Bitcoin Forum

Look at the Mysterium and BAT ICOs: absolute mess. Only big whales were able to buy because they pump gas prices to make to impossible for the average guy to get any coins. Now they control most of the supply.

I wanted to try my luck in Bancor, Tezos and maybe another ones, seeing that a lot of ICOs have delivered good ROI, but I suspect it's going to be impossible and we the common folk is going to be doomed into waiting the token to hit the exchanges to buy any.

Large institutional investors are able to get orders in for stock IPOs before the general public,
and crypto is turning into the same thing.
Investors realized its easy to make money in the crypto sector and its getting harder for the small buyers to make money.

Yeah, same happened with Boscoin where the small investors couldn't get their transactions through compared to the large investors who purchased a bulk of coins. The same thing repeats with other big ICOs too that complete their target within few hours. Even if you set a big gas limit, still they will manage to be faster than other individuals.

isn't the tezos one unlimited? that makes it even more of ridiculous proposition than the other ones. this is all gonna come crashing down at some point. it won't be allowed to continue.

I don't know the conditions of the Tezos ICO yet, but granted, if the ICO is unlimited, it's absolute nonsense because it's going to create a massive pump and dump where people drop loads at the very beginning for an ideal price.

I believe the Bancor ICO was trying to propose some sort of solution for the ICO so it was posponed.

I think it's going to be impossible.

Now on the BAT ICO:

https://coinmarketcap.com/assets/basic-attention-token/#charts

Price is at $0.16. What was the price at the ICO? Total supply is 1,5 billion, I don't see how this isn't going to crash unless it becomes a top 5 coin which I doubt.

Consider Dcorp ipo. It is good idea and team, legit

I recommend everyone to look at the BAT price evolution to learn what happens when an ICO gets obviously cornered by huge whales that have more than 50% of the total supply.

If it goes up and explodes in price, then it shows it's still a good idea to hold some even tho it's basically a scam, if you can profit it's not fully a scam anymore.

The level playing field is gone for now and big money is being dumped into these ICO and so is the reason it is impossible to get into a promising ICO by an average individual and since there are no regulatory body over looking these things nothing can be done unless you wait for them to be listed in the exchanges.

I agree. If you don't have big money in your pocket,
You should wait for obscure gems and need to go in earlier.
You should search more.

Can someone explain me why is so good to invest in ICO's ? What's the difference between that and waiting a month or two to enter it at an attractive price ?

Yes. I think it has already more than $500K invested on the first day alone. ICO's will be running in about a month so there are still a lot of time for investors to really support this project which has really have a good future. And the teams behind it are also very good and answering all questions about the said project.

What you said is correct their is no use of investing in ICO and then wait for them to release the ICO coins and wait for them to hit the exchanges instead we can wait and as soon as it hits the exchange you can start buying in split , about some icos getting filled in short time that type of ICO coins we have to be safe from them because that type of ICO coins are mostly pump and dump type of coins . They are fully manipulated by the Whales and the developer so any time they can just corner the coin after dumping it to 1 sat.

ICOs should be held over several weeks and have a daily coin emission. This way whales cannot buy up all of the tokens all at once.

Bitshares had a great template for ICOs but no one followed it. The BTS ICO was held over 1 month (I think) where every day 3 million coins were sold. Each new day another 3 million coins were on the auctioning block. If you wanted to invest say 30 BTC then the best way to get the most coins would be to invest 1 BTC every day of that month and get your chunk of coins for that day. One could also watch the sale and try to snipe more coins by waiting it out and sending BTC on a day that sees low activity.

I thought this was the best approach to any ICO I have seen.

There is one project with a 3-month ICO program but it's barely getting investors. This is the reason why most ICOs only last for few days or max 20-30 days to get investors quickly so that they can start implementing their project. To sell tokens on a daily-basis is a better idea as then many investors would be able to hold tokens in such projects. I don't see it happening anytime soon though.

Wish there were more solutions like this than complains. Too much complainings bore the hell out of me. It's should not always be about money.  People need to also proffer solutions otherwise this great forum will lose its value

What you are telling is true but due to so many ICO scams have happened , now the users have to be very carefull choosing the good ICO to invest

Why the fuck are you investing in ICO's anyway ?
What is wrong with you people ?

The cops can't come soon enough for this bullshit.

+infinity.

These new insta ico scams are the new 100 % premines.

This new capped ico bullshit is a total license to print money it is fool proof.

Push out a dreams and talk roadmap get everyone horny for it, sell it all to yourselves and insiders. Collude together to sell to each other or yourselves for ever increasing prices. Use fomo to suck in new money to keep it going and exit over time. Guaranteed scam.

Any capped or short duration ico that is not advertised is open to total manipulation and scamming. Dont fall for it.

Don't bullshit, a person could get in for BOS, I did. ~2500 participants.

You saw how decentralised ethereum, bitcoins and most of altcoins?? lol decentralised  my ass!!
And people are talking days and night about decentralised altcoins haha

You better focus on yourself and make money.

The principles, they are for poor peoples to follow, the rich ones create their own and let the poor one following. and so on.. the richs create new rules for new objectifs.

Why people chase after this garbage is beyond me--just like in the stock market where people chase the hottest IPOs.  That's what these 'ICOs" are trying to emulate, and it's a trap for suckers.  It's no wonder why people can't make money doing this stuff (most, anyway).  You're always chasing something, the same something that everyone else is chasing!  The smart move is to buy something when it's a little beaten down already.  Ever heard of "buy low, sell high"?  Seems like most of this forum hasn't.

Buying seems really a legit way to have goot profit, but in lot pf ICo's now ,we just need to see and cjoose among offers good profit and have the most potential ivo soon.

Pure Bullshit.

Litecoin & Bitcoin made a lot of people a lot of money for example and i don't call them "scams".
Problem is you are all mostly..

- Greedy
- Stupid
- Lazy
- Childish
- Impatient
- Naive
- Corrupt / immoral brats

And you WILL in fact reap what you sow.. it is the way of life .

If the rotten little shits piling into crypto were patient and had trade skills they could make money off of ANYTHING.
Problem is they don't know how.

When i started out when a coin got pumped many of us would participate and others would simply watch for entertainment value.
We all knew that there is a dump afterwards.. ALWAYS !

But they were considered something to be avoided by respected traders.
You stupid little rejects actually look for them because it's all you know.

Morality = poor people ?
I think not kidiots LOL

The entire history of humanity runs on solid investments.
If that were not the case you wouldn't be able to join the trade scene and corrupt it for ROI's.

Wanna jiggle your little dick-holsters noob accounts ?
Step on up then.
Please enlighten us all and tell us a what a sound investment is technically in the traditional stock market sense.
You shouldn't even need to Google it hahahha

Otherwise sit the fuck down and shut the fuck up because you know nothing random shill puppet shit noob accounts.
Oh and while you are Googling to try and feed me a grand retort, do a search for pyramid schemes and ponzi schemes.
Then you can outline all the numerous similarities compared to crypto.

All i hear is piglets oinking. OINNNK OINNNK OOOOOINK !
Must EAT i got mah MOuth To FEED !!!111ONE

Here's a song... Godflesh.. "Animals" for you pigglets ;)


Keep *pretending* you are smart.. it's so convincing  :D

PS:
I have had steak in my colon longer that many of the little idiots running their mouth at me here buy teh ROI's exchanger ICO coinz fer teh profits on PloneeX

I am glad to see that some of the ICO projects have realized that problem. For example, the Cofound.it is based on premium pass signups. It is a very good distribution and they already have some interesting concepts for possible mechanisms.

Investing into ICO's is a good decision as well when invested into an much worthy project what the earning after the presale of the ICO gets ended is big, as well this cannot be got through some other altcoins trading at times.

Now its confirmed. you are a parano with big ego.
someone played with you when you was a child maybe.. it can explain a lots..

While this is a problem it is not that bad, I have seen some coins trading very early in their life below the price they were sold to investors, so you only need to have the guts to buy at that time and you will be making even more money than the early adopters.

Agreed, it sucks.. if to goes down to ICO level on exchanges  then it is ok.. but the price is ussualy 2-4x above when it hits exchanges...easy money for them.. but sucks for newcomers...

> There is one project with a 3-month ICO program but it's barely getting investors. This is the reason why most ICOs only last for few days or max 20-30 days to get investors quickly so that they can start implementing their project.

I get the feeling most of these ICOs are designed to be so short just to maximize FOMO (Fear of Missing Out)

I am just learning about ICOs now;  have any used, for example a Dutch Auction process for greater fairness?