Why are there so many assholes in ICO industry?

[ice098]

Many people want to make a lot of money, so there are many ways of defending humanity to achieve their goal of making a lot of money, so in my opinion those who have done so should not, and will result in retribution later

The main reason is money and since there's a lot money they can get from it when they creating ICO . Also those people are do anything just to get money from others or to all of us even it can hurt to other and they dont even care. That's why before investing in ICO make sure you know it very well because nowadays many scam ICO you might encounter. So I recommend don't easily attractto those ICO saying that you will get higher profit once you invest to them, that is thier strategy just to make you believe them.

[namcunguyen]

Many people want to make a lot of money, so there are many ways of defending humanity to achieve their goal of making a lot of money, so in my opinion those who have done so should not, and will result in retribution later

The main reason is money and since there's a lot money they can get from it when they creating ICO . Also those people are do anything just to get money from others or to all of us even it can hurt to other and they dont even care. That's why before investing in ICO make sure you know it very well because nowadays many scam ICO you might encounter. So I recommend don't easily attractto those ICO saying that you will get higher profit once you invest to them, that is thier strategy just to make you believe them.

In recent times, when the virtual currency boomed violently around the world, the ICO became extremely hot and attracted enormous capital, estimated at $ 2 billion. In many countries, there are many ICO projects with promising appeals, such as x10, x100 times the property in a short time. So ICO is an opportunity to get rich quick and attractive and many ICOS are also scams of global scale.

[KeezAZA]

Read full article:

https://medium.com/@filip.poutintsev/why-are-there-so-many-assholes-in-ico-industry-726260e3f272

Why is your though on this topic?

First of all you need to understand that many assholes are everywhere presented, just the point is that in cryptocurrency industry the concentration of those guys there's the biggest from others

[zhengqiurong2@163.com]

Because these jerkes could not be found, this allowed many capable bastards to enter the field and caused many people to be deceived. I think ICO must be regulated.

[george_crypto]

Every kind of people are everywhere. So better keep the control on good side 

[BlackBoxRecords]

Everyone wants to earn free money. So is assholes. Its our responsibility to not get hijacked by them and lose money. When selecting ICO put very good time to search all the facts about it

It is a business that attracts all kind of people and have a good stance on the side of the less diligent individuals. That is just a sign of the frontier economy that cryptos live in.

[aalborg]

I've read your article and this is true!
ICO industry is full of cheaters want to take your money and run away. The main reason is lack of regulation. Futhermore nobody can punish you and track your real location.
Nobody punish fake advisors or beneficiaries of scam ICO with police or something like that.

[Barbaralehoa]

in any market there are also those who do so. Problems more or less; in the electronic money market, the more bad guys. Because the legal system is poor, there are no remedies if bad behavior.

[28days_ever]

It's better to say why the market is now an ass. Many people are here to make money and in what ways do it anyway. Whether it will be simple fraud or speculation does not matter, the main thing is to get more than you invest. Hence we get such a collapse.

[akishang]

Like the old saying, money is the root of all evil. Same thing goes for ICO scammers. The reason why they scam people is to get money from them by means of ICO. What I hate the most is that they are not being punished. There are hundreds of scam ICO's and I have never heard a news that someone got caught. Hate to say this but there is no justice for those who were being scammed.

[cryptotrade007]

It is true there is really a lot of lousy ICO companies out there.  For some reason a lot of companies customer has dropped to total garbage.  It's like because there's a technological revolution everything else gets thrown aside.

[hakertajniak]

Read full article:

https://medium.com/@filip.poutintsev/why-are-there-so-many-assholes-in-ico-industry-726260e3f272

Why is your though on this topic?

Because so many peoples want to get rich fast. They don't care about being asshole, only think for their own benefits.
ICO is a way to investing your money to cryptocurrency. Investment is need a time to become profitable.
Unfortunately bad peoples used ICO for steal others money, and damaging the ICO itself.

[leviathon]

They are given way too much money than is good for them that is why they are such assholes to other people. They tend to think that since they have made so much money that they are better than others. If you look at their behaviours you will understand that they do not care how much their actions affect people as long as they keep making money.

[bering]

I've read your article and this is true!
ICO industry is full of cheaters want to take your money and run away. The main reason is lack of regulation. Futhermore nobody can punish you and track your real location.
Nobody punish fake advisors or beneficiaries of scam ICO with police or something like that.

because lack of regulations then scam ICO will always be attempts to stole people money with offering fake project but unfortunately they too will ruin ICO and cryptocurrency reputations that currently the people who suffering to get scam from ICO will starting to consider cryptocurrency scam and this is not good for crypto development i think

[BlackBoxRecords]

Read full article:

https://medium.com/@filip.poutintsev/why-are-there-so-many-assholes-in-ico-industry-726260e3f272

Why is your though on this topic?

This industry is unique in many ways, but it has a similar number of stupid people per square inch than the rest. It is a new economy and many different people are inclined to run to it.

[hidden jutsu]

i can guarantee that the main reason for this is money, they see that by running an ico will make a lot of profit, but since their goal is to have a lot of money, they dont even care about the development and any possible growth of the project.

[laluna24]

Definitely to get money from other person who invest in Ico industry. As we all know there are many people become interested in investing in Ico as also scamers truly existing. This is why we have to be careful first when choosing an Ico.

[bayarau]

The main reason for the current deplorable situation in the crypto industry in my opinion is due to the fact that this market is just starting its hard way to the top. Those ten years that there is a crypto currency by the standards of history is just an instant. In order to form reliable mechanisms for managing the crypto-currency market, at least 30-50 years must pass. NASDAQ went its way since 1971, before becoming one of the three major stock exchanges in the United States.

[konflikkastil]

Because so many peoples want to get rich fast. They don't care about being asshole, only think for their own benefits.
ICO is a way to investing your money to cryptocurrency. Investment is need a time to become profitable.
Unfortunately bad peoples used ICO for steal others money, and damaging the ICO itself.

yes, you are right ... with so many bastards at ico it makes investors afraid of investing so many ico fail .. that bastard wants to get rich fast but does not want to work hard and this is really worrying about crypto in the future

[traderethereum]

because they want to get a big money from the ico industry and they know that there will be many people that want to get involved in the ico so they use this opportunity to make sure many people to join with them. but after many people join with them, they only take their money and then run away without any news. but I am sure that soon, they will make a big mistake by cheating many people and they will get caught and the worse is they can get in a jail and it's only a matter of time before they can get this.