Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: dumplingsandsushi on October 26, 2017, 02:55:00 AM



Title: ICOs = More of the same
Post by: dumplingsandsushi on October 26, 2017, 02:55:00 AM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.


Title: Re: ICOs = More of the same
Post by: bittick on October 26, 2017, 03:02:24 AM
This time there are so many similar projects just want to compete between each other. Thoe are not aiming for the future of project itself, but only interested in flipping the money into the doubled or more.


Title: Re: ICOs = More of the same
Post by: NathanJB on October 26, 2017, 03:10:50 AM
This time there are so many similar projects just want to compete between each other. Thoe are not aiming for the future of project itself, but only interested in flipping the money into the doubled or more.

This is the result of so many projects already. Others who want to join in the party cannot think anymore of a new innovation that they could introduce as revolutionary and a breakthrough project. They would end up copying something that is already existing and twitching a little of this and a little of that to appear original. But generally, they are simple copycats.


Title: Re: ICOs = More of the same
Post by: dieselmeister on October 26, 2017, 04:02:10 AM
yup. dont see any special idea from ICO in this time. All they focus is card, shop, payment and VR.... but sometimes simple idea is still good


Title: ICOs = NO More of the Same
Post by: Bit_Happy on October 26, 2017, 04:08:14 AM
Something really New

# Seeking people who try to understand and/or ask questions to help make this more clear.
`````````
`````````
ETH Bubble Game / Early Seed Angel Mania  (numbers a bit extreme)
Early Angel Numbers Are "Extreme" (?), how much do they typically make?


For Every (for example) Early $100 From "Angel/Whales"                      
      pre-seed   1st       2nd       ICO
$100 |  $300  |  $900  |  $2700  |  $9000  (Based on discounts, re-investing, "private deals", etc) // then...Dump crap tokens and start over!  |

`````````````````````````````



`````````````````````````````
Introducing Time-Frames: Short/Medium/Long-Term

         2018      2020      2024     2027/2028

$100 |  $300  |  $900  |  $2700  |  $9000  |
 

Numbers look the same, but you have more time to build real companies, not copycats.

``````````````````````````````
















http://i.dailymail.co.uk/i/pix/2014/09/18/1411079518235_wps_28_PRINT_BEFORE_WEB_ROBIN_Ga.jpg






``````````````````````````````
Now Show Building With The Community
>>> Fresh, New-wave Companies built (with help from) the Best and Brightest of this community.    

// Science Fiction Fans >> We have a special school for you.

:Play W/ Time +
:: Building With The Community
:::Borrowing from your long-term trust(!)

        2018     2020     2024      2027

// Note: ICO Credits were once a brand new idea, it took "one big Payday" for everyone to start treating then like real money. This is a NEW, improved type of Magic Money. Created for "students" (and HappySocks!) who want a better Future.

1) >> (Some time/effort required) Receive (for example) $200K Long-Term ICO Credits related to 2027/2028 'goals'.

2) "Invest" $1,000 (or more) Long-Term ICO Credits ("Today") by ""borrowing from your long-term trust(!)  // Someone will understand?
`````
2018/2019 +$800 (or much more in short-term profits)  / Reinvest at least $300 "Back Into the Future"  
`````
2020/2021 +$2,000  / Reinvest at least $700 "Back Into the Future"  // 2027/2028 Trust Fund is Paid Back
(Current profit ~$1,800 or much more )
`````
2024 +$3,400 or more <snip>

Make steady to Huge returns within 10 years starting with zero money and investing a bit of time in new wave companies built (with help from) the Best and Brightest of this community.    
The "gross cycle" of greed is slowly broken, since we offer something much better.

Comments?


`````
ps. Can anyone make an info-graphic based on these ideas?
#No_Competition


Title: Re: ICOs = More of the same
Post by: berrygood on October 26, 2017, 04:14:16 AM
I agree with you, but there is one more point also people still continue to investing in those ICOs, this is bad only for them


Title: Re: ICOs = More of the same
Post by: illiki23 on October 26, 2017, 05:13:15 AM
yup. dont see any special idea from ICO in this time. All they focus is card, shop, payment and VR.... but sometimes simple idea is still good

Oh come on.  Aside from the scams yes there are many many mundane half thought out ones which will fizzle, maybe even 95% of them, but there have been a steady stream of good ideas which either will radically change how the web works or inspire future technology that will.   Look at how far Ethereum and IOTA have come and look at some of these really great application ideas being put forth.  Legally binding trustless decentralized smart contracts, a decentralized IOT framework which handles both computation and storage, new means of tapping into users unsused computational and storage resources to monetize web sites and services, and so on.

I am amazed at the hundreds of crappy ideas but even more amazed at the gems such as Oyster or SIA or Etherparty and so on.


Title: Re: ICOs = More of the same
Post by: Bit_Happy on October 26, 2017, 09:05:45 PM
yup. dont see any special idea from ICO in this time. All they focus is card, shop, payment and VR.... but sometimes simple idea is still good

Oh...

I am amazed at the hundreds of crappy ideas but even more amazed at the gems such as Oyster or SIA or Etherparty and so on.

Looks like you and the OP can "both be correct", there is way too much of "More of the same" all shouting for attention, and you are correct for pointing out some do have great potential.


Title: Re: ICOs = More of the same
Post by: Filmmmakerr on October 27, 2017, 01:02:30 AM
Every ICO does seem the same, I've been looking for an ICO with a completely original idea for a while now. Nothing seems to be popping up.


Title: Re: ICOs = More of the same
Post by: rube08 on October 27, 2017, 01:15:43 AM
It is now hard to differentiate between good ones that are genuine and unique and carbon copy ones that just repeat what the previous ICO did.  I would suggest reading the whitepaper and ask yourself if it solves anything, could this be a revolutionary project that can profit and make money.


Title: Re: ICOs = More of the same
Post by: sock_info.doNOT.send.$ on October 27, 2017, 01:38:10 AM
Every ICO does seem the same, I've been looking for an ICO with a completely original idea for a while now. Nothing seems to be popping up.

There are some, but too much noise in this forum.


Title: Re: ICOs = More of the same
Post by: Dutchyyy on October 27, 2017, 01:40:37 AM
I notice the same - just another real property ico, another exchange ico, another copy-paste.

ICOs number exploded lately and it's hard to find anything original.


Title: Re: ICOs = More of the same
Post by: Decio on October 27, 2017, 01:48:57 AM
Yes, most icos have become to be the same, and it's quite sad to seen it this way.


Title: Re: ICOs = More of the same
Post by: Sir Cross on October 27, 2017, 02:00:54 AM
This time there are so many similar projects just want to compete between each other. Thoe are not aiming for the future of project itself, but only interested in flipping the money into the doubled or more.

I guess that a majority of the ICO have patterned it to be like the ones that were already successful in the past. Most of the investors have based the success of the ICO on the type and goal of the project so they would like to have attractive projects. Also, some projects such as the one OP has shared like an ICO to fund a utopian community based on renewable energy out in the middle of siberia may sound impossible and does not attract that much investors if it sounds too weird or risky. This probably the reason why there are common ICOs that are similar; a way of playing safe.


Title: Re: ICOs = More of the same
Post by: weav on October 27, 2017, 02:04:31 AM
I don't think it was that different 2/3 years ago .

People were scamming with ico's then also. There are still good projects to put money in you just gotta do some good research.


Title: Re: ICOs = More of the same
Post by: dumplingsandsushi on October 27, 2017, 02:25:23 AM
This one is old, but at least it gave me a laugh, Murraycoin:

https://bitcointalk.org/index.php?topic=436190.0

I was talking with a colleague today about possible applications of blockchain technology in education, in particular standardized testing.
We're not experts in blockchain technology but we're both in education and can see how this can cause a huge paradigm shift in academics.

I've been looking for a project in education and am really curious as to how they can utilize the technology.

That is something different that I would willingly become a part of.


Title: Re: ICOs = More of the same
Post by: feelideb on October 27, 2017, 02:25:43 AM
Spectre.ai is a lot different though. Spectre.ai is building broker less trading platform with virtual reality. This project has reach an advance stage and ico is been conduct for funding. Spectre.ai idea is actually solving life experiences problem in which many investors are been defrauded by rogue broker. Spectre.ai is bring solution to this. And that solution is not just whitepaper solution!


Title: Re: ICOs = More of the same
Post by: sweetpeaches on October 27, 2017, 02:48:59 AM
Check out Confideal! Smart Contracts without coding skills- looks really promising.
Also icobench's rating is 4,7.
https://icobench.com/ico/confideal


Title: Re: ICOs = More of the same
Post by: awilliams on October 27, 2017, 03:47:49 AM
LOL that last sentence had me haha

I agree. There's a lot of people flooding those sectors. One I found was very unique is cybermiles. They have a dectralized marketplace, but they partnered with 5miles app to implement the blockchain. So essentially, that's the first case study in real time. They also have a bunch of cool features int heri ecosystem that I haven't seen before.


Title: Re: ICOs = More of the same
Post by: Beicin on October 27, 2017, 03:53:15 AM
There are indeed a great number of very similar projects. But thats the case in anything you decide to take a look at: The overwhelming majority consists of average or subpar products, while only a handful will really grow into something big and truly disruptive (take the dot com bubble for example - you don't have many googles and amazons, they're few of a kind)


Title: Re: ICOs = More of the same
Post by: Forward_Thinking on October 27, 2017, 03:54:07 AM
That's a pretty good summary. I would like to see counts and more topics - it would be a good research project.


Title: Re: ICOs = More of the same
Post by: FrankNoland on October 27, 2017, 05:32:56 AM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.
I will have to agree with you, what you are saying is actually true, I have witnessed it too many times. A lot of ICOs which where launched this year are in most cases based on the same idea. Probably that is the one reason why some of them don't suceed.

Currently, it looks like some ICOs are introducing agriculture on the blockchain, I have seen a few ICOs within the few past days/weeks which are introducing agriculture and farming into the blockchain. I am not sure if it will work out or not but its happening, altcoins such as milkcoin and bananacoin are some of the projects which are introducing agriculture and farming on the blockchain.


Title: Re: ICOs = More of the same
Post by: ipanks on October 27, 2017, 08:55:10 AM
maybe the trend now is about what you mention and i think people will compare between one ico to another ico before they decide to make investment. they need learn one by one for the ico because they want their money to be safe and increase their money for a long term so if they can not take any benefits from the ico, then they don't have to join or buy the tokens. i think there are many others ico that will some other value for the investor so the investor can know where the best candidate ico that could be success in the future.


Title: Re: ICOs = More of the same
Post by: slaman29 on October 27, 2017, 09:00:58 AM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

I'm sure you're not the only one! Everyone is claiming to be the "first" in everything, and they don't even take the time to look at their competitors. The disappointment comes when you look at their team and see almost no developers there (I'm not talking about some Javascript programmer either). Then the bigger disappointment comes when you see how successful their ICOs are.

But like you, I really look forward to the out-of-the-box guys, but also I like seeing actual businesses use an ICO to expand. Sometimes, it's easy to get blinded by fancy whitepapers, but sometimes it's reassuring to see solid business plans.


Title: Re: ICOs = More of the same
Post by: trecore4 on October 27, 2017, 09:07:24 AM

This will continue to grow in that way only but it’s good thing for us while choosing the ICO project. In the future if any other project comes which is not similar to those you mentioned above then it will have more chances of creating mega crypto base and hence the project could see golden days really. So always keep a positive approach about these shitty projects for now. Unless there are no hard regulation the new ICO will keep forming like this and will follow same pattern every time. So better to watch for that new and unique ICO which might be one in hundred. ;-)


Title: Re: ICOs = More of the same
Post by: Hafik on October 27, 2017, 09:58:04 AM
may be some kind of way to get its own benefits. in that way can benefit more. but the project does not help too much. maybe it's only done by some people only. the results are also not all like-minded people.


Title: Re: ICOs = More of the same
Post by: specimen23 on October 27, 2017, 10:02:27 AM
A lot of the ICO's really dont have anything new to offer.This is because most of them are actually scam, and would end up becoming a pump and dump kinda stuff. I tell anybody that wants to invest in any ICO to do their due diligence, and ensure that there is actually the coin would actually solve a real life problem with its technology.


Title: Re: ICOs = More of the same
Post by: Latrix on October 27, 2017, 10:45:19 AM
Indeed there are many similar ICOs out there right now, differentiating which is genuine is pretty tough now.


Title: Re: ICOs = More of the same
Post by: adam1230 on October 27, 2017, 11:01:16 AM
In the real business world there are also same business companies everywhere. Did you ever get this as a problem?
So why not there will be 100x exchanges trade sites or energy companies in the cyrpto world?


Title: Re: ICOs = More of the same
Post by: Bit_Happy on October 29, 2017, 06:09:08 AM

Yes, most icos have become to be the same, and it's quite sad to seen it this way.



Every ICO does seem the same, I've been looking for an ICO with a completely original idea for a while now. Nothing seems to be popping up.




https://i.imgur.com/siy6SPw.jpg




Every ICO does seem the same, I've been looking for an ICO with a completely original idea for a while now. Nothing seems to be popping up.










~~~~~~~~~
A completely original idea
Here It Is, and Who Will Show Signs Of Understanding?
~~~~~~~~~

```````````
Something really New
```````````
# Seeking people who try to understand and/or ask questions to help make this more clear.
`````````
~~~~~~~~~~~~~~~~~~~
ETH Bubble Game / Early Seed Angel Mania  (numbers a bit extreme)
Early Angel Numbers Are "Extreme" (?), how much do they typically make?


For Every (for example) Early $100 From "Angel/Whales"                      
      pre-seed   1st       2nd       ICO
$100 |  $300  |  $900  |  $2700  |  $9000  (Based on discounts, re-investing, "private deals", etc) // then...Dump crap tokens and start over!  |

`````````````````````````````



`````````````````````````````
Introducing Time-Frames: Short/Medium/Long-Term

         2018      2020      2024     2027/2028

$100 |  $300  |  $900  |  $2700  |  $9000  |
 

Numbers look the same, but you have more time to build real companies, not copycats.

``````````````````````````````








https://i.pinimg.com/originals/bd/a0/0b/bda00bafc5f44a12d7f4ff99a10144e4.jpg






``````````````````````````````
Now Show Building With The Community
>>> Fresh, New-wave Companies built (with help from) the Best and Brightest of this community.    

// Science Fiction Fans >> We have a special school for you.

:Play W/ Time +
:: Building With The Community
:::Borrowing from your long-term trust(!)

        2018     2020     2024      2027

// Note: ICO Credits were once a brand new idea, it took "one big Payday" for everyone to start treating then like real money. This is a NEW, improved type of Magic Money. Created for "students" (and HappySocks!) who want a better Future.

1) >> (Some time/effort required) Receive (for example) $200K Long-Term ICO Credits related to 2027/2028 'goals'.

2) "Invest" $1,000 (or more) Long-Term ICO Credits ("Today") by ""borrowing from your long-term trust(!)  // Did anyone ever hear of the idea of building long-term relationships with other people?
`````
2018/2019 +$800 (or much more in short-term profits)  / Reinvest at least $300 "Back Into the Future"  
`````
2020/2021 +$2,000  / Reinvest at least $700 "Back Into the Future"  // 2027/2028 Trust Fund is Paid Back
(Current profit ~$1,800 or much more )
`````
2024 +$3,400 or more <snip>

Make steady to Huge returns within 10 years starting with zero money and investing a bit of time in new wave companies built (with help from) the Best and Brightest of this community.    
The "gross cycle" of greed is slowly broken, since we offer something much better.

Comments?


`````
ps. Can anyone make an info-graphic based on these ideas?
#No_Competition


Title: Re: ICOs = More of the same
Post by: hello_good_sir on October 29, 2017, 06:14:11 AM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

Exactly. Most ICOs out there are quite repetitive now.

I feel like that smart contract platforms will always generate a lot of hype and people will always say is this the next ETH, even though it achieves no purpose. Some other projects that actually have good ideas don't get any recognition.

And seems like more and more businesses are doing ICOs and tokenizing their business, e.g. cryptopay, binance, other exchanges and bunch of casinos


Title: Re: ICOs = More of the same
Post by: dirgayeah on October 29, 2017, 06:45:25 AM
Its not only on ICO. But this happenned in coventional bussiness too. So many product appear in the market. But nothing new or special anymore on the product. The principal thing of bussiness right now are:
1. Analyze
2. Copying
3. Modification
So right now the ICO just look like same but with a little bit inovation. I Hope in future the company must prefer to the new inovation not for profit only.


Title: Re: ICOs = More of the same
Post by: Indrawan77 on October 29, 2017, 07:01:11 AM
The coin developers has run out of idea and that was the best selling point of the ICO, so they keep on offering the same things over and over again, a lot of the coin is just looking fpr the profit they dont mean to fix anything or making the coin for better usage and in the future you will still keep on finding this thing over and over again, that is why there are so many alt coins with low values


Title: Re: ICOs = More of the same
Post by: Acguy on October 29, 2017, 07:13:16 AM
Seems like air drops are the new "ICOs".
Works way better too cause you don't have to beg for money just premine and distribute the rest to profit


Title: Re: ICOs = More of the same
Post by: Dr0idGuru on October 29, 2017, 07:19:38 AM
Well, when you have a new technology, you have two kind of projects: the ones that implement new models with the new technology, and the ones than improve current businesses.
Both of them contribute in a different way and can add value.
Uber, Facebook, Airbnb, are new models that the Web technology enabled.
Electric cars are still cars but they will change the way people move around (to get an example  outside crypto space).
Ryan and Olaf from polychain describe well this difference in the Third Web podcast.


Title: Re: ICOs = More of the same
Post by: miyaka26 on October 29, 2017, 07:37:54 AM
Most of the ICO's are obvious that they are running out of ideas to think on how to catch the attention of the bitcoin enthusiast and newbies to crypto to invest to their project and gain some tokens. Some of them are contest, Milk, Sports, Gambling and many more which is hard to determine if they just want your contributions or they are legit and authentic that is hard to find now a days.


Title: Re: ICOs = More of the same
Post by: Dr0idGuru on October 29, 2017, 10:47:56 PM
Most of the ICO's are obvious that they are running out of ideas to think on how to catch the attention of the bitcoin enthusiast and newbies to crypto to invest to their project and gain some tokens.
Fully agree. It seems that every technology or platform has tokens now. Even when it doesn't any sense.


Title: Re: ICOs = More of the same
Post by: foxbat on October 29, 2017, 10:50:32 PM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

A number of similar projects are under development, and they compete fiercely. We can say that this is the time when the ICO exploded, however, they exploded in a narrow space with old ideas. That is why they do not grow as strongly as intended.


Title: Re: ICOs = More of the same
Post by: BTCMILLIONAIRE on October 29, 2017, 10:53:05 PM
People usually just try to lazily coppy what has already worked before, so it's no surprise that we see mostly the same types of ICOs popping up over and over again.

There are a few more types of unique ICOs around though... like the SONM/Golem/XEL or the one in my signature.

There was also some machine learning fund that seemed to be doing quite well.


Title: Re: ICOs = SCAM
Post by: Spoetnik on October 29, 2017, 11:13:38 PM
I fired up a Pentium II 333 mhz computer mined a few blocks then kept millions of coins for myself and my "company".
Now i will sell them all to you.. want to haz buyings ?
Ahh but you ask oh but Spoetniks what is teh gimmicks ?
I dunno.. fuck you pay me.. GO REDSKINS!

https://vignette.wikia.nocookie.net/southpark/images/8/83/GoFundYourself-00018.png/revision/latest?cb=20140925163534

@BTCMILLIONAIRE
What "signature" ? I don't see one.. i use staff's SIG campaign blocking browser addon  ;D  8)


Title: Re: ICOs = SCAM
Post by: BTCMILLIONAIRE on October 29, 2017, 11:14:44 PM
I fired up a Pentium II 33 mhz computer mined a few blocks then kept millions of coins for myself and my "company".
Now i will sell them all to you.. want to haz buyings ?
Ahh but you ask oh but Spoetniks what is teh gimmicks ?
I dunno.. fuck you pay me.. GO REDSKINS!

https://vignette.wikia.nocookie.net/southpark/images/8/83/GoFundYourself-00018.png/revision/latest?cb=20140925163534
You make me wet. How much do you want for your Pentium II coins? And where?


Title: Re: ICOs = SCAM
Post by: Spoetnik on October 29, 2017, 11:23:49 PM
I fired up a Pentium II 33 mhz computer mined a few blocks then kept millions of coins for myself and my "company".
Now i will sell them all to you.. want to haz buyings ?
Ahh but you ask oh but Spoetniks what is teh gimmicks ?
I dunno.. fuck you pay me.. GO REDSKINS!

https://vignette.wikia.nocookie.net/southpark/images/8/83/GoFundYourself-00018.png/revision/latest?cb=20140925163534
You make me wet. How much do you want for your Pentium II coins? And where?

Ask your Mom for more Altcoin money.. tell her you need $50 for Redskins "startup" coinz.

Hey when did Microsofts add teh crypto supports to windows ?
I see the service called "Cryptographic Services"
I guess that was when 8 million scammy shills flogging ETH said "Microsoft is using Ethereum".


Title: Re: ICOs = More of the same
Post by: Crumple Cat on October 29, 2017, 11:28:51 PM
It seems that when you research the ANN section you swarm in a pile of shit.
People, stop supporting the bounty of shit, stop investing in shit :o


Title: Re: ICOs = SCAM
Post by: BTCMILLIONAIRE on October 29, 2017, 11:33:43 PM
I fired up a Pentium II 33 mhz computer mined a few blocks then kept millions of coins for myself and my "company".
Now i will sell them all to you.. want to haz buyings ?
Ahh but you ask oh but Spoetniks what is teh gimmicks ?
I dunno.. fuck you pay me.. GO REDSKINS!

https://vignette.wikia.nocookie.net/southpark/images/8/83/GoFundYourself-00018.png/revision/latest?cb=20140925163534
You make me wet. How much do you want for your Pentium II coins? And where?

Ask your Mom for more Altcoin money.. tell her you need $50 for Redskins "startup" coinz.

Hey when did Microsofts add teh crypto supports to windows ?
I see the service called "Cryptographic Services"
I guess that was when 8 million scammy shills flogging ETH said "Microsoft is using Ethereum".
I'll ask my mom the next time I go visit her. Unfortunately it's quite far away so I don't get to see her very often.

P.S. I agree that most people on here are brainless shilling clowns who don't even know what they are shilling. But you're not all that much better by just generalizing every single altcoin that used an ICO as a fundraiser, despite your intermediate grasp of the English language.

It seems that when you research the ANN section you swarm in a pile of shit.
People, stop supporting the bounty of shit, stop investing in shit :o
Said the guy participating in a signature bounty campaign. Are you even cereal?


Title: Re: ICOs = More of the same
Post by: Spoetnik on October 30, 2017, 06:38:19 AM
Buddy you are playing dumb.
ICO's are scammy by design.. it's because of HOW THEY WORK.

It's the equivalent of saying some pyramid schemes are legit.. because i made money off them.

Context much ?
No ICO will ever accomplish anything than a price spike on a govt compliant exchange.
Why ?
Ask a professional..
Ask them what they think of the WAY THEY WORK.

Crypto *IS* ideology.
ICO's rape it and leave it for dead.

A digital currency is not suppose to be a 100% premined startup company centralized by shady unregulated little assholes making 100's of "coins"

The ICO is a thousand steps in reverse and pisses all over the ideology in a variety of ways.
They are for example 100% centralized.
We are suppose to be decentralized.

Are you guys scammy or retarded or what ?

..i think both.  ::)

Need more ?
I could write a fucking book on it ;)

Never mind my "FUD" though.. you can't believe anything i say because i have a negative rating on a scam site.



Crypto Joke Time with Spoetnik:

Quote
What used to be called a scam ?
A 2% premine on a "coin".

Now ?
100% premine (an ICO) is legit  :D


Title: Re: ICOs = More of the same
Post by: BTCMILLIONAIRE on October 30, 2017, 01:49:01 PM
Not every ICO is a premined "currency".

There are ICOs for which the tokens are indeed just a representation of equity (albeit not by legal standards) that will allow participation in profits.

This concept has absolutely nothing to do with cryptocurrencies in the traditional sense and if you think that this is the only instance of ICOs you're not up to date.

As far as government compliance goes, who gives a fucking shit? Governments aren't exactly interested in citizens anyways, so there's no reason for me to care about governments.

And what type of professionals are you referring to? Because even Lufthansa is officially backing an ICO these days. Just because the law isn't up to date doesn't mean that ICOs can't be legitimate. The use cases have always preceded laws, with regulations following as markets mature.

Are most ICOs outright scams? Obviously, yes. Are most of the remaining ICOs with genuine founders led by completely fucking clueless kids with no ability to actually see their promises through? Sure.

But that's no different from the traditional start-up scene. I don't see you running around telling start-ups to stop starting up and collecting funds because they'll just use the money to live their life freely for a few years before closing down without ever creating a return for their investors.


P.S. I don't give a shit about your trust. Trust on this forum is an even bigger joke than the countless activity farming clowns who either keep spreading nonsense that is not only wrong but that they also clearly do not understand or otherwise deliberately lie in hopes of making a quick buck.


Title: Re: ICOs = More of the same
Post by: Jenna_G on October 30, 2017, 03:07:37 PM
What about smart contracts area? I think it is the most promising projects
Please read this - https://www.coinspeaker.com/2017/10/25/top-4-best-ico-platforms-managing-smart-contracts


Title: Re: ICOs = More of the same
Post by: Spoetnik on October 30, 2017, 03:54:13 PM
Bullshit.. ICO's are premined.
Even if they tack on mining AFTER THE FACT ..like ETH's dev did.

ICO = Centralization.

That is in no way an improvement over Bitcoin.. hence why each and every single one of them is doomed.
Since price spikes on govt controlled exchanges is all you care about you all line up to defend bad shit.
The entire rest of the world does not feel that way.
You are preaching to the inner crypto greedy profiteer idiot circle jerk choir.

I really couldn't count how many thousands of times i have explained it all to you kidiots in great length.
Over and over and over and over like a broken record.
Point after point after point.. a huuuuuuuuge massive list of reasons.
WHY ICO's are bad.. yes *ALL* of them.. not some of them  ::)

And here i am doing it again to yet another douche with an ICO SIG campaign signature here  ::)
Keep up your little circle jerk here see if i care.. it won't get you anywhere though.
You can choose to ignore the glass ceiling but trust me, it's still there.


Title: Re: ICOs = SCAM
Post by: Crumple Cat on October 30, 2017, 04:40:10 PM
I fired up a Pentium II 33 mhz computer mined a few blocks then kept millions of coins for myself and my "company".
Now i will sell them all to you.. want to haz buyings ?
Ahh but you ask oh but Spoetniks what is teh gimmicks ?
I dunno.. fuck you pay me.. GO REDSKINS!

https://vignette.wikia.nocookie.net/southpark/images/8/83/GoFundYourself-00018.png/revision/latest?cb=20140925163534
You make me wet. How much do you want for your Pentium II coins? And where?

Ask your Mom for more Altcoin money.. tell her you need $50 for Redskins "startup" coinz.

Hey when did Microsofts add teh crypto supports to windows ?
I see the service called "Cryptographic Services"
I guess that was when 8 million scammy shills flogging ETH said "Microsoft is using Ethereum".
I'll ask my mom the next time I go visit her. Unfortunately it's quite far away so I don't get to see her very often.

P.S. I agree that most people on here are brainless shilling clowns who don't even know what they are shilling. But you're not all that much better by just generalizing every single altcoin that used an ICO as a fundraiser, despite your intermediate grasp of the English language.

It seems that when you research the ANN section you swarm in a pile of shit.
People, stop supporting the bounty of shit, stop investing in shit :o
Said the guy participating in a signature bounty campaign. Are you even cereal?

Quote
Said the guy participating in a signature bounty campaign. Are you even cereal?

My friend, I didn't say that all the bounty campaigns are shit. I said that stop to participate in shitty campaigns and investing in shitty ICO. The one I participate in is a crypto portfolio competition. They don't hold the ICO and don't require any money to participate in the competition.

I very carefully choose the bounty of projects that hold the ICOs. As a rule, I participate in 5-7 projects at the same time, no more. Basically, these are projects that are already working successfully. Such as Crowdholding, GUTS, Dether, E-Chat, others. Participating in scam projects we contribute to scammers.


Title: Re: ICOs = More of the same
Post by: abcd7 on October 30, 2017, 05:21:00 PM
i can not understand why some people says again and again that ICO is s**t for investment etc i have make my research and i was the one of being responsible for my invest and really because i am one of them that i make a lot of research i double my money lot of times and only ones i lost from my profit causing from ICO. Be the one that you will do the correct research and not the one that you are listener only. . . . most of them is the same yes but in the exception you make the profit.


Title: Re: ICOs = More of the same
Post by: BTCMILLIONAIRE on October 30, 2017, 06:00:05 PM
Bullshit.. ICO's are premined.
Even if they tack on mining AFTER THE FACT ..like ETH's dev did.

ICO = Centralization.

That is in no way an improvement over Bitcoin.. hence why each and every single one of them is doomed.
Since price spikes on govt controlled exchanges is all you care about you all line up to defend bad shit.
The entire rest of the world does not feel that way.
You are preaching to the inner crypto greedy profiteer idiot circle jerk choir.

I really couldn't count how many thousands of times i have explained it all to you kidiots in great length.
Over and over and over and over like a broken record.
Point after point after point.. a huuuuuuuuge massive list of reasons.
WHY ICO's are bad.. yes *ALL* of them.. not some of them  ::)

And here i am doing it again to yet another douche with an ICO SIG campaign signature here  ::)
Keep up your little circle jerk here see if i care.. it won't get you anywhere though.
You can choose to ignore the glass ceiling but trust me, it's still there.
You don't have to decentralize the whole damn world. I don't want to decentralize authority over my family. I don't want to decentralize the decision making process of what I'm going to eat for the rest of my life. I don't want to decentralize my financial decisions.

And I sure as hell don't want to decentralize the authority over my own company (as is the case with IPO listed ones).

Just look at what is happening in the fucking US. A bunch of deluded SJWs taking charge of companies because some shitheads are too worried about their stocks tanking if they speak up to bullshit. It's ridiculous. Some things are better off decentralized, but that's definitely not true for everything.

And you're not particularly bright if you think that there's a cookie cutter solution to every problem, even if it's called decentralization.


Title: Re: ICOs = More of the same
Post by: swaptaker on October 30, 2017, 06:10:37 PM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

People actually can't make interesting ideas. All they want it to receive some funds to make their life much easier.

Your point is important for allt the community. There are only a few interesting/different projects on the ecosystem.


Title: Re: ICOs = More of the same
Post by: yura_878 on October 30, 2017, 06:16:37 PM
Well, what kind of difference do you have to take part in? Why are you writing this, the best of you is when there are more projects and it is desirable that they were the best


Title: Re: ICOs = More of the same
Post by: blueteam09 on October 30, 2017, 06:21:24 PM
I see now many ICO sectors are competing now it has become a trend then, medical sports .. also have a few ico but also quite ico quality for the field of banking. But too many ico will now make investors wonder and difficult to choose and also the ico scam will be crowned  >:( >:(


Title: Re: ICOs = More of the same
Post by: pearlmen on October 30, 2017, 06:26:11 PM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

It might actually be frustrating to see the same thing all over the place I personally don't see anything wrong in bringing out similar projects because the space can take care of everyone but the misrepresentation is what pisses me off about being the first this or that despite the fact that there have been several projects with the same objective and the likes and this is the reason why some people will agree that all ICOs are not offering anything new but the issue is the community is always on the lookout for grewt projects.


Title: Re: ICOs = More of the same
Post by: frowsiter on October 30, 2017, 06:28:02 PM
If you ask me then honestly everyone here is having different perspective about the ICO depending upon their experience with the different projects. I mean for me I have myself earned more than thousand dollars just by investing into presale phases and selling those coins in the exchanger period. Where I was looted! No where. I profited always, at least few dollars plus minus than expected but I was good with them.

Ye there are scammers too but those can be identified very very easily in first place. Their ways of approaching, marketing and putting the project ideas up front everything can be seen and then we can make the right decision.


Title: Re: ICOs = More of the same
Post by: CryptoBankr on October 30, 2017, 06:46:40 PM
95% of them are crap
4% are ok
1% of them have serious potential (and only half of those are likely to work long term)

If you do the homework -  you can definitely find a gem or two each month.


Title: Re: ICOs = More of the same
Post by: Spoetnik on October 31, 2017, 02:00:34 AM
None have serious potential.
All of them are scammy by design.
All of them are premined or you would have no coins to ICO in the first place.

These are not startups and these are not companies and you are not investors and none of this shit is decentralized.

You are all frauds.
No one with a shred of integrity or credibility is or ever will be involved in this crap.
And it's doubtful this will change because you all have lowered the bar and made this a laughing stock.
How ?

Buy pushing 10k ICO's then blaming the other guy next to you for doing it.. then saying *some*.
And that "some" would be the bags YOU are holding of course.

You are scammy corrupt losers.
Your opinions are fucking dog shit.

Anyone that would support Ethereum for example deserve a fucking punch in the head.
It was a rigged at launch scammy premined heavily manipulated gimmick "coin" fuel token app's platform.
Masqueraded as a so called "smart contracts" system.
Notice the 2 keywords i just said rigged and manipulated ?
Those 2 things are aspects you all continually 100% ignore in crypto.
You simply sit there and pretend that is ok behavior.
Wrong.
You are fucking dead wrong and all of humanity is who is not a scammy ass shitcoin profiteer on earth will agree with me.
Hence the fact there is no future for *ANY* ICO shitcoin.. ever.. or..... anyone with class involved in Altcoins *now.
Your glass ceiling is price spikes on Poloniex for Bitcoin ROI's. (Bitcoin = a fairly launched real currency)

The funny thing is you all jiggle your investard dick-holsters about which ICO is "good" or has potential.. or...
Is ALREADY successful.
You cite ETHEREUM as your grand example.

I LOL  :D

ETH has done fuck all but had a price spike.
Period.
That is it.

It has accomplished sweet fuck all and it never will either.
And that my kidiot noob investard immoral crypto-brats is your mighty metric for success.
Ohhh derpty fuckin' derp my coin iz likes so Innovatives bruh.. is gun a take over the worldz !!!11ONE
So buy my bags and join the SIG campaign  :D

I will post this again and again because you idiots need to be told the truth.
And of course you will line up to defend this crap and fire off the cliche'd *some* retort.
How else can you profit from shitcoins ?

I am right and you all can not deny it.
Why ? Because every single one of you in the Altcoin scene prove it when you open your mouth.
It's nothing but bending morality with scheme "tokens" for BITCOIN ROI's.
So you can check your "portfolio" profit balances.
In other words all of your comments AND actions betray you.
Not one of you supports crypto.. and that goes for every service out there too.
Everyone performs actions simply to pad their wallets.. not what is right or healthy for crypto.

99% of you here will never ever get a shred of respect from me.
I am not amused you fucked up crypto and warped it into a scammy joke.
I wish you'd leave *sooner.
And you will.. i know what all of you will do and say far before you do.
Google search Spoetnik says "I told you so" and you will find a few hits ;)

The reality here is you have NO defense.
All you can say is.. "one day"
Because no Altcoin has done a damn thing.
So you have no defense.. because there is nothing to defend  :D

..oh but you will try ...how else will you get Bitcoin profits ?  ::)



Disclaimer:

I support fairly launched digital currencies.
Notice i did not say "crypto" ?
Cryptography has nothing to do with it.. nor "black-chains"
Feel free to make a new system guys (instead of ICO'ing a BTC clone + gimmick)

ICO = Scam .


Title: Re: ICOs = More of the same
Post by: BTCMILLIONAIRE on October 31, 2017, 10:11:18 PM

These are not startups and these are not companies and you are not investors and none of this shit is decentralized.

Alright. This line just proved beyond a shadow of doubt that you don't even bother reading responses and that you're just looking for an excuse to unload your walls of text.

Too bad, I thought you were going to be interesting to argue with at least, but I guess I was wrong.


Title: Re: ICOs = More of the same
Post by: sillypothead on October 31, 2017, 10:27:07 PM
Let me try to convince you that there is a hope, there are projects with genuine need for a token and decentralization


My Pet Favorite on is this one https://iungo.network (https://iungo.network)
  • Idea - global decentralized WiFi network deliver ubiquitous Internet access, easy to use, secure and reliable
  • Team - experienced entrepreneurs, real people, LinkedIn executive on board
  • Whitepaper - yes, detailed and to the point
  • MVP - yes, Version 2 in November
  • Funding status - small presale round now



Title: Re: ICOs = More of the same
Post by: KaranRaut on October 31, 2017, 10:33:54 PM
The ann forum and bounty forum are absolutely nuts.  I've been looking up a bounty program to join soon and kept running accross the same uninspired projects over and over again.  I noticed there were 5 types of projects that kept popping up:

-decentralized banking
-decentralized exchanges
-tokenized gaming
-healthcare on the blockchain
-social media/social communities

well, there were more, but each project proclaimed stuff like "The world's first blah blah blah" and in each thread there would be like 10 posts immediately after the OP saying random shit like, "This looks promising!" or "Great idea! Great team!" and of course a bunch of people reserving translations.

I actually get excited when a weird one pops up.  Like doing an ico to fund a utopian community based on renewable energy out in the middle of siberia. That shit is lit.

And it looks like you've got one of those Health care ones for your signature.. I've got myself a Decentralized Investment fund ...
I came across an interesting project called Cindicator ... KIN was fundamentally different as well but its currently getting dumped like its got no future..
What's your favorite project yet?


Title: Re: ICOs = More of the same
Post by: elite2291 on October 31, 2017, 11:08:27 PM
I believe cybermiles has one. But you'll have to find it.


Title: Re: ICOs = More of the same
Post by: ismart1 on November 01, 2017, 12:53:13 AM
There is one thing that we are dealing with here - marketing share.  In USA alone there are a few major banks and thousands of local banks and nobody complains about the originality of the bank, they are rendering the same benefit but each one is reaching out to a share of the population. The crypto world is still small and growing by the day and right now most the projects need evangelizers to reach more people and not only trying to get the same public, but soon that will change and majorly because there are so many different ICOs happening and bringing different business to the blockchain.


Title: Re: ICOs = More of the same
Post by: Casdinyard on November 01, 2017, 01:58:52 AM
ICO before is I think and somehow can be trusted but today I doubted every ICO that's launching.
It's getting more riskier as days passes as well as the scammers are like popping around trying to fool and deceive more people and squeezing money from cryptos. It's more appropriate now not to invest and not get involved in ICO, if we want to invest just try to look some or just do trading or HODL some coins, at least in here we're more responsible in our money like no one can blame for our losses but ourselves.


Title: Re: ICOs = More of the same
Post by: TimtheYoutuber on November 01, 2017, 02:04:18 AM
We need better standards so that we are able to find the better projects. I created a thread on that here : https://bitcointalk.org/index.php?topic=2333049.0


Title: Re: ICOs = More of the same
Post by: Eash on November 01, 2017, 02:06:30 AM
many of these ICO do not have innovative thoughts...

How about this one? decentralized selfloan project, The Loan interest rate will be fixed at 1%. Unlimited repayment time. Anonymous to loan. People can run away with their loan without worried to be caught...i doubt many company are daring to do this....https://bitcointalk.org/index.php?topic=2339270.0 you can see details here..