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Author Topic: Are investors realizing that IEO is a silent scam?  (Read 1140 times)
tunapa
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May 10, 2019, 02:06:52 PM
 #101

Majorly IEO runs on hype , otherwise it will take a long time before any project will sell out. There were tim s when Ico would sell out in few minutes before it later started taking a lot of time. IEO is not scam and people are just being careful to participate because it’s very easy to lose funds in IEO to ICO. I just feel project that have made some substantial progress should run IEO on good exchange not just beginners.
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May 10, 2019, 02:53:51 PM
 #102

Majorly IEO runs on hype , otherwise it will take a long time before any project will sell out. There were tim s when Ico would sell out in few minutes before it later started taking a lot of time. IEO is not scam and people are just being careful to participate because it’s very easy to lose funds in IEO to ICO. I just feel project that have made some substantial progress should run IEO on good exchange not just beginners.
Both initial offering (ICO and IEO) are both not scam and the real scammers are the abusers of crypto currency anonymity. However, just because IEO are run by an exchange doesn't mean the crypto scammers can't use it to scam investors and like you said IEO are majorly run through hype which crypto abuser can use it to scam their investors.

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May 10, 2019, 03:00:00 PM
 #103

Am not among those that see IEO as a silent scam. All I see is a rebranding of ICO which is less riskier than ICO though it's not perfect but as for me it is better because of the instant liquidity that it provides which gives investors an opportunity either to liquidate it or hold for while.
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May 10, 2019, 03:06:04 PM
 #104

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 think the Bitrex case is a bit different event though the project that was held by the IEO in Bitrex was pretty good but the investors didn't believe it because the previous IEO no one could maintain demand.
and currently Ocean has dropped since trading began.

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May 10, 2019, 03:14:36 PM
 #105

I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.

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May 10, 2019, 04:43:47 PM
 #106

I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.
I also still don't believe that the IEO is fraud. Because, nowadays there are so many IEOs that benefit investors. but it must be remembered that not all IEOs can make big profits. It all depends on the exchange if in my opinion. So if you invest in the IEO there is no problem, as long as it makes you profit.
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May 10, 2019, 05:48:39 PM
 #107

I can't say that because there is no strong evidence yet, but seeing more and more IOs that are unclear at this time makes me even more convinced that IEo itself has a lot of games and it is also possible that it will be the same as its quality ico.
For now, IEO projects are much better than ICO projects. In fact, these are the same ICO projects, only with a certain amount of fraud prevention and listing guarantee on a certain stock exchange. Partial resolution of these major issues facing ICO projects distinguishes IEO from ICO. Therefore, it cannot be said that IEO projects are a silent scam, although they may well be a scam.
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May 10, 2019, 06:01:04 PM
 #108

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 think it's just like ICO, some are scams some are profitable.
So, be wise on choosing IEO even this thing is so hype in crypto world right now.
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May 10, 2019, 06:15:24 PM
 #109

exchanges should be more selective and choose good projects but not anyone. and there won't be such situations as with ocean coin.

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May 10, 2019, 06:28:23 PM
 #110

I'm really not sure if investors are realizing that some IEO are just not worth a penny because there is still many projects reaching their IEO sale hardcap.
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May 14, 2019, 02:29:50 PM
 #111

I do not see IEO as scams. They are in many ways better than ICO and it is just a matter of time before people view them differently. Yes there could be fraudulent IEO projects but the numbers will be reduced. Exchanges will do their due diligent because their reputation is at stakes if they launch too many scam projects.
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May 17, 2019, 01:09:04 PM
 #112

Maybe the reason the IEO hasn't been sold out is because people are just so picky nowadays on projects they want to invest in. Bittrex also requires a Know Your Customer process before you can purchase in these IEOs.

I am agree, but for KYC, i think exchanger like binance require KYC too. Investor must be picky because mostly IEO price after few days listed in market, the price drop and back to IEO price. But i dont think IEO is a silent scam because we can called scam if not listed in exchanger

They have KYCs for such transactions in Binance since they are situated in China. The laws are strictly cannot be overlooked or it can mean their downfall. Some IEOs are silent scam and few others are not. Let us just observe for now since these IEOs are new.
Binance in china, I think you are mixing it up with HUOBI, I am not even sure if HUOBI is fully in china, but I know they are Asian exchange, but for BINANCE, they moved there based already to MALTA and that is where they are operating from which I never think they were ever in china.

Whatever Binance is doing is not even for the sake of law alone, but because they have integritywhich they have applied to all their projects. If it was based on law, they could take advantage of the anonymity of blockchain to remain underground without people knowing them, but you can see that their CEO believes in himself and the power of his project, that is why he could show his face confidently to the world.

Binance already open in many country and i think they should comply with KYC or regulation. Malta offering regulation and in china there is stricty regulation about cryptocurrency and most exchangers prefer opening office in hongkong.
I am agree that binance CEO is very active on cryptocurrency development in the future and true believer and its good for crypto market because binance is one biggest exchangers

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May 24, 2019, 04:54:09 PM
 #113

Investors do not care even if each project on the exchange platform turns out to be a scam, they don’t invest in long-term, for them the IEO is a way of quick short-term investments.



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May 24, 2019, 05:04:54 PM
 #114

To me, ICO and IEO both are same. Because of scam ICO, it created a bad impression and people give up investing in ICO. Which is why IEO comes. But both are same. Come with an idea and raise fund. At the end of the day, both serves same purpose.
People may be started to realize it ane that's why no one is investing.

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May 24, 2019, 05:11:37 PM
 #115

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 don't think it's a scam. when the price of the token comes down from expectations, it is because exchange did not want to support the token.
Bittrex seems to be destroying itself and wants to focus on developing Bitsdaq. I think it's a good strategy for them. Asia is a good place for them to get more benefits.

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May 24, 2019, 05:17:29 PM
 #116

Investors do not care even if each project on the exchange platform turns out to be a scam, they don’t invest in long-term, for them the IEO is a way of quick short-term investments.
not everyone thinks like you. you are too pessimistic for long-term investment. investors determine long-term or short-term investments depending on the ability and research they have done on the project, not on the success of the IEO. because maybe the IEO can be successful but it does not guarantee the project can survive after being traded on the market.


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May 26, 2019, 04:43:33 AM
 #117

IEOs are nothing but ICOs  with a guarantee of getting listed. While ICOs did not had any guarantee whether it will be listed on exchanges or not, IEOs provided it.
But there is no such guarantee that the IEO will be successful or not. That will always remain a mystery until the project is implemented.
So expecting every project to get sold out in minutes is foolishness. If it would be such a thing then every investor would probably invest in every IEO.
So you have to take the chances by yourself and research about the project before investing in it.

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May 26, 2019, 04:53:40 AM
 #118

the token have with use on accounting as the value on exchange to confront with selection on token as pairs with the running chart as the drawing with the table market of the exchange.

Dellosoft
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May 26, 2019, 07:13:29 AM
 #119

I personally think Bittrex isn't doing well with IEO because of the very first failed IEO after being announced, which didn't hold again. Investors are now weary since the second IEO didn't do well too, the doubts continue if future IEOs on Bittrex will do well. Bittrex is a unique exchange, no doubt, "but this shoe doesn't fit them".
Dreamchaser21
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May 26, 2019, 07:17:38 AM
 #120

Not all IEOs are scams, I think the ones on Binance are way more legit than 99% of the ICOs.
Agree on this, its too early for IEO to scam investors but we should always be careful on investing whether its listed on top exchange or not. IEO is a new way to invest, i’m confident more good project will do IEO and make a good project.
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