Post
Topic
Board Bitcoin Discussion
Re: Factom - crowdsales are bullshit
by
Denker
on 07/10/2016, 08:56:15 UTC
There's a lot of people that thinks all ICO's are scams, like Ponzis, nigerian prince and others examples...

People are buying "nothing" for a estabilished price Wink

What's your point of view about it?

Imo this is true.
You just have to take a look on the past ICOs. The ones who have benefit are the founders and whales who supported that project for a nice ROI!The majority always will lose!
This is the reason why I never invested in such ICOs.Hidden arrangements, premining, pump & dump groups etc...