[1COP2COS] The Pre-Crowdsale/Early Sale/Seed Investor Scam aka The Bubble Scam

[Bobsurplus]

That's not ture, but let's assume for a minute that is was.
Assuming it was true are you telling me that you cant buy into said ico and sell for a profit?

Depends on the ICO, but pure maths states you'll lose a lot more on ICO's than you'll make in the current climate, i.e for every success theres 9 failures sort of thing.  How is the average pleb supposed to identify the less than 10% that may stand a chance of rising after trading begins?

Let's not forget how before CIRC you were all up in VIRAL's ass, how did that go?

Simple fact is that mining new coins, or buying new ICO's is currently a mugs game unless you're an insider such as yourself.  I am impressed you guys are keeping CIRC so far above ICO price for so long though.  Means you'll have a healthy stash of sheep ready to buy your next VIRAL.

If you think I'm against you you've got me all wrong, I've got no problem with the way you make BTC.  I merely came here to point out the ridiculousness of an entire post warning against buying ICO's.  If I had more motivation I'd be right there banging out scam ICO's alongside you.

I dunno because I dont follow all the ico's out in the market. As for Viral, that was a good money maker. In at ico out at 15K ish. Easy 2x. Problem with viral is that the dev is a fraud and cant market shit. Im even thinking about coming out and building a new twitter node coin and doing it right. 1st. Many people in crypto do and will deal with me unlike Adam and 2nd we all know if I go at something and want to to succeed that it'll get done.

BobsTwitterCoin
BTC

[fartbags]

An ICO is something I would invest in if I liked the product. An ICO = Initial Coin Offering. The I standing for Initial in ICO and the 1 stands for 1st in 1CO. Pay attention to the coin offering string!

There's a massive difference between an ICO or 1CO and a 1COP2COS. The 1COP2COS (1st coin offering private limited, 2nd coin offering public sell) is this bubble scam that @fartbags is addressing.


Many new projects are hiding behind titles like Crowd Sale and Token Sale. They then get called ICOs by uninformed buyers even though they're not an initial coin offering. They're a second coin offering.


Make sure you know the Coin Offering String (described above) b4 buying any crowd sale type of token. By distinguishing crowd sales on the coin offering string metrics you can pick the most low risk and high reward coins!

Real ICOs still have problems though. My main issue with crowd funding style stuff is "The self buy" scam. This is where Devs buy their own tokens, price of each coin rises, then they take back the BTC they spent on them.

The "self buy scam" scam is super easy to perform. Amateur devs have been doing it on bitcointalk for a long time.

The 1COP2COS can be used in conjunction with the "self buy scam" to really bubble the price of a coin up further.

[lin0sspice]

Any coin trade to BTC is already scam . 
Purpose is getting your BTC and suck them out over and over.

[fartbags]

Since people want to do an ICOS to raise funds, a time period should be added to promote better coin distribution.

This goes more towards the Crypto X style of raising funds. The Crypto X is similar to an ICOS2COS3COS4COS...etc... At the end of each time frame a new coin offering is done to raise more funds, pay salaries, re-stock, etc.



Coin distribution is very important.

[kryptologist]

Just don't buy coins where the dev gets them all for free. Pretty simple right?