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Author Topic: ICO makes me sick  (Read 18775 times)
Xenrise
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April 18, 2019, 04:40:52 PM
 #421

If ICO makes you sick then you should be trying right now IEO or the Initial Exchange Offerings. I feel you that you have some bad experience in ICO that turns eventually into scam. In IEO you're assured that at least it is less scammy than ICOs.
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April 18, 2019, 04:46:44 PM
 #422

The majority of new businesses fail in every industry.  This is just how business works, this isn't a special case in crypto.  Just go back and look at the dot.com boom and see how many failed companies there was and how much money people lost.
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April 18, 2019, 04:48:01 PM
 #423

I think OP was just too lazy to research into these ICOs before joining the project or investing into the project. Many investors have regretted their actions basically because they were unable to de-facto the solutions the project tend to offer, also, unable to check the activeness of the team behind the project. Even in IEOs today, any investor who refuse to research before investing will end up "IEO makes me sick".
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April 18, 2019, 04:53:17 PM
 #424

I am very agree with this tread, ICO at this time can only harm many people, many investors who invest in ICO suffer huge losse, when entering the market the price immediately falls and is difficult to reach ICO price

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April 18, 2019, 09:12:31 PM
 #425

If ICO makes you sick then you should be trying right now IEO or the Initial Exchange Offerings. I feel you that you have some bad experience in ICO that turns eventually into scam. In IEO you're assured that at least it is less scammy than ICOs.

From changing varieties of shit, the essence does not change. There, investors were deceived by the projects themselves. Here exchanges cheat investors. What does it matter to you who deceives you and take your money?
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April 18, 2019, 09:55:08 PM
 #426

I am very agree with this tread, ICO at this time can only harm many people, many investors who invest in ICO suffer huge losse, when entering the market the price immediately falls and is difficult to reach ICO price
Yes, it is very annoying for the ICO at this time, because most of them fail and commit fraud, this is very embarrassing, so if it continues like this, the ICO will sink further.
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April 18, 2019, 10:01:06 PM
 #427

Most of the newly lunched projects in the crypto space are just put to test, whether they will succeed or not? Although, there are those that are intentionally meant to scam folks.
The factor that really and truly frustrate investors and crypto enthusiasts in general is scam.
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April 18, 2019, 10:01:33 PM
 #428

I think we can say that the new system has already replaced the old one. At the moment, ICO is carried out only by the blockchain industry titans, all the rest simply will not be able to raise funds. However, there is an assumption that the ICO will still return in its old form, provided that the current system is no longer profitable.


Not anymore, ICO will soon to replace by IEO platform which I believe that this could erase the bad reputation have given to crypto space.
I've been participating ICO before but it never be that bad unlike it shown recently. A lot of people tried to manipulate the market and even more greedy to take care of their own and not for the benefits of everybody.
That's commonly happened after this market become the place for greedy and manipulative people, ico's hasn't get any good support from the communities, as investors and traders are being frustrated after those results coming from previous projects who turned to be scam or not even meet listing inside decent exchange.
Frustration is really there thats why the damage cant really be repaired made by those greedy people or scammers shall we say which entirely
destroy out the essence of ICO just for their own's sake.For now ICO is gradually going to the floor yet IEO is now the newest thing but not literally safe on
getting some losing investment.

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April 18, 2019, 11:33:49 PM
 #429

No funds no project idea makes me sick and tired of ICO ,I never like the idea right from the beginning ,why? Well to me if you are the owner of your business or company and you have struggled a lot to build it you won't dare want to let go or see it crumbled and fail,this is not present in ICO cases ,ICO is just like "oh if not much funds then I will back off and reopen another project maybe we can reach the hard cap" ,well if every developers are the ones funding there projects they will be more serious to make it a successful one,the easy safe path of backing out if hardcap is never achieved makes it feel easy for every one especially the scammers, I'm not been heartless ,if you don't have money to fund your project just don't bother ,many coins out there have no ICO ,no premine ,no bullshit with fine price per coin ,they never want any funds ,coins like masari ,Loki,haven project, dero rely on nobody fund yet they perform better than hundreds of ICO.

I believe that ICO is already becoming STO, this is a positive thing, if you are a person who has always been looking for opportunities with ICO, this is an opportunity that you have to do it in a safer and more reliable way. Previously followed many ICOs and most of them became SCAM, very few survived, and in reality it was a waste of work and time, and now continuing and being active in an ICO that became ICO, is much more reliable , and I know that it will not be SCAM, because in fact it has as backup an important company.

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April 19, 2019, 04:59:09 PM
 #430

If ICO makes you sick then you should be trying right now IEO or the Initial Exchange Offerings. I feel you that you have some bad experience in ICO that turns eventually into scam. In IEO you're assured that at least it is less scammy than ICOs.

The guy can simply forget about these projects and trade. However, if he feels that even trading makes him sick, probably, it will be better to quit working with the cryptocurrencies? Probably, the best way will be the cashout?
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April 19, 2019, 07:02:31 PM
 #431

I am very agree with this tread, ICO at this time can only harm many people, many investors who invest in ICO suffer huge losse, when entering the market the price immediately falls and is difficult to reach ICO price
Yes, it is very annoying for the ICO at this time, because most of them fail and commit fraud, this is very embarrassing, so if it continues like this, the ICO will sink further.

People will no longer believe in the ICO and will really leave it and will switch to the IEO, but if ICO is honest again as before, maybe ICO will be trusted by investors.

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April 19, 2019, 07:06:55 PM
 #432

I feel your pulse dude, it could actually be painful.
Sometimes its like when they know they wouldn't meet up, why start in the first place. But, it should not be that way because many of them also meant it well but they are as disappointed as we. We get so disappointed at our wasted time and money. But if we also knew we wouldn't have joined the ICO in the first place.
Greedy investors forced this industry to make more than what it can. After the various methods of scamming people new projects decided to apply KYC for every investor before accepting their investmeent to a project. ICOs are new way of scamming other people and it will be replaced by the IEOs.
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April 19, 2019, 07:12:00 PM
 #433

I feel your pulse dude, it could actually be painful.
Sometimes its like when they know they wouldn't meet up, why start in the first place. But, it should not be that way because many of them also meant it well but they are as disappointed as we. We get so disappointed at our wasted time and money. But if we also knew we wouldn't have joined the ICO in the first place.
Greedy investors forced this industry to make more than what it can. After the various methods of scamming people new projects decided to apply KYC for every investor before accepting their investmeent to a project. ICOs are new way of scamming other people and it will be replaced by the IEOs.

And very soon, these IEOs will find a way to scammers. Crap projects are being planned to apply for this IEO stuff. Another ongoing hype, and more than likely, for sure the owners are going to benefit from this. And to add also, the big whales that can access those IEOs.
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April 19, 2019, 07:12:44 PM
 #434

the market situation is not stable, not only is ico bad but ico who has a good work map is also not easy to reach the specified target. we cannot blame them or fully assume that all ico are fraudsters. I learned from my own mistakes when investing in dead coins.
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April 19, 2019, 07:13:32 PM
 #435

I agree! Recently it seems like even the owner of the projects don’t care about the success. The team only care about the fund they raised. So it’s hard to know if team really work hard for the project or not.. I hope the crypto market will be much better in future.
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April 19, 2019, 07:15:16 PM
 #436

I agree! Recently it seems like even the owner of the projects don’t care about the success. The team only care about the fund they raised. So it’s hard to know if team really work hard for the project or not.. I hope the crypto market will be much better in future.
I also have the impression that the projects simply do not bear any responsibility for the failure, and therefore they are not very motivated, and, of course, the conditions on the market are not the best now.

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April 19, 2019, 07:24:18 PM
 #437

KYC requirement made myself too sick, when I am talking about KYC I am not just talking about the regular know your customer as it used to be because I don't see it necessary in an ICO project unless users are going to make purchase of the tokens via fiat, else it's just a waste of time.

Finally I am deciding to demand like this; I am preferring to know your CEO, whereby the team behind the project schedules a one on one webinar with it's potential investors so as to build confidence with them, they can also meetup with some potential investors from their country to build more trust.
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April 19, 2019, 07:28:51 PM
 #438

ICO represents the opportunity to give life of a good business idea. In the real world you can't find many people or businesses who are ready to invest in a year is the alternative choice is represented by ICO's!
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April 19, 2019, 07:34:11 PM
 #439

In crypto conditions like this, it certainly makes things easier, we have not got the maximum results from what we have invested, all of them hope that the next crypto development will be better for the future, so that they will be more eager to find results in crypto

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April 19, 2019, 07:36:55 PM
 #440

Some Project owners don,t have such passion for even their own project, their main focus is what they can milk from quibble investors, all you see this days is project without any ambition, very empty with little or nothing to offer, most of project from 2017 are not very active in this present times because they ran out of ideas, so a natural death.

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