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Author Topic: Ways to verify if a project is genuine for a non technical user?  (Read 1133 times)
brokens
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April 22, 2017, 02:47:02 PM
 #21

currently new projects ICO Increasingly Profusely popping, they will interesting person with a projects Which is promising, Indeed  ico is a bad investment now because they do not have escrow, wheter ICO still many Enthusiasts seem not.
Spoetnik
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April 22, 2017, 09:21:11 PM
 #22

Nope crypto panhandling is not legit.
I don't care if you think some of the bums in the crowd deserve it.

And escrow ?
What you think they can't be gamed ?

You guys are a lost cause.
ICO = SCAM .

FUD first & ask questions later™
nemgun
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April 23, 2017, 09:40:50 AM
 #23

Nope crypto panhandling is not legit.
I don't care if you think some of the bums in the crowd deserve it.

And escrow ?
What you think they can't be gamed ?

You guys are a lost cause.
ICO = SCAM .

Escrows can't keep the funds, they just release them once the ICO is finished, even if it is a reputable personlity, like Sasha who escrowed some projects, it doesn't means that the ico it self is legit.
You are right on this spoetnik.

what is say, is, if you ever find a single part of suspicious on an ICO just leave it "don't risk what you can't afford to loose" and if you loose, don't complain because everyone is aware of the risks of ICO.
Ayers
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April 23, 2017, 10:03:43 AM
 #24

Nope crypto panhandling is not legit.
I don't care if you think some of the bums in the crowd deserve it.

And escrow ?
What you think they can't be gamed ?

You guys are a lost cause.
ICO = SCAM .

escrow like sebastian are legit 100%, i did a trade with him all perfect. i agree that even escrow can become evil greedy bastard that want to scma you, but it's not always the case, there are many very old escrow here like john or jonattan i don't remember his nick name, which held many bitcoin in the past even 1000 and never scammed anyone, i think the more trustworthy escrow are only the one that escrow a very large amount of funds, like 1000 btc, all the other have still a chance to scam later by building trust

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nemgun
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April 23, 2017, 10:27:28 AM
 #25

Nope crypto panhandling is not legit.
I don't care if you think some of the bums in the crowd deserve it.

And escrow ?
What you think they can't be gamed ?

You guys are a lost cause.
ICO = SCAM .

escrow like sebastian are legit 100%, i did a trade with him all perfect. i agree that even escrow can become evil greedy bastard that want to scma you, but it's not always the case, there are many very old escrow here like john or jonattan i don't remember his nick name, which held many bitcoin in the past even 1000 and never scammed anyone, i think the more trustworthy escrow are only the one that escrow a very large amount of funds, like 1000 btc, all the other have still a chance to scam later by building trust

You don't get it, the problem isn't about the escrow it self, because yes, the escrows are trusted, but when they release the funds, these escrows are no longer responsible for their usage. There happens the scam. What ever you say, an escrow never engages his reputation in a project, he is just a middle man holding funds for a short time.
cryptonia
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April 23, 2017, 12:14:30 PM
 #26

Don't listen to spoetnik, that is rule one
Ayers
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April 23, 2017, 01:42:24 PM
 #27

Nope crypto panhandling is not legit.
I don't care if you think some of the bums in the crowd deserve it.

And escrow ?
What you think they can't be gamed ?

You guys are a lost cause.
ICO = SCAM .

escrow like sebastian are legit 100%, i did a trade with him all perfect. i agree that even escrow can become evil greedy bastard that want to scma you, but it's not always the case, there are many very old escrow here like john or jonattan i don't remember his nick name, which held many bitcoin in the past even 1000 and never scammed anyone, i think the more trustworthy escrow are only the one that escrow a very large amount of funds, like 1000 btc, all the other have still a chance to scam later by building trust

You don't get it, the problem isn't about the escrow it self, because yes, the escrows are trusted, but when they release the funds, these escrows are no longer responsible for their usage. There happens the scam. What ever you say, an escrow never engages his reputation in a project, he is just a middle man holding funds for a short time.

the escrow only release the funds when the partecipants get their coins, i can't see how after the escrow release the funds the people who invested are scammed, this is impossible

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nemgun
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April 23, 2017, 02:34:20 PM
 #28

Nope crypto panhandling is not legit.
I don't care if you think some of the bums in the crowd deserve it.

And escrow ?
What you think they can't be gamed ?

You guys are a lost cause.
ICO = SCAM .

escrow like sebastian are legit 100%, i did a trade with him all perfect. i agree that even escrow can become evil greedy bastard that want to scma you, but it's not always the case, there are many very old escrow here like john or jonattan i don't remember his nick name, which held many bitcoin in the past even 1000 and never scammed anyone, i think the more trustworthy escrow are only the one that escrow a very large amount of funds, like 1000 btc, all the other have still a chance to scam later by building trust

You don't get it, the problem isn't about the escrow it self, because yes, the escrows are trusted, but when they release the funds, these escrows are no longer responsible for their usage. There happens the scam. What ever you say, an escrow never engages his reputation in a project, he is just a middle man holding funds for a short time.

the escrow only release the funds when the partecipants get their coins, i can't see how after the escrow release the funds the people who invested are scammed, this is impossible

Haven't you heard of dumps ? So many ICOs ended like that, when they start, the team is great, they talk a lot, communicate, give some gifts, the escrows are known so people just invest.
As soon as the escrow releases the funds, the first to sell all the remaining premine are the ICO holders.
Or, they just disapear if there is no coin issuance.

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