Bitcoin Garden Forum
Cryptocurrencies => Crypto Discussion => Scam Reports & Crypto Crime => Topic started by: Cryptoinna on June 28, 2017, 10:01:34 PM
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Is Bancor's ICO considered to be a scam?
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I don't say Bacor is a scam. But I would not invest in it.Nobody knows how big is the market cap (1 million, 1 billion?). Why on earth do they make a secret market cap?
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The terms of the ICO are very dubious in my opinion. They are accepting all contributions made within the first hour. Essentially this means there is no cap on the number Bancor tokens created. Not to mention that only 50% of the tokens will go to investors.
If people still want to invest, I would suggest waiting until the cap is revealed. If the total invested so far is above the cap, it's probably not a good investment.
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I would not call it fraud but rather skillfully promoted for a reason of progres
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I'm staying away I know that
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Bancor is now officially in the exchange so fear of it being scam is dying down...of course it remains to be seen how the team will be able to follow through the roadmap.
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I don't think that bacor is a scam project, because I believe developments are also increasing now, so I also can't say that the bacor scam project. because this year too many good price changes in some time until now.