Post
Topic
Board Altcoin Discussion
Re: I F***ING HATE THE ICO MODEL
by
happyme1818
on 25/10/2018, 15:22:57 UTC
People wonder why ICOs aren't anymore successful in 2018.

Before you get in, they promise the world.

After you buy, the whales who got in cheap dump, you find yourself at a loss, devs and mods start treating investors like shit saying things like "this is a long term project" and "we have no obligations for ICO particpants" "lrn the difference between investors and speculators", "community", "please don't talk about the token price", "greedy speculators"; etc.

Honestly - fuck this.
Not even 1% of the coming ICO is worth considering.

Looking back at 2017, there were so much rubbish and projects which never delivered ANYTHING and still racked millions with just a smart contract and a whitepaper that it is revolting.

Time for a change, the ICO model is done for.
If that is your perception, you should avoid investing in an ICO projects and focus in Bitcoin. I agree that majority of ICO are not good investment but we should also credit those potential one that is hardly working on their project to become a success.