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Author Topic: Every ICO can F*ck off, especially SONM.  (Read 3572 times)
bustomi
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June 17, 2017, 09:56:44 AM
 #41

Yeah your right, ICO also depends on crowdsale itself, so be careful when we chose some ICO
tehMoonwalker
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June 17, 2017, 10:23:48 AM
 #42

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.


if the ico refuse escrow its highly suspicious, if you dont care your deal, but dont compare it to btc scam acusations




JosNekoKopa
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June 17, 2017, 10:25:53 AM
 #43

ICO's are popular because they have created good environment for this kind of investment, because few of them were so successful that cannot be compared with any other ways. But people neglecting facts that ICOs still holding "first place" in scams.
I think we cannot do anything about that, only to educate people to recognize obvious scams..
vlad06 (OP)
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June 17, 2017, 01:50:37 PM
 #44

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

Who's crying? I'm merely expressing anger at the lack of professionalism. If they want 30 million dollars from investors they better have the competence to deliver a working website without errors, and they sure as hell better pay some fucking moderators to purge the scam artists from the discussion groups.

prabakharras
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June 17, 2017, 04:05:44 PM
 #45

The ICO is working only because speculators are supporting the market, once fundamental kicks in and people networth gets wiped out is when things start to realize

thangoffshore
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August 18, 2017, 12:02:23 AM
 #46

The ICO is working only because speculators are supporting the market, once fundamental kicks in and people networth gets wiped out is when things start to realize

When that time come {quite far from now in my point of view}, many of ICO investors got the profit that they ever wanted.

Omega Weapon
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August 18, 2017, 02:11:18 AM
 #47

ICOs should be either regulated and bounded to follow some rules to protect investors or should be forbidden.
There is no way that you can invest into something which offers no investor protection.
Greedy investors are unable to comprehend what risk they've agreed to by trusting their money to ICO managers.
There is rarely any innovation these days and certainly no decentralization.
There are going to be some attempts like what the SEC is doing at the moment but that is not going to stop ICOs, there is simply too much money to be made for the developers and they are not going to stop creating new projects as long as people are willing to invest in those projects without any kind of protection, if people required all of those protections we are talking they will not invest in ICOs on the first place.
stupid_seb
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August 18, 2017, 04:17:24 AM
 #48

ICOs should be either regulated and bounded to follow some rules to protect investors or should be forbidden.
There is no way that you can invest into something which offers no investor protection.
Greedy investors are unable to comprehend what risk they've agreed to by trusting their money to ICO managers.
There is rarely any innovation these days and certainly no decentralization.
There are going to be some attempts like what the SEC is doing at the moment but that is not going to stop ICOs, there is simply too much money to be made for the developers and they are not going to stop creating new projects as long as people are willing to invest in those projects without any kind of protection, if people required all of those protections we are talking they will not invest in ICOs on the first place.

I hope, that after SONM, EOS and BNT, some participants will have learnt their lessons: Looking at the price x nb tokens and get the MCap of the project beofre investing.
Imho, the recipe for an ICO, based on the amount of cash needed for development and the expected returns is:

- raising between $2M and $10M maximum, CAPPED amount.
- ensuring a fair token distribution, with multiple rounds (avoid the IGNIS drama), over couple weeks.
- making sure that it brings your Market cap not more than $20M to $50M. (that leaves a x2 potential with some announcements, community drive, and product releases before arriving on exchanges, and leaves room for a x10 to x100 if the company becomes a global hit)


Omega Weapon
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August 22, 2017, 01:37:58 AM
Last edit: August 26, 2017, 02:14:41 AM by Omega Weapon
 #49

ICOs should be either regulated and bounded to follow some rules to protect investors or should be forbidden.
There is no way that you can invest into something which offers no investor protection.
Greedy investors are unable to comprehend what risk they've agreed to by trusting their money to ICO managers.
There is rarely any innovation these days and certainly no decentralization.
There are going to be some attempts like what the SEC is doing at the moment but that is not going to stop ICOs, there is simply too much money to be made for the developers and they are not going to stop creating new projects as long as people are willing to invest in those projects without any kind of protection, if people required all of those protections we are talking they will not invest in ICOs on the first place.

I hope, that after SONM, EOS and BNT, some participants will have learnt their lessons: Looking at the price x nb tokens and get the MCap of the project beofre investing.
Imho, the recipe for an ICO, based on the amount of cash needed for development and the expected returns is:

- raising between $2M and $10M maximum, CAPPED amount.
- ensuring a fair token distribution, with multiple rounds (avoid the IGNIS drama), over couple weeks.
- making sure that it brings your Market cap not more than $20M to $50M. (that leaves a x2 potential with some announcements, community drive, and product releases before arriving on exchanges, and leaves room for a x10 to x100 if the company becomes a global hit)



This is something that I think as well, and I think the cap is the most important, I do not see why a project needs to get tens of millions of dollars or even hundreds of millions as some ICOs have raised, after that kind of public support there is nothing for the coin but to go down, the developers need t understand that even if it is understandable they want to raise as much money as possible they need to put the needs of their investors as a top priority as well.
An0nyMoose
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August 22, 2017, 01:49:22 AM
 #50

Dude ICOs are amazing. Yes, many are scams but you need to realize lots of them are legitimate companies that are launching tokens to start their business and have no intention of scamming or stealing from you. Actually the opposite.

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Pfizer
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August 22, 2017, 01:56:42 AM
 #51

SONM really caused a huge loss for me too. I joined the ICO and the biggest regret for me. They sold 30 or 40 million dollar euqivalent SNM tokens, but they couldn't manage to be on reputable exchangers. This is also interesting, we still have liqui with zero volume. After this experience, I learnt not to join every ICO randomly.
3x2
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August 22, 2017, 01:59:21 AM
 #52

ICO is the best way to grab some candy from bitcoin holders, These days so many ethereum blockchain based ICO are going on, all server for raising money, they want to be behind the curtain and grab your money and then run away, search and think wisely before you invest in any ICO.
johanesrobin
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August 22, 2017, 02:20:31 AM
 #53

SONM really caused a huge loss for me too. I joined the ICO and the biggest regret for me. They sold 30 or 40 million dollar euqivalent SNM tokens, but they couldn't manage to be on reputable exchangers. This is also interesting, we still have liqui with zero volume. After this experience, I learnt not to join every ICO randomly.
Right I agree with you, SONM is a good project and everyone trusts it. After the ICO ended I thought Dev would work with a big exchanger like Bittrex. I am still disappointed with SONM because the price is so cheap from ICO prices.
Omega Weapon
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August 26, 2017, 02:17:16 AM
 #54

SONM really caused a huge loss for me too. I joined the ICO and the biggest regret for me. They sold 30 or 40 million dollar euqivalent SNM tokens, but they couldn't manage to be on reputable exchangers. This is also interesting, we still have liqui with zero volume. After this experience, I learnt not to join every ICO randomly.
Right I agree with you, SONM is a good project and everyone trusts it. After the ICO ended I thought Dev would work with a big exchanger like Bittrex. I am still disappointed with SONM because the price is so cheap from ICO prices.
If you like SONM and you think it has a future and that it can go up in price then this is the perfect opportunity to buy SONM since it is so cheap, you are going to get even more earnings than all of those that bought at ICO prices, personally I will not invest on it, but if you want to take a shot this seems like the perfect moment to do so, since you do not have too much to lose.
Kimpoiluiseta
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August 26, 2017, 04:29:56 AM
 #55

not all ico is bad
same time ico with sonm, monaco price incraese very high, not long time after ico selling end
about sonm , i think need major exchanger, maybe added to bittrex can incraese sonm price

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stupid_seb
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August 26, 2017, 02:57:22 PM
 #56

MCO was a great ICO

Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
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August 26, 2017, 03:10:07 PM
 #57

MCO was a great ICO

Don't buy tokens with a mcap of more than $30M anyway... see EOS, bancor, tezos...
The cio which already raised a lot of money will be difficult to grow because the room already filled by the investors, if the supply already over and it can be filled by anyone anytime. That makes there is no interest to buy those coins with high result of ico. Such as bancor and tezos can be considered as a good example.

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August 26, 2017, 03:14:17 PM
 #58

not all ico is bad
same time ico with sonm, monaco price incraese very high, not long time after ico selling end
about sonm , i think need major exchanger, maybe added to bittrex can incraese sonm price
I think it will be very long SONM can list on Bittrex because this project has lost a lot of potential investors about the delay of the project, which makes long-term investors SONM give up
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August 26, 2017, 05:52:52 PM
 #59

These ICO models really do not work any longer. It's just impossible to get into them in time. Many like me failed at getting on Bancor even though the ETH was sent in good time, it eventually came back as transaction failed.

I had the SONM ICO countdown loaded 8 minutes ago and when it hit '0 seconds left' the entire site went down, and now refuses to load. The Telegram channel is 50% goons trying to swindle people into sending ETH to a false address, and the other 50% is people complaining that the site isn't loading or the real address isn't working.

Fuck every ICO.



Now you can be happy. Sonm is widely priced under Ico. You did not make a loss and you did not lose any money .
Which is also also good which you could not buy with the ico . I hope you have neatly bought at 1400 Satoshi  Grin
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August 27, 2017, 07:44:14 AM
 #60

May be all need to see on perspective not on pump/dump. Team work hardly. And listing on exchanges not main goal for team. And it must be so for all. Then people will cease to get money any who promise quick XX.
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