Bitcoin Forum

Initial Coin Offering is useless now a day. They meant to dump after it was release. Very useless buying at ICO stage.

Agreed ICOs got way too greedy and now I wouldnt be surprised if they fail more often in the future.

It's not hard to find ico's that wont go under ICO price after exchange

thats called a risk, but not all ico project being useless, some times we need to hold the coin or token for long term
depending on the roadmap and team development on that project

yes, invested only money that you can afford to loose
1st principle on investments,, but i agree with you that some project will be good for long term hold

ICOs need regulation cos most of them are just there to scam people. Is just few of them that implement their promises, but i don't want government to regulate it.

I agree, most people who participate in ICOs dump them very quickly, they just see it an opertunity to earn faster. nothing good though.

How is a company supposed to reach their goals without funding and crowd support - the whole point of an ICO is to fund a great new idea and in return this idea will give the investors $$$

I agree to an extent, Most ICOs (let's say around 85%) are just sophisticated dumps. I know of three that are already in the top 100 that are obvious scams. That's the risk of crypto though, with the massive gains that can be made in ICOs - there are losses. I've been a victim to them and I'm sure many others have to. There are gems, you just need to find them. Just stray far away to anything that signals even one red flag.

Try to step up your background checking skills before joining any ICO. That is your very important job as an investor. You will end up whining and crying and blaming ICO in general if you fail to do this. Legitimate ICOs will not dump after the release. In fact, some projects offering their tokens through ICO will not give the tokens right away so that there will be no dumping after the release. Legit projects will carefully protect the value of their tokens or coins.

do some research first before you invest your money on ICO
read carefully the whitepaper and roadmap also don't forget to check their team background, is that real man or just a pict

That's what happens when you invest in an ICO that raises $40m, you can't really expect it to trade over ICO price based on idea. It might trade over ICO price in 2 years, but come on, no ICO needs $40m to develop their product.

There are some ICO's that are legit and needed to verify the project. So before investing check the roadmap, team's marketing strategy to be able the ICO to become successful. Thus, not all ICo are useless these days.

So far ICO is like a mushroom that all coming out at the same time, lending platform ICO's are the example after RegalCoin success. Be careful on investing this time..not all are true and legit. Some are riding only on the succes of bitconnect at regalcoin ICO.Invest what you can afford to lost.

My simple response to temptation to get involved in ICO's is "no". I don't think they are useless, some look great, some have been great, however I just dont trust the environment that gives birth to all these projects. Its like the wild west out there  ;).

Blame the people that keep supporting them. I browsed through current ICO's last week and didn't even click on a single thread as none of them either made sense, or did anything useful.

Who is putting money into this shit?

It’s useless and worthless when the team behind it is lazy and scammers. But there always be a good ICO, believing that there is still a good project is the only choice we do have now. Regret and risk is continuing battle and for me taking the risk is better than regretting for doing nothing.

I was very confident to offer Request Network Ico. It's only been a week since. Ico price is 25-30% below trading. I will not join the ICO after that.

Look here https://icostats.com/roi-since-ico and tell me that ICO is useless.

I have experienced bad replay from the two current Ico I have invested in since last two months. I bought the first one at 0.00012btc and it is currently bellow 0.00008btc at wavedex! The reality is I was just send the coins yesterday because the distribution of the coins start since the beginning of October with high investors and we that invest below $500 just got ours yesterday. I have decided never to invest in ico project except the developers are ready to buy back the coins when there are in the market.

But doesn't that just dealy a dump?  How else do companies protect their token values?

Not all ICO fail...make money in some

These days ICOs are considered as a scam because of greedy people who are trying to take advantage of us. Because of this people aren’t getting afraid of them. I think there are still lots of good ICO to come.

ICO = 100% premined token, money for no work. No mining for real distribution and all the power is with the coin holders. Bad for distribution and easy to manipulate the prices without risk of multi pool dumps. Although ICOs might be replaced by forking a whole bunch of alts if the bitcoin forks are successful.

The fault here will be from the Investors that are not checking the ICO if it will be feasible and has a future. Some ICOs are now meant to pump and dump which is correct, but there are lot of ICOs that are there with good usage, it's for you an investor to atleast research and discern what is the difference of Shitcoins from the real and genuine one.

not all of them but most of them indeed were useless project/product until now,
i have been around here for more than 2 years and never heard a successfull project based on real 'item'.
what i mean is they're delivering what they promised to us,
the successfull one and the majority running their own project based on 'service' not an 'item',like program notification/alert,and etc.

Some ico are very innovative like health care, housing services and taxis, but it is useless if in the end they will not succeed in fulfilling the aspect of legality, they are trapped so deep that it can not grow. I know that the remaining icons are in non-physical products and services.

I agree that ICO has problem but it is usefull,
I dont want to say ICO as useless but we have toncontrolnit.

We have to be very carefull to invest,
Any invest.

There are good projects but its hard to find good ones. We should do some research before we invest our money in ICO. Background check is important to understand if they are true or not.

I can see many ICO occur it means that many people interest on ICO.
If ICO doesn't exist so people did not interest on ICO but the fact is they interest.
Just make sure that you invest do not more than you can afford to loss

lol it's like to say " to earn money is useless"

Not completely useless, the goal of ico project is sell opportunity and a benefit from the coin when lounching date of the coin.  From the information from ico we can choose one from the offerings when we decide to follow the ico projects from developer information.  Mybe before we choose the ico we must know the good from the bad.

Your right sir many ICO's are appearing on the market right now and yet before they release it. They already dumped it. That's why some investors says that new ICO's are scam indeed.