Bitcoin Forum

shouldn't people are cynical on ICOs?  ???

or that we are joining the pyramid scheme?

Because people want to make money. But many of them (especially newbies) can only dream that, they think some keywords + nice graphics can bring them money, ridiculous.

We don't have reasons to hate on ICOs projects because basically ICOs projects are instrument of investment, all of peoples know that investment are high risk losing money except can get large of money include on ICOs projects, but doesn't mean the people must blame the ICOs projects because of losing money in ICOs because on every business the rise of failure always be there, should the people calculate about the risk and no hate the ICOs projects.

That is what I have been saying all this time. Some ICOs are scammy ones but some are not. It should not be blamed to ICOs because ICOs per se are not scam, it is a legitimate way to pool together resources from as many investors as possible. ICOs are also causing great projects to become successful.

A lot of ICOs are indeed scams. And many people are victimized by them. But these are the ones that should not have been trusted in the first place. If enough studies were made, enough background checkings were done, then perhaps people would not have joined and invested in these ICOs in the first place. It was not the ICOs that caused them to lose money. It was the project.

ico not going anywhere any time soon

Because money still talks. When BTC is full, they will move to ETH tokens. When ETH is not popular they will return to WAVES. Same story, wash, recycle,,, ICO also a recycled story. Maybe the end of 2017, the end of ICOs. But they will return when all is forgotten.

People not supposed to be cynical but need to be careful about ICO, some of the ICO has a good feature but most of them are scams and ICO won't stop appearing because it is one of the way for coin developer to look for money, and to be honest we don't need anymore ICO, we already got so many coins which is useless

I think more people than you think are aware that they are buying essentially dead tokens. For speculation, all you need is the off-chance that it may actually become something in the future, no matter how unlikely it is.

Dont invest in bad ICOs

Problem solved

I think you don't understand the meaning well, obviously, we blame the scam ICOs. and in fact, most of ICO project are scams.

the point is that how to find the bad ICOs.

Because people have still a lot of money which they want to make more profit from them. But lots of people are doomed to lose their money as most projects are scam.

We just needs analisys fundamental of the ICOs projects before making invest into them, it will be ignore scam ICOs and fake projects in the name of ICOs, but however the best skill analisys fundamental in the ICOs our have, the ICOs projects are part of instrument of investment they are high risk losing money especially investing in digital coins even bitcoins its self no guarantee will be survive, so becareful with instrument of investment.

Typical account farmer post, designed to give the alts something to post about,  always with poor grasp of English.   The forum is being flooded with these threads,  and it's why no one reads anything.

Those stupid icos are making their devs millions and it has nothing to do with the fork. They're not going to stop anytime soon,  and it wouldn't matter if bitcoin forked a thousand times.

In my opinion, I think ICOs will always exist, no matter what happens to bitcoin. Since their introduction, they have been adopted as a new of raising funds for certain projects. The more new coins are created, the more ICOs will grow and gain more recognition.

Not all icos fail, some are obvious scams and you should stay away from them, some are projects that are not scams but something happens that stops its development and some other projects are huge success so that is why people keep investing their money there.

Easiest way to make money for devs and campaigners. The forum will always be filled with people who want to get rich quick and ICO sells that.

ICO projects have nothing to do with bitcoin split, two completely different markets. ICO projects often use the technology of Waves and ETH.
BTC is only an intermediary to support liquidity for investments in ICO projects.

Best comment so far. I could have not put it better myself.  8)

Sure ico's are making devs milionairs ,so for why to stop that goldmine.How many ico;s will deliver that what thay have promised,think twice or more before invest

It depends, if the project is clearly a scam and you still decide to invest in it, then most of the fault resides in your shoulders for not using common sense, but if the project is a serious one and it still fails then you could put most of its fault at the feet of the developers.

ICO is to raising money what Bitcoin was to payment : a revolution. ICOs are here to last, with you liking this or not !

The same people behind the fork, same people with deep pockets, they're all the same, there is no actual product to use, if you buy IOTA for example

What could you do with it in the real world? as far as I know nothing. even if they manage to develop their platform, then who will guarantee the world

Will adopt and start using IOTA when they're connected to the internet with everything? no one, do people really need what these ICOs are providing

As a service? I think not. they forked Bitcoin to earn more money just to use that money to pump their ICO tokens. not just IOTA but looking at the

Charts I see almost every token is up ever since Bitcoin forked. Bitcoin was never promising anything in an ICO form and fail doing so to cause

Rise of so many instamined tokens, so I don't see any relation between the two other than trading relationship.

Many are still making money ysing ICO but i think ICO is not a scam it is the project . iCO will still revolving evn after the fork because still many people invest in some project. If people will analyze and checking all the background of the priject before investing on it then they will even know how the project go. But i know some project in ICO usingbthe oyranid scheme but still its work...

For sure, there is no problem with ICOs. There are many ICOs are good project. OMG is a good project , now the price is pump in bittrex. If you are investor and loose money in ICOs, that's your strategy to learn about the project. Read the whitepare and review before investing, how do you analyse the future of the coin. If you are good analyst , I think you will make profit from ICO.

Also since the SEC is putting restrictions on their US citizens I think many ICOs were launched because they want to grab as much money as they can before some laws are put in place that will make them illegal or that will require them to be more strict on how ICOs are managed.

I don't see any relationship between bitcoin soft split and the number of new/upcoming token sales. Opportunity chasers saw these token sales as a method to get rich. That's all.

Definitely you had a good point their mate, but SEC shouldn't be strict on that matter since ICO's were promising even there were fears of scam sometime to those who managed the different projects of the ICO. This won't be illegal due to ICO has it's own independent body which gives promising investments to the traders who invested bigger capitals for the projects, and for me one reason why there were many projects after that speculations of fork; is that due to capability of the bitcoin and other alternative currencies to rise even more of it's price value. No one can stop that to happen and it been predicted before the fear of August 1 that after the date there will be better future on digital currencies after all.

The bitcoin fork isn't an enough reason for ICO companies to stop its campaign. The death of ICO means the cryptocurrency has no value. The world doesn't want it to happen. Cryptocurrency is here to stay. So is ICO.

Actually before the 1 August ( before the bitcoin fork ) people were feeling fear to loss the bitcoin in the network during fork so most of the people stopped the transaction and also many of the exchange and third party Wallets also stopped deposit and withdrawal .
So in that case it was not possible for everyone to make use of the btc easily and with fearless .
So most of the projects work stopped the launching of thier project before the fork and then they suddenly launched after the fork .
So here everything was the condition that was forcing to stop the trade , well here more better for us to enjoy these opportunities to make money by perfect and better place investment .

Yeah, even opposite after forks make Bitcoin price growth strongly and fast in this month, this happens has make ICOs project interesting more than in past time because most newbie don't know or have skill trading, so they will find ICOs investment helps them.

That is rubbish. ICOs could disappear and Bitcoin could be king. The death of ICO doesn't mean that cryptocurrencies have no value, it just means that people won't attribute value to a cryptocurrency even before it is developed.

There's opportunity with ICOs and many people still believe it. Opportunity to make profit with build a project will always make people interested. Besides that, even fail, there's an experience they get ( learning by doing ). ICOs not the pyramid scheme, there's clear concept, develop team and also fund to start. Don't worry if every day ICO projects come up without permission. We only take a project with a good concept and has future. Good luck and have a nice day.

I think here facts to explain are better but still if you can see that at the exchange sites deposit and withdrawal like system was closed by the admin so at that time everyone was thinking that they can loss if anything happen wrong , so people will no more take interest if ico get launched.
So i think they waited for the fork .
Here i remembered correctly when the whole day i was at the yobit chat discussion where no one was buying the coins and no one was discussing about the ICO like thing , because everyone was aware about the main problem of the btc to have at the exchange because most of the people transferred Thier bitcoin to the wallet and no btc was left for the trading at the exchange .
May be another reason can be but still According to all discussion i found this thing of non availability of bitcoin and fear to loss during fork experiment only was the reason of lake of interest in online projects .

those who place their investment inside ico are just like playing gambling the success or the downfall of certain project always up to the trade
so even it got a big risk people still pretend that it can be possibly profitable if you choose the right one or if you got a lucky pick.

ICO is a fundraising program for project development, large or small projects are eligible to participate in the program if they have a fresh idea of the technology or need some money to advance their project.
The ICO is not bad but some people have taken advantage of this to appropriating the money of the investors

You want an answer for that? Bitcoin fork was nonsense, it was a normal day during Bitcoin fork. It wasn't implicating all ICO because of bitcoin fork. Bitcoin was involved on that, you should save and store you bitcoin into another wallet that can generate seed or a private to keep your bitcoin safe from bitcoin fork.

ico is a new and low threshold way to invest, so many people dont have enough knowledge and sight to judge a project, they conform to buy, but when the winter coming, most will jumpling

Yes there is lots of Ico happening but each ICO having solution for one or other real problem some are really copy pasting successful formula or successful project we should be aware about that kind of projects.

What does one have to do with the other ???

For now, the team of ICO do the same project but the investors don't know about that. The project seem not reality. This case makes ico not succesful. Alert for investors not to invest in the copy paste project. The token will be worthless after the ICO.

That was not the point of my post, but first of all, bitcoin did not go trough a soft fork it was a hard fork, and second I did not argue at all that the fork had anything to do with the recent spike of ICOs my point is that regulation is coming and everyone wants one last pay day.