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Author Topic: ICOs are a legit or Scam?  (Read 32191 times)
kiddeon123
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January 06, 2018, 03:46:57 AM
 #301

there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed.

johnny66
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January 16, 2018, 06:53:00 PM
 #302

How do you know if it's legal or illegal?
LuciferEveningStar
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January 16, 2018, 07:02:01 PM
 #303

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

They are are legit but earning profit from the coins of ico is not really profitable since the value of this coins is decreasing very fast when their coin is already in the market. The best thing to do is just work on bounty campaigns in order to earn their altcoin that you are interested, most of the traders are also working in this campaigns and use their coin in the market to sell or hold.
Leocrypto da Vinci
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January 16, 2018, 09:51:04 PM
 #304

Well, it seems that - for some people - ICOs are a fast way to easy money.
There are a lot of (evident) scams, and a lot (not so evident) of amateurial approach: people that can't manage a spreadsheet but want to manage millions of dollars. It's inevitable in a new market.
But there are also a good number of very well built proposals, so we can't say they are all scams.

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yareklamator
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January 16, 2018, 10:20:19 PM
 #305

Go past the fraudulent ICO. I've seen a good ICO, but there are already white lists closed. Just rumors, social networks with their help learn about promising projects. And everyone wants to invest profitable.
unknown-user
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January 16, 2018, 10:23:29 PM
 #306

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.
There are some which are scams and there are also not. The best thing to do before joining and investing to an ICO is to check for the platform itself and the people behind it in particular with the credibility. That's the risk on ICOs because it is really hard to determine who's not.  I'll recommend TWN . Check it.

wordspavovv
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January 16, 2018, 10:32:20 PM
 #307

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

You will listen to answers like "99% are scams because ..." 100% of people who say such shits have done ZERO research and just repeating bullshit of other people. This is a fact!

ICOs are NOT scams, is the new way of doing business, if you as investor invest to a shitty project with shitty team and whitepaper, then is your mistake!
We have very good examples of good ICOs Steemit , Siacoin, NEO and the list is getting is growing by day with ICO that develop products.
ICOs is a new thing that just started, do not expect every project to be successful, is your responsibility to choose the right one.

The real scams are all the coins like Bitcoin, which are empty tokens and nothing more! ICO are not the scams, are the real investments and coins like bitcoin , dash , Litecoin etc are the scams and the worthless

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glanmarc
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January 16, 2018, 11:00:07 PM
 #308

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

There are some ICOs are scam. BUT however, It doesn't mean that all ICOs are scam. There are ICOs that are legit. Like The electroneum when it is still and ICOs. They stop because there are technical difficulties but look now. How the price of ETN in the market improved. Many are amazed
Mary_Swift
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January 16, 2018, 11:16:52 PM
 #309

there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed.
Yaeh, I agree with this point of view. Nobody will tell you for sure that this ICO is true and this ICO is a scam. If you want to make a profit, than you should do such researches by yourself.
Sureness
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January 16, 2018, 11:31:07 PM
 #310

there are many ICO's that are legit buth there are also some who are scam. So I think that you need to conduct research first before trusting in an ICO. You need to consider the team the goal the function and the strategy of the ICO that you want to join in order not to be scammed.
Yaeh, I agree with this point of view. Nobody will tell you for sure that this ICO is true and this ICO is a scam. If you want to make a profit, than you should do such researches by yourself.


We can't say that all ICOs are legit or scam but we are sure that there are some legit and scam. We can't say what is it but we should have to make sure that we can't be a victim for all of that. So that we can't encounter being scammed.
Orino Suimuri
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January 17, 2018, 12:08:38 AM
 #311

ICO is just a new method to start a business; people make it legit or scam: if there is a real value, a good project and a competent management, results are good.
Of course, if you just want to steal money from people, well... of course it's a scam.

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prototype40
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January 17, 2018, 02:46:53 AM
 #312

It depends. Some are scams and some are legit. There's no surefire way to know but sometimes the signs of a scammy ICO is as bright as day. Just be sure to do your research as much as you can, and see what people have to say about the ICO.

Just be sure to do enough research that you'll be able to decide for yourself and not someone else's opinion.
roadwell890
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January 17, 2018, 02:48:13 AM
 #313

some legit, some scam
just do some understanding about the size of the community, the facts brought and the validity of data presented to investors.
a meticulous investor, will be right in making his choice

Malaya
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January 17, 2018, 02:54:11 AM
 #314

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.

Basically there a lot of ICOs made by their creators, of course, to benefit them and earn. Most of the ICOs as well are scams definitely that's why giving extra caution to which ICOs to choose and join is a must. Having a thorough research about these ICOs could give you a better idea if they are a scam or not. You can look at their development team's portfolio, their whitepaper and road-map to ensure that they are legit. Then, from there you decide. Read also from different forums or website that exchanges knowledge about cryptocurrencies.

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fight2018
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January 17, 2018, 02:56:05 AM
 #315

Chase hot ico is a good way.
by the way ico listed in icodrop is safe to buy.
Xzhyte
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January 17, 2018, 03:00:48 AM
 #316

Its hard to differentiate ICO scams and the legit ones. Well, I think that most of the ICO's out there were legit, you just need to do some research before investing to one. Read the whitepaper,  the road map, and join their community, you can also find a lot of ICO reviews out there on the internet. In order to prevent a loss of money, we must be smarter than those scammers, choose carefully to have a good fortune.

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greenclub09
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January 17, 2018, 03:13:00 AM
 #317

Hi Guys,

Im pretty keen to understand more about ICOs and intend to invest in some.
ANY recommended ICOs and any advise how you guys determine whether is it a legit or Scam?

Thanks in advance.
recently there are more and more ICOs have been born, but the fact is there are very few of them are actuall kegit, ICOs nowadays are too hard to be found which one is scam because they are all the same, without anything distinguish, even when we read carefully informations about the ICO, we can not know which one is exactly scam, so we can only base on luck and the help of communities.

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January 17, 2018, 03:36:21 AM
 #318

We cannot sure if the ICO are legit or scam so better to do your own research. A lot of ICO right now with no good reputation no good pla no road map no whitepaper be careful of choosing ICO and invest what you can afford to loss
Cryptolupus
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January 17, 2018, 09:19:20 AM
 #319

Of course, there are legit ICO and there are scams. Who starts a ICO try of course to make a profit; some of the organizer try to offer real value, other not. In a new market, it's normal; so, we have to keek the eyes open.

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January 17, 2018, 09:23:30 AM
 #320

Its hard to differentiate ICO scams and the legit ones. Well, I think that most of the ICO's out there were legit, you just need to do some research before investing to one. Read the whitepaper,  the road map, and join their community, you can also find a lot of ICO reviews out there on the internet. In order to prevent a loss of money, we must be smarter than those scammers, choose carefully to have a good fortune.

I completely agree with your opinion. Many investors do not analyze the projects they invest in. Analysis is very important. Although I believe that publishing in the media
  It does not say that the project is not scam
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