>ICOs are scams and not profitable

>>3445184
>90% of ICOs are profitable for the first 12 hours after token release before sliding into oblivion.

>>3445184
>these threads

Good reason to get into IOC. No ICO or premine. DIONS, bro

https://en.wikipedia.org/wiki/Initial_coin_offering

Have a read. The tone in some areas is fucking hilarious. Whoever wrote this definitely regulars /biz/ and is /ourguy/.

>Whatever the label the goal of the pre-ICO period is to collect as much money from "whales" as possible....acts as validation for smaller fish that "big money" is backing the project and can lead to "FOMO" (fear of missing out) that leads to an ICO hitting its cap

>However, early in the development if ICOs "whales" (people with too many bitcoins) started to demand hidden bonuses for dropping large amounts into an ICO

File: 2.png (79KB, 2340x467px) Image search: [Google]

79KB, 2340x467px

>>3445191
>>3445211

>>3445204
DIONS, bro it's the future.

>>3445211
Sounds like someone stuck with Bancor bags wrote it

>>3445184
he's not in SIFT

>>3445184
No one said they weren't profitable