Yasya
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Activity: 255
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January 31, 2019, 11:58:16 PM |
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I think, this statement is pessimistic. There are range of good ICOs with interesting and live concepts. And of course, there are a lot of scams. But nowadays the conditions have changed dramatically and I think, it will harder to collect money for scam ICOs. The reason is that most of the investors are tired of such and have become more accurate.
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letyouearn
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Activity: 1722
Merit: 1014
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February 01, 2019, 12:18:30 PM |
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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-scamsMost of the ICOs are garbage, that's true. But the art of investing is just it - ability to choose the projects that will shoot and make you rich We had some nice examples in 2017 when some ICO investments lead people to good profits.
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Gidday
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Activity: 7
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February 01, 2019, 01:06:45 PM |
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Most ICOs will turn to dust. 99% will likely just steal your money, you're simply funding some "team" having a good life in a exotic location.
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TrevorS
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February 01, 2019, 01:28:17 PM |
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In my opinion, the main reason for this state of affairs is that with ICO there is an advance payment for work that has not yet been done. I think this problem can be solved by freezing part of the invested funds, and issuing them as necessary.
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Taner
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February 01, 2019, 01:29:54 PM |
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Not all icos are trash. Yesterday BitTorrent made xx on Binance, and before that this crowdsale lasted only 18 minutes and collected more than 7 million dollars.
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raes
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Activity: 938
Merit: 250
The First Idle Defense Blockchain Game
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February 01, 2019, 01:33:07 PM |
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Not all icos are trash. Yesterday BitTorrent made xx on Binance, and before that this crowdsale lasted only 18 minutes and collected more than 7 million dollars.
but only a few of the ico managed to get it. most of those who still survive are the ico projects that continue to extend the duration of their sales because they have not yet achieved softcap. whether they can survive in this condition or not.
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tamango
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February 01, 2019, 02:17:52 PM |
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Yes, most of ICO are scam and the other 20% of them probably will have a price dumped at least by half when traded no exchanges... personally I stay out from ICO market in this period.
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saffira
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February 01, 2019, 02:39:24 PM |
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Not all ICO for me is a trash. It still depends on the success as for example if they reached their target. The hardest part today is that it is unpedictable if it will succeed. I am afraid to lose money so I am not used to invest on it. I just earned tokens that are not available on exchange thats why I can say that, yes, some are ok but most are scams.
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Proc.dev
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February 01, 2019, 03:11:55 PM |
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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?
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maianh09
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February 01, 2019, 03:18:05 PM |
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Most advantages will promote according to each stage of the project. All bonuses help them attract angel investors, why do you invest early on others and have equal benefits? Do you have questions about this and do you want to get more benefits than other investors?
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Metall303
Full Member
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Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
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February 01, 2019, 03:20:05 PM |
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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?
This is manipulation. if you earn money on something that does not exist, then this is ordinary speculation and there is nothing good in it except profit. that is why the manipulation tools themselves are simply garbage that you buy and sell to those who do not understand anything in projects
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mickey_miner
Sr. Member
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Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
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February 01, 2019, 03:39:49 PM |
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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.
From the beginning, long-term investment in ICO was a dubious idea) Only the creators of the ICO and the people who have invested money on a short period of time have earned the money.
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cherryganda
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February 01, 2019, 03:40:31 PM |
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Not all, 2018 is not so good as there were so many trash and scammed ICO. but 2019 is different and there are so many people who wants to succeed in the world. We should not stop supporting them as long as they are legit as they will make the community stronger and better. I still believe in most ICO and they will make it.
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Naitik
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February 01, 2019, 03:42:36 PM |
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Nope, Not every but mostly are. Oath protocol is a very good project. This ICO has all the potential to be successful. So it will not a trash according to my research.
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Proc.dev
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February 01, 2019, 06:07:04 PM |
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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?
This is manipulation. if you earn money on something that does not exist, then this is ordinary speculation and there is nothing good in it except profit. that is why the manipulation tools themselves are simply garbage that you buy and sell to those who do not understand anything in projects Yes it is that. But TS didn't say what exactly mean. Anyway a profit from the ICO even "trash" ICO can't be named trash. The speculation is a huge part of market and not only of cryptomarket
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Vektrum
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February 01, 2019, 06:48:22 PM |
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It cannot be argued that all ICO projects are rubbish or fraud. And earlier there were good and promising ICO projects, and now they are, and they will continue to be. I also remember how it worked in 2017. There, 70-80 percent were working projects and all earned good money. These times still have to return. Perhaps through government regulation of ICO activities. While ICO remains a real way to improve cryptocurrency.
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Galantin
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Activity: 602
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February 01, 2019, 06:51:13 PM |
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What is the ratio today 5 out of 5? It seems to me. Now projects practically do not bring any profit to investors. I think it will end soon. 2019 will become a collapse of cryptocurrency.
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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Absolutep
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February 01, 2019, 07:46:13 PM |
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ICO these days as turn to away of making money instead of raising funds to develop a project and that is why some dev and team trying to raise a ridiculous amount of money at times.
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koreacryptofan
Newbie
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February 01, 2019, 09:13:03 PM |
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Not all, 2018 is not so good as there were so many trash and scammed ICO. but 2019 is different and there are so many people who wants to succeed in the world. We should not stop supporting them as long as they are legit as they will make the community stronger and better. I still believe in most ICO and they will make it.
I am with you. And I want to add: even if some of ICO are scams it does nor mean that all are. You should check when invest.
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koreacryptofan
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February 01, 2019, 09:15:23 PM |
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What is the ratio today 5 out of 5? It seems to me. Now projects practically do not bring any profit to investors. I think it will end soon. 2019 will become a collapse of cryptocurrency. I don't think so. Crypto will go on and on. I hope the market will throw away all scam and all shit.
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