Quote from: DPrillio on February 14, 2018, 02:13:21 PM

Quote from: fredo123 on February 14, 2018, 01:40:59 PM

Quote from: congresowoman on February 14, 2018, 01:07:22 PM

Quote from: DikkieD on February 14, 2018, 10:29:26 AM

I decided to quit ICO's. From December till now I invested about 5 eth into several ICO's. Invest what you can miss, this is what was able to miss.

most is sold in pre-sale to big investors, leaving scraps for crowdsale
much attention to marketing, less to working product or realistic time lines
immediately available on EtherDelta and IDEX, sure sign of little interest in token economics/future
no lock on pre-sale tokens, whales take their x2, x3 or x-whatever as soon as possible (I would probably have done the same). Prices drop to below ICO price.
too many ICO's without distinctive differences.
too many ICO's in general
too much tokens reserved for team/marketing
many ICO's don't even have a crowdsale anymore (which perhaps is a good thing as the little investors are protected this way)
ICO prizes are quite high. 1eth = 1000/4000 tokens is pretty common, but with a hc of 40 million, this will not easily go x10 or more.

Your obervation have shown that many ICO nowadays are carbon copies of previous ICO of a diffent company. There are some investors that have been discouraged because of the effects of dumpers in etherdelta which put the coin in underperformance status. Many who gets the coin are bounty hunters willing to dump the moment token get into their wallet.
Some tip to give you is that before you invest try looking for a unique ICO, an ico which dont have a resemblance to others. And do some research first. 5 ETH is big money bro.
This crypto business is a lot of trial and error but the good thingt is that we learn along the way.

ICO's attracts many scammers who can simply create a bogus whitepaper and make off with a lot of money . Some developers also purposefully omit certain important details from their whitepaper to make their projects look more appealing than they actually are. The biggest consequence of all these scams is the decreased faith of the public in blockchain technology which can potential spell absolute disaster.

Yes, scams are everywhere and much more on the online community and it is not new to me that there are ICO's that they consider it scam but i don't believe on it, just maybe there are some ICO that are not successful so the distribution of bounty is very delayed. As for me i will never quit as being a bounty hunter because there are so many times that my reward is helping me a lot in my financial struggles.

You should not just focusing on the bounty for setting and indication if a project is scam or not because even they do distributed but you cant able to figure it out on the earliest stage on a project which do really only aim for pump and dump scheme which we would only realize in the end and its too late to react which it do really leads up on losing up money as an investor. We should make our own assignment on selecting which one is the best.