ALL Initial Coin Offerings are Trash

[taskly]

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

[1714569278]

1714569278

[1714569278]

1714569278

[1714569278]

1714569278

[BitcoinHodler]

ALL ICOs are TRASH.
anybody who has been saying otherwise either has some stakes in it, like this one: https://bitcointalk.org/index.php?topic=5102089.0 who is trying to sell his ICO and make money by ripping people off, or the topics come from newbies who started making money from advertising useless tokens to others, get paid in that token (bounty hunters!) and earn some money but now since ICOs are dying they can no longer make any money that way so they want them to come back.

[kaito.]

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.

[Gabali126]

Why I may not be a top fan of initial coin offerings, I believe it will be cruel to conclude that all are trash since there are still some good ones.

[Enzo05]

ALL Initial Coin Offerings are Trash ? I don't think its true because most in the top 100 of cmc conduct an ICO and they success and even project is really on progress .

[herurist]

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

Not all, you're hard person. Built ICO project at this time is really difficult, not all success yes but give us trash?. Not pay, scam or paused program is risk and that's why take part of ICO project is alternative income not the main. Check again your rules and fix again, replace your skill/ asset at the right place, trust me.

[caffu chino]

I don't agree with this. there are many good new projects. so why don't we provide opportunities for them to develop. do not think ico SCAM because many projects commit fraud. Look at the many projects last year running ICO have started to have results.

[akitha]

I think not at all.. there are some ico's out there that are trying to succeed..even after they were listed in the exchange if there token is falling down they are still there

[Sanford]

Yes, it's just taking out money from users. Of course cheaters happy people. They steal millions of dollars from naive people. Interestingly in 2018, too, 4 out of 5 because most of the projects are not very successful now.

[desticy]

Unfortunately, this is the case; all ICO scams, even good projects often turn out to be terrible. Perhaps investing in ICO now can be called one of the most dubious investments.

[kingpin4321]

It's been said a million times on the forum about how the initial coin offering sectors was affected majorly by scammer but I don't support the fact that all initial coin offering are trash we do have some good initial coin offering

[Thanasis]

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.

[Nivia1st]

I think not all maybe 5% of all ico can still be trusted. so instead of debate about this, we better observe a good project. although a little but we can see that there were some good projects last year that still survive today, one of them is Pundix, ODM, ETN and others. so don't think all the ico projects are shit.

[bttmember]

I would not say that all of them are trash, there have been serious and succesful projects too and we see many ivos delivering and maintaining quality projects i know many are discouraged by useless or scam projects but if it is about the price of the project token then one of the mist important factor to blame is the longest bear trend of the market.

[Denreal]

I tried to reason in a particular perspective. Immediately project CEOs are developers started raising money through ICOs, it was then that i perceived that scammers also started thinking of using that means to siphon money from nvestors, because they knew it would work, by playing om their intelligence.
If everyone, CEOs and developers alike cna have the same mindset as Satoshi himself, the crypto space would have been the best place to be.
Not all altcoins are trash, but most are just useless and have no definitive usecase.

[tomahawk9]

I wouldn't say all of them, maybe 10% of ICOs are actual legitimate projects that offer innovative stuff to the crypto sphere, and the rest are nothing but garbage. Good thing that the hype ahs died down and people are way more cautious when investing in ICOs, unlike 2017 where everyone was pouring money at the first ICO they saw.

At least some countries like Japan, South Korea, France, and even USA, have started to (or are planning to) implement regulations on ICOs to protect investors, so hopefully, things will change in the future and scams icos will finally dissapear completely from the market.

[adzino]

I wouldn't say all of them, maybe 10% of ICOs are actual legitimate projects that offer innovative stuff to the crypto sphere, and the rest are nothing but garbage. Good thing that the hype ahs died down and people are way more cautious when investing in ICOs, unlike 2017 where everyone was pouring money at the first ICO they saw.

At least some countries like Japan, South Korea, France, and even USA, have started to (or are planning to) implement regulations on ICOs to protect investors, so hopefully, things will change in the future and scams icos will finally dissapear completely from the market.

10% of them are legitimate? Do we actually need those 10% ICO? Do we even need ICOs?
I know those 10% of the ICOs are getting a bad name because of the other 90% scammy ICOs, but there is nothing much we can do. All we can try is to avoid those ICOs. Countries that have started to regulated ICOs and put strict policies over them know the dangers of letting ICOs run free.
And yeah, don't expect those scammy ICOs to disappear forever. They will come back in one way or another.

[nikola22]

if all Initial Coin Offerings are trash how did some projects get financing and roll out their products? not all are scams there are many good projects.

[Crypt0Pro]

Of course, you are wrong. Not all ICO project failed or were scam. Maybe you lost a lot of coins in bad projects and that's why you think so.

[cryptobae10]

This is wrong to me unless you provide a statistical proof to back this up
Not all icos are fake, we have docademic doubts exploits and also bobs repair developing their product

In cmc top 200, there are a lot of ico projects there as well
What other proof ?