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cryptor0th (OP)
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November 13, 2016, 06:47:43 PM |
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I don't think anyone cares if funds raised in a crowd sale or in an ICO are really from the crowd?
We can't have a currency and offer it to people before printing them(mining).
If a company is going to pay dividends to investors then it has nothing to do with crypto and being decentralized.
And if they tell you otherwise then better to stay away from them because no company would open source and operate in a decentralized environment could actually earn money.
Wrong. Bitcoin went from a token worth nothing to 1350 working in that very environment. Albeit, not a company in the conventional sense. Don't get me wrong but it's the truth, if you have a money maker idea and you go open source then everyone start to clone your idea, so in order to be able to make money you need to be closed source and I think all the companies have their own secrets why is that? because it's a money maker idea. If a developer team comes out and says otherwise then you should check their money making idea to see if it is possible and if you can't have access to it then it's not open source and being decentralized means nothing. Also bitcoin didn't offer any tokens to crowd sale. I think open source vs closed source is a discussion in itself  |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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metalbean
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November 14, 2016, 01:15:10 AM |
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The Libertarian dream has evolved into a Capitalist nightmare. The banks used to fear cryptocurrencies. Not any more. They just need to get some popcorn and watch us destroy ourselves chasing their fiat cash.
The bankers must be laughing themselves to sleep every night.
Wow this is so true, in the beginning the banks laugh at us, they ridiculed us, and they accepted us and some even succumbed to us. But wait, I think they'll be laughing again |
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cryptor0th (OP)
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July 28, 2017, 07:41:13 AM |
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Friendly bump. I feel this could be of relevance seeing where the industry is headed at the moment.
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asriloni
Legendary
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Activity: 3010
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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July 28, 2017, 08:10:52 AM |
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The Libertarian dream has evolved into a Capitalist nightmare. The banks used to fear cryptocurrencies. Not any more. They just need to get some popcorn and watch us destroy ourselves chasing their fiat cash.
The bankers must be laughing themselves to sleep every night.
Wow this is so true, in the beginning the banks laugh at us, they ridiculed us, and they accepted us and some even succumbed to us. But wait, I think they'll be laughing again The banker just playing with us. You can see all of the news that has released by the banker to make the traders feeling panic and sell all of their portfolio in the lost area. SEC is one of them in my opinion. because US is not the world. So take your conclusion about that. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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Grahnite
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July 28, 2017, 08:38:20 AM |
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I have only made REAL money with 2 ICO's so far. WAVES and CVC (Civic). Some of the other ICO's I have invested in have not yet returned any profits. But I am still holding and seeing where they go.
I think the time when making easy money on ICO's is slowly coming to an end.
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arbitrage
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July 28, 2017, 08:46:36 AM |
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People who investing in ICO do not read this kind of threads, and if you want to change something the you must talk with people as neutral, else people will be neglect all negativity said against ICO.
Many people had good luck this year, and greed is what makes this situation worse. No regulations or prohibitions will change people's bad habits, we have bunch of examples.
Maybe best solution for this would be consensus about what an ICO must look like and what must provide as guarantee for investors.
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sinner
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July 28, 2017, 09:17:38 AM |
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theres nothing wrong with doing an ICO.. theres just a ton of scam ICOs now because its easy money. there will probably be some diamonds in the rough.. but ya, a lot of scams. SEC practically greenlighted ICOs.. all u gotta do is block US people, US residents use VPN. exchanges can't list some ICOs, so now decentralized exchanges will be in higher demand..  |
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13abyknight
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July 28, 2017, 09:25:20 AM |
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It's stupid on the part of investors that they move from investing and making profit from one ICO and investing the returns into another ICO, eventually getting scammed by the 'n'th ICO. If every ICO really intended on raising millions of dollars for software development, we would've been in world full of cryptos and the government would have to stop issuing fiat as you would have one crypto for milk, another for vegetables etc.
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Piston Honda
Legendary
Offline
Activity: 2702
Merit: 1064
Juicin' crypto
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July 28, 2017, 01:09:40 PM |
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this is why the dev from WBB (DLS) who runs 1ex.trade started things off as one of the only legit fair mined coins in late 2014 and has since done well as a project and in price. i suggest ppl get away from bullshit ICO's and get with something that HAS a major real world product about to launch!  |
$ADK ~ watch & learn...
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Aur3
Sr. Member
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Activity: 378
Merit: 250
Embrace change
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July 28, 2017, 01:47:50 PM |
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On a different and positive viewpoint, it's a good thing we have ICOs. These ICOs are doing a great job in promoting cryptocurrency. There will never be a buzz for bitcoin, ethereum, etc if not for these ICOs. We need to embrace change and these cryptocurrencies can change our world for the better. I can tell these crptocurrencies can fight corruption and can improve the quality of education. If we can make a way to educate the students about the real function of cryptocurrencies through ICOs, I'm sure the world will be a better place for them. The International MultiModal Logistics Application (IMMLA) has came up with a genius idea of conducting pre-ICO to build a decentralized system for cargo transportation. The team behind the project makes use of Ethereum to fight additional and hidden fees in shipping business. Details here goo.gl/qeK3mQ I'm hopeful more people will realize the real value of IMMLA-ICO before the shipping industry becomes a haven of corruption. Now is the time for a change. It's time to use the magic of cryptocurrency! |
Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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metalbean
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July 29, 2017, 06:52:14 AM |
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ICO is a short term adrenaline, once the adrenaline ends it's not gonna look good. And this will reflect unfashionably on coins too.
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