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Yes the golden rule is to only invest as much as you are prepared to lose. No guarantees in ICOs.
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What did they say they would do with the money raised? $1.7 billion (if that figure is correct) is a lot of money so what do they intend to do with it? them is aiming to develop a series of services alongside its messaging app: - Distributed file storage akin to services like Dropcoin and ICO company Filecoin
- A proxy service for creating decentralized VPN services and TOR-like secure browsing environments based on the blockchain
- Services for decentralized apps, smart contracts and decentralized web browsing experiences
- Payments for micropayments and peer-to-peer transactions
Thank you for the information. It seems a few $million at maximum would be required to achieve all that. Excellent devs and servers for testing does not cost $1.7 billion. Maybe a large chuck is going straight to the pockets of the owners of Telegram  |
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I think people are a lot more agnostic than you recognize as far as BTC/BCH goes. There are hardcore ideologues on both sides that make up a core, and BTC certainly seems to be larger there, but all of these peripheral jumpers on the bandwagons don't care about the ideology, they're just chasing fast profits and lambo dreams. If, and a big if currently, Bitcoin's network were to undergo stress and congestion similar to what it experienced in 2016 and parts of 2017 - sky high fees and a constant backlog of 300k unconfirmed transactions that made the network slow and unreliable (i.e. expensive to use in time and money) - and BCH was sitting there as a near clone but with higher capacity and none of these problems, I think a lot of people's resistance to its origin story get abandoned. The longer the unreliability of BTC's network drags on, the more people's weariness breaks down. I could people slowly importing their profit seeking and lambo dreams to the network that has the capacity to handle transactions fast and easy, and an eventual tipping point where the majority switches sides. A lot would have to happen though to reach that at the current state of things, and it's only Bitcoin's crown to lose. I don't think BCH is going to do anything to innovate ahead of BTC, it's simply going to be a case of stealing momentum if BTC ever drops the ball. If Bitcoin Cash will remain there in the hope to pounce if Bitcoin has problems then Bitcoin Cash is nothing more than an opportunistic shadow. Maybe if it can break out of the control of the whales and Asian exchanges that wanted to ditch Bitcoin as soon as the fork happened and use Bitcoin Cash instead then it might become something more serious. For many people Bitcoin Cash will be a commodity they inherited from the fork not one they purchased. The fact that the whales and Asian exchanges created Bitcoin Cash in order to get rich quick whether or not they destroyed Bitcoin remains the biggest reason people who have been involved with crypto for a long time will not invest in Bitcoin Cash. Those that are new and have no idea about what the whales tried to do will no doubt invest. |
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Now that ICOs are so tainted with suspicion and scams what alternatives are out there for investors?
Do you think ICOs are still as innovative and as profitable as they were a couple of years ago?
Keeping the current market in mind is it worth taking risks investing via ICOs?
last ICO that i follow were give me a bad month of financial. even the ICO reach the hardcap, it really not a guarantee that ICO can be successfull, it looks like the ICO now have a bad condition This is true. This is why I prefer to invest in project with existing product. When they need money for improve existing business. This is a good idea. If there is an existing business with a track record and they need funding it probably much better to invest that way than from an upstart ICO. More safer investment. |
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your effort in building bitmora is very good, but sorry
no offense, features that you provide just ordinary
there is nothing unique that can distinguish Bitmora with other exchanges
it would be better if Bitmora has a unique feature
Thank you for the feedback. At Bitmora, we only strive to be the best. We have a unique voting and suggestion system, guaranteed phone and ticket support, a planned education system, unique fee system and much more! Got to say, keeping in mind the unique voting and suggestion system, guaranteed phone and ticket support, a planned education system, unique fee system the reality is Bitmora will be still just an exchange, not that different in its core function from Cryptopia or others. The phone support system which if memory recalls will be US based call handlers will cost money and if business picks up slowly one by one your unique offerings will be discontinued until or unless there is enough trading going on for Bitmora to fund those offerings. Though there are some interesting features will it be enough to prize people away from Cryptopia and the rest? |
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last ICO that i follow were give me a bad month of financial.
even the ICO reach the hardcap, it really not a guarantee that ICO can be successfull, it looks like the ICO now have a bad condition Yes things are not exactly looking great for ICOs. Sorry about your bad financial situation, hope you recover your losses quick. |
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The high failure rate in fresh and rapidly growing spheres is a normal thing. Look at the dotcom bubble, it was waaaaay bigger that the bubble of ICO right now. Well the days of huge ICOs are over. It seems there might be the odd exception to the rule but for many ICO investors the bubble has already burst. |
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What did they say they would do with the money raised? $1.7 billion (if that figure is correct) is a lot of money so what do they intend to do with it? |
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The biggest ICO is Telegram (TON) with more then $1 billion, but it was for limited list of person and entrance fee was 200 millions ) Yes, and they're going to collect 1,5 billion more during the next ICO stages, so I'm sure it will be the largest tokensale ever, though it doesn't have any public sales, only private. Only fake "TON" ICOs (those made by scammers who spam all telegram groups every day) got more than $30k. So it will also be the greatest ICO for scammers and the biggest disappointment for those who trusted them and invested in fake TON. Two sides of a coin! (Or of a token, to be more precise.) Well the idea that Telegram will fail any time soon is probably not realistic. Surely Telegram has a bright future. As for the ICO, how on earth are investors supposed to get back their investment? |
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Here everyone forgot about ico of founder of telegram messenger. He gathered a bunch money from the richest people in the world! How much? |
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Any update to this? Since the last post what has been the largest ICO? Which has been the best ICO?
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Lack of confidence in ico because too many Ico scam and the most important role for investors should be more selective if they want to invest in ico..
If the concept really brings change and certainly worth making a place to invest maybe ico is still a trend..
In this case the market can not be predicted as accurately as possible if the bitcoin price is stable, then the altcoin price will always be green.. So if there is a lack of confidence in ICOs what would you suggest is the bet to invest in crypto projects rather than buying coins? |
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First of all, Bitcoin Cash is still starting. Secondly, Bitcoin Cash is not being liked by people, just as they do with Bitcoin. Thirdly, Bitcoin is not even able to compete with the top three cryptocurrencies, and I believe it is listed as the number four or five on the list of best cryptocurrencies on Coin Market Cap. Bitcoin Cash is not even able to compete with Ethereum or Ripple, so how can it be able to stand one on one with Bitcoin which is the number one on the list. Not possible. I agree with most of your views but could provide your opinion about why Bitcoin Cash was created then? |
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hi all just start investing in ICO
what do u all think of the recently upcoming ICO
i.e Tomochain, RocketICO and GCOX
think this 3 is promising.
what do u all think?
can share your view with me?
RocketICO failed |
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It is still worth to invest in ICO It seems right now, the answer is "no" |
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Definetly,at this moment i have acertain doubts mostly come out ICO now,and thats your statement is true that mostly come out ICO project now is tainted with suspicion and scam,because i'm one experience and victimize of some hoax ICO,they said that its rocketting but in the end its turn to lossing,but anyway i believe that more ICO is still innovative and profitable,so until now i still finding and joining some development project thats for me is suitable. How do you filter the bad ICOs from the good? What do you look for when investing? Is it something specific or gut feeling? |
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The alternative is IPO, but in this case you will have to comply with all laws, obtain the necessary licenses, pay taxes, etc. Correct, IPOs are out of the question because of the various legal obligations involved making everything too difficult to attain. |
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I think it still has huge potential for growth but hardcore blockchain and decentralized crypto community does not like it because it is still controlled by the company behind it as they are still holding billions of xrp, i like the fact that xrp has been making noteworthy banking and remittance partnerships all around the world that is great. Well there are several big investors (such as google) but the bulk is probably controlled just a core founding team. Even after the split which resulted in the creation of Stellar (being part funded later by Stripe) it could not catch business imagination like Ripple did. |
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Now that ICOs are so tainted with suspicion and scams what alternatives are out there for investors?
Do you think ICOs are still as innovative and as profitable as they were a couple of years ago?
Keeping the current market in mind is it worth taking risks investing via ICOs?
 Saw this while browsing through forums, so I guess thats a good reason to stay away from every ICO if you are looking to invest a good amount. I was myself searching for various kinds of projects to invest since I have some BTC savings held from my current mining project - I thought I would just invest it somewhere so I can exchange it back to BTC once it reaches a good price. I have noticed that there is very little information about the coin/token (technically) on the description or even on their "whitepaper". Most of these ICO's just add up buzzwords in their description so that people will get the idea that it is something big. Popular words include AI, BIG DATA etc.. Judging by this suspicious nature of most 'ICO's i refrained from investing my BTC, and decided just to HODL. Great screenshot. In the current market case HODL is probably the best option |
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Will Bitmora have its own cryptocurrency? I think this was answered. They have no plans for a token or ICO yet but if that changes they advise. |
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