It seems oversold, what surprises me is that anytime it bounce back a little, it move down very hard, nobody can actually predict when this market direction will change it has been going sideway several months.
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Today is a very sad day for me ... just when I was thinking the crypto space is on its way to its formal glory ... here we are again... the market is red and over 15 percent down...
How do we free crypto from the hands of whales.. manipulating the market??
Don't be disturbed by continuous market downtrend that has been the situation of the market since last year, hopefully things will turnaround for good. Many people have lost hope but when things change they will come back.
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Scammers aren't fed up of deceiving innocent newbie, because i am sure that it is only noobs that can invest in these kind of project thanks for warning forum member this will help innocent people who are not aware.
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For me bitcoin is my number one cryptocurrency and will always be until another coin can replace it from the number one spot. We always want to follow the winning team it is obvious many people will also pick bitcoin ahead of other cryptocoin.
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In the near future, all coins that talk about their privacy and anonymity of transactions will have very big problems with the Regulatory Authorities. Already, the SEC has taken on a decentralized exchange, I think that soon it will come to anonymous cryptocurrencies. No government will allow ordinary people to send money anonymously somewhere, they need full control!
It sound like cryptocurrency will never be decentralized anonymity is the purpose of blockchain technology, with interference of government the purpose will never be accomplished. I think coin like this are needed, i will see how BEAM will try to replace zcash.
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I feel very confused,some people say desico is scam but the dev team in the group is still active. but the fact is that Desico did not pay bounty hunters and that was very unfair
That is not a good yardstick to know if the STO is a scam or not the dev is active because they haven't achieved their aim which is to collect more money, what can you use to quality someone that do not pay you for service you rendered based on agreement you had which is that you will be paid for the service when your work is completed.
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That is true i have also missed swap of some coin but i have learnt from my mistake the problem is not following a channel where first hand information can be gotten like telegram, after my first mistake i have always make sure of following social media of coin i am holding to avoid reoccurrence.
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This token won't be listed until 2020 that is strange and you are crowd founding, what will be the benefit of investors who trust you will there money till 2020. Lastly you do not have a channel where investors can communicate with you directly for example telegram chat group i don't trust project like this.
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In short term no in long term yes ethereum can even perfume better in a bull run market as of yet there is no sign of bull run that is why long term prediction of such price is feasible.
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Developers that behaves like that had such intension before the beginning of the project no real developer will abandon a project he or she has plan for. Therefore we can conclude that any developer that refuse to fulfill his or her promise is a scammer.
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#### Proof of Authentication #### Bitcointalk Username: olatunjex Telegram Username : @olatunjex1 Campaign: signature & medium
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There is actually no difference between STO and ICO i use to think there is difference an example of that is DESICO claiming to offer security token, they are selling ico in the name of sto also they didn't register under any regulatory body. The truth is STO and ICO is the same the difference is just change of name.
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DURING BOUNTY CAMPAIGN
This is from your team when we were working
Ingrida Willems DESICO Community Manager
✅ IMPORTANT INFORMATION REGARDING DESICO KYC FOR BOUNTY PARTICIPANTS.
✅ BOUNTY ended on November 8th. Please contact @ibgceo regarding count of stakes.
✅ We ask you to complete KYC and AML procedures AFTER the DESI token sale first round finishes on November 30. We will then be able to allocate more time to you and guide you through KYC if you experience any problems.
✅ DESICO KYC will be open until token distribution which is set on the beggining of February 2019. KYC/AML procedure will be required in order to claim earned tokens, the same at it was when we were planning to have DESI utility token crowdsale. It was announced in bounty conditions
AFTER BOUNTY CAMPAIGN
Ingrida Willems DESICO Community Manager: Dear participants of DESICO bounty,
As you all know DESICO was aiming to carry out an ICO followed by all its components, including Bounty campaigns. The crypto markets in 2018 clearly showed that ICOs have failed their mission. The ICO process is full of fake identities and scamming. The biggest majority of utility tokens never bring profit to investors after the listing. Companies used ICOs as a fund-raising mechanism, not because their tokenomics needed a utility token. That’s why most of the utility tokens issued are below their initial capitalization.
Anticipating the situation of fake promises in ICO model, DESICO made a decision to switch from ICO to Security token offering (STO). STO is a strictly regulated offering that provides investors with ability to invest in tokenized securities. Investors need to pass KYC and AML procedures along with provision of proof of their identity, residence address as well as indication of their income source. Current regulation across the globe does not provide possibility to issue and/or distribute security tokens if they were not paid for.
DESICO decided to be fair to people who participated in its bounty campaigns by admitting the failure of ICO process. DESI token is a security token. Therefore, DESI security tokens cannot and will be not distributed to bounty participants. We will also not issue and distribute utility tokens that will have no value in the market.
We are grateful to each of you who took part in campaigns and spread the message about benefits of security tokens. We express our sincere apologies to all participants. We believe that the efforts that all of you and DESICO put into spreading the word will still contribute positively to stabilization of overall crypto market.
DESICO team
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DURING BOUNTY CAMPAIGN
This is from your team when we were working
Ingrida Willems DESICO Community Manager
✅ IMPORTANT INFORMATION REGARDING DESICO KYC FOR BOUNTY PARTICIPANTS.
✅ BOUNTY ended on November 8th. Please contact @ibgceo regarding count of stakes.
✅ We ask you to complete KYC and AML procedures AFTER the DESI token sale first round finishes on November 30. We will then be able to allocate more time to you and guide you through KYC if you experience any problems.
✅ DESICO KYC will be open until token distribution which is set on the beggining of February 2019. KYC/AML procedure will be required in order to claim earned tokens, the same at it was when we were planning to have DESI utility token crowdsale. It was announced in bounty conditions
AFTER BOUNTY CAMPAIGN
Ingrida Willems DESICO Community Manager: Dear participants of DESICO bounty,
As you all know DESICO was aiming to carry out an ICO followed by all its components, including Bounty campaigns. The crypto markets in 2018 clearly showed that ICOs have failed their mission. The ICO process is full of fake identities and scamming. The biggest majority of utility tokens never bring profit to investors after the listing. Companies used ICOs as a fund-raising mechanism, not because their tokenomics needed a utility token. That’s why most of the utility tokens issued are below their initial capitalization.
Anticipating the situation of fake promises in ICO model, DESICO made a decision to switch from ICO to Security token offering (STO). STO is a strictly regulated offering that provides investors with ability to invest in tokenized securities. Investors need to pass KYC and AML procedures along with provision of proof of their identity, residence address as well as indication of their income source. Current regulation across the globe does not provide possibility to issue and/or distribute security tokens if they were not paid for.
DESICO decided to be fair to people who participated in its bounty campaigns by admitting the failure of ICO process. DESI token is a security token. Therefore, DESI security tokens cannot and will be not distributed to bounty participants. We will also not issue and distribute utility tokens that will have no value in the market.
We are grateful to each of you who took part in campaigns and spread the message about benefits of security tokens. We express our sincere apologies to all participants. We believe that the efforts that all of you and DESICO put into spreading the word will still contribute positively to stabilization of overall crypto market.
DESICO team
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Desico team promised to pay hunters for work they offer but after the work is done they go against the agreement we had What is the tendency they will deliver what they promised investors If you are an investor please be wise and don't buy second round cut your loss
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Desico team promised to pay hunters for work they offer but after the work is done they go against the agreement we had What is the tendency they will deliver what they promised investors If you are an investor please be wise and don't buy second round cut your loss
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So if they think it's a security and they cannot pay bounty hunters in their tokens why don't they pay them in ETH or something else that isn't in their tokens. That shows why we need regulations on bounty hunting at crypto forums. People just manipulate people so much and that's because we as hunters don't have a say. Well, we wish their project well for doing that. And one funny thing is that they didn't tell them when they initially switched, they just wanted people to work for free.
The funniest is that after switching to STO they still ask hunters to continue with their work by extending their bounty campaign for another 4weeks.
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DESICO is giving thank you for 11weeks work, sound stupid and unbelievable i hope they rethink that decision.
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looks like a classic example that we really need an escrow to make all these work for us. i am in their telegram and don't know for sure if the announcement indeed comes from the admin but what they said was that because its STO, they can not pay the bounty hunters as dictate by the law. how fuckedup could that be for the participants? worse was that they collected KYC.
polymath is more compliance than DESICO still they airdrop tokens and paid for their advert.
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The rate at which team are manipulating bounty hunters is so alarming, how can you explain this This is a post from desico team after bounty hunters have worked for 11 good weeks Ingrida Willems DESICO Community Manager: Dear participants of DESICO bounty, As you all know DESICO was aiming to carry out an ICO followed by all its components, including Bounty campaigns. The crypto markets in 2018 clearly showed that ICOs have failed their mission. The ICO process is full of fake identities and scamming. The biggest majority of utility tokens never bring profit to investors after the listing. Companies used ICOs as a fund-raising mechanism, not because their tokenomics needed a utility token. That’s why most of the utility tokens issued are below their initial capitalization. Anticipating the situation of fake promises in ICO model, DESICO made a decision to switch from ICO to Security token offering (STO). STO is a strictly regulated offering that provides investors with ability to invest in tokenized securities. Investors need to pass KYC and AML procedures along with provision of proof of their identity, residence address as well as indication of their income source. Current regulation across the globe does not provide possibility to issue and/or distribute security tokens if they were not paid for. DESICO decided to be fair to people who participated in its bounty campaigns by admitting the failure of ICO process. DESI token is a security token. Therefore, DESI security tokens cannot and will be not distributed to bounty participants. We will also not issue and distribute utility tokens that will have no value in the market. We are grateful to each of you who took part in campaigns and spread the message about benefits of security tokens. We express our sincere apologies to all participants. We believe that the efforts that all of you and DESICO put into spreading the word will still contribute positively to stabilization of overall crypto market. DESICO team It is high time will reject injustice from all team manipulating bounty hunters Link to above post on the forum https://bitcointalk.org/index.php?topic=5092272.new#new
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