Do you think coins with IPO/premines will succeed and be popular/mainstream?

[benthach]

The facts: not one coin with IPO/premine has ever succeeded and all the most successful coins have all been without premine.

Do you think the coins created with premine and IPO, and even with innovations, have a future and the potential to achieve massive adoption and overtake Bitcoin?

none would adopt by the mainstream, when people think about crypto then bitcoin is the only one and will always stay this way even this scam crap etheorum think it is worth something by the insiders.

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[rokkyroad]

IPO/premines/instamines are all free money to a few.

People like throwing their money away in the hopes of making a quick buck. A few win but most lose and the cycle of "free money" continues.

Its like going to Staples(for example) and buying that hundred dollar extended warranty they push on you. Chances are you will never use it and if you do you will probably be denied. Its "free money". Everyone loves "free money".

[TPTB_need_war]

42 people voted 'Yes'   

No wonder the world is fucked.

[minus]

I don't think a ICO will takeover BTC. Currency is a network effects product and there will be one winner. I hope it is bitcoin. We need to move on from politics and learn to innovate as a community.

[smooth]

42 people voted 'Yes'   

No wonder the world is fucked.

There are huge markets for penny stocks, HYIPs, ponzies, lotteries, extended warranties, etc.

The idea that people want to give their money away should not be surprising.

EDIT: thanks rokkyroad for extended warranties. Added.

[TPTB_need_war]

Those who purchased Rimbit via Indiegogo should be demanding a refund from their credit card company now, because the campaign violated Indiegogo's Terms of Service on Prohibited Perks, thus the tokens will now be scorned and worthless.

This $151,806 loss for Indiegogo and huge number of chargebacks jeopardizing their merchant account relationship with the credit card companies, will hopefully incentivize Indiegogo to take legal action against Marcelo Karlsson. Hopefully they will also report him to the SEC so they can hopefully begin an investigation into the investments scams in crypto currency.

I have an inkling this smallish scam may be the one that ignites the fire that brings down the entire ICO altcoin ecosystem.

Edit: the SEC has recently warned about those who are getting involved in these crypto-currency scams and I hope Indiegogo takes the SEC warning seriously.