Why are there so many assholes in ICO industry?

[ice_man75]

Simple, because there are so many dumb-asses out there that are easily attracted to low investing high profit schemes. These dumb-ass' then go on cry about how they were scammed, I mean dude you are paying 2$ and expecting 2000$ in matter of days come on man that's just dumb.

[tofus]

Such assholes can be found everywhere. But ICO doesn't have a regulation, cryptocurrency is a new and technically complex product, so scammers use it.

[Vatimins]

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?

     I could not agree with this more. This is really true and is really happening since the start of the ICOs. I mean, I am not that surprised but just can't help to feel bad about it since instead of being professionals as what people think they are, they act like zoo animals that do as they want because they can or just hates the fact that the other is having better feed backs, gains, and so much more. In fact, I think that people like this will absolutely be increasing more in the next few day, weeks, months and even years. This is human nature and we cannot fight it.

[vasil777]

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?

In every industry where there is big money, there will always be fraudsters who want to make money in dishonest ways. Mutations simply collect money from investors and disappear, we need to fight it.

[quthmvpv]

That's because using fraud can get money quickly in ICO projects. Some bastards have been addicted to this hoax. They don't care about the development of this project. The only purpose is to get your Eth and BTC.

[airdropcoin]

Because of money, many people want to make a lot of money conveniently and quickly. ICO provides them with a good channel! Because there is no supervision by the legal department, these fraudsters can arbitrarily create false ICOs for fraud!

[kristinkamal01]

The main reason for this is all this is money, since many people invest money wherever they are, then others want to make money.

[captin crunch]

Yes they are, but we should not focus on them. There are a lot of good projects and we should pay attention to them, for example Ambit Mining.

[kalama164]

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 all want to earn, do not understand what cryptocurrency is and ico and go to industry ico, you need to start to understand prostitute many articles about the ico and what exactly is cryptocurrency

[[ProTrader]]

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?

The guy have a point, that is why I didn't participate in any ICO. I only buy it if there is a clear path towards their success. Many ICO are only good in promises but failed to deliver what they expect from them.

[Red-Apple]

i don't know why people think this is a new thing and this is only happening in ICO industry! these people who OP is calling "assholes" are the same people who have always existed in the altcoin market and some new ones that saw them and came in. they used to do a different thing to make money (creating useless shitcoins, premining them, dumping for profit, move to next rinse and repeat). now they are doing a 100 times easier thing (ICO) to make a lot more money by scamming people.

[WhaleTank]

Cuz everyone wants money!
whaletank club

[princesocapuyo]

Everybody likes money. People are greedy, they all want to make money where they did not sow. That is why there are so many people who are pushing scam coins into the market. Way too many ICOs that are out there now are pure scams. They are the ones that are ruining the industry for the people who actually have really good ideas and could use the money that these scams ICOs get,

[Aleksandr_ov]

because school children create a product, and how to manage skills there, that's what turns out that a lot of deception and inexperience!

[bantoself]

The same reasons there are many assholes and idiots on this board... money makes people lose morality.

[rarg]

Because by using an ICO project, some assholes can earn free money and run.
Simply, they can give you a good idea, sell tokens and go with the money. I see many things like that happen.

[Nimbusrf]

people are trying to make money in any way and it makes no difference a project will be successful or not. the main thing is to collect money

[a4techer]

Greed is the reason why there are those people existing in this industry. Making themselves partnered with a well known company and you know what? it's a self proclamation that they are affiliated with it.
Another thing are the investors, greedy investors so it's a tie with the greedy developers.

[kingcrypto-the2nd]

the world is made up of  assholes,but you will no notice it because  of the law takes its cause on em.when will this assholes in the blockchain tech be taken care of by the law,at-least the ones on bitcointalk.

[Mihawk]

It really is a sad situation, after the supervisory boards intervene everything is already too late. So, this is the time to start having criteria to accomplish a good ICO, true projects that comes to add. Regarding the subject, we are idiots who fall into "stories to sleep,"they just want to get their money. So studying and analyzing what you are doing is essential to later not complain.