futuristishe
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March 16, 2019, 07:58:19 AM |
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The project is 100% Scam. May not be such a hard cap And when no such information on how much, how much is a coin, etc. then this project should get round
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Newjehan
Newbie
Offline
Activity: 2
Merit: 0
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March 16, 2019, 10:30:59 AM |
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I am Lahiru from Srilanka,
Bounty is very good.that is good Beninese as well as that people that lot of money buy us. that good investment.
Thank you!
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Ailmand
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March 16, 2019, 10:33:44 AM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
Could you tell us the name of the coin? Because this seems to be a scam 72 million dollar hard cap, Without putting the whole information about their coin. Have you tried to read their white paper? Because it should be writen there.
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various
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March 16, 2019, 10:55:29 AM |
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The 72m dollar hard cap is completely nonsense. Some projects can only identify such nonsensical hardcaps as they only come out to collect money. Think that even the hard cap of the ico in Binance is around 7-8m dollars.
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der_troll
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March 16, 2019, 11:22:57 AM |
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It is pretty ambitious on the falling market to target such great goals. During the raising market always every second ICO with a high level of hype are putting such goals, because they understand that on the raising market it is not a problem. But I doubt that any ICO will collect so much money right now.
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Xardasim
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March 16, 2019, 11:34:02 AM |
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The project is 100% Scam. May not be such a hard cap And when no such information on how much, how much is a coin, etc. then this project should get round
Have you ever seen a project with 72 million hardcap? This is a number that is connected to the project itself and it can be even higher. As far as I remember, there was a big project called WBB(World Bit Bank), and the softcap was $ 150 million.
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Huntler1993
Member
Offline
Activity: 462
Merit: 13
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March 16, 2019, 11:43:20 AM |
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Sometimes I don't understand some projects, you set this hard cap at this moment that everybody is been careful of his investment and people losing interest in ICO's. No wonder most projects do not achieve their hard target but instead try to catch their soft cap.
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hell_slayer
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March 16, 2019, 11:44:30 AM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
And what surprises you so much? 72 million dollars hardcap is quite a normal amount. Do not confuse this with a soft cap, which is usually a couple of million dollars. If you can not find information about the total token supply or any other information , you can always ask about it in the official telegram channel of the project you are interested in.
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Jack_Sin
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March 16, 2019, 11:50:48 AM |
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I am not sure that they have raised more than $ 50 million from ICO sales, maybe just a strategy to attract many investors because after ICO the price is no more than the price of airdrop tokens
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Papcio77
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March 16, 2019, 11:52:10 AM |
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Seems the project is not worthy enough, how could a good project dont have full information about them, good project must include even a single world related. If you really did research and find it good, ask on their social media accounts to know them deeper. Ask the points you not know and make a nice decision afterwards
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drumamat
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March 16, 2019, 12:10:39 PM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar?
It could be.But I have not seen such projects for a long time.By and large,if the project is ambitious and it needs such a large amount money,then at least the project team should provide an open access smart contract.
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StephenJH
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March 16, 2019, 12:13:50 PM |
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Most ICOs do not deserve their hardcap. I think the undeserving ones are just being greedy. Many of them are decentralized applications with very simple concepts that do not deserve even their softcap
We can't discuss their decision based on market conditions and bounty hunters are not patient enough for listing on the exchanges.
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coin-investor
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March 16, 2019, 12:16:40 PM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
It's hard to make a computation because there is no name of the project like all the other with the same opinion, ICOs are faking their hardcap this is an old strategy to attract investors and make the projects look good in the eyes of everybody.
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UNOE
Sr. Member
Offline
Activity: 791
Merit: 273
This is personal
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March 16, 2019, 12:23:16 PM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
You should watch how many tokens or coins are for sale, usually it is around 50% of total supply. Also, I think that number in Soft Cap is more important to watch than Hard Cap number. Hard Cap is just best scenario for project, but Soft Cap is money without which they can not continue their project.
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bitstalker
Member
Offline
Activity: 383
Merit: 10
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March 16, 2019, 12:29:30 PM |
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I myself am still confused about that but it seems like a natural thing, because there are so many projects like that
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aioc
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March 16, 2019, 12:43:10 PM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
72 million dollars are just too much for an ICO to create a great platform, we seldom have seen a project or ICO getting funded that huge amount right now, I think it's fake its part of the strategy I seldom see ICO that will show you how many funds they've got, developers hate to be ignored so they will try to manipulate.
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asdlolciterquit
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March 16, 2019, 02:33:34 PM |
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Is it normal that an ICO has a Hard Cap of 72 million dollar? And as of now I cant find the total supply of the coin so that I can compute the total supply and the value per coin, and I guess they should also put the total supply in their site. What do you think?
right now you can't trust almost anyone. Once, most of the ico have a counter on their official site... but now? Only few of them..
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FanEagle
Legendary
Offline
Activity: 3052
Merit: 1129
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March 16, 2019, 07:22:25 PM |
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Many ICO always update fake news for getting many investor, how ever I check many ICO raised hard cap but always have lower price after listing on exchange market, maybe they make fake news and they do not raised hard cap for ICO.
It has become so common how ICOs give this kind of misleading news just in a bid to mislead incoming or new investors but sometimes this idea of inflating hard cap does not even work for investors because there is possibility of investors having doubts except otherwise the ICOs have been known with a good reputation.
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Sanford
Jr. Member
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Activity: 462
Merit: 1
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March 16, 2019, 07:31:32 PM |
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If this data is not specified, the project may be fraudulent. You can not blindly believe all the information provided to us. I think every project should immediately announce the number of coins of the issue.
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kingpin4321
Member
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Activity: 280
Merit: 14
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March 16, 2019, 07:39:58 PM |
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Well hard cap are crazy target initial coin offering developers set for them selves most times investors and bounty hunters are more interested in project surpassing at least there soft cap. Only few projects hit hard cap
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