Many ICO / altcoin scams?

[Oneandpure]

Very sad for investor if many ICO scam or lower price after listing, for bounty campaign maybe lost much time with doing task without get payment but very sad moment for investor have lost much money, maybe some ICO have failed and scam with less sold coins will return for investor money and give back their balance depend how much they buy or invest with ICO coins.

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[barnes13]

Now i see a lot of new ico many developer are promise to there investor that they get a good profits.
So why some ico after  the project success they will be abandon there investor then after the project will become scam?

That's because many projects only want to get the funds they get from selling their tokens without having serious intentions in developing their projects. Therefore, now many ICOs are left by investors because there is no guarantee they will get a profit, even on some websites there are people who sell services to make you an ICO website and also your token for only $50. I prefer to invest my funds to join IEO in several well-known exchanges, because lately they have proven to be trustworthy and also the cost for listing IEO on the exchange is very expensive. From there I can distinguish which projects are serious in developing and which are not.

[whtchocla7e]

Too many, thousands of altcoins were born and it was not valuable, attracting a lot of money of investors, ... Or maybe that money was not the potential of a dead company.

[Marble777]

Now i see a lot of new ico many developer are promise to there investor that they get a good profits.
So why some ico after  the project success they will be abandon there investor then after the project will become scam?

That's because many projects only want to get the funds they get from selling their tokens without having serious intentions in developing their projects. Therefore, now many ICOs are left by investors because there is no guarantee they will get a profit, even on some websites there are people who sell services to make you an ICO website and also your token for only $50. I prefer to invest my funds to join IEO in several well-known exchanges, because lately they have proven to be trustworthy and also the cost for listing IEO on the exchange is very expensive. From there I can distinguish which projects are serious in developing and which are not.

yes you are right, and that is indeed their initial bad plan. If the developer is serious or professional in their work, they certainly will not leave the project they have built. I also heard about the service and I began to think again how easily someone made a project with only $ 50 and could make millions of dollars from the results of the fraud.

[TheICE007]

While we keep complaining of scam projects, people are there making profit, like already said, it's a free market, I mean the crypto space, where you find all sorts of individuals, what is needed in the crypto space is complete research so as not to fall into a scam project, because every business has it's good and bad, so crypto isn't an exception but we need to be cautious and open minded.

[SyndicateLabs]

I was so frustrated with the current ICO and IEO projects, even the IEOs that were successful and listed on exchanges became scammer. It's best to never be greedy for profit and never try to join IEO

[Davian144]

I was so frustrated with the current ICO and IEO projects, even the IEOs that were successful and listed on exchanges became scammer. It's best to never be greedy for profit and never try to join IEO

Not only are you frustrated, many other people are frustrated, including me personally, now it is indeed difficult to predict a good project, even though it is run through IEO, because scammers can appear at any time, even when the project token is already listed on the exchange.

[KnightElite]

It is a reality that there are many scams ICOs in the market, there are many fake projects that keep promoting in the market. In order to protect our money, we should equip knowledge and right information.

[ajaymukund]

It's really hard to find a potential, quality ICO project because most of them are scams.  But altcoins from ICOs are really hard to survive in the market now.  BTC accounts for most because it is so large.  Perhaps the altcoin season has ended from here unless there's a new trend coming back.

[jcpone]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

I think we can't stop this scammers anymore, because they are everywhere now. ICO actually is not bad only the team, or developer was most often the problem, because they are scammers and opportunist to deceive many in this field of business in crypto world. That's why as an investors and bounty hunters we should be wise and careful in choosing ico project campaign.

[South Park]

Many complain about fraud at ICO, it's natural, every ico that appears either new or old has lost investor confidence and the chasing of prizes, the crypto market is open freely so we must be clever in preventing the occurrence of sammers, we must find a safe space so investors are safer in playing in the crypto room going forward

Exactly. The most important thing for people who invest in ICOs is to know the risk. Unfortunately, there is no education on how to verify the credibility of the project. A certain solution is the IEO in which exchange checks the credibility of the project. However, it does not verify whether the project has a chance of success. When people learn how to verify the risk associated with the investment, the complaint will end. In other words, education is the most important thing.

But that will require a huge investment in time and money of each investor and that is something most of them won't do, it is quite common to see many investors putting their money in icos or ieos and when you ask them about what kind of books they have read about investing to help them take better decisions you'll find that most of them have never read a book about it, so while education will surely help diminish the number of investors being scammed very few investors will educate themselves for that end.

[PuertoLibre]

I was so frustrated with the current ICO and IEO projects, even the IEOs that were successful and listed on exchanges became scammer. It's best to never be greedy for profit and never try to join IEO

I don't think the IEO scam accusations are more than ICO's scam accusations, the difference suggests to join the IEO. Black chains covered the ICOs, so as a majority of the crypto investors I prefer to believe in the IEOs. The scammers can take out the hands even after the token is get listed. Breaking the exchange rules and delisting from the exchanges are the nearest steps to call the project scam.

[lotfiuser]

a lot of things has changed since all-time ath  people don't trust ico anymore and even ieo on small exchange I think its a good thing for the crypto world there will be no free money for a shitty project or a scam project people are smarter now

[Shasha80]

Talking about ICO scams is endless, because in my opinion it can't be eliminated about problems scam. In the future there will always
be scam projects, and only we alone can overcome them. In a more thorough way choose ICO projects do a thorough research,
pay attention to the roadmap, and follow the community. By doing that all is enough to determine whether the projects are real or fake.
But indeed the practice is indeed very difficult to distinguish projects real or fake, because the scammers are more creative in deceiving
their victims.

[Crypto5060]

Because it's a free for all market, it doesn't mean that people should be dishonest to the extent of scamming others. It only shows how degenerated moral standards have fallen, because if we still had morals, trust would have been very easy.

[Jocuserious]

Of course i have skills about it the year 2018 start and to right now 2019 year lot of scam project i was seeing and personally some scam people already attacks me. Actually right think to research wiethpaper team members profile there activity and development roadmap for identified a good project. If everything have good side then you can participate those projects like this will be good successful.

[erickastella]

yes I was once deceived ICO scam, there is also after I bought the ICO finally did not sell in the market alias there is no price, I was very frustrated at the time, for this reason I learned to analyze a project that held an ICO or IEO that is by looking at the team, roadmap, whitepaper and mission of the project in order to avoid fraud.

[lepbagong]

I was so frustrated with the current ICO and IEO projects, even the IEOs that were successful and listed on exchanges became scammer. It's best to never be greedy for profit and never try to join IEO

Vigilance is needed to sort out new projects at this time, it is true that you say that does not guarantee a project can run well even must be listed on the exchange. because many after that coin that is sold is worthless and can even become a scam. at this time such reality is not a strange thing that often happens and we should not be quick to believe.

[torpedo]

More than 80% ICO projects turn out to be scams. I am also holding some shitcoins myself, whose fault is this? Mine, totally mine. You have to be precautious in this business, and not depend on others for doing that work for you.

[sapnu]

Hi, many people are still complaining how many ICOs ended up as a scam.
The cryptocurrency idea is to create a free worldwide decentralized ecosystem. Free for all, for honest but also for dishonest people. It is free market and you should protect yourself before losing your money. You don´t like it? Then you do not understand crypto.

They get scammed still because they lack knowledge and they always feel on taking some precautionary measures before joining a certain campaign. They should first read the whitepaper as a whole and not just a scan, also they should check the members or the team. If you still get scammed, then you've picked an useless ICO. It is your responsible already to pick and find a good ICO so you can't really blame it on them. The number of ICOs are still growing so it is very difficult to find a good ICO definitely so be careful and smart always on picking.