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Author Topic: Worst case scenario in the crypto industry  (Read 570 times)
siorapokk
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March 06, 2019, 06:02:39 PM
 #21

I believe we have already experienced the worst case scenario that happened during the last winter. Right now the market is very unstable and it still decides in which direction it is going to move and I hope it would be a green way.
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March 06, 2019, 06:32:19 PM
 #22

So let me take you guys back to 2018, where many start-up projects after their fund raising scheme will not list on the market.

Many of this projects said they will list Q4 2018 because they too where expecting a bull run at the end of the year.

This show how unprofessional many of this guys are, they just wake up from nowhere and they lunched a startup of something they barely understand how it worked.


I still believe that 99 percent of the people in crypto industry are in it for the money and not the technology from the developers to the investors,  market markers and exchanges and so on
Now everyone got disappointed the bull disappointed them and now they frustrate the investors by listing below ico price

This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.

Once again I am happy the bull run has no specific timing, let's see who survives and who doesn't

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March 06, 2019, 06:51:35 PM
 #23

When you should wait for a new bull run can not be installed and it's not professionalism. Many ICO projects have a chance to become successful, but there is too little activity on the market and even listing on popular exchanges does not provide the necessary turnover of coins. But there is a really positive point in this, if the project team will stay afloat in such a difficult time, then such a project should definitely be trusted.

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March 06, 2019, 07:01:00 PM
 #24

Even if they wanted to list during a bull run as you claim they did, then it's not unprofessionalism,neither were they looking out for just their pockets alone, if they had their way and the bull run came, then it'll be for the benefit of both the investors, the project and everyone connected to the project.
I don't see what's wrong with that, the market is bad generally and for now it's bad business for most projects, but a good project definitely should see through this times
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March 06, 2019, 07:02:43 PM
 #25

So let me take you guys back to 2018, where many start-up projects after their fund raising scheme will not list on the market.

Many of this projects said they will list Q4 2018 because they too where expecting a bull run at the end of the year.

This show how unprofessional many of this guys are, they just wake up from nowhere and they lunched a startup of something they barely understand how it worked.

Now everyone got disappointed the bull disappointed them and now they frustrate the investors by listing below ico price

This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.

Once again I am happy the bull run has no specific timing, let's see who survives and who doesn't
They also get caught on the flow of HYPE and now they are speechless for exactly this reason. There is no clear explanation about the guesses of ICO teams that predict the future environment of the market in order to choose the best conditions for progressing their project.
A plausible thing for them to wait up on such belief that bull run do usually happens on last month of each year but last year situation prove them wrong. We cant really say that this is the reason but
high probability that they are really aiming for this timing and making some easy money out of their crappy project built from trash.These system do still exist nowadays but eventually investors are becoming more
smarter each day and dont tend to easily believe with current ico as of now.

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March 06, 2019, 07:22:08 PM
 #26

I believe we have already experienced the worst case scenario that happened during the last winter. Right now the market is very unstable and it still decides in which direction it is going to move and I hope it would be a green way.
the green way will be anyway. just need to wait. Now are really hard times. this is a normal thing for the crypto

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March 06, 2019, 07:25:36 PM
 #27

When you should wait for a new bull run can not be installed and it's not professionalism. Many ICO projects have a chance to become successful, but there is too little activity on the market and even listing on popular exchanges does not provide the necessary turnover of coins. But there is a really positive point in this, if the project team will stay afloat in such a difficult time, then such a project should definitely be trusted.
Only reliable projects will survive in the bear market and downtrend doesn't let teams do their job properly.  Listing in exchanges doesn't mean their token will surpass easily other tokens. Big projects always prefer to list on big exchanges but big exchanges don't take every project for listing.
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March 06, 2019, 07:27:54 PM
 #28

This is true, but especially upsets me that many projects have not yet been listed or their price has significantly decreased in comparison with the ICO. I think that many, like me, have lost confidence in the ICO over the past year and have paused, waiting for bull run and new promising projects.

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March 06, 2019, 07:36:11 PM
 #29

I already thought that an ICO project in the form of a smart contract would be one of the schemes to commit fraud even though not all projects do fraud because there are also really good projects and until now the project we can say is successful. Most fundraising people are greedy people and these people expect the bullrun to happen at the end of 2018. I'm grateful that bullrun doesn't have a fixed schedule so we can know which projects are fraudulent and which projects are right really good
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March 07, 2019, 10:30:02 PM
 #30

Is this why they wait for such a long time to list their coins? Could  this reason be justified or they are trying to make quick money and run away like you said. I have seen some solid projects shifting date for listing their projects. I wonder if it was the same reason
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March 07, 2019, 10:36:49 PM
 #31

Here are also facts of what happened.

They have Ethereum and Bitcoin in their wallets from selling their tokens thru it.
Dump already happened at Q1 of 2018 so their tokens looks expensive already.
Somehow it was still bought by investors.
They could have sold it or they may have not yet waiting for a bullish run which seems not to happen yet until Q2 of 2019.

There is a 50 50 chance they could have sold it and is cash by now which could be the reason to more fall that happened with main  crypto currencies.

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March 07, 2019, 10:44:05 PM
 #32

Is this why they wait for such a long time to list their coins? Could  this reason be justified or they are trying to make quick money and run away like you said. I have seen some solid projects shifting date for listing their projects. I wonder if it was the same reason
I think there are a lot of possibilities that can be mentioned why they are difficult to register new coins, the first possibility is that the project may not be ready to launch, the second reason may be the team is waiting for bitcoin prices to be expensive so that the condition when new coins are launched does not fall, there are still many possibilities that occur, and I recommend that you better ask directly with their team directly to ask for certainty.
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March 07, 2019, 11:40:36 PM
 #33

What you have mentioned always depends on people. Startups that want to make a quick buck? Nothing special. However, even not so experienced young commited people can make a total revolution in their specific field. The worst scenario is that every coin will be worth nothing. But this would mean just one thing: something better was discovered. It would be that good that crypto will be seen as a technological dinosaur in a comparison. Is the progress in technology a bad thing? I doubt that (everything can be misused though). The most possible scenario is that some companies will turn their hard work into an absolute domination, but they will have to keep up with competition, which will push them even further. We are all in a rush to find THAT one (at least a single one) golden egg in a basket full of different coins. May the odds be ever in your favour  Wink.

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March 12, 2019, 07:12:53 PM
 #34

Yes, there always are such peoples in each field who would only look for their own benefit always.

A lot of peoples who don't even have enough knowledge about the start-ups they are starting are trying to offer ponzi schemes to the investors and are simply exiting the markets as soon as the standardization is been reached. Investors feel unsafe into the markets due to the ever increasing scam projects. ICO start-ups are a best way to collect fundS for a effective and better project but should be kept away from scam.

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March 12, 2019, 08:49:17 PM
 #35

Most ICO projects in 2018 become scam, basically they do not have real projects and seek funding through the ICO. So be careful before investing in ICO.
If we consider the ICO projects in the early 2016, we can see that almost each of the project from that time made immense profits and is yet a profitable project but projects after the mid 2017, were been started just to collect the funds and get away from the markets.

There were a lot of ICO's which ended up being scam so ICO investments is always being treated much risker now. Investing in something we already know is good to avoid such losses.
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March 12, 2019, 09:25:17 PM
 #36

The worst-case scenario is the fall in popularity and interest in cryptocurrency to the 0 mark, when no one will stay in cryptocurrency. But such a scenario, I think rather fantastic.
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March 12, 2019, 10:25:25 PM
 #37

Many people are waiting for a favorable time in the market, but this does not mean that the team of such a project is unprofessional or scammers. This time will show us who on that much. So we have to wait.
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March 12, 2019, 10:34:20 PM
 #38

So let me take you guys back to 2018, where many start-up projects after their fund raising scheme will not list on the market.

Many of this projects said they will list Q4 2018 because they too where expecting a bull run at the end of the year.

This show how unprofessional many of this guys are, they just wake up from nowhere and they lunched a startup of something they barely understand how it worked.

Now everyone got disappointed the bull disappointed them and now they frustrate the investors by listing below ico price

This guys are one of our problems in cryptocurrency, bunch of unprofessional lads wanting to see a bullrun and make quick cash and leave.

Once again I am happy the bull run has no specific timing, let's see who survives and who doesn't
Yeah much better that the bull run don't have specific time so no one expect anything especially some projects that can't do right thing to their own projects because they want only a easy money. But of course there some projects that have a good product and team that we really know that they do everything to make their project to be successful in the future.
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March 12, 2019, 11:38:47 PM
 #39

Each project has a different way of working. I admit that in 2018 there are many ICOs that reach a soft cap, but not yet listed on any exchanger. And this method I feel is less effective for a project that holds its coin into an exchanger. It will also harm and make investors nervous.
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March 12, 2019, 11:42:33 PM
 #40

not at all, those "guys" are not the problem. the people who give them their money (aka invest in their shitcoin or participate in their ICO or advertise their shitty project to get paid) are the biggest problems that we are facing.
otherwise they are simply doing what all scammers do, they scam people. and if newbies started using their head then we wouldn't be in this mess where all the ICOs are purely scams. and what you call "startup" is equal to a fake website that only wants to raise money by targeting the most gullible people.

You are right, crap projects are everywhere because there are people who are continuously supporting this type of crowdfunding projects.
And since many people got burnt from the ICOs held specifically last year, many ICO nowadays are having difficult time to raise their funds.
If people would be smart enough with their investments, not be greedy with the expected profits and do their own due diligence before investing to an unknown platform, these scammers might stop trying their tactics to deceive people.
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