You guys should check out all the cool new icos running and invest a bit in every one because we all know a lot of them will do quite well. Don't be afraid of the ico, embrace the ico.
a lot of them?
if anything only a couple of them will be successful and I say successful but in fact that is a wrong usage of this word because they will give profit from the pump the have and then die, nothing more.
and since it is a one time thing among lots of ICOs I'd say investing in an ICO is still not a good option because of the risks. we are better off investing in altcoins when they are released and stop allowing scammers to make money this way.
Plus they are totally centralized which is a bad thing.
I have provided a few different reasons why..
Such as the incredible value of possessing vast amounts of coins for short periods.
I Could go on in that direction but there is other angles too.
Such as ?
Idealism.
They are us moving backwards which defeats the purpose of all this.
We have ideals etc for a reason.
We started this stuff with a dream ..a vision of freedom & decentralization.
NOT centralized greed.
ICO's stomp & piss all over the core of our beliefs.
If you all want reasons why they are bad i got them till the cows come home
If you all want No Laws.. decentralization and a Free Market etc then you need to stupid supporting ICO's which pervert our ideology.
Those philosophies many of us have are grossly violated by ICO's which is why we do not support them.. ANY of them.
The fact that they are a massive risk of losing money is actually pretty far down the list of my concerns.
I AM about moving forward.. every word i post here is about that concept.
And i challenge anyone to say ICO's are an upgrade over Bitcoin or POW / POS coins etc.
ICO's came about because ASICS rolled out for SCRYPT.
Users flocked to eBay ASAP to dump their GPU's.. then came the ICO's.
They all wanted to loiter around here making ROI's but did not want to invest in hardware to secure the block chains to do it.. a sign of support !
Nope..
Users wanted a faster and easier streamlined way of pumping out even more coins to pump & dump.
Did you all forget there was mass coin cloning after 2013's big popularity boom ?
It got scammy.. then ICO's were started to make the scammy bullshit easier.
ICO's are a scam.
They are an atrocity and vulgar display of greed.
If you don't have the money to launch a coin then don't do it.
Leave it to someone who has the means.
Don't create problems to sell the solution guys.
You all that support ICO's do so out of greed.. not ideology.
Yeah.. that is a bad thing LOL
@KikloYou all better buy those.. to block out all that
ICO-FUD here at ICOtalk.org
See above for reference (
there is more where that came from)