STOP With The ICO Garbage

[concitta]

it is true that now more and more ico is trash and makes investors sick, many projects that are originating "without purpose / quality of poor technology development make ico's image worse

but not everything is bad and we can still get opportunities, so if we can research and choose the right one so the project can run well.

indeed the ICO is currently unknown and many are trapped there so many people are defeated so they don't want to start there again.

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[Wexnident]

I guess we often use garbage on describing ICOs but for me it ain't trash just so happened that we are not observant enough to know what the scam to legit project and I'm only thinking of one big factor, most of the people on the industry just came for the money, that's all and that is also the reason why most of the developers scam because of greediness from the investors.

[rijaljun]

Charts actually prove nothing. Why so?
Many of little volume exchanges use fake volume to make it like has huge trade and volume to attract more users to join their platfroms. These were spoken many time by people. Do you think these fake volumes is possible to be happened on the platform you noticed above?

[Psynthax]

Charts actually prove nothing. Why so?
Many of little volume exchanges use fake volume to make it like has huge trade and volume to attract more users to join their platfroms. These were spoken many time by people. Do you think these fake volumes is possible to be happened on the platform you noticed above?

Are you kidding me? he was mentioning that platform so many times and this is a kind advertisement thread only. Any exchange site has the possibility to manipulated its own volume because they are called a centralized exchange site.

[bravehearth0319]

There are great ICO's and also weak ICO's. This is the reality we need to face with cryptocurrency. That's why every ICO investor should perform due diligence before investing to avoid those weak projects. On the other hand, there were strong ICO's that failed last year due to the fact that they were dragged down by the bearish condition of the market. Now, with the market starting to show good signs, great ICO's will mostly like have a good year.

[Nggedebus]

I believe the condition of altcoin will surely possible. But the first step would be making sure that the Garbage ICO were securely manage.
So as long as we could manage.

[surgical_duude]

There's way to many ICO's that are literally trash. Idk how people invest in some of these projects. It's honestly a joke... The Bittorrent ICO would have been a good one to invest in just because of the hype behind it. If the token goes to $0 in a few months it would still be worth it because people are tripling their investment within a few days (probably not worth buying right now, but do your own research). Those type of ICO's are 1 in 1,000,000. The majority of the ICO's people are investing in are pure garbage. They have no utilitarian uses and they have weak fan-bases. I can't comprehend why people don't wait until POST ICO release, THEN analyze the platform and decide whether or not to invest. Doesn't this sound like the best logical solution? Sometimes even quality ICO's dump and you can pick some up for pennies on the dollar "fire sale".

This was a quality ICO, don't believe me? Look at the chart, strong buy action with low sell pressure and you could have picked some up for dirt cheap and doubled your money within days - https://nauticus.exchange/exchange/BTCAUD

ICOs have lost much trust and money in investors so they no longer trust it. Therefore, with the current trend, IEO is a trend for them to stabilize and aim for long-term goals. I have just checked your project and found that it is still facing many difficulties. I think this project should have a lot of good partners and better community development.

[shadowduck]

I guess we often use garbage on describing ICOs but for me it ain't trash just so happened that we are not observant enough to know what the scam to legit project and I'm only thinking of one big factor, most of the people on the industry just came for the money, that's all and that is also the reason why most of the developers scam because of greediness from the investors.

you're right. but market earnings are a very important factor. After all, cryptocurrency is an investment tool. and people come to make money. this is normal.

[mcTether]

It is no longer news that the ICO era is almost over. Whatever garbage anyone decides to throw in now does not matter anymore as people are already resolute to do away with the ICOs.

[altscaner]

indeed for now in investments such as ICO or others do not use the Hype condition wrong because if we buy it when the hype fades you feel only defeat and losses that might be enough in 10-30% so to invest in ICO it is better to buy at the time of hype it just appeared so that the moment that was obtained was not wrong

[Ucy]

Lol seems you are more concerned about the monetary aspect than not  the projects are actually seek to offer
If everyone waits for post ICO release who then will invest during the crowdsale?

[ataki]

ICOs are having hard time this year and many of them fail to reach the soft cap. Market situation is also against them, but generally investors lost faith in them as they are not producing good ROI anymore and lot out of  them are scam projects.

[Invigorated]

Truly, Enough of the ICO garbage! Most of them out there are complete rip offs and let downs giving crypto a really bad name. I have always been of the opinion that a project has to be vetted and certified okay before they are permitted to float an ICO. Unfortunately, this can only happen with regulations in place and that isn't happening any time soon.

[CleverOracle]

People are intend to invest on a new project because of the hype even without proper research about the project or the product itself, they just want to make a quick profit because they believe that if they invest like other people then they can gain like them.

[Sinone]

Bittorent wasn't a typical ICO, it was an IEO in the Binance launchpad! Binance name is enough to make a big hype for any kind of project. Therefore, BitTorrent is a known and popular name, and its token sale was offered in Binance! So, a big hype created automatically! But 80% of ICO projects are garbage, some of them are scam or shit. IEO sale is doing well right now but IEO is not safe in every exchange, you may go only in top tier exchange like Binance, Bittrex, huobi, otherwise, IEO will become garbage too.

[GregH37]

ICO is the cheapest way to raise funds. Therefore, ICO still exists today. If the ICO is deemed lacking and ICO Developers want something more so that the ICO is successful, an ICO can hold an IEO. Through cooperation with Exchangers. Which of course ICO Developers need to spend more money, to pay for the IEO place on the exchanger.

I think ICOs will still exist despite IEOs more coming. Many developers team trust on ICOs is good way because they believe on their own project. But IEOs is more interesting than ICOs these days because promising big profits when start traded in market

Of course ICO  will still be existing but if care is not taken, they will only exist and be the investors themselves because no investors would be available to participate in the ICO project, so before it becomes too late, most of these Good ICO too needs to come together and create a body that will oversee all ICO projects and get rid of all these Scam and Bad ICOs, at least creating a body doesn’t mean they are strictly under the control of government, it would just be more of like an association.

We might think this is not possible to coordinate because we have so many ICOs in different parts of the world but how is STO able to do it? STO projects are from different parts of the world too but still to be controlled by SEC. SO all genuine developers must put their difference aside and see how they can work towards perfection if they want to continue their relationship with investors.

[MidnightWolf]

Bittorent wasn't a typical ICO, it was an IEO in the Binance launchpad! Binance name is enough to make a big hype for any kind of project. Therefore, BitTorrent is a known and popular name, and its token sale was offered in Binance! So, a big hype created automatically! But 80% of ICO projects are garbage, some of them are scam or shit. IEO sale is doing well right now but IEO is not safe in every exchange, you may go only in top tier exchange like Binance, Bittrex, huobi, otherwise, IEO will become garbage too.

you need to find some ways to control the creation of a new project. That is what will give real opportunities for the development of really promising projects and will attract better investors' funds to the company's ico market.

[Script]

In adverse market conditions, we see dumps of useless and fraudulent ICOs in which it is very difficult to find quality projects with an active, honest team for investing. And for this you need to carefully select projects for participation.

[mrdeposit]

In my opinion, calling ICOs garbage is kinda unacceptable in a bull market but you can call whatever you want due to obvious reasons. ICOs don't perform good in the bear market and rewards are decreased with huge percentages.

[Nowherman]

Apparently, newcomers in the cryptocurrency sphere continue to invest in the garbage ICO projects. And these newbies have only recently learned about such a "promising" way of investing their money. Traders and investors involved in cryptocurrency operations for several years are unlikely to continue to invest in ICOs, knowing that their funds are likely to be 10 times cheaper.