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Author Topic: is EVERY ico a scam??  (Read 21392 times)
bravehearth0319
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September 10, 2018, 11:55:26 PM
 #601

The hype of ICO's last year was really the sign for opportunists to take advantage of the situation. Almost any group who can create good whitepaper is qualified to be an ICO. That was the problem that need to be resolved. One way to do that, I agree with the US legislator to give passport to the ICO's. It means that ICO team should be verified first before giving them the signal to crowdfunding. In this way, trust can be brought back. ICO's are really good great alterntive in finding easy ways in several traditional processes.
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setialovers
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September 11, 2018, 12:36:59 AM
 #602

No, you can't say like that. Because there are still good ICOs. As well there are a lot of scams in the crypto field. But we can't tell, every ICO is a scam. We should read out the all of Website, Whitepaper, ANN Thread and telegram chat before involving any ICO project. So this is the way to prevent the joining of scam projects.

Not all ICOs scam because many ICOs profitable when landed on market. With rising people interest on crypto market, many peoples create fake project for their own benefits. We should keep research first before join in some ICOs 
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September 11, 2018, 05:07:38 PM
 #603

No, every ICO is not scam. There are some ico which are scam but there is also some good ICO like Dominium. Which have a good market.
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September 11, 2018, 05:31:08 PM
 #604

One should be careful of fallacy of hasty generalization here. Not all are scams, not all set out to scam, not all would scam, however, there are bad eggs whose sole aim is to scam. Those that would later turn out to be scam are those that failed to reach their soft or hard target, and quite a few do find it difficult to repay those that have invested, I don't know why. Just a few in this instance though. I have read about 1 in particular. They are still dragging the payments. The scam ICO are banking on people's vulnerability, especially, those who have little knowledge about crypto. And that isn't a good publicity for all those involved.
veekky
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September 11, 2018, 05:33:29 PM
 #605

Not every ICO coin is a scam, but majority of them is a scam, like 70% of all ICOs. It is competetive and dangerous market, so you have to be patient and careful.
Avoid scam ICOs, make analysis!
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September 11, 2018, 05:36:57 PM
 #606

No every ico not scam. But most of ico are scam and they leave their projects after getting peoples money. But there have sone good ico too.
Dobriy 4el
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September 11, 2018, 05:37:33 PM
 #607

It isn't necessary to say that all ICO swindlers, are a lot of good, with worthy products and the good ideas. Just many projects already appeared with ICO, and haven't provided a product and are still at a development stage
5hoop5
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September 11, 2018, 06:00:27 PM
 #608

Now, in fact, there are a lot of topics about ICO companies. And also about how they work and develop. But I do not believe that all companies are scammers. This is very strongly said. Until now, there is a small percentage of these flourishing projects. And this is a fact.
tanvir232
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September 11, 2018, 06:02:47 PM
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 #609

It's true that most of the ICOs are a scam. But, to be honest, not all the 90% you mentioned are scam. Most of the ICOs are failed to run because they are failed to raise the fund. ICO investors have been decreased recently. We can't call those scam, therefore.
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September 11, 2018, 06:08:14 PM
 #610

Although we cannot say every ico is a scam, we cannot ignore the fact that too many of them are really scams. Some ico have scamming intentions right from the very beginning.  Other Ico raises huge amount of money that can turn a person into very greedy and in the end will scam investors hard earned money.

There are still some ico out there that are legit and have potential. Just do research and invest wisely.
kanmo
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September 11, 2018, 06:11:00 PM
 #611

Irrespective of the fact that most of the ICOs are scam I still believe that there are still good ICOs with potential out there. The most important thing is to carry out research in any project before investing in it.

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September 12, 2018, 12:37:24 AM
 #612

what I see here are bounty participants who complain about not getting tokens, and say they are scam. just be patient, sometimes the process takes up to 4 months and it will actually be paid. not all ico is a scam.
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September 12, 2018, 12:42:13 AM
 #613

Hell no! not all ICOs are scam. There are good ICOs out there with good team support. It is very necessary to research in order to come out with these good ICOs among the bad nut ICOs. Always seek support from expert if you cannot identify a good ICO before investing because some of the scam ICOs come with interesting and catchy ideas to attract investors.

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September 12, 2018, 12:51:30 AM
 #614

yeah .. this is the biggest year of the scam. where a lot of projects are left running away by project makers ... they seem to go without responsibility. after getting investment from investors they ran away without thinking of the people who had supported it
Asawakobana2017
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September 12, 2018, 12:55:46 AM
 #615

yeah .. this is the biggest year of the scam. where a lot of projects are left running away by project makers ... they seem to go without responsibility. after getting investment from investors they ran away without thinking of the people who had supported it
I think not all of the ico is scam, there are some ICO that is not scam and profitable it depends on how do we understand and choose good ICO for good. We need to choose widely because we can loss or gain on ico due to the different types of ICO scam we need to be more careful about it.
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September 12, 2018, 02:34:37 AM
 #616

Well, you can't say that. After all, it is so wrong and incorrect.
It is seen that most of the people on the forum, not familiar with this subject as statistics.

People might be providing a figure of 50%-80% of all ICOs are scam which may be a result of their experience. So if it is at 80%, finding the 20% which is the legit is very hard to find it now. The worst thing is that some scam ICO will give you their tokens but it will only sit there in your wallet and will never have a chance of hitting into the market.

antran123
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September 12, 2018, 08:14:24 AM
 #617

Sincerely most ICOs are scams but not all. We still have better projects, better ideas and innovations coming up through ICOs. The job of an investor therefore should be to look for a profitable ICO to invest in
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September 12, 2018, 09:24:39 AM
 #618

No every, but more than half projects which were able to collect money, still don't present any working product or project ideas were wrong. Blockchain technology don't make money, project need to have good business model to be succesfull.

tanvir232
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September 12, 2018, 09:26:59 AM
 #619

not every ICO but most of those are scam, at least 50% are totally scam. Those come for stealing people's money. Another ICOs are not scam but most of those failed to raise fund and can't able to continue the project.
cris17
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September 12, 2018, 09:31:42 AM
 #620

There is a lot of perspective ICO project which will change our lives for the better. Just need to know how to analyze ICOs and pick the best.
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