Bitcoin Forum
June 21, 2024, 12:06:06 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »  All
  Print  
Author Topic: Are ICOs scam?  (Read 5410 times)
dukemc
Full Member
***
Offline Offline

Activity: 431
Merit: 102


View Profile
September 19, 2017, 03:21:34 PM
 #21

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
So far, ico now has too many of them, and sometimes you will get confused in which them are really potentials, but of course still you need to be careful anyway on choosing ico. Maybe that's one of the reason why China banned the ico to their country.

Thats true but China not banned the ICO´s they try to find regulations for this. On the one side it is good that there is be a regulation on ICO (because of scamming) but on the other side it´s bad for investors Smiley I say all adult people in this scene should know what to do. Others should leave there hands from such things.
Captain_Planet
Full Member
***
Offline Offline

Activity: 448
Merit: 102



View Profile
September 19, 2017, 03:24:04 PM
 #22

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
So far, ico now has too many of them, and sometimes you will get confused in which them are really potentials, but of course still you need to be careful anyway on choosing ico. Maybe that's one of the reason why China banned the ico to their country.

Thats true but China not banned the ICO´s they try to find regulations for this. On the one side it is good that there is be a regulation on ICO (because of scamming) but on the other side it´s bad for investors Smiley I say all adult people in this scene should know what to do. Others should leave there hands from such things.

Yup.  Grin
jackhero
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
September 19, 2017, 03:24:47 PM
 #23

actually no fakes are scam at all,
i think You should invest in community coffers, which are less scarmed than other coins,
Twinkledoe
Full Member
***
Offline Offline

Activity: 1904
Merit: 138


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 19, 2017, 03:25:49 PM
 #24

Gaining as much info as I can from different perspectives.
Captain_Planet
Full Member
***
Offline Offline

Activity: 448
Merit: 102



View Profile
September 19, 2017, 03:26:24 PM
 #25

actually no fakes are scam at all,
i think You should invest in community coffers, which are less scarmed than other coins,

What are community coffers?
coingrow
Full Member
***
Offline Offline

Activity: 364
Merit: 102



View Profile
September 19, 2017, 04:00:57 PM
 #26

Not all ICO's are scam. Infast some of the best ICO that you can think of investing are - kyber, hazza, dragoncoin etc.
With the ICO regulations comng in, all the scam ICO's will cease to exist, and this was a much needed step. I am happy and positive about ICO future.

anon4250158
Sr. Member
****
Offline Offline

Activity: 266
Merit: 256


View Profile
September 19, 2017, 04:35:00 PM
 #27

There are certainly some good ICOs out there with innovative ideas and technologies that really do need the money to get up and running.  There are also plenty of scams, and they can be hard to spot.  Always do your research, including looking up the team members' social media pages to see if they are legit.  And of course, never spend more money than you can afford to lose, even if it isn't a scam and simply flops.
fire_aries
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
September 19, 2017, 04:38:24 PM
 #28

Now a days there are many ICO's are there. There is a risk of failure or scammed. self study before invest is must
DigiAset
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
September 19, 2017, 10:55:46 PM
 #29

All ICO's are not scam.. lot of good projects with great team..
prehisto
Full Member
***
Offline Offline

Activity: 882
Merit: 112


Your Data Belongs To You


View Profile
September 19, 2017, 11:41:13 PM
 #30

i hope that they are not since i am going to invest in one of them.  Grin

I think that it is case by case issue, some of them can scam you,some  are legit.
In essence it is same as with StartUps , they can fail or go broke intentionally .
Good example is Juicero.


X L S L A B S ◉◉◉ INTERNET OF TRUST ◉◉◉ X L S L A B S
If you care about your personal data, you need to understand its future.
▬▬▬▬▬▬▮ TelegramTwitterBitcointalk ▮▬▬▬▬▬▬
sexcoyote
Full Member
***
Offline Offline

Activity: 276
Merit: 100



View Profile
September 20, 2017, 12:23:57 AM
 #31

some icos are pure scam but some icos really good project and they will be good in the future.
shinratensei_
Legendary
*
Online Online

Activity: 3136
Merit: 1025


Leading Crypto Sports Betting & Casino Platform


View Profile
September 20, 2017, 12:31:24 AM
 #32

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
So far, ico now has too many of them, and sometimes you will get confused in which them are really potentials, but of course still you need to be careful anyway on choosing ico. Maybe that's one of the reason why China banned the ico to their country.

Thats true but China not banned the ICO´s they try to find regulations for this. On the one side it is good that there is be a regulation on ICO (because of scamming) but on the other side it´s bad for investors Smiley I say all adult people in this scene should know what to do. Others should leave there hands from such things.
The PBOC has announced the banned if that was a temporary until the regulators will be finding a way to make such a regulation to the icos, There are so many scammers in these days that gives the mandatory for them to protect their civilian or even the investors to not get scammed by the scammers.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
FarmerOak
Full Member
***
Offline Offline

Activity: 231
Merit: 100



View Profile
September 20, 2017, 12:33:22 AM
 #33

Most are legit projects that will fail, some are full out scams. There's not one size

Mariya03
Member
**
Offline Offline

Activity: 124
Merit: 10


View Profile
September 20, 2017, 12:45:00 AM
 #34

Initial Coin Offerings (ICOs) are not scam. Why ? because ICOs are the one which proposes campaigns here in Bitcoin. ICOs are really best in investment and it will bring good to the projects and investors also if they succeed. But as of now, you should be careful because there are lot of selfish people who is trying to use ICO as a scam for their own benefits.

irwanjabryg
Hero Member
*****
Offline Offline

Activity: 980
Merit: 512



View Profile
September 20, 2017, 01:28:27 AM
 #35

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
So far, ico now has too many of them, and sometimes you will get confused in which them are really potentials, but of course still you need to be careful anyway on choosing ico. Maybe that's one of the reason why China banned the ico to their country.
Good step, ICO can not be separated from crypto world. this is the way to make it easy to create crypto based projects. The biggest mistake is we do not know the potential ICO.
and how to differentiate it while the ICO is overwhelming. Obviously this is worrying. China is the leading country that is concerned with this condition.
ICO requires special regulation so that everyone feels safe to invest.
NathanJB
Sr. Member
****
Offline Offline

Activity: 756
Merit: 251


View Profile
September 20, 2017, 01:33:46 AM
 #36

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.

Would you care to mention the ICO you have just taken part of? I hope you did some checking of the project and their credentials before you did your investment. That was very necessary especially when talking about ICOs. But I think it was legit since they collected a huge amount.
mudasarali43
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
September 20, 2017, 05:03:13 AM
 #37

No no All ICOs are not a scam, China make some rules and regulations due to this ICOs will change the criteria according to those rules and regulations but it's not for all over the world its only for chines.
lady pink
Newbie
*
Offline Offline

Activity: 49
Merit: 0


View Profile
September 20, 2017, 05:11:26 AM
 #38

I just joined an ICO, is there any possibilities that I will be scammed. They have just collected $5-10 million.
So far, ico now has too many of them, and sometimes you will get confused in which them are really potentials, but of course still you need to be careful anyway on choosing ico. Maybe that's one of the reason why China banned the ico to their country.

Thats true but China not banned the ICO´s they try to find regulations for this. On the one side it is good that there is be a regulation on ICO (because of scamming) but on the other side it´s bad for investors Smiley I say all adult people in this scene should know what to do. Others should leave there hands from such things.
Do you have any proofs of defending that china is regularizing ICO? China do shit like this to show their power. There is no other reason for china doing all this shit.
Quietman
Sr. Member
****
Offline Offline

Activity: 292
Merit: 250


View Profile
September 20, 2017, 05:41:20 AM
 #39

Not all ICOs are scam. To avoid ending up a loser when joining ICO, I look up to Bounty and campaign managers. There are many reputable  people who manage the project well. Some are just making and ICO for personal interest. And I agree mostly are not scam but most ICOs end up unsuccessful.
frowsiter
Sr. Member
****
Offline Offline

Activity: 714
Merit: 261


View Profile
September 20, 2017, 06:25:13 AM
 #40

There are many things that can happen with an ICO. For example, an ICO might be so much successful that it will just make you rich within the night time. There could be possibility that an ICO may not raise enough funds to give their token or coin a good price tag which means it will take long time to hit the break even of your investment or you may not reach the break line. This might not look like a scam but it's going to be your loss. And there will be some intruders who are opening the ICO just to scam people in first place. They will raise any kind of funds small or big and later might not get listed on exchanger so theoretically there won't be any way to exchange your tokens which is just shit contract that they made. Must be careful about them. There is no proper way to look after good and bad ICO.
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!