ALL Initial Coin Offerings are Trash

[maculeth]

yes, many tokens are obtained and stored in the wallet, but there is no exchanger. it makes the token feel meaningless and worthy of being called garbage.

[gowobonyok]

it is inevitable that all tokens that have been distributed to our wallets throughout 2018 until now are trash, because none of them can be sold. the process of listing to an exchanger takes too long.

[setialovers]

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)

Its true. ICO is like IPO in stocks market, every company or people can launch their own coin but competition will their success in investor hand. ICO can success if developers team can deliver the project like on whitepaper or roadmap.

[rosmerius]

Almost ico investment right now are trash, maybe you still remember with many ico like playgam or PXG and lyfe how lower price after listing at exchange market, how ever team and owner is not trusted with lower price of their ico project after listing at market.

Playgame is still good to enter the market, for other tokens to be damaged or maybe just fraud. Many coins that are not registered or maybe the team cannot develop, so making investors feel cheated and mocked, Datareum, which is actually on the telegram, is a place for pornographic images, very sad.

[jaywizzy]

Is not every ICO is scam, provided that most of the ICO are scam  but there is some that are real is just that is difficult to find the real one .

[judyrob]

it is inevitable that all tokens that have been distributed to our wallets throughout 2018 until now are trash, because none of them can be sold. the process of listing to an exchanger takes too long.

Indeed, the reality of ICO in 2018 is not able to compete and is of low value so that it is considered garbage, this is not commensurate with the performance performed but this is the risk that must be faced. So many ICOs emerge and must be able to choose correctly if they want to be valuable, even the development of coins is not as smooth as we thought it all fell and must be passed to be more valuable.

[mirakal]

it is inevitable that all tokens that have been distributed to our wallets throughout 2018 until now are trash, because none of them can be sold. the process of listing to an exchanger takes too long.

Indeed, the reality of ICO in 2018 is not able to compete and is of low value so that it is considered garbage, this is not commensurate with the performance performed but this is the risk that must be faced. So many ICOs emerge and must be able to choose correctly if they want to be valuable, even the development of coins is not as smooth as we thought it all fell and must be passed to be more valuable.

They need to relax, investors have to understand that it take a good timing to see a good price.
We are in the correction stage until now, price won't be relevant anymore because surely projects are into long term and they are looking
for that stable and long term achievement, price will just follow specially when market started to be bullish.

Investing needs to be not the first option to make money, we will be desperate if things takes long time to recover.

[aioc]

After Adab solutions I cannot find good bounty or ICO campaign I shifted to Bitcoin casino because I know that they are paying, I think 95% of ICO is trash and I have a feeling that even good projects are going to scam us, ICO business could be over now and for good.

[ethereumhunter]

I won't say that because I am sure that there is a good ICO which can finish every phase on their roadmap and they can have a good price in the market. But most of the ICO don't have a good chance to get a good position at the market even they are difficult to enter the market because their ICO price dropped too deep. Maybe they need to fix what is wrong with their roadmap and maybe making something to solve the problem will be a good help for the project.

[andulolika]

ICO projects are a problem since a very long while, almost by law one can say that 3 out of 4 projects (and im being left short) are a scam. They proliferate without a limit and im pretty proud to say that compared to two or three years ago the number of people negative trusting such went from evident scam presence to almost any project since they are based on engineering and hype, it is very hard to fight some because with time pretexts and inventiveness get's perfected there is a lot of problems aswell ith desenmascarating them because you make them aware of your modus operandi, i will try to make in a future a post with a deeper insight into this subject.
All I can say is that a big problem nowadays is that scammers are getting better at speaking english, I also bet that they are learning to desprestigize rival scam projects and try to seem trustworthy by the very action of desenmascarading scams while supporting their projects where they act as shills.

It is a primordial need do have a way to publicate newbie scammers to avoid people getting scammed by either new born scammers with credible accounts or  hacked/sold  accounts with trusted rating for such endeavours and prevent them.

I believe in whatever idea or project that help people localize, identify and prevent scams on time but it is a shame that there is nothing related, IF something by the style ever gets made I hope to get notificated since it's spread towards the communities should be widely known and certainly a very substantial commission should be made thru the traffic of the site to cover the host and different costs.

[ub27]

Seriously some of ICOs from last year was a trash..I am very similar of these scams. STO will be the future on ICOs.

I think STO will be like ICO. and STO is related to law so it is difficult for STO to be widely developed like ICO. STO will have no future because it is too complicated

[Ozero]

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

It can be said that it is very difficult to choose the right ICO to participate in their bounty campaign. As in all times, there are still good ICO projects, but now is a very difficult time for both ICO projects and for bounty hunters. Moreover, the absence of any regulation of this activity complicates the situation. The ICO teams are now in many cases trying to change the ICO format, the essential conditions for its implementation, impose their KYC checks, which are sometimes simply impossible to pass or often turn out to be fraudsters. Therefore, we have a choice - either to try to choose a suitable ICO project, or for now wait this difficult time.

[twostepsally]

Shockingly this is the situation all ICO tricks even great tasks regularly end up being horrible. Maybe putting resources into ICO now can be called a standout amongst the most questionable speculations.

[Btc_1856]

We should not blame complete altcoins, there are many potential coin are making fortune in the market. Some fake ICO makes people to think in negative way, that's why many people are suggesting invest in coin after crowdsale because we can follow their ability and team work then the coin price will start increasing.

[bountylayomi]

Arriving at a conclusion that all ICO is a scam is not actually right because in the midst of the fake ones there are still the good ones even though they might be few in number compared to the fake. ICOs have paid me well before, condemning them is not the solution as I believe cryptocurrency works hand in hand with ICOs. It is left for us as investors to do our research diligently before investing so as not to fall into the hands of scammers in the name of ICO.

[skiorf]

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

I disagree with what you were saying, Not all of the new project were scam as you said. There are projects that really worth to make an investment on, and what matter would be the time of investment, if it's today mostlikely the price is so much low, but at the same time it could also be used as an opportunity for a greater future.

[owengtam09]

I don't think this is right to say that all initial Coin Offerings are trash, for me, there are still ICO's that is respected and has a reputation. If you think all ICO's are trust then it is up to you whether you did not want to trust and join to their ICO.

[Mighty_crypt]

Not all of them and presently all ICO is affected by the current market condition so let's not judge ICO ,its all about the funding and if target is not meet then there will be problem to continue with the project ,I think it will be better if we see some kind of solution that will make ICO stay alive even in the baddest market condition but that dream seems impossible for now

[Chika08]

I can't say all initial Coin offering (ICO) are scam. The fact that we have seen many scam projects as at 2017 does not mean there was no good or successful ico throughout this period. We only experienced the bad eggs who only made the good eggs look bad

[umbara ardian]

I can't say all initial Coin offering (ICO) are scam. The fact that we have seen many scam projects as at 2017 does not mean there was no good or successful ico throughout this period. We only experienced the bad eggs who only made the good eggs look bad

I strongly agree with your statement because I see some ICOs that are successful and have good developments, the prices will not fall badly, usually prices will fall because of the influence of participants in the bounty campaign that sells tokens obtained and from the influence of the fall in the price of bitcoin. so it's true not all ICO scams.