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Author Topic: What is the problem of trust in projects?  (Read 4208 times)
horrifiedx1
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December 25, 2018, 01:02:03 PM
 #441

Crypto market goes to down, basically BTC and ETH goes to huge down.so no have any ways can be successfully ico. Actually ICO platform depends on BTC and ETH invest in my opinion.
If we do not invest any ICO then how it will successful?so now this time every ICO going to scam and ICO failed.
many ICOs ended in failure, most of them chose to postpone a lot of things and included the main sales stage, this is very regrettable because if the marketing stage is postponed it looks unattractive to investors.

The decline in trust is based on unexpected crypto values, preferably next year all ICOs use stable coin payments to reinforce the situation ...
many of the ico projects are affected by the decline in the price of bitcoin, this makes it difficult for them to develop the project in accordance with the roadmap, and in the end ico is not as expected, of course investors lose due to that. and that is what makes them stagnant to play their funds in cryptocurrency

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December 25, 2018, 01:56:58 PM
 #442

Crypto market goes to down, basically BTC and ETH goes to huge down.so no have any ways can be successfully ico. Actually ICO platform depends on BTC and ETH invest in my opinion.
If we do not invest any ICO then how it will successful?so now this time every ICO going to scam and ICO failed.
many ICOs ended in failure, most of them chose to postpone a lot of things and included the main sales stage, this is very regrettable because if the marketing stage is postponed it looks unattractive to investors.

The decline in trust is based on unexpected crypto values, preferably next year all ICOs use stable coin payments to reinforce the situation ...

If there is some governing body over the ICO and the ico team/ project goes under some rules scrutiny and only the good ico can be listed from a centralized platform. This is the only solution if we want to see only good trusted ico in the future.

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December 25, 2018, 02:53:46 PM
 #443

Crypto market goes to down, basically BTC and ETH goes to huge down.so no have any ways can be successfully ico. Actually ICO platform depends on BTC and ETH invest in my opinion.
If we do not invest any ICO then how it will successful?so now this time every ICO going to scam and ICO failed.
many ICOs ended in failure, most of them chose to postpone a lot of things and included the main sales stage, this is very regrettable because if the marketing stage is postponed it looks unattractive to investors.

The decline in trust is based on unexpected crypto values, preferably next year all ICOs use stable coin payments to reinforce the situation ...

If there is some governing body over the ICO and the ico team/ project goes under some rules scrutiny and only the good ico can be listed from a centralized platform. This is the only solution if we want to see only good trusted ico in the future.

Everyone is waiting for that to happen. I'm getting fed up with some types of projects that have deceived some people into taking advantage of themselves. they only think of profits that are taken from someone else's.
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December 25, 2018, 05:53:25 PM
 #444

1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.
This is true, ICOs should at least be regulated or just remove it if regulation wont work.

Quote
2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.
There are many projects become spoiled and only want to depend on ICO fund but they dont even know whether their projects will work and get some demands or not.

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December 26, 2018, 03:36:02 PM
 #445

Crypto market goes to down, basically BTC and ETH goes to huge down.so no have any ways can be successfully ico. Actually ICO platform depends on BTC and ETH invest in my opinion.
If we do not invest any ICO then how it will successful?so now this time every ICO going to scam and ICO failed.
many ICOs ended in failure, most of them chose to postpone a lot of things and included the main sales stage, this is very regrettable because if the marketing stage is postponed it looks unattractive to investors.

The decline in trust is based on unexpected crypto values, preferably next year all ICOs use stable coin payments to reinforce the situation ...

The reason of overall failure of ico is that the team collects the funds before they actually start working on the project and milestones. Once you get the money, the team does not focus on remaining development of the project and tend to leave the project as they already got the handsome amount through conducting the ICO.
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December 26, 2018, 04:04:14 PM
 #446

Yes your right but we can blame all the ICO'S that are being launched because some ICO'S are really profitable in the past year. We just need to be more careful in investing our money to prevent from losing it in those scammers that really want to earn a big amount of money in just a quick click like in a email.

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December 26, 2018, 04:07:36 PM
 #447

There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.


ICO projects do not need to be stopped, even with such a high level of fraud among them. All useless tokens will be thrown out by the market and they will die. Only promising and popular ones will remain on the market. Therefore, there is no need to worry about a large number of ICO projects and unnecessary tokens.
ICO activities need to be regulated. Either try to regulate within this ecosystem, or there should be government regulation, where the rights of investors and bounty hunters will be protected, and the fraudulent ICO teams will forever escape from this type of activity.

Being not against the government regulations in general, I tend to think that we don't necessarily need them in every given place. What I'm not against of is fair regulations, but we all know that some governments are corrupt and thus it would be stupid to expect fair regulations from them. In most cases free market regulates itself much better than such governments can do, and how many fair governments are around is a big question.

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December 26, 2018, 04:29:17 PM
 #448

Yes your right but we can blame all the ICO'S that are being launched because some ICO'S are really profitable in the past year. We just need to be more careful in investing our money to prevent from losing it in those scammers that really want to earn a big amount of money in just a quick click like in a email.
The more famous certain technologies, everyone can use it for bad thing like scamming and phising. It also does happen on cryptocurrency because we had seen in last year that crypto gained the popularity and probably those scammers thought to use this benefit to rob your money.

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December 27, 2018, 12:25:47 AM
 #449

before choosing an ICO project, you should read and research the content of the whitepaper first, you should see the timeline on the roadmap and see who the team is joining in the project. many are fooled by the ICO project for not being careful in choosing ICO. I think ICO also benefits to gain more profit than trading.

I am agree, before join and investing our money in some project, better make a research about their roadmap, whitepaper, or the developers team. Right now many scam ICOs project and we should careful when we decide to join and invest. Join in ICOs sometimes profitable because many bonus we can get
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December 27, 2018, 01:41:19 AM
 #450

the initial problem is the lack of regulations that are responsible for their company legally. From a legal standpoint, many of them are already running and become solutions for products that have not been created in crypto.
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December 27, 2018, 01:45:33 AM
 #451

before choosing an ICO project, you should read and research the content of the whitepaper first, you should see the timeline on the roadmap and see who the team is joining in the project. many are fooled by the ICO project for not being careful in choosing ICO. I think ICO also benefits to gain more profit than trading.

I am agree, before join and investing our money in some project, better make a research about their roadmap, whitepaper, or the developers team. Right now many scam ICOs project and we should careful when we decide to join and invest. Join in ICOs sometimes profitable because many bonus we can get
bonus amount didnt give us any guarantee profit.as we know today much ico projects when it listed to exchanges, price suddenly drop alot and below ico price even its price only 10% left from ico price.
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December 27, 2018, 02:19:52 AM
 #452

Yes your right but we can blame all the ICO'S that are being launched because some ICO'S are really profitable in the past year. We just need to be more careful in investing our money to prevent from losing it in those scammers that really want to earn a big amount of money in just a quick click like in a email.
you can only blame but cannot sue the ico because there are no specific rules for ico who are scams. not all ico are scam and there must be something profitable and it also becomes our challenge and risk when we want to join in, if ico is a scam you might not have been lucky.

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December 27, 2018, 04:38:15 AM
 #453

I give extra
5. To be able to launch ICO, there must be permission from the local government and also the legality of other security agencies or organizations
ensuring the security of investor funds is the main thing that must be placed at the top
all types of fraud will be punished as severely by the international police
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December 27, 2018, 05:25:31 AM
 #454

ICO investors must be careful to join, they should choose projects that are trustworthy and transparent. Indeed, through the ICO project many people are exposed to fraud by bringing money from the sale. Do not even know these investors must report of course not to their government.

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December 27, 2018, 05:33:31 AM
 #455

ICO investors must be careful to join, they should choose projects that are trustworthy and transparent. Indeed, through the ICO project many people are exposed to fraud by bringing money from the sale. Do not even know these investors must report of course not to their government.

Well you can never be too careful when it comes to dealing with icos and even then, you still can get scammed. That's why this year has seen a decline in ico support mainly because of the number of bogus projects that boomed last year.

 
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randyg29
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December 27, 2018, 06:05:09 AM
 #456

We can't trust the all ICO's because their a only few ones that are really legit projects just like the projects that I have been participated in the past few months and it is really hard to know that it is a scam project because of some sort of thing like their white papers and their website but still they got me and I just let them go and the lesson I learned to be more careful by now.

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December 27, 2018, 08:05:24 AM
 #457

for now and the situation and conditions such as this investment by participating in iCO to get prizes is often obtained only fraud and we do not get any reward
richmcrich
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December 27, 2018, 02:09:26 PM
 #458

There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.


If you do follow up with the news, you will notice that not a lot of people fall for the scam. So I believe it is possible to distinguish a scam from the real ones. If others can do it then you should also do the same instead of complain about it. My only idea is that the community should do something about the scammers in the community.

They should find a way to make it easy for people to detect scammers. And as for newbies, they shouldn’t just jump into anything they see without proper research, cause they are the ones who usually for the scam.
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December 27, 2018, 03:59:10 PM
 #459

I don't think the idea of completely destroying an ICO is a good one.
Yes, ICO has created many problems over the past year. We have seen a lot of bad projects. Or scam projects.
But we have seen many good and successful projects. I would like to see something in between. We need a third party to regulate the relationship between developers and the crypto community.
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December 27, 2018, 04:41:40 PM
 #460

There are so many scam projects going on. people are now afraid of joining ico.
1.  i think ico should be removed. because the frauds have multiplied and people are now having difficulty in distinguishing the truth.

2. if there is no money to develop the project, please do not try to project it. also from the ico when it comes to the stock market is not 3k 5k. even lower than the price you get. because the investor does not know which one to buy.

3. no one is buying token, my regimen does not want to spend 3 or 5 years. when it gets 10% higher than it bought.

4. there are hundreds of projects in each stock exchange. Someone stop them.



For me I doubt that ICO will be remove in this forum, it is because most of the utility token who are planning to start here they usually used the form of ico for them to collect fund from their investors to fulfill what is written in their whitepaper itself accordingly. Then, always do make some research first about their team behind the project also how many fund they for the project as well.
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