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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ivanleon on July 09, 2018, 04:58:01 PM



Title: Why do people believe and invest in fraudulent ICO?
Post by: ivanleon on July 09, 2018, 04:58:01 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Kay94 on July 09, 2018, 05:00:59 PM
No one knows the fate of any ICO on this forum. They come promising almost heaven to us and we have no other option than to join. One thing you have to know no one knows fraudulent ICOs. They invest into it and later realise that they have been scammed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: lelou on July 09, 2018, 05:04:08 PM
What ICO are you talking about?
Most of the people who joined scam icos are either wanting a quick profit or just an uninformed investor/beginner in ico world.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: trash321 on July 09, 2018, 05:04:21 PM
People are now prone to any opportunities, because people hope that they will some day become very rich, but you need to understand that this obviously will not happen to all people. Just can not be all rich.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: carlfebz2 on July 09, 2018, 05:09:12 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Nothing has changed and the system do still exist even up to this day or even possible on next years to come depending if such strict regulation would be impose then it would somehow stop but for now scammers and fraud projects do really exist and most of them are on current sale :D
Its not actually people do believe into fraudulent ICO but they do blindly out investing into projects without any basis and as long they do invest they do already believe that they can able to get good returns but later on they would realize that they had been scammed already.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bozo333 on July 09, 2018, 05:48:10 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
This year many peoples aware in fraudulent ICO so I do not here these kind of issues in crypto platform. But how do you think people believe in fraudulent ICO investment so scam projects are not survive in long term. May be every project has expecting good reputation so all the projects are run successfully in future.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Findingnemo on July 09, 2018, 05:51:11 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Because most people don't have enough knowledge about that in what they were investing and the scammers are getting more perfect while creating the ICO's.But it needs to be realized by the ICO investors or it can affect the future of crypto currencies.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Fedoracoins on July 09, 2018, 05:59:07 PM
It's simple. Many people want easy and fast money. They are ready to invest in any projects that promise great profitability. Do not believe the promises before investing in ico, look at the development team and various ratings. So you can choose a good and promising ico and not lose your investment.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: boss82_big on July 09, 2018, 06:03:05 PM
People are all very greedy and when the ICO projects were very popular and very profitable, many people made good money, but now the situation has changed and now there are no good projects, and most fraudsters, but people continue to invest and lose them


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: nkgrigoryev on July 09, 2018, 06:12:45 PM
People play in online casino. People play in ponzi scheme. People invest in ICO based on same reasons.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: pidobir on July 09, 2018, 06:12:59 PM
People are losing their money to fraudulent ico projects. And then they begin to say that all cryptocurrency scammers is wrong.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Dextord on July 10, 2018, 03:46:56 AM
I think no one predicts an ico will be a scam, we must be ready to bear all the risks, must be more careful again in investing in ico see the concept of ico and read the white paper of their project, do not go wrong invest in the scam ico


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: gentsy brink on July 10, 2018, 08:18:14 AM
actually, with the many scam ico doesn't mean that there is nothing a legit ico. so many the legit ico that can be followed. it's a risk for investors and bounty hunters in following an ico. we should be able to choose a good ico to follow in order to avoid from scam ico.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: btcluisdiki on July 10, 2018, 08:49:49 AM
Yes,  I believe that there are many scam ICO's joining in the crypto community and that people should be keen and observant when selecting to invest a legitimate ICO. Just to remind for those who would wish to invest to be sure they should invest only they can afford to loose. Consider also that there is always a risk involved when invessting cryptocurrencies.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: BTCLovingDude on July 10, 2018, 08:56:41 AM
majority of ICO investors are gamblers. this type of people don't research about what they are investing in, they just make the investment like a gambling game in hopes that they can "win" and make a lot of money. and since sometimes their luck is there and they win, they continue doing it although they get scammed by many of them and lost most of time.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ahmad21 on July 10, 2018, 06:16:50 PM
People don’t invest in such ICO scams willingly, dude. That’s quite obvious if they knew it before that the ICO is a scam they will never invest their money in it. But yes, people can also be blamed for their loss. Some investors don’t search about the team or read the project carefully before investing in it, due to which they are unable to know that the team is fraud. Some even give into the offer of earning unusually very high profits.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: KryptoKai on July 10, 2018, 06:46:01 PM
It's because the scammers are getting more sophisticated and so it's easier to trick the investors into thinking it's a real project. ICOs are still very profitable so if a good one can be found then there is a lot of coin to made from these investments


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: torreun on August 29, 2018, 10:55:46 AM
Because people's greed blinds their eyes, they only see that investing in ICO can quickly bring huge wealth to them, ignoring the huge investment risks, and they are unable to recover when they realize that they have been cheated.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: karashika0577 on August 29, 2018, 02:07:46 PM
Whatever campaign hunter, they have to be involved in some campaign. Fraud scams often show more greed By which hunters get confused. The fraudulent platform often changes its terms frequently. Such platforms call you changes in work, so that hunters can not work in the right direction. This often happens during the conclusion of the campaign. To avoid these, you have to adopt a campaign operated by a team of select people.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Binugon on August 29, 2018, 03:11:20 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Today many people are investing in buying speculative digital currencies for profit, from this trend there are opportunities to profit by fraud, therefore the level of vigilance must be increased, namely one of the important factors for ICO is the developer and administrative team in behind the project whether it is dominated by popular and trusted developers such as the founder of the ETH, we also need to be wary of fraudsters who use fake profiles or biographies for the project development team, so research is needed on individual teams from a project before investing.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Jonsnowstark on August 29, 2018, 03:22:05 PM
Its not that easy to detect the plight of icos before they are launched. Since there has been a lot of projects splurging, a lot of investors who want to earn a great deal open their investments to these icos. But most of the time, it would be too late to find out if the ico is legit or not.

Here are some pointers that warns us if an ico is a scam:
The website authenticity
The whitepaper clearly states the project details and the time table
The people behind the project


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: DmitriySar on August 29, 2018, 03:35:00 PM
Scammers attract people with beautiful promises, the future growth and development of the project. It is quite difficult to identify fraudsters.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: asriloni on August 29, 2018, 03:35:18 PM
Its not that easy to detect the plight of icos before they are launched. Since there has been a lot of projects splurging, a lot of investors who want to earn a great deal open their investments to these icos. But most of the time, it would be too late to find out if the ico is legit or not.

Here are some pointers that warns us if an ico is a scam:
The website authenticity
The whitepaper clearly states the project details and the time table
The people behind the project
The majority of scam icos have been using the photo that has been taken from the internet. that's really important to do a research about the photo of the team rather than try do focus on the their whitepaper.
So many scam hunter has been doing this way to reveal the true identity of the scam ico itself.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: MadaraAvenger on August 29, 2018, 03:35:47 PM
This ICO fever has taken over the world and now if somebody invest into one ICO they will tell to all his friends to invest because that project it will be huge and like this an ICO Train is form and a lot of guys are investing in something they don't even know about.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: mostkey on August 29, 2018, 03:50:52 PM
They get very wrong trust in the wrong ICO, therefore the lack of basic knowledge about ICO and other projects, such as the ICO goes on, there is fraud everywhere, laziness in analyzing is someone's fault, no one can be blamed in this case every people must find fault with themselves, regretted that the more fraud is everywhere, then be careful in investing.

With this free market they are very free to enter and enter the scope of the market, there needs to be a law on the arrival of new ICOs for better filters which are frauds and which are good for the community.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: trade2winnn on August 29, 2018, 03:53:45 PM
Because you still try to identify fraudulent or not,even the project originally was not fraudulent and was trying to implement a good idea,well then the market went into decline,and mass-correction,and you say the norms were collected,but see that it is impossible to implement the project as she wanted,that people and collects money and runs away


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: george_hured on August 29, 2018, 03:56:49 PM
The most important thing is that you do not know that this is a fraudulent ICO, so you begin to analyze the project and for all your checks the project does not seem bad and you are more determined to invest in it, it's obvious that this happens


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: VeronD on August 29, 2018, 04:00:16 PM
It's simple. Many people want easy and fast money. They are ready to invest in any projects that promise great profitability. Do not believe the promises before investing in ico, look at the development team and various ratings. So you can choose a good and promising ico and not lose your investment.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Thanasis on August 29, 2018, 04:02:17 PM
We can't remove the scammers from the crypto market until the people need to have enough knowledge about the crypto currencies and its technology,but now most of the people investing on the ICOs based on their promotion and offers and they are investing here to make money in short term but in future we need to invest on the technologies.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Marcel666 on August 29, 2018, 04:02:56 PM
I doubt anyone would willingly invest in a TGE that they are aware is a scam.
Not everyone has the tools to discern which ICO is legitimate, and even with the tools, one can still fall victim.
Research effectively on any project you plan on investing in.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Crypto24hrs on August 29, 2018, 04:04:13 PM
My dear do you no that inability not to take a risk is also a risk itself? some persons have become rich by investing on ICOs while some have been robed to poverty so it is a win or loose game


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Docnaster on August 29, 2018, 04:06:24 PM
I've seen a bunch of complete idiots who literally don't do any research into a project before investing. Typically the ICOs that are most successful are the ones that have a real understanding of how to market and acquire investment. Unfortunately some of these projects are also scam ICOs that end up generating a lot of investment and eventually leading to an exit scam.

Just remember the age old proverb, if it looks too good to be true, it probably is. If they are promising more than 50% returns in a year, be extremely skeptical.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: robelneo on August 29, 2018, 04:09:03 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

If these people know that these are scam project, they will not invest on these scams Ico, but these scammer are now very good on imitating a good project, even as old timer I am still at lost on finding a legit project, I'm just watching daily updates for any hint if the ICO is legit or a scam one.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: santino11 on August 29, 2018, 05:20:11 PM
BEcause people who invested in those ICO didn't know that it was a fraud.
maybe the offer was good and the project is promising.
this will be a good attraction to investors and investors are not aware of the scam they are planting.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: tee-rex on August 29, 2018, 05:38:04 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Yes, I think that the situation has changed already. People no longer believe in that thing called ICO, at least not en masse. If first ICO's were highly successful, these days it is no longer the case. There's a saying, something like  "once bitten twice shy", so those who have lost their money in fraudulent schemes now know better than in ivest in shady enterprises.

On the other hand, there will always be gullible people or just excessively greedy ones as it has been for hundreds of years already since time immemorial.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: gigusico on August 29, 2018, 05:43:41 PM
such projects practically do not differ from usual ones ico and therefore it is difficult to say whether I invested in a fraudulent project


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: redsun114 on August 30, 2018, 06:45:03 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
That’s not right. No one would purposely invest their money in anything that can lead to loss in the future. And by the way, these Scam ICOs show themselves to the public as being legit and people get deceived and thereby leading to them to invest their money in it and at the end, these fake ICOs will show their real self and make away with their money. So none of us gives money to them on purpose, we are all not stupid…. It’s a scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: tee-rex on August 30, 2018, 10:07:33 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
That’s not right. No one would purposely invest their money in anything that can lead to loss in the future. And by the way, these Scam ICOs show themselves to the public as being legit and people get deceived and thereby leading to them to invest their money in it and at the end, these fake ICOs will show their real self and make away with their money. So none of us gives money to them on purpose, we are all not stupid…. It’s a scam.

This is not the only option. About a decade or so ago, when the Internet had become widespread but there were no cryptocurrencies yet, the Web was infested with HYIP programs (just another name for an online scam and Internet fraud). And what d'ya think, people were bringing money there too. Were they not aware that those weren't real businesses and couldn't possibly pay so high returns? I assure you most of them were completely aware of that. So what was their primary motive if they knew they could easily lose money there? It was greed, obviously, while their hopes were based on the fact that these fraudsters actually paid some monies to the first participants. Folks of this kind hope to be the first and then quickly disinvest just in time before the whole shebang shuts down.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: quick_success on September 01, 2018, 09:13:58 AM
In the first stages it is impossible to understand about ISO - it is fraudulent or not fraudulent. Therefore, investors make mistakes. But if you invest a lot of ICO, the risk of errors decreases.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Vladique on September 01, 2018, 10:25:23 AM
Now there are a lot of ICO on the market and it's very difficult to find a project among them. Also, many people find it very difficult to understand the project, so so many people put their money into the scam


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bitcoinpeople1 on September 02, 2018, 10:32:49 AM
I don't think that there is anyone who would purpose choose to believe and invest in a fraudulent ICO. People mostly do do because they are of the opinion that the ICO is a good one, and then go ahead to invest in it, only to get scammed at the end of the day, and that's a really sad thing. Anyone who willingly invest in a fraudulent ICO, is probably in on it, from the get go.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: NewBet on September 03, 2018, 07:47:31 PM
The thing is that people do not always know that they are dealing with fraudulent ICOs there are people that think that everything in the market is still legit, so they put a lot of money into them. It is most especially the newbies who do not understand how these things work yet. Then there are some people who think that they can make money from the coin before they tank.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: biznes35 on September 06, 2018, 08:24:03 AM
Because scammers all wrapped in such a good wrapper that the result they look cooler and more promising than many other projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: EverydayBtc on September 06, 2018, 08:39:56 AM
I think some of the crypto investor know the risk in investing in ICO and they are betting that they will gain big profit from this. While the new investor dont know that it is a scam or fraud they are just a victim.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Ferris419 on September 06, 2018, 08:49:56 AM
No one wants to invest in ICO scam, it's a suicide. They invest in ICO scam because they are fooled by the great appearance of the scammers and they just realized they were scammed when the ICO ended but it was too late. So investing in ICOs is risky and they must be willing to take risks if they encounter them


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: amaterazu on September 06, 2018, 08:57:45 AM
ICO is very popular because it can give us many advantages. So the situation is exploited by those who want to get money very quickly without having to work hard. They are trying to fool a lot of people by creating new ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Cactushrt on September 06, 2018, 09:01:49 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
What are your basis for a fraud ICO? I think most investors are based on what the price of the token but if project dont deliver product then its a scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: houjinglong on September 06, 2018, 09:06:29 AM
Many people are actually blindly choosing to join the market after hearing the myth of the rich in the crypto market. So these people actually don't know what crypto is, and they don't know how big the risk is in this market. They all expect to get rich overnight, so there will be so many fraudulent ICOs released.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Redg85 on September 06, 2018, 09:21:37 AM
hi mate! ofcourse people who invested in these ICO's are not aware that the project they thought are legit was a SCAM. who would have thought that they might be scammed, no one. they'd just chose the wrong project to invest with. these unfortunate people were definitely hammering themselves because of this wicked act of scammers. i feel sorry for them. cheers!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bitcoindusts on September 06, 2018, 10:02:50 AM
First and foremost, i'm sure they were not aware that the ICO was fraudulent.

A lot of people usually fails to check on the legitimacy of an ICO, basing their decisions on mere support they are seeing for an ICO. But as we all know, there are those who employ sneaky means of promoting their ICOs. Shilling has always been a popular method of choice for many, creating an effective band wagon if not irresistable.

So be very wary, scam ICOs had been tainting the world of tokenized crowd funding in a bad light. Scrutinize more and be safer.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Olatunjex on September 06, 2018, 10:56:28 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
I think most time, it is not the fault of the victims , they are newbie who doesn't know much yet about how blockchain technology work. This criminals made them to believe they will deliver with a lot of deceptive advertisements and roadmap.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: X-ray on September 06, 2018, 11:18:54 AM
of course because the person is not careful in determining the ICO. people are currently following the ICO because they expect big profits from there. if I have assets, it is better to buy altcoins / tokens that are already listed in the market and have cheap prices at this time. because it could be the price will increase at the end of the year
They will will always think about how much profit that they can grab from investing in the ico. they are using the pre-sale price as the main price to determine how much their profit after that will have listed on the exchange site and they are playing on so many speculations about the future of ico and it's called ico trading.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Taniya1901 on September 06, 2018, 01:29:36 PM
Because people want to get rich and do not understand begin to invest (trusting rating or telegram channel that promises a lot). Before investing it is necessary to acquire at least basic knowledge.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Platon ES on September 08, 2018, 12:29:20 PM
There are many ICO projects, but unfortunately, around 70% of them are fakes. To catch the the proper project is not possible for everyone. Exactly that’s the way how people invest in fake ICO projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: joel123 on September 11, 2018, 12:35:08 PM
I don't think that this question is right, because people do not choose to believe and invest in fraudulent ICOs. they are made to believe that it is a good one, and so they put some investments in it. Think of it, would you willingly put your hands into something that would hurt you? Definitely no! same for these people.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: sladkoejka on September 12, 2018, 12:57:14 PM
Well, the scammers do not write on their site that they are deceivers. Now it is very difficult to recognize scammers and the situation has not changed


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Nivelir on September 12, 2018, 01:01:42 PM
Because people who trust such projects have only two options or they will try to test their fate with the help of similar investments or they simply will not do anything. Because they do not have a third option, it's their problem.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: CodyAlfaridzi on September 12, 2018, 01:03:43 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Greed, that's why. Most people rush when they got blinded by greed, they ignore potential issues, scam warning, etc. Yeah, I think the situation is slowly getting better. I've read somewhere that the money raised by ICO is currently dropping starting from 2018 and hit a new low in this quarter. That's a good news. I just hope that the entire ICO hype would just die eventually. All those money poured into ICO could be a good use in some other project that bring real benefit instead of the pocket of the ICO team.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: beeelzebub on September 12, 2018, 01:10:21 PM
They mostly don't know it is fraudulent after it is too late.

Some scams are looking really good and some is offering amazing things and people want to believe.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ShowOffoN on September 12, 2018, 01:14:03 PM
Most of the times, those who have been scammed wanted to get rich overnight hence grabbing the opportunity which they think can give them just that. Investing in cryptocurrency does not work that way. Yes, it can probably make you rich. I've seen people who have made their way in becoming rich thru investing in cryptos but not overnight. It takes a lot of patience and waiting so no rush to avoid being scammed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: goaldigger on September 12, 2018, 01:17:31 PM
Its like when you bitcoin first introduced to you. People would say they become financially free by investing in it and even they explain it to you how, you still get curioused and want to experience it. Even though you are experimenting on it, you still put some time, money and effort into it. People who wants to earn more tries everything and i guess thats better than not trying at all.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: skip60 on September 12, 2018, 01:28:54 PM
You never know at the beginning if this or that project fails. Just a year ago this market was extrimely profitable, many many İCO projects were created.  Unfortunately lots of scam coins poped out too. At the beginning it is difficult to understand if the products worth buyin or no. Researching, reading lots of information helps a bit but still it is risky.  To my mind important thing is you must do deep research of  development team and product before investing.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Limar0 on September 12, 2018, 01:41:15 PM
The ongoing projects behind the ICO look promising that's why more investors are attracted to it and make others believe to invest in it. In the earlier stage, you can't really tell if the ICO is legitimate or scam. Therefore, it's not anyone's fault. It is just that the people who invested are just victims of this scam ICO's.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: imToken on September 12, 2018, 01:48:05 PM
There are many reasons for this. Due to the unequal information, irrational investment, and the early profitability of Ponzi schemes, these reasons are the reasons why scam ico can defraud money, as an investor, is difficult to clearly understand the background of a project team.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: maman09 on September 12, 2018, 01:52:01 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

well, and why did you join the bounty campaign? doesn't this become ridiculous when you ask why people invest in ico, while you yourself become a bounty hunter for ico projects. try to learn more about ico and investment knowledge.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: robaya on September 12, 2018, 01:57:44 PM
There are many reasons for this. Due to the unequal information, irrational investment, and the early profitability of Ponzi schemes, these reasons are the reasons why scam ico can defraud money, as an investor, is difficult to clearly understand the background of a project team.
If it is a new investor, certainly not many investors from ICO will know the background of the team. but for investors who have long joined ico, I don't think only the team will be observed. greater profits can be obtained from ico investment, but all of that depends on how investors assess the project in depth.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: vhroen on September 12, 2018, 03:27:43 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I think no one wants to invest or join in an ICO that is obvious scammy or fraudulent. Maybe because the dev's team is expert in concealing their identity and their project seemed very promising somehow but unknowingly it's a trap and before they know it, they had been scammed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Jaywahin on September 12, 2018, 04:19:14 PM
No one knows the fate of any ICO on this forum. They come promising almost heaven to us and we have no other option than to join. One thing you have to know no one knows fraudulent ICOs. They invest into it and later realise that they have been scammed. There are really a lot of scams out there in the market. Be careful. Alway check their website, their communities, are they active on social media etc. Also, do you believe in their project etc. For example, I follow closely SciDex. They are creating a new type of smart contract generator for complex transactions. So that even regular businesses that need legally binding contracts can be on the blockchain.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: cytpoway121 on September 12, 2018, 04:26:50 PM
I think only a lazy man is a victim of Scam ICO
If you can do your research and maintained honesty with yourself

You will rarely make a wrong change
While investing, you must not have a greedy heart


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Maximal-Ether on September 12, 2018, 04:29:10 PM
I do not believe that all ICO companies are scammers. Not a large proportion of good, promising projects still exist. And the fact that people are rushing and investing without considering the company fully. The business and problems of the most investors.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: candolbitcoin214 on September 12, 2018, 04:29:34 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
It is hard to detect a very promising cryptocurrency. It could be very promising and the sharing is very high that is why many investors are fooled.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: oemar bakrie on October 09, 2018, 02:02:13 PM
of all existing Ico maybe only half are correct and have a high selling value..
seen from the many of our own Ico must be more careful,we cannot predict briefly whether this Ico will succeed.!!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: 10BTCaDay on October 10, 2018, 02:04:52 PM
I know cases when people who are not one year in the crypto currency and even they fell for the tricks of scammers, because there is information that makes you believe and hope but in the end it's just a Scam trick.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: sinkfish on October 10, 2018, 03:25:50 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

well orchestrated story is much more interesting compare true and sincere technology that improve life. people are loss minded sheep they like to follow charismatic story teller, regardless what story it is, true or scam. remember during high school every one like to follow popular kid instead of nerds?? the real people who actually build the world are the nerds. not those popular kids. so make choice wisely.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: organelles on October 15, 2018, 08:51:44 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Most of the time most of the people do not know that they are investing in some thing fraudulent. They are just trying to make money and trying to get into projects early enough that they have the most advantage to make money from the market. Then there are the people who know they are investing in something fraudulent but are just trying to make money before they pull out


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: h0lybyte on October 15, 2018, 09:00:28 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

We can not say ICOs are scam on the whole but most of ICOs are definitely scam and many of them comes with less than $0.01 even their coin value is $0.5 during ICO sales.
These investors are mostly newbies who don't research before opting a coin and then they lose their money, we should always give priority to bitcoin first


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ballerin and giroud on October 15, 2018, 09:03:57 AM
of course because the person is not careful in determining the ICO. people are currently following the ICO because they expect big profits from there. if I have assets, it is better to buy altcoins / tokens that are already listed in the market and have cheap prices at this time. because it could be the price will increase at the end of the year
That doesn't determine you will get profit even though the altcoin has been listed on the market. Many shitcoins who doesn't has a good projects so that only a few times in exchange and then doesn't has value cause there are no investors who contribute to make it worth. Bitcoin is one of the crypto currencies that will continue to survive, many investors in it and pump and dumps rarely occur even though has never happened. Someone who has long been in the crypto currency industry they will choose bitcoin compared to altcoin.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Fluxtorrence9 on October 15, 2018, 09:12:19 AM
Newbies are the ones that fall victim for this and they will invest there hard earned money in this fraudulent projects, something have to be done about this ,I'd advice newbies to becareful and only invest in serious projects only ,scamy projects will only hurt you


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: uchiikina14 on October 15, 2018, 09:32:03 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

They invsst in the scam ICOs because they do not know how to look for a good ICOs they just invest and invest just to have money they do not think what will happen if they just invest and invest without looking and checking out the ICOs carefully.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: blockchain-man on October 15, 2018, 09:38:29 AM
In my opinion, the reason people believe and invest in fraudulent ICOs is that they are eager to make a quick profit. They have overlooked the principle of careful research and selection of potential ICOs for investment.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: GREENch on October 15, 2018, 09:48:04 AM
Guys, let's not forget that each of the investors has its own risk management. I think that some people understand that the risk (when investing in a suspicious project) is great, but also see a profit that they can get at the same time, having to sell the coins first.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: sabine80 on October 15, 2018, 10:17:09 AM
people only invest because they do not know that it is a fraud ico. nobody wants to lose their money, and if people were to recognize it before, they would not invest.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bibka33 on October 15, 2018, 10:21:52 AM

Nothing has changed, as they have invested in such ICOs and will invest, because fraudsters there promise them a lot of money.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: matico on October 15, 2018, 10:22:26 AM
The claim that ICO have raised One Billion dollars is still subject to different interpretations and arguement. However, many people have lost money to scam be it in ICO or some other form of scam. People loss money generally because of lack of knowledge of where they are putting their money into!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: candy69 on October 15, 2018, 10:22:34 AM
It is actually difficult to spot scam ICOs, they behave like real and they invest a lot of money to promote the project, that's why people don't spot them. You have to do a lot of research to know about them.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Byzantium101 on October 15, 2018, 11:57:06 AM
Now people are starting to believe less in ICO, because the word has spreaded that many are scam but in the past, people made millions with just a shitty web page and a few pics.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: eaglewhite80 on October 15, 2018, 02:35:44 PM
Guys, let's not forget that each of the investors has its own risk management. I think that some people understand that the risk (when investing in a suspicious project) is great, but also see a profit that they can get at the same time, having to sell the coins first.
This is far more than the profit alone as this should have more to do with potential of what you are actually investing in. What a lot of people who want to be investors do not know is that due diligence is the only thing that can always help them to make the best decisions in this space as long as ICOs are concerned.

Investors have a huge part to play when it comes to investing in ICOs and it is simply because some are lazy when it comes to learning their environment and getting familiar with it which is what has made them to eventually get screwed by investing in scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: cluit on October 16, 2018, 10:36:58 AM
Guys, let's not forget that each of the investors has its own risk management. I think that some people understand that the risk (when investing in a suspicious project) is great, but also see a profit that they can get at the same time, having to sell the coins first.
You have to realize one thing that no one in their sane mind will see a possible scam and be willing to take a risk on a scam. How is that possible? The issue here is that people who claim they wannabe investors usually do not get to understand all they should when it comes to investing in this space and that is one thing they really need to get to understand before even making an attempt.

Take a look around, and all you will see is people who are basically looking for fast means to get rich and then not even taking the zeal to want to understand how they should be making decisions and then they just see themselves being a victim of fraudulent ICOs.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: eagle10 on October 16, 2018, 11:59:22 AM
Nobody wants to be scammed especially in ICO. All investment schemes and start up involves risk so if you are an investor, uninformed or not you should know that risks is highly probable in any investments that's why you need to research the project you want to put your money in.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: valenow on October 16, 2018, 12:44:38 PM
Sometimes ICO seems as potential and scammers are prepared on a top level. Even for experienced investor such ICO can seem as usual and he won't determine scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: l10no on October 16, 2018, 01:13:19 PM
the situation has changed a lot, you also have to realize that, there is no consistency in the development of the current project. both in terms of investment or bounty


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Osarman on October 16, 2018, 01:34:20 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

They invsst in the scam ICOs because they do not know how to look for a good ICOs they just invest and invest just to have money they do not think what will happen if they just invest and invest without looking and checking out the ICOs carefully.
Basically, I would say most people actually lack the knowledge and the enthusiasm to learn their environment before even getting into anything and that is what has affected a whole lot of people when it comes to making ICO investment decisions.

This is an unregulated space and the issue at hand is that a lot of people want to get rich fast and they are so gullible that the scammers are using that as an opportunity to get them since they really do not know how to play their card when it comes to due diligence before investing in any project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Adunni6758 on October 21, 2018, 10:34:15 PM
Had it been those who invested in fraudulent ICOs knew they were scams, they would not have invested. They problem here now is in knowing.
Not everyone has the ability or has learnt how to identify scam ICOs. Some just invest because they see others do the same or that they were deceived into investing. This is one of the reasons we need to take our time, in order to learn some things before investing.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: GmBoom on October 22, 2018, 02:45:01 AM
Because most of the investors right now especially newbies are attracted immediately by its features and its growth return of investment. Without looking further on the whitepaper or even making verification of the team members that is involved in the ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: maculeth on October 22, 2018, 02:51:18 AM
at the beginning of the project they always presented a lot of positive things from whitepaper, road map and development team. big expectations are in the minds of everyone, including investors. but at the end of the period, sometimes ico is not on target and is considered a scam. but not all of them, maybe only a few who did not succeed in achieving their soft cap or hard cap.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Siren on October 22, 2018, 03:01:17 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Same question why gamblers continue to gamble when the truth is they know that smaller percentage of chance in winning is in their hands,putting the logic this is the same situation why ico investors fall from ico scam

And added into this are the capacity of every project team to mislead people for promising income in a very perfect manner that every people might believe.

You are asking this because you have no capacity to invest but when time comes that you will have money enough for sure you will break this thread


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: briton on October 22, 2018, 03:11:59 AM
Maybe they think that investing in ico cheat can get more results, even though I don't think so, they lack understanding about ico, I think it would be better if we study with experienced people about ico and cryptocurrency


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: antonhuda on October 22, 2018, 03:22:18 AM
I thought at first I didn't know that the ICO was a scam, so they invested there, but half of the ICO trip was considered a scam, so nobody knew and all of this was made a lesson to be more rigorous and not find a scam anymore. This ignorance should not be considered to believe in a scam ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: glasbren on October 22, 2018, 03:32:22 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
What ICO did you mean that rised $1 billion? I don't think that people choose that scam project because they wanted to. That would be because they got scammed from the information that the project gave. So there is a lesson for us to learn better about new project with ICO, before we decide to put our money in it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: mald1to on October 22, 2018, 04:08:13 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

The very problem is that no one knows that an ICO is a scam ICO. The managers and owners wont tell the crypto community that their project is a scam I mean why would they?


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: WackMack on October 22, 2018, 04:13:36 AM
Because fraudsters are improving and developing. And to understand that a fraudster is a fraudster at times is incredibly difficult. Sometimes even the most reliable project can be a fraud. So be careful guys.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: universal3ee on October 22, 2018, 04:20:31 AM
I suppose those people are just plain lazy without checking out that ICO but just throw money into it. Maybe that ICO offer an irresistible deals like big discount to their tokens and pay money for good reviews by ICO bench mark sides and many fall into the trap. 


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Jamesdila1 on October 22, 2018, 05:08:29 AM
too much marketing and they were able to attract those investors. may be they gave big discounts for early buyers. but i cant understand that why those investors didnt do any good research about them before investing money. there are lot of good projects too. may be they tried to get huge profits. sad to see this type of news


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Jdragon6x6 on October 22, 2018, 05:14:32 AM
I think those who have less experience with ico or new investors are the easy targets of scammers. Some people believe in outrageous promises of icos because of their greed and wants to get rich fast. Scam icos are often too good to be true with unbelievable targets and goals and people always falls for that.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Vika0170 on October 22, 2018, 05:19:42 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
And because there are a lot of newbies who act standardly. They check the white paper, the team and the project covers, and the scammers have already learned everything and it is difficult to identify them among such a multitude. I will not say that the experienced do not fall, this is the case.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: primarydumz on October 22, 2018, 07:35:47 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I dont think its change the more ICO's implementing day by day i think its getting worse. Its all up to us to be aware in every project we've joining. In crypto were are prone of scam thats why we must be careful when investing in ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: dentolas on October 22, 2018, 07:47:43 AM
people hear about crypto and go crazy, rushing in, looking for a quick way to get rich... I honnestly think that a lot of people make blind investments, without even reading the WP...
It is maybe a phase, those people have learnt and are now more carefull...
don't really know what will happen on the next bull run, as a new wave of crazy newbies full of fiat will rush in looking for easy money...
We all have to contribute to stop these scams, spread the word, teach, comment... blockchain is a marvelous tool, we just have to use it wisely


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Sangkuni on October 22, 2018, 12:04:51 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
What is the name of the ico raised over 1$ billionand became scam project?
The big problem is,no one know the project is scam or not.
Many scammers very smart nowadays,they can manipulate all of details about ico.
Its hard to know ico legit or not
Why did people invest in these ICO?
Because they wanna get profit,ico can give you high profit with 1-100 x profit
but very high risk to turn your money,if you don't carefully


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kjn311 on November 18, 2018, 08:27:36 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People want to get rich and do nothing for it. I mean that there is no way to become rich doing nothing and it is obvious for most of traders all over the world.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Luna0120 on November 18, 2018, 10:28:00 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People are greedy. They heard a story about BTC and they consider that every token will be able to become as popular as BTC.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bootlace on November 18, 2018, 10:32:36 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People are greedy. They heard a story about BTC and they consider that every token will be able to become as popular as BTC.
Agreed, I don't see any other reasons. Many clear scam ICO's get funds. Little, I saw new idea on the hype/ponzi market - exchange with one coin  ;D Clear ponzi on the smartcontract. But it offers as exchange or as ICO. Be smart, don't participate


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: aalborg on November 18, 2018, 10:35:47 AM
They do it simply because of absence of knowledges.
They don't know what to do and that's why they follow fraudulent projects. They need more experience


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: VeeraS on November 18, 2018, 10:39:09 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?


I don't think like you say, not all ico scams
of course this is through the process of experience in every want to invest in ico, analysis and make research required.
well my question, then why did you join the ico project campaign?


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: BUK2016 on November 18, 2018, 10:48:46 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
The said situation has not change and will not change until regulation into cryptocurrency see the light of the day. Many investors still fall for those fraudulent ICOs out there because of their inability to research into the project they choose to invest with. Until the investors have a re-think about read through the whitepaper before invest with the ICO they will in many case be scam. So, research into the project and read the whitepaper also, double check their RoadMap for the journey so far; before invest.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: owlman on November 18, 2018, 10:54:18 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Some people invest in fraudulent ICO projects because they are not aware that this is a hoax. The fraudsters have become very isobritetal and difficult to distinguish from this project, which has serious plans and great prospects. Now the situation has changed a little, but only because the total demand for ICO projects has decreased.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Arcanefist on November 19, 2018, 11:13:06 AM
We cannot be sure that ICO is true. It may have good team and good plan, but it may turn fake in every second. It is something similar to mining field.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Hiylchis on November 19, 2018, 01:52:13 PM
Lack of knowledge is the only reason. There is no other way to explain this situation, because sometimes fraud is extremely obvious.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: mastersay on November 20, 2018, 02:47:38 AM
The people tend to invest in the scam ico because the reason is that they do not know if they invest in a legit or a scam ico. They believe only on the features listed on the web address without looking further.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: judyrob on November 20, 2018, 02:58:57 AM
ICO scam and not quite similar and it's already trapping many people. the scammers are getting clever manipulation of the ICO to be a goldmine for them easily without having struggled to work. of these at least to do a lot of people are always careful and selective in the ICO because scam remains unnoticed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Mhd-Bobbi on November 20, 2018, 03:02:31 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Many do not know which ico is scam and where ico is not a scam, and many fall into the wrong ico, namely the need to do research with their own minds, so that they do not experience disappointment with ico scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: libert19 on November 20, 2018, 03:08:53 AM
Well if they knew ICO is fraud then surely they would not invest in it, who would want to lose money? Thing is they get manipulated to do it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Nasonn on November 20, 2018, 04:06:40 AM
To my knowledge people don't knowingly invest in scam ICOs, it's usually done out of ignorance and I believe no one will invest in a coin which is obvious that is a scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: laoou on November 20, 2018, 04:13:40 AM
People who invest in ICO usually dream of getting rich overnight. There are more new investors here. Many newcomers don’t know what to enter the cryptocurrency. They only know that ICO can add a few zeros to your asset mantissa. The ICO recession represents the whole. The reduction of investors in the cryptocurrency market.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Ruffian1314 on November 20, 2018, 04:26:50 AM
Because i think mostly of these people are newbies in this industry and they don't bother researching about the ICO project they are joining so thats why scam ICOs are still keep increasing. I hope people will learn now on how to study and research the project before joining to avoid scams.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: mapsi on November 20, 2018, 11:50:57 PM
There are too many scam icos and people investing these scam icos because they dont know about that. No body can not be sure about any ico. Because we are not seeing or meet these guys. We are only doing research  with their websites and telegram groups.
Because of that always there are some investors who investing scam icos wrongly and they are loosing their money .


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: batang_bitcoin on November 21, 2018, 12:28:30 AM
To my knowledge people don't knowingly invest in scam ICOs, it's usually done out of ignorance and I believe no one will invest in a coin which is obvious that is a scam.
Yes, they don't know that they are investing to a scam ICO.

They don't do research on where they are investing and that's the sad fact that's happening and even during the past. But now I think it has reduced, people learned that there are tons of fake ICOs that are aiming to gather money through investors even without execution of their project after creating a token.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Hueristic on November 21, 2018, 02:17:46 AM
Sheeple are just generally morons that follow the herd and do not make the effort to research for themselfs so they set themselfs up for getting fleeced.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bellaayu on November 21, 2018, 02:50:49 AM
I think they don't go back to check because they only follow others and are lazy to do research. ICO fraud is indeed very difficult to know and of course, this makes many people suffer losses. And we must be careful and always do research.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Xtinah on November 21, 2018, 02:55:36 AM
It's not like they intentionally invest on scam ICo's, many people wouldn't know until the end of the ICO. Some ICo's although spells scam from the beginning but lots of people are insensitive about it, they don't research on it, they just invest and get scammed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: wuyangbo on November 21, 2018, 03:12:19 AM
Often the fraudulent ICO will make investors feel that profits are high, or they will create some hype news, such as trying to make their projects and celebrities have a little relationship. Usually there is only one reason people are cheated, that is the greed of human nature.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Devawnm367 on November 21, 2018, 03:13:01 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

You never know if an ICO is a scam until after the token sale. Some teams come up with amazing ideas and never end up reaching their softcap. But do to time and  marketing and etc go in the whole a certain amount. Other teams take advantage and plan to scam from the very start. If you only raised $200,000 all that covers is advertisement and marketing. You have to pay these people something. If thats all that is raised they have to use it to pay. Just because a project does not succeed does not mean it is a scam. There is a diffrence, I for one won't invest in ICO unless ATLEAST the softcap is reached!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: senyorito123 on November 21, 2018, 03:22:45 AM
There is no investor's who want to scam the money they invest the problem is there are some investors who did not do research before they invest in a projects,or maybe they are engage to there advertisements because scammers is using people to advertise there project into the social media's to attract investor's,and also scammers now is very wise smart very hard to detect the scam projects these days we will know that the project is scam after there tokensale because they run away.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: tapaibuccok on November 21, 2018, 03:37:29 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
not all ICOs are scams, there are some ICOs that are truly legit and profitable for investors even though they have not managed to collect hardcaps, Localcoinswap is one of the very profitable ICOs that I have met in crypto since I joined here, and hopefully EOSEX is also like that


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Annieluvyou on November 21, 2018, 03:40:41 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
You were asking why, I believe that because the investors didn't know that the project they invest on is a scam project.
I don't think the investors will put their money if they do know that the project they put their investment is a scam, i believe they will avoid to do that.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Kelvinikke on November 21, 2018, 03:42:11 AM
Well sometimes this is very hard to believe that people get scammed in such ICOs but i think we can attribute this to the greed of some human beings with respect to gains. These scam ICOs offer very huge bonuses and promises huge returns on investment and most people get swayed away by it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: taguig on November 21, 2018, 03:52:58 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

No one in his right mind will invest if he knows that what he is investing is a scam ICO, these scam ICO are getting  better and better imitating the real and legit ICO, but now people can easily trace who is legit and who is not, maybe next year the number of scam ICO will be much lesser.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bayu7adi on November 21, 2018, 04:02:40 AM
according to my knowledge, people who invest in ICO are people from different backgrounds, there are those who invest only because they want to make a profit and also among them, who invest because they are familiar with the team or developer concerned, and invited to invest with a high income after entering the exchanger
but in fact, money can beat our relationships as friends, whether it's friends in the real world or cyberspace


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: BruceJu on November 21, 2018, 04:04:39 AM
As the current ICO scam has become more sophisticated and seems to make investors more profitable, many investors have lost their property due to blind investment!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: cryptowolfsu on November 21, 2018, 11:58:12 PM
People are investing in ICOs to make profit , but at the moment of investing they are not aware
of scam ICOs as we can realize that only in the  later stages. This is why we have to make our own
research and invest only in perspective projects with great team.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: wattson on November 22, 2018, 12:43:48 PM
One should be very careful when choosing ICO nowadays. So much scam and so much week projects on the market today. Investing in ICOs became very risky in this year. Where is my lucky 2017?  :'(


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: iwah on November 22, 2018, 12:53:06 PM
I believe no person will knowingly would want to or will invest in a scam ico, most people who invest in an ico did so because they don't know, its either they don't do research very well or because they are greedy.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: abubakar.tapo on November 24, 2018, 02:18:31 PM
People believe and invest in a fraudulent ICO for a simple reason - this is human greed. Indeed, ICO projects can bring huge profits. The greed of people often leads to gains and success, so people resort to a certain risk in their decisions and steps towards quick earning. Risk in crypto is faith in ICO projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ninetimu on November 24, 2018, 03:04:58 PM
Should I sell a crypto now?


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Sendi blackspade team on November 24, 2018, 03:08:06 PM
in fact no one believed, they were just fooled. their cheating is very invisible. That is why there are investors who are not very careful in analyzing projects and can be fooled into a project scam. as well as bounty hunters, it is indeed very difficult now to choose the ico project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: raptorez on November 24, 2018, 03:10:41 PM
Because it is in such projects that there is a lot of PR, as well as a very serious team of marketers who know how to hook people’s mind very much and try to work with it increasing the conversion.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: uralcryptocoin on November 24, 2018, 03:16:43 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

The situation could be changed if the government regulation will be. Will it good or bad - who knows. And indeed is it really needed? Now ICO-world is like wild wild west. Just a chance to get fast profit


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: KuromaYoichi on November 24, 2018, 03:20:14 PM
That's because most people here are new to investing and i am sure that they don't even know what project they invest in, most of them only listen to youtube and someone says this is a good project and believe it immediately, same with shill post on telegram and other source. If people bother to check the project first, they will find a lot of red flag that will prevent them from getting scammed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Ini35 on November 24, 2018, 05:02:24 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
If those who fell victims of scam ICOs knew they were scam, they would not have invested. I was once a victim of this, but that made me wiser and helped to to be able to decipher more between genuine and scam ICO. Sometimes, one does not need to be afraid when taking some steps, but you must have also done your research. So many of these scam projects have also made their money, but it's high time we did not allow them again.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: berstabfido on November 24, 2018, 06:46:07 PM
What to buy now?


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: fedben on November 24, 2018, 06:51:59 PM
No one wishes to invest in a fraudulent project. If I know a project will appear to be a fraud thereafter, I would not be so daft to invest in sch project. No one really knows whether a project is a scam at the onset. One just needs to be wise enough not to fall into their trap.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: baeva2 on November 24, 2018, 07:11:44 PM
People believe and invest in a fraudulent ICO, because today it is difficult to understand where the fraudster is. Scammers skillfully make themselves real.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: juanda on November 24, 2018, 08:50:58 PM
There is no one who wants to invest in ICO scam. All who invest in ICO scam because they don't directly ICO scam with good ICO. I think like this, there must be special treatment immediately and until now this situation has not changed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kliown on November 24, 2018, 11:30:42 PM
I think that people just want to make a profit and still believe in ICO, as beautiful pictures with beautiful inscriptions and the opportunity to get three times more just by giving for example $ 100 for three months. I don't understand why people still invest in ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: oper802 on November 24, 2018, 11:42:13 PM
in fact no one believed, they were just fooled. their cheating is very invisible. That is why there are investors who are not very careful in analyzing projects and can be fooled into a project scam. as well as bounty hunters, it is indeed very difficult now to choose the ico project.
That's true. If someone knows that the ICO is a scam, then I think it's impossible for her to invest. They did it because they don't even know that the project is a scam, we know that it's very difficult to know whether the ICO is a scam or not now.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bling-bling on November 24, 2018, 11:51:06 PM
That's what we call taking the risk. I don't think investors would ever know if a project is fraudulent or not in the first place. Coz if they did, why would they even invest into something they knew would be a loss?! This is simple logic and common sense.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: nipenohy on November 25, 2018, 02:33:58 AM
The very moment to buy?


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: maligu on November 25, 2018, 06:22:02 AM
This is usually caused by greed, and human greed can get you into trouble and lose your judgment. Investors who are still investing in ICO are crazy, and they imagine the market will get rich overnight in 2017.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Nikolas_the_Wonderworker on December 07, 2018, 05:53:07 PM
I agree with you that in cryptography we need knowledge. At the same time, I feel that I need to conduct day trading. Who ventured and invested, are millionaires today. Patience and time are key here. This is a great opportunity to invest in the crypto market today, when the price of ethereum has fallen to a two-digit value - $ 91.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Psec on December 07, 2018, 06:17:48 PM
No one in his right mind will intentionally invest in something that he is sure of failing. Most of the time when people invest in such platform they do so with the hope of making money from it but the issue is that most investors don't do thorough research about a project before rushing to invest their hard earned money into it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: fathur01 on December 07, 2018, 11:53:29 PM
I have always been surprised that people continue to invest in new fraudulent projects or new financial pyramids and convince themselves that they are right and this is really the best product in the world.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Lexurdania on December 08, 2018, 01:35:39 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People get scammed because they not doing a research first before making investment. I am believe if they make research, they can not being scammed. I dont think right now situation change because there is no regulation about ICOs and scam ICOs can happen again


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: iyah adrian on December 08, 2018, 03:02:52 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People get scammed because they not doing a research first before making investment. I am believe if they make research, they can not being scammed. I dont think right now situation change because there is no regulation about ICOs and scam ICOs can happen again
That's what often happens, people may be tempted by the project or the bonus they get. You are right, people who want to invest should certainly examine the entire ICO project. In order to avoid further fraud in the future.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kendedes on December 08, 2018, 03:38:43 AM
I believe that is because they don't know that the project they invest on is a scam, or in another word they believe that the project is legit so they end up making an investment in that project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: cattano on December 08, 2018, 04:25:51 AM
Most probably the investors that put their fund in that Fraud ICO is because they got tricked, and perhaps it came from new investors who still doesn't really understand how the cryptocurrency work, and still don't have enough experienced to filter any good or bad project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bagikoin on December 08, 2018, 04:31:47 AM
If they could predict or know the ICO a scam then there certainly will not be investing in it. It could be that they invest in ICO scam because it is very similar to the original ICO and could thus not doing research on the ICO that they wish to follow. If it can do the research well certainly it is most likely a scam could have been avoided.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: airdropcoin on December 08, 2018, 06:13:50 AM
The number of people investing in ICO should be very small now, and the cryptocurrency market has entered a cold winter. I think most of the people who invested in ICO before because of the miracle created by ICO in 2017, the basic investment in 2017 has made a lot of money. But the market became bad in 2018. All many new investors are easy to be cheated.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Dilireba on December 08, 2018, 07:15:47 AM
Because scammed people don't know it's a scam ICO, they don't have enough information, don't make their own research, or the scam ICO is just too smart to lie investors that they are real and good project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: malading on December 08, 2018, 08:37:07 AM
Such investors are all newcomers, and they fantasize about getting rich overnight. Because they know too little about cryptocurrencies. Being cheated is normal, and there are a lot of scammers here. So now ICO is usually a novice.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Robbie2334 on December 08, 2018, 09:18:25 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
:because they want quick results without thinking about the risk of what happens later.
usually this happens to beginners


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: uniquark on December 08, 2018, 09:33:20 AM
I believe that is because they don't know that the project they invest on is a scam, or in another word they believe that the project is legit so they end up making an investment in that project.

Currently many people invest in ICO projects without reading much information about the project, few people read their whitepaper. There are people who only listen to the advice of others but do not know the purpose of the project they invest


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: chip1994 on December 08, 2018, 09:37:48 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I think this current time when the bearish market still not come to an end, the Token sale of every ICO project cannot reach soft cap or hard cap due to the loss of the trust about future of ICO project. So that I think 2019, ICO will die if the market not recover.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Negdan4ik on December 08, 2018, 10:52:09 AM
in my opinion, no one knows in advance what will happen to the project in the future and certainly fraudsters whether it is so much to lose, and scammers earn on it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: hovrah on December 08, 2018, 11:02:41 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I think this current time when the bearish market still not come to an end, the Token sale of every ICO project cannot reach soft cap or hard cap due to the loss of the trust about future of ICO project. So that I think 2019, ICO will die if the market not recover.
The fact is that today, not only because of the large number of fraudsters in the company's ico market, but also because of the poor state of the cryptocurrency market, many investors left to buy coins on the stock exchange, and not during the company ico. This also adversely affects the development of new projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: passwordnow on December 08, 2018, 11:11:02 AM
They only know that when you invest to ICO, after the crowd sale, their money will multiply.

And this mindset has been spread and misunderstood by the new investors. They saw success to the early investors so they trusted it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kethan on December 09, 2018, 10:31:58 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

We can not be sure that the ICO is true. He may have a good team and a good plan, but it can turn into a fake every second. This is something similar to the extraction of minerals.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: liuqi on December 09, 2018, 11:14:53 AM
All the peoples are normal human being so they don't know how the future market will move.  But investors are must research the potential of project, This year many projects are failed and most of the altcoins are died so peoples are panic in ICO participation. My suggestion is you are check the softcap and hardcop, once it will reach softcap it will make good profit.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Dacosta Osei-Tutu on December 09, 2018, 12:23:53 PM
Most people still invest in ICOs because of the high returns some people made from ICO investment in 2017 but unfortunately ICO investments is no more profitable because their prices fall drastically when they get to the market


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kisfoxs on December 09, 2018, 01:27:51 PM
They are still investing in the ICO project, of course, because it still makes a profit. But many people are not responsible for their work such as running an ICO project. Hopefully, all those who invest will certainly not want to get a fraud project. I think this cheat project is very difficult to detect. But these investors or bounty hunters have no intention of promoting fraudulent projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: 10BTCaDay on December 09, 2018, 02:18:28 PM
Because scammed people don't know it's a scam ICO, they don't have enough information, don't make their own research, or the scam ICO is just too smart to lie investors that they are real and good project.
I agree that it is always mainly the fault of investors. because they do not do project analysis. but now people have become smarter.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: clickerz on December 09, 2018, 05:15:45 PM
People invests because of a promise of a great return. But that is not always the case  nor the outcome. People invests because of a great project, but this is a long term projection. Along the way a project may halt and  you lose again. A promised to gain more profit always entice an uninformed investor, its good to always read fro other sources and weight in some options.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: memFISTO on December 10, 2018, 10:10:10 AM
People want to get rich, and nothing it does not do. I mean, there's no way to get rich without doing anything, and it is obvious to the majority of traders worldwide.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: fuer44 on December 10, 2018, 10:13:13 AM
because the initial concept of all existing ico is indeed very interesting. starting from the whitepaper to the road map, it will definitely make everyone interested in investing. only, there is no guarantee that ico will succeed at the end of the period or not at all. therefore, ico investors cannot be blamed, knowing that ico is a scam or not is very difficult at the beginning of the period.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ryanfromrethink on December 11, 2018, 07:10:21 AM
Lack of knowledge - the only reason. There is no other way to explain this situation, because sometimes very obvious fraud.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: jayendo on December 11, 2018, 07:29:54 AM
People are greedy. They heard the story of BTC and believe that each token can be as popular as BTC.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: brixbounty on December 12, 2018, 10:03:56 AM
I think that investors of such projects are people who are eager to earn more than they think about the safety of their funds. This leads to the fact that the scammers collect huge sums and hide with them. But now the market is getting older and the current situation due to the lack of quality ICO makes investors carefully analyze projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: DeltaX on December 12, 2018, 12:58:46 PM
Because scammed people don't know it's a scam ICO, they don't have enough information, don't make their own research, or the scam ICO is just too smart to lie investors that they are real and good project.
I agree that it is always mainly the fault of investors. because they do not do project analysis. but now people have become smarter.
Alright and so many people are aware about this situation and they will do any analyzation to determine how good the projects are. As you can see with the increase of the scam icos and that created so many smart people at the same time.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: CryptoCoinArbitrage on December 13, 2018, 11:44:01 PM
Even experienced investors can be scammed as they do everything to look like as it should ( website, WP, roadmap etc ).
This is why we need regulations to stop these scammers to raise funds and disappear without consequences.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: 24Kt on December 13, 2018, 11:49:18 PM
Even experienced investors can be scammed as they do everything to look like as it should ( website, WP, roadmap etc ).
This is why we need regulations to stop these scammers to raise funds and disappear without consequences.

Usually, a particular investor will just be surprised after those scammers are gone. When they were promoting their project, everything seems alright, legit and something was really going on. But once they got the money and overwhelmed by greed, then, you know what's next??? Running, hiding away from investors. And those investors invested because they did believe that they will get something out of it. And in the first place, no one can say at the very early stage that they are fraudulent, only at the later stages, once the dust settled in.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Pepito Manaloto on December 13, 2018, 11:58:55 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
First of all, it is hard to determine at first whether a project is a scam or not. And maybe, people are getting fooled by the popularity of the project itself due to the promises and the potential that they are seeing to the project itself. We really can't blame those who were fooled because it is profit that we are talking, and money itself makes every people foolish.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: missyqt29 on December 14, 2018, 12:37:16 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

We cannot really blame those who supported scam ICO because they will not knowingly support scam ICO in the first place. We are being tricked by those scam and what we need to do is to be observant and use our sentiment and fundamental analysis of the ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: marksayson on December 14, 2018, 12:57:00 AM
It is because most people are longing to have a million money in their pockets overnight without thinking the possible risk on making investments that you didn't even know their backgrounds. This has not change until now.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: biznes35 on December 14, 2018, 06:13:44 PM
How did you decide that a particular project is fraudulent? If people knew that a particular project would be fraudulent-they would not have joined it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Slark on December 14, 2018, 11:54:53 PM
I have always thought and still think that people invest in fraudulent ICO, and in general in ICO, in order to make a profit, a large profit in a short period of time.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Burogh on December 15, 2018, 01:54:53 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

At first time join in some ICOs, we are speculating our money in good project. Right now this thing change because market drop to deep and most cryptoinvestor drop the value on their portfolio. Many crypto investor prefer wait and see in market because high volatile looks not end yet


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: pabpete on December 15, 2018, 01:59:29 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I do not think so much money could be collected by the scammer. Often during the money collection they overstated the collected amounts even several hundred times to look more credible.
People invested in scams mainly because they don't know how to make research about the project credibility.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: TIDOVEE on December 15, 2018, 02:04:10 AM
Should there be anyone who knows a project is a scam and go into it?
No one should in the right sense "believe" in a scam project. Most of those people also fall victim of those project. Probably because they can't recognize the genuine one. I have also been a victim of one or two at early time.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: shooleh on December 15, 2018, 02:10:40 AM
ICO cheating is very difficult to predict and I always do my own research. Maybe it was because they were unlucky so the ICO that followed was actually very promising but in the end, they cheated. And I and everyone certainly don't want to get ICO cheating.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: nekorakoeora on December 15, 2018, 03:14:12 AM
many are not aware that they are entered in the ICO scam. This makes the scam could easily raise funds because there are not many who do research with certainty. or even because the fraudster is too clever so that could make the scam seems like similar to the original ICO and it is difficult to distinguish.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bummm on December 17, 2018, 05:47:25 PM
People want to get rich, and nothing it does not do. I mean, there's no way to get rich without doing anything, and it is obvious to the majority of traders worldwide.

Many people want to get easy money and do not even study a project in which they doing investment. Unfortunately now the situation has not changed.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: bce on December 17, 2018, 05:58:08 PM
people or investors still have very big confidence by following ico and of course these investors already understand and understand all the risks that will be obtained


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Yalovtsev on December 17, 2018, 06:01:51 PM
Well, firstly it is not so easy to understand what kind of ISO is fraudulent and what is not, you need to study a lot to determine, but any good ISO, in total about several factors can become fraudulent, although it was originally planned as a successful project,and in such a market as now, the number of such projects will increase


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: legenduim on December 20, 2018, 02:24:02 PM
Well, firstly it is not so easy to understand what kind of ISO is fraudulent and what is not, you need to study a lot to determine, but any good ISO, in total about several factors can become fraudulent, although it was originally planned as a successful project,and in such a market as now, the number of such projects will increase


Now it is very hard to stand out in a crowd of scammer. Too many companies and every person want to earn money. Besides people doesn't want to lose their time to learn about companies and trying to catch something tasty from ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: wdnj on December 20, 2018, 02:29:09 PM
More people in the community are being so greedy and not doing the research and studies.
they are just seeing the hype in the market and community and not doing the resourceful way.
We need to be careful by knowing everything in the team and the project. never let your guard down in any project ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ronnis.gomes on December 20, 2018, 02:29:24 PM
The question is not why people invest in scam projects, but rather how to prevent people from investing in these projects, since it is often very difficult to "separate the wheat from the chaff" and find out that a project is a scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: wavesroom on December 20, 2018, 02:34:56 PM
a major example of ICO fraud is the Centra project, which raised $ 32 million and was promoted by celebrities such as Floyd Mayweather and DJ Khaled. In April 2018, two project organizers were arrested


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Olalomi on December 20, 2018, 04:32:50 PM
Most of these ICOs hide under the pretext of being genuine and got good ratings from the so called ICOs review sites of which an unsuspecting investor might not know that its a fraudulent ICO until they collected all investors funds and run into thin air well regulation is absolutely the way out of curbing those excesses by those ICOs.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Rindertiger on December 20, 2018, 04:41:15 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Newly launched ICO are not known as scam immediately. Scammers are always trying to improve their scams and make it more realistic to catch investors. For inexperienced investors it works, but experienced will notice most scams and not invest.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: axel2078 on December 20, 2018, 04:53:15 PM
We only detect ICO scam when they finish ICO or dev team disappears on all social networks. No one wants to invest in ICO scam and it causes the market to fall down like now. I myself have invested in many ICOs in 2018 and I also got a lot of bad results


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: AristoteI on December 20, 2018, 05:00:42 PM
I think that the situation with the ICO market has already begun to change very actively in a positive direction - this is due to the fact that now there are a lot of mechanisms that do not allow scammers to develop their projects, and therefore more honest and real projects will appear on the market.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: masterfu678 on December 25, 2018, 11:13:08 AM
First, the average level of people who came to this industry is quite low, they came here for the money, and such minds are the easiest to influence, because they show money and luxurious life and they bring you money.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: MikeyVeez on December 25, 2018, 11:14:32 AM
Because people believe in free and easy money, because these ICOs give them hope, that one day their lives will change.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: whaawh on December 25, 2018, 11:45:30 AM
Because people believe in free and easy money, because these ICOs give them hope, that one day their lives will change.
In fact, most of humanity lives below the permissible level, and almost half of the world's population is generally below the poverty line. That is why people are trying their best to earn as much as possible with real opportunities.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: cribusen on December 25, 2018, 11:50:40 AM
Because there are too lazy to understand that the very profitable times of the ICO market have passed. Nowadays you need to invest a lot of time and effort to find a really good ICO that is legit and that will give you great profit.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: TIDOVEE on December 25, 2018, 04:21:16 PM
Many people cannot differentiate fake ICO from the real.
And therefore fall victim unwillingly.
So many fake ICO are available, though becoming controlled by now. Because it also took me quite a long time to identify it too.
I have fallen victim sometimes too, till I made research on how to identify genuine ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: sehoon on December 25, 2018, 04:51:08 PM
It's not that they believe those fraud ICOs. They only got tricked by it since the people who invested in that just didnt read the whitepaper. We should be aware of a fake ICO by reading whitepapers because from there, you can already sense that there is something wrong with the project. Mistakes like wrong grammar is one of the most common mistakes of fake ICOs


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Svarora on December 25, 2018, 05:04:08 PM
Its not about believing but all about pure malebeting. Some the initial intention is not fraudlent but when they fail to raise fund the intention also got dejected. In some based they just make duplicate id successful pepisoh and then ran awal. Because all this is online so its easy to do all this.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: EducoinVietnam on December 26, 2018, 07:52:52 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

You probably did not invest at a time when fraudulent projects created a website and white paper of such high quality that even real projects with a working product could not afford it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Barbatos on December 26, 2018, 08:40:08 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

It is easy for us to talk about scammers now, because they have become lazy and started to create such a bad product that even beginners can understand where the scammer is and where the real project is.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: TamaraKul on December 26, 2018, 09:08:34 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

When there was a rise in the crypto-currency sphere, people invested there purely because of interest and the most interesting thing is that some fraudulent projects really brought profit to the first investors.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: gowobonyok on December 27, 2018, 12:11:32 AM
because at the start of the launch of ico, it was very difficult to know whether ico would scam or succeed. people invest only based on their analysis by looking at the whitepaper, road map and the ico concept that will be launched. so it's very difficult to know what will happen in the middle of the period and at the end of the period. the launch of the ico should be monitored again until the end of ico to the market exchange.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: PanGiMoon on December 27, 2018, 12:44:41 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Because people are always looking for a freebie, and ICO until recently gave very easy money and people could not stop in the pursuit of profit, now realized that the topic is unprofitable


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: megaplage on December 31, 2018, 08:19:47 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People believe in the idea of the project and that he wants to achieve something, but not in a fraudulent project. I knew he would, it is a fraudulent project, would never in my life will not suffer them your money.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Khiceog on December 31, 2018, 08:40:33 AM
You probably have not seen the quality of projects from scammers. Sometimes it is a head better than the real projects. And you're talking about how and why people go in there... Look, and then you talk.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: florac9 on December 31, 2018, 08:57:12 AM
No one would like to lose when investing but lack of understand and doing some researches that's why many blindly invested in projects that turns scam,sometimes when you are in too hurry to make money it might leads to losing


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: flemmings02 on December 31, 2018, 09:03:01 AM
Lack of proper research, most people do not conduct any research about the project, team and whitepaper they just invest in whatever ICOs they come across and think it will bring gain.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: boller on December 31, 2018, 09:09:00 AM
There are still many people who easily experience fraud in ICO. While this continues to be sustainable it will be reasonable when ICO is seen as something bad and led many projects to fail. When want to do research on early before entering on the ICO could for this certainly avoided but unfortunately many have done wrong or not right in choosing.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: siupang2 on December 31, 2018, 09:15:08 AM
Well not all investor have knowledge about this world (crypto world) they just came for easy money. They still think if we join an ICO we will get a lot of money from it but in the reality is most of ICO now are scam only few that legit but still unknown by others.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: DeltaX on December 31, 2018, 09:43:55 AM
Lack of proper research, most people do not conduct any research about the project, team and whitepaper they just invest in whatever ICOs they come across and think it will bring gain.
Definitely, also there's some people that are dumb enough to believe strangers they just met so that could be counted as stupidity.
However if people who lacks research know that the ICO is fraudulent they wont invest there, it's all about gaining information.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: jakagintiri on December 31, 2018, 09:55:01 AM
Well not all investor have knowledge about this world (crypto world) they just came for easy money. They still think if we join an ICO we will get a lot of money from it but in the reality is most of ICO now are scam only few that legit but still unknown by others.
Yes, it's true, this year's ICO really made investors dizzy, because so many ICOs were born this year. It is not easy to select a legitimate ICO. Because there are a lot of ICO who cheat investors this year, hopefully next year there will be strict regulations to crack down on fraudulent ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: SaRmY on December 31, 2018, 10:53:49 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Why people invested. Because they wanted to earn. We considered the project interesting and invested money in it. Yes, the scammers need to do something. Difficult situation.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: killat on December 31, 2018, 11:37:42 AM
People are usually too naive and believe beautiful stories behind nonsense projects. (Ex: Bitconect, OneCoin etc).

Even after the project shut down, the coins were still worth a few dollars for quite a while, and now even though they aren't listed on any exchanges, the value seems to be stuck at few cents, but in actuality completely worthless.

I think in 2018, we're going to see quite a few shitcoins go to zero. Especially after SEC brought down the hammer on ICOs


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: debby070 on December 31, 2018, 12:04:33 PM
If they know that the ICO is scam, they've wouldn't invest at the first place. That's quite simple, also without the proper research, investors are mainly investing in fraudulent ICO's, its really advisable to study first if we are an investor, or have someone who is expert to tell us in what project is good to invest.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: panjay on December 31, 2018, 12:08:25 PM
huh? I'm not sure about a scam that raises 1B$..what ico again?

but sure people invest in scam like bitconnect. People see other people that they know got profit by invest in this kind of scam (bitconnect), they see a real profit, they just turn greedy.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: coin-investor on December 31, 2018, 12:10:59 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

If they knew that these are scam sites, they will not invest on this kind of ICO's but unfortunately, they are good at imitating good ICO and so these scammers have been able to perpetuate their scheme or plan, but now investors are wiser now.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: sempak on December 31, 2018, 12:15:38 PM
The factor of education that is lacking in my opinion is that there are still many people who are still investing in ico and this should be changed. that now there are so many ico that are declining


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: atjiat on December 31, 2018, 12:17:44 PM
The factor of education that is lacking in my opinion is that there are still many people who are still investing in ico and this should be changed. that now there are so many ico that are declining
For the cryptocurrency market, the scope of activity of ico companies is very important, because it is precisely because of this that new projects can develop. On the ico market, companies need to be controlled in order to reduce the percentage of fraud.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: karsy on December 31, 2018, 05:56:20 PM
The situation has changed in this year. I think that investors became more careful. As for me, I stopped investing in ICOs at this spring, the last one was XYO. I have small profit there. It is better to buy tokens after listing on exchanges.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: senin on January 01, 2019, 08:11:53 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
ICO fraudulent projects do not indicate that they are fraudulent. They assure the prospects of their ICO project, the documents are drawn up very well, investors do not have the opportunity to verify the sincerity of their intentions, no one, as a rule, has the opportunity to check the ICO team and therefore many investors have nothing to do but trust them. ICO activity is carried out through the Internet, no one sees the team itself. This is a good opportunity for fraud.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: shoupengyangguang on January 01, 2019, 08:20:39 AM
For ordinary traders, it is difficult to find a 100% real ICO project. I think most people's investments are more like speculation. This also makes it easy for ICO fraudsters to raise funds.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: vennz17 on January 03, 2019, 02:23:58 PM
of course because the person is not careful in determining the ICO. people are currently following the ICO because they expect big profits from there. if I have assets, it is better to buy altcoins / tokens that are already listed in the market and have cheap prices at this time. because it could be the price will increase at the end of the year.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Evushko on January 03, 2019, 04:34:52 PM
Yes, because people do not always understand fraudsters or not, and there is also a chance that he will go and everything will be fine!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: mr.robot8 on January 03, 2019, 05:25:42 PM

because before the investors perhaps they were more imprudent and with the hope of a quick gain they did not do enough searches / controls on the icos, but with the bear market the investors are much more careful and they think twice before investing


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: chriseasan on January 03, 2019, 06:26:58 PM
I do not think that people who believe in crypto currencies and invest a lot of time in this industry and contributing to the scam projects. Be careful and research each project before taking part in it and everything will be great.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Gryphet on January 03, 2019, 06:37:31 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
I also wonder what is the project which has collected so much money , but I can say that there are projects that are well organized and the team is open but anyway the project is cast and not doing anything that most of the projects does


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: dumplingsandsushi on January 03, 2019, 06:40:25 PM
Obviously, they invest because they don't think it's fraudulent.
No one will invest in something if they know its a fraud.

They don't think it is a scam for many reasons.
I would say the main reason is because people are greedy and lazy.
They hear the hype and fomo and don't think things through.
So they end up making hasty decisions without doing due dilligence.
I would say that any reasonable person who does their fact checking and research can easily avoid scams.

On another note, where did you get the 1 Billion number?
It sounds made up.  In investing, it is not wise to base your trading decisions on made up numbers.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: allohha on January 03, 2019, 06:46:50 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
I also wonder what is the project which has collected so much money , but I can say that there are projects that are well organized and the team is open but anyway the project is cast and not doing anything that most of the projects does
Today, by chance, today we can give a lot of examples of such projects, where everything was open and any information was available. I even analyzed the information and studied all the team names of certain companies, anyway, many users and investors could not avoid fraud.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Binauf on January 03, 2019, 06:54:54 PM
Nowadays people have become more aware of the scams in the ico space even though we still have a partial pump in that space. However, most people were not really interested in the problems ICOs were looking to solve, they were scammed because they only wanted to flip their investments.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: anggracoin on January 03, 2019, 07:04:36 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
not all ico do cheating, lots of ico that give big profits to investors , it all depends on our skills , investing in our ico must be really careful because investing in ico is very risky, my advice if you don't have skills in ico don't invest in ico


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: UniversityCoin on January 03, 2019, 07:35:59 PM
For ordinary traders, it is difficult to find a 100% real ICO project. I think most people's investments are more like speculation. This also makes it easy for ICO fraudsters to raise funds.

The easiest way to deceive a person is to promise him a good salary. People in the pursuit of large profits lose all caution and are ready to invest in the most risky projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: DenysM on January 03, 2019, 07:51:53 PM
They want to get a quick profit but do not study projects and do not have investment experience. That is why only accredited investors can invest in the USA and China.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: sergeykravchenko1959 on January 03, 2019, 08:01:10 PM
The sphere of cryptocurrency attracts people with its opportunity to get a good profit in a short time. Investing in ICO projects is an opportunity to multiply your investments. But wherever there is a big profit there is a big risk of losing your money. Therefore, you need to carefully study the projects in which you are going to invest.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Ini35 on January 03, 2019, 11:03:35 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
The rate at which ICO PS are being lunched is alarming. Although, this was so numerous in 2018, but we do not yet know what will happen in 2019.
I am looking forward to the time that the ICOs lunched in the crypto space, will be free of scam and investors will have the trust to invest
We are yet to say if they have reduced, but investors have to do their research before venturing into any investment.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Prohodimec on January 03, 2019, 11:56:59 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
I think that now people are more careful about the analysis of the ICO, before investing in it. But scammers have become more inventive and it is not always possible to understand until the last, whether it is a good ICO or not.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ronwewee on January 04, 2019, 03:05:02 AM
Basically, not all ICO's are intended to scam people. There's still a percentage of successful ICO that contributed too much in the market and the world. Still, investing in ICO is profitable but to avoid scam is difficult. I guess people believe in an ICO if they studied it well, and they are familiar with its project plan.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: elzjmirra on January 04, 2019, 03:28:48 AM
Maybe because many are not careful in determining ICO projects so they are trapped in fake ICO projects. All people certainly don't want to invest in fraudulent ICOs and now they are also good at cheating everyone. And at least we have done research to avoid fake projects.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kaizerblitz on January 04, 2019, 04:35:43 AM
Because they still believe on it and they also have believe that ICO investing will make them rich and iam also invest on it and i really scam to the point the roadmap or a plan for the project is true.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: kuverty on January 06, 2019, 09:44:42 AM
I think quick gains and moon/lambo is what brought us here in the first place. Hype catched many of the noobs, it will be a constant cycle of noobs getting burned.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: elite070 on January 06, 2019, 11:33:16 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

People today are more aware of the scam ICO's and I believe they will not going to support one. We just need to be open and tell everyone if we noticed some fraudulent ICO's.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Prolifik on January 06, 2019, 11:38:16 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Because they do not know that that ICO will turn into scam  ;D. Simple.
I will offer your invest into my ICO and at first I will say that it is a pure scam, will you invest? Ofcourse that you won´t.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: EthanKai on January 06, 2019, 12:09:53 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Investors do not normally know that the ICO they are investing are scams. If they do they would not have invested in those ICOs. In fairness, scam ICOs are getting sophisticated in presenting their project so people will believe in them. I think it is important that investors will become wiser this year so that people will go back in believing in cryptos.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Hc01 on January 06, 2019, 12:20:10 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
From a few ico, people earned big money, x5-x10 is normal for good project after ico so many people started to invest them and they thought they will get good profit everytime but in 2018 this didn't happen and people lost much money in icos.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: RockDJ on January 06, 2019, 01:03:16 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Because they do not know that that ICO will turn into scam  ;D. Simple.
I will offer your invest into my ICO and at first I will say that it is a pure scam, will you invest? Ofcourse that you won´t.
Of course it is. No one can be stupid to invest in a scam project, and they lose all the money. They only knew that the project was deceptive when they realized that the project had disappeared. No one can know in advance when investing in ICO, the most adventurous game


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: IVEXO on January 06, 2019, 01:06:05 PM
I think investment in fraudulent icos is not everyone faults

Good projects with valuable icos and strong team ended up fraudulent
Even project such as Desico with government support is also refusing to pay for work done and that is also fraudulent
We can only be careful


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Xtinah on January 06, 2019, 01:07:50 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
you are asking why people invest in fraudulent ICo's as if they knew it was scam and deliberately invested in it. Many people are not aware that an ico is scam until after they have invested although some ICo's spell scam, even as a novice you will know that a particular project is scam looking at the website, whitepaper if at all there is and some other factors, but some people still invest.... I guess some like taking risk while there are ICo's that looks very genuine but ends up being scam. Most ICo's nowadays are fake and a waste of time and money. The era of ico is gone, when huge profits were made from icos.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: jaywizzy on January 06, 2019, 01:17:44 PM
Nobody can't know that this is fraudulent project and still invest in such project. Most people that fall victims of the fraudulent are newbies, I could also remember when I started crypto I also fall victim of the fraudulent project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: jahepahit on January 06, 2019, 02:02:03 PM
those who invest don't know if ico will scam and the team runs away with all the money of investors, those who invest only look at products and planing in the future and nobody knows what the team plans, whether real to develop their products or just cheat everyone


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: hongus on January 06, 2019, 02:06:53 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Well, fraudsters have a successful year any year. There is no way to make a quality product so they simply steal our money with impunity. These events kill the cryptocurrency.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: CryptoAlphaStar on January 06, 2019, 02:08:36 PM
That's the mystery of all mysteries. Although, it is not easy to pinpoint an ICO as a scam. But a lot of them are kinda suspicious and still raise some money.
It may be money from the founders themselves, just to boost the raised money counter. We can't know that.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: dreico on January 06, 2019, 02:29:55 PM
everything is simple in the first couple you do not recognize that they can deceive you in the future, in my opinion it’s very difficult for beginners because they don’t even know about it, and the rest are just better able to analyze to avoid such situations


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: trudovik on January 06, 2019, 02:30:47 PM
The thing is that people do not have as much experience as they would like, because it is the experience today that can play a serious role in investing in a good project that really brings us opportunities.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Rengga Jati on January 06, 2019, 02:50:11 PM
Yes, probably it's true that so far, many ICOs are scam. However, why there are still many people investing in ICO?
It is because we still believe that there are still many ICOs that are legit and worthy to invest. That is why, we must be able to choose the right ICO that we want to invest.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: nikola22 on January 06, 2019, 03:06:35 PM
many scammers have a good experience and they know how to cheat people. so investors still believe to ICOs that offer good idea and return on investment.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: odukoyaewatomi27 on January 06, 2019, 03:15:10 PM
I really don't fault or blame people that invest in fake ICOs because most of these ICOs come looking very legit, it will take only an expert to realize it is an ICO. And it's not most people that have time to follow top crypto analyst, so they may likely fall for the scam. And trust me, nobody is immune to scam, it just takes the right person to do so.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: ololajulo on January 06, 2019, 03:18:55 PM
a lot of revelation came out last year how some angel investors even funded scam projects consciously to reach the softcap, the take their fund after hardcap . The claim of scam in space was very difficult to identify, thats why a lot of measure is demanded to control it. It cant be eradicated but reduced and I believe countries that show more concern to control it, will benefit from investors confidence to fund in the coming days.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: robattfield on January 06, 2019, 03:36:48 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Nobody wants to throw money. Investing in the ICO scam is losing 100% money. They invest because of being tricked, scam projects become more sophisticated. Phishing projects are becoming more and more intelligent in terms of form, organization, and scale of fraud. We should be alert in cheating on an investment project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Grechkatx on January 06, 2019, 04:06:39 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
All this is the consequences of 2017 and the rapid growth of the entire crypto currency, when any investment brought a large income. When prices began to fall, many continued to invest by inertia, now they have become smarter and more selective


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: caffu chino on January 06, 2019, 04:10:50 PM
I see all that because people follow the hype. when they see something popular they will be interested. this is the main reason why many people are fooled by the Scam project.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: babysweetTiger0401 on January 06, 2019, 04:18:21 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

Because there are many community here who got involved in different ICO project who got earned in it.
So no wonder why majority of them are still investing in it, even though its too risky to invest in there, because some or majority of the investors or
community still believed that ico this time 2019 will gonna be good in the end.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Jaggi90 on January 06, 2019, 05:08:15 PM
Fake things have good glare. All of us gets attracted to the glare and get trapped. It needs an experience to stay away from these frauds.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: BTCreward on January 06, 2019, 10:51:24 PM
I personally think that when cryptocurrencies were at their peak, people thought that investing in such projects, which offer you a profit for a couple of months in 100 - 200 percent, this is correct and this is a good option for investing their funds, only projects turned out to be fraudulent.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: clavirda on January 08, 2019, 04:56:45 AM
Every investor in the modern crypto market seeks to earn income. Therefore, it begins to invest its money in promising projects. Unfortunately, there are many scammers on the ICO market today, so the risk of error remains too high. I very much hope that in the coming years we will be able to eliminate this problem.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Abosede on January 08, 2019, 06:28:29 AM
Personally I don't that anyone will put his or her hard earn money into a scam project, many do not know what will become of an ICO before putting there money in it.People invest in ICO all in the name of making profit but these ICO turn out to be a scam if people should have the any idea that a particular ICO is a scam,no one will go close to it not matter how good the project looks


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: killat on January 08, 2019, 06:56:16 AM
Some people are just too naive, but most of the people investing in wrong ICOs do not perform sufficient research before.

Here are a few tips to be verified to avoid being scammed during ICOs:
- team's experience
- other websites references to the project
- social media activity
- milestones already succeeded
- Whitepaper


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Levious on January 08, 2019, 07:41:17 AM
Greed, the common nature of all ICO investors.
This is a very dangerous thinking. Usually this kind of thinking is caused by the cryptocurrency bull market. People will lose judgment on the cryptocurrency market. When Bitcoin is $20,000, many people think that Bitcoin will rise to $100,000.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: mbah on January 08, 2019, 08:21:18 AM
the current situation is different by the time before. many people who carelessly and get in on the ICO is wrong and this because of their own fault for not having substantial both in analyzing the ICO. so quite reasonable if encountered if ICO scam could get the funds are great because they usually make or promise great results but only fabricated just to attract attention.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: george_hured on January 09, 2019, 03:02:38 PM
Yes, this is a very correct question, because it is such questions that unfortunately arise today. It is terrible that this happens, but today it is a fact that we must study. Because we need to solve this problem, otherwise the market will die.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: emmybd on January 09, 2019, 03:10:22 PM
It is not that easy to spot the fraudulent ICOs, specially for newbie members they can easily get trapped in these projects. Initially, these scam projects do spend a lot of money for advertisement, so it is very difficult to spot whether they are legit or scam.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Jimitieu on January 09, 2019, 03:15:47 PM
It is not that easy to spot the fraudulent ICOs, specially for newbie members they can easily get trapped in these projects. Initially, these scam projects do spend a lot of money for advertisement, so it is very difficult to spot whether they are legit or scam.
The projects I know from 2017 and 2018 have now become scam, of course they succeed ICO and pay full for bounty. But after a period of operation, their project was dead. so ICO died in 2018


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: rosepetals on January 09, 2019, 03:17:40 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
There were alot of promising ICOS that make every investors blinded.Same as bounty hunters,alot of scam ICOS profited on a free promotion by bounty hunters.Nowadays there were alot of Scam ICOS that have made those people behind it instantly rich and suddenly it dissappears.Hoping these new year they will be gone and every scam projects would end.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: MOProgress on January 09, 2019, 03:18:19 PM
The answer is simple, it reason is because they don't know that it was a fraudulent ICO before investing, because  know there is nobody that will know a scam ICO and still go ahead and invest in it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: nutriagrigia on January 09, 2019, 03:21:04 PM
The answer is simple, it reason is because they don't know that it was a fraudulent ICO before investing, because  know there is nobody that will know a scam ICO and still go ahead and invest in it.
there are some ways that help to analyze projects and reduce the opportunity to get on scammers. Just need to have a lot of time


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Bagani on January 09, 2019, 03:23:58 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
At ICO stage no one really knows if the project is scam/fraud, there is no exact analysis on how to determine whether the project is legit or not. And given the fact that the project gives a lot of hype on the community. But there is one thing for sure, investors learned from these past mistakes and they will never fell in that trap again.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: TastyChillySauce00 on January 09, 2019, 03:24:40 PM
It is not that easy to spot the fraudulent ICOs, specially for newbie members they can easily get trapped in these projects. Initially, these scam projects do spend a lot of money for advertisement, so it is very difficult to spot whether they are legit or scam.
The projects I know from 2017 and 2018 have now become scam, of course they succeed ICO and pay full for bounty. But after a period of operation, their project was dead. so ICO died in 2018
Dead project doesn't necessarily means a scam project though. It is more like a natural selection, that is also ways to be an investor and finding proper investment is the harfest thing thereis because if it is as easy as warren buffet said. Everyone would be a millionaire.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: various on January 09, 2019, 03:28:39 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Dude, nobody invests in a project if it's fraud. We're all human beings and we make mistakes. You never made a mistake in your life? But now investors are doing more research, so they are less likely to be swindled.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Teraboy on January 09, 2019, 03:31:45 PM
The answer is simple, it reason is because they don't know that it was a fraudulent ICO before investing, because  know there is nobody that will know a scam ICO and still go ahead and invest in it.
there are some ways that help to analyze projects and reduce the opportunity to get on scammers. Just need to have a lot of time
And spent all of the time to get a lot of information from the various sources. So far it will need a lot of time to identifying an ico. But it's much better rather than randomly speculating an ico if that was including in a good list of ico.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Spider A4 on January 09, 2019, 03:46:13 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
Don't judge good ico project only depending by millions and billion raised. Because i know that some projects which raised 50 millions dollar but this is fraudulent scam project and investors lost money. And many project saying they raised millions dollar it just for marketing strategy i think.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: popolite11 on January 09, 2019, 03:47:02 PM
Fake things have good glare. All of us gets attracted to the glare and get trapped. It needs an experience to stay away from these frauds.

Oh, yes. Unfortunately, some projects turn to be something like Christmas tree decorations. The holiday is over, and they become useless, even turn into trash. You have to be very cautious and attentive when choosing an ICO.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: overnight03 on January 09, 2019, 03:49:26 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
They invest just because they want to make a profit, nobody knows that the project will be a scam, if they know ,they will not invest, investment is always risky!


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Pontorez on January 10, 2019, 04:46:59 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I do not think that someone purposefully wants to give their money to fraudsters. It’s just that many of us lack the knowledge and luck to avoid such deception. Therefore, I believe that the ICO market today really needs certain principles and methods of regulation in order to minimize risks for investors.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: confreslamp on January 10, 2019, 05:33:21 AM
There were no ICO that has raised 1 billion USD in a token sale. There were cases that ICOs have raised around 30-50 millions USD, have distributed tokens, but have never released any product or an update yet.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Irvinn on January 10, 2019, 05:46:30 AM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
ICO fraudulent projects do not advertise that they are fraudulent. They are trying in every way to prove that they are good and promising projects and deserve to invest in them. And they do it quite skillfully. That is why they manage to collect huge amounts of money. Very often fraudulent ICO projects cannot be distinguished from real ones. In addition, we do not have enough opportunities to check the ICO team and their project. In this regard, fraud in the activities of the ICO is flourishing.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: truongdhnh on January 10, 2019, 04:05:32 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
No one wants to invest in fraudulent ICOS campaigns. Because they don't know and are deceived and unknowingly go to buy coins of no value. This situation is happening a lot and copies. We also meet fraudulent ICOS projects that don't pay for Bounty hunters.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: GymClassHeroes on January 10, 2019, 04:10:25 PM
Many persons are new to the space and may find  it difficult to tell the difference between what is feasible and what is not, the 'free-for-all'mentality that was prevalent in last bull market is still the fuel that powers current scams.Back then, you do not need to be an expert to make money here,even with scam projects you could make money for a while. Also, there are no regulations to protect investor.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: max6575 on January 10, 2019, 04:25:54 PM
sometimes to work on chance as managing the details on extensive as appealing status on profile with the developer as might to work on following to put with funds on reference as attaining business with involvement to gains with chance on benefit of returns with profit on terms with the investment scheme of the manage.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: Williams_Leo on January 10, 2019, 04:28:05 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?

I do not think that someone purposefully wants to give their money to fraudsters. It’s just that many of us lack the knowledge and luck to avoid such deception. Therefore, I believe that the ICO market today really needs certain principles and methods of regulation in order to minimize risks for investors.
Maybe STO will replace ICO to protect investors from fraud projects, Right now I still see a lot of scam projects running and people should be careful with it.


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: tadpole_bitfrog on January 10, 2019, 04:28:12 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
  Most people do not guess if the ICO is real or fake. Many new people involved in the investment are tricked 1-2 times. There are also many others who have been tricked more than that. Because they have no experience to evaluate whether it is an ICO scam. But for long-time participants, they are able to identify potential iCOs. So there are still many ICOs that attract a lot of investment capital


Title: Re: Why do people believe and invest in fraudulent ICO?
Post by: jtbcoins on January 10, 2019, 04:30:43 PM
As far as I heard, the ICO Scam raised over $ 1 billion. Why did people invest in these ICO? Do you think this situation has changed now?
People just don't want to think and to do research. They just want to invest their money and earn fast profit. That's why they invest their money and losing it.