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ICOs are a scam. In other news, that guy selling you the Brooklyn Bridge might not be legit.
by Analemma_ 9y ago
ICOs are a scam. In other news, that guy selling you the Brooklyn Bridge might not be legit.
- charlesdm 9y agoSome ICOs are a scam. Others are not. Some VCs are assholes and will, with bad intent, invest in a company. Others are not.
- genieyclo 9y agoCan you point me to one non-scam ICO (not Brave) and what investors gained from it?
- quickthrower2 9y agoBitcoin
- jjirsa 9y agoICO implies an initial offering Bitcoin had no ICO. There was no initial offering.
- theknarf 9y agoFilecoin seems to be from a reputable team.
- ngan 9y agoICOs, just like any other investment opportunities, need to be researched properly. Not all ICOs are scams, some are great ideas backed by a reputable team. Just gotta do your homework.
- bhouston 9y agoICOs are worse that over the counter penny stocks at this point being promoted by boiler room call centers. https://en.wikipedia.org/wiki/Boiler_room_(business) https://en.wikipedia.org/wiki/Boiler_room_(business) The ones that win are those who get the discount prior to ICO and then liquidate during the ICO for a main currency like bitcoin/Etherium. Which is nothing more than the standard boiler room scam, updated for 21 century technology.
- whataretensors 9y agoDon't write off an entire transformational technology because bad actors exist.