rachman mahesa
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June 27, 2019, 05:13:32 PM |
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Wow, it's a pity. It turned out that many were victims of the idle IEO. It doesn't only happen to CMA but many other projects too. And plus Volume on IDX exchanges turns out to be fake. Really surprised by this news, I think idax is a good exchange. But in reality they are only fraudsters.
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herurist
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June 27, 2019, 05:29:27 PM |
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Wow, it's a pity. It turned out that many were victims of the idle IEO. It doesn't only happen to CMA but many other projects too. And plus Volume on IDX exchanges turns out to be fake. Really surprised by this news, I think idax is a good exchange. But in reality they are only fraudsters.
This is very embarrassing for IDAX's exchange, it turns out they have run away with 10 projects in large numbers, with this news IDAX will definitely experience a decline because people will no longer believe.
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Raymondavid47
Jr. Member
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Activity: 546
Merit: 3
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June 27, 2019, 10:11:43 PM |
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Honestly I have heard about a project complaining about this before. But I thought it was just a miss-up or something. But hearing the same situation with another project as confirmed it that idax is a scam exchange. something drastic needs to be done about this before it gets out of hand. Idax needs to face the consequence of there action Asap.
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Ranly123
Full Member
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Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
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June 27, 2019, 10:18:27 PM |
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This is really shocking ,idax is one if the top exchanges we have in Crypto space and I am promoting cryptomarketads presently ,what is going on? I hope they get to the bottom of this
I don't think IDAX is one of the top exchanges though. Of course it will be prone to hacks and scams because of low security to their site. Anyway, let's just wait for other confirmation whether they really are scammed or just a portion was being attacked.
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arufox
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June 27, 2019, 10:25:41 PM |
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I know Idax is one of big exchanges but, i never use this exchange, i dont know why i think because not interested. And if i already know about scam case, i will never believe again.
We must to share this information so people will leave it. People who have assets there, should be take it back before cant to withdraw, Better to play safe
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Wallflower28
Member
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Activity: 378
Merit: 11
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June 27, 2019, 10:28:36 PM |
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I was really shocked by this news, because I supported and campaigned for this IEO. I think we have to wait for confirmation from IDX, and let's be patient to wait for the positive attitude of IDAX. Hopefully this case does not have a negative impact on other IEOs.
I thought IDAX is one of the greatest exchange nowadays. But looking to the OP post, it seems like it is a scam exchange. This is the problem I have seen in IEO before. If the exchange is the scammers already, it may affect the popularity of IEOs. Well, this is just the first case and it may happen anytime in the world of cryptocurrency. But let us just be positive.
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Jrfranco
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June 27, 2019, 11:11:45 PM |
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Good thing that i didnt participate in this exchange for trading, but i was shocked when i read the news of an IEO project because i also participated their airdrops, this is the saddest thing of an IEO project done in exchanges, we could not forecast of when the exchanges may go to scam, or else our money will be gone too, maybe ICO has an advantage over IEO.
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SlickMoTwoToe
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June 27, 2019, 11:15:09 PM |
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Well if this true then it was a big lost for the cryptomarketads I hope everything would be fine and they settle their misunderstanding well we cannot blame everyone because we didn't know what is the truth so better wait a news for confirmation in both side.
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seleme
Legendary
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Duelbits.com
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June 27, 2019, 11:16:37 PM |
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Good thing that i didnt participate in this exchange for trading, but i was shocked when i read the news of an IEO project because i also participated their airdrops, this is the saddest thing of an IEO project done in exchanges, we could not forecast of when the exchanges may go to scam, or else our money will be gone too, maybe ICO has an advantage over IEO. The first failed chain of IEO hype came to the end point, IDAX started it. I am not shocked due to the lack of research should be done by project developers before accepting such shady request by unpopular exchange.
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Cheesus
Sr. Member
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Activity: 692
Merit: 254
terra-credit.com
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June 27, 2019, 11:25:33 PM |
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Personally, I don't believe that Crypto Market Ads raised 5 Million USD from the IDAX launchpad. It is true that IDAX pro is a shit exchange, and there is no doubt there. Most of their volumes are fake! Recently Migranet token got listed there and the price has been tanked because of the IDAX pro bot trading! Now, Migranet team also claiming that IDAX pro exchange is a scam. Let's wait to see what IDAX pro team reply us.
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Cheesus
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Activity: 692
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terra-credit.com
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June 27, 2019, 11:35:42 PM |
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Good thing that i didnt participate in this exchange for trading, but i was shocked when i read the news of an IEO project because i also participated their airdrops, this is the saddest thing of an IEO project done in exchanges, we could not forecast of when the exchanges may go to scam, or else our money will be gone too, maybe ICO has an advantage over IEO. The first failed chain of IEO hype came to the end point, IDAX started it. I am not shocked due to the lack of research should be done by project developers before accepting such shady request by unpopular exchange. Those project manager's knowledge is like a newbie. They said Latoken is a rapidly growing exchange, I mean seriously? They just care about the CMC rank. Migranet, Xcrypt projects looked potential to me, but they went for IDAX pro-IEO launchpad, where IDAX is an unpopular shit exchange with 87% fake volume!
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Endikadija
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June 28, 2019, 12:04:21 AM |
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Good thing that i didnt participate in this exchange for trading, but i was shocked when i read the news of an IEO project because i also participated their airdrops, this is the saddest thing of an IEO project done in exchanges, we could not forecast of when the exchanges may go to scam, or else our money will be gone too, maybe ICO has an advantage over IEO. The first failed chain of IEO hype came to the end point, IDAX started it. I am not shocked due to the lack of research should be done by project developers before accepting such shady request by unpopular exchange. More to come but the next case is not yet discovered. But a statement from SEC about idax can be a very strong reason to call that as scam exchange site. The developers must do an audit to the volume of exchange site, the trusted exchange will never report fake volume.
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cahbagus555
Member
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Merit: 12
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June 28, 2019, 12:36:57 AM |
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Personally, I don't believe that Crypto Market Ads raised 5 Million USD from the IDAX launchpad. It is true that IDAX pro is a shit exchange, and there is no doubt there. Most of their volumes are fake! Recently Migranet token got listed there and the price has been tanked because of the IDAX pro bot trading! Now, Migranet team also claiming that IDAX pro exchange is a scam. Let's wait to see what IDAX pro team reply us.
I think IDAX pro actually uses trading bots so the transaction looks big. Very surprising this happened because in the midst of the euphoria of the IEO after many ICO scams last year. Hopefully this is not an initial indication for the IEO scam because the new project will have difficulty in raising funds in the future
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freedomgo
Legendary
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Merit: 1173
Fully Regulated Crypto Casino
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June 28, 2019, 12:54:06 AM |
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Personally, I don't believe that Crypto Market Ads raised 5 Million USD from the IDAX launchpad. It is true that IDAX pro is a shit exchange, and there is no doubt there. Most of their volumes are fake! Recently Migranet token got listed there and the price has been tanked because of the IDAX pro bot trading! Now, Migranet team also claiming that IDAX pro exchange is a scam. Let's wait to see what IDAX pro team reply us.
I think IDAX pro actually uses trading bots so the transaction looks big. Very surprising this happened because in the midst of the euphoria of the IEO after many ICO scams last year. Hopefully this is not an initial indication for the IEO scam because the new project will have difficulty in raising funds in the future This one is a very useful article, - https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-itand based on that article, only 10 exchanges has the real volume, maybe some are just wash trading if that is the right term, and unfortunately, IDAX was not included in the 10 exchanges listed.
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bennguyen
Jr. Member
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Activity: 238
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simply getting the job done
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June 28, 2019, 01:59:08 AM |
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I have always believed and thought Idax was a great choice for IEOs. However when I received news from the project I was participating in - CMA, they forced Idax scam 5,000,000 USD. I feel vague, and do not know what is the truth. However, the Migranet project also launches the IEO in Idax and has some accusations about Idax when the MIG is listed but the MIG's price is dropped.
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OptimusPrime_3
Jr. Member
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Activity: 308
Merit: 1
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June 28, 2019, 09:12:26 AM |
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well, I am not surprised, I know many of this IEO will be based on stimulation, some projects will basically agree to that and make people believe that they had a successful sales. Probably some projects still believe in transparency and now IDAX is on fire.
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z21770179
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June 28, 2019, 11:37:49 AM |
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I think there is a mistake or problem here, IDAX floor still works normally and it will soon list XCT, it will also be IEO in IDAX, if it is scam then you will know the truth soon.
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bittick
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June 28, 2019, 12:58:34 PM |
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I think there is a mistake or problem here, IDAX floor still works normally and it will soon list XCT, it will also be IEO in IDAX, if it is scam then you will know the truth soon.
Have you not seen yet? Some one already posted the report that already created by SEC and for any reason and i will trust it rather than what are you saying about that. Do you think we can't argue if that was a scam before that exchange site turned a scam exchange site? it's a shame.
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microbb8
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June 28, 2019, 01:09:53 PM |
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Fraud at the new level. How many people believe in these IEOs and think that there will be no fraud. There will be no fraudulent IOE on the exchange - this is the result. What are you hoping for in IEO on third-rate exchanges?
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poodle63
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June 28, 2019, 01:32:34 PM |
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Fraud at the new level. How many people believe in these IEOs and think that there will be no fraud. There will be no fraudulent IOE on the exchange - this is the result. What are you hoping for in IEO on third-rate exchanges?
You pointed out the exact problem which is a third rate exchanges hosting an IEO which definitely lose the purpose of IEO itself, I don't know why but people seems to like to put their money on the edge of fishy exchanges aren't they? Even bittrex's IEO turns out to be a scam in the past and now third rate exchanges.
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