Bitcoin Forum

In the second week of June, WEBDOLLAR rose up in value leaving the Crypto space in awe.
Webdollar is a mineable currency that does not require complex computation. With just your phone you are set to acquiring some WEBD. webdollar runs on its own block chain and is open source, without any official team only community contributors. There is a halving every 2 years and this led to the surge in price, now is a good time to get some before the next halving.  Visit http://Webdollar.io to mine

Seems like scam. I recommend to avoid this coin. look at EXM coin on exmo: more than 3000% per year - healthy grow and profit.

Well, this is more like a coin that has grown, but who guarantees that in the future it will also grow or at least hold on to the quotes. which ones did you grow up to?

Many coins grow like this, you just need to invest a little money and marketing power in the coin and the investment in the project will already flow and the coin will start to grow. Therefore, I would not risk getting involved in this coin.

If ever it has a gain of 168,000% upon its launching, that's already suspicious and more likely the charts of it is just a bug coming from trackers.

Most of these tokens are just for pump and dump, and that's the truth of it. In fact, if you are a risk taker, and you are not part of the first people to buy into such tokens, you stand a higher chance of losing as the team can easily dump on you. Also, if one take a glance at the number of such tokens which rose to a very high price, it can also be found that a lot have exited scam or the price is now so terrible.
Lastly, I do not know what convinced you into investing in such token, but whatever it is, make sure you are doing so with your spare, because as the market is yet to recover, a lot of scammers will launch their tokens in order to keep enriching themselves, since they know people will always look for a way out of the market.

Hm but if it is already too late to mine it and only know the majority of people finds out about it, it is often the case that only a very small number of people mined the hell out of it and now starts pumping the coin. We have seen that happening quite often. I find it difficult to touch a coin that was under the radar for some reason for so long and literally one person could own almost the entire supply.

Also, if it pumped that hard, like that hard already I wouldn't try to get in anyway anymore.

I just hope those suspicions won't result to negative outcomes in the future, because that's possible of bug I guess that's a huge disappointments from investors. New crypto that came, has no real trading volume and most of them were manipulated by anonymous developers. In the end if they've collected all the funds, then unfortunately closes trading activities and took people's money which ended up a scam project.

it is fine to find project like this, but some of them are quite suspicious, they can end up being a scam, unlike ETH and bitcoin, they are some safe investments, even though it takes a lot of time for them to rise andof course it's almost impossible for them to rise like 1000% in a short period of time, but at least they're safe and you won't lose all your money with a snap of fingers.

This is a shit scam coin


https://coinmarketcap.com/currencies/webdollar/markets/

there are some reasons why it was growing crazy like that in the past

1. only traded in the shit exchange sites like p2pb2b, indoex and etc

2. Huge spread between sell and buy order and it has no volume means it can be easily manipulated.

I have been marking this as a garbage coin.

The marketcap of this coin is only $5M and only listed on small and unpopular exchange with very low trading volume. So I doubt this coin has high potential.

This coin doesn't have any potential and you must see that if the daily trade volume was fully manipulated. and a small amount of money will able to pump the token to the moon.
This is happening so many times with any coins that listed on the scam exchange sites. This is a common thing in crypto and it can be dumped back again instantly.
there's no reason to call this one as a potential coin. I have been seeing so many pnd token dead on scam exchange site like p2pb2b

Ops need to be careful with that coin it activities on the said date look suspicious, crashing down seconds after going 168,000% on an exchange that the team is unknown could be a trap to take investors’ money with a pump and dump strategy.

I do agree with you but it seems like that OP didn't aware about that because he was only mentioning about the pump that already happened but he forgot to check how strong the fundamental of the pump.
he may new in the crypto and he doesn't know about that. at least not for this time.

they listed their dev team on their site but are you gonna trust your hard-earned money for a coin with trading volume like this? -

https://i.ibb.co/CPvFY1z/Screen-Shot-2021-06-21-at-6-38-06-PM.png
https://coinmarketcap.com/currencies/webdollar/markets/


high probability that this is just a pnd coin. if the project is really strong, it will gain higher trading volume than above. we all know the reputation of p2pb2b here. so i suggest before jumping on this coin, make sure you have done your own risk assessments so as not to regret later.

this is really a suspicious project so be careful in investing, seeing on its platform they don't have any reliable person who is responsible in managing the project so its a big no no for that. Listing on not known exchange is considerable for scam project.

At this time we have so many coins scattered in the market making it type of mess and creating confusion among the new investors.Same is the case with this Web dollar which is currently trading at 0.0004$ and is already down 10% in one day from its ATH of $0.001 so this is bothering me to trust on it.Moreover without proper proof and sound project we should not be part of it.This will most probably not serve any utility in the long run.

Good advice will always be welcome by everyone, but on this occasion I will not follow what the OP said as well as what you said, because I've really enjoyed profiting through my own trades on the popular coins I'm currently netting at the bottom price at the moment.

traders should be aware in such information especially when it comes choosing a project . Because you know nowadays some of the scam projects can really pay for everything just to features their project  anywhere, what i meant is even through trusted exchanges out there its possible they're paying for a fake volume also. Actually this is just my opinion.. But who knows? because indeed when it comes money people always fell to that trap. So in order to prevent such issue it's always good to make research first because its our consideration before making decisions..

Totally disagree. Exchange listing is not the basis for project reputation although it gives a lot of impact the value of the coin. Some project don't have enough starting money for listing on exchange that's why they are targeting to list first on cheaper exchange to suffice first there development cost then later on exchange listing once there product is bringing profit. OP sample a typical bullshit coin but don't generalised it since there's a lot of legit small project out there that striving to bring a great product.

I don't know actually what is people look at the coin, but although a billion percent gain in crypto is something common? I mean if want to look about the coins maybe not only on short pump and dump but how long the coin can survived in market. And i think 168000% still can't be considerated the coin good or not. (personal opinion)

... Didn't even check but seeeeing this explains the weird price increase that OP posted. Nobody is interested in this. It is certainly a pump and dump I guess with zero liquidity. If you get in, you can't get out.

I think I’ll pass, seems a definite scam as others have highlighted. It’s always good to do full diligence when thinking of buying non-mainstream coins/tokens. The only people these coins ever work out for are the developers.

I look at the P2PB2B exchange and the current price is  $0.000412, so while am not really judging this cryptocurrency and can be giving it the chance it all needs to show its strength, for now it is almost dead. And this is the main problem with a project that is designed to just siphoned off the money of the people who believe in their claim of a fantastic future. Becoming the money of the internet certainly requires more than just WebDollar has done so far. Still, for the sake of its hodlers, I am wishing this project the best and may that can still be coming!

Who are you exactly in terms of your connection with this altcoin? After taking a quick look at the webpage, this is certainly a project that I would steer far clear of.  First off the webpage you've designed doesn't even work properly.  I was trying to read the FAQ section but wasn't even able to scroll down since there was no scroll bar available.  There seems to be very little info actually available as well.  How can we trust a project with such issues??

I would be very cautious investing in this project ( personally I wouldn't recommend doing so at all).

I also see that way, scam project can pay ads or even exchange to list their project they can
hype it up and make it more convincing that the project is for real and really have good future ahead.

Investors will only realize that they are being victimized once the developers/scammers start to runaway with their money and left the project die.

Always do your DYOR and make sure to trust your instinct each time you invest your money.

 :)

They don't even list in good and reputable exchange out of that no liquidity.
I wonder where he made the money 💰

When there is no volume, this increase can be seen even in small purchases of the team. It smells like blatant scam to me. I have passed them all, it is quite risky to buy after such a rise. After the team sees these rises, the tokens in their hands will start to sell. In short, they will start doing rugpull. I definitely do not recommend investment.

We have seen a lot of this kind already. So such increase doesn't matter because it is only short-lived. As you said, small purchase from the team may reflect a thousand fold increase because they have very low volume. Stay away from this type of coin, because more than likely, you will be trapped up until you can't sell the coins because it is not worth anymore. Maybe, only newbies will be attracted by this move, but for a lot of us, we are tired of seeing similar pump and dump actions from their team.

As you said, those affected by this purchase will definitely be new ones. This bull period has already been very interesting. Such useless and non-technological cryptocurrencies made money for those who released them. It caused serious harm to many people. A large number of proven marginal tokens and coins did not make such money for their investors. This bull period has completely benefited the owners of breast and nft projects. It officially proceeded with the disposable token logic.

Whatever rose 168,000 percent is heavily manipulated.  You will notice such coin does not have volume,  no liquidity,  and such coin is not fairly distributed.  If you buy such coin simply because it's rising, I guarantee you you are throwing your money into a pit!  Do not let your greed have a hold on you,  do not buy such coin!

i remember i have 1000 webd coins before i got from the web dollar airdrop but i got bored because the value is verry small and hardly moving . i lost access to this project because i deleted the group and reformated my pc .  it feels bad to see that the coin skyrocketed after a long time .

I find it quite funny that OP brought this project out to talk about the state of the market.
In this space there are a lot of junk projects, and they can be pumped at any time. And with things like this it doesn't really matter to the current situation, but after researching the project again I'm pretty sure it's just shitcoins.

Same pattern is being repeated again and again. Just like Twitter flagging fake news as "manipulated media", this forum should also add a similar flag to threads such as this one. I know a lot of people rely on Bitcointalk to find more information about new projects and it is our duty to prevent them from getting scammed. As JeffBrad12 mentioned, WebDollar is a shit token with a daily trade volume of less than $100,000. It's price is being kept artificially high, by keeping most of the circulating supply away from trading. The promoters are just waiting for an opportunity to dump their tokens. And once that happens, this shitcoin will be dead for all practical purposes.

I just check this WebDollar coin, the tranding volumn of Webdollar coin is $98,762 in the recent 24 hours. The tranding volumn is quite small. Low volumn is easy to control by whales，whale could lift such coin several times or down several times within a short time，it is shitcoin indeed.

Sounds too good to be true, so bctalk users warning ahead!

The price still stays at that peak and how much the volume and its total circulating supply, please reply OP.

I'd prefer a coin that's organically growing, remember that WEBD has really low trading volume and small market depth meaning it could go up with just $30K as I've see and it could hit 10x the price so it isn't its real price.
wait for its real price when the coin is fully diluted, but at the end of the day, do with your own risk.

I think that the OP mistakenly indicated such a large percentage by which the WEBDOLLAR coin allegedly grew. To do this, just visit the page on Coinmarketcap https://coinmarketcap.com/ru/currencies/webdollar/ to see a graph of the price change for this coin. According to this chart, the price of the coin in April 2019 was $0.0003846, and the maximum price this year was $0.001043. So where did the figure of 168,000% that the OP cites come from?

the link was russian . try this english version https://coinmarketcap.com/currencies/webdollar/

you need to click on the show more button and scroll to the price history.  you will see that its all time high was $0.7128 in Jun 14, 2021 and its all time low is $0.00000369 in Dec 22, 2020  but i dont see a  168,000% there , only 11841.21% . i think this was the roi percent starting from atl to ath  .

 all the data's above is brought to us by cmc

LOL
If it is not a scam then that is just a bug.
But it shpuld be case closed now because the price of this coin seems calmed again.

Obviously, OP is shilling the coin to high heavens, have checked the historical data

https://www.coingecko.com/en/coins/webdollar/historical_data/usd#panel

and I don't see the period where it rose to 168,000%, is this a type error it does not qualify to a coin with good potential, I will believe it is if it is traded on Binance with at least 5 figure volume but I did not see that, it's another shitcoin that bag holders are trying to push for investors to buy and OP is engaging to shilling this coin.

Let's @OP say whatever he wants about that token while waiting for what will happen to that project. But I am not sure if the token can increase as what @OP says in the future. Time will tell us, but I hope @OP can select a new token because that will not guarantee the token to increase the price. Perhaps, @OP needs to search for the other potential coins in the market so he does not just invest in that coin but also invests in the other coins, which can benefit him in the future.

Most new altcoin gets pumped upon launching and this is most likely is a scam and done by whales or developers to attract investors. There are instances that this pump only lasts for a few minutes and the coin crashes down to almost 0 value in just  few hour. Stay away from new coins since most of them are only created for profit.

You sure know how to create very attention and attracting thread but readers who will not do research will fall prey to your shilling a shitcoin, I don't see the surge you, you have to do better by posting the chart when it has the surge since it is already listed in Coingecko and it's not a new coin it's a three-year-old coin that fails to generate support and will soon out of the circulation.
Without a good volume and good exchange, this coin is worth nothing.

how can a new coin with a low trading volume get such a big increase?
I believe it was a manipulation, in the beginning, they were traded by their developers. make your own buy orders at high prices but in small quantities. it is usually done by the developers themselves to attract attention. but I'm sure it's not something that affects traders. watch the trading volume.

Pump and dump obviously, this has been the case for meme coins as well. And it's easy to do that, just promote it to social media like 4Chan and even in this community. Although we are very strict to call scam coins or those who are prone to manipulation like what the OP is promoting here. Not checking about it because for sure the dump could have happened after the OP posted this. So just be very careful, specially if you are a newbie investors in crypto space. You shouldn't be fall for this trap.