Post
Topic
Board Speculation (Altcoins)
Re: New Coins with huge ICO price
by
bitgolden
on 28/02/2019, 13:44:14 UTC
What is your take on new tokens with unnecessarily large ICO prices? Scam or Genuine?

With such prices, their ICO usually takes a lot of time and people still invest, is there a possibility of it being a good project because I just stumbled on one now with with current ICO price of $2.74 and they intend on increasing it in the future
I don't know what kind of ICO will charge up to $2 for making purchase of tokens, maybe they are doing it so that just small amount of persons will make purchase of the coins thereby driving the price up to 1000% profit. Though the reverse might be the case, how can i buy a coin that is not yet listed on exchange for $2 when i don't know what the worth would be once it hits the exchange, even ethereum was way cheaper.