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Author Topic: [ANN][ICO] savedroid - BITCOIN SAVING MADE EASY!  (Read 54986 times)
Ulfatron
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August 22, 2018, 12:07:45 PM
 #3741

Ndok88, please don´t use the H word, it is not so nice, and I belive that tempus who has given us so much info on this subject is himself German.
I do agree that without a change of management this project has no future, and even with better management their business model is flawed, and the tokenomics even more so.
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August 22, 2018, 12:21:20 PM
Last edit: August 22, 2018, 12:42:36 PM by Fuehrermeister
 #3742

i am so glad i sold this piece of shit 3 days ago before this article was published.
at 0.0000003 bitcoin i wanted to wait for it to go up a little bit before selling, but it kept falling so i sold at 0.0000002. it was the right move, because now it is at 0.00000016.

it is such a relief that i got rid of this shit. now i feel free again, although i lost a couple thousand dollars on this.
originally i only invested 300 euro, but when they started to hype up the TOP 5 exchange during the ICO, i invested all i had. they should go to jail for this scam lying to their investors to make them invest more money with this bait.
there was never a TOP 5 exchange. they desperately try to find a TOP 5 exchange now to save their head, but no exchange will list this shittoken.

i hope that the german authorities will look into this and put Yassin and Tobias in jail.
maybe the remaining money can then be returned to the investors.
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August 22, 2018, 01:55:03 PM
 #3743

Ndok88, please don´t use the H word, it is not so nice, and I belive that tempus who has given us so much info on this subject is himself German.
I do agree that without a change of management this project has no future, and even with better management their business model is flawed, and the tokenomics even more so.

looks a like, not equates. Because the level is much different. LOL .. I followed the Tempus review for a long time😚, so I commented at the end of the word he said and it was a ridiculous fact🤣
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August 22, 2018, 08:46:59 PM
 #3744

Isn't it interesting that the team did not yet react on the damaging Whistleblower-article that came out yesterday?

On April 26 I had an interesting discussion with tobson2 and said this about communication:


(...)

See, everything what is expressed is communication under the line. That even includes „a lack of“ at the wrong time, because also that is interpreted. And communication is not just about „what“ but also about „how“ and intensity, context and timing and even if done near to perfect, there are unknowns because everything is interpreted subjectively by individuals.  (...)



If we think about what a natural reaction of a legit project on such an article would be, it's also possible to think about what they communicate with their silence.

Imagine you are a high-level-member, or even the CEO, of a company that gets attacked by a made up story build on lies. Wouldn't you want to rebut it as soon as possible? And of course, a detailed reaction may take some time but a natural thing to do would've been:

1) Right after the article hit them at least react with a tweet, saying that the article is bullshit and a detailed reaction will follow
2) After about 8-10 hours at latest it should be possible to publish a blog-post that refutes all lies.

And when it's about serious allegations (and that article absolutely has that): It would be right to take legal action and in such a case, differently to the study, it would also be right to publicly say that legal actions will be taken.


They've done nothing so far. Why?



If anybody should have doubts that there would be good reasons to react fast on something like that, just take a look at the chart:




The chart does not only show the reaction on the article. It shows much more:


1) There wasn't even an immediate and strong reaction right after the article was published
2) But since there was no reaction of Savedroid, more people became uncertain and sold
3) Then there even was a bit of a recovery - maybe because some believed, Savedroid would "soon" rebut the article
4) But over the day today the silence was interpreted as "what is said in the article is probably true, otherwise Savedroid would have refuted it"


The problem also is: After such a long time a reaction of Savedroid could not have the same impact as if they would have reacted reasonable and quickly.

So, again the question is: Why?

Simple answer: There is a high probability that the allegations lined out in that article are true.



And again, the most serious one in my opinion is this one:

"Shortly before the end of the tokensale, the Sales team was instructed to contact big Investors of the ICO and to persuade them to additional Investments. There have been made promises of high premium and returns. An increase of value of the SVD-token of 500% and more in a few months was predicted, former employees tell. Also a doctored image was sent out which showed that the Savedroid Token was planned to being traded on the known Crypto-Exchange Binance. Savedroid didn't want to comment on that as well."  


The problem for Savedroid is, in case that should be true, that they can not say that it is not. Because if they've done that there is proof out there. In such a case former employees probably still have such mails and some of the bigger Investors have those mails.

But, if they don't say that it's not true it would be the same like confirming it to be true.


Considered such allegations are true, and I believe they are, the situation for them right now is probably like this:

They try to find a way to react on this in a convincing way while not saying too much, because if they would go into details they would go into total confrontation. They could easily lose such fight within a few hours, maybe just minutes, with the result to be outed as blatant liars. Just imagine Savedroid would claim that they have never done this and Gründerszene simply replies with a screenshot of a mail including such a doctored SVD-Binance-Pic. Or imagine a big Investor, who is mad as hell now because his 100K are not even 10k now, would come forward.

But... if they just come up with random and unspecified write up it would also say a lot while additionally they would be confronted with questions, like "Hey, you didn't say anything about the Binance-allegation! Is it true or not?"...


With other words: In case such allegations are true they find themselves in a trap without any good option.


There is another thing in case the Binance-topic should turn out to be true: It could legally cross a line. My knowledge about that is too limited but I don't think that it would not be illegal to manipulate Investors into giving them high amounts of money using lies and deception.


Plus: Also on April 25 I've written a longer post about a potential scenario regarding the Top5-Exchange:
 https://bitcointalk.org/index.php?topic=2578161.msg35591368#msg35591368


In case this Binance-allegation should be true, it's totally safe to say that SVD will never be listed on Binance. And it's also likely that no other big exchange will list them. And that would have more consequences when it's about the price of course. The chance that this goes back to ICO-level is not high but it would even decrease significantly if SVD doesn't get a better listing in future. The price is constantly falling at low volume and the result is that more and more Holder think "damn, I wish I would have sold yesterday or last week" etc. And those guys will use every bit of recovery to sell, especially if they see no hope.





Result today: The price right now is at 0.00081993 EUR. That's a loss of 91.8% - it  would have to rise x 12 to get to ICO-price-level.

That makes obvious who is bleeding for their bullshit.
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August 23, 2018, 05:11:31 AM
 #3745

Someone just saying that savedroid will be the only coin on earth very soon....I asked him why and he questioned me surprisingly, really you dont know? Do you know the reason why savedroid will be the only coin on earth?
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August 23, 2018, 06:11:58 AM
 #3746

Someone just saying that savedroid will be the only coin on earth very soon....I asked him why and he questioned me surprisingly, really you dont know? Do you know the reason why savedroid will be the only coin on earth?
How is it possible that savedroid will be the only coin on earth when it's not performing until now.
Look at the graph above, we are not going up, we are going to the opposite direction which every investors hate to see.

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August 23, 2018, 10:35:48 AM
 #3747

When will be top 5 exchange? They promised top 5 exchange since beginning. Top 5 now are: Binance, Okex, Huobi, ZB, Bitfinex....

I think more exchager is useless... No liqudity.. no attrack new investor... Nobody interest to buy the token.

The solutions is no more exchanger but promotions, rebrand, or something else to repair that bad reputation.
Maybe build their own mainet.😋

In anyway they working at exchange listing as I see. SVD listed to Cobinhood also (this is Korean exchange). Hope they will keep prmosing and added SVD to top exchange.
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August 23, 2018, 10:52:42 AM
 #3748

When will be top 5 exchange? They promised top 5 exchange since beginning. Top 5 now are: Binance, Okex, Huobi, ZB, Bitfinex....

I think more exchager is useless... No liqudity.. no attrack new investor... Nobody interest to buy the token.

The solutions is no more exchanger but promotions, rebrand, or something else to repair that bad reputation.
Maybe build their own mainet.😋

In anyway they working at exchange listing as I see. SVD listed to Cobinhood also (this is Korean exchange). Hope they will keep prmosing and added SVD to top exchange.

there will be no more exchange listing. this project will never get their feet on the ground again. no top exchange wants to be associated with this scam team. only small shit exchanges will list this for hard USD.

i sold my coins with 90% loss and this thing keeps dropping, because nobody wants to buy it. just look at the volume. this will go towards zero. nobody is stupid enough to buy this.
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August 23, 2018, 11:04:58 AM
 #3749

When will be top 5 exchange? They promised top 5 exchange since beginning. Top 5 now are: Binance, Okex, Huobi, ZB, Bitfinex....

I think more exchager is useless... No liqudity.. no attrack new investor... Nobody interest to buy the token.

The solutions is no more exchanger but promotions, rebrand, or something else to repair that bad reputation.
Maybe build their own mainet.😋

In anyway they working at exchange listing as I see. SVD listed to Cobinhood also (this is Korean exchange). Hope they will keep prmosing and added SVD to top exchange.

there will be no more exchange listing. this project will never get their feet on the ground again. no top exchange wants to be associated with this scam team. only small shit exchanges will list this for hard USD.

i sold my coins with 90% loss and this thing keeps dropping, because nobody wants to buy it. just look at the volume. this will go towards zero. nobody is stupid enough to buy this.

This is not a scam project what is happening this is just effect of the bad publicity stunt and now it making hard for it to get recover. SVD has good concept hopefully in long term it will get succeed to build trust of the community.
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August 23, 2018, 11:26:36 AM
 #3750

When will be top 5 exchange? They promised top 5 exchange since beginning. Top 5 now are: Binance, Okex, Huobi, ZB, Bitfinex....

I think more exchager is useless... No liqudity.. no attrack new investor... Nobody interest to buy the token.

The solutions is no more exchanger but promotions, rebrand, or something else to repair that bad reputation.
Maybe build their own mainet.😋

In anyway they working at exchange listing as I see. SVD listed to Cobinhood also (this is Korean exchange). Hope they will keep prmosing and added SVD to top exchange.

there will be no more exchange listing. this project will never get their feet on the ground again. no top exchange wants to be associated with this scam team. only small shit exchanges will list this for hard USD.

i sold my coins with 90% loss and this thing keeps dropping, because nobody wants to buy it. just look at the volume. this will go towards zero. nobody is stupid enough to buy this.

This is not a scam project what is happening this is just effect of the bad publicity stunt and now it making hard for it to get recover. SVD has good concept hopefully in long term it will get succeed to build trust of the community.

ok have fun with your nice project which made false promises to get people to invest into it.
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August 23, 2018, 09:49:15 PM
 #3751

Great summary!

https://twitter.com/SavedroidShits1/status/1032740568550526976
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August 24, 2018, 10:56:35 AM
 #3752

is the svd app is somethings like revolut ? I will be abble to have a card ? why should I think svd will make better ?
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August 24, 2018, 11:40:13 AM
 #3753

Faildroid is a poor project, at least till now. You got interest from people also showing everywhere the sentence "made in Germany". Well, I work from decades with german companies in music biz but your way to work is nothong about them, I think german people could be angry, you look more like a chicken stealer than a german company
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August 24, 2018, 11:58:16 PM
 #3754

This function will be available by the end of this month. (Playstore/AppStore) You‘ll be able to transfer the tokens via the app later this month, the wallet function (withdrawal) will be added to the Crypto Beta for everyone and you‘ll be able to transfer your tokens to any private erc20 Token wallet.
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August 25, 2018, 03:24:47 PM
 #3755

This function will be available by the end of this month. (Playstore/AppStore) You‘ll be able to transfer the tokens via the app later this month, the wallet function (withdrawal) will be added to the Crypto Beta for everyone and you‘ll be able to transfer your tokens to any private erc20 Token wallet.

I do not know where this all will end up. SVD before launch was considered to be one of the best project but once ICO concluded it turned out to be a scam project with no listing and no work from the admin. Then suddenly the project comes live again and list of 5 relatively small exchanges.
Now are the team back to fulfill their promised but they have to work double hard work to remove the doubt and the bad reputation which they have already again. Or they are here again for another scam ? Huh

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August 26, 2018, 11:24:14 AM
 #3756

This function will be available by the end of this month. (Playstore/AppStore) You‘ll be able to transfer the tokens via the app later this month, the wallet function (withdrawal) will be added to the Crypto Beta for everyone and you‘ll be able to transfer your tokens to any private erc20 Token wallet.

I do not know where this all will end up. SVD before launch was considered to be one of the best project but once ICO concluded it turned out to be a scam project with no listing and no work from the admin. Then suddenly the project comes live again and list of 5 relatively small exchanges.
Now are the team back to fulfill their promised but they have to work double hard work to remove the doubt and the bad reputation which they have already again. Or they are here again for another scam ? Huh
I think they are here to prove that they are not a scam project.
We cannot make the price as the basis of success currently because of the bearish market now, let's just hold if we believe this will succeed in the future.


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promotionuser
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August 26, 2018, 05:24:57 PM
 #3757

I am missing the saving part. How do you save. Say I have 100000 SVD. You put it in the wallet. Then what? How do you save towards a goal? How does the value increase?
Freaks
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August 26, 2018, 06:46:30 PM
 #3758

I am missing the saving part. How do you save. Say I have 100000 SVD. You put it in the wallet. Then what? How do you save towards a goal? How does the value increase?

Then forget about this investment for few months at the moment I don't see any sign of mercy for this project. majority of the investors are still doubtful about the future of this project so when they will offload their tokens and whales get control over huge portion of the supply than we will see little rise there.
tempus
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August 26, 2018, 08:24:24 PM
 #3759

I am missing the saving part. How do you save. Say I have 100000 SVD. You put it in the wallet. Then what? How do you save towards a goal? How does the value increase?

Then forget about this investment for few months at the moment I don't see any sign of mercy for this project. majority of the investors are still doubtful about the future of this project so when they will offload their tokens and whales get control over huge portion of the supply than we will see little rise there.

I doubt that will happen. Reasons:

1) Much too low liquidity and volume. It's near to impossible to accumulate a lot and once that would be achieved it wouldn't be possible to sell that without crashing the price,

2) Even more important: There are whales in this, big holders who can not sell without crashing the price to zero.

3) In the last AMA (right before it hit the exchanges) Yassin said, and he meant that positive, that it would start with lower circulating supply because of lock up periods etc. Also: As far as I know many Credit Card Users still don't have their tokens (?). That means: Over time the circulating supply will increase. It's not real inflation because the total will not change but for the market it is inflation.

4) Additionally there is a specific problem this project has: A really bad reputation. That leads to a lack of buyers.

5) It's still not cheap. Ppl just believe that because they compare the current price to ICO-price. But truth is: It was unbelievable overvalued. Nobody (!) could ever explain in which universe a total value of > $80 M would be justified. Right now it's at $8 M. The whole company is most likely not worth $8 million, why should the total SVD-supply be worth that much?


If you think about it out of the perspective of a rich kid who thinks about accumulating SVD.... There may be some who have too much money in combination with a low IQ. But they don't find this. ;-)




Edit: Somebody tried to pump this on August 15, or maybe he believed that would be "accumulation". He is a bagholder now or sold at a painful loss:

Interesting/not smart pump attempt today!





gembira
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August 27, 2018, 10:17:01 AM
 #3760

This function will be available by the end of this month. (Playstore/AppStore) You‘ll be able to transfer the tokens via the app later this month, the wallet function (withdrawal) will be added to the Crypto Beta for everyone and you‘ll be able to transfer your tokens to any private erc20 Token wallet.

Which functions you mean? They will released own wallet? Which currencies their wallet will accept? And which advantages their wallet will have before Eidoo wallet for example?
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