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Author Topic: Don't invest in limited ICO's, Unlimited is the best way to go.  (Read 947 times)
franc0 (OP)
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May 31, 2017, 08:35:09 PM
 #1

Limited ICOs are only monopolies, like Bassic Attention token.

BAT was limited so they would only accept a limited amount of 156,250 ETH. The ico Ran out in seconds for god sake. Also successful ICO should be unlimited and USD based, not ETH based. Mobilego was a succesful ICO, it was unlimited and it was USD based, everyone had the chance to jump in for weeks. Not stupid 20 seconds like BAT. Good luck with your monopoly BAT holders.

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May 31, 2017, 08:36:25 PM
 #2

Or you know, don't "invest" in ICO's in general.

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May 31, 2017, 08:39:19 PM
 #3

Unless they are Unlimited, Time based and USD based.

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May 31, 2017, 08:58:12 PM
 #4

I like metals way of going about a capped ico, they are making it so you can only buy 5000 tokens per 15 minutes, granted someone can just make a bunch of address's and send from each one but it def makes it harder to eat up all the coins like what happen with BAT in such a short time.


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May 31, 2017, 08:59:09 PM
 #5

Limited ICOs are only monopolies, like Bassic Attention token.

BAT was limited so they would only accept a limited amount of 156,250 ETH. The ico Ran out in seconds for god sake. Also successful ICO should be unlimited and USD based, not ETH based. Mobilego was a succesful ICO, it was unlimited and it was USD based, everyone had the chance to jump in for weeks. Not stupid 20 seconds like BAT. Good luck with your monopoly BAT holders.

Come on, unlimited is really bad since you plan to build a car but you get enough money to build a rocket. Every crowdfunding should have a cap. Is a must.
ICOs as they are now have problems. How they will evolve is just matter of time. And we will see. I can happen that we will see many people in jail. It can happen none.
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May 31, 2017, 10:12:09 PM
 #6

Limited ICOs are only monopolies, like Bassic Attention token.

BAT was limited so they would only accept a limited amount of 156,250 ETH. The ico Ran out in seconds for god sake. Also successful ICO should be unlimited and USD based, not ETH based. Mobilego was a succesful ICO, it was unlimited and it was USD based, everyone had the chance to jump in for weeks. Not stupid 20 seconds like BAT. Good luck with your monopoly BAT holders.

Come on, unlimited is really bad since you plan to build a car but you get enough money to build a rocket. Every crowdfunding should have a cap. Is a must.
ICOs as they are now have problems. How they will evolve is just matter of time. And we will see. I can happen that we will see many people in jail. It can happen none.


Limited ICOs are the new insta mine. Devs and insiders buy it all up and manipulate supply to drive up price and sell it all to everyone else for magnitudes more.

Total scams

golem, gnosis, rls all these super computer scam projects pulled that shit so many more are on to it now too.
Insta ico is a scam.

May as well do a 100% premine to themselves. Since they pay themselves with their own BTC then have full control of the supply.


Avoid let them keep their crap tokens to themselves. They only work because they keep pumping the price and sucking people in with fomo.

Well advertised and open ended. It is then for the community to decide fair value and stop investing past a certain point. After than then it is not worth buying from the ico or exchange.

I was going to create a Insta ICO thread of shit scams to avoid and keep in on page 1 here. Somebody should do this to ensure it is updated and people are aware of their scam tactics.

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June 01, 2017, 12:06:58 AM
 #7

That would be a great idea cryptohunter.

Limited ICOs are only monopolies, like Bassic Attention token.

BAT was limited so they would only accept a limited amount of 156,250 ETH. The ico Ran out in seconds for god sake. Also successful ICO should be unlimited and USD based, not ETH based. Mobilego was a succesful ICO, it was unlimited and it was USD based, everyone had the chance to jump in for weeks. Not stupid 20 seconds like BAT. Good luck with your monopoly BAT holders.

Come on, unlimited is really bad since you plan to build a car but you get enough money to build a rocket. Every crowdfunding should have a cap. Is a must.
ICOs as they are now have problems. How they will evolve is just matter of time. And we will see. I can happen that we will see many people in jail. It can happen none.


What you mean? Mobilego was unlimited time based and end up raising 53million, the cap is 53million. Tokens will begin to worth 53 million / number of tokens.  

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June 01, 2017, 12:56:23 AM
 #8

Limited ICOs are only monopolies, like Bassic Attention token.

BAT was limited so they would only accept a limited amount of 156,250 ETH. The ico Ran out in seconds for god sake. Also successful ICO should be unlimited and USD based, not ETH based. Mobilego was a succesful ICO, it was unlimited and it was USD based, everyone had the chance to jump in for weeks. Not stupid 20 seconds like BAT. Good luck with your monopoly BAT holders.

That's your opinion but not mine, I have another one. For me, limited or not is depend on supply, demand, and speculation. As long price up and down there's profit we can get but must be careful when the price always goes down. Limited or not is just the way that coin can't be monopoly only by one person or corporate. Even currency has policy to limit their product, because if limitness they can't control it. Every coin has their future and we only try to get some profit from their future. Good luck to you.

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June 01, 2017, 12:57:51 AM
 #9

which ico is BAT Huh
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June 01, 2017, 01:42:39 AM
 #10

I already stop buying ICOs, as many from them doesnt pump the time it enters the crypto exchange sites. Many ICOs drop more than 50% of its ICO price. So why bother rush buying ICOs if you can purchase them more cheaper in Polo, Bittrex, C-cex, etc.
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June 01, 2017, 04:27:42 AM
 #11

I agree with Oaks. I like the idea of putting a cap on amount you can buy at one time per address. Sure people will find a way around this by opening more wallets but at least it makes it more difficult for them and will slow it down a bit for others to get in. 
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June 01, 2017, 05:10:39 AM
 #12

Why go for unlimited ICOs? They scream SCAM. If an ICO is limited that means they have usually shown plans for development based on real data and how much they think their business is going to cost to start and develop. Unlimited ICO is just like saying "I need to start a lemon stand business and I already have enough funds, but please give me all your money I definitely won't simply run away with them"








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franc0 (OP)
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June 01, 2017, 06:07:54 AM
 #13

Why go for unlimited ICOs? They scream SCAM. If an ICO is limited that means they have usually shown plans for development based on real data and how much they think their business is going to cost to start and develop. Unlimited ICO is just like saying "I need to start a lemon stand business and I already have enough funds, but please give me all your money I definitely won't simply run away with them"

The ICO in your banner is unlimited time based. So you admitting that is a scam??

https://wallet.aeternity.com/

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