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Author Topic: How Ico's work ?  (Read 403 times)
Emilstyl
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October 20, 2017, 10:01:09 PM
 #1

Hi Guys.
In the last few days I'm studying 10 hour a day this new world of cryptocurrency.
I came into the ICO thing.
Now i'm just wonderting one thing...
I've seen that since the ICO, some crypto have gaines ridicolous % like 40.000% (Stratis), 20.000% (Ark), 7.000% (QTUM), 6.000% (Lisk) and so on.

I think I can't understand how this work probably.

Does it mean that if I invested 10.000 euros in Stratis ICO, now I will have 4 Millions Euros ?
I don't think it's possible, I can't believe something so easy to get rich exist in this world.

I've been though that you have to work hard, create companies, give value to people and so on in order to get rich. Are all those bullshit ?
I'm kind of shocked. Do you know anybody who become really rich with this cryptocurrency things or those are just legends ?

I've also read somewhere that most of Crypto who get those bumps, is just because you can't convert them in real money and just use them in some close marketplace and so on.

Somebody is so kind to explain to a newbie how does this work ?
I've also seen the bitconnect scam thing... seen videos on youtube about guys making tons of money with that, how this is possible ?
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October 20, 2017, 10:13:37 PM
 #2

Many people have become wealthy with Bitcoin and other cryptocurrencies. Charts show it and everything is clear. But now it's no longer that easy. for now investing in ICOs is more risky. You might lose your money. Those who are rich now with cryptocurrencies are people that believed it when no one knew it or paid attention to it.
If you are new to cryptocurrencies, know that you can make huge money with it, But it is not easy, It needs much efforts and patience.  

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October 20, 2017, 10:22:18 PM
 #3

So it's true. Yeah I know but it's really crazy that.
I will study and study and study until I'll get the right one. Thank you so much Smiley
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October 20, 2017, 10:33:04 PM
 #4

It's simple think of ICO like a easy version of IPO , people offer shares for their project , u buy the share for a price , but the price is fixed by the dev , the price may not be what market values , so it may be having a lower price after it hit exchanges
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October 23, 2017, 10:10:54 PM
 #5

Hi Guys.
In the last few days I'm studying 10 hour a day this new world of cryptocurrency.
I came into the ICO thing.
Now i'm just wonderting one thing...
I've seen that since the ICO, some crypto have gaines ridicolous % like 40.000% (Stratis), 20.000% (Ark), 7.000% (QTUM), 6.000% (Lisk) and so on.

I think I can't understand how this work probably.

Does it mean that if I invested 10.000 euros in Stratis ICO, now I will have 4 Millions Euros ?
I don't think it's possible, I can't believe something so easy to get rich exist in this world.

I've been though that you have to work hard, create companies, give value to people and so on in order to get rich. Are all those bullshit ?
I'm kind of shocked. Do you know anybody who become really rich with this cryptocurrency things or those are just legends ?

I've also read somewhere that most of Crypto who get those bumps, is just because you can't convert them in real money and just use them in some close marketplace and so on.

Somebody is so kind to explain to a newbie how does this work ?
I've also seen the bitconnect scam thing... seen videos on youtube about guys making tons of money with that, how this is possible ?

You have to be careful. Do your own diligent research and dive deep into your research before you invest. There are some very good investment opportunities but their are many more opportunities to lose your funds. Find the project that you understand and can be confident that your research is sound and accurate. Even the most promising projects are prone to failure, but if you pick the right project it has the potential to make you very wealthy. Research, understanding, and sound investment are your best tools so use them diligently.

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October 23, 2017, 10:28:22 PM
 #6

Having to focus on ICOs of altcoins is actually another area very good you can earn good cash. But just like stated, one needs quite some time to really read through their whitepaper. There you get to fully understand what the projects are all about and the people behind the project. You can also visit threads and social media platforms to check and see the Attitude of buyers of the ICO. This can help tell if the ICO will be a success or not.

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October 23, 2017, 10:32:21 PM
 #7

Hi Guys.
In the last few days I'm studying 10 hour a day this new world of cryptocurrency.
I came into the ICO thing.
Now i'm just wonderting one thing...
I've seen that since the ICO, some crypto have gaines ridicolous % like 40.000% (Stratis), 20.000% (Ark), 7.000% (QTUM), 6.000% (Lisk) and so on.

I think I can't understand how this work probably.

Does it mean that if I invested 10.000 euros in Stratis ICO, now I will have 4 Millions Euros ?
I don't think it's possible, I can't believe something so easy to get rich exist in this world.

I've been though that you have to work hard, create companies, give value to people and so on in order to get rich. Are all those bullshit ?
I'm kind of shocked. Do you know anybody who become really rich with this cryptocurrency things or those are just legends ?

I've also read somewhere that most of Crypto who get those bumps, is just because you can't convert them in real money and just use them in some close marketplace and so on.

Somebody is so kind to explain to a newbie how does this work ?
I've also seen the bitconnect scam thing... seen videos on youtube about guys making tons of money with that, how this is possible ?

They never gained so much. Lisk never made 6000%.

Yeah it really works, myself holded couple of times coins which would be now worth hundred of thousand of dollars.
Well the problem is you always sell to low you have to HODL but when you HODL to long you are out...

Basically yeah thats it, btw for making companies and getting rich is also a possibility. It's not like if you have a company you do waaaay more just be smart.
Hard work never pays only smart work does.

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October 23, 2017, 11:48:49 PM
 #8

Put in pennies and wait for them to turn into dollars. 
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October 24, 2017, 12:08:36 AM
 #9

So many ICO threads, I think I understand why people are drawn to them.
They see the how crazy bitcoin haw increased in value and wish they could have gotten in a couple years ago or even just last year.
People think that if they put money into a new project, get in when its cheap, they can hit it big like if they would have invested in BTC earlier.
Here are some things to consider:

-The current ICO market is oversaturated, too many and also too many for profit investors looking for a quick buck.  It's at the point where you can get a coin or token for below ICO price after it hits exchanges and everyone dumps their coin.

-Any reputable ICO will most likely exclude U.S. and Singaporean citizens and residents.

-bitcointalk is full of people claiming that "so and so coin" or "so and so ICO" is going to be the next big thing.  I would take any subjective opinions here with a very, very, very tiny grain of salt.

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October 24, 2017, 12:20:40 AM
 #10

Sometimes many things are avoided
because of the high demand, a coin today is only $ 0.5, but in 1 day could be $ 4 or more
if the trend of demand continues increasing day by day, it could be within 30 days to be worth $ 200
but there are also vice versa, some coin fail after ico and become "deadcoin", coin isn't worth at all
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October 24, 2017, 12:30:48 AM
 #11

Hi Guys.
In the last few days I'm studying 10 hour a day this new world of cryptocurrency.
I came into the ICO thing.
Now i'm just wonderting one thing...
I've seen that since the ICO, some crypto have gaines ridicolous % like 40.000% (Stratis), 20.000% (Ark), 7.000% (QTUM), 6.000% (Lisk) and so on.

I think I can't understand how this work probably.

Does it mean that if I invested 10.000 euros in Stratis ICO, now I will have 4 Millions Euros ?
I don't think it's possible, I can't believe something so easy to get rich exist in this world.

I've been though that you have to work hard, create companies, give value to people and so on in order to get rich. Are all those bullshit ?
I'm kind of shocked. Do you know anybody who become really rich with this cryptocurrency things or those are just legends ?

I've also read somewhere that most of Crypto who get those bumps, is just because you can't convert them in real money and just use them in some close marketplace and so on.

Somebody is so kind to explain to a newbie how does this work ?
I've also seen the bitconnect scam thing... seen videos on youtube about guys making tons of money with that, how this is possible ?

How did you do the computation? If you invested 10,000 Euros in Stratis ICO and it now gained 40% value increase from ICO price, then that would only be 14,000 Euros and not 4 million Euros. Anyway, what you think is impossible is possible here in the crypto world. Growth is not just on the 40% level, there are many others that went as high as 100% or 200% in price growth in a very small fraction of time.

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October 24, 2017, 12:35:00 AM
 #12


It means that if you managed to pick the right ICO, and you allowed your funds to grow that yes your coins would be valued that highly. That being said probably less than 10% of ICOs are from legitimate companies, and maybe 1% have a hope in hell as they have a good team behind it, and a real-world business plan versus a whitepaper that they paid someone on fiverr to write.

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October 24, 2017, 12:37:30 AM
 #13

What we should realize is the real ICO too needs a long period of time to deliver on our investment. It's the scam ICOs that pump like crazy within few times after getting into the exchange.

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October 24, 2017, 01:31:09 AM
 #14

Many people have become wealthy with Bitcoin and other cryptocurrencies. Charts show it and everything is clear. But now it's no longer that easy. for now investing in ICOs is more risky. You might lose your money. Those who are rich now with cryptocurrencies are people that believed it when no one knew it or paid attention to it.
If you are new to cryptocurrencies, know that you can make huge money with it, But it is not easy, It needs much efforts and patience.  

Yes, I agree with you, we must be more careful and thorough in choosing the ICO that we will follow. Because ICO there is a good and also a scam.Kita must note and find out who develepornya.Pilihlah ICO that you understand, of course with precise, meticulous and that patience will be your key to success

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October 24, 2017, 01:57:09 AM
 #15

Hi Guys.
In the last few days I'm studying 10 hour a day this new world of cryptocurrency.
I came into the ICO thing.
Now i'm just wonderting one thing...
I've seen that since the ICO, some crypto have gaines ridicolous % like 40.000% (Stratis), 20.000% (Ark), 7.000% (QTUM), 6.000% (Lisk) and so on.

I think I can't understand how this work probably.

Does it mean that if I invested 10.000 euros in Stratis ICO, now I will have 4 Millions Euros ?
I don't think it's possible, I can't believe something so easy to get rich exist in this world.

I've been though that you have to work hard, create companies, give value to people and so on in order to get rich. Are all those bullshit ?
I'm kind of shocked. Do you know anybody who become really rich with this cryptocurrency things or those are just legends ?

I've also read somewhere that most of Crypto who get those bumps, is just because you can't convert them in real money and just use them in some close marketplace and so on.

Somebody is so kind to explain to a newbie how does this work ?
I've also seen the bitconnect scam thing... seen videos on youtube about guys making tons of money with that, how this is possible ?

before going into the topic I want to say something that "not all business will succeed and not all will fail", if you invest in a ico thing to do is learn the purpose of ico (new company), for what in making the company. how its potential, if you look at a company making a platform that its consumers the whole world community is certainly very profitable, but if it is not in the allocation to the community a little profit opportunity then that will cause ICO to fail. you can get an investment advantage like you said, but you should see the potential of the project (ICO) first

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October 24, 2017, 03:25:33 AM
 #16

Put in pennies and wait for them to turn into dollars. 
That will take almost a year and we must be patient to see about the chart of the altcoin will get hammer anytime. i hold 10k iconomi and i sold them at $3 for each token and that's your point.



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October 25, 2017, 02:09:04 PM
 #17

Put in pennies and wait for them to turn into dollars. 
That will take almost a year and we must be patient to see about the chart of the altcoin will get hammer anytime. i hold 10k iconomi and i sold them at $3 for each token and that's your point.

Well I don't like putting pennies in and waiting for dollars. Better put some dollars in and wait for multi dollars.

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October 25, 2017, 02:31:04 PM
 #18

Hi Guys.
In the last few days I'm studying 10 hour a day this new world of cryptocurrency.
I came into the ICO thing.
Now i'm just wonderting one thing...
I've seen that since the ICO, some crypto have gaines ridicolous % like 40.000% (Stratis), 20.000% (Ark), 7.000% (QTUM), 6.000% (Lisk) and so on.

I think I can't understand how this work probably.

Does it mean that if I invested 10.000 euros in Stratis ICO, now I will have 4 Millions Euros ?
I don't think it's possible, I can't believe something so easy to get rich exist in this world.

I've been though that you have to work hard, create companies, give value to people and so on in order to get rich. Are all those bullshit ?
I'm kind of shocked. Do you know anybody who become really rich with this cryptocurrency things or those are just legends ?

I've also read somewhere that most of Crypto who get those bumps, is just because you can't convert them in real money and just use them in some close marketplace and so on.

Somebody is so kind to explain to a newbie how does this work ?
I've also seen the bitconnect scam thing... seen videos on youtube about guys making tons of money with that, how this is possible ?

How did you do the computation? If you invested 10,000 Euros in Stratis ICO and it now gained 40% value increase from ICO price, then that would only be 14,000 Euros and not 4 million Euros. Anyway, what you think is impossible is possible here in the crypto world. Growth is not just on the 40% level, there are many others that went as high as 100% or 200% in price growth in a very small fraction of time.

I believe that is 40,000% for Stratis, which would be right. 
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October 25, 2017, 02:55:56 PM
 #19

Read:

3 kinds of ICOs - Protect Yourself
https://bitcointalk.org/index.php?topic=2243157
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October 25, 2017, 03:02:53 PM
 #20

Initial Coin Offerings, also known as ICOs is the cryptocurrency version of crowdfunding and are a part of the crypto world that is most likely here to stay. It's one of the easiest and most efficient methods for companies and individuals to fund their projects and for regular users to invest in projects they see value in. An Initial Coin Offering is an event that usually extends over a period of one week or more and in which everyone is allowed to purchase newly issued tokens in exchange for established cryptocurrencies like Bitcoin or Ether. 


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