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Author Topic: is EVERY ico a scam??  (Read 21402 times)
Christinebeauty
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September 13, 2018, 04:24:13 PM
 #641

Not every ICO is a scam. Some have committed team who are doing everything possible to make their project successful. Its a matter of doing proper research to select good ones

Kemileye
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September 13, 2018, 04:25:35 PM
 #642

Its true that there are lot of scam ICOs in the crypto world. Most of them finish ICO and abscond with all funds but despite the fact that there are lot of scam ICO, there are also good ones out there.

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September 13, 2018, 04:26:14 PM
 #643

Everybody keeps on saying scam scam scam for all of these ICO's. 90% of them are crap, yes. BUT there is the 10% of them, like vector, who are absolutely not scams. They are good projects that will really help the crypto community grow and its not fair to call an ICO a scam until you have actually researched it and you are sure it is a scam.

Just my two satoshis...
Sorry to upset you but seems that vector is another crap, and here is the announcement from their website:

"Unfortunately, the Vector ICO is a failure.
We are leagues away from raising the amount of capital that we need to make a new cryptocurrency exchange. If you have invested in the ICO please send an email to vectorcryptoexchange@gmail.com with your wallet address you used for the ICO and we will fully refund your contribution."


Anyway, it was a nice try to promote the project you really believed in. Hope that you were refunded your contribution (if any).

adam1230
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September 13, 2018, 04:27:42 PM
 #644

There is a huge ratio on scam icos. On my calculations there is a 60% scam ratio for now. (Which i applied to work for ICO )
So its really hard to find a good one. Also this calculation includes failed and refunded ones too.
galambo
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September 13, 2018, 04:30:22 PM
 #645

Everybody keeps on saying scam scam scam for all of these ICO's. 90% of them are crap, yes. BUT there is the 10% of them, like vector, who are absolutely not scams. They are good projects that will really help the crypto community grow and its not fair to call an ICO a scam until you have actually researched it and you are sure it is a scam.

Just my two satoshis...
Not each ICO is scam. Even i have came accross several promising ICOs and they have really given me huge profits which I can't forget. There are most of the upcoming scam ICOs but we can actually identify them and good and potential projects do come into consideration much quickly so that they could really be worth investing.
I have stopped investing into ICO projects and i only turn for them whenever i see some good potential project turning around and waiting for investors.
masterzino
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September 13, 2018, 04:31:24 PM
 #646

Everybody keeps on saying scam scam scam for all of these ICO's. 90% of them are crap, yes. BUT there is the 10% of them, like vector, who are absolutely not scams. They are good projects that will really help the crypto community grow and its not fair to call an ICO a scam until you have actually researched it and you are sure it is a scam.

Just my two satoshis...
I heard recently about an analysis saying that around 85% of all ICOs in 2018 were scams or didn't fulfill their promises to the full extent.
A bit lazy now to search the info about vector, just hope that this project met your expectations and you reached your goals.


Most of people make no difference between the scam projects and unsuccessful projects. Not all failed projects are some, some just did not rise enough money and could not make it.

nabilanur
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September 13, 2018, 04:34:17 PM
 #647

The issue is how the term rip-off can be used frequently, whenever the truth is not many tasks tend to be the ones that opt for your hard earned money, the majority of merely fall short since they're badly created or even simply because they merely experienced really driven objectives, therefore you should check out nicely the likelihood of achievement of the task prior to trading.
williamtkhoury
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September 13, 2018, 06:10:57 PM
 #648

No, not all the ICO's scams. But most are scam ICOs. But still there are  genuine projects existing.  If you know what points to consider when choosing where to invest then there's nothing to be afraid of.
grimjoever
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September 13, 2018, 06:13:56 PM
 #649

of course not, i already got so many profits from icos so i doubt that. it's true that mostly or some of them is scam or failed but not ALL of them
alvin345
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September 13, 2018, 07:20:34 PM
 #650

Almost all ICOs are looked like scams because a lot of them have so high indexes of profitability. But to be serious, the amount of scam is so frightening now.
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September 13, 2018, 07:55:22 PM
 #651

I do not think it is right to make such generalizations. We know the recent icos failed, did not get enough money, or some problems were encountered. But we have seen many successful ico before Smiley

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tepyh
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September 13, 2018, 07:59:23 PM
 #652

at the moment almost 80% of Ico is a scam. The market has completely sapped and investors are very cautious, and scammers continue to drown this market ... they manage to collect a couple of hundred thousand dollars and go unpunished.

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GolemTrader
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September 13, 2018, 08:08:05 PM
 #653

Although it may seem like more and more ICOs are coming out as cash-grabs with no real product, there are plenty of great ICOs and genuine teams and project that are working on developing something spectacular. At the end of the day, the onus falls on the investor to properly research every project/ICO that they wish to take part in before they go investing in it. With a little bit of research it isn't difficult to make a safe judgement about if the ICO/project is real or not- the success of the project being a different story.
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September 13, 2018, 08:13:17 PM
 #654

most of them are not scam but the ones that are scam are more than the ones that are not scam, we need the intervention of the government to stopped all this fake developers absconding with investors money.

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ongahawak
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September 13, 2018, 08:25:23 PM
 #655

There are  many ICO project now a days that turn  to be scam, that is why if we want to invest in many ICO project we need to be careful  because there are alot of scam ICOs but yes not all ICOs are scam. The best thing we need to learn is how to choose good ICOs.
Ricowavy
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September 13, 2018, 08:31:34 PM
 #656

You know when a majority of something is actually not good people tend to generalise and judge the whole thing as bad. Majority of icos have gone down the drain to be scammy project hence why people has that opinon but doing your due diligence is key to seperate the real ones from the fakes.
marvel21
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September 13, 2018, 08:34:05 PM
 #657

I think no. There are icos are not scams. But we have much fake icos and crypto projects also. So it seem that every ico a scam.

kipo
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September 13, 2018, 08:34:33 PM
 #658

Sure that not! Why do you think so? ICO isn't a scam, not each ICO is a scam because there are a lot of reliable projects and you need to choose a good project now
Fritz93
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September 13, 2018, 08:36:26 PM
 #659

This is not a true statement. There are so many good projects that deserve attention, and in the future will be able to bring good returns to investors.
4garret
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September 13, 2018, 09:30:39 PM
 #660

Everybody keeps on saying scam scam scam for all of these ICO's. 90% of them are crap, yes. BUT there is the 10% of them, like vector, who are absolutely not scams. They are good projects that will really help the crypto community grow and its not fair to call an ICO a scam until you have actually researched it and you are sure it is a scam.

Just my two satoshis...

indeed not all ico is a scam, there are so many ico scam that it can even be said that currently more ico are scam compared to good ico, and that doesn't mean that all ico are scam. maybe 75% of the existing ico is a scam. then you must be very careful in investing in ico.
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