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Author Topic: ALL Initial Coin Offerings are Trash  (Read 22308 times)
Firefoxx
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January 27, 2019, 08:06:20 PM
 #81

Everybody invests in Initial Coin Offerings for diverse reasons and to be honest, my main reason for doing it is to make profit, and some well selected ICOs still delivers this for me so I don't think they are all trash.

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January 27, 2019, 08:13:56 PM
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 #82

Most ICO's look too good to be true - so, people flock to them like bees to honey. All of them promise tons of money really fast - unfortunately, it almost never happens. We ran a number of bounties last year and it was chilling to see how many people were desperate to get their hands on more tokens, with a pretty big number of them looking to buy some, even though we've stated multiple times that we don't sell our tokens - not to mention that we are still yet to announce the benefits that the tokens are to bring.

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Stradivarioos
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January 27, 2019, 08:35:31 PM
 #83

No, it's not, it just became an axiom due to the fact that 2018 was not a good year and brought only mountains of unnecessary or simply fraudulent ICO.

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Dacosta Osei-Tutu
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January 27, 2019, 08:57:19 PM
 #84

You might be a fun of ICOs but I don't think using the word "trash" is much appropriate. After all some have good intentions are really solving real problems.
zhengqi
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January 27, 2019, 09:14:07 PM
 #85

I can't say that all ICO is garbage. More precisely will expression of that many of them are garbage. But there are good projects. The question becomes relevant whether the ICO will be able to return when the market recovers.

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January 27, 2019, 09:21:57 PM
 #86

I have met many projects that are worthy of attention. I think that this sphere is still alive and it is impossible to say that all ICO is trash. Yes, now the market is going through hard times and so it is logical that many projects are difficult to raise funds money for development, but they are just hostages of the situation. When the market recovers, I think that the situation with ICO projects will also be better.

lapyshka
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January 27, 2019, 09:23:13 PM
 #87

I can not say that all the original offers of the coins were rubbish. I agree that most of them simply did not deserve investment. But there are projects worthy of development. Only against the background of frustration from fraud, it is not easy for them to move into the market.
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January 27, 2019, 11:52:16 PM
 #88

We have to seek after projects with original ideas and active development teams. Many ICOs out there are copycats with only purpose to collect money from investors and scam them. This is why we need regulations in this area as soon as possible.
Patrix_1
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January 28, 2019, 08:17:34 PM
 #89

Due to the current market situation all ICOs are facing not their best times, but I am sure when the market will recover, we would see so much ICOs and bounties as never before. Keep believing in crypto currencies!
Kiefner
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January 28, 2019, 08:25:02 PM
 #90

This is a common phenomenon in the successful markets of something. Unfortunately, this trouble has not bypassed cryptocurrency. I think that this phenomenon is temporary and will soon cease to appear fraudulent and bad ICO in such quantities.

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January 28, 2019, 10:46:26 PM
 #91

Actually not all ICO's they have some ICO's also are have some good work.
In this year some ICO's are now not trusted as much, Not like in the past year of 2017 they are to many good ICO's that are best t invest but for now we need to be careful because some of them are going to scam or dead in the end.
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January 28, 2019, 11:44:36 PM
 #92

I really don't want to believe it. Because the ICO is actually a great way to offer the new project that may have better concept in the future. ICO is only part of the victims of bear market. So that they are following to be down after on exchange.

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Xetonica
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January 28, 2019, 11:53:59 PM
 #93

Yes we can say the Initial Coin Offering or ICO are trash.
But we cannot say all ICO's because they are have some good ICO's are active and better to invest of it if we want to.
ElenaN
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January 29, 2019, 12:36:44 PM
 #94

I think this is a wrong opinion, and although there is a lot of garbage, there will still be projects that will show their true worth!
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January 29, 2019, 01:20:28 PM
 #95

Not all ICOs are rubbish, everything is packed and has a variety of purposes, but many are unable to continue for various reasons. I do not consider ICO to be rubbish but many frauds are rampant and we must be able to sort it out.

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January 29, 2019, 01:46:49 PM
 #96

80% ico garbage, there are still 20% that are successful, I think this is progress, considering this technology is still relatively new, there will be a lot of changes because basically we will learn from mistakes and I am still optimistic about good ico and good projects.
CryptoAlphaStar
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January 29, 2019, 01:53:11 PM
 #97

I don't think the people behind it are trash, nor the ideas, nor the developers. What is trash is the timing. It is way too early for such applications and that's why 99% of ICOs are doomed to fail even before they have thought about starting. Don't blame the founders. They see an opportunity for funding and they act on it.
thesmallgod
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January 29, 2019, 04:54:08 PM
 #98

You probably will not say this if cryptocurrency have not been hit with massive fall. I still remember vividly well in 2017 when crypto price continue to go up. Nobody will call ICO a trash because we heard alot of interesting project that are still flourishing up to date. The problem is that as soon as some people see the potential of the ICO and they see how much people take it seriously, they decide to turn the table around and turn it to scam game. Actually they didnt come too early has crypto has already fall.
ikicha
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January 29, 2019, 04:56:36 PM
 #99

Agree on this, Most of ico its really trash. The company only want a money for make their company more bigger, better to investing with non ICO Project, so we have a true pure supporter not just only a big whale or something.
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January 29, 2019, 04:59:36 PM
 #100

Most of them were just not worthy to invest but we can't say all the initial coin offerings are trash.
Some of the projects really worth to invest you need to find that by your own then you won't say they are trash when you can able to make something from it.

Right, a large percentage of them are really not worthy in terms of real a solution too, they just tend to fabricate a Whitepaper with no reasonable real use.

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