This is about Digital Currencies.
You all choose not to see the correct path / train of thought.
Simply because you want to profit off of them.

ICO's are a great way for the dev etc to snag a huge shitload of coins for themselves.
When they should not get any !

People we are not talking about paying a contract coder to create a software program for you.
We are talking about launching a currency ..and the launch fairness *is* the entire point !

It can not be a currency if the dev holds his hand out and says
i need $250,000.00 usd to create your new decentralized digital CURRENCY.

I have like 20 super long points why ICO's are BAD and i am always thinking of new ones.
But i don't think you guys care.
Think ?
I KNOW you don't !

Go out and research Pyramid / Ponzi schemes.. then come here.

No legit dev should have his hand out "crowd funding"
If you do not have the means to be coding the worlds internet currency
then you should NOT be doing it period .

Do not create a problem on purpose to sell me the solution.
We need a currency ? #6,000+ ?
Solution ? Your money invested into it ?

Has any ICO ever produced a viable currency that innovates over Bitcoin ?
NO ..not even close !
ALL OF THEM have been a pointless cash grab (not a currency) ICO scheme.

I think it hinges on how the starting coins came about.
The US Federal Reserve for example simply fabricates them on demand. (out of thin air)
They are not asking the public to pay them some other already dominating currency
to buy another newer currency.. that ACT alone makes them scammy !
AND no you can not try and wiggle around that.. it is how SCAMS WORK !

WHY ARE WE HERE ?
We all came here years ago to support BITCOIN.
Why ?
For the concept of an open source decentralized digital currency.
This needs to replace the FIAT money not be an add-on scheme to FIAT.
If we NEED fiat to buy say ETH tokens then it can NOT be a currency no matter how hard you try.

A digital currency has to REPLACE FIAT !
It can not if you NEED Fiat to get the damn ICO tokens
..use your brain people.
And if you are not making a currency then it's just a straight up Pyramid Scheme !

..dig deep people.
I want to see us all peer deep into this stuff and reach down for answers.
We got off track guys !
We came to support a decentralized open source digital currency
and what is the hottest "coin" in town ?

A "coin" that is..
- Centralized.
- Launched closed-source sometimes.
- Not a currency at all.
- Has no innovative / purpose
- A gimmick that is unused.
- Incomplete half-cooked concepts with bits of code / vaporware idea's
- ACTUALLY used for nothing but profit.

People we have failed the point in EVERY aspect possible.
100% Failure.
Bitcoin still reigns King and this will not be changing unless a real coin comes out to rival it.

And what do we see ?
ANOTHER coin.. 6,000 ANN topics here & climbing.
And we have another coin posted with what excuse now ?
It is STILL another coin.. #6,000
So you better have a good excuse.. what is it ?
Oh really ?
Did it already rival Bitcoin or will it ever ?
No, no and no.

Stop ignoring the context & reality of what ACTUALLY is happening here !
Trying to be idealistic about a method of scamming the ICO is a joke !
..don't even bother. Roll Eyes

Did Satoshi say hey give me 1 million dollars
and i will post a project scheme idea that is partially complete ?
BlockNET did with their ICO..
So what do you do when Satoshi decides hey ..know what ?
Fuck it you all already paid me so..screw it.. i am sick or broke my hand or hackers or was raped by a sasquatch or unicorns stole my shoes or BUGZ.. or dem IRC flalws attackin' ma coldz storage'z... Roll Eyes

Hey my ass is itchy.. sorry guys fuck you thanks for the MILLION dollars.
And yeah i know the hosting bill expired and the site is offline.
..i must have forgot to pay it.. as had happened not long with BlockNET 1 yr after the ICO

Know why i bring up the scammy train wreck called BlockNET so much ?
Because i kept saying THIS is the beginning if we don't stop this shit here and now
then it will only get worse.. and since ?
The ICO shit has exploded out of proportion as I PREDICTED !
Not only is launching an ICO scammy but they could not even add 1 innovation to Bitcoin with them !

I WAS HERE WHEN THE FIRST ONE LAUNCHED
and i recall how this whole forum flamed them to death 100%
..you all turned scammy asshole on me.

When i hear the word crowd-sale or crowd-funding or angel-investing or ICO or IPO or ITO
i want to fucking puke !
You people make me sick !

I have buried every ICO-term you all come up with so keep making up new ones.
I will make sure Earth know that no matter how many times they change names
it will always be known as...................... S C A M

This is not the stock exchange fuck your terminology and your white papers.
Using stock market jargon is grooming the crowd here into treating this as penny stocks for crypto.
But this is not the stock exchange so fuck you are scammy bullshit.

No ICO will ever get past me with out FUD unless i see people regularly getting
jail time for "insider trading".. until then you are all on my shitlist !