Every ICO can F*ck off, especially SONM.

[Shiroslullaby]

In five years (maybe less) this ICO thing is going to be a wasteland.

are you sure about the years thing? more like five weeks or months.

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)

https://en.wikipedia.org/wiki/Dot-com_bubble
lists the biggest gain and then drop from about 1998-2001 so only 3 or 4 years at its peak.
"On March 10, 2000, the NASDAQ Composite peaked at 5,132.52, but fell 78% in the following 30 months"

[1714715247]

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[European Central Bank]

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)
maybe someone can provide a more accurate timeline on this.

but the dotcom bubble was based on actual functioning companies, even if they were crappy ones. they had employees, products, services, serious investors and even customers and actual utility. that all takes real time to screw up and die.

icos are dust built on even more dust. their 'bedrocks' are nothing than speculative playthings, let alone their ico offshoots. even bitcoin has a long, long way to go before it's anything more than speculation.

[paramind22]

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)
maybe someone can provide a more accurate timeline on this.

but the dotcom bubble was based on actual functioning companies, even if they were crappy ones. they had employees, products, services, serious investors and even customers and actual utility. that all takes real time to screw up and die.

icos are dust built on even more dust. their 'bedrocks' are nothing than speculative playthings, let alone their ico offshoots. even bitcoin has a long, long way to go before it's anything more than speculation.

Go on Craigslist and type in Bitcoin and you'll find many people accepting Bitcoin, as do much bigger businesses.  Miners put in time, money and electricity to distribute an honest ledger and get rewarded for it.  That's more than speculation, that's an economy.

[Vlizzjeffrey]

Why do you want to buy at the first minutes the ICO start?
Why dont just try it couple hours after launch, if you still see in the thread pple having issues then look the next day?
Why you you '' need''  to buy from the ICO  the first minutes it launches?

[Vlizzjeffrey]

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)
maybe someone can provide a more accurate timeline on this.

but the dotcom bubble was based on actual functioning companies, even if they were crappy ones. they had employees, products, services, serious investors and even customers and actual utility. that all takes real time to screw up and die.

icos are dust built on even more dust. their 'bedrocks' are nothing than speculative playthings, let alone their ico offshoots. even bitcoin has a long, long way to go before it's anything more than speculation.

During 2000–2002, the bubble collapsed. Some companies, such as Pets.com and Webvan, failed completely and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com, later recovered and surpassed their dot-com-bubble stock price peaks.[2]

See BTC as the ebay or amazon, they surpassed their dot-com bubble peak by more then 100 times.

[vlad06]

The worst thing about it was the official Telegram channel.

Every 1-2 seconds a scammer would spam their own ETH address in a spoof-style message hoping to trick suckers into sending them money. There wasn't a single moderator in sight banning or regulating this, it was total chaos.

[Bowtiesarecool]

I think the best ICOs to invest in at the moment are those with real world values/applications

[Mark537]

Wagerr ICO works just fine

[Aquazi]

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)
maybe someone can provide a more accurate timeline on this.

but the dotcom bubble was based on actual functioning companies, even if they were crappy ones. they had employees, products, services, serious investors and even customers and actual utility. that all takes real time to screw up and die.

icos are dust built on even more dust. their 'bedrocks' are nothing than speculative playthings, let alone their ico offshoots. even bitcoin has a long, long way to go before it's anything more than speculation.

During 2000–2002, the bubble collapsed. Some companies, such as Pets.com and Webvan, failed completely and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com, later recovered and surpassed their dot-com-bubble stock price peaks.[2]

See BTC as the ebay or amazon, they surpassed their dot-com bubble peak by more then 100 times.

Unless the bubble has yet to come

[Shiroslullaby]

https://cointelegraph.com/news/icos-high-on-radar-of-us-sec-regulator-source

I don't know that US regulators can actually do anything about ICOs and I'm not even sure I want them to.
There is money to be made if you invest wisely, and if you lose your money you have no one to blame but yourself.
A lot of stupid people are going to go broke in the next few years investing in ICO projects and, honestly, its going to be really funny.

[ohlawdy]

Just be happy that you can't get in these hyped ico's , big money grab all around.

[cryptonikus]

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)
maybe someone can provide a more accurate timeline on this.

but the dotcom bubble was based on actual functioning companies, even if they were crappy ones. they had employees, products, services, serious investors and even customers and actual utility. that all takes real time to screw up and die.

icos are dust built on even more dust. their 'bedrocks' are nothing than speculative playthings, let alone their ico offshoots. even bitcoin has a long, long way to go before it's anything more than speculation.

Dotcom companies went down because there were too many of them offering things there wasn't a big market for. ICOs may not go this way because the main thing they deal with - their foundation is simply human greed, and you can count on that to go on and on. Just look around and ask yourself why are there still casinos and gambling halls when we all know they're just a legal way for robbing people.

[European Central Bank]

Dotcom companies went down because there were too many of them offering things there wasn't a big market for. ICOs may not go this way because the main thing they deal with - their foundation is simply human greed, and you can count on that to go on and on. Just look around and ask yourself why are there still casinos and gambling halls when we all know they're just a legal way for robbing people.

greed isn't infinite. at some point you gotta offer a glimmer of delivering on your hype. casinos offer it every time you go. that's why you come back.

icos can't continue for a decade without more than a few people actually wondering what this money is actually doing. as soon as that happens en masse it's over.

[ozaeri]

True.
Its hard to judge because there hasn't been anything like this since the dotcom bubble in the 90's
I believe it was about five or six years before everything started to fall apart (1994 to just after 2000 before a lot of big companies went bankrupt)
maybe someone can provide a more accurate timeline on this.

but the dotcom bubble was based on actual functioning companies, even if they were crappy ones. they had employees, products, services, serious investors and even customers and actual utility. that all takes real time to screw up and die.

icos are dust built on even more dust. their 'bedrocks' are nothing than speculative playthings, let alone their ico offshoots. even bitcoin has a long, long way to go before it's anything more than speculation.

During 2000–2002, the bubble collapsed. Some companies, such as Pets.com and Webvan, failed completely and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com, later recovered and surpassed their dot-com-bubble stock price peaks.[2]

See BTC as the ebay or amazon, they surpassed their dot-com bubble peak by more then 100 times.

Some survived but all the companies without any real income stream died very quickly. The ones that survived and thrived were the established players with lots of money behind them. I agree BTC will be one of them but I'm not sure how many of these altcoins there will be, I think about 90% of them need to die for a healthy market to go on.

[stupid_seb]

Check Wagger ICO.
20 rounds. Works great and no issues. And the project is awesome, not overpriced for the future, and relying on a great market and a simple use case (the best of blockchain smart contracts)

That is the way to go.


I agree that other ICO are mostly scams from teams trying to make quick money.
(special prize for IOTA on bitfinex: buy vs. sell is outrageous... )

The best thing we can do is NOT to participate to these ICO.

[The Sceptical Chymist]

I can't say I understand what SONM purports to be--I don't even know what they're claiming, because I haven't read anything about them--but you're pretty on the money, OP.  I'm a firm believer that there's very little innovation in new cryptos that are coming out, that all ICOs are just designed to make money for their developers.

I agree, give it 5 years and we'll see whether any of these projects were worth investing in.  Right now the market just seems to be supersaturated with garbage.

[tehMoonwalker]

Bitcointalk is full of children.

Ok, so you can't get into the most hyped icos EVER. maybe get off icocountdown.com and do a lil research for yourself. No problem getting tons of Wagerr, Dcorp, ZrCoin, PING.

SONM looks to be a scam, so the fuck what, stop ruining the board with your noob fud. If you don't like DON'T BUY! pretty simple. the games up, everybody caught onto making tons of money off ICOS now it's too late - you should be happy you didn't get in by your very attitude

100% this, stop crying noob, you got lucky with sonm its 60% likely a scam

get in wager, or notary very overlooked but honest and decent ico http://www.notary-platform.com/

also you can wait for the 2weeks after ico dump see bat,mgo, lgd, you get most anyway cheaper AFTER ico

stop cry man uip and research

[tarver]

Why do you want to buy at the first minutes the ICO start?
Why dont just try it couple hours after launch, if you still see in the thread pple having issues then look the next day?
Why you you '' need''  to buy from the ICO  the first minutes it launches?

Can't agree more. Do not rush into an ICO at the first minute.

[100action]

even bitcoin has a long, long way to go before it's anything more than speculation.

dont be idiotic now

[rkp13]

Is there any cryptocurrency that people like you haven't tagged as Scam. Most of the media was saying bitcoin is ponzi scheme, bitcoin is scam, bitcoin is dead. you can still find it if you dig old media posts. You can only call it scam if Dev team take all money and run away doing nothing. You can't call it scam even if you loose all you have invested and project fails. Just look stats of Small business in US, 90% of them fail within first year and 90% more within next 5 years. I think blockchain projects are no different.

Bitcointalk is full of children.

Ok, so you can't get into the most hyped icos EVER. maybe get off icocountdown.com and do a lil research for yourself. No problem getting tons of Wagerr, Dcorp, ZrCoin, PING.

SONM looks to be a scam, so the fuck what, stop ruining the board with your noob fud. If you don't like DON'T BUY! pretty simple. the games up, everybody caught onto making tons of money off ICOS now it's too late - you should be happy you didn't get in by your very attitude

100% this, stop crying noob, you got lucky with sonm its 60% likely a scam

get in wager, or notary very overlooked but honest and decent ico http://www.notary-platform.com/

also you can wait for the 2weeks after ico dump see bat,mgo, lgd, you get most anyway cheaper AFTER ico

stop cry man uip and research