lazygin001 (OP)
Member
 Offline
Activity: 98
Merit: 10
|
 |
October 14, 2017, 12:38:25 PM |
|
Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
|
|
|
|
|
|
|
|
|
|
|
|
|
|
"You Asked For Change, We Gave You Coins" -- casascius
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Phalo
|
|
October 14, 2017, 01:00:20 PM |
|
I don't know if this is a scam coin or not but what I do know is that prices for tokens, coins even Bitcoin fluctuate. So the fact that the price has dropped is not enough evidence that a token is a scam. I say do your due diligence.
|
|
|
|
|
overlooker
Jr. Member
Offline
Activity: 58
Merit: 10
|
|
October 14, 2017, 01:00:59 PM |
|
hard to say yet... the airdrop mechanism is wierd, but it could protect the price for a while. you cant sell the airdropped coins yet anyway. we will se what the price will do when (if) people are able to sell those coins, till then, dont panic
|
|
|
|
|
|
mysacrifice
|
|
October 14, 2017, 01:13:26 PM |
|
it is early to say what it is. they have written that we'll be able to sell our tokens in December, only that time we will understand what is it all about.
|
|
|
|
|
|
cryptolerant
|
|
October 14, 2017, 01:25:32 PM |
|
I have also registered like many of you and I'm also wondering what is that really, is it scam or not. I hope it is not.
|
|
|
|
|
Blakscorpion
Full Member
Offline
Activity: 215
Merit: 100
CryptoFan
|
|
October 14, 2017, 01:28:31 PM |
|
Untill you put money in it, it can't be a scam, because by definition, airdrop is free money. I don't understand how somebody giving you money would result in you calling it a scam  |
|
|
|
Tipstar
Sr. Member
Offline
Activity: 1764
Merit: 280
Smart World Global Token
|
|
October 14, 2017, 01:54:26 PM |
|
Untill you put money in it, it can't be a scam, because by definition, airdrop is free money. I don't understand how somebody giving you money would result in you calling it a scam +1, Every coins and tokens in real world are valueless, the value is only defined by the community. If no one would want to buy bitcoin, it's price too will reach zero. |
|
|
|
lazygin001 (OP)
Member
Offline
Activity: 98
Merit: 10
|
|
October 14, 2017, 06:43:02 PM |
|
I don't know if this is a scam coin or not but what I do know is that prices for tokens, coins even Bitcoin fluctuate. So the fact that the price has dropped is not enough evidence that a token is a scam. I say do your due diligence.
Hmm....but the huge change in price happened within 5 mins after applying hence raised the my alarm. |
|
|
|
|
lazygin001 (OP)
Member
Offline
Activity: 98
Merit: 10
|
|
October 14, 2017, 06:44:50 PM |
|
it is early to say what it is. they have written that we'll be able to sell our tokens in December, only that time we will understand what is it all about.
Do you think you will sell the tokens straight away once it becomes available? |
|
|
|
|
|
btcjoin14
|
|
October 14, 2017, 07:06:05 PM |
|
Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
The coin may have some people backing it though what the developer plans is what the people in the community gets. I think that you should just store the coin and not cash them out until the price is above the investment amount. |
|
|
|
|
syaripudin
Sr. Member
Offline
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
|
|
October 14, 2017, 07:20:02 PM |
|
If indeed this new token can be traded in the month of December I think you should be patient to wait until the month of December. it may be the token you mean is in the distribution by the ICO so hopefully this token is not a scam so you do not get a loss if you are doing investment activities therein. indeed it usually requires a long process in the distribution of tokens that are being distributed by the ICO it is based on what I've experienced for the distribution of tokens I invested on the developer of a project.
|
|
|
|
|
Lord casanova
|
|
October 14, 2017, 08:32:38 PM |
|
the token will be transferable in the December I also have pow airdrop  |
|
|
|
|
billyj111
Full Member
Offline
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
|
|
October 14, 2017, 08:34:46 PM |
|
Well, why not legal? The price was simply dropped very much because there was no support and nobody needed a coin
|
|
|
|
|
JesusCryptos
|
|
October 14, 2017, 10:04:23 PM |
|
Untill you put money in it, it can't be a scam, because by definition, airdrop is free money. I don't understand how somebody giving you money would result in you calling it a scam Exactly! There is fashion to misuse words like scam and to apply it at random. POW token cannot be a scam until you are asked to buy it. As for the fluctuation of price, they have calculated a "supposed" price, and there cannot be any "real" price until there is a market, and this will be in december. |
|
|
|
Gigglemaster
Newbie
Offline
Activity: 18
Merit: 0
|
|
October 14, 2017, 10:12:06 PM |
|
Well, why not legal? The price was simply dropped very much because there was no support and nobody needed a coin
Yeah this market is so over saturated right now. I don't see how there isn't a massive crash within next month or so |
|
|
|
|
lazygin001 (OP)
Member
Offline
Activity: 98
Merit: 10
|
|
October 15, 2017, 03:10:37 PM |
|
Untill you put money in it, it can't be a scam, because by definition, airdrop is free money. I don't understand how somebody giving you money would result in you calling it a scam Well, not quite. Some airdrops such as this one requires you to register through using a social media account. That means they can have access to your personal details and if they are scam your details can be used for other purposes. |
|
|
|
|
|
tyuner4
|
|
October 15, 2017, 04:29:14 PM |
|
It is an airdrop so how can it be a scam? There is no way to guarantee the price of a coin won’t drop. In any case, altcoins are in red, perhaps you want to wait to see whether the price increase.
|
|
|
|
|
Lorie72
Newbie
Offline
Activity: 2
Merit: 0
|
|
October 15, 2017, 04:31:02 PM |
|
when can we put in changer the POW?
|
|
|
|
|
lazygin001 (OP)
Member
Offline
Activity: 98
Merit: 10
|
|
October 15, 2017, 05:49:58 PM |
|
Joined the POW token airdrop the other day, got around 300k POW Tokens and it claimed it was worth $850. Then a moment later when I checked again it dropped down to $140. Does anyone know if it is legit?
The coin may have some people backing it though what the developer plans is what the people in the community gets. I think that you should just store the coin and not cash them out until the price is above the investment amount. Yes totally agree, hope I don't forget about it in a few months time Did you join the airdrop right at the beginning? |
|
|
|
|
|
iungonetwork
|
|
October 15, 2017, 05:53:37 PM |
|
It is an airdrop so how can it be a scam? There is no way to guarantee the price of a coin won’t drop. In any case, altcoins are in red, perhaps you want to wait to see whether the price increase.
thats my thinking airdrops are worth something only when there is a liquidity / buyer |
|
|
|
|
