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Author Topic: Does anyone care if ICO projects have real code and real teams behind them?  (Read 3588 times)
AlanDiz (OP)
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August 05, 2016, 11:38:14 PM
 #1

Hey guyz. I been taken time away from cryptos to work on other projects. I know see 100 ICO's and shit developers and most projects with NO CODE to see.

Are we at the top of the bubble when shit scammers can walk away with 1000 btc this easy?

Why not look at projects? Why is all pump and dump?

I see not this shit NXT scam rebrand. Yes I look at code. Not much new just shitty scam marketing.
and this shit Decent with no code. No one cares. All pump and dump. Dont look like real team.

I see 100 ICO's. I now go look and read all code and call scammers.
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August 06, 2016, 12:23:58 AM
 #2

This is a good idea. Please make a concise explanation why you think a project is a scam or maybe not at par with a high standard. I think the team is important. We must try to know the team of every project so that we could assess if they will be able to produce a good project or not.

I will be interested in your assessment of Ardor because I hold NXT right now. I will appreciate the criticism if it is constructive.

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Babayega31
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August 06, 2016, 12:33:52 AM
 #3

Who knows? Maybe some of them are using fake identity of a people not really exist nor the using the face only of a people just to have a team proof for as a team but let say maybe some other really doing it existingly since we can see so many ICO scam coins existing in market and truly they got many BTC collected just for making an ICO coin.

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August 06, 2016, 12:37:57 AM
Last edit: August 06, 2016, 07:07:59 PM by Spoetnik
 #4

They don't and i know why because..
It is a phenomena that is simply mimicking the mass coin cloning days from a year or two ago.

Since that fell out of favor and was "more trouble" to get into
they stream lined the scam process.

Now it is not about currencies or anything to do with "mining" coins.
Side stepping the concept of mining with a 100% premine simply made it easier
for you all to buy shitcoins at Centralized exchanges for trading / profit.
Which is what the whole agenda revolves around now.

At least back in the day it meant something when users went and bought mining hardware.
To me i seen it as symbol of support.
An effort to secure the chain and keep it going etc.

Nobody in Crypto is interested in being a coin "Supporter"
They are all 99% greedy sleazy little profiteers who came here to trade shitcoins for Bitcoin / FIAT.
So the ICO simply made it far easier for them to accomplish this goal.

And i never have nor would i touch an ICO / IPO / ITO coin.
I am not a scammy little fucking douche bag scrounging around for BTC profits.
Nope.. unlike 99% of you all i actually have class & integrity.

You sleazy ass profiteers think Satoshi envisioned a scammy ICO super scam fest ?
You think your "Scheme" coins are legit ?
Apparently you all think it's ok to hobble some bullshit together then tack an ICO token onto it
then call it a coin and trade it at Poloniex for profit is acceptable / legit behavior.
If you do i think you missed the fucking point here entirely kidiots.

These profiteer shitheads are useless.
They will do NOTHING to further any legitimate cause / project.
They are here to buy / dump and walk.. moving onto the next *popular* heap of scammy bullshit.
They are all a cancerous plague that has infested every aspect of Crypto.
Nothing but a sleazy scammy Free Market Cash Grab free For ALL !

And most of you are too fucking dumb to see the consequences of these actions.
I posted an SEC "Investor Fraud Warning Alert" about Crypto Coins
and what did you all do unanimously ?
You all cheered saying it was GOOD NEWS !
You all lined up to repeat that.. well, this proves that crypto coins are legit & recognized.
Same retorts i heard way back when Banks were sending out warnings.

We are talking about a majority that is greedy & retarded.
Talk about a perfect storm LOL

PS:
I never have nor would i take REAL money out of my bank account to buy shitcoins either !
Which has been the beauty in "mining" coins.. you could simply use what ever you have laying around to get into Crypto.
So..
I hate to break it to you fucktard idiots but you can NEVER EVER have a trues crypto currency
that hinges entirely on having to take FIAT from a bank account to buy them.

How does a crypto coin replace FIAT if you NEED fiat to buy them ?

You guys are really are THAT fucking stupid  Cheesy



EDIT:
By the way the answer is = You don't make one (a currency)
Hence the rise of "Scheme Coins" like Steem or ETH etc.
..pointless scammy (not a currency) ICO fagotry.

FUD first & ask questions later™
Woody20285
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August 06, 2016, 12:41:39 AM
 #5

Projects that obviously have massive amounts of work
and have developers that are not newbies help to sway me.
But, even those can be scams.

I recently invested in Pioneer Shares which gives you a piece of
an exchange which is being developed. I invested primarily because
I trust the developer. Also, took a very small piece of Breakout due to the
work in the ANN. Long term projects so, time will tell.

99% I don't even consider.

Mostly, I just mine.
bitcoinslave
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August 06, 2016, 01:56:37 AM
 #6

the question is not that.....

the question is, are you an Ace, a Pro or a Rookie in this game?


This is like real life, a hard worker can gains prosperity if he is good enough, wealthier will be an advantage, dumb people will be dumb people as we see all around everyday....

so please stop the bullshit, this is scam, this is scam, this is scam because of your failure, put yourself togheter n improve your game.
AlanDiz (OP)
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August 06, 2016, 09:20:59 AM
 #7

the question is not that.....

the question is, are you an Ace, a Pro or a Rookie in this game?


This is like real life, a hard worker can gains prosperity if he is good enough, wealthier will be an advantage, dumb people will be dumb people as we see all around everyday....

so please stop the bullshit, this is scam, this is scam, this is scam because of your failure, put yourself togheter n improve your game.

My believes blockchain will changes world. I write code, and I know many peoples who does. I know many peoples who only looks to make riches easy.

We need to do more due diligences from everyone. Support the real project and let everyone knows the scams. Many scams now, hard to see real projects.
ashapasa
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August 06, 2016, 02:40:29 PM
 #8

If technology is good and developers are talented than what does it matter wet here it's and ico or not? Unless you are a true libertarian.
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August 06, 2016, 02:58:37 PM
 #9

ICO's are bad, but I don't mind crowdsales if the idea behind it is good. If you have your own project, and the money for it, then it's fine to launch it without outside funding and just invest in it. But not everybody can afford that. Bad thing is that in reality most of the ICO's/crowdsales/whatever are being launched for only one reason: fast profit.

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August 06, 2016, 03:12:28 PM
 #10

not if there are no pow phase, without pow phase i see it as a scam and nothing more, notice how every shit non-pow coin, died eventually

and only pow are leading the top position
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August 06, 2016, 07:06:56 PM
 #11

the question is not that.....

the question is, are you an Ace, a Pro or a Rookie in this game?


This is like real life, a hard worker can gains prosperity if he is good enough, wealthier will be an advantage, dumb people will be dumb people as we see all around everyday....

so please stop the bullshit, this is scam, this is scam, this is scam because of your failure, put yourself togheter n improve your game.

the question is, are you an Ace, a Pro or a Rookie.. OR WHALE in this game?

Whale manipulator trumps all or hell even exchange owners or pool owners or coin devs.
You bottom feeders are on the lower end of the totem pole.

And you would have said that if you knew it. LOL

ICO = SCAM

FUD first & ask questions later™
bbc.reporter
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August 07, 2016, 03:01:02 AM
 #12

Projects that obviously have massive amounts of work
and have developers that are not newbies help to sway me.
But, even those can be scams.

I recently invested in Pioneer Shares which gives you a piece of
an exchange which is being developed. I invested primarily because
I trust the developer. Also, took a very small piece of Breakout due to the
work in the ANN. Long term projects so, time will tell.

99% I don't even consider.

Mostly, I just mine.

What you said in your 1st paragraph does not compute with your 2nd paragraph. You want proven developers that are doing massive work on their projects. Yet you support Pioneer Shares and Breakout? Those are 2 of the shadiest projects I have heard of.

.
.DuelbitsSPORTS.
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August 07, 2016, 03:04:24 AM
 #13

not if there are no pow phase, without pow phase i see it as a scam and nothing more, notice how every shit non-pow coin, died eventually

and only pow are leading the top position

What do you think of zcash's system of paying back investors? It is a POW coin that has miney invested in their development team. Their scheme of paying back investors is that the first 4 years of mining will reward 50 coins and 10% of that will go to the zcash foundation and the other 10% will be to repay the investors. I am not sure about the details but this is what I got from reading their forums.

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Spoetnik
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August 07, 2016, 08:51:05 PM
 #14

@bbc.reporter

Identity means sweet fuck all !
Seeing some little dick heads ID that *could* be forged means a lick of shit.

I don't care who you all are.
Proving your some guy and you "swear" you won't rob us all means what now ?

LOL don't be low hanging crypto-fruit guys  Cheesy

FUD first & ask questions later™
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August 07, 2016, 10:12:25 PM
 #15

I care that they do. That's why I'm currently supporting ETH and MAID. You can still pick up these coinages relatively cheap so bows a gud time to fill your bags.

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August 08, 2016, 01:50:38 AM
 #16

I care that they do. That's why I'm currently supporting ETH and MAID. You can still pick up these coinages relatively cheap so bows a gud time to fill your bags.

Ya but your a fraud...

And anyone can say they were a coder and show some ID.
So bloody what ?

uhh new to earth ?

Try Google dumb fucks.
Start with Berni Madoff & Martha Stewart (YES we knew who they were)

Who has done jail time for similar crimes that happen in Crypto regularly ?

NOBODY !

What does that tell you ?
Listen to "FraudCache" he'll tell you  Cheesy

His comment is dishonest stupid bullshit.
Designed to instill a false sense of security on vulnerable noob "investors"
Like the many guys who think they can PM me here on how to make money from this forum.
I replied back to one guy today.. "I don't know"

Who says you SHOULD be making money from a forum ?
OR.. trust something just because they gave you a name ?
We're not dealing with very bright people in Crypto.  Roll Eyes

Hell, i doubt most even know what "Crypto" means.
To them it means "profit coinz"

FUD first & ask questions later™
hatshepsut93
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August 08, 2016, 03:22:03 AM
 #17

Hey guyz. I been taken time away from cryptos to work on other projects. I know see 100 ICO's and shit developers and most projects with NO CODE to see.

Are we at the top of the bubble when shit scammers can walk away with 1000 btc this easy?

Why not look at projects? Why is all pump and dump?

I see not this shit NXT scam rebrand. Yes I look at code. Not much new just shitty scam marketing.
and this shit Decent with no code. No one cares. All pump and dump. Dont look like real team.

I see 100 ICO's. I now go look and read all code and call scammers.

I think a lot of ICO scammer "invest" their own Bitcoins to public addresses to create a fake image of investor interest to lure people into their scam.
Some people think that if there are hundreds of coins "invested" than it's safe.
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August 08, 2016, 06:45:37 AM
 #18

In my opinion ICO or crowdsale if the dev can deliver or he has ready made services or usage of the coin where you can use the coin you purchase right away,then there should be no problem with that particular project,just read the roadmap and who are the team behind it and can they really deliver and what are their experiences from the area that they are promised to bring..


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August 08, 2016, 09:36:45 AM
 #19

Most ICO are unfair... the Dev team deposit/buys with own BTC coins a lot of own project coins. After the ICO they get back their invested BTC coins and their part of the bought project coins. win win situation (a disguised form to obtain the premine as much as possible).




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August 17, 2016, 12:51:39 PM
 #20

I hope icocountdown and some others will help with the due diligence. But perhaps they are profiting from these shit ICO's somehow.
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