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Author Topic: ALL Initial Coin Offerings are Trash  (Read 22221 times)
SwiggHeart
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January 26, 2019, 05:48:59 AM
 #41

jajaja, that's not true at all, don't you see ADA ETH and WAVES too? Is the coin rubbish? of course not, not all ICO are trash .
It's not all about ICO it's about projects if the project is good then the coin will be loved and will be one of the best coins
But, I don't know but most of them are trash. They are trash because people just wanted to use ethereum and bitcoin. Both are dominated the crypto sers

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January 26, 2019, 05:55:16 AM
 #42

jajaja, that's not true at all, don't you see ADA ETH and WAVES too? Is the coin rubbish? of course not, not all ICO are trash .
It's not all about ICO it's about projects if the project is good then the coin will be loved and will be one of the best coins
well, ETH and WAVES both of it is a coins, not tokens. But we know some ICO nowadays only a little that already successed. Not about successed in their sale, but it can looked by success in market or maybe price always high that can called success.

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January 26, 2019, 06:00:02 AM
 #43

I'm with you, almost all ICOs are scam and the scamming rate is increasing I guess this will make ICO perish if care is not taken because no one will want to invest in ICOs again and if STO manage to perform better its goodbye to ICO

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January 26, 2019, 06:35:23 AM
 #44

Indeed, many think that all coin offers are rubbish, almost all coins in CMC are through ICO, and developed later can be accepted in exchange so many wants.
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January 26, 2019, 09:06:31 AM
 #45

I don't think that all of ICO are trash because I think there is one or two or more ICO that can works properly after they finish the early stage and they can continue to the next stage. Besides that, I am sure that there is an ICO that was still trying to survive in the market and of course, they need to work hard to make sure their project continues and their tokens can compete with the existing coins or tokens. But I realize that there is many ICO are a scam and makes people lose their money by joining and invest in that project.

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January 26, 2019, 09:10:02 AM
 #46

I'm with you, almost all ICOs are scam and the scamming rate is increasing I guess this will make ICO perish if care is not taken because no one will want to invest in ICOs again and if STO manage to perform better its goodbye to ICO
Probably most of the ICO were fake or will not meet your expectations as most of them promised heaven when you invest but in the end it is the hell they will going to give you in your investment. This because the team only wants monry from.the investors ans there is no really project that will be implemented except for some ICO projects that are now implementing real projects and are now good.
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January 26, 2019, 09:16:17 AM
 #47

Unfortunately, there are also fraudsters in the crypto world. But you cannot put all icos in the same scam basket. Yes, most of them are cheaters, but there are some icos trying to do their job and developing their projects.

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January 26, 2019, 09:30:02 AM
 #48

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

You have given the source that only 80% are scam projects, so why do you say that all ICO projects are scam. Because of the 20 largest altcoin in the coinmarketcap, up to 5 altcoin are ICO projects
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January 26, 2019, 03:31:45 PM
 #49

Overall ICOs will remain possible but different way of funding Token maybe with the IEO (initial exchange offerings) we know it most currently. ICOs will are trash or end : not yet, depending on the type of project e.g. such as implementation, purpose vision and mission, stage of development, the product of MVP, including core-team.

it’s a correction to all thing was a lot of scam/exiting ICOs in 2018.  I think the main effort’s like the purpose any project is not credible, not competent to bring good ecosystem.

i.e. careless which-out

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January 26, 2019, 03:41:09 PM
 #50

That is exactly the point, when there is 20%+ that was not scam you can not say all of it was scam, yeah most of them were but that is the word for it "most" not "all". If you look at the coins and ICO's that came out of funding in that manner you can see that there are 3 type of ICO's that exists in today's world.

First one is the known by everyone scams, they just get your money and they get away with it, sometimes right away, sometimes they stay along for a while and act like they are not stealing directly but selling their tokens right away and whatever, basically scam you in any way or shape. The second one is the failures, there are coins that came out thinking they were great but than people didn't care about them so they went to nothing, not because they scammed people but because they failed to deliver what they promised. Last of them which is the reason why everyone invests into ICO's is the successful ones.

I have not seen a coin that stayed around the ICO price for too long, if a coin drops it drops but if a coin succeeds like the third option, it usually skyrockets into top 20 of all coins and they make you 100 times the money you invest and everyone dreams of hitting that one big coin.
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January 26, 2019, 08:54:24 PM
 #51

for me, all ICOs are not rubbish, of course there are ICOs that are truly profitable. so we don't assume that all ICO is garbage before we see all the ICOs running. because for me ICO has something that benefits us so far, even though it's not much.
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January 26, 2019, 09:00:27 PM
 #52

Though you are right by saying 80% are scam but not all,then coming to raising fund,not all dev can afford to develop a project with their money because they don't have enough and that is the essence of ICO just that we have too many scam project out there.
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January 26, 2019, 09:03:05 PM
 #53

Yes, of course there are mostly scam. But there are also quality projects. For example, just check icodrops. There are a lot of interesting ICOs for investing. You all want to make easy money in short term but big money are in long-term.

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January 26, 2019, 09:25:51 PM
 #54

You can't say all initial coin offering are trash, though some might be scam which is right but not all, some have proven to be genuine and unique. let us stop generalising . People still make profit from ICO.
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January 27, 2019, 01:37:07 PM
 #55

They are not trash or scam, the falling ICO trend is combined with the current market conditions and it is sad that people are not investing in a lot of great projects at the moment. Just wait and you will see that the ICOs trend would recover.
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January 27, 2019, 02:23:03 PM
 #56

I think that many ICOs today very much resemble projects that are formed on crowdfunding, as a result of ICO, this is probably crowdfunding. But for some reason, many projects do not make any dividends for investors.
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January 27, 2019, 02:33:17 PM
 #57

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
Todays crypto world is indeed sad. so much scam project keep on appearing without notice, making so many people got trapped in it. The bad side form it is, the scam makes people trust on crypto market to be vanish, due to they got scammed over and over again, that they would stop investing in crypto.

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January 27, 2019, 02:48:28 PM
 #58

indeed, all altcoins are falling but this is natural because currently there are so many people working as manipulating the market so that the altcoin that we believe has high investment potential will go down and it is very difficult to go back to better prices like before. by waiting it will be an opportunity for us to get a big profit.
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January 27, 2019, 02:59:45 PM
 #59

Joining an ICO is no longer profitable and you will either be scammed or your funds value will immediately go down to -90% once their token listed to an exchange. Their discount offerings during ICO might be convincing but you will surely regret it after a month or two. Look on some altcoins that we thought have potential like Sirin Labs, the price are getting lower and their founder is now on the hotseat.
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January 27, 2019, 05:15:25 PM
 #60

indeed there are a lot of shit projects right now but that doesn't mean ICO is a scam. we just need to be more careful in choosing projects. I think there are still a number of projects that deserve to be supported because the project is quality.

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