@bathrobeheroWell said..
agreed.
@ShelbyWe are not dealing with Investors who do their homework or consult with experts.
We are talking about usually young people who throw money at what ever sticks.
So most of your analysis goes out the window..
YOU may think you are an expert and can pick & choose which ICO is best etc but i can guarantee you 90% of these idiots have no fucking clue what they are doing.. nor do they have the necessary trading skills to cope with a market like Crypto (Note this is NOT the stock market)
ICO = SCAM
This is not Kickstarter and there is not "many" legit currencies.
99.99% are doomed to failure so your boat will almost guaranteed sink.
Why do we know this ?
Because all users are here for profit and all people who profit do so off of another person.. and so on..
until there is no more users to profit from.. then the price of any given coin tapers off & DIES !
Why does this happen ?
Because they are all here for profit.
AND we have 6,000 going on 7,000 ANN topics *so far*
SO.. what happens is "investors" jump from coin to coin.
Contrary to your comments on "Long term investors" which rarely exist in crypto.
And why would they ? Its clearly a fools game.. a hail Mary pass at Crypto Profiteering (not coin support)
You my nutjob friend are flogging your own shitcoin ICO so you will of course defend ICO's.
When they are by design in how they function SCAMMY !An IPO in a regulated scene is one thing.. but we are talking about Crypto and it's "Free Market" lawless environment.
So again all your bullshit defense on that crap goes out the window.
Further more we are not here to support Scheme's with ICO tokens tacked onto them for the purpose of profit.
Steem and ETH for example are nothing more than Multi Level Marketing scheme mod's
They are not a real currency which is why we (older users)
came here.The OP here came to make money so he is a cliche and completely and utterly predictable.
Not one damn thing he can do or say i can not predict 100%
He is doomed to walk away from this bullshit a loser.. sooner or later.
He is already broke.. just doesn't know it yet..
destined to be a "long term" bag-holder...To smooth talking crypto-snake oil salesmen like Shelby or Butters etc.
(
or dump for a loss of course)
Nothing like Crypto tech rabble about Currencies while they flog you made up NON-Currency "Scheme" coins ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
Stocks markets got a Bail-out package from the US govt.. they pledged to "be there"
You have the US Federal Reserve making sure the US dollar stays afloat.
Then you have Ethereum's V. Butters silently dumping his own 2014 scammy ICO coins on the public with no explanation.
Other than well..
he wanted a million dollars in cash. (and has more to dump as far as i know)
Nor do we know how he got them aside from my hints on page 1 of my scam topic on ETH from 2014.
And there in lies the problem my moronic Investard friends.
You are all 99% enablers of any god damn scam that rolls along..
You WILL support anything if it has a chance of making you profit.
And scammers will keep making NEW ICO coins to profit and support will be given because that is EXACTLY why the OP and all the other idiot douche bags CAME HERE IN THE FIRST PLACE.
I could spend 10 fucking pages here explaining to you all why ICO's are a scam.
But you all do not want the explanation.. YOU WANT PROFIT.
GOD himself could come down here and say yeah.. Spoetnik is right.. it would make no difference.
Something being scammy will never stand in the way of retards trying to make 50 cents off of Satoshi's vision of..
..a currencyPS:Notice how Shelby posts links all over the forum to Steem posts ?
Steem is a confirmed scam and he is making money of it obviously.. or he would not be supporting it by posting links to the Steem content.
Something amusing about posting scammy trade advice with ICO's defending them while bashing them.. while posting scam coin links to Investor advice from legit legends.
(
he is bashing them except his basically / as usual)
What do you all think Warren Buffet would say about this topic ?
Or Satoshi on scam ICO's ?
If Satoshi wanted to make Bitcoin an ICO he would have made it that way Investards.
But he didn't did he ?
People like the OP should turn around and leave.. Crypto does not need more profiteers.
It needs currency supporters (
which are very rare)
Profiteers contribute nothing meaningful or even vaguely useful to Crypto.
They are a cancer and a disease and should be repelled and thrown out.PPS:Shelby is here to make money.
Spoetnik is here to talk about crypto currencies.
He has a financial gain behind his commentary ..i have none !
He plans on spreading his own ICO coin.
Spoetnik will never ever post or support any ICO because they are all scammy.
PPPS:I should bump Shelby's grand farewell topic he made here when he got banned and then said he was LEAVING.
![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)