Your Worst ICOs From 2017 + Copytrack ICO Being Sued!
Which was your worst performing ICO if you are holding any tokens throughout? For me it has been Copytrack now Consensum.
I've been lucky to grab a few good ICOs from 2016 and 2017 and few of them such as Status and BAT performed quite well during the bull run and I was able to sell them when they were valuable. Same with EOS, although I didn't sell mine at the top but it was profitable nevertheless.
There were many others such as CoinMetro whose development is still underway and the project is doing okay for the most part so I'm still invested. But other than Copytrack and Coinmetro I've exited near the top or somewhere in the middle during the last major bull run.
So far I haven't made any losses as when I invested into Copytrack's CPY token it was purely from my profits. But turns out Copytrack is in a mess and it is being sued by investors. I just stumbled upon this information moments ago but I will post it here in case anyone is interested.
The first url with information regarding this is here and Wired has a report on it here and CLLB Law firm is looking into the case here. I haven't joined the lawsuit per se but I will once I gather more information.
So there we go folks, Copytrack is where I've burnt my fingers as far as ICOs are concerned while Omisego and Status probably made me the most money.
Bear market has certainly killed many projects but all things considered tell me which was your worst bet and why or how did it fail?
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Most ICOs are scam!!!! I lot i n many and also master nodes. learned my lesson. I am sure the future will be different
One I invested in plexcoin and it was an disaster
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Hm, plexcoin was a proven scam and known as such before the ICO started. I am sorry that you didn't notice that.
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Oh no, that's a bad news for me too. I've also invested in Copytrack CPY. Bought it during their ICO, project and team seemed to be promising back then. Thanks for the links, I'll go through them.
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So, CopyTrack is a scam too? Sad. It looked very convincing.
Thanks for spreading the news.
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It was indeed until this new info came to light. Not sure how things will go from here but it's a write off for me.
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I started trading in cryptos very late. I started buying cryptos from April 2018 when the best ever time of cryptos were over. I invested in many cryptos like Tron, gifto, dogecoin, 0x, verge, storm, vertcoin etc. I didn't make any profit. In fact, I lost a much on this endeavor. Even, I invested on Steem but its price dipped so low that it would take me many months to earn here and make up the loss.
At least you can 'earn' steem back whereas other crypto depend on the speculative market.
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$SALT was a huge failure for me.
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Of course Copytrack is not a scam! Copytrack was just renamed into CONCENSUM and you can find the services at www.concensum.org
Moreover CONCENSUM delivered its own blockchain and the copyright register is online. In Q1 a final blockchain update will go online and from Q2 on the CEN token will be used as a utility token. So everything is on track. The law suit turned out to be an envious competitor.
Everybody who is up for information and not only wrong sensations should contact CONCENSUM.
I am still holding tokia(TKA) purchased in ico for $1 but never gone high from $0.30 and now its 0.002 a big disaster
https://coinmarketcap.com/currencies/tokia/
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Hi firepower, don't you think, that the European copyright reform that was passed today might be a game changer for COPYTRACK?