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Author Topic: Over 90% of ICOs are a scam  (Read 4209 times)
Dondont
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June 05, 2018, 10:34:12 PM
 #461

I think because what happens now is competition between ICO. can be assumed like this :
there are 10 boxes that have different ICO different names that have the same size, then there is 1 hole that is suitable for the box, but can all the boxes enter the hole at the same time ? I do not think so. that's the ICO competition. who qualify for the better, and who do not match expectations are destroyed

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June 05, 2018, 11:01:42 PM
 #462

I don't think people understand the difference between Scam and Fail, most of the project in the space will fail not because they are scam project but because it is a natural designed, the rate at which start up project fail is like 9 out of every 10. Even the so hyped projects in the space now some of them will end up with zero value, remember Yahoo
I do not understand why the ICO failed because the project was unpopular, they were still trying to develop the project but for some reason the project failed and they failed you will fail. According to them. But fraudulent projects are not real, they just staged sites and communities to cheat people.

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June 05, 2018, 11:43:17 PM
 #463

Yes I also think like so, it is better for us to invest in projects or coins that are already listing in the exchanger
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June 06, 2018, 02:54:38 AM
 #464

There's only some ICO who are legit and good to invest ,because most of the ICO are scam and many people are scared to invest to the ICO project because they did not want to lose their capital so other people do they wait the token or altcoim to listed to the market and they buy to make sure that their moneg is safe.
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June 06, 2018, 03:04:17 AM
 #465

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

ICO fraud certainly detrimental I too have experienced it. This made me disappointed but there is still an awful lot of ICO which is nice so we don't need to fear. In choosing the project did indeed need to carefully especially if we want to invest. 

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June 06, 2018, 03:08:37 AM
 #466

With so many ICOs out there, a few are going to be bad or scams but not that many. That's why researching the ICO project, its community and advisors, and most importantly its team  is very important. Usechain is one such great ICO currently.
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June 06, 2018, 03:29:28 AM
 #467

More than 90% of ICO are scam is completely wrong statement but there are many ICO still, developing the what they mentioned in the roadmap. Everything will depend on choosing the best ICO, in order to choose the right ICO.
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June 06, 2018, 03:35:48 AM
 #468

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....
Increasingly there is a lot of new ICO-ICO emerging. But it's true most of the ICO is Scam. But yes although many are the scam, keep in mind also there are many good and promising ICO. It's just that we have to choose in great detail and keep an eye on the ICO we follow. Yes, the point is just a matter of everyone's luck.

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June 06, 2018, 04:02:30 AM
 #469

The founder of ETHEREUM said that over 90% of ICOs are scams. By participating in an ICO, you give your money to a project that probably will never happen. Every day a new ICO comes out ... but what surprises me is that many people invest their savings in these very high risk projects. I think it is much better to invest in real projects already listed on the stock exchange .... of which you know everything well ... For example, BANKERA looks like an ICO scam .....

ICO fraud certainly detrimental I too have experienced it. This made me disappointed but there is still an awful lot of ICO which is nice so we don't need to fear. In choosing the project did indeed need to carefully especially if we want to invest. 
Looking at the website of a phishing project we are very easy to spot them, their website is very simple, almost incomplete information or have enough information is also very skilful, no one invested because They do not have a passionate community, so it's easy to spot them so do not rush to make a thorough analysis, which can take a week to analyze.
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June 06, 2018, 04:35:55 AM
 #470

In 90% you say. There are also ico failures by poor team development, insufficient investment, poor advertising, no real meaning, etc., leading to failure. But that does not mean they are all scams. The job of the investor is to find the really good ico. If 90% is fraud, ico does not exist to this hour
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June 06, 2018, 04:37:51 AM
 #471

Yes, I believe that the ICO is becoming increasingly chaotic and abusive from the rules of rights and intentions of many. However, can not control it right now, I'm afraid that there are a lot of fake ideas or called dead projects. I was in an EOZ campaign with months of waiting, and there was absolutely no response or announcement. It is becoming increasingly difficult to diagnose and analyze a quality ico to invest.
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June 06, 2018, 06:14:37 AM
 #472

I do agree to ethereum founder, the ICO just waste your money and dry of your pocket. Don't be lazy to invest on altcoin on market, they more promising than ICO that give you desperation. I think you all clever to choose which one is good. Don't be trapped on ICO ilusion.
There is nothing to deny about the fact that there are certain projects which are reported as scams but I don’t think so that such projects are scam themselves. In fact, the ones who are there are the ones who are busy in scamming and that they are using different kind of the techniques to grab the money from others by making them fool as this then helps them in having more money.
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June 06, 2018, 07:29:46 PM
 #473

Last 2 months i have seen many scams.  Vionex was the best scam ever!
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June 06, 2018, 07:32:11 PM
 #474

Last 2 months i have seen many scams,but Centra and Vionex were best scams ever!
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June 06, 2018, 07:34:00 PM
 #475

It seems to me that the number of dishonest ICO has long exceeded the mark of 90%, which is why ICO is no longer popular.
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June 06, 2018, 10:36:06 PM
 #476

All ICO's are not a scam one, it completely depends on choosing the best project. Recently most of the companies have the vision to develop what they mentioned in the roadmap. There are some fake ICO's but we have to be very careful choosing those.
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June 06, 2018, 10:41:27 PM
 #477

I dont believe this is true at all, and am not sure the founder of ethereum really said that, though they are a lot of ICO scams,but they are viable ones which as good future.
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June 06, 2018, 10:57:50 PM
 #478

yes every one want thief money form investors but now investors are alert they research about ICO before they invest their money it is better fir investor and for every one because no one want to loss their saving. we should read the white paper  and do research about the team member that they are real or not.
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June 06, 2018, 11:02:10 PM
 #479

Most of the ICOs don`t even have a prototype. People are paying for the whitepaper which is sad.
Bad ICOs are like startup projects which has failed to get investment from VC and crowdfunding sites.
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June 06, 2018, 11:37:06 PM
 #480

i think that 90% is an huge percentual, it's unrealistic in my opinion, there are a lot of many promising ico outside that want to change the technology of the future. Yes, there are a lot of stupid projects that use the blockchain just to raise some capital and give to their investor token without a real usage, but this is not scam in my opinion, the fault is of the investors that don't study where they put their money.

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