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Author Topic: What's with these Binance ICOs?  (Read 18921 times)
ub27
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March 03, 2019, 02:23:49 PM
 #41

It is said that the influence of binance I agree is because I monitor the project from the binance launchpad (Bread, Gifto) and the achievement of selling their tokens is very fast, but it is unfortunate to take part in the project in binance launchpad, because in seconds all tokens have been sold
It is difficult for us to successfully purchase these tokens in ICO. In 10s all tokens have been sold so the opportunity is only about 0.1%
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March 03, 2019, 02:34:55 PM
 #42

Big exchange do seems to give a big effect on transaction volume. Usually when there is new coins ready to be released on the market, many people will be asking if the coins will get listed in a specific market, in this case a big exchange.
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March 03, 2019, 02:45:17 PM
 #43

Certainly not a careless project that can exist in binance. The Scam project will also never be there. Because Binance is a place where many people believe. So from that ICO that is there, surely people think it's a good project. And it turns out that the ICO project is indeed a truly extraordinary project.
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March 03, 2019, 02:57:50 PM
 #44

These ICO projects sold out very quickly because they're really good project. Beside their token also listed on the best crypto exchange, Binance so it's the reason why so many investors wanna invest in these ICO projects because they believe that these tokens price will increase at least x2 after listing on Binance.
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March 03, 2019, 03:38:38 PM
 #45

yes right because binance is the largest exchange number 1. and also has a very large investor. because binance was the third party. That made the ICO sold out. because they believe in binance will get big investors

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March 03, 2019, 03:49:00 PM
 #46

yes right because binance is the largest exchange number 1. and also has a very large investor. because binance was the third party. That made the ICO sold out. because they believe in binance will get big investors
That is exactly what im thinking. People are all in to the idea of trusting big and popular platform. It is just as like wiseman saying that even bill gates’s fart will turn into a motivation so that pretty much sums up the currenct circumstances at the meantime.

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March 03, 2019, 04:38:06 PM
 #47

yes right because binance is the largest exchange number 1. and also has a very large investor. because binance was the third party. That made the ICO sold out. because they believe in binance will get big investors
That is exactly what im thinking. People are all in to the idea of trusting big and popular platform. It is just as like wiseman saying that even bill gates’s fart will turn into a motivation so that pretty much sums up the currenct circumstances at the meantime.
These projects that came to Binance, I take my hat off to those in charge of the exchanges, because it is a masterful strategy to have entered there, just to be on the list there are sufficient reasons to go ahead with very high possibilities. of success, however, I imagine that the observation and the measures for them are a total follow-up.

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March 03, 2019, 04:43:19 PM
 #48

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Well, you know the fact is that the company is working. They occupy a leading position in their industry. It means a great experience. And there are all financial opportunities to build a project with your own strength. Therefore, such projects are supported.

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March 03, 2019, 04:45:33 PM
 #49

All projects that are being launched on Binance launchpad, are successful. I believe that this is the Binance effect and people need some trusted third party that will guarantee that these projects will be directly listed on Binance.
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March 03, 2019, 04:47:29 PM
 #50

I would say yes , It is mostly because of binance reputation, binance is using from its reputation to gathering some money for some ICOs , It has done so well so far but I don't think all ICOs that hold on by binance be so successful like that , everything has a top and a bottom .


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March 03, 2019, 05:08:16 PM
 #51

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

Certainly yes. Binance is the biggest exchange at the moment where big whales cash out their money. The recent tides goes a long way that cryptocurrency is majorly about the cash outs. Only  very few projects are after the real life application of the technology these crypto projects pretend to offer

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March 03, 2019, 05:10:44 PM
 #52

After Bittorent, another project (Fetch) had another sold out ICO. After many claims that "ICOs are dead", why is it that we still have these ICOs being sold out in a matter of seconds?

Is it because it's held on Binance?

There is a big impact on an ICO project if it will be on binance, as binance has a good reputation and a big exchange.
This might be an insurance to investors that the project is not a scam which many people had before.

But it is true, that not all people are able to invest on the ICO in Binance!
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March 03, 2019, 07:43:01 PM
 #53

It is a possibility. But I do not believe those projects are better than others that are still struggling to raise funds. I guess Bianance is trying to attract and trap icos  on its platform. I wonder how permissionless and uncensorable  their platform is. Do they require investors to pass kyc or something?

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March 03, 2019, 07:45:28 PM
 #54

I haven't heard of ICOs held on Binance before. That should be the main reason then because people believe Binance to be one of the top exchanges that lists good projects.
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March 03, 2019, 07:57:45 PM
 #55

Becasue the populer of Binane Exchange, each project by using their service always getting a good result. I think Binance makes a good service funding because that was really fast for the ICO only takes 10 second.

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March 03, 2019, 08:10:40 PM
 #56

Binance has very good reputation so investors believe that only good projects would use their platform to conduct ICO.

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March 03, 2019, 08:19:55 PM
 #57

The true question here is, How much did that ICO paid Binance to do it, Ir if there are not maybe Binance really seen a potential with their project, And because it is Binance many people will sure trust it, The brand name is really important and just like in TV programs if the channel is very popular many audiences would surely trust it, And Binance is one of the tops and trusted Exchange in the community, So there is no doubt about it,

Even if ICO right now is dead, There are still developers that are pursuing it and when the price of BTC reach the $4000 USD in a long while maybe many did think that the price will even climb up again even if it takes a long while.
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March 03, 2019, 08:33:38 PM
 #58

this is just the usual manipulation by this exchange. they forced people to buy their BNB token and then bought their ICO themselves and earned money twice

Am still wondering and surprised that Binance can hold an ICO in their exchange. I mean, when did that start cos I haven't heard of such before. Anyway, people are so crazy about binance that they can jump into such ICO.
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March 03, 2019, 08:42:11 PM
 #59

What I can deduce from what's happening, is that some ICOs are using the name of Binance, along its reputation and the trust people have in Binance to make their sales. Well it is working out for them, so I am not surprised
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March 03, 2019, 08:48:58 PM
 #60

Any claims at to regards the death of initial coin offering icos is false and can only create FUD.
Initial coin offering would still be here
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