Quote from: pooya87 on June 07, 2018, 04:35:36 AM

the problem started the day we started investing in ICOs because we wanted to become rich. they create a small group of people, mainly in their basement and call that a "company" and then ask for money to solve problems that do not actually exist! then after they receive the money they stop doing anything and move on to creating the next token.

I think a lot of the ICO investment volume is fake, teams just put their own money (perhaps obtained from previous ICO scams) to instigate confidence and FOMO. If more people will realize that no one is actually investing in ICO's, the bubble would quickly burst.

Quote from: mu_enrico on June 07, 2018, 05:11:19 AM

Yeah, I know the majority of tokens seem don't make any sense. They promise blockchain based AI, VR, and automated stuff that if we really dig deeper, it's just a scam. I wonder how are these newbies fall into an obvious trap.

Those are pretty obvious scams, but I think even popular tokens like EOS and TRON are some sort of scam too, on paper they kinda make sense, but I don't see them successfully competing with Bitcoin or even Ethereum, and most likely they will just die in a few years.