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Question: Here is a "short" list of some of the current ICOs. Which ones are Scams? You can vote up to 30 times. Feel free to explain below.
AdShares
Dimcoin
Argello
Suretly
Starta
Money Technology
Tezos
Giga Watt
Dao Casino
TrueFlip
Dent
SkinCOin
GilGames
GeoFounders
Neverdie
BattleDrome
7Type
SunContract
Fund Yourself Now
Corion
Nimiq
Space Pirate
Ox
Dentacoin
MonsterByte
Act
8 circuit
Argello
Royal Kingdom
Macrovers Crowdsale

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Author Topic: Which ones are real, Which ones are a scam?  (Read 978 times)
CHRISBIN702 (OP)
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July 20, 2017, 03:07:12 AM
 #1

Ok. I hope we can get some good insight here on these ICOs. Let's be real about this and not only stand behind our signature's ICO. Maybe we can make more educated decisions about our investments through common consensus.

Not for sale.........
Why, how much you got?
shams
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July 20, 2017, 09:40:43 PM
 #2

I am not much active to ICO's at this time I will have a look at this and will research about them. Till now what I have learned about ICO is most of them are scam and only a few are worthy so it's better to research about it first then only invest in those which are worthy.
USBitcoinServices.Com
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July 20, 2017, 11:57:23 PM
 #3

I am supporting dent a coin that is planning to disrupt mobile data, user can trade unused data they already paid for at their mobile company. dentcoin dot com

CHRISBIN702 (OP)
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July 21, 2017, 07:30:26 PM
 #4

I am supporting dent a coin that is planning to disrupt mobile data, user can trade unused data they already paid for at their mobile company. dentcoin dot com

OK cool. Any thoughts on DIMCOIN? They seem to have a lot of support and a lot of investor money too. Hope they are legit.

Not for sale.........
Why, how much you got?
Lorilikes
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July 26, 2017, 09:06:20 AM
 #5

It's hard not to be tempted to follow the frenzy, especially when profits are soaring for the rare exception. 
Most important criteria to adhere to When determining if a project is legitimate or if you are looking and just...some guy is as follows.
There should be a white paper or at least a record of the history of progress including a road map of goals, specific dates and there should be a service, product or a solution to a problem at the heart of it. 
For example:  you might be looking at a scam is the "ICO" is not much other than
Bubzywubbzy Coins hosted by surfsup token platform, no developers working on any thing. Bubbzy wubbzy is someone's uncle trying to skim a buck from the frenzy.
 

Be careful

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sinner
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July 26, 2017, 09:39:07 AM
 #6

probably all of them are scams  Grin

the market is so over-saturated with ICOs.. we're getting to a point where projects have to deliver results, not just hype and marketing.  also, you don't need a blockchain for a lot of things, only things that require censorship resistance.. main thing i see missing in this space is decentralized gambling (mainly poker and prediction markets like intrade).. a lot of projects claim to be working on this for years, so why isn't fucking 1 in the wild yet?
somacoin
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July 26, 2017, 09:58:15 AM
 #7

If you can't sense which projects are real and which ones are scams, it's better to stay away from investing.

Just buy BTC. You will get awesome returns.
Amalker
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July 26, 2017, 10:56:21 AM
 #8

Currently, it is better to refrain from any ICO's. There is so many scam.
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July 26, 2017, 11:01:23 AM
 #9

Assume everything is scam, then search for signs pointing to not being a scam.

I think it is a very bad time to throw money at these projects, SEC, forks, just too much uncertainty, better be conservative with our money.
Seansky
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July 26, 2017, 11:03:03 AM
 #10

Currently, it is better to refrain from any ICO's. There is so many scam.
Yeah it is a good idea to refrain from any ICO's and it is not just so many scams, but probably all of the coins listed on the poll are scam after all, it is still in ICO pace and it is hard to tell which is scam and which is real. Also, some altcoin's name there seems to have been made up on the spot. If there were real ones there, the number of not scam ICO's in the list are maybe one to three ICO's listed.
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July 26, 2017, 11:03:22 AM
 #11

This isn't going to be a useful thread unless people actually contribute their knowledge about a particular alt. BTW, there are discussions that ICOs simply issuing tokens on blockchains shouldn't really be considered crypto alts. But in any case, my comment is about Monsterbyte and why it shouldn't be a scam:

1. No frenzy, because no promise of huge returns. Dividends model.
2. Existing business model. Actual financial reports already published.
3. ICO to raise fixed reasonable amount of $1 million for growth.

Plain, simple, no crazy idea with confusing theories.

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PinkB
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July 26, 2017, 11:33:59 AM
 #12

I dont know which one real or which one scam. I also think its not necessary for me right now.because when i invest any ICO then i will research about the ICO. I will search the source the road map the team all of source about the ICO.
Now in this forum a lot of ICO started and many of them  scam also(may be).But without escrow i never invest any ICO project.
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July 26, 2017, 11:39:13 AM
 #13

I lack knowledge about ICO, but so far I know that dimcoin is a very promising coin, they have some good projects and the flow of funds from investors so smoothly, can not imagine if eventually this coin even a scam.

JNiks_ZLisa
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July 26, 2017, 11:41:06 AM
 #14

Bitcoin - real
Rest of - scam
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July 26, 2017, 12:02:25 PM
 #15

I am not much active to ICO's at this time I will have a look at this and will research about them. Till now what I have learned about ICO is most of them are scam and only a few are worthy so it's better to research about it first then only invest in those which are worthy.
yeah me too,  i dont have much idea on that ico's but i believe that this ico are not scam at all...  Basically,have some idea on what really bounty program it is so that you know where are you going...
chesatochi
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July 26, 2017, 12:13:30 PM
 #16

It is hard to determine which ones are a scam and which ones are the good. You need to spend a huge amount of time investigate each of them and come to your own conclusion.

You can start your research with the following elements:

  • Read the whitepaper
  • Investigate the team
  • Check if you really believe in the solution
  • Look their social media
  • Check on every angle possible

Then check in a few day if you want to participate or not with your hard earned money!

CHRISBIN702 (OP)
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July 27, 2017, 06:02:32 AM
 #17

This isn't going to be a useful thread unless people actually contribute their knowledge about a particular alt. BTW, there are discussions that ICOs simply issuing tokens on blockchains shouldn't really be considered crypto alts. But in any case, my comment is about Monsterbyte and why it shouldn't be a scam:

1. No frenzy, because no promise of huge returns. Dividends model.
2. Existing business model. Actual financial reports already published.
3. ICO to raise fixed reasonable amount of $1 million for growth.

Plain, simple, no crazy idea with confusing theories.

Great! Thank you for adding some substance to this thread.

Not for sale.........
Why, how much you got?
Orrechorre
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July 27, 2017, 06:26:01 AM
 #18

There is no clear indicators that can make people to know the real or scam ico because the scam ico team often has enough funds to throw around for advertisement and thereby attracts a very large audience while the real ico might not even have the funds to finance their project.
renes
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July 27, 2017, 06:45:42 AM
 #19

For me %97-99 of them are not scam but also in my opinion, at the same rate they are not investable. To conclude whether they are scam or not I invest only 2 or 3 of these projects.
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July 27, 2017, 06:54:39 AM
 #20

Your list is all scam.

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