Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on December 02, 2018, 01:51:33 AM
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ICOs in 2017 seemed to faced less less challenges because the issue of scam and fake projects weren't on the peak as compared to this year, 2018. Lot of attention drew to cryptocurrency because of the bull market on December, 2017 and January, 2018 that thrilled the entire world. Fraudsters and scammers set in the scene to loot from investors by creating fake projects. Governments also set to ban lot of crypto activities because they fear the power it was giving to the people.
All these negative factors pushed away investors and potential investors because they feared to lose their investments.
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It seems like people were just throwing money at any old ICO last year and you barely even needed a website to be successful. I think this year people are much more choosy where they invest... so that's actually kind of a good thing.
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2018 is a year where many Ico are fake, but we must be sure that fraud will soon end if the legal entity has caught a group that has committed fraud, Ico in 2017 is very good because some of them have good ideas and real teams, hopefully fraud immediately gets a serious response from legal entities, because this includes online fraud and there will be many investors who lose
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ICO in 2017 is better than ICO in 2018. perhaps because of the global economic instability in 2018 which caused many failed ICOs or Scams, hopefully in 2019 the economic situation will improve so that ICOs who will launch their products can succeed.
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I agree with you that 2018 is a year of fraudulent Iсo, but I also saw a lot of good projects this year, many projects will be closed in 2019, since they could not attract more users, it seems to me that the advertising company should continue after the money collection attract more users..
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In 2017 the price always rises until the end of the year. In 2018 the price dropped from the beginning of the year to the end of the year. There is a very clear anomaly from the price trends that occur.