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Author Topic: ALL Initial Coin Offerings are Trash  (Read 22264 times)
Ozero
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February 11, 2019, 05:57:41 AM
 #181

In my opinion, you should not be so categorical. Always among the projects of ICO there were both good and useless projects. At the present time of a protracted bear market, even for promising ICO projects it is very difficult to even collect softcap, not to mention the maximum planned amount. The cryptocurrency market will begin to recover and ICO projects will show themselves. True, this still needs to resolve the issue of fraud in this type of activity.
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February 11, 2019, 06:21:45 AM
 #182

You might have your reasons for saying all ICOs are trash , but i do not agree with it, fine and good, we can say some ICOs are scam, no doubt, but there are certainly some ICOs you wish you did not miss. There are some with very good use case and at the exchange ,they do well. Not all fall in the trash group
Some are trash, or maybe most ICO but we cannot generalize it since there are also coins that are created from ICO and are still in the market now.
We may see them dump but once in their existence they were able to make investors happy, perhaps it's just about timing, but as long as the coin
generated through ICO has an active hard working dev, that's where you say it has a great potential.

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VadikZimnyayaRezina
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February 11, 2019, 06:25:17 AM
 #183

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.
Not everyone, and tokens also have their own value for everyone. If you think this is garbage, then you are not lucky with the choice. They are far from ideal but you can get a profit from them.

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February 11, 2019, 06:31:51 AM
 #184

I'm afraid a lot of projects turn out to be scammers, but not 80%, a little less, just weak projects that couldn’t realize their ideas are often attributed to scams, or if the cryptocurrency prices fell, there wasn’t enough money to finish the project. In addition, most of the projects are faced with new rules for regulating the scope of ICO and cryptocurrencies, which must be met in order not to violate the law of the country in which they are registered. There are a lot of such projects and many of them have not disappeared anywhere and continue to work on their projects. I also lost a lot by investing in ICO and I do not protect anyone, but we need to remember about objectivity and the fact that there are quite a lot of strong projects that have brought profit to investors and benefit their community.
The Cryptologist
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February 11, 2019, 06:47:26 AM
 #185

That's why I really hope that is stricter rules and regulations would be implemented right away before anyone launch an ICO. There should  be a working product already there would also be an agreement of refund for investors if they try to exit out or if it failed. Another new thing I hate is that ICOs are trying to change theirs to STO which is obvious that they are just trying to imitate things that would sell.
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February 11, 2019, 06:59:00 AM
 #186

Title: "ALL Initial Coin Offerings are Trash"
Content: "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."

Before hitting on ICOs, make up your mind first if "ALL" or "MOST" of them are trash.

While I agree that a lot of previous ICOs turned out to be trash or failure, some of them turned out quite well.
thaliaand
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February 11, 2019, 07:19:04 AM
 #187

I am not agree with the title "ALL ICOS are trash". Mentioned 80% ICOs in 2017 were scams, there were 20% ICOs legit, so, form the percentage itself means not ALL ICOs were trash. Some or most might be unsuccessfull projects, remembering the market condition throughout the year.
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February 11, 2019, 08:29:53 AM
 #188

I agree that a very large amount of ICO is rubbish that will only follow the market, but I do not agree that this is all ICO!
Bitbtc8
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February 11, 2019, 01:30:21 PM
 #189

Large numbers of icos are trash I agreed but only few of them knows what they are doing ,i am a type who always run away from all erc20 tokens because the scam rate is very alarming ,the reason why cryptocurrency is have bad face is mainly from lost of money through ICO ,this is why I prefer coins with no ICO that the ones with icos

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February 11, 2019, 01:32:36 PM
 #190

To be candid, if a poll is held now to determine the motivation of people who invest in ICOs, you will see that they are mostly motivated by the money they would make and not by the project behind the whitepaper.

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February 11, 2019, 01:34:49 PM
 #191

Thankfully the cointelegraph publication says that 80% of them are trash but in your title, you said that ALL are trash, maybe I am just a glass half full type of guy but you have to admit that the remaining 20% that are legit are doing quite an impressive job.
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February 11, 2019, 03:21:38 PM
 #192

I cannot conclude and say that all ICOs are trash, or zero my mind on them. Rather i would go for the goo ones that oi believe are in existence. If an ICO that is lunched serves its intended purpose, there is no point calling it trash.
Yes, there are so many scam ICOs, but even recently, some good ICOs are making great progress in the space.
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February 11, 2019, 03:47:49 PM
 #193

Now it is more like the truth than not the truth. Therefore, I think that now it is really so. I am sure that better times will come later, but for now we need a regulator or platform that will deal with this process.
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February 11, 2019, 04:25:19 PM
 #194

The ICO BitTorent recently passed and it gathered a hard cap in 20 minutes. After entering the stock exchange, this project’s tokens managed to rise by 800% and bring profit to investors. I did not invest in this project, but I watched him and this project is not a scam. Another XYO project has also managed to create a large community and the price of their tokens has increased several times compared to the price of ICO, and they have launched the finished product and continue to grow. Therefore, not all projects are scam, we just need to be able to choose and not invest in weak projects.
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February 11, 2019, 04:34:52 PM
 #195

A lot of them are scammers, but there are some good projects.

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February 11, 2019, 04:40:54 PM
 #196

Not all ico are scams, I don't follow ico with a big bonus offer, because for me it's suspicious and that's the main factor that I need to pay attention to. My experience was fooled by the big bonus and now the coin is becoming trash, and that's enough for me, I may need more experience so that I will not be deceived in the future.
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February 12, 2019, 06:47:52 AM
 #197

IMHO not all ICOs are scum. Like it was before with "dot.com boom" very few companies can succeed, but it will be new amazon or google, so only clever and lucky people can succeed on this market)

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February 12, 2019, 08:01:09 AM
 #198

Far from everything, even in the last bear year there were projects that were going to grow, although the market was falling, so there are worthwhile projects!

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February 12, 2019, 11:51:11 AM
 #199

Seriously some of ICOs from last year was a trash..I am very similar of these scams. STO will be the future on ICOs.
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February 12, 2019, 11:57:10 AM
 #200

Indeed, many offer coins are worthless and this is very sad, the effort to become a potential coin is very difficult. A lot of competition and indeed it must be of higher quality. The effort of hard work seems futile, but there are also good coins because it is worthy to remain valuable even though the competition is very tight.
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