Earlier quoted context omitted.
Just because some ICOs can be scams is no reason to write off the entire concept as a scam.
The entire concept is a multi level marketing scheme.
Bancor has lost more than half its value since June ICO
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Re: Bancor has lost more than half its value since June ICO
#12Why not name the coin in the title? Bancor.
In this case the more general title is superior. I, for example, had never heard of bancor so wouldn't have clicked on the article.
Then it's informative to readers who know what Bancor is and those who don't.
Re: Bancor has lost more than half its value since June ICO
#13Edit: I'm probably getting downvoted because I'm comparing IPOs to ICOs. They are significantly different and everyone should beware of scams.
Re: Bancor has lost more than half its value since June ICO
#14I'm sure Bancor couldn't care less about their token price collapsing. They've already got all of the "investors'" money. In fact, they could just walk away right now instead of carrying on developing the system. The brave new world of ICOs offers no protection against companies failing to follow through on their ICO roadmap. Maybe Bancor could use the token collapse as an excuse to quit now?
Re: Bancor has lost more than half its value since June ICO
#15Platforms for creating platforms, coins for creating coins.
Re: Bancor has lost more than half its value since June ICO
#16Earlier quoted context omitted.
The entire concept is a multi level marketing scheme.
And this reductive reasoning can be applied to the stock market or for that matter any cryptocurrency - that doesn't make it right.
Re: Bancor has lost more than half its value since June ICO
#17Why do so many cryptocurrency projects seem so meta? Platforms for creating platforms, coins for creating coins.
Re: Bancor has lost more than half its value since June ICO
#18Earlier quoted context omitted.
The entire concept is a multi level marketing scheme.
No, not all of it. It only appears that way before looking into it more.
Re: Bancor has lost more than half its value since June ICO
#19Earlier quoted context omitted.
The entire concept is a multi level marketing scheme.
No, not all of it. It only appears that way before looking into it more.
Re: Bancor has lost more than half its value since June ICO
#20Earlier quoted context omitted.
No, not all of it. It only appears that way before looking into it more.
Would love to hear more on legitimate use cases for blockchain (not being sarcastic) that cannot already be solved by centralized database, merkle trees and/or public key encryption.