 24, 2017, 01:22:29 AM One of the problems is the ICOs are not raising money for development, but trying to cash out and leave the naive speculators holding the bag. They raise up to $15 million in cash! Do you realize that $15 million in cash invested into any of the Top 5 altcoins would skyrocket their marketcap into the $Billion range. Cash invested is not the same as marketcap (this is known as the wealth multiplier effect):
Your poll only lowers the minimum. Lower the maximum! Who wants to invest in another ICO with $15 million initial marketcap. That limits the upside and greatly increases the chance of downside. The entire point of buying in an ICO is to buy at a very tiny marketcap. Also if there is no one remaining to buy it after ICO, then the price will likely languish. Lower your maximum goal to 1000 BTC. You don't need more than $1 million to accomplish your development efforts (and Bitcoin is headed towards $2500 perhaps too soon). Even 500 BTC should be enough. Stop trying to cash out before you deliver the goods! Bastard scammers! Btw, the guys who are escrowing your ICO include Vlad who has produced technobabble bullshit about Casper for years. And nothing to show for it. Joe appears to come from that same Ethereum technobabble delusion. Jae Kwon banned me from the Cosmos (Tendermint derivative) Github because I showed technically and factually why their system security was entirely broken. I understand you have high aspirations towards a large existing lending market, but these people using these community loaning systems want fiat, not crypto. You are going to be trying swim upriver with technologically unsophisticated audience and underdeveloped onramps and offramps for crypto-currency in their locales. This will be a long, slow slog. You are misleading investors by insinuating that you can get an appreciable slice of that huge market any time soon. So the small initial marketcap is very important if speculators are to maximize their returns on this experiment. One of the problems is the ICOs are not raising money for development, but trying to cash out and leave the naive speculators holding the bag. They raise up to $15 million in cash! Do you realize that $15 million in cash invested into any of the Top 5 altcoins would skyrocket their marketcap into the $Billion range. Cash invested is not the same as marketcap (this is known as the wealth multiplier effect). Title: Re: Stay away from ICO Post by: maku on February 24, 2017, 01:27:47 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. But that is the point for many people! The are willing to take the risk and invest in the early development to grab the biggest share.They know that ICO at the later stage won't be as hyped and the initial pump is probably the biggest and fastest way to profit. This is the problem as we had influx of bad developers who tarnished concept of ICO and altcoin scene with their semi-legit projects. Title: Re: Stay away from ICO Post by: Undermood on February 24, 2017, 01:34:59 AM Taking part in ICO is risky especially for new comers. So the best way to avoid this is to buy it after hitting the exchange. Although the price is pumped several times.
Title: Re: Stay away from ICO Post by: shinratensei_ on February 24, 2017, 01:58:54 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Yeah, especially about the ico was putting the fixed price for his coin. totally it will get a lot of dump on the exchange site and just try to grab them through the exchange site. Title: Re: Stay away from ICO Post by: Winner on February 24, 2017, 03:26:00 AM It's like someone invested in an ICO while Bitcoin was around $700.00 and by the time that the ICO is finished Bitcoin went up to $1,100+.
ICO's have a bunch of hype and they get no recognition when 3 years goes by. The coins that actually survive is the ones that have a good technological platform within their Project and a really strong community base whether that be only one member or thousands of members. That is why Bitcoin survived because of the people who was interested in the Project before people started to type "Exchange?" in caps. With helpful inputs like how the messaging conversation style was on Sourceforge, there would be more room for the Project to grow instead of just using an ICO. Title: Re: Stay away from ICO Post by: redblue!! on February 24, 2017, 03:43:32 AM ICO is still attractive... ::)
Title: Re: Stay away from ICO Post by: Bitcoin-2018 on February 24, 2017, 04:39:17 AM Thanks for all the insights. I am out on all the ICOs going forward. If Developers got their hands on the money from the early stage of the development, it's a bad combination there is no incentive for them to keep it going in general.
Title: Re: Stay away from ICO Post by: disconnectme on February 24, 2017, 05:57:06 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. I do agree some ICO has really underperformed, this is as a reason of the sheep mentality in the space, some people don't do their own valuation of a project, why do I need to invest in a project that need just $1 million and has raised $2million. Title: Re: Stay away from ICO Post by: Spoetnik on February 24, 2017, 06:01:56 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Or better be a stupid gullible and keep investing :D whenever I see these three letters I-C-O I get closer to barf on my keyboard.You deserve to lose everything. The abbreviation has always made me cringe hard. I never supported one or bought / traded any ever once ! Nor will i.. I do not support the concept and the fact that they are all bullshit anyway. Why would people bitch about a coin with a small percentage premine yet support an ICO ? An ICO is very close to being a 100% premine. Coins mined at launch were made that way for a reason. The initial distribution method is the most important part. Miners provide a service and are there for rewarded.. So.. you shouldn't be abandoning them because you are not profiting of them. You SHOULD be abandoning them because they are a shitty way of launching a coin. Sadly.. ICO you made money from = Legit. ICO you lost money on = Scam. Like Ethereum ::) That IS how it works in the scene and it's pretty damn retarded right ? Title: Re: Stay away from ICO Post by: jossiel on February 24, 2017, 06:35:13 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. I can see that ICO's are just for profiting purposes. If you are one of those guy that are an avid ICO joiner and goes for profit after it's launching it's profitable. We already know the cycle of ICO's but there are some that are becoming stable and has a strong belief with their own project. Title: Re: Stay away from ICO Post by: carlfebz2 on February 24, 2017, 06:58:46 AM ICO hype is already over and now people are smart enough on not to easily to put up money on those ICO because of the previous circumstances that do happen like scam ICO and same as op when I do see that thing like announcements I do automatically ignore it.
Title: Re: Stay away from ICO Post by: xtyling on February 24, 2017, 07:03:05 AM ICOs are best to invest because you get a good ROI after it hit exchanges but research is important. A lot of people are traped in good advertised ICOs which turn out to be scams
First thing to check on ICOs are the Escrows being placed. If there is none, you should be careful and try to avoid those. Title: Re: Stay away from ICO Post by: iamnotback on February 24, 2017, 07:05:17 AM Re: WeTrust ICO Funding Goal Seem everyone believed 1000BTC should be the minimum cap, What I don't understand is that do this project need ICO in the first place. I have looked into the project and I believe this can be achieved without ICO funding What about the maximum which they've set at 12,000 BTC!?! That means if you buy this early for the 30% discount, then you don't know if they won't raise $15+ million, thus diluting your holdings with a huge marketcap (in terms of what $15 million cash would do to a marketcap either on upside or downside via selling pressure, that is the realm of $100s of millions marketcap of buying and selling pressure because marketcap is most always a multiple of the new cash that was actually invested on the exchange, because for example if the marketcap is $10 million then selling $1million can move the marketcap down to less than $9 million perhaps as low as a < $5 million). And then they have no incentive to actually believe and work hard to make the project a success, because they already cashed out $15 million! Their plan is pie-in-the-sky and thus very likely won't pan out. IMO, that is why they want to cash out upfront instead of making their money on the appreciation of the price of the tokens long-term. If they set the maximum raise to something reasonable, then I might have more belief that they are serious about risking their own effort and time. But noooo, they want to get rich without any risk. And then you need to know the reputation of the escrow agents: First thing to check on ICOs are the Escrows being placed. If there is none, you should be careful and try to avoid those. I wrote: Btw, the guys who are escrowing your ICO include Vlad who has produced technobabble bullshit about Casper for years. And nothing to show for it. Joe appears to come from that same Ethereum technobabble delusion. Jae Kwon banned me from the Cosmos (Tendermint derivative) Github because I showed technically and factually why their system security was entirely broken. If you keep giving $millions to the same group of guys that keeps producing nothing but years of technobabble bullshit, then why are you all surprised that our ecosystem is all shitcoins and scams? Shouldn't people be held accountable for their past performance? 4. The scams and constant striving for profit. It's ugly and non-tech users are put off. I am. It's never ending and I have no ideas to make my own IPO/ICO and profit as well! What you really mean is nobody is serious about solving the hard problems. Hey and I tried to tell you that Ethereum was just a "scam" (play money for Vitalik & friends) but you were adamant that is wasn't. I told you more than a year ago that Casper would never work. Ethereum was a valid experiment but didn't need to cost $18+ million (not including the cost of the DAO attack). Some speculators made a lot of money. But it was never a properly vetted project (many of us told them at the outset that Turing complete and blockchain was a disaster waiting to happen). Title: Re: Stay away from ICO Post by: Pursuer on February 24, 2017, 07:36:13 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. the concept of ICO is a bad in my opinion and there is absolutely no need for any developer to take money this way. I see many claiming they gather money for development, and I personally find two big things about this concept. first is the fact that they are not developing anything but mostly copy pasting and changing the name only and the rest are just fooling people because they are better programmers but they are not developing either. second is the fact that it is an open source community and you don't take money to create an open source project, that is just silly. if you want money then go take a job and make money. have you even thought one of the reasons why bitcoin is successful is that Satoshi wasn't thinking about money? and he is a multi millionaire now with all the coins he holds and not yet sold. Title: Re: Stay away from ICO Post by: noictib on February 24, 2017, 08:13:45 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. In about 80% of the cases it us worst to buy altcoin or any tocken like things in ICO because there Is always remain a big risk that whether it will go launch in any exchange or not ( it happened two time with my friend) .so if you want to invest your bitcoin in ICO you should invest for the same altcoin at the instant of launching . In this way you will get profit because in the starting of launch the price of the altcoin that is launch usually remain low but for small time of about 1 week it goes high . So here most of the time we have better chance to make money Title: Re: Stay away from ICO Post by: wrxbuzz on February 24, 2017, 08:51:58 AM You input good info, but personally I like some ICO, like edgeless, their idea is revolutionary. Not every ICO is bad, look ETH, STRATIS, NXC are multiple times higher of ICO price, therefore we can be profitable from good ICO.
Title: Re: Stay away from ICO Post by: StinkyLover on February 24, 2017, 09:14:28 AM ICO is a good concept that has been used for evil in crypto. If all ICO money truly went into development then we'd be much further forward as an industry.
I reckon that a majority of BTC invested in ICOs has not been sold for FIAT (to aid development). It sits there waiting to make millionaires of a few indivduals (when the heat dies down). Title: Re: Stay away from ICO Post by: TelolettOm on February 24, 2017, 02:02:02 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Maybe you are less scrupulous in seeing a project ico. if you want to join the investment you have to see whether the project is good or not. in terms of team and update the ico. one more important thing escrowTitle: Re: Stay away from ICO Post by: xuan87 on February 24, 2017, 02:42:46 PM ICO is a very risky things to buy, and most of the coins are dead coin and there are a lot of scammer from ICO, i will suggest to really take your time to do research and gather all the information that you can if you want to invest in ICO, if you are not sure then you better not invest in ICO
Title: Re: Stay away from ICO Post by: btcdevil on February 24, 2017, 02:53:57 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. What you are telling is the best current scenario of not Investing in ICO but better leave the coin finish their ICO and other parts and after they get listed wait for some days and you will see that bounty hunters are dumping their coins that time is the best time to buy the coins from the exchange because as soon as the coin start to pump you can make profit very soon. because nowadays all ICO are very long and even after ICO they are taking time to list in exchange in that mean time if you have bitcoins in your wallet you can do some trading and earn much better then investing in ICO. Title: Re: Stay away from ICO Post by: LTU_btc on February 24, 2017, 03:24:00 PM I'm started to avoid ICO's because after mostly of investments I only lost my money. I don't invest in ICO's anymore, no matter how coin looks promissing. I don't know why there still so many people who are investing in it. ICO concept is just another way to scam people.
Title: Re: Stay away from ICO Post by: Ayers on February 24, 2017, 04:52:40 PM ico would be good for me if there was a pow phase with it not pure ico which is bad and good only to kill your coin, they don't understand that without a proper slow distribution you can't have a good coin, if you sell all the coin early, these coins will be dumped at 100% this is certain like the sun
Title: Re: Stay away from ICO Post by: rytyr on February 24, 2017, 07:49:18 PM You can not just go after your experiences. Maybe you've just put on bad ICOs.
There are good examples of ICOs in which the participants have made great gains, for example Ethereum, NEM and Nxt. IOTA is not yet listed on exchanges, but the news point in the direction that the ICO will also be worthwhile for the participants. You have to inform yourself well in advance about the project. Surely there are also many bad ICOs and even scams. Title: Re: Stay away from ICO Post by: passwordnow on February 24, 2017, 09:16:59 PM I've been attracted to ICO's especially when their marketing is very attractive. Mostly if they are everywhere in the forum, if you can see their advertisement you get curious with it. And it really depends on how yourself will look into it but if you know their road map, then just don't invest it or else you are investing to a dead coin.
Title: Re: Stay away from ICO Post by: nillohit on February 25, 2017, 07:18:30 AM I personally hate all ICO, IPO. Those all are scams
Title: Re: Stay away from ICO Post by: cryptonikus on February 25, 2017, 02:16:18 PM some ICOs can change your life. NXT, IOTA, NEM, LISK created great profits for investors, you just need to exit in right time, that is second hardest thing after choosing right ICO.
Title: Re: Stay away from ICO Post by: robelneo on February 25, 2017, 02:33:31 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Yes it is a good idea,some icos do not land on exchange with a much higher price then their ico price,almost 90% of these ico coins,it's a good idea to really wait for the coin to arrive on exchanges so you can be sure if the coin has demand in the market or just a shitcoin,ico's coin when they hit the market are being flooded by dumpers,from miners and bounty hunters. Title: Re: Stay away from ICO Post by: Chris001 on February 25, 2017, 04:02:23 PM There are very few good ICOs.
I have made money off them, a ton off a few. No escrow is the key dead giveaway of shit, and escrow terms, too. If they are not too loose, and you figure what standing it will have in our current environment, as long as they are forced to do what you are using as postitive data in your analysis, you can see the money. Literally. Thousands of percent profit. But rare. When you see these ICOs, think about what everyone buying is going to do. Is the information you have problably the best its going to get? Then, most likely everyone has the same plan; sell right away. Which means it won't be going up. Do they have a great idea? And plan to pull off an even better idea, and people believe in it long term? Then the ICO price is a deal. But this happens 2 times a year if that. Sure, some go up. But PnDs dont count, you cant predict those unless youre in the know Title: Re: Stay away from ICO Post by: SONG GEET on February 25, 2017, 04:06:34 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I am thinking about investing in Qtum, ICO will be started from march. I have invested In KMD but they are still under ICO price because they haven't got listed in polo, so you can buy some cheap KMD from other exchanger and hold till it get listed in polo.Title: Re: Stay away from ICO Post by: iamnotback on February 25, 2017, 04:33:23 PM Wetrust: investment min: 1000 BTC, max: 6000 BTC Edgeless: min: 50000 ETH(555 BTC), max: 440000 ETH(4884 BTC) current ETH price=0.0111 btc on poloniex. Edgeless has lower threshold, and not large max like Wetrust. Lower market cap projects will be more profitbale, so IMO Edgeless will be better. If Edgeless drops that to 2500 BTC, they will win this competition easily and reach their maximum easily. If they leave it so high, they may end up like Ark.io and only get 1000 BTC or less (and possibly be underfunded leading to failure). But I don't know for sure because there are a lot of speculators who are not calm, cool, level-headed, and who are easily swayed to swing the bat at lower odds of success. Too much money upfront can be an incentive to never finish the project. Both have a maximum that is way too high: And what happens when the escrow people have different judgement than some or many of the ICO investors? Discord? "Oh well"? Suckers! And what happens when the escrow bean counters are not visionaries and screw up the developers who want to remain fleet footed and flexible? There is no governance that solves the problem of giving developers $5 million and then expecting them to meet some pie-in-the-sky promises. Much better don't give a lot of money for promises. The developers need $300,000 for 12 months with 3 developers, then okay. Or you've got industry savant s/w engineers so they need $500k for a year of development, then maybe okay. But $5 million?!? I developed CoolPage (a million user product) in my Nipa Hut in the Philippines while eating rice and salt. Nobody gave me a damn penny. Then I released and earned up to $100,000 a month (inflation adjusted). Work before pay. Money down only before panty down (because men lose interest after they cum). Title: Re: Stay away from ICO Post by: fortunecrypto on February 25, 2017, 04:40:38 PM With the current situation I can say that it is a wise decision to wait for it on exchange,there's no guaranty that they are going to sell high in their ico price,some of them are selling at 50% or much lower than their ico price,exchanges are a good indication if the coin is really a strong coin to hold.
Title: Re: Stay away from ICO Post by: Undermood on February 25, 2017, 06:11:51 PM With the current situation I can say that it is a wise decision to wait for it on exchange,there's no guaranty that they are going to sell high in their ico price,some of them are selling at 50% or much lower than their ico price,exchanges are a good indication if the coin is really a strong coin to hold. ICO coins should be hit on the famous exchanges, like poloniex, bittrex etc, which prove the legitimacy of them at some extent. Because they scrutinizes the coins with strict rules before listing them.Title: Re: Stay away from ICO Post by: Bitcoin-2018 on February 25, 2017, 07:19:06 PM I personal invested in many of ICOs. For me is more for a long term investments make more sense to get them on the exchanges. There are so many bounties dumpers and PnD for quick profits.
Title: Re: Stay away from ICO Post by: btvGainer on February 25, 2017, 07:23:07 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Not sure about currently running ICO but next month there is few good one like WeTrust, TaaS etc coming up.Taking part in ico is a risk.Sometimes you win and make 4x or 10x profit and sometimes you lose. Title: Re: Stay away from ICO Post by: iamnotback on February 25, 2017, 07:26:08 PM Not sure about currently running ICO but next month there is few good one like WeTrust, TaaS etc coming up. Taking part in ico is a risk.Sometimes you win and make 4x or 10x profit and sometimes you lose. Bitcoin is blasting off, and you are going to be stuck holding an illiquid asset while you watch Bitcoin go up 2X. Doesn't seem like a good time to be taking that risk, unless it is a "sure thing"TM. If the maximum raised was limited to $1 or $2 million, I'd be more positive. But $6 million maximum looks like the devs just want to cash out and go play on a Yacht with your Bitcoin. Title: Re: Stay away from ICO Post by: SHAWN-MIDWAYS on February 25, 2017, 07:37:48 PM All ICOs` present their own risks depending on how well their project plan has been drawn, staying away from them might save you from losing money or can be a missed opportunity to get a good pay cheque in the long run. Sometimes ICOs can be seen as a platform to make devs with selfish intentions to be rich. We could as well stay away to avoid such.
Title: Re: Stay away from ICO Post by: andron8383 on February 25, 2017, 08:31:07 PM I think that you have to think twice befoe investing into them.
All situation looks like those premined coins festival. End of all projects can be same they run away with money and deliver shit. But from time to time you will find good project to invest in. No all investments or ICO are bound to success in decentralized economy. Drugs / hazard / mining / trading / computing power / digital services acros borders at those projects i would say they have chance. But there is a lot more that looks like pure scam. :D 1st i am remember URO coin :) for farmes. Why people will swith to decentralized economy while they hav GOOD project and working stuff in real. Is hard to beat REAL asset world with magic internet money. But not all ICO are bad investment so far many are one + when you invest into it like with gambling. They longer play goes the harder will be pick right one. Scams will grow on back valid one for sure. So if you have missed train try find new one. Title: Re: Stay away from ICO Post by: iamnotback on February 25, 2017, 08:48:21 PM My last 2 cents on this topic...
Signing off. Who cares if Monero and Dash are scams when you can make good money on every pump and dump. Scammers take capital out of the ecosystem and spend it on crack, Yachts, booze, and prostitutes. You personally may get richer (if you are a good speculator), while on average the ecosystem gets poorer, unless of course we are bringing more new fools (and their capital) into our ecosystem from outside of it. So eventually there could be no ecosystem remaining for you to speculate in. My opinion is we have a window of time (5 - 10 years?) within which to leverage this opportunity to produce something really significant that could help the world. And to produce a $trillion marketcap. Any way, please continue what you are doing. Hopefully those who developers who are serious will find a way to operate within this ecosystem so we don't lose the potential. Title: Re: Stay away from ICO Post by: BTCSpearo on February 25, 2017, 09:00:59 PM ICOs definitely get a bad rap, a lot of them are total scams, but I don't think the crowdfunding model is going to go away, nor should it. What better way can a group of developers raise funds to produce and market software and then compensate those early investors. When executed fairly, the ICO model is no different than an IPO on the NYSE except that you don't have to have 50K and be an accredited investor to participate. Now the average Joe can participate in the riskiest/most profitable part of the business startup phase.
Title: Re: Stay away from ICO Post by: BTC-BTC-BTC on February 25, 2017, 09:45:58 PM ICO's risks are outperformed rewards nowsaday.
Title: Re: Stay away from ICO Post by: Socket54 on February 26, 2017, 01:15:49 AM The way i see it, if you choose to invest in something that can just go poof into the night
then get into it with the perspective that you are going to lose you money. If you dont and it turns out to be a profitable investment then great. But dont expect anything from such a risky venture. Expect to lose. Title: Re: Stay away from ICO Post by: andrei56 on February 26, 2017, 02:10:31 AM Taking part in ICO is risky especially for new comers. So the best way to avoid this is to buy it after hitting the exchange. Although the price is pumped several times. No, I don't think so, a worthless coin is a worthless coin whether it is on the early stages or if it is on the market already, you need to read about the project and familiarize with it and only if you think there is something that could make the coin a success, then you invest.Title: Re: Stay away from ICO Post by: sotisoti on February 26, 2017, 02:52:52 AM At least Ethereum won't be ready without ICO...
Title: Re: Stay away from ICO Post by: eastwind_ja on February 26, 2017, 05:23:06 AM is TaaS a good coin to participate ICO?
Title: Re: Stay away from ICO Post by: BitcoinGirl.Club on February 26, 2017, 09:31:16 AM The trend with these cryptos usually is when the developer gets his money from crowd sales that turns to be their exit point and death of the project,but this should not stop good projects from taking off because of shitcoins. Am in support of staying away from some ICOs and buy the altcoins from an exchange when it proves to be worth the investment.
Title: Re: Stay away from ICO Post by: savioroshan on February 26, 2017, 09:46:09 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Buddy, I dont agree with you. Yeah there are some ICO's which are totally scam. But good ones are also there. You have to enquiree a lot before taking any decision. Personally I think QTUM and adzcoin are going to make it hugh. But two days back , I just saw a thread telling QTUM may be a scam. But I dont think so and have plans to invest in that. Title: Re: Stay away from ICO Post by: Kray on February 26, 2017, 10:06:40 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Yea i agree, some ico is not worth to buy. Now there are three ICO has good prospect(according their whitepaper), humaniq, wetrust and edgeless. In my opinion humaniq is very awesome but i still thinking to invest on humaniq, i worry it will belike RISE. Title: Re: Stay away from ICO Post by: iamnotback on February 26, 2017, 11:09:57 AM Now there are three ICO has good prospect(according their whitepaper), humaniq, wetrust and edgeless. In my opinion humaniq is very awesome... Sorry I will post one more time in this thread, because I think you guys are missing a very important consideration that is lacking in your analysis: Re: Are you a bagholder? Which altcoins do you hold? As for some of the shitcoins mentioned in this thread, clearly the speculators will buy any idealistic bullshit. The more idealistic nonsense it is, the more likely they will buy it. For example WeTrust is more idealistic bullshit (https://bitcointalk.org/index.php?topic=1803849.msg17981989#msg17981989) without any realistic adoption case. As for both WeTrust and especially HumanIQ, there are all these new ICOs coming out for smart contracts running on Ethereum which want to target milllions and billions of users adoption. But Ethereum can't scale! Besides Ethereum can't scale. So anything built on Ethereum can't scale. Casper is fundamentally flawed and will never work. Also putting large financial value into smart contracts has proven to be very insecure with the DAO attack. The more we proliferate these smart contracts, the more the attack surface grows. In HumanIQ's case, the founder and leader Alex Forte apparently isn't even a programmer. Title: Re: Stay away from ICO Post by: dihari on February 26, 2017, 11:29:30 AM Talk about ICO like talking to yourself. Only you in this world can make a good move to place your money on an ICO and believe that you investing your money on the right way. I will not say all of new born ICO is going to be scam, some of them prove their success. All we can do is to analyze some ICO that we want to support.
I was made a thread about it https://bitcointalk.org/index.php?topic=1782127.0 Title: Re: Stay away from ICO Post by: ipanks on February 26, 2017, 12:02:03 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Yea i agree, some ico is not worth to buy. Now there are three ICO has good prospect(according their whitepaper), humaniq, wetrust and edgeless. In my opinion humaniq is very awesome but i still thinking to invest on humaniq, i worry it will belike RISE. making invest in ico is worth if we are know what their purpose, what they offer to their members, have a good plan with their journey, the dev is active with the coins and update everything. we need to research before we invest our money in that ico because if we make wrong then we can not make profit from that ico and especially we only loss our money for that investment. Title: Re: Stay away from ICO Post by: topesis on February 26, 2017, 01:03:53 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. I think the problem with most of these ICOs is overvaluation, some people don't estimate what a project worth, no matter how good the prospect of a project might promised, once the project is overvalued the best thing is not to invest into it, that was why ICOs was dumping when listed on exchanges because they is no value in their current price. Just look at Lisk and Waves for example two over-capitalized projects but where unable to deliver to expectations and I see this trend continue for more time in the space because people seems to have forget the basic principle of trading, you buy at low price and sell high Title: Re: Stay away from ICO Post by: bravehearth0319 on February 26, 2017, 04:12:33 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. I do agreed and I cannot deny that many of the ico in the end they failed. And of the main reason was the owoner and the team of the coins in the campaign was not visible and transparent to others. Title: Re: Stay away from ICO Post by: iamnotback on February 26, 2017, 08:37:59 PM Are ICO coins legal? (https://bitcointalk.org/index.php?topic=1218399.msg17989461#msg17989461)
Title: Re: Stay away from ICO Post by: Undermood on February 26, 2017, 08:58:36 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. I think the problem with most of these ICOs is overvaluation, some people don't estimate what a project worth, no matter how good the prospect of a project might promised, once the project is overvalued the best thing is not to invest into it, that was why ICOs was dumping when listed on exchanges because they is no value in their current price. Just look at Lisk and Waves for example two over-capitalized projects but where unable to deliver to expectations and I see this trend continue for more time in the space because people seems to have forget the basic principle of trading, you buy at low price and sell high Title: Re: Stay away from ICO Post by: xland86 on February 26, 2017, 09:08:55 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. I think the problem with most of these ICOs is overvaluation, some people don't estimate what a project worth, no matter how good the prospect of a project might promised, once the project is overvalued the best thing is not to invest into it, that was why ICOs was dumping when listed on exchanges because they is no value in their current price. Just look at Lisk and Waves for example two over-capitalized projects but where unable to deliver to expectations and I see this trend continue for more time in the space because people seems to have forget the basic principle of trading, you buy at low price and sell high Title: Re: Stay away from ICO Post by: Rockie1234 on February 26, 2017, 09:48:14 PM ICOs are a big risk, but if you are sensible there shouldn't be too much of a problem. The thing is that people on this forum are blinded by ICO promises, such as the claims of high profit and mainly just overoptimism.
1) Is there some new technology? (not just BS like "its own wallet" since every coin has that) 2) Is there proof of this technology? (eg Pascalcoin claims to be built from scratch but no proof produced). 3) How trusted are the members running it and how professional does it seem? (good english etc). Title: Re: Stay away from ICO Post by: irukandji on February 26, 2017, 10:16:30 PM Yes, stay away so i can get more of the ICO for myself :)
Title: Re: Stay away from ICO Post by: iamnotback on February 26, 2017, 10:26:19 PM Yes, stay away so i can get more of the ICO for myself :) That was a good attitude before when there were only a few ICOs. Now we have a new ICO every week or day. Instead of there being any money to make prices go up in the future, all our BTC will be in the pockets of ICO developers. An ICO graveyard is coming where 100s of ICOs are buried. You are destroying Dash's speculator market. Soon there won't be any more dumb speculators. There is no way all these 100s of ICOs are all going to go up in price. Yeah you do that. Please put all your BTC into ICOs because we need smart people like you to lose all your BTC, so our ecosystem can get dumber. Title: Re: Stay away from ICO Post by: andrei56 on March 01, 2017, 06:14:38 PM The trend with these cryptos usually is when the developer gets his money from crowd sales that turns to be their exit point and death of the project,but this should not stop good projects from taking off because of shitcoins. Am in support of staying away from some ICOs and buy the altcoins from an exchange when it proves to be worth the investment. If you are an investor interested on big profits by the time a coins proves that is wroth the investment it is too late, you need to deiced before others do, that is why it is important to read as much and try to get the feeling about the project and the developers, if you are right then you will get huge profits when other realize the coin is worth to invest.Title: Re: Stay away from ICO Post by: bamboylee on March 01, 2017, 07:26:11 PM It is hard to pick the right ICO to invest in. Sometimes , this ICO's are hyped in order to have a high ICO price against their real value. If you are not technical and cannot analyze, you can be easily fooled.
Title: Re: Stay away from ICO Post by: error08 on March 01, 2017, 11:10:02 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. And it consider as too late because I can manage to get more profit before 'the coin' released at the exchanges.You're right to prevent any further loss and try to be safe but that's why knowledge and instinct are the most important factors to determine which coin will has great attraction and a lot has been proven as great investment. But, people should realize how risky to invest before coin included on exchanges too, learn before join in. Title: Re: Stay away from ICO Post by: aioc on March 02, 2017, 11:02:14 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. 100% true,you are gambling your money away,there's no guaranty that the price is more higher than the ico price,like what happen to icobid and other similar ico coin,price is way to lower than the ico price,so it's better to just watch and follow the ico but buy when it enter the exchange... Title: Re: Stay away from ICO Post by: schnötzel on March 02, 2017, 01:47:20 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. 100% true,you are gambling your money away,there's no guaranty that the price is more higher than the ico price,like what happen to icobid and other similar ico coin,price is way to lower than the ico price,so it's better to just watch and follow the ico but buy when it enter the exchange... ICO is gambling , sometimes you win sometimes you loose Title: Re: Stay away from ICO Post by: MintCondition on March 02, 2017, 01:56:29 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. 100% true,you are gambling your money away,there's no guaranty that the price is more higher than the ico price,like what happen to icobid and other similar ico coin,price is way to lower than the ico price,so it's better to just watch and f ollow the ico but buy when it enter the exchange... How will the ICO list their coin if there is no one will gonna invest on them at the first place? ;D It is not bad to invest on ICO. Just make sure that the project has a trusted escrow for the fund so that you will have no problem no matter what happened at the end. The problem about ICO investor is they are easily to believe that the ICO is legit by means of hype post here on the forum. It is better to do own research before investing. Title: Re: Stay away from ICO Post by: Cointxz on March 02, 2017, 01:58:45 PM there are plenty of horrible experience from the ICOs, lots of scam that made some investor to walk away from them, but ICO is really needed to fund the project, to compensate those people doing the advertisements, exchanges listing etc. we can not move away from ICO but we need to be very cautious.
Title: Re: Stay away from ICO Post by: sevendust777 on March 02, 2017, 02:15:54 PM For me, not all ICO are scam yet still there are ICO that is good to invest in. Even you experience already the bad ones, try to research first before investing. The truth is all is risky when you invest, its like you gamble your money. So, ICO are nice to invest also because it will hit surely in the market once it has an exchange.
Title: Re: Stay away from ICO Post by: susila_bai on March 02, 2017, 02:27:17 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. What you are thinking is the correct thing because what ever the ICO worth is when they get listed and as soon as the bounty coins are distributed you can surely expect the price to be dumped and you can get below ICO price for sure as i have seen in almost all coins even if the project is good Title: Re: Stay away from ICO Post by: stevano on March 02, 2017, 03:47:39 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. bad things like that you experienced while participating participate in an ico, so that makes you so lazy to participate again in ico thank you Title: Re: Stay away from ICO Post by: iamnotback on March 02, 2017, 10:44:21 PM Augmenting my upthread posts with one more:
Neither of us can know for sure, but IMO speculators and thus the community of developments the speculators are incentivizing are in a FOMO delusion which will die: Regarding ICOs, one of the aims of my project that is different from Ethereum is that via the distribution model, I intend (i.e. hope to) provide a way for the derivative "smart contract" (or apps) projects to monetize their business model without creating a useless token and ICO lie. I am attempting to change the entire paradigm to not only a legal but also a viable one. @Skalpell although you make reasonable arguments in some respects, you seem to have a blindspot on the fact that these ICO tokens are completely unrealistic in that the world won't be using 100s of colored coins with a separate coin for each "smart contract" or app. The world will rally around one or at most a few leading units-of-exchange and units-of-account. The ICO model is not viable long-term. It is a FOMO delusion that works for now because speculators haven't yet learned that 100s of tokens isn't going to work. Title: Re: Stay away from ICO Post by: fortunecrypto on March 02, 2017, 10:48:07 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. What you are thinking is the correct thing because what ever the ICO worth is when they get listed and as soon as the bounty coins are distributed you can surely expect the price to be dumped and you can get below ICO price for sure as i have seen in almost all coins even if the project is good Some of the dumpers are those who participated in the marketing campaign,they leap from ico to ico,get their bounty as payment and dump their coin at it hit the first exchange and because of this,the price goes down the drain,leaving the ico investors with a much lower price than they've paid for.. Title: Re: Stay away from ICO Post by: btcdevil on March 02, 2017, 10:58:31 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. What you are thinking is the correct thing because what ever the ICO worth is when they get listed and as soon as the bounty coins are distributed you can surely expect the price to be dumped and you can get below ICO price for sure as i have seen in almost all coins even if the project is good Some of the dumpers are those who participated in the marketing campaign,they leap from ico to ico,get their bounty as payment and dump their coin at it hit the first exchange and because of this,the price goes down the drain,leaving the ico investors with a much lower price than they've paid for.. That is why it is said that as soon as the ICO is over first they should distribute the coins to the ICO investors and after 2 or 3 days of the coin getting listed in exchange other bounty coins should be distributed like this who ever have invested in ICO can get the movement of coin in initial stage of listing and some profit they can earn it. After that it is clear that the price will go down surely that time they can buy back the coins and keep for long term as per the project worth of that coin Title: Re: Stay away from ICO Post by: bravehearth0319 on March 03, 2017, 08:29:54 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Not all ICO are like what you are thinking of. Although there are lots of ICO appeared in bitcoin world that they run away after they collected the fund of their investors. But even is like that there are still investors who are willing to take the risk on the campaign. Title: Re: Stay away from ICO Post by: rafajunior99 on March 03, 2017, 09:34:36 PM For me, not all ICO are scam yet still there are ICO that is good to invest in. Even you experience already the bad ones, try to research first before investing. The truth is all is risky when you invest, its like you gamble your money. So, ICO are nice to invest also because it will hit surely in the market once it has an exchange. yes I know it, maybe not all of the ICO is not good or fraud, but I hate the ICO will have to wait long to be distributed, after which it will have to wait longer to be traded I see many examples like ARK, egass, WINGS I had to wait almost 3 or 4 months even more than it had to wait for the opening of their markets.Title: Re: Stay away from ICO Post by: TheBarMan on March 03, 2017, 10:54:37 PM i think that an ICO can be a good investment if you know how and when sell your ICO coins... some coins from an ICO after ends go trippled in prices and some go down, but the idea is kipped enought for slae it on the perfect time.. and wait for the team proposals...
;P Title: Re: Stay away from ICO Post by: xland86 on March 06, 2017, 12:21:12 PM ICO its longterm investment, after its finished need to wait until team develope some products or app. Money not appear from nowhere
Title: Re: Stay away from ICO Post by: DevelopFI on March 06, 2017, 03:19:13 PM Similarly to Forex, only the top 1% makes profits in the long term. To get there you have to gain experiece and sll the knowledge you can find. Same thing with ICOs, the top 1% makes money because they have the skills requiered to analyze coins and find the best ones.
Title: Re: Stay away from ICO Post by: coin-investor on March 06, 2017, 03:45:59 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. This is a good avice with what's happening now in this ico coins,they price is way to high and when it hit the market it's not even half of it's ico price,this makes investors lose confidence in this icos.. Title: Re: Stay away from ICO Post by: Arvydas77 on March 06, 2017, 04:18:59 PM I still think that ICO is a good option to make more money. You just need to check all the information correctly and choose good projects. Bonus is also important part of a game.
Title: Re: Stay away from ICO Post by: ophyrim on March 06, 2017, 10:18:58 PM Please look at the Qtum. It is really very hard to believe for me to an ICO after this project. I wanted to invest my money to this ICO but today I don't know who can trust and invest his/her money to this coin.
Title: Re: Stay away from ICO Post by: sunsilk on March 07, 2017, 06:16:33 AM I still think that ICO is a good option to make more money. You just need to check all the information correctly and choose good projects. Bonus is also important part of a game. It is a good option for making more money but the thing is that we need to be careful on choosing the projects that we want to join and invest. It's already a normal thing that there are ICO's coming out these days the potential investors sees good opportunity on it. And as well as the creators and launchers of it sees good future on it. Title: Re: Stay away from ICO Post by: hasiramasenju on March 07, 2017, 03:07:35 PM that is makes sense trade them while they listed on the exchanges would avoid people to suffers huge losses during trade for the particular altcoins because sometimes ICO price more higher than they listed on the exchanges
Title: Re: Stay away from ICO Post by: ekoice on March 07, 2017, 04:51:14 PM Taking part in ICO is risky especially for new comers. So the best way to avoid this is to buy it after hitting the exchange. Although the price is pumped several times. Yes,it would be better to buy the altcoin when it is listed in exchange.But there are some ICOs like chronobank which has collected around 5400 btc.So it depends upon doing thorough research about the ICO before investing.Title: Re: Stay away from ICO Post by: konvekt on March 07, 2017, 08:12:28 PM there are a lot of good and successful ICO's, probably OP just choose the wrong ones
Title: Re: Stay away from ICO Post by: benthach on March 08, 2017, 04:31:30 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. i've learn in order to make money you need to join the flow, or fight with it tirelessly then make nothing. you had bad ones soon you will find a good one. Title: Re: Stay away from ICO Post by: oaks05 on March 08, 2017, 05:48:00 PM Nothing wrong with investing in ICO just dont dump everything you have into it, do your homework
Title: Re: Stay away from ICO Post by: JanpriX on March 08, 2017, 07:50:27 PM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. Risk is always involved when investing in ICOs. Try to assess the risk accompanied by those certain ICOs by doing some thorough research about it. It is always better if you do some extensive background check on its Dev Team (past works, reputation within the forum, etc.) And lastly, don't put all your money into a single ICO. Diversify your investment and study its risk/reward ratio. Title: Re: Stay away from ICO Post by: Nanda Dewi277 on March 11, 2017, 05:39:00 AM Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges. yes better buy than investing, because it invests in the event that the coin fall then we can not anythingIs that true ..??? Title: Re: Stay away from ICO Post by: Joint Force on March 12, 2017, 10:05:49 AM RChain looks the best. You can kind of think of what they're doing as an ICO. They're doing an ICO but instead of BTC or ETH, they're accepting AMP. RChain is very expensive. I think around 50 million valuation but it'll easily go to a billion so that's a 20x there. I wish I could get in for cheaper but I don't think it's possible. Everything is always over priced lately. |