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Author Topic: Are investors realizing that IEO is a silent scam?  (Read 1078 times)
shakesbear
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May 04, 2019, 08:01:52 AM
 #61

The ocean coin  is weak project, it was clear that it will not bring profit, and no one promised us anything. All investments are made at our own risk.

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May 04, 2019, 08:02:59 AM
 #62

I do not think that if somewhere in the IEO industry there are difficulties, then it should be equated to scam. For example, on Binance IEO were launched successfully, there are also examples of other exchanges. In any case, if errors arise somewhere, they just need to be fixed.
Investors like IEO, it's one of the reason the demand of crypto especially the major coins has increased.
What I believe is that investors are realizing that more scams in ICO and they need a safer platform and they found it in IEO.

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May 04, 2019, 08:14:51 AM
 #63

It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?


I see IEO is another option for the ico project.
I can't conclude like you because I don't know how the mechanism is to ensure that the IEO is a scam program.
I think Bittrex has a team that will assess this especially for many projects that carry out the IEO. until now everything has not been running and still has to be studied

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May 04, 2019, 08:33:47 AM
 #64

After seeing that there was no profit, there was fear. The successful progress of Binance in the sale of IEO led everyone to believe that they had found a new way of gain. But it should not be so easy.
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May 04, 2019, 08:43:32 AM
 #65

I think people have been fooled into thinking that IEO's are some sort of panacea where all the problems with ICO's will be fixed. They will eliminate the most egregious types of scamming like the people doing the ICO turning out to be fake and running away with all the money. But they won't protect you from badly run projects or even stupid ideas. The exchanges don't screen for quality and I doubt very much they could even if they wanted too.

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May 04, 2019, 09:03:48 AM
 #66

It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?
Either the hype dies down, or  that particular coin does not have a platform that can contribute to its popularity, investors are more wiser now, they will not bite to every IEO that comes along the way, they will check it, if it's going to be a short term or long term investment or will just die down after the hype is gone.

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May 04, 2019, 09:07:32 AM
 #67

I think Ocean Protocol has not reached its IEO Hard cap because of the previous IEO on Bittrex - Veriblock - which is now traded at about 0.5x price. It is very important for every exchange to hold the first IEOs with a good profit for investors.
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May 04, 2019, 09:57:52 AM
 #68

Avoid Bittrex IEO-s like a plague if your intention is to flip your investment or hold it for a short period of time. They should really limit the MCs of listing projects to 10 or max 15 mil as some other tier 1 exchanges did. And better vesting of projects wouldn't hurt either.
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May 04, 2019, 10:02:02 AM
 #69

Is like many just use the word scams without knowing its actual meaning. Not selling it out within seconds does not mean it is a scam. What I see is that investors are very more cautious now because they don't want the repetition of what happened in 2017 and I think this is very good for the industry.

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May 04, 2019, 10:18:15 AM
 #70

Avoid Bittrex IEO-s like a plague if your intention is to flip your investment or hold it for a short period of time. They should really limit the MCs of listing projects to 10 or max 15 mil as some other tier 1 exchanges did. And better vesting of projects wouldn't hurt either.

I think just a way to make more money to the exchanges. This does not solve the main problem with the projects. I do not know yet I’m bad at projects on IEO.

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May 04, 2019, 10:46:17 AM
 #71

I think IEOs are not scam, but just because a project has an IEO and no ICO, it doesn't make the project any better. IEO does not automatically mean that the project is really good and that you should invest in it. I think some investors have recognized that too and don't invest in every project that an IEO carries out.  Smiley
I never appreciate blind trust and it should always be discouraged. Not all IEOs could be great but those which are conducted by the leading digital platforms like Binance and Bittrex. Binance Launchpad has had great success so far. Bittrex cancelled IEO for a crypto startup after the start up got their deal cancelled with an e-gaming company. They cancelled it for the good of its users which is enough evidence to call Bittrex a good platform.
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May 04, 2019, 10:51:33 AM
 #72

It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Is investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?
Have you watched another IEO that launched on bittrex before ocean protocol? Those investors are getting lost around 40% and that's why they learn from there. They are putting their money into the IEO that runs in another exchange site. I have the same thought with you dude. I believe ocean will bring investors to the lose again
LOL, I think those that rushed into investing were just learning from the market and thank God they have already done our research for us. I have always told people that IEO is just going to make more money for exchanges and not all investors, there is no platform they cannot practice dump.

The only solution that IEO platform brought is to engage people in projects that are not being operated by scammers, that is if they participate in the ones from reputable exchanges. It is even good as they are still no longer meeting up with their marketcap, they will end up falling back to bounty hunters for help.
You're right the newbie are those that usually invest into most IEO base on the high traffic the project got but I want you to know that you're wrong when you said the IEO platform brought crypto  community project that are not operated by scammers because the last time I check the procedure it was just like the information exchange ask for coin listing(site, ticker,team info etc).

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May 04, 2019, 11:00:23 AM
 #73

Bittrext's first IEO also failed miserably, it couldn't even be launched when people learned that a rough handkerchief and Bittrex decided it was too risky. Do your own research, and don't invest blindly on something just because it's all hyped up. scammers will follow developments. for now, the scammer may be depressed because of an alternative IEO. but they will look for ways too and the same as ico, IEO will be full of scammers later. I think that's the principle of their work. because they won't die easily.
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May 04, 2019, 11:28:41 AM
 #74

I think it's not correct to call IEO a scam. There are projects that have not caused a stir in the market and their tokens have not been bought in seconds, but they are completely legal and have passed the audit of the exchange where IEO is launched. Bittrex just chose not the projects that could create a stir and attract investors. I don’t invest in all IEO, because I’m waiting for a really cool project to make at least x4 from it.
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May 04, 2019, 11:32:31 AM
 #75

I think it's not correct to call IEO a scam. There are projects that have not caused a stir in the market and their tokens have not been bought in seconds, but they are completely legal and have passed the audit of the exchange where IEO is launched. Bittrex just chose not the projects that could create a stir and attract investors. I don’t invest in all IEO, because I’m waiting for a really cool project to make at least x4 from it.

Well yes. Invest in all this is stupid. Need to study projects. For example, now as a hunter, I study projects in detail to write an article or make a video. The same should be done and with investing in the IEO do not throw on all projects. And choose real ones. And the best.

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May 04, 2019, 12:52:50 PM
 #76

Some companies that conduct IEO cannot reach 100% of the sale of their tokens, everything of course depends from the exchange itself, how popular it is and of course much depends from the company itself, not all investors will want to buy tokens of a company whose ideas and plans are unrealizable.
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May 04, 2019, 01:45:44 PM
 #77

Someone once posited that IEO lacks transparency as the total number of investors may not actually be released to the investors and hence the fund realized. IEO is just different from ICO because of some level of confidence that team won't escape with collected fund and that such project will eventually be listed on exchange. Nevertheless, some exchanges do promote shitty projects as they are only concerned about their profit from conducting the IEO and possible listing.
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May 04, 2019, 04:30:36 PM
 #78

It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Are investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?

I believe that with the help of IEO earn primarily exchange, as it is impossible to participate normally in the sale and buy tokens. Exchanges can throw their own money, and then drain the tokens when listing and make a lot of x's. And since the bulk of the purchased tokens can belong to the exchange, they can easily set the selling price.


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May 04, 2019, 04:35:41 PM
 #79

It has been going three days Bittrex has launched IEO for "ocean" coin. But seems still now 17% remain of IEO token. Last IEO was closed within few seconds. Wondering why still not sold out current IEO on Bittrex. Is investors realizing that IEO is silent scam? Because on last IEO on Bittrex lots of investor's got REKT. Perhaps that's why investors worried about their funds.

What do you think? There is any other reason?
Bittrex IEOs don't get pumped because they don't have whales anymore lol.
IMO project on Bittrex aren't really appealing, If they had some really amazing projects they will sell out! I'm just waiting for one to participate!
yes you are right, not all IEOs will succeed. this depends on the project too. if the project is not good enough, investors will definitely not be interested. so just because it doesn't end quickly, that doesn't mean the IEO is a scam.
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May 04, 2019, 04:40:52 PM
 #80

People are beginning to understand how IEO works and the excitement is on the decrease. Just like the inception of ICO's where so many projects sold out in seconds, but now many can't reach their soft cap. That's what is simply happening. When the trend is at its peak we get faster sales, but it subsides with time.
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