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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Tesorex on March 26, 2017, 12:21:18 PM



Title: Any one participating in ICOs is an idiot!!!
Post by: Tesorex on March 26, 2017, 12:21:18 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: BTCLovingDude on March 26, 2017, 12:26:16 PM
ICO should not even be called an investment, it should be called a gamble because it is a gamble.
you see a thread and some unknown anonymous person on the internet who is saying "my coin is awesome" and the code is not ready yet, it just lists some specification which you have seem a thousand times before and i bet not a single person checks the code!

that is why i say it is a gamble. people put their money down and bet if the projects gets enough victims to pump up or fail and they lose.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: CraigWrightBTC on March 26, 2017, 12:33:59 PM
ICO is instrument of investments and it is high risk losing money investments into ICO
except we can make profit from investments into ICO
it is like buy IPO of companies without clear rules like IPO of companies,
basiccally it is more high risk than investments into IPO,
but doesn't mean the peoples who investments into ICO is idiot,
they just need management risk losing money in investments into ICO.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: shield132 on March 26, 2017, 12:34:17 PM
Now it's possible for everyone to create new altcoin but not everyone can to create succesful altcoin. Well, you can't call such people idiots because they know what and why are they doing that and also there were some succesful ICO's which weren't bad for investment. It's not easy to trust ICO's nowdays but if there are chanses that you will find good one, everything depends on you. If you don't like, simply avoid them.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: JosNekoKopa on March 26, 2017, 12:39:56 PM
Everything said about, is truth!
But every other way of collecting funds is doomed to failure. Nobody even consider to donate, and if donate this is symbolic not enough for serious work. Premine is hated but still is better then ICO, everything under 1% is ok.
Maybe best is funding trough mining, this is fair system. ::)


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: clickerz on March 26, 2017, 12:56:27 PM
Risk are always there especially in ICO. If they buy as an investment then surely its like a gamble. There are ICO who are not worth enough to participate and there are also which is very rewarding. It depends on the  people behind the company or devs how they update in community.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Zadicar on March 26, 2017, 01:01:07 PM
From the first time i do hear about ICO's i do know that they are good investment which gives multiple times profit on your capital and when i tried to invest for the very first time and the coin i put my money on goes to scam which developer ran all away the money and thats the time i dont have any trust on any ICO's as of now unless if they are very transparent.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Fweebie5 on March 26, 2017, 01:03:05 PM
Anyone else feel like this is the lawless wild west in the crypto scene where 90% of people get burnt ?


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: jhenfelipe on March 26, 2017, 01:11:34 PM
Why did you choose to insult them? I think you better explain your thoughts well without that, it doesn't help anyway. I think they knew about the troll also, most probably those high ranked members. We just need to be really careful in any type of investments, whether ICO or not. Research can be helpful, don't just go with the flow of supporters & reviews (who may be fake).

PS. For me, safer choice is not investing on ICOs as well but we need to respect other people's decision, it's their money anyway.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: BitcoinHodler on March 26, 2017, 01:22:47 PM
Anyone else feel like this is the lawless wild west in the crypto scene where 90% of people get burnt ?

i say let them burn, it is a bit harsh to say but at least they may learn some lessons this way. and it will happen too.
for example remember the days of pre-mine and significantly-pre-mine altcoins. those days we were saying the same thing, that pre-mine altcoins are scams and stay away, it is highly risky, "anyone buying a premine is an idiot", ... and nobody listened.

now there are no more. but the new technique is ICO and soon this will become old and a new scamming technique will come out and the battle continues.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: rinhunter on March 26, 2017, 01:36:56 PM
i think investing in ico is better than investing on ponzi site, because not of all icos are scams. everyone have own way to make money you can't blame they all are idiot.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: hubballi on March 26, 2017, 02:00:09 PM
i think investing in ico is better than investing on ponzi site, because not of all icos are scams. everyone have own way to make money you can't blame they all are idiot.

It is not like that you can take almost 99% of the ICO after the ICO is finished and when they are listed in exchange they are dumped below the ICO price and after some days it moves up, so it is much better to get the altcoin listed in exchange and then buy on dip that is the correct way of investing and trading in altcoins


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: fortunecrypto on March 26, 2017, 02:03:23 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

If you look at the top 30 coins in the coinmarketcap some of them went through ico phase some examples are pesobit,bitconnectcoin so it is not right to call these supporters and investors idiot,you are the idiot for not doing a research on coins that passed the ico stage successfully..


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: derekis126 on March 26, 2017, 02:16:07 PM
Not real, ethereum, nxt, xem, stratis, lisk, are all good and profitable ICOs, not every ico are bad.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: JeffBrad12 on March 26, 2017, 02:27:09 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.
Honestly some projects are using the clone account to give a kind word for their project. But not all of the project were doing it. It will need more analyzation.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
But, honestly I get a lot of the money through the ico which means investing on the right project will give a lot of the ROI. Do you think if the bitcoin isn't starting from the crap coin?
 8) 8)


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: mummybtc on March 26, 2017, 03:01:48 PM
I agree with you that 99% of these projects will die natural death with time just like the internet bubble, but this is  the new money in town, people will gamble on the success of 1% that will succeed in  future and the projects that will eventually succeed we don't really know which one.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: btcmerich on March 26, 2017, 03:17:35 PM
i think investing in ico is better than investing on ponzi site, because not of all icos are scams. everyone have own way to make money you can't blame they all are idiot.

sorry to tell you this but crypto has turned out to be like ponzi. just look at this section ( Altcoin section )  . hundrards of trheads about some bullshit coin and ICO. 

OP is right , ICO are easy way to scam people.  Why is ICO even needed if the team behind the coin have good tech and ideas. They can take it directly to the exchangers.  this way Dev still gets their money for development and investors can at least be safe knowng they can sell if shit hits the fan


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: judeafante on March 26, 2017, 04:20:40 PM
You are generalizing,the fact is there are a lot of good ico coin that started,but those who are moderated with no escrow are ico that should not be trusted,but if ico coin is transparent and he has an escrow you can bet your money here,but it's noit a guaranty to be profitable.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: dragonmoney on March 26, 2017, 04:27:32 PM
I'm new to the cryptocoin area and I'm glad that I saw this. I do think there are some legit ICOs out there but a lot of them are garbage. But even of the legit ones, there is a slim chance that the coin will pick up. Adoption isn't just about how great the technology is but also about the followers. I do think any ICO needs to be a calculated risk and it's possible to make money but rare


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: maku on March 26, 2017, 04:44:48 PM
ICOs are getting worse and worse. That is a fact, but what did you expect? This is new way of earning money and milk fools.
Literally anyone can start a new ICO project and promise you anything. Bullshit a way through with crazy roadmap and features.
You need to remember that you vote with your money, if something is too good to be true, the it is most likely a failed project.
If we stop investing in every new ICO just because they promise us high revenue it will effectively limit new ICO market.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: CjMapope on March 26, 2017, 07:16:10 PM
Quote from: Tesorex link=topic[left
[/left]=1843197.msg18339259#msg18339259 date=1490530878]
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Yes!  Crypto ICOs are the only place you give money for an idea, wow theres a guy downtown by my walmart, you give HIM your money, hes got IDEAS ALL DAY! ;p Its like people never seen dragons den , you come to them with NOTHING but an idea? they will tell you get real, show us this will actually WORK first! not crypto! o well, a fool and his money...


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: tehMoonwalker on March 26, 2017, 08:03:06 PM
ICOs are getting worse and worse. That is a fact, but what did you expect? This is new way of earning money and milk fools.
Literally anyone can start a new ICO project and promise you anything. Bullshit a way through with crazy roadmap and features.
You need to remember that you vote with your money, if something is too good to be true, the it is most likely a failed project.
If we stop investing in every new ICO just because they promise us high revenue it will effectively limit new ICO market.


still they should make a process that people need to go through until they are allowed to create an ico here. some icos are so lazy and ridiculus its a shame


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: erikalui on March 26, 2017, 08:16:02 PM
Not all ICOs are scams and many are now starting to appoint escrows as if they don't succeed in collecting their minimum required investment, they refund the investors. However, currently there are many scam ICOs where the developers just run away with the investors money but then all these projects are just a gamble at the end of the day. Hardly few of them succeed while some have the potential but get no investments.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Spoetnik on March 27, 2017, 05:31:23 AM
Not real, ethereum, nxt, xem, stratis, lisk, are all good and profitable ICOs, not every ico are bad.

Wrong.

ALL of them are bad because of the fact they are an "ICO"
You see dumb ass's the distribution is unfair and far too easy to exploit.
It was an idea taken from the US stock market etc and used here with no laws to pretend these are companies and penny stocks.
The concept spits on the very idea of decentralization and open source etc.
It rapes crypto's idealogy !

I don't just think people are idiots using them but are a cancer to crypto.

I can rattle off a long list of problems with your golden child Ethereum.
ETH is s cam coin ICO and you all support it for no other reason than profits.
Profit does not make a coin "legit"

The ICO was born out of laziness..
A better initial distribution should have been designed but instead they flopped on the backs and said ahh well fuck it.. let's just work on the stuff after it's launched.
When in fact the MOST important par is the FUCKING launch !

You do deserve to be called idiots because you ruined crypto.
And you will all suffer the consequences for it too.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: mike77777 on March 27, 2017, 08:24:39 AM
the only "idiot" here is you because you missed lisk wings iconomi ICOs and now you're trolling because you're pissed off  ;D


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Spoetnik on March 27, 2017, 09:26:56 AM
the only "idiot" here is you because you missed lisk wings iconomi ICOs and now you're trolling because you're pissed off  ;D

and.. YOU missed the ETH ICO in 2014 huh ?  :D

Butters said he cashed out a million dollars worth which was a quarter of his holdings.
So his rabid shill supporters say here (i guess it was larger)
Did even 1 of you ask how the fuck he became a millionaire ?
Of course not.. you all don't give two shits.

You care about YOUR faggy little ROI'z

Ahh but the "Your jealous" retort.. an oldy but a goody.
Yup i am soaked in sweat at night i did not participate in scammy bullshit for ROI'z.
mmm hmmm ya got me !
Yup.. ya found me out guys :'(

Jealous ? ya you are.. of the fact i have more class and integrity than every ICO shithead combined.

This personifies the ICO defense..

Not all ICO's are bad = Not all pyramid schemes are bad.

Nope dumb fucks i dun think so.. bad is bad.
When an idiot cries jealousy or one of the other cliche'd retorts it's like...
Seeing a dipshit ICO supporter wearing one of those "I'm with stupid" T-Shirts
..standing in front of mirror.  :D


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: btcxyzzz on March 27, 2017, 11:01:03 AM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Admit it, you got burned. You just did not do your part which is some serious research. I would say about 20% of them are scams, about 60% fail as businesses, about 20% are profitable for ICO investors. And it's not that hard to pick right one!


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: batang_bitcoin on March 27, 2017, 11:51:58 AM
Well for the self-moderated thread, if you found it out that they are trying to hide something then why you are going to join that ICO in the first place? There are some ICO's that aren't just for money making, if you'll do some research on what they are actually planning to do, you will be attracted. It's a win-win situation for you if you'll find a good one.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Red_Sanford on March 27, 2017, 11:56:09 AM
Not all ICOs are scams and many are now starting to appoint escrows as if they don't succeed in collecting their minimum required investment, they refund the investors. However, currently there are many scam ICOs where the developers just run away with the investors money but then all these projects are just a gamble at the end of the day. Hardly few of them succeed while some have the potential but get no investments.

How does the escrow work ? Do all of the funds from the ICO go into it and are only released if x% is reached ? Is it possible to find out the details of the escrow for a particular ICO ? I was looking into one a little while back where Brave Coin was doing the escrow and saw the sheet but it lacked real specifics


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Kolder on March 27, 2017, 11:59:16 AM
Well for the self-moderated thread, if you found it out that they are trying to hide something then why you are going to join that ICO in the first place? There are some ICO's that aren't just for money making, if you'll do some research on what they are actually planning to do, you will be attracted. It's a win-win situation for you if you'll find a good one.

Definitely true, there are ICO's thread that are not active and doesn't answers the questions of their member or those animated to join in details ,they doesn't promote or make necessary information just in case ICO will not be successful,though anything in bitcoin takes risk ,we need to really think whether to join, to gambling,to invest or do trading. That show we earn and appreciates bitcoin in the end for a decision well deserved.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: xuan87 on March 27, 2017, 12:37:26 PM
ICO is a dangerous investment, most of the time ICO is a scammed and failed coin, so you need to be extra careful if you want to put your money in ICO, but not every ICO is a failure, investing in ICO is the same with gamble, but it is more dangerous than gambling, so if you think you can earn with ICO then you need to think and rethink again before investing


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: mynhpark on March 27, 2017, 01:11:17 PM
There are new and wonderful ideas that need to go further. Some of these ideas take the shape of an ICO before becoming a reality.

It is then, when some people with vision support those ideas even if they might loose some money. Then, there might be just another kind of people, the visionaries. Those who support great ideas no matter what, and those who only support ideas based on profit reasoning alone.

For example the recent Chronobank (TIME) ICO displays a concept very useful for the society, the same as TOKES ICO. It is about time that time-skill currencies get to the masses (TIME ICO), and medicinal plants get to the masses (TOKES ICO) both powered by blockchain technology.

Somebody has to support those great ideas for the benefit of society. I do not think they are stupid, they are just VISIONARIES.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Chikito on March 27, 2017, 01:19:41 PM
if ico idiots and the people who invest in ico is an idiot. then the first person to wear, investment, create & dev bitcoin is also an idiot?. This is not much different from how curency born, bitcoin has value because of the currents and use in ICO, ICO may be true many who commit fraud, and many also ICO are not in accordance with the market analysis. before investing in ico then we need the data analysis, ranging algorithms, the number of coin, CO- founder, the technology and the data owner or developer ico. This meminimalizir folly to invest in ICO.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: tiggytomb on March 27, 2017, 01:26:27 PM
I wouldn't go as far as calling everyone idiots if they join an ICO, when people join an ICO they know or should know that it is high risk, especially if they have been around here for a while they will be aware that the majority will fail but there will be the odd one or two that will succeed and I think it is this that a lot of people want to be part of, the next bitcoin / bitcoin 2.0.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Supercrypt on March 27, 2017, 03:45:10 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Admit it, you got burned. You just did not do your part which is some serious research. I would say about 20% of them are scams, about 60% fail as businesses, about 20% are profitable for ICO investors. And it's not that hard to pick right one!
I tought about the same exact thing when I read OP, he probably got burned on some ICO and now trying to tell the world all ICO’s are exactly like what he talks about. I remember the times where there was no ICO at all, when there was an announcement of a new coin they weren’t there one day and the next day they were there.

We could mine them on their early days with laptops and stuff. These ICO’s are basically telling us “we would like to start a new coin but we don’t have enough Money to do so”, it was pre-mined coins back in the day that did the basically same thing but at least they waited a bit. ICO’s could be great oppurtunity if you select the right coin, get in the very early stages of the coin while it goes up and up in the future but it could also be a horrible investment if its either a scam or a failed attempt.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Spoetnik on March 27, 2017, 09:00:51 PM
Well for the self-moderated thread, if you found it out that they are trying to hide something then why you are going to join that ICO in the first place? There are some ICO's that aren't just for money making, if you'll do some research on what they are actually planning to do, you will be attracted. It's a win-win situation for you if you'll find a good one.

There is almost never a need for a self moderated tread.
On coin ANN topics they are a red-flag.

The reality is here is the existing rules cover spam and trolling and advertising etc.
So why the extra self mod rules ?

To claim EVERYTHING not positive sucking up is... "FUD"
And then delete it.

I say this not because of theory alone but by experience.
The dopeheads here want to create a walled-garden insulated from the rest of crypto
by pretending they are not launching coin #4,511 out of 7,021
..on a forum that ALLOWS posting any type of scam !

It's a way to try and ignore and pretend the context of the situation does not exist.
The context of it all all stipulates clearly that FUD is highly warranted.
ALWAYS !
The coin dev's lost the privilege of the benefit of the doubt long ago.

FUD FIRST AND ASK QUESTIONS LATER !


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: animalroam on March 27, 2017, 09:22:51 PM
ICOs aren't the bad thing everyone is making them to be. Sure, there are scam attempts, but a smart user knows how to avoid those (by experience or by intuition). You might lose out on a few projects which are just trying to take profits, but you will gain from the legitimate projects. Honestly, if an ICO project is super hyped up, I would rather just buy on the first day of exchanges.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: contraband on March 27, 2017, 10:37:44 PM
I am way way way up.

I have literally bought exactly $240 im BTC ever.

I have sold over $20,000 worth. Almost all of it from profit off of ICOs. None of them were I envolved in any way with the developers.

Idiot? Hmmmmm. Ok lol


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: The Sceptical Chymist on March 27, 2017, 10:42:20 PM
I agree, OP.  By the way,  did QTUM turn out to be a complete scam or what?  I've not been really following the altcoin section for a few days.  They have/had a self modded thread and a pretty lucrative sig campaign.   Seemed like they were going to take the money and skeedaddle.  That's typical ICO behavior,  and I do think anyone investing in these things is fucking crazy.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: batang_bitcoin on March 28, 2017, 02:08:58 AM
Well for the self-moderated thread, if you found it out that they are trying to hide something then why you are going to join that ICO in the first place? There are some ICO's that aren't just for money making, if you'll do some research on what they are actually planning to do, you will be attracted. It's a win-win situation for you if you'll find a good one.

Definitely true, there are ICO's thread that are not active and doesn't answers the questions of their member or those animated to join in details ,they doesn't promote or make necessary information just in case ICO will not be successful,though anything in bitcoin takes risk ,we need to really think whether to join, to gambling,to invest or do trading. That show we earn and appreciates bitcoin in the end for a decision well deserved.

There are even self-moderated threads when someone is posting their problems regarding their ICO, they are simply deleting those queries. I usually lose my appetite when I mistakenly clicking those ANN threads, because I do usually check if there are interesting projects at ANN's section.


The forum isn't liable and moderating scams or it's advertisement, it's our responsibility to cover ourselves and avoid those shady projects. We are all grown and we can simply ignore those threads/projects.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Is Oprah Fuckable? on March 28, 2017, 02:44:32 AM
ICO vs premine vs ninja mine vs donations vs PoW tax vs VC funding  vs no funding


Best we've seen so far is satoshi ninja mine, and BCNext no funding (21 bitcoins raised was symbolic, went to another dev)

Every method of project funding has flaws, the ideal method probably requires an already filthy rich dev working for free, just for peer recognition and satisfaction.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Spoetnik on March 28, 2017, 03:09:48 AM
Most of you don't have a shred of integrity.
One guy earlier was bragging about how much he made.. uhh ya so fucking what ?
You all threw the concept / ideology of crypto out the window long ago.
I don't come back here to support shitcoins for profit bragging rights.
Nor am i willing to ignore the negative consequences of that behavior.

I come back here to laugh at you idiots when you eventually get ripped off.
..and it will happen sooner or later.
You made your bed so sleep in it whiny Investard bitches.
Or cry Free Market then.. call the cops when you eventually get ripped off  :D

Did you idiots here cry FUD when i warned you about GOX or Cryptsy ?
Did you brag about profits ? Did you chant no laws.. free market ?
And did you apply for the class action lawsuit with Cryptsy ?  :D  :D  :D

GET IT ?

YOU ARE in fact shit talking bullshitters.
You are all effectively pushing scammy bullshit ..for bucks $$$ (real bucks / cash money)

I come back here for the soap opera.. or to check out the new account names.
YES, Opra is fuckable  :D

Moral of the Crypto Story:
Not all digital pyramid scheme's are bad.. you just have to find the one that pays out cash money profits ROI's.

And you may say oh but but but, Spoetnik how do we know which are scams ?
Well according to the majority of the scene the criteria is as follows..

Scam coin = no profit.
Legit coin = lots of profit.

That's it.
That is all there is to this retarded bullshit.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: lionheart78 on March 28, 2017, 04:30:39 AM

People are stubborn in each own way, us included.  Some people think that ICO is one of the quickest way to get rich.  But one thing we may ask ourselves, why are we here anyway?  People come here for different reason, learning, profiting, taking advantage of naive people.  As a matter of fact people come here to search for something to invest with and they saw this ICO.  The correct sense in OP'smind maybe a taboo to other people.  Meaning each one of us have different view.  I maybe agree to OP about ICOs, but i can never call people who invest in it idiots since profit is their purpose in investing in it and we can see people who invested in legit ICO getting profit in time.  They are not for the tech or after the application.  They are just in for profit.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: basesaw on March 28, 2017, 04:31:56 AM
You said that ICO was a scam attempt. we all know that they are doing this for funds. having no funds in their project will be likely to fail it. ICO is the way for the coin developers to gain funds if they dont have financer.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: lionheart78 on March 28, 2017, 05:57:20 AM
You said that ICO was a scam attempt. we all know that they are doing this for funds. having no funds in their project will be likely to fail it. ICO is the way for the coin developers to gain funds if they dont have financer.

I do agree with you.  This had been a practiced even in non-crypto related project.  If you search the internet about crowdfunding, you can see lots of project asking for donations and pledges for these developers to start and finish their project.  It is quite different in crypto community since participating people accept a kind of token that they can sell or trade for profit.  Others out there does not even offer anything nor give an option to the donators to at least profit from donations.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: rotors on March 28, 2017, 06:33:09 PM
Exactly as others said ICO is a gamble you can make good profits on them. Or you can lose money on them. it can go Both ways.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: rotors on March 28, 2017, 07:39:29 PM
Exactly as others said ICO is a gamble you can make good profits on them. Or you can lose money on them. it can go Both ways.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: sunsilk on March 28, 2017, 08:47:57 PM
Don't be so harsh about it man, we all know that most of the ICO's are total scam but there are still that are legit existing.

Don't say that those participants are idiots, they just want to earn the same thing as the ICO devs are doing.

Not all of them are bunch of scam.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: marechoux on March 28, 2017, 09:45:48 PM
ICO is not a gamble it is just high rish investment with potential high returns.

Look at people who have invested in ethereum.

When you gamble in a casino you have more probability to loss than to win, it's called house edge, however with ICO you are in unknown place.

The most important things to check in ICO are :

1/Is the idea disruptive?

2/Is this a scam?

3/Are the devs telented?

If these 3 points are good then the ICo is worth investing, however it is often complicated to be sure it is not a scam.

Lot of ICO are scam but not all of them.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: btctube on March 28, 2017, 09:53:05 PM
I find it stupid either even when I didn't participate on any ICO but this forum gets so much activity due to all these ICO. The more ICO, the more users are participating on. It doesn't even matter whether they are good developers so long as they can pump the coin, they can earn money.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Lituation on March 28, 2017, 09:56:58 PM
Are you calling the people who make big bucks from icos the idiots as well? im sure that hurts them very much. im also sure there are many people who can sift through bullshit to find the gems and make good livings from them.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Barbut on March 28, 2017, 10:04:12 PM
Are you calling the people who make big bucks from icos the idiots as well? im sure that hurts them very much. im also sure there are many people who can sift through bullshit to find the gems and make good livings from them.

OP is probably just pissed off for something, ICO`s are gambling you can make a big profit, but there is always a risk of losing investment. There is a lot of scam coins and its hard to make good investment every time, but everything is risky this days.
I wouldn`t call my self an idiot about this, I`m just trying to catch some good train.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: scambust on March 28, 2017, 10:06:47 PM
Anyone starting threads ranting about the stupidity of ICO participants is a greater idiot.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: btctube on March 28, 2017, 10:56:27 PM
Anyone starting threads ranting about the stupidity of ICO participants is a greater idiot.

He participated and lost money because the investors dumped the coins, he seem to be holding the coins like there is nothing else he can hold besides it so he loses money. Here's a tip, you let it go and then buy back when price drops, this is how they gather more coins. Don't hold your coins, your dick  matters much than any other coins.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Spoetnik on March 29, 2017, 09:43:05 AM
Don't be so harsh about it man, we all know that most of the ICO's are total scam but there are still that are legit existing.

Don't say that those participants are idiots, they just want to earn the same thing as the ICO devs are doing.

Not all of them are bunch of scam.

NO.... ALL

How the fuck can i get through to you greedy morons out there ?
You repeat the same stupid retarded bullshit NON STOP.. no matter how wrong it is.

Let me put it this way (again) ..
Is the ICO (initial distribution) an improvement over the standard that BTC created ?
NO ..It is not.
There for it's worse and not debatable.
It just is.

That is point #1

Do you need more ?
I could post proof it is responsible for raping babies and stealing pension checks and you all would say the same exact identical bullshit here 24/7.

NEWS FLASH INVESTARDS:
Hanging around here spouting off stupid ass bullshit 24/7 fer teh ROI'z is not going to further crypto.
On the contrary it is insuring that the outside world stays away.
That is a key reason why this shit only attracts the scum of the world.. MLM scammers, Ransomware or Dark -Market douche's or just general all around crooked deceitful frauds.

ICO's could potentially be legit if they had a proper structuring and were regulated but they are NOT.
Further more these are not "Companies"
So the notion you are ICO'ing a decentralized digital crypto currency is retard beyond comprehension.
It violate the entire point of making the god damn fucking thing  :D

Yes... A L L you stupid fucking morons.

ALL

Understand yet ?
Listening ?
Of course not.. you left and are counting your ROI'z at Polo  ::)

The only people you attract to this bullshit acting like this is other greedy idiots that know better.
Corrupt maggots luring in more corrupt maggots for a massive corrupt maggot circle-jerk.
Have fun taking a steaming fat dump on adoption kidiot brats.

You assholes morphed this shit into playground for rich people.
You took a fat shit on the ideals of crypto.

It's like seeing a band of morons on a forum justifying saying robbing a bank is ok because you give a lot of it to charity.
That is the same dumb fuck retard logic at work here.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: iamnotback on March 29, 2017, 10:04:03 AM
ICOs are destroying our chance to change the world:

...

Given ICOs, no one wants to work for real adoption any more. Everyone wants to cash out with some hype and BS. Its all speculation and no real world accomplishment. I am here to do real world work.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Ayers on March 29, 2017, 10:12:27 AM
ico are bad but the thing which is more bad are investors that invest in ico, if they stop following the scammy ico coins, all the ico would die, they still fall for the same trap with nice front of the thread starter with faces of the dev and all that thing, but in the end those dev scam you with their premine, and market manipulation, i think poloniex is implicated in all those ico as well


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: JoeyDaMan7 on March 29, 2017, 10:36:34 AM
I think throwing money at ICO's for projects that you believe in the most would be a safer bet than buying up all these alts on Polo right now, due to the the price manipulation of most of them. It's safer because the coins for the ICO's aren't being bought and sold on the free-market yet. Yes, there's a bubble and I hate it - just pop already dammit. I had the opportunity to ride the ETH wave the past few months fortunately.

Yes, buying ICO coins is a gamble - but so is buying any alt on the market, right now.

Obviously, the ETH ICO participants made a shit-ton already.



Title: Re: Any one participating in ICOs is an idiot!!!
Post by: robelneo on March 29, 2017, 03:36:11 PM
ICOs are destroying our chance to change the world:

...

Given ICOs, no one wants to work for real adoption any more. Everyone wants to cash out with some hype and BS. Its all speculation and no real world accomplishment. I am here to do real world work.

I agree but if you check the altcoin announcement sections,there's new ico almost everyday I think they are coming from the same dev who are just repeating their previous success,and they are not going to stop unless not even one is investing.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: hansen.ng on March 30, 2017, 04:36:06 AM
without ICO, most of the project won't launch though. But of course you have to be smart about it.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Mumbeeptind1963 on March 30, 2017, 04:55:36 AM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

There are many ICO everyday, we are one who will decide if we are about to get attached to it or not. We are the one who is in control in our money. Yes there are so many alt coins out there but dev are just making we are the ones who are investing, we will be scamed if and only if we are not be able to research for it, if it is be legit or not.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: addias on March 30, 2017, 06:44:30 AM
I think you just have to be selective when it comes to an ICO. Sometimes it is better to let it hit the markets than invest in the ICO. Either way, there is always profit to be made.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Spoetnik on March 30, 2017, 07:16:53 AM
I see the same cliche'd dumb-ass retorts forever here.
You all repeat it all like a broken record.
Why ?

$

Context ?
Yeah.. this is where they are made and where the "supporters" get their cut.
So what are these guys here going to say about them ?

Let me remind these sleazy little profiteers.. that they are noobs who showed up here LATE to crypto
and lowered the bar so bad it's scrapping on the ground.
It was never this bad when i started..
You all made this stuff a hellish nasty nightmare then wander around pointing the finger at others.

I can think of 1 single person in all of crypto history who admitted he made a mistake.
The rest of you play innocent and blame everyone else.

Why do you think Kickstarter bans this type of shit ?
Bitcoin is damn near a decade old.. and your faggy little ICO bullshit is going to take over ?

When I see Ethereum STILL as the #2 coin in crypto it makes me sick !

yadda yaddaa their bad.. just not me and my bags.
Look at the signatures from this shit talking fucking noob rejects  ::)
Liek OMG pre-pre-pre ANN for teh ICO's and teh ROI'z OMG PROFITZ !!!111

These rotten slimy little maggots will shit and bolt when the cops freeze their coin.
They will dump as fast as lightning cutting each others throats to do it first.

Lets be clear here people.
You have a scam scene with greed as your mantra.
You have a scene FULL of profiteers who would sell their own mothers ass for Bitcoins.
All these losers do is come here and run their mouth for BTC.

How am i suppose to have respect for these shithead loser profiteer kidiot brat noobs here ?
Lets compare..

I have 1 account.. you ?
I started in 2013.. you ?
I have supported 0 ICO's.. you ?
I have had 0 sig or avatar campaigns.. you ?

Let me make this real clear nublets.. you have no god damn integrity.
Come back in 4 or 5 years after you built it then shoot your little mouth off.
Step one is closing your god damn wallet !
Jackpotcoin was my guilty moment if anything.
I chose to support it because it was the lesser evil of what was available.
I WANTED to keep supporting crypto and stay involved.
But don't forget i started when there was about 50 coins.
When i started supporting JPC there hardcore massive SCRYPT cloning going on and ALL OF YOU loudly supporting it.
NOW.. you all moved to supporting mass ICO's.

I went down with the ship.
I suspect the dev ripped of the coin users with hack then dumped them on exchanges.
What did i do ?
I held my coins.. I STILL HAVE THEM NOW !
You ?
You all ran and dumped and wandered off pretending you never supported the coin.

I had to come to the conclusion that things changed in crypto.
Trends were obvious.. this shit was getting nasty !
I had to CHOOSE to close my wallet.

DO you all understand ?
You need to speak with your actions.
STOP supporting shit on exchanges or even the exchanges themselves.
When Cryptsy and Polo etc added "User Verification"
I STOPPED using them !
You ?

When there is nothing good to buy or there is no good place to buy it then maybe it's time to close your wallet ?

Making bad work is not a good agenda and is not going to get you anywhere.
At best you are all *mostly* selling yourselves short.
Morphing this crypto stuff into a nasty horrendous scammy greedy joke only kills your OWN profits.
And will of course provoke law enforcement.

The Elephant in the room is coins and people and services vanish.
THAT is what i have been warning you all about since late 2013 loudly.
I said the worse it gets the more guys will pack up and leave..
ripping someone off on the way out the door.. ala, GOX or Cryptsy or Master-P (the escrow'er) style.

You will suffer the consequences.. sooner or later.
If you keep your money on the table in a crooked casino long enough you will go broke.
You guys need to smarten up.. because your being idiots.

And i could laugh hard if i seen all the crap you pull that you hide.
If i could see all the accounts you all use and the coins you backed it would be a different story.
Chant free market ? Then why would you be using an Exchange taking picture ID and ratting people out to the US Fed's ? AKA: Coinbase + KickassTorrents.
You all spew soooo much bullshit but when no one is looking you count your fuckin' ROI's like sleaze balls.
Then you have the bloody audacity, no gall, no nerve.. to come back here and chirp your beak ?

Puuhlease spare me clowns  ::)


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Inkdatar on March 30, 2017, 07:28:49 AM
ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: CraigWrightBTC on March 30, 2017, 11:09:20 AM
ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.
I agree with you, and all of instrument investments always there are risk losing money include investments on ICO
unfortunately the peoples who were losing money because of investments in ICO, they blame the ICO
should before investing on ICO we must choose the ICO carefully.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: jackryderd on March 30, 2017, 11:56:11 AM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Invested in WINGS , 3X already but still did not get my tokens so I agree somewhere or else


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: DonApp on March 30, 2017, 12:40:04 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Invested in WINGS , 3X already but still did not get my tokens so I agree somewhere or else

Wings is not traded yet, except some IOU on Liqui. Real price is still to be seen, although it could go even higher then current IOU price.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: DonApp on March 30, 2017, 12:42:14 PM
ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.

Yes, only invest an amount of money you can afford to loose. Do due diligence and check team/escrow/roadmap/etc. And if you are confident on the project; don't sell too soon, typically there is a dump right after token release.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Piston Honda on March 30, 2017, 01:47:13 PM
op, no shit.

hence why i say buy legit stuff like wbb!  but seems dummies don't listen.  it's about to MOON and price still hovers LOL wtf bbq.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: guybouchard on April 01, 2017, 01:04:35 AM
I invested in Legends Room but some jackass named Kevin Hobbs cancelled it. The company says they are restarting it so I will get my membership.  So we will see.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Tesorex on June 01, 2017, 12:18:01 AM
God be my witness that I haven't invested in any ICO to get burned and come here to complain by creating this thread.
Usually successful companies with actual and physical product launch something similar to these ICOs here.
But in crypto people just by being online, create a website and a few pages of texts and then announce their ICO.
But how many do we really need?
Alarming part being, they only launch an ICO in order to then later develop a product for it, while it should be the other way, first develop a product and prove you can make money and show there is a demand for your product and then launch your coin.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Cactushrt on June 01, 2017, 02:12:59 AM
Idiot? If you want to participate on ico you must read their roadmap and whitepaper i have participated on many ico and i can say i can profit with a small amount of time


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: fortunecrypto on June 01, 2017, 02:32:00 AM
I think OP is the idiot here,he is not doing a research,there are a lof of ico that turns out to be very profitable like Bitconnectcoin and Xaurum and there's a new one coming that is sure to be a big hit to all participants Footballcoin.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: culuuton on June 01, 2017, 02:35:10 AM
ICO's is a risks investment, you might win some you might lose some. Nothing is certain in this kind of investment that your money will return or you will earn profit. We need to be smart not to put all your money so you can gain profit in anyway.
High risk - high profit. and if you try to compare normal crowdfunding, VC seed funding, IPO with ICO, there are much more benefits going through ICO than other types of capital raise. ICO name should be changed because of negative stigma around it, but token inital offering, coin crowdsale etc is pretty much the same.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: bitcoinvestor on June 01, 2017, 02:44:22 AM
i think investing in ico is better than investing on ponzi site, because not of all icos are scams. everyone have own way to make money you can't blame they all are idiot.
Not a problem what you say " I aM iDIOT"  I got 1.3 BTC from signature campaign promoting ICO. That's make me idiot. I have money no to trade. Earn good income from trading. All ICOs are idiot. Ok Etherium ICO Idiot, All token under etherium blockchain are idiot. All signature campaigns members are idiot. and all members of bitcointalk are idiot.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Kray on June 01, 2017, 04:56:39 PM
ICO should not even be called an investment, it should be called a gamble because it is a gamble.
you see a thread and some unknown anonymous person on the internet who is saying "my coin is awesome" and the code is not ready yet, it just lists some specification which you have seem a thousand times before and i bet not a single person checks the code!

that is why i say it is a gamble. people put their money down and bet if the projects gets enough victims to pump up or fail and they lose.

Agree with you many people joining ico because they wanna get profit while dev pump his coin, once they missed pump moment you will loss


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: LodisMcguire on June 01, 2017, 05:38:05 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.

Invested in WINGS , 3X already but still did not get my tokens so I agree somewhere or else

well before joining an ICO you should do some research first and decide is it trustworthy or not
find the news about the ICO in many sites,if it's look promising,i'm sure you can gain profit from them
or
be a small player and just join the bounty,dont invest your money at all


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: syarifbitcoin on June 01, 2017, 06:01:01 PM
Investment = High Risk
The same thing with trading, you must be smart to choose coin before investing into the coin
But I do not agree if all coin ICO scam


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Pfizer on June 01, 2017, 06:07:46 PM
Obviously, I don't agree with you. But I can claim that %90 of the ICOs are not trustable and possible scam attempts.

let's look at the scam instances and try to be careful for your money and coins.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: Fweebie5 on July 24, 2017, 12:36:45 PM
If that is the case how you perceive them then when Bram Cohen releases an ICO for his cryptocurrency you obviously won't invest ? WOW...Just WOW...


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: SvenBomvolen on July 24, 2017, 12:43:28 PM
My dear, do you think that everybody here are such idiots and do not understand all risks of investment in an ICO? I think everybody decide for himself what to do, but you see, firstly the ICO gives us a job, such as commenting in their threads, every comment is payed. The second thing it's not 99% scam, there are many perspective projects just an individual hast to have a bit of logic, knowledge and his own head to separate the wheat from the chaff.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: freedomsr40 on July 24, 2017, 02:02:09 PM
I think ICO is (was) a very good idea for start-ups to reach investors, those who got rich in the first waves of BTC development need place to grow their money.
But then it quickly is abused and became a tool to get easy money with whatever projects.
So I'm sitting and waiting to see the bubble bust one day.


Title: Re: Any one participating in ICOs is an idiot!!!
Post by: bassong on July 24, 2017, 02:05:16 PM
%99 of ICOs and altcoins are totally scam attempts and when you see a moderated thread announcing ICO or an alt coin launch and if you invest a penny then you are an idiot. when you see alot of people are posting in these threads thinking it must be legit, you are an idiot.
Don't you know there are troll armies experts for hire to post and keep a thread live and on top and posting positive comments only to lure you into sending your money as donation to them.

Who in their right mind would trust a developer launching an ICO or a crapcoin in a self moderated thread?
I am insulting you all because you deserve it.


You can say it again, I don't think they are making that much anyway, most of the raised money figures are pure lies to snare unsuspecting investors. That said can someone show me how to set up one? I am writing an article about how easy it is to scam with an ICO on bitcointalk.