That sounds like trash. Why wouldn't a potential buyer not just save up and buy ETH?
Are ICO's scams?
Good point.
Yes, all ICOS are scam, now go back where you came from
Most are, many are not. Most whitepapers are bullshit, some are not. What did you expect to hear?
You buy into an ICO for one of two reasons. 1) you believe the product can make money. 2) you believe you can flip the coin for easy profit when it hits the exchange.
I believe the model is automation tho. Purchases are rounded up to the nearest dollar amount and the change is automatically put towards a crypto.
check'd
so for your ICOs, you were paying attention for the day of listing to not miss the pump?
i'd say about 90% are scams, 9.9% aren't scams but are still shitcoins, and 0.01% are neither scams nor shitcoins
For me I guess the hesitation is that they are already valuing this coin at .45 cents which seems ludicrously high for something that hasn't hit the market.
Are prices like this typical in ICOs?
No, usually they're less than $ .15. I wouldn't trust it, a good ico usually sells out quickly and biz won't shill it until it's already done. Your asking way too many newfag questions to be posting your own thread. Lurk more or go post on Reddit.