Can't tell if this post is supposed to just be trolling or not?

did they mention anywhere that people who deposited to the previous address will never get paid or any such claim

Obviously this is the #1 thing that all scammers do, they post that no one is going to get their coin. Lol are you for real?

It's obviously a no then why can't you wait for a week ico
What are you on about wait for a week for the ICO, do you mean to end? Can you show me any comms or announcements from the team referencing what you just mentioned?

a week ico is not as easy as it looks to give you the tokens it can even take more than a week meaning of scam means you invested and they never gave you your tokens without an valid explaination.
I'd fully expect any decent company or at least a decent scam to try to explain what happened and what measures would be taken to address the issue. Not a blog post saying "Our smart contract got hacked, we'll refund within a week". After a week, no ones had tokens from the new smart contract, they're not replying to twitter or facebook messages, their support people keep changing the story and both telegram groups have disappeared.

If people choose to ignore all the above including yourself, that's fine. It's their loss at the end of the day. I'm just trying to contribute back to the community so others don't end up in position I'm in.

I think most likely result would be blocking exchanges from bitcoin into your local currency if it was to happen. Sadly there'd be little you could do to get around it as local or nationwide shops wouldn't accept payments in bitcoins if it was illegal.

Then it comes down to, how useful is a token worth hundreds/thousands of dollars if you can't use it or ever cash out?

We're all hoping for wide adoption at some point, just need to hope all the scam ICOs don't give crypto currency a worst reputation than it already has because of stuff like silkroad and the media reporting it's only useful for illegal activity.

What happened::
So for anyone that doesn't know KickICO had major problems with their smart contract during the ICO and had to switch to a new crowdsale address after 600 million coins were deposited to an unknown address. As a result anyone left with tokens from KickICO_Old is left with tokens worth 0. The news article said they'd transfer new tokens to those affected within a week.

I invested 0.4 Eth in the ICO and am now left with the old style tokens despite trying to get a resolution for having the new smart contract tokens issued.

Source: https://medium.com/@kickico/how-they-tried-to-hack-our-ico-d348659dc4

Tried to get an answer from two of their support staff, one told me to add the new token address and they'd magically refresh within 24 hours, even though no tokens had been transferred. Copy of chat discussion below, either I got something seriously misunderstood or it's just a blatant scam.

Is anyone else in the same boat of having only tokens from KickICO_Old?

Scammers Profile Link:
https://bitcointalk.org/index.php?action=profile;u=1048997

Reference Link:
https://www.kickico.com/campaigns/999/ico

Amount Scammed:
0.4 Eth

Payment Method:
ICO Contribution

Proof of Payment:
https://etherscan.io/tx/0x40df529dc02d969c2fe10e8e262477f6d15e0e8f5411cdeb0aa1fffb877a8a00

PM/Chat Logs:
https://ibb.co/jKbt1v

Additional Notes:
Recommend to avoid, but posted for people to make up their own minds.

Uhh starting to get unsettled by this ICO, sent my payment during first few minutes of ICO and after they had issues with the smart contract I'm now stuck with tokens from the old contract.

Transaction TX if anyone wants to see for themselves:
https://etherscan.io/tx/0x40df529dc02d969c2fe10e8e262477f6d15e0e8f5411cdeb0aa1fffb877a8a00

One support person told me the old tokens were perfectly fine (lol) and that I hadn't updated my Custom token to the new address which is why I couldn't see them (even though there is no token transfer from the new smart contract). Asked a different person on support they said they'd distribute new tokens at end of the week but looking at the public crowdsale address for the new contract I can see they're giving out tokens as we speak.

Really poor comms not seen anything published about what people in my position are to do. I'd recommend to anyone else thinking about it to do some research.

This is direct quote from news article that they were going to issue new tokens to those affected within a week

"Here we suffered losses: before the attack, the rate of charges was $ 18–19 thousand per minute. After an hour and a half break, when we resumed the collection, we were collecting “only” $ 4–5 thousand per minute. This did not stop us from reaching the goal of 50 000 ETH, but slowed down the process and, most unpleasantly, we will have to assign a new token to all our users. As a result, those who bought tokens before the attack will receive a new version within a week,"

Source: https://medium.com/@kickico/how-they-tried-to-hack-our-ico-d348659dc4

Just updated to add none of their telegram groups are working either. Luckily I only invested 0.4 Eth into this scam. Feel sorry for anyone that got hit hard by this.

Only thing I find disappointing with some ICOs is the amount they pay in bounties. Monetha is a good example, some people had about $1,500 worth of coins from bounties for the signature campaign. After investing $500 of my own money, it does make me think are they really worth that much if they're willing to just give so much away for an avatar campaign.

Maybe I won't feel that way when I'm eligible in a few months time but for now it's a sting.

Going to give it another few days hoping it'll continue to drop before I going on a spending spree

Missed 0x ICO by a few hours and ever since have been watching the price slowly going down. Hoping it reaches near the 2x/3x ICO price so I can buy in but won't at it's current price. Also love the look of WAVES since a  mate showed me the concept and ROI for having them in your wallet. Again too pricey for me though at it's current value!

Always interesting to see what others think of various altcoins, even if others disagree. At end of the day the only value a lot of the current coins has is what people think of them.

Sent my ICO contributions about 9 minutes after it opened and went through. Waiting for the confirmations was a bit unnerving but finally went through fine. I'm only small fish (1.7 eth) so I don't think it's true about preventing smaller investors getting in on it. Sadly I think with all the different sites your dependent on (Monthea, MyEtherWallet and then the confirmations on Ethereum) it's just a bit of a lottery. Any one of those things could have gone wrong or delayed me by a few seconds and I wouldn't have been in.

The bloody date of birth being YYYY-MM-DD wasted about 2 minutes of my signup process! Kept putting spaces in the blind panic to register lol

When are the last 8 digits of the crowdsale address going to be posted?

The closer to the opening time, the more risky it is. If there's worry about people finding the address can't you just post a SHA256 hash of the hash instead?

Any idea if all the future ICOs are also going to be hosted on the exchange or will they support smart contract via MEW etc?

Just to update finally got my coins wasn't easy though.

Hi, any chance of getting my coins delivered then please? Nothing FUD'ing about chasing up coins I paid for and didn't receive. I could understand if I was messing about with affiliates etc but it was just a straight forward purchase.

Trying to avoid all the news / talk about this is going to be difficult tomorrow until I get a chance to watch it!

Finally managed to get onto the slack because someone posted an invite link. They assured me it'd be done within 24 hours at 8pm today so i'll update another either way if I get them or not.

Yeah it'll be a success, really good idea. Problem is there's so many other good ICOs late August early September. Must......resist.....going....over my ICO monthly budget

Depends on people's reason for investing in the first place I guess. Some could be to help with an idea they believe in, some are get rich quick and bail soon as it's x5/x10/x20 and others it's the long term maybe strike it lucky like the early NEO adopters.

May also be an alternative retirement pot rather than holding all your eggs in one basket (the bank)

• Not received my coins
• the slack link don't work on their twitter
• The "proper" slack channel https://substratumcoin.slack.com link posted here requires a @ovri.de email address so good luck getting into it
• There's another thread showing faked screenshots of their product - Just google "bitcointalk substratum Scam"

Take it or leave it to make an informed decision.

Compare the rate of Eth deposits vs token issues from their wallet: https://etherscan.io/address/0xaf518d65f84e4695a4da0450ec02c1248f56b668#tokentxns

There's been around 120 deposits in last 24 hours and 1 lot of tokens issues in that same period. And these people are going to code the new internet? God help us all! lol

4 days after deposit and still no tokens, luckily I only invested $30 so going to just take it as a lesson learnt and hope others don't fall for it to limit the amount these scumbags get away with.

Hi,

Just wondering why with so many start up ICOs getting compromised in the heat of ICOs, why don't companies release a hash value of the Eth wallet they're going to use in the build up to the ICO start date?

That way they don't risk making the wallet address known for people to send early payments etc but it gives people an opportunity to check the address once it goes live and ensure it hasn't been hacked/altered at the last minute to change it to the malicious parties address.

New to the ICO game so maybe some companies do provide this but I haven't seen any yet.