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Author Topic: ICO collects $1.5million in 50 hours?  (Read 680 times)
ethereumhunter
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August 15, 2018, 04:21:08 AM
 #61

$1.5 million in just 50 hours or 2 days? I think it can happen if the dev has a good plan of the ICO and they have a strong back up in their project and they have a good project so they can get much of investor. but it's only a few ico that can do this because right now, it is hard to collect a big money from the investor because of today, many ico that is trying to collect the money and then run away. so I hope that you can be careful when you decide to invest in any of ico and make sure that you know almost everything about the project and you are sure with the project.

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SuiMikira
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August 15, 2018, 04:28:01 AM
 #62

If ORCA runs ICO via public smart contract and shows that they gains  $1.5million in 50 hours, you can believe it. If it is just the number shown on their website, you must not trust, it can be a fake number. Many ICO using fake collected number to cheat investors. Be careful!
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August 15, 2018, 04:39:02 AM
 #63

While still there is a good investment. This shows that investors have not lost interest in ICO projects, despite the difficult situation on the market. However, most ICO campaigns are now suspended, postponed or extend the ICO. During the extension they try to seize at least October, this month the market should already grow well in price.
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August 15, 2018, 03:43:03 PM
 #64

I believe this is not true, people now do not believe ICOs, because most ICOs are scammers. And investing in the ICO, especially so actively, very big risk, maybe even just stupid.
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August 15, 2018, 03:48:40 PM
 #65

Simply the project has really appeared worthwhile if has collected such means for the development
Or that there are a lot of fools in the ico space, which what I think is going on.

Investors are all hoping to discover the next big thing, the next bitcoin.  They're chasing the gains bitcoin had in its first few years of existence.  I am not surprised that this is happening, but it is a foolish way to invest in anything.  None of these ico's are going to be the next bitcoin or even the next ethereum.  A lot of these investors have more money than brains, as they say and if this particular ico raised that much money in that short a time, this proves my point.
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August 15, 2018, 04:47:14 PM
 #66

I do not think that now it is possible. However, everything is possible, but it must be a really serious project, with a lot of advertising. I suppose ICOs do not want to spend money on advertising now.
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August 15, 2018, 04:55:16 PM
 #67

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
I don't know about this project, but raising $1.5 million in 50 hours is still normal. There are many projects that don't even take so long, especially last year, when ICO was really crazy.
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August 15, 2018, 06:06:21 PM
 #68

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

well
its normal for now ,
i mean , if someone see the project is promissing , no matter about what happening on market right now.
they will joining the ICO.
About ORCA , the banking platfrom is something good.

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tomaskelley
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August 16, 2018, 08:49:17 AM
 #69

If ORCA runs ICO via public smart contract and shows that they gains  $1.5million in 50 hours, you can believe it. If it is just the number shown on their website, you must not trust, it can be a fake number. Many ICO using fake collected number to cheat investors. Be careful!

the funds collected in ETH can be checked online, though ORCA also accept two other currencies but the tendencies can be seen through there. same goes with the smart contract. if you're interested in a project it is not that hard to check it on your own i'd say..
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August 16, 2018, 09:08:28 AM
 #70

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?

well
its normal for now ,
i mean , if someone see the project is promissing , no matter about what happening on market right now.
they will joining the ICO.
About ORCA , the banking platfrom is something good.

yes, i'd agree, now is actually the time to spot the gems that will get big as soon as the market goes up again
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August 16, 2018, 09:16:15 AM
 #71

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
That was amazing! I have never made such big money in just 50 hours. It is a good and successful ICO project. But not all projects help you make that money. It's not easy, sometimes it's the scam of investors who want to attract capital.
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August 16, 2018, 09:42:52 AM
 #72

I believe this is not true, people now do not believe ICOs, because most ICOs are scammers. And investing in the ICO, especially so actively, very big risk, maybe even just stupid.

how come? the market will still get back high so right now the quest is just to find the right project to invest to. moreover, you can always check if the number they announce are legitimate or not
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August 16, 2018, 09:45:13 AM
 #73

This is a very good indicator of the state of the crypto market at the moment.

There are many ICO's that attract investors from the first round, but many ICO's still fail to attract investors, even if they have a good AD plan.

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August 16, 2018, 09:46:28 AM
 #74

Many excellent ICO projects can do this in a very short time because they can attract a lot of whales/sharks, and I have seen even more shocking IICO financing!
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August 16, 2018, 11:17:37 AM
 #75

I've been looking into ICOs recently and I noticed that ORCA raised 1.5 million dollars in 50 hours during the ICO's first round. Is this typical in the current market state? What does it say about the project?
The team of the ORCA project is good! Now very few projects can collect such amount for the entire time of the ICO. If the project really has a great potential then it gathers money very quickly.

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August 16, 2018, 12:02:52 PM
 #76

$1.5 million in just 50 hours or 2 days? I think it can happen if the dev has a good plan of the ICO and they have a strong back up in their project and they have a good project so they can get much of investor. but it's only a few ico that can do this because right now, it is hard to collect a big money from the investor because of today, many ico that is trying to collect the money and then run away. so I hope that you can be careful when you decide to invest in any of ico and make sure that you know almost everything about the project and you are sure with the project.

you're right but also there are many ways to check the credibility of the project, just a careful research is needed
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August 16, 2018, 12:05:24 PM
 #77

1.5 million is a small amount for a start up company with ground breaking technology.  Considering that minecraft was sold for 2 billion dollars which is almost 2000x that amount.
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August 16, 2018, 12:07:13 PM
 #78

If ORCA runs ICO via public smart contract and shows that they gains  $1.5million in 50 hours, you can believe it. If it is just the number shown on their website, you must not trust, it can be a fake number. Many ICO using fake collected number to cheat investors. Be careful!
The same goes with fake volume statistics on certain exchanges. Always look for proof and don't believe at the first sight.
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August 16, 2018, 12:11:33 PM
 #79

1.5 million is a small amount for a start up company with ground breaking technology.  Considering that minecraft was sold for 2 billion dollars which is almost 2000x that amount.

What a lousy comparison, Minecraft had a working game that was being played by millions of people, thus deserving the 2 billion dollar valuation.
I really can't say the same for this Orca ICO, time will tell I guess.

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August 16, 2018, 12:16:22 PM
 #80

1.5 million is a small amount for a start up company with ground breaking technology.  Considering that minecraft was sold for 2 billion dollars which is almost 2000x that amount.


but do a platform project and a fully working game compare? i see some logical mistakes in this comparison
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