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Author Topic: ICO New format scam  (Read 24991 times)
anjho.ace
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January 23, 2019, 03:10:28 PM
 #101



Quote
1) ICO Stopped or Paused

IF an ICO is or was pause it is not a 100 percent scam, this is due to unhealthy market!

Quote
2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

As long as you get your whole ETHEREUM investment you were not scammed. it is normal, scam ICO dont return any amount!

Quote
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .

IF the softcap is reached and they stop the project then it is a scam!
If they return all the investment money to people then it might reconsider.




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pawanjain
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January 23, 2019, 03:18:16 PM
 #102

I can hardly recollect a successful ICO which raised a huge amount of money and accomplished developing their project. The ICO period was over long ago and people just started scamming others after that.
You have listed just a few but if you search throughout the history in the past 1 year there have been so many ICO scams due to which people have stopped investing in ICOs.
I don't think anybody would be even investing in ICO these days since the market is already bearish. Keeping away from ICOs is the best thing we could do.

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January 23, 2019, 03:19:32 PM
 #103

Hai guys now days people are really  depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.


1) ICO Stopped or Paused

2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .



ex:
 Trecento , Humancoin ,Vanig and etc.
As far as i am concern i don't see that as a scam if they refund with crypto value you contributed if otherwise then it is a scam of they use USD value of what you sent at the time they got your payment then it is an high class scam.

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January 23, 2019, 03:24:10 PM
 #104

It is difficult to trust in the present day especially when the money is negotiated. to invest in ICO good looking at ICO
because most ico now arepaused or stops many unremitting investments toinvestors. as well as bounty hunters do not work in Bounty that ico does not begin because many scams in this period in cryptocurrency.

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January 23, 2019, 03:25:53 PM
 #105

Hai guys now days people are really  depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.


1) ICO Stopped or Paused

2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .



ex:
 Trecento , Humancoin ,Vanig and etc.
As far as i am concern i don't see that as a scam if they refund with crypto value you contributed if otherwise then it is a scam of they use USD value of what you sent at the time they got your payment then it is an high class scam.

   That need to be stated in white paper. In case of refund people will receive same amount of investment back.
   There are many types of scam, and ICO scams are probably the most interesting now. We need to pay attention
where we invest and in which bounty we participate. It`s on us to spot scammers and to report about it here and
other places. I carefully choose where I invest, I always read what ever is available about certain project.



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January 23, 2019, 03:38:38 PM
 #106

The bearish market situation has been the main reason of this ICOs failure to collect enough money during their ICO period and most of them they tried to extend their ICO just to collect the soft cap but the investors were afraid to invest due to many uncertainty in dealing with ICOs. Even with their huge bonuses given if you invest in their ICO they still failed to convince the investors to invest on them. I'm hoping that investors will realize that it's risk in putting money in no assurance that the project will succeed because we have many projects that the team had doing exit scam after they collect money.
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January 23, 2019, 03:47:06 PM
 #107

Hai guys now days people are really  depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.


1) ICO Stopped or Paused

2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .


ex:
 Trecento , Humancoin ,Vanig and etc.
This is what im talking about last year, most of ICO's these days if not scam it is refunded and investors has nothing to do with that kind of practise. When ICO hits hard on 2017 its really an eye catching for those small investors who are easily attracted to huge promised profit. These are just a few new modus on ICO so be aware on this kind of industry.

R


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January 23, 2019, 04:24:42 PM
 #108

A lot of them are confuse and do not know what the future holds for them. I have seen many projects having run for many months end up making refunds. Those are even better because they are refunding the money collected even though there may be shortage in amount being returned. I recently noticed an ICO called Elisia that boldly written in the whitepaper that Amount contributed may not be returned and still some people still invested their money. Today Elisia is a scam project and you need to see how the CEO is making fun of his Scammed victim on their telegram page
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January 23, 2019, 04:30:45 PM
 #109

I'm afraid that a lot of projects today seem really very similar to scam projects. I hope that today you and I will no longer have the opportunity to fall for scam projects. But it is not just like that. A lot of experience is needed.
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January 23, 2019, 04:35:22 PM
 #110

there must be a significant change in ICO regulations or even if it allows the government to be responsible for handling the ICO.
and if there is a suspicious or fraudulent ICO, it must be subject to strict sanctions so that the ICO will be safer and investors will also be comfortable investing in the ICO.
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January 23, 2019, 08:41:43 PM
 #111

Hai guys now days people are really  depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.


1) ICO Stopped or Paused

2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .


ex:
 Trecento , Humancoin ,Vanig and etc.

Investing in new projects is always a big risk. Previously, this risk was associated with the ability to earn very well, now the opportunity to earn is lost due to a strong fall in the market.
That is why many investors do not see the point of investing in new ICOs.

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January 23, 2019, 08:56:31 PM
 #112

I no longer trust the information provided by many projects about the course of the ICO, as too often this information is false.
A good example for me personally was KYCLegal.

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January 25, 2019, 12:48:05 PM
 #113

Hai guys now days people are really  depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.


1) ICO Stopped or Paused

2) Refund - When  eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .

3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .


ex:
 Trecento , Humancoin ,Vanig and etc.

I really am sorry for the investors that involved in this possible new scam using ico sale. If we are experiencing this kind of scam attack, its advisable to tag them a red trust in the bitcointalk account and make sure that we write feedback on their emails regarding the attitude that they have given on the investors.

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January 26, 2019, 04:25:31 AM
 #114

I remember very well how I helped these ICO projects. I was not surprised that these projects were scam. No one is immune from such cases. But now I understand that if I had qualitatively analyzed these projects, I would not have made a mistake. Let's learn from mistakes.

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January 26, 2019, 04:46:48 AM
 #115

Regarding second point, they are giving you refunds for the same amount of Ether you have given, you can't expect them to give more than you invested and you invested crypto not fiat.

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qomariah95
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January 26, 2019, 05:07:45 AM
 #116

I have participated in the Humancoin project. I think the project is a lot of interest by everyone. But the reality is indeed bitter. That it cannot be predicted that the project is really good. If not in a good plan going forward.

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January 26, 2019, 05:34:25 AM
 #117

I have participated in the Humancoin project. I think the project is a lot of interest by everyone. But the reality is indeed bitter. That it cannot be predicted that the project is really good. If not in a good plan going forward.
This coin is not yet listed in coinmarketcap, so I doubt if it is legit or not.
Investing in ICO during a bad market condition will most likely result to a big wait because most likely, you won't be able to sell
it at a profit. So it's wise to buy only coins that have a decent liquidity and trading in big exchanges.

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January 26, 2019, 06:24:28 AM
 #118

This bearish market condition will surely make 99% of ICO into scam and even the good projects might fail if hardcap is not achieved or if no investors investing ,I see no reason to invest in ICO now ,you can only make gain if you invest when bitcoin hits all time high,ICOs are worst

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January 26, 2019, 11:22:25 AM
 #119

Many projects do not achieve their goals, and therefore they pause, but at the same time there is a chance that they will continue their company!

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January 26, 2019, 12:02:32 PM
 #120

the New format of icos now are not too good because bounty hunters seems that the bounty projects arw scam so thet dont join and  promote the project.

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