WHY 99% OF ICO IS SCAM?

[Tashi]

Actually it's not really 99 maybe 70-85%  is scam.  Probably because they don't likely last long as if they weren't for hodling long term. They are times wherein bounty campaigns doesn't give the  promised stake  they supposed to give or for worse, nothing at all.

[1714006007]

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[1714006007]

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[ivanklich]

Scammers are attracted to beginners, and there are a lot of beginners in cryptocurrencies. It is very sad that cryptocurrencies have become a haven for scammers. It is because of this that there is a ban on ICOs advertising and many people do not trust cryptocurrencies.

[PrestonTrader]

All good time of day, as it is not sad but unfortunately many projects of SCAM. the question is not even that the organizers of the mochek, there are often cases when the project simply can not raise funds for the implementation of the project. This completes everything.

[PrestonTrader]

there is also a so-called overstatement of the cost of tokens, which in principle is taken at the discretion of the organizers, and at the output, the leafage is lost in 80% of cases, half or even the entire cost

[PrestonTrader]

Scammers are attracted to beginners, and there are a lot of beginners in cryptocurrencies. It is very sad that cryptocurrencies have become a haven for scammers. It is because of this that there is a ban on ICOs advertising and many people do not trust cryptocurrencies.

agree, newcomers hear the news, look, start investing (hard earned), wait for months, and at best if they return their, and usually in the negative

[asder250]

You cant say that 99% ICOs are scam. Now, almost a lot of them are working hard on their platform and this could take feew months to fee years, so just wait.

[ning_aric]

I believe majority of the ico project out there does not have a real products or solutions to offer to the market,  Majority of the ico are just there to get money from the investors and list in an exchange just to dump their coins below ico price

[Hammonds]

Hi, lads!

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

It will be interesting to hear your opinions.

Thanks, friends!
 

The irresponsible party like that is better off from this world.
They only worsened the cryptpocurrency situation and it made cryptocurrency imagery look bad in society.

[spain cool]

Actually it's not really 99 maybe 70-85%  is scam.  Probably because they don't likely last long as if they weren't for hodling long term. They are times wherein bounty campaigns doesn't give the  promised stake  they supposed to give or for worse, nothing at all.

Yeah, indeed. But, most of the bounties nowadays are very easy to claim and very easy to do it so if you are getting scammed then its ok, isn't it?

[accounting 181293]

Hi, lads!

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

It will be interesting to hear your opinions.

Thanks, friends!
 

I know many ICO are scams, but 99%? come on don't joke, because there are still many quality ICOs today. and I'm sure there are more than 1% of all existing ICOs. I might think ico is not profitable but that doesn't mean I don't trust the ICO. until now I still buy a new token. and it's profitable.

[LiteNight]

Because no one punishes scammers. Impunity generates more ambitious crimes. This was tested in 2017. Scammers realized that they would not be imprisoned and began to work more boldly. And what did you expect?

[popox]

Because hacks and people's wish to get money in the easier way is growing only and they do scams that are really easier if to get them clear. And resources are saved as well.

[Remainder]

We should not trust easily on ICO projects that don't have a working product because they can also easily disappear if they already got what they want.

[mayasari]

Hi, lads!

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

It will be interesting to hear your opinions.

Thanks, friends!
 

Maybe you have to try projects that are in Bountrust, there are a lot of legit Bounty. So far they always pay, you can join the Bountrust telegram channel here: https://t.me/bounTrust

[sundy399]

Because of future growing fields, it is difficult to punish because the laws of each country can not comply.
Also, it is easier for money to gather and to abandon rather than to grow that coin, and those who did other ICOs can efficiently collect money.
There are many who are unknown who created coins, and you can easily fraud.

[vandeam]

Because people want to earn money with the help of fraud. It is one of the easiest ways for earning a big amount of money and the government have not made a low for this yet.

[erox]

People just want easy money, and to make your own ico and collect at least a couple of hundred thousand dollars is not so difficult)

[konomi]

For most scammers, it’s very easy to swindle by issuing a cryptocurrency. No one here can supervise them, no police, no government, they can do whatever they want.
Obviously, cryptocurrencies need some supervision from the government.

[manecas]

It should be "harder" to issue a coin / token. At least it should be needed some verification. At this moment its only a matter of time and money to issue a new coin and get it listed. But I don't think it should be the governements to regulate Cryptocurrency, but something must be done, because thanks to so many scams the market looses credibility and investors.

[lutcor]

Probably 99% in this case it was very much, because some projects are now stretching the time to wait for investment, because the market is now in a very weak state, so I think that now we need to actively develop the ICO sphere