Bitcoin Forum

This was the original post made by me in this thread you can still share your comments.


But i would like to know what steps do you follow before joining an ICO ? What makes you decide to join an ICO or not?

It did not scammed me, but i was happy because i wanted to invest in VisaCoin, it seemed to be a good ico,
 but twelve hours later from the releasing of the first ico stage, the page went down and no one knew about it anymore.


Project C is the most scammy project that i have ever seen! Just look at how the manager is talking to their members, they are bullshit. They do not know how to run a campaign, they do not even know how to manage their ANN Thread because they do not even have a community manager


Avoid that project like the PEST.

I guess you are participating in the signature campaign of this project, because they pay bitcoins for posts, and not just because of the improvement in the quality of your posts  8) I think it's a very strange project

Ah, Project C? That unethical project? Just look his untrusted feedback, he is known as scammer from the past. I've just sent him a neg trust, one day after, he and his partner from Litra (JPnotmorgan) sent me a neg trust, too. He allows newbie & red tagged users to enroll in his campaign, what an irony. Also, he paid more bitcoins than the usual payment to deceiving bitcointalk users.
However, I'm have not been scammed by any ICO, though. I'm just investing in trusted projects that have many reviews about it.

What a discreet way to promote project C.
I was following two projects and then the person running it just disappeared. Those are one man show that deceive people with the promise of airdrop, their link still on BCT
infinity pay   https://bitcointalk.org/index.php?topic=2322857.0;topicseen
drop answer   https://bitcointalk.org/index.php?topic=2349317.0;topicseen

Scam or not we will know that in future so not now. If something happen to investor and the developer can not help seems like then project is scam.
So far, i ever join 1 success project but i dont get paid. Most people get paid and some people have same thing like me. They dont get paid too. The project looks great but i dont know why they dont pay me for my effort. The project called "Centra ".
But i dont care since i just join the social media bounty, maybe if they pay me it will not big amount.

In my opinion, more than this C project is a scam, most of the ICO projects are a scam, so it is important to choose a good ICO project.

Well, post quality is a fuzzy thing to discuss here in the forum you can find some threads discussing that in Meta section. And yes it's kind of a strange project.


As a matter of facts i haven't looked at his Trust yet, i gotta say things are red in there.


Yes, it is suspicious, its week payments is way too high to be true.


 ;D It's true that i'm doing it but my future purposes for this thread is to gather some of the SCAM ICOs people has been involved in.


This is one thing i was looking for, an example of scam icos


Not being paid for our efforts it kinds of sucks even if we don't care and if the payment is low.

there was a thread with a list of scam ICO here somewhere. Can someone post it? It was a pretty informative thread!

Recently, among the ICO companies more and more scams come. And this does not please. But in the place so there are quite a few ICO companies that are developing and their tokens are rising in price. We can only hope for a favorable outcome.

As cryto-currency popularity increase so will the scam icos, and the truth is that it's kind of hard for an experienced user and for a newbie like me to recognize when an ico will become a scam. There are some hints to start the recognition but still, nobody will know until the end when every participant is scammed.

It could be great if the community join to fight those scam icos.

Most scam ICOs are blatant scams with shitty front pages and copy-pasted material on their sites. Others actually include scammers in their 'team', and you need to do some digging and research to find such things. It's difficult to do for every ICO but there are usually people that do the heavy lifting in most ICO threads.

Boy I do not remember the name, it was a single aimed at the well being and health of the user. I gave them several jobs and in the second month I discovered that it was a fraud. I lost time and a lot of work.

I do not understand why to participate in the ICO, when such strong doubts. You can choose another company to helping you to improve your posts’ quality. ???  I admit a small chance that it is not a SCAM, but simply poor quality approach to organizations ICO.

There's enough ico's, you're bound to find a good oe amongst the scam projects. Although it's easier to stumble upon a scam.

So true, and that's what i'm going to do after Dec 20. And even if


The same problem still out there, SCAM ICOs, it's hard to really know when you're facing a fake ICO or not, although most of them probably are scam.

So the question still the same: What can we do to decrease SCAM ICOs ?

The only ICO that scammed me was glu token, I participated in the ICO and everything disappeared into thin air.

Now there are a lot of scam-campaigns, and almost all of them have a Russian-speaking team

trueflip was totaly scam. first they stole our bounty coins and now i see they are not even at any exchange.. i wonder how many tickets they sell every day.

I would like to point out that Joost was the name of some CompSci student that they hacked the LinkedIn profile of. He was never actually involved and is a victim just like the investors. Probably more so, because his name is now synonymous with ICO scam. If crypto continues growing, the wary will constantly be reminding people not to get "Joost'd", and he will never be able to do anything in the sphere

Most ICOs are scams. 90% are just pump and dumps made with the intention of convincing crypto noobs to invest their money into something that is completel and utterly worthless, but on the outside looks like it could be successful or a great idea to the uninformed. It is sad, but the reality of this Wild Wild West environment in crypto right now.

I don't know about project C. I didn't pay attention to it. I try to enter into more reliable and promising bounty compaign, so I haven't met a scam project yet

This is not true, I know a lot of projects that work fine

About this, the only thing I can say is it must be just coincidence.


I agree with you. Disinformation is the fundamental key for those running a scam ICO, but what can we "crypto noobs" do to avoid getting involve on scams like the few ones you have posted in this thread? Because even if


in cases where you can find that info, it's not enough.

Yes and those projects belong to the resting 10%.

In my opinion, 99 percent of ICO projects are a SCAM, and the truly innovative ICO project is too few, so it's hard to tell.

be careful on that ICO ;D it is the one that I first saw but ignored hahahaha.. I am very choosy now in picking ICO and we have group chats that I followed and best of luck for me we were discussing about campaigns that we are joining... we have legendary members joined and they are bounty managers.. with that I am very sure that they will not scam us ;D. lots of ICO are scam And I can't lie about that .. also we have tha list of those bullshit campaign manager haha..
enjoy earning :)

If you can see "C" they don't have an escrow. You must need to avoid this one, and even your post is become quality you only help "C" to scam other. Stop promoting this project. You need to understand the consequences of what you're doing right now.

Well at least I know now that Project C is to be avoided. Fortunately for me, Ive never been in scam ICOs, all of the ICO I have participated in paid me. I heard there are ICOs that doesnt pay after , but there are also that pay too little less for their promised payment. Lucky for me Ive only read theses and have not actually experience, it'll be really a waste of time and effort.

I have came across many scam ico. Glutoken, goldmint, ties network.

The project of C was a scam just read their project and observe on how they answer the question of the member it was like a jerk, and do you think they can give you a huge amount of bitcoin just to spread their project do you believe on that? just avoid the C project it was scam you just promoting a scam project and help them to gain more profit and beware what is the consequence of it

Project C is the biggest scam I have ever seen. They are asking for money without website, whitepaper, team...I mean nothing but an ANN thread. I don't understand how people trust them and also participating in their bounty.
And ETHbooks....that ICO seems to perfectly genuine and also they showed that they have have achieved their hard cap. People buy token watching its great response but in end they came out to be a scammer.

If we talk about investing then I have not invested in fraudulent projects, but if there were several of the bounty of which one was Kaîros

There is 2 ICO's I participated that don't fall directly into category SCAM but are a disappointment too. First is Bankera ICO, that it seems to take forever, so your money is "locked" until end of February 2018, no way to sell or withdraw. They pay dividends that are soo slim that on 100$ you won't even get 0.1$ a week, imagine you put 100$ on exchange and buy anything that is mooning right now. Second ISO is BlackMoonCrypto that failed with the promise to guarantee price on level 0.8$ per BMC for 2 years, funds been drained in 2 months! so you paid 1$/1BMC and now you are bag holder of 1BMC/0.5$ for god knows how long.

As my experience in this crypto world there are some bounty campaign that are scammed where all participants doesn't receive any payment/ coins from the ICO inspite of thier hardwork.
But for me I don't encounter such scammed campaign and also i do think like you to that i just don't care if its scam or not atleast they help me to improve.

So, can you share with us what your methods are to pick up an upcoming ICO to get involve with? It would be helpful for those like me, a newbie to ICOs and time lacking most of the time to do the research, to know the basic steps to recognize a scam ICO.


There is a 99% that Project C become a scam, i know, and i will stop promoting the ICO on Dec 20.


I have my doubts, of course



Can you or someone else comment some opinions 'bout this?

Please give some comments on this. Read the first post (https://bitcointalk.org/index.php?topic=2597552.msg26432611#msg26432611) and the last one (https://bitcointalk.org/index.php?topic=2597552.msg26578736#msg26578736) made by me.

This is very difficult to do. Now scammers in the crypto currency have become very numerous. They just come up with a beautiful legend and collect contributions. And then disappear.

The first thing you need to do is study the project. If this information is not available, then it is worth seriously thinking. I do not understand what the "C" project is. There is little information on this project, so I would not trust them.

Most of the ICOs are legitimate, However, there are a few out there that are scams or have proven to be scams. I personally was a victim of couple recent ones, and that is SISA (its on exchanges right now, and not that many people know, and Totum that just picked an left on the middle of campaign)

I have only been in crypto short time.
To me it look like it is best to wait for exchange. Then most scam are dead. And the price are low because all bounty hunters sell cheap.

If you stay in crypto for a longer period then you would see that most ICO's are not worth investing in.