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Author Topic: New projects plan from the very start  (Read 651 times)
wxa7115
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September 26, 2019, 05:08:35 PM
 #61

It's so disheartening that most project devs will raise reasonable funds from token sale, after that they list on exchanges with low trading volume not considering investors. Well, some developers do IEO on reputable exchanges with renowned trading volume and even list on other good exchanges  bringing more liquidity to their coin. Without a good team, even with an excellent project aim, the whole ideology will be waste of time and investors' funds.  
This show us that they only care about themselves and about the profits that they can get by initiating a project that they know deep down that will fail, just look at bitcoin, Satoshi Nakamoto created bitcoin and he did not needed any kind of funding to release his coin and that was because he cared about the community and he was releasing something really original that was never done before.

However all of those that are creating altcoins in this market do not really care about the community and they only care about the benefits they can get out of the project they are releasing so it is not really surprising that developers do not really mind if their coins are listed in good exchanges or in bad ones with no volume.
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September 26, 2019, 05:42:19 PM
 #62

I think they have planned this from the beginning, which mean that is flow chart for a scam project. We know that devs are people who understand about crypto, then they using their knowledge to get money from innocent investors or newbie.
And buyers should be careful if want to buy an ICO, dont think just bought an ICO they can doubled money so easy, and don't trust every marketing before you know what the project exactly.

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manok jepang
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September 26, 2019, 08:02:03 PM
 #63

It is undeniable that so many new altcoins have emerged so far, the potential for fraud in the guise of altcoins (investment, ICO and market trading) is also huge. With a total cryptocurrencies of 2,899 and Market trading of  20946 (source: https://coinmarketcap.com) it is possible to trigger trading activities based on price manipulation in order to obtain profits made by certain groups.

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September 26, 2019, 09:12:06 PM
 #64

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.
To take attraction of investor with discount price, this is the common system in cryptocurrency. I really hate the fake announcement, when declare that IEO was successfully completed. Then exchange listed but volume is few thousands dollar and price is almost 1000% down.
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September 27, 2019, 01:53:11 AM
 #65

Listing the coin on shit exchange is like killing the project i guess.
It will be a waste if a good project with a good amount of money raised, listed on no good exchange.
A good project should list their token on a good reputable exchange as well.

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acdc
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September 27, 2019, 02:11:51 AM
 #66

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.
Exactly. This is how the current new project works. Try to attract the attention of investors and after completing the IEO they will disappear slowly and exit scam


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mamahdedeh
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September 27, 2019, 03:44:16 AM
 #67

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.
To take attraction of investor with discount price, this is the common system in cryptocurrency. I really hate the fake announcement, when declare that IEO was successfully completed. Then exchange listed but volume is few thousands dollar and price is almost 1000% down.
but indeed strangely there are still many who are interested in the promotion system. many of the investors are fooled that way. many of them are new investors so they don't know about the dev strategy used. in the hope that the price at the time of listing will be the same as the IEO price and they are already profitable with a discount, but it turns out that the dump price is very deep

aioc
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September 27, 2019, 04:08:16 AM
 #68

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Yes that's true planning is several months before, but there are a lot of instances that they are in a hurry to create crowdfunding, even to the extent of copy-pasting their whitepaper and doing photoshopped their team members and they include experts without permission.

At this point in time, you cannot pull out a scam project without making your project looks very good in the eyes of the investors.

terrorJR
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September 27, 2019, 08:33:26 AM
 #69

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.
To take attraction of investor with discount price, this is the common system in cryptocurrency. I really hate the fake announcement, when declare that IEO was successfully completed. Then exchange listed but volume is few thousands dollar and price is almost 1000% down.
but indeed strangely there are still many who are interested in the promotion system. many of the investors are fooled that way. many of them are new investors so they don't know about the dev strategy used. in the hope that the price at the time of listing will be the same as the IEO price and they are already profitable with a discount, but it turns out that the dump price is very deep

That is what I often see when I enter the stock market instead of in accordance with expectations, I better look for an IEO that has no bonuses but is stable when on the exchange.

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coin-investor
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September 27, 2019, 08:46:56 AM
 #70

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

Yes, it is, they are very good at it in fact they planned it months before they launch their ICO, this what makes investing in ICO so hard now, you never the project looks very good, the marketing is great everything looks ok, until they got funded and stop updating their investors and supporting and makes you wonder, why when this is one looks legit.

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September 27, 2019, 08:55:28 AM
 #71

You're right. They collect IEO or ICOs money, stash their pockets lost on exchange without liquidity on the first day of listing, project dies off gradually communication stops on all social media outlet.
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September 27, 2019, 08:58:39 AM
 #72

1. Attract investors with good discount price
2. Make enough money from IEO fund raising
3. Use very low fund to list on shit exchange
4  Abandon the project slowly

This is all planned from the beginning....

Now the question is which developer doesn't know that listing on low exchange won't do any good? are devs that stupid? no they are not,infact they are the ones that understand more about crypto that any other.

You got it spot on sir. That seems to be exactly how every scam ICO or coin operates. The sad part is that people never learn and always fall for the hype. The only thing we can do is keep posting things like these so that hopefully more people will be aware and avoid these scams like the plague.

So here is a bump for you good sir! Keep it up.

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September 27, 2019, 09:05:13 AM
 #73

The fault is all on the developers, after raising huge money from ico or ieo they end up listing on bad exchanges, would be better even if half of the money they made are been used to list on good exchange, even if production become very slow atleast liquidity will be alive

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wxa7115
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September 30, 2019, 04:28:27 PM
 #74

Listing the coin on shit exchange is like killing the project i guess.
It will be a waste if a good project with a good amount of money raised, listed on no good exchange.
A good project should list their token on a good reputable exchange as well.
That is definitely a bad sign, however many people do not see it that way because they are desperate to be able to trade their coins in any platform regardless of the reputation of the exchange in which the coin is being listed, so whenever this happens you can see that people are really happy and they begin to make all kind of speculations about what the future of the coin will be and as you may guess since they are investors of that coin most of the time they think they will get huge profits.

But what will happen is that those that are holding huge amounts of that coin are going to do everything in their power to get out of it as fast as they can crashing the price of the coin and the hopes of all of those that invested in that project.
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