WHY 99% OF ICO IS SCAM?

[profit-shooter]

Not the %99 but there are many scam ICO's.. Personally i worked about 30 scam or unsuccesful project and everyday this number getting high for me. I really make researches before i join to bounty campaigns or ICO's. The high pointed ICO rewievs never helps us, it can be scam too, so we have big problem about it.. :/

yes, sure, not 99%, it is like a marketing step, but the number of scams is increasing, have a look at the article where I have revealed some points on how to distinguish between good and bad! thank you for your feedback

[profit-shooter]

it seems to me because there is no regulation for the market and therefore this happens in the market of start-ups. when the regulation comes and everything will be fine

but regulation can bring less volatility and this is now one of the most exciting points about cryptos that allow you to earn money!

[Lan75]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

The reason for all of this is the greed to have money which can be easily achieved through fake ICOs. In crypto it would be hard to trace the scammers and most of them can escape without any cases filed at the court.

[askmecrypto]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

I actually went and read through your article, Its full of assumptions and at times practical possibilities, but to prove 99% of ICOs are scam, you need to come up with numbers and figures, showing total number of ICO in a period of time and 99% of them being scam. I personally dont think that it is viable to say 99% being scam, yes a large number out there are scams, but 99% is too big to count upon.

[profit-shooter]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

The reason for all of this is the greed to have money which can be easily achieved through fake ICOs. In crypto it would be hard to trace the scammers and most of them can escape without any cases filed at the court.

Full support!

[profit-shooter]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

I actually went and read through your article, Its full of assumptions and at times practical possibilities, but to prove 99% of ICOs are scam, you need to come up with numbers and figures, showing total number of ICO in a period of time and 99% of them being scam. I personally dont think that it is viable to say 99% being scam, yes a large number out there are scams, but 99% is too big to count upon.

Yes, buddy, you are right this is a marketing step, but from those around 40 ICO that I was tracking (not investing) 38 were scams and only 2 or 3 are good projects with working products. So here are the numbers, and the % is really high and if it is not 99% that it is 90 % taking into account these numbers!

[btcmi]

I'm not sure that the figure is 99% accurate, because it's really too much. I believe that at the moment when choosing ICO it is better to choose companies that already have a finished product. For example, here is the international publisher of social casinos KamaGames. Already, the daily audience of KamaGames games is more than 500 thousand people, and the total audience of studio projects exceeds 100 million users. It seems to me that this alone gives reason to believe in the future of the project.

[moeth]

ICO fraud is very common, but I don't think it's a terrible number of 99%. If it does, then the market will collapse directly, and no one will bet a 1% chance. If this is true, then I would rather go to the casino to play,  it seems that at least I have a 50% chance of making money.

[Denies]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

in my opinion it's not like you said, not all ico are scam and not 99%. but I agree if half of the ICO's existence is only to seek quick wealth for the founders and their team. this is a fact, because of that it must be wiser if you want to invest in an ICO project and of course you have to analyze and study it first.

[senopratama]

because ICO is an increasingly promising, so this time many are often abused this for his own advantage. These are certainly beginning to bring up the ICO scam that's pretty much the case. many things are often looking for results from the ICO and bring a run that so surely make many investors became quite unsettled.

[iljamlnk]

Scammers have found a good way to make money on new inexperienced investors in the cryptocurrency world.

[Casdinyard]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

Your article is more than an advertisement for me because you'll inviting people to join you thus it isn't informative for people. Indeed a click bait from its title. May I know what's the success percentage if we join your telegram group?

And why the bounty hunters included on your list? Yeah maybe it's a contributing factor for a token to gets dump after it gets listed but if the project is really solid this won't affect to much in the price and will recover easily.

[binghope]

Because the ICO is where they make a lot of money if they cheat a lot of people who invest, they just create a fraud system and the possibility of becoming a millionaire is not too difficult.

[iancortis]

yeah thats really true, and they cooperation's with bounty managers sometime and they attracted more bounty hunters to create massive awareness and  luring investors to invest, and they eventually stopped or pausing their projects, creates unnecessary moves from the ceo or a team to make people panic. and turning scammy tnings. much better to join projects with 101% transparency in every movement and updates.

[thesmallgod]

The word 'SCAM' is being misused alot this day. just because an ICO do not reach softcap and couldnt continue with a project do not mean such project is scam until they refuse to pay back the money recieved from early investors. Also many bounty hunters result in calling a project a scam just because their token is being delayed. this might be as a result of missunderstanding between bounty manager and hunters and also previous experience indicate thing like this happen when there are issue of cheat in spreadsheet. some hunters and bounty manager are guity of this.

[iamMhew]

Its because, crypto is very popular now, meaning theres a lot of new investors are want to get involve in crypto, therefore they use ICO to collect/gain money as scam. New investors dont have enough knowledge to avoid scam ICO, and now scammers are lvl up, they are good on lying on their ICO to attract more investors to make money in scam.

[matedrink24]

Thank you for your useful information. Beginners to invest in crypto should see and learn from experience. The scammers always hit the trust of those who have no experience and no knowledge.

[thesmallgod]

Hi, lads!

There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?

I have revealed several issues in the article: https://telegra.ph/WHY-99-of-ICO-is-BULLSHIT-08-21

If there are any other points, It will be interesting to hear your opinions. This is really appreciated.

Thanks, friends!
 

Your article is more than an advertisement for me because you'll inviting people to join you thus it isn't informative for people. Indeed a click bait from its title. May I know what's the success percentage if we join your telegram group?

And why the bounty hunters included on your list? Yeah maybe it's a contributing factor for a token to gets dump after it gets listed but if the project is really solid this won't affect to much in the price and will recover easily.

the op bundled alot of things together and the subject is clearly not narrative. however, bounty hunter play huge role in getting token dump but my major concern is not about this but the ICO itself because it is not new again that ico that engage in bounty camapign will get their token dump when listed by hunters so if they know about this what exactly are they doing to balance this shortcoming. the truth is that many of them do not bring transparency and fairness which they preach into the real sense of their project

[krassy]

I do not think that 99% fall under the Scam,but they are really a large number. Good articles and especially good project analysis help many beginners and all investors to choose the best project. I also recommend you to subscribe to the telegram channel Paкeтa T8, where very detailed study of projects and give an assessment of the development.

[btcoin]

Everyone likes money, and creating an ICO is a easy way to make money, but people dont like work, thats why they are trying to create an ICO, trying to get money, and dont do anything after it.