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Author Topic: ARE ICOS STILL LEGIT?  (Read 4734 times)
acoin2000
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September 12, 2019, 01:00:00 PM
 #101

No, no one trust ICO this days, last years i invest in yobit and lost all my money
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September 13, 2019, 08:52:08 AM
 #102

There are very few ones but they are getting attention once again. ICO may not be legit but if the question is the coin offerings then IEO seems to be popular once again. If you look at how much they are getting funded once again you will realize that the bad part of ICO has ended and the coin offerings are once again getting money.

There was one IEO in binance for a while that literally got funded 100 million dollars in couple hours, not even days which means the demand for new coins are still there. Don't get me wrong coins might be horrible coins and they might not end up being anything at all however the reality is that people want to fund those and get cheap coins and then sell it as soon as they hit the exchange so they can make profit, they are not after anything else.

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September 13, 2019, 10:26:03 AM
 #103

sure there are still so many good icos and ieos out there, even of recent some gave investors good profit, but on this space, it feels like a lucky guess, no one is really sure of what project will be very successful. But the fact is some projects are still worth it and have use case and functionality
 
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September 13, 2019, 10:30:51 AM
 #104

The purpose of having an ICO is to raised the capital needed for the business, but it does not mean that we can call them a fraud, even though we experienced a lot of fraud projects before, i am still participating some good ICO this time, and i could say, it depends on us on how we judge them, but for me, i am just careful enough of which projects i am investing.

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September 13, 2019, 11:35:01 AM
 #105

Given the recent market behavior it is hard to tell if an ICO is scam or not. I have personally been involved in a handful of ICO scams and truth is you wouldn't know at the onset if they were scam or not. My advice is to just take your time and devote it to extensive research before actually investing.
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September 13, 2019, 03:23:42 PM
 #106

TS has some strange logic regarding ICO. With the same success it is possible to consider cars on gasoline/diesel fuel "pieces of useless metal" after all there are electric cars. Maybe you should take off the blinders and start to delve into the essence of the projects.
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September 13, 2019, 03:33:32 PM
 #107

There are very few ones but they are getting attention once again. ICO may not be legit but if the question is the coin offerings then IEO seems to be popular once again. If you look at how much they are getting funded once again you will realize that the bad part of ICO has ended and the coin offerings are once again getting money.

There was one IEO in binance for a while that literally got funded 100 million dollars in couple hours, not even days which means the demand for new coins are still there. Don't get me wrong coins might be horrible coins and they might not end up being anything at all however the reality is that people want to fund those and get cheap coins and then sell it as soon as they hit the exchange so they can make profit, they are not after anything else.
That is true, there are very few legit ICO and is difficult to found good ICO project at this time. Now the coin offering change to IEO and looks like legit investment if participate in IEO project on big exchage like Binance.

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September 14, 2019, 05:02:25 PM
 #108

ICO's are still legit and legal. But the popularity in them is decreasing due to frequent scams.
People now are choosing IEO's, IDO's and STO's because they are more secure.
That is actually my view of it, many of us have not visited the session of campaigns as often as we do before, because we have concluded that the projects there are full of scam, meanwhile, we still have so many projects that are very real and genuine, but they are not getting our attention because of the bad image that scammers has created for them.

Since, ICO is no much showcasing these projects, they ought to just try as much as possible to register ion IEO, the way IEO is slow, it shows that the number of scam project and bad project is far greater than the good ones, it is even good tat IEO help reduce the number of projects that we have in the market today because it is just too saturated, so any genuine project better go on IEO and stop depending on ICO.
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September 14, 2019, 05:03:42 PM
 #109

ICO is still legit but there are so many projects doing ICO that is not legit and just want to scam people.
This is why many people are not joining any ICO now due to many SCAM projects.
I hope things can be regulated so scams can be easily eliminated.

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September 14, 2019, 05:09:41 PM
 #110

There are still some ICO and IEO projects, but their number is decreasing with time, as we see actually so many scam and worthless projects. So it is a must to study the project carefully before investing our money or time, because the ICO industry is still very risky.
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September 15, 2019, 10:14:58 AM
 #111

It's all very confusing. Some countries have banned ICOs, but it is not difficult to participate in those in other countries, so it is enough to base oneself in a friendly place and it is still possible.
Obviously it's not as easy as it used to be.

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September 15, 2019, 11:21:18 AM
 #112

Yes, why not if it is good project and good team behind it, if one or more of the team has previous success project, if it has physical location such as exiting company
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September 15, 2019, 12:59:21 PM
 #113

Not going to ignore that many ico fail , my mean the price drop a lot after hit market or the worse scene it will scam. Many investor skip for joining ico because of that and prefer join IEO. But if you want to cross check there is still ico with good project and legit to invest. But you really need to be carefull
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September 15, 2019, 01:08:10 PM
 #114

Personally I can't invest in any ICO anymore, I will rather wait for it to trade on a decent exchange if I think the project is good. I normally invest in IEO done on Binance, Kucoin, OKEX, gate.io for safety reasons. Well, maybe some ICOs might still be legit but I don't take chances anymore.
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September 16, 2019, 11:44:13 AM
 #115

Personally I can't invest in any ICO anymore, I will rather wait for it to trade on a decent exchange if I think the project is good. I normally invest in IEO done on Binance, Kucoin, OKEX, gate.io for safety reasons. Well, maybe some ICOs might still be legit but I don't take chances anymore.
It's hard to predict the future of any projects that has been offered from this market, a lots of scammers are around and taking the risk added from each projects once you bring your money inside, finding good developers is hardly to find while working and trying what kind of finished product that will soon be acceptable by many investors around.

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September 16, 2019, 11:48:44 AM
 #116

It is still legal in many countries around the world. Because there are no clear laws about ICOs and ICOs that are ongoing and stealing money from investors
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September 16, 2019, 11:57:45 AM
 #117

It is still legal in many countries around the world. Because there are no clear laws about ICOs and ICOs that are ongoing and stealing money from investors
When there is no clear laws, you cannot call it legal, ICO is more like not regulated so you will not face any consequences when you participate by investing since there is no clear law. However, regardless of that, we should be aware that there's a low success rate for ICO, so it's not attractive to invest on it.

ICO is still alive but soon it might disappear in the market together with the coins we invested with our money, so it's safe to shift to another popular crowdsale now which is the IEO.

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September 16, 2019, 12:00:04 PM
 #118

The point depends on each other's views because every investor will not put their money in the wrong place. but if you say ico is still valid or not, I don't think so. but the fact is ICO's bad reputation will not stop investors from investing in it.
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September 16, 2019, 12:06:16 PM
 #119

there are still many who believe that ico is still many who do it right, although not a few are also lying.
but I feel ico can still be held and can still run well. there are indeed many challenges with the existence of an ico that is a scam, so ico has been deemed not to represent good trading.
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September 16, 2019, 12:15:11 PM
 #120

Personally I can't invest in any ICO anymore, I will rather wait for it to trade on a decent exchange if I think the project is good. I normally invest in IEO done on Binance, Kucoin, OKEX, gate.io for safety reasons. Well, maybe some ICOs might still be legit but I don't take chances anymore.
I also only invest in IEO because this is the best way to make profits from this market. In fact participating in leading exchanges like Binance, Huobi, Bitmax can be very good for your profits because these are exchanges that have lots of successful IEO projects and earn twice as much profit easily if you have a ticket to attend. I have participated in many good IEO projects and among the 10 IEO projects I participated in, all of which helped me to make a very high profit.






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