oscarrsm (OP)
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May 31, 2018, 11:36:01 AM |
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International Big Data Industry Expo 2018 took place in the city of Guizhou in China. He Baohong is a well-known researcher of cloud computing and blockchain. He voiced just incredible figures. You can read the entire article by reference. https://news.bitcoin.com/blockchain-projects-live-a-little-over-a-year-on-average-china-claims/Only 8% of all appeared ICO survived and functions. I thought it would be about 30%. No ..... It's only 8%. I'm just overwhelmed by this research. What are your impressions?
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sud
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May 31, 2018, 01:05:28 PM |
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Considering total ICO number is 80 000, which is insane amount, 8% sounds pretty reasonable - it is 6400 working projects. The percentage is low only because we have like 10 tokensales every week since last year, and most of them don't solve any problems not have any real world use case.
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riel123
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June 01, 2018, 09:29:29 PM |
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Way too many icos out there, people should be very careful about the icos that they end up investing in. Please always make sure to do extensive research on these icos
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Hughesy26
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June 01, 2018, 09:32:45 PM |
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8% is way higher than I was expecting. If you pick a good ICO then you can make 100x gain. But you are far more likely to pick a bad project (even if you do a ton of research) just based on the sheer number that do badly.
I suggest investing in low market cap projects that have been around a little bit and have proven that
a) the founders have been delivering their promises and hitting their roadmap b) there is liquid demand for the coin (so you can sell when you need) c) there is an active community
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saycryptohello
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June 01, 2018, 09:33:46 PM |
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8 percent is still a good figure, but I think the projects are even more, we just hear only about some of them
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Mr. Art
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HiveNet - Distributed Cloud Computing
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June 01, 2018, 09:35:25 PM |
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Way too many icos out there, people should be very careful about the icos that they end up investing in. Please always make sure to do extensive research on these icos
now a days a lot of people can create their own token with easily, so, investors must be aware about this and invest only in good project with serious development in the project a lot of way to create a new crypto make a lot of people want to run their ICO
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waiki
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June 01, 2018, 09:35:50 PM |
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Yes it is very important especially if we want to invest in it we must be extra careful to know the details of the purpose of the vision and mission of the ICO is now a lot of ICO SCAM made by people who are not responsible and I say 70% ICO now is a scam.
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noictib
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June 02, 2018, 11:57:15 PM |
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International Big Data Industry Expo 2018 took place in the city of Guizhou in China. He Baohong is a well-known researcher of cloud computing and blockchain. He voiced just incredible figures. You can read the entire article by reference. https://news.bitcoin.com/blockchain-projects-live-a-little-over-a-year-on-average-china-claims/Only 8% of all appeared ICO survived and functions. I thought it would be about 30%. No ..... It's only 8%. I'm just overwhelmed by this research. What are your impressions? In actual this is a big bitter truth and we should accept it directly without any objection and also we can see that truth which is going on in the market of the cryptocurrency , where we are only facing mostly a better type of the loss and making profit is very tough in ICOs Investment right now . And also many ICOs are coming just to scam the people , because they take Investment for the tokens and then they list Thier coin at stupid exchange and low amount of buy rate and that make the coin dump in small time of the launch , so it is a big thing for us that we are not now safe and better with the ICOs Investment and that what the outcome we have through the research i.e 8%
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Genosx
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June 03, 2018, 12:32:38 PM |
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The things that important about ICO is they can satisfy you in terms of return on investments that can makes you really profitable because you can earn an income or profit in great amount if the business still in demand.
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inillo
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June 03, 2018, 12:34:27 PM |
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It is not that incredible for people who know about invesment. In venture capital only 1 in 100 survive, so an 8% is actually an incredibly high rate of success.
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winfair
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June 03, 2018, 12:40:17 PM |
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Im also depressed on that 8% of the ico working. But on that be think positive that this 8% is gonna run according to project itself. We have to thankful that if its small percentage many are willing to work it to fulfil and succeed.
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PsylockReborn
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June 03, 2018, 12:42:19 PM |
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International Big Data Industry Expo 2018 took place in the city of Guizhou in China. He Baohong is a well-known researcher of cloud computing and blockchain. He voiced just incredible figures. You can read the entire article by reference. https://news.bitcoin.com/blockchain-projects-live-a-little-over-a-year-on-average-china-claims/Only 8% of all appeared ICO survived and functions. I thought it would be about 30%. No ..... It's only 8%. I'm just overwhelmed by this research. What are your impressions? Specially when the people behind working and supporting the project is tired of developing their project to make it more valuable and usable to the society. That is why some coins or projects won't be successful its mainly because some companies are only after for the money that they can get during ICO. Their only goal is to profit from it and no plans of developing their project further to make it more usable and valuable in the future.
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Spaffin
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June 03, 2018, 12:52:02 PM |
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If we are talking about the survival of 6,400 ICO projects, then this is not so bad. However, if we look, for example, from the point of view of a participant in the ICO signature campaign, who can only pay one out of ten projects, this is very small. True, I do not know where the figure of 8 percent of successful and surviving ICOs came from. If you look at my practice, more than half of the ICO projects in which I took part ended more or less successfully. True, some of them could cease their activity at later stages. In order to raise this percentage of the success of the ICO, we need the regulation of ICO projects, the only way to cut off a significant part of the fraud in these projects.
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digitran
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June 06, 2018, 05:39:39 AM |
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In these days a lot of people are creating their own token easily to pull the money from people. Finding good ICO is the biggest task. Only invest after doing research on that ICO. Invest only in good project.
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johstacy
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June 06, 2018, 05:54:48 AM |
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This is actually very small. I always thought it was important to invest for a long time. But in the case of altcoins, this really doesn't work more than 90%. All have become accustomed to the fact that after ICO you need to wait for a good pump and sell everything because in six months everyone will forget about this project. This is a very bad trend. I didn't understand why people after ICO quickly sell everything. And it turns out that less than 8% can be left for the long term. I thought the survivors were much more. In my last year's investments, only NEO survived a year later. This is sad.
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deeofficialx
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June 06, 2018, 06:04:31 AM |
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ICOs kill each other and only an ICO with outside-crypto usage remain. Sad truth but that's the reality. As of now, that's 8%, but I think in the next 5 years, it will be less than 5%.
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Fourgh
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June 06, 2018, 06:27:52 AM |
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International Big Data Industry Expo 2018 took place in the city of Guizhou in China. He Baohong is a well-known researcher of cloud computing and blockchain. He voiced just incredible figures. You can read the entire article by reference. https://news.bitcoin.com/blockchain-projects-live-a-little-over-a-year-on-average-china-claims/Only 8% of all appeared ICO survived and functions. I thought it would be about 30%. No ..... It's only 8%. I'm just overwhelmed by this research. What are your impressions? Wow, Im not surprised though. There are alot of ICO out there in the market waiting for investors and some are scam. It really shows that not all ICO's are succesfull and should not be incested on.
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