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Author Topic: Is this a scam  (Read 19899 times)
Seskjaler (OP)
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November 05, 2017, 07:34:22 PM
Last edit: November 06, 2017, 04:42:37 PM by Seskjaler
 #1

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/
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November 05, 2017, 07:35:43 PM
 #2

You need to better understand, and yourself check the scam or not. Because one site is not an indicator

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November 05, 2017, 07:49:12 PM
 #3

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.
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November 05, 2017, 08:24:08 PM
 #4

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

What does it means for you - "seems nice"? Do you know that 95%+ ICOs will be dead in the near future. I dont mean all of them are scams but most of them will be fail. As well as in the ordinar business. Don't ever invest in ICO only because it is looks nice. Research it as much as possible by yourself in details: whitepaper, team and their past, technology comparing to the competitors, realism of their plans based on the roadmap. Invest in something you are really know, that you will use by yourself.

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November 05, 2017, 08:28:34 PM
 #5

Please share the link to their website and social media, and explain more detail proof that they are scam? it might make it easier for some of the people here to identify your questions
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November 05, 2017, 08:38:05 PM
 #6

You need to be very careful regarding ICOs. If you cannot check the ICO yourself you should listen to any warning signals. If a site has a reasonable argument why an ICO is a scam and you cannot doublecheck yourself... don't invest. You may miss an opportunity, but otherwise you will get scammed sooner or later.
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November 05, 2017, 08:42:57 PM
 #7

This web-site looks poor and not very nice. Also now is a bad time for ICO. BTC is rising and ALTs are falling.

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November 05, 2017, 08:54:18 PM
 #8

You need to better understand, and yourself check the scam or not. Because one site is not an indicator
That's why he's asking others as he don't know and he can't dig up that much with researching if that is a legit thing or scam.

This web-site looks poor and not very nice. Also now is a bad time for ICO. BTC is rising and ALTs are falling.
I find it poor too as it's very slow in loading but seeing the whole website loads it's quite neat and simple. Well most of the ICOs are just for the profit and you decide for yourself if you'll invest there but my suggestion why invest in ICO if bitcoin is more of a trend?



 

 

 

 

 

 


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November 05, 2017, 09:32:37 PM
 #9

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.

I totally agree with deepcryptomine, investing in ICO's without perfectly chosen one it's very risky. If you experienced user then yes, you can try in good ICO like Kyber Network where users been selling emails in order to be whitelisted and participate in Initial coin offering.

Best option so far in last 2-3 months was just waiting when the project is available on exchanges and buy on dips and the meantime instead of waiting for exchanges purchase some Bitcoins.

Remember ICO's at early stages can be very risky investments, they need a lot of time before can prove that they are worth your hard-earned money.
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November 05, 2017, 09:33:24 PM
 #10

This web-site looks poor and not very nice. Also now is a bad time for ICO. BTC is rising and ALTs are falling.

Exactly, they dont have a lot of budget and this is why they are a poor ico, they dont even have the funds to create a good campaign and not even to hire a good designer, and this is the first reason of why the investors doesnt put a money in those shady icos, i dont understand why most of the developers are still having the same issues everytime.
And regarding to the OP, try to read the whitepaper, if it does not convince you, then try to find a new ico, or just stay away from them for a while.

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November 05, 2017, 10:19:24 PM
 #11

You better to do research by yourself, it is bad if you just follow people all the time. You can start a research by reading their whitepaper, roadmap, knowing the team members, etc. You can say scam to any projects until there is an evidence. Goog luck and stay safe!

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Reatim
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November 05, 2017, 10:31:01 PM
Last edit: November 05, 2017, 11:18:50 PM by Reatim
 #12

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

If some website says its a scam, then you should investigate it further and see why and how they concluded it. Used your common sense. Its hard to tell if a ICO is a scam unless several red flags is raised, like the team behind, whitepapers their roadmap, etc. Maybe this is the reason why coinanalysis.io. If you want to be really safe then don't invest on it. Simply as that and go on the next ICO.









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November 05, 2017, 10:43:16 PM
 #13

The best strategy is not to invest in ICOs. You can always invest later once it is available for trading and/or once the project proves itself.
What do you mean then? You are going to wait till the ICO has worth it? You do know that in order for you to prove it that way, you need to wait for it to be completed, right? So what if the ICO is successful and you did not join the campaign, then it will be too late, right? So you will have regret and blame yourself for not being able to join.
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November 06, 2017, 12:22:59 AM
 #14

To identify whether is a scam or not, check the whitepaper, website and more importantly the Token Agreement. If there is a legal entity with a jurisdiction it's unlikely to be a scam.
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November 06, 2017, 04:42:21 PM
 #15

Please share the link to their website and social media, and explain more detail proof that they are scam? it might make it easier for some of the people here to identify your questions

Here you go, I will update the post
http://coinanalysis.io/avesta/
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November 06, 2017, 06:40:58 PM
 #16

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/

In my assessment this site was not good I think. Perhaps it is much better for you to forget that site and focus on buying bitcoin then hold in a long term. At least in a long run you will get profit for sure.
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November 08, 2017, 08:21:04 AM
 #17

Hi, Representing Avesta here.

If you don't trust the Coin Offering I wouldn't invest in it.

As for the quick moderation (removal of scam accusations and FUD) on all websites and platform we want to proof Avesta team has plenty of silent partners in the crypto world. Except the one website made by "Evan" from coin-anal-isys who seems to be on a personal crusade against Avesta.
And now the user: Seskjaler trying to support him.

We're not from yesterday and are in the crypto scene for quite a while, and have built a huge network of Devs and Crypto Companies.
None of the team has any bad reputation, and all proof that people come op with it that we're not hiding and we actually have legal companies.
And they even proved we have mining farms! While they accuse us of offering fake services.

I would kindly request to leave us alone unless you have some actual proof.
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November 08, 2017, 08:52:48 AM
 #18

On cryptocompare.com, I found the Avesta ICO - it looks nice, but coinanalysis.io says they're a scammer.

is that true?

Edit: Forgot the link http://coinanalysis.io/avesta/

Do you think that someone will tell the truth here? You can try to find here this project, see what the people are writing. If there are many dissatisfied, then most likely it is true. But, negative reviews in that branch can be deleted by the local moderator.


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November 08, 2017, 08:55:52 AM
 #19

Best is to check around and try to see the team's profile, if they are legit. Also asking on telegram or slack helps as well.

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November 08, 2017, 08:56:33 AM
 #20

I'd stay away from it.
My 2 cents.

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