Stay away from ICO

[iamnotback]

My last 2 cents on this topic...

Signing off.

Who cares if Monero and Dash are scams when you can make good money on every pump and dump.

Scammers take capital out of the ecosystem and spend it on crack, Yachts, booze, and prostitutes.

You personally may get richer (if you are a good speculator), while on average the ecosystem gets poorer, unless of course we are bringing more new fools (and their capital) into our ecosystem from outside of it.

So eventually there could be no ecosystem remaining for you to speculate in.

My opinion is we have a window of time (5 - 10 years?) within which to leverage this opportunity to produce something really significant that could help the world. And to produce a $trillion marketcap.

Any way, please continue what you are doing. Hopefully those who developers who are serious will find a way to operate within this ecosystem so we don't lose the potential.

[BTCSpearo]

ICOs definitely get a bad rap, a lot of them are total scams, but I don't think the crowdfunding model is going to go away, nor should it. What better way can a group of developers raise funds to produce and market software and then compensate those early investors. When executed fairly, the ICO model is no different than an IPO on the NYSE except that you don't have to have 50K and be an accredited investor to participate. Now the average Joe can participate in the riskiest/most profitable part of the business startup phase.

[BTC-BTC-BTC]

ICO's risks are outperformed rewards nowsaday.

[Socket54]

The way i see it, if you choose to invest in something that can just go poof into the night
then get into it with the perspective that you are going to lose you money.
If you dont and it turns out to be a profitable investment then great.
But dont expect anything from such a risky venture. Expect to lose.

[andrei56]

Taking part in ICO is risky especially for new comers. So the best way to avoid this is to buy it after hitting the exchange. Although the price is pumped several times.

No, I don't think so, a worthless coin is a worthless coin whether it is on the early stages or if it is on the market already, you need to read about the project and familiarize with it and only if you think there is something that could make the coin a success, then you invest.

[sotisoti]

At least Ethereum won't be ready without ICO...

[eastwind_ja]

is TaaS a good coin to participate ICO?

[BitcoinGirl.Club]

The trend with these cryptos usually is when the developer gets his money from crowd sales that turns to be their exit point and death of the project,but this should not stop good projects from taking off because of shitcoins. Am in support of staying away from some ICOs and buy the altcoins from an exchange when it proves to be worth the investment.

[savioroshan]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

Buddy, I dont agree with you. Yeah there are some ICO's which are totally scam. But good ones are also there. You have to enquiree  a lot before taking any decision. Personally I think QTUM and adzcoin are going to make it hugh. But two days back , I just saw a thread telling QTUM  may be a scam. But I dont think so and have plans to invest in that.

[Kray]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

Yea i agree, some ico is not worth to buy. Now there are three ICO has good prospect(according their whitepaper), humaniq, wetrust and edgeless. In my opinion humaniq is very awesome but i still thinking to invest on humaniq, i worry it will belike RISE.

[iamnotback]

Now there are three ICO has good prospect(according their whitepaper), humaniq, wetrust and edgeless. In my opinion humaniq is very awesome...

Sorry I will post one more time in this thread, because I think you guys are missing a very important consideration that is lacking in your analysis:

Re: Are you a bagholder? Which altcoins do you hold?

As for some of the shitcoins mentioned in this thread, clearly the speculators will buy any idealistic bullshit. The more idealistic nonsense it is, the more likely they will buy it. For example WeTrust is more idealistic bullshit without any realistic adoption case.

As for both WeTrust and especially HumanIQ, there are all these new ICOs coming out for smart contracts running on Ethereum which want to target milllions and billions of users adoption. But Ethereum can't scale!

Besides Ethereum can't scale. So anything built on Ethereum can't scale. Casper is fundamentally flawed and will never work.

Also putting large financial value into smart contracts has proven to be very insecure with the DAO attack. The more we proliferate these smart contracts, the more the attack surface grows. In HumanIQ's case, the founder and leader Alex Forte apparently isn't even a programmer.

[dihari]

Talk about ICO like talking to yourself. Only you in this world can make a good move to place your money on an ICO and believe that you investing your money on the right way. I will not say all of new born ICO is going to be scam, some of them prove their success. All we can do is to analyze some ICO that we want to support.
I was made a thread about it https://bitcointalk.org/index.php?topic=1782127.0

[ipanks]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

Yea i agree, some ico is not worth to buy. Now there are three ICO has good prospect(according their whitepaper), humaniq, wetrust and edgeless. In my opinion humaniq is very awesome but i still thinking to invest on humaniq, i worry it will belike RISE.

making invest in ico is worth if we are know what their purpose, what they offer to their members, have a good plan with their journey, the dev is active with the coins and update everything. we need to research before we invest our money in that ico because if we make wrong then we can not make profit from that ico and especially we only loss our money for that investment.

[topesis]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

I think the problem with most of these ICOs is overvaluation, some people don't estimate what a project worth, no matter how good the prospect of a project might promised, once the project is overvalued the best thing is not to invest into it, that was why ICOs was dumping when listed on exchanges because they is no value in their current price. Just look at Lisk and Waves for example two over-capitalized projects but where unable to deliver to expectations and I see this trend continue for more time in the space because people seems to have forget the basic principle of trading, you buy at low price and sell high 

[bravehearth0319]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

I do agreed and I cannot deny that many of the ico in the end they failed. And of the main reason was the owoner and the team of the coins in the campaign was not visible and  transparent to others.

[iamnotback]

Are ICO coins legal?

[Undermood]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

I think the problem with most of these ICOs is overvaluation, some people don't estimate what a project worth, no matter how good the prospect of a project might promised, once the project is overvalued the best thing is not to invest into it, that was why ICOs was dumping when listed on exchanges because they is no value in their current price. Just look at Lisk and Waves for example two over-capitalized projects but where unable to deliver to expectations and I see this trend continue for more time in the space because people seems to have forget the basic principle of trading, you buy at low price and sell high 

After the ICO, the team will put focus on the development process, which take times, especially they are built from scratch. If you follow the process of Ethereum, you will know that.

[xland86]

Nowsaday, I don't think there is any ICO worth to invest anymore. I had so many bad ones lately. Better off purchase them after they released at the exchanges.

I think the problem with most of these ICOs is overvaluation, some people don't estimate what a project worth, no matter how good the prospect of a project might promised, once the project is overvalued the best thing is not to invest into it, that was why ICOs was dumping when listed on exchanges because they is no value in their current price. Just look at Lisk and Waves for example two over-capitalized projects but where unable to deliver to expectations and I see this trend continue for more time in the space because people seems to have forget the basic principle of trading, you buy at low price and sell high 

After the ICO, the team will put focus on the development process, which take times, especially they are built from scratch. If you follow the process of Ethereum, you will know that.

Thats right after ICO ending need some time to investment to bring profitability and growth, just need wait and check roadmap project.

[Rockie1234]

ICOs are a big risk, but if you are sensible there shouldn't be too much of a problem. The thing is that people on this forum are blinded by ICO promises, such as the claims of high profit and mainly just overoptimism.

1) Is there some new technology? (not just BS like "its own wallet" since every coin has that)
2) Is there proof of this technology? (eg Pascalcoin claims to be built from scratch but no proof produced).
3) How trusted are the members running it and how professional does it seem? (good english etc).

[irukandji]

Yes, stay away so i can get more of the ICO for myself