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Author Topic: There are too many ICO, why?  (Read 3065 times)
BigBos
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November 10, 2018, 05:33:23 AM
 #481

ICO's success in 2017 is certainly the basis for many people to make coins and ICO, so this year there are many ICOs, but unfortunately many ICOs are scamming, making investors afraid to put their money in the ICO.
A lot of ICO scams, other ICOs do not have quality, their tokens value constantly decreases when exchanged, which is something that investors are concerned, perhaps because there are too many ICO projects should. has taken away most of the investors, so do not focus on a penny, so they are easily degraded.
well, that's not surprising. so many ICOs are successful now, they can even get more than $ 1 million in short time. so, so many people are competing to realize their dreams by utilizing this ICO. however, some parties try to deceive people.
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Wayan_Pedjeng
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November 10, 2018, 05:47:55 AM
 #482

The number one reason is that anyone with hardly any resource can start an ANN thread here and setup a website and try to attract investors. As of now ICO is the easiest way to get rich for the scammers.
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November 10, 2018, 05:53:30 AM
 #483

Is there is lot of ICO's going on Crypto market but more than 80% of ICO'S are scam. Many people will get rich who are starting scam ICO"s .Be aware of that kind ICO.
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November 10, 2018, 06:00:32 AM
 #484

I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.
Indeed. there are many ICO's that keep on doing good project but the reason why they fail is they get low funds and they even reached their soft cap. They creating more ICO's because it is have different platform and it can be use in different field. If you willing to invest in ICO's you should choose good and trusted ICO.
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November 10, 2018, 06:45:13 AM
 #485

Is there is lot of ICO's going on Crypto market but more than 80% of ICO'S are scam. Many people will get rich who are starting scam ICO"s .Be aware of that kind ICO.
It is very clear that because the ICO can provide huge profits quickly, it is not surprising that many ICOs are deceiving. actually a lot of ICO really gets better because we can be more flexible in choosing ICO for our investment. It's just that now many people use ICO for their personal interests.
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November 10, 2018, 06:49:50 AM
 #486

Many projects ICO, because people are interested in this opportunity to enter the market, with not much effort. All that is needed in the first stage is to make site and tell about his idea, and investors will give money for development.

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November 10, 2018, 07:46:47 AM
 #487

this is business, of course competition is getting tougher.
so don't be surprised if a lot of new ICOs emerge, the problem is.
investors must be observant in choosing an ICO, because of course now many parties want to take advantage of the situation, first study in detail, before you invest. Good luck

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November 10, 2018, 07:49:33 AM
 #488

A large number of ICOs are caused by market chaos, the first choice is because the market lacks supervision, and secondly, most investors are blindly investing, which makes it easy for fraudsters to scam!

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November 10, 2018, 07:49:44 AM
 #489

I disagree with you.  Recently, investors have become much more attentive, so lately there have been fewer fraudulent projects!
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November 10, 2018, 07:55:56 AM
 #490

That's because more and more new ideas are emerging on the application of blockchain, although many of the many ico who only make it carelessly without thinking carefully about the concept for the future. I hope that in the following year the upcoming ico will be more qualified.

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November 10, 2018, 08:25:01 AM
 #491

to find profits in the crypto world there are so many ways that need to be done, one of which is to make the ico project. and most of the current ico projects are carried out by large companies to attract funds from investors. this is done for mutual benefit, both the company itself and the investor.

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November 10, 2018, 08:30:32 AM
 #492

It is also kindof like demand and supply. People see the opportunity, that they can make a lot of money by doing an ICO, and so they do it. Now that so many ICOs fail, I think the number challengers (ICOs) will also decline soon.


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November 10, 2018, 08:36:23 AM
 #493

That's exactly right because of all many ico's upcoming right now many of them will failed so hard and because of many competitor here and every where they will lost everything and also investors. They doing the wrong choices of business that many competitors around but because of this kind of projects many of people given a chance to earn an easy task by promoting a project here so that's why this kind of work many have an interest to be part of it. 
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November 10, 2018, 08:42:29 AM
 #494

Increasing in participants also means increasing of ICOs, there's a certain number of limited participants in one ICO, so many started their own ICO and gather their team and community to grow their coin
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November 10, 2018, 10:13:29 AM
 #495

I have seen so many signature in the forum and some of these signatures are good as i have been also visiting their website, btt forum and their telegram. The project they are also promoting are unique and most of it are promising project. However, this promising project will get compromise because the number of investors will compromised with the number of ICO being introduced. So the money of all the investors if it will be evenly distributed the ICO will not going to success because it could not raise more funds that is why i am raising this thread on why there are too many ICO? A great number of ICO's will increase the chance of the ICO's to fail.
We believe that everyone will not have the same view as one project with another project, each project has its own advantages and products, which is why there are still investors even though there are many ICOs.
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November 10, 2018, 10:16:04 AM
 #496

Everyone just want to raise money and it is the reason.
On the other hand there are some guys who just want to make good product

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November 10, 2018, 10:22:05 AM
 #497

i think because what happened last year that many projects want to gamble.  And also a lot of people want to take advantage of it, they create ICO to scam a people but some have a good intention about this. Many ICOs failed because of lack of investor.
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November 10, 2018, 12:16:05 PM
 #498

I think the reason for many ico should be because of posibilities of cryptocurrency technology and how it could affect many areas of life - the application of this is what motivate people to want to create many use cases for cryptocurrency technology! Lips sealed
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November 10, 2018, 12:23:31 PM
 #499

As we can see , there are sop many active and newly published ICOs nowadays. I think the reason behind it is the number of people or organizations who wants to have their own currencies are rapidly increasing but they don't know the risk if they really gonna engage their lives on it. It still depends on how they gonna managed their own ICOs towards it's success.

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November 11, 2018, 03:12:40 PM
 #500

Projects are created by leaps and bounds, due to the fact that the sphere is only emerging and no one understands where its main application.
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