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The Crazy World of ICOs: 200,000 CNY to 6 Million CNY in 2 Years

“I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”

Liu, born in the ‘90s, is a non IT engineer who doesn’t have any knowledge about code and blockchain.  He started investing in ICOs in 2015. His total assets has increased from 200,000 yuan to 6 million yuan.

It is 30 times more than his initial investment.

There are many surprising stories of overnight millionaires in the world of ICO tokens.

What is an ICO?

The term ICO, or initial coin offering, is created to describe a means of crowdfunding the release of a new cryptocurrency. Some prefer to interpret it as initial crypto—token offerings to differentiate the term IPO. As Wikipedia notes that:

“Unlike an initial public offering (IPO), acquisition of the tokens does not grant ownership in the company developing the new cryptocurrency. And unlike an IPO, there is little or no government regulation of an ICO.”

ICOs are often seen as a quick way to help tech startups raise capital without all of the necessary requirements that would come with an initial public offering in stocks.

For example, Quantum, an Ethereum-based liquidity pool, made history in China and raised $4.12 million.

Liu bought some Quantum tokens and earned 40 times more than his investment.

“It’s not about me being smart or visionary. I’m just lucky to follow the right person,” said Liu.

The right person he is talking about is Li Xiaolai, a Chinese bitcoin multimillionaire who set up a VC fund to invest in profitable blockchain startups.

In 2015, Li Xiaolai started a member-only group to help bitcoin newbies. Liu paid the membership fee and began to learn everything about cryptocurrencies.

At the end of 2015, Liu spent all of his savings and bought 40 bitcoins with the price of 2700 yuan per btc.

In 2016, he learned how ICO works in the group and invested 5 ICO projects, among which Gongxinhao-a blockchain-based platform-added 2 million yuan to his account.

If 2016 is the year of blockchain technology, then we could say 2017 is the year of ICOS. But will the ICO market keep its momentum?

Developers of Quantum explained that:

“ICOs are an evolution of crowdfunding helping to finance the emergence of blockchain startups. Now it remains contentious whether ICOS should come under the oversight and regulation of CSRC, China Securities Regulatory Commission. I guess there will be regulations.”

Just like angel investment, it is full of uncertainties when it comes to ICO tokens. Is the project a scam? Will it be successfully launched? Will the team of the project abscond with the money?

Deng Di, president of China Blockchain Research Center, warned that:

“ICOs are highly risky. For one thing, common investors are not able to judge if it is a scam. For the other, the development team can always break their promises without a legal binding contract with sufficient investors protections. I wouldn’t recommend beginners to jump in.”

For Liu, however, he believes that regulation is not a real problem.

“Bitcoin is not something that governments can ban. They can only obstruct it from being widely accepted as a means of payment. But they will not be able to kill it. The only challenge facing btc is its own civil war, whether it can overcome problems in the course of evolution. The PBOC denies it as a currency, but it never says one cannot use it to do transactions.”

As of today, Liu has not exchanged his tokens into fiat money.

“I’d love to buy a Tesla, I love Elon Musk. But I don’t even have a driver’s license. Buy a house? The housing price in Wuhan is now 20,000 yuan per square metre. I believe bitcoin is more likely to rise from 20,000 yuan to 100,000 yuan than the housing price. I’ll keep them in my wallet.”

Liu says that he hasn’t invested in ICOS for a while, partly for there are few projects that have possible future payoff. He is studying on several startups now, but is very prudent to finance them.

“Tokens or stocks, just make sure you invest in valuable assets. There are lots of analysts and experts in the market, but they are not always right, you have to improve your personal judgement.”

Now Liu quit his job and is looking for a position in the blockchain industry.

“Honestly, I feel anxious and stressed to be rich. Now I just want to obtain a sense of achievement in my next job.”

PS: At the time of writing, Huang Tianwei, CEO of btc38, posted an article claiming officials at the PBOC have asked them to submit a report on the status of the ICO market. Plus, he predicted that regulations on ICOs will be issued in the coming months. But he deleted the post an hour later saying he is sorry for the panic he may have caused.

COMMENTS(47)

  • Doofus
    1 month ago Doofus

    “I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”A boy of his early 20s shared his story about investment in btc and ICOs. he also talked the ICO market in terms of regulation. Deng Di, president of China Blockchain Research Center warns people the the risk in the market. http://news.8btc.com/the-crazy-world-of-icos-200000-cny-to-6-million-cny-in-2-years

  • talkbitcoin
    1 month ago talkbitcoin

    i skimmed through the “millionaire boy”‘s story but i didn’t see anything about any ICOs! it was a 200BTC easy money that fell in his lap and then he held it for a couple of years and make a lot of profit!and the future of ICOs is very simple, it will be the same future as premined altcoins have. today you can no longer see any of them around, and soon we will get rid of this ICO method of scamming too.

  • AiWanChu
    1 month ago AiWanChu

    i think there will be crazy pump and dumps like usual.. they need to keep their act together, its kinda making it look bad for the rest 

  • machinek20
    1 month ago machinek20

    There will be a lot of ICO and new coin in the future and maybe one of the ICO  can actually makes us rich, but that chance is really slim and there will be more people got scammed from the ICO, for me although it is tempting I will never put my money on ICO, it is too dangerous

  • Wendigo
    1 month ago Wendigo

    Quote
    Honestly, I feel anxious and stressed to be rich. Now I just want to obtain a sense of achievement in my next job.”
    I want to have this guy’s problems 

  • IamAltcoinfan
    1 month ago IamAltcoinfan

    I completely read the article lots of places its mentioned ICO is risky because of lack of regulation even the guy who claimed he is millionaire he only mentioned its just  happened  not because of lots of research and vision.

  • satoshforever
    1 month ago satoshforever

    The future is high-risk, high-profit, just like the present

  • secretservice
    1 month ago secretservice

    I think the future for these ICOs is what most competent people have already commented on: this is not sustainable. Now the question is how many people will be aware of this in time and keep away from this madness.

  • AjithBtc
    1 month ago AjithBtc

    ICO projects have their own vision as well their own usage in several applications. So the ICO market will grow higher by the falling days, I too have been holding a small amount of ICO tokens to profit big as the price has increased quite a little than the value during the crowdsale.

  • iqlimasyadiqa
    1 month ago iqlimasyadiqa

    If you want to research more would get 2 statements, namely:- ICO can make you a millionaire.- ICO can also make you fall into poverty.ICO has a system that is sometimes profitable and also sometimes can be detrimental.

  • eternalgloom
    1 month ago eternalgloom

    I personally try to stay away from ICO’s as much as possible, but that’s just a preference. Only investing in coins that are truly open and decentralized, such as Bitcoin, Litecoin etc.I mean, investing in an ICO could work out for you, but I prefer the other approach.

  • sir.humus
    1 month ago sir.humus

    In one year from now you’ll not even remember what ICO is.It will gradually disappear from the cryptocurrencies world.But I suspect that on the next giant jump of bitcoin price, a new crazy thing will join.and people will put a lot of money in it, just to discover that in a few months it no longer exist.Stick with the big ones, Bitcoin, Ethereum, and some others. Don’t count on this ICO craziness.

  • AK47-
    1 month ago AK47-

    Offcourse there are chances of getting rich through investing in ICO. But the problem with ICO is plenty of ICO are scam and investors are not protected from them. Some people just sell their shit coins without even investing a single dollar and scam people. This issue need to be regulated. Till then ICO will keep on going the way they are. Investors need to be extra careful.

  • hubballi
    1 month ago hubballi

    Quote from: eternalgloom on June 22, 2017, 01:16:23 PM
    I personally try to stay away from ICO’s as much as possible, but that’s just a preference. Only investing in coins that are truly open and decentralized, such as Bitcoin, Litecoin etc.I mean, investing in an ICO could work out for you, but I prefer the other approach.

    It was before that investing in ICO wont give you good returns on listing day but now a days ICO are coming with full details and when this ICO are launced in exchange they do trading very good and returns are more then 5x but after some time they start to dump so it is good to just sell of in launch date and as soon as they are dumped fully you can start buying back for long term.

  • Taki
    1 month ago Taki

    ETH was the first ICO project in 2014. Now this kind of project are getting very popular, because of – just look at ETH results! I count it as high risk investment, cause of it’s just can happen to all start ups pump as ETH did. Some of them will disappear. I think ICOs will not bring anything new on the market. It is the time of ups and downs, so, I suppose to see something like this from ICOs.

  • CryptonomyCapital
    1 month ago CryptonomyCapital

    I believe that when ICO will be regulated by most countries, there would be less pump and dumps and it will become an altertanive to IPO (which is easier to partisipate in). So it would be not so risky, but harder to engage it.

  • Armstand
    1 month ago Armstand

    Quote from: CryptonomyCapital on June 22, 2017, 01:47:16 PM
    I believe that when ICO will be regulated by most countries, there would be less pump and dumps and it will become an altertanive to IPO (which is easier to partisipate in). So it would be not so risky, but harder to engage it.

    When regulation from the Government happens,restrictions ,policies will occur, joing in once campaign might be too difficult for high qualification may happen same with few ico’s might not able to sustain the law f governments . I think it will be better this ways we just need to be extra careful on where to risk our money.

  • Kprawn
    1 month ago Kprawn

    Quote from: Taki on June 22, 2017, 01:30:36 PM
    ETH was the first ICO project in 2014. Now this kind of project are getting very popular, because of – just look at ETH results! I count it as high risk investment, cause of it’s just can happen to all start ups pump as ETH did. Some of them will disappear. I think ICOs will not bring anything new on the market. It is the time of ups and downs, so, I suppose to see something like this from ICOs.

    It will go the same way Ethereum is going to go…. DOWN. You get a bunch of people who jump in early and they make a ton of money and thenthey will disappear once these people has made enough money hyping and pumping the shit out of it. I will out of principle NOT participate in any of the ICO’s. Yes, you will become rich OFF the backs of others misfortune. 

  • JL421
    1 month ago JL421

    ICO is going to have a really big future as every week there is a new coin being added and ico are actually are  ot a bad thing as far as i have noticed. They launch a ico set a target raises money which they can keep all with themselves are necessary works so a good profit for the owners. Now after the coins are issued most of them launch at a higher price of exchanges so easy profit for investors also. There is surely risk involved but it worth taking it sometimes

  • dissident
    1 month ago dissident

    ICO market will subside when the bubble bursts, just like the IPO market subsides during economic downturns.  Most of them are garbage with promises they won’t keep as they take their millions and run.  Nobody needs these tokens. Even though I went a bit into WAGERR, I don’t believe anyone will actually use it on any large scale to ever gamble with.Given ETH can’t even handle the load of these tokens, future ETH based token ICOs seem questionable. Time to work on scalability first.. see which coin get it done the fastest.  NEM and Ardor are my guesses.. Ardor could replace ETH as the token king.. time will tell. Tech based on NXT is right now the most advanced, in my opinion. Thus I’m holding some (not much) of my original NEM stake while the rest is invested in Ardor and various altcoins. Though there’s a few smaller projects like Pascal that have some novel technology. Blockchain trim is a big deal. I’m amazed that one sits there dead as a doornail.

  • scribbles
    1 month ago scribbles

    The wind will turn, ICO’s will crash and take hundreds of scamcoins, shitcoins, deadcoins with it. I can’t wait!

  • bouren
    1 month ago bouren

    Quote from: Doofus on June 22, 2017, 09:59:37 AM
    “I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”A boy of his early 20s shared his story about investment in btc and ICOs. he also talked the ICO market in terms of regulation. Deng Di, president of China Blockchain Research Center warns people the the risk in the market. http://news.8btc.com/the-crazy-world-of-icos-200000-cny-to-6-million-cny-in-2-years

    I can’t figure out how you relating ICO future with this story. But yes, I must say cryptocurrency’s ICO future is bright. It is nice to see anonymous projects getting millions of investment just on the basis of quality of project. It is the start of new type of trust in society.If ICO continues to be that profitable, no wonder if future ICO gonna collect 100 millions plus in crowdfunding.

  • hatshepsut93
    1 month ago hatshepsut93

    ICO market looks very much like Dotcom Bubble. If you are not familiar with it, people were investing in any “.com” company that appeared on the market, similar to how today people invest in every ICO, regardless of its content. The bubble bursted and most of the companies vanished, but some recovered and are operating to this day. The same might happen with altcoins, most of them won’t survive the crash, but a few top coins, with hard-working devs who deliver their promises and featuring real innovations, will survive and continue rising. It’s unclear though how it will affect Bitcoin – will it crash together with alts, or will investors move their funds to it instead?

  • Reid
    1 month ago Reid

    “It’s not about me being smart or visionary. I’m just lucky to follow the right person,” It’s plain luck, he did trust the right person at the right time. But still he took knowledge first before stepping up in the world of ICO. Regarding the future of it. I dont know if it will still continue as it becomes known. Some will be tired of this flow and just go and will think of another option. Same of what they do with altcoins, they come and go.

  • BitcoinAllBot
    1 month ago BitcoinAllBot

    Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: 8btccom

  • Chin Cheng
    1 month ago Chin Cheng

    I truly believe that most of the promising ICO we have right now wont reach anywhere in a couple of years,the thing is that we are riding the market sentiment and people who are investing in it are making a good amount of profit if they are wise enough to exit at the right time,i am not a firm believer that most of the projects will exist five years from now,so all the money i invested i am not looking for the long haul,i will make my profit and get off before everything fades off.

  • itooam
    1 month ago itooam

    Makes me laugh that many of you are criticising icos, but at the same time, actively advertising them in your signatures .  Seems a little hypocritical to me .  “Do as I say, not as I do”!!!

  • hardtime
    1 month ago hardtime

    The future is going to be what it is always was and what it always will be, is that a ton of dumb people are going to jump on the train for some shitty ICO that’s not going to lead anywhere. After the first week the price will see a massive spike, people are going to sell, price is going to take a shit and then that’s that the price increase is done. Some select few of people (including the founders, devs and whales) are going to make an insane amount of money from all of this but that’s going to be that.Quote from: scribbles on June 22, 2017, 03:02:48 PM
    The wind will turn, ICO’s will crash and take hundreds of scamcoins, shitcoins, deadcoins with it. I can’t wait!

    Quote from: scribbles on June 22, 2017, 03:02:48 PM
    The wind will turn, ICO’s will crash and take hundreds of scamcoins, shitcoins, deadcoins with it. I can’t wait!

    At some point, if gods on our side and wants to show people the light, this’ll happen but I don’t think this will happen before the Altcoin bubble pops. That’s going to have to come first for all of this to happen and workout!

  • btccashacc
    1 month ago btccashacc

    Quote from: Doofus on June 22, 2017, 09:59:37 AM
    “I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”A boy of his early 20s shared his story about investment in btc and ICOs. he also talked the ICO market in terms of regulation. Deng Di, president of China Blockchain Research Center warns people the the risk in the market. http://news.8btc.com/the-crazy-world-of-icos-200000-cny-to-6-million-cny-in-2-years
    the chance to be rich through ICO is very small, since mostly ICOs turned to scam, and it’s obviously risky to put your money out there. i remember the time when i joined the ICO, at the first the project had good purpose, they were trying their best to attract people by held signature campaign, twitter and fb campaign and they paid those members act like they are not scammer, imagine big capital that they need to build their reputation. Well some promising ICO will be launched at the end of this month i think i might join, hoping this is not gonna be scam, i will take that risk.

  • Ucy
    1 month ago Ucy

    Quote from: itooam on June 22, 2017, 09:39:03 PM
    Makes me laugh that many of you are criticising icos, but at the same time, actively advertising them in your signatures .  Seems a little hypocritical to me .  “Do as I say, not as I do”!!!

    Lol. This is exactly what am talking about. I can never in my life think of participating in what I do not believe in. I had some really nice opportunity to work for an institution with fair salary, I didn’t accept. I hate to be caged with bunch of noisy people in the name of earning a living. Lol

  • Doofus
    1 month ago Doofus

    Quote from: talkbitcoin on June 22, 2017, 10:29:21 AM
    i skimmed through the “millionaire boy”‘s story but i didn’t see anything about any ICOs! it was a 200BTC easy money that fell in his lap and then he held it for a couple of years and make a lot of profit!and the future of ICOs is very simple, it will be the same future as premined altcoins have. today you can no longer see any of them around, and soon we will get rid of this ICO method of scamming too.
    it all started in 2016 when he bought tokens of 5 ICO projects, one helped him earn 40 times of profit and one earned 70 times.

  • BitcoinerXX
    1 month ago BitcoinerXX

    Quote from: Doofus on Today at 01:12:26 AM

    Quote from: talkbitcoin on June 22, 2017, 10:29:21 AM
    i skimmed through the “millionaire boy”‘s story but i didn’t see anything about any ICOs! it was a 200BTC easy money that fell in his lap and then he held it for a couple of years and make a lot of profit!and the future of ICOs is very simple, it will be the same future as premined altcoins have. today you can no longer see any of them around, and soon we will get rid of this ICO method of scamming too.
    it all started in 2016 when he bought tokens of 5 ICO projects, one helped him earn 40 times of profit and one earned 70 times.

    i see a future of government crackdown and jail time with insider dumps of epic proportions and many people crying over their losses.

  • franky1
    1 month ago franky1

    instead of just making a node and telling people the possibilities and then letting it wonder free in an open decentralised manner.. the ICO concept is very much different unlike bitcoin, which never began as a ICO, nor organised by a ‘company’ who made promises(contracts) to hand X premined coins you customers Y over a term…i see ICO’s becoming regulated just like ‘shares’ are.ICO’s will be hit by bureaucracy of the ‘founders’ home country. all because of how organised and centralised the concept of ICO is.that said. most ICO’s are just crap coins, so treat them like penny share trading if your gonna risk it.best advice is. only waste amounts you are willing to lose.EG if you normally spend $20 on a evening take-out/fast food, which naturally/literally ends up in the toilet 6 hours later.. make urself a sandwich instead and use that $20 on an ICO.. that way you never ‘lose’ (british pun: never loo’s)

  • Ucy
    1 month ago Ucy

    Still not convinced why ICOs is bad. This seems like a typical ideological/emotional reactions to things we do not understand. I think current decentralized economy is by far better than what is obtainable in Stock Market where only the big guys corner all the money from crowdfunding.  I invested about $75 in a well regulated Stock market 2002 or 2004. all I gained to this day was a mailed Share Certificate. Friends, change has come. There is an ongoing economic Revolution.. no need to resist it. It’s the true democratization of Our economy. It’s not going to stop anytime soon. I have a feeling the current startups from ICO will be the next big future companies  and the decentralized ICO becomes the main method of raising fund by companies, making it easy for ordinary folks with great idea to raise fund for their projects …there will be far more companies on earth as a result. ICO isn’t a bad thing. If anything it’s revealing to us the true amount we supposed to earn from our investments under a govt controlled economy. If this were under government control only few will end up becoming rich in billions of dollars. Next everybody will feel like ant to them, next they start scheming how to take over other countries and the World.  We deserve what we currently making because we put alot of time and energy into it. If this fails many of us probably have loads of other ideas to succeed in. My second point today:  Someone said on this forum that money from Crypto will cause inflation around the world. I smiled at that  because he most certainly thought millions of people are into Crypto. I doubt if the actual number is even upto 0.5% of World’s population… makes me somewhat sad that not alot of people are  involved. Poverty in the midst of wealth is a disgrace on our planet. It MUST DISSAPPEAR and it must be done by the people not government. ICOs or whatever it’s called should never be regulated by elite controlled government. It should be regulated by the best of the the people, stakeholders and participants. It should be self regulated otherwise poverty will never cease to exist.

  • SingAlong
    1 month ago SingAlong

    Quote from: Doofus on June 22, 2017, 09:59:37 AM
    “I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”A boy of his early 20s shared his story about investment in btc and ICOs. he also talked the ICO market in terms of regulation. Deng Di, president of China Blockchain Research Center warns people the the risk in the market. http://news.8btc.com/the-crazy-world-of-icos-200000-cny-to-6-million-cny-in-2-years

    Well he says luck really since he didn’t envision this and he just sticks to the right person he says. Truly, ICOs can be so risky that keeps me at distance since I am not that veteran here and also there’s a chance that they would just vanish together with our money. Stressed out being rich and want a sense of achievement, how I wish to have that same kind of problem.

  • The_Dark_Knight
    1 month ago The_Dark_Knight

    Quote from: Doofus on June 22, 2017, 09:59:37 AM
    “I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”A boy of his early 20s shared his story about investment in btc and ICOs. he also talked the ICO market in terms of regulation. Deng Di, president of China Blockchain Research Center warns people the the risk in the market. http://news.8btc.com/the-crazy-world-of-icos-200000-cny-to-6-million-cny-in-2-years
    It will eventually come to an end, people will being to understand that many of these projects are nothing but scams, and the few projects that could have something interesting about them are going to have to learn how to develop their projects without becoming millionaires overnight as they have been doing for quite some time.

  • cjmoles
    1 month ago cjmoles

    Quote from: franky1 on June 22, 2017, 01:07:57 PM
    instead of just making a node and telling people the possibilities and then letting it wonder free in an open decentralised manner.. the ICO concept is very much different unlike bitcoin, which never began as a ICO, nor organised by a ‘company’ who made promises(contracts) to hand X premined coins you customers Y over a term…i see ICO’s becoming regulated just like ‘shares’ are.ICO’s will be hit by bureaucracy of the ‘founders’ home country. all because of how organised and centralised the concept of ICO is.that said. most ICO’s are just crap coins, so treat them like penny share trading if your gonna risk it.best advice is. only waste amounts you are willing to lose.EG if you normally spend $20 on a evening take-out/fast food, which naturally/literally ends up in the toilet 6 hours later.. make urself a sandwich instead and use that $20 on an ICO.. that way you never ‘lose’ (british pun: never loo’s)

    ^^^^I agree with this….not much more to add to it.  I have had considerable success throwing down a 20 or 50 spot on ICO’s that I thought were promising….ethereum and augur are two of the more successful….but the 20 or 50 is worth the entertainment value alone  <— way better than playing a slot machine or purchasing “loo” sandwich….smile.

  • bitbob82
    1 month ago bitbob82

    Quote from: medsi2 on June 24, 2017, 06:00:45 PM
    In my opinion it depends on the project.Nowadays lot of ICO appeared and some of them raised lot of money that they don’t currently need.We should find and invest in those with real product and clear vision. I prefer if low-marketcap too. Only few of those over-valued companies will survive, the others simply not.
    yes some time ICO become successful because of the interest of the people, they study about the success of the project and then decided to invest their money in such project

  • cjmoles
    1 month ago cjmoles

    Quote from: bitbob82 on June 24, 2017, 10:15:27 PM

    Quote from: medsi2 on June 24, 2017, 06:00:45 PM
    In my opinion it depends on the project.Nowadays lot of ICO appeared and some of them raised lot of money that they don’t currently need.We should find and invest in those with real product and clear vision. I prefer if low-marketcap too. Only few of those over-valued companies will survive, the others simply not.
    yes some time ICO become successful because of the interest of the people, they study about the success of the project and then decided to invest their money in such project

    Lately it’s been really crazy.  These ICO’s have been making a killing and there hasn’t been too many that actually had a product ready for market….even Augur hasn’t hit market yet and it’s been a few years.  The best thing to do with these ICO’s is catch them after the distribution of the tokens and collect the FUD dumps….the FUD dumps are inevitable.

  • secretservice
    3 weeks ago secretservice

    Quote from: Inmydomain on July 03, 2017, 09:12:00 AM
    There are many ICOs that in no way require the technology they are launching on, the cynic, or realist depending on your viewpoint, in me thinks there are only so many ideas suited to this launch and so the volumes will subside
    For many of these projects in fact the use of a blockchain does not make any sense. And if it is an editable blockchain, why have a blockchain in the first place?

  • cretanicious
    3 weeks ago cretanicious

    when you want to invest in an ICO you have first to see how its going to have a ractical use in reality. If you are old like me you probably remember a company that sold plots in the moon. yes it was fine with 20 dllars you cold have your plot on the moon  but that was it. Focus in real world use and not in big words.

  • Pab
    3 weeks ago Pab

    We will have very few valueable ico’ and lot of scams and wothless project,will be similar like altcoin boom was after btc succes

  • BigBall
    3 weeks ago BigBall

    I really like this ICO market and all ICO coins because if we can earn them for free why not and maybe become a millionaire for free without any risk what is really perfect for us.

  • Termin4tor
    3 weeks ago Termin4tor

    As long as ethereum stays alive, ICO’s will survive. Its a very huge market filled with potential I would say, but at the same time cunning scams will be all over the place. I read that many new companies will go mainstream with this form of an investment strategy in the near future instead of listing their companies on the share market and all.

  • helloge
    3 weeks ago helloge

    Quote from: Termin4tor on July 03, 2017, 11:11:36 PM
    As long as ethereum stays alive, ICO’s will survive. Its a very huge market filled with potential I would say, but at the same time cunning scams will be all over the place. I read that many new companies will go mainstream with this form of an investment strategy in the near future instead of listing their companies on the share market and all.

    I think the EOS may change the position the ethereum, recently, the EOS raised a lot of ETHs every day, and the cray ICO market seems to be over since other ICO projects are not so hot, so I think we should do some deep research before we buying some ICO tokens.

  • Raven91
    3 weeks ago Raven91

    Quote from: Doofus on June 22, 2017, 09:59:37 AM
    “I woke up this morning, checked my wallet and realized that I am now a millionaire. Now what?”A boy of his early 20s shared his story about investment in btc and ICOs. he also talked the ICO market in terms of regulation. Deng Di, president of China Blockchain Research Center warns people the the risk in the market. http://news.8btc.com/the-crazy-world-of-icos-200000-cny-to-6-million-cny-in-2-years
    That was really the thing that we are making why we are doing there thing because we wanted to become a millionaire we invest to gain a great profit in the future so no doubt about that we can make it in investing like other did in the pass years maybe ICO today is great but there are a lot of ICO in that is happening .

  • coolstory
    3 weeks ago coolstory

    Quote from: BigBall on July 03, 2017, 11:11:18 PM
    I really like this ICO market and all ICO coins because if we can earn them for free why not and maybe become a millionaire for free without any risk what is really perfect for us.

    You may like this crazy market but this does not change the reality that this craziness will crash soon very badly. It’s not sustainable.

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