After reading more into this project, the only plus I think they have to their advantage is that they are located in Vietnam, but the question still remaining thesame, are people from Vietnem forgo Binance for BCNEX, we still need to wait and see also with the craze of IEO, the team si struggling to raise capital, this is not good for the project
vietnam is a great choice and regarding Binance i still believe they can carve a niche for themselves, with time they can grab a good share of the market I personally believe that every project has a life cycle and within the life cycle there's a stage of decline and death. In my opinion, binance is on its stage of decline, the trust it held as the biggest cryptocurrency exchange in the world, came to halt after the hack incidence. |
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This is my first day in crypto world, looking for few good projects. I visited the rating sites and then checking project with 4+ rating.
Hiway also received good rating so came here to see what others say about hiway.
I must say welcome to the Crypto world. The Cryptocurrency industry is very dynamic and flexible. You made a very good decision to check what people are saying about the project before making a decision. That's what you must always do to avoid getting burnt in this space. Welcome ones again, I do hope you enjoy your journey in this industry. Exactly, Before making any actions or decisions specially if you're going to risk something that you are not really afford, you must study, read, learn, and make more efforts to make it sure. In this industry, learning and studying should be consistent and continuous, every experience is necessary to have an all round understanding of the market. The industry is for those who are willing to develop a mind of scepticism by testing all truth and information before arriving at your decision. |
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This is my first day in crypto world, looking for few good projects. I visited the rating sites and then checking project with 4+ rating.
Hiway also received good rating so came here to see what others say about hiway.
I must say welcome to the Crypto world. The Cryptocurrency industry is very dynamic and flexible. You made a very good decision to check what people are saying about the project before making a decision. That's what you must always do to avoid getting burnt in this space. Welcome ones again, I do hope you enjoy your journey in this industry. I'm in agreement with your opinion on avoiding getting hurt. It's wise for every newbie to know that the cryptocurrency space is highly volatile and there's no guarantee for any project to do well, neither is there guaranteed high return on investment. One needs to be very careful in making investment decisions. My own take on investment in this sector is investing only the amount you're willing to loose. It would be unwise to invest an amount that would be of immense lose to you if an unpleasant circumstance comes to play. Its always good to note that the amount invested shouldn't be of immediate need to you. The funds you need to pay your bills shouldn't be invested in cryptocurrency. |
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Dear friends, we understand the problem created by a currency Sucremoneda, months ago the person in charge of that currency contacted us seeking to pay us to leave the Sucrecoin project that was created long before his project, We have done our work in a very organized way, Our CEO is in Colombia giving talks of blockchain education, and being part of a group of technology development, We Are Sucrecoin, and we have done all our project with the same dedication and dedication with which we started it.
I understand you're dedicated to the project development and I guess your ceo does not intend to back out from the project. I would like to know the motive of sucremoneda to pay you out of sucrecoin? |
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They said they are sending emails and getting feedbacks.
Do you think most investors would want out? Or continue with investing in the project? 🤔
With the extent of delays on the project, its obvious that so many investors are disappointed, but personally for me, I still believe that the project can fulfil its vision. They only need to re-strategise and come up with a good plan. We've been waiting for the team to give updates on the way forward, but it's not forthcoming, I believe if the team could up with a logical and sound strategy, investors would be willing to support them and kick start the project. What type of email project team is sending? They're checking with investors if they want their money back? I personally don't know about the emails that is being sent, though I heard something of that nature lately. But I believe that if the team wants to refund their investors it would be announced publicly and not via emails as there's no point being confidential about something that is applicable to everyone. |
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Hey. Are there plans for an airdrop or a reward company ? I would like to receive tokens of your project .
Do you still think airdrop is worthy? Better to check project in detail and if you think it's good to invest then buy directly. Only the better and trusty projects airdrops are worthy. But its impossible to find it out during the airdrop period. Even if we found any good project, still we are getting max 5 USD worth tokens in airdrops. Find good project and invest some money to enjoy better benefits. It's agreeable that most projects give negligible sum for airdrop but few projects are challenging that as a project like hydro gave a whooping 222,222 tokens per participant and those with referrals got much more. This token sold for over $4,000 at its peak. |
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I’ll like to see what BCNEX would offer the world by exchange of cryptocurrencies. Have you been rated by any of the top ICO rating projects? I’ll like to know what’s your rating?
I've personally not been able to make any findings about Bcnex ratings on ICO rating websites but the figures speaks for itself. Bcnex ICO has been successful and the community are satisfied with the results of the project. |
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There are actually a couple group projects that have not been listed on any exchange at all. But they are great projects. Raised a few thousand dollars and already has a working product. Would be great to know that BCNEX has a plan to list these projects and provide a kind of liquidity.
I guess there should be a standard procedure for listing projects on BCNEX, projects don't get listed simply because they are great, they need to go through the hurdles required to get them listed on BCNEX. I'm certain bcnex has a valid standard for listing projects and would ensure that every project goes through the listing process. Bcnex should also have a structure for detect promising projects, this would be very useful. For new exchanges, this is always a problem. You need to find high-quality projects and make a listing for them. But how to distinguish high-quality projects from projects that are not well proven should be some kind of analytical department that will check all projects that want to place their tokens on the exchange. There's actually no perfect method for checking a promising project. At best the exchange will run through a checklist of most likely outcomes of a successful business. It doesn't still guarantee |
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Am personally pleased with the hardcap of the project, which is a total of $700,000. This is attainable from my standing point and with a token rate of only $0.04, its a good buy for investors.
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They said they are sending emails and getting feedbacks.
Do you think most investors would want out? Or continue with investing in the project? 🤔
With the extent of delays on the project, its obvious that so many investors are disappointed, but personally for me, I still believe that the project can fulfil its vision. They only need to re-strategise and come up with a good plan. We've been waiting for the team to give updates on the way forward, but it's not forthcoming, I believe if the team could up with a logical and sound strategy, investors would be willing to support them and kick start the project. |
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There are actually a couple group projects that have not been listed on any exchange at all. But they are great projects. Raised a few thousand dollars and already has a working product. Would be great to know that BCNEX has a plan to list these projects and provide a kind of liquidity.
I guess there should be a standard procedure for listing projects on BCNEX, projects don't get listed simply because they are great, they need to go through the hurdles required to get them listed on BCNEX. Exchanges are making huge trouble these days as well. Most prominent ones are asking for huge money as well. Am in agreement with your view, it's on record that exchange like binance charge about a million dollars to list projects. That explains why projects without strong finance base can't get listed on top exchange. Am in support of the position that Bcnex should have a listing structure. |
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Well its good to see that mine block is maintaining transparency and I acknowledge that but if the token sale is taking more time than what it was expected i am concern and hoping that should not influenced or impact the investors and other person involved into this project.
I think the problem here is the fact that team have refuse to move on with a better plan. I check the telegram group daily even now but I don't see any new progress or announcement. Paul what's the new plan? That's true, I am also visiting daily in their social network but couldn't found anything about new plans. I think still they are working on it and may be we will see soon something new from them? That's the best we can get for now. We just have to believe that the team are on the drawing board trying to decipher the best move to make to ensure that they can deliver the yearnings of the community and reach the projects softcap. |
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Less reply from the team on bitcointalk. Seems they are busy with the exchange. Does the team have a plan for an iOS or android application?
We will release the mobile app in Q4 2019.
All the exchange should launch mobile apps as those are more popular compare to website. BCNEX can't ignore this, good they have planned for the same. It's really awesome and good to hear that they are launching mobile app soon. But have one question, is that app is supportable for iOS and Android both versions? The mobile app should be compatible with both versions and phone brands but I guess the android version may be released before the ios version. This will help to give sufficient time for testing and re-testing. |
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As i went through the BCNEX website i found they mentioned Hardcap is reached stating 38.78% i think it should be soft cap instead of hardcap.
They meant that 38.78% of the hardcap has been achieved. Which is correct. The soft cap is $2m while the hardcap is $30m. The information on the website meant that 38.78% of $30m has been received which is about $11.634m. From the computation the softcap has been long achieved with an excess of over $9m. BCNEX Tran talked about a new investing team, that has the interest in investing a huge amount in the exchange project. And that was the reason for the increased hardcap. Well, what now? I guess the investing team is yet to make the substantial investment as there hasn't been any noticeable changes in the hardcap for a while now. We still have about 3 more weeks before the end of tokensale, let's see how it goes. yeah, its about to end for this 3 weeks , but i guess that the team will adjust the end of token sale or extend it more further. Just my opinion, because there are many projects who made a point like this and extend it. Let us see what is team members/admin move. I personally don't think extension is the best option if the hardcap is not attained. The team should be able to start the trading platform and utilize the amount made by the exchange to continue their project. Investors are not happy with the increase in hardcap and extending the launch date for the exchange would be abysmal. Am in agreement with your posting, no further extension is needed as the softcap has been reached. We await the investors who necessitated the increase in hardcap and if they don't show up we assume there no required and make do with the funds at hand. |
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Well its good to see that mine block is maintaining transparency and I acknowledge that but if the token sale is taking more time than what it was expected i am concern and hoping that should not influenced or impact the investors and other person involved into this project.
I think the problem here is the fact that team have refuse to move on with a better plan. I check the telegram group daily even now but I don't see any new progress or announcement. Paul what's the new plan? The team hasn't refused to move to a new plan, you'll agree with me that the previous decisions of the team hasn't really gone well for the project. I believe they need more time to figure out the best possible plan as most stakeholders are getting impatient with the project. |
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A brief update of where we are:
- the MBTU IEO on DCoin was a farce, they faked the progress in both rounds, moved the progress bars along manually to make it look like they sold most of the tokens available when in reality they sold hardly any. We are waiting for them to provide a full report (their key staff don’t work weekends)
- The MBTX sale is still available, we had slated an end date of the end of May but we haven’t hit the soft cap yet. We are getting a lot of interest from private investors still, now the markets are improving but nothing is finalised yet.
- We believe we have a great project here, we can deliver a truly reliable service if we can raise the required funds.
- We intend to email everyone who has invested personally next week to see how they would like to proceed and will publish a formal update after that.
Thank you for your support so far and hopefully going forwards
#FullTransparency #BrutalHonesty
The tokensales is taking too long and investors are getting impatient with the turn out of events. This project tokensale started since last year, if am not mistaken, and there's obviously nothing to show for it. They've been several methods employed to raise funds and nothing seems to be working. It's quite disappointing, but I trust that the team are still working assiduously to complete the tokensales. One truth I know about blockchain industry especially the crypto industry is the fact it is the least place you will find patience as key thing, delays such as this are not good for any project. I think the best way to savage this situation is list in any reputable exchange to gain volume so they could process with other development from here. I wish listing in reputable exchange is free, that option would have been the best for the team to adopt, but since fund is required to make any move towards listing, all hands has to be on the deck to get the softcap of the project. Without the project reaching it softcap, am afraid they can't do anything. |
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