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Author Topic: Do not invest in ICO anymore. Do not Feed scammers  (Read 4985 times)
Maamejane
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May 20, 2019, 09:08:44 PM
 #461

It will be quiet hard since there are still some real ICO's out there even though the bad ones outnumbers the good ones. We just have to be selective and choose carefully to avoid falling as victims.

Cryptrx
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May 20, 2019, 09:09:51 PM
 #462

ICO or the type of investment that is happening now (IEO or whatever), I don't trust any kind of investment in crypto. they are all the same, only using different investment methods. I say like this because I have suffered a lot of losses when I invest.
They are far from being trustworthy. Anyone investing ICOs is just enriching them. I'm yet to see the need for the millions they have raised over the years. No exceptional product has been released that we can say is worth a quarter of the millions raised.

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Kay94
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May 20, 2019, 10:09:40 PM
 #463

ICO investment now has been dangerous since there are scammers in cryprocurrency. You could lose your money if care isn't taken

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rachman mahesa
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May 20, 2019, 10:15:51 PM
 #464

Investing in ICO does have a risk and there is definitely a scammer ICO. On the other hand, not all ICOs are scammers. If there is a good project and potentially why don't we invest there. The important thing is not to arbitrarily invest in ICO because it is better to analyze in advance so that you do not get a scam ICO. That is important, because not all ico are scams.
pelumi20
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May 29, 2019, 05:22:21 PM
 #465

i think you have a point on this, these ICOs are not worth investing in because most of them are scammers that window dress their project to look legit just to attract investors to invest in them, statistics have it that 80% of all the ICOs in the year 2018 were scam. If any project wants to launch they should try to raise money from venture capital firms, or launch the project themselves without ico and them carry the community along with airdrop or bounties. if the project is good enough it will succeed and command demand.
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May 29, 2019, 05:31:04 PM
 #466

Well just now, but does not make sense as the market fell when these projects who ran on the ISO do not do not STOT,or a penny,and normally used to cost money,so everyone who invested or is bounty doing these projects,they have the credibility of ISO is completely gone

nikola22
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May 29, 2019, 05:37:59 PM
 #467

ICO investment now has been dangerous since there are scammers in cryprocurrency. You could lose your money if care isn't taken

ICO investment is always a risky business so you have to understand the possibility of losing money. but also you can receive a huge profit from ICO investment.

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May 29, 2019, 06:01:54 PM
 #468

You put yourself at a high risk in investing in ICOs because there are lot of scammers in ICOs now hence you need to be careful now when investing.

Aptekary
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May 29, 2019, 06:18:10 PM
 #469

You put yourself at a high risk in investing in ICOs because there are lot of scammers in ICOs now hence you need to be careful now when investing.
Recently, I read the terms for IEO in Binance and found out that new projects, in addition to providing detailed information, must make certain contributions in the amount of about 25 Bitcoin or even more.  I am sure that the bulk of new projects, I am not talking about scammers, will not be able to provide such funds. 
Netnox
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May 29, 2019, 06:19:10 PM
 #470

I stopped investing in ICOs long time back. It is not worth to take the risk. I may revisit my decision only if the market shows a remarkable rebound. But the chances are low, and investors continue to lose money in fake projects. And another thing is that nowadays almost all the projects are overpriced. It is surprising to see shitty projects asking for a hard cap of $200 million.
Starfranko
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May 29, 2019, 06:36:42 PM
 #471

That might be many coins out there but it is in my thinking to classify all new icos as scams. There are still new projects that have something totally new they want to offer the crypto-currencies space.
Korkorjkk
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May 29, 2019, 08:22:19 PM
 #472

With the increase in the number of scam tokens, it is very difficult to decipher which project is good or scam. But there are still projects out there whose technology and idea sounds amazing. If we stop funding ICO's, then they must look for ways to make the project successful.

Tosyn2
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May 29, 2019, 10:09:17 PM
 #473

ICO era is gone! Stop feeding serial scammers. Stop funding these cash grab nonexistent projects.
The World Do not need new tokens at all. We got enough shitcoin for next 100 years.

Well if there are a real project (With trustworthy Team) which is really willing to distirbute Their tokens! There are Many ways Without Doing ICO!

ICOs should just get funded from VCs and do an airdrop to community.

Most ico can be done open source on github for free.. the greed in creating all of these project is stifling growth. A lot of innovation come from free open source project from passionate developers.

Im 3 years in this field and strictly advice you do not invest in any ico at all.

What Do you think guys ?
You actually foresaw what is happening now. The era of ICO has completely come to a close and has been overtaken the the uprising of IEO. Scammers might still be able to find their way around this new development but it will be minimal.
abake
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May 29, 2019, 10:34:35 PM
 #474

There are still genuine projects with vision to advance their MVP to a usable product that will make impacts using  blockchain technology, but don't have required funding, how will they go about it? Free will donations? Crowdfunding is the answer here to be candid. Well the best forms of crowdfunding right now in crypto is IEO.  Also STO for existing companies who wish to sell equity  shares.

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TechComputer
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May 29, 2019, 10:36:37 PM
 #475

With the increase in the number of scam tokens, it is very difficult to decipher which project is good or scam. But there are still projects out there whose technology and idea sounds amazing. If we stop funding ICO's, then they must look for ways to make the project successful.
yeah, it is very difficult to know whether the project is good or not. so by this situation if we stop buy ico they need to make and push their limits to make goods project and moon.
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May 30, 2019, 10:05:59 PM
 #476

How long do we want to keep feeding these scammers. Generally, ICO projects that are launched now have a high probability of being SCAM. Billions of dollars have been made by these scammers for creating fake projects.  It is high time, scam in the crypto Industry is tackled.

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Chicky213
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May 31, 2019, 07:12:25 PM
 #477

It's very terrible the way people gather together to create fake projects just to scam. I just feel bad for the people that invest in such projects, I always shed tears watching them lament in various Telegram community groups. There are still good ICO's to invest on but extremely very few.
Redemption59
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May 31, 2019, 11:01:41 PM
 #478

It's really annoying to note that most ICOs ends as scam projects causing most investors to lose huge sum of money. What about ICO projects that do not end as scam? What about ICO projects that were/are successful? There are corruption everywhere around the globe but not all of us are corrupted, same way with the ICOs, majority of ICOs will end as scam but trust me, the few that won't also end as scam could be your breakthrough.

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May 31, 2019, 11:18:32 PM
 #479

Now we can see the era of ICO is over. IEOs are getting popular these days. We can see low quality IEOs in some shit exchanges. I think we have to be with what ever method that popular in current time and be smart to select best project to invest.
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May 31, 2019, 11:59:03 PM
 #480

Yes, Investing in ICO means feeding scammers money! We should stop promoting scam and dead things! The crypto market will do better without more ICO tokens. Most of the token will turn into garbage, no doubt. So, better we should invest in Bitcoins and other potential altcoins!

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