ICO and scammers

[canovan25]

I think this is what makes the name cryptocurrency worse because many projects are scams and many developers are playing with the name cryptocurrency for their crimes so that a very bad impact occurs.

No-no-no. If you create dont legalize stablecoin - you make a surrogate money. Its a crime. And you have chance to go the jail. It does not matter - you make a good coin or a scammers project - go to jail. And this facts are sad.

[Palider]

If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?

I tell you what to do here. I see you are a junior member, then you try to build your account to at least senior member. At this level, you know if you are genuine, you can get people to believe you here and you can introduce what you have, although amidst skepticism.

Being a Senior member can also help build trust, but the focus of this project is on whether or not it can be trusted by investors.

And to build trust you have to have a unique project idea or product that can contribute significantly to crypto currency. So start your project today so you can build trust with investors. Make your telegram group now or if you have a friend in another country you can trust, you can contact him or her to be your representative and partner in your project.

[canovan25]

If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?

I tell you what to do here. I see you are a junior member, then you try to build your account to at least senior member. At this level, you know if you are genuine, you can get people to believe you here and you can introduce what you have, although amidst skepticism.

Being a Senior member can also help build trust, but the focus of this project is on whether or not it can be trusted by investors.

And to build trust you have to have a unique project idea or product that can contribute significantly to crypto currency. So start your project today so you can build trust with investors. Make your telegram group now or if you have a friend in another country you can trust, you can contact him or her to be your representative and partner in your project.

Group in telegram - its good. But who will read posts in this group? I speak only in russian/ukrainian. But people, who speak in this language too, dont think about future in cryptoworld. Who know only about increase they capital. You know about fact, IEO in Binance - 100% good project? And people in russian tree wish a create budget (400 BTC) and cryptocoin and pay to listing in Binance. Without idea, without team, maybe without a brain... Only for increase  capital...

[slaman29]

But for creating good coin need time and scilled labor => money. I talked with 10-15 teams, who have a cryptocoin and they talked me, what coin costed 5-10-15K usd only. But yet need mining pool, e-wallet and other tools for using. And for this target I want create ICO.

Really? Did satoshi need money to create the best coin in the world?

Skilled labor doesn't always need to be paid for, which is the main difference with coins these days. In the old days people used to passionately create their own things and build their own products with their own hands.

Today? Hire Fiverr developers.

[riso2015]

it's arguably very complicated, but in the ICO Project you have to use your real name, original photo and everything if you can't do that means you are scammers, and it's better not to just follow it better than you are imprisoned, I am very respectful of you about your interest in cryptocurrency

Of course, if you want to create an ICO project then you have to enter your original data, original photos etc. Now what the scammers do is they are falsifying data so that it makes the name Crypto being bad in the eyes of investors.

[canovan25]

But for creating good coin need time and scilled labor => money. I talked with 10-15 teams, who have a cryptocoin and they talked me, what coin costed 5-10-15K usd only. But yet need mining pool, e-wallet and other tools for using. And for this target I want create ICO.

Really? Did satoshi need money to create the best coin in the world?

Skilled labor doesn't always need to be paid for, which is the main difference with coins these days. In the old days people used to passionately create their own things and build their own products with their own hands.

Today? Hire Fiverr developers.

If you a programmer - okey, without problem. But if you are economist or physicist - oh...
I dont know about Hire Fiverr developers... Please, send link information about this people.

[canovan25]

Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?

This year is not like 2017, in 2017 projects are very beneficial for all of us even though there are in countries that do not agree with the crypto, but now if you have the intention to launch an ICO, you better think again, because now there are many projects that unclear and failed, I think with an event like this crypto must think hard to restore everything like 2017.

But Im not want seat in jail... I think about idea for will writing email for waves/ethereum foundadion, but in habrahabr (big russian platform for IT people) i read about projects, who receive a support. They has a good team and technical idea in blockchain industry. But I have idea only in monetary sphere and I dont know, they interesting this or no... And this facts are sad.

[canovan25]

It is very difficult and complicated to find the solution because if it reveals your identity will be imprisoned, otherwise it considers the fraudsters, better the solution of moving the country alone, or join with your friends in a country that is legal crypto. A solid team form of different countries is not banned crypto.

but I dont know about countries, who exist withous AML. Algorithmic stablecoin are legal? No, I whink otherwise. Okey, fiat-backed cryptocurrency and AML practise in project - key for legalizy. But without AML, without fiat-backed, really? SEC dont like this. This coin maybe digital obligation in her eyes...

[mirgo1791]

investors work on chance as the supports on confirmation gives with one to put on exchange as referring resource on request with the number on returns as the plan run with customs as the casuals on entrance as investors work on attains to manage with distinctive on personality.

[erickastella]

not all ICOs are scams, there are also many very good ICOs, therefore we must be able to observe whether it is a scam or not by looking at the whitepaper, roadmap, and also the team that handles the project if we see from 3 above the origin of origin then it is at make sure scam.

[tiang_tower]

investors work on chance as the supports on confirmation gives with one to put on exchange as referring resource on request with the number on returns as the plan run with customs as the casuals on entrance as investors work on attains to manage with distinctive on personality.

Investors work their own analysis, not by chance, because investors are also afraid of losing money if they invest in unclear projects, even though each project has a good plan, but an in-depth analysis is needed for all of us.

[doomistake]

There is no hard and fast rule to pronounce an ICO as good or bad. It's the experience of the users that tells them if an ICO can be a good ICO or a bad ICO! However, in money matters, it is very important to know the details of the project owner. If we categorize few important factors for a good or bad ICO, owner and team identification will definitely come within the first 3 parameters!

In you case, I would rather suggest you not to launch an ICO itself. Because if you don't identify yourself, your project will be scrapped after the launch. And if you do, you may go to jail! If you think that your ideas are great, go to angel investors and pitch your idea! That would help you to start your business!

I agree.

You have to be a professional good looking person that have the talents to make a good ICO, it is hard to convince people to support your project, therefore you are going to need a team which you could rely on to launch a successful project. Funds, a huge funds is needed also to prepare your main dish (your ICO) the more big it is, the more funds you are going to need.

But be careful on recruiting people that will be a part of your team, run a personal background first before putting them on action, you might not want to bump on a scammer member of you team.

[cichaescut]

You cannot judge ICO and identify its legitimacy within a few minutes. It is a long and hard process of reading whitepaper, checking team members, product development level, communities and so on. And for everyone one thing is much more important than another.

[henmark]

Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?

There are several ways that team and developers do scam people, scamming now has taken so different turn that they will not just come on ico and raise money, and then delete all their accounts, these are no longer effective because even people watch carefully now to be sure that they participate in a project where the team has shown itself to the world, but in showing self to the world, they still have a way to exit the market which I think it is still the easiest to scam.

All they need to do is to create a very bad product to announce to people, when they create a bad product, they wait for it to have a very bad effect on the market, and they gradually die down slowly until we no longer have any interest in it which will make it to die off the market completely and make people blame them on bad projects.

[adzino]

It is really hard to understand what you are trying to say. Not even sure if you are talking about your country laws or you are talking about ICO scammers? Are you trying to say ICO scammers get 5 years of prison time in your country? Well, I don't think those scammers actually get caught. They remain completely anonymous. They raise money using crypto currencies which becomes really hard to trace them!

[canovan25]

It is really hard to understand what you are trying to say. Not even sure if you are talking about your country laws or you are talking about ICO scammers? Are you trying to say ICO scammers get 5 years of prison time in your country? Well, I don't think those scammers actually get caught. They remain completely anonymous. They raise money using crypto currencies which becomes really hard to trace them!

No, creating cryptocurrency = creating surrogate money. Its a hard crime. Scammers its a second theme. And if you create a scam ICO, you dont will go to the prison in my country

[Utoy101]

Sometimes I see rules for staring "good" ICO and one of all paragraph - deanon of creators. But exist countries, in which crypticurrency has been banned and creators have a chance go to jail to 5+ years (examle, Ukraine (if project have a anonymous coin transfer/stablecoins)). If I dont write about myself, I am a scammer (thinked users of bitcointalk). If I write - Im will a convict. What to do?

To be honest,  i find it hard to comprehend your post maybe due to the fact that it's a translated writeup.  But from all i could gather, you are talking about the risk of being involve in cryptocurrency if you are from a country which the activities of cryptocurrency is strictly ban.

Some countries frown sternly at cryptocurrency because of it's high speculative and volatility features. Some group of people sees it as a way of preventing citizen from loosing hard earned money while some group of people think its a way of having full control over the financial activity of citizens.

Either way,  with the lot of scam activities recorded by cryptocurrency ico's. You wouldn't blame such Governments from imprisoning people involve in orchestrating such scam icos.

[Classica35]

Is there anything like good ICO? Although, I am guilty of this, because I have also said it, but I later realise that, all ICO projects are expecting the same outcome, but are using different methods to get he outcome. Also, scammers have used the ground of ICO to get most of their schemes actualized, but not again through it.

[livingfree]

I'm having difficulty understanding the thought of your sentences but as you mentioned about conviction and jail. I guess this relates to the scam ICOs since you've mentioned it as well. What do you plan to do? making an ICO?

And if you create a scam ICO, you dont will go to the prison in my country

You should include on which country you reside.

[canovan25]

I'm having difficulty understanding the thought of your sentences but as you mentioned about conviction and jail. I guess this relates to the scam ICOs since you've mentioned it as well. What do you plan to do? making an ICO?

And if you create a scam ICO, you dont will go to the prison in my country

You should include on which country you reside.

Maybe yes, maybe no. I dont need a money, but programmers, who doing a smart-contract or cryptocurrency - need money. Im student and dont have 5-10k for his. Now Im talking in russian tree about my idea and think about search investor.