Plus they are totally centralized which is a bad thing.
I have provided a few different reasons why..
Such as the incredible value of possessing vast amounts of coins for short periods.
I Could go on in that direction but there is other angles too.
Such as ?
Idealism.
They are us moving backwards which defeats the purpose of all this.
We have ideals etc for a reason.
We started this stuff with a dream ..a vision of freedom & decentralization.
NOT centralized greed.
ICO's stomp & piss all over the core of our beliefs.

If you all want reasons why they are bad i got them till the cows come home

If you all want No Laws.. decentralization and a Free Market etc then you need to stupid supporting ICO's which pervert our ideology.
Those philosophies many of us have are grossly violated by ICO's which is why we do not support them.. ANY of them.

The fact that they are a massive risk of losing money is actually pretty far down the list of my concerns.

I AM about moving forward.. every word i post here is about that concept.
And i challenge anyone to say ICO's are an upgrade over Bitcoin or POW / POS coins etc.

ICO's came about because ASICS rolled out for SCRYPT.
Users flocked to eBay ASAP to dump their GPU's.. then came the ICO's.
They all wanted to loiter around here making ROI's but did not want to invest in hardware to secure the block chains to do it.. a sign of support !
Nope..
Users wanted a faster and easier streamlined way of pumping out even more coins to pump & dump.
Did you all forget there was mass coin cloning after 2013's big popularity boom ?
It got scammy.. then ICO's were started to make the scammy bullshit easier.

ICO's are a scam.

They are an atrocity and vulgar display of greed.

If you don't have the money to launch a coin then don't do it.
Leave it to someone who has the means.
Don't create problems to sell the solution guys.

You all that support ICO's do so out of greed.. not ideology.
Yeah.. that is a bad thing LOL

@Kiklo
You all better buy those.. to block out all that ICO-FUD here at ICOtalk.org
See above for reference (there is more where that came from)  

Which i already explained with common sense (even if that was true, which it's not)

You guys are deceitful bullshitters trying to make ROI's /.
And once again i am being told off by a Noob account with broken English spouting off tired old retorts already destroyed.

Same formula as always.. noob account and 1.5 sentences of poor quality shill work.
Play your games just realize who is in charge chump change scroungers. (Whales / Dev's)

Crypto is a wide open book.. 100% obvious and very predictable.

How did i refute this noob's over-played retort ?

Simple..
Coins sit on exchanges for trading.
When one is effectively dead users flock to it even harder then before.. to buy cheap coinz nom nom nom.
Why ?
Because traders buy ANYTHING ..no matter how shitty or dead it is.
In the hopes it rises 0.00000001 Sat's so they can get a profit from it.
And the more a coin was in the PAST popular the more this phenonema plays out.
So..
Little surges in price equate to sweet fuck all.
It has no bearing on the coin being alive or successful or good or anything really.

It's called commons sense.

You guys are trying to deny the reality of the situation.
Simply to defend the coin you support.
That has been a key problem with Monero for years.
No matter what happens Monero is a golden child that is perfect and does no wrong.

For example long ago there were topics on exploits.
One guy said hey i could dig some up if i wanted to just to prove a point.
He also had PWNED some coins before.. what did these cocky Monero shill's ?
They got REAL fucking mouthy and called him a liar etc.

The guy here PROVED his point by privately disclosing the problem to Monero coders so they could patch it.

It was not "secure" nor will it ever be.

2nd of all the the kidiots that surround it spewing lies to lure in bag-holders
..are obnoxious little bag holders.

AFTER that a another guy showed up going down the same path and did these cocky Investards learn anything from last time ?
FUCK NO !
They called out the guy etc and went into Monero-Denial-Mode™
That is all these dumb-ass's have done here for years.. deny deny deny

Shill's.. cut the fucking crap already !
I am thoroughly sick and god damn tired of raining down a monolithic amount of FUD on deaf ears.
You are morons and act like children chanting NO NO NO like a brat.
I have posted what 1.2 million lines of forum text FUD'ing Monero ?
Which one of you idiots was listening and why does it have to be repeated 14,000 different ways 24/7 permanently ?

You are greedy morons hell bent on pushing your shit coin bags.. period /.

EVEN AT THE EXPENSE OF GETTING PEOPLE ARRESTED

How many times can i say who cares if BTC is not as secure ?
What the fuck difference does that make ?
Is all BTC trading done on Poloniex ? (Where they collect your ID etc)
Fuck no like me you can go to BTCe and trade them.
Further more There is no Monero merch flogged EVERYWHERE at all times constantly touting BTC as the "Secure, Private and Untraceable" currency.

THAT my corrupt irritating bullshitting shitcoin peddlers is the problem.
Which is heavily linked to this topic..

It's called deceit.
You shills are full of shit.

You have an Altcoin that is and always has been sitting on Poloniex for some inexplicable reason.
Why again did they add markets for it years ago ?
Explain that to me shills..

Then you have retards who actively tried to get Monero used by Dark Markets then ran around here hyping it up coordinated with a pump by someone with money.... guess who ?
And you act like that is a GOOD THING.
Supporting that and aiming for it is pure stupidity.
Then what else does it have going for it ?
NOTHING.. that is all it has ever accomplished.

Then you guys pull the "one day" card over & over.. all year round .... year after year.
For what ? Mass adoption ?
Are you idiots for real ? Like holy fuck !  

You guys made a god damn coin deliberately to defy the anti-money laundering laws then you had the fucking god damn balls to have all the trading done on 1 fucking exchange ... that collects ID why now ?
NEWS FLASH: that would be a conflict of interest.

Bottom Line:
I am getting really sick & tired of the usual suspects around here playing dumb and trying to out post me by simply ignoring the FUD or smothering it with noob account retard rabble.
..to cover up the glaring obvious serious problems associated with Monero.
I will of course have to re-post all of this again & again & again & again & again & again & again  
Why ? If i told you all a trade tip that paid large money i would not have to repeat myself even once !

2017 is here shills and i plan on pounding your ass's into submission with even more FUD.

By the way.. the topic title ? ...DUH of course it's a danger.  

Thanks for the heads up we should keep an eye on these guys.

That other one is giving you some indication it is going to one day be more successful and there for get you more ROI's ?

What is it again is any of these shitty bullshit coins are doing ?
You don't care yet you want profit ?

Why would people invest in Microsoft stock or Apple stock ?
Would it have anything to do with the products etc of the company ?

Shitcoin products ? What have they done again ?

0.

Finding an exception means fuck all.
Read the writing printed on the Hoody merch.

It is a "danger" when even 1 person gets busted.
Secure ? nope.
Private ? yeah well for that *ONE* guy who jumps through extra creative hoops.. maybe.
All the others who BELIEVE the marketing slogans will potentially get arrested.

All Dino and a couple other guys do is defend Monero with random "straw man" scenarios.
It does not say *mostly* private and "sort of secure" on the hoody now does it ?  

Monero is in a lot of trouble..
The drama has not even started yet.. you just wait & see guys.  

Like i was saying i was just curious if you all got the same reaction as me.
The word ICO makes me cringe something fierce.

When i start reading about a coin and i hear "ICO" i close the web page instantly.
And i was getting the feeling the public was getting pretty damn tired of them too.
Why ?
Because i see dev's now making a large effort to avoid mentioning their coin is an ICO.
They are avoiding saying it !
..they know

Guys.. come one.
It's Crypto-Panhandling.
You buy then later you get to be a bag holder.. for life  

98% of all ICO get dumped on and never regain their price for one thing.
And the 1 or 2 that has had any level of success is essentially dead.
Because it was used by the greedy and discarded afterwards.

People defend them for short term gain.. nothing more.
How do we know ?
Easy the track record of them all speaks volumes.

..play the game but you are begging for the cops to come knocking.
What ? You think they are just going to let this shit slide forever ?  
Silly Investards ROFL  

I thought you were into Metal music like me ?  
We lost another one from our team

Side Note:
Last i heard David Vincent from the death metal band Morbid Angel went to Nashville and was in a country music band.
No bloody joke i am serious !

You lost your way my son and must find the devil in your heart !

- Praise Satan (or Stan if you know him)

https://bitcointalk.org/index.php?topic=1718850.msg17211605#msg17211605

closed.

---

EDIT:

Gleb Gamow i seen your comment about this thread AFTER you mentioned it.
I clicked your SIG link and as soon as i started reading i thought of this topic
So i ran over and locked it (i thought of doing it before)
Then i seen you actually used it as an example.

I don't want to contribute to this bullshit spamming.
This section is over run with post whoring spam account farmers.

WRONG.

I worked at a well known large company and my boss was pissing me off..
I looked at the cunt in the eye and told him he's a fucking asshole and he can do my job and said i was leaving.. fuck you.
Later i decided i'd go back and i went in and spoke to the guy above him and told him what happened.
I resumed my shifts and laughed at the fucking goof.
He asked me how i got out ?
I worked a high security job where i was locked inside the building. (need to pass a security check to get hired)
..i have my ways

Funny enough i have done that lots before because i have balls you spineless fucking pussy bitches.

The job right before that (job 2 of 2 i was working) i called my supervisor who was running things a fucking cunt and told him too YOU DO MY JOB.. and i walked out and never went back.

I did that at others too i could go on about.

People, just because you are a fucking spineless little piece of shit cock slurping goof does not mean we all are.

I can just picture your type driving Jews to camps.. saying i am just doing my job the whole fucking way.

..get some integrity you slimy pieces of shit.
I ain't giving any of you a pass.
You cunts reaped the financial rewards i didn't.. so fucking blow me.
Lost in the process well too bad retards.. should have listened to the FUD i posted for 2 years then  

Moral ?
I would have quit long before it was closed down.

@Suchmoon
Really well said, i agree !

Bumfights Coin - ICO starts in February.

Rufus the stunt bum approved !

..get your BTC's ready Investards your gonna be fuckin' RICH !

That proves my point.

I have made a lot of comments on this topic trying to hammer home a couple simple points.
THAT STILL ELUDE YOU

Like most guys i said you might be able to but i am skeptical (as i am of anyone)
I never said you can't do it.. YOU DID ..numerous times (putting words in my mouth)
You think you are smart but you can't read LOL

Kick my ass ? I wasn't against you. 

You ARE fucking delusional and THAT my friend is the problem with this topic matter.
You may have skills but the problem is you are bat shit crazy and have a weak grasp on the concept of communication.
You seem locked up in the distorted world in your head.

Your comment i quoted above reeks of a man-child with his feelings hurt.
When all i did was try an help you.. and your lashing out again.
Do i have to say grow up ?

I was hoping you could read between the lines. (and others here)
The perception here of your grand bold claims / plans ARE tainted by your personality.
I highlighted those things before because they are pertinent.. even though you shrug them off and threaten to put me on ignore.

Put it into perspective.

- I have the Bitcoin Killer.
- The Illuminati made Bitcoin.
- I was banned for ETH FUD and am leaving.

get it ? LOL

Like for fuck sake's man WOW

You are so fucking conceded you can not comprehend anything but your own delusions.

Read the topic title.. it says "HAS".
You said it would be released in Early 2017 now on this topic you said ohhhh well.. uhh i changed my mind.
Conceptualization and learning ? LOL

YOU DO spew a fuckton of bullshit here then in your mind it comes out as pure glory for a genius.

You are not as smart as you think bud.
I knew damn fucking well you were posturing yourself to launch your own ICO at some point.
Even though i doubt you have ANY code written at all.. and you bitch you are so sick you are bordering on terminal.

I am done.
I tried to help you but you lashing pout at me like a brat is enough.
Good luck with your compulsion here just remember when i brought up how you broke the rules on this topic.. let alone all the others.

You should have seen it when Gleb Gamow got banned for repeat posting a few months back.
At least he KNEW he did it !
You keep doing it then play dumb about it.. then blame shit like "ETH FUD" or the staff are out to get me.

..because you ARE fucked in the head buddy LOL

Invest in some mental health help.. not coins dude.

Dino "The Contrarian" please do read the topic title then look at the picture i posted then the part cirlced in red.

Good day sir  

---

EDIT:

Oh and when you have completed that task i have for you..
Please feel free to head on over to Poloniex and hand them your Picture ID
..then over to AlphaBay to buy crack & guns.

Ever since they started using the Term IPO then Angel Investing, Crowd Funding and then "ICO"
I have been disgusted by it and almost throw up in my mouth when i hear that term used here NON STOP.

The usage of the word here sticks in my craw sumthin' fierce !
I just wanna slap the greed off a mutha fucka's face when i hear that shit !

WHY ? Oh jeez have i not gone into it enough ?

Seriously when you people say it ..you make me sick !
But i created this topic to post a meme pic
..and to see if you guys agree with me or what ?

I might have to go to my safe space and do some meditation (blasting death Metal + Sacrificing Virgins on my Altar)

That was WHY it was created.
What part of that don't you get ?
They are allowed to line up and take shots at you if they want.

All you have done is egg them on then insult them and demand the topic be closed.

I've been on the end of shit like this too and i get it.. you don't.
It's not about who agrees with whom here.

Like i mean shit man for the sake of your sanity YOU should leave it alone
..and let these guys say their piece.

If you were trying to make your case you are going about it in a poor manner that's for sure.
I bet all you did here was make more enemies than convince anyone of anything.

But all the same it's also your prerogative to keep coming back to this topic lashing out.

For a guy who tries to come off so smart you really fail miserably a lot at basic common sense.
Negating the other shit..

---

EDIT:

Last thing you said was "I hope that makes everything clear and this thread is complete."
LOL like fuck you STILL don't get it.
All i can think of is you as usual making 9 comments in a row back to back then claiming ETH FUD for getting banned.
Here you are doing it again.. 8 million self quotes with long ass super rants shitloads of them posted back to back.
Hmm is that against the rules Shelby ?
I know you know.. so why do you CONSTANTLY do that ?

..there is something wrong with you bud.

@iamnotback / Shelby

This was a survey of sorts i think for the users here.. not you.

It's like if guys posted a topic here asking about me (like they have many times before)
There is only so much you can do to control / influence the opinions of the crowd here.

My advice would be to say your piece and let it go.
This topic was best i can tell not FOR YOU Shelby.
It was for the users here to reply to and give their thoughts.

Problem i have is your typical behavior here..
You demanded this be locked.. why ?
Because you don't want anyone else replying anymore ?
Because you don't like what they are saying ?

Ya know this is typical behavior from you.. something is not right with you bud.
There is a part of your brain that is broken or some shit man.

Apparently you are not lucid and coherent enough to get what i said (with out it being explained to you several times)

Bottom Line is all these people are fully entitled to their opinions on your bold grandiose claims.
If you don't like the response maybe ignore it ?

Like i already said you got more than anyone else would.. the benefit of the doubt.
You should be grateful you got so much support here.
Anyone else parading around here with Bitcoin killer claims in early 2017 would be laughed out of here LOL

@pereira4
I am impressed you tried to back up your mouth, good work.
I am leaning towards believing your assertion (even before you got some links)

A fly by night greedy crypto shill ? sure.. not what we consider a scammer so much i think.
Intent is the key.
Does she knowingly KNOW ahead of time that a project she is flogging etc is a confirmed scam ?
That can be a bit tricky to prove of course.

And i get a kick out of the Monero vs Dash guys using this as an excuse to attack each other.
The lawsuit commentary ?
Aww come on.. gimme a break guys.
What happened to chanting NO LAWS and Free market ? hahahha

All i know is i posted some joking commentary that i did not think was going over the line too bad.
I was sure my own comments were more entertaining than offensive.
The other guy though.. he did for sure cross the line.
But on the flip side, i refuse to feel ashamed for appreciating the female form.

It's not cool to slut shame girls.. or horny-guy shame men either !