Show Posts
Hi everyone,
Just so everyone does not think this is a scam - here is my 4 ETH refunded back to me by TraDove.
https://imgur.com/a/IQUQu
I have reinvested this back into TraDove now as they have given me the confidence this is not a scam...
I came to this conclusion by thinking what are the green flags and what are the red flags?
The only red flag to most people is the fact that there was one 4chan member stating this was a scam due to the fact the ICO funds were immediately being moved to hundreds of different wallets.
The reason is fairly simple - the ICO funds (as confirmed when emailing Kent) have been moved onto CoinBase after they hit the TraDove accounts. Doing this is much more secure than storing the funds of an ICO in a single wallet. CoinBase spreads large amounts of funds into multiple wallets - however this is done in the backend of CoinBase - it is a blockchain security feature to spread risk, so if one wallet is compromised, the loss is minimal. Remember when Bittrex was hacked? This is because Bittrex did not do this - they had far too many funds stored in a single wallet point containing millions of dollars worth of Bitcoin. So, this is why you are seeing funds moved from the TraDove ICO wallets into CoinBase and then CoinBase moving them in the backend into Binance wallets.
The only other red flag I can see raised by people is the poor grammatical skills on parts of the ICO website - please remember that the CEO of TraDove is Chinese and sometimes there may be slight spelling errors due to English being a second language - hardly a red flag in my view but I can see how others may interpret that.
Now if anyone has any other issues they would like to bring up I am more than happy to try and get answers for you or even answer them myself.
Finally, I am not in any way affiliated with TraDove, but I went through the entire range of emotions by investing, asking for a refund when I panicked and now am 100% back on board.
Thanks everyone
Just so everyone does not think this is a scam - here is my 4 ETH refunded back to me by TraDove.
https://imgur.com/a/IQUQu
I have reinvested this back into TraDove now as they have given me the confidence this is not a scam...
I came to this conclusion by thinking what are the green flags and what are the red flags?
The only red flag to most people is the fact that there was one 4chan member stating this was a scam due to the fact the ICO funds were immediately being moved to hundreds of different wallets.
The reason is fairly simple - the ICO funds (as confirmed when emailing Kent) have been moved onto CoinBase after they hit the TraDove accounts. Doing this is much more secure than storing the funds of an ICO in a single wallet. CoinBase spreads large amounts of funds into multiple wallets - however this is done in the backend of CoinBase - it is a blockchain security feature to spread risk, so if one wallet is compromised, the loss is minimal. Remember when Bittrex was hacked? This is because Bittrex did not do this - they had far too many funds stored in a single wallet point containing millions of dollars worth of Bitcoin. So, this is why you are seeing funds moved from the TraDove ICO wallets into CoinBase and then CoinBase moving them in the backend into Binance wallets.
The only other red flag I can see raised by people is the poor grammatical skills on parts of the ICO website - please remember that the CEO of TraDove is Chinese and sometimes there may be slight spelling errors due to English being a second language - hardly a red flag in my view but I can see how others may interpret that.
Now if anyone has any other issues they would like to bring up I am more than happy to try and get answers for you or even answer them myself.
Finally, I am not in any way affiliated with TraDove, but I went through the entire range of emotions by investing, asking for a refund when I panicked and now am 100% back on board.
Thanks everyone
Been following this ICO for weeks. Im definitely convinced this is NOT A SCAM. Do your Own Research guys. I have found its these under-hyped ICO's that have the best return on investment. Thanks to @modano182 for his comments and research on this and as a fellow Aussie trying to filter the BS from the truth your research is appreciated. Im going in on the pre-sale with intentions of medium to long term hold.
