Quote from: o_e_l_e_o on August 14, 2018, 09:09:22 AM

Quote from: labake on August 14, 2018, 05:23:56 AM

Thats according to a report from Diar, which found that ICO exit scams have now cost investors nearly $100 million.

ICO exit scams have now cost ~~investors~~ idiots nearly $100 million. FTFY.

There is no shortage of scam ICOs because there is no shortage of idiots who are willing to send their money to obviously shady trash. People traded Bitconnect for months after it was blatantly obvious to everyone that it was a pyramid scheme. The majority of ICO threads on this forum have people pointing out their obvious flaws, followed by 100+ newbies ignoring these flaws and posting vacuous nonsense like "great project" and "to the moon". The majority of newbies have no idea what they are investing in, and don't bother to find out.

Until this stream of morons dries up, scam ICOs will continue.

That is true and it is either they will learn how to invest wisely or they would just put negative words into the market then put money into a scam again. I would highly recommend that they should learn the in and outs of the ICO s before they reinvest but knowing some of them they already put negative words into the market.