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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: tryer12 on November 01, 2017, 09:36:21 AM



Title: New ICOs everywhere, What's your take on them?
Post by: tryer12 on November 01, 2017, 09:36:21 AM
Hello,
Edited my message

What makes you support an ICO ?
Thanks.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: avikz on November 01, 2017, 09:54:59 AM
Most of the ICOs are not profitable to anyone. While I say most of them are not good, but still there are few ICOs which are linked to a real life business. When a new company decides to list in to a stock market, they offer their shares through IPO which is Initial public offering. But in real life stock market, we have regulators who ensure that the company is already an established one and they have registered profits since last three years (in my country). But the ICO is a method through which a company raises funds for their upcoming ventures. So they want to raise fund for a business which is yet to come and doesn't exist now. So the risk is very high.

China has already banned ICO and Canada government has already started cracking them down. Which looks like a proper step to me. If it can't be regulated now, it will become a ponzi market and people will start loosing big amounts of money. Invest in ICO but make sure they have a legal business to back them up.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Zorbak on November 01, 2017, 09:58:36 AM
Nowadays ICO explose, most of them are fake just to make fast money, some have really great ideas but they will not success, but just a few can be a great investment, its very difficult to choose the right one but some can be very profitable/have a great future


Title: Re: New ICOs everywhere, What's your take on them?
Post by: katinko on November 01, 2017, 10:03:59 AM
I believed that there are still profitable icos coming soon and we can get more free token from their pre sale. I experience to participate in icos and i can say that i get more profit on it or i am too lucky that i engage in good ico with a successful project. But remember the first rule in investment just invest the amount that you can afford to lose.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: bitorama on November 01, 2017, 10:07:31 AM
new ICOs everywhere, new scams everywhere, it's more and more difficult to find a good one


Title: Re: New ICOs everywhere, What's your take on them?
Post by: tryer12 on November 01, 2017, 10:13:02 AM
Isn't there any action people can take againts these ICOs who doesn't fulfill what they promise , Or don't even provide you with the tokens? Seems to me they are just promise promise promise and then they just get a token with no features out that they probably made in few days and give it to you, is it correct in some cases?


Title: Re: New ICOs everywhere, What's your take on them?
Post by: arnbrd on November 01, 2017, 10:18:38 AM
ICOs are the next step in the financing world. For those who choose the good ones, it is very profitable. I made some nice money on Waves for example.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: talkbitcoin on November 01, 2017, 10:20:28 AM
there is an easy way open for those who know how, to scam people. so they will use it as much as they can and as long as they can. so lots of them will be created, exploiting this "opportunity".
as long as people are paying them money they will keep on creating the crap and sell it to them and make money from their idiocy.

it is like the premined coins which were pretty common not so long ago. the dev premines the coin saying we need the funds to develop and in a short while after they liquidate those funds, the development stops.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Nomad88 on November 01, 2017, 10:25:25 AM
Isn't there any action people can take againts these ICOs who doesn't fulfill what they promise , Or don't even provide you with the tokens? Seems to me they are just promise promise promise and then they just get a token with no features out that they probably made in few days and give it to you, is it correct in some cases?

This technology is still on early stage. This is why there are so much scammers popping up everyday and selling other people empty promises and hopes. This is very bad for the reputation of the concurrency world. I am sure it will get better by time. There will be some ways to prevent people losing money on some level. Also, people are getting smarter as well. Usually newbies who are too lazy to make a few google search or read here, are getting scammed.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: wndrbr3d on November 01, 2017, 10:26:36 AM
Be aware and careful. There are a lot of scams. Before invest - read WP, look at the team (if there are anons only - it`s bad signal) and what they already did.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: pat4cryptoreal on November 01, 2017, 11:12:22 AM
The  major reason we have  most of the ICO is for the purpose of crowdfunding. It is not only a way of bringing new coin but a way of funding an idea.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: grermezter on November 01, 2017, 11:15:42 AM
Most of the ICOs are not profitable to anyone. While I say most of them are not good, but still there are few ICOs which are linked to a real life business. When a new company decides to list in to a stock market, they offer their shares through IPO which is Initial public offering. But in real life stock market, we have regulators who ensure that the company is already an established one and they have registered profits since last three years (in my country). But the ICO is a method through which a company raises funds for their upcoming ventures. So they want to raise fund for a business which is yet to come and doesn't exist now. So the risk is very high.

China has already banned ICO and Canada government has already started cracking them down. Which looks like a proper step to me. If it can't be regulated now, it will become a ponzi market and people will start loosing big amounts of money. Invest in ICO but make sure they have a legal business to back them up.
I actually agree, everyone seems to be peddling a new coin every month and then they seek people to invest into them but actually they are scammers and the new way to rip people is launching ICO'S and ripping people who invests into them. One should diligently research and ask team necessary questions before investing into any ICO.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: BingoDog on November 01, 2017, 11:30:27 AM
Explosion of appearing ICOs because they see this is the easy way to attract people and take money from them. Some are good but I would say very few of them and the rest are just scam so there is need to be very careful and check all the information. It's similar situation when cloud mining was very popular and everyone wanted to be part of that but many lost their money. So be careful with ICOs and don't fall for empty promises.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: bitalive on November 01, 2017, 11:32:03 AM
I always spend a little time before I trust any of them because there are some SCAM ICOs. Right now studying Ankorus - seems legit.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: UCHCHILD on November 01, 2017, 11:39:17 AM
I am really disappointed with those pump and dump ICOs out there, who looks for investors and later on they will gonna turn to scam, which lead people to think that crypto is full of scammers, its good reputation turns to negativity, which is so bad, it affects all and entire image


Title: Re: New ICOs everywhere, What's your take on them?
Post by: amacar2 on November 01, 2017, 11:40:38 AM
I will say 70% ICO are just there to scam people and even few with good team and registered company are scamming investors in complicated way. Take an example of Monaco (MCO) they have raised millions, advertised token using ICO funds, created Hype about their token which will be mandatory for anyone who want to buy card from them, these all boosted price of monaco to over 20x within few months.

But now they have removed that mandatory requirement to have MCO to order cards in the name of legal obligations, this is also one form of scamming investors. So ICO are only best for quick profit, for long term holding top performing alts with high marketcap and strong community behind are the only best option.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: kenkoy on November 01, 2017, 12:10:26 PM
Its a trend now. Initial coin offering,  crowdsale,  some are legit.  Legit when their whitepaper is good,  the theam behind the product is searchable and with good track records. Usually,  a good ico is when the team behind it is already investing money on it. The purpose and functions are precise and relevant. Sadly,  there are still ICOs released today who are scam and using ponzi schemes to attract investors.

I think the government should focus their effort on filtering this scam ICO as this is making bad impact on cryptocurrency in general.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Indrawan77 on November 01, 2017, 12:26:10 PM
No, I dont really support ICO because most of the ICO is only going to give advantage for the coin developers not the users, and most of the ICO is scamming people or going to be dumped by the developer as soon as they got money, ICO had given a bad reputation for an alt coins due to the so many scammed attempts


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Nisharawal on November 01, 2017, 01:03:24 PM
Yes i agree with you to some extent, there are many number of ICO's release everyday and it is very difficult to find the best out of them. Every sector and every industry are trying to make their own coin, but i dont think there should be a coin for each industry and job sector. Actually for trader's and investor point of view the coin must have good value supporting them and also it should meet the good technology barrier supporting that coin, which is lacked in most of the ICO's and that's why i don't like to invest in them unless there is rock solid value supporting them.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Aba on November 01, 2017, 04:33:13 PM
I chose ICO based on the ideas and concepts of the ico, which are will  determine the success of an ICO.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: buwaytress on November 01, 2017, 04:44:03 PM
Most of the ICOs are not profitable to anyone. While I say most of them are not good, but still there are few ICOs which are linked to a real life business. When a new company decides to list in to a stock market, they offer their shares through IPO which is Initial public offering. But in real life stock market, we have regulators who ensure that the company is already an established one and they have registered profits since last three years (in my country). But the ICO is a method through which a company raises funds for their upcoming ventures. So they want to raise fund for a business which is yet to come and doesn't exist now. So the risk is very high.

China has already banned ICO and Canada government has already started cracking them down. Which looks like a proper step to me. If it can't be regulated now, it will become a ponzi market and people will start loosing big amounts of money. Invest in ICO but make sure they have a legal business to back them up.

I was just discussing with a couple of parters actually touching on something you said.

I'm not a big ICO chaser. This year, I participated in exactly three, and all modest sums below USD 1,000, basically a small pool between myself and two friends who can't be bothered to get into crypto. At this very moment, none of them are profitable! Other than an actual interest in the tech/product, I spent considerable time and effort to conduct some research and invest only in those we felt were long-term buys, with solid developers on the team, etc etc.

It seems even the best-researched decisions are prone to failures.

For our next possible venture, and perhaps for the foreseeable future, we have actually thought along the lines of ICOs that are more like IPOs. Similar to our second ICO, we want something with a real world business that simply wants funding to expand. So not necessarily blockchain innovation or decentralised solution. Simply a business with a tokenised model for expansion.

At least we'd have a product with a track record to look at!


Title: Re: New ICOs everywhere, What's your take on them?
Post by: SureLockLoans on November 01, 2017, 04:45:11 PM
A lot of them are literally the same trying to make some money and copy and pasting code and ideas. There are some gems among some of them though.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: bbs98 on November 01, 2017, 04:46:31 PM
Good idea now with a lot of ICO and we all can follow it but actually we also have to be careful with the many scams that call ICO project, we have to see which team is involved in it.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: fulmetal08larz on November 01, 2017, 05:00:09 PM
In my opinion, these new ICOs will help us in the future to diversify our funds. There are those ICOs which invest on real properties, commodities, real-life investments, etc. to minimize the risks involved in cryptocurrency world. My take is to be careful and research about the ICOs you will be contributing to – know the team involved. There are lots of ICOs out there that are taking funds from the crowd and disappear without a trace.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Olalomi on November 01, 2017, 05:05:53 PM
There are so many ICOs such that I cannot single out the profitable ones, I agreed with the opinion of some  that it is better to regulate these ICOs because it could lead to investors losing money.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: bitvalak on November 01, 2017, 05:54:41 PM
Hello,
Edited my message

What makes you support an ICO ?
Thanks.
ICO is an easy way to support a new altcoin project. This can be a good advantage if we can be selective in supporting ICO. Not all ICOs should participate. The reason I joined ICO is very simple, the benefits are huge.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: sky24 on November 15, 2017, 09:48:48 AM
I have always been a big believer in ICOs. I am always looking at upcoming ICOs and ongoing ICOS. Right now my favorite is Propthereum.io. They are an asset backed cryptocurrency on the blockchain expecting a 1566% coin appreciation in a short period of time. Proceeds raised from their ICO will be used to purchase A-grade property worldwide. This will generate a rental income and underlying value for the PTC token holder. The great thing about this concept is that the coin will always increase in value.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Sewarlock on November 15, 2017, 03:10:27 PM
It's basically the idea that attracts me towards investing in an ICO, if I read something that leaves an impression on me, and I have that moment.. that "tick" going in my head, and say to myself "wow".. then that's a project and ICO that I would support. Something has to click in you to be attracted to something, whether that's another human being or an idea. I think ICO's offers everyone the chance to express these ideas and gives everyone else the chance to evaluate them, which can be evaluated rather easily (by seeing how much money the project got funded with). I hope this thing will multiple but hopefully as well we'll see it a bit more regulated. I mean, ICO's are great but there is no organization, everyone does whatever and developers don't always have the best interest of their investors.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: inyakizuryel on November 20, 2017, 04:02:15 AM
The icos are attracting many bitcoiners and the bitcoiners decide which of the ico seems to be successful. I prefer ico because of my situation as a student. But what is surprising is that i will be rewarded for my efforts and that is the most important thing in joining ico


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Faruque312 on November 20, 2017, 06:20:36 AM
I believed that there are still profitable icos coming soon and we can get more free token from their pre sale. I experience to participate in icos and i can say that i get more profit on it or i am too lucky that i engage in good ico with a successful project. But remember the first rule in investment just invest the amount that you can afford to lose.

I also agree with you, which ico is best for this time?? Have any idea?? Please share


Title: Re: New ICOs everywhere, What's your take on them?
Post by: kaeluxdeuz on November 21, 2017, 01:44:03 PM
ICO's need to have atleast the below elements before even deciding to invest:
1. Needs to be legit
2. Reasonable profit provided by the company
3. Solid Team with great experience
4. Great startup or a nice business idea
5. A plan that will work now and in the future
I would suggest trade.io that is a new Blockchain Trading platform.
It's currently on PRE-ICO and doing very well. It's solid team makes sure everything goes to plan and are always ready to help the community and answer any questions they have.
It's soft cap was $5M and they are on their way to hitting $10M in less than 2 weeks. With the help of their solid team, they will achieve a great many things. This is only the beginning for trade.io. You can find them at the links posted below.

Registration: https://account.trade.io/en/signup?ref=chrisgellere&mtype=i
ANN Thread: https://bitcointalk.org/index.php?topic=2367245.0
Bounty Thread: https://bitcointalk.org/index.php?topic=2370663.0


Title: Re: New ICOs everywhere, What's your take on them?
Post by: nominee on November 21, 2017, 01:46:45 PM
I believed that there are still profitable icos coming soon and we can get more free token from their pre sale. I experience to participate in icos and i can say that i get more profit on it or i am too lucky that i engage in good ico with a successful project. But remember the first rule in investment just invest the amount that you can afford to lose.

I also agree with you, which ico is best for this time?? Have any idea?? Please share

I check their team and documents to understand if it's a legit one. Pundix here comes as a legit one and a great payment system for the merchants. I support Pundix anyway.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: pedrog on November 21, 2017, 01:49:10 PM
I mostly stay away from ICOs, already lost a lot of hard earned  bitcoins in 2013/2014 'investing' in these kind of schemes, Ethereum just made it a lot easier to make it, projects still crappy and scammy.

Invest in protocols, not companies.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: parekoy on November 21, 2017, 01:50:10 PM
A lot of ICOs are already in the wild and more ICOs are currently on their pre sale and still more to come by next year so the competition of every Cryptocurrency is very tough and the top Altcoin are affected because they hardly pumped up since investors are looking for cheaper coins and hoping it will someday will pump up.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: dincer125 on November 21, 2017, 01:54:41 PM
ICO explosions everywhere. Most of them are fake just to make fast money, some have really great ideas but just a few can be a great investment, its very difficult to choose the right one.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: parekoy on November 21, 2017, 01:57:21 PM
I believed that there are still profitable icos coming soon and we can get more free token from their pre sale. I experience to participate in icos and i can say that i get more profit on it or i am too lucky that i engage in good ico with a successful project. But remember the first rule in investment just invest the amount that you can afford to lose.

I also agree with you, which ico is best for this time?? Have any idea?? Please share

There are more Altcoin already but still more are coming and it's unlimited because no state or government are regulating it.
I think it's hard now for Altcoin to pump up because people are confused regarding with Altcoin future.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: swpceo1 on November 21, 2017, 02:06:01 PM
We are organizing an ICO (www.swapy.network). For us, it is a new and fascinating way to raise funds for innovation. However, it needs auto-regulation and more maturity on the ecosystem in order to get rid of the scams and hackers out there.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Guddini on November 21, 2017, 02:12:12 PM
To be honest, many of the companies do not carry a pioneering idea, they just copy previous projects, trying to make money on it, so it's important in a lot of bad projects, to find a real one that will bring everyone a profit


Title: Re: New ICOs everywhere, What's your take on them?
Post by: pikatju on November 21, 2017, 02:13:56 PM
I think Ideacoin is gonna be pretty awesome! Previous ICO's similar to this has gone 5x after hitting the exchange. Sign up here: https://ico.ideacoin.co/invite/Pikachu


Title: Re: New ICOs everywhere, What's your take on them?
Post by: parekoy on November 22, 2017, 04:36:16 AM
People now started to confused because they don't know what is better ICO and what coin to invest because there are too many today and more still coming next year.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: bountyjunkie on November 22, 2017, 05:00:10 AM
The problem that they are trying to address and the team. If these two are good, one can take a shot.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Jherek on November 22, 2017, 05:02:32 AM
Hello,
Edited my message

What makes you support an ICO ?
Thanks.

Obviously you would want to try and avoid the most obvious scams.

If you don't do your own research and due diligence before investing and you get scammed, then it is really your own fault. ANd there is absolutely no shortage of scams out there at the moment. Every week there is news of an ICO going scam or whatever.

If they contribute positively to community of cryptos and actually has something to offer then you can definitely consider investing. Otherwise, skip and pass.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: parekoy on November 22, 2017, 05:06:56 AM
ICO explosions everywhere. Most of them are fake just to make fast money, some have really great ideas but just a few can be a great investment, its very difficult to choose the right one.

Even if there are already too much ICOs or thousands of them are already in the wild but I still do believe that some ICOs have good future and people will somehow realize that not only Bitcoin has the right to increase its value.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: parekoy on November 22, 2017, 05:15:46 AM
The problem that they are trying to address and the team. If these two are good, one can take a shot.

That's the reason why Altcoin can hardly pumped and Bitcoin is already in the moon. If only people would choose Altcoins as their short-term investment then surely Altcoins will follow Bitcoin's footsteps.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: pikatju on November 22, 2017, 05:20:11 AM
I think Ideacoin is gonna be pretty big. Could easily go 5x. You can sign up here: https://ico.ideacoin.co/invite/Pikachu


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Gabb on November 22, 2017, 05:34:00 AM
Actually I have never been very confident in this type of business, and generally I have only offered my support to receive a bounty but rarely invest in these businesses, because according to what I have seen in this forum, the vast majority of them fails to obtain the adequate capitalization and everything remains in a failed project. Only if I see a lot of information about that ICO coming from reliable sources could I decide to invest some capital.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: lamby on November 22, 2017, 06:30:38 AM
Yes there are way too many ICOs right now
 But there are some good ones among them. Problem is there isn't that much money in crypto to cover them all.
 I will always point out icon icx for example as a good ICO. And you can also checkout the signature am wearing for a good one presently


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Fatunad on November 22, 2017, 06:34:36 AM
Hello,
Edited my message

What makes you support an ICO ?
Thanks.

Obviously you would want to try and avoid the most obvious scams.

If you don't do your own research and due diligence before investing and you get scammed, then it is really your own fault. ANd there is absolutely no shortage of scams out there at the moment. Every week there is news of an ICO going scam or whatever.

If they contribute positively to community of cryptos and actually has something to offer then you can definitely consider investing. Otherwise, skip and pass.
The main hindrance on this stuff is that we would really find it difficult on researching the potential ones considering on the number of ICO do almost launched on everyday. Community is being flooded by ICO even on the senseless ideas they trying out to create waiting for the devs to see that theres a spark or interest on those projects but knowing people or investor they are now clever and wise upto these day. Being scammed cant be avoided but i would say it is much lesser compared into the past.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: parekoy on November 22, 2017, 08:12:19 AM
I think Ideacoin is gonna be pretty big. Could easily go 5x. You can sign up here: https://ico.ideacoin.co/invite/Pikachu

But not only ideacoin but all other cryptocurrencies in general is affected by this growing numbers of ICOs. ICO is tolerated and not being regulated by governments so nobody can stop ICOs on keeping it growing.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: JLCoin on November 22, 2017, 08:49:45 AM
You can do your research. Make sure that the founders, advisers and employees listed on the team are listed on the team. Which companies and industries did they work in before? Does it make sense in terms of the industry that they are planning on entering into?  Does the project make sense? Is there an actual advantage to the project bring launched on a blockchain vs regular internet? Does their plan make sense? Do their projections make sense? Who are their backers? Even then it's a big gamble, as most fail


Title: Re: New ICOs everywhere, What's your take on them?
Post by: pikatju on November 22, 2017, 08:50:52 AM
Ideacoin is going to sell out tonight! Only 1.5mio coins left at time of writing. It is gonna go 5x after ICO. Sign up here: https://ico.ideacoin.co/invite/Pikachu


Title: Re: New ICOs everywhere, What's your take on them?
Post by: btcbandit007 on November 22, 2017, 08:55:28 AM
ICO
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I will be buying into this ICO> the whitepaper looks good> and it has some good hype from a SOLID YouTube crypto investor.
ICO starts DEC 1st!

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Title: Re: New ICOs everywhere, What's your take on them?
Post by: jacquelinecr on November 22, 2017, 11:50:58 AM
If an ICO has a good whitepaper and roadmap, and the team is solid and are willing to maintain and support the community and project itself, then it would be a good reason to continue supporting ICOs


Title: Re: New ICOs everywhere, What's your take on them?
Post by: zchprm on November 22, 2017, 12:12:43 PM
It makes the market healthier because there is many competitions but beware of some because there's a lot of scam ICO.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: Subb0 on November 22, 2017, 12:14:06 PM
I think you should look beyond the ICO and at the technology or any partnerships to see how it would work and not just a quick buck.


Title: Re: New ICOs everywhere, What's your take on them?
Post by: ICOtoINVEST on November 22, 2017, 02:49:35 PM
Most of the ICOs are not profitable to anyone. While I say most of them are not good, but still there are few ICOs which are linked to a real life business. When a new company decides to list in to a stock market, they offer their shares through IPO which is Initial public offering. But in real life stock market, we have regulators who ensure that the company is already an established one and they have registered profits since last three years (in my country). But the ICO is a method through which a company raises funds for their upcoming ventures. So they want to raise fund for a business which is yet to come and doesn't exist now. So the risk is very high.

China has already banned ICO and Canada government has already started cracking them down. Which looks like a proper step to me. If it can't be regulated now, it will become a ponzi market and people will start loosing big amounts of money. Invest in ICO but make sure they have a legal business to back them up.
All this is very true, ICO's are infact more now than in the past.
Some random Devs create the ICO and know they can make some money and run off with that money and leave the Investor penniless. Acts like these justify the reason why Countries like China and Canada are clamping down on ICO's or ending the program all together!