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Author Topic: Too many ICOs  (Read 4688 times)
natsu01
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March 07, 2018, 01:47:15 AM
 #121

Too many ICO's but only few are legit and trusted, most of them are scammed. So before investing, make sure that it is good ico to invest and it has great team.
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March 07, 2018, 01:50:05 AM
 #122

In 2017, so much icos bumped 10x or more with nothing, ico founders find it is easy to get $10m ~$100m.

So the icos comes like the flood.
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March 09, 2018, 05:42:20 AM
 #123

Now many people do ICO not for the sake of project development, but for the sake of collecting money. Often they have no goals to develop their product. This is due to the fact that investors are not literate and can not distinguish a scam from a really worthwhile project!
yeah there is a saying that 'stupid investors are too many that scam projects are not enough', but i think this situation will change as more people get to know what they are really investing, then people will be careful when they participate in ico
Dumb investors are never in short supply, you only need to see what happened in December of the previous year to know that I'm right, many people invested in bitcoin and altcoins when they where at the all time high, and now those people are regretting their decision and they may even learn from it but soon enough a new generation of investors is going to come in and are going to make the same mistakes.
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March 09, 2018, 06:21:09 AM
 #124

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
I've seen too many threads that are asking about on how to learn about new ICO's and on how to know what are the good ones. Well again the use of their token, real people who are working for their development, marketing, partnership are the few things that I'm considering of choosing the ICO's that IMHO will have the potential to grow and will follow their road map honestly. All of these I can see with VLB and they are having their ICO right now.

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March 11, 2018, 04:30:25 AM
 #125

BUt just compare number of ICO with IPO.
I'm sure - it will be similar

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Apes
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March 11, 2018, 04:41:38 AM
 #126

indeed there too many ico's matter a fact you can ever hardly keep up with and that why we should be selective toward our investment in this icos.
Must be careful before following ICO because lately many new ICO and some are cheating. learn first and what vision and mission and fahamni first before following so as not to regret .. all depends on your intelligence in choosing and assessing ICO.
alieknov
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March 11, 2018, 04:43:48 AM
 #127

Because ICO is very popular nowadays. It's the new trend in the internet since you earn money from this.
Many people knew about ICO. Even highschoolers know this.
Even older people are joining ICOs.
It is a trend and everyone are on it.
Enzo05
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March 11, 2018, 06:02:10 AM
 #128

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

I always double check the ICO's if its really legit so before I invest my money I am pretty sure I gain profit but nowadays there is a lot of ICO that is seems to be legit but you still need to conduct research of a specific ICO . Start with their location and team . If you think they have the potential to gain money and will make boom on the market then go ahead and invest ! Smiley
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March 11, 2018, 06:02:57 AM
 #129

Yes and it's much harder to check them one by one nowadays. I often check ICO ratings and join some communities that discuss ICO to help me speed up my research so my list will go down less than 10.
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March 11, 2018, 06:07:15 AM
 #130

You have to find the good ICO's, which honestly isn't that hard.  A good website is easy to create, but what are they actually saying they are going to accomplish?  I try to remove the ICO from my mind and just think about how the company will sell whatever they say they are building or have built?  If there's a market for the product, that means they can sell it for a lot more over the long term than just taking ICO money and running.

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tutchpa
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March 11, 2018, 06:20:25 AM
 #131

yes totally agree with your post. too many icos..too many information..difficult to choose correct ico. when you are going to choose an ico don't depend on advertisements/ico rating sites/crypto genius comments/recommendations ect..always based on your own research
if you re a newbie and you don't have a knowledge of doing proper research i will briefly tell you how to select a good project with an example.i would like to choose CVProof as an example.
cvproof is a project which connects job seekers and human resource managers via efficient way called website called cvproo.com.you can realize this is a brand new project concept. always choose this kind of brand new concepts with a real ground level value.always dont forget to pay your attention on the team also. cvproof also has well-talented team. so don't afraid to select this kind of projects
good luck

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Hopeful2017
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March 11, 2018, 06:25:26 AM
 #132

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

That is certainly true. There are aljready alot of ICos around. That is also the reason why facebook regulated ICO advertisment. Almost all ads also in google are about ICOs. To know if one ICO is good one, you have to read the whitepaper, the website and lastly, check the developers if they are real.

andrei56
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March 18, 2018, 02:45:25 AM
 #133

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
I've seen too many threads that are asking about on how to learn about new ICO's and on how to know what are the good ones. Well again the use of their token, real people who are working for their development, marketing, partnership are the few things that I'm considering of choosing the ICO's that IMHO will have the potential to grow and will follow their road map honestly. All of these I can see with VLB and they are having their ICO right now.
All of the factors that you bring up are correct, but even when you know what to look for it can be difficult to find a project that has all of that because there are simply too many projects to look at, so something that should be more simple it is not simply because of the huge number of icos that are in the market and when we take into account that some projects that do not have anything of that still pump in price that confuses people even more.
dalesotpi
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March 18, 2018, 02:55:43 AM
 #134

Hey,

with all these ICOs going on in parallel it seems impossible to stick out for a good one.

Reddit and this forum get flooded with announcements of new ICOs making it almost impossible to spot good ones.
Facebook blocked ICO advertising.
Google Adwords blocks use of word ICO in ads in certain countries already.
Twitter is drowning in ICO announcements.
Listing pages are popping up everywhere, too.

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?

Yes there are way too many ICOs nowadays, and we need to be careful which to invest. In my point of view, many ICO aren't half bad or not bad at all. there are a lot of sites for us to get acquainted with them (e.g. https://bitcointalk.org/index.php?board=238.40 or http://www.bountiesalert.com/#subscribe).
There are also great projects with real world applications and extremely useful products. The best thing to do is to check background of the dev team to which you wish to join then you'll be fine.
vickycoin05
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April 19, 2018, 11:24:56 PM
 #135

What are the ways you guys use to learn about new ICOs and how do you find out the good ones ?
I've seen too many threads that are asking about on how to learn about new ICO's and on how to know what are the good ones. Well again the use of their token, real people who are working for their development, marketing, partnership are the few things that I'm considering of choosing the ICO's that IMHO will have the potential to grow and will follow their road map honestly. All of these I can see with VLB and they are having their ICO right now.
All of the factors that you bring up are correct, but even when you know what to look for it can be difficult to find a project that has all of that because there are simply too many projects to look at, so something that should be more simple it is not simply because of the huge number of icos that are in the market and when we take into account that some projects that do not have anything of that still pump in price that confuses people even more.
I agree, having many ICO Project makes us confused which one is the best and which is legit. The most problem that we have here is to find a legit ICO, since their are some ICO looks like promising but in the end of campaign doesn't exist anymore. To find the best is not a problem, which for me it ok to me if the ICO is not the best as long as it's legit and can be trusted by many here in the forum.
faceoff97
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April 22, 2018, 11:36:16 PM
 #136

Regulations should be done to atleast reduce the number of ICOs coming. Set of standard and requirements should be implented before an ICO is to be launched. Scamming project are continously increasing, ICOs just serve as a mean for thief to steal money from the people. There were countries who actually do some regulations and this actually helped to reduce the numbers of ICO.

Since we cant avoid the fact that we can bump in to an Scam ICO, its really a must to take a lot of reading before joining one.
Mypanara19
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April 23, 2018, 12:55:17 AM
 #137

Regulations should be done to atleast reduce the number of ICOs coming. Set of standard and requirements should be implented before an ICO is to be launched. Scamming project are continously increasing, ICOs just serve as a mean for thief to steal money from the people. There were countries who actually do some regulations and this actually helped to reduce the numbers of ICO.

Since we cant avoid the fact that we can bump in to an Scam ICO, its really a must to take a lot of reading before joining one.

I agree with this. I have previouly tried joining icos but unfortunately my 1st ever ico participation became scam and it was with Chronium. It was really frustrating and very disappointing for all the investors like me since we do not know how and where to turn to when things like this happen. And project developer and its entire team could easily escape because no group or body is regulating this kind of business venture. Token/coin developer must be accountable for the investors money.
marufnang
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April 23, 2018, 01:44:24 AM
 #138

Yeah, we will find out too many ICOs today. The ways that I commonly use is by checking it based on the whitepaper and website that represent their project goals, roadmap, team, token supply, token allocation, and also everything about the ICO clearly. It is also important to see the reference to the project based on the team, manager, and others with high experience.
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April 23, 2018, 11:01:43 PM
 #139

There are to many ICO in crypto currency but i want to share a coin named THUG COIN which have no ICO . Yes you can't believe but yes THUG COIN has no ICO. That coin only dropping its coin on Airdrop and completing bounties on completing different tasks . I am telling you That coin will go to the moon very soon. also available in etherdelta , forkdelta, yobit, ddex exchanges.
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May 06, 2018, 08:15:17 PM
 #140

That is the truth. There are way too many ICOs right now. It may be taken as a good sign or a bad sign. A good sign because it simply means that ICOs are generally productive and successful as an investment-generating tool. The result of which is that there are now many projects that opted to raise funds through an ICO. Bad because it seems that the market is really getting overcrowded and clogged. And many of these ICOs are scams. There is no other way to determine which one is legit but through a very careful study of the entire project.
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