WHY 99% of ICO is BULLSHIT?

Any crypto start-up, and not only crypto, is created for the purpose of chopping bunch of money. Logically, why the fuck to do that otherwise ) But, taking into account, that at this moment "Wild West" dominates at the cryptocurrency market (It is not regulated in any way) - the start-ups are using the most impudent and deceitful ways in order to take the money away from the trustful investors. Admins of such start-ups don`t care, if their idea will be implemented or not, they are not interested about token price after hitting exchanges, they don't give a fuck about anything except the money invested during the crowd sale. Exactly, for this reason, there are several distinctive features which are inherent to such shitty ICOs:

1. NO WORKING PRODUCT. The majority of crowd sales collecting money for the future on the ground of illusive ides, which will be "implemented" in future. If the project does not have at least a demo version of the product, then in the majority of cases you will not see it at later stages.

2. PRICE DISCRIMINATION. In order to collect as much money as possible, many ICO used different discounts for early investors. "Invest in our project (that will change the world) at the pre-sale stage at 50% discount, but do this straight away. Otherwise, you will miss a chance!" And do you know how is the money from pre-sale is used? You think for development? No, it is much simpler! Partially the money is used to pay to corrupted advisors. Do you think that all the team, which is listed on the ICO website, has anything to to with this ICO? This is just a marketing trick so that you start thinking that there are reputed experts working in the project. In reality, they were just paid so that you trust and put your money in he pockets of admins of this "exciting" project. Another part of the money is spent on promotion articles on forums, cryptocurrency resources, advertisements on blogs and purchasing positive reviews of the reputed agencies. And for initiating bounty campaigns. After the main sale is started, there are also different discounts offered for those who will purchase earlier. They are just manipulating with help of human greed.
   And what will happen when such a coin hits exchange? You are right, those people, who bought it at pre-sale with discounts, they will sell is straight away. This is the right choice, there is no need to be at risk if you can earn 30-50% income without no risk. This will result, that the price of the coin will be discriminated to the ground level and It will be traded at a price which is much lower than the ICO price. But project admins don't give a fuck! They have already received the real money in their pockets.

3. BOUNTY CAMPAIGN. Bounty hunters dealing with reposts in social media using fake accounts and receiving tokens of the project. Why give tokens for such actions with doubtful purpose? It is very simple, these tokens cost nothing at all, what is the difference, they can throw it at everyone. Who knows, maybe some of the bounty hunters will purchase more.
   And what are bounty hunters actions as soon as cryptocurrency hitting exchange? They are also selling it thus discriminating the price even more.

By the way, have you noticed, that majority of start-ups working on their products for year, but this could be done in 2-3 months? Why so? The reason is that the collected money was slotted between the team the long time ago, and these guys starting new ICO to implement the same scheme one more time. And in the old ICOs, they can sometimes change the wallet designs, arrange conferences and show some activity in the social networks. And what is next - Everything is going on according to the same scenario.

I am not saying that all ICOs are of the same type, sometimes you can meet really quality projects, but they are very few, and only professional can distinguish between good and bad.

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