capn
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June 08, 2018, 01:11:53 PM |
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Yeah, the project must return the investment money, as for bounty they can just scam bounty hunters, but investment they should return!
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honghe99
Member
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Activity: 406
Merit: 10
Buy, sell and store real cryptocurrencies
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June 09, 2018, 07:44:56 AM |
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In theory, I think you are lying. I think the ICO project has failed. So why give you a refund? Does the project owner bear the loss? Not willing to. This kind of event is your luck.
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sircy
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June 09, 2018, 07:54:21 AM |
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I never once experienced it and it restores my investment but with the pieces. perhaps fortunate that depends whether ICO policy returns in the form of whole or there are pieces of a few percents. of course, it should be able to be used as a lesson in the future also to the ICO election later because many new ICO also are always popping up.
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whitepaper | [large]DataBloc [/large]| websiteThe Airbnb of Data Services[small] Twitter | YouTube | Telegram | Facebook | LinkedIn | Reddit[/small]
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Korkorjkk
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June 09, 2018, 07:58:16 AM |
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Wow, that is wonderful. I have never experienced that before. Even if I participate in ICO's that do not work out, I do not get my money back. This shows that some ICO's are not in to steal investors money. I think other projects should learn from this one.
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KryptoKai
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June 09, 2018, 08:10:45 AM |
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Any investor that gets a refund due to project failure is a lucky person. They are only obliged to return the money if the softcap isn't reached and even then that is a challenge. This is why early investors get a huge discount because they are taking a bigger risk.
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disbil
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June 09, 2018, 08:20:27 AM |
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Scam project is always annoying, I think we need to be careful when investing, we must choose a project carefully to avoid all those scam project. Since scam project would make a bad image on crytptocurrency.
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sourish
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June 09, 2018, 08:24:38 AM |
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Its risk and luck melding with genuine and scammy projects. The only thing one can do is be aware and careful.
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waynechong1995
Full Member
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Activity: 644
Merit: 117
swing!
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June 09, 2018, 08:26:51 AM |
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So far I didnt encounter any projects that genuinely fail and refund for us, but I did encounter a lottery project, smart billions that actually did a contract that allow investors to refund 90% of our ETH contributed and thats pretty cool, anyway that project has bug in their wallet and they couldnt extract those frozen funds too, wasted project and fishy developers but I was happy to get 90% of my investments back as a good lesson
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longergou
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Merit: 10
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June 09, 2018, 03:05:02 PM |
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I think you are very fortunate. When I first invested in ICO, I met scammers. After three months of ICO, they closed the bounty thread and disappeared! I hate investing in ICO now!
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capn
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June 11, 2018, 01:28:08 PM |
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I have heard that not every project would return your money but actually I have not many experience in that
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parlerm
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June 11, 2018, 01:34:35 PM |
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Just few project which do that. Everyone need money and because of that they wouldn't get losses with returning money. But you're lucky get compensation for that.
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renes
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June 11, 2018, 01:52:46 PM |
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This is really great thing for you and I am happy to see such honest people on the market besides lots of scammers. Though they probably don't have to give it back to you, they did the right thing.
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capn
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June 12, 2018, 12:04:22 PM |
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My luck, that I haven't been in the situation like that yet so every project I personally invested have succeed
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LenaPetrova
Newbie
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June 25, 2018, 08:11:01 PM |
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I this it’s a great luck for those investors who lost their money and also get their money. Because it is not a character of ISO. But i suggest leave this project because it is very risky.
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rextoinsem
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June 25, 2018, 09:02:30 PM |
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there are very few such projects. now, many if not collect the minimum amount just handing out tokens. and investors do not know what to do with them and where to sell. so you're really lucky.
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hodl_news
Newbie
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June 25, 2018, 09:05:54 PM |
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I've heard many stories that a large number of ICO projects were closed and did not return money to their investors. Therefore, you should be grateful for such honesty of the project team. Yes, you lost 50% of the invested amount, but I think that you will agree that 50% is better than nothing.
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Adunni6758
Jr. Member
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June 25, 2018, 09:20:54 PM |
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I have not found myself in such situation, but i have seen some people and close friends with such experience. Recently, i came across a project that did not fold up, but just because some investors who wanted to dump the token could not, because it has not been officially listed and the price has fallen, but they have now been offered the opportunity of buying the token back from them. Not all projects can be so sincere to that level.
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KpopLord
Jr. Member
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Merit: 6
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July 07, 2018, 02:23:20 AM |
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I think you are very lucky. Now many ICOs cannot do this. Once the project fails or something happens, they may disappear. I suggest that you stay away from ICO in the future and it is really dangerous!
Yes, I agree to his statement. There are projects nowadays that are scams. It is a matter of taking risk because you don't have assurance for the reliability of that projects. the best thing to do is to make a research and gather information the project. People nowadays can easily manipulate other people. Be wise in investing money because other people might fool you.
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rdny
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July 07, 2018, 03:54:53 AM |
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You are a very lucky guy. Not many projects return the investors money. instead, they just vanish into thin air and you will hear not one word from them. We should really encourage projects to do this so that when the proper time comes and they intend to do another project, people will still have that interest in joining them since they are true to their word and is fair to all concerned.
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metallikingz
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July 07, 2018, 04:01:45 AM |
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There arent many projects returning people's money, so i think that those days in where we used to see all of them are almost gone at the moment
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