Bitcoin Forum

mb8coin was supposed to be one of the most successful project/ico of the last year. They have raised enough fund too. I have been following them for a long time and have been holding some of their coins.
The problem is I can't see any progress on their exchange losting despite their successful fund raising. Is it a scam?

I looked at their website fluently, there is news about the project. It’s too early to call the coin a scam, you should still wait. Very soon you will receive an answer to your question. Watch this coin here: https://www.coingecko.com/en/coins/mb8-coin

I have been following their telegram channel also. They are saying they are in contact with some exchanges whoch was being said from at least more than 1.5 months ago. They still are saying the confirmation will take more 5/6 weeks.

The main thing that they're still negotiating with exchanges and I hope it's not empty obwenija. Be prepared for any consequences, but the team puts the news. It seems to me that everything will be fine and maybe You will soon get your profit.

If updates from the m8coin website is still on then ts too early to call it a scam project ,some projects are facing delays and later they will proceed ,im holding some coins too that haven't get to any exchange but every other thing are still active so I believe they aren't scam

As far as I can remember they are not following their roadmap too. this is not good for a project. DEV team has raised enough funds in the bear market, now why are they postponing it? Isn't it a matter of thinking again?

I doubt if this is a scam project, because there are so many people who buy and sell coins with self trade, chances are that this project is indeed in the development stage because it's too late in the world crowdfunding projects have become a frequent thing

I understand your concern, but it's really too early to say scam. I believe mb8 coin progressing their work in backend, even if they do not disclose everything publicly. It is not important to announce news every day, it is essential to keep doing the progressive works. You better be calm until they announce your answer.

most ICO projects said that they had raised enough funds and some even claimed to have exceeded hardcap funds, but in fact there were many projects that collapsed and were unclear in their future and I thought it was one of their marketing strategies to get enthusiastic investors.

A project that successfully reached their hardcap should maintain the communications with their investors, exchangers and believers. If MB8coin stops doing that, I think you need to doubt but if they are still in contact and doing their best to give the satisfaction for all of you, give them time.

Did you check all updates and sources that relates to them? if not? then you should check all of it before concluding something.

Why don't you give it some more time before concluding on what to call them. One very important thing about every project, is communication. Inasmuch as they still communicate with the community, it then means there is still hope off being resuscitated, even in the worst situation.

Did I call them scam? No, I just had a thought that they might be. They communicate with people on telegram and they are very much active there. They probably have had confirmed with OOOBTC exchange while they promise to list on Binance, Okex, Kucoin etc.

It is too early for one to just make a conclusion that this kind of project is a scam because not mething up with the date they surpose launch.

Hell, have you read the whole thread and reply in this thread? or just spamming my thread here to increase your post count. Right before your post, check what I have said. I never called it scam.

I'm sure this is not the only project who raise a good amount but failed to list the coin in an exchange for now.
However, a delay of listing could not be the reason to consider an exchange a scam, they might have some plans and they want to do it with timing, but since you are the one who are following it, you should know better.

IMO, it's better to list this in Binance since they have enough funds to pay, some hype together with the listing would certainly help to make investors happy, then it will get  lasting support as long as they continue to work on the project while in exchange.

They are creating a gimmick to attract the investors and no more. They were hiding the result of the crowdsale through not give the crowdsale address or contract to make everyone be able to see ohw much fund already raised so far.
But we can't argue if this one is a scam until the developer has gone with the money or at least nothing happens after all.

Don't easily say other people's projects are scam because they are delaying exchanges or other things. As long as everything is still active, of course there is a strategy that they must do so that all investors can benefit. Unless they are lost and without any updates at all, maybe it will start being said to be a scam.

any company will not be able to open everything, what else they have achieved, it has become their secret and our job is to just trust them to realize what they have said before.

It's a scam, MLM ponzi scheme with Multibuy partnership, Multibuy World's bank accounts terminated, withdrawals suspended. Team consist of one individual who is a part time hypnotist, two others from Scotland were involved in tv electrical repairs,and most appear to have very little crypto knowledge.


I am sorry for your loss.

Well, we cannot use their non-performance on exchange to completely judge them yet, they might still be working fully to develop the project. Don’t forget that the fund was raised for a solid project which was not on ground prior to the fund raising, and it is the fund they will use to develop the project.

You do not expect magic to just bring the project overnight after raising the fund, they have to use the fund they collect to develop the project fully, then do more promotional adverts that will attract more investors and users of their product before you can start seeing Such performance on their value on exchange, so you still have to give them time.

They are real long term investment projects and not Ponzi projects. Provided they are still updating their users and investors from constantly, just give them time to work, you will surely see their performance with time.

Mb8coin already have been added two exchange and there always try to get a popular exchange like said mb8coin admin binance. But I'm now confused about price under 0.042$ everytime more down. I don't know which development there want show and price will go up or not but still haven't yet good position.

mb8coin is already trading on Whitebit and coinexchange,i think you lack patience,every new good projects coming in crypto world always takes time even when all hardcap are achieved successfully,as you can see now all the waiting worth it in the end,only scammers rush up projects but new projects will always take time

Why the confusion about price keep going down? This is the familiar scene for almost every altcoin that launches without a utility, without a community to use it, and without actual tech and product developments ongoing. These coins are all for speculation, you should see that by now.

For the good project token price is most important think because the price will determine the cost of developing the project so you can check mb8coin daily volume and price on CMC. I hope you will shocked because mb8coin ico price was 0.34$ but now always it have price 0.041$, so how is possible that.
Team promising before mb8coin will be use in product sales and travel but many time over their do not complete yet.
I see only 5.8% of mb8coin we can use products buy, then how the price increase? You know team target got exchange okex and binance but it not possible. Because okex and binance need more demanding coin and more volume but mb8coin still small volume everytime.

Ugh really??
Too bad but I don't care  ;D
I already sold my 28k MB8Coin from my bounty @400 sat each, and this is one of my biggest bounty income on 2019
Thanks, MB8coin  ;D ;D

Yes many bounty hunter r happy for participating mb8coin but lot of investors not happy yet. Check CMC the volume of mb8coin very low everyday, So I think mb8coin investors plans will be happy if volume can be increased with new exchange and 100% sales products.

This is why sometimes its not a good idea to hodl new project tokens,every bounty hunters that decided to hodl are in lose already,its such a painful decision i bet,i remember when i came across this mb8 coin bounty ANN page i just pitied those who spent there time on such project but its good you dump and made over a thousand dollar this year,nice move

Mb8 was operated on two exchanges but is now in an exchange and the value of mb8coin has come down to 0.024558$. One bad update i received is that coinexchange has ended that's means coinexchange is closing down now. So if mb8coin get more exchange at this time with good development processing countinue then it will run again.

I joined bounty and met a lot of projects postpone listing exchanges. Really frustrated with the current projects when most of them are scams

Coinexchange is still operating until the middle of this month, mb8 already traded at whitebit.
Mb8 is already known as a ponzi coin and that will be so difficult for mb8 to be accepted by the new exchange site. exchange site will always take a look at the reputation of the project itself.
Honestly, i disrespect with a bounty hunter that doesn't care with the investors like someone above you.

he knew its already listed on two exchanges but it still look like a scam. there is no update to the project and that makes it more worse.  developers of old projects that didn't died yet just keep hiding. they may come back when the market will be good again. but for now, you just have to panic for there is a chance that they'd not be back lol

they cant be scam if they are already listed because by there you can see that the coin has a value which you can sell anytime of the day  . about the updates , what if they are only busy ? well this coin is not alone for not having regular updates but other older coins dont also give constant updates but look at them now , they are still alive and kicking   . that does not mean that they are already scam  so there is no really need to panic  , panicking will only make the situation worse  .

you'd be surprise to know this didn't happen just once.  you'll see there are scam projects that got into the exchanges, traded for awhile and you can dump what you have and then the team suddenly gone. they are pretty confident with what they do too, they even appear on interviews on youtube. i bet you met some of these projects in the forum around 2018. should they still be busy?  i don't know. i haven't been busy that much that i don't message someone for 2 years

And such comment is reason why bounty hunters are blame for the slightest price dump, you could keep your achievement to yourself, no need to come and brag about it, remember people invest money in this project, they won't be so happy with such comment coming from hunter,
if this is scam, well hard luck for investors, such are the reason why people no longer invest in new project, most always turned out to be fake.

I don't think this Mb8 looks like a scam. When everyone thought the Mb8 project is dead, Mb8 come back and made history for the bounty hunters. Such huge money earned all the mb8 bounty hunters. In Coinexchange.io, Mb8 had a good volume. No one knew Coinexchange.io is going to shit down before. I think mb8 will not scam, they just don't want to list on any exchange in this bear situation of altcoin market! 

they listed the coin still. i couldn't be sure if they are indeed a scam but seeing there is no development happening and no news, its easy to conclude they are already gone. for all we know they quickly list their coin but to a shit exchange. pay a little to the exchange and then sold their coin as well. i don't know too but do you know which is the wallet of the team?  when bull market comes while the mb8 coin survives they might just start coming back by a simply tweet too. just like the plan of every team who laylow.

the only reason why they are not delisted to the exchange right now is because these exchanges are also not performing well. $1,333 volume in coinexchange, probably all are sell orders because its about to shutdown.

Yes coinexchange games is over now mb8 have added whitebit exchange but there no have any fast developing working movement. I think really mb8 is the silent killer project with more investors already getting huge loss. Basically i don't recommend for investment in mb8 if there do not added more exchange with products sales in spend 90% of mb8coin.

mb8 is now on the exchange and you can sell it already, yes I know you are worried about losing your money because many ICOs don't even reach the market release.
and what I know is that MB8 has a bounty program and the manager is Yahoo, Yahoo is known as a manager who always does research before accepting work from a project.

It is not necessarily a sign of a scam project, because I took part in several bounties in early 2018 and they have not even distributed their rewards, however, development and marketing is going great, so maybe they are just searching for good market entries.

No need to call the project scam if the exchange agreement goes wrong. Every week several applications by the teams for listing are rejected for a different reasons. Bounty campaigns are not profitable compared to the 2015-2017 years and as a bounty hunter, you need to look for better projects.


You should feel lucky if you are still not holding the token which is dumped by the other bounty hunters. As a passive income, you can invest again to the same token for getting another leg of ROI in the next pump.