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Author Topic: ICOs are a legit or Scam?  (Read 32126 times)
Pompa
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January 18, 2018, 09:12:36 PM
 #361

Yes of course many ICOs are a a legit just be carefully to choosing ICO because we have ICO are scam ICO project we need to choose carefully good project and  legit ofcousre
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January 19, 2018, 06:44:33 PM
 #362

I think there is a mixture of both good and some bad ICOs and some that are scams. it is the same in any ecosystem. The best thing is to just do some research and take your time before investing into an ICO.
The mixture of both is a bad thing. If those bad ICO's were removed then there would be more money being sent to the legit ICO's.

 
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January 24, 2018, 07:22:00 PM
 #363

I can recommend ICO Mark.Space.  You can find the link in my signature. This is a project that stands confidently on its own feet. It has a good clever team and an understandable position. They just held a successful presale.
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January 24, 2018, 07:43:12 PM
 #364

Nowadays there are many ICO's going, so it is very difficult to identify which one is good and genuine. So before getting involved in any project, it is important to research about it, to find out about the team that is handling the project and the background of the company. I would suggest you one of the best ICO now that is Arcblock, it is a trusted project and experts believe that Arcblock has a great future.
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January 25, 2018, 09:38:39 AM
 #365

legit or scam depend on your choice. Cause there are a lot of ICO projects but the number of scam project is better than legit project so it'll be fine if you can choose the right one to invest in. But everyday I can see a lot of people trapped by investing in scam project just because they don't have much experience in this earning way.
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January 25, 2018, 11:44:17 AM
 #366

legit or scam depend on your choice. Cause there are a lot of ICO projects but the number of scam project is better than legit project so it'll be fine if you can choose the right one to invest in. But everyday I can see a lot of people trapped by investing in scam project just because they don't have much experience in this earning way.
it's a lot of fraud but some are not fraud, therefore before we dive into the project we have to read white papers, look at their road map and we must also know their vision and mission.

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January 25, 2018, 11:49:46 AM
 #367

if I think the ico is a scam or legit is very difficult usually ico is a scam because no one is investing in the ico so I suggest to follow the flow if many are investing then we follow too.
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January 25, 2018, 03:31:29 PM
 #368

it's a lot of ico who came out earlier this year and some of them are not good ico, to get satisfactory results we hope not to choose the ico, we can find out in the community of coin business about ico that is

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January 26, 2018, 10:42:49 AM
 #369

There are both many scams and legit projects out there. For example, my current portfolio consists of Monero, Redchain, Giftz, and Titanium. Check them out and let me know what you think.

Unfortunately many of ICOs are fraud. Their creators are great scammers that deceive people only with one purpose: steal much money and vanish forever. Some countries make attempts to legalize ICO to make their administration be responsible for their actions. However, it is not easy to do.
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February 13, 2018, 06:11:41 PM
 #370

There are both many scams and legit projects out there. For example, my current portfolio consists of Monero, Redchain, Giftz, and Titanium. Check them out and let me know what you think.

Unfortunately many of ICOs are fraud. Their creators are great scammers that deceive people only with one purpose: steal much money and vanish forever. Some countries make attempts to legalize ICO to make their administration be responsible for their actions. However, it is not easy to do.
ETH Dev team must find something to do against scam ICO
kevin135
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February 13, 2018, 07:11:14 PM
 #371

Hmm , most of the ICOs are legit. But some of them can be scam the scam once are rare.

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February 27, 2018, 08:43:52 PM
 #372

Crypto market is a far west, so you can find scammer at every corner. It's up to you to detect them and to not be scammed.
But there are a lot of opportunities, and some ICO are very promising.
Far west is not eternal, there will be regulations
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February 27, 2018, 08:50:34 PM
 #373

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.

Determinig whether it's legit or not is hard thing to do.
For a start, you have to make sure you understand the project. Is the project relevant or has some real world use?
You just have to keep on monitoring the project as some may start and look legit in the beginning and end up being left behind by the developers.
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February 27, 2018, 09:07:08 PM
 #374

Both.  How do you discern which is which?  I recommend doing due diligence on the existing business operations, to see if it has existing traction; understand how blockchain provides differentiating value for the business model, and research the trustworthiness of the leadership team.

Check out the ICO for RLCoin, an enterprise solution for loyalty: www.rlcoin.io.  The product has existing traction with 250 clients and partners in Europe and Asia.
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February 27, 2018, 09:08:08 PM
 #375

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.

Determinig whether it's legit or not is hard thing to do.
For a start, you have to make sure you understand the project. Is the project relevant or has some real world use?
You just have to keep on monitoring the project as some may start and look legit in the beginning and end up being left behind by the developers.
The fact is that in many countries, governments have decided to prohibit the crypto currency, And justifies it by the fact that the crypto currency is a threat to their national security. What exactly is the danger or threat, no one said. so the issue of legalization is closed for the time being.
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February 27, 2018, 09:14:26 PM
 #376

ICO are legal,but you should be very cautious when you are going to invest in ICO as more ICO are conducted to gain more and more funds from investors,no proper project,no proper idea,no clear idea,only scams.So before investing in ICO make your research as much as you can,get all detail from all your sorces internet,social media etc,when your are fully satisfied go ahead and invest.Value of coin in ICO is usually low,so when these coins are traded at exchange level,their prices are high in this way you can enjoy more return.So differentiate between good ICO or scams.Always be calculative.

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February 27, 2018, 09:19:45 PM
 #377

Initial Coin Offering is so profitable but most of them are scam. I think 50% of them are legit. Thats why i always look to the road map and whitepaper for sure its legit. But kost of all i look if that ico got huge crowd investor
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February 27, 2018, 09:38:03 PM
 #378

I think there is a mixture of both good and some bad ICOs and some that are scams. it is the same in any ecosystem. The best thing is to just do some research and take your time before investing into an ICO.
Any conduct of an ICO is legal until it is found to be illegal. Over the past year, of the 902 ICO campaigns conducted, only about 31 percent have been fraudulent, although just about 60 percent have not achieved success. Therefore, the situation with the ICO is not so bad. I believe that ICO as a whole is very necessary, since it enables the development of the Crypto-currency and improve it.

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February 27, 2018, 09:51:43 PM
 #379

They are all legit, but some of them are scams and want to gather the investors money and run away, because they know no one will find them, and there is the problem. If you want to invest somewhere you first start learning how to invest and in what, for how long and does it worth it? Many people complain about losing their money, but the fault is all theirs, not the ICOs.
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February 27, 2018, 10:01:42 PM
 #380

I think there is a mixture of both good and some bad ICOs and some that are scams. it is the same in any ecosystem. The best thing is to just do some research and take your time before investing into an ICO.
Any conduct of an ICO is legal until it is found to be illegal. Over the past year, of the 902 ICO campaigns conducted, only about 31 percent have been fraudulent, although just about 60 percent have not achieved success. Therefore, the situation with the ICO is not so bad. I believe that ICO as a whole is very necessary, since it enables the development of the Crypto-currency and improve it.

I am afraid this percent is very high. But the most important is that this percents are growing and more scam projects are being made.
This is bad for all of us, not only for good ICOs. I hope we will find a way to separate scam projects for the good ones easier.

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