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Author Topic: ICO SCAM  (Read 2103 times)
GreenStox
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May 06, 2020, 07:23:56 PM
 #81

the only way is for you to do your own research because people can give advice without knowing the truth of the information they provide.
if not you follow IEO or ICO which has a lot of devotees.

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May 07, 2020, 03:51:41 AM
 #82

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



You cannot avoid scam ICO, it is always exist in crypto world.
But you can do your own research before you investing on ICO to leave the scam ICO.
Honestly, i haven't see any good ICO nowadays, just waiting to see some good projects in crypto.

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May 07, 2020, 03:56:00 AM
 #83


To avoid investing in fraudulent ICO projects, you must do research on the project development team, so that every good ICO must have experts and professionals who have experience in the crypto and blockchain world. Each legitimate ICO project also contains a complete Whitepaper.

There is a very useful post that talks about the details of detecting fraudulent currency projects,You can view it here:



research is indeed needed. however, what remains of ICO at this time? people are currently focused on IEO, and its potential is better. however, it is very difficult to choose an ICO that really works well now, even when you are doing research. from year to year, the potential of ICO has begun to sink, and we even know that if a developer is serious about developing a project, then he will choose IEO over ICO.
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May 07, 2020, 04:10:01 AM
 #84

ICO scams has reduced at least to the knowledge that I know unlike some years back. The people that are getting scammed now are those who don't do enough research or fall for cheap lies of high ROI.
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May 07, 2020, 06:11:30 AM
 #85

For my perspective all ICO are scam these day. I have a big doubt on ICO now. Well if you want get profit you should try IEO. It is less get scam and pick best exchange like binance. It is way better to play safe rather than try some luck on ico.

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May 07, 2020, 06:32:29 AM
 #86

Many ICO websites have raised a good amount of funds and decided to go scam on the last minute, it's such a shame.
most ICOs are scams now, I suggest this if you don't want to scam, take IEO, but there are purchase restrictions and you have to compete with others to get it, for example in Binance and Poloniex, IEO is sold out quickly there

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May 07, 2020, 07:19:16 AM
 #87

Hi, guys, I want to ask how do I avoid ICO scams...
You really want to avoid being scammed?then better get out of ICO because there are only once in a hundred that legit and finding them are really a hard task.
Are there any good ICO's left? or is the market flooded with bullshit coins?


Why need to invest in ICo when you can goodly risk your money in existing currencies that has legit value?Buy in exchange and stop giving money to scammers.
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May 07, 2020, 08:19:01 AM
 #88

Many ICO websites have raised a good amount of funds and decided to go scam on the last minute, it's such a shame.
most ICOs are scams now, I suggest this if you don't want to scam, take IEO, but there are purchase restrictions and you have to compete with others to get it, for example in Binance and Poloniex, IEO is sold out quickly there
There are some ICOs that are not scams and are very successful. But Yah, I totally agree with the fact that most ICOs are fraudulent when they have sold a large number of tokens they created. And the risk of investing in an ICO is very high now. So it's not worth trying!
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May 07, 2020, 09:39:26 AM
 #89

ICO? There are only few projects who are doing ICO nowadays as we all know IEO is the new trend however even though they are being listed to known exchange still you will never know which is legit or not, if a project will be in P2PB2B IEO, even though that project is promising, there is no need to invest, that exchange is an IEO killer
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May 07, 2020, 09:51:12 AM
 #90

Many ICO websites have raised a good amount of funds and decided to go scam on the last minute, it's such a shame.
most ICOs are scams now, I suggest this if you don't want to scam, take IEO, but there are purchase restrictions and you have to compete with others to get it, for example in Binance and Poloniex, IEO is sold out quickly there
I am a little confused about IEO in poloniex, there are many people complaining that this is a fake game. A lot of people have complained that they cannot participate in this IEO and it was sold out quickly. It is better for us to choose bigger exchanges like Binance, MXC.com ...

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May 07, 2020, 10:11:13 AM
 #91

Hi, guys, I want to ask how do I avoid ICO scams...

Are there any good ICO's left? or is the market flooded with bullshit coins?



Follow that for make it sure friend. The era is sophisticated and there are many references you get. for ICO it is possible there are still pure and good ones but need sharp analysis in reading opportunities.

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May 07, 2020, 12:37:11 PM
 #92

Why need to invest in ICo when you can goodly risk your money in existing currencies that has legit value?Buy in exchange and stop giving money to scammers.

There are many things, why member trying to join in IEO or ICO. One of that reason is a bonus offer for ICO/IEO participants. They are thinking if join in ICO/IEO get 20% bonuses, coin or token price going up 20%, they will get lots of profit because of this. It will different if they are buying current existing coins/token, when price increases 20%, since no bonus for buying, they are just getting 20% profits. People want to be a millionaire very fast, but they are do not really know how play safe in invest or trade crypto. This is just one example, another condition, of course, will be happening that making a member join in ICO/IEO. I don't say all of the ICO/IEO project will become a scammer, but sometimes member just looking for a huge profit before considering the risk behind.

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May 07, 2020, 12:49:48 PM
 #93

if you want to invest and you don't want to lose or follow an ico scam.
try to find projects that do IEO on big scholarships, such as binance, huobi, bithumb and others.
because there will not be accepted bad projects / scams.

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May 07, 2020, 12:54:27 PM
 #94

You should join IEO right now and never chance making profits ICO because there was left long term over. After all don't accept investing in a project without analysis even otherwise you can participate IEO in binance exchange.
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May 07, 2020, 01:00:16 PM
 #95

https://coingeek.com/craig-wright-isnt-impressed-with-binance-smart-chain-heres-why/

Exchanges love any ICO to grab your money ...

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May 07, 2020, 01:07:40 PM
 #96

Now there are a lot of unclear ICOS and all the projects that are running are not in accordance with what we expect, but we as a bounty hunter always try to find a good ICO project at the Bounty Altcoin and there is also what we can rely on we can follow even though the results we get are not as we expect but we must keep trying to get a gift from their project.

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May 07, 2020, 01:10:33 PM
 #97

I am a little confused about IEO in poloniex, there are many people complaining that this is a fake game. A lot of people have complained that they cannot participate in this IEO and it was sold out quickly. It is better for us to choose bigger exchanges like Binance, MXC.com ...
Every big IEO exchange really works like that. Maybe they dont run yet lottery like other exchanges. How come MXC becomes a big exchange? As far as I know this is not good exchange too. I just realized that they conducted IEO when just project has been launched. Poloniex is an old exchange even though they are just new to IEO and this is their first time, I know that  they still have a lots of investors and traders that will joined even their upcoming IEOs.

For OP, I dont know if ICOs still working anymore cause most project prefer IEO now, cause the investors does not really have any interest due to lots of scams happened in the past.

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May 07, 2020, 01:14:26 PM
 #98

It is dififcult to determine if that ICO is a scam especially if you are new in crypto world. If you like to invest to make some money you better to invest in the old coins or in the top coins. Avoid invest ICOs so you will not losing money.
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May 07, 2020, 01:27:40 PM
 #99

For my perspective all ICO are scam these day. I have a big doubt on ICO now. Well if you want get profit you should try IEO. It is less get scam and pick best exchange like binance. It is way better to play safe rather than try some luck on ico.
True, playing it safe is much better than trying luck that is uncertain, because what has been seen is that the average IEO held in a large or top stock exchange can benefit everyone, so in this case it is very clear that IEO at this time is far better than ICO.
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May 07, 2020, 02:18:57 PM
 #100

It is really tough to see a good ico these days as the existing ico projects which launched during 2018  are finding it tough to get through the ever lasting crypto winter but there are some genuine projects if you research carefully.

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