cryptothreads
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May 23, 2018, 09:35:01 AM |
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Every day more and more ICO collect money, and then disappear. Do you think we need sanctions for ICO?
I do not think it needs a more stringent measure to change the ICO. The current ICO is a lot but we do not have the right to stop it. It is simply a call for capital to establish a new altcoin. If it does not qualify for a call, the idea is that it will be kicked out of the Crypto market because it does not have enough capital to carry out the plan.
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shinratensei_
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May 23, 2018, 09:42:07 AM |
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Every day more and more ICO collect money, and then disappear. Do you think we need sanctions for ICO?
I do not think it needs a more stringent measure to change the ICO. The current ICO is a lot but we do not have the right to stop it. It is simply a call for capital to establish a new altcoin. If it does not qualify for a call, the idea is that it will be kicked out of the Crypto market because it does not have enough capital to carry out the plan. In fact it's just about the competition between every ico to attract more and more investors. So many experts are saying this trend will be so long. At least for a decade and others were expecting the ico trend will be the last until 2030. But if the more countries can accept icos as a way to raise the funds. And I guess this will be long. This time it can't be predicted we will see the regulation and the development of icos.
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Jaycee99
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May 23, 2018, 10:03:49 AM |
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Actually and yes but technically the one who work and do fake ICO are the one who do technology and knows information technology as well its hacking so the ICO team is fake, "posible" that they well have a way that no one will track them.
Possible they can be in jail the government will do something about it. It will end if the government will keep track on everything like cryptocurrencies and ICOs.
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cewekimut
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May 23, 2018, 10:05:24 AM |
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Yeah, we see how they come and go rapidly days by days. We can realize only some ICOs that really control their token after the distribution. However, many also other ICOs that really offer the different concept that can attract us. here, it depends on the ICO developer itself. The bad issues of the ICO like this can also lead the situation and trust of the ICO decrease. We also realize how an ICO struggles to reach softcap and some make efforts to support the token. Here, I cannot predict how far ICO hype will last.
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superscommessebitcoin
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May 23, 2018, 10:20:27 AM |
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We need strict rules for ICO projects. Need to those people who carry ICO failed after completing it just to disappear. We also need rules that will not allow weak projects to enter the market. Either to do well or not to do such a project.
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da7a1oad3r
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May 23, 2018, 10:28:28 AM |
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I don't think it ever end, the ICOs need hype as an air, without hyping they won't be able collectiong such sums of a money
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pujumba
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May 23, 2018, 11:27:17 AM |
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I don't really think we need sanctions, as it doesn't work so easily in an industry that is inherently anarchist and anti-control. I think we need more education. If people knew how to better examine an ICO, they wouldn't be so easily swindled
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matico
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May 23, 2018, 11:30:54 AM |
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I do not believe every claim made by many ICO as regard fund they have made is true unless I can trace such fund on the blockchain. I dare say 90% of ICO fail to raise money require for their project or lust. However, those that raise money and serious are developing their project and they are accountable to their investors!
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target
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May 23, 2018, 11:47:51 AM |
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Don't you think the crypto won't be considered decentralize if there is an organization that governs the crypto ICO which they will verify whether the team is legit and are capable of making the project successful?
I like having the ICOs though but there are just some scams that will just take money from us and ran.
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Valermos
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May 23, 2018, 11:54:04 AM |
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I am not waiting for ICO hype end, as it is now the easiest and cheapest way to promote your project, attract audience and go into crowdfunding. It is a win win strategy, while everybody gets profit - team, investors, bounty participants.
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ophyrim
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May 23, 2018, 12:04:29 PM |
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The situation is very interesting actually; "which one will kill ICOs? regulated conditions or not regulated conditions" maybe in both situation, ICOs can survive or can die. İf the teams can not collect money for their project, many of them cannot release their product. Which means many good projects cannot join the crypto world
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CryptoTamer
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May 23, 2018, 12:23:16 PM |
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Every day more and more ICO collect money, and then disappear. Do you think we need sanctions for ICO?
I think this hype is still lasting for a long time because today we are still at the beginning of the ICO trend We need sanctions but that is only for scammers, ICO only requires regulation and investor awareness to be more selective
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icobulls
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May 23, 2018, 12:36:40 PM |
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If we look at the search trends and hype around ICOs we can see that it is lower than 2017. The euphoria is going down since a lot of investors had lost their funds. The hype could end at the end of 2018, since all major advertising networks are banning them and regulations arise.
But that could be the good news, with increasing regulation and difficulty successfully promote ICO, there will be more quality projects that will survive. They will need to start with decent initial funding from private investors. Therefore ICOs will need to go through more due diligence.
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abrr
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May 23, 2018, 12:43:21 PM |
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I believe that soon the number of ICO projects will decrease. However, in the future only really good projects will remain
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hiburak
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May 23, 2018, 12:48:16 PM |
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Don't you think the crypto won't be considered decentralize if there is an organization that governs the crypto ICO which they will verify whether the team is legit and are capable of making the project successful?
I like having the ICOs though but there are just some scams that will just take money from us and ran.
I agree. We certainly need some sort of regulation or governance to manage these ICOs to eliminate the bad actors. But I think this needs to be done by the crypto community using blockchain and smart-contracts, not by a government or a centralized authority.
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Docbee
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May 23, 2018, 12:51:30 PM |
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Every day more and more ICO collect money, and then disappear. Do you think we need sanctions for ICO?
It will only end when government lay done a strick rules to cut down the wings of these scammers, it is baffling how ico without any plan to develop coin are scamming ico investors of their money
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$Darkloard$
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May 23, 2018, 07:47:04 PM |
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The US Securities and Exchange Commission (SEC) has initiated the first in the history of the case of fraud in the initial placement of crypto currency (Initial Coin Offering, ICO). The accused are businessman Maxim Zaslavsky and his two companies - Diamond Reserve Club World (DRC World) and REcoin Group Foundation, the regulator said. According to the SEC, they sold unregistered securities and offered investors non-existent tokens or crypto currency. Investors were promised a solid return on investment from companies, which, however, did not conduct any activity in principle, the SEC writes.
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Perka
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May 23, 2018, 07:49:40 PM |
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I guess it'll never end.I think just to work with those who have already carried out successful projects and did not cheat.Especially other ways that I can see.Vedb deception was and will be!I think this is just to share with each other, where everyone participated and got benefit of a new project from the same admin!
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bigvito19
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May 23, 2018, 07:50:39 PM |
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I'll say between 2-5 years of it could be 10
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Gnommag
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May 23, 2018, 07:51:48 PM |
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Every day more and more ICO collect money, and then disappear. Do you think we need sanctions for ICO?
There is an opinion that all or almost all ICOs are bad and you will only lose your money without any chance to get profit
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