Bitcoin Forum

Hello guys, someone in my group made some analysis that CNB the native token of coinsbit could hit between $1-$0.5 2020 year end. Well she likened this exchange coin to BNB, I don't quiet agree with her submission, because I once heard someone say they lack team after the former co-founder left the company to start a new product. I want to hear your analysis if this will be a good long term investment. I don't want to invest in another exchange that will either be hacked or regret to be shutting down.
 
Thanks, awaiting your contribution.

Are you talking about coinsbit exchange (CNB)? if yes I doubt it can ever reach 1$ per coin, its presently showing good sign since bitcoin hits 9500$ and now its trading at 0.0023$ from 0.0015$ and that is a good sign but I won't expect too much

This coin?
https://coinmarketcap.com/currencies/coinsbit-token/
What's the analysis is all about? I think it's made to get some attention and make the people buy this coin.

Be careful about what you heard from others, there are few bad reviews about this coinsbit exchange and I think its a new exchange, its better to do some research before buying and please stop comparing to binance, bnb token has real use case on its platform, can't find one for CNB token

It is not a new exchange, it has been here for almost a year and someone created a scam accusation thread about this exchange last year, here is the thread:
COINSBIT.IO SCAM EXCHANGE + PONZI SCHEME !!! (https://bitcointalk.org/index.php?topic=5195285.0)
I did get a message about this on Telegram and Discord, telling me this coin will success in the future. If I were you, I would not waste my time holding it or spending my money buying it because the exchange does not have a lot of volumes. It can not be compared with Binance, let alone Binance even in my opinion this project can not be compared with Stex.

CNB launched with big hyped also coinsbit get huge investments. I hope CNB will be valued by 2020. By the way i heard about HOX Token which going to bring own mainnet also HOX Token will be listed three big exchanges in March.

Still far from the possibility of this CNB token will reach $ 1- $ 0.5 see there are still many waster in this token from the results of Airdrop yesterday I do not deny that this will reach that high.
Yes, indeed the Coinsbit exchange is famous for its Airdrop with an estimated $ 5,000 / 5kCNB, but the reality is not like that,
I still don't really believe it.

Coinsbit, better known on the market, stands for CNB.

Before giving an opinion or analysis about CNB tokens, I want to, ask you something.

1. do you already have the Coinsbit token.
2. Or you want to invest.

OP, when viewed from (marketcap) the position of the coin is ranked 612, this is not a good sign to do something.
If you want to invest looking for potential coins for your future, CNB has a history of the highest price of around $ 0.003841 USD, this is not good, for now.

As for the name of the coin, of course, there are predictions and analyzes that allow for good or bad going forward.
If I see a Coinsbit token.
Very thin to have a good analysis for the future.

marketcap:
However, it must be remembered that it can all be reversed better, it depends on DEV and the Coinsbit team to market it to the public for good interests.
If the representative doesn't care, just rely on something, everything will sink.

Many tokens are dead now on the market, with a variety of cases and also from the price of $ 1 from the initial coin out, so that the price becomes $ 0.000000.

Is your friend a girl? You're fortunate to have a female friend who understands crypto.

Returning to the topic, I want to know what your friends are up to in making such predictions even though it is clear that comparing Coinsbit with Binance makes no sense.

Never I am not a holder neither do I have an account with them. I don't yet trust them enough to place my money there, they conducted an Airdrop which they promised $200 each but the coin ended up been sold for $4, that was deceptive. I didn't join the airdrop because they needed a KYC which I was not ready to provide because of trust.

Coinsbit can't be compared with Binance in any form. I feel she must have based her predictions on the premise that the coin was distributed free of charge. I am not convince, I am not ready to burn another $$ in the pit of shit like I did in Coinex which made me to fall into debt. At the end I realize bitcoin is the real safe haven.

Thanks for exhuming this thread, I am going to show this to the group, so they can beware. This was how Xbase was accused and some persons thought it was out of hatred, today Xbase sent investors to the bottom pit.

In the world of crypto everything can happen, because if there is only a shortage of teams, they only need to recruit new team members. But the belief in the fundamentals of the coin is more influential on the price, see all BNB does not doubt Binance

I can't agree with your friend, because CNB is not that coin that can relate with the BNB. Maybe she is new in crypto and got a good amount of CNB token from airdrop, that's why she is feeling very positive towards CNB. Coinsbit is a shit exchange, but yet you can get a good profit from the CNB token as they use the bot, pump, dump scheme. But that doesn't mean CNB is closer to BNB.

It's not about team only, everything in Coinsbit seems suspicious, ponzi scam. They got many scam accusation, negative reviews from regular traders! So, there is nothing promising in CNB token that can relate with the Binance coin. Binance is number one exchange not because they have a better time, rather everything in Binance is perfect and well planned.

Ok.
I thought that you are a holder of this coin and you're asking this with some other purpose so forgive from thinking like that. Because it's very usual now when someone asks for a coin like this or that, they have their main intention and that is to get attention and attract people to invest.

Nah, there are many coins as well, KCS (Kucoin) and even TIO (Trade.io) in the past that was compared to BNB, but look at what happened to them, they are still lagging behind in the competition.

BNB is on a different level by its own, while the competition are left behind and don't know how to break BNB's strength. Of course, CNB might hit all time high, but comparing it to BNB? We don't need that, everyone should strived hard first before inserting themselves into the discussion with BNB, just saying.

I have put a stop to underestimating coins and tokens because I've seen coins that people don't like for one reason or the other and these coin still do better for those who have trust in them, take a look at what happened to BSV for example, its crypto space where any wonder can show up, CNB can be something we least expected in future

This is a scam coin of an exchange. They have the utility tokens of cnb but these coins have been spread all over the crypto space. I have a lot of friends who work hard for this coin through referral but the exchange didnt gave all what was said to be reward from your work. I know the scheme of this kind of tokens and surely some will fall on their marketing strategy but beware dont get hype with it.

I actually almost do a referral campaign for this due to high reward but I reviewed all the feedback and accusation for this project. Not worth it if youll ask me. I dont use yet the platform but dont have any plans at all.

The CNB token I earned from Airdrop was suppose to worth 500$ and I Sol for 15$, the price was never listed to backed up the 500$ worth but its good looking at CNB token growing up in value since few days ago now, the future of these altcoins depends entirely on the movement of bitcoin

Currently, that coin will not climb into 1% from the look of things, from the onset of the project, I was pessimistic about the project and I believe that; they want investors to buy the coins for possible pump. Although, those who choose to invest should be more careful about the project because they seem desperate.

To my knowledge coinsbit has a bad reputation and does not deserve to be confused with binance. Everything can happen to crypto maybe your friend's analysis can be true or not. It's just that if I as an investor I would choose another token that has a good reputation compared to this.

ive been hearing this coinsbit lately and people actually recomending them anywhere on this forum but what happen to them lately ? did coinsbit really became bad  . if yes then better avoid this coin for a while and check the updates of coinsbit if they already sort those known issue and that is the time to comeback again  but for not  while we wait , lets foccus first on other coins that have good reputation  . and since already mention binance here , binance is also a good coin to me  tbh  ,

In my opinion, it is necessary to choose other coins that you think have good potential. I am also not sure about Coinbit because they are new and their reputation is bad, there are still many good coins out there instead of choosing coinsbit which is certainly not good in the future

your forecast is too high, I think if you identify it with BNB, of course, it is very different, BNB has an exchange with a good reputation, while the coin bit is not as large as its daily binary volume.
so even for 0.1$ it will also be difficult, but it will happen if the developer pumps up his coins or when the market is bullish and CNB gets an increase effect

I prefer to invest in BNB than in CNB because Binance will have the potential to hit the highest price. I don't know much about CNB even though CNB is from the exchanges, which is the same as Binance. But Binance is one of the biggest exchanges that I know will have a chance to grow higher, and it proves so far. I think you should choose the other coins if you don't want to invest in Binance because there are so many altcoins that will have time to increase so you will make a profit.

CNB and BNB look almost the same in the ticker, only one letter different. That's the similarity, except this, there is nothing similar in these two coins. BNB coin is from the most volumed, largest, widely accepted crypto exchange Binance, where CNB is from one of the shit, fake volume and scam accused exchange Coinsbit. Do not invest in CNB coin, the crypto market is not lack of invest worthy coins, so, choose a better one. If you already have CNB then sell at profit zone and get out from it.

You confirmed that your friend is a girl.

Why can she make such assumptions? Tokens that distributed for free on average are not successful in the market. Also, token exchanges that experienced high price increases were only BNB (Binance coins), UNUS SED LEO, and Huobi tokens did not experience price increases like BNB, even though they were BNB competitors in terms of exchange tokens compared to CNB which is a new token and distributed free of charge.

I think you should stay away from that project. I was also one of the participants in the project and got some CNB too. But they were just trying to create fake trading when they first launched that CNB trading. They cancel all the orders and create fake volumes so that people buy their coins. A good exchange won't do that. Many people complain about their service too. Fund frozen, Balance disappears, order cancel, etc. Their support is also not good. So do some more research before you invest your money into it. I have already used it and i can say it's not worth investing.

LOL  ;D, only 1 letter difference does not mean they have the same concept, even though they developed a platform to exchange but they have different features, and in my opinion security and comfort guarantees still win at the Binance exchange because if you screw at coinmarketcap I think it's often manipulating to make Coinsbit have a high trading volume.

Why you didn't choose binance (BNB) as your investment place If you interested to the exchange coin? This coin will be choosen by many people out there if they choose binance exchange to trade or to join the IEO project.

You have to compare first, I guess coinsbit is still new exchange and we don't any guarantee that this exchange will be live for a long time (it depends on the developer itself). If I were you I'll avoid the risk that will be faced and I will choose the exchange that got a lot of user there.

Well, what can I say, it seems like a good token, but I don’t think it's worth investing in this cryptocurrency, most likely the coinsbit exchange specially issued its token in order to attract attention and so that as many investors and traders as possible would invest in the cnb token and start trading on their exchange.

If the facts are like that it's better to avoid them and don't trade on their platforms. Because if there have been many accusations and negative claims it has entered the red flag

Coinsbit exchange team still have a lot to learn sometimes they appeared shady that is why people don't trust them but still I won't underestimate the CNB token since its useful on the exchange, it can really surge in value someday, just make sure you invest the money you can afford to lose

Are you kidding? This is a scam exchange and many users complain about it. In addition, the current price of CNB is only $ 0.002 and for it to increase to $ 1, it is truly impossible, without any news or updates that can help increase the exchange's token. This is a bullshit exchange for me

Indeed, This garbage coin will never deserve bright future. Coinsbit Token just trading in the own exchange, So doubt is current volume is 100% manipulating, Exchange used trading bot to make increase fake volume. CNB token will 1$ end of the year it’s really joke of the year. Scam accusation against coinsbit exchange. So don't waste your time for research it’s future.                   

Lmao, stay away from this junk coin, they're obviously going to try to shill their coin because they directly benefit from the sales.

Never take the word of anybody who is directly involved in a project as truth. They always see the project through rose-tinted glasses and will often straight-up lie to gain investment.

If you want to find promising projects, look at the small cap coins tracked by bletchleyindexes.com, these have done well recently.

Coinsbit is one of the shit exchanger.how you can think that it can be 1$ or 0.5$.I have doubt that CNB can survive or not.don't compare this shit coin with other good altcoins.Also there are scam report.If you are holding CNB token better to sell your token and be safe.Otherwise you will regret for this.Best of luck

I think Coinsbit has no future, maybe even CNB will die soon because this coin is shit coins or shit exchange. so we no longer need to discuss the future of this coin because that's only will waste time. if you still hold this coin, I think it better soon in sell as long as it can still be made into money before it's too late.

I think the Coinsbit exchange has a good goal for the future even though the CNB coins are worthless but they will continue to try to develop it, which is clear we do not hold the coins because they are still vulnerable to severe declines.
Coinsbit now has a goal again by launching CNG tokens they continue to promote through airdrop so that more and more users yes I hope with their coins launching make another new breakthrough.

CNB coins should not be trusted too much . These Exchange team members are not able to function very well. Because withdraw time is taking too long.
It doesn't take long for any strong project and team members to work well . This aspect is not a symbol of a good project , but there are some delays while the team is doing all the work and coinmarketcap is doing their try best .

At first I was at all hype with this coin and the exchange is looking promising as well but once CNB coin opened finally for trading the buylt hpe all gone up in the air like it was not it supposed to be, The projected price did not seem to live up to expectations, but still the project is still very young let's wait and give them time to grow to prove their worth.

They distributed a lot of tokens in airdrop campaign, so many people will dump it because they received for free and do not understand value. And I would suggest you to avoid all new exchanges, BCNEX is a good example why.. they are declining all withdrawals.

I think Coinsbit is losing its market day by day. In the near future, they will probably be declared dead cryptocurrency in this renewed crypto world.

You probably bought it at a price that is several times higher than the current one and trying to draw attention to the coin in this way?

Coinsbit co founder leaving the project for another is very bad start for a new exchange but still there are still chances of success if the team are well determined, it's really not easy to push a new exchange to high places on par with other top exchanges, the team must be willing to face all obstacles, belief me many will come

Anything can happen, if coinsbit team can keep it up they can become better in future, every good exchanges today had a bad beginning, it's not easy to keep users fund safe all the time, security at first ain't small thing to joke with.

Coinsbit coin Established in August 2018. CNB has changed a lot over time. CNB maintains its position in the crypto world. Maybe CNB is coming out with a surprise in the future.

what makes it to gain attention then was that the team sounds convincing enough to invest in their project,  and they did a lot of marketing before launching their exchange,  after the launching of the exchange, as usual, they pumped their tokens and dumped on investors,  the exchange is shitty at the moment,  lots of fake volume and scam tokens listed there

Before investing you better search properly about the exchange itself. P2Pb2b, coinsbit, coinlim etc are well known scam exchanges. Their daily trade volumes are all fake. So definitely don't believe that analysis. I don't think it's a wise choice of investing in scam exchanges. After all it's your money and you'll be responsible for what you do. So think twice before investing.