Quote from: fryger on May 28, 2017, 09:55:57 AM

Why avoid ICOs? They provide great opportunities for quick multiplication of your investment? Golem gave it's initial holders X50 return and their project seems to going well. Gnosis seems to be doing good too. They look no more fishy to me than any other regular alt coin.

Wrong and a totally strange statement when some alts have a provably fair and wide initial distribution.

These were sold out more than likely to themselves and insiders in just a few moments. The distribution would look horrible if you could see if for how it really is.
These are being manipulated up by selling to themselves over and over whilst sucking in money from noobs on the way up.

The people making x50 are the whales and insiders who bought it all.

Yes a few lucky people will get in and out but what a risky situation.

Insta icos make instamines and premines look innocent and harmless.

It is the new insta enrichment scheme for insiders.

Looks like a few more of these decentralised super computer projects all pulled the same scam.