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Author Topic: Many ICO / altcoin scams?  (Read 1883 times)
Pelunize12
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October 19, 2019, 02:21:51 PM
 #201

can not be denied, there are many ICOs are scam, they just wanna take money from investor. they promise a good product or anything else, but after get money, they ruin the promised
it's normal if the ICO get reduced trust from investor, bcz everyone wants to get money/ not to lose money
then, appears an IEO (Initial Exchange Offering), i think it's better than ICO. but i just prefer IEO from binance, most of them IEO works successfully

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October 19, 2019, 07:32:40 PM
 #202

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.
I can tell that in the future you are going to do really well in this market because you accept the responsibility of your mistakes, most of the investors in this market when they find out that they have lost their money instead of accepting the responsibility they try to find someone to blame and when that is over instead of learning about their experience they keep trying to find someone to give them a reliable advice about which coins could be a good investment, and as you may guess they keep losing money until the day comes when they have no more money to lose.

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October 19, 2019, 07:38:24 PM
 #203

Even though many ICOs are scams, don't give up. Cryptocurrency still has many offers for you to earn money. If you are tired of projects and tokens or new coins that are scams, then switch to investing coins and tokens that exist in the market, choose the most promising, do the best analysis possible. Stop wasting energy on useless new tokens and coins. Now there is IEO, if indeed you are interested in new products then choose a compatible exchange such as Binance, Okex, Kucoin, etc.

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October 19, 2019, 10:43:59 PM
 #204

I don't think this is true. Why do we judge it without scrutiny? If you know that this ico is scam, spread it for everyone to know.
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October 20, 2019, 01:31:39 AM
 #205

Even though many ICOs are scams, don't give up. Cryptocurrency still has many offers for you to earn money. If you are tired of projects and tokens or new coins that are scams, then switch to investing coins and tokens that exist in the market, choose the most promising, do the best analysis possible. Stop wasting energy on useless new tokens and coins. Now there is IEO, if indeed you are interested in new products then choose a compatible exchange such as Binance, Okex, Kucoin, etc.

Agree, there are many ways to make a profit in the cryptocurrency market. Although ICO is now starting to fade, there is IEO that is replacing and might be an alternative in funding new projects. In addition, we can do daily trading and many people assume that trading is one of the quick ways to double our portfolio
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October 20, 2019, 03:11:08 AM
 #206

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.

If there were government regulations, I think we would be less likely to keep valuable coins or tokens. I think government regulations can prevent many ICO scams and also provide certainty to investors
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October 20, 2019, 03:22:23 AM
 #207

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.
Find a good coin that listed already in the market and do not look for a new ICO project 90% of them is potential scam project . And the other 10% losing its price after the ICO which is not good indicator if you are looking for profit.
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October 20, 2019, 03:49:46 AM
 #208

2018 recorded high level of scam and unsuccessful projects in crypto and this has been one of the major banes to the smooth progress of most of the original projects on the market now because some investors are now afraid to invest. It is always good to perform research on the project before investing in them.
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October 20, 2019, 06:10:36 AM
 #209

Yes, exactly, many ICOs are fraudulent projects and many altcoins too. Pump and dump, that's what they're made for. Good altcoins, as a rule, immediately begin to tradable on many exchanges, and they are already working several years from the beginning of their launch. Their team is constantly in touch with the community and comprehensively improves its project. Such altcoins are at the top of the CMC rating. Coins at the end of this ranking are likely not to be promising.

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October 20, 2019, 06:48:43 AM
 #210

the cryptocurrency technology recent development was as a result of lack of trust and imbalance from our financial institution. the aim is to create a balance on how money is been owned and control. decentralization at its best. i doubt if the world will ever be decentralized. bitcoin holders are few. many will not be able to own it. the alt coins are to support btc but seems it is not a fair play for all.
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October 20, 2019, 06:51:22 AM
 #211

ICOS nowadays are mostly scams, while there are other legit ones but it's destined to fail because people lost trust on ICOS so no investors would put that much money on it. The projects cannot even raised their softcap there's no way to develop their project.

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October 20, 2019, 07:52:53 AM
 #212

If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.

 
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October 20, 2019, 08:00:22 AM
 #213

ICOS nowadays are mostly scams, while there are other legit ones but it's destined to fail because people lost trust on ICOS so no investors would put that much money on it. The projects cannot even raised their softcap there's no way to develop their project.

It is unfortunate because many ICO projects are scams, so the impact on ICO is very good. Nobody else believes ICO is likely that by 2020 ICO will be abandoned by everyone with the presence of a better IEO than ICO
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October 20, 2019, 08:22:12 AM
 #214

If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Majority of crypto enthusiasts know that ICOs are extinct currently, maybe newbies still invest in ICO. Everyone knows that IEOs are more beneficial right now, but this doesn't mean one should invest blindly even in the so called big projects or on big exchanges. Before making any investment, risk management should be considered as well as proper due diligence.
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October 20, 2019, 09:57:30 AM
 #215

If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Majority of crypto enthusiasts know that ICOs are extinct currently, maybe newbies still invest in ICO. Everyone knows that IEOs are more beneficial right now, but this doesn't mean one should invest blindly even in the so called big projects or on big exchanges. Before making any investment, risk management should be considered as well as proper due diligence.

This is not new to us anymore and I know that we are already aware of it that majority of those who conducted ICO are scam, so be very vigilant if we don't want to be a victim of scam. Better not to invest if in doubt or that you don't have to check whether that project is legit or no, in this industry no one should trust but your instinct and your investigation.
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October 20, 2019, 11:06:32 AM
 #216

According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.
Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.

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October 20, 2019, 04:26:18 PM
 #217

According the report in the article https://medium.com/@sherwin.dowlat/ico-quality-development-trading-e4fef28df04f more or less 81% ICO turned out scams. This is data from 2018 year but to be honest trend is predictable.
Higher percentage of ICO scam above 81% ICOs project listed or not on exchange market are scam, some ICO scam without listing with exchange market and woner have run away without give feed back for investor to get profit, almost ICOs project scam by listing with shit exchange and have lower price than ICOs. How long you hold ICOs coins price still down and never touch how price on ICO time.
this is so patheic, many ICOs (81%) scam make investor affraid of investing in ICOs anymore
it makes losing ICO fundrasing and make much money left crypto of course
i hope there is a better new fundraising in crypto, maybe such as an IEO


 
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October 20, 2019, 04:34:05 PM
 #218

Yes, the end of this end a lot of ICO ended scam. They organize them as mature as other ICOS. Finally, investors are now not interested in ICO.
They choose IEO which is in manage exchanger like binance which is arguably safe risk. It is true that Cryptocurecy creates a decentralized ecosystem but the reply is held by an irresponsible person that would harm.
It's good to prevent from being hit by a scammer.

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October 21, 2019, 03:18:42 AM
 #219

If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Of course, IEOs are trending now and comparing ICO to IEO, it is clear that the structure and mechanism of operation of IEO is far better than ICO because the token sales are hosted on an exchange platform. This grants the coin the opportunity to get listed on that exchange right after the token sales ends. However, this does not mean all IEOs are worth investing in. It is always good to go by the principle of performing ones own personal research on the IEO before investing.
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October 21, 2019, 05:38:29 AM
 #220

If you want more profitable investment, don't get into ICOs because they are dead now and the new trend is IEOs which are better than ICOs because they are efficient because they are already listed in an exchange and there is a bigger chance to make a profit in IEOs compare to ICOs because the hype is better as long as you join into big projects and not to those sketchy IEOs.
Of course, IEOs are trending now and comparing ICO to IEO, it is clear that the structure and mechanism of operation of IEO is far better than ICO because the token sales are hosted on an exchange platform. This grants the coin the opportunity to get listed on that exchange right after the token sales ends. However, this does not mean all IEOs are worth investing in. It is always good to go by the principle of performing ones own personal research on the IEO before investing.

I think not all IEO is better than ICO. In my opinion, everything depends on the project. There are several projects that still choose the ICO path and they succeed in achieving sales targets because investors believe in the team behind the project. IEO might be a good alternative but if we look at the current condition of IEO, many IEO prices fall after the initial listing

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