Bitcoin Forum

Now there are few projects in the market that really ultimately lead to a place in the market, but there is even a mobile application and it is very pleasing

I was looking for where you can buy cryptocurrency. Found this site. Decided to follow the development of this project.

Well, as far as I understood your primary goal is provide opportunity to purchase crypto with credit card, right?
What is your opinion about competitors? For example I've been using Indacoin for some months and I am satisfied with service, fees and mobile wallet.

It is necessary to observe, now there are many projects on the market) but there are almost no really promising

Sometimes, such new projects in which everything is briefly and clearly written out, are successful after the first start.

I agree, but much still depends on the advertisement itself, through which channels, let's say it works

I like the fact that there are mobile applications for platforms, now very few people do this

I want to say that every day more and more open mobile applications for cryptocurrency. It is convenient and practical to use.

Simply it is convenient to check through your mobile device, as it is always in your pocket

I appreciate your UI, it looks attractive.
How did you raise money? Did you have ICO or are you going to hold ICO/IEO ?

Folgory is part of the Hashfort, a company licensed for trading crypto and financial services, and folgory is the first crypto bank, with wallet European iban, possibility to buy and sell in real time, online buy and sell cryptocurrencies with payments at 0% fee.

The guys just have to spend for their project IEO, now all projects are doing to attract investors

I notice that there are more and more projects in the market, with some new trends, this is good, and now nobody does ICO at all.

Real-time sales are very cool, and 0 percent is also a good deal.

Hi Guys, 0% fee is for the merchant account. If you have a store or want to accept payments with our tools, you receive without fee, compared to many others who make 1%, see bitpay or others. You can register your merchant account here https://folgory.com/business

If you need more info, check out our faqs here https://support.folgory.com/hc/en-us/sections/360000490018-FAQ

If you need api developer you can consult here https://support.folgory.com/hc/en-us/sections/360000512438-API-Developers

If you need a secure wallet with insurance, a trading system with liquidity and a buy and sell from fiat to crypto and vice versa by purchasing with your credit card or bank transfer, you can register on https://folgory.com

Folgory Team

Very pleasant conditions for you to use, you will need to check everything in practice.

I think that 0% is a great deal. There are very few such platforms, they always overestimate the percentage and then no one wants to use them.

Well, here the project is more for the benefit of people; on the contrary, it’s good that there are such projects on our forum

The main thing that the platform itself realized in the future, now everything just seems in words

I personally like the project, but a lot of people just stopped believing in it, scam projects are getting more and more on the market

It’s just that the market is constantly changing and this is normal, there will always be both honest people and fraudsters, without this our world did not exist ;D

The implementation of the platform in the future is not so difficult. All the same, to date, projects that are related to cryptocurrency, reach heights in contrast to two years ago.

It is first time I see such service without launching any ICO. You provide wide range of opportunities, listing coins, trading, that's great! What is price to create token?

Now everything is just developing much faster than before, there are no more long projects.

In any case, in time, the guys will hold financial fees in their project, because no project will be able to live without investments.

Folgory looks very potential and it seems for me that soon you will compete with other services. What I like more is that you help to create token

Now the competition in the market is very high and it will actually not be an easy way for this project.

That's right. At the moment, most projects are either developing rapidly or are closing fast. It all depends on how unique it is.

First of all, I personally appreciate in the project this is his idea and ability to develop and work with the team.

According to own statistics, out of 10 projects are entering the market 1, competition is high :)

I really hope that this project will be able to compete with others, but it takes time for all this

Let's see what this project can show of itself in the future, it’s interesting to follow and understand how it will be developed.

Possible such an outcome of events in the near future. Because many projects that are actively developing become large companies.

Well, if you take into account the fact that cryptocurrency is growing in the market, then it is quite realistic that investments will be justified

What about volume on your platform at the moment and where do you get liquidity? Your service isn't so popular yet, where do you get money to compete?

Most likely the team should have its own cash reserve, that is, at this stage, only personal finances

But you can’t last long on personal finances on the market, because the expenses are very large at the beginning, and there is no income yet

To attract investment, you need to run an advertisement, this is a good way and it always works.

Of course, the investment pays off at least a year. And prices for cryptocurrency of course grow and fall.

You can invest your money so that even the investment will pay off much longer

It all depends on how the team will actively work in the market, attract investors through any paths.

To attract investors, you need to properly arrange the proposal, so that the person was interested.

Correctly you act. I have exactly the same opinion as you. Because the ability to work with a team and negotiate is not an easy thing.

Of course, you need to be able to properly offer your services, that is, the presentation should be for investors

What about price for listing on your exchange? Are you going to make IEOs on your exchange when you will get more popularity?

It’s too early to talk about prices for tokens, the project is still young and is just entering the market, so you have to wait

The price in the future will still change, everything depends on the team itself and how they will optimize the project, that is, the more often it updates, the faster everything will happen

IEO must be done, now every project is running this company, it attracts investors very well

Since IEOs are now everywhere, I hope the exchange will not list just any other project without investigating their background. Many projects are hiding their true motives from the public because they just want fast cash from potential investors. As IEOs can be seen now in every exchange, cheaters, scammers and the likes will start to be in the operations again.

You just need to understand that in today's market no one will give you a guarantee that by investing you will not lose your money.

Here I will argue with you. So how if I see that the project is interesting to people and many ask about it. I invest without thinking and, as a matter of fact, always stay in positive territory.

It is possible to create around the project just the most common HYIP, but in the end result will not be anything sensible

I agree. But sometimes even the slightest HYIP will have a positive effect on the development of project events in the future. There are not always disadvantages sometimes from such actions there are also pluses.

Can you try here https://folgory.com/listcoin

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is not our case, Folgory is group of Hashfort a company licensed and Regulated for this work

HYIP influences the fact that in the future the token will gradually have an increase in the market price

Do you plan to show photos of your team in the future? It would be interesting to see with whom we communicate

Hope you will add more trading pairs soon. In general I like your design, UI, concept and features. What I like more is that you've launched product without any ICO

Nowadays, basically everyone in the market spends ICO as everyone collects investments, almost no one has his own

Now, no one ICO holds, now a new trend in the IEO market, everyone is ready to show their finished product

I myself have been looking for a finished product on the market for a very long time, but there are almost no such, everything is at the stage of gradual development

How many users have downloaded your phone apps? as new users anyway appear through time

In order to see such statistics, you need to have Google analytics and a pixel facebook, unless of course the guys have tied it all to the application, but at least you can see the traffic

By the way, thanks to this scheme, sometimes the project becomes popular and so. I think that it will probably be the same here.

The fact that the project is becoming popular is good, but the main thing is that everything works well in the future and the team develops

To be honest, I have seen many such projects on the market and most of them have not lived for a long time, it all depends on the state of the market.

I wonder how many people are already interested in this project, I’m talking about those who not only write here, but also in general terms  ::)

On which platform did you download the application? And can you tell us how to use it? Liked?

There, the person says that he did not load the applications, but wondered how many people did this action.

I think guys you need mobile application for both android and ios users, now people prefer using mobile apps and it is competitive advantage.

Now most people use phones even for the purposes of cryptocurrency payments or trading on exchanges, so you need to focus on these criteria.

But to make it, you need to invest a lot of money there, but now it’s too early to talk about it.

If there is extra money for such development, then why not, it just does not need to be done first of all, there are many more other tasks that need to be completed

I would hold various conferences at the place of the team. Live communication is always a priority, just need to make a good presentation.

In the early stages of the project, no one buys a mobile application, only already experienced teams

https://news.bitcoin.com/pr-folgory-launches-mobile-app-and-regulated-crypto-exchange/

I discovered Folgory exchange today and their feature "Investment" caught my eye. https://folgory.com/investment-request/BTC
How can you guarantee 72% profit per year?? So if I invest 1 BTC, I will have 1.72 BTC after one year, correct? Please explain how can you offer such interest rates.

https://i.imgur.com/8WAU0zx.png

That kind of offer is too good to be true but in actuality, it will not happen. Theoretically, it may happen if the platform is gaining customers and they are doing good business. But if there are no enough clients on their platform, that kind of return is very far away. But let us hear from the team how can they convince potential investors regarding this high return...

I see that Dev hasn't been active on forum for a long time so can someone from the community share his experience with Folgory's Investment service. Are they paying you the promised interests and can you really cancel investment at any time and withdraw bitcoins?

Hi all!
I also want to talk about a little experience with this exchange.
I, like many others, drew attention to very attractive investment plans with 76% per annum. I tried to find various information on the Internet, but there is practically nothing. It seemed strange to me that such a young exchange got into the coinmarcetcap listing only in the second half of October 2019 and today (February 5, 2020) takes 12th place in daily turnover (Bitfinex is only 62).
I paid attention to their FLG token. At coinmarcetcap, the daily trading volume is around $ 3,000,000. I watched the FLG / BTC pair for about half an hour, the buy and sell orders remained unchanged, but the list of transactions appeared transactions at prices which were not in the orders. Other trading pairs have the same situation. Almost all trading activity on this exchange is not real trading, but a volume increase.
I wanted to find real users of the exchange so that I could communicate with them and find out their experience with this exchange.

On their website there are links to Telegram, Twitter and Discord. I tried to find a chat in the Telegram, but the exchange has only a contact for news and announcements, there is no chat for communication.
Then I followed the link to Discord and got into the chat. There I said that I want to chat with real users of the exchange. After a couple of minutes, a user appeared with some kind of investment question. In order not to escalate the panic, I went to him in a private chat and asked him about his experience on this exchange. Then I talked about my fears about the volumes generated and the lack of real deals. Immediately I was banned from the general chat and blacklisted by Folgory.com and all connected to this chat. So I became even more afraid of investing in them. ???

Thanks for this well-written post, Mario. Folgory has approached our community, and I also am looking to talk to folks with first-hand experience of Folgory

yes is all correct

The investment is guaranteed. We work in liquidity and take profit fee from other exchange.
You can test with small amount without issue.
We have launched also Mining cloud investment > https://folgory.com/mining

Dear,

I am trying for months now to withdraw some of my Vitae funds. Wallet was always in maintenance, support doesn't even answer anymore and now i traded some ot the Vitae to BTC and i am now in waiting for KYC Video approval for more then a week.

This all sounds not very promissing and i am very disappointed in Folgory and will never use it again once i get my funds back (If i even can ?).

Kevin

Do you want to withdraw with profit or without? If I may ask.

Maybe there is no liquidity? Just guessing.

Definitely typical if the wallet user is not owning his private key. Not good. Third party. Trust is not so easy. See WireCard.

Somehow I feel like exchanges have a lot of work to do. Or atomic swaps on the blockchain via lightning come first. This would have implications for exchanges for sure as then the blockchain itself or off chain smart contracts would be the exchange. No third party exchange needed.

I am just speculating of course. Who knows future?

I think Folgory is the biggest exchange scam in History!! The last 10 days, since Sept 14th 2020, they have stolen the coins from many accounts and then these accounts were banned. No one can contact with them. They request for additional video verification but this process is impossible to be completed due to the fact that upload documents are disabled. We have the screenshots with the balances of the accounts before and after. No one gives a damn over there. the last 3-4 days the sepa transfer option just disappeared from their website.
They are common thieves. One of Folgory's directors, has been accused by the Italian Justice for financial criminals since 2014.
They have also developed an Ltd (Hashfort) in U.K with only one director who is 77 years old.

On their website there are links to Telegram, Twitter and Discord. I tried to find a chat in the Telegram, but the exchange has only a contact for news and announcements, there is no chat for communication.
Then I followed the link to Discord and got into the chat. There I said that I want to chat with real users of the exchange. After a couple of minutes, a user appeared with some kind of investment question. In order not to escalate the panic, I went to him in a private chat and asked him about his experience on this exchange. Then I talked about my fears about the volumes generated and the lack of real deals. Immediately I was banned from the general chat and blacklisted by Folgory.com and all connected to this chat. So I became even more afraid of investing in them. ???
[/quote]

Folgory is a huge scam and all of these guys over there are going to face justice. They have stolen coins from users accounts and banned them after that. The Italian "singer" has been accused for financial criminals in Italy since 2014, wondering why he is not in jail yet. His time has come. Also the time of other officers has come.
Either they send back people's coins or they are going to face jail.
it's up to you Folgory guys.

I discovered Folgory exchange today and their feature "Investment" caught my eye. https://folgory.com/investment-request/BTC
How can you guarantee 72% profit per year?? So if I invest 1 BTC, I will have 1.72 BTC after one year, correct? Please explain how can you offer such interest rates.

https://i.imgur.com/8WAU0zx.png
[/quote]

yes is all correct

The investment is guaranteed. We work in liquidity and take profit fee from other exchange.
You can test with small amount without issue.
We have launched also Mining cloud investment > https://folgory.com/mining
[/quote]

The exchanger and cryptowallet from the same people

https://www.bestchange.ru/mercuryo-exchanger.html (https://www.bestchange.ru/mercuryo-exchanger.html)

This is fraud company. After depositing money, they block account and ignoring support tickets. They don't have any contact details. I lost my hard earned money. They sending fake video kyc link which is not opening. I lost doge coin. I write negative review on twitter facebook google play store and trustpilot

After I made deposit of 0.3 BTC they stop answering tickets and blocked my assets. Do not use this exchange!

Report them on Play Store, bitcointalk truatscore, trustpilot website.

It seems that a reputable newspaper called Coingeek is looking to collect testimonials from users about their "experiences" with exchanges or fraud so that they can continue to expose the fraudsters in the crypto environment... Thus feeding the "Crypto Cartel" section of their media.

Maybe CoinGeek can help us: