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Author Topic: ALL Initial Coin Offerings are Trash  (Read 22253 times)
nlaara12
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February 01, 2019, 09:22:45 PM
 #141

Most of the ICO are just there to scam people,fake projects having taking over the crypto sphere and that is why the ICO these days are nothing.

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February 01, 2019, 09:24:00 PM
 #142

It's a bit harsh to say all of them are trash, some are actually very good. You just need to be picky on which ones you support, some are changing the way regulations and ID are done such as THEKEY. If you look it up and see all the great things they are doing you will be impressed and start buying

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February 03, 2019, 06:16:48 PM
 #143

But what do you mean under "All ICO are trash" ?
If you can multiply your investements and sell at good price. But the project still has no real application. So you made some mone with that.
Is it trash or not?

Just because you get a cut doesn't make it any less trash.
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February 03, 2019, 06:18:49 PM
 #144

Yes, currently there are a lot of ICOs out there trying to get as much as money as possible, but I think they are actually late and people started to realize there is no money in that. It isn't like it used to be and we have to face that, most of the projects now are just scams trying to grab onto some money. Pathetic.

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February 03, 2019, 06:46:11 PM
 #145

Everything is not trash but some are really worth it, and for this problem there is a need to sort out the best. And if you are filled with doubts because of the many scams, try taking a break to calm your mind.

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February 03, 2019, 11:35:57 PM
 #146

You are well aware that now investing in ICO is useless if you want to make a profit in the short term. Due to the fact that the market is moving down, fewer people are interested in investing in cryptocurrencies and especially in ICO.

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February 03, 2019, 11:55:41 PM
Last edit: February 05, 2019, 01:06:02 AM by Osayo
 #147

There's a lot of posts in this section "ICOs will come back", "Some ICOs are scams", "Should I do ICOs". These all contain the implication that Initial Coin Offerings are fine and dandy.

What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?

The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?

The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.

It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.

Resources:

https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
Nothing is real left  of the initial coin offering anymore. It is as if the current ICOs are just trying their luck to see if they can still pull any amount of fund even if it is 10% they can raise.

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February 04, 2019, 12:03:12 AM
 #148

No, I don't agree with you. There are very good projects. There is also quite a lot of garbage, but to say that all ICO costs nothing will also be untrue. Sometimes I think this direction is dead, but there are some projects that make me question this statement.

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February 04, 2019, 02:45:03 AM
 #149

It should be ALMOST but not necessarily all. I still believe that there one out there that is yet to discover by all of us thay can make a difference to those "dead projects", exit scams after getting a lot, a pump and dump coin etc. But of course it will still depends on the community who will support it until the project is up and working. Hoping to see this kind of project again.
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February 04, 2019, 02:58:52 AM
 #150

I just received two of my coins, and they are not performing well in the market, and these two posts that they have reached their softcap, they are talking millions of dollars, but look what is happening right now, these two tokens are into a small exchange with no buy order.

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February 04, 2019, 03:02:53 AM
 #151

I don't think like that because after all this depends on our ability to analyze ICO. Many ICO are running and they offer promising tokens. But we also have to take the time to do research. In 2019, I think that ICO will grow more and more.
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February 04, 2019, 03:17:17 AM
 #152

I don't think like that because after all this depends on our ability to analyze ICO. Many ICO are running and they offer promising tokens. But we also have to take the time to do research. In 2019, I think that ICO will grow more and more.

There is indeed good coin when they are running their ICO but the problem is when it hit the market and you will see the coin's price is very much different from its ICO price its way below its ICO price and this is not an isolated case over 70% of the coins are like this.

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February 04, 2019, 03:18:48 AM
 #153

There have been a lot of articles mentioned about that and that is an obvious thing of the cryptocurrency market until now. Currently, good ICO projects are also affected on this very much
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February 04, 2019, 03:46:59 AM
 #154

All ICO are trash? You can't judge it like that, not every single of ICO is bad, there will be always some ICO that success and reaching hardcap, and the price after listed in market exchange is above their ICO price. It's just about how you choose the ICO itself.
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February 04, 2019, 04:03:24 AM
 #155

to say that all ICO is trash was not quite right, because of thoose ICO scammer out there now it's hard for a decent project to be raised through an ICO. and it was true about 80% of ICO was scam but there still 20% of it worth to see.
it's all depend on us actually to get scammed or not. we can learn from ICO in the past year to determine which was scam and which was real.

Indeed, because of all those scam ICO/project making the crypto world especially on ICO to became bad. I believe there are still good quality ICO/Project that been created  in the middle of the scam ICO storm.
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February 04, 2019, 05:46:29 AM
 #156

I don't blame you for calling ICO trash because too many icos are not worth to be released in the first place ,they claim to deliver good project but on the long run you will see many of them vanishing into tin air ,the way I see ICO its more of just copycat project and rely on investors fund this is why ICO has become a target for scammers ,its safer to invest in coins ,not ICOs

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February 04, 2019, 07:11:07 AM
 #157

A solution to this problem will be to control the release of new ICOs and the passage of certain restrictions and checks. Only then will we be confident in our investments.

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February 04, 2019, 07:26:04 AM
 #158

There's a lot of posts in this section "ICOs will come back", "Some ICOs are scams", "Should I do ICOs". These all contain the implication that Initial Coin Offerings are fine and dandy.

What type of information do you need to know that Initial Coin Offerings are trash the majority of the time? 80% of ICOs in 2017 were scams. To put that into respective, that's 4 out of every 5. The odds are terrible. Going by the rules of probability, you're going to be apart of the four of five. Why wouldn't you be?

The ideas I've seen with Initial Coin Offerings are just as bad. Why do these companies need $80 million in the first place? Let's be realistic, most things don't need to be on the blockchain. Satoshi didn't need to do an Initial Coin Offering to make Bitcoin into a bustling success. He started off putting in his own money. What do ICOs actually have to bring to the table?

The people that are making these threads with a positive implication are probably apart of the scams, or they're risking their money with the odds stacked entirely against them.

It's possible to have original ideas offered for free. Bitcoin, Ethereum, Litecoin. Some people are simply blinded by their greed and short-term to try speculate on the worthless. No wonder bubbles are so rampant within this ecosystem.

Resources:

https://cointelegraph.com/news/new-study-says-80-percent-of-icos-conducted-in-2017-were-scams
hey nice to see someone finally call ico's by what they are Smiley generaly speaking.

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February 08, 2019, 05:33:22 PM
 #159

I agree with you 80%, because there are projects that could show the market what they really are and that they can still show a lot. I’m not talking about the projects that are being implemented now, I’m talking about those that were before.
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February 08, 2019, 06:20:06 PM
 #160

I always thought developers would not be able to do the right thing under current market conditions, some could create a stable community with various updates and additional incentives, and the rest simply resigned and seemed to be able to throw coins into small markets without significant development.

I think the ICO must also be divided into several categories to save projects that have great potential with serious developers to bring the maximum things.
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