Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: lethal protocol on September 23, 2018, 02:42:30 PM
-
Hi, lads!
There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?
It will be interesting to hear your opinions.
Thanks, friends!
-
not all ico are scam and also not all ico is good. we must be able to choose ico well to get the legit ico. it is not an easy thing and we must study it well.
-
in my opinion it's not like you said, not all ico are scam and not 99%. but I agree if half of the ICO's existence is only to seek quick wealth for the founders and their team. this is a fact, because of that it must be wiser if you want to invest in an ICO project and of course you have to analyze and study it first.
-
The scammers can see the chance to gain much money. They choose a right time to trap people because the popularity of cryptocurency is rising. Then, the scammers become greedy and try to trap people with other ways. That makes many new scam ICOs. So, be careful of scammers.
-
99% is a radicals percentage , I don't think they represent 99%, Many ICOs are still legible .
many ICOs turn out to SCAM because there is no regulations in this market .
-
i dont think 99% ico are scam.a coin pumping after ico do not means its legit.some ico token or coin price dump 1st but after some month they grow and most ico is real.
-
Hi, lads!
There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?
It will be interesting to hear your opinions.
Thanks, friends!
SCAM 99 percent of all ICO - this is too exaggerated. I think, 60 percent, not more. Such a large number of fraudulent ICO projects are explained by the fact that all ICO have free access to the process, as well as the opportunity to collect millions of dollars during the ICO. In addition, in most states there is still no proper control over the ICO teams in order to exclude fraud on their part. After the ICO process is soon to be regulated by the relevant state authorities, the situation should change for the better.
-
Potouiu that many clutch at the idea, but they can not realize it, or they do not collect the softcap. In 2018, with this in general.
-
That's not true. There are some ICOs which can be scams but we can't say that all of them scams .
-
in my opinion it's not like you said, not all ico are scam and not 99%. but I agree if half of the ICO's existence is only to seek quick wealth for the founders and their team. this is a fact, because of that it must be wiser if you want to invest in an ICO project and of course you have to analyze and study it first.
I agree mate, It is not 99% ICOs scam.There is many good ICOs. We must be carreful to choose ICO. I think a half of ICO is good.
-
Because most of ico launching before the product ready, they only hope at market condition.
-
Where did you get such statistics? There are many positive and promising projects. Scammers are in any field. You can buy oranges from two sellers. One will sell rotten, the second will sell an excellent fruit. Why do not you worry about it?
-
These are incorrect figures, because the year 2018 has not yet ended and at the end of this year, many projects are planned to be launched, the ICO of which has already ended. There were many projects where weak teams turned out to be successful, but they did not mean that their ICO was fraud. Simply you need to carefully select projects before investing in it and become a member of the project community in which you invest, this will help the project to become more successful and bring you profit.
-
In fact, there are much more successful projects than it seems, especially those projects that this year held their ICO in only one year or several years will be able to prove themselves and will be spoken of as one of the most successful projects of 2018. Scams are many everywhere, not only in the crypto world, so choose ICO competently, read reviews of experts, look at ratings, this will help you.
-
For me, is about their selfdrops because they can earn easily and scam. But not all selfdrops are scam there are some legit. If i rate it, i guess 3 of selfdrops are legit and 7 selfdrops are scam.
-
ICO is great for developers who want to try the idea of their project, not all ICO projects are a scam, if you have multiple sources of ICO scam projects, you can provide information to all of us.
-
Could you please elaborate why it is 99% scam?
Maybe this is just your own opinion without any reference from base on studies.
-
99% is an overstatement of what is actually happening. But one cannot ignore the fact that these scammed projects are growing proportion as time goes by. To me scammed projects are largely due to the fact that some blockchain networks have made it easier for people to create their own coins without their having to bootstrap a blockchain network themselves.
-
hello friends i am very sad i have join a ico but that ico is fake and go fast doing scam 50 cr in this year so please be care full in this matter approx 99% ico totly fake In fact, there are much more successful projects than it seems, especially those projects that this year held their ICO in only one year or several years will be able to prove themselves and will be spoken of as one of the most successful projects of 2018. Scams are many everywhere, not only in the crypto world, so choose ICO competently, read reviews of experts, look at ratings, this will help you.
-
so many people want easy money to make ico and leave, but the problem now is the lack of preparation from a project that was created, they are also an innovative gap in creating products. many names and technologies are the same but actually it doesn't matter if they are serious about it. we can clearly see projects that are scam and serious
-
Some ico is scam because they want an easy money they offer good platform but in the end they just run away the money of many investors but there are few ico project is trusted and legit you must choose a good one to avoid scam.
-
I disagree, if you say that, ico 99% is a scam, because not all are ico (PENIPU), but I really agree, if you say it, that some ico sometimes (SCAM).
This year, GIFT HOLIDAYS, many are disappointed, because there are many cheats.
-
It because more people being greedy and want much money without hard work. They create fake ICO projects to earn instant money. The team photos may be taken randomly from various sources on the internet. I am afraid if no real punishment for the scammers, will be more and more scam ICOs next year.
-
Not 99% ICO scam, guys. Looks like you're a bit negative about ICO, right? I'm bounty hunter and very rarely do I encounter a scam project.
-
Talking about the scam ICO project in 2018, this is indeed getting a rating of almost 100%.
From a hundred of ICO project shared, 95% of them are scams and 5% from they will paid.
Why should there be a scam ICO project ?
Because since the cryptocurrency came out identified with the scams.
Every peoples from the smart community and even the newbie also join to make a project which look great project but actually that is scam project.
-
well for its not 99% scam. there some ico that still legit like twogap , icovo ,and digipharm they are my best choice today. if i will tell there will 70% scam and 30% legit ico today
-
I guess 99% is very bad rate for your own opinion. This is not reliable idea because it is very unrealistic rate that looks 1 out of 100 is the legit.
-
in my opinion most ico are scam because it may indeed be to commit fraud (not all that is like that). Then you can also fail because you did not reach sales or also failed to be registered in the exchange. but many also have good projects and not scams like hydro, amo, darico and many more
-
not all ICOs are scams and not all ICOs are good, we must be able to choose a good ICO to get a profit. it's not easy to learn and understand the ICO in the future
-
Hi, lads!
There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?
It will be interesting to hear your opinions.
Thanks, friends!
I wonder where did you get that info about 99% of ico's are scam? If I'm not mistaken only 90% of the ICO's are scam, so there only 10% legit ico on the crypto world.
-
I don't think the number percent is 99%, but more than 80% not successful not always scam but they not reached softcap then giveback investor money. It maybe happen because bad speculator about ICO
-
It seems that this will go up until a certain regulation of cryptocurrencies, which is the project scam which one of which is really promising whether or not the market players are not interested at the moment, so this is the reason that the crypto communities, is it ironic, but unfortantly it is true..
-
Where did you get such statistics? There are many positive and promising projects. Scammers are in any field. You can buy oranges from two sellers. One will sell rotten, the second will sell an excellent fruit. Why do not you worry about it?
Absolutely agree with you, there are hundreds of examples of such examples, and here you just need to be considerate, as in all other everyday issues that we face every day. When choosing a used car, you need to check it, examine the service book, do a technical inspection and only then purchase it, just enter the ICO selection.
-
Not that much. I think 99% is too much, maybe you mean airdrops. LOL. In my opinion, most of them is not scam but failed ICOs. Too many projects trying to get investors so some of them didn't get their minimum caps. Some projects postponed to wait for a better time to launch their ICO.
-
99% it is too big guys.
I think ICO in this year half is fail and half is success
-
It is enough to look at the situation on the market and much will immediately become clear ... Most of the projects are built on the Ethereum platform, and after the last coin falls, the projects do not look promising and investors have become more selective, so very often the ICO does not even collect softcap.
-
99% is a radicals percentage , I don't think they represent 99%, Many ICOs are still legible .
many ICOs turn out to SCAM because there is no regulations in this market .
You don't understand what do you mean Scam? This is a project created only to raise money and Rob their depositors, without the possibility of a refund. If the ICO has not collected SoftCap and returned the funds. Or the coins went on the exchange, and its price is much lower than on the ICO. In the end, it is difficult to survive even in the case of the finished product. This does not mean that the project is fraudulent. 99 % is, of course, wrong statistics.
-
not all ICO are scam, you just need to review some project before you conclude on something. Some of ICO project didnt get succeed because of problem, but not all of them are scams
-
Lots of ICO are so good from the start but in the end it will gone so i do believe that lots of ICO are scam cos until now i dont recieve any reward from this forum but i keep on pushing cos i know one day a good fruit falls down from my hand so i keep on waiting for this time...
-
Maximum bounty campaign is not scam but not good because they are not able to pay payments due to ico failure. If they could not reach soft cap and hard cap, how can they pay payment..
-
Hi, lads!
There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?
It will be interesting to hear your opinions.
Thanks, friends!
Hello! To evaluate any ICO project, you need to focus on four components
Team-team;
Tech-technology;
Theme-concept;
Token is the legal status of the crypto assets being sold.
-
I don't think the percentage of scam ICOs is around 99%, it should be less than the number. For me, the percentage of good ICOs may be more than 30%. There are still many good or trusted ICOs If you can choose the ICOs correctly. The main point is we must be more selective in selecting an ICO.
-
because many companies today just want to raise money and everything, they do not think about the development of their project, but there are good projects that are trying to change the world for the better. Here is an example of @swachhcoin. The project will pay people for their trash. At the moment there is a 10% bonus, you can buy coins by the end of October. I advise you to see the project.
-
As I think in the present Lot of people are tryng to find money with wrong ways..As I result of these Some scammers published some ICOs to cheat with investors and to collect investors money.That's the reason Lot of ICO are to be scams.
-
where did you get such data? there are numerous fine and promising initiatives. Scammers are in any subject. you could buy oranges from two sellers. One will promote rotten, the second will promote an excellent fruit. Why do no longer you worry approximately it.
-
Many projects that go to the ICO do not carry any serious idea that could really be realized. Developers just want to quickly collect the right amount of money and pretend that they are developing something or working on something. Very few bona fide and worthy of attention projects.
-
They choose a right time to trap people because the popularity of cryptocurency is rising. Then, the scammers become greedy and try to trap people with other ways. That makes many new scam ICOs.
-
I don't agree with you mate. Yes there are many scam ICO but not 99% . You can say 20%-25% but 99% isn't possible. That's why you have to read whitepaper , roadmap and see the Linkedin profile of the project manager to make sure that the ICO is scam or not.
-
Saying 99 percent of ICO is a scam is not already proven . There are a lot of competitors coming in and one factor why some legit ICO's didn't success is because of people are a little bit confused where to invest or should I say there is not enough law in entering in ICO so tha'ts why scammers and legit ICO's became competitors . If maybe there is a law in running ICO's there will be less ICO and we can avoid to scam ICO's..
-
Hi, lads!
There are many ICOs ongoing at present but in 2018 a lot of them is a SCAM. Why does this happen?
It will be interesting to hear your opinions.
Thanks, friends!
Where did you get this "99%"?
I think its not 99% many bounty hunters get paid and their token get pump so its not 99
-
many things that cause the project to become a scam or fail, I'm here saying failure and scam are the same.
project failed or scam because 2 things from the project were not fulfilled, such as cryptoekonomic, utility and security.
for example, security, the point is the security of the project, is the project proven safe or not?
-
I don't agree on your thoughts that 99% of ICO are scam. There are still lot of project that succeed in 2018. Pls bear in mind, that most of the project are legit but was failed to raise enough funds to continue.
-
maybe because there are so many who make ICOs but team yes is not very supportive and can be because the projects they develop are not very useful and don't have very high demand.
-
before we join the ICO we have to research and understand it first because choosing ICO is not as easy as we imagined, nowadays many ICOs are scams and many are good ICOs
-
in order to benefit from the ICO, we must be able to choose a good ICO because today many ICOs are scam, not all ICOs are successful and also who fail to prevent it, we have to research and understand it first
-
Where did you get that 99% of ICO's are scam ? So only 1% of ICO's are legit ? I think that's info is wrong Op, maybe 90%.
-
It is true that there are now many ICOs that are Scam. But I doubt it's up to 99%. if 99% this means all ICOs are Scams. I think there are still many good ICOs, it's just that we have to be good at choosing them.
-
Only few of ICO's are legit, that's why I've very disappointed about what happen to the crypto world today, We have to extra careful when joining in any projects.
-
99% is just too high.
Did you include failed ICOs as scam?
Any source that you can provide to support this claim or you just pulled it out from thin air?
-
Looks like majority from the replies do not agree with your 99% figure and you cannot even provide any data where you got it from. Let's not invent numbers here please.
-
Indeed, there are some who are scam but not that many in number. The project is sometimes used by people who want to commit fraud by utilizing ICO as their medium. Because the ICO whose sales reach the soft stamp target can also be a scam. Because the funds were taken away by the developer. Hopefully we avoid scam projects when participating in the ICO or bounty.
-
many factors cause ico scam, ranging from sales and the failure of the initial indeed intend to scam. but I do not agree 99% ico ico, there are many scam that promises, maybe you should choose carefully so as not to exposed the scam ico.
-
Whether the rate is an exaggerated figure or not, the reality is that the scam ICOs are way more than the legit ones. In my opinion, this may be due to the unregulated nature of the crypto world. Thus, everyone can do whatever he or she likes.
-
How do you can rate it and say only 1% of the project is potential? Do you assess and make the percentage of the ICOs project that you join end in a scam?. I see many ICOs projects that are successful in the market with their development of projects or good company portfolios. Maybe you should analyze the fundamentals of the ICOs project that you joined, one of them is the legal status and their product.
-
It is easy to make money over ICO. If you want to raise money for your startup, you should be looking for a good investor or a couple of them to make good money and blow life to your ideas.
Now, instead of searching for 1-3 people to invest money in your product, you can ask for too many people to invest in small amounts to your idea. This is a better way.
Now, so many people see this opportunity and they are raising money and go away since there are no any regulations on this area.
-
Because many people can create their own ICO project so easily. Many ICO project this year just pop up like mushroom without any information background on it. And many of this scam ICO are doing by only the same people who are creating scam ICO. I hope this will be change next year so I can invest again in any ICO that have high rate of profit.