Veriblock IEO finish in 10 seconds, what's your take?

[elbimbo012]

IEO  is now the updated version of ICO  but investors are really flocking to buy a portio of the allotted coins or majority of this coins are bought by exchange insiders cause they are aware that once IEO  Coins are available  in exchange its price may surge several folds. I hope this would not be abuses by insider traders cause if they do investors may get less interest until this kind of fund raising would  deteriorated overtime.

[Psynthax]

I think that the ieo will gain investor confidence for several months. But personally, I am also afraid to take part in them. For me, this method is similar to the usual pamp. Someone wins, someone loses. It rarely happens that everyone stays at the top.

That's not true. when you are participating in the ico or IEO and then it goes 3x or even more and as a part of those early investors and you will get instant profit except if there will be a different part of the distribution. I hope you can understand that.

[dataispower]

Bittrex posted on twitter:

"The IEO for @Veriblock ended within 10 seconds. Thanks for participating in the Initial Exchange Offering.

Stay tuned for future IEOs coming soon."

IEO seems to be like ICO at the early stages, but i am skeptical.
Did the IEO really sold out to public in 10 seconds or did most of it already been bought up by internal investors and just a small portion of it actually sold to public?
This seems like also another way to convince the market into putting their money into buying "legit" IEOs that will be listed on these launchpads in the future.
Will IEO last for the long term? Or will the hype just die down in the coming few months?

https://twitter.com/BittrexIntl/status/1113110527511855106
https://www.coingecko.com/en/coins/veriblock

bittrex trading platform does not have a separate coin. And that floor sold $ 7mil to investors. Too much, and the way they do it next seems like they're drifting away, letting the project live on its own. Surely a lot of people are angry.

[btc-facebook]

I have tried many times to join IEO including on Bittrex,  but I feel like it's not even a 10sec. I've clicked the buy button and also the checkbox, but it's already sold out, it's not even a 3 seconds! I'm not sure if this legit or not, but I've seen many videos about people participating in the same netcafe and most of them are getting those tokensale.

[OluwaTosin10]

Yes you are right
But I feel the exchanges are already aware of who will and who are going to be the first buyers
And basically left others to be scrambled for by willing buyers

But the trend is normal
Good news is last time I checked veriblock is trading above ieo price
dyor before buying the green candles

[jojohamasa]

Bittrex posted on twitter:

"The IEO for @Veriblock ended within 10 seconds. Thanks for participating in the Initial Exchange Offering.

Stay tuned for future IEOs coming soon."

IEO seems to be like ICO at the early stages, but i am skeptical.
Did the IEO really sold out to public in 10 seconds or did most of it already been bought up by internal investors and just a small portion of it actually sold to public?
This seems like also another way to convince the market into putting their money into buying "legit" IEOs that will be listed on these launchpads in the future.
Will IEO last for the long term? Or will the hype just die down in the coming few months?

https://twitter.com/BittrexIntl/status/1113110527511855106
https://www.coingecko.com/en/coins/veriblock

Regarding this proposition, I am skeptical


IEO has some reliability especially if the platform they organize is Important
It will take some time to judge this experience
I wish it to be successful and not like ICO which was mostly a failure.

[pixie85]

In my years in cryptocurrency, I have never seen projects sold out in ICO within very short period of time the way IEO project does, we are talking about seconds here, what magic could have been done, was every investor on the pc at the same time to do this, I really smell hands of internal investors in this.

If it was external investors that really did, why are so many people on this forum complaining bitterly about finding it difficult to have a shares in the token too, I have not seen anyone in this forum that came out to say that I successfully purchase so called coin too, all I hear is being on queue which never succeed till the ICO gets sold out. This is one of the reasons why these scams will succeed in penetrating IEO projects.

There's something strange about this IEO. They had some problems in the beginning with the launch and there was not much interest at first especially compared with other exchanges and now they sold out at launch. There had to be some insider trading involved possibly to hype it up and influence the future value. When people hear that it was so popular and sold out at record time they will want a piece of it.

[nreal]

Everybody scrambles to buy VBK, there are those who play tricks to get it. But until now it seems to be a failed IEO.

[maiyahan]

The IEO seems to replace the popularity of the ICO, maybe to get a quick profit because it is only sold in phases and is limited. But not all of them can join the IEO because each exchange has their respective terms such as their coin hold.

[Red-Apple]

there is a very good chance that this was an attempt by this shady exchange to try and revive the old raising funds through initial coin offering scam by showing that this seemingly "new" method called I.E.O. is super successful, so they created a fake one that got filled within seconds and reported big and fake statistics to bring the hype back and scam people some more.

[novaprime]

Everybody scrambles to buy VBK, there are those who play tricks to get it. But until now it seems to be a failed IEO.

This is one of the IEO projects that failed and made many investors disappointed. They did not have any information regarding listing VBK and Bittrex listed silently that made the community very angry in this project. I think Bittrex is one of the worst exchanges and this exchange really has not had the community in recent times. I do not expect the value of VBK can increase because they have not opened the wallet for the miner and the value of VBK may be further reduced in the near future.

[luthvie]

this is proof of such as great project with the new system of token sales can be the solutions for traditional ICO whos already filled by scammer people, this is something really good and must keep it up.

[xenomorphe1]

You can now buy the Veriblock coins at near the price demanded at the IEO. I have read that you can't deposit or withdraw VBK coins. It should fall a lot more if the miners and the team can deposit their coins. And their bags are surely a lot of more as the mining coins were doubled from testnet to mainnet. This coin is not so good. Only the first sellers did get some profits.

[HyughA]

I heard in the telegram discussion group, and all the members bought it with relatively large assets, one of the first IEO in Bittrex with good project quality

[The Cryptovator]

Don't know IEO will long last or not but its sure they are cheating with users. No doubts about it, because I am the one of them who tried to buy. But buy option was disable until sold out. Means Bittrex reserve themselves. Once they enabled that time already sold out. I was waiting before 15 minute and continue refresh page until timer become 00.00.00. But unfortunately I wasn't able to buy. Not sure if any other users bout that coin.

[ashmodeus]

I have tried many times to join IEO including on Bittrex,  but I feel like it's not even a 10sec. I've clicked the buy button and also the checkbox, but it's already sold out, it's not even a 3 seconds! I'm not sure if this legit or not, but I've seen many videos about people participating in the same netcafe and most of them are getting those tokensale.

well
about it, i hear binance CEO look for solution.
since many many people didn't get the token,probably the token sold to big whales, with huge money.

[jacafbiz]

I think the IEO trend will end before it gain traction, just go and see all these exchanges tokens are dumping because people are now realise they are getting scammed with these IEO, most if not all of them are losing value day by day. Greed is killing these exchanges, I hope Veriblock lost more than 50% of its IEO price then people will come to their senses

[makishart]

I think the IEO trend will end before it gain traction, just go and see all these exchanges tokens are dumping because people are now realise they are getting scammed with these IEO, most if not all of them are losing value day by day. Greed is killing these exchanges, I hope Veriblock lost more than 50% of its IEO price then people will come to their senses

Have you seen the result from this one? it looks like a lot of early investors are getting 30% lost after veriblock already listed on the binance exchange site. They will think for a twice before try to participate in the any IEO again because the hype of exchange matters a lot.

[Nekoma2018]

I've heard alot about this project, saw quite a few hero and legendary members with the signature.. too bad I'm too late now too take part in any of the sales or promotional offer... I'll have too wait for it too get losted

[adamlillian]

The veriblock has been bought so easily that its value has greatly decreased compared to the IEO price. I think Bittrex is not willing to support Veriblock and it will be the next crypto market coin.
It seems that the IEO's heat has decreased significantly and we need to find a new investment trend.